Nestle India Ltd., incorporated in the year 1959, is a Large Cap company (having a market cap of Rs 160040.45 Crore) operating in FMCG sector.
Financials
For the quarter ended 31-12-2020, the company reported a Standalone Total Income of Rs 3463.18 Crore, down -3.16 % from last quarter Total Income of Rs 3576.17 Crore and up 8.43 % from last year same quarter Total Income of Rs 3193.99 Crore. Company reported net profit after tax of Rs 483.31 Crore in latest quarter.
Investment Rationale
While the structural investment case is strong, valuations of 59x CY22 EPS do not offer any material upside potential from a one-year perspective.
Promoter/FII Holdings
Promoters held 62.8 per cent stake in the company as of Dec 30, 2020, while FIIs held 12.8 per cent, DIIs 7.8 per cent and public and others 16.7 per cent.
