NESTLEINDFast Moving Consumer Goods

Nestle India Limited

Packaged Foods · ISIN INE239A01024 · BSE 500790 · NSE EQ · FV ₹1
Last price
₹1,371
-1.00%today
What this company does

Nestle India Limited operates in Packaged Foods, part of the Fast Moving Consumer Goods sector. It booked ₹6,378 cr of revenue in its latest quarter (Q1 FY27) and kept 15.0% of sales as profit. It is the largest of 9 Packaged Foods companies we track, by market value.

The Company is primarily involved in Food business which incorporates product groups viz.
In the report:
70out of 100
Equitytale Health Score
Solid

Healthier than 70% of companies in Fast Moving Consumer Goods, on the 5 of 6 measures we could read for it. Each measure is ranked against the 122–149 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
36

At close. Not part of the score.

Profitability & returns94

How much profit it earns on the money it employs

Balance sheet75

How much it owes, and whether earnings cover the interest

Cash quality61

Whether reported profit actually arrives as cash

Valuation9

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 15% net margin
Sales up 25% vs last year
Profit up 48% vs last year
Promoters hold 63%
No promoter shares pledged
Strong 74% return on equity
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in NESTLEIND?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 5% a year, it would become
₹15.50 lakh

The slider starts at 5%, taken from a generic assumption, not this company's history. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,371 -1.00%
latest close · 2026-09-17
52-wk low ₹1,36242 sessions so far52-wk high ₹1,553
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio68.9High
LowAverageHigh
P/B ratio51.25High
Below bookModerateHigh
EV / EBITDA42.3High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity74.4%Strong
WeakFairStrong ▸15%
Return on capital64.9%Strong
WeakFairStrong
Net margin15.0%Strong
ThinDecentStrong
EBITDA margin24.4%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover32.4×Strong
RiskyOkayStrong ▸5×
Current ratio0.96Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹2.64 L cr
Book value
₹27
EPS
₹4.97
latest quarter
Net debt
₹-1,296 cr
more cash than debt
Enterprise value
₹2.63 L cr
EBITDA
₹6,217 cr
annualised
EBIT
₹5,466 cr
annualised
Operating margin
21.4%
Return on assets
29.1%
Earnings yield
1.45%
P/S
10.36
Sales / share
₹132.3
Tax rate
26.4%
Face value
₹1
Shares
192.8 cr
Working capital
₹-171 cr
Current assets
₹4,590 cr
Current liabilities
₹4,761 cr
Delivery %
59.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹243₹267, midpoint ₹255

