TATA SAMPANN
Tata Consumer Products aspires to be a full-fledged FMCG Co, to double capex to Rs 785 cr in FY25: N Chandrasekaran
Tata Consumer Products Ltd plans to diversify and expand into new FMCG categories, doubling capex to Rs 785 crore for FY25 with a focus on a new plant in Vietnam. Chairman N Chandrasekaran emphasized growth through acquisitions, particularly in health-oriented and food products, while investing in digital technology and advertising.
India's consumer market represents long-term structural opportunity: N Chandrasekaran
Tata Consumer Products Ltd Chairman N Chandrasekaran highlighted India's consumer market as a long-term structural opportunity, driven by factors like population, a growing middle class, rapid urbanisation, increasing disposable incomes, and rising aspirations.
Hot Stocks: Brokerage view on Tata Consumer, Varun Beverages and Mankind Pharma
Top brokerage firms like Motilal Oswal, Jefferies, and Morgan Stanley have issued buy ratings and targets for Mankind Pharma, Nykaa, Tata Consumer, and Varun Beverages.
Best Chana Dal in India: 10 Picks from Top Brands for Nutritious and Flavourful Meals
This list of the best chana dal encompasses a diverse range of options, each offering exceptional quality and nutritional value. From organic varieties that are free from synthetic pesticides and GMOs to unpolished options that retain their natural taste and goodness, there's something to suit every preference. With trusted brands and high-quality sourcing practices, you can trust that you are getting the finest chana dal available on the market.
FMCG giants pivot to premium: Nestle and ITC lead with innovative strategies
FMCG giants like Nestle India and ITC are adopting innovative strategies to tap into the growing demand for premium products. Nestle plans to hire tasters and connoisseurs for its super-premium Nespresso coffee and boutiques, while ITC is leveraging AI and ML to predict demand and recommend products for its premium portfolio, including Fabelle chocolates and skincare.
Beat stock market volatility with Sharpe ratio: 8 stocks with up to 37% upside potential
Stocks that have delivered good risk-adjusted returns can effectively manage the rising market uncertainty.
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Best biryani masala pastes for authentic and flavourful biryani
Experience culinary delight with the best biryani masala pastes. Expertly crafted using premium spices, these pastes encapsulate the essence of traditional Indian flavours. Elevate your cooking effortlessly by simply blending this paste, infusing your biryani with rich aromas and authentic taste. Unleash the true essence of this beloved dish and treat your palate to a symphony of spices.
Tata Consumer shares fall 5% as Q4 results fail to impress. What's the new target price?
Tata Consumer shares dropped 5% to Rs 1,112 on BSE as its Q4 net profit fell 19% YoY to Rs 217 crore. Goldman Sachs maintains a neutral rating, citing slowed India beverage growth and margin reliance on international and unbranded segments.
Tata Consumer board approves dividend of Rs 7.75 per share
The decision was taken in a board meeting held today to approve the company's January-March quarter earnings and the announcement was made after market hours.
Tata Consumer Q4 Results: Net profit falls 19% YoY to Rs 217 crore
Revenue from operations during the reporting period rose 8% year-on-year to Rs 3,927 crore, compared with Rs 3,618 crore in the previous year quarter. The board recommended a final dividend of Rs 7.75 per equity share (775%) for the financial year 2023-24. The dividend will be approved by the members within 30 days of its declaration.
Tata Consumer Q4 results today: What to expect and how to trade the stock?
Tata Consumer Q4 results: Tata Consumer to announce Q4 results with expected revenue growth in various segments. Sharekhan predicts volume growth in the domestic tea business. Nuvama expects strong performance from Capital foods. US Coffee volumes may remain steady.
India set to exit FY24 with a GDP of $3.6 trillion; Tata Consumer, Birla Corp top bets
India set to exit FY24 with a GDP of $3.6 trillion. Strong market performance observed with significant returns. Various sectors like BFSI, Auto, Healthcare, Tata Consumer, and Birla Corp showcase growth potential.
Huge focus on driving efficiencies in capital and talent; see bigger opportunity in rural: Sunil D'Souza
Sunil D'Souza, MD & CEO of Tata Consumer Products, discusses the company's growth strategy, including distribution expansion, branding, innovation, and portfolio diversification. He believes that consumption is rebounding, but hasn't reached pre-Covid levels. He also highlights the importance of trust, talent, and category creation for future success. He also said Taa Sons is backing the company's rights issue.
Tata Consumer Q3 Results: Net profit drops 21% YoY to Rs 279 crore; revenue rises 9
Tata Consumer Q3 Results: Revenue from operations increased 9% year-on-year (YoY) to Rs 3,804 crore in the December quarter. The same stood at Rs 3,474 crore in the last year quarter.
Tata Consumer plans Rs 3500 crore rights issue
The company, which announced the deals late last week, can move beyond commodities into fast-growing, high-margin, value-added food segments with the strength of its new portfolio, MD and CEO Sunil D'Souza told ET.
