Tata Consumer Products Q4 Results: PAT beats estimates with 21.5% growth; 1000% dividend declared

Tata Consumer Products Ltd (TCPL) on Friday reported a consolidated net profit of Rs 419.1 crore for the quarter ended March 31, marking a 21.5 per cent year-on-year jump that exceeded analysts' expectations.

Its revenue grew 17.9 per cent to Rs 5,433.6 crore, according to a regulatory filing.

According to Zee Business research, Tata Consumer Products was estimated to register a quarterly net profit of Rs 404 crore and revenue of Rs 5,271 crore for the final three months of FY26.

Revenue from the company's domestic business rose 13.3 per cent to Rs 2,936.7 crore. International business revenue increased 18.8 per cent to Rs 1,418.1 crore.

The company described the underlying volume growth (UVG) in its India branded business as robust at 16 per cent for the quarter and 13 per cent for the year. UVG is a crucial metric that determines consumer demand, capturing changes in the number of units sold instead of value.

In the food business, the company witnessed revenue growth of 21 per cent in Q4 -- maintaining double-digit percentage growth for a fifth straight quarter, with a 12 per cent increase in the salt segment. Analysts had pegged the salt growth at 14-17 per cent.

International business

Tata Consumer Products registered 21 per cent growth in its international business.

In constant currency terms, the growth was recorded at 11 per cent for the quarter and 9 per cent for the year. Analysts had pegged constant currency international business growth at 9-10 per cent.

Tata Consumer Products operational performance

The Tata group firm's March-quarter earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 27 per cent to Rs 796 crore.

Its margin -- a key measure of profitability -- came in at 14.65 per cent for Q4.

As per Zee Business estimates, the company was estimated to log Rs 796 crore in EBITDA with a 14.2 per cent margin.

TCPL FY26 earnings

For the year ended March 31, the company's net profit rose 20.6 per cent to Rs 1,542.3 crore. Its revenue expanded to Rs 20,290.4 crore from Rs 17,618.3 crore in FY25.

The company's FY26 EBITDA was at Rs 2,815 crore, marking 12 per cent year-on-year growth.

Management commentary

“We delivered a strong finish to FY26 with another quarter of consistent double-digit topline growth. Performance was broad-based across our core and growth businesses, reflecting sustained momentum in execution, innovation and brand building," said Sunil D’Souza, Managing Director and CEO, Tata Consumer Products.

"Our India branded business delivered robust underlying volume growth driven by strengthening distribution, portfolio expansion and innovation. The foods business continued its strong trajectory with Tata Sampann recording exceptional growth momentum. The ready-to-drink business performed well with focused innovation and new product development," he said.

Tata Consumer Products dividend

The Tata group giant declared a final dividend Rs 10 per equity share for FY26 -- a 1000 per cent payout given the face value of Re 10 per equity share.

The company said the payout will be made on or after June 15.

TATACONSUM shares vs Nifty 50

Earlier in the day, Tata Consumer Products shares rose 2.0 per cent to close at Rs 1,176 apiece on BSE.

At this level, the stock is flat for the year, better than the Nifty50's 7.5 per cent fall.