Tata Consumer Products Limited · NSE:TATACONSUM
Tata Consumer Products — Q2 FY26 Earnings Presentation
38 slides from Tata Consumer Products's earnings presentation, Nov 3, 2025
Slide 1: Exchange filing cover letter
G November 3, 2025 TATA National Stock Exchange of India BSE Limited The Calcutta Stock Limited Phiroze Jeejeebhoy Towers Exchange Limited Exchange Plaza, C-1, G Block Dalal Street 7 Lyons Range Bandra Kurla Complex, Bandra (E) Mumbai 400 001 Kolkata 700 001 Mumbai 400 051 Scrip Code – 10000027 Scri
Slide 2: Investor Presentation
fr.TATA Investor Presentation For the quarter ended September 2025 TATA CONSUMER PRODUCTS 3rd November 2025
Slide 3: Disclaimer
TATA CONSUMER PRODUCTS Disclaimer Certain statements made in this presentation relating to the Company’s objectives, projections, outlook, expectations, estimates, among others may constitute ‘forward-looking statements’ within the meaning of applicable laws and regulations. Actual results may diffe
Slide 4: Agenda
TATA CONSUMER PRODUCTS Agenda 02 03 Executive summary Performance overview Progress against strategic priorities 04 05 06 Macro environment Business performance Financial performance 07 Other 33
Slide 5: We are Tata Consumer Products
TATA CONSUMER PRODUCTS We are Tata Consumer Products In a nutshell Integrated F&B company #2 branded tea player ~~~ with rich heritage of Tata, globally I aspiring for a larger share of the FMCG World ₹ 17.6k crore consolidated Reach of 275mn+ Largest salt brand in India 2nd Largest tea brand 3rd la
Slide 6: Executive Summary
TATA CONSUMER PRODUCTS Executive Summary ❑ During Q2FY26, consolidated revenue grew 18% YoY. India branded business reported a 14% UVG. ❑ Core India business saw second consecutive quarter of double-digit growth in both tea and salt. ❑ There was significant sequential acceleration in ‘Growth’ busine
Slide 7: Performance Overview
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Slide 8: Key Businesses Snapshot – Q2FY26
TATA CONSUMER PRODUCTS Key Businesses Snapshot – Q2FY26 In ₹ Cr India Beverages India Foods International Non-Branded Consolidated (unless specified) Revenue 1,586 1,632 1,170 590 4,966 Revenue growth 15% 19% 15% 28% 18% Constant currency growth 9% 26% 16% tti!Jl~ TATA Key Brands SOULruu, teapigs. ~
Slide 9: Key Businesses Snapshot – H1FY26
TATA CONSUMER PRODUCTS Key Businesses Snapshot – H1FY26 In ₹ Cr India Beverages India Foods International Non-Branded Consolidated (unless specified) Revenue 3,233 3,166 2,245 1,126 9,745 Revenue growth 11% 17% 12% 17% 14% Constant currency growth 7% 16% 12% tti!Jl~ TATA Key Brands SOULruu, teapigs.
