Nestle India Ltd - Stock Valuation and Financial Performance

BSE: 500790 | NSE: NESTLEIND | Consumer Food | Large Cap

Nestle Share Price

2,163.85 2.60 0.12%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on Nestle

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Nestle India stock performance -

mw4me loader
P/E Ratio (SA):
62.79
Market Cap:
2,08,629.2 Cr.
52-wk low:
2,147
52-wk high:
2,777

Is Nestle India Ltd an attractive stock to invest in?

1. Is Nestle India Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Nestle India Ltd is a good quality company.

2. Is Nestle India Ltd undervalued or overvalued?

The key valuation ratios of Nestle India Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Nestle India Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Nestle India Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Nestle:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Nestle India Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Dec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Mar'24TTM
ROCE % 55.8%28.7%53.2%57%70.9%98.7%147.9%151.6%152.6%185.4%-
Value Creation
Index
NA1.63.74.15.37.812.112.512.615.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 9,8558,1759,14110,01011,29212,36913,35014,74116,89719,51519,706
Sales YoY Gr.--17%11.8%9.5%12.8%9.5%7.9%10.4%14.6%15.5%-
Adj EPS 12.49.510.512.716.820.421.623.724.832.634.5
YoY Gr.--22.8%9.8%21.7%31.6%21.8%5.9%9.5%5%31.2%-
BVPS (₹) 29.429.23435.538.119.920.920.225.527.741.4
Adj Net
Profit
1,1929201,0101,2291,6161,9682,0832,2812,3953,1413,323
Cash Flow from Ops. 1,6441,0981,4661,8182,0522,2952,4542,2362,7373,340-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7.9%11.6%13.5%15.5%
Adj EPS 11.4%14.2%14.7%31.2%
BVPS-0.7%-6.2%9.8%8.7%
Share Price 13.4% 7.8% 4% -13.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Dec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Mar'24TTM
Return on
Equity %
45.832.533.136.745.670.4105.8115.1108.7135.499.7
Op. Profit
Mgn %
20.919.120.32123.323.72424.22223.824
Net Profit
Mgn %
12.111.311.112.314.315.915.615.514.216.116.9
Debt to
Equity
00000000000
Working Cap
Days
3949464440424664765745
Cash Conv.
Cycle
-2-5-6-9-19-20-18-16-14-12-7

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 13.49%

Net Profit is growing at healthy rate in last 3 years 14.67%

Return on Equity has declined versus last 3 years average to 99.70%

Sales growth is not so good in last 4 quarters at 5.66%

Latest Financials - Nestle India Ltd.

Standalone Consolidated
TTM EPS (₹) 34.5 -
TTM Sales (₹ Cr.) 19,706 -
BVPS (₹.) 41.4 -
Reserves (₹ Cr.) 4,977 -
P/BV 52.28 -
PE 62.79 -
From the Market
52 Week Low / High (₹) 2147.00 / 2777.00
All Time Low / High (₹) 5.93 / 2777.00
Market Cap (₹ Cr.) 2,08,629
Equity (₹ Cr.) 96.4
Face Value (₹) 1
Industry PE 64.6

Management X-Ray of Nestle:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Nestle

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSDec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Mar'24
Sales9,8558,1759,14110,01011,29212,36913,35014,74116,89724,394
Operating Expenses 7,8156,6207,2927,9138,6769,44510,15311,17813,19118,581
Manufacturing Costs1,3759771,1051,2081,3151,3891,3771,7842,2062,650
Material Costs3,7662,9213,2203,6173,8234,3774,8325,2346,4109,155
Employee Cost 8379139021,0171,1241,2581,5011,5301,6352,336
Other Costs 1,8371,8102,0662,0702,4132,4212,4432,6302,9394,439
Operating Profit 2,0401,5551,8502,0972,6172,9243,1973,5623,7065,813
Operating Profit Margin (%) 20.7%19.0%20.2%20.9%23.2%23.6%23.9%24.2%21.9%23.8%
Other Income 87110151177260248151124107155
Interest 1439192112129164202155145
Depreciation 346347354342336370370391403538
Exceptional Items 7-501-110000-23704
Profit Before Tax 1,7748141,5451,8392,4292,6732,8132,8573,2565,289
Tax 5902505446148227057307398651,356
Profit After Tax 1,1855631,0011,2251,6071,9682,0822,1182,3913,933
PAT Margin (%) 12.0%6.9%11.0%12.2%14.2%15.9%15.6%14.4%14.1%16.1%
Adjusted EPS (₹)12.35.810.412.716.720.421.622.024.840.8
Dividend Payout Ratio (%)51%83%61%68%69%168%93%91%89%79%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSDec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Mar'24

