Tata Consumer Products Limited · NSE:TATACONSUM
Tata Consumer Products — Q2 FY27 Earnings Presentation
59 slides from Tata Consumer Products's earnings presentation, Oct 26, 2026
Slide 1: Regulation 30 filing cover letter to stock exchanges
October 26, 2026 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 Scrip Code
Slide 2: Investor Presentation for the quarter ended September 2026
Investor Presentation For the quarter ended September 2026 26th October 2026
Slide 3: Disclaimer
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 differ from such expectation
Slide 4: We are Tata Consumer Products
We are Tata Consumer Products Largest salt brand 2nd Largest tea 3rd largest tea #1 natural mineral National brand India’s leading 4th largest R&G Leading organic in India brand in India brand in UK & water brand in in pulses, spices, Desi-Chinese bags coffee brand F&B and herbal largest tea brand I
Slide 5: Sunil D'Souza, Managing Director & CEO
Sunil D’Souza Managing Director & Chief Executive Officer
Slide 6: Executive Summary
Executive Summary Consolidated revenue grew 14%, International business1 grew 7% with India business Underlying (-2% constant currency). Volume Growth at (UVG) 11% . Salt delivered 9% volume growth Non-branded business grew 12% and 15% revenue growth. (9% constant currency). Consolidated EBITDA grew
Slide 7: Key Business Snapshot Q2 FY27
Key Business Snapshot Q2 FY27 In ₹ Cr. India Salt India Tea/Coffee Growth Businesses* International Non-Branded Consolidated Revenue Revenue Revenue Revenue Revenue Revenue 1,099 1,244 1,438 1,256 659 5,661 CC CC CC 15% -1% 40% 7% -2% 12% 9% 14% 11% *Growth Business includes Tata Sampann, Ready-to-D
Slide 8: Key Business Snapshot H1 FY27
Key Business Snapshot H1 FY27 In ₹ Cr. India Salt India Tea/Coffee Growth Businesses* International Non-Branded Consolidated Revenue Revenue Revenue Revenue Revenue Revenue 2,189 2,478 2,752 2,501 1,156 11,010 CC CC CC 11% -3% 43% 11% 0% 3% 0% 13% 10% *Growth Business includes Tata Sampann, Ready-to
Slide 9: Summary of Consolidated Financial Performance Q2 FY27
Summary of Consolidated Financial Performance Q2 FY27 In ₹ Cr (except per share data). ` ` ` Revenue EBITDA PBT (bei) Net Profit EPS Adjusted EPS* 5,661 794 632 470 4.75 5.18 Growth Growth Margin Growth Margin Growth Margin 14% 18% 14.0% 21% 11.2% 16% 8.3% *Adjusted for exceptional items and amortiz
Slide 10: Summary of Consolidated Financial Performance H1 FY27
Summary of Consolidated Financial Performance H1 FY27 In ₹ Cr (except per share data). ` ` ` Revenue EBITDA PBT (bei) Net Profit EPS Adjusted EPS* 11,010 1,523 1,224 897 9.06 9.85 Growth Growth Margin Growth Margin Growth Margin 13% 18% 13.8% 24% 11.1% 22% 8.2% *Adjusted for exceptional items and am
Slide 11: Strategic Priorities
Strategic Priorities Strengthen core & Build on new Drive execution Create a Drive digital Embed accelerate growth opportunities excellence future-ready & innovation sustainability businesses every day organization Investor Presentation | October 2026 10
Slide 12: India Business – Strengthening Our Brands
India Business – Strengthening Our Brands Strengthen core & accelerate growth businesses A&P-to-Sales* Q2FY27 H1FY27 5.5% 5.8% *India Business Investor Presentation | October 2026 11
Slide 13: 'Growth' Businesses – Scaling to 38% of India Business
‘Growth’ Businesses – Scaling to 38% of India Business Strengthen core & accelerate growth businesses Growth Businesses as a % of India Business Revenue 38% growth YoY 31% 32% 28% 18% 40% 10% 15% 8% FY21 FY22 FY23 FY24 FY25 FY26 Q2FY26 Q2FY27 Includes overseas revenues for Capital Foods and Organic
Slide 14: AI-led Transformation underway
AI-led Transformation underway Drive Digital & Innovation Go-to-Market Operations Project Pipeline Saathi AI Voice Agent TSE Calling Physical AI Next Wave AI sales companion for AI voice agent for AI coach for sales Computer vision in AI brains and agents general trade retailer ordering supervisors
Slide 15: Innovation – 22 New Product Launches in Q2
Innovation – 22 New Product Launches in Q2 Drive Digital & Innovation Health & Wellness Convenience Premiumization Investor Presentation | October 2026 14
Slide 16: India Tea/Coffee
