- Net income is estimated to be 8.33 billion rupees.
- Revenue is estimated to be 51.35 billion rupees.
- 19 analysts recommend buying, 15 recommend holding, and 4 recommend selling the stock.
- Average price target is 2,667 rupees, implying a 5.0% upside from the current price.
- Shares have increased by 11.3% over the past year, compared to the 20.3% rise in the SENSEX Index.
- Earnings release is expected on July 25.
- Axis Securities:
- Revenue growth driven by price hikes and rural distribution expansion.
- Lower palm oil and milk prices expected to expand margins.
- Competition and raw material trends to be monitored.
- Kotak Institutional Equities:
- Expect volume growth of 5%, consistent with the last quarter.
- Pricing growth driven by Maggi and coffee.
- Inflation in coffee, cocoa, and milk prices may moderate gross margin expansion.
- Prabhudas Lilladher:
- Expect volume growth of 8.5%.
- Out-of-home product sales weakened due to heat waves.
“`
A look at Nestle India Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts at Smartkarma have evaluated Nestle India using their Smart Scores, which provide a holistic view of the company’s long-term prospects. Nestle India has received a strong score of 5 for Resilience, indicating the company’s ability to withstand challenges and economic downturns. This suggests that Nestle India is well-positioned to navigate uncertain market conditions and maintain stability.
Additionally, Nestle India has scored high in Dividend and Momentum with scores of 4, showcasing a commitment to rewarding investors with dividends and a positive market momentum. Although the company has received moderate scores for Value and Growth at 2 and 3 respectively, its resilience and strong dividend policy paint a positive long-term outlook for Nestle India in the food products industry.
### Nestle India Ltd. manufactures brand name milk products and other food products. The Company’s products include Everyday dairy whitener, milk powder and ghee, Milkmaid sweetened condensed milk and Cerelac weaning foods. Nestle’s beverages include Nescafe and Sunrise coffee and Nesfit enriched glucose powder. Nestle also manufactures Maggi noodles, soups and sauces. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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