Tata Consumer Products (NSE:TATACONSUM) Dividend Payout Ratio: 2.32 (As of Jun. 2026) — 338% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:TATACONSUM Tata Consumer Products Ltd NSE:TATACONSUM
92 GF Score
Price ₹1,079.50
GF Value ₹1,298.31
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Tata Consumer Products Dividend Payout Ratio?

Tata Consumer Products NSE:TATACONSUM -1.01% 92 Dividend Payout Ratio is 2.32 as of Jun. 2026, which is 338% above its 10-year median of 0.53. GuruFocus rates NSE:TATACONSUM with a GF Score™ of 92/100 and a GF Value™ of ₹1,298.31 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,004 Consumer Packaged Goods companies, Tata Consumer Products ranks worse than 65.64% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Tata Consumer Products's Dividend Payout Ratio for the months ended in Jun. 2026 was 2.32.

The historical rank and industry rank for Tata Consumer Products's Dividend Payout Ratio or its related term are showing as below:

NSE:TATACONSUM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.53   Max: 0.61
Current: 0.6

During the past 13 years, the highest Dividend Payout Ratio of Tata Consumer Products was 0.61. The lowest was 0.29. And the median was 0.53.

NSE:TATACONSUM's Dividend Payout Ratio is ranked worse than
65.64% of 1004 companies
in the Consumer Packaged Goods industry
Industry Median: 0.44 vs NSE:TATACONSUM: 0.60

As of today (2026-08-15), the Dividend Yield % of Tata Consumer Products is 0.93%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Tata Consumer Products was 3.06%. The lowest was 0.36%. And the median was 0.78%.

Tata Consumer Products's Dividends per Share for the months ended in Jun. 2026 was ₹10.00.

During the past 12 months, Tata Consumer Products's average Dividends Per Share Growth Rate was 21.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 11.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 25.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 15.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Tata Consumer Products was 51.80% per year. The lowest was -17.00% per year. And the median was 10.65% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Tata Consumer Products (NSE:TATACONSUM) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Tata Consumer Products Dividend Payout Ratio Related Terms

Tata Consumer Products Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Tata Consumer Products's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tata Consumer Products Dividend Payout Ratio Chart

Tata Consumer Products Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.52 0.57 0.59 0.54

Tata Consumer Products Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.45 0.00 0.00 0.00 2.32

NSE:TATACONSUM vs KHC, GIS: Dividend Payout Ratio Comparison

For the Packaged Foods subindustry, Tata Consumer Products's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tata Consumer Products Dividend Payout Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tata Consumer Products's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Tata Consumer Products's Dividend Payout Ratio falls into.


NSE:TATACONSUM
92GF Score
Tata Consumer Products Ltd NSE:TATACONSUM
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tata Consumer Products Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Tata Consumer Products's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=8.25/ 15.354
=0.54

Tata Consumer Products's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=10/ 4.31
=2.32

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 2.32 mean?
Tata Consumer Products (NSE:TATACONSUM) has a Dividend Payout Ratio of 2.32 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Tata Consumer Products and its competitors. This is 338% above median its historical median of 0.53. Over the past decade, Tata Consumer Products' Dividend Payout Ratio has ranged from 0.29 to 0.61. According to the industry distribution chart, Tata Consumer Products ranks #659 out of 1004 companies in the Consumer Packaged Goods industry, placing it in the top 65.6%.
Is Tata Consumer Products' Dividend Payout Ratio too high?
Tata Consumer Products' current Dividend Payout Ratio of 2.32 is 338% above median its 10-year median of 0.53. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.61. The Consumer Packaged Goods industry median Dividend Payout Ratio is 0.44. Tata Consumer Products' value of 2.32 is 427.3% above this industry median. Based on the distribution chart, Tata Consumer Products ranks #659 out of 1004 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Tata Consumer Products has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tata Consumer Products' Dividend Payout Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Tata Consumer Products ranks #659 out of 1004 companies for Dividend Payout Ratio. This places Tata Consumer Products in the lower half of its industry. The industry median Dividend Payout Ratio is 0.44. Tata Consumer Products' value of 2.32 is 427.3% above this benchmark. Historically, Tata Consumer Products' own Dividend Payout Ratio has ranged from 0.29 to 0.61 over the past decade. While the company's 10-year median is 0.53 vs. the industry median of 0.44, Tata Consumer Products has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Consumer Packaged Goods company?
The median Dividend Payout Ratio among Consumer Packaged Goods companies is 0.44, based on 1,004 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tata Consumer Products's current Dividend Payout Ratio of 2.32 is 427.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Tata Consumer Products and its competitors. For the Consumer Packaged Goods industry, the median Dividend Payout Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tata Consumer Products's current Dividend Payout Ratio is 2.32, which is 338% above median its own 10-year median of 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Consumer Products stock overvalued right now?
Based on GuruFocus' analysis, Tata Consumer Products (NSE:TATACONSUM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,298.31, compared to a current price of ₹1,079.50 — trading 16.9% below its estimated fair value. The current Dividend Payout Ratio is 2.32, which is 338% above median its 10-year median of 0.53 and 427.3% above the Consumer Packaged Goods industry median of 0.44. Tata Consumer Products' overall GF Score™ is 92/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Tata Consumer Products (NSE:TATACONSUM), the current Dividend Payout Ratio is 2.32 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tata Consumer Products (NSE:TATACONSUM) Overvalued in 2026?

Based on GuruFocus' analysis, Tata Consumer Products stock appears to be undervalued. The current stock price of ₹1,079.50 is trading 16.9% below its estimated GF Value™ of ₹1,298.31. GuruFocus considers Tata Consumer Products to be Modestly Undervalued.

Key valuation signals for NSE:TATACONSUM:

  • Dividend Payout Ratio: 2.32 (338% above median its 10-year median of 0.53)
  • GF Value™: ₹1,298.31 vs. price of ₹1,079.50 (16.9% below fair value)
  • GF Score™: 92/100 with 2 warning signs
  • Industry Position: 427.3% above the Consumer Packaged Goods median (#659 of 1004)

No single metric tells the full story. See the NSE:TATACONSUM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tata Consumer Products Business Description

Other Exchanges 500800:India
Address Office No 2-6 Horniman Circle, 11/13 Botawala Building 1st Floor, Fort, Mumbai, MH, IND, 400 001
Tata Consumer Products Ltd is engaged in the trading, manufacturing and distribution of Consumer products Tea, Coffee, Water, Salt, Pulses, Spices, Snacks, Ready-to-Eat packaged food products, processed food products, collectively termed as branded business. It has branded business mainly in India, Europe, USA, Canada, South Africa and Australia. The non-branded plantation business is in India and tea and coffee extraction businesses are mainly in India, Vietnam and the USA. Its segments include Branded business and Non-Branded Business: Plantation and Extraction business for tea, coffee and other produce. It derives majority of revenue from Branded business in India and international which includes sale of branded tea, coffee & water and sale of food products in various value-added forms.
92GF Score

Get the complete analysis for NSE:TATACONSUM

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,079.50
Price
₹1,298.31
GF Value