TCNS Clothing Q2 Update - Building Levers For Sustainable Growth: ICICI Direct
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ICICI Direct Report
Given its multi-distribution channel approach and robust supply chain infrastructure, TCNS Clothing Co. Ltd. has emerged as the market leader in women’s ethnic space through its three popular home grown brands.
TCNS follows an asset light business model, with production outsourced on a job work basis. This enables the company to generate high RoIC.
Healthy balance sheet with cash reserves worth 160 crore.
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