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Financial Highlights – Q4CY23:
Business Comments – Q4CY23:
Product Groups Performance – Q4CY23 (Domestic):
Commenting on the results, Suresh Narayanan, Chairman and Managing Director of Nestlé India, stated, “I am pleased to share that despite external challenges, we have once again delivered a strong performance this quarter. Domestic sales grew by 8.9%, driven by pricing and mix growth, with strong momentum in e-commerce and out-of-home channels. Throughout the year 2023, our total sales grew by over 13.3%, crossing the Rs 19,000 crore mark.
All key brands and product groups have contributed to Nestlé India’s consistent growth trajectory. This quarter, strong demand for NESCAFÉ CLASSIC and NESCAFÉ SUNRISE fueled double-digit growth in the Beverages product group, with NESCAFÉ gaining significant market share. The Milk and Nutrition product group posted double-digit growth, while Prepared Dishes and Cooking Aids maintained commendable growth. Confectionery, another strong growth driver, also delivered solid performance. This overall growth underscores the trust consumers place in us and the unwavering commitment of our teams.
Our Out-of-Home business accelerated rapidly this quarter, focusing on relevant innovations, new geographies, and robust penetration in emerging channels with the opening of new kiosks in key locations. This strategic clarity and disciplined execution made our Out-of-Home business the fastest-growing segment in India.
E-commerce recorded strong growth, contributing 7% of domestic sales in this quarter. Organized trade also witnessed robust growth, supported by festive walk-ins and new product launches. Our teams excelled in implementing shopper-centric activities across our extensive portfolio, spanning both traditional platforms and the rapidly growing ‘quick commerce’ sector.”
Financials( ₹ in Cr) | Nestle India Ltd | Hindustan Unilever Ltd | Varun Beverages Ltd | Godrej Consumer Products Ltd | Britannia Industries Ltd |
---|---|---|---|---|---|
Price | 2,622.35 | 2,264.35 | 1,398.60 | 1,251.80 | 4,911.25 |
% Change | 2.18 | 1.10 | 1.05 | 1.36 | -0.18 |
Mcap ₹ Cr | 25,283.65 | 532,029.64 | 181,708.21 | 128,036.61 | 118,296.30 |
Revenue TTM ₹ Cr | 17,423.38 | 60,580.00 | 16,042.58 | 13,315.97 | 16,300.55 |
Net Profit TTM ₹ Cr | 2,390.52 | 10,143.00 | 2,101.81 | 1,702.46 | 2,316.32 |
PE TTM | 84.22 | 51.68 | 85.67 | 68.44 | 54.73 |
1 Year Return | 38.81 | -9.39 | 105.86 | 30.18 | 16.52 |
ROCE | 59.47 | 24.88 | 27.83 | 16.35 | 48.18 |
ROE | 108.52 | 20.42 | 34.92 | 13.43 | 66.62 |
Equity Capital: 2,459.17 Cr FV: 1.00
Period | MF Net Purchase / (sold) | FII Net |
---|---|---|
LAST 1M | 29,068.81 | 33,709.58 |
LAST 3M | 68,518.10 | 30,558.15 |
LAST 6M | 130,081.93 | 64,349.19 |
LAST 12M | 189,941.35 | 208,211.24 |
Date | Action Type | Ratio |
---|---|---|
Feb 15, 2024 | Dividend | 700 |
Jan 05, 2024 | Split | 1:10 |
Nov 01, 2023 | Dividend | 1400 |
Nestle India Ltd is in the FMCG sector is having Market Capitalization worth Rs. 182,332.30 crores, it is incorporated in the year 1959. It has reported consolidated sales of Rs. 3462.35 crores in June’2021. The company is listed in the Bombay Stock Exchange (BSE) with the code 500790 and additionally listed in the National Stock Exchange (NSE) with the code NESTLEIND.
Nestle India Ltd is an Indian subsidiary of a Swiss International company, Nestle. The headquarters of Nestle Indian Ltd is in Gurgaon. The company deals in products like food, beverages, chocolates, confectionery, etc. Currently, Nestle India has eight manufacturing units and four corporate branches spread across the nation. The company has introduced products to meet day to day needs of its customers as Nestle Milk, Nestle Slim Milk, Nestle Fresh & Natural Dahi, and Nestle Jeera Raita. Nestle India, through its corporate social responsibility initiatives, is working in collaboration with many NGOs to focus on areas like awareness regarding nutrition, working on new techniques to save water in farming, and working on rural development in the country. The promoters of the company own 62.76% of the stake in the company, Foreign Institutional Investors (FII) own 12.43%, Domestic Institutional Investors (DII) own 7.92% of the stake, and others (such as public & retail investors) hold the balance of 16.89%.
In June 2021, quarterly net revenue was Rs. 3,476.7 crores, which has increased by approximately 13.97% from Rs. 3,050.48 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 538.58 crores, which has also increased by nearly 10.68% from a net profit of Rs. 486.60 crores in June 2020. In June 2021, the reported operating profit was at Rs. 2,736.45 crores, which is also increased by 9.55% as compared to an operating profit of Rs. 2,467.85 crores for the quarter ending in June 2020. From Rs. 50.47 in June 2020, the EPS of Nestle India Ltd has risen to Rs. 55.86 per share in June 2021. NESTLEIND’s stock closed at Rs. 18,911 on 18th August’2021 (NSE) and has returned 12.91% in the last six months and 15.15% in the previous year.
100/101 World Trade Centre, Barakhamba Lane, New Delhi, New Delhi, 110001
Tel | : | 91-11-23418891 |
: | investor:in.nestle.com | |
Website | : | http://www.nestle.in |
Alankit Assignments Ltd
AGM Date (Month) | : | May |
Face Value Equity Shares | : | 1 |
Market Lot Equity Shares | : | 1 |
BSE Code | : | 500790 |
NSE Code | : | NESTLEIND |
Book Closure Date (Month) | : | |
BSE Group | : | A |
ISIN | : | INE239A01024 |
You can buy Nestle India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Nestle India Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Mar 28, 2024 03:59 PM the closing price of Nestle India Ltd was ₹ 2,622.35.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Mar 28, 2024 03:59 PM, the market cap of Nestle India Ltd stood at ₹ 25,283.65.
The latest PE ratio of Nestle India Ltd as of Mar 28, 2024 03:59 PM is 84.22
The latest PB ratio of Nestle India Ltd as of Mar 28, 2024 03:59 PM is 0.01
The 52-week high of Nestle India Ltd share price is ₹ 2,769.30 while the 52-week low is ₹ 1,887.62
According to analyst recommendations, Nestle India Ltd Share has a “Buy” rating for the long term.