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Nestle India Ltd (NESTLEIND)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500790 NSE: NESTLEIND Consumer Food | Large Cap | Nestle Share Price

₹1,438.10 27.70 (1.96%)

As on 10-Jun'26 16:59

Nestle India Ltd (NESTLEIND)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500790 NSE: NESTLEIND Consumer Food | Large Cap | Nestle Share Price

₹1,438.10 27.70 (1.96%)

As on 10-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹2,77,311 Cr.
Current Price
₹1,438.1
52-Week Low / High
₹1,085 / 1,499
TTM EPS
₹18.4
TTM Sales
₹23,155 Cr.
Book Value per Share
₹27.5
P/E Ratio
78.23
In line with its 5-year historical median
Industry PE
56.3
Price to Book (P/B)
52.23
Lower than its 5-year historical median
Price to Sales (P/S)
11.98
In line with its 5-year historical median
EV/EBITDA
50.05
In line with its 5-year historical median
Dividend Yield
1.02%
Profitability Efficiency
Return on Equity (ROE)
75.21%
Outperforms industry median
Return on Capital Employed (ROCE)
96.74%
Outperforms industry median
Return on Assets (ROA)
27.60%
Operating Profit Margin
23%
Net Profit Margin
15.31%
Gross Profit Margin
21.5%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
14.62%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
11.25%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
6.94%
Asset Quality
Promoter Holding
62.76%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹5,116 Cr.
Equity
₹192.8 Cr.
Face Value
₹1
All Time Low / High
₹2.97 / 1498.60

Nestle India stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Nestle India Ltd a good quality company?
Nestle India Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Nestle India Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Nestle India Ltd vs industry peers?
Nestle India Ltd revenue CAGR is 10.31%, compared to the industry median CAGR of 10.31%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Nestle India Ltd?
Promoters hold 62.76% of the Nestle India Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Nestle India Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 16.8% based on the current price.

DeciZen - make an informed investing decision on Nestle

Decision Maker
Standalone basis

1. Right Stock

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2. Right Price

3. Right Time

#Likely Future 5 Year CAGR.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Nestle India Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Mar'24Mar'25Mar'26TTM
ROCE % 53.2%57%70.9%98.7%147.9%151.6%152.6%185.4%111.2%96.7%-
Value Creation
Index
NA4.15.37.812.112.512.615.58.97.6-

Growth Parameters

Sales 9,14110,01011,29212,36913,35014,74116,89719,51520,20223,15523,155
Sales YoY Gr.-9.5%12.8%9.5%7.9%10.4%14.6%15.5%3.5%14.6%-
Adj EPS 5.26.48.410.210.811.812.416.316.21818.4
YoY Gr.-21.6%31.6%21.8%5.8%9.5%5%31.2%-0.7%11.4%-
BVPS (₹) 1717.719.11010.510.112.813.921.427.527.5
Adj Net
Profit
1,0101,2291,6161,9682,0832,2812,3953,1413,1193,4763,544
Cash Flow from Ops. 1,4661,8182,0522,2952,4542,2362,7373,3402,9355,048-
Debt/CF from Ops. 000000000.30-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 10.9%11.6%11.1%14.6%
Adj EPS 14.7%10.8%13.2%11.4%
BVPS5.5%21.3%29.3%29%
Share Price 16% 10.4% 9.2% 18.9%

Key Financial Parameters

Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Mar'24Mar'25Mar'26TTM
Return on
Equity %
33.136.745.670.4105.8115.1108.7135.483.773.866.8
Op. Profit
Mgn %
20.32123.323.72424.2222423.72322.7
Net Profit
Mgn %
11.112.314.315.915.615.514.216.115.41515.3
Debt to
Equity
000000000.200
Working Cap
Days
4644404246647657787129
Cash Conv.
Cycle
-6-9-19-20-18-16-14-12-10-12-3

