Tata Consumer Products Ltd logo

Tata Consumer Products Ltd

TATACONSUM NSE

Tata Consumer Products Ltd. is part of Tata Group and is engaged in the food & brevages segment globally.[1]

AI Verdict: HOLD Confidence: 5%

Tata Consumer Products has strong brand equity and consistent sales growth of 14% CAGR over 3 years, but the stock trades at a steep PE of 71.1x with a low ROE of just 7-8%, making the risk-reward unfavorable at current levels. The 75% analyst buy rating provides some comfort, but valuation leaves little margin of safety.

Key Fundamentals

MidcapTea & CoffeeConsumer Goods
Market Cap
1.1L Cr
Volatility
Moderate
P/E Ratio
72.52
EBITDA
₹2,957 Cr
Return on Equity
7.46%
Debt to Equity
0.12
Book Value
₹220.15
EPS
₹13.53
52W High
₹1,282.7
52W Low
₹1,007.2

Technical Indicators

Key Insights

Strengths

1
  • Company has been maintaining a healthy dividend payout of 64.1%

Weaknesses

3
  • Stock is trading at 4.99 times its book value
  • The company has delivered a poor sales growth of 11.8% over past five years.
  • Company has a low return on equity of 7.52% over last 3 years.

Growth Rate

Revenue Growth
14.84% ↗
Net Income Growth
18.63% ↗
Cash Flow Change
17.76% ↗
ROE
9.46% ↘
ROCE
4.80% ↘
EBITDA Margin (Avg.)
-3.67% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 2d ago
HOLD
Risk medium

Tata Consumer Products has strong brand equity and consistent sales growth of 14% CAGR over 3 years, but the stock trades at a steep PE of 71.1x with a low ROE of just 7-8%, making the risk-reward unfavorable at current levels. The 75% analyst buy rating provides some comfort, but valuation leaves little margin of safety.

Bull Case 7
  • Strong analyst consensus with 75% buy ratings (21 out of 28 analysts recommend buy)
  • Consistent compounded sales growth of 14% CAGR over 3 years and 15% TTM, indicating accelerating revenue momentum
  • Compounded profit growth of 22% TTM shows improving profitability and operating leverage
  • Healthy dividend payout ratio of 64.1% demonstrates shareholder-friendly capital allocation
  • Long-term wealth creator with 10-year stock CAGR of 25%, significantly outperforming broader market
  • Large-cap stability with market cap of Rs 1,09,989 crore providing institutional comfort and index inclusion benefits
  • Compounded profit growth of 68% over 10 years reflects successful transformation from a pure tea company to a diversified FMCG platform
Bear Case 7
  • Extremely expensive valuation at PE of 71.1x, far above FMCG sector average of 45-55x, leaving no room for execution misses
  • Low return on equity of just 7-8% over 3 and 5 years suggests inefficient capital deployment despite premium valuation
  • Price-to-book ratio of 5.05x is elevated for a company generating sub-8% ROE, implying poor return on invested capital
  • Poor 1-year stock CAGR of just 1% indicates market is already questioning the growth-valuation disconnect
  • Dividend yield of only 0.9% provides minimal income cushion during any potential de-rating
  • 5-year sales growth of only 11.8% is modest for a stock commanding a 71x PE multiple
  • 3-year stock CAGR of 10% significantly trails the profit CAGR of 13%, suggesting the market is already de-rating the stock from peak multiples

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 1d ago
Headwinds 2
  • Stock down 5% in two weeks Jun 3

    Tata Consumer Products fell over 3% in one week and over 5% in two weeks as of June 3, despite Morgan Stanley's bullish stance.

  • Growth businesses soft on exports Jun 3

    Capital Foods and Organic India growth was softer in FY26 due to weak exports, though management targets 30% growth ahead.

Positives 6
  • Morgan Stanley sees 17% upside Jun 3

    Morgan Stanley reiterated Overweight with a target price of ₹1,351, projecting double-digit revenue growth and 30% growth in growth businesses.

  • Q4FY26 profit up 21.6% Jun 3

    Consolidated net profit rose 21.6% to ₹424.02 crore in Q4FY26, with revenue from operations up 18% to ₹5,433.62 crore driven by domestic volume growth.

  • Sampann accelerating at 40-69% Jun 3

    Sampann segment grew 40-69% in recent quarters, driven by dry fruits and cold pressed oils, emerging as a key growth driver.

  • ₹10 per share dividend declared Jun 10

    Tata Consumer approved a dividend of ₹10 per share at its 63rd AGM held on June 10, 2026.

  • Capex rising 16% in FY27 Jun 11

    Tata Consumer Products plans to increase capital expenditure by 16% in FY27, signaling continued investment in operational growth.

  • Benign tea commodity outlook Jun 3

    Morgan Stanley expects tea commodity prices to remain benign with a balanced commodity basket, supporting margin prospects.