Equity and Liabilities

Shareholders Fund 2,8372,8183,2823,4213,6741,9192,0191,9462,4593,341
Share Capital 96969696969696969696
Reserves 2,7412,7213,1863,3243,5771,8221,9231,8502,3633,244
Minority Interest0000000000
Debt20183335355335343031
Long Term Debt15173335355332272725
Short Term Debt4100003736
Trade Payables7297497999851,2401,4921,5171,7481,9342,238
Others Liabilities 2,2342,5012,6962,9223,1393,7094,3094,4804,5304,913
Total Liabilities 5,8206,0866,8107,3638,0887,1737,8808,2088,95310,523

Fixed Assets

Gross Block5,0095,1173,0953,3583,4853,8653,9985,1195,4746,334
Accumulated Depreciation1,8242,1913537421,0741,5241,8192,1242,4302,843
Net Fixed Assets3,1852,9262,7422,6162,4122,3412,1792,9953,0443,490
CWIP 245231188941051436392463581,742
Investments 8121,3251,7561,9792,6581,7511,464774778464
Inventories8448219409029661,2831,4161,5931,9292,089
Trade Receivables99789889125124165166192300
Cash Equivalents 4465008801,4571,6101,3081,770735946779
Others Assets1892062072252122222471,6991,7071,659
Total Assets 5,8206,0866,8107,3638,0887,1737,8808,2088,95310,523

Cash Flow

(All Figures are in Crores.)
PARTICULARSDec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Mar'24
Cash Flow From Operating Activity 1,6441,0981,4661,8182,0522,2952,4542,2362,7374,175
PBT 1,7748141,5451,8392,4292,6732,8132,8573,2565,289
Adjustment 27729521920892131248279353434
Changes in Working Capital 15333220437541316397-172-30-249
Tax Paid -589-342-503-604-881-673-703-729-841-1,299
Cash Flow From Investing Activity -432-70-126-131-5283-321-1,920-392-1,237
Capex -179-149-113-196-163-152-474-731-541-1,878
Net Investments -109-37-153-112-160-160-1,37925284
Others -143116140177271251153189123357
Cash Flow From Financing Activity -1,635-498-666-997-1,317-3,602-1,956-2,020-2,123-3,135
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -15-3-4-1-4-11-9-9-18-26
Dividend Paid -607-410-564-829-1,090-2,950-1,890-1,928-2,025-3,008
Others -1,012-85-98-167-224-640-57-82-80-101
Net Cash Flow -423529674691683-1,223177-1,704223-198
PARTICULARSDec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Mar'24
Ratios
ROE (%)45.5119.9232.8336.5645.370.39105.76106.84108.52135.61
ROCE (%)55.7628.753.257.0470.9398.67147.88151.64152.61185.43
Asset Turnover Ratio1.681.421.471.441.511.671.831.892.032.58
PAT to CFO Conversion(x)1.391.951.461.481.281.171.181.061.141.06
Working Capital Days
Receivable Days3433344444
Inventory Days28363433293236363729
Payable Days6692889010611411411410583

Nestle India Ltd Stock News

Nestle India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Nestle on 20-Dec-2024 16:59 is ₹2,163.9.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of Nestle stood at ₹2,08,629.2.
The latest P/E ratio of Nestle as of 20-Dec-2024 16:59 is 62.79.
The latest P/B ratio of Nestle as of 20-Dec-2024 16:59 is 52.28.
The 52-week high of Nestle is ₹2,777 and the 52-week low is ₹2,147.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Nestle is ₹19,706 ( Cr.) .

