Tata Consumer

Serving More Moments.

For Better.

INTEGRATED ANNUAL REPORT 2025-26

Who we are

We are Tata Consumer Products, an integrated Food & Beverage (F&B) Company with a growing portfolio. Anchored in the Tata Group’s heritage, we operate across brands, formats and channels, serving households in India and key international markets.

Our portfolio spans beverages, packaged foods, staples and wellness, supported by strong brands, a wide distribution network and deep consumer insights.

With a focus on disciplined execution, capability building and long-term relevance, we continue to expand our footprint while strengthening the foundations of a future-ready consumer business.

Who we are

Scale that Delivers

290 Mn

Householdsreached in India

1,00,421

INR CroresMarket capitalisation as on March 31, 2026

20,290

INR CroresConsolidated revenue in FY 2025-26

#2

Branded Tea PlayerGlobally

11,233

Employeesworldwide

4.5 Mn

Retailoutlets

Integrated

F&B Companywith rich heritage of Tata, aspiring for a larger share of the FMCG World

Among the top 10

FMCG companiesin India

290 Mn

Householdsreached in India

1,00,421

INR CroresMarket capitalisation as on March 31, 2026

20,290

INR CroresConsolidated revenue in FY 2025-26

#2

Branded Tea PlayerGlobally

11,233

Employeesworldwide

4.5 Mn

Retailoutlets

Integrated

F&B Companywith rich heritage of Tata, aspiring for a larger share of the FMCG World

Among the top 10

FMCG companiesin India

Leadership Messages

‘‘

Your Company crossed the historic revenue threshold of Rs.20000 crore this year and is now a multi-category F&B company.

N. Chandrasekaran

Chairman

N. Chandrasekaran

Performance
at Scale

Revenue from Operations

(INR Crores)
FY 25-26
20,290
FY 24-25
17,618
FY 23-24
15,206
FY 22-23
13,783
FY 21-22
12,425
15%YOY%

EBITDA

(INR Crores)
FY 25-26
2,815
FY 24-25
2,502
FY 23-24
2,323
FY 22-23
1,874
FY 21-22
1,749
12%YOY%

Profit Before Tax and Exceptional Items

(INR Crores)
FY 25-26
2,193
FY 24-25
1,782
FY 23-24
2,023
FY 22-23
1,634
FY 21-22
1,508
23%YOY%

Profit Before Tax

(INR Crores)
FY 25-26
2,173
FY 24-25
1,777
FY 23-24
1,696
FY 22-23
1,794
FY 21-22
1,456
22%YOY%

Group Net Profit

(INR Crores)
FY 25-26
1,547
FY 24-25
1,287
FY 23-24
1,215
FY 22-23
1,320
FY 21-22
1,015
20%YOY%

Return on Capital Employed (RoCE)¹

(%)
FY 25-26
42
FY 24-25
38
FY 23-24
43
FY 22-23
34
FY 21-22
33

Dividend

(Rs. per share)
FY 25-26
10.00
FY 24-25
8.25
FY 23-24
7.75
FY 22-23
8.45
FY 21-22
6.05

Product Portfolio

Tea

Our Market Presence

Revenue Contribution

36%37%27%

Branded Revenue from India Beverages business

Branded Revenue from India Foods business

Branded Revenue from International business

Workforce By Region

10,139

India

433

UK

178

USA

483

Other Regions

World Map

Board of Directors

1
MR. N. CHANDRASEKARAN
N

MR. N. CHANDRASEKARAN

Chairman

2
MR. BHARAT PURI
R
N
A

MR. BHARAT PURI

Independent Director

3
MS. SHIKHA SHARMA
N
R
A

MS. SHIKHA SHARMA

Independent Director

4
DR. K. P. KRISHNAN
S
A
C

DR. K. P. KRISHNAN

Independent Director

5
MR. DAVID CREAN
C
R
A

MR. DAVID CREAN

Independent Director

6
MR. SUNIL D’SOUZA
S

MR. SUNIL D’SOUZA

Managing Director & CEO

7
MR. AJIT KRISHNAKUMAR
C
S

MR. AJIT KRISHNAKUMAR

Executive Director & COO

1
MR. N. CHANDRASEKARAN
N

MR. N. CHANDRASEKARAN

Chairman

2
MR. BHARAT PURI
R
N
A

MR. BHARAT PURI

Independent Director

3
MS. SHIKHA SHARMA
N
R
A

MS. SHIKHA SHARMA

Independent Director

4
DR. K. P. KRISHNAN
S
A
C

DR. K. P. KRISHNAN

Independent Director

5
MR. DAVID CREAN
C
R
A

MR. DAVID CREAN

Independent Director

6
MR. SUNIL D’SOUZA
S

MR. SUNIL D’SOUZA

Managing Director & CEO

7
MR. AJIT KRISHNAKUMAR
C
S

MR. AJIT KRISHNAKUMAR

Executive Director & COO

1
MR. N. CHANDRASEKARAN
N

MR. N. CHANDRASEKARAN

Chairman

2
MR. BHARAT PURI
R
N
A

MR. BHARAT PURI

Independent Director

3
MS. SHIKHA SHARMA
N
R
A

MS. SHIKHA SHARMA

Independent Director

4
DR. K. P. KRISHNAN
S
A
C

DR. K. P. KRISHNAN

Independent Director

5
MR. DAVID CREAN
C
R
A

MR. DAVID CREAN

Independent Director

6
MR. SUNIL D’SOUZA
S

MR. SUNIL D’SOUZA

Managing Director & CEO

7
MR. AJIT KRISHNAKUMAR
C
S

MR. AJIT KRISHNAKUMAR

Executive Director & COO

A.Audit Committee
S.Stakeholders Relationship
N.Nomination & Remuneration Committee
R.Risk Management Committee
C.Corporate Social Responsibility (CSR) and Sustainability Committee
Chairperson
Member

