NSE: TATACONSUM · BSE: 500800 · ISIN INE192A01025
TATA CONSUMER PRODUCTS LIMITED stock analysis
TATA CONSUMER PRODUCTS LIMITED ranks #1850 in the TickerSutra evidence-ranked universe with a score of 50/100 and 95% data confidence. The latest captured fundamentals show ROCE of 9.2%, quarterly sales growth of 11.9% and quarterly profit growth of 27.8%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Low debt/equity of 0.13×
- Strong CFO/EBITDA of 0.87×
- Institutional ownership is rising
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Valuation is above 40× earnings
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹12,425cr | ₹1,719cr | ₹1,015cr | 14.0% |
| 2023 | ₹13,783cr | ₹1,856cr | ₹1,320cr | 13.0% |
| 2024 | ₹15,206cr | ₹2,284cr | ₹1,215cr | 15.0% |
| 2025 | ₹17,618cr | ₹2,479cr | ₹1,287cr | 14.0% |
| 2026 | ₹20,290cr | ₹2,792cr | ₹1,547cr | 14.0% |
| TTM | ₹20,860cr | ₹2,909cr | ₹1,642cr | 14.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
MANAGEMENT COMMENTARY
Signals from filed documents
We’ve broadly done better or gained in market share in relative terms over the last couple of years. And this quarter also we do feel from the numbers that we have from the big retailers as well as from the quick commerce players, we do think we’ve gained market share. Overall, even in our portfolio, our mass premium and premium range has done better than the bottom end of the portfolio, which has again increased mar
India Business delivered 14% revenue growth. Our Core portfolio (primarily Tea and Salt) grew by 9% led by volume aided by increased distribution and the benefit of price increases implemented during the second half of FY25 to offset higher input costs. Tea business continued its recovery and normalised in the second half of the year.
So, it’s growth plus incremental margin, so that’s one piece. The second piece is the most critical piece is operating leverage, right? So, this -- you’re not seeing it this quarter in the P&L for a very simple fact that there is lot of noise with the inflation on packaging, inflation on freight, fuel, forex movements, etc etera.
Cyclical movement in coffee commodity markets impacts our business. A decline in the coffee terminal prices results in lower realizations for our Coffee Plantation business in India. The US branded coffee operations get adversely impacted by the increase in the coffee terminal prices.
In tea, teapigs continued to outperform the fruit and herbals tea categories and continues to build its position as one of the fastest-growing premium tea brands in the US market. 9% International revenue growth (constant currency) Eight O’Clock Caramel and Iced K-Cups expanded the pod portfolio into new consumption occasions. Eight O’Clock Blueberry Waffle Ground Coffee strengthened flavour-led differentiation withi
Eight O’Clock Coffee continued to gain market share in both bagged coffee and K-Cups for multiple consecutive quarters, while Tetley continued to retain market leadership in Canada. Tata Consumer Products Limited 221 Sustainability Governance and stewardship Statutory reports Financial statements Outlook While macro uncertainties persist, we continue to focus on strengthening our positions through premiumisation, inn
You’re absolutely right in terms of the gross margins for tea and salt, 33% to 35%, 36% is the range and therefore there won’t be a substantial move on that. Tata Consumer Products Limited July 24, 2026 Page 13 of 15 The moves will be A, the mix of the higher margin Capital Foods, Organic India growing, number one. Number two, the water business continuing to improve margins as we improve utilization and throughputs,
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26 Crores, lower by 23% year-on-year. The decline was primarily due to lower margins, partly offset by the increase in volumes. JOINT VENTURE Tata Starbucks Private Limited, India (‘TSPL’): TSPL reported revenue from operations of Rs.
The Company has entered into Memorandum of Understanding with many external Companies and Institutes under Confidentiality agreements to work further on various collaborative projects and assignments. Focus of the Company on science and technology-based projects has been augmented to create disruptive and niche products that cater to consumer needs. R&D Team continues to explore Open Innovation and Technology absorpt
We grew these businesses domestically, while continuing to find alternative routes to service our international customers. We are confident of driving stronger growth going ahead through our new Go-To-Market strategy and Innovation efforts. Our cost management and pricing decisions are influenced by volatility in agricultural commodities such as tea and coffee, which can impact gross margins and 212 Integrated Annual
Eight O’Clock Coffee continued to gain market share in bagged coffee and K-Cups, reflecting stronger brand performance and execution. UK During the year, the UK business declined by -1% in constant currency, led by volume decline on account of demand softness. The UK business achieved the ~₹1,500 crore revenue milestone.
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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