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TATACONSUM - Investment Analysis: Buy Signal or Bull Trap?

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Rating: 2.9

Last Updated Time : 05 Feb 26, 08:34 am

Investment Rating: 2.9

Stock Code TATACONSUM Market Cap 1,14,248 Cr. Current Price 1,153 ₹ High / Low 1,221 ₹
Stock P/E 75.1 Book Value 174 ₹ Dividend Yield 0.72 % ROCE 10.0 %
ROE 7.84 % Face Value 1.00 ₹ DMA 50 1,161 ₹ DMA 200 1,126 ₹
Chg in FII Hold -0.88 % Chg in DII Hold 1.26 % PAT Qtr 307 Cr. PAT Prev Qtr 285 Cr.
RSI 49.0 MACD -11.7 Volume 11,66,050 Avg Vol 1Wk 18,56,784
Low price 930 ₹ High price 1,221 ₹ PEG Ratio 7.58 Debt to equity 0.05
52w Index 76.5 % Qtr Profit Var -46.1 % EPS 16.1 ₹ Industry PE 13.9

📊 Analysis: TATACONSUM shows moderate fundamentals but trades at expensive valuations. ROE at 7.84% and ROCE at 10.0% are below compounding benchmarks. The P/E of 75.1 is significantly higher than the industry average of 13.9, suggesting steep overvaluation. PEG ratio of 7.58 highlights growth priced at a premium. Dividend yield of 0.72% provides limited passive returns. Technicals show neutral momentum with RSI at 49.0 and MACD negative. The ideal entry zone lies between 930–1,000 ₹ for margin of safety. For existing holders, a medium-term horizon is viable, but partial profit booking near 1,200–1,220 ₹ resistance is advisable unless profitability improves.

✅ Positive

  • Large market cap of 1,14,248 Cr. ensures stability and leadership in FMCG.
  • Low debt-to-equity ratio (0.05) indicates strong financial discipline.
  • DII holdings increased by 1.26%, showing domestic investor confidence.
  • Quarterly PAT growth (307 Cr. vs 285 Cr.) shows sequential improvement.
  • EPS of 16.1 ₹ provides valuation support.

⚠️ Limitation

  • Low ROE (7.84%) and ROCE (10.0%) limit long-term compounding potential.
  • High P/E (75.1) compared to industry average (13.9).
  • PEG ratio of 7.58 highlights expensive growth valuation.
  • Dividend yield of 0.72% is modest.
  • FII holdings decreased by -0.88%, showing reduced foreign confidence.

📉 Company Negative News

  • Quarterly profit variation at -46.1% indicates earnings pressure.
  • MACD at -11.7 suggests bearish sentiment.
  • Stock trading near 76.5% of 52-week index range, limiting upside potential.

📈 Company Positive News

  • Sequential PAT growth shows operational resilience.
  • Domestic institutional investors increasing stake.
  • Strong brand presence in FMCG sector supports long-term demand.

🏭 Industry

  • FMCG sector benefits from steady demand and consumption growth.
  • Industry P/E at 13.9 suggests TATACONSUM trades at a steep premium.
  • Structural drivers: packaged foods, beverages, and rising consumer spending.

🔎 Conclusion

TATACONSUM earns a rating of 2.9 due to weak ROE/ROCE and expensive valuations despite strong brand presence and modest dividend yield. Long-term investors should only consider entry in the 930–1,000 ₹ zone for margin of safety. Current holders may adopt a medium-term horizon, with partial profit booking near 1,200–1,220 ₹ resistance unless profitability improves. The stock remains a consumption-driven play but is not a strong long-term compounding candidate at current valuations.

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