Tata Consumer Products Results: Should you buy largecap Tata group stock now?

Most brokerages have maintained their positive outlook on Tata Consumer Products after the Tata group consumer products giant staged a strong financial performance last week. Several analysts raised their targets for Tata Consumer Products shares, citing better-than-expected headline numbers and margins.

Tata Consumer Products (TATACONSUM) shares jumped as much as 6.6 per cent to Rs 1,254 apiece in intraday trade post- earnings -- their biggest jump since April 2, 2025.

First things first, here's a summary of Tata Consumer Products' financial results:

Tata Consumer Products Ltd (TCPL) Q4 FY26 Results

After the market hours on Friday, the company reported a 21.5 per cent jump in its consolidated net profit to Rs 419.1 crore for the quarter ended March 31, with a 17.9 per cent increase in revenue to Rs 5,433.6 crore. Both numbers beat analysts' expectations.

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 last three months of FY26.

Operational performance

Tata Consumer Products registered a 27 per cecnt rise in its quarterly EBITDA to Rs 796 crore, with a margin at 14.65 per cent.

Zee Business had pegged the company's EBITDA at Rs 796 crore and margin at 14.2 per cent. Learn about Tata Consumer Products results in detail

For the year ended March 31, the company's net profit jumped nearly 21 per cent to Rs 1,542.3 crore, while its revenue grew to Rs 20,290.4 crore from Rs 17,618.3 crore a year ago.

Market Guru's Take: Strong results, expect margin improvement

Zee Business Managing Editor Anil Singhvi said that the Tata group company's earnings were strong on all parameters, with robust revenue growth guidance for FY27.

The Tata group company's management reiterated its guidance of double-digit percentage growth in revenue.

The market wizard said he expects Tata Consumer's margin to slightly improve going forward.

It expects the company's EBITDA to grow ahead of revenue, with a margin expansion of 50-75 basis points in FY27.

The management also noted that it does not see significant near-term pressure on margins over the next 2-3 months. Read more on market guru Anil Singhvi's views on Dalal Street

Tata Consumer Products Q4 FY26 Results: Should you buy, sell or hold the largecap Tata stock?

Foreign brokerage Goldman Sachs maintained its 'buy' call on the stock while raising its target price by Rs 50 to Rs 1,450. Its target implies an upside of more than 23 per cent in the largecap stock from its previous close.

According to Goldman Sachs, the Tata group firm's India volume growth, at 16 per cent, remains the highest among its Indian FMCG peers, and is expected to continue going forward. The brokerage also noted that its quarterly revenue growth and margin beat its expectations.

Jefferies maintains 'buy' on Tata Consumer Products; CLSA maintains 'accumulate'

Jefferies retained its 'buy' call for the Tata group stock, raising its target to Rs 1,450 from Rs 1,310 per share.

CLSA kept its 'accumulate' rating and revised its target upward by Rs 144 to Rs 1,337 per share. The brokerage noted that Tata Consumer's March-quarter sales growth, at 18 per cent, was 300 basis points above its estimate.