Nestle India Ltd

Nestle India Ltd

₹ 1,510 -0.73%
31 Jul - close price
About

Nestle India Limited is a subsidiary of Nestle which is a Swiss MNC. The company operates in the Food segment.

Key Points

Parentage[1] [2]
As of FY26, Switzerland-based Nestlé S.A., the world's largest food and beverage company, held a 62.76% stake in the company. It has access to the parent company's global portfolio of brands, proprietary technologies, and advanced R&D capabilities.

  • Market Cap 2,91,098 Cr.
  • Current Price 1,510
  • High / Low 1,533 / 1,085
  • Stock P/E 77.5
  • Book Value 27.5
  • Dividend Yield 0.79 %
  • ROCE 84.1 %
  • ROE 73.2 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 92.3%
  • Company has been maintaining a healthy dividend payout of 74.3%

Cons

  • Stock is trading at 54.8 times its book value
  • The company has delivered a poor sales growth of 11.6% 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
4,659 5,037 4,600 5,268 4,814 5,104 4,780 5,504 5,096 5,644 5,667 6,748 6,378
3,603 3,812 3,505 3,918 3,700 3,936 3,677 4,116 3,996 4,407 4,466 4,976 4,840
Operating Profit 1,056 1,225 1,095 1,350 1,114 1,168 1,103 1,388 1,100 1,237 1,201 1,772 1,538
OPM % 23% 24% 24% 26% 23% 23% 23% 25% 22% 22% 21% 26% 24%
24 140 -77 37 39 298 4 9 4 2 170 -18 16
Interest 33 31 23 26 32 32 35 38 47 46 28 37 42
Depreciation 107 111 109 110 113 122 150 155 157 163 174 205 188
Profit before tax 939 1,222 886 1,251 1,009 1,312 922 1,205 900 1,029 1,168 1,513 1,324
Tax % 26% 26% 26% 25% 26% 25% 25% 26% 27% 27% 13% 26% 26%
698 908 656 934 747 986 696 885 659 753 1,018 1,114 975
EPS in Rs 3.62 4.71 3.40 4.84 3.87 5.12 3.61 4.59 3.42 3.91 5.28 5.78 5.06
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Mar 2024 15m Mar 2025 Mar 2026 TTM
8,175 9,141 10,010 11,292 12,369 13,350 14,741 16,897 19,126 24,394 20,202 23,155 24,437
6,620 7,292 7,913 8,675 9,443 10,149 11,178 13,191 14,655 18,551 15,430 17,848 18,689
Operating Profit 1,555 1,850 2,097 2,618 2,926 3,202 3,562 3,706 4,471 5,843 4,771 5,307 5,747
OPM % 19% 20% 21% 23% 24% 24% 24% 22% 23% 24% 24% 23% 24%
-391 140 177 259 247 146 -112 107 116 159 352 160 170
Interest 3 91 92 112 129 164 202 155 119 145 136 158 154
Depreciation 347 354 342 336 370 370 391 403 429 568 540 699 730
Profit before tax 814 1,545 1,839 2,429 2,673 2,813 2,857 3,256 4,038 5,289 4,447 4,610 5,034
Tax % 31% 35% 33% 34% 26% 26% 26% 27% 26% 26% 25% 23%
563 1,001 1,225 1,607 1,968 2,082 2,118 2,391 2,999 3,933 3,314 3,545 3,860
EPS in Rs 2.92 5.19 6.35 8.33 10.21 10.80 10.99 12.40 15.55 20.40 17.19 18.38 20.03
Dividend Payout % 83% 61% 68% 69% 168% 93% 91% 89% 56% 79% 79% 65%
Compounded Sales Growth
10 Years: 11%
5 Years: 12%
3 Years: 11%
TTM: 19%
Compounded Profit Growth
10 Years: 15%
5 Years: 11%
3 Years: 13%
TTM: 25%
Stock Price CAGR
10 Years: 16%
5 Years: 11%
3 Years: 10%
1 Year: 33%
Return on Equity
10 Years: 76%
5 Years: 98%
3 Years: 92%
Last Year: 73%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 96 96 96 96 96 96 96 96 96 96 96 193
Reserves 2,721 3,186 3,324 3,577 1,822 1,923 1,850 2,363 2,363 3,244 4,021 5,116
18 33 35 35 189 147 266 271 271 345 1,167 444
3,251 3,495 3,907 4,379 5,065 5,733 6,021 6,249 6,249 6,838 7,040 7,604
Total Liabilities 6,086 6,810 7,363 8,088 7,173 7,900 8,234 8,979 8,979 10,523 12,324 13,357
2,898 2,730 2,616 2,401 2,341 2,179 2,995 3,044 3,044 3,460 5,474 6,290
CWIP 231 188 94 105 143 639 246 358 358 1,742 1,173 507
Investments 1,325 1,756 1,979 2,658 1,751 1,464 774 778 778 464 706 706
1,633 2,136 2,673 2,924 2,937 3,618 4,219 4,799 4,799 4,857 4,972 5,854
Total Assets 6,086 6,810 7,363 8,088 7,173 7,900 8,234 8,979 8,979 10,523 12,324 13,357

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Mar 2024 Mar 2025 Mar 2026
1,098 1,466 1,818 2,052 2,295 2,454 2,236 2,737 3,392 4,175 2,935 5,048
-70 -126 -131 -52 83 -321 -1,920 -392 -927 -1,237 -1,811 -624
-498 -666 -997 -1,317 -3,602 -1,956 -2,020 -2,123 -2,436 -3,135 -1,846 -3,179
Net Cash Flow 529 674 691 683 -1,223 177 -1,704 223 29 -198 -723 1,244
Free Cash Flow 949 1,353 1,622 1,890 2,143 1,980 1,505 2,197 2,028 2,296 930 4,221
CFO/OP 93% 106% 116% 112% 101% 99% 83% 97% 100% 94% 82% 115%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 4 4 3 4 4 5 4 4 4 4 7 5
Inventory Days 103 107 91 92 107 107 111 110 83 83 139 105
Days Payable 94 91 99 118 124 115 122 121 92 112 128 129
Cash Conversion Cycle 12 20 -5 -22 -14 -3 -7 -7 -5 -24 18 -19
Working Capital Days -21 -10 -15 -21 -20 -22 -20 -16 -10 -19 -19 -24
ROCE % 46% 54% 57% 71% 96% 139% 150% 138% 153% 169% 96% 84%

Insights

In beta
Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Dec 2024
Domestic Volumes
'000 tonnes

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E-commerce Contribution to Domestic Sales
% of domestic sales
Innovation (NPDI) Sales Contribution
% of domestic sales
Total Retail Outlets
millions
RUrban Smart Stores
stores
Total Village Coverage
villages
Distribution Touchpoints
touchpoints
One Nestle Kiosks (Out of Home footprint)
kiosks

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
62.76% 62.76% 62.76% 62.76% 62.76% 62.76% 62.76% 62.76% 62.76% 62.76% 62.76% 62.76%
12.10% 12.09% 12.10% 11.94% 11.94% 10.27% 10.02% 10.28% 9.82% 9.81% 9.74% 10.30%
9.32% 9.16% 9.00% 9.17% 9.45% 10.80% 11.30% 11.18% 11.75% 12.10% 12.40% 11.89%
15.81% 15.98% 16.14% 16.10% 15.86% 16.17% 15.90% 15.76% 15.63% 15.31% 15.09% 15.04%
No. of Shareholders 1,84,0902,13,9774,10,1444,37,8804,27,9645,47,8505,38,1655,19,4395,46,8185,06,6734,92,1244,79,696

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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