About Nestle India Ltd

NESTLE's relationship with India dates back to 1912, when it began trading as The NESTLÉ Anglo-Swiss Condensed Milk Company (Export) Limited, importing and selling finished products in the Indian market.

After India's independence in 1947, the economic policies of the Indian Government emphasised the need for local production. NESTLÉ responded to India's aspirations by forming a company in India and set up its first factory in 1961 at Moga, Punjab, where the Government wanted NESTLÉ to develop the milk economy. Progress in Moga required the introduction of NESTLE's Agricultural Services to educate, advise and help the farmer in a variety of aspects. From increasing the milk yield of their cows through improved dairy farming methods, to irrigation, scientific crop management practices and helping with the procurement of bank loans.

NESTLE set up milk collection centres that would not only ensure prompt collection and pay fair prices, but also instill amongst the community, a confidence in the dairy business. Progress involved the creation of prosperity on an on-going and sustainable basis that has resulted in not just the transformation of Moga into a prosperous and vibrant milk district today, but a thriving hub of industrial activity, as well.

NESTLE has been a partner in India's growth for over a century and has built a very special relationship of trust and commitment with the people of India. The Company's activities in India have facilitated direct and indirect employment and provides livelihood to about one million people including farmers, suppliers of packaging materials, services and other goods.

The Company continuously focuses its efforts to better understand the changing lifestyles of India and anticipate consumer needs in order to provide Taste, Nutrition, Health and Wellness through its product offerings. The culture of innovation and renovation within the Company and access to the NESTLÉ Group's proprietary technology/Brands expertise and the extensive centralized Research and Development facilities gives it a distinct advantage in these efforts. It helps the Company to create value that can be sustained over the long term by offering consumers a wide variety of high quality, safe food products at affordable prices.

NESTLE India manufactures products of truly international quality under internationally famous brand names such as NESCAFE, MAGGI, MILKYBAR, KIT KAT, BAR-ONE, MILKMAID and NESTEA and in recent years the Company has also introduced products of daily consumption and use such as NESTLE Milk, NESTLE SLIM Milk, NESTLE Dahi and NESTLE Jeera Raita.

NESTLE India is a responsible organisation and facilitates initiatives that help to improve the quality of life in the communities where it operates.

Products of the company

  • Beverages
  • Breakfast Cereals
  • Chocolates and Confectionery
  • Dairy
  • Nutrition
  • Foods
  • Vending and Food Services
  • Imports
  • Exports
  • Nestle Ad Campaigns

Awards and Recognitions

Company received awards at various industry platforms in the area of corporate management, marketing, advertising, digital engagement, packaging, human resource development and corporate social responsibility. Some awards are listed below:

  • Mr. Suresh Narayanan recognized as the Best CEO in the FMCG category by Business Today.
  • Nestle India won ‘Best Overall Excellence in CSR’ at the National CSR Leadership Awards 2019.
  • Three awards won at Nielsen Breakthrough Innovation Awards for NESCAFE Ready-to-Drink (Emerging Play), MAGGI Masalas of India and KIT KAT Strawberry Duo (both Short Term Play).
  • NESCAFE bagged Effie, silver for its campaign ‘Badal Life Ki Raftar’.
  • ‘AskNestle / NINA’ won Gold for Most Innovative Mobile Campaign of the year at MOBEXX Awards 2019.
  • RESOURCE High Protein, won The Global Emerald Award, from the Nestlé Health Science Global Recognition Program.
  • MAGGI won at the 3rd edition of The Advertising Club’s MARQUEES Awards 2019 I the FMCG (Foods) category.
  • Nestle India Supply Chain won Leadership Awards 2019 during 13th ELSC Leadership Conclave in the category of ‘Customer Intimacy & Service Excellence’ Company of the Year.
  • NESCAFE won Gold at The Great Lifestyle Brands Awards.
  • Pantnagar Factory, Ponda Factory and NQAC Lab in the Moga Factory of the Company were awarded by Confederation of Indian Industries for Excellence in Food Safety and Food Testing.
  • Moga Factory of the Company was awarded The Golden Peacock National Quality Awards held at Dubai (UAE).
  • Samalkha Factory of the Company won the first prize in the 6th CII Safety competition 2019 for the Northern region.
  • Ponda Factory of the Company won the ‘Gomant Suraksha Puraskar’ Award.
  • Tahliwal Factory of the Company won Gold Award in the 6th National Awards for Manufacturing Competitiveness.
  • Nestle India ranked joint FIRST in ATNI’s India Spotlight Index 2020
  • Nestle India has launched a virtual internship programme ‘Nesternship’. The programme addresses applications from Graduates in the Final Year of any discipline and Post-Graduates and will focus on upskillinag and enabling the interns to thrive in workplaces, that they join, at a later date.

