Fundamentals scanner

Every ratio from the Fundamental Analysis track, computed on a real company and annotated with what the number actually means. Then the three financial statements, so you can do the cash-flow check yourself.

Tata Consumer Products

Consumer DefensiveNeutralHealth score54/100

Market cap: ₹94713.33 Cr
P/E: 59.3x
ROE: —
Debt / equity: 0.12

What the company does

Tata Consumer Products Limited, together with its subsidiaries, manufactures, distributes, and trades in food products in India, the United States, the United Kingdom, and internationally. It operates through Branded Business and Non Branded Business segments. The company provides tea, coffee, water, salt, pulses, spices, snacks, ready-to-eat packaged and processed food products, ready to cook, ready to drink beverages, breakfast cereals, sauces, instant masala noodles, meal solutions, staples, mini-meals, breakfast, chilli ginger garlic paste, cooking aids and condiments, dry fruits, floor and millets, honey, chutneys, and cold-pressed oils. It also offers health supplements; glucose and jelly drinks; juices; food; and out-of-home consumptions products. The company provides its products primarily under the Tata Tea, Tata Tea Premium, Tetley, 1868 by Tata Tea, Organic India, Tata Coffee Grand, Tata Coffee Gold, Tata Coffee Quick Filter, Sonnets by Tata Coffee, Tata Salt, Tata Sampann, Smith & Jones, Tata Soulfull, Himalayan honey and preserves, Ching's Secret, Tata Simply Better, Himalayan water, Tata Copper+, Tata Gluco+, Tata Coffee Grand Cold Coffee, Zip Zap, Tetley Ready-To-Drink Green Tea, Tata Starbucks, Tata Consumer Specialist Solutions, Tata MyBistro, Good Earth, Teapigs, Eight O'Clock, Vitax, Himalayan, Laager, Tea4Kidz, Tea time, Society Coffee, Phendula, Teeco, Southalls, Tata Tea Gold, Kanan Devan, Chakra Gold, Tata Tea Agni, Joekels, Tata Coffee Cold Coffee, Tata Fruski, Tata GoFit, Himalayan Honey & Preserves, Himalayan Saffron, and Tata MyBistro Vending brands. The company was formerly known as Tata Global Beverages Limited and changed its name to Tata Consumer Products Limited in February 2020. Tata Consumer Products Limited was incorporated in 1962 and is based in Mumbai, India.

Industry: Packaged FoodsEmployees: 11,233Beta: 0.41

Valuation — what you are paying

How the price compares to earnings, assets and cash generation.

P/E (trailing)59.3xWeak
You are paying 59.3 years of current profit for each share. The earnings yield is 1.7%. The tracked FMCG median is 45.0× (n=8), so this trades richer than its peers.
P/B (price to book)4.3xFair
The market values the company at 4.3× its accounting net worth. High is normal for asset-light businesses and unusual for banks.
EV / EBITDA34.5xWeak
This is the only common multiple that accounts for debt — it is what an actual acquirer would look at, because they would inherit the borrowings.
Dividend yield1.05%Fair
Pays 1.05% of the current price out each year. Remember that yield rises when price falls — check the dividend is covered by cash flow.
Forward P/E40.0xWeak
Based on the next-year earnings estimate — 40.0× against 59.3× trailing. A forward P/E well below trailing is pricing in an earnings jump; treat the forecast with caution.
Price to sales4.5xFair
You pay 4.5× annual sales. Useful when earnings are depressed or negative and P/E breaks down — but a high multiple needs high margins to justify it.

Profitability — is this a good business?

Returns on capital and margins, the numerical shadow of a moat.

Return on equity—No data
Not available.
Return on assets—No data
Not available.
Operating margin10.5%Fair
Keeps ₹10.5 of operating profit from every ₹100 of sales. Compare only against companies in the same industry.
Net margin7.8%Fair
Sustained high net margins are evidence that something is stopping competitors from competing the profits away.
Gross margin41.1%Strong
Keeps ₹41.1 of gross profit per ₹100 of sales, before operating costs. A high, stable gross margin is the clearest single sign of pricing power.

Financial strength — can it survive a bad year?

Leverage and liquidity. This is where fragility shows up first.