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹6,378 cr
Other Income₹22 cr
Total Income₹6,401 cr
Cost of Materials₹2,687 cr
Purchases of Stock-in-Trade₹202 cr
Inventory Change (±)₹-162 cr
Employee Benefit Expense₹571 cr
Finance Costs₹42 cr
Depreciation & Amortisation₹188 cr
Other Expenses₹1,543 cr
Total Expenses₹5,070 cr
Exceptional Items₹-6 cr
Profit before Tax₹1,324 cr
Tax Expense₹349 cr
Share of JV / Associates₹-16 cr
Net Profit₹959 cr
Net margin on total income15.0%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹2,727 cr42.8%
Employee benefit expense₹571 cr8.9%
Finance costs₹42 cr0.7%
Depreciation & amortisation₹188 cr2.9%
Other expenses₹1,543 cr24.2%
Tax expense₹349 cr5.5%
Profit for the period₹959 cr15.0%
Total income ₹6,401 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue5,667 cr6,748 cr6,378 cr
Total income5,679 cr6,766 cr6,401 cr
Expenses4,668 cr5,217 cr5,070 cr
Profit before tax1,168 cr1,513 cr1,324 cr
Tax150 cr398 cr349 cr
Net profit (owners' share)998 cr1,111 cr959 cr
Net margin (owners' share, on revenue)17.6%16.5%15.0%
EPS (₹)5.175.764.97
YoY (latest quarter): total income +25.5% · net profit +48.3%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹13,182 cr
Shareholder equity
₹5,157 cr
parent shareholders
Total debt
₹24 cr
Cash
₹1,321 cr
Cash flow · H1 FY26
Operating
₹2,314 cr
Investing
₹-326 cr
Financing
₹-1,719 cr
Peer comparison
Packaged Foods · by market value
CompanyPriceMarket capP/E
Nestle India Limitedthis company₹1,371₹2.64 L cr68.9
Britannia Industries Limited₹4,982₹1.20 L cr50.7
The Bombay Burmah Trading Corporation Limited₹1,399₹19,738 cr8.5
Zydus Wellness Limited₹546₹17,368 cr36.5
Bikaji Foods International Limited₹553₹13,857 cr57.6
Mrs. Bectors Food Specialities Limited₹221₹6,772 cr43.8
Gopal Snacks Limited₹252₹3,145 cr61.2
ADF Foods Limited₹268₹2,942 cr42.6
Prataap Snacks Limited₹1,100₹2,581 cr30.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.02%
trailing 12 months
Dividend / share (TTM)
₹14
Last dividend
₹5
ex 10 Jul 2026
ActionDetailEx-date
Dividend₹5 / share10 Jul 2026
Dividend₹2 / share10 Jul 2026
Dividend₹7 / share6 Feb 2026
Bonus issue1:18 Aug 2025
Dividend₹10 / share4 Jul 2025
Dividend₹14.25 / share7 Feb 2025
Who owns it · 2026-06-30
No pledge
Promoter
62.8%
FII / Foreign
10.3%
DII / Domestic
11.9%
Retail / others
15.1%
Smart-money activity
Bulk / block deals
short · NSE4410 Sep 26
short · NSE1454 Sep 26
short · NSE502 Sep 26
Stake changes
BoughtLife Insurance Corporation of India→ 5.00% · 1.49 L23 May 25
SoldLife Insurance Corporation of India→ 2.99% · 19.56 L24 Jan 19
BoughtLife Insurance Corporation of India→ 5.02% · 40,00021 Aug 17
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 13 Mar 2026
See the official result
1
To approve appointment of Mr. Mandeep Singh Chhatwal (DIN: 11387157) as a Director (non executive) of the Company, w.e.f. 1st January 2026, liable to retire by rotation
Backed by 100% of shareholders other than promotersneeded 50%
37.52 cr votes for, 12.98 L against · 0% of mutual funds and other big investors said no
2
To approve appointment of Mr. Edouard Dominique Jean Mac Nab (DIN: 11511070) as a Whole-time Director, designated as “Executive Director - Finance & Control and Chief Financial Officer”, for a term of five consecutive years w.e.f. from 1st March 2026 up to 28th February 2031, liable to retire by rotation
Backed by 98% of shareholders other than promotersneeded 50%
36.85 cr votes for, 80.56 L against · 2% of mutual funds and other big investors said no
3
To approve appointment of Mr. Jagdeep Singh Marahar (DIN: 09121056) as a Whole-time Director, designated as “Executive Director - Technical”, for a term of five consecutive years w.e.f. 1st June 2026 up to 31st May 2031, liable to retire by rotation
Backed by 98% of shareholders other than promotersneeded 50%
36.75 cr votes for, 90.25 L against · 2% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 2 named members
owning 62.8% between them · as of 2026-06-30
NESTLE S.A.34.28%
MAGGI ENTERPRISES LTD28.48%
Business done with them
FY2026 · 2 of the group
The company paid ₹1,476 cr to companies in the promoter group last year — about 6.4% of its ₹23,155 cr revenue and received ₹9 L back from them.
Nestlé S.A
Other payments to them · Dividends, Expenses incurred, Expenses Recovered
also owns 34.28% of the company
₹817 cr
company paid
Maggi Enterprises Limited
Other payments to them · Dividends
also owns 28.48% of the company
₹659 cr
company paid
Nestlé S.A
Other income from them · Dividends, Expenses incurred, Expenses Recovered
also owns 34.28% of the company
₹9 L
company received

The company also transacted with 68 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.