NSE: NESTLEIND · BSE: 500790 · ISIN INE239A01024
Nestle India Limited stock analysis
Nestle India Limited ranks #53 in the TickerSutra evidence-ranked universe with a score of 75/100 and 95% data confidence. The latest captured fundamentals show ROCE of 84.1%, quarterly sales growth of 25.2% and quarterly profit growth of 48.6%.Watchlist candidate
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- ROCE is 84.1%
- Low debt/equity of 0.08×
- Strong CFO/EBITDA of 0.95×
- Institutional ownership is rising
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- Valuation is above 40× earnings
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹16,897cr | ₹3,706cr | ₹2,391cr | 22.0% |
| 2023 | ₹19,126cr | ₹4,471cr | ₹2,999cr | 23.0% |
| 2024 | ₹24,394cr | ₹5,843cr | ₹3,933cr | 24.0% |
| 2025 | ₹20,202cr | ₹4,771cr | ₹3,314cr | 24.0% |
| 2026 | ₹23,155cr | ₹5,307cr | ₹3,545cr | 23.0% |
| TTM | ₹24,437cr | ₹5,747cr | ₹3,860cr | 24.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
RoutineBoard Meeting IntimationNSE · 26 Sept 2026 · Structured filingNESTLE INDIA LIMITED has informed the Exchange about Board Meeting to be held on 15-Oct-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 .
NESTLE INDIA LIMITED has informed the Exchange about Board Meeting to be held on 15-Oct-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarterly ended September 2026 .
Open original XBRL sourceNestle India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 15/10/2026 ,inter alia, to consider and approve Board Meeting scheduled to be held on 15th October 2026 for consideration of unaudited financial results for the quarter ending 30th September 2026
RoutineGeneral UpdatesNSE · 22 Sept 2026Nestle India Limited has informed the Exchange about Update on participation in the investor conference held on 21st September 2026
RoutineNestle India Ltd - 500790 - Update On Participation In The Investor Conference Held On 21St September 2026BSE · 22 Sept 2026update on participation in the investor conference held on 21st September 2026
RoutineNestle India Ltd - 500790 - Rumour verification - Regulation 30(11)BSE · 19 Sept 2026Clarification on the news item appearing in "https://www.moneycontrol.com" dated 18th September 2026
MANAGEMENT COMMENTARY
Signals from filed documents
Your Company’s power brands have strengthened their positions. MAGGI Noodles consistently maintained market leadership, while KITKAT and NESCAFÉ accelerated market share gains. Product Group Performance Confectionery recorded high double-digit growth in both value and volume, underpinned by strong underlying transaction growth across powerhouse brands.
The push on increased numeric distribution, enhanced freshness through our visicooler programme and exciting innovations has propelled the business to robust growth. Despite significant challenges on commodity price increases, we have been able to drive profitable growth, and the welcome reduction of GST rates has further propelled consumer sentiment.” Strong brands Your Company continued to strengthen its position i
Your Company is well positioned to capture this opportunity through offerings designed for on-the-go consumption, premium out-of-home experiences and impulse occasions. Continued expansion in this segment may further strengthen brand salience, consumer engagement, penetration and incremental consumption Exports and international market development Exports provide an incremental growth opportunity, supported by India’
I keep on saying there is enough headroom for our own categories. If we stay focused on it, I believe we can sort of drive the flywheel of virtuous growth, get the savings, get the scale benefits to be able to continue to maintain the required Nestlé India Limited August 4, 2026 Page 23 of 24 profitability margins across. And that is something which we have established in the last couple of years.
So very, very excited about our hypothesis of increased investment playing out to support our brand growth and to do all of this it is very, very important that we continue to invest in our capital expenditure. Like I said, we are a ‘Make in India’, bulk of our products are made in India, bulk of our raw materials are sourced from India, and we have been on a capacity expansion to support our volume growth. So, if yo
I strongly believe the fundamentals of our business have never been stronger. And with the significant growth opportunities which I referred to in terms of penetration, in terms of premiumization, we remain confident in our ability to continue to create sustainable long- term value for all our shareholders. Nestlé India Limited August 4, 2026 Page 6 of 24 I think it is important as we talk about the Company to take a
NOTES FORMING PART OF THE STANDALONE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH, 2026 (All amounts in J million, unless otherwise stated) * Effective 11th August, 2025, the paid-up share capital of the Company stands increased from H964.2 million, divided into 964.2 million equity shares of face value of H1/- each, to H1,928.3 million divided into 1,928.3 million equity shares of face value of H1/- each, foll
And I always say the consumer is always right. We would not just say because it is below regulatory level. So, we launched a ZAS version , which is zero added Sucrose.
Sarah Bhambre – Senior Manager - Investor Relations Nestlé India Limited August 4, 2026 Page 2 of 24 Sarah Bhambre: Good afternoon, everyone. A very warm welcome to Nestlé India's Analyst and Institutional Investor Meet 2026. We are delighted to have you with us today and sincerely appreciate your time and participation.
Your Company worked closely with its partners, distributors, wholesalers, and retailers, to pass on the benefits of the revised GST rates across product groups to consumers. This helped contain some of the commodity inflationary impacts from consumer pricing perspective. Your Company has managed the transition efficiently and are currently well placed.
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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