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    TATACONSUM   INE192A01025

TATA CONSUMER PRODUCTS LIMITED

(TATACONSUM)
  Report
End-of-day quote NSE India Stock Exchange  -  2022-11-24
789.15 INR   -0.45%
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Tata Consumer Products : appoints David Atkinson as Senior Vice President and Country Head, UK and Ireland

09/15/2022 | 11:00am EST

Tata Consumer Products (TCP), the consumer products company uniting the principal food and beverage interests of the Tata Group under one umbrella, has appointed David Atkinson as Senior Vice President and Head, UK & Ireland. The announcement is in line with the company's commitment to strengthen and grow its business in key international markets.

In his new role as Country Head, David will be responsible for leading the business and teams in UK and Ireland. This includes developing and executing a growth roadmap for the company as well as enhancing operational excellence. Combining its interests in tea and ready-to-drink products, TCP will be focusing on strengthening and growing its three key beverage brands- Tetley, Good Earth and teapigs in international markets. David will be based in London and report to the President of the International Business, Gharry Eccles.

David comes with over two decades of experience, having joined Tata Consumer Products from Hain Daniels Group where he served as Managing Director, Grocery. Prior to this, he has held key leadership roles at companies such as Procter & Gamble and RHM plc (formerly Ranks Hovis McDougall). David has a proven track record for driving strategic transformation and brings considerable experience of building and nurturing consumer and challenger brands at an exciting juncture in TCPs growth journey.

About Tata Consumer Products Limited

Tata Consumer Products Limited is a focused consumer products company uniting the principal food and beverage interests of the Tata Group under one umbrella. The Company's portfolio of products includes tea, coffee, water, RTD, salt, pulses, spices, ready-to-cook and ready-to-eat offerings, breakfast cereals, snacks and mini meals. Tata Consumer Products is the 2nd largest branded tea company in the world. Its key beverage brands include Tata Tea, Tetley, Eight O'Clock Coffee, Tata Coffee Grand, Himalayan Natural Mineral Water, Tata Water Plus and Tata Gluco Plus. Its foods portfolio includes brands such as Tata Salt, Tata Sampann, Tata Soulfull and Tata Q. In India, Tata Consumer Products has a reach of over 201 million households, giving it an unparalleled ability to leverage the Tata brand in consumer products. The Company has a consolidated annual turnover of ~Rs. 12,425 Crs with operations in India and International markets. For more information, please visit https://www.tataconsumer.com/

Disclaimer

Tata Consumer Products Ltd. published this content on 15 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2022 14:59:00 UTC.


ę Publicnow 2022
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Analyst Recommendations on TATA CONSUMER PRODUCTS LIMITED
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Financials
Sales 2023 138 B 1 688 M 1 688 M
Net income 2023 11 984 M 147 M 147 M
Net cash 2023 23 731 M 290 M 290 M
P/E ratio 2023 61,6x
Yield 2023 0,84%
Capitalization 733 B 8 964 M 8 964 M
EV / Sales 2023 5,14x
EV / Sales 2024 4,58x
Nbr of Employees 3 000
Free-Float 65,2%
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Mean consensus BUY
Number of Analysts 22
Last Close Price 789,15 INR
Average target price 871,38 INR
Spread / Average Target 10,4%
EPS Revisions
Managers and Directors
Sunil A. D'Souza Chief Executive Officer, Executive Director & MD
Krishna Kumar Lakshmanan Group Chief Financial Officer & Executive Director
Sivakumar Sivasankaran Chief Financial Officer
Natarajan Chandrasekaran Chairman
Vikas Gupta Global Head-Research & Development
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