तगड़ी रफ़्तार, टिकाऊ ग्रोथ – Tata Consumer का Q2 ररज़ल्ट, उम्म़ीदो ों को नया स्वाद देगा!

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Technical View

Tata Consumer Products Ltd. is currently trading near ₹1,165, maintaining a strong bullish structure

on the charts. The stock is comfortably positioned above its 20-day, 50-day, 100-day, and 200-day

EMAs, indicating sustained strength and a positive medium-term trend.

The RSI (Relative Strength Index) is hovering around 58, showing healthy momentum without being

overbought, while the MACD has already formed a positive crossover, confirming a continuation of

short-term uptrend signals.

Parabolic SAR dots are plotted below the price, which further reinforces the ongoing bullish bias.

The stock has faced minor resistance near ₹1,185, whereas ₹1,145 and ₹1,120 act as strong support

zones. If the price sustains above ₹1,185, the next potential upside targets could be ₹1,215–₹1,230.

Conversely, a slip below ₹1,145 may trigger some short-term profit booking. Overall, the technical

setup remains decisively positive, with momentum indicators favoring further upside.

Fundamental View

Tata Consumer Products Ltd. (TCPL) is one of India’s leading diversified FMCG giants, housing an

impressive portfolio of brands such as Tata Tea, Tetley, Tata Salt, Himalayan Water, Tata Sampann,

and Tata Soulfull. The company operates across both Beverages and Packaged Foods segments,

providing a well-balanced revenue mix.

In Q1 FY25, TCPL reported:

Revenue: ₹3,988 crore (+10% YoY)

EBITDA: ₹712 crore (+17% YoY)

Net Profit: ₹470 crore (+22% YoY)•

EBITDA Margin: 17.8%, reflecting strong operational efficiency and cost discipline

The company trades at a P/E ratio of ~61x, which appears slightly premium but is well justified by its

robust brand equity, margin expansion trajectory, and steady double-digit earnings growth. TCPL

also maintains a consistent dividend track record, with a payout of ₹7.75 per share in FY24,

reflecting solid cash generation and shareholder return focus.

Result Expectation – Q2 FY25 (03 Nov 2025)

For Q2 FY25, market expectations are moderately positive.

Revenue is anticipated in the range of ₹4,100–₹4,200 crore, while PAT is likely to come around ₹480–

₹500 crore. Margins may expand further to 18–19%, supported by stable input costs and strong

festive season demand.

Segment-wise outlook:

Domestic Beverages and Tata Salt/Sampann Foods are expected to post healthy growthTata Starbucks and International Tea operations are likely to witness margin improvement

driven by better pricing and cost optimization.

Overall, a stable to positive performance is expected, with management commentary on demand

outlook, volume recovery, and margin guidance likely to set the tone for the next leg of growth.

Upcoming News & Events

The company will announce its Q2 FY25 results on 3 November 2025.

Pre-result buying interest has already been observed, supported by positive sector sentiment in

FMCG due to festive demand and signs of rural recovery.

Additionally, TCPL’s continued focus on green packaging, new product launches under Soulfull and

Sampann, and expansion of Starbucks stores are expected to drive brand visibility and margin

sustainability.

Favorable commodity trends and softening global tea prices are also likely to have a positive impact

on profitability.

FII & DII Activity

In recent quarters, FII holdings have slightly increased, while DII holdings remain stable, reflecting

consistent institutional confidence in the company.

Promoter holding remains steady at approximately 34.7%, whereas retail participation and mutual

fund inflows continue to show a positive trend, supporting the stock’s steady accumulation phase.

Brokerage Views

Leading brokerages maintain a bullish stance on Tata Consumer Products:

HDFC Securities: BUY with a target of ₹1,300

Motilal Oswal: BUY with a target of ₹1,270

  • Axis Securities: ADD with a target of ₹1,250

ICICI Direct: BUY with a target of ₹1,320

The consensus rating across major brokerages remains “BUY”, supported by strong brand

positioning, expanding distribution, and improving margin profile. Long-term outlook remains

structurally positive.

Entry Levels & Trading View

Short-Term Traders:

Can consider accumulating near ₹1,145–₹1,155 with a stoploss at ₹1,120 for potential

targets of ₹1,210–₹1,230.

Long-Term Investors:

Ideal accumulation zone lies between ₹1,100–₹1,120, aiming for ₹1,280–₹1,320 over a 3–6

month horizon.

Overall bias remains bullish, and post-result breakout above ₹1,185–₹1,190 could trigger fresh

momentum on the upside.

Disclaimer & Disclosure

This analysis is prepared purely for educational purposes and should not be construed as investment

advice.

Investments in the stock market are subject to market risks. Please consult your financial advisor

before making any investment decisions.

The analyst / Investogainer Research holds no personal position in Tata Consumer Products Ltd.