Nestle India, incorporated in the year 1959, is a large cap company with a market cap of Rs 156,249.86 crore, operating in FMCG sector.
key Products/Revenue Segments include Milk Products, Prepared Dishes & Cooking aids, Beverages (Powdered), Confectionery, Export Incentives, Other Operating Revenue for the year ending 31-Dec-2018.
Investment rationale
The FMCG major saw 5.7 per cent volume growth in FY20 and 7.8 per cent in Q4. Nestle’s overall reach rised 17.5 per cent to 4.7 million as villages covered jumped to 89,000 from just 1,000 in4 years. The company has a target of 124,000 villages by CY24. Nestle also has 40-50 product innovation/renovations in pipeline, account for 4.3 per cent of sales.
Financials
For the quarter ended 31-12-2020, the company has reported a net revenue of Rs 34,326 Crore, a 9 per cent growth YoY. The company has reported a net profit after tax of Rs 4,802 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 62.76 per cent stake in the company as of Sept 30, 2020, while FIIs held 11.51 per cent, DIIs 8.91 and public and others 16.82 per cent.