Profit And Loss

(All Figures are in Crores.)
PARTICULARSDec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Mar'24Mar'25Mar'26
Sales9,14110,01011,29212,36913,35014,74116,89724,39420,20223,155
Operating Expenses + 7,2927,9138,6769,44510,15311,17813,19118,55115,43217,849
Manufacturing Costs1,1281,2361,3461,4151,4041,8212,2422,7152,2242,516
Material Costs3,2203,6173,8234,3774,8325,2346,4109,1557,5078,946
Employee Cost 9021,0171,1241,2581,5011,5301,6352,3362,0282,166
Other Costs 2,0422,0422,3832,3952,4162,5932,9034,3443,6744,221
Operating Profit 1,8502,0972,6172,9243,1973,5623,7065,8434,7705,306
Operating Profit Margin (%) 20.2%20.9%23.2%23.6%23.9%24.2%21.9%24.0%23.6%22.9%
Other Income + 15117726024815112410715563208
Exceptional Items -110000-23704291121
Interest 9192112129164202155145136326
Depreciation 354342336370370391403568540699
Profit Before Tax 1,5451,8392,4292,6732,8132,8573,2565,2894,4474,610
Tax 5446148227057307398651,3561,1331,065
Profit After Tax 1,0011,2251,6071,9682,0822,1182,3913,9333,3153,545
PAT Margin (%) 11.0%12.2%14.2%15.9%15.6%14.4%14.2%16.1%16.4%15.3%
Adjusted EPS (₹)5.26.48.310.210.811.012.420.417.218.4
Dividend Payout Ratio (%)60.70%67.70%69%167.50%92.60%91%88.70%78.90%78.50%65.30%

Valuation of Nestle - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSDec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 3,2823,4213,6741,9192,0191,9462,4593,3414,1175,309
Share Capital 969696969696969696193
Reserves 3,1863,3243,5771,8221,9231,8502,3633,2444,0215,116
Debt +333535533534303175324
Long Term Debt33353553322727252220
Short Term Debt000037367314
Minority Interest0000000000
Trade Payables7999851,2401,4921,5171,7481,9342,2382,3742,967
Others Liabilities 2,6962,9223,1393,7094,3094,4804,5304,9135,0805,057
Total Liabilities 6,8107,3638,0887,1737,8808,2088,95310,52312,32413,357

Fixed Assets

Net Fixed Assets +2,7422,6162,4122,3412,1792,9953,0443,4905,4956,316
Gross Block3,0953,3583,4853,8653,9985,1195,4746,3348,79610,185
Accumulated Depreciation3537421,0741,5241,8192,1242,4302,8433,3013,869
CWIP 188941051436392463581,7421,173507
Investments 1,7561,9792,6581,7511,464774778464706706
Inventories9409029661,2831,4161,5931,9292,0892,8502,569
Trade Receivables9889125124165166192300363329
Cash Equivalents 8801,4571,6101,3081,770735946779961,341
Others Assets 2072252122222471,6991,7071,6591,6411,589
Total Assets 6,8107,3638,0887,1737,8808,2088,95310,52312,32413,357

Cash Flow

(All Figures are in Crores.)
PARTICULARSDec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 1,4661,8182,0522,2952,4542,2362,7374,1752,9355,048
PBT 1,5451,8392,4292,6732,8132,8573,2565,2894,4474,610
Adjustment 21920892131248279353434224716
Changes in Working Capital 20437541316397-172-30-249-747793
Tax Paid -503-604-881-673-703-729-841-1,299-990-1,071
Cash Flow From Investing Activity + -126-131-5283-321-1,920-392-1,237-1,811-624
Capex -113-196-163-152-474-731-541-1,878-2,004-826
Net Investments -153-112-160-160-1,379-117284-150
Others 140177271251153189266357209203
Cash Flow From Financing Activity + -666-997-1,317-3,602-1,956-2,020-2,123-3,135-1,846-3,179
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -4-1-4-11-9-9-18-26-27-30
Dividend Paid -564-829-1,090-2,950-1,890-1,928-2,025-3,008-2,459-2,314
Others -98-167-224-640-57-82-80-101639-835
Net Cash Flow 674691683-1,223177-1,704223-198-7231,244

Financial Ratio

PARTICULARSDec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Mar'24Mar'25Mar'26
Ratios
ROE (%)32.8336.5645.370.39105.76106.84108.52135.6188.8875.21
ROCE (%)53.257.0470.9398.67147.88151.64152.61185.43111.2296.74
Asset Turnover Ratio1.471.441.51.671.831.892.032.581.841.88
PAT to CFO Conversion(x)1.461.481.281.171.181.061.141.060.891.42
Working Capital Days
Receivable Days3.403.403.403.603.8043.803.605.805.20
Inventory Days33.903329.3032.2035.8036.2036.9029.1042.9041
Payable Days87.8090106.20113.90113.60113.80104.8083.20112.10108.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Nestle India Ltd FAQs

The current trading price of Nestle on 10-Jun-2026 16:59 is ₹1,438.1.

