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Time of India
27-05-2025
- Business
- Time of India
Tata Consumer acquisitions report double-digit revenue growth in FY'25
HighlightsTata Consumer Products Limited reported that the acquired brands Capital Foods and Organic India achieved combined sales of Rs 1,173 crore for the financial year 2024-25. Capital Foods, known for the popular Ching's Secret brand, generated a revenue of Rs 799 crore and a profit of Rs 119 crore, while Organic India reported a revenue of Rs 374 crore with a loss of Rs 1.93 crore. Following the integration of Capital Foods and Organic India, Tata Consumer Products Limited has streamlined operations and explored new market opportunities, particularly in the organic products sector with a focus on wellness portfolio expansion. Capital Food and Organic India brands, which were acquired by Tata Consumer Products Ltd (TCPL) a year ago, have reported a double-digit revenue growth in FY2024-25, according to the latest annual report of the company. "Both the brands "achieved combined sales of Rs 1,173 crore, with Capital Foods revenue at Rs 799 crore and Organic India revenue at Rs 374 crore," the Tata group's FMCG arm said in its report. Both delivered strong gross margins, supported by synergies that also drove EBITDA margin expansion year-on-year, it added. TCPL in January 2024 acquired Capital Foods, which owns popular Ching's Secret brand, and Fab India-backed Organic India for a combined enterprise value of Rs 7,000 crore. Capital Foods reported a profit of Rs 119 crore, while Organic India had a loss of Rs 1.93 crore for the financial year which ended on March 31, 2025. Capital Food's revenue for the financial year ended March 31, 2023, was Rs 705.5 crore and Organic India's revenue was Rs 324.4 crore. TCPL said the recent acquisition of Capital Foods and Organic India has further boosted its product portfolio. It has integrated logistics and warehousing for Capital Foods and Organic India to streamline operations and reduce costs. "With the integration complete and businesses stabilised during the year, we were able to capitalise on the synergy benefits and scale the businesses," it said. Capital Foods continues to build growth momentum with targeted innovation, market innovation, expansion into white spaces and strategic brand collaboration. Its operating margin witnessed growth despite higher investment behind brands including collaboration with PepsiCo India's Kurkure to create a breakthrough limited edition snack that combined its signature Schezwan flavours with Kurkure's iconic texture, this was combined with a high energy media and other marketing campaigns. While for Organic India, TCPL is exploring alternate channels also. "With growing consumer demand for organic products, Organic India can leverage this opportunity, through wellness portfolio expansion and strengthening the brand equity and consumer connect. We are strategically building future ready channels like Pharma and Food Services to drive long term growth," it said.
Business Standard
24-04-2025
- Business
- Business Standard
Tata Consumer drops as margin shrink to 13.6% in Q4 FY25; Q4 PAT climbs 52% YoY
Tata Consumer Products declined 1.57% to Rs 1,132.80 after the company's EBITDA margin narrowed by 250 bps to 13.6% in Q4 FY25 as against 16.1% in Q4 FY24, driven by higher input cost in India and international businesses. EBITDA margin was 14.2% in FY25, down 110 bps, primarily impacted by tea cost inflation in India. The company reported a 52.06% jump in consolidated net profit to Rs 407.07 crore in Q4 FY25 as compared with Rs 267.71 crore in Q4 FY24. Group net profit jumped 59.19% to Rs 344.85 crore in Q4 FY25 as compared with Rs 216.63 crore in Q4 FY24. Revenue from operations jumped 17.35% to Rs 4,608.22 crore in Q4 FY25 as compared with Rs 3926.94 crore in Q4 FY24. Profit before exceptional item and tax (PBIT) declined 31.07% YoY to Rs 278.59 crore in Q4 FY25. Exceptional item stood at Rs 80.20 crore in Q4 FY25. Exceptional for the current quarter represents fair value gains of Rs 120 crore on re-measurement of contingent consideration, asset write-down of Rs 39 crore and cost relating to business restructure & reorganization of Rs 1 crore. Consolidated EBITDA was at Rs 625 crore in the fourth quarter of FY25, down 1% as compared with Rs 631 crore, driven by higher input costs in the India and international businesses. EBITDA margin narrowed to 13.6% in Q4 FY25 as against 16.1% in Q4 FY24. For the quarter, India Beverages business revenue grew 9% (excluding Organic India). Underlying Volume Growth (UVG) for India Branded Business (excluding acquisitions) was 5.9% for the quarter. The India Foods business revenue grew 27% during the quarter (+17% excluding Capital Foods). Salt revenue grew 13%, with value-added salt portfolio