Asia300

Nestlé India Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Mar 23, 2017
Prev close: 6,321.9
Mar 23, 2017
Market cap:
Market cap(USD):
609,530.5M
9,299.41M
Shares: 96.41M

Currency in INR

Company profile

Market(Ticker): BOM(500790)
Sector:
Industry:
Consumer Non-Durables
Food: Major Diversified
Full time employees: --

Business summary

Nestlé India Ltd. is engaged in the manufacture and sale of various food products. It provides milk and nutrition products, beverages, prepared dishes and cooking aids, chocolates and confectionery products, and vending and food services. The company offers its product portfolio under brand names such as Nescafe, Maggi, Milky Bar, Kit Kat, Bar-one, Milkmaid, and Nestea. Nestlé India was founded on March 28, 1959 and is headquartered in Gurgaon, India.

Company background

Nestle India is a subsidiary of the world's largest food and beverage company, Swiss-based Nestle. The parent company, together with holding company Maggi Enterprises, holds an approximately 63% stake in Nestle India, which has eight factories and four branch offices. In the milk products and nutrition segment, Nestle India contributes nearly 50% of domestic sales.

Suresh Narayanan, who joined the company in 1999, is Nestle India's chairman and managing director since August 2015. A post graduate in economics, he has over 30 years of experience in the consumer goods industry. Before replacing Etienne Benet as managing director in India at the height of Maggi noodle crisis, Narayanan was chairman and CEO of Nestle Philippines. Prior to Nestle, he had stints in Hindustan Unilever and Colgate Palmolive.

Nestle's association with India goes back to 1912, when it began trading as the Nestle Anglo-Swiss Condensed Milk (Export), importing and selling finished products in the Indian market. After India's independence from British rule in 1947, the country's new economic policies stressed local production, leading to Nestle forming a company in India and setting up its first factory at Moga in the northern state of Punjab in 1961 to develop the nation's milk infrastructure. The company's activities in India provide livelihoods for about 1 million people, including farmers and suppliers of packaging materials.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 91,592.8M
Gross profit 38,526.1M
Operating income 14,735.8M
Income before tax 14,415.4M
Net income 9,265.4M
EBITDA 18,272M
Diluted EPS 96.1
Dividends per share 63
Total assets 68,059.7M
Total liabilities 37,922.7M
Total equity 30,137M
Operating cash flow --

Currency in INR

Revenue 1,363.13M
Gross profit 573.36M
Operating income 219.30M
Income before tax 214.53M
Net income 137.89M
EBITDA 271.93M
Diluted EPS 1.43
Dividends per share 0.93
Total assets 1,002.79M
Total liabilities 558.75M
Total equity 444.04M
Operating cash flow --

Currency in USD

Valuation measures

Dec 2016

PER 62.74
ROA 14.25%
ROE 31.78%
Operating margin 16.08%
Profit margin 10.11%

Key executive

  • Chairman & Managing Director: Suresh Narayanan
  • CFO, Executive Director & Control Director: Shobinder Duggal
  • Executive Director & Technical Director: Aristides Protonotarios
  • Senior Vice President-Corporate Affairs: Sanjay Khajuria
  • Chairman-Research & Development India: Shivani Hegde

Share holders

  • Nestle SA(62.7%)
  • Life Insurance Corp. of India(3.0%)
  • Arisaig Partners (Asia) Pte Ltd.(2.1%)
  • Aberdeen Asset Management (Asia) Ltd.(1.5%)
  • SBI Funds Management Pvt Ltd.(0.9%)
  • The Vanguard Group, Inc.(0.7%)
  • Franklin Advisers, Inc.(0.6%)
  • BlackRock Fund Advisors(0.5%)
  • Axis Asset Management Co. Ltd.(0.5%)
  • PineBridge Investments Asia Ltd.(0.2%)

Address

  • Website: http://www.nestle.in
  • Address: Nestlé House, Jacaranda Marg, M Block, Gurgaon, 122002, India
  • Phone: +91.124.2389300

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