- Tata Consumer’s net income for the third quarter was 2.79 billion rupees, unchanged from the previous year, but missed the market estimate of 3.45 billion rupees.
- The company’s revenue increased by 17% year-over-year to 44.4 billion rupees, exceeding the estimate of 44.1 billion rupees.
- Revenue from the India branded business grew by 19% year-over-year to 28.34 billion rupees, surpassing the forecasted 27.55 billion rupees.
- The international branded business segment saw a 16% year-over-year revenue growth, amounting to 11.92 billion rupees and beating the estimate of 10.99 billion rupees.
- The non-branded business revenue was 4.46 billion rupees, an 8.5% increase year-over-year but slightly below the expected 4.59 billion rupees.
- Total costs for the company rose by 22% year-over-year, reaching 40.9 billion rupees.
- Other income decreased by 13% year-over-year to 516 million rupees.
- Analysts’ recommendations include 24 buy ratings, 5 hold ratings, and 1 sell rating for Tata Consumer.
A look at Tata Consumer Products Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 3 | |
Dividend | 4 | |
Growth | 3 | |
Resilience | 4 | |
Momentum | 3 | |
OVERALL SMART SCORE | 3.4 |
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
Based on the Smartkarma Smart Scores for Tata Consumer Products, the company appears to have a positive long-term outlook. With a strong score of 4 in Dividend and Resilience, investors may find reassurance in the company’s ability to provide consistent returns and weather economic uncertainties. Additionally, a growth score of 3 indicates potential for expansion in the future, while a Value score of 3 suggests that the company may be reasonably priced in the market. Although the Momentum score is rated at 3, indicating a moderate level of market trend, the overall scores point towards a favorable outlook for Tata Consumer Products.
Tata Consumer Products Limited, a producer of food and beverages, offers a diverse range of products including tea, coffee, salt, oil, pulses, spices, and food items to customers globally. The company’s focus on delivering quality goods coupled with its international presence positions it well for long-term success. With solid scores in Dividend and Resilience, Tata Consumer Products showcases its commitment to rewarding shareholders and maintaining stability in various market conditions. The combination of these factors indicates a promising future for Tata Consumer Products in the competitive consumer goods industry.
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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