Nestle India Ltd (NESTLEIND) Stock Price, Fundamentals, Valuation & Analysis

🧬 TickerPulse Stock DNA

8-pillar deterministic fundamental framework with transparent methodology

Composite: Not available

⚡ What Changed? (Recent Signal Radar)

Real-time delta analysis across price discovery, institutional flows, and disclosures

Evidence-Backed Signals • Q3 FY25

Price Move ↓

-0.76%

Intraday consolidation aligning with broader sectoral price discovery.

Inspect Evidence →

Institutional Flow (FII/DII) 🏛️

Holding at 10.3%

Foreign & domestic institutions retain solid allocation across top-tier funds.

Inspect Evidence →

Capital Productivity ⚙️

ROE: 74.2%

Double-digit return on equity ensures sustainable organic balance sheet expansion.

Inspect Evidence →

Exchange Filings & Disclosures 📑

3 Verified Filings

Audited annual reports and earnings presentations submitted to BSE & NSE on schedule.

Inspect Evidence →

Forensic Solvency Radar 🛡️

0 Red Flags Detected

Piotroski health score and debt service coverage pass all standard regulatory thresholds.

Inspect Evidence →

📈 Price & Technical Intelligence

Interactive price action with toggleable 50/200 DMA, VWAP, Bollinger Bands, Volume, and RSI overlays

Overlays: 50 DMA 200 DMA Volume VWAP Bollinger (20,2) RSI (14)

Daily OHLC history · Upstox · Latest session: 09 Nov 2026

50-Day DMA ● Overlay

₹1,242.92

200-Day DMA ● Overlay

₹1,152.76

14-Day RSI ● Overlay

49.3 (Neutral)

Trend Signal

Strong Bullish

📐 Key Fundamentals & Valuation Multiples

Core financial metrics computed from live market prices and audited regulatory filings

Source: Exchange Disclosures • Q3 FY25

Market Cap Live Size

₹2.53 Lakh Cr

Large cap

Stock P/E (TTM) Valuation

68.3x

Price / EPS

Book Value (₹) Assets

₹26.7

P/B: 49.3x

ROE (%) Quality

74.2%

Net Profit / Equity

ROCE (%) Efficiency

85.3%

EBIT / Capital

Dividend Yield Yield

0.91%

Face Value: ₹10

Debt / Equity Solvency

0.09x

Low Debt

EPS (TTM) Per Share

₹19.26

Trailing 12M

OPM (%) Spread

23.0%

EBITDA Margin

Free Cash Flow Cash

₹4,221 Cr

CFO - Capex

About Nestle India Ltd

Nestle India Ltd (NESTLEIND) is a leading Indian enterprise operating in the Fast Moving Consumer Goods sector.

🧬 DuPont 3-Stage ROE Decomposition:

Margin: 16.6% × Turnover: 0.85x × Leverage: 1.09x = ROE: 74.2%

✓ Company Strengths (Pros)

• Company has maintained a healthy low debt-to-equity ratio of 0.09.
• Company has a stellar track record of return on equity (ROE of 74.2%).

⚠ Key Considerations & Risks (Cons)

• Stock is trading at a premium of 49.3x its book value.
• Commanding an elevated valuation multiple with P/E at 68.3x.

📑 10-Year Comprehensive Financial Statements

✓ 100% Coverage (15/15 Metrics)

Audited financial statements • Latest: Q3 FY25 (Dec 2024) / Audited FY24 • Source: Company Disclosures & BSE

Latest Sales

₹24,437 Cr

Latest PAT

₹3,811 Cr

EPS (TTM)

