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 ₹ 2,26,538 Cr.
- Current Price ₹ 1,175
- High / Low ₹ 1,340 / 1,074
- Stock P/E 72.5
- Book Value ₹ 23.0
- Dividend Yield 1.15 %
- ROCE 96.3 %
- ROE 83.5 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 51.1 times its book value
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2023 | Mar 2024 15m | Mar 2025 | TTM | |
|---|---|---|---|---|
| 19,126 | 24,394 | 20,202 | 21,911 | |
| 14,655 | 18,551 | 15,454 | 17,037 | |
| Operating Profit | 4,471 | 5,843 | 4,747 | 4,873 |
| OPM % | 23% | 24% | 24% | 22% |
| 116 | 159 | 245 | 183 | |
| Interest | 119 | 145 | 136 | 159 |
| Depreciation | 429 | 568 | 540 | 650 |
| Profit before tax | 4,038 | 5,289 | 4,316 | 4,247 |
| Tax % | 26% | 26% | 26% | |
| 2,999 | 3,933 | 3,208 | 3,262 | |
| EPS in Rs | 15.55 | 20.40 | 16.63 | 16.91 |
| Dividend Payout % | 56% | 79% | 81% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -22% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 7% |
| 3 Years: | 6% |
| 1 Year: | 4% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 84% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|
| Equity Capital | 96 | 96 | 193 |
| Reserves | 3,244 | 3,914 | 4,242 |
| 345 | 1,167 | 477 | |
| 6,838 | 7,016 | 7,181 | |
| Total Liabilities | 10,523 | 12,193 | 12,092 |
| 3,460 | 5,474 | 5,819 | |
| CWIP | 1,742 | 1,173 | 929 |
| Investments | 464 | 575 | 553 |
| 4,857 | 4,972 | 4,791 | |
| Total Assets | 10,523 | 12,193 | 12,092 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 4,175 | 2,936 | ||
| -1,237 | -1,811 | ||
| -3,135 | -1,848 | ||
| Net Cash Flow | -198 | -723 | |
| Free Cash Flow | 2,296 | 932 | |
| CFO/OP | 94% | 83% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | 4 | 7 | |
| Inventory Days | 83 | 139 | |
| Days Payable | 112 | 128 | |
| Cash Conversion Cycle | -24 | 18 | |
| Working Capital Days | -19 | -19 | |
| ROCE % | 96% |
Insights
In beta| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Employees Absolute ・Standalone data |
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| Domestic Sales Volume 000 Tonnes ・Standalone data |
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| Total Reach (Retail Outlets) Million Outlets ・Standalone data |
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| New Product Innovation Contribution % ・Standalone data |
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| Number of Factories Absolute ・Standalone data |
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| E-commerce Contribution to Sales % ・Standalone data |
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| RUrban Villages Covered Count ・Standalone data |
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| Project Shark Savings % to Sales % ・Standalone data |
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Documents
Announcements
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Board Meeting Intimation for Consideration Of Audited Financial Results (Standalone And Consolidated) For The Financial Year Ending 31St March 2026
24 Mar - Board to consider audited FY2025-26 results on 21 April 2026; trading window closed 1–23 April 2026.
- Closure of Trading Window 24 Mar
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Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('Listing Regulations'): Update On A One-On-One Meet (Virtual) With An Institutional Investor
23 Mar - One-on-one virtual investor meeting on 23 March 2026; no unpublished price-sensitive information shared.
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Regulation 30 And Schedule III Of The SEBI (LODR) Regulations, 2015 ('Listing Regulations'): Intimation Regarding The Addition Of A New Munch Production Line At The Sanand Factory, Gujarat
19 Mar - New Munch line at Sanand: 8,300 tpa capacity, INR 225 crore investment in FY2025-26, financed internally.
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Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('Listing Regulations'): Update On A One-On-One Meet (Virtual) With An Institutional Investor Held On 17Th March 2026
17 Mar - One-on-one virtual investor meeting on 17 March 2026; no UPSI shared.
Annual reports
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Financial Year 2025
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Financial Year 2024
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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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Concalls
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Feb 2025Transcript PPT REC
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Apr 2024TranscriptAI SummaryPPT
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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 2022TranscriptAI SummaryPPT
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Aug 2019TranscriptAI SummaryPPT
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Mar 2019TranscriptAI SummaryPPT
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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]