Nestle India Ltd
Nestle India Limited is a subsidiary of Nestle which is a Swiss MNC. The company operates in the Food segment.
- Market Cap ₹ 2,41,116 Cr.
- Current Price ₹ 2,501
- High / Low ₹ 2,771 / 2,031
- Stock P/E 80.3
- Book Value ₹ 32.1
- Dividend Yield 0.67 %
- ROCE 135 %
- ROE 108 %
- Face Value ₹ 1.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 110%
- Company has been maintaining a healthy dividend payout of 78.6%
Cons
- Stock is trading at 77.0 times its book value
- The company has delivered a poor sales growth of 11.1% over past five years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: FMCG Industry: Food - Processing - MNC
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
8,335 | 9,101 | 9,855 | 8,175 | 9,141 | 10,010 | 11,292 | 12,369 | 13,350 | 14,741 | 16,897 | 19,126 | |
6,509 | 7,153 | 7,816 | 6,620 | 7,292 | 7,913 | 8,675 | 9,443 | 10,149 | 11,178 | 13,191 | 14,655 | |
Operating Profit | 1,825 | 1,948 | 2,039 | 1,555 | 1,850 | 2,097 | 2,618 | 2,926 | 3,202 | 3,562 | 3,706 | 4,471 |
OPM % | 22% | 21% | 21% | 19% | 20% | 21% | 23% | 24% | 24% | 24% | 22% | 23% |
31 | 97 | 87 | -391 | 140 | 177 | 259 | 247 | 146 | -112 | 107 | 116 | |
Interest | 27 | 37 | 14 | 3 | 91 | 92 | 112 | 129 | 164 | 202 | 155 | 119 |
Depreciation | 277 | 330 | 338 | 347 | 354 | 342 | 336 | 370 | 370 | 391 | 403 | 429 |
Profit before tax | 1,553 | 1,678 | 1,774 | 814 | 1,545 | 1,839 | 2,429 | 2,673 | 2,813 | 2,857 | 3,256 | 4,038 |
Tax % | 31% | 33% | 33% | 31% | 35% | 33% | 34% | 26% | 26% | 26% | 27% | 26% |
1,068 | 1,117 | 1,185 | 563 | 1,001 | 1,225 | 1,607 | 1,968 | 2,082 | 2,118 | 2,391 | 2,999 | |
EPS in Rs | 11.08 | 11.59 | 12.29 | 5.84 | 10.39 | 12.71 | 16.67 | 20.42 | 21.60 | 21.97 | 24.79 | 31.10 |
Dividend Payout % | 44% | 42% | 51% | 83% | 61% | 68% | 69% | 168% | 93% | 91% | 89% | 56% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 11% |
3 Years: | 13% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | 10% |
5 Years: | 13% |
3 Years: | 13% |
TTM: | 26% |
Stock Price CAGR | |
---|---|
10 Years: | 18% |
5 Years: | 18% |
3 Years: | 14% |
1 Year: | 19% |
Return on Equity | |
---|---|
10 Years: | 65% |
5 Years: | 100% |
3 Years: | 110% |
Last Year: | 108% |
Balance Sheet
Figures in Rs. Crores
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 96 | 96 | 96 | 96 | 96 | 96 | 96 | 96 | 96 | 96 | 96 | 96 |
Reserves | 1,702 | 2,272 | 2,741 | 2,721 | 3,186 | 3,324 | 3,577 | 1,822 | 1,923 | 1,850 | 2,363 | 2,996 |
1,050 | 1,189 | 20 | 18 | 33 | 35 | 35 | 189 | 147 | 266 | 271 | 342 | |
2,315 | 2,756 | 2,963 | 3,251 | 3,495 | 3,907 | 4,379 | 5,065 | 5,733 | 6,021 | 6,249 | 6,660 | |
Total Liabilities | 5,164 | 6,314 | 5,820 | 6,086 | 6,810 | 7,363 | 8,088 | 7,173 | 7,900 | 8,234 | 8,979 | 10,094 |
3,204 | 3,369 | 3,177 | 2,898 | 2,730 | 2,616 | 2,401 | 2,341 | 2,179 | 2,995 | 3,044 | 3,323 | |
CWIP | 344 | 295 | 245 | 231 | 188 | 94 | 105 | 143 | 639 | 246 | 358 | 1,223 |
Investments | 365 | 851 | 812 | 1,325 | 1,756 | 1,979 | 2,658 | 1,751 | 1,464 | 774 | 778 | 726 |
1,251 | 1,799 | 1,586 | 1,633 | 2,136 | 2,673 | 2,924 | 2,937 | 3,618 | 4,219 | 4,799 | 4,822 | |
