Tata Consumer Products Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for TATACONSUM, BSE:500800 Tata Consumer Products Ltd.

Tata Consumer Products Ltd.

07 May 2021

1172.40

-0.45%

Tata Consumer Products Limited

Results Update: Tata Consumer Products Ltd.

SMC online

The company reported an exceptional loss of Rs 63.93 crore during the quarter. It mainly represents the costs relating to the business restructure and re-organisation of Rs 18 crore and loss on disposal of an overseas subsidiary/joint venture of Rs 46 crore. Net sales soared 26.28% (24% in constant currency) to Rs 3,037.22 crore in Q4 FY21 from Rs 2,405.03 crore in Q4 FY20, mainly driven by strong volume and value growth in the India Food & Beverage business. Tata Consumer Products' consolidated net profit stood at Rs 133.34 crore in Q4 FY21 compared with net loss of Rs 50.21 crore in Q4 FY20. Profit before exceptional items and tax at Rs 262 crore in Q4 FY21 is higher by 6%, as compared...

Number of FII/FPI investors decreased from 1010 to 1004 in Sep 2025 qtr

Tata Consumer Products Ltd.

08 Feb 2021

1172.40

-0.45%

TATA CONSUMER PRODUCTS LIMITED

Buy: Tata Consumer Products Ltd.

Recommendation Target

Geojit BNP Paribas

Tata Consumer Products (previously known as Tata Global Beverages Limited -TGBL) is an Indian multinational non-alcoholic beverages company and a subsidiary of Tata group. TGBL markets under the major brands like...

Tata Consumer Products Ltd. is trading above all available SMAs

Tata Consumer Products Ltd.

03 Feb 2021

1172.40

-0.45%

Gross margin contraction weighs on EBITDA

Buy: Tata Consumer Products Ltd.

Target

Motilal Oswal

Higher tea price impacted standalone gross margin by 840bp YoY to 30%. The consolidated EBITDA margin was impacted by 100bp YoY to 11.8%. Consolidated EBITDA grew 14% YoY on the back of 23% revenue growth. Performance across business segments has improved (Tata Coffee standalone and overseas operations and overseas Tea). India Food and Beverage business showed double-digit volume growth. Factoring in its performance in 3QFY21, we decrease our FY21E EBITDA/adjusted PAT estimates by 6%/2%, but maintain our FY22E/FY23E...

Number of FII/FPI investors decreased from 1010 to 1004 in Sep 2025 qtr

Tata Consumer Products Ltd.

12 Nov 2020

1172.40

-0.45%

TATA CONSUMER PRODUCTS LIMITED

Accumulate: Tata Consumer Products Ltd.

Target

Geojit BNP Paribas

Tata Consumer Produc.. has an average target of 1240.57 from 7 brokers.

Tata Consumer Products Ltd.

08 Nov 2020

1172.40

-0.45%

Tata Consumer Products

Buy: Tata Consumer Products Ltd.

Target

ICICI Securities Limited

With the merger of the food business, TCPL's product portfolio has presence of high growing categories like pulses, spices supported by consumption shift from loose to packaged food. Moreover, tailwinds of at-home consumption would further aid growth. We expect revenues & earnings CAGR of 9.6% & 29.5%, respectively, in FY20-23E. We value TCPL at 40x...

Tata Consumer Produc.. has an average target of 1240.57 from 7 brokers.

Tata Consumer Products Ltd.

07 Nov 2020

1172.40

-0.45%

Food biz on right track; New product launches remain key

Buy: Tata Consumer Products Ltd.

Target

Motilal Oswal

Tata Consumer Products' (TCP) 2QFY21 results were robust, mainly led by improvement in standalone (S/A) and overseas tea performance. S/A EBITDA grew 25% YoY due to operating leverage and cost savings initiatives. Overseas tea reported 81% EBITDA growth due to low commodity cost and operating leverage. Overall performance of the company was partly...

Tata Consumer Products Ltd. is trading above all available SMAs

Tata Consumer Products Ltd.

06 Nov 2020

1172.40

-0.45%

TATA Cons. Prod

Buy: Tata Consumer Products Ltd.

Target

Sharekhan

Q2FY2021 was a mixed bag, as revenues grew by ~19%, but gross margins declined by 269 bps, in turn limiting rise in OPM to 97 bps to 14.4%; operating profit grew 27%. The India beverages grew by 32%; India foods revenues rose 13%; Tata Coffee (including Vietnam) grew by 17%, while international tea business' growth moderated to single digits as effect of pantry loading faded. Market share gains in domestic branded tea and salt, doubling of distribution reach, better penetration of packaged foods portfolio and new launches remain key growth levers in the near term. A significant increase in domestic tea prices will stress margins...

Number of FII/FPI investors decreased from 1010 to 1004 in Sep 2025 qtr

Tata Consumer Products Ltd.

23 Jul 2020

1172.40

-0.45%

TATA Cons. Prod

Buy: Tata Consumer Products Ltd.

Sharekhan

Initiating coverage on Tata Consumer Products Limited (TCPL) earlier named Tata Global Beverages with a Buy rating and PT of Rs. 484. TCPL will become strong play with integration of Tata Chemicals' consumer business; share of consistently-performing India business in revenue to rise to 61% from 48%, margins too can rise 60-80 bps in the near term. Appointment of consumer expert Mr. Sunil D'Souza as MD & CEO improves earnings visibility; consolidated revenue and earnings (including TCL's consumer business) to clock CAGR of 10% and 20% over FY2020-23E....

Number of FII/FPI investors decreased from 1010 to 1004 in Sep 2025 qtr

Tata Consumer Products Ltd.

18 Jun 2020

1172.40

-0.45%

Tata Consumer - Takeaways from conversation with CEO

Buy: Tata Consumer Products Ltd.

Target

Motilal Oswal

He believes that TCP is well positioned to ride Indias INR30t consumption wave as it has renewed its focus on the consumer products space due to having (a) a portfolio of market leading and high growth potential brands, (b) deep understanding of consumers, (c) wide distribution network of over 2.5m retail outlets, and (d) the legacy of the Tata group. According to Mr. DSouza, TCP is targeting to realize cost synergies of INR600-700m and the company is well on Additionally, with the combined scale (Tata Chemicals and TCP), he believes the company would drive efficiencies including superior terms of trade with channel partners, supply chain opportunities and proficiency in areas such as marketing and packaging. Currently, the company has two strong legs in the India business targeting double-digit growth, driven by cross-selling between Tata Chemicals and TCPs distribution channel.

Number of FII/FPI investors decreased from 1010 to 1004 in Sep 2025 qtr

Tata Consumer Products Ltd.

15 May 2020

1172.40

-0.45%

Tata Consumer Products

Buy: Tata Consumer Products Ltd.

Target

ICICI Securities Limited

With the merger process completed, Tata Consumer Products (TCPL) reported its first quarter of consolidated numbers. Revenue growth of 35% included merged foods business sales of | 524 crore. On a comparable basis, revenue growth was 6% led by 3% volume growth. The company has not seen any substantial negative impact of lockdowns given tea & salt categories are part of essentials. International tea business & US coffee business grew 8% (3% volume growth) & 15% (entirely volume), respectively, due to stocking up by consumers. Operating margins...

Tata Consumer Produc.. has an average target of 1240.57 from 7 brokers.

Is Tata Global Beverages Ltd. worth buying?

732 Votes:

Buy 80.05%

Sell 12.57%

Hold 7.38%

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