Neutral 3
  • Trading window closed for Q1FY26 Jun 22

    Tata Consumer closed its trading window from June 24, 2026, ahead of Q1FY26 results declaration.

  • ESG rating at 68/100 Jun 3

    ESG Risk Assessments assigned a Strong rating of 68/100 to Tata Consumer Products based on FY26 public data.

  • ₹34 crore block trade on NSE May 29

    Approximately 285,158 shares traded in a block deal at ₹1,196.10 per share, totaling ₹34.11 crore, likely institutional in nature.

TL;DR: Tata Consumer Products delivered strong Q4FY26 earnings with 21.6% profit growth and 18% revenue growth, backed by domestic volume momentum and Sampann's rapid expansion. Risks include near-term stock weakness and softer export-dependent growth businesses. Morgan Stanley's ₹1,351 target and a benign commodity outlook suggest the medium-term trajectory remains positive, contingent on growth businesses achieving their 30% targets.

Quarterly Results

  Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales
3,619
3,741
3,734
3,804
3,927
4,352
4,214
4,444
4,608
4,779
4,966
5,112
5,434
Expenses
3,107
3,196
3,197
3,232
3,297
3,685
3,588
3,879
3,987
4,172
4,294
4,391
4,641
Operating Profit
512
545
537
572
630
667
626
565
621
607
672
721
792
OPM %
14%
15%
14%
15%
16%
15%
15%
13%
13%
13%
14%
14%
15%
Other Income
49
53
75
-32
-177
22
19
45
102
41
38
10
55
Interest
28
26
28
33
43
94
99
58
40
34
33
32
38
Depreciation
83
82
94
86
116
148
149
150
153
149
153
159
165
PBT
450
489
491
422
294
448
397
402
530
465
523
540
644
Tax %
23%
27%
27%
25%
9%
30%
10%
25%
23%
26%
24%
25%
24%
Net Profit
290
338
364
302
212
289
367
282
349
332
407
385
424
EPS in Rs
2.78
3.28
3.51
2.89
2.19
2.93
3.68
2.82
3.49
3.38
4.09
3.89
4.24
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales
7,993
6,637
6,780
6,815
7,252
9,637
11,602
12,425
13,783
15,206
17,618
20,290
Expenses
7,201
6,271
5,988
5,976
6,466
8,345
10,058
10,707
11,927
12,922
15,139
17,499
Operating Profit
792
366
791
839
786
1,292
1,544
1,719
1,856
2,284
2,479
2,792
OPM %
10%
6%
12%
12%
11%
13%
13%
14%
13%
15%
14%
14%
Other Income
-77
38
88
73
124
-163
91
88
328
-81
188
145
Interest
82
117
92
43
52
78
69
73
87
130
290
137
Depreciation
133
117
126
116
123
242
255
278
304
377
601
627
PBT
500
170
662
753
735
809
1,311
1,456
1,794
1,696
1,777
2,173
Tax %
43%
118%
30%
25%
36%
34%
24%
26%
25%
23%
22%
25%
Net Profit
273
-37
455
556
457
460
930
1,015
1,320
1,215
1,287
1,547
EPS in Rs
3.86
-0.08
5.94
7.56
6.23
4.8
8.95
9.78
12.48
11.63
12.92
15.59
Div. Payout %
6%
-2572%
38%
30%
39%
54%
44%
60%
65%
64%
64%
64%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
62
63
63
63
63
92
92
92
93
95
99
99
Reserves
5,431
6,184
6,202
6,968
7,269
13,723
14,442
15,050
16,184
15,962
19,902
21,689
Borrowings
1,324
1,354
787
1,068
1,141
1,586
1,634
1,412
1,600
3,477
2,393
2,820
Other Liabilities
2,641
2,294
2,499
2,362
2,408
3,072
4,050
4,521
4,886
8,345
9,437
9,672
Total Liabilities
9,458
9,895
9,551
10,461
10,881
18,473
20,218
21,075
22,762
27,879
31,831
34,279
Fixed Assets
4,922
4,662
4,573
4,798
4,913
11,656
12,023
12,599
13,070
19,358
21,477
22,019
CWIP
47
39
63
135
424
95
113
247
295
190
218
481
Investments
622
1,366
1,451
1,161
1,188
1,323
806
797
1,433
871
969
1,443
Other Assets
3,867
3,828
3,465
4,366
4,355
5,399
7,276
7,431
7,965
7,461
9,167
10,336
Total Assets
9,458
9,895
9,551
10,461
10,881
18,473
20,218
21,075
22,762
27,879
31,831
34,279
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
418
116
741
356
210
1,082
1,656
1,516
1,461
1,937
2,057
2,422
Investing
-207
145
145
-31
53
-622
-346
-1,317
-834
-1,911
-2,303
-1,311
Financing
-392
-282
-816
-30
-224
-308
-426
-995
-714
256
453
-1,075
Net Cash Flow
-182
-21
70
294
39
152
884
-796
-87
281
206
35
Free Cash Flow
239
-30
609
6
-47
931
1,477
1,270
1,321
1,626
1,643
2,016
CFO/OP
74
96
120
78
48
94
114
102
100
102
102
107
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
28
33
32
35
34
35
24
25
21
22
18
21
Inventory Days
176
164
168
143
146
115
132
132
144
140
152
125
Days Payable
82
68
85
70
61
64
95
111
125
136
148
138
Cash Conversion Cycle
122
128
114
108
120
87
61
45
40
25
22
8
Working Capital Days
58
64
55
59
72
47
18
34
22
-35
0
-10
ROCE %
9%
4%
9%
9%
8%
9%
8%
9%
9%
11%
9%
9%

