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Tata Consumer Products Limited (TATACONSUM) Fair Value & Analysis

Consumer Defensive · IN · Market cap ₹1.1T

TC Tata Consumer Products Limited TATACONSUM · NSE
Price₹1,090
Fair Value₹589.09
Upside-46.0%
Quality57/100
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Healthy Growth
Thin margins · 7.6% net margin
Low debt · generates free cash flow
0.92% dividend yield
Ranks above peers (9/15)
Moderate moat 45/100
Evidence: High Range ₹441.81 – ₹736.36 Share as image

Fair value as of: Jul 16, 2026

From 26 valuation models · updated 22 days ago

Fair value updated Jul 16, 2026, revised from ₹327.27 to ₹589.09 (+80.0%) since Jun 24, 2026. Share price −3.1% over the past month.

A solid business, but screening 46% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹736.36). The favourable scenario is already priced in.
  • Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

₹1,260 ₹599.81 Fair Value ₹589.09 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range ₹599.81 – ₹1,260 · fair‑value band ₹441.81 – ₹736.36 · the ₹1,090 price screens above the ₹589.09 fair value. Dashed = 300-day average. As of Jul 16, 2026.

Full chart & analysis →

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Analysis

Tata Consumer Products Limited (TATACONSUM) currently trades at ₹1,090, while our model-based Fair Value estimate is ₹589.09, implying the stock looks roughly 46.0% overvalued today. We read business quality at 57/100 (solid quality), in the Consumer Defensive sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Tata Consumer Products Limited generated revenue of ₹203B at a net margin of 7.6%. Revenue grew 17.9% year over year. It earns a return on equity of 6.9%. The balance sheet holds a net cash position of ₹6.0B. Fundamentals as of Jul 16, 2026

Our scenario range runs from ₹441.81 (bear case) to ₹736.36 (bull case); at ₹1,090, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 15% below its 52-week high and 9% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at 17% fair-value upside, at -46%, TATACONSUM screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF ₹292.34 ₹484.61 ₹821.34 80
Residual Income ₹182.52 ₹193.97 ₹211.82 76
Rev-Margin DCF ₹246.93 ₹391.66 ₹572.24 74
All 26 models by family
DCF Models
FCF DCF ₹291.25 ₹490.77 ₹839.46 38
Owner Earnings ₹258.57 ₹432.99 ₹737.80 31
5Y Revenue Exit ₹246.93 ₹393.65 ₹588.04 39
5Y EBITDA Exit ₹285.53 ₹470.79 ₹697.45 41
5Y P/E Exit ₹259.72 ₹419.21 ₹595.96 38
10Y Revenue Exit ₹252.75 ₹397.11 ₹607.95 36
10Y EBITDA Exit ₹285.46 ₹453.94 ₹698.90 37
10Y P/E Exit ₹268.18 ₹415.94 ₹614.54 35
Earnings-Based
Graham-Dodd ₹105.97 ₹438.55 ₹597.66 54
Lynch FV ₹110.62 ₹158.02 ₹205.43 50
PEG = 1.0 ₹110.62 ₹158.02 ₹205.43 46
EPV ₹196.20 ₹225.26 ₹251.09 59
Dividend Discount
Gordon GGM ₹79.73 ₹174.06 ₹292.87 70
DDM Multi-Stage ₹79.73 ₹142.59 ₹181.40 61
Multiples
P/E Multiple ₹233.76 ₹311.69 ₹389.61 63
P/S Multiple ₹198.70 ₹264.93 ₹331.17 58
P/B Multiple ₹198.70 ₹264.93 ₹331.17 55
EV/EBIT ₹326.86 ₹425.31 ₹523.76 53
EV/EBITDA ₹306.56 ₹398.24 ₹489.92 54
EV/Revenue ₹230.60 ₹315.92 ₹401.24 43
Asset-Based
NCAV (Graham) ₹110.08 ₹147.50 ₹220.15 50
Growth DCF
Growth DCF ₹292.34 ₹484.61 ₹821.34 80
Rev-Margin DCF ₹246.93 ₹391.66 ₹572.24 74
Economic Profit
Residual Income ₹182.52 ₹193.97 ₹211.82 76
ROIC Compounder ₹196.20 ₹231.22 ₹297.50 72
Growth Earnings
Growth-Adj P/E ₹184.61 ₹263.74 ₹342.86 68

Widest divergence: DCF Models (₹419.21) versus Dividend Discount (₹142.59). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) ₹203B
Revenue growth (YoY) +17.9%
Net margin 7.6%
Return on equity 6.9%
Free cash flow ₹19.7B FY2026
P/E ratio 70.6
More key figures
Operating margin 11.2%
EPS (TTM) ₹15.41
Dividend yield 0.9%
EPS growth (YoY) +21.5%
Net cash ₹6.0B FY2026

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 57/100

Of which business quality 60 · Market factors (momentum, volatility) 54

Profitability 37
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 62
Earnings quality: real cash, not paper profit
Fin. Strength 85
Balance sheet, leverage, solvency risk
Investment 58
Disciplined investing over empire-building
Low Volatility 91
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 36
Distance to the 52-week high (market factor)
Net Issuance 65
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Tata Consumer Products Limited, together with its subsidiaries, manufactures, distributes, and trades in food products in India, the United States, the United Kingdom, and internationally. It operates through Branded Business and Non Branded Business segments.