Leadership Team

MR. SUNIL D’SOUZA

MR. SUNIL D’SOUZA

Managing Director & CEO

MR. AJIT KRISHNAKUMAR

MR. AJIT KRISHNAKUMAR

Executive Director & COO

MR. ASHISH GOENKA

MR. ASHISH GOENKA

Group Chief Financial Officer

MR. TARUN N. P. VARMA

MR. TARUN N. P. VARMA

Global Chief Human Resources & Sustainability Officer

MR. SHARAT VERMA

MR. SHARAT VERMA

President - Packaged Beverages and Organic India

MS. DEEPIKA BHAN

MS. DEEPIKA BHAN

President - Packaged Foods, Capital Foods and Soulfull

MR. GHARRY ECCLES

MR. GHARRY ECCLES

President – International Business

MR. PARTHA BISWAS

MR. PARTHA BISWAS

President – Ready-to-Drink Business

MR. AMIT PANT

MR. AMIT PANT

President - Solubles Business

MR. PUNIT GUPTA

MR. PUNIT GUPTA

President and Head – India Sales

MR. VIKAS GUPTA

MR. VIKAS GUPTA

Global Chief R&D Officer

MR. RAJESH GOPAL

MR. RAJESH GOPAL

Global Chief Digital Officer

MR. RISHI GAUTAM

MR. RISHI GAUTAM

Global General Counsel

MR. ABHIJIT MIDHA

MR. ABHIJIT MIDHA

Senior Vice President – Strategy and M&A

MR. SUNIL D’SOUZA

MR. SUNIL D’SOUZA

Managing Director & CEO

MR. AJIT KRISHNAKUMAR

MR. AJIT KRISHNAKUMAR

Executive Director & COO

MR. ASHISH GOENKA

MR. ASHISH GOENKA

Group Chief Financial Officer

MR. TARUN N. P. VARMA

MR. TARUN N. P. VARMA

Global Chief Human Resources & Sustainability Officer

MR. SHARAT VERMA

MR. SHARAT VERMA

President - Packaged Beverages and Organic India

MS. DEEPIKA BHAN

MS. DEEPIKA BHAN

President - Packaged Foods, Capital Foods and Soulfull

MR. GHARRY ECCLES

MR. GHARRY ECCLES

President – International Business

MR. PARTHA BISWAS

MR. PARTHA BISWAS

President – Ready-to-Drink Business

MR. AMIT PANT

MR. AMIT PANT

President - Solubles Business

MR. PUNIT GUPTA

MR. PUNIT GUPTA

President and Head – India Sales

MR. VIKAS GUPTA

MR. VIKAS GUPTA

Global Chief R&D Officer

MR. RAJESH GOPAL

MR. RAJESH GOPAL

Global Chief Digital Officer

MR. RISHI GAUTAM

MR. RISHI GAUTAM

Global General Counsel

MR. ABHIJIT MIDHA

MR. ABHIJIT MIDHA

Senior Vice President – Strategy and M&A

MR. SUNIL D’SOUZA

MR. SUNIL D’SOUZA

Managing Director & CEO

MR. AJIT KRISHNAKUMAR

MR. AJIT KRISHNAKUMAR

Executive Director & COO

MR. ASHISH GOENKA

MR. ASHISH GOENKA

Group Chief Financial Officer

MR. TARUN N. P. VARMA

MR. TARUN N. P. VARMA

Global Chief Human Resources & Sustainability Officer

MR. SHARAT VERMA

MR. SHARAT VERMA

President - Packaged Beverages and Organic India

MS. DEEPIKA BHAN

MS. DEEPIKA BHAN

President - Packaged Foods, Capital Foods and Soulfull

MR. GHARRY ECCLES

MR. GHARRY ECCLES

President – International Business

MR. PARTHA BISWAS

MR. PARTHA BISWAS

President – Ready-to-Drink Business

MR. AMIT PANT

MR. AMIT PANT

President - Solubles Business

MR. PUNIT GUPTA

MR. PUNIT GUPTA

President and Head – India Sales

MR. VIKAS GUPTA

MR. VIKAS GUPTA

Global Chief R&D Officer

MR. RAJESH GOPAL

MR. RAJESH GOPAL

Global Chief Digital Officer

MR. RISHI GAUTAM

MR. RISHI GAUTAM

Global General Counsel

MR. ABHIJIT MIDHA

MR. ABHIJIT MIDHA

Senior Vice President – Strategy and M&A

Our Capitals

Financial Capital

Financial Capital

Manufactured Capital

Manufactured Capital

Intellectual Capital

Intellectual Capital

Human Capital

Human Capital

Social Capital

Social Capital

Natural Capital

Natural Capital