Nestle India, incorporated in the year 1959, is a Large Cap company (having a market cap of Rs 190708.36 Crore) operating in FMCG sector.
Nestle India key Products/Revenue Segments include Milk Products, Prepared Dishes & Cooking aids, Confectionery, Beverages (Powdered), Export Incentives, Other Operating Revenue for the year ending 31-Dec-2021.
Financials
The company’s top management includes Mr.Suresh Narayanan, Mr.David S McDaniel, Mr.Matthias C Lohner, Mr.Rajya Vardhan Kanoria, Dr.Swati A Piramal, Ms.Rama Bijapurkar, Ms.Roopa Kudva, Mr.P R Ramesh. Company has B S R & Co. LLP as its auditors. As on 30-09-2022, the company has a total of 10 Crore shares outstanding.
Investment Rationale
The brokerage models 17% YoY revenue growth. Three-year revenue CAGR at 12%. Further, it models 100bps sequential improvement in gross margin to 54% while it will be down +300bps YoY.
Promoter/FII Holdings
Promoters held 62.76 per cent stake in the company as of 30-Sep-2022, while FIIs owned 11.65 per cent, DIIs 8.81 per cent.
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