50-75 bps EBITDA margin expansion in FY27
Management reiterated 50-75 bps margin expansion for FY27, driven by operating leverage and benign commodity costs.
TATACONSUMERPRODUCTS / guidance tracker
Keep management guidance in view.
Tata Consumer Products · forward-looking guidance across the available source record.
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Guidance tracker
What management said would happen.
margins
A&P spend to normalize at 7.5-8.5% of sales
Advertising and promotion spend will be in the 7.5-8.5% range going forward, after a soft Q4.
Growth businesses to sustain ~30% growth
Growth businesses (NourishCo, Sampann, etc.) are expected to continue growing at around 30% in the near term.
Vietnam soluble capacity expansion online by early 2027
Board approved capacity expansion in Vietnam for solubles, expected to be operational by early 2027.