Tata Consumer Products (TCP) is set to expand its food services and pharmacy channels nationwide in FY26, building on its recent acquisitions of Capital Foods and Organic India. The company is leveraging a robust product portfolio to drive growth in these sectors. Through Organic India’s offerings, such as green tea, low-sodium salt, and mineral water, TCP plans to make inroads into India’s pharmacy networks. Meanwhile, the acquisition of Capital Foods has enabled the company to cater to the HoReCa (Hotels, Restaurants, and Cafes) sector with a variety of products, including sauces, ketchup, noodles, and spices.
Managing Director and CEO Sunil D’ Souza noted that food services, particularly in markets like India, can sometimes be more profitable than traditional consumer goods due to the ability to tailor products for the HoReCa industry, primarily through customized pack sizes. TCP’s strategic expansion is already underway, with plans to scale the food services channel to 16 cities and the pharmacy channel to 40 cities in FY26.
Since acquiring Capital Foods and Organic India in 2024, TCP has enhanced both companies’ domestic operations and expanded their reach internationally. The combined revenue of Capital Foods and Organic India for the first nine months of FY25 reached ₹850 crore. Additionally, TCP has utilized Capital Foods’ distribution network to introduce its products in global markets, with plans to pursue further distribution partnerships internationally.
D’ Souza emphasized that the food services business has proven to be accretive and profitable, driven by tailored packaging and product volume for the HoReCa sector. In FY26, the company is focusing on scaling these channels to meet growing demand in India and abroad.
