Brands
Tata Consumer Products reports Rs 14,700 crore revenue in FY26
Improved margins and stable balance sheet support growth story
MUMBAI: Tata Consumer Products has delivered a robust financial performance for the fiscal year ending March 31, 2026, marked by double-digit revenue growth and a significant increase in shareholder payouts. The company’s standalone revenue for the year reached Rs 14,700.05 crore, an increase from the Rs 12,801.85 crore reported in the previous year.
The final quarter of the year saw a revenue of Rs 3,891.76 crore, representing a 16 per cent growth compared to the same period last year. Net Profit after Tax (PAT) for the full year rose to Rs 1,635.15 crore, up from Rs 1,254.75 crore in the prior fiscal year.
In light of these results, the Board of Directors has recommended a dividend of 1,000 per cent, amounting to Rs 10 per equity share (face value of Rs 1). Pending shareholder approval at the 63rd Annual General Meeting, the dividend will be paid on or after June 15, 2026.
The company’s focus on operational discipline was reflected in its key financial metrics:
- Operating margin: Improved from 9.41 per cent to 10.92 per cent.
- Debt-to-equity ratio: Maintained at a conservative 0.04, indicating a strong balance sheet.
- Inventory turnover: Increased to 7.19, up from 6.94, suggesting improved supply chain efficiency.
- Current ratio: Stood at 1.40, ensuring sufficient liquidity to meet short-term obligations.
The annual results included a net exceptional cost of Rs 16.17 crore. This figure accounts for several factors, including a Rs 20.15 crore impact from statutory changes related to new Labour Codes in India and a Rs 21.05 crore impairment of an investment in an associate.
These costs were offset by a Rs 56.12 crore gain from the fair valuation of contingent considerations and a Rs 35.25 crore profit from the sale of non-core assets. Additionally, the company incurred Rs 35.34 crore in costs related to schemes of arrangement and acquisitions.
With total assets valued at Rs 22,629.90 crore and a net worth of Rs 17,043.20 crore, Tata Consumer Products enters the new financial year in a stable position. The management highlighted that while coffee costs remained volatile, the business benefited from lower tea cost inflation and improved performance across its branded segments globally.
