Nestle India

AHold

NESTLEIND · NSE · Mega Cap · FMCG Supplier

FMCG Supplier

Fetching live…

₹2,280

1D 0.0%1M -0.5%1Y -8%

Fundamental (RQ-100)

Technical (TQ-100)

Valuation

Market cap

₹2.20L Cr

Live decision ratingASell / Avoid

Fundamental score breakdown

84/100

Growth Quality

9.0 / 20

Rev 1Y 6.0%, 3Y CAGR 10.0%, 5Y CAGR 9.0%

Margin & Profitability

13.4 / 15

EBITDA 24.0%, PAT 16.0%

Return on Capital

20.0 / 20

ROCE 90.0%, ROE 100.0%

Cash Flow Quality

15.0 / 15

OCF/EBITDA 0.95

Leverage

10.0 / 10

ND/EBITDA -0.50

Reinvestment

6.0 / 8

Capex/Sales 4.0%

Accounting

7.0 / 7

Governance

4.0 / 5

Technical score breakdown

40/100

Trend Structure

8.0 / 20

↓ 200 · ↓ 50 · ↓ 20

Momentum

5.0 / 15

1Y -8.0%, 1M -0.5%

Volume Dynamics

8.0 / 15

Vol30 —%

Relative Strength

4.0 / 15

1Y -8.0%

MA Cluster

5.0 / 10

Extension

5.0 / 10

—% from 50DMA

Volatility

4.0 / 8

Price Action

1.0 / 7

-100.0% from 52W H

Business

What this company actually does

Maggi, Nescafé, Kit Kat, Cerelac. Strong premiumisation runway.

Stores

—

Dark stores

—

Cities

—

Listed status

Listed

Format exposure

How direct is this play?

Primary formatFMCG Supplier

Exposure typeMeaningful

Revenue visibilityHigh

Operating leverage stageMaturity

Policy beneficiaryNone

Data confidenceMedium

Financial snapshot

Live · green dot = live, falls back to curated

Revenue

₹24.5K Cr

Rev 1Y growth

Rev 3Y CAGR

10%

EBITDA margin

24.0%

PAT margin

16.0%

ROE

100%

ROCE

90%

OCF/EBITDA

0.95

Net Debt/EBITDA

-0.5

Financial statements

Multi-year P&L, balance sheet, cash flow — scraped live from Screener.in

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Valuation

Live multiples + retail-specific (curated)

P/E

Forward P/E

EV/EBITDA

EV/Sales

11.0

P/B

60.0

FCF Yield

1.2%

Mid-range valuation. Watch incremental ROCE.

Investment thesis

AI-generated · always cite sources before acting

Bull

Best-in-class 90% ROCE with 0.95 OCF conversion. Long-runway TAM with structural tailwinds.

Base

Earnings growth of ~11% over the next 3 years assuming margins hold. Multiple compression risk if growth slows; multiple expansion possible if FMCG Supplier GMV outperforms.

Bear

Premium multiple has no margin for error. Format-level risk: regulation, gig-cess, or competitive pressure compress contribution margin.

Variant perception

Consensus views Nestle India as a quality compounder. Our differentiated take: the cyclical pessimism in FMCG Supplier has overshot the long-term cash-flow potential.

Key monitorables

Quarterly EBITDA margin trajectory
Revenue growth vs management guidance
Capex vs store/dark-store adds
Promoter holding and ESOP dilution

Peers

Same primary format · sorted by market cap