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Last Updated on: 27 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Tata Consumer Products Ltd

About the Company - Tata Consumer Products Ltd

Tata Consumer Products Ltd. is a Public Limited Listed company incorporated on 18/10/1962 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L15491WB1962PLC031425 and registration number is 031425. Currently Company is involved in the business activities of Manufacture of other food products. Company’s Total Operating Revenue is Rs. 7932.29 Cr. and Equity Capital is Rs. 92.16 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Plantations - Tea & Coffee1, Bishop Lefroy Road, Kolkata West Bengal 700020investor.relations@tataconsumer.com
http://www.tataconsumer.com
Management
NamePosition Held
Mr. N ChandrasekaranChairman
Mr. Sunil D�SouzaManaging Director & CEO
Mr. L KrishnakumarExecutive Director & Group CFO
Mr. P B BalajiNon Exe.Non Ind.Director
Mr. David CreanIndependent Director
Mr. Bharat PuriIndependent Director
Mrs. Shikha SharmaIndependent Director
Mr. Siraj ChaudhryIndependent Director
Dr. K P KrishnanIndependent Director

Tata Consumer Products Ltd. Share Price Update

Share PriceValue
Today₹1,185.40
Previous Day₹1,176.60

Basic Stock Data of Tata Consumer Products Ltd

Market Cap 1,12,539 Cr.
Current Price 1,181
High / Low1,216/685
Stock P/E87.9
Book Value 174
Dividend Yield0.71 %
ROCE9.32 %
ROE6.86 %
Face Value 1.00

Data Source: screener.in

Tata Consumer Products Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales2,7813,0703,0373,0083,0333,2083,1753,3273,3633,4753,6193,7413,734
Expenses2,3822,7082,7372,6092,6202,7472,7312,8702,9293,0213,1073,1963,197
Operating Profit400361300399413462444457434454512545537
OPM %14%12%10%13%14%14%14%14%13%13%14%15%14%
Other Income213-212423122911141128495375
Interest18181520201616162024282628
Depreciation63646667697072737375838294
Profit before tax321292198336348388385379482482450489491
Tax %27%19%33%28%25%26%25%27%26%23%23%27%27%
Net Profit27323774200286290239277389364290338364
EPS in Rs2.792.370.582.012.912.882.362.773.563.792.893.413.64

Tata Consumer Products Ltd Quarterly Chart

Tata Consumer Products Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales6,6407,3517,7387,9936,6376,7806,8157,2529,63711,60212,42513,78314,568
Expenses6,0176,5816,9867,2016,2715,9885,9766,4668,34510,05810,70711,92712,521
Operating Profit6237707527923667918397861,2921,5441,7191,8562,047
OPM %9%10%10%10%6%12%12%11%13%13%14%13%14%
Other Income11756170-77388873124-1639188328304
Interest7084878211792435278697387105
Depreciation96105129133117126116123242255278304334
Profit before tax5746377075001706627537358091,3111,4561,7941,913
Tax %25%26%26%43%118%30%25%36%34%24%26%25%
Net Profit417445510273-374555564574609301,0151,3201,356
EPS in Rs5.766.037.774.01-0.096.177.856.474.999.3010.1512.9613.73
Dividend Payout %37%36%29%6%-2,572%38%30%39%54%44%60%65%

Tata Consumer Products Ltd Profit & Loss Yearly Chart

Tata Consumer Products Ltd Growth

Compounded Sales Growth
10 Years:6%
5 Years:15%
3 Years:13%
TTM:12%
Compounded Profit Growth
10 Years:11%
5 Years:17%
3 Years:20%
TTM:21%
Stock Price CAGR
10 Years:23%
5 Years:44%
3 Years:23%
1 Year:61%
Return on Equity
10 Years:6%
5 Years:6%
3 Years:7%
Last Year:7%

Tata Consumer Products Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital62626262636363639292929393
Reserves4,5044,7485,7875,4316,1846,2026,9687,26913,72314,44215,05016,18416,061
Borrowings9161,3891,4381,3241,3547871,0681,1411,5861,6341,4121,6001,511
Other Liabilities2,7972,5952,6252,6412,2942,4992,3622,4083,0724,0504,5214,8864,526
Total Liabilities8,2798,7949,9119,4589,8959,55110,46110,88118,47320,21821,07522,76222,191
Fixed Assets4,2444,4345,1814,9224,6624,5734,7984,91311,65612,02312,59913,07013,193
CWIP49916047396313542495113247295216
Investments5675786116221,3661,4511,1611,1881,3238067971,4331,217
Other Assets3,4203,6914,0603,8673,8283,4654,3664,3555,3997,2767,4317,9657,566
Total Assets8,2798,7949,9119,4589,8959,55110,46110,88118,47320,21821,07522,76222,191

Tata Consumer Products Ltd Reserves and Borrowings Chart

Tata Consumer Products Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 2791734224181167413562101,0821,6561,5161,461
Cash from Investing Activity 15624-1-207145145-3153-622-346-1,317-834
Cash from Financing Activity -438186-363-392-282-816-30-224-308-426-995-714
Net Cash Flow-338357-182-217029439152884-796-87

Tata Consumer Products Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days363531283332353435242521
Inventory Days147162174176164168143146115132132144
Days Payable102938882688570616495111125
Cash Conversion Cycle8110511712212811410812087614540
Working Capital Days665582758672818863485849
ROCE %10%11%9%9%4%9%9%8%9%8%9%9%

