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 ₹ 2,70,330 Cr.
- Current Price ₹ 1,402
- High / Low ₹ 1,499 / 1,085
- Stock P/E 79.4
- Book Value ₹ 26.7
- Dividend Yield 0.86 %
- ROCE 85.3 %
- ROE 74.2 %
- 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 89.6%
- Company has been maintaining a healthy dividend payout of 75.4%
Cons
- Stock is trading at 52.4 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 | Mar 2026 | |
|---|---|---|---|---|
| 19,126 | 24,394 | 20,202 | 23,155 | |
| 14,655 | 18,551 | 15,454 | 17,893 | |
| Operating Profit | 4,471 | 5,843 | 4,747 | 5,261 |
| OPM % | 23% | 24% | 24% | 23% |
| 116 | 159 | 245 | 160 | |
| Interest | 119 | 145 | 136 | 158 |
| Depreciation | 429 | 568 | 540 | 699 |
| Profit before tax | 4,038 | 5,289 | 4,316 | 4,564 |
| Tax % | 26% | 26% | 26% | 23% |
| 2,999 | 3,933 | 3,208 | 3,499 | |
| EPS in Rs | 15.55 | 20.40 | 16.63 | 18.15 |
| Dividend Payout % | 56% | 79% | 81% | 66% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 10% |
| 3 Years: | 8% |
| 1 Year: | 19% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 90% |
| Last Year: | 74% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 96 | 96 | 193 | |
| Reserves | 3,244 | 3,914 | 4,964 | |
| 345 | 1,167 | 444 | ||
| 6,838 | 7,016 | 7,581 | ||
| Total Liabilities | 10,523 | 12,193 | 13,182 | |
| 3,460 | 5,474 | 6,290 | ||
| CWIP | 1,742 | 1,173 | 507 | |
| Investments | 464 | 575 | 531 | |
| 4,857 | 4,972 | 5,854 | ||
| Total Assets | 10,523 | 12,193 | 13,182 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 4,175 | 2,936 | 5,048 | ||
| -1,237 | -1,811 | -624 | ||
| -3,135 | -1,848 | -3,179 | ||
| Net Cash Flow | -198 | -723 | 1,244 | |
| Free Cash Flow | 2,296 | 932 | 4,221 | |
| CFO/OP | 94% | 83% | 116% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 4 | 7 | 5 | |
| Inventory Days | 83 | 139 | 105 | |
| Days Payable | 112 | 128 | 129 | |
| Cash Conversion Cycle | -24 | 18 | -19 | |
| Working Capital Days | -19 | -19 | -24 | |
| ROCE % | 96% | 85% |
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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Extracted by Screener AI
Documents
Announcements
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Closure of Trading Window
19 Jun - Board meets 3 July 2026 for special dividend; Q1 results on 22 July 2026. Record date 10 July.
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Board Meeting Intimation for Consideration Of Unaudited Financial Results (Standalone And Consolidated) For The First Quarter Ending 30Th June 2026, On 22Nd July 2026
19 Jun - Board meets 3 Jul 2026 for special dividend consideration; Q1 results on 22 Jul 2026, record date 10 Jul.
- Record Date Of 10Th July 2026 Shall Also Determine The Entitlement Of The Members To The Special Dividend 2026, If Any 19 Jun
- Corporate Action-Board to consider Dividend 19 Jun
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Board Meeting Intimation for Consideration Of Declaration Of A Special Dividend 2026, If Any, On 3Rd July 2026
19 Jun - Board to consider special dividend on 3 July 2026; Q1 results on 22 July 2026, record date 10 July.
Annual reports
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Financial Year 2026
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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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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]