Total Assets | 5,164 | 6,314 | 5,820 | 6,086 | 6,810 | 7,363 | 8,088 | 7,173 | 7,900 | 8,234 | 8,979 | 10,094 |
Cash Flows
Figures in Rs. Crores
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,693 | 1,796 | 1,644 | 1,098 | 1,466 | 1,818 | 2,052 | 2,295 | 2,454 | 2,236 | 2,737 | 3,392 | |
-941 | -441 | -432 | -70 | -126 | -131 | -52 | 83 | -321 | -1,920 | -392 | -927 | |
-513 | -580 | -1,635 | -498 | -666 | -997 | -1,317 | -3,602 | -1,956 | -2,020 | -2,123 | -2,436 | |
Net Cash Flow | 239 | 775 | -423 | 529 | 674 | 691 | 683 | -1,223 | 177 | -1,704 | 223 | 29 |
Ratios
Figures in Rs. Crores
Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 4 | 3 | 4 | 4 | 4 | 3 | 4 | 4 | 5 | 4 | 4 | 4 |
Inventory Days | 86 | 79 | 82 | 103 | 107 | 91 | 92 | 107 | 107 | 111 | 110 | 81 |
Days Payable | 63 | 68 | 71 | 94 | 91 | 99 | 118 | 124 | 115 | 122 | 110 | 106 |
Cash Conversion Cycle | 28 | 14 | 15 | 12 | 20 | -5 | -22 | -14 | -3 | -7 | 4 | -21 |
Working Capital Days | -11 | -17 | -13 | -21 | -10 | -15 | -21 | -19 | -21 | -19 | -15 | -19 |
ROCE % | 62% | 53% | 56% | 46% | 54% | 57% | 71% | 96% | 139% | 150% | 138% |
Documents
Announcements
- Certificate Under Regulation 40(9) Of The Of The SEBI (LODR) Regulations, 2015 - For The Financial Year Ended 31St March 2024 2d
- Reply To The Clarification/Confirmation On News Item Appearing In "Media/Publication" 18 Apr
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Clarification sought from Nestle India Ltd
18 Apr - Exchange has sought clarification from Nestle India Ltd on April 18, 2024, with reference to news appeared in www.livemint.com dated April 18, 2024 quoting "Nestle …
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Regulation 30 Of SEBI (LODR) Regulations, 2015
17 Apr - Meet with the institutional investors on 17th April 2024
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Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Apr - Copy of newspaper notice published in column of English and Hindi Daily newspapers on 17th April 2024 regarding completion of dispatch of Postal Ballot Notice …
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Financial Year 2008
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Concalls
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Apr 2024TranscriptNotesPPT
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Oct 2023Transcript PPT
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Feb 2023Transcript PPT
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Aug 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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Mar 2019TranscriptNotesPPT
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Jul 2018TranscriptPPT
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Aug 2017TranscriptPPT
Business Overview
Nestle India a subsidiary of Nestle S A (holds 62% stake) is primarily involved in the Food business which incorporates product groups viz. Milk Products and Nutrition, Prepared dishes and Cooking aids, Powdered and Liquid Beverages and Confectionery. It owns brands such as NESCAFÉ, MAGGI, MILKYBAR, KIT KAT, BAR-ONE, MILKMAID, NESTEA etc. [1]