Shareholding Pattern

As of Mar 2026
Promoters 33.83%
DIIs 24.19%
FIIs 20.79%
Public 17.01%
Others 4.17%
Government 0.01%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Jan 2024Mar 2024Jun 2024Aug 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters
34.71%
34.71%
34.71%
34.72%
34.72%
34.72%
34.72%
34.45%
34.44%
34.45%
34.42%
34.42%
33.56%
33.55%
33.55%
33.84%
33.84%
33.84%
33.84%
33.84%
33.84%
33.84%
33.83%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
25.46%
24.12%
24.06%
24.35%
23.23%
21.54%
21.96%
22.06%
21.19%
20.79%
DIIs
11.97%
13.40%
12.79%
12.93%
13.23%
13.54%
14.58%
15.13%
15.86%
15.25%
16.03%
16.24%
16.03%
17.39%
18.73%
18.96%
18.77%
19.48%
21.95%
22.03%
22.20%
23.47%
24.19%
Government
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
0.01%
Public
21.77%
21.34%
21.22%
21.59%
21.65%
21.39%
20.38%
19.93%
19.92%
19.30%
18.98%
18.50%
19.21%
19.04%
19.00%
18.54%
18.50%
18.88%
18.27%
17.85%
17.58%
17.26%
17.01%
Others
31.54%
30.55%
31.27%
30.75%
30.40%
30.34%
30.30%
30.48%
29.76%
30.99%
30.57%
30.83%
31.20%
4.55%
4.58%
4.59%
4.52%
4.57%
4.39%
4.31%
4.31%
4.23%
4.17%
No. of Shareholders
5,81,949
6,10,274
6,61,210
7,53,019
8,00,704
8,03,609
8,08,781
8,00,749
8,19,034
7,78,710
7,75,405
7,48,375
8,73,056
8,87,335
9,12,690
8,93,313
8,91,271
9,63,475
9,20,960
8,75,784
8,54,766
8,24,162
8,04,698

Documents

1
Concall - Sep 2017 Sep 2017
2
Concall - Nov 2017 Nov 2017
3
Concall - Nov 2017 Nov 2017
4
Concall - Feb 2018 Feb 2018
5
Concall - May 2018 May 2018

Frequently Asked Questions about Tata Consumer Products Ltd

What does Tata Consumer Products Ltd do?
Tata Consumer Products Ltd. is part of Tata Group and is engaged in the food & brevages segment globally.[1]
Where is Tata Consumer Products Ltd (TATACONSUM) listed?
Tata Consumer Products Ltd is listed on the Indian stock exchanges. It is listed on NSE: TATACONSUM and BSE: 500800. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Tata Consumer Products Ltd belong to?
Tata Consumer Products Ltd operates in the Fast Moving Consumer Goods sector within the Agricultural Food & other Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Tata Consumer Products Ltd?
Tata Consumer Products Ltd has a market capitalisation of approximately ₹109494.59 Cr. Based on this, it is classified as a Large Cap stock.
What is the PE ratio of Tata Consumer Products Ltd?
The Price-to-Earnings (PE) ratio of Tata Consumer Products Ltd is 72.52. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Tata Consumer Products Ltd?
Over the past 52 weeks, Tata Consumer Products Ltd has traded between a low of ₹1,007.2 and a high of ₹1,282.7. This range helps investors understand the stock's price volatility and recent trading levels.
Does Tata Consumer Products Ltd pay dividends?
Yes, Tata Consumer Products Ltd has a dividend yield of 0.91%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Tata Consumer Products Ltd?
Tata Consumer Products Ltd has a Return on Equity (ROE) of 7.46%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Tata Consumer Products Ltd on Tapetide?
On Tapetide, you can view Tata Consumer Products Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Tata Consumer Products Ltd. is part of Tata Group and is engaged in the food & brevages segment globally.[1]

Website tataconsumer.com
CEO Mr. Sunil Alaric D'Souza
Employees 10,595
Listed 1994-11-09
Face Value ₹ 1
Issued Size 98,95,46,044

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