Tata Consumer Products Limited: History, Latest Updates, Milestones, Subsidiaries & Share Price
Introduction
Tata Consumer Products Limited, previously known as ' Tata Global Beverages Limited' , a subsidiary of Tata Group, is an established FMCG company that operates in the business of production of tea, coffees, water and food products. Tata Consumer Products Limited has its presence in both India and Internationally. The company is world No. 2 branded tea company, offering various consumer food products.
Currently, Tata Consumer Products Limited is in joint Ventures with Tata Starbucks Private Limited. Its subsidiaries are NourishCo Beverages Limited, Tata Consumer Soulfull Private Limited, Tata SmartFoodz Limited, Tata Coffee Limited and Tata Tea Extractions Inc. Its associated companies are Amalgamated Plantations Private Limited and Kannan Devan Hills Plantations Company Private Limited
Tata Consumer share price as on 10th April ,2024 was Rs 1126.90 Traders can get live Tata Consumer Share price in Enrich Money stock analysis page.
Tata Consumer Products Limited Moves In 2024
January 2024
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Tata Coffee has merged with Tata Consumer Products Limited from 1st January,2024.
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Tata Consumer Products has acquired Organic India for Rs.1900 crore.
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Tata Consumer Products has acquired Capital Foods Rs.5100 crore.
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Tata Consumer Share Price for the month of January 2024 was Rs. 1190.05
February2024
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Tata Consumer Products Limited's net profit decreased by 21% from Rs.351 crore to Rs. 278 crores in the reported Q3 FY 2024 result. But the Revenue from operations has gained by 9.47% to Rs. 3803 crores and EBITDA gained by 26%.
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Tata Consumer Share Price for the month of February 2024 was Rs. 1096.20
March 2024
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Tata Consumer Products Limited is in the process of integrating the two newest acquisitions namely Capital Foods and Organic India into their business.
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Tata Consumers are looking to expand their portfolio to pantry and liquid platforms.
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Tata Consumer Share Price for the month of March 2024 was Rs. 1125.60
Evolution Of Tata Consumer Products Limited: From Past to Present
|
Year |
Evolution |
|
1964 |
Tata Tea Limited in a joint venture with James Finlay, established Tata Finlay |
|
1979 |
Development of Salt business |
|
1983 |
Launched Tata Salt by Tata Chemicals Limited |
|
1985 |
Launched Tata Tea poly packed |
|
1987 |
Launched Tata Tea Incorporation, USA |
|
1991 |
Launched diverse range of Tata Tea products. |
|
2000 |
Acquired Tetley Tea |
|
2005 |
Acquired Good Earth , USA. |
|
2006 |
Acquired Eight O’ Clock Coffee, USA |
|
Acquired Joekels Tea stake , South Africa. |
|
|
2007 |
Acquired Mouth Everest Mineral Water of Himalayan Water |
|
Acquired Vitax Tea , Polish |
|
|
2010 |
Tata Tea Limited renamed as ‘Tata Global Beverages’ |
|
2011 |
Tata Global Beverages in joint venture with Pepsico India, established Norishco. |
|
2012 |
Tata Global Beverages in joint venture with Starbucks. |
|
2015 |
Launched Tata Sampann |
|
2020 |
Tata Global Beverages in merger with Tata Chemicals (Consumer products) established Tata Consumer Products. |
|
Tata Consumer acquires Pepsico India stakes in Nourishco. |
|
|
2021 |
Acquired Kottaram Agro Foods (Soulfull) , India |
|
Acquired Tata SmartFoodz Limited (Tata Q), a ready to eat segment |
|
|
2022 |
Merger of Tata Coffee with Tata Consumer Products Limited |
|
2024 |
Tata Consumer Products in agreement with Capital Foods. |
|
2024 |
Tata Consumer Products in agreement with Organic India. |
Tata Consumer Products Limited Company Information
|
Company Information |
|
|
Name |
Tata Consumer Products Limited |
|
Founded year |
1964 |
|
Parent Company |
Tata Group |
|
Headquarters |
Kolkata, India |
|
Industry |
Fast Moving Consumer Goods |
|
Current CEO & MD |
Mr. Sunil D’Souza |
|
Current Chairman |
Mr. Natarajan Chandrasekaran |
|
Subsidiaries |
NourishCo Beverages Limited Tata Consumer Soulfull Private Limited Tata SmartFoodz Limited Tata Coffee Limited Tata Tea Extractions Inc. |
|
Revenue |
Rs. 13,952 crore(2023) |
|
Geographical presence |
Worldwide |
|
NSE code |
NSE: TATACONSUM NSE NIFTY 50 constituent |
|
BSE code |
BSE: 500800 |
Inside Tata Consumer Products Limited
Subsidiary News
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NorishCo, has reported a revenue of about Rs. 1000 crore.
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NoursihCo has planned to introduce premium packaged drinking water.
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Tata Starbucks Private Limited has planned to increase its store outlets to 1000 and double its employment by 2028 in India.
