Tata Consumer Products (BOM:500800) ROC (Joel Greenblatt) %: 61.86% (As of Jun. 2026) — 31% 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.

BOM:500800 Tata Consumer Products Ltd BOM:500800
92 GF Score
Price ₹1,012.00
GF Value ₹1,305.55
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Tata Consumer Products ROC (Joel Greenblatt) %?

Tata Consumer Products BOM:500800 -0.94% 92 ROC (Joel Greenblatt) % is 61.86% as of Jun. 2026, which is 31% above its 10-year median of 47.09. GuruFocus rates BOM:500800 with a GF Score™ of 92/100 and a GF Value™ of ₹1,305.55 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,987 Consumer Packaged Goods companies, Tata Consumer Products ranks better than 91.55% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Tata Consumer Products's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 61.86%.

The historical rank and industry rank for Tata Consumer Products's ROC (Joel Greenblatt) % or its related term are showing as below:

BOM:500800' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 30.21   Med: 47.09   Max: 57.84
Current: 57.84

During the past 13 years, Tata Consumer Products's highest ROC (Joel Greenblatt) % was 57.84%. The lowest was 30.21%. And the median was 47.09%.

BOM:500800's ROC (Joel Greenblatt) % is ranked better than
91.55% of 1987 companies
in the Consumer Packaged Goods industry
Industry Median: 11.99 vs BOM:500800: 57.84

Tata Consumer Products's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 3.80% per year.


Tata Consumer Products  (BOM:500800) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Tata Consumer Products ROC (Joel Greenblatt) % Related Terms


Tata Consumer Products ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Tata Consumer Products's ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % Chart

Tata Consumer Products Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.88 55.54 51.50 53.67 56.49

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
ROC (Joel Greenblatt) % 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 48.76 49.61 50.95 66.89 61.86

BOM:500800 vs KHC, GIS: ROC (Joel Greenblatt) % Comparison

For the Packaged Foods subindustry, Tata Consumer Products's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tata Consumer Products's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Tata Consumer Products's ROC (Joel Greenblatt) % falls into.


BOM:500800
92GF Score
Tata Consumer Products Ltd BOM:500800
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tata Consumer Products ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11483.3 + 35267.6 + 6923.8) - (42202.8 + 0 + 4766.2)
=6705.7

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Tata Consumer Products for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=25252/( ( (34113.7 + max(6705.7, 0)) + (0 + max(0, 0)) )/ 1 )
=25252/( ( 40819.4 + 0 )/ 1 )
=25252/40819.4
=61.86 %

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

* 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.

What does a ROC (Joel Greenblatt) % of 61.86% mean?
Tata Consumer Products (BOM:500800) has a ROC (Joel Greenblatt) % of 61.86% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Tata Consumer Products and its competitors. This is 31% above median its historical median of 47.09. Over the past decade, Tata Consumer Products' ROC (Joel Greenblatt) % has ranged from 30.21 to 57.84. According to the industry distribution chart, Tata Consumer Products ranks #168 out of 1987 companies in the Consumer Packaged Goods industry, placing it in the top 8.5%.
Is Tata Consumer Products' ROC (Joel Greenblatt) % too high?
Tata Consumer Products' current ROC (Joel Greenblatt) % of 61.86% is 31% above median its 10-year median of 47.09. Over the past 10 years, this metric has ranged from a low of 30.21 to a high of 57.84. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Tata Consumer Products' value of 61.86% is 415.9% above this industry median. Based on the distribution chart, Tata Consumer Products ranks #168 out of 1987 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. 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' ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Tata Consumer Products ranks #168 out of 1987 companies for ROC (Joel Greenblatt) %. This places Tata Consumer Products in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.99. Tata Consumer Products' value of 61.86% is 415.9% above this benchmark. Historically, Tata Consumer Products' own ROC (Joel Greenblatt) % has ranged from 30.21 to 57.84 over the past decade. While the company's 10-year median is 47.09 vs. the industry median of 11.99, 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 ROC (Joel Greenblatt) % for a Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,987 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tata Consumer Products's current ROC (Joel Greenblatt) % of 61.86% is 415.9% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Tata Consumer Products and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tata Consumer Products's current ROC (Joel Greenblatt) % is 61.86%, which is 31% above median its own 10-year median of 47.09. 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 (BOM:500800) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,305.55, compared to a current price of ₹1,012.00 — trading 22.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 61.86%, which is 31% above median its 10-year median of 47.09 and 415.9% above the Consumer Packaged Goods industry median of 11.99. 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 ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Tata Consumer Products (BOM:500800), the current ROC (Joel Greenblatt) % is 61.86% 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 (BOM:500800) Overvalued in 2026?

Based on GuruFocus' analysis, Tata Consumer Products stock appears to be undervalued. The current stock price of ₹1,012.00 is trading 22.5% below its estimated GF Value™ of ₹1,305.55. GuruFocus considers Tata Consumer Products to be Modestly Undervalued.

Key valuation signals for BOM:500800:

  • ROC (Joel Greenblatt) %: 61.86% (31% above median its 10-year median of 47.09)
  • GF Value™: ₹1,305.55 vs. price of ₹1,012.00 (22.5% below fair value)
  • GF Score™: 92/100 with 2 warning signs
  • Industry Position: 415.9% above the Consumer Packaged Goods median (#168 of 1987)

No single metric tells the full story. See the BOM:500800 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tata Consumer Products Business Description

Other Exchanges TATACONSUM: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 BOM:500800

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,012.00
Price
₹1,305.55
GF Value