Earnings Alerts

Tata Consumer Products (TATACONS) Earnings Report: 4Q Net Income Misses Estimates Amid Exceptional Loss

Tata Consumer recorded a net income of 2.17 billion rupees in 4Q, which is a decrease by 20% as compared to the same period last year.

Expectations were a net income of 3.43 billion rupees for 4Q, hence the reality of the situation did not meet the estimates.

Revenue was reported to be 39.3 billion rupees, showing an increase of 8.6% y/y, which slightly missed the estimated 40.02 billion rupees.

Revenue from the Indian branded business stood at 24.8 billion rupees, a growth of 10% year on year.

International branded business revenue was reported as 10.5 billion rupees, a 6.7% increase y/y, exceeding the estimate of 9.93 billion rupees.

Non-branded business revenue generated 4.02 billion rupees, a 4.4% increase y/y and over the estimate of 3.68 billion rupees.

The company’s total costs amounted to 34.6 billion rupees, a 7.5% increase from the previous year.

Other income for the quarter stood at 384.5 million rupees, reporting a decrease by 30% year on year.

4Q analysis included INR2.16B Exceptional Loss.

The stocks suggestion was 19 buys, 6 holds, and 2 sells.


A look at Tata Consumer Products Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth3
Resilience4
Momentum4
OVERALL SMART SCORE3.4

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

Tata Consumer Products Limited, a company known for producing a wide range of food and beverage products, has been evaluated based on the Smartkarma Smart Scores system. With a solid score in dividends, growth, resilience, and momentum, Tata Consumer Products is positioned well for the long term. The company’s high score in dividends indicates a stable payout to shareholders, while its strong resilience and momentum scores suggest a robust and progressive business model. Although the score for value is not as high, Tata Consumer Products‘ overall outlook appears promising, reflecting a company with growth potential in the food and beverage industry.

Summary: Tata Consumer Products Limited, a global provider of tea, coffee, spices, and food products, stands out with favorable scores in dividends, growth, resilience, and momentum according to the Smartkarma Smart Scores. With a diversified product line and a strong presence serving customers worldwide, Tata Consumer Products is poised for sustainable growth and stability in the long run.


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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