I just feel Mount Everest Mineral Water is about to unlock its potential.

Synopsis of consolidated results for FY10 and company's future outlook:

Edited by master - 27/May/2010 at 9:10am

Is Tata Tea attractively valued? The new TGB website which is under construction is expected to reveal the company's true worth. TGB is just not Tata Tea and there are other brands which are as powerful in their respective teritories. The company recently is making bold statements.  It has to be seen how much success they achieve. Has any member done some research on this company. A view on current valuations by any senior member would be highly appreciated.

TGB is not just about the Indian consumption story, rather it has positioned itself as a global food (not quite yet but should get there) and beverage company. As of now, majority of the business comes from outside India through its subsidiaries. It has been accquiring brands across the world and has presence in US, UK, Russia, Czech Republic, Poland, etc., As of today it is trading at close to 1 times sales (at 6000 Crs) and the management is targeting revenues in excess of 20000 Cr in 5yrs.

Going ahead one could imagine them to come out with many new products (such as Activated and this Jelly Drink) which together with acquisition could help them achieve their target. Some of these could fail and some might take off in a big way. The recent results and the ongoing correction could be a good opportunity to buy into this stock.

Recent Events
1. Tata Global Beverages signs MoU with Kerala Ayurveda, exploring formation of a joint venture for focussing on development of beverage and food products based on ayurvedic recipes, actives and formulations for the global market.
2. Tata Coffee's MoU with Starbucks
3. Increased stake in Activate
4. JV with PepsiCo focussed on health and wellness beverages