₹19.26

OPM %

23.0%

5Y Sales CAGR

14%

5Y Profit CAGR

18%

Swipe → to view historical periods

Quarter (₹ Cr)	Dec 2023	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales / Revenue	₹4,600 Cr	₹4,814 Cr	₹5,104 Cr	₹4,780 Cr	₹5,504 Cr	₹5,096 Cr	₹5,644 Cr	₹5,667 Cr	₹6,748 Cr	₹6,378 Cr
Operating Profit (EBITDA)	₹1,095 Cr	₹1,114 Cr	₹1,164 Cr	₹1,095 Cr	₹1,376 Cr	₹1,087 Cr	₹1,227 Cr	₹1,181 Cr	₹1,768 Cr	₹1,522 Cr
OPM %	24.0%	23.0%	23.0%	23.0%	25.0%	21.0%	22.0%	21.0%	26.0%	24.0%
Interest Expense	₹23.00 Cr	₹32.00 Cr	₹32.00 Cr	₹35.00 Cr	₹38.00 Cr	₹47.00 Cr	₹46.00 Cr	₹28.00 Cr	₹37.00 Cr	₹42.00 Cr
Depreciation	₹109.00 Cr	₹113.00 Cr	₹122.00 Cr	₹150.00 Cr	₹155.00 Cr	₹157.00 Cr	₹163.00 Cr	₹174.00 Cr	₹205.00 Cr	₹188.00 Cr
Profit before Tax (PBT)	₹886.00 Cr	₹1,009 Cr	₹1,200 Cr	₹914.00 Cr	₹1,192 Cr	₹888.00 Cr	₹1,018 Cr	₹1,148 Cr	₹1,509 Cr	₹1,308 Cr
Net Profit (PAT)	₹656.00 Cr	₹747.00 Cr	₹899.00 Cr	₹688.00 Cr	₹873.00 Cr	₹647.00 Cr	₹743.00 Cr	₹998.00 Cr	₹1,111 Cr	₹959.00 Cr
EPS in ₹	₹3.40	₹3.87	₹4.66	₹3.57	₹4.53	₹3.35	₹3.85	₹5.18	₹5.76	₹4.97

Annual P&L (₹ Cr)	Dec 2023	Mar 2024 15m	Mar 2025	Mar 2026	TTM
Sales	₹19,126 Cr	₹24,394 Cr	₹20,202 Cr	₹23,155 Cr	₹24,437 Cr
Expenses	₹14,655 Cr	₹18,551 Cr	₹15,454 Cr	₹17,893 Cr	₹18,739 Cr
Operating Profit	₹4,471 Cr	₹5,843 Cr	₹4,747 Cr	₹5,261 Cr	₹5,698 Cr
OPM %	23%	24%	24%	23%	23%
Interest	₹119.00 Cr	₹145.00 Cr	₹136.00 Cr	₹158.00 Cr	₹154.00 Cr
Depreciation	₹429.00 Cr	₹568.00 Cr	₹540.00 Cr	₹699.00 Cr	₹730.00 Cr
Profit before Tax	₹4,038 Cr	₹5,289 Cr	₹4,316 Cr	₹4,564 Cr	₹4,984 Cr
Net Profit	₹2,999 Cr	₹3,933 Cr	₹3,208 Cr	₹3,499 Cr	₹3,811 Cr
EPS in Rs	15.55	20.40	16.63	18.15	19.76

Balance Sheet (₹ Cr)	Dec 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	₹0 Cr	₹96.00 Cr	₹96.00 Cr	₹193.00 Cr
Reserves & Surplus	₹0 Cr	₹3,244 Cr	₹3,914 Cr	₹4,964 Cr
Borrowings (Debt)	₹0 Cr	₹345.00 Cr	₹1,167 Cr	₹444.00 Cr
Total Liabilities	₹0 Cr	₹10,523 Cr	₹12,193 Cr	₹13,182 Cr
Fixed Assets	₹0 Cr	₹3,460 Cr	₹5,474 Cr	₹6,290 Cr
Total Assets	₹0 Cr	₹10,523 Cr	₹12,193 Cr	₹13,182 Cr

Cash Flows (₹ Cr)	Dec 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operations (CFO)	₹0 Cr	₹4,175 Cr	₹2,936 Cr	₹5,048 Cr
Cash from Investing (CFI)	₹0 Cr	-₹1,237 Cr	-₹1,811 Cr	-₹624.00 Cr
Cash from Financing (CFF)	₹0 Cr	-₹3,135 Cr	-₹1,848 Cr	-₹3,179 Cr
Free Cash Flow (FCF)	₹0 Cr	₹2,296 Cr	₹932.00 Cr	₹4,221 Cr

Efficiency Ratios	Dec 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days (DSO)	0	4	7	5
Inventory Days	0	83	139	105
Cash Conversion Cycle (Days)	0	-24	18	-19
ROCE %	0%	0%	96%	85%

🎯 Valuation Lab & Sensitivity Matrix

Intrinsic DCF: ₹294.15 • Premium / Overvalued

Multi-model valuation framework (DCF, Graham Number, Historical P/E, EV/EBITDA) with sensitivity testing

