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14 Mar 2025 |
Tata Consumer
|
Consensus Share Price Target
|
946.10 |
1141.54 |
- |
20.66 |
buy
|
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11 Mar 2025
|
Tata Consumer
|
Geojit BNP Paribas
|
946.10
|
1067.00
|
959.85
(-1.43%)
|
12.78 |
Buy
|
|
|
|
|
03 Feb 2025
|
Tata Consumer
|
Sharekhan
|
946.10
|
1234.00
|
1036.30
(-8.70%)
|
30.43 |
Buy
|
|
|
TCPL’s Q3FY25 numbers are not exactly comparable on y-o-y basis due to consolidation of acquired businesses - Capital Foods and Organic India. TCPL’s Q3FY25 performance was impacted by sharp increase in the tea prices (up by 20-40%) which led to 234 bps y-o-y decline in the consolidated OPM to 12.7%.
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01 Feb 2025
|
Tata Consumer
|
KRChoksey
|
946.10
|
1120.00
|
1069.85
(-11.57%)
|
18.38 |
Accumulate
|
|
|
? For Q3FY25, the revenue increased 16.8% YoY (+5.4% QoQ) to INR 44,436 Mn, beating our estimates by 2.1%. ? EBITDA declined by 1.3% YoY (-9.8% QoQ) to INR 5,647 Mn, missing our estimate mainly due to higher than estimated operating expenses. EBITDA margin contracted by 234bps YoY (-215bps QoQ) to 12.7%, missing our estimate by 184bps.
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31 Jan 2025
|
Tata Consumer
|
BOB Capital Markets Ltd.
|
946.10
|
1175.00
|
1024.65
(-7.67%)
|
24.19 |
Buy
|
|
|
Tea inflation recovery prospects have improved as higher pricing has come through earlier than expected
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20 Dec 2024
|
Tata Consumer
|
Ventura
|
946.10
|
679.00
|
889.45
(6.37%)
|
28.23 |
Sell
|
|
|
Richly valued, even conside ring an optimistic outlook
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24 Oct 2024
|
Tata Consumer
|
BOB Capital Markets Ltd.
|
946.10
|
1311.00
|
996.45
(-5.05%)
|
38.57 |
Buy
|
|
|
Tata Consumer share price corrected ~7% post 2QFY25 result on Tea inflation and sales challenges in NourishCo. Correction is overdone
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21 Oct 2024
|
Tata Consumer
|
KRChoksey
|
946.10
|
1136.00
|
1017.05
(-6.98%)
|
20.07 |
Accumulate
|
|
|
In Q2FY25 TATACONS’S India Foods, International, and non-branded segments showed healthy performance, while India Beverages faced a weaker quarter. Elevated tea prices prompted staggered price increases in the Indian tea business.
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20 Oct 2024
|
Tata Consumer
|
Motilal Oswal
|
946.10
|
1320.00
|
1093.25
(-13.46%)
|
39.52 |
Buy
|
|
|
Tata Consumer Products (TATACONS) reported 8% YoY EBIT growth in 2QFY25 on the back of a strong performance in its international branded beverage segment (EBIT up 74% YoY) and non-branded business (EBIT up 86% YoY).
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19 Oct 2024
|
Tata Consumer
|
BOB Capital Markets Ltd.
|
946.10
|
1311.00
|
1093.25
(-13.46%)
|
38.57 |
Hold
|
|
|
Compared to consensus, sales came in 3% lower while EBITDA was in line
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|
18 Oct 2024
|
Tata Consumer
|
Sharekhan
|
946.10
|
1315.00
|
1093.25
(-13.46%)
|
38.99 |
Buy
|
|
|
Tata Consumer Product Ltd’s (TCPL’s) Q2FY2025 performance was broadly in line with expectations with revenues growing by ~13% y-o-y (organic growth at 5%) and OPM rising ~50 bps y-o-y to 14.9%.