Full company description

Tata Consumer Products Limited, together with its subsidiaries, manufactures, distributes, and trades in food products in India, the United States, the United Kingdom, and internationally. It operates through Branded Business and Non Branded Business segments. The company provides tea, coffee, water, salt, pulses, spices, snacks, ready-to-eat packaged and processed food products, ready to cook, ready to drink beverages, breakfast cereals, sauces, instant masala noodles, meal solutions, staples, mini-meals, breakfast, chilli ginger garlic paste, cooking aids and condiments, dry fruits, floor and millets, honey, chutneys, and cold-pressed oils. It also offers health supplements; glucose and jelly drinks; juices; food; and out-of-home consumptions products. The company provides its products primarily under the Tata Tea, Tata Tea Premium, Tetley, 1868 by Tata Tea, Organic India, Tata Coffee Grand, Tata Coffee Gold, Tata Coffee Quick Filter, Sonnets by Tata Coffee, Tata Salt, Tata Sampann, Smith & Jones, Tata Soulfull, Himalayan honey and preserves, Ching's Secret, Tata Simply Better, Himalayan water, Tata Copper+, Tata Gluco+, Tata Coffee Grand Cold Coffee, Zip Zap, Tetley Ready-To-Drink Green Tea, Tata Starbucks, Tata Consumer Specialist Solutions, Tata MyBistro, Good Earth, Teapigs, Eight O'Clock, Vitax, Himalayan, Laager, Tea4Kidz, Tea time, Society Coffee, Phendula, Teeco, Southalls, Tata Tea Gold, Kanan Devan, Chakra Gold, Tata Tea Agni, Joekels, Tata Coffee Cold Coffee, Tata Fruski, Tata GoFit, Himalayan Honey & Preserves, Himalayan Saffron, and Tata MyBistro Vending brands. The company was formerly known as Tata Global Beverages Limited and changed its name to Tata Consumer Products Limited in February 2020. Tata Consumer Products Limited was incorporated in 1962 and is based in Mumbai, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Tata Consumer Products Limited reported revenue of ₹203B in FY2026 versus ₹124B in FY2022, a compound +13.0%/yr. Reported net income was ₹15.4B in FY2026, compounding +13.3%/yr from FY2022.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹203B
Latest YoY
+15.2%
Avg. growth/yr (3Y)
+13.8%
Avg. growth/yr (5Y)
+11.8%
Avg. growth/yr (22Y)
+9.0%
Revenue +13.0%/yr
FY22 ₹124B
FY23 ₹138B
FY24 ₹152B
FY25 ₹176B
FY26 ₹203B
Net income +13.3%/yr
FY22 ₹9.4B
FY23 ₹12.0B
FY24 ₹11.5B
FY25 ₹12.8B
FY26 ₹15.4B

TATACONSUM screens 46% overvalued. Compare with Nestlé India Limited →

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Cite: Fair Value Calculator (2026). "Tata Consumer Products Limited Fair Value". https://www.fairvalue-calculator.com/stock/TATACONSUM

Peer Group

Packaged Foods · 650 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 57 · Above median
Fair Value upside −46% · Bottom 25%
Return on equity (TTM) 7% · Above median
Return on assets 4% · Above median
Net margin (TTM) 8% · Above median
Operating margin (TTM) 11% · Above median
Revenue growth 18% · Top 25%
Dividend yield (TTM) 0.9% · Below median
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/E (TTM) 70.6× · Pricier than 75% of peers
P/B 4.94× · Pricier than 75% of peers
P/S (TTM) 5.31× · Pricier than 75% of peers
P/FCF 0.6× · Cheaper than median
EV/EBITDA 39.7× · Pricier than 75% of peers
PEG 0.55× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 30
FUTURE 90 · sector 20
PAST 28 · sector 27
HEALTH 99 · sector 96
DIVIDEND 18 · sector 47

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Nestlé India Limited NESTLEIND ₹1,427 ₹362.37 -75%
Britannia Industries Limited BRITANNIA ₹5,413 ₹1,870 -65%
PT Indofood CBP Sukses Makmur Tbk ICBP 6,650 IDR 15,757 IDR +137%
Samyang Foods Co 003230 1,139,000 KRW 1,010,543 KRW -11%
Patanjali Foods Limited PATANJALI ₹413.80 ₹157.04 -62%
Vietnam Dairy Products Joint Stock Company VNM 58,500 VND 68,259 VND +17%
PT Mayora Indah Tbk, MYOR 1,750 IDR 2,699 IDR +54%
PT Cisarua Mountain Dairy Tbk CMRY 4,490 IDR 4,355 IDR -3%
Nongshim Co 004370 348,500 KRW 530,619 KRW +52%
PT Siantar Top Tbk, STTP 10,300 IDR 15,316 IDR +49%

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Frequently asked questions

Is Tata Consumer Products Limited (TATACONSUM) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of ₹589.09 versus a price of ₹1,090, about −46% (overvalued).
What is the fair value of TATACONSUM?
Our model-based fair value for Tata Consumer Products Limited is ₹589.09 (as of Jul 16, 2026), built from audited fundamentals. The current price is ₹1,090.
What is the quality score of TATACONSUM?
Tata Consumer Products Limited has a Quality Score of 57/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Tata Consumer Products Limited (TATACONSUM)?
Tata Consumer Products Limited reported trailing-twelve-month revenue of about ₹203B (latest available figure, as of Jul 16, 2026).
What is the net profit margin of TATACONSUM?
The net profit margin of Tata Consumer Products Limited is about 7.6%, meaning it keeps roughly 7.6% of revenue as net income. Based on the latest reported figures.
Does Tata Consumer Products Limited pay a dividend?
Tata Consumer Products Limited currently shows a dividend yield of about 0.87% relative to its recent price (as of Jul 16, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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