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TATACONSUM - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.8

Last Updated Time : 19 Mar 26, 07:11 pm

Fundamental Rating: 3.8

Stock Code TATACONSUM Market Cap 1,05,956 Cr. Current Price 1,069 ₹ High / Low 1,221 ₹
Stock P/E 69.6 Book Value 174 ₹ Dividend Yield 0.77 % ROCE 10.0 %
ROE 7.84 % Face Value 1.00 ₹ DMA 50 1,134 ₹ DMA 200 1,127 ₹
Chg in FII Hold -0.88 % Chg in DII Hold 1.26 % PAT Qtr 307 Cr. PAT Prev Qtr 285 Cr.
RSI 37.2 MACD -21.2 Volume 11,13,333 Avg Vol 1Wk 17,83,688
Low price 945 ₹ High price 1,221 ₹ PEG Ratio 7.03 Debt to equity 0.05
52w Index 45.0 % Qtr Profit Var -46.1 % EPS 16.1 ₹ Industry PE 19.2

📊 Financial Overview

  • Revenue & Profit Growth: Quarterly PAT rose from ₹285 Cr. to ₹307 Cr., but YoY profit variation (-46.1%) shows earnings weakness.
  • Margins: ROE at 7.84% and ROCE at 10.0% reflect modest profitability and efficiency.
  • Debt: Debt-to-equity ratio of 0.05 indicates negligible leverage, ensuring financial stability.
  • Cash Flow: Supported by strong FMCG operations, though margins remain thin.

💹 Valuation Indicators

  • P/E Ratio: 69.6 vs Industry PE of 19.2 → significantly overvalued compared to peers.
  • P/B Ratio: Current Price ₹1,069 vs Book Value ₹174 → ~6.14x, reflecting premium valuation.
  • PEG Ratio: 7.03 → signals overvaluation relative to growth prospects.
  • Intrinsic Value: Estimated fair value near ₹950–1,000, suggesting current price is slightly overvalued.

🥤 Business Model & Competitive Advantage

  • Operates in FMCG with diversified portfolio including beverages, packaged foods, and staples.
  • Competitive advantage lies in Tata Group backing, strong brand recognition, and wide distribution network.
  • Exposure to both domestic and international markets provides scale and resilience.

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: Attractive between ₹950–1,000, closer to intrinsic value.
  • Long-Term Holding: Suitable for 5+ year horizon; strong brand and FMCG demand make it a solid long-term bet, though valuations are stretched.

✅ Positive

  • Strong brand presence under Tata Group.
  • Low debt-to-equity ratio (0.05) ensures financial stability.
  • DII holdings increased (+1.26%), reflecting domestic institutional confidence.

⚠️ Limitation

  • Weak ROE (7.84%) and ROCE (10.0%) highlight modest efficiency.
  • P/E ratio (69.6) is significantly higher than industry average.
  • PEG ratio (7.03) signals overvaluation relative to growth.

📉 Company Negative News

  • FII holdings decreased (-0.88%), showing reduced foreign investor confidence.
  • Profit variation (-46.1%) highlights earnings pressure.

📈 Company Positive News

  • DII holdings increased, reflecting domestic confidence.
  • Strong quarterly PAT growth compared to previous quarter.
  • Wide distribution network and diversified FMCG portfolio support resilience.

🏭 Industry

  • FMCG industry is resilient, driven by consumer demand and brand loyalty.
  • Industry PE at 19.2 shows sector is moderately valued compared to Tata Consumer’s premium.
  • Rising demand for packaged foods and beverages supports long-term growth.

🔎 Conclusion

Tata Consumer Products demonstrates strong brand presence, low debt, and stable operations, but weak ROE/ROCE and stretched valuations limit near-term attractiveness. Entry around ₹950–1,000 offers better risk-reward. Long-term investors can hold for 5+ years, benefiting from FMCG demand and Tata Group stability, though caution is advised due to premium valuation and earnings volatility.

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