Tata Global Beverages has restructured its international operations in order to unlock synergies for the business, optimize costs and streamlineoperations.

• Restructure of EMEA and CAA business units: The erstwhile EMEA (UK, Europe, Middle East and Africa) and CAA (Canada, Australia, and Americas) units of TGB have been merged into a single unit called the International Business Division, with experienced country heads in keymarkets, reporting into a single head, Adil Ahmad for the International Business Division. This will build greater alignment across the company and better cost efficiency. Adil has been with TGB since 2015 as Chief Marketing Officer. He has played a key role in developing a strong portfolio of global brands with a focus on overall brand health, profitability and premiumization.

• Exit from non-core/unprofitable markets: TGB has exited non-core and sub scale markets in order to better focus on its core markets. In Russia, the company has restructured its operating model, it has divested its stake in plantations in Sri Lanka, and exited its jointventure business in China.

• Outsourcing back office processes: The company has also identified back office processes in Human Resources, Finance and Operations, and outsourced the management of these back office processes to Tata Consultancy Services (TCS). These processes are now being handled from the TCS Development Centre in Kolkata. This will result in cost savings, increase business efficiency and build digital capability for the business. This transition will enable our business managers to wholly concentrate on core business activities, growth and expansion.

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Tata Global Beverages Ltd gained for a fifth straight session today. The stock is quoting at Rs 245.5, up 1.03% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.75% on the day, quoting at 11556.45. The Sensex is at 38294.18, up 0.91%. Tata Global Beverages Ltd has risen around 0.9% in last one month.

Meanwhile, Nifty FMCG index of which Tata Global Beverages Ltd is a constituent, has risen around 7.99% in last one month and is currently quoting at 32340.05, up 0.18% on the day. The volume in the stock stood at 11.58 lakh shares today, compared to the daily average of 31.5 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 246, up 1.11% on the day. Tata Global Beverages Ltd is up 25.16% in last one year as compared to a 18.47% spurt in NIFTY and a 26.56% spurt in the Nifty FMCG index.

The PE of the stock is 33.73 based on TTM earnings ending June 18.

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Tata Global Beverages Ltd gained for a third straight session today. The stock is quoting at Rs 242.3, up 2% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.24% on the day, quoting at 11462.45. The Sensex is at 37934.33, up 0.22%. Tata Global Beverages Ltd has gained around 1.53% in last one month.

Meanwhile, Nifty FMCG index of which Tata Global Beverages Ltd is a constituent, has gained around 10.73% in last one month and is currently quoting at 31725.25, up 1.2% on the day. The volume in the stock stood at 13.32 lakh shares today, compared to the daily average of 32.52 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 242.85, up 1.31% on the day. Tata Global Beverages Ltd is up 24.64% in last one year as compared to a 16.52% jump in NIFTY and a 24.83% jump in the Nifty FMCG index.

The PE of the stock is 33.08 based on TTM earnings ending June 18.

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Net profit of Tata Global Beverages declined 3.13% to Rs 147.71 crore in the quarter ended June 2018 as against Rs 152.48 crore during the previous quarter ended June 2017. Sales rose 5.72% to Rs 908.60 crore in the quarter ended June 2018 as against Rs 859.44 crore during the previous quarter ended June 2017.

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