Milestones

  • 2015- Welcome Back MAGGI NoodlesHappy Deepawali
  • 2015- 100% of the samples sent from newly manufactured stocks tested by three laboratories have been cleared 
  • 2015- MAGGI Noodles are safe 100% of samples tested by 3 laboratories are clear
  • 2015- Nestlé India launches new KIT KAT SENSES Ad Film
  • 2015- No order to recall MAGGI Noodles being sold
  • 2016- Nestle India Launches NESCAFE Ready-to-Drink 
  • 2016- Nestle India launches NESTLE a+ PRO-GROW containing 20% higher milk protein
  • 2016- Nestle India delights consumers with new variants of MAGGI Noodles
  • 2016- Nestle India continues with its innovations, launches NESCAFE SUNRISE INSTA-FILTER.
  • 2016- MAGGI Noodles gains further, leads category with more than 50% market share MAGGI Vegetable Atta Noodles and MAGGI Oats Noodles re-launched.
  • 2017- Nestle India launches KIT KAT Dessert Delight - a unique premium innovation
  • 2017- Nestle India introduces the new MAGGI NUTRI-LICIOUS Noodles range 
  • 2017- Nestle India, Government of Rajasthan and NASVI join hands to raise awareness on Food Safety Practices and Hygiene among Street Food Vendors in Jaipur.
  • 2017- MAGGI launches Iron Fortified Noodles as part of ‘Simply Good’ commitment 
  • 2017- Nestlé India extends its popular NESTLE a+ GREKYO range with the launch of Blueberry Greek Yoghurt and Greek Style Curd
  • 2017- Nestle India launches exciting new range of Noodles - MAGGI Masalas of India
  • 2017- MILO launches new ad campaign: MILO - GROW WITH SPORTS 
  • 2017- Nestle India ties up with the Department of Medical and Health, Government of Rajasthan to offer access to clean drinking water.
  • 2018- Introducing Nestle EVERYDAY Chai Life
  • 2018- Nestle India Forays Into Dips Segment With The Launch Of MAGGI Dip & Spread
  • 2018- Nestle India Introduces NESPLUS - An Exciting New Range Of Breakfast Cereals 
  • 2018- Nestle India Introduces Breakfast Cereals
  • 2018- The Food and Drug Administration of Gujarat launch Project ‘Serve Safe Food’ in Ahmedabad in collaboration with Nestlé India and NASVI
  • 2018- Government of Madhya Pradesh, National Association of Street Vendors of India (NASVI) and Nestle India launch Project ‘Serve Safe Food’ in Bhopal and Indore
  • 2018- Nestle MUNCH gets a whole lot Crunchier and Nuttier
  • 2018- MAGGI Turns 35 - Rolls out new thinking under ‘Kuch Achha Pak Raha Hai’
  • 2018- This Valentine’s Day, take a romantic break with Nestlé KITKAT Strawberry Duo 
  • 2019- Launch of world’s no. 1 cocoa-malt beverage - MILO in India 
  • 2019- MAGGI Fusian Noodles Records Overwhelming Sales on Amazon Prime Days
  • 2019- Nestle India Introduces MAGGI Fusian Noodles range - A thrilling Asian feast
  • 2020- Nestle India Launches ‘MAGGI -Desh Ke Liye 2 Minute - Ek Chhoti Si Koshish’.
  • 2020- Nestle India reaches out to Youth-launches 1000 ‘Nesternship’ opportunities for young professionals.
  • 2020- Nestle India Extends Its Commitment To India’s Fight Against COVID-19 .
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.