Tata Consumer Products Ltd Financial Efficiency Indicators Chart

Tata Consumer Products Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Jan 2024
Promoters34.71%34.71%34.72%34.72%34.72%34.72%34.45%34.44%34.45%34.42%34.42%33.56%
FIIs25.02%25.93%25.67%25.36%25.33%25.59%25.58%25.04%25.39%25.27%25.62%25.51%
DIIs13.99%13.30%13.41%13.71%13.99%14.91%15.12%15.85%16.33%16.87%17.06%16.89%
Government0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
Public26.27%26.04%26.20%26.20%25.96%24.78%24.82%24.65%23.82%23.43%22.90%24.02%
No. of Shareholders6,10,2746,61,2107,53,0198,00,7048,03,6198,08,7818,00,7498,19,0347,78,7107,75,4057,48,3758,73,056

Tata Consumer Products Ltd Shareholding Pattern Chart

No. of Tata Consumer Products Ltd Shareholders

Tata Consumer Products Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
SBI Nifty 50 ETF112069100.651009.18
HDFC Top 100 Fund - Regular Plan46635981.63419.96
Nippon India Small Cap Fund30890540.75278.17
Aditya Birla Sun Life Flexi Cap Fund30650351.62276.01
Kotak Emerging Equity Fund - Regular Plan22696680.61204.38
Canara Robeco Emerging Equities20550001.05185.05
Aditya Birla Sun Life Focused Fund16745032.49150.79
Axis Bluechip Fund16305530.48146.83
Nippon India Tax Saver Fund15073971.1135.74
Nippon India Large Cap Fund15000000.81135.08

Tata Consumer Products Ltd ROCE Trend

Tata Consumer Products Ltd EPS Trend

Tata Consumer Products Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)13.0210.159.304.996.47
Diluted EPS (Rs.)13.0210.159.304.996.47
Cash EPS (Rs.)17.7714.7213.558.439.45
Book Value[Excl.RevalReserv]/Share (Rs.)184.12176.56169.33161.52132.11
Book Value[Incl.RevalReserv]/Share (Rs.)184.36176.80169.56161.75132.46
Revenue From Operations / Share (Rs.)148.37134.82125.89104.57114.90
PBDIT / Share (Rs.)21.8020.1718.0715.2314.94
PBIT / Share (Rs.)18.5317.1515.3012.6113.00
PBT / Share (Rs.)19.3115.8014.238.7811.64
Net Profit / Share (Rs.)14.4911.7110.785.817.51
NP After MI And SOA / Share (Rs.)12.9610.159.304.996.47
PBDIT Margin (%)14.6914.9614.3514.5613.00
PBIT Margin (%)12.4812.7212.1512.0511.31
PBT Margin (%)13.0111.7111.308.3910.13
Net Profit Margin (%)9.768.688.565.556.53
NP After MI And SOA Margin (%)8.737.537.384.775.62
Return on Networth / Equity (%)7.406.185.903.335.58
Return on Capital Employeed (%)9.118.808.217.038.66
Return On Assets (%)5.274.434.222.483.73
Long Term Debt / Equity (X)0.010.010.010.050.10
Total Debt / Equity (X)0.070.060.040.080.15
Asset Turnover Ratio (%)0.460.460.440.490.43
Current Ratio (X)2.122.252.282.873.09
Quick Ratio (X)1.431.531.552.012.00
Inventory Turnover Ratio (X)1.681.822.191.821.79
Dividend Payout Ratio (NP) (%)46.3139.8829.0441.2043.77
Dividend Payout Ratio (CP) (%)36.9730.7422.3827.0033.66
Earning Retention Ratio (%)53.6960.1270.9658.8056.23
Cash Earning Retention Ratio (%)63.0369.2677.6273.0066.34
Interest Coverage Ratio (X)23.2425.5424.2418.0317.97
Interest Coverage Ratio (Post Tax) (X)14.6216.5415.9111.4010.66
Enterprise Value (Cr.)65199.7071193.6857582.4127822.2613931.77
EV / Net Operating Revenue (X)4.735.734.962.891.92
EV / EBITDA (X)32.1938.3034.5819.8214.77
MarketCap / Net Operating Revenue (X)4.795.765.072.821.77
Retention Ratios (%)53.6860.1170.9558.7956.22
Price / BV (X)4.064.744.051.971.75
Price / Net Operating Revenue (X)4.795.765.072.821.77
EarningsYield0.010.010.010.010.03

Tata Consumer Products Ltd Profitability Ratios (%)

Tata Consumer Products Ltd Liquidity Ratios

Tata Consumer Products Ltd Liquidity Ratios (%)

Tata Consumer Products Ltd Interest Coverage Ratios (%)

Tata Consumer Products Ltd Valuation Ratios

Fair Value of Tata Consumer Products Ltd Stock

Fair Value: ₹1056.66

The stock is overvalued by 10.53% compared to the current price ₹1181

*Investments are subject to market risks

Strength and Weakness of Tata Consumer Products Ltd Stock

StrengthWeakness
  1. The company has higher reserves (9,427.15 cr) compared to borrowings (1,320.00 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (8.54 cr) and profit (427.00 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 15.32 and average Dividend Yield of 12.14%.
  2. The stock has a low average ROCE of 8.67%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 68.58, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 94.00, which may not be favorable.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Tata Consumer Products Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE