TATA CONSUMER PRODUCTS SHARE PRICE TODAY

Tata Consumer Products (TCPL) is one of the major FMCG companies present in Tea, Coffee & other beverages in India, UK, US, Canada & some other geographies. In India, it also has Salt, Pulses, Spices & other foods products. Its subsidiary NourishCo is present in packaged water & other beverages. The company is in JV with Starbucks, which has 311 stores in India

• The company has 2000+ distribution directly reaching to 1.5 million outlets in India. Its total distribution reach is 3.8 million outlets.

TCPL reported 14% revenue growth led by India business

• Constant currency sales growth of 12% was drive by 6% volume growth
• EBITDA was at ₹ 511.7 crore, up 15.2% YoY, with margins at 14.1%
• Consequent adjusted PAT was at ₹ 289.5 crore (up 21.1% YoY)

Tea & Coffee company Tata Consumer Products announced Q1FY25 results:

• Revenue from Operations for the quarter at Rs 4,352 crore, up 16%.
• Consolidated EBITDA for the quarter at Rs 671 crore, up 23%.
• Profit before exceptional items for the quarter at Rs 465 crore, down 6%.

Sunil D’Souza, Managing Director & CEO of Tata Consumer Products said “We delivered good topline growth of 16% in Q1FY25 ( 10% organic growth), with an EBITDA growth of 23%.

During the quarter, we recorded strong growth in the India salt business, our India tea business was impacted by an intense summer. Our growth businesses (Tata Sampann, RTD, Tata Soulfull, Tata SmartFoodz, Capital Foods, Organic India) recorded 66% growth (20% organic growth). Tata Starbucks sustained momentum in its expansion agenda with its store count now at 438 stores spanning a total of 65 cities.

We also delivered strong performance in our International markets, along with significant margin expansion, led by structural interventions and pricing actions.

In India, we continue to strengthen our Sales & Distribution infrastructure and have implemented split routes as announced earlier, this is expected to add about 35% additional feet on street. Channels of the future (modern trade and e-commerce) continue to be strong contributors to our growth algorithm. In addition, we are piloting our go-to-market in the pharma channel (for our health & wellness portfolio) and in the food service channel.

We have completed the end-to-end integration of our recent acquisition -Capital Foods and are on track to complete the integration of Organic India. Identified synergy benefits have started accruing in both businesses.

Going forward, we will continue to execute against our strategic priorities and deliver consistent and profitable growth.”

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