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Nestle India Ltd

NSE: NESTLEIND BSE: 500790

Nestle India Limited is a subsidiary of Nestle which is a Swiss MNC. The company operates in the Food segment.

1,429
52W: ₹1085 — ₹1499
PE 79.9 · Book ₹27.5 · +5096% vs book
Market Cap₹2,75,556 Cr
Stock P/E79.9Price to Earnings
ROCE84.2%Return on Capital
ROE73.2%Return on Equity
Div. Yield0.84%Face Value ₹1

Strengths

  • +Company has reduced debt.
  • +Company is almost debt free.
  • +Company has a good return on equity (ROE) track record: 3 Years ROE 92.3%
  • +Company has been maintaining a healthy dividend payout of 74.3%

Weaknesses

  • Stock is trading at 52.3 times its book value
  • The company has delivered a poor sales growth of 11.6% over past five years.

Shareholding Pattern

Promoters62.76%
FIIs9.74%
DIIs12.4%
Public15.09%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters62.76%62.76%62.76%62.76%62.76%62.76%62.76%62.76%
FIIs11.94%11.94%10.27%1.710.02%0.310.28%0.39.82%0.59.81%0.09.74%0.1
DIIs9.17%9.45%0.310.8%1.411.3%0.511.18%0.111.75%0.612.1%0.312.4%0.3
Public16.1%15.86%0.216.17%0.315.9%0.315.76%0.115.63%0.115.31%0.315.09%0.2

Financial Statements

MetricDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales4,6005,2684,8145,1044,7805,5045,0965,6445,6676,748
Expenses3,5053,9183,7003,9363,6774,1163,9964,4074,4664,976
Operating Profit1,0951,3501,1141,1681,1031,3881,1001,2371,2011,772
OPM %24%26%23%23%23%25%22%22%21%26%
Net Profit6569347479866968856597531,0181,114
EPS ₹3.44.843.875.123.614.593.423.915.285.78

AI Insights

Revenue Trend

Mar 2026 revenue at ₹23,155Cr, up 14.6% YoY. OPM at 23%.

Debt Position

Borrowings at ₹444Cr. Debt-to-equity ratio: 0.09x. Healthy balance sheet.

Capex Cycle

CWIP at ₹507Cr (8% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 12.4% (+3.35pp change). FIIs: 9.74% (-2.64pp change). Promoters hold 62.76%.

Margin & Efficiency

ROCE improving from 46% (Dec 2015) to 84% (Mar 2026). Working capital days: -24.

Valuation

PE 79.9x with 84.2% ROCE. Price is 5096% above book value of ₹27.5. Dividend yield: 0.84%.

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