Slide 10: Summary of Group Performance – Q2FY26
TATA CONSUMER PRODUCTS Summary of Group Performance – Q2FY26 ₹ 4,966 Cr. ₹ 675 Cr. ₹ 523 Cr. ₹ 407 Cr. ₹ 407 Cr. ₹ 968 Cr. Group Net Group Net Revenue EBITDA PBT (bei)^ Net Cash$ Profit (bei)^ Profit Growth (YoY) 18% 7% 23% 5% 11% Margin 13.6% 10.5% 8.2% 8.2% Margin expansion (YoY) -130bps +40bps -1
Slide 11: Summary of Group Performance – H1FY26
TATA CONSUMER PRODUCTS Summary of Group Performance – H1FY26 ₹ 9,745 Cr. ₹ 1,291 Cr. ₹ 989 Cr. ₹ 738 Cr. ₹ 738 Cr. ₹ 968 Cr. Group Net Group Net Revenue EBITDA PBT (bei)^ Net Cash$ Profit (bei)^ Profit Growth (YoY) 14% -1% 11% 7% 12% Margin 13.2% 10.1% 7.6% 7.6% Margin expansion (YoY) -200bps -30bps
Slide 12: Progress against Strategic Priorities
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Slide 13: Strategic Priorities
TATA CONSUMER PRODUCTS Strategic Priorities Strengthen core & Build on new Drive execution Create a Drive digital & Embed accelerate growth opportunities excellence future-ready innovation sustainability businesses everyday organization 12
Slide 14: Strengthen core & accelerate growth businesses
Strengthen core & accelerate growth businesses ~ -------- TATA CONSUMER PRODUCTS India Business – Fueling our brands across businesses A&P-to-Sales* Q2FY26 7.4% MAT Market share – Salt Gillhi!Piklll ill] Value Flat1 e MAT Market share – Tea DDD ~ Value -80 bps1 * India business 1 Source: Nielsen – M
Slide 15: ‘Growth’ Businesses – Delivering in line with our aspiration
Ci) _ _core Strengthen _& accelerate _ _growth _businesses __ TATA CONSUMER PRODUCTS ‘Growth’ Businesses – Delivering in line with our aspiration Growth Businesses as a % of India Business 32% Combined YoY 28% 29% revenue growth Q2FY26 18% 15% 10% 8% 27% -6% FY20 r FY21 r FY22 FY23 T FY24 r FY25 r Q
Slide 16: New product launches during the quarter
Drive Digital & Innovation TATA CONSUMER PRODUCTS New product launches during the quarter 15
Slide 17: Strengthening Our Commitment to Responsible Business Practices
Embed sustainability TATA CONSUMER PRODUCTS Strengthening Our Commitment to Responsible Business Practices ❖ Achieved a notable improvement in the S&P DJSI assessment for FY25, scoring 71/100 over the previous year’s score of 65. ❖ Released the Tata Consumer Products Human Rights Code of Practice, a
Slide 18: Macro environment
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Slide 19: Key Commodities’ movement
TATA CONSUMER PRODUCTS Key Commodities’ movement Tea Coffee N. India Tea (INR/kg) S. India Tea (INR/kg) Kenya Tea ($c/kg) Arabica Coffee ($c/lbs) Robusta Coffee ($c/lbs) 250 374 364 229 342 217 221 204 195 180 285 212 214 215 208 207 200 193 245 210 221 208 152 246 190 146 174 222 220 217 133 137 15
Slide 20: Business performance – Q2FY26
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Slide 21: India Packaged Beverages
TATA CONSUMER PRODUCTS India Packaged Beverages Performance commentary • Revenue for the quarter grew 12%, with 5% volume growth. +12% • Growth was broad-based across brands and segments. Net Revenue • Margins showed a healthy recovery, supported by favourable input costs beginning to flow through.
Slide 22: India Foods
TATA CONSUMER PRODUCTS India Foods Performance commentary • Salt revenue grew 16% during the quarter, backed by strong 9% +19% volume growth. Net Revenue • Value-added salts grew 23% in Q2. • Tata Sampann delivered a notable 40% sales growth during the quarter. New launches and innovations continue
Slide 23: Ready-to-Drink (RTD)
TATA CONSUMER PRODUCTS Ready-to-Drink (RTD) Performance commentary PEACE IN A BOTTLE • In Q2FY26, RTD delivered 31% volume growth and 25% value growth 192Cr despite headwinds from unseasonal rains and heightened competitive intensity. Net revenue • Tata Copper+ sustained its strong performance, reco
Slide 24: Capital Foods & Organic India
TATA CONSUMER PRODUCTS Capital Foods & Organic India Performance commentary • Capital Foods and Organic India grew 16% in Q2FY26 on a combined 223Cr basis (including international operations). Capital Foods • Capital Foods’ sales, especially in Modern Trade, were adversely Revenue impacted in Septem
