Nestle India Ltd. (NESTLEIND) AI Stock Analysis

• Market Cap: ₹2.24T
• Dividend Yield: 1.04%
• Average Volume (3M): 62.04K
• Price to Earnings (P/E): 72.2
• Beta (1Y): 0.71
• Revenue Growth: 3.88%
• EPS Growth: -4.22%
• Country: IN
• Employees: 8,736
• Sector: Consumer Defensive
• Sector Strength: 47
• Industry: Packaged Foods
• EPS (TTM): 3.42
• Shares Outstanding: 1,928,314,300
• 10 Day Avg. Volume: 42,929
• 30 Day Avg. Volume: 62,037
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹2,216.17
• Price Target Upside: 90.67% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 12

• Rating: 66 Neutral
• Price Target: ₹1,236.00 ▲(6.34% Upside)

Nestle India Ltd. demonstrates strong financial performance with consistent revenue growth and profitability, which is the most significant factor in its score. However, technical indicators suggest potential bearish momentum, and the stock appears overvalued based on its high P/E ratio. These factors contribute to a moderate overall stock score.

Nestle India Ltd. Business Overview & Revenue Model

Company Description

Nestle India Ltd. (NESTLEIND) is a subsidiary of the Swiss multinational company Nestlé S.A., operating in the fast-moving consumer goods (FMCG) sector. The company is a leading player in the food and beverage industry in India, offering a wide range of products across categories such as dairy, culinary products, beverages, chocolates, and confectionery. Some of its well-known brands include Maggi, Nescafé, KitKat, and Lactogen. Nestle India has a strong presence across the country with multiple manufacturing facilities and a robust distribution network.

How the Company Makes Money

Nestle India Ltd. generates revenue primarily through the sale of its diverse range of food and beverage products. The company's key revenue streams include sales from its powdered and liquid beverages segment, which features popular products like Nescafé coffee. The dairy and nutrition segment, which includes milk products and infant nutrition items, is another significant contributor. Additionally, prepared dishes and cooking aids, represented by the Maggi brand, as well as chocolates and confectionery products like KitKat and Munch, also drive substantial sales. Nestle India's revenue model is supported by its strong brand portfolio, extensive distribution network, and strategic marketing initiatives. Partnerships with retailers and engagement in direct-to-consumer sales channels further enhance its earnings potential.

Nestle India Ltd. Financial Statement Overview

Summary

Nestle India Ltd. showcases a robust financial performance with consistent revenue growth, strong profitability, and a solid balance sheet. While cash flow generation shows some weaknesses, the company's low leverage and high return on equity provide a stable financial foundation.

Income Statement

Nestle India Ltd. demonstrates strong revenue growth with a steady increase over the years, culminating in a revenue growth rate of 2.91% from 2024 to 2025. The company maintains robust profitability with a gross margin of 56.42% and a net profit margin of 15.98% for 2025. EBIT and EBITDA margins are solid, indicating efficient operations. However, the slight decline in EBIT from 2024 to 2025 suggests potential cost pressures.

Balance Sheet

The company has a healthy balance sheet with a moderate debt-to-equity ratio of 0.29, showcasing low leverage. A return on equity of 79.98% reflects high efficiency in generating profits from shareholders' equity. The equity ratio of 32.89% indicates a solid equity base, although a higher ratio would provide more stability against liabilities.

Cash Flow

Free cash flow decreased significantly from 2024 to 2025, impacting the growth rate negatively. However, the operating cash flow to net income ratio of 0.92 signifies good cash generation relative to net income. The free cash flow to net income ratio of 0.29 indicates room for improvement in converting earnings into free cash.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	200.98B	200.78B	195.10B	167.90B	146.34B	132.90B
Gross Profit	107.31B	113.28B	79.33B	90.40B	81.79B	75.13B
EBITDA	49.96B	50.16B	45.55B	38.43B	37.09B	33.42B
Net Income	32.08B	32.08B	31.96B	23.91B	21.18B	20.82B
Balance Sheet
Total Assets	121.93B	121.93B	105.23B	89.79B	82.10B	79.00B
Cash, Cash Equivalents and Short-Term Investments	1.20B	1.20B	7.99B	12.21B	8.19B	24.79B
Total Debt	11.67B	11.67B	2.87B	2.71B	2.66B	1.47B
Total Liabilities	81.83B	81.83B	71.82B	65.20B	61.25B	58.80B
Stockholders Equity	40.10B	40.10B	33.41B	24.59B	20.84B	20.19B
Cash Flow
Free Cash Flow	0.00	9.28B	18.34B	21.88B	15.37B	19.76B
Operating Cash Flow	0.00	29.36B	33.40B	27.37B	22.71B	24.54B
Investing Cash Flow	0.00	-18.11B	-9.90B	-3.92B	-19.57B	-3.21B
Financing Cash Flow	0.00	-18.48B	-25.08B	-21.23B	-20.19B	-19.56B

Nestle India Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1162.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NESTLEIND, the sentiment is Positive. The current price of 1162.3 is above the 20-day moving average (MA) of 1134.04, below the 50-day MA of 1170.16, and above the 200-day MA of 1139.52, indicating a neutral trend. The MACD of -0.63 indicates Negative momentum. The RSI at 52.82 is Neutral, neither overbought nor oversold. The STOCH value of 69.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:NESTLEIND.

Nestle India Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MARICO	69 Neutral	₹933.38B	55.79		1.47%	16.58%	9.72%
DABUR	68 Neutral	₹927.11B	52.01		1.56%	-0.03%	-5.22%
NESTLEIND	66 Neutral	₹2.24T	72.22		1.04%	3.88%	-4.22%
BRITANNIA	66 Neutral	₹1.39T	63.29		1.31%	7.68%	0.27%
GODREJCP	63 Neutral	₹1.29T	69.46		1.59%	5.12%	―
Sector *	63 Neutral	$20.42B	14.38	-3.63%	3.17%	2.07%	-6.17%
UNITDSPR	61 Neutral	₹947.48B	61.09		0.62%	8.02%	6.96%

Nestle India Ltd. Corporate Events

Nestlé India Announces Leadership Change with Retirement of Chairman

Nestlé India Limited announced the retirement of Mr. Suresh Narayanan as Chairman and Managing Director, effective 31st July 2025, after a distinguished 26-year career with the company. This leadership change marks a significant transition for Nestlé India, potentially impacting its strategic direction and stakeholder relations.