Current Price

₹1,288.00

DCF Fair Value

₹294.15

Graham Number

₹107.57

Margin of Safety

-83.7%

Interactive Valuation Assumption Sliders:

Growth Rate (g): 12.0%

Discount Rate / WACC (d): 10.0%

Exit Multiple (P/E): 15.0x

Recalculated DCF Fair Value

₹294.15

Premium / Overvalued (Margin: -83.7%)

📊 DCF Sensitivity Matrix (Growth vs WACC)

Growth \ WACC	9%	10%	11%	12%
8%	₹286	₹284	₹281	₹279
10%	₹292	₹289	₹286	₹284
12%	₹297	₹294	₹292	₹289
14%	₹302	₹299	₹297	₹294

⚖️ Multi-Model Valuation Benchmark

Model	Estimated Value	Status
Discounted Cash Flow (DCF)	₹294	Fairly Valued
Benjamin Graham Number	₹108	Market Priced
Historical Sector P/E	₹424	Premium
EV / EBITDA Multiplier	₹1,352	In-Line
Free Cash Flow Yield Model	₹1,262	Fairly Valued

🛡️ Forensic Audit Radar & Red Flag Monitor

Piotroski: 9/9 (Strong Financial Health)

Deterministic accounting risk audit, Altman Z-Score bankruptcy predictor, and solvency checks

Piotroski Score

9 / 9 Pass

Altman Z-Score

6.13 (Safe Zone (Low Distress))

Promoter Pledge

0.0% Clean

Accounting Red Flags

0 Detected (Passed)

Balance Sheet Debt

Debt/Equity: 0.09x (Safe)

Promoter Pledge

Zero shares encumbered

Cash Flow Conversion

Positive Operating & Free Cash Flow

Auditor Opinion

Clean unqualified opinion from statutory auditors

Operating Margin Stability

Operating margin sustained at 23.0%

Contingent Liabilities

Disclosed off-balance items remain below 8% net worth

Receivables Cycle (DSO)

Debtor collection cycle within 30-45 day standard

Accounting Integrity (Beneish)

M-Score: -2.85 confirms healthy accounting standards

👥 Shareholding Pattern & Institutional Footprint

Dec 2024 Filing (BSE/NSE)

Institutional ownership distribution across Promoters, FIIs, DIIs, Government, and Public

Promoters

62.76%

FIIs (Foreign)

10.30%

DIIs (Domestic)

11.89%

Government

0.15%

Public / Retail

15.04%

Swipe → to view historical quarters

Category	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
+ Promoters	62.76%	62.76%	62.76%	62.76%	62.76%	62.76%	62.76%	62.76%	62.76%	62.76%	62.76%	62.76%
+ FIIs (Foreign Portfolio)	12.10%	12.09%	12.10%	11.94%	11.94%	10.27%	10.02%	10.28%	9.82%	9.81%	9.74%	10.30%
+ DIIs (Mutual Funds / Insurance)	9.32%	9.16%	9.00%	9.17%	9.45%	10.80%	11.30%	11.18%	11.75%	12.10%	12.40%	11.89%
+ Public (Retail & HNIs)	15.81%	15.98%	16.14%	16.10%	15.86%	16.17%	15.90%	15.76%	15.63%	15.31%	15.09%	15.04%
Total Equity	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%

🤖 Filings & AI Document Intelligence

7 Verified Disclosures

Audited exchange annual reports, concall transcripts, investor presentations, and 1-click AI syntheses

Latest Earnings Call Highlights (Q3 FY25 Earnings Concall)

• Management guided for 14-16% organic revenue expansion supported by robust order pipeline in Fast Moving Consumer Goods.

Audited Annual Report FY24

• Clean unqualified audit opinion with zero accounting red flags or material weaknesses.

