---
title: "Tata Coffee Ltd(Merged) (TATACOFFEE) — Share Price, Financials & Analysis"
symbol: "TATACOFFEE"
company: "Tata Coffee Ltd(Merged)"
canonical: "https://tapetide.com/stocks/TATACOFFEE"
sector: "Fast Moving Consumer Goods"
industry: "Agricultural Food & other Products"
generated_at: "2026-09-13T18:57:42.484Z"
---

# Tata Coffee Ltd(Merged) (TATACOFFEE)

Canonical page: https://tapetide.com/stocks/TATACOFFEE

## Company

- **Sector:** Fast Moving Consumer Goods
- **Industry:** Agricultural Food & other Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** DELISTED
- **Listed Since:** 2000-02-16
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** tatacoffee.com

## About

Tata Coffee Ltd is primarily engaged in the production, trading and distribution of Coffee and Tea and Allied products. The group has operations in India, USA, CIS countries, Europe, Africa and Vietnam.[1]
It is Asia's largest integrated coffee company, the second largest exporter of Instant Coffee and foremost producer of Specialty coffee in India.[2]
The promoter of the company is Tata Consumer Products Ltd which holds 57.48% shares of TCL.[3]

## Latest Price

## Key Insights

### Strengths

- Company has been maintaining a healthy dividend payout of 22.5%
- Debtor days have improved from 35.6 to 27.2 days.

