StrengthTalking point
Compounding revenue
Revenue compounded at 13.0% a year over 4 years (₹12,425 → ₹20,290).
Importance 54 / 95 · growth
TATA CONSUMER PRODUCTS LIMITED · Research view
TATA CONSUMER PRODUCTS LIMITED
NSE: TATACONSUMBSE: 500800ISIN INE192A01025Face value ₹1standalone
₹949
−1.86% · 2026-10-01 · 52-wk ₹949–₹1,271
Financials to FY2026 · 5 years of history · prices to 2026-10-01consolidatedstandalone
Section 02 · Synthesis
What stands out?
The strongest observations the engine found, ranked. Every line is generated from the filed numbers by a fixed rule — no opinion, no estimate.
StrengthConcernWatchContext
Concern
Less profitable than peers
ROE of 6.9% is below the agricultural food and other products median of 14.8%.
Importance 53 / 95 · profitability
Strength
Earnings consistently backed by cash
Operating cash flow has matched or exceeded reported profit in 5 of the last 5 profit-making years (latest 1.57×).
Importance 50 / 95 · cash quality
Section 03 · The company
Who is this company?
Classified by the exchange under Fast Moving Consumer Goods › Fast Moving Consumer Goods › Agricultural Food & other Products › Tea & Coffee.
- Market cap
- ₹93,913 cr
- FY2026 revenue
- ₹14,700 cr
- FY2026 net profit
- ₹1,635 cr
- Net worth
- ₹17,805 cr
- Total debt
- ₹274 cr
- EPS (basic)
- ₹16.52
- Listed
- NSE · BSE
- Reporting
- Ind-ASApr–Mar
Peer set used on this page: 3 agricultural food & other products.
Section 04 · Business performance
Is the business growing?
RevenueNet profit
Strength
Revenue compounded at 13.0% a year over 4 years (₹12,425 → ₹20,290).
Rule REVENUE_CAGR_STRONG
- Revenue growth per year
- +16.7%over 4 years
- Revenue growth
- +14.8%vs last year
- Net profit growth
- +30.3%vs last year
- Change in net profit since FY22
- +85%
Net profit grew 20.2% year on year (FY2025 → FY2026).
Revenue grew 15.2% year on year (FY2025 → FY2026).
Section 05 · Recent activity
What changed recently?
Quarterly results, the trailing-twelve-months snapshot, and verified corporate actions — kept separate from each other and from the annual story above. Every figure traces to a filed number; nothing here is external news or commentary.
Strength
Q1 FY27 net profit was ₹427 cr, up 28.8% from ₹332 cr a year earlier.
Rule QTR_PROFIT_GROWTH_YOY
Strength
Q1 FY27 EBIT was ₹631 cr, up 26.5% from ₹499 cr a year earlier.
Rule QTR_OPERATING_PERFORMANCE_CHANGE_YOY
Strength
Q1 FY27 revenue was ₹5,349 cr, up 11.9% from ₹4,779 cr in Q1 FY26 a year earlier.