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 09-Jun-2026 the market cap of Nestle stood at ₹2,77,310.9 Cr

The latest P/E ratio of Nestle as of 09-Jun-2026 is 78.23.

The latest P/B ratio of Nestle as of 09-Jun-2026 is 52.23.

The 52-week high of Nestle is ₹1,498.6 and the 52-week low is ₹1,085.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Nestle is ₹23,155 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Nestle India Ltd is a good quality company.

The key valuation ratios of Nestle India Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Nestle India Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Nestle India Ltd

NESTLE's relationship with India dates back to 1912, when it began trading as The NESTLÉ Anglo-Swiss Condensed Milk Company (Export) Limited, importing and selling finished products in the Indian market.

After India's independence in 1947, the economic policies of the Indian Government emphasised the need for local production. NESTLÉ responded to India's aspirations by forming a company in India and set up its first factory in 1961 at Moga, Punjab, where the Government wanted NESTLÉ to develop the milk economy. Progress in Moga required the introduction of NESTLE's Agricultural Services to educate, advise and help the farmer in a variety of aspects. From increasing the milk yield of their cows through improved dairy farming methods, to irrigation, scientific crop management practices and helping with the procurement of bank loans.

NESTLE set up milk collection centres that would not only ensure prompt collection and pay fair prices, but also instill amongst the community, a confidence in the dairy business. Progress involved the creation of prosperity on an on-going and sustainable basis that has resulted in not just the transformation of Moga into a prosperous and vibrant milk district today, but a thriving hub of industrial activity, as well.

NESTLE has been a partner in India's growth for over a century and has built a very special relationship of trust and commitment with the people of India. The Company's activities in India have facilitated direct and indirect employment and provides livelihood to about one million people including farmers, suppliers of packaging materials, services and other goods.

The Company continuously focuses its efforts to better understand the changing lifestyles of India and anticipate consumer needs in order to provide Taste, Nutrition, Health and Wellness through its product offerings. The culture of innovation and renovation within the Company and access to the NESTLÉ Group's proprietary technology/Brands expertise and the extensive centralized Research and Development facilities gives it a distinct advantage in these efforts. It helps the Company to create value that can be sustained over the long term by offering consumers a wide variety of high quality, safe food products at affordable prices.

NESTLE India manufactures products of truly international quality under internationally famous brand names such as NESCAFE, MAGGI, MILKYBAR, KIT KAT, BAR-ONE, MILKMAID and NESTEA and in recent years the Company has also introduced products of daily consumption and use such as NESTLE Milk, NESTLE SLIM Milk, NESTLE Dahi and NESTLE Jeera Raita.

NESTLE India is a responsible organisation and facilitates initiatives that help to improve the quality of life in the communities where it operates.

Products of the company

  • Beverages
  • Breakfast Cereals
  • Chocolates and Confectionery
  • Dairy
  • Nutrition
  • Foods
  • Vending and Food Services
  • Imports
  • Exports
  • Nestle Ad Campaigns

Awards and Recognitions

Company received awards at various industry platforms in the area of corporate management, marketing, advertising, digital engagement, packaging, human resource development and corporate social responsibility. Some awards are listed below:

  • Mr. Suresh Narayanan recognized as the Best CEO in the FMCG category by Business Today.
  • Nestle India won ‘Best Overall Excellence in CSR’ at the National CSR Leadership Awards 2019.
  • Three awards won at Nielsen Breakthrough Innovation Awards for NESCAFE Ready-to-Drink (Emerging Play), MAGGI Masalas of India and KIT KAT Strawberry Duo (both Short Term Play).
  • NESCAFE bagged Effie, silver for its campaign ‘Badal Life Ki Raftar’.
  • ‘AskNestle / NINA’ won Gold for Most Innovative Mobile Campaign of the year at MOBEXX Awards 2019.
  • RESOURCE High Protein, won The Global Emerald Award, from the Nestlé Health Science Global Recognition Program.
  • MAGGI won at the 3rd edition of The Advertising Club’s MARQUEES Awards 2019 I the FMCG (Foods) category.
  • Nestle India Supply Chain won Leadership Awards 2019 during 13th ELSC Leadership Conclave in the category of ‘Customer Intimacy & Service Excellence’ Company of the Year.
  • NESCAFE won Gold at The Great Lifestyle Brands Awards.
  • Pantnagar Factory, Ponda Factory and NQAC Lab in the Moga Factory of the Company were awarded by Confederation of Indian Industries for Excellence in Food Safety and Food Testing.
  • Moga Factory of the Company was awarded The Golden Peacock National Quality Awards held at Dubai (UAE).
  • Samalkha Factory of the Company won the first prize in the 6th CII Safety competition 2019 for the Northern region.
  • Ponda Factory of the Company won the ‘Gomant Suraksha Puraskar’ Award.
  • Tahliwal Factory of the Company won Gold Award in the 6th National Awards for Manufacturing Competitiveness.
  • Nestle India ranked joint FIRST in ATNI’s India Spotlight Index 2020
  • Nestle India has launched a virtual internship programme ‘Nesternship’. The programme addresses applications from Graduates in the Final Year of any discipline and Post-Graduates and will focus on upskillinag and enabling the interns to thrive in workplaces, that they join, at a later date.

