Tata Consumer Products Limited (TTAZF)
Tata Consumer Products Limited operates in the Packaged Foods industry of the Consumer Defensive sector, headquartered in Mumbai, IN. The stock last traded at $7.76, up 0.00% on the session, giving a market capitalisation of $8.77B. On trailing twelve-month figures it carries a trailing P/E of 64.24, a net margin of 7.8%. Its beta of 0.46 implies it has historically moved less than the broad market.
Founded in Mumbai, India, in 1962, Tata Consumer Products Limited operates as a diversified global entity specializing in the production and distribution of a wide array of consumer products. While historically recognized for its tea, coffee, and mineral water offerings, the company's portfolio has significantly expanded. Its market presence spans across India, Canada, the United States, the United Kingdom, continental Europe, the Middle East, South Africa, Australia, and numerous other international regions. Operations are structured into two key segments: Branded Business and Non-Branded Business. Beyond the processing and blending of tea, including the manufacturing of instant tea, its extensive product line now encompasses food ingredients, sweeteners, culinary salt, pulses, spices, various ready-to-drink and ready-to-eat items, grains such as poha and cereals, flour, snacks, besan, ready-to-cook meals, glucose-based ready-to-serve beverages, dry fruits, natural mineral water, packaged drinking water, functional beverages, and other packaged foods. Additionally, the company manages cafes under the Tata Cha brand. Its extensive brand portfolio features prominent names such as Tata Tea, Tata Coffee Grand, Tata Water Plus, Tata Gluco Plus, Tata Fruski, Tetley, Tata Tea 1868, Teapigs, Vitax, Laager, Good Earth, Eight O'Clock Coffee, Himalayan, Joekels, Tata Salt, Tata Soulfull, Tata Sampann, Sonnets by Tata Coffee, Good Earth Kombucha, Tata Q, and the Tata Starbucks collaboration, among many others. Formerly known as Tata Global Beverages Limited, the company adopted its current name, Tata Consumer Products Limited, in February 2020.
Tata Consumer Products Limited is most often compared with the following Consumer Defensive names: