Nestle India
- Market cap
- ₹ 2,26,278 Cr.
- P/E
- 56.7x
- P/B
- 44.49x
- 52-week range
- 1,147.4 – 1,553
- ROE
- 73%
- ROCE
- 84%
- Dividend yield
- 1%
- Debt / equity
- 0.09
- Sector
- Food Products
- Industry
- Packaged Foods
- Listed on
- NSE, BSE
About
Nestle India Limited is an India-based company that is engaged in the food business. The Company's product categories include milk products and nutrition, prepared dishes and cooking aids, powdered and liquid beverages, and confectionery. Its milk and nutrition products include dairy whitener, condensed milk, ultra heat treatment milk, yoghurt, maternal and infant formula, baby foods, and health care nutrition. Its dishes and cooking aid products include noodles, sauces, seasonings, pasta, cereals and pet food. Its powdered and liquid beverages include instant coffee, instant tea and ready to drink beverages. The Company's confectionery products include bar count lines, tablets and sugar confectionery. The Company's brands include NESCAFE, MAGGI, MILKYBAR, KIT KAT, MUNCH, MILKMAID, GERBER and LACTOGROW. Its coffee products include NESCAFE Classic, NESCAFE Sunrise and NESCAFE GOLD. Its pet food portfolio includes PURINA Friskies and PURINA Fancy Feast in the dry and wet cat food range.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Packaged Foods: 56 companies →Nestle India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)56.7 against a typical 42.6: pricier than most peers (1st = cheapest).37th of 56
- Sales growth+20.3% against a typical +15.3% from a year earlier.18th of 45
- Profit growth+36.4% against a typical +7.5% from a year earlier.10th of 40
- Share price, 3 months−22.3% against a typical −10.1%.41st of 51
- Size₹ 2,26,278 Cr. market value against a typical ₹ 99 Cr. (1st = largest).1st of 53
Latest announcements
Exchange filings and their impact on the company.
- Q2/H1 FY27 results approved; underlying trend points to continued double-digit growth.
Nestle India’s board on 15 October 2026 approved the unaudited standalone and consolidated results for the second quarter and half year ended 30 September 2026. The results were reviewed by S.R. Batliboi & Co. LLP and accompanied by a press release, to be published and uploaded on the company website. The filing confirms the quarterly reporting milestone, with recent quarters showing sales around Rs 6300-6700 cr and steady profitability.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Highest safety
Rated AAA by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil AAA | Stable | 24 Jun 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 24 Jun 2026 | Reaffirmed | Crisil AAA | — | CRISIL | ₹ 2,500 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 15 Oct 2026 | Financial Results | To consider and approve the unaudited financial results (standalone and consolidated) for the second quarter and half year ending September 30, 2026 |
| 22 Jul 2026 | Financial Results | A meeting of the Board of Directors of the Company is scheduled for Wednesday, 22nd July 2026, to inter-alia consider the unaudited financial results (standalone and consolidated) for the first quarter ending 30th June 2026. |
| 3 Jul 2026 | Dividend | A meeting of the Board of Directors of the Company is scheduled for Friday, 3rd July 2026, to consider declaration of a special dividend 2026, if any, out of the Retained Earnings of the Company. |
| 21 Apr 2026 | Financial Results | To consider and approve the audited financial results (standalone and consolidated) for the financial year ending March 31, 2026 |
| 30 Jan 2026 | Dividend | Board of Directors of the Company to inter alia consider declaration of an interim dividend for the Financial Year 2025-26, if any. |
| 16 Oct 2025 | Financial Results | To consider and approve the unaudited financial results (standalone and consolidated) for the second quarter and half year ending 30th September 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,600 | 5,268 | 4,814 | 5,104 | 4,780 | 5,504 | 5,096 | 5,644 | 5,667 | 6,748 | 6,378 | 6,788 |
| Expenses | 3,505 | 3,918 | 3,700 | 3,936 | 3,677 | 4,116 | 3,996 | 4,411 | 4,466 | 4,976 | 4,840 | 5,173 |
| Operating Profit | 1,095 | 1,350 | 1,114 | 1,168 | 1,103 | 1,388 | 1,100 | 1,233 | 1,201 | 1,772 | 1,538 | 1,615 |
| OPM % | 24% | 26% | 23% | 23% | 23% | 25% | 22% | 22% | 21% | 26% | 24% | 24% |
| Other Income | −77 | 37 | 39 | 298 | 4 | 9 | 4 | 6 | 170 | −18 | 16 | 17 |
| Interest | 23 | 26 | 32 | 32 | 35 | 38 | 47 | 46 | 28 | 37 | 42 | 40 |
| Depreciation | 109 | 110 | 113 | 122 | 150 | 155 | 157 | 163 | 174 | 205 | 188 | 192 |
| Profit before tax | 886 | 1,251 | 1,009 | 1,312 | 922 | 1,205 | 900 | 1,029 | 1,168 | 1,513 | 1,324 | 1,399 |
| Tax % | 26% | 25% | 26% | 25% | 25% | 26% | 27% | 27% | 13% | 26% | 26% | 27% |
| Net Profit | 656 | 934 | 747 | 986 | 696 | 885 | 659 | 753 | 1,018 | 1,114 | 975 | 1,027 |
| EPS in Rs | 3.4 | 4.84 | 3.87 | 5.12 | 3.61 | 4.59 | 3.42 | 3.91 | 5.28 | 5.78 | 5.06 | 5.32 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 11%
- 5 Years
- 12%
- 3 Years
- 11%
- TTM
- 22%
- 10 Years
- 15%
- 5 Years
- 11%
- 3 Years
- 13%
- TTM
- 35%
- 10 Years
- 14%
- 5 Years
- 6%
- 3 Years
- 1%
- TTM
- —
- 10 Years
- 76%
- 5 Years
- 98%
- 3 Years
- 92%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Nestle India | ₹ 1,168.00 | ₹ 2,26,278 Cr. | 56.7x | 44.5x | 73% | — |
| Britannia Industries | ₹ 4,547.80 | ₹ 1,09,542 Cr. | 51.5x | 25.5x | 53.6% | 13.3% |
| Tata Consumer Products | ₹ 960.00 | ₹ 95,010 Cr. | 67.4x | 4.9x | 7.4% | 8.1% |
| Godrej Industries | ₹ 918.00 | ₹ 30,884 Cr. | 34.9x | 4x | 11.6% | 10.9% |
| Patanjali Foods | ₹ 351.00 | ₹ 38,193 Cr. | 18.9x | 2.8x | 14.8% | 4.5% |
| AWL Agri Business | ₹ 173.00 | ₹ 22,484 Cr. | 23.2x | 2.3x | 10.5% | 1.3% |
Management
- Manish Tiwary
- Chairman of the Board, Managing Director
- Edouard Dominique Jean Mac Nab
- Chief Financial Officer, Executive Director - Finance & Control
- Pramod Kumar Rai
- Compliance Officer, Company Secretary
- Pallavi Anand
- Head - Pet Food
- Varun Gupta
- Head - Supply Chain, Export and Import Business
- Gopichandar Jagatheesan
- Head - Confectionery and Cereals
- Saurabh Makhija
- Head - Nestle Professional
- Sunayan Mitra
- Head - Coffee and Beverages
Prices are delayed and for information only. Nothing on this page is investment advice.