Milestones

  • 2015- Welcome Back MAGGI NoodlesHappy Deepawali
  • 2015- 100% of the samples sent from newly manufactured stocks tested by three laboratories have been cleared 
  • 2015- MAGGI Noodles are safe 100% of samples tested by 3 laboratories are clear
  • 2015- Nestlé India launches new KIT KAT SENSES Ad Film
  • 2015- No order to recall MAGGI Noodles being sold
  • 2016- Nestle India Launches NESCAFE Ready-to-Drink 
  • 2016- Nestle India launches NESTLE a+ PRO-GROW containing 20% higher milk protein
  • 2016- Nestle India delights consumers with new variants of MAGGI Noodles
  • 2016- Nestle India continues with its innovations, launches NESCAFE SUNRISE INSTA-FILTER.
  • 2016- MAGGI Noodles gains further, leads category with more than 50% market share MAGGI Vegetable Atta Noodles and MAGGI Oats Noodles re-launched.
  • 2017- Nestle India launches KIT KAT Dessert Delight - a unique premium innovation
  • 2017- Nestle India introduces the new MAGGI NUTRI-LICIOUS Noodles range 
  • 2017- Nestle India, Government of Rajasthan and NASVI join hands to raise awareness on Food Safety Practices and Hygiene among Street Food Vendors in Jaipur.
  • 2017- MAGGI launches Iron Fortified Noodles as part of ‘Simply Good’ commitment 
  • 2017- Nestlé India extends its popular NESTLE a+ GREKYO range with the launch of Blueberry Greek Yoghurt and Greek Style Curd
  • 2017- Nestle India launches exciting new range of Noodles - MAGGI Masalas of India
  • 2017- MILO launches new ad campaign: MILO - GROW WITH SPORTS 
  • 2017- Nestle India ties up with the Department of Medical and Health, Government of Rajasthan to offer access to clean drinking water.
  • 2018- Introducing Nestle EVERYDAY Chai Life
  • 2018- Nestle India Forays Into Dips Segment With The Launch Of MAGGI Dip & Spread
  • 2018- Nestle India Introduces NESPLUS - An Exciting New Range Of Breakfast Cereals 
  • 2018- Nestle India Introduces Breakfast Cereals
  • 2018- The Food and Drug Administration of Gujarat launch Project ‘Serve Safe Food’ in Ahmedabad in collaboration with Nestlé India and NASVI
  • 2018- Government of Madhya Pradesh, National Association of Street Vendors of India (NASVI) and Nestle India launch Project ‘Serve Safe Food’ in Bhopal and Indore
  • 2018- Nestle MUNCH gets a whole lot Crunchier and Nuttier
  • 2018- MAGGI Turns 35 - Rolls out new thinking under ‘Kuch Achha Pak Raha Hai’
  • 2018- This Valentine’s Day, take a romantic break with Nestlé KITKAT Strawberry Duo 
  • 2019- Launch of world’s no. 1 cocoa-malt beverage - MILO in India 
  • 2019- MAGGI Fusian Noodles Records Overwhelming Sales on Amazon Prime Days
  • 2019- Nestle India Introduces MAGGI Fusian Noodles range - A thrilling Asian feast
  • 2020- Nestle India Launches ‘MAGGI -Desh Ke Liye 2 Minute - Ek Chhoti Si Koshish’.
  • 2020- Nestle India reaches out to Youth-launches 1000 ‘Nesternship’ opportunities for young professionals.
  • 2020- Nestle India Extends Its Commitment To India’s Fight Against COVID-19 .
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