Tata Consumer Products Ltd

Regulatory update

• Encloses communication to identified shareholders under Regulation 30 LODR, per Feb 6, 2026 circular.
• Communication is available on Tata Consumer Products website.
• The filing confirms compliance with applicable SEBI Listing Regulations.

ESG rating update

• ESG ratings for FY 2025-26 and FY 2024-25 are 61/100 and 63/100, respectively.
• Company did not engage NSE Sustainability; report prepared independently from public-domain data.
• Information is available on Tata Consumer Products' website.
• Disclosure made to comply with SEBI Listing Regulations.
• Based on information received August 10, 2026.

Meeting schedule

• Aug 19, 2026: Motilal Oswal 22nd Annual Global Investor Conference, Mumbai; one-on-one meeting.
• Sept 2, 2026: Ashwamedh - Elara India Dialogue 2026, Mumbai; group meetings.
• Sept 18, 2026: Jefferies 5th India Forum, Gurgaon; meetings.
• Sept 22, 2026: J.P. Morgan India Conference, Mumbai; company representatives to attend.

Financial Performance

• Consolidated revenue grew 12% YoY to INR 5,349 crores.
• EBITDA rose 19% YoY; margin expanded 70 bps to 13.6%.
• Net profit rose 29% to INR 427 crores; EPS 4.31.
• Adjusted EPS (excluding brand amortization) 4.67 per share.
• India Salt revenue exceeded INR 1,000 crores; Salt grew 7%.
• India Tea & Coffee revenue INR 1,200 crores; down 4%.
• Growth businesses revenue INR 1,300 crores; up 47%.
• International CC growth 3%; reported growth 16%; revenue INR 1,245 crores.
• Non-branded revenue near INR 500 crores; CC down 10%.
• Consolidated CC revenue up 9%; reported 12%.
• 14 new products launched; robust pipeline.

Segment Trends

• Growth businesses now over one-third of India revenue; up 47% YoY.
• Sampann grew 58% with broad-based volume growth.
• RTD revenue rose 41%; Capital Foods and Organic India up 35% combined.
• US business grew 7% CC; share gains maintained.
• International performance CC up 3%; reported 16%.
• Starbucks quarter strong; Teapigs and Good Earth growing.
• Canada revenue flat; value share improving.
• Non-branded and coffee prices corrections weighed margins; hedging helped.

Margins and Costs

• India margins improved with tea; offset by inflation and higher A&P.
• FX losses weighed quarter margins.
• A&P expense rose; cost inflation largely passed through.
• US coffee price normalization supports international margins.
• Overall target: 50–70 bps EBITDA margin expansion for the year.

Q&A Highlights

• Organic India and Capital Foods mainly in-house; Sampann largely outsourced.
• If scale justifies, we may bring more in-house.
• Inflation pass-through expected; pricing in June began; further hikes if necessary.
• Growth-portfolio aspiration remains 25–30% long-term; 30% target.
• Capital Foods and Organic India to achieve 25–30% growth going forward.
• Edible oil remains premium-focused; base edible oil not pursued aggressively.
• Sampann margins aided by scale and operating leverage; headcount stable.
• Tata Water Plus: 75% nationwide availability; real distribution 40–50%.
• Tata Soulfull grew 45% this quarter; protein muesli launched.
• Tea pricing: inflation 7–10%; calibrated June pricing; plan to raise if trend persists.

Outlook and Guidance

• Growth portfolio target remains about 30% growth; occasional outperformance.
• Long-term Indian food margin target 17–20%; glide path to that.
• Tea and Salt gross margins expected 33–36%; mix to be managed.
• Overall EBITDA margin expansion guidance: 50–70 bps for the year.

Meeting Details

• Date and time: Friday, July 24, 2026 at 18:30 IST.
• Type and mode: Group conference call; virtual with webcast.
• Event/organiser: Q1 FY27 Results Conference Call.

Participants

• Managing Director and Chief Executive Officer represented.
• Group Chief Financial Officer represented.
• Executive Director and Chief Operating Officer represented.
• Head of Investor Relations and Corporate Communications represented.

Purpose

• Purpose: Earnings results discussion for quarter ended June 30, 2026.

Additional Notes

• Webcast and dial-in options will be available.

Meeting Details

• Date scheduled: July 24, 2026 (time and venue not disclosed).

Key Agenda Items

• Consider and approve unaudited standalone and consolidated financial results for quarter ended June 30, 2026; Limited Review Reports.

Other Notes

• Trading window closed from June 24, 2026 until 48 hours after results are declared.