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Tata Coffee information


Tata Coffee
Formerly
  • Consolidated Coffee Estates (1922–66)
  • Consolidated Coffee Limited (1966–2000)
Company typePublic Subsidiary
Traded as
BSE: 532301
NSE: TATACOFFEE
ISININE493A01027
IndustryAgriculture
Predecessors
  • Coorg Co. Ltd.
  • Pollibetta Coffee Estates Co. Ltd.
Founded1922 (1922)
Defunct1 January 2024 (2024-01-01)[1]
FateMerged with parent company
SuccessorsTata Consumer Products
HeadquartersNo. 57, Railway Parallel Road, Kumara Park West,
Bangalore, Karnataka
,
India[2]
Area served
Worldwide
Key people
  • R. Harish Bhat
    (Chairman)
  • Chacko Purackal Thomas
    (MD & CEO)[3]
Products
Coffee  • Tea  • Pepper
RevenueIncrease 2,879.56 crore (US$360 million)[4] (2023)
Operating income
Increase 272.60 crore (US$34 million) (2023)
Net income
Increase 321.16 crore (US$40 million) (2023)
Total assetsIncrease 4,059.47 crore (US$510 million) (2023)
Total equityIncrease 2,351.18 crore (US$290 million)[4] (2023)
ParentTata Consumer Products (57.48%)[5]
Websitetatacoffee.com

Tata Coffee was an Indian company that produced coffee, tea, pepper and related products. It was a subsidiary of Tata Consumer Products, and part of the Tata Group. Tata Coffee was merged with Tata Consumer Products on 1 January 2024.

Tata Coffee owned 19 coffee estates in South India,[6] spread across the districts of Chikmagalur, Kodagu, and Hassan in Karnataka, and Valparai district in Tamil Nadu. Tata Coffee was the largest integrated coffee plantation company in the world.[7] Tata Coffee entered into a coffee sourcing and roasting agreement with Starbucks Coffee Company to supply coffee beans to its coffee chains in India. Both agreed to work toward developing and improving the profile of India-grown coffee around the world, as well as improving the quality of coffee through sustainable practices and advanced agronomy solutions.[6] In 2012, the two companies launched the equal joint venture Tata Starbucks (formerly Tata Starbucks limited). According to the reports, Tata Coffee established a $50 million greenfield instant coffee facility in Vietnam.[8][9]

  1. ^ "Tata Coffee, Tata Consumer Products merger to be effective from January 1". Business Standard. 29 December 2023. Retrieved 12 April 2024.
  2. ^ "Contact Us | Tata Coffee". tatacoffee.com. Retrieved 8 May 2022.
  3. ^ "Tata Coffee Leadership". tatacoffee.com. Retrieved 10 May 2022.
  4. ^ a b "Tata Coffee Financial Results for the year ended 31st March 2023" (PDF). Tata Coffee. Retrieved 18 April 2023.
  5. ^ "Shareholding Pattern" (PDF). Tata Coffee. Retrieved 12 April 2024.
  6. ^ a b "Starbucks Opens Spectacular Flagship Store in Mumbai, Honoring the Dynamic Culture of India" (Press release). Tata Global Beverages. 19 October 2012. Archived from the original on 5 April 2013.
  7. ^ "Tata Coffee has target of Rs 298: Chugh". Moneycontrol. 13 August 2009. Retrieved 14 March 2011.
  8. ^ "Tata Coffee to set up facility in Vietnam". thedollarbusiness.com. Retrieved 25 July 2018.
  9. ^ "Tata Coffee shares up after plans of new plant in Vietnam". dna. 20 December 2016. Retrieved 25 July 2018.

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