Nestlé India (NIL) is the largest food company in India with over ₹ 16000 crore of sales. It is broadly present in infant & baby food products, noodles, chocolates & beverage categories. In the last five years, the company has forayed into newer categories and launched more than 110 new products.
The company has nine manufacturing facilities including newly commissioned plant in Sanand, Gujarat. Its major brands include Maggi, Nescafe, KitKat, Cerelac among others
Q1CY23 Results
Nestlé India reported robust growth across segments
Sales were up 21.3% YoY led by mix of volume & pricing growth
EBITDA was at ₹ 1095.5 crore, up 18.5% YoY with margins at 22.8%
Packaged Foods company Nestle India announced Q1FY25 results:
Total Sales of Rs 4,793.0 crore
Total Sales Growth at 3.8%. Domestic Sales Growth at 4.2%.
Profit from Operations at 21.3% of Sales
Net Profit of Rs 746.6 crore
Earnings Per Share of Rs 7.74
Interim Dividend Rs 2.75 per equity share declared on 8th July 2024
Commenting on the results, Suresh Narayanan, Chairman and Managing Director, Nestlé India said, “I am pleased to share that despite external challenges such as lower consumption growth, concerns on continued food inflation and volatile commodity prices, we have delivered growth across our product groups. Almost a fourth of our growth has been mix and volume led, and we hope to strengthen this trend in the coming months.
I am happy to inform you that 5 of our top 12 brands grew double-digit. Our Beverages business stood out, with strong double-digit growth, despite a scorching summer across many parts of India. Strong consumer led activation on ‘Cold opportunity’ helped NESCAFÉ CLASSIC post double-digit growth. In consonance, NESCAFÉ Sunrise, and NESCAFÉ GOLD also delivered strong growth. The launch of NESCAFÉ Roastery has further strengthened our premium coffee portfolio. In our endeavour to build cold coffee as a strategic pillar, we successfully launched Nescafé Ice Roast with encouraging response across key markets and channels.
Prepared Dishes and Cooking Aids too maintained its growth momentum, with innovations contributing to ~30% of the growth in the quarter. MAGGI Korean Noodles has been well received by our consumers and Masala-Ae-Magic saw double digit growth. KITKAT delivered double digit growth. We take pride in confectionery being one of the most distributed businesses with highly connected digital brands and a slew of innovations in the pipeline. Milk Products and Nutrition portfolio-maintained growth.
E-commerce sustained its upward trajectory, contributing to 7.5% of domestic sales and growing at double digit. The Out-of-Home business continued its growth momentum despite unprecedented headwinds of extreme weather conditions across India. In addition to the successful collaboration with SOCIAL for the plant-based range, we have now launched Special Korean noodles menu across all SOCIAL outlets pan India for a limited period.
We continue our relentless focus on building ‘distribution infrastructure’ as our touchpoints in RUrban geographies have been expanding consistently. During the period, we have successfully added over 800 new distribution touchpoints that includes cash distributors, re-distributors and wholesale hubs. Moreover, this quarter our village coverage has increased by 5,000 taking it to ~ 2,05,000 villages.
We continue to make strides in digitalization and technology. I am happy to announce that we have recently launched Re-distributor Management Solution for sub-distributors in rural markets to leverage technology in their daily operations. This improves efficiency, through automated order processing, equips sub-distributors to make informed decisions about stocking and promotions. Sub-distributors are enabled to respond swiftly to retailer needs, creating a powerful network for rural distribution. This reinforces our partnership approach with trade to consistently find ways to enhance their capabilities.
I am pleased to share that our factories also have been on an ambitious digitalization journey. All our factories today are leveraging digital solutions under the overarching theme of ‘Digital Manufacturing Operations’ that provide intuitive experience for operators and supervisors, bringing in efficiency and speed at shop floor.
MAGGI has been an advocate for responsible plastic waste management, driving positive change over the years. This World Environment Day, MAGGI highlighted the power of small actions through the inspiring story of Iqra Khan, a young Nestlé executive, who educated people about the right way of disposing empty MAGGI packets. This story serves as a powerful reminder that every individual has a role to play in protecting our planet and contributing to a cleaner and healthier environment.
