Valuation Nestlé India Limited

Equities

Market Closed - Bombay S.E. Other stock markets 14:00:46 10/03/2026 +04			5-day change	1st Jan Change
1,241.60 ^INR	+0.44%		-0.24%	-3.60%

02-03	India's Stocks Jump on Tuesday After India-US Trade Pact Spurs Risk Appetite	MT
02-02	Jefferies Adjusts Nestlé India's Price Target to INR1,300 From INR1,250, Keeps at Hold	MT

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	1,655,482	1,675,397	1,898,604	2,529,273	2,170,366	2,383,782	-	-
Change	-	1.2%	13.32%	33.22%	-14.19%	9.83%	-	-
Enterprise Value (EV) ¹	1,648,468	1,666,241	1,890,170	2,524,530	2,181,078	2,376,094	2,366,352	2,355,525
Change	-	1.08%	13.44%	33.56%	-13.6%	8.94%	-0.41%	-0.46%
P/E ratio	77.2x	70.1x	63.3x	64.3x	65.5x	72.2x	62.7x	54.5x
PBR	79.4x	68.1x	61.4x	75.7x	54.1x	51x	45x	39.5x
PEG	-	6.1x	2.5x	2.1x	-4.2x	-160.21x	4.1x	3.6x
Capitalization / Revenue	11.3x	9.92x	9.93x	10.4x	10.7x	10.5x	9.47x	8.54x
EV / Revenue	11.3x	9.86x	9.88x	10.3x	10.8x	10.5x	9.4x	8.44x
EV / EBITDA	45.9x	44.5x	42.3x	43.4x	45.7x	46.8x	40x	35.1x
EV / EBIT	51.5x	49.9x	46.8x	47.8x	51.5x	53.9x	45.5x	39.6x
EV / FCF	107x	76.2x	93.5x	110x	235x	67.3x	60x	51.9x
FCF Yield	0.93%	1.31%	1.07%	0.91%	0.43%	1.49%	1.67%	1.93%
Dividend per Share ²	10	11	-	16.1	13.5	14.01	16.32	18.51
Rate of return	1.16%	1.27%	-	1.23%	1.2%	1.13%	1.32%	1.5%
EPS ²	11.12	12.4	15.55	20.4	17.19	17.11	19.72	22.67
Distribution rate	89.9%	88.7%	-	78.9%	78.5%	81.9%	82.8%	81.7%
Net sales ¹	146,337	168,970	191,263	243,939	202,016	226,083	251,653	279,135
EBITDA ¹	35,915	37,420	44,710	58,198	47,737	50,759	59,192	67,051
EBIT ¹	32,014	33,390	40,421	52,820	42,338	44,052	51,956	59,433
Net income ¹	21,449	23,905	29,987	39,328	33,145	33,157	37,953	43,741
Net Debt ¹	-7,014	-9,155	-8,434	-4,743	10,712	-7,688	-17,430	-28,257
Reference price ²	858.51	868.84	984.59	1,311.65	1,125.52	1,236.20	1,236.20	1,236.20
Nbr of stocks (in thousands)	1,928,314	1,928,314	1,928,314	1,928,314	1,928,314	1,928,314	-	-
Announcement Date	17/02/22	16/02/23	07/02/24	25/04/24	24/04/25	-	-	-

¹INR in Million²INR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
NESTLÉ INDIA LIMITED	72.24x	10.51x	46.81x	1.13%	25.88B
NESTLÉ S.A.	20.08x	2.91x	14.27x	3.89%	264B
MONDELEZ INTERNATIONAL, INC.	19.83x	2.39x	14.04x	3.59%	74.56B
DANONE	18.2x	1.85x	10.45x	3.36%	51.36B
THE HERSHEY COMPANY	27.47x	4.03x	16.48x	2.57%	45.16B
ARCHER-DANIELS-MIDLAND COMPANY	18.01x	0.5x	10.4x	3.05%	32.68B
KRAFT HEINZ	11.91x	1.91x	9.28x	6.58%	28.93B
AJINOMOTO CO., INC.	32.8x	2.86x	15.56x	1.11%	26.37B
YIHAI KERRY ARAWANA HOLDINGS CO., LTD	45.27x	0.82x	22.16x	0.49%	25.02B
Average	29.53x	3.09x	17.72x	2.86%	63.81B
Weighted average by Cap.	23.96x	2.90x	15.47x	3.39%