India Tea/Coffee Volumes were flat YoY. Category demand remained subdued. Revenue declined marginally. The volume-value gap narrowed as a result of pricing actions. Launched Tata Tea Gold Reserve, Chakra Gold Select and Kanan Devan Gold to drive premiumization and strengthen market share in targeted
Slide 17: Salt
Salt Salt revenue grew 15%, with volume growth staying strong at 9%, despite the price increase. Further price increases were actioned in October. Value-added/Premium salt volumes grew 17% during the quarter. Volume Revenue +9% +15% Investor Presentation | October 2026 16
Slide 18: Tata Sampann
Tata Sampann Tata Sampann1 continued strong momentum with 57% volume-led revenue growth. Dry fruits and cold-pressed oils continue to scale well, with a combined ARR of ~₹1,000 cr. Consumer-centric innovations remain a key driver of portfolio growth and margin expansion. Revenue +57% 1Includes Tata
Slide 19: Ready-to-Drink (RTD)
Ready-to-Drink (RTD) RTD revenue grew 47%, driven by 34% volume growth. Growth remained broad-based across the portfolio, underpinned by premiumization and continued innovation. Introduced: 1) Tata Gluco Plus with added iron in a Rs. 20 PET bottle and 2) Tata ION – a functional electrolyte drink. Vo
Slide 20: Capital Foods & Organic India
Capital Foods & Organic India Capital Foods and Organic India delivered a growth of 18% and 9%, respectively. While domestic performance remained strong for both brands (+24% combined), exports were impacted by disruptions in shipping. Innovation continues to remain a key driver of growth. Capital F
Slide 21: International
International International revenue grew 7% (-2% CC*), lapping a high base. US business grew 4% CC, driven by 6% CC growth in coffee. UK category consumption was impacted by a continued heatwave. Revenue declined 8% CC; however, Tetley outperformed the category. Canada grew 8% CC. Tetley outperforme
Slide 22: Non-branded Business
Non-branded Business Vietnam Non-branded revenue grew 9% (CC), on an elevated base of last year, led by strong volume growth in the Solubles business. Arabica and Robusta prices continued to soften impacting realisations for the plantations business. Solubles volumes grew 21% led by strong execution
Slide 23: Tata Starbucks (JV)
Tata Starbucks (JV) Revenue grew 15% on the back of strong same- store sales growth (5th consecutive quarter). Expanded footprint to 505 stores across 81 cities, with entry into Shillong. Added two new Reserve stores. Enhanced Starbucks Rewards program with simplified tiers and improved benefits to
Slide 24: Ashish Goenka, Group Chief Financial Officer
Ashish Goenka Group Chief Financial Officer
Slide 25: Consolidated Performance Highlights – Q2FY27
Consolidated Performance Highlights – Q2FY27 Revenue from Operations EBITDA Adjusted EPS (₹ Crores) (₹ Crores) (₹) 5,661 794 5.18 695 675 119 4,966 4.44 +14% +18% +17% +40 bps EBITDA Margin Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Investor Presentation | October 2026 24
Slide 26: Consolidated Performance Highlights – H1FY27
Consolidated Performance Highlights – H1FY27 Revenue from Operations EBITDA Adjusted EPS (₹ Crores) (₹ Crores) (₹) 11,010 1,523 9.85 9,745 1,265 232 1,291 8.17 +13% +18% +21% +60 bps EBITDA Margin H1 FY26 H1 FY27 H1 FY26 H1 FY27 H1 FY26 H1 FY27 Investor Presentation | October 2026 25
Slide 27: Segment-wise Performance Q2FY27
Segment-wise Performance Q2FY27 Particulars Segment Revenue Segment Results Segment Margin ₹ Cr Q2 FY27 Q2 FY26 Change Q2 FY27 Q2 FY26 Change Q2 FY27 Q2 FY26 India Business 3,666 3,122 17% 409 359 14% 11.1% 11.5% International Business 1,370 1,288 6% 182 148 23% 13.3% 11.5% Total Branded Business 5,
Slide 28: Segment-wise Performance H1FY27
Segment-wise Performance H1FY27 Particulars Segment Revenue Segment Results Segment Margin ₹ Cr H1 FY27 H1 FY26 Change H1 FY27 H1 FY26 Change H1 FY27 H1 FY26 India Business 7,206 6,248 15% 803 649 24% 11.1% 10.4% International Business 2,713 2,433 12% 357 302 18% 13.2% 12.4% Total Branded Business 9
Slide 29: Q&A
Q&A Investor Presentation | October 2026 28
Slide 30: Thank You
Thank You For more information Institutional investors – Contact Nidhi Verma Head – Investor Relations & Corporate Communication [email protected] Kaiwan Olia Senior Manager – Investor Relations [email protected] tataconsumer.com tataconsumer.com TataConsumer TataConsumer Retai
