NESTLEIND · NSE

Nestle India Limited

₹1,372.4

+0.13% (+₹1.8)

Prev. close

₹1,370.6

Volume

32,64,904

Delivery %

63.1%

As of

18 Sept 2026

Price history

Bullish

Axis Securities Analysis · Axis Securities · 15 Jul 2026

Bullish on Nestle India, pegging the target price at ₹1,640, an upside of 15.3%. The company's wide range of food and beverage products, including milk products, coffee, tea, and chocolates, underpins its strong market position and growth potential.

Published mid-session at 10:07 IST. Tracking counts only prices printed after publication — the chart's dashed divider marks that moment; earlier prices never count toward entry or results.

Target ₹1,640NOT GRADEDCall pageClear
₹1,372.4-₹52 (-3.65%) · CALL
15 Jul 202618 Sept 2026
₹1,362Target ₹1,640Entry ₹1,424.415 Jul04 Aug20 Aug03 Sept18 SeptCall published 10:07
Axis Securities Analysis's call · 15 Jul 2026

Analyst sentiment

Analysts lean bullish

4 analyst stances · last 90 days · one per analyst

Trackable

2 · 2 bull / 0 neutral / 0 bear

Long-Horizon

none in window

Commentary

2 · 2 bull / 0 neutral / 0 bear

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 100% (4)Neutral 0% (0)Bearish 0% (0)
Explore by date range →

Analyst opinions

CallAnalystInstrumentVerdictActions
Bullish on Nestle India, pegging the target price at ₹1,640, an upside of 15.3%. The company's wide range of food and be…Axis Securities AnalysisAxis SecuritiesNestle IndiaNOT GRADED
Bullish on Nestle India, pegging the target price at ₹1,640, an upside of 15.3%. The company's wide range of food and beverage products, including milk products, coffee, tea, and chocolates, underpins its strong market position and growth potential.
Target ₹1,640Track opinion →

This call couldn't be objectively graded against market data.

Market commentary · 2 · levels, conditionals, previews, macro & hedged views — context, not graded
CallAnalystInstrumentVerdictActions

Fundamentals

About Nestle India Limited

Nestlé India Limited engages in the manufacture and sale of food products in India and internationally. It offers milk products and nutrition, including dairy whitener, condensed milk, UHT milk, yogurt, maternal and infant formula, baby foods, health care nutrition; prepared dishes and cooking aids, such as noodles, sauces, seasonings, pasta, cereals, and pet foods; powdered and liquid beverages comprising instant coffee and tea, as well as ready to drink beverages; and confectionery items consisting of bar countlines, tablets, and sugar confectionery products. The company was incorporated in 1959 and is headquartered in Gurugram, India.

Details

Sector

Consumer Defensive

Industry

Packaged Foods

CEO

Mr. Manish Tiwary

Headquarters

Gurugram

Employees

8,356

Website

nestle.in

Key stats

Market cap

₹2.65 L Cr

P/E ratio (TTM)

69.5

Dividend yield

0.88%

EPS (TTM)

₹19.74

Beta (1Y · daily vs NIFTY 50)

0.56

Beta (5Y · monthly vs NIFTY 50)

1.05

Shares float

70.24 Cr

EPS · quarter ended Jun 2026

₹4.97

Upcoming earnings

15 Oct 2026

Financial Performance

01 · Financials

0 Cr10000 Cr20000 Cr30000 Cr0%5%10%15%Dec 2021Dec 2022Mar 2024 15mMar 2025Mar 2026
RevenueNet incomeEBITDARevenue growth YoY

FY21 growth needs FY20 filings, which the data source doesn't provide. Fiscal year-end moved from December to March between Dec 2022 and Mar 2024 15m; the company's transition period bridged the two calendars, so no intermediate 12-month year exists — the "missing" column is a period that never was, not a data gap.

02 · Earnings Per Share (EPS)

0102030Dec 2021Dec 2022Mar 2024Mar 2025Mar 2026

03 · Dividend Profile

0358-200%0%200%400%11 Jun 2029 Apr 2126 Oct 2121 Apr 2231 Oct 2221 Apr 2301 Nov 2315 Feb 2416 Jul 2407 Feb 2504 Jul 2506 Feb 2610 Jul 26
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-50%0%50%100%Dec 2021Dec 2022Mar 2024 15mMar 2025Mar 2026
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr5000 Cr10000 Cr15000 Cr0.5×1.5×Dec 2021Dec 2022Mar 2024 15mMar 2025Mar 2026
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr5000 Cr10000 Cr15000 CrDec 2021Dec 2022Mar 2024 15mMar 2025Mar 2026
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

0 Cr2000 Cr4000 Cr6000 CrDec 2021Dec 2022Mar 2024 15mMar 2025Mar 2026
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemDec 2021Dec 2022Mar 202415mMar 2025Mar 2026
₹14,664.90 Cr₹16,789.53 Cr₹24,393.89 Cr₹20,201.56 Cr₹23,154.60 Cr
EBITDA₹3,450.02 Cr₹3,813.55 Cr₹5,972.14 Cr₹4,970.29 Cr₹5,362.01 Cr
₹2,118.41 Cr₹2,390.52 Cr₹3,932.84 Cr₹3,207.59 Cr₹3,499.08 Cr
Diluted EPS₹10.99₹12.4₹20.4₹16.64₹18.15

This company moved its fiscal year-end; the transition period bridged the two calendars, so no intermediate 12-month year exists between the adjacent columns.

