Tata Consumer Product Ltd Share Price

Tata Consumer share result highlights

Tata Consumer Products Ltd delivered strong financial results in the latest quarter, driven by robust demand in both its beverage and food businesses. The company’s revenue grew by 10% year-on-year, while net profit saw a healthy increase of 12%. This growth was supported by expanding market share in key categories such as tea, coffee, and packaged foods. Operational efficiencies and cost controls also contributed to improved margins. The positive results had a favourable impact on the Tata Consumer share price, reflecting strong investor confidence in the company's growth trajectory.

Tata Consumer share annual reports

The annual report for Tata Consumer for the fiscal year 2023-24 reflected a solid performance, with total revenue crossing ₹12,000 crore, marking a 9% year-on-year increase. The report highlighted the company’s focus on innovation, brand development, and expanding its distribution network. Tata Consumer continues to build on its leadership in the beverage segment while expanding into new food categories. These strategic initiatives and consistent growth have positively influenced the Tata Consumer share price.

Tata Consumer share dividend

Tata Consumer maintains a steady dividend payout policy, reflecting its strong financial health and commitment to rewarding shareholders. For the fiscal year 2023-24, the company announced a dividend of ₹8 per share. The consistent dividend payments underline Tata Consumer’s ability to generate healthy cash flow, further reinforcing investor trust. The regular dividend payouts are a contributing factor in the positive performance of the Tata Consumer share price.

Tata Consumer Products Limited Overview

Tata Consumer Products Ltd., a pivotal entity of the Tata Group, is recognized as a global powerhouse in the food and beverages sector, holding the title of the world’s second-largest tea company. With a comprehensive brand portfolio including Tata Salt, Tata Tea, Tetley, Himalayan, Eight O Clock, and Tata Sampann, it marks its presence across varied geographies like Canada, UK, North America, Australia, Europe, Middle East, and Africa, besides a strong foothold in South Asia. Despite a slight dip in the market share for tea and salt in Q2FY24, the company's strategic focus on expanding its reach, evidenced by a doubling of its outlet coverage and introduction of around 1,000 new distributors in FY24, underscores its commitment to growth. The company’s revenue predominantly stems from its branded food and beverages segment, contributing 90% to the total revenues. The geographical revenue bifurcation further highlights India's dominant share with 76%, complemented by significant international contributions. Notably, Tata Consumer Products ventures into the retail coffee store market through its joint venture Tata Starbucks, which has been expanding rapidly across India. The subsidiary Tata Coffee is undergoing an amalgamation process aimed at streamlining operations and achieving synergies. The launch of Tata Gluco+ Sports Drink in collaboration with the Argentine Football World Champions epitomises the company's innovative approach to expanding its product lineup and leveraging brand partnerships for market penetration.