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 FY24 & Q4FY24 results:
Fifteen months FY24 Financial Highlights:
Total Sales of Rs 24,275.5 crore
Profit from Operations at 22.0% of Sales
Net Profit of Rs 3,932.8 crore
Robust Cash Generated from Operations at Rs 4,174.8 crore
Earnings Per Share of Rs 40.79
Final Dividend recommended Rs 8.50 per equity share
CSR Spend Rs 59.8 crore
Contribution to the exchequer of Rs 6,437.8 crore
Q4FY24 Financial Highlights:
Total sales and Domestic sales for the quarter increased by 9.3% and 8.9%, respectively.
Export sales for the quarter increased by 19.0%.
Domestic sales crossed Rs 5,000 crore milestone for the first time.
Commenting on the results, Suresh Narayanan, Chairman and Managing Director, Nestlé India said, “I am pleased to share that we have delivered double-digit growth, despite challenges posed by rising food inflation and volatile commodity prices. We have witnessed a strong growth momentum across our product portfolio led by a combination of pricing and mix. Our domestic sales crossed Rs 5,000 crore this quarter, a notable milestone for us. I would like to extend my heartfelt gratitude to my colleagues, distributors, retailers and partners for their unwavering dedication, determination, and diligence.
In the financial year ended 31st March 2024, Confectionery delivered strong performance, fuelled by KITKAT, making India the second-largest market for the brand globally. Our Beverages business recorded robust performance. NESCAFÉ has introduced its coffee to over 30 million households in India in the last 7 years. Milk Products and Nutrition witnessed strong growth despite inflationary pressures. Prepared Dishes and Cooking Aids registered strong growth across portfolio led by MAGGI Noodles and MAGGI Masala-ae-Magic. India emerged as the largest market worldwide for MAGGI.
The Out-of-Home business reported strong growth and e-commerce sustained its upward trajectory, contributing to 6.8% of sales. We remained steadfast on our RUrban journey and expanded to encompass over 200,000 villages, marking a significant milestone in our journey.
The pursuit of new platforms and categories is a key component of Nestlé India's overall growth strategy and reflects our commitment to anticipating and responding to evolving market trends and consumer preferences. By leveraging our existing competencies and capabilities, and by investing in new areas of opportunity, Nestlé India strives to deliver long-term value to its stakeholders."
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 30 Jun 2024 is Rs. 2551.65. Over the past 6 months, the Nestle India share price has decreased by 0.79% and in the last one year, it has increased by 12.72%. The 52-week low for Nestle India share price was Rs. 2145 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 Jun 28, 2024 03:59 PM the closing price of Nestle India was Rs.2,551.65.
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 Jun 28, 2024 03:59 PM the closing price of Nestle India was Rs.2,551.65.
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 Jun 28, 2024 03:59 PM, the market cap of Nestle India stood at Rs. 246,019.12 Cr.
Company share prices and volatile and keep changing according to the market conditions. As of Jun 28, 2024 03:59 PM the closing price of Nestle India was Rs.2,551.65.
Company share prices and volatile and keep changing according to the market conditions. As of Jun 28, 2024 03:59 PM the closing price of Nestle India was Rs.2,551.65.
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 Jun 28, 2024 03:59 PM the closing price of Nestle India was Rs.2,551.65.
Company share prices and volatile and keep changing according to the market conditions. As of Jun 28, 2024 03:59 PM the closing price of Nestle India was Rs.2,551.65.
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 Jun 28, 2024 03:59 PM, the market cap of Nestle India stood at Rs. 246,019.12 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 Jun 28, 2024 03:59 PM, the market cap of Nestle India stood at Rs. 246,019.12 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 Jun 28, 2024 03:59 PM, the market cap of Nestle India stood at Rs. 246,019.12 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 Jun 28, 2024 03:59 PM, the market cap of Nestle India stood at Rs. 246,019.12 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 Jun 28, 2024 03:59 PM, the market cap of Nestle India stood at Rs. 246,019.12 Cr.
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