Tata Consumer Products Limited

Sector: FMCG, Tea, Coffee, Foods, Beverages  |  HQ: Mumbai, Maharashtra  |  Founded: 1962  |  Employees: ~3,400

Listed as: NSE / BSE listed; Nifty 50 constituent  |  NSE / BSE  |  Ticker: TATACONSUM.NS  |  Website →

Key people

• N. Chandrasekaran (Chairman)
• Sunil D'Souza (Managing Director and CEO)

Company overview

Tata Consumer Products Limited (TCPL) is the consolidated FMCG arm of the Tata Group, formed in 2020 by merging Tata Global Beverages with the consumer products business of Tata Chemicals. TCPL is one of India's largest packaged consumer goods companies with leadership positions in tea (Tata Tea, Tetley, Tata Premium), salt (Tata Salt: India's largest salt brand), pulses (Tata Sampann), and emerging Tata Soulfull, Tata NX zero, and recently acquired Capital Foods (Ching's Secret, Smith & Jones). FY25 revenue approximately ₹16,500 crore.

Business model

India business covers tea, salt, pulses, snacks, soulful millet products, ready-to-eat. International business covers Tata Tetley UK, USA, Canada. Non-branded covers commodity tea trading.

Operating segments

Recent developments

May 2026

Tata Consumer Products delivered strong operating results with Q3 FY26 profit surging 36% and revenue crossing ₹5,100 crore, driven by margin expansion in the India business and growth in the Foods segment [5, 10]. The solid performance was reflected in the stock hitting an all-time high following the annual results release, prompting analysts to update their estimates [3, 6]. The company has maintained its advertising expenditure at current levels despite potential headwinds from West Asia, as indicated by MD Sunil D'Souza, signaling confidence in market demand [4]. To capture rising instant tea demand, the board approved a ₹160 crore investment in a new instant tea manufacturing unit [8]. Meanwhile, the company's collaboration with CSIR-NIIST aims to develop science-backed food and beverage innovations, positioning the firm for longer-term product development [7].

On the corporate front, Tata Consumer filed its FY26 Annual Report and announced its 63rd AGM scheduled for June 10, 2026, alongside a Rs. 10 dividend per share [2]. The company is actively engaging with the investment community, scheduling analyst and institutional investor meetings from May 27 to June 16, 2026 [1]. Separately, the company received a Rs 269.29 crore income tax demand for FY19, representing a contingent liability that stakeholders will monitor [9].

Sources (9)

1. Tata Consumer Products Schedules Analyst and Institutional Investor Meetings from May 27 to June 16, 2026 - scanx.trade · scanx.trade · Tue, 19 May 2026
2. Tata Consumer Products Files FY26 Annual Report; 63rd AGM on June 10, 2026 with Rs. 10 Dividend - India IPO · India IPO · Sun, 17 May 2026
3. Tata Consumer Products Limited (NSE:TATACONSUM) Just Released Its Annual Results And Analysts Are Updating Their Estimates - simplywall.st · simplywall.st · Tue, 12 May 2026
4. Tata Consumer Products to hold advertising spend steady despite West Asia risks, says MD Sunil D'Souza - Storyboard18 · Storyboard18 · Tue, 12 May 2026
5. Tata Consumer Products Q3 Results: India business leads margin expansion, Foods aids growth - CNBC TV18 · CNBC TV18 · Tue, 27 Jan 2026
6. Tata Consumer Products stock (INE192A01025): Hits All-Time High on Strong Earnings - AD HOC NEWS · AD HOC NEWS · Tue, 12 May 2026
7. Tata Consumer Products Collaborates with CSIR-NIIST to Advance Science-Backed Food and Beverage Innovations - PR Newswire · PR Newswire · Thu, 19 Feb 2026
8. Tata Consumer Approves ₹160 Cr New Instant Tea Unit to Meet Demand - Whalesbook · Whalesbook · Fri, 08 May 2026
9. Tata Consumer Products Q3 profit surges 36%; revenue crosses ₹5,100 crore mark - Fortune India · Fortune India · Tue, 27 Jan 2026

Financial performance and recent trajectory

FY25 revenue ₹16,500 crore. EBITDA margin 13-15 percent. The Capital Foods (Ching's Secret) acquisition added meaningfully to revenue.

Stock performance and shareholder context

TCPL (NSE: TATACONSUM, BSE: 500800) is Nifty 50 constituent. Tata Sons holds approximately 33 percent.

12-month price trajectory

Monthly closes over the last 12 months. Source: Yahoo Finance.

Competitive position

In Indian tea, TCPL competes with HUL (Brooke Bond, Lipton), Wagh Bakri, Society. In salt, TCPL Tata Salt is dominant. In pulses, Tata Sampann competes with brand-vs-loose unbranded pulses.

Key risks

Tea commodity price volatility; salt regulatory framework; FMCG distribution costs; Capital Foods integration.

Outlook

Branded India business compounding; international tea steady; salt category secular growth.

KAMRIT point of view

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Disclaimer: This profile is compiled by KAMRIT Financial Services LLP for educational and benchmarking purposes only. It is not investment advice, a recommendation to buy or sell securities, or a solicitation. Stock data is provided by Yahoo Finance and may be delayed by up to 20 minutes. Company financial commentary draws on publicly available filings, exchange disclosures, and KAMRIT industry research. Readers should consult a SEBI-registered investment adviser before making investment decisions. KAMRIT is a financial services and compliance firm, not a SEBI-registered investment adviser.