Tata Consumer Products Limited Share Price
|
COMPANY NAME |
SECTOR |
SHARE PRICE LINK |
|
Tata Consumer Products Limited |
FMCG |
Milestones of Tata Consumer Products Limited
|
Year |
Milestones |
|
18th October, 1962 |
Tata Industries operated in the business of cultivation of tea, coffee, cardamon etc… as a private limited company. |
|
8th May, 1963 |
The company converted into a public limited company. |
|
1964 |
Tata Tea Limited joint venture with James Finlay & Co. Limited formed Tata-Finlay Limited. |
|
1971 |
The company issued shares with Tata consumer share price of Rs. 87.50 per share. |
|
1982 |
Tata Tea Limited acquired stakes of James Finlay and McLeod Russel. |
|
Tata -Finlay Limited renamed as Tata Tea Limited |
|
|
1987 |
Tata Tea Limited established in USA as Tata Tea Inc. |
|
1988 |
Signed an agreement with P&OCL Limited. |
|
1990 |
Established Tata Spices Center at Cochin |
|
1991 |
Established Chakra Gold Dust tea Brand |
|
Established Medicinal & Aromatic Plant processing unit at Munnar. |
|
|
1992 |
Tata Tea Limited in joint venture with Lyons Tetley , UK established Tata Tetley Limited. |
|
Tata Tea Limited in joint venture with Krasnodar Tea Company & associates established Tata Krasnodar Industries Limited. |
|
|
Tata Tea Limited in joint venture with Indo Japanese Company formed Tata NYK Transport Systems Limited |
|
|
1994 |
Tata Tea Limited went into a joint venture with Hitachi Limited, Japan. Increased Tata Tea Limited’s stake in Asian Coffee Limited. |
|
1997 |
Became the largest tea manufacturing company in the world by exporting instant tea to western countries. |
|
Tata Tea Limited subsidiaries were consolidated |
|
|
Launched Tata Tea Premium |
|
|
1999 |
Tata Tea Limited in joint venture with Tetley formed Tata Tetley. |
|
2000 |
Tata Tea acquired Tetley Group. |
|
2005 |
Launched Tata Tea Agni |
|
2006 |
Acquired Eight O’clock Coffee, USA |
|
2009 |
Launched Tata Tea GOLD. |
|
2010 |
Signed a MoU with PepsiCo Inc. |
|
Renamed as Tata Global Beverages Limited |
|
|
2011 |
Tata Tea signed a MoU with Kerala Ayurveda Limited. |
|
2012 |
Tetley Tea celebrated 175th year of anniversary |
|
In joint venture with Starbucks Group to form Tata Starbucks Limited. |
|
|
2013 |
Signed agreement with Tata Realty |
|
2015 |
Launched Tata Coffee Grand |
|
Launched Tata Tea Fusion brand |
|
|
2019 |
Demerger of Consumer Products business operations from Tata Chemicals Limited and merged with Tata Global Beverages Limited. |
|
2020 |
Renamed as Tata Consumer Products Limited. |
|
2021 |
Acquired Tata SmartFoodz Limited |
|
2022 |
Merged Tata Coffee with Tata Consumer Products Limited |
|
Launched Shuddh by Tata Salt |
|
|
Launched Tata Soulfull masala oats+ |
|
|
Launched Tata honey and Tata Simply Better. |
|
|
2024 |
Acquired Capital Foods and Organic India |
Awards & Achievements of Tata Consumer Products Limited
|
Year |
Awards & Achievements |
|
2024 |
Indian Marketing Awards has awarded Tata Consumer Products Limited with 5 medals . Winner at 14th Aegis Graham Bell Awards . |
|
2023 |
Awarded with World Star Global Packaging Awards by WPO. 11th Global Safety summit awarded Tata Consumer Products Limited in Sectoral State Awards. In the FMCG- beverages sector, Tata Consumer Products Limited was awarded Marketer of the year . |
Conclusion
Tata Consumer Products Limited, a company with market capitalization of Rs. 1.07 lakh crores. .The Tata Group's consumer product business has experienced a fascinating and challenging journey, marked by patience and resilience in growth. They've acquired over 5 companies globally, including in the US, UK, and Russia, expanding their product reach. However, their plans to expand retail presence in India face stiff competition from major players like Reliance and Amazon India, making market share gains challenging
The MD & CEO of Tata Consumer Products Limited has announced the sustainability milestones for the financial year 2025-26. In order to align with their ESG Strategy , the company is focusing on sourcing, planet, communities, and nutrition. The company has reduced their emissions down by 18%, increased renewable energy use by 19%, and supported water recharge projects. The company aims for carbon neutrality and zero waste disposal by 2025-26. The company has also planned to increase their community initiatives, to achieve ISO 45000 certification, and enhance women's participation in the workforce.
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Frequently Asked Questions
1.What is Tata Consumer Share price Today?
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2.Where can I find the Tata consumer share price history?
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3.Where can I find detailed analysis of Tata Consumer share price?
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4.Where to find Tata Consumer Share Price prediction tomorrow?
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5.What is Tata Consumer Share Price target?
It’s predicted that Tata Consumer Share Price will reach a target average price of Rs. 1159.75. Tata Consumer share price could potentially be a neutral signal. For real-time insights into the future of Tata Consumer Share Price, visit Enrich Money.
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