Total expenses (as filed), Employee benefit expense, Other expenses, Other income have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Earnings per share for periods ending before 2024-01-05 are restated for the 2024-01-05 stock split (Face Value Split (Sub-Division) - From Rs10/- Per Share To Re 1/- Per Share), so they differ from the figures printed in those years' own annual reports. Earnings per share for periods ending before 2025-08-08 are restated for the 2025-08-08 bonus issue (Bonus 1:1), so they differ from the figures printed in those years' own annual reports. The period ending 2024-03-31 covers 15 months, not the usual 12, so its earnings per share is not directly comparable to a full-year figure.

This company only began filing consolidated results partway through the years shown; figures for 2020, 2021, 2022, 2024 are standalone (it had no consolidated results to file), and 2025, 2026 are consolidated — each figure is exactly as that year's own report states, on that year's own scope.

09 · Balance Sheet

Annual

Line itemDec 2021Dec 2022Mar 202415mMar 2025Mar 2026
₹8,234.13 Cr₹8,978.74 Cr₹10,523.06 Cr₹12,193.32 Cr₹13,182.49 Cr
₹266.46 Cr₹270.52 Cr₹344.53 Cr₹1,166.85 Cr₹444.16 Cr
Stockholders' equity₹2,084.48 Cr₹2,459.17 Cr₹3,340.89 Cr₹4,010.21 Cr₹5,156.97 Cr

This company moved its fiscal year-end; the transition period bridged the two calendars, so no intermediate 12-month year exists between the adjacent columns.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

This company only began filing consolidated results partway through the years shown; figures for 2020, 2021, 2022, 2024 are standalone (it had no consolidated results to file), and 2025, 2026 are consolidated — each figure is exactly as that year's own report states, on that year's own scope.

10 · Cash Flow Statement

Annual

Line itemDec 2021Dec 2022Mar 202415mMar 2025Mar 2026
₹2,236.00 Cr₹2,737.43 Cr₹4,174.79 Cr₹2,934.53 Cr₹5,047.56 Cr
Investing cash flow₹-1,920.33 Cr₹-391.73 Cr₹-1,237.42 Cr₹-1,810.90 Cr₹-623.68 Cr
₹-2,019.97 Cr₹-2,122.74 Cr₹-3,134.92 Cr₹-1,846.30 Cr₹-3,179.49 Cr
Capital expenditure₹-734.84 Cr₹-549.92 Cr₹-1,882.67 Cr₹-2,008.64 Cr₹-829.70 Cr
End cash position₹773.44 Cr₹996.40 Cr₹798.85 Cr₹76.18 Cr₹1,320.57 Cr

This company moved its fiscal year-end; the transition period bridged the two calendars, so no intermediate 12-month year exists between the adjacent columns.

Change in working capital, Debt issued, Debt repaid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemJun 23Jun 26(14Q)
Promoter62.76%
Public37.24%
Employee trusts0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Consumer Defensive

Company
Hindustan Unilever Limited₹4.56 L Cr₹1,93243.79.3630.9%0.03+5.3%-25.3%
ITC Limited₹3.34 L Cr₹262.316.84.6028.5%0.03+4.8%-36.3%
Nestle India Limited₹2.67 L Cr₹1,383.369.966.5280.0%0.29+19.6%+14.1%
Avenue Supermarts Limited₹2.42 L Cr₹3,749.979.49.8912.1%0.10+16.0%-21.2%
Varun Beverages Limited₹1.41 L Cr₹421.9541.57.1815.5%0.13+7.1%-10.9%
Britannia Industries Limited₹1.20 L Cr₹4,98245.723.5849.6%0.27+7.5%-18.3%
Marico Limited₹1.06 L Cr₹803.956.025.1941.9%0.13+26.2%+11.7%
TATA CONSUMER PRODUCTS LIMITED₹98,978.89 Cr₹1,013.760.44.547.1%0.13+15.2%-10.8%
United Spirits Limited₹98,697.70 Cr₹1,37158.511.0220.5%0.05+7.8%+3.3%
Godrej Consumer Products Limited₹89,334.52 Cr₹88046.67.0614.7%0.35+8.5%-28.9%
Dabur India Limited₹67,765.15 Cr₹384.5534.75.9316.6%0.11+5.2%-28.1%
Radico Khaitan Limited₹58,684.29 Cr₹4,535.483.117.7018.2%0.24+24.8%+50.7%

Ranked by market cap within Consumer Defensive, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Annual reports

Show all 29

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

67 indices

NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

NESTLEIND

FSSAI Files Cases Against Nestle India Over Infant Nutrition Products; Shares Fall 2%

Free Press Journal · 14 hours ago

NESTLEIND

Zee Business. . Nestle में बढ़त के साथ कारोबार अच्छे नतीजों के अनुमान से तेजी Q2 में अच्छी ग्रोथ का अनुमान क्या हैं Nestle में तेजी के ट्रिगर्स? #Nestle #NestleIndia #NestleStock #NestleShare #NestleIndiaStock #

facebook.com · 3 days ago