Tata Share (NSE: TATACONSUM) :- Tata consumer products limited, has released the results of its fourth quarter for the financial year 2024.
The company’s quarterly net profit has decreased more than 22.53% against the previous March Quarter 2023. However, revenue has been better than expected. The revenue increased 8.5% to Rs 3926.94 crore in March Quarter 2024 while it was Rs 3618.73 crore in March Quarter 2023.The company has announced a dividend to shareholders
Tata Consumer Products limited (TCPL) Dividend
The board of TCPL has announced a dividend of 775% for the financial year 2024. The final Dividend for Fy-24 is Rs 7.75 per equity share of Rs 1 each.
As per reports submitted to regulatory filing, the record date for release of dividend is 24th may. The company stated that shareholders will receive dividend after the upcoming annual general meeting.
Tata Share Condition
The share is currently priced at Rs 1119.45 by the end of today while the opening price was Rs 1127.10 with 0.80 % fall. The large cap company has wide range of business in FMCG sector with a market cap of Rs 1,04,235.36 crore. The company’s net profit and sales growth has been impressive over the year and continuously increasing, which shows great growth potential of the company.
Compounded Sales Growth | |
10 Years: | 7% |
5 Years: | 16% |
3 Years: | 9% |
TTM: | 10% |
Compounded Profit Growth | |
10 Years: | 13% |
5 Years: | 27% |
3 Years: | 17% |
TTM: | 27% |
TCPL Share Performance
The share has only offered 3.64% return so far this year. The 52-week high is Rs 1269 and 52-week low Rs 762.05 respectively. The share has given average return of 45.17% return in the last year and more than 376% over the last 5 years to its investors.
Tata Consumer Products Limited Share Price Target
According to Motilal Oswal analyst, the short-term price target for TCPL shares is Rs 1350. The company has impressive EBIT growth of 20% YoY.
Fundamental of TCPL
Market Cap | ₹ 1,06,775 Crore |
52 Week High/Low | ₹ 1269.00/₹ 762.05 |
Face Value | ₹ 1 |
Book Value | ₹ 168.29 |
ROE | 7.03% |
ROCE | 10.71% |
P/B Ratio | 6.66 |
P/E Ratio | 77 |
Dividend Yield | 0.69% |
TCPL Share Holding Pattern
Month | Promoters | FIIs | DIIs | Public Holding |
45352 | 33.55 | 25.46 | 17.39 | 23.58 |
45292 | 33.56 | 25.52 | 16.91 | 24.01 |
45261 | 34.42 | 25.62 | 17.07 | 22.88 |
45170 | 34.42 | 25.27 | 16.88 | 23.43 |
45078 | 34.45 | 25.39 | 16.34 | 23.81 |
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