Slide 25: Non-branded Business
TATA CONSUMER PRODUCTS Non-branded Business .r. TATA Performance commentary • Revenue for the quarter grew 26%#. • The Solubles business grew 34%# while Plantations delivered 17% growth. +26%# • After a brief hiatus, coffee prices began climbing higher during the Revenue Growth quarter. • Profitabil
Slide 26: Tata Starbucks (JV)
TATA CONSUMER PRODUCTS Tata Starbucks (JV) Performance commentary • Revenue for the quarter grew 8% YoY with a positive same store sales 7 growth (SSSG). Net new stores • Added 7 new stores in Q2, with footprint growth across both, metros and smaller cities, including new store formats. opened durin
Slide 27: International operations
TATA CONSUMER PRODUCTS International operations UK USA (+) Canada ➢ Revenue for the quarter declined 5%, ➢ The US business registered a 21% ➢ Revenue for the quarter grew 7%, cycling a high base. growth YoY. primarily driven by growth in specialty. ➢ Teapigs penetration expanded ➢ Eight O’clock cont
Slide 28: Financial Performance
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Slide 29: Performance Highlights – Q2FY26
TATA CONSUMER PRODUCTS Performance Highlights – Q2FY26 Standalone (in ₹ Cr) Consolidated (in ₹ Cr) Consolidated revenue grew 18% (16% in constant currency terms) to ₹4,966 Cr. Revenue from ❑ India business grew 18%. operations 752 549 ❑ International business delivered 9% constant currency (CC) grow
Slide 30: Performance Highlights – H1FY26
TATA CONSUMER PRODUCTS Performance Highlights – H1FY26 Standalone (in ₹ Cr) Consolidated (in ₹ Cr) Consolidated revenue grew 14% (12% in constant currency terms) to ₹9,745 Cr. Revenue from 1,178 ❑ India business grew 14%. operations 876 ❑ International business delivered 7% constant currency □ +14%
Slide 31: Financials: Consolidated
TATA CONSUMER PRODUCTS Financials: Consolidated Quarter ended Sep’25 Profit and Loss statement Year-to-date Sep’25 Q2FY26 Q2FY25 Change % (all nos. in ₹ Crores) H1FY26 H1FY25 Change % 4,966 4,214 18% Revenue from operations 9,745 8,567 14% 675 629 7% EBITDA 1,291 1,300 -1% 13.6% 14.9% % 13.2% 15.2%
Slide 32: Financials: Standalone
TATA CONSUMER PRODUCTS Financials: Standalone Quarter ended Sep’25 Profit and Loss statement Year-to-date Sep’25 Q2FY26 Q2FY25 Change % (all nos. in ₹ Crores) H1FY26 H1FY25 Change % 3,595 3,046 18% Revenue from operations 7,124 6,248 14% 437 343 27% EBITDA 840 755 11% 12.2% 11.3% % 11.8% 12.1% 382 2
Slide 33: Segment-wise Performance Q2FY26
TATA CONSUMER PRODUCTS Segment-wise Performance Q2FY26 Particulars Segment Revenue Segment Results Revenue – Branded business ₹ Cr Q2 FY26 Q2 FY25 Change Q2 FY26 Q2 FY25 Change India Business International Business 3,122 1,288 2,655 1,116 18% 15% 359 148 243 167 47% -12% -- 71% 29% India Business In
Slide 34: Segment-wise Performance H1FY26
TATA CONSUMER PRODUCTS Segment-wise Performance H1FY26 Particulars Segment Revenue Segment Results Revenue – Branded business ₹ Cr H1 FY26 H1 FY25 Change H1 FY26 H1 FY25 Change India Business International Business 6,248 2,433 5,470 2,162 14% 13% 649 302 569 343 14% -12% -- 72% 28% India Business In
Slide 35: Q&A
TATA CONSUMER PRODUCTS Q&A Quarter Ended June’20 ~ TATA a ~ souLruu, PR~J~ M = ·•::::. ...., UTTAII PRADESH 34
Slide 36: Other
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Slide 37: Shareholding information
TATA CONSUMER PRODUCTS Shareholding information Quarter Ended June’20 Pattern as on 30th September 2025 Stock data BSE Ticker 500800 Others 2% Individual NSE Ticker TATACONSUM 19% Promoter and Market Capitalization (Sep 30, 2025) ₹ 111.7k Cr promoter Group 34% Number of Shares Outstanding 98.95 Cr M
Slide 38: Thank You
TATA CONSUMER PRODUCTS Thank You For more information Institutional investors – Contact Nidhi Verma Head – Investor Relations & Corporate Communication nidhi.verma@tataconsumer.com Kaiwan Olia Senior Manager – Investor Relations Kaiwan.olia@tataconsumer.com Retail investors - Contact Call us at inve
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