growing 31% during the quarter. Tata Sampann portfolio continued its strong momentum and grew 30% for the quarter. The companys growth businesses (Tata Sampann, RTD, Tata Soulfull, Capital Foods, Organic India) grew 66% during the Quarter (24% organic). Ecommerce channel grew 66% and Modern Trade recorded 26% growth in the quarter, (excluding Capital Foods and Organic India). For the quarter, the International business revenue grew 5% with FY25 growth at 7% (excluding international business of Capital Foods and Organic India) Starbucks opened 6 new stores during the quarter and entered into 6 new cities. On financial year basis, the companys consolidated net profit jumped 11.14% to Rs 1278.47 crore in QFY25 as compared with Rs 1150.33 crore in FY24. Revenue from operations increased 15.87% to Rs 17,618.30 crore in FY25 as against 15,205.85 crore in FY24. Starbucks added 58 net new stores were added in FY25. This brings the total number of stores to 479 across 80 cities. Sunil DSouza, managing director & CEO of Tata Consumer Products, said, During the year, we recorded growth in our core businesses of India tea and salt in addition to driving strong growth in Tata Sampann and Tata Soulfull. While the RTD business was impacted in the earlier part of the year, we have seen a strong rebound as we exit the year. Our recent acquisitions- Capital Foods and Organic India performed well, and we are accelerating growth momentum through innovation and expansion into new channels of Food Services and Pharma. In India, we continued to strengthen our Sales & Distribution infrastructure and completed rollout of a next gen Go-to-Market platform. Channels of the future i.e. Ecommerce and Modern trade continue to fuel growth momentum. We maintained momentum in our innovation agenda, with several product launches across categories, focusing on Health & Wellness, Convenience and Premiumization. We launched 41 new products during the year and our innovation to sales ratio was 5.2%. Overall, despite a tough operating environment, we delivered strong growth across businesses, and we will continue to drive consistent profitable growth as we move forward. Meanwhile, the companys board has recommended a dividend of Rs. 8.25 per equity share of Re. 1 each for FY25, if approved by the shareholders at the ensuing 62nd Annual General Meeting, will be paid on or after June 21, 2025. Tata Consumer Products is a focused consumer products company uniting the principal food and beverage interests of the Tata Group under one umbrella. The companys portfolio of products includes tea, coffee, water, RTD, salt, pulses, spices, ready-to-cook and ready-to-eat offerings, breakfast cereals, snacks and mini meals.
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Business Standard
23-04-2025
- Business
- Business Standard
Tata Consumer Products Q4 results: Net profit up 59.2% to ₹345 crore
Fast-moving consumer goods major Tata Consumer Products on Wednesday reported a 59.2 per cent jump in its net profit attributable to shareholders at ₹345 crore in the fourth quarter of the financial year 2024-25 (Q4FY25). Net sales in the reported quarter were up 17.3 per cent at ₹4,608 crore and its underlying volume growth for India branded business stood at 5.9 per cent (excluding acquisitions). In its India business, the beverages segment's revenue grew 17 per cent (9 per cent excluding Organic India) and the category continued to retain its leadership in the e-commerce channel, the company said in its release. It saw robust growth across tea, coffee and its ready-to-drink segments. The India foods business revenue grew over 27 per cent (17 per cent excluding Capital Foods) and its salt revenue grew 13 per cent, with value-added salt portfolio growing 31 per cent during the quarter. The Tata Sampann portfolio continued its strong momentum and grew 30 per cent for the quarter. 'Capital Foods and Organic India continued to build momentum with combined revenue growth of 19 per cent during the year. Rollout is being progressed as per plan, for the new channels of food services and pharma,' the company said. Tata Consumer Product's international business grew 5 per cent (excluding international business of Capital Foods and Organic India). 'We ended the year with a strong quarter, accelerating the momentum further. We delivered a topline growth of 17 per cent during the quarter, bringing FY25 growth to 16 per cent. The growth was broad based across India and the International business in line with the earlier trend,' Sunil D'Souza, managing director and chief executive officer at Tata Consumer Products said in the results release. He added, 'We delivered strong performance in the International Business with all our geographies demonstrating growth. Importantly, we delivered strong margin expansion, in line with our guidance.'
