Tata Consumer crosses Rs 20,000 crore revenue; growth brands now 30% of India portfolio
Chairman targets 25% growth from Capital Foods, Soulfull and Organic India, backed by Rs 700 crore FY27 capex and 80 product launches. Tata Starbucks turned EBITDA positive at 502 stores, with a long-term runway to 8,000 outlets at 50-100 openings a year.
What happened
Tata Consumer Products crossed Rs 20,000 crore annual revenue, with growth categories at 30%+ of India portfolio. Chairman targets 25% growth from Capital
Key facts
- Rs 20,000 crore revenue
- 30% India portfolio from growth businesses
- 80 products launched FY26
- 4.5% innovation share of sales
- Rs 70 crore R&D
- Rs 700 crore capex FY27
- 502 Starbucks stores
- 50-100 stores/year
- 8,000 store long-term target
- 25% growth target acquisitions
- 48% vs 35-36% gross margins
Why this matters
Capital Foods, Soulfull and Organic India are now anchor growth assets at 30% of India sales, signaling Tata Consumer will keep buying premium-niche FMCG brands and scaling Starbucks toward an 8,000-store footprint.