We believe business can be a force for good. I am immensely proud to share that Nestlé Healthy Kids Programme, our long-standing initiative, dedicated to fostering healthy lifestyles among adolescents and parents, across India has successfully completed 15 years. Launched as a pilot in 2009, the programme has grown exponentially, reaching over 600,000 adolescents and 56,000 parents across 26 states and union territories. By equipping young adolescents with the knowledge and skills to make informed choices about nutrition and physical activity, we are empowering them to lead healthier lives."
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.
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.
Nestle India share price as on 09 Sep 2024 is Rs. 2503.2. Over the past 6 months, the Nestle India share price has decreased by 1.4% and in the last one year, it has increased by 14.02%. The 52-week low for Nestle India share price was Rs. 2187.34 and 52-week high was Rs. 2769.3.
You can buy Nestle India Ltd shares through a brokerage firm. ICICI Direct is a registered broker through which you can place orders to buy Nestle India Share.
Company share prices and volatile and keep changing according to the market conditions. As of Sep 06, 2024 04:03 PM the closing price of Nestle India was Rs.2,503.20.
You can buy Nestle India Ltd shares through a brokerage firm. ICICI Direct is a registered broker through which you can place orders to buy Nestle India Share.
Company share prices and volatile and keep changing according to the market conditions. As of Sep 06, 2024 04:03 PM the closing price of Nestle India was Rs.2,503.20.
You can buy Nestle India Ltd shares through a brokerage firm. ICICI Direct is a registered broker through which you can place orders to buy Nestle India Share.
You can buy Nestle India Ltd shares through a brokerage firm. ICICI Direct is a registered broker through which you can place orders to buy Nestle India Share.
You can buy Nestle India Ltd shares through a brokerage firm. ICICI Direct is a registered broker through which you can place orders to buy Nestle India Share.
Market capitalization or market cap is determined by multiplying the current market price of a companys shares with the total number of shares outstanding. As of Sep 06, 2024 04:03 PM, the market cap of Nestle India stood at Rs. 241,347.78 Cr.
Company share prices and volatile and keep changing according to the market conditions. As of Sep 06, 2024 04:03 PM the closing price of Nestle India was Rs.2,503.20.
Company share prices and volatile and keep changing according to the market conditions. As of Sep 06, 2024 04:03 PM the closing price of Nestle India was Rs.2,503.20.
You can buy Nestle India Ltd shares through a brokerage firm. ICICI Direct is a registered broker through which you can place orders to buy Nestle India Share.
Company share prices and volatile and keep changing according to the market conditions. As of Sep 06, 2024 04:03 PM the closing price of Nestle India was Rs.2,503.20.
Company share prices and volatile and keep changing according to the market conditions. As of Sep 06, 2024 04:03 PM the closing price of Nestle India was Rs.2,503.20.
Market capitalization or market cap is determined by multiplying the current market price of a companys shares with the total number of shares outstanding. As of Sep 06, 2024 04:03 PM, the market cap of Nestle India stood at Rs. 241,347.78 Cr.
Market capitalization or market cap is determined by multiplying the current market price of a companys shares with the total number of shares outstanding. As of Sep 06, 2024 04:03 PM, the market cap of Nestle India stood at Rs. 241,347.78 Cr.
Market capitalization or market cap is determined by multiplying the current market price of a companys shares with the total number of shares outstanding. As of Sep 06, 2024 04:03 PM, the market cap of Nestle India stood at Rs. 241,347.78 Cr.
Market capitalization or market cap is determined by multiplying the current market price of a companys shares with the total number of shares outstanding. As of Sep 06, 2024 04:03 PM, the market cap of Nestle India stood at Rs. 241,347.78 Cr.
Market capitalization or market cap is determined by multiplying the current market price of a companys shares with the total number of shares outstanding. As of Sep 06, 2024 04:03 PM, the market cap of Nestle India stood at Rs. 241,347.78 Cr.
Top Mutual Funds
Nestle India Shares Faqs
