Preview: Analysts see marginal profit growth for India's Tata Consumer

Tata Consumer Products

03/11/2025 04:35

** Analysts expect India's Tata Consumer Products TACN.NS to report a marginal 1.15% rise in second-quarter profit y/y

** Revenue expected to rise ~12% y/y, as per data compiled by LSEG

** Ambit Capital says, Tata's core categories of tea and salt are likely to see clipped growth in the near-to-long term, given their maturity profile and slower premiumization rate

** Adds, managing sharp volatility in tea prices remains "highly challenging" for TACN

** Motilal Oswal says, heavy rainfall in June, along with pest attacks led to a dip in tea production y/y

** Adds, for TACN, margins are likely to normalize after Q2, supported by strong production and stabilization in tea prices

** TACN rated "Buy" on avg by 25 analysts; median PT at 1200 rupees

** On the day, TACN flat at 1165 rupees

** YTD, TACN up ~27% y/y

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))