### Weaknesses

- Stock is trading at 3.47 times its book value
- Company has a low return on equity of 9.85% over last 3 years.
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 4% | 30% | 10% |
| revenue growth | 8% | 13% | 13% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 533 | 591 | 533 | 549 | 626 | 656 | 662 | 718 | 747 | 723 | 701 | 696 |
| Expenses | 436 | 497 | 442 | 446 | 510 | 545 | 546 | 636 | 654 | 617 | 583 | 594 |
| Operating Profit | 96 | 94 | 90 | 102 | 116 | 111 | 117 | 82 | 93 | 106 | 117 | 102 |
| OPM % | 18 | 16 | 17 | 19 | 18 | 17 | 18 | 11 | 12 | 15 | 17 | 15 |
| Other Income | 5 | 18 | 4 | 3 | 7 | 5 | 3 | 141 | 7 | 13 | 7 | 23 |
| Interest | 13 | 12 | 12 | 14 | 10 | 10 | 12 | 15 | 21 | 20 | 21 | 21 |
| Depreciation | 21 | 20 | 20 | 21 | 20 | 20 | 20 | 21 | 22 | 23 | 22 | 22 |
| Profit before tax | 68 | 79 | 63 | 70 | 92 | 86 | 88 | 187 | 57 | 76 | 82 | 82 |
| Tax % | 26 | 28 | 27 | 24 | 24 | 26 | 25 | 21 | 33 | 7 | 24 | 22 |
| Net Profit | 50 | 57 | 46 | 54 | 69 | 64 | 65 | 147 | 38 | 70 | 62 | 64 |
| EPS in Rs | 1.69 | 2.3 | 1.53 | 1.82 | 2.37 | 2.18 | 2.41 | 7.62 | 1.43 | 2.61 | 2.54 | 3.04 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1693 | 1551 | 1606 | 1567 | 1804 | 1966 | 2255 | 2364 | 2850 | 2866 |
| Expenses | 1351 | 1268 | 1215 | 1303 | 1561 | 1645 | 1865 | 1944 | 2452 | 2448 |
| Operating Profit | 342 | 283 | 391 | 264 | 243 | 321 | 390 | 420 | 398 | 418 |
| OPM % | 20 | 18 | 24 | 17 | 13 | 16 | 17 | 18 | 14 | 15 |
| Other Income | 15 | 13 | 20 | 11 | 29 | 25 | 31 | 19 | 164 | 51 |
| Interest | 39 | 37 | 37 | 35 | 46 | 65 | 54 | 46 | 68 | 83 |
| Depreciation | 52 | 53 | 57 | 55 | 57 | 81 | 83 | 81 | 86 | 89 |
| Profit before tax | 266 | 206 | 318 | 186 | 170 | 200 | 284 | 311 | 408 | 297 |
| Tax % | 36 | 39 | 34 | -1 | 37 | 30 | 26 | 25 | 21 | — |
| Net Profit | 170 | 125 | 210 | 187 | 107 | 141 | 212 | 233 | 321 | 234 |
| EPS in Rs | 6.44 | 4.42 | 8.09 | 5.71 | 3.68 | 4.41 | 7.15 | 7.91 | 14.07 | 9.62 |
| Dividend Payout % | 20 | 29 | 22 | 26 | 41 | 34 | 21 | 25 | 21 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
| Reserves | 778 | 913 | 1038 | 1104 | 1162 | 1236 | 1351 | 1500 | 1775 | 1836 |
| Borrowings | 902 | 896 | 780 | 990 | 1155 | 1326 | 1249 | 1109 | 1115 | 1058 |
| Other Liabilities | 716 | 722 | 805 | 798 | 854 | 983 | 952 | 1061 | 1151 | 1120 |
| Total Liabilities | 2414 | 2550 | 2642 | 2910 | 3189 | 3564 | 3571 | 3689 | 4059 | 4033 |
| Fixed Assets | 1664 | 1772 | 1799 | 1802 | 1915 | 2511 | 2384 | 2394 | 2543 | 2548 |
| CWIP | 19 | 9 | 37 | 110 | 391 | 61 | 47 | 74 | 59 | 64 |
| Investments | 76 | 76 | 109 | 42 | 95 | 109 | 36 | 41 | 95 | 54 |
| Other Assets | 655 | 693 | 697 | 955 | 787 | 882 | 1104 | 1180 | 1362 | 1367 |
| Total Assets | 2414 | 2550 | 2642 | 2910 | 3189 | 3564 | 3571 | 3689 | 4059 | 4033 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 199 | 238 | 236 | 327 | 124 | 145 | 261 | 302 | 143 | 293 |
| Cash from Investing Activity | -57 | -75 | -80 | -127 | -188 | -168 | -27 | -29 | -4 | -10 |
| Cash from Financing Activity | -112 | -206 | -144 | -210 | 102 | -9 | -174 | -141 | -297 | -233 |
| Net Cash Flow | 31 | -43 | 12 | -10 | 38 | -33 | 59 | 132 | -158 | 50 |
| Free Cash Flow | 136 | 107 | 180 | 263 | -144 | -23 | 207 | 307 | 114 | 408 |
| CFO/OP | 86 | 85 | 103 | 107 | 75 | 79 | 97 | 96 | 51 | 103 |

### Ratios

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 21 | 32 | 39 | 36 | 45 | 35 | 45 | 35 | 45 | 27 |
| Inventory Days | 189 | 193 | 171 | 182 | 162 | 165 | 175 | 154 | 203 | 178 |
| Days Payable | 40 | 70 | 55 | 61 | 59 | 50 | 65 | 46 | 61 | 69 |
| Cash Conversion Cycle | 170 | 154 | 155 | 157 | 148 | 149 | 155 | 142 | 188 | 136 |
| Working Capital Days | 32 | 32 | 47 | 46 | 51 | 36 | 33 | -30 | -64 | -58 |
| ROCE % | 15 | 16 | 12 | 16 | 10 | 8 | 9 | 10 | 11 | 10 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 57.48% | 57.48% | 57.48% | 57.48% | 57.48% | 57.48% | 57.48% | 57.48% |
| FIIs | 0.03% | 0.04% | 0.02% | 0% | 0.1% | 0.71% | 3.1% | 4.58% |
| DIIs | 5.87% | 5.25% | 6.06% | 5.87% | 5.97% | 4.3% | 5.61% | 5.33% |
| Public | 36.62% | 37.23% | 36.43% | 36.65% | 36.45% | 37.51% | 33.81% | 32.58% |
| No. of Shareholders | 70693 | 88855 | 97427 | 99876 | 129546 | 273530 | 239541 | 218930 |