Business Standard
23-04-2025
- Business
- Business Standard
Tata Consumer Q4 PAT climbs 52% YoY to Rs 407 cr; recommends dividend of Rs 8.25/sh
Tata Consumer Products reported 52.06% jump in consolidated net profit to 407.07 crore in Q4 FY25 as compared with Rs 267.71 crore in Q4 FY24. Group net profit jumped 59.19% to Rs 344.85 crore in Q4 FY25 as compared with Rs 216.63 crore in Q4 FY24. Revenue from operations jumped 17.35% to Rs 4,608.22 crore in Q4 FY25 as compared with Rs 3926.94 crore in Q4 FY24. Profit before tax (PBT) increased 80.38% YoY to Rs 529.70 crore in Q4 FY25. Consolidated EBITDA was at Rs 625 crore in the fourth quarter of FY25, down 1% as compared with Rs 631 crore, driven by higher input costs in the India and international businesses. EBITDA margin narrowed to 13.6% in Q4 FY25 as against 16.1% in Q4 FY24. For the quarter, India Beverages business revenue grew 9% (excluding Organic India). Underlying Volume Growth (UVG) for India Branded Business (excluding acquisitions) was 5.9% for the quarter. The India Foods business revenue grew 27% during the quarter (+17% excluding Capital Foods). Salt revenue grew 13%, with value-added salt portfolio growing 31% during the quarter. Tata Sampann portfolio continued its strong momentum and grew 30% for the quarter. The companys growth businesses (Tata Sampann, RTD, Tata Soulfull, Capital Foods, Organic India) grew 66% during the Quarter (24% organic). Ecommerce channel grew 66% and Modern Trade recorded 26% growth in the quarter, (excluding Capital Foods and Organic India). For the quarter, the International business revenue grew 5% with FY25 growth at 7% (excluding international business of Capital Foods and Organic India) Starbucks opened 6 new stores during the quarter and entered into 6 new cities. On financial year basis, the companys consolidated net profit jumped 11.14% to Rs 1278.47 crore in QFY25 as compared with Rs 1150.33 crore in FY24. Revenue from operations increased 15.87% to Rs 17,618.30 crore in FY25 as against 15,205.85 crore in FY24. Starbucks added 58 net new stores were added in FY25. This brings the total number of stores to 479 across 80 cities. Sunil DSouza, managing director & CEO of Tata Consumer Products, said, During the year, we recorded growth in our core businesses of India tea and salt in addition to driving strong growth in Tata Sampann and Tata Soulfull. While the RTD business was impacted in the earlier part of the year, we have seen a strong rebound as we exit the year. Our recent acquisitions- Capital Foods and Organic India performed well, and we are accelerating growth momentum through innovation and expansion into new channels of Food Services and Pharma. In India, we continued to strengthen our Sales & Distribution infrastructure and completed rollout of a next gen Go-to-Market platform. Channels of the future i.e. Ecommerce and Modern trade continue to fuel growth momentum. We maintained momentum in our innovation agenda, with several product launches across categories, focusing on Health & Wellness, Convenience and Premiumization. We launched 41 new products during the year and our innovation to sales ratio was 5.2%. Overall, despite a tough operating environment, we delivered strong growth across businesses, and we will continue to drive consistent profitable growth as we move forward. Meanwhile, the companys board has recommended a dividend of Rs. 8.25 per equity share of Re. 1 each for FY25, if approved by the shareholders at the ensuing 62nd Annual General Meeting, will be paid on or after June 21, 2025. Tata Consumer Products is a focused consumer products company uniting the principal food and beverage interests of the Tata Group under one umbrella. The companys portfolio of products includes tea, coffee, water, RTD, salt, pulses, spices, ready-to-cook and ready-to-eat offerings, breakfast cereals, snacks and mini meals. Shares of Tata Consumer Products added 1.14% to end at Rs 1,149 on on the BSE.