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16 Sep 2024
|
Tata Consumer
|
BOB Capital Markets Ltd.
|
946.10
|
|
1218.50
(-22.36%)
|
|
|
|
|
Medium- to long-term growth prospects remain intact with TCPL targeting double-digit topline growth driven by growth businesses
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10 Sep 2024
|
Tata Consumer
|
ICICI Securities Limited
|
946.10
|
1385.00
|
1204.15
(-21.43%)
|
46.39 |
Buy
|
|
|
Our analysis of Tata Starbucks financials over FY14-24 indicate It had revenue CAGR of 29% over FY14-24 and store count CAGR of 26%. The revenue/store has remained flat at ~INR 35mn.
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12 Aug 2024
|
Tata Consumer
|
KRChoksey
|
946.10
|
1310.00
|
1170.80
(-19.19%)
|
38.46 |
Accumulate
|
|
|
Q1FY25 consolidated revenue stood at INR 43,521 Mn, which grew by 16.3% YoY/ +10.8% QoQ, (in line with estimates). EBITDA grew to INR 6,674 Mn, up 22.4% YoY/ (+6.0% QoQ), missing our estimates by 2.1%. EBITDA margin stood at 15.3% (+77 bps YoY/ -70 bps QoQ) was lower than our estimates, due to higher-than-expected operating expenses such as other expenses.
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31 Jul 2024
|
Tata Consumer
|
BOB Capital Markets Ltd.
|
946.10
|
1402.00
|
1188.95
(-20.43%)
|
48.19 |
Buy
|
|
|
TATACONS reported sales and EBITDA beat on improved margins in the unbranded business and MA
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30 Jul 2024
|
Tata Consumer
|
Motilal Oswal
|
946.10
|
1380.00
|
1194.90
(-20.82%)
|
45.86 |
Buy
|
|
|
Tata Consumer Products (TATACONS) reported a healthy operating performance in 1QFY25. EBIT growth of 12% YoY was led by a strong performance in international branded beverage segment.
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30 Jul 2024
|
Tata Consumer
|
Sharekhan
|
946.10
|
1315.00
|
1194.90
(-20.82%)
|
38.99 |
Buy
|
|
|
Tata Consumer Products Ltd’ (TCPL’s) operating performance was good with revenues and operating profit growing by 16% and 22% y-o-y respectively; higher interest cost kept adjusted PAT flat at Rs. 368 crore.
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26 Apr 2024
|
Tata Consumer
|
KRChoksey
|
946.10
|
1310.00
|
1102.65
(-14.20%)
|
Pre-Bonus/ Split |
Buy
|
|
|
For Q4FY24, TATACONS’ revenue was a miss due to lower growth in international tea and India beverages. EBITDA margin performance ((+189 bps YoY/ +99 bps QoQ) was the bright star aided by improved international profitability.
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24 Apr 2024
|
Tata Consumer
|
SMC online
|
946.10
|
|
1110.15
(-14.78%)
|
Pre-Bonus/ Split |
Results Update
|
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24 Apr 2024
|
Tata Consumer
|
ICICI Securities Limited
|
946.10
|
1360.00
|
1110.15
(-14.78%)
|
Pre-Bonus/ Split |
Buy
|
|
|
TCPL’s Q4FY24 was in line with our estimates. We reckon, stock trigger in FY25-26 is likely outperformance of growth businesses (which are gross margin accretive too).
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21 Feb 2024
|
Tata Consumer
|
KRChoksey
|
946.10
|
1352.00
|
1154.40
(-18.04%)
|
Pre-Bonus/ Split |
Buy
|
|
|
For Q3FY24, TATACONS’ revenue grew by 9.5% YoY/ 1.9% QoQ to INR 38,039 Mn, driven by strong growth across India and International business. India beverages saw a volume/ value growth of 2.0%/ 8.0% YoY, respectively driven by volume growth and premiumization in tea and strong revenue growth in NourishCo (+34.0% YoY).
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