Tata Consumer - Gross Margin Pressure Likely To Ease In Coming Quarters: Motilal Oswal
Tata Consumer Products 

Tata Consumer - Gross Margin Pressure Likely To Ease In Coming Quarters: Motilal Oswal

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Motilal Oswal Report

Tea prices in North India increased (45% YoY) to Rs 229/kilogram over April-December 2020 (versus Rs 158/kilogram during the same period last year).

However, prices have cooled off by 40% from the peak of Rs 284/kg in August 2020 to Rs 171/kg in January 2021.

In this note, we have analyzed the impact of the fall in tea prices on Tata Consumer Products Ltd in the near term. Here are the key insights -

Production of North India tea (Assam and West Bengal), which accounts for 84% of the country’s tea production, was impacted due to the Covid-19-led lockdown and floods.

Click on the attachment to read the full report:

Motilal Oswal Tata Cosumer Products Company Update.pdf

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