Thread by @SmartSyncServ

The AR 19-20 season is here.

We, at SSS, wish to share interesting facts about listed companies from their AR.

Thanks, @SaketLohia5 for making it easy for us to track the latest AR of companies we are tracking.

We start today’s thread with Tata Consumer Products.
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Tata Global Beverages was renamed as Tata Consumer Products, following the merger of the Consumer Products business of Tata Chemicals with itself.

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Diverse Group of Consumer Business

•Tea
•Coffee
•Food
•Liquid Beverages
•Out-of-home

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Geographically Diversified

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Management Change

SUNIL D’SOUZA took over as MD & CEO of the company on April, 2020.

3 decades of rich experience in the consumer goods industry and F&B world.

All 3 segments of F&B covered:

1.In-the-Kitchen
2.On-the-Table
3.On-the-Go

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All the brands at one place

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Financial Performance

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•India’s F&B market in 2019 is at ~Rs. 30 Lakh Crores.

•Evolving Consumer Behaviour: Rising affluence of Indian households will lead to premiumization

•The Gen-Z consumer – tech-savvy, aspirational & desirous of engaging with brands across multiple channels.

(8/n)

Risk Mitigation Strategies

Two types of Risks:

•External
•Operational

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10 - Year Financial Highlights

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Remuneration to Management

•Comfortably under the Ceiling as per Company’s Act

•Ratio to Median Salary for Executive Directors is on the higher side

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Consolidated Financials

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Cash Flows

•Improving OCF

•Investing in Capex and Acquisitions

•Consistent Dividends

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Impact of Amalgamation of TGB & consumer business of Tata Chemicals in Revenues, Profits, and Share Capital

(14/n)

Based on AR, FY20 has been an eventful year for the company:

•Merger with Tata Chemicals
•New MD &CEO joining
•Tata Starbucks showing strong traction

Let’s see how things pan out in FY21.

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End