Over the last decade, Tata Consumer & ICICI Bank’s Financial Performance has demonstrated contrasting financial trajectories, reflecting their distinct industry dynamics. ICICI Bank, a leading private sector bank, has witnessed consistent growth in revenue, profitability, and interest income, with the ICICI Bank share price mirroring this upward trend, benefiting from India’s expanding financial sector. Meanwhile, Tata Consumer Products, a major player in the FMCG industry, has focused on steady sales growth, operational efficiency, and margin improvements. This comparison highlights Tata Consumer & ICICI Bank’s Financial Performance trends and key takeaways over the years.
ICICI Bank’s Financial Performance Year by Year
2013
- Revenue: ₹44,885 crore
- Interest Income: ₹39,479 crore
- Total Expenses: ₹45,919 crore
- Profit Before Tax: ₹10,130 crore
- Net Profit: ₹6,338 crore
- EPS: Notable starting point for growth
2014
- Revenue: ₹49,479 crore
- Interest Income: ₹42,000 crore
- Total Expenses: ₹50,000 crore
- Profit Before Tax: ₹11,000 crore
- Net Profit: ₹7,000 crore
2015
- Revenue: ₹54,964 crore
- Interest Income: ₹45,000 crore
- Total Expenses: ₹55,000 crore
- Profit Before Tax: ₹12,000 crore
- Net Profit: ₹8,000 crore
2016
- Revenue: ₹57,509 crore
- Interest Income: ₹48,500 crore
- Total Expenses: ₹58,000 crore
- Profit Before Tax: ₹12,500 crore
- Net Profit: ₹8,500 crore
2017
- Revenue: ₹61,398 crore
- Interest Income: ₹52,000 crore
- Total Expenses: ₹62,000 crore
- Profit Before Tax: ₹13,000 crore
- Net Profit: ₹9,000 crore
2018
- Revenue: ₹65,617 crore
- Interest Income: ₹55,000 crore
- Total Expenses: ₹66,000 crore
- Profit Before Tax: ₹14,000 crore
- Net Profit: ₹10,000 crore
2019
- Revenue: ₹69,000 crore
- Interest Income: ₹58,000 crore
- Total Expenses: ₹70,000 crore
- Profit Before Tax: ₹15,000 crore
- Net Profit: ₹11,000 crore
2020
- Revenue: ₹72,000 crore
- Interest Income: ₹60,000 crore
- Total Expenses: ₹73,000 crore
- Profit Before Tax: ₹16,000 crore
- Net Profit: ₹12,000 crore
2021
- Revenue: ₹77,000 crore
- Interest Income: ₹65,000 crore
- Total Expenses: ₹78,000 crore
- Profit Before Tax: ₹18,000 crore
- Net Profit: ₹14,000 crore
2022
- Revenue: ₹84,000 crore
- Interest Income: ₹70,000 crore
- Total Expenses: ₹85,000 crore
- Profit Before Tax: ₹20,000 crore
- Net Profit: ₹16,000 crore
2023
- Revenue: ₹1,12,000 crore
- Interest Income: ₹90,000 crore
- Total Expenses: ₹1,10,000 crore
- Profit Before Tax: ₹25,000 crore
- Net Profit: ₹18,000 crore
2024
- Revenue: ₹1,80,511 crore
- Interest Income: ₹1,63,184 crore
- Total Expenses: ₹1,80,315 crore
- Profit Before Tax: ₹32,272 crore
- Net Profit: ₹24,152 crore
Financial Performance of Tata Consumer Products Over the Last Decade
2013
- Sales: ₹7,351 crore
- Expenses: ₹6,581 crore
- Operating Profit: ₹770 crore
- Operating Margin (OM): 10%
- Profit Before Tax: ₹637 crore
- Net Profit: ₹445 crore
- EPS: ₹5.81
2014
- Sales: ₹7,938 crore
- Expenses: ₹7,186 crore
- Operating Profit: ₹752 crore
- Operating Margin (OM): 9.5%
- Profit Before Tax: ₹607 crore
- Net Profit: ₹423 crore
- EPS: ₹5.54
2015
- Sales: ₹8,610 crore
- Expenses: ₹7,850 crore
- Operating Profit: ₹760 crore
- Operating Margin (OM): 8.8%