Rule QTR_REVENUE_GROWTH_YOY
A. Quarterly results
RevenueNet profit
| Quarter | Revenue | YoY | Net profit | YoY | Net margin |
|---|---|---|---|---|---|
| Q2 FY25 | 4,214 | — | 367 | — | 8.7% |
| Q3 FY25 | 4,444 | +16.8% | 282 | −6.5% | 6.3% |
| Q4 FY25 | 4,608 | +17.3% | 349 | +64.3% | 7.6% |
| Q1 FY26 | 4,779 | +9.8% | 332 | +14.7% | 6.9% |
| Q2 FY26 | 4,966 | +17.8% | 407 | +10.7% | 8.2% |
| Q3 FY26 | 5,112 | +15.0% | 385 | +36.4% | 7.5% |
| Q4 FY26 | 5,434 | +17.9% | 424 | +21.6% | 7.8% |
| Q1 FY27 | 5,349 | +11.9% | 427 | +28.8% | 8.0% |
B. TTM snapshot
Trailing twelve months to 30 Jun 2026 · sum of the last 4 contiguous quarters
- Revenue
- ₹20,860 crTTM
- EBITDA
- ₹3,105 crTTM
- EBIT
- ₹2,462 crTTM
- PBT
- ₹2,300 crTTM
- Net profit
- ₹1,642 crTTM
C. Corporate actions
25 May 2026DividendDividend - Rs. - 10.0000 — ₹10.00/share
29 May 2025DividendDividend - Rs. - 8.2500 — ₹8.25/share
26 Jul 2024Rights issueRight Issue of Equity Shares
24 May 2024DividendFinal Dividend - Rs. - 7.7500 — ₹7.75/share
19 May 2023DividendFinal Dividend - Rs. - 8.4500 — ₹8.45/share
9 Jun 2022DividendFinal Dividend - Rs. - 6.0500 — ₹6.05/share
10 Jun 2021DividendFinal Dividend - Rs. - 4.0500 — ₹4.05/share
18 Jun 2020DividendFinal Dividend - Rs. - 2.7000 — ₹2.70/share
24 May 2019DividendFinal Dividend - Rs. - 2.5000 — ₹2.50/share
20 Jun 2018DividendDividend - Rs. - 2.5000 — ₹2.50/share
4 Aug 2017DividendDividend - Rs. - 2.3500 — ₹2.35/share
8 Aug 2016DividendDividend - Rs. - 2.2500 — ₹2.25/share
30 Jul 2015DividendDividend - Rs. - 2.2500 — ₹2.25/share
5 Aug 2014DividendDividend - Rs. - 2.2500 — ₹2.25/share
27 Jun 2013DividendDividend - Rs. - 2.1500 — ₹2.15/share
9 Aug 2012DividendDividend - Rs. - 2.1500 — ₹2.15/share
10 Aug 2011DividendDividend - Rs. - 2.0000 — ₹2.00/share
5 Aug 2010DividendDividend - Rs. - 2.0000 — ₹2.00/share
30 Jun 2010Stock splitStock Split From Rs.10/- to Rs.1/- — 10:1
13 Aug 2009DividendDividend - Rs. - 17.5000 — ₹17.50/share
1 Aug 2008DividendDividend - Rs. - 35.0000 — ₹35.00/share
23 Jul 2007DividendDividend - Rs. - 15.0000 — ₹15.00/share
17 Aug 2001DividendDividend - Rs. - 9.0000 — ₹9.00/share
Section 06 · Business performance
Is it becoming more profitable?
EBITDA marginNet margin
Concern
ROE of 6.9% is below the agricultural food and other products median of 14.8%.
Rule ROE_BELOW_PEER_MEDIAN
- EBITDA margin now
- 16.2%
- 5-year range
- 14.6–18.1%
- ROE FY2026
- 9.4%
- ROCE FY2026
- 12.2%
Section 07 · Financial health
Is financial health improving?
Net worth (shareholders' funds)
Strength
Operating cash flow has matched or exceeded reported profit in 5 of the last 5 profit-making years (latest 1.57×).
Rule CFO_CONSISTENTLY_EXCEEDS_PAT
Operating cash flowNet profit
- Total debt
- ₹274 cr
- Operating cash flow ÷ net profit
- 0.89×FY2026
- Free cash flow
- ₹1,348 cr
- Current ratio
- 1.40×
Free cash flow has been positive in 5 of the last 5 years.
Section 08 · Relative position
How does it compare with peers?
Ranked against 3 agricultural food & other products (FY2026, consolidated). No peer-relative rule fired for this company.
