Stock Report

Tata Consumer Products Reports Robust Q1 FY27 Results: Consolidated Net Profit Up 29% YoY to ₹427 Crore; Revenue Reaches ₹5,349 Crore

Posted On : 2026-07-24 18:03:33( TIMEZONE : IST )

Fast-moving consumer goods powerhouse Tata Consumer Products Limited (BSE: 500800, NSE: TATACONSUM) announced its unaudited consolidated financial results for the first quarter ended June 30, 2026 (Q1 FY27).

Driven by sustained momentum in its core domestic FMCG portfolio and accelerated growth across its international branded business, the company delivered a strong performance for the quarter, with Group Consolidated Net Profit expanding 28.77% YoY to ₹427.19 crore.

Consolidated Financial Highlights: Q1 FY27 vs Q1 FY26

Revenue from Operations: Consolidated operational revenue reached ₹5,348.88 crore, registering an 11.93% YoY growth compared to ₹4,778.91 crore in Q1 FY26. Sequentially, revenue stood at ₹5,433.62 crore in Q4 FY26.

Total Income: Reached ₹5,420.82 crore (including other income of ₹71.94 crore), up 12.46% YoY from ₹4,820.08 crore in Q1 FY26.

Profit Before Tax (PBT): Rose 27.24% YoY to ₹592.21 crore, compared to ₹465.42 crore in Q1 FY26 and ₹641.17 crore in Q4 FY26. No exceptional items were recorded for the quarter.

Net Profit After Tax (PAT): Consolidated net profit before JV/Associate share reached ₹444.86 crore (up 28.41% YoY from ₹346.44 crore in Q1 FY26).

Group Consolidated Net Profit: Including the share of loss in associates and joint ventures (-₹17.67 crore), group net profit surged 28.77% YoY to ₹427.19 crore, against ₹331.75 crore in Q1 FY26.

Profit Attributable to Parent Owners: Stood at ₹426.98 crore, up 27.78% YoY from ₹334.15 crore in Q1 FY26 and ₹419.08 crore in Q4 FY26.

Earnings Per Share (EPS): Basic and diluted EPS improved to ₹4.31 per share (face value Re 1/- each), compared to ₹3.38 in Q1 FY26 and ₹4.24 in Q4 FY26.

Total Comprehensive Income: Stood at ₹440.07 crore (with ₹436.25 crore attributable to owners of the parent).

Segment-Wise Performance Overview

1. Branded Business (Core FMCG)

India Branded Business: Revenue expanded 13.26% YoY to ₹3,540.30 crore (versus ₹3,125.70 crore in Q1 FY26 and ₹3,327.91 crore in Q4 FY26). Segment results surged 35.70% YoY to ₹393.95 crore (up from ₹290.29 crore in Q1 FY26).

International Branded Business: Revenue rose 17.25% YoY to ₹1,342.80 crore, compared to ₹1,145.20 crore in Q1 FY26 and ₹1,418.09 crore in Q4 FY26. Segment results reached ₹175.21 crore, up 13.37% YoY from ₹154.55 crore in Q1 FY26.

Total Branded Business Revenue: Climbed 14.33% YoY to ₹4,883.10 crore (accounting for 91.3% of total segment turnover). Total Branded segment results grew 27.95% YoY to ₹569.17 crore.

2. Non-Branded Business

Segment Revenue: Stood at ₹497.64 crore (versus ₹535.75 crore in Q1 FY26 and ₹714.41 crore in Q4 FY26).

Segment Results: Amounted to ₹49.07 crore, compared to ₹64.52 crore in Q1 FY26.

Operating Margins & Cost Structure

The company achieved expansion in profitability metrics, with the Operating Margin improving to 10.56% (up 80 bps YoY from 9.76% in Q1 FY26) and the Net Profit Margin expanding to 7.99% (up 108 bps YoY from 6.91% in Q1 FY26).

Consolidated total expenses for Q1 FY27 rose 10.88% YoY to ₹4,828.61 crore (versus ₹4,354.66 crore in Q1 FY26), reflecting controlled cost structures relative to top-line growth:

Cost of Materials Consumed: Stood at ₹2,084.64 crore (versus ₹2,036.70 crore in Q1 FY26).

Purchases of Stock-in-Trade: Amounted to ₹1,167.40 crore (versus ₹916.88 crore in Q1 FY26).

Changes in Inventories: Recorded a buffer/change of -₹185.15 crore.

Employee Benefits Expense: Increased to ₹445.81 crore (versus ₹385.84 crore in Q1 FY26).

Finance Costs: Stood at ₹39.09 crore (versus ₹33.76 crore in Q1 FY26).

Depreciation & Amortisation: Amounted to ₹164.78 crore (versus ₹148.93 crore in Q1 FY26).

Other Expenses: Totaled ₹1,112.04 crore, up from ₹923.63 crore in Q1 FY26.

Tax Provision: Total tax expense stood at ₹147.35 crore (comprising current tax of ₹151.18 crore and a deferred tax credit of ₹3.83 crore).

Balance Sheet & Key Financial Ratios

Tata Consumer Products continues to maintain a robust financial framework, backed by a strong balance sheet structure and prudent capital management:

Equity Base: Paid-up equity share capital stood at ₹98.96 crore (face value Re 1/- per share). Net worth stood at ₹22,611.24 crore as of June 30, 2026.

Total Assets: Stood at ₹33,125.85 crore (comprising ₹25,145.19 crore in Branded Business assets, ₹2,925.10 crore in Non-Branded assets, and ₹5,055.56 crore in unallocable corporate assets).

Debt-Equity Ratio: Maintained at a conservative 0.14x (versus 0.13x in Q1 FY26 and 0.12x in Q4 FY26).

Debt Service Coverage Ratio (DSCR): Stood strong at 7.90x.

Interest Service Coverage Ratio (ISCR): Stood at 16.86x.

Current Ratio: Remained healthy at 1.57x.

Total Debts to Total Assets: Maintained at 0.09x.
Turnover Ratios (Annualized): Debtors turnover ratio stood at 18.00x, while Inventory turnover ratio was recorded at 6.19x.

Sunil D'Souza, Managing Director & CEO of Tata Consumer Products said "We delivered yet another quarter of double-digit topline growth, backed by volume growth. Importantly, this translated to a consolidated net profit growth of 29%. The India branded business delivered robust underlying volume growth reflecting continued focus on execution, category expansion and innovation. Our 'Growth' businesses performed very well and have scaled their overall contribution to the India business. Tata Sampann continued to record exceptional growth driven by performance across multiple categories- dry fruits, cold-pressed oils as well as core pulses and spices. The Ready-To-Drink business delivered a strong quarter with strong performance across core brands as well as new launches.

The International business continued to deliver steady performance with margins being accretive to the overall company margins.

Our innovation momentum continues with 14 new launches in Q1 and a roadmap in place to fuel our growth agenda this year.

We remain focused on delivering sustainable profitable growth by strengthening and scaling our core and growth businesses and building a future ready portfolio."

Shares of TATA CONSUMER PRODUCTS LIMITED was last trading in BSE at Rs. 1107.00 as compared to the previous close of Rs. 1095.00. The total number of shares traded during the day was 116310 in over 11302 trades.

The stock hit an intraday high of Rs. 1111.00 and intraday low of 1070.60. The net turnover during the day was Rs. 128342553.00.