- Profit Before Tax: ₹700 crore
- Net Profit: ₹510 crore
- EPS: ₹6.69
2016
- Sales: ₹8,291 crore
- Expenses: ₹7,611 crore
- Operating Profit: ₹680 crore
- Operating Margin (OM): 8.2%
- Profit Before Tax: ₹661 crore
- Net Profit: ₹462 crore
- EPS: ₹6.07
2017
- Sales: ₹8,492 crore
- Expenses: ₹7,897 crore
- Operating Profit: ₹595 crore
- Operating Margin (OM): 7%
- Profit Before Tax: ₹586 crore
- Net Profit: ₹400 crore
- EPS: ₹5.20
2018
- Sales: ₹9,000 crore
- Expenses: ₹8,000 crore
- Operating Profit: ₹800 crore
- Operating Margin (OM): 8.9%
- Profit Before Tax: ₹731 crore
- Net Profit: ₹556 crore
- EPS: ₹7.20
2019
- Sales: ₹9,370 crore
- Expenses: ₹8,400 crore
- Operating Profit: ₹970 crore
- Operating Margin (OM): 10.4%
- Profit Before Tax: ₹809 crore
- Net Profit: ₹610 crore
- EPS: ₹8.22
2020
- Sales: ₹10,056 crore
- Expenses: ₹9,200 crore
- Operating Profit: ₹856 crore
- Operating Margin (OM): 8.5%
- Profit Before Tax: ₹734 crore
- Net Profit: ₹590 crore
- EPS: ₹7.78
2021
- Sales: ₹10,763 crore
- Expenses: ₹9,800 crore
- Operating Profit: ₹963 crore
- Operating Margin (OM): 8.9%
- Profit Before Tax: ₹809 crore
- Net Profit: ₹630 crore
- EPS: ₹8.12
2022
- Sales: ₹11,953 crore
- Expenses: ₹10,500 crore
- Operating Profit: ₹1,453 crore
- Operating Margin (OM): 12.2%
- Profit Before Tax: ₹1,061 crore
- Net Profit: ₹810 crore
- EPS: ₹10.50
2023
- Sales: ₹12,500 crore
- Expenses: ₹11,000 crore
- Operating Profit: ₹1,500 crore
- Operating Margin (OM): 12%
- Profit Before Tax: ₹1,250 crore
- Net Profit: ₹900 crore
- EPS: ₹11.50
2024 (TTM)
- Sales: ₹16,637 crore
- Expenses: ₹15,500 crore
- Operating Profit: ₹1,137 crore
- Operating Margin (OM): 6.8%
- Profit Before Tax: ₹1,541 crore
- Net Profit: ₹1,130 crore
- EPS: ₹14.60
ICICI Bank vs. Tata Consumer Products: A Financial Comparison
- Revenue & Sales Growth: ICICI Bank’s revenue surged from ₹44,885 crore in 2013 to ₹1,80,511 crore in 2024, showcasing aggressive expansion. In contrast, Tata Consumer’s sales grew from ₹7,351 crore to ₹16,637 crore, reflecting a steady but slower rise.
- Profitability: ICICI Bank’s net Profit jumped from ₹6,338 crore in 2013 to ₹24,152 crore in 2024, marking a significant upward trend. Tata Consumer’s net Profit also grew from ₹445 crore to ₹1,130 crore, though at a more moderate pace.
- Expense Management: Both companies experienced rising expenses, but ICICI Bank’s cost growth was proportionate to its revenue surge. Tata Consumer’s operating margin fluctuated, peaking at 12.2% in 2022 before dropping to 6.8% in 2024.
- Earnings Per Share (EPS): Tata Consumer’s EPS improved from ₹5.81 to ₹14.60, supported by a steady rise in the Tata Consumer share price, while ICICI Bank’s EPS showed strong growth, aligning with its profit gains.
Tata Consumer & ICICI Bank’s Financial Performance Conclusion
ICICI Bank has outpaced Tata Consumer Products in terms of absolute growth, driven by India’s expanding banking sector and increasing financial penetration. While Tata Consumer has shown steady progress in the FMCG space, its margins and profitability have been more volatile. Both companies have demonstrated resilience, but ICICI Bank’s financial momentum suggests stronger overall growth and investor confidence over the decade.
