āagman

Not investment advice. Data and computed figures, for information only.

Nestle India Ltd

NSE: NESTLEINDF&O
₹1,275.80
−₹107.40 (−7.76%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹2,57,044 Cr
CMP
₹1,275.80
52-wk High / Low
₹1,553 / 1,159
P/E
69.4
P/B
49.9
Book Value
₹26.7
Div Yield
0.90%
ROCE
85.0%
ROE
74.2%
Face Value
₹1
D/E
0.09

Price+6.4% over 1Y

āagman read

Computed by āagman
Derived from 4 years and 10 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
6
/ 9
6 of 9 F-score tests passed
Graham Number
₹104
√(22.5 × EPS × book value per share)
ROIC
62.4%
vs 13.1% sector median
Cash flow to profit
1.44
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+253
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
27.9%
ROE × earnings retention ratio
ROE stability
21.2
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII +1.96DII −1.74
Latest quarter vs the previous one
Cash-accrual divergence
−12.2%
of assets
Low = accruals track cash flow
Strengths
+Annualised volatility of 22.4% is in the low band (≤25%)
Watch-outs
−Price trades below its 200-day moving average (0.9x)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 10 quarters
As of 30 Jun 2026
Dec 2023Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales4,6004,8145,1044,7805,5045,0965,6445,6676,7486,378
Expenses3,5053,7003,9403,6854,1284,0094,4174,4864,9794,856
Operating Profit1,0951,1141,1641,0951,3761,0871,2271,1811,7681,522
OPM %23.8%23.1%22.8%22.9%25.0%21.3%21.7%20.8%26.2%23.9%
Other Income−77391904942170−1816
Interest23323235384746283742
Depreciation109113122150155157163174205188
Profit before tax8861,0091,2009141,1928881,0181,1481,5091,308
Net Profit6567478996888736477439981,111959
EPS (₹)3.403.874.663.574.533.353.855.185.764.97

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 4 years + TTM
Dec 2023Mar 2024Mar 2025Mar 2026TTM
Sales19,12624,39420,20223,15524,437
Expenses14,65518,55115,45417,89318,739
Operating Profit4,4715,8434,7475,2615,698
OPM %23.4%24.0%23.5%22.7%23.3%
Other Income116159245160170
Interest119145136158154
Depreciation429568540699730
Profit before tax4,0385,2894,3164,5644,984
Net Profit2,9993,9333,2083,4993,811
EPS (₹)15.5520.4016.6318.1519.76

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Dec 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital—9696193—
Reserves—3,2443,9144,964—
Borrowings—3451,167444—
Other Liabilities—6,8387,0167,581—
Total Liabilities—10,52312,19313,182—
Fixed Assets—3,4605,4746,290—
CWIP—1,7421,173507—
Investments—464575531—
Other Assets—4,8574,9725,854—
Total Assets—10,52312,19313,182—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Dec 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity—4,1752,9365,048
Cash from Investing Activity—−1,237−1,811−624
Cash from Financing Activity—−3,135−1,848−3,179
Net Cash Flow—−198−7231,244

Ratios

As of 31 Mar 2026
4 periods
Dec 2023Mar 2024Mar 2025Mar 2026
ROCE %——96.085.0
ROE %———74.2
EPS (₹)15.5520.4016.6318.15
Book Value (₹)———26.7
Face Value (₹)———1
P/E———69.4
Div Yield %———0.90
NPM %15.616.015.715.0
OPM %23.024.024.023.0
D/E—0.100.290.09
P/B———49.9

Growth

As of 11 Oct 2026
Compounded sales growth
TTM+19.0%
Compounded profit growth
TTM+25.0%
Stock price CAGR
10 years+15.0%
5 years+7.0%
3 years+5.0%
Last year+11.0%
Return on equity
3 years90.0%
Last year74.0%

Shareholding pattern

As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters62.76%62.76%62.76%62.76%62.76%62.76%62.76%62.76%62.76%62.76%62.76%62.76%62.76%
FIIs12.52%12.52%12.52%11.94%12.55%11.81%12.29%12.01%12.06%12.10%10.02%9.74%11.70%
DIIs7.43%7.43%7.43%8.16%7.69%9.12%7.95%8.60%9.19%9.00%11.30%12.40%10.66%
Government0.09%0.09%0.09%0.09%0.07%0.07%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public17.20%17.20%17.20%17.04%16.93%16.24%16.99%16.62%15.99%16.14%15.90%15.09%14.88%
No. of shareholders77,19877,19877,19870,84990,9941,16,5571,71,5371,92,0941,87,3654,10,1445,38,1654,92,1244,86,407
Change since Jun 2023 (pp)
Promoters +0.00FIIs −0.82DIIs +3.23Public −2.32

