Tata Consumer Products Ltd
Tata Consumer Products Ltd. is one of the leading companies of the Tata Group, with presence in the food and beverages business in India and internationally. It is the second largest tea company globally and has significant market presence and leadership in many markets. In addition to South Asia (mainly India), it has presence in various other geographies including Canada, UK, North America, Australia, Europe, Middle East and Africa. [1]
- Market Cap ₹ 87,866 Cr.
- Current Price ₹ 946
- High / Low ₹ 952 / 685
- Stock P/E 71.2
- Book Value ₹ 174
- Dividend Yield 0.90 %
- ROCE 9.32 %
- ROE 6.86 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 56.1%
Cons
- Stock is trading at 5.43 times its book value
- Company has a low return on equity of 6.51% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Plantation & Plantation Products Industry: Tea
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
6,640 | 7,351 | 7,738 | 7,993 | 6,637 | 6,780 | 6,815 | 7,252 | 9,637 | 11,602 | 12,425 | 13,783 | 14,568 | |
6,017 | 6,581 | 6,986 | 7,201 | 6,271 | 5,988 | 5,976 | 6,466 | 8,345 | 10,058 | 10,707 | 11,927 | 12,521 | |
Operating Profit | 623 | 770 | 752 | 792 | 366 | 791 | 839 | 786 | 1,292 | 1,544 | 1,719 | 1,856 | 2,047 |
OPM % | 9% | 10% | 10% | 10% | 6% | 12% | 12% | 11% | 13% | 13% | 14% | 13% | 14% |
117 | 56 | 170 | -77 | 38 | 88 | 73 | 124 | -163 | 91 | 88 | 328 | 304 | |
Interest | 70 | 84 | 87 | 82 | 117 | 92 | 43 | 52 | 78 | 69 | 73 | 87 | 105 |
Depreciation | 96 | 105 | 129 | 133 | 117 | 126 | 116 | 123 | 242 | 255 | 278 | 304 | 334 |
Profit before tax | 574 | 637 | 707 | 500 | 170 | 662 | 753 | 735 | 809 | 1,311 | 1,456 | 1,794 | 1,913 |
Tax % | 25% | 26% | 26% | 43% | 118% | 30% | 25% | 36% | 34% | 24% | 26% | 25% | |
417 | 445 | 510 | 273 | -37 | 455 | 556 | 457 | 460 | 930 | 1,015 | 1,320 | 1,356 | |
EPS in Rs | 5.76 | 6.03 | 7.77 | 4.01 | -0.09 | 6.17 | 7.85 | 6.47 | 4.99 | 9.30 | 10.15 | 12.96 | 13.73 |
Dividend Payout % | 37% | 36% | 29% | 6% | -2,572% | 38% | 30% | 39% | 54% | 44% | 60% | 65% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 15% |
3 Years: | 13% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | 11% |
5 Years: | 17% |
3 Years: | 20% |
TTM: | 19% |
Stock Price CAGR | |
---|---|
10 Years: | 20% |
5 Years: | 34% |
3 Years: | 21% |
1 Year: | 16% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 6% |
3 Years: | 7% |
Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 62 | 62 | 62 | 62 | 63 | 63 | 63 | 63 | 92 | 92 | 92 | 93 | 93 |
Reserves | 4,504 | 4,748 | 5,787 | 5,431 | 6,184 | 6,202 | 6,968 | 7,269 | 13,723 | 14,442 | 15,050 | 16,184 | 16,061 |
916 | 1,389 | 1,438 | 1,324 | 1,354 | 787 | 1,068 | 1,141 | 1,586 | 1,634 | 1,412 | 1,600 | 1,511 | |
2,797 | 2,595 | 2,625 | 2,641 | 2,294 | 2,499 | 2,362 | 2,408 | 3,072 | 4,050 | 4,521 | 4,886 | 4,526 | |
Total Liabilities | 8,279 | 8,794 | 9,911 | 9,458 | 9,895 | 9,551 | 10,461 | 10,881 | 18,473 | 20,218 | 21,075 | 22,762 | 22,191 |
4,244 | 4,434 | 5,181 | 4,922 | 4,662 | 4,573 | 4,798 | 4,913 | 11,656 | 12,023 | 12,599 | 13,070 | 13,193 | |
CWIP | 49 | 91 | 60 | 47 | 39 | 63 | 135 | 424 | 95 | 113 | 247 | 295 | 216 |
Investments | 567 | 578 | 611 | 622 | 1,366 | 1,451 | 1,161 | 1,188 | 1,323 | 806 | 797 | 1,433 | 1,217 |
3,420 | 3,691 | 4,060 | 3,867 | 3,828 | 3,465 | 4,366 | 4,355 | 5,399 | 7,276 | 7,431 | 7,965 | 7,566 | |
Total Assets | 8,279 | 8,794 | 9,911 | 9,458 | 9,895 | 9,551 | 10,461 | 10,881 | 18,473 | 20,218 | 21,075 | 22,762 | 22,191 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
279 | 173 | 422 | 418 | 116 | 741 | 356 | 210 | 1,082 | 1,656 | 1,516 | 1,461 | |
156 | 24 | -1 | -207 | 145 | 145 | -31 | 53 | -622 | -346 | -1,317 | -834 | |
-438 | 186 | -363 | -392 | -282 | -816 | -30 | -224 | -308 | -426 | -995 | -714 | |
Net Cash Flow | -3 | 383 | 57 | -182 | -21 | 70 | 294 | 39 | 152 | 884 | -796 | -87 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 36 | 35 | 31 | 28 | 33 | 32 | 35 | 34 | 35 | 24 | 25 | 21 |
Inventory Days | 147 | 162 | 174 | 176 | 164 | 168 | 143 | 146 | 115 | 132 | 132 | 144 |
Days Payable | 102 | 93 | 88 | 82 | 68 | 85 | 70 | 61 | 64 | 95 | 111 | 125 |
Cash Conversion Cycle | 81 | 105 | 117 | 122 | 128 | 114 | 108 | 120 | 87 | 61 | 45 | 40 |
Working Capital Days | 66 | 55 | 82 | 75 | 86 | 72 | 81 | 88 | 63 | 48 | 58 | 49 |
ROCE % | 10% | 11% | 9% | 9% | 4% | 9% | 9% | 8% | 9% | 8% | 9% | 9% |
Documents
Announcements
- Appointment Of Senior Management Personnel - Mr. Ashish Goenka As Group CFO 1m
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Capacity Expansion - Tata Coffee Vietnam Company Limited, Vietnam
21h - Of Capacity Expansion - Tata Coffee Vietnam Company Limited - Vietnam, is enclosed herewith
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 1d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 24 Nov
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 24 Nov
Annual reports
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Financial Year 2023
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Financial Year 2020
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Concalls
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Acquisition of Food Business
The company acquired the consumer products business of Tata Chemicals Ltd [1] that comprises sourcing, packaging, marketing, distribution and sales of salt under the brand ‘Tata Salt’, and spices, pulses and other food products under the brand ‘Tata Sampann’ in FY2020 in an all equity deal. [2]