Slide 31: Investor Presentation for the quarter ended September 2026
Investor Presentation For the quarter ended September 2026 26th October 2026
Slide 32: Disclaimer
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 differ from such expectation
Slide 33: We are Tata Consumer Products
We are Tata Consumer Products Largest salt brand 2nd Largest tea 3rd largest tea #1 natural mineral National brand India’s leading 4th largest R&G Leading organic in India brand in India brand in UK & water brand in in pulses, spices, Desi-Chinese bags coffee brand F&B and herbal largest tea brand I
Slide 34: Sunil D'Souza, Managing Director & CEO
Sunil D’Souza Managing Director & Chief Executive Officer
Slide 35: Executive Summary
Executive Summary Consolidated revenue grew 14%, International business1 grew 7% with India business Underlying (-2% constant currency). Volume Growth at (UVG) 11% . Salt delivered 9% volume growth Non-branded business grew 12% and 15% revenue growth. (9% constant currency). Consolidated EBITDA grew
Slide 36: Key Business Snapshot Q2 FY27
Key Business Snapshot Q2 FY27 In ₹ Cr. India Salt India Tea/Coffee Growth Businesses* International Non-Branded Consolidated Revenue Revenue Revenue Revenue Revenue Revenue 1,099 1,244 1,438 1,256 659 5,661 CC CC CC 15% -1% 40% 7% -2% 12% 9% 14% 11% *Growth Business includes Tata Sampann, Ready-to-D
Slide 37: Key Business Snapshot H1 FY27
Key Business Snapshot H1 FY27 In ₹ Cr. India Salt India Tea/Coffee Growth Businesses* International Non-Branded Consolidated Revenue Revenue Revenue Revenue Revenue Revenue 2,189 2,478 2,752 2,501 1,156 11,010 CC CC CC 11% -3% 43% 11% 0% 3% 0% 13% 10% *Growth Business includes Tata Sampann, Ready-to
Slide 38: Summary of Consolidated Financial Performance Q2 FY27
Summary of Consolidated Financial Performance Q2 FY27 In ₹ Cr (except per share data). ` ` ` Revenue EBITDA PBT (bei) Net Profit EPS Adjusted EPS* 5,661 794 632 470 4.75 5.18 Growth Growth Margin Growth Margin Growth Margin 14% 18% 14.0% 21% 11.2% 16% 8.3% *Adjusted for exceptional items and amortiz
Slide 39: Summary of Consolidated Financial Performance H1 FY27
Summary of Consolidated Financial Performance H1 FY27 In ₹ Cr (except per share data). ` ` ` Revenue EBITDA PBT (bei) Net Profit EPS Adjusted EPS* 11,010 1,523 1,224 897 9.06 9.85 Growth Growth Margin Growth Margin Growth Margin 13% 18% 13.8% 24% 11.1% 22% 8.2% *Adjusted for exceptional items and am
Slide 40: Strategic Priorities
Strategic Priorities Strengthen core & Build on new Drive execution Create a Drive digital Embed accelerate growth opportunities excellence future-ready & innovation sustainability businesses every day organization Investor Presentation | October 2026 10
Slide 41: India Business – Strengthening Our Brands
India Business – Strengthening Our Brands Strengthen core & accelerate growth businesses A&P-to-Sales* Q2FY27 H1FY27 5.5% 5.8% *India Business Investor Presentation | October 2026 11
Slide 42: 'Growth' Businesses – Scaling to 38% of India Business
‘Growth’ Businesses – Scaling to 38% of India Business Strengthen core & accelerate growth businesses Growth Businesses as a % of India Business Revenue 38% growth YoY 31% 32% 28% 18% 40% 10% 15% 8% FY21 FY22 FY23 FY24 FY25 FY26 Q2FY26 Q2FY27 Includes overseas revenues for Capital Foods and Organic
Slide 43: AI-led Transformation underway
AI-led Transformation underway Drive Digital & Innovation Go-to-Market Operations Project Pipeline Saathi AI Voice Agent TSE Calling Physical AI Next Wave AI sales companion for AI voice agent for AI coach for sales Computer vision in AI brains and agents general trade retailer ordering supervisors
Slide 44: Innovation – 22 New Product Launches in Q2
Innovation – 22 New Product Launches in Q2 Drive Digital & Innovation Health & Wellness Convenience Premiumization Investor Presentation | October 2026 14
Slide 45: India Tea/Coffee
India Tea/Coffee Volumes were flat YoY. Category demand remained subdued. Revenue declined marginally. The volume-value gap narrowed as a result of pricing actions. Launched Tata Tea Gold Reserve, Chakra Gold Select and Kanan Devan Gold to drive premiumization and strengthen market share in targeted