Revenue growth
TATACONSUM · 3rd of 3 · set median 17.6%
EBITDA margin
TATACONSUM · 2nd of 3 · set median 14.6%
Return on equity
TATACONSUM · 3rd of 3 · set median 14.8%
P/E ratio
TATACONSUM · 3rd of 3 · set median 52.0×
- P / E
- 57.2×TTM to Jun 26
- P / B
- 4.0×latest book
- P / S
- 4.5×TTM sales
- Earnings yield
- 1.7%TTM to Jun 26
On the trailing twelve months. Last full year: P/E 60.7× · P/S 4.6× · ROE 6.9%.
Section 09 · The stock
How has the stock performed?
Context
Over 4 years profit compounded at 11.1% a year while the stock returned 2.7% a year — the FY2022 base was somewhat depressed, so part of this is recovery rather than trend.
Rule STOCK_LAGGED_EARNINGS · rebound
- 1-year return
- −17.1%
- 3-year return
- +8.2%
- 5-year return
- +18.4%
- From 52-wk high
- −25.3%
Section 10 · Technical data
What does the technical data say?
Price-action indicators as of 2026-10-01. Secondary to the fundamentals above — included for timing context, not as a signal.
- vs 50-day avg
- Below₹1,047
- vs 200-day avg
- Below₹1,116
- RSI (14)
- 29.2oversold
- MACD histogram
- -2.7
- From 52-wk high
- −25.3%
- From 52-wk low
- 0.0%
- 30-day volatility
- 16.5%ann.
- 6-month return
- −9.9%
Section 11 · Open questions
What should I investigate further?
Observations the engine tagged watch or deteriorating — prompts for your own research, not conclusions.
- ConcernLess profitable than peersROE of 6.9% is below the agricultural food and other products median of 14.8%.ROE_BELOW_PEER_MEDIAN · conviction 53
- The price-adjusted series does not correct for a rights issue (ex-date 2024-07-26) — BSE's corporate-actions feed does not carry the subscription price or ratio a rights adjustment needs, unlike splits and bonuses, which are corrected. Returns spanning that date may be modestly overstated or understated.
Section 12 · Reference
The numbers
The full statements, kept deliberately secondary. Every figure traces to a BSE Integrated Filing (inline XBRL); ratios are recomputed from the normalised facts.
| Metric | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 7,932 | 8,539 | 9,998 | 12,802 | 14,700 |
| Total income | 8,171 | 8,698 | 10,218 | 13,259 | 15,249 |
| EBITDA | 1,350 | 1,482 | 1,810 | 1,866 | 2,383 |
| Profit before tax | 1,151 | 1,267 | 1,352 | 1,503 | 2,047 |
| Net profit | 886 | 950 | 981 | 1,255 | 1,635 |
| EPS (₹) | 9.6 | 10.3 | 10.3 | 12.8 | 16.5 |
| Net worth | 11,762 | 12,753 | 13,607 | 17,010 | 17,805 |
| Total debt | 0 | 40 | 1,444 | 166 | 274 |
| Operating cash flow | 1,158 | 1,019 | 1,454 | 1,274 | 1,451 |
| Free cash flow | 1,069 | 937 | 1,358 | 1,164 | 1,348 |
| Ratio | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth YoY | — | 7.6 | 17.1 | 28.0 | 14.8 |
| Profit growth YoY | — | 7.3 | 3.2 | 28.0 | 30.3 |
| Profitability | |||||
| EBITDA margin % | 17.0 | 17.4 | 18.1 | 14.6 | 16.2 |
| Net margin % | 10.8 | 10.9 | 9.6 | 9.5 | 10.7 |
| Return on equity % | 7.5 | 7.8 | 7.4 | 8.2 | 9.4 |
| Return on capital % | 10.3 | 10.9 | 11.7 | 10.2 | 12.2 |
| Leverage & cash | |||||
| Debt to equity | 0.00 | 0.00 | 0.11 | 0.01 | 0.02 |
| Cash flow ÷ profit | 1.31 | 1.07 | 1.48 | 1.02 | 0.89 |
| Current ratio | 2.56 | 2.43 | 0.83 | 1.28 | 1.40 |