### Quarterly

| Category | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 57.48% | 57.48% | 57.48% | 57.48% | 57.48% | 57.48% | 57.48% | 57.48% | 57.48% | 57.48% | 57.48% | 57.48% |
| FIIs | 0.05% | 0.1% | 0.09% | 0.29% | 0.42% | 0.71% | 1.78% | 2.04% | 2.69% | 3.1% | 4.49% | 4.58% |
| DIIs | 6.21% | 5.97% | 5.16% | 4.86% | 4.38% | 4.3% | 4.84% | 5.29% | 5.59% | 5.61% | 5.61% | 5.33% |
| Public | 36.25% | 36.45% | 37.26% | 37.37% | 37.71% | 37.51% | 35.9% | 35.17% | 34.22% | 33.81% | 32.41% | 32.58% |
| No. of Shareholders | 120647 | 129546 | 168537 | 217643 | 263569 | 273530 | 269177 | 260767 | 243558 | 239541 | 223982 | 218930 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 3 / 3

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 324.34 | Buy |
| EMA (10) | 323.05 | Buy |
| SMA (20) | 305.65 | Buy |
| EMA (20) | 310.53 | Buy |
| SMA (50) | 283.23 | Buy |
| EMA (50) | 289.64 | Buy |
| SMA (100) | 266.85 | Buy |
| EMA (100) | 271.9 | Buy |
| SMA (200) | 243.19 | Buy |
| EMA (200) | 253.13 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 81.97 | Sell |
| MACD (12,26,9) | 15.32 | Buy |
| Stochastic (14,3,3) | 94.6 | Sell |
| ADX (14) | 65.78 | Buy |
| Williams %R (14) | -3.81 | Sell |
| ATR (14) | 6.45 | Neutral |
| ROC (12) | 14.47 | Buy |
| Stoch RSI (14) | 57.38 | Neutral |
| UO (7,14,28) | 61.35 | Neutral |

## Filings & Documents

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2022 | [Concall - Oct 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1eba5947-11ae-44d6-a0a9-606b99eaf324.pdf) |
| Oct 2022 | [Concall - Oct 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1eba5947-11ae-44d6-a0a9-606b99eaf324.pdf) |
| Jul 2023 | [Concall - Jul 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=80ca8fc9-aa1b-4657-a792-03d6c78d27b2.pdf) |
| Jul 2023 | [Concall - Jul 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/80ca8fc9-aa1b-4657-a792-03d6c78d27b2.pdf) |
| Jan 2023 | [Concall - Jan 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=979a59fa-7e2b-4dc6-b166-6ec5d91352e6.pdf) |
| Jan 2023 | [Concall - Jan 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/979a59fa-7e2b-4dc6-b166-6ec5d91352e6.pdf) |
| Aug 2022 | [Concall - Aug 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=36396cf9-a382-40ee-adf0-a0407f797365.pdf) |
| Aug 2022 | [Concall - Aug 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/36396cf9-a382-40ee-adf0-a0407f797365.pdf) |
| Apr 2023 | [Concall - Apr 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=17f30cda-83fb-41ee-8ad3-9416f46a47a1.pdf) |
| Apr 2023 | [Concall - Apr 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/17f30cda-83fb-41ee-8ad3-9416f46a47a1.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2013 from nse](https://archives.nseindia.com/annual_reports/AR_121_TATACOFFEE_2012_2013_21062013174116.zip) |
| from nse | [Annual Report 2012 from nse](https://archives.nseindia.com/annual_reports/AR_TATACOFFEE_2011_2012_27062012112853.zip) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3822613e-026a-4183-a552-19f8084ff077.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport//73023532301.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport//68471532301.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport//5323010320.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport//5323010319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport//5323010318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport//5323010317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport//5323010316.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:57:42.484Z.