Slide 46: Salt
Salt Salt revenue grew 15%, with volume growth staying strong at 9%, despite the price increase. Further price increases were actioned in October. Value-added/Premium salt volumes grew 17% during the quarter. Volume Revenue +9% +15% Investor Presentation | October 2026 16
Slide 47: Tata Sampann
Tata Sampann Tata Sampann1 continued strong momentum with 57% volume-led revenue growth. Dry fruits and cold-pressed oils continue to scale well, with a combined ARR of ~₹1,000 cr. Consumer-centric innovations remain a key driver of portfolio growth and margin expansion. Revenue +57% 1Includes Tata
Slide 48: Ready-to-Drink (RTD)
Ready-to-Drink (RTD) RTD revenue grew 47%, driven by 34% volume growth. Growth remained broad-based across the portfolio, underpinned by premiumization and continued innovation. Introduced: 1) Tata Gluco Plus with added iron in a Rs. 20 PET bottle and 2) Tata ION – a functional electrolyte drink. Vo
Slide 49: Capital Foods & Organic India
Capital Foods & Organic India Capital Foods and Organic India delivered a growth of 18% and 9%, respectively. While domestic performance remained strong for both brands (+24% combined), exports were impacted by disruptions in shipping. Innovation continues to remain a key driver of growth. Capital F
Slide 50: International
International International revenue grew 7% (-2% CC*), lapping a high base. US business grew 4% CC, driven by 6% CC growth in coffee. UK category consumption was impacted by a continued heatwave. Revenue declined 8% CC; however, Tetley outperformed the category. Canada grew 8% CC. Tetley outperforme
Slide 51: Non-branded Business
Non-branded Business Vietnam Non-branded revenue grew 9% (CC), on an elevated base of last year, led by strong volume growth in the Solubles business. Arabica and Robusta prices continued to soften impacting realisations for the plantations business. Solubles volumes grew 21% led by strong execution
Slide 52: Tata Starbucks (JV)
Tata Starbucks (JV) Revenue grew 15% on the back of strong same- store sales growth (5th consecutive quarter). Expanded footprint to 505 stores across 81 cities, with entry into Shillong. Added two new Reserve stores. Enhanced Starbucks Rewards program with simplified tiers and improved benefits to
Slide 53: Ashish Goenka, Group Chief Financial Officer
Ashish Goenka Group Chief Financial Officer
Slide 54: Consolidated Performance Highlights – Q2FY27
Consolidated Performance Highlights – Q2FY27 Revenue from Operations EBITDA Adjusted EPS (₹ Crores) (₹ Crores) (₹) 5,661 794 5.18 695 675 119 4,966 4.44 +14% +18% +17% +40 bps EBITDA Margin Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Q2 FY26 Q2 FY27 Investor Presentation | October 2026 24
Slide 55: Consolidated Performance Highlights – H1FY27
Consolidated Performance Highlights – H1FY27 Revenue from Operations EBITDA Adjusted EPS (₹ Crores) (₹ Crores) (₹) 11,010 1,523 9.85 9,745 1,265 232 1,291 8.17 +13% +18% +21% +60 bps EBITDA Margin H1 FY26 H1 FY27 H1 FY26 H1 FY27 H1 FY26 H1 FY27 Investor Presentation | October 2026 25
Slide 56: Segment-wise Performance Q2FY27
Segment-wise Performance Q2FY27 Particulars Segment Revenue Segment Results Segment Margin ₹ Cr Q2 FY27 Q2 FY26 Change Q2 FY27 Q2 FY26 Change Q2 FY27 Q2 FY26 India Business 3,666 3,122 17% 409 359 14% 11.1% 11.5% International Business 1,370 1,288 6% 182 148 23% 13.3% 11.5% Total Branded Business 5,
Slide 57: Segment-wise Performance H1FY27
Segment-wise Performance H1FY27 Particulars Segment Revenue Segment Results Segment Margin ₹ Cr H1 FY27 H1 FY26 Change H1 FY27 H1 FY26 Change H1 FY27 H1 FY26 India Business 7,206 6,248 15% 803 649 24% 11.1% 10.4% International Business 2,713 2,433 12% 357 302 18% 13.2% 12.4% Total Branded Business 9
Slide 58: Q&A
Q&A Investor Presentation | October 2026 28
Slide 59: Thank You
Thank You For more information Institutional investors – Contact Nidhi Verma Head – Investor Relations & Corporate Communication [email protected] Kaiwan Olia Senior Manager – Investor Relations [email protected] tataconsumer.com tataconsumer.com TataConsumer TataConsumer Retai
Tata Consumer Products — Q2 FY27 Earnings Presentation on 6ix