TATACONSUMFast Moving Consumer Goods

TATA CONSUMER PRODUCTS LIMITED

Tea & Coffee · ISIN INE192A01025 · BSE 500800 · NSE EQ · FV ₹1
Last price
₹1,014
+1.36%today
What this company does

TATA CONSUMER PRODUCTS LIMITED operates in Tea & Coffee, part of the Fast Moving Consumer Goods sector. It booked ₹5,349 cr of revenue in its latest quarter (Q1 FY27) and kept 8.0% of sales as profit. It is the largest of 9 Tea & Coffee companies we track, by market value.

Their stated vision

is to improve access to healthy, natural and safe food for our consumers Consumers Communities through our portfolio of great- Contribution to UNSDGs tasting products designed to enhance health and well-being.

In the report:
58out of 100
Equitytale Health Score
Mixed

Healthier than 58% of companies in Fast Moving Consumer Goods, on all six measures of filed financials. Each measure is ranked against the 89–149 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
43

At close. Not part of the score.

Profitability & returns41

How much profit it earns on the money it employs

Balance sheet69

How much it owes, and whether earnings cover the interest

Cash quality81

Whether reported profit actually arrives as cash

Growth & consistency71

Whether sales and profit have grown, and how steadily

Valuation22

What today's price implies, against our models or its peers

Governance & risk86

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 12% vs last year
Profit up 28% vs last year
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
! Thin 8.0% net margin
! Low 7.8% return on equity

What if I invest in TATACONSUM?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 13% a year, it would become
₹23.63 lakh

The slider starts at 13%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,014 +1.36%
latest close · 2026-09-17
1-year return
+18.8%
52-wk low ₹65052-wk high ₹1,123
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio58.8High
LowAverageHigh
P/B ratio4.60High
Below bookModerateHigh
EV / EBITDA31.2High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity7.8%Weak
WeakFairStrong ▸15%
Return on capital9.1%Fair
WeakFairStrong
Net margin8.0%Decent
ThinDecentStrong
EBITDA margin14.9%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.09Comfortable
LowModerateHigh ▸1
Interest cover16.1×Strong
RiskyOkayStrong ▸5×
Current ratio1.57Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹1.00 L cr
Book value
₹220
EPS
₹4.31
latest quarter
Net debt
₹-926 cr
more cash than debt
Enterprise value
₹99,389 cr
EBITDA
₹3,184 cr
annualised
EBIT
₹2,525 cr
annualised
Operating margin
11.8%
Return on assets
5.0%
Earnings yield
1.70%
P/S
4.69
Sales / share
₹216.2
Tax rate
24.9%
Face value
₹1
Shares
99.0 cr
Working capital
₹3,739 cr
Current assets
₹10,317 cr
Current liabilities
₹6,579 cr
Delivery %
62.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹244₹457, midpoint ₹350

