Tata Consumer Annual Report Highlights - Growth Levers In Place: Motilal Oswal
Bags of Tata tea are arranged for a photograph in Mumbai. (Photographer: Scott Eells/Bloomberg News)

Tata Consumer Annual Report Highlights - Growth Levers In Place: Motilal Oswal

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Tata Consumer Products Ltd.’s FY21 annual report focuses on initiatives taken by the management to leverage the ‘Tata’ brand in creating capabilities for building a multicategory fast moving consumer goods company.

Some of these strategies include strengthening and accelerating the core business, exploring new opportunities, unlocking synergies, digitising the supply-chain, product portfolio expansion, and expanding its sales and distribution infrastructure.

Key highlights below:

  • Revenue from the India food business grew 18% YoY (to Rs 24.4 billion), which can be attributed to the 17% increase in the salt business in FY21, along with Tata Sampann whose portfolio grew 26%.

  • Ebit margin expanded by 300 basis point to 15.9% (or Rs 3.9 billion).

Click on the attachment to read the full report:

Motilal Oswal Tata Consumer Products Annual Report Update.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.