Asia300

Nestlé India Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Aug 22, 2017
Prev close: 6,618.7
Aug 22, 2017
Market cap:
Market cap(USD):
638,146.68M
9,950.63M
Shares: 96.41M

Currency in INR

Company profile

Market(Ticker): BOM(500790)
Sector:
Industry:
Consumer Non-Durables
Food: Major Diversified
Full time employees: 7,588

Business summary

Nestlé India Ltd. engages in the manufacture and sale of various food products. It offers milk product, nutrition, beverages, prepared dishes and cooking aids, chocolates, and confectionery. It operates through the EveryDay, Nestea, Nescafe, Maggi, Kitkat, and Milkybar brands. The company 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 91,772.8M
Gross profit 34,335.1M
Operating income 15,292.9M
Income before tax 14,415.4M
Net income 9,265.4M
EBITDA 18,829.1M
Diluted EPS 96.1
Dividends per share 63
Total assets 69,439.2M
Total liabilities 39,302.2M
Total equity 30,118.5M
Operating cash flow 16,001.5M

Currency in INR

Revenue 1,365.81M
Gross profit 510.99M
Operating income 227.59M
Income before tax 214.53M
Net income 137.89M
EBITDA 280.22M
Diluted EPS 1.43
Dividends per share 0.93
Total assets 1,023.12M
Total liabilities 579.08M
Total equity 443.76M
Operating cash flow 238.14M

Currency in USD

Valuation measures

Dec 2016

PER 62.74
ROA 14.10%
ROE 31.79%
Operating margin 16.66%
Profit margin 10.09%

Key executive

  • Chairman & Managing Director: Suresh Narayanan
  • CFO, Executive Director & Director-Control: Shobinder Duggal
  • Director & Director-Technical: Martin Roemkens
  • Secretary, SVP-Legal & Compliance Officer: Balasubramaniam Murli
  • Senior Vice President-Corporate Affairs: Sanjay Khajuria

Share holders

  • Nestle SA(62.7%)
  • Life Insurance Corp. of India(4.0%)
  • Arisaig Partners (Asia) Pte Ltd.(2.1%)
  • Aberdeen Asset Management (Asia) Ltd.(1.3%)
  • SBI Funds Management Pvt Ltd.(0.8%)
  • The Vanguard Group, Inc.(0.8%)
  • BlackRock Fund Advisors(0.7%)
  • Franklin Advisers, Inc.(0.4%)
  • First State Investments (Singapore)(0.3%)
  • Axis Asset Management Co. Ltd.(0.3%)

Address

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

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