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹5,349 cr
Other Income₹72 cr
Total Income₹5,421 cr
Cost of Materials₹2,085 cr
Purchases of Stock-in-Trade₹1,167 cr
Inventory Change (±)₹-185 cr
Employee Benefit Expense₹446 cr
Finance Costs₹39 cr
Depreciation & Amortisation₹165 cr
Other Expenses₹1,112 cr
Total Expenses₹4,829 cr
Profit before Tax₹592 cr
Tax Expense₹147 cr
Share of JV / Associates₹-18 cr
Net Profit₹427 cr
Net margin on total income7.9%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹3,067 cr56.8%
Employee benefit expense₹446 cr8.3%
Finance costs₹39 cr0.7%
Depreciation & amortisation₹165 cr3.0%
Other expenses₹1,112 cr20.6%
Tax expense₹147 cr2.7%
Profit for the period₹427 cr7.9%
Total income ₹5,421 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue5,112 cr5,434 cr5,349 cr
Total income5,145 cr5,486 cr5,421 cr
Expenses4,582 cr4,845 cr4,829 cr
Profit before tax540 cr644 cr592 cr
Tax137 cr153 cr147 cr
Net profit (owners' share)385 cr419 cr427 cr
Net margin (owners' share, on revenue)7.5%7.7%8.0%
EPS (₹)3.884.244.31
YoY (latest quarter): total income +12.5% · net profit +27.8%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹34,453 cr
Shareholder equity
₹21,788 cr
parent shareholders
Total debt
₹2,120 cr
Cash
₹3,047 cr
Cash flow · H1 FY26
Operating
₹203 cr
Investing
₹-525 cr
Financing
₹-499 cr
Peer comparison
Tea & Coffee · by market value
CompanyPriceMarket capP/E
TATA CONSUMER PRODUCTS LIMITEDthis company₹1,014₹1.00 L cr58.8
CCL Products (India) Limited₹1,062₹14,185 cr30.3
Vintage Coffee And Beverages Limited₹176₹2,564 cr30.8
Mcleod Russel India Limited₹42₹441 cr
Jayshree Tea & Industries Limited₹90₹259 cr
Gillanders Arbuthnot & Company Limited₹104₹222 cr22.0
Rossell India Limited₹54₹205 cr21.2
Dhunseri Tea & Industries Limited₹139₹146 cr8.1
Ganges Securities Limited₹113₹113 cr23.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.99%
trailing 12 months
Dividend / share (TTM)
₹10
Last dividend
₹10
ex 25 May 2026
ActionDetailEx-date
Dividend₹10 / share25 May 2026
Dividend₹8.25 / share29 May 2025
Rights issue26:126 Jul 2024
Dividend₹7.75 / share24 May 2024
Dividend₹8.45 / share19 May 2023
Dividend₹6.05 / share9 Jun 2022
Who owns it · 2026-06-30
No pledge
Promoter
33.8%
FII / Foreign
20.1%
DII / Domestic
25.0%
Retail / others
21.1%
Promoter stake up 0.3% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtTarun Varma · Designated Person8,819 · ₹95.4 L13 Aug 26
BoughtSivakumar Sivasankaran · KMP3,480 · ₹38.5 L9 Aug 26
BoughtGharry Eccles · Designated Person25,664 · ₹2.9 cr7 Aug 26
Bulk / block deals
short · NSE7210 Sep 26
short · NSE5027 Aug 26
short · NSE3,30026 Aug 26
Stake changes
BoughtLife Insurance Corporation of India→ 8.65% · 1.99 cr23 Oct 25
BoughtTata Sons Private Ltd · promoter→ 28.69% · 1.33 cr27 Aug 24
SoldMitsubishi UFJ Financial Group (MUFG)→ 2.85% · 1.94 cr1 Feb 24
Promoter pledges
ReleasedCentbank Financial Services Ltd38.33 L · 0.41% held23 Nov 23
ReleasedCentbank Financial Services Ltd48.39 L · 0.94% held25 Mar 21
ReleasedCentbank Financial Services Limited28.28 L · 1.82% held1 Jun 18
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 23 Oct 2025
See the official result
1
Approval for Material Related Party Transactions with Capital Foods Private Limited
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
37.98 cr votes for, 43,967 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 364 named members
owning 33.8% between them · as of 2026-06-30
Tata Sons Private Limited28.68%
Tata Investment Corporation Limited4.65%
Ewart Investments Limited0.39%
Tata Industries Limited0.09%
VOLTAS LIMITED0.02%
3-101-951221 SOCIEDAD ANONIMAno shares
915 Labs Incno shares
Actve Digital Services Private Limitedno shares
Business done with them
FY2026 · 7 of the group
The company paid ₹376 cr to companies in the promoter group last year — about 1.9% of its ₹20,290 cr revenue and received ₹346 cr back from them.
Tata Sons Private Limited
Other payments to them · Other expenses, re imbursement of expenses
also owns 28.68% of the company
₹289 cr
company paid
Innovative Retail Concepts Private Limited
Sold goods to them · Sale of Goods and Services
₹255 cr
company received
SUPERMARKET GROCERY SUPPLIES PRIVATE LIMITED
Sold goods to them · Sale of Goods and Services
₹79 cr
company received
Tata Consultancy Services Limited
Other payments to them · Other expenses (Net)
₹43 cr
company paid
Tata Investment Corporation Limited
Other payments to them · Dividend paid and Dividend/Interest Received
also owns 4.65% of the company
₹38 cr
company paid
Tata Sons Private Limited
Other income from them · Other expenses, re imbursement of expenses
also owns 28.68% of the company
₹11 cr
company received
Tata Uganda Ltd.
Bought goods from them · Purchase of Goods & Services
₹6 cr
company paid
Tata 1MG Healthcare Solutions Private Limited
Bought goods from them · Purchase of Goods & Services
₹67 L
company paid
Tata Investment Corporation Limited
Other income from them · Dividend paid and Dividend/Interest Received
also owns 4.65% of the company
₹40 L
company received

The company also transacted with 7 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹2,998 cr raised in Aug 2024 by offering new shares to existing shareholders

As of Mar 2025, the company says it has spent 100% of what it set aside. CARE Ratings Limited watches the spending on the exchange’s behalf.

Repayment in full or buyback of the commercial papers issued/refinanced by our Company for financing the acquisitions of the Acquired Companies
100%
₹2,940 cr of ₹2,940 cr
General corporate purposes
originally ₹37 cr
budget changed
100%
₹51 cr of ₹51 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.