Tata Consumer to fund two acquisitions with cash reserve, bridge financing
Tata Consumer Products (TCPL) plans to finance the acquisitions of Capital Foods Ltd and Organic India Ltd, totaling an enterprise value of Rs 7,000 crore, through internal cash reserves and bridge financing, according to MD and CEO Sunil D'Souza. Emphasizing the growth potential in these areas, D'Souza mentioned that TCPL aims to strengthen its food and beverage portfolio organically and explore inorganic opportunities. The board is set to consider fundraising proposals on January 19, including short-term debt and possible equity funding through options like a rights issue.
Tata Consumer to merge 3 wholly-owned subsidiaries - NourishCo, SmartFoodz and Soulfull
Tata Consumer Products Ltd has announced its intention to merge three of its wholly-owned subsidiaries: NourishCo Beverages, Tata SmartFoodz, and Tata Consumer Soulfull. The primary goal of this merger is to enhance the effective utilization of resources and reduce compliance requirements.
We are en route to becoming a total FMCG company and focus is on growth businesses doing well: Sunil D'Souza, Tata Consumer
"On a MAT basis, there’s a little bit of bleed on share, but quarter-to-quarter, it is now stable and I remain confident that now that we have got our infrastructure almost fully in place, we have still got to build out some rural distributors and powering it with A&P. We have been a good place to start getting the trajectory up. Quarter-on-quarter, now the shares are stable."
Tata Consumer Q2 Results: Profit rises 3% YoY to Rs 338 crore; revenue up 11%
Revenue from operations during the reporting second quarter jumped 11% year-on-year (YoY) to Rs 3,734 crore. The same was at Rs 3,363 crore in the last year quarter. The revenue growth was driven by an underlying growth of 11% in the India business, 8% in the International business, and 3% in the non-branded business.
Inflation could affect festive sales of some FMCG items: CEO of MTR Foods owner Orkla India
FMCG companies are banking on the October-December quarter for recovery in demand, after a muted September, which saw low to mid-single digit growth, as rural demand was impacted by elevated food prices and below-average rainfall, according to quarterly updates last week by Marico, Dabur and Godrej Consumer Products. The festive season has shifted entirely to the third quarter this year, and will be crucial to revive the sector.
Tata Consumer leads race for maker of Ching's Secret, values co at Rs 5,500 cr
Will buy around 70% in first tranche; existing shareholders finalising rollover plans. Nestle, Kraft Heinz were the other contenders in fray. The potential buyout will pit Tata co against Nestle’s Maggi, which leads the Rs 5,000 crore branded instant noodles market.
Pandemic boom over, D2C brands now switching to offline channels: Tata Consumer MD
“The hype of D2C, which was there during the pandemic, is starting to taper off a bit and that is also one of the reasons why many of the players are now starting to come into the offline world,” Sunil D'Souza, managing director at Tata Consumer said.
Buy Tata Consumer Products, target price Rs 910: Motilal Oswal Financial Services
Tata Consumer Products, incorporated in the year 1962, is a Large Cap company (having a market cap of Rs 71626.80 Crore) operating in FMCG sector.
We will focus on expanding our footprint and innovation in ready to drink biz: Sunil D'Souza, Tata Consumer Products
So, apart from aggressive store opening we will also have these four parameters play out in a significant number of stores and we do expect again a very high double digit for Starbucks as well.
We will continue to deliver double-digit growth: Sunil D'Souza, Tata Consumer Products
We are in the top quartile of the FMCGs. So, in this quarter, if you look at specific businesses per se, India business beverages, tea specifically, back to volume growth, 1% volume growth, 3% revenue and margins almost coming back to normalised.
Up 4 times in 5 years! Can this multibagger continue to make investors smile?
Motilal Oswal analysts said the company is on a portfolio expansion spree in the F&B segment, with product launches in new and innovative categories such as mini meals and protein-based products. The food business is expected to be the growth engine for the company, with Tata Sampann leading from the front.
Tata Consumer eyes significant profits in 3 years from food business
The company that sells Tata Salt and Tetley tea bags will now pivot beyond foods and beverages in the consumer goods space, chief executive Sunil D'Souza said. Since Tata Consumer historically has the DNA of a foods company, it will build the necessary skillsets within the organisation for this diversification, he added.
Tata Consumer Products to merge Tata Coffee business with itself
Under the scheme, shareholders of TCL (other than TCPL) will receive an aggregate of 3 equity shares of TCPL for every 10 equity shares held by them in TCL.
We can tinker around with quality to drop prices, but we won't: Sunil D'Souza, Tata Consumer
"Just for example, the daal we sell is unpolished — which is actually the best form of daal to be consumed in terms of the overall nutrition levels — and therefore we do think that we can command a bit of premium for that. Our quality levels are top-notch, bar none. Then there's the backing of the trust of the Tata name."
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