Tata Tea: Strategy on course - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Tata Tea: Strategy on course

Jan 27, 2004

Tea major, Tata Tea, has reported nearly 7% revenue growth for the December quarter. The company managed to hold its operating margins steady, but a hike in the company's tax provision as well as a significant dip in other income resulted in Tata Tea reporting an 8% decline in net profit for the quarter. These results however, only reflect Tata Tea's Indian operations.

India operations
(Rs m) 3QFY03 3QFY04 Change 9mFY03 9mFY04 Change
Net sales 1,914 2,040 6.6% 5,672 5,907 4.1%
Other Income 50 29 -41.5% 219 233 6.2%
Expenditure 1,660 1,769 6.6% 4,724 4,941 4.6%
Operating Profit (EBDIT) 254 271 6.4% 949 966 1.8%
Operating Profit Margin (%) 13.3% 13.3% 16.7% 16.3%
Interest 26 28 9.0% 113 74 -34.8%
Depreciation 55 54 -1.6% 164 166 1.6%
Profit before Tax 224 218 -2.6% 891 958 7.6%
Tax 54 62 15.4% 220 230 4.5%
Profit after Tax/(Loss) 170 156 -8.2% 671 729 8.6%
Net profit margin (%) 8.9% 7.6%   11.8% 12.3%  
No. of Shares (eoy) (m) 56.2 56.2   56.2 56.2  
Diluted Earnings per share (Rs)* 12.1 11.1   15.9 17.3  
Current P/e ratio (x)   30.5     19.6  
*(annualised)            

To Read the Full Story, Subscribe or Sign In
To Read the Full Story, Subscribe or Sign In


Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms

TATA CONSUMER SHARE PRICE


Dec 7, 2021 02:38 PM

TRACK TATA CONSUMER

  • Track your investment in TATA CONSUMER with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

TATA CONSUMER 5-YR ANALYSIS

COMPARE TATA CONSUMER WITH

MARKET STATS