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Tata Consumer Products Ltd.

BSE: 500800 Sector: Agri and agri inputs
NSE: TATACONSUM ISIN Code: INE192A01025
BSE 00:00 | 08 Aug 788.25 3.90
(0.50%)
OPEN

781.00

HIGH

794.00

LOW

781.00

NSE 00:00 | 08 Aug 788.70
(%)
OPEN

781.50

HIGH

793.90

LOW

781.00

OPEN 781.00
PREVIOUS CLOSE 784.35
VOLUME 48163
52-Week high 889.00
52-Week low 650.75
P/E 80.60
Mkt Cap.(Rs cr) 72,645
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 781.00
CLOSE 784.35
VOLUME 48163
52-Week high 889.00
52-Week low 650.75
P/E 80.60
Mkt Cap.(Rs cr) 72,645
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Tata Consumer Products Ltd. (TATACONSUM) - Chairman Speech

Company chairman speech

Dear Shareholders

I am pleased to present to you the Integrated Annual Report of TataConsumer Products for FY 21-22. Just over two years ago we formed Tata Consumer Productswith the vision of becoming a formidable player in the FMCG industry. This gave us a muchlarger addressable market and created several exciting opportunities for growth. The lastcouple of years have seen unprecedented challenges in the form of the pandemicgeopolitical flareups and overall a very volatile macro environment with wide-rangingimpact on people economies and businesses. We as an organisation have used this periodto strengthen our capabilities build innovative thinking and agility and enhance ourfocus on efficiencies; all in the interest of creating a growth company. This mindset hashelped your Company deliver strong overall performance for this fiscal across all metricsand kept us firmly on track to achieving our vision. As I had shared with you in lastyear?s Annual Report we had identified six strategic priorities for the businessThese priorities are key building blocks that power the Company?s growth agenda andI am pleased to report that we have made substantial progress against each of these duringthe course of this year. Progress was made on expanding our distribution significantlyaccelerating the pace of innovation redesigning our supply network and driving digitaltransformation across the value chain. We are investing in these capabilities for the longterm and I am confident that these will catapult us towards our goals. One of the excitingopportunities before us is to understand consumer trends and leverage them to expand ourportfolio and drive our future growth. The integration of the targeted acquisitions wemade in the last fiscal to accelerate this agenda has been completed with speed and thisyear the product portfolio of the Company has been further strengthened with the additionof ready-to-eat products. There have also been several launches across the Foods andBeverages portfolio catering to consumer needs around health and wellness taste andconvenience which also helped us expand our total addressable market. We continued toinvest behind all these initiatives to ensure that these will act as growth engines forthe future.

We are streamlining and simplifying our business to be more agile andefficient and unlock its full potential. Restructuring initiatives are being undertakenin India and International markets and as part of that

"Our employees remain our most valued asset and we are constantlystriving to build an engaged and progressive workforce. During the year we launchedseveral initiatives to foster health and wellness as well as diversity and inclusion; andwe continued to strengthen programmes around recognition as also learning anddevelopment."

we recently announced a re-organisation plan to combine TataCoffee?s business into Tata Consumer Products. This exercise is expected to bringsimilar businesses in the two companies together create dedicated verticals to drivefocus and result in revenue synergies and operational efficiencies. As you will readacross this Report our approach to value creation extends to all stakeholders and weremain steadfast in our commitment to raising the bar on sustainability and corporatesocial responsibility. Our programmes related to sustainable sourcing natural resourcemanagement circular economy and community empowerment are now an integral part of ourstrategy and progressing well. Our employees remain our most valued asset and we areconstantly striving to build an engaged and progressive workforce. During the year welaunched several initiatives to foster health and wellness as well as diversity andinclusion; and we continued to strengthen programmes around recognition as also learningand development.

Making meaningful progress during such a challenging year would nothave been possible without the tireless efforts of each of our employees and the supportfrom their families. I would like to thank them all for their contributions. I am alsograteful to you our shareholders for your continued faith support and confidence in ourCompany and look forward to realising our long-term vision for Tata Consumer Products.

Warm Regards
N. Chandrasekaran
Chairman

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