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Board Meeting Intimation for Consideration Of Unaudited Financial Results (Standalone And Consolidated) For The Second Quarter And Half Year Ending 30Th September 2026 And Closure Of Trading Window.Closure of Trading WindowUpdate On Participation In The Investor Conference Held On 21St September 2026Rumour verification - Regulation 30(11)
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2022Annual Report 2021
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingFeb 2025TranscriptFeb 2025PPTFeb 2025RecordingApr 2024PPTOct 2023TranscriptOct 2023PPTFeb 2023TranscriptFeb 2023PPT

Corporate actions

As of 10 Jul 2026
10 Jul 2026DIVIDENDSpecial Dividend - Rs 2 Per Share—
6 Feb 2026DIVIDENDInterim Dividend - Rs 7 Per Share—
8 Aug 2025BONUSBonus 1:1—
4 Jul 2025DIVIDENDDividend - Rs 10 Per Share—
7 Feb 2025DIVIDENDInterim Dividend - Rs 14.25 Per Share—
16 Jul 2024DIVIDENDDividend - Rs 8.50 Per Share—
15 Feb 2024DIVIDENDInterim Dividend - Rs 7 Per Share—
5 Jan 2024SPLITFace Value Split (Sub-Division) - From Rs10/- Per Share To Re 1/- Per Share10 : 1
1 Nov 2023DIVIDENDInterim Dividend - Rs 140 Per Share—
21 Apr 2023DIVIDENDFinal Dividend - Rs 75 Per Share—
31 Oct 2022DIVIDENDInterim Dividend - Rs 120 Per Share—
21 Apr 2022DIVIDENDInterim Dividend - Rs 25 Per Sh/Dividend - Rs 65 Per Share—
26 Oct 2021DIVIDEND Interim Dividend - Rs 110 Per Share—
29 Apr 2021DIVIDEND Annual General Meeting/Dividend - Rs 65 Per Share—
11 Jun 2020DIVIDEND Annual General Meeting/Dividend - Rs 61 Per Share—
10 Dec 2019DIVIDEND Interim Dividend - Rs 55 Per Share—
9 Aug 2019DIVIDEND Interim Dividend - Rs 23 Per Share/ Special Dividend - Rs180 Per Share—
6 May 2019DIVIDEND Interim Dividend - Rs 23 Per Share—
30 Apr 2019DIVIDEND Annual General Meeting/ Dividend - Rs 25 Per Share—
12 Dec 2018DIVIDEND Interim Dividend - Rs 50 Per Share—
10 Aug 2018DIVIDEND Interim Dividend Rs 20 Per Share—
16 May 2018DIVIDEND Annual General Meeting/ Final Dividend - Rs 23 Per Share/ Interim Dividend - Rs 20 Per Share (Purpose Revised)—
11 Dec 2017DIVIDEND Interim Dividend - Rs 33/- Per Share (Purpose Revised)—
2 Aug 2017DIVIDEND Interim Dividend Rs 15/- Per Share—
19 May 2017DIVIDEND Annual General Meeting/Dividend - Rs 23/- Per Share/Interim Dividend -Rs 15/- Per Share—
9 Dec 2016DIVIDEND Interim Dividend Rs 16/- Per Share (Purpose Revised)—
5 Aug 2016DIVIDEND Interim Dividend - Re 12/- Per Share(Purpose Revised)—
18 May 2016DIVIDEND Annual General Meeting/Final Dividend- Rs 18.50/- Per Share + Interim Dividend -Rs 12/- Per Share (Purpose Revised)—
11 Dec 2015DIVIDEND Interim Dividend-Rs 16/- Per Share—
19 May 2015DIVIDENDAnnual General Meeting/Final Dividend - Rs 12.50/- Per Share / Interim Dividend - Rs 14/- Per Share (Purpose Revised)—
8 Dec 2014DIVIDENDThird Interim Dividend - Rs 8/- Per Share (Purpose Revised)—
15 Sep 2014DIVIDEND2nd Interim Dividend Rs.30/- Per Share (Purpose Revised)—
15 May 2014DIVIDENDAnnual General Meeting / Final Dividend - Rs 12.50/- Per Share—
1 Nov 2013DIVIDEND2nd Interim Dividend Rs.18/- Per Share (Purpose Revised)—
25 Feb 2013DIVIDENDInterim Dividend Rs 12.50 Per Share—
12 Dec 2012DIVIDEND2nd Interim Dividend Rs.18/- Per Share (Purpose Revised)—
1 Aug 2012DIVIDENDInterim Dividend Rs 18 Per Share (Purpose Revised)—
21 Mar 2012DIVIDENDAnnual General Meeting And Dividend - Rs.12.50/- Per Share—
12 Dec 2011DIVIDEND2nd Interim Dividend Rs.27/- Per Share (Purpose Revised)—
21 Apr 2011DIVIDENDFinal Dividend Rs.12.50/- Per Share And Interim Dividend Rs.9/- Per Share(Purpose Revised)—
3 Nov 2010DIVIDEND2nd Interim Dividend - Rs 27/- Per Share (Purpose Revised)—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman