Motilal Oswal sets INR 1,230 target for Tata Consumer stock

Published on 10/13/2026 at 10:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tata Consumer reported INR 4.27 billion profit in the June 2026 quarter. Tata Consumer stock posted 29.00 percent profit growth and 12.00 percent revenue growth.

Motilal Oswal set an INR 1,230 target for Tata Consumer Products on October 6, 2026.
June 2026 revenue rose 12.00 percent to INR 53.49 billion and net profit increased 29.00 percent to INR 4.27 billion.
Tata Consumer Products trades on the NSE under ticker TATACONSUM and is part of the NIFTY 50.

Tata Consumer, INE192A01025, Illustration mit AI erstellt.

Motilal Oswal set an INR 1,230 target for Tata Consumer Products on October 6, 2026, while Tata Consumer stock remained tied to a business mix that is shifting beyond tea. Moneycontrol reported that the brokerage retained a Buy rating and expects revenue, EBITDA and profit after tax to grow at compound annual rates of 10.00 percent, 15.00 percent and 20.00 percent, respectively, during fiscal 2026 to fiscal 2028.

Three dated signals shape the story

On September 17, 2026, TradeBrains reported that consolidated revenue in the June 2026 quarter rose 12.00 percent to INR 53.49 billion. Net profit increased 29.00 percent to INR 4.27 billion, while EBITDA rose 19.00 percent and EBITDA margin reached 13.60 percent.

On October 5, 2026, TradingView reported that Nomura kept Tata Consumer as a top pick and forecast 12.50 percent sales growth and 16.40 percent EBITDA growth toward a 14.00 percent margin. On October 10, 2026, the same outlet reported that Motilal Oswal saw 21.00 percent upside and maintained an INR 1,230 target.

What does the target imply for growth?

The comparison is clear: the June 2026 quarter delivered 12.00 percent revenue growth, 19.00 percent EBITDA growth and 29.00 percent net profit growth. The brokerage forecast is more ambitious over fiscal 2026 to fiscal 2028, with profit after tax growth of 20.00 percent annually, placing execution in newer food and beverage categories alongside tea pricing.

Tea remains the counterweight. Moneycontrol said tea production in India declined 1.00 percent year over year during January through August 2026, while tea prices fell 8.00 percent month over month in July and 3.00 percent in August. Tata Consumer's pricing actions are intended to partly offset cost pressure.

Market value and listing

The NSE page identified Tata Consumer Products with ISIN INE192A01025 and reported a market capitalization of INR 945.2 billion on October 9, 2026. The same listing showed a 52-week range of INR 945.00 to INR 1,282.70, with Tata Consumer trading under ticker TATACONSUM and included in the NIFTY 50.

The investor picture therefore combines improving June-quarter profitability with a valuation case dependent on sustained growth outside the core tea business. The INR 1,230 target and the fiscal 2026 to fiscal 2028 growth forecast are the key dated reference points for assessing that transition.