Nestle India Ltd

Nestle India Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Nestle India Ltd

₹ 18,820 -0.57%
22 Mar - close price
nestle.in BSE: 500790 NSE : NESTLEIND
About

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

Key Points

A subsidiary of Nestle SA[1] Nestle India is a subsidiary of Nestle S A (holds 62% stake[2]) a Switzerland-based company that is the world’s largest food company based on Revenue. NESTLE''s relationship with India dates back to 1912, when it began trading as The NESTLÉ Anglo-Swiss Condensed Milk Company (Export) Limited, importing and selling finished products in the Indian market. Gradually, the company expanded its presence in India.

Website BSE NSE
  • Market Cap ₹ 181,451 Cr.
  • Current Price ₹ 18,820
  • High / Low ₹ 21,053 / 16,000
  • Stock P/E 76.0
  • Book Value ₹ 255
  • Dividend Yield 1.17 %
  • ROCE 138 %
  • ROE 108 %
  • Face Value ₹ 10.0
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Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 110%
  • Company has been maintaining a healthy dividend payout of 90.8%

Cons

  • Stock is trading at 73.8 times its book value
  • The company has delivered a poor sales growth of 11.0% 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

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Quarterly Results

Figures in Rs. Crores

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
3,149 3,325 3,050 3,542 3,433 3,611 3,477 3,883 3,748 3,981 4,037 4,602 4,257
2,455 2,532 2,303 2,658 2,656 2,681 2,629 2,935 2,889 3,056 3,217 3,598 3,284
Operating Profit 694 793 748 884 777 930 848 948 859 925 819 1,004 973
OPM % 22% 24% 25% 25% 23% 26% 24% 24% 23% 23% 20% 22% 23%
45 43 38 34 31 30 29 34 -209 21 19 31 30
Interest 31 41 41 40 42 54 52 52 44 36 37 37 45
Depreciation 94 91 92 91 96 94 95 96 106 104 102 98 99
Profit before tax 614 704 652 786 670 812 730 834 500 806 700 899 859
Tax % 23% 25% 25% 25% 28% 26% 26% 26% 24% 26% 26% 26% 27%
Net Profit 473 525 487 587 483 602 539 617 379 595 515 661 628
EPS in Rs 49.02 54.50 50.47 60.89 50.13 62.46 55.86 64.03 39.36 61.68 53.45 68.61 65.14
Raw PDF

Profit & Loss

Figures in Rs. Crores

Dec 2011 Dec 2012 Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022
7,515 8,335 9,101 9,855 8,175 9,141 10,010 11,292 12,369 13,350 14,741 16,897
5,990 6,509 7,153 7,816 6,620 7,292 7,913 8,675 9,443 10,149 11,178 13,191
Operating Profit 1,525 1,825 1,948 2,039 1,555 1,850 2,097 2,618 2,926 3,202 3,562 3,706
OPM % 20% 22% 21% 21% 19% 20% 21% 23% 24% 24% 24% 22%
21 31 97 87 -391 140 177 259 247 146 -112 107
Interest 5 27 37 14 3 91 92 112 129 164 202 155
Depreciation 153 277 330 338 347 354 342 336 370 370 391 403
Profit before tax 1,388 1,553 1,678 1,774 814 1,545 1,839 2,429 2,673 2,813 2,857 3,256
Tax % 31% 31% 33% 33% 31% 35% 33% 34% 26% 26% 26% 27%
Net Profit 962 1,068 1,117 1,185 563 1,001 1,225 1,607 1,968 2,082 2,118 2,391
EPS in Rs 99.73 110.76 115.87 122.87 58.42 103.86 127.07 166.67 204.16 215.98 219.72 247.94
Dividend Payout % 49% 44% 42% 51% 83% 61% 68% 69% 168% 93% 91% 89%
Compounded Sales Growth
10 Years: 7%
5 Years: 11%
3 Years: 11%
TTM: 15%
Compounded Profit Growth
10 Years: 8%
5 Years: 14%
3 Years: 7%
TTM: 4%
Stock Price CAGR
10 Years: 15%
5 Years: 19%
3 Years: 13%
1 Year: 9%
Return on Equity
10 Years: 60%
5 Years: 83%
3 Years: 110%
Last Year: 108%

Balance Sheet

Figures in Rs. Crores

Dec 2011 Dec 2012 Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022
96 96 96 96 96 96 96 96 96 96 96 96
Reserves 1,178 1,702 2,272 2,741 2,721 3,186 3,324 3,577 1,822 1,923 1,850 2,363
971 1,050 1,189 20 18 33 35 35 189 147 266 271
2,157 2,315 2,756 2,963 3,251 3,495 3,907 4,379 5,065 5,733 6,021 6,249
Total Liabilities 4,402 5,164 6,314 5,820 6,086 6,810 7,363 8,088 7,173 7,900 8,234 8,979
1,576 3,204 3,369 3,177 2,898 2,730 2,616 2,401 2,341 2,179 2,995 3,044
CWIP 1,372 344 295 245 231 188 94 105 143 639 246 358
Investments 134 365 851 812 1,325 1,756 1,979 2,658 1,751 1,464 774 778
1,320 1,251 1,799 1,586 1,633 2,136 2,673 2,924 2,937 3,618 4,219 4,799
Total Assets 4,402 5,164 6,314 5,820 6,086 6,810 7,363 8,088 7,173 7,900 8,234 8,979

Cash Flows

Figures in Rs. Crores

Dec 2011 Dec 2012 Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022
1,158 1,693 1,796 1,644 1,098 1,466 1,818 2,052 2,295 2,454 2,236 2,737
-1,528 -941 -441 -432 -70 -126 -131 -52 83 -321 -1,920 -392
323 -513 -580 -1,635 -498 -666 -997 -1,317 -3,602 -1,956 -2,020 -2,123
Net Cash Flow -47 239 775 -423 529 674 691 683 -1,223 177 -1,704 223

Ratios

Figures in Rs. Crores

Dec 2011 Dec 2012 Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022
Debtor Days 6 4 3 4 4 4 3 4 4 5 4 4
Inventory Days 89 86 79 82 103 107 91 92 107 107 111 110
Days Payable 92 63 68 71 94 91 99 118 124 115 122 110
Cash Conversion Cycle 3 28 14 15 12 20 -5 -22 -14 -3 -7 4
Working Capital Days -14 -11 -17 -13 -21 -10 -15 -21 -19 -21 -19 -15
ROCE % 90% 62% 53% 56% 46% 54% 57% 71% 96% 139% 150% 138%

Shareholding Pattern

Numbers in percentages

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
62.76 62.76 62.76 62.76 62.76 62.76 62.76 62.76 62.76 62.76 62.76 62.76
11.81 12.10 11.51 12.84 12.29 12.43 12.31 12.35 12.01 11.65 12.05 12.12
9.12 8.71 8.91 7.75 7.95 7.92 7.99 7.89 8.60 9.14 8.86 9.04
0.07 0.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
16.24 16.36 16.82 16.65 16.99 16.88 16.93 16.99 16.62 16.45 16.33 16.07

* 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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