Debt to equity0.12Strong
A conservative balance sheet that can absorb a downturn without a crisis.
Current ratio—No data
Not available.
Quick ratio—No data
Not available.
Total debt₹2819.51 CrNo data
Against cash of ₹4318.16 Cr. Net debt is what matters, not gross borrowings.
Free cash flow—No data
Not available.

Growth — is it getting bigger?

Revenue and earnings momentum, and how the two compare.

Revenue growth (yoy)+11.9%Fair
Ask where the growth came from: more volume, higher prices, or an acquisition. They are very different in quality.
Earnings growth (yoy)+27.9%Strong
Profits are growing faster than sales — margins are expanding, which is the sign of genuine operating leverage.
Revenue (TTM)₹20860.40 CrNo data
EBITDA of ₹2740.38 Cr and operating cash flow of —.
PEG ratio0.55Strong
P/E divided by expected growth. Only as reliable as that growth forecast, which is usually optimistic.

Per share & payout

The figures quoted per share, and how much profit is handed back to owners.

EPS (trailing)₹16.13No data
₹16.13 of profit earned per share over the last twelve months. Price divided by this is the trailing P/E.
Book value / share₹220.17No data
The accounting net worth behind each share is ₹220.17; price-to-book compares the market price with this.
Payout ratio61%Fair
Pays out 61% of profit as dividends and retains the rest. Above roughly 85% leaves little to reinvest and is hard to sustain through a weak year.
Enterprise value₹94603.74 CrNo data
Market cap plus net debt — closer to what an acquirer actually pays. Against a market cap of ₹94713.33 Cr.

Piotroski F-Score — financial quality

Nine yes/no tests of profitability, funding and efficiency across the last two years; higher is stronger. A test is dropped only where the data is missing, so the score is out of 9.

7/9

Positive net profit
Positive operating cash flow
Return on assets rising
Cash flow beats profit (low accruals)
Long-term debt not rising
Current ratio rising
No new shares issued
Gross margin rising
Asset turnover rising

ROIC — return on invested capital

NOPAT ÷ invested capital. What the business earns on all its capital, debt and equity — harder to flatter with leverage than ROE.

ROIC

8.1%

return on all capital

NOPAT

₹1638.46 Cr

operating profit after tax

Invested capital

₹20288.88 Cr

equity + debt − cash

A company creates value only when ROIC clears its cost of capital (WACC) — judge this figure against the company’s cost of capital, and watch the trend across years.

Altman Z-score — distress risk

Five weighted ratios in one bankruptcy early-warning number. Read the zone and, over time, the trend.

6.31

Distress

< 1.81

Grey

1.81 – 2.99

Safe

> 2.99

Comfortably in the safe zone — low near-term distress risk on this measure. Still worth tracking the trend.

Financial statements

Reported figures, most recent year first. All values in rupees.

	FY2026	FY2025	FY2024	FY2023
Revenue	₹20170.61 Cr	₹17508.41 Cr	₹15098.51 Cr	₹13659.81 Cr
Cost of revenue	₹12192.36 Cr	₹10333.16 Cr	₹8799.36 Cr	₹8291.19 Cr
Gross profit	₹7978.25 Cr	₹7175.25 Cr	₹6299.15 Cr	₹5368.62 Cr
Operating expenses	₹5804.19 Cr	₹5295.49 Cr	₹4388.96 Cr	₹3815.27 Cr
Operating income	₹2174.06 Cr	₹1879.76 Cr	₹1910.19 Cr	₹1553.35 Cr
Interest expense	₹137.03 Cr	₹290.20 Cr	₹129.81 Cr	₹87.16 Cr
Pre-tax income	₹2172.78 Cr	₹1776.55 Cr	₹1695.72 Cr	₹1793.56 Cr
Tax	₹535.28 Cr	₹396.24 Cr	₹394.73 Cr	₹447.04 Cr
Net profit	₹1542.30 Cr	₹1278.47 Cr	₹1150.33 Cr	₹1203.77 Cr

Sourced from the provider’s filing data. Always verify against the company’s own annual report before acting on anything.

How to read this page. The grades are simple heuristics applied to standard thresholds — they take no account of industry norms, business cycle position, or accounting policy. A bank will always look over-leveraged by these rules, and a cyclical will look cheap at the top of its cycle. Use them as prompts to investigate, never as conclusions.