Standalone

Balance Sheet
as at March 31, 2021

Rs in Crores
Note 2021 2020
ASSETS
Non-current assets
Property, Plant and Equipment 3 258.30 225.32
Capital work-in-progress 46.46 22.16
Right of Use Asset 4 224.64 124.88
Goodwill 5 3578.51 3578.51
Other Intangible Assets 5 2509.90 2523.83
Intangible asset under development 16.44 5.99
Financial Assets
Investments 6 2605.19 2324.91
Loans 7 21.71 22.35
Other Financial Assets 8 103.59 24.68
Non-Current Tax Assets (Net) 20 (c) 122.61 123.06
Other Non-Current Assets 9 88.91 87.64
9576.26 9063.33
Current assets
Inventories 10 1408.37 919.95
Financial Assets
Investments 6 287.77 724.51
Trade Receivables 11 257.23 314.17
Cash and Cash Equivalents 12 644.74 243.24
Other Bank Balances 13 968.95 494.53
Loans 7 3.79 0.66
Other Financial Assets 8 31.57 75.20
Other Current Assets 9 253.08 214.84
3855.50 2987.10
TOTAL ASSETS 13431.76 12050.43

EQUITY AND LIABILITIES

Equity
Equity share capital 14 (a) 92.16 92.16
Other Equity 14 (b) 11131.94 10757.85
TOTAL EQUITY 11224.10 10850.01
Non-Current Liabilities
Financial Liabilities
Lease Liabilities 215.30 121.82
Other Financial Liability 76.20 -
Provisions 17 148.21 137.52
Deferred Tax Liabilities (Net) 20 (e) 367.55 149.22
807.26 408.56
Current liabilities
Financial liabilities
Borrowings 15 - 35.00
Lease Liabilities 28.94 23.69
Trade Payables 18
Total outstanding dues of Micro enterprises and Small enterprises 13.96 4.31
Total outstanding dues of creditors other than Micro enterprises and Small enterprises 1088.67 442.73
Other Financial Liabilities 16 81.93 120.11
Other Current Liabilities 19 99.73 75.91
Provisions 17 82.04 73.96
Current Tax Liability (Net) 20 (d) 5.13 16.15
1400.40 791.86
Tata Consumer Products Limited

TOTAL EQUITY AND LIABILITIES 13431.76 12050.43

The accompanying notes are an integral part of the Financial Statements.

In terms of our report attached. For and on behalf of the Board

For DELOITTE HASKINS & SELLS LLP N. Chandrasekaran S. Santhanakrishnan

Chartered Accountants Chairman Director
Firm’s Registration No. 117366W/W-100018 (DIN 00121863) (DIN 00032049)

Sanjiv V. Pilgaonkar Sunil D’Souza L. KrishnaKumar

Partner Managing Director & CEO Executive Director
Membership No. 039826 (DIN: 07194259) (DIN 00423616)

John Jacob Neelabja Chakrabarty

180 Mumbai, May 06, 2021 Chief Financial Officer Company Secretary
 Financial Statements

Statement of Profit and Loss

for the year ended March 31, 2021

Rs in Crores
Note 2021 2020
Income
Revenue from Operations 21 7154.36 5690.24
Other Income 22 133.01 117.75
Total Income 7287.37 5807.99
Expenses
Cost of Materials Consumed 23 3421.65 2305.02
Purchases of Stock-in-trade 1425.63 1123.86
Change in Inventories of Finished Goods/Stock-in-trade/Work-in-progress 24 (116.90) 44.36
Employee Benefits Expense 25 321.58 283.44
Finance Costs 26 28.13 25.73
Depreciation and Amortisation Expense 126.21 114.82
Advertisement and Sales Charge 396.83 384.91
Other Expenses 27 787.00 744.63
Total Expenses 6390.13 5026.77
Profit before Exceptional Items and Taxes 897.24 781.22
Exceptional Items (Net) 28 (61.10) (51.81)
Profit before Tax 836.14 729.41
Tax Expenses 20(a)
Current Tax (1.05) (0.61)
Deferred Tax 217.68 206.48
216.63 205.87
Profit for the year 619.51 523.54
Other Comprehensive Income
Items that will not be reclassified to profit or loss
Remeasurement of defined benefit plans (4.44) (28.18)
Changes in fair valuation of equity instruments 5.87 9.84
1.43 (18.34)
Tax Impact on above items 0.01 7.47
1.44 (10.87)
Items that will be reclassified to profit or loss
Gains/(loss) on effective portion of cash flow hedges 2.62 (6.53)
Tax Impact on above items (0.66) 2.13
1.96 (4.40)
Other Comprehensive Income for the year 3.40 (15.27)
Total Comprehensive Income for the year 622.91 508.27
Earnings per share 33
Equity share of nominal value Re. 1 each
Basic and Diluted 6.72 5.68
The accompanying notes are an integral part of the Financial Statements Tata Consumer Products Limited

In terms of our report attached. For and on behalf of the Board

For DELOITTE HASKINS & SELLS LLP N. Chandrasekaran S. Santhanakrishnan

Chartered Accountants Chairman Director
Firm’s Registration No. 117366W/W-100018 (DIN 00121863) (DIN 00032049)

Sanjiv V. Pilgaonkar Sunil D’Souza L. KrishnaKumar

Partner Managing Director & CEO Executive Director
Membership No. 039826 (DIN: 07194259) (DIN 00423616)

John Jacob Neelabja Chakrabarty

Mumbai, May 06, 2021 Chief Financial Officer Company Secretary 181