- Tata Consumer’s net income for 1Q was 3.34 billion rupees, missing the estimated 3.55 billion rupees, but still up 15% year-over-year.
- Revenue reported at 47.8 billion rupees, which was an increase of 9.9% compared to the previous year but fell short of the estimated 48.36 billion rupees.
- India branded business generated revenue of 31.3 billion rupees, showing an 11% increase year-over-year, although it fell short of the projected 32.42 billion rupees.
- International branded business revenue was 11.5 billion rupees, exceeding the estimate of 10.95 billion rupees with a growth of 9.5% year-over-year.
- Non-branded business revenue reached 5.36 billion rupees, a 7% increase from the previous year, narrowly missing the forecast of 5.4 billion rupees.
- Total costs rose by 11% to 43.5 billion rupees.
- Other income was reported at 411.7 million rupees, up 5.1% compared to the previous year.
- Revenue increase driven by 11% growth in India and 6% growth internationally.
- Branded business performance was affected by rising tea and coffee costs; non-branded profits were impacted by reversals of fair value gains from the previous year.
- Tata Consumer shares dropped by 2% to 1,063 rupees with 1.51 million shares traded.
- Market sentiment included 20 buy ratings, 7 hold ratings, and 2 sell ratings.
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A look at Tata Consumer Products Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
In assessing the long-term outlook for Tata Consumer Products, a holistic view of the Smartkarma Smart Scores reveals encouraging prospects. With a strong score of 4 in Dividend and Resilience, the company demonstrates stability and a commitment to rewarding investors, making it an attractive choice for those seeking consistent returns. Additionally, scoring a solid 3 in both Value and Growth, Tata Consumer Products is positioned to deliver sustained performance while offering potential for expansion and enhancement over time.
Moreover, the Momentum score of 4 indicates that Tata Consumer Products has been gaining traction and is on a positive trajectory, further bolstering its potential for growth and market competitiveness. With its diversified product portfolio that includes tea, coffee, salt, oil, pulses, spices, and food products, Tata Consumer Products is well-positioned to cater to a global customer base, hinting at a promising future for the company in the consumer goods sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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