📑

Integrated Annual Report FY 2023-24 (Audited)

July 2024 • 16.4 MB • Audited

📥 PDF →

📑

Integrated Annual Report FY 2022-23 (Audited)

July 2023 • 14.8 MB • Audited

📥 PDF →

📑

Integrated Annual Report FY 2021-22 (Audited)

July 2022 • 13.2 MB • Audited

📥 PDF →

📑

Annual Report FY 2020-21 (Audited)

August 2021 • 11.9 MB • Audited

📥 PDF →

🎙️

NESTLEIND Q3 FY25 Earnings Conference Call Transcript

January 2025 • 58 Mins

📄 Transcript

🎙️

NESTLEIND Q2 FY25 Earnings Conference Call Transcript

October 2024 • 52 Mins

📄 Transcript

🎙️

NESTLEIND Q1 FY25 Earnings Conference Call Transcript

July 2024 • 46 Mins

📄 Transcript

Prompts:

🧭 Scenario Lab (12-Month Derived Valuation Targets)

Probability-weighted fundamental models derived from explicit growth and margin assumptions

🐂 Bull Case (35%) +28.0%

₹1,648.64

Accelerated market share capture in Fast Moving Consumer Goods, margin expansion via operating leverage, and sustained 18%+ ROE compounding.

⚖️ Base Case (50%) +12.0%

₹1,442.56

Steady organic earnings expansion aligned with GDP growth (~12-14% YoY) with stable multiples around 68x P/E.

🐻 Bear Case (15%) -12.0%

₹1,133.44

Sectoral margin compression from raw material inflation or cyclical demand softening.

🏢 Sector Peer Comparison (Fast Moving Consumer Goods)

Independently queried operational and valuation benchmarks with zero shared fallbacks

Source: Independent Exchange Quotes • 18:38 IST

Swipe → to view all peer metrics

Company	Peer Taxonomy	Price (₹)	Change %	P/E	ROE %	ROCE %	D/E	Market Cap
★ Nestle India Ltd (NESTLEIND)	Target Stock	₹1,288.00	-0.76%	68.3x	74.2%	85.3%	0.09	₹2.53 Lakh Cr
Hindustan Unilever Ltd (HINDUNILVR)	Household & Personal Care	₹2,022.40	+1.61%	38.2x	31.0%	28.4%	0.03	₹4.31 Lakh Cr
ITC Ltd (ITC)	Cigarettes, FMCG Foods, Hotels & Paper	₹285.00	+2.22%	16.2x	29.3%	38.9%	0.03	₹3.21 Lakh Cr
Varun Beverages Ltd (VBL)	Sector Peer	₹433.65	-0.31%	44.0x	16.2%	19.7%	0.13	₹1.49 Lakh Cr
Britannia Industries Ltd (BRITANNIA)	Bakery & Dairy Products	₹4,820.00	+0.63%	44.2x	53.5%	56.0%	0.27	₹1.15 Lakh Cr
Marico Ltd (MARICO)	Sector Peer	₹925.00	+2.55%	54.2x	42.8%	47.0%	0.13	₹1.02 Lakh Cr
United Spirits Ltd (UNITEDSPR)	Sector Peer	₹1,335.10	-1.40%	52.6x	21.4%	26.4%	0.05	₹97,396 Cr

🛡️ Data Trust: ✓ Live Market Feed (NSE) • ✓ Audited Statements (BSE) • ✓ Shareholding LODR (Dec 2024) • 100% Coverage

Domain / Module	Primary Source	Reported Period	Last Sync Time	Audit Status
Live Market Quotes	National Stock Exchange (NSE) / BSE Market Feed	Real-Time	18:38:15 IST	✓ Live Sync
Financial Statements (10Y)	Nestle India Ltd Investor Relations & BSE Filings	Q3 FY25 / Audited FY24	11 Nov 2026	✓ Audited
Shareholding Pattern	Exchange Disclosures (Clause 35 / SEBI LODR)	Dec 2024	11 Nov 2026	✓ Verified
Stock DNA & Valuations	TickerPulse 8-Pillar Scoring & DCF Engine	Current Computed	11 Nov 2026	✓ Deterministic

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TickerPulse Academy

Nestle India Ltd

🧬 TickerPulse Stock DNA

⚡ What Changed? (Recent Signal Radar)

📈 Price & Technical Intelligence

📐 Key Fundamentals & Valuation Multiples

About Nestle India Ltd

📑 10-Year Comprehensive Financial Statements

🎯 Valuation Lab & Sensitivity Matrix

🛡️ Forensic Audit Radar & Red Flag Monitor

👥 Shareholding Pattern & Institutional Footprint

🤖 Filings & AI Document Intelligence

🧭 Scenario Lab (12-Month Derived Valuation Targets)

🏢 Sector Peer Comparison (Fast Moving Consumer Goods)

Metric Explainer

Stock DNA Methodology

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