NESTLEIND · Fast Moving Consumer Goods
Nestle India Ltd. reported revenue of ₹5,037 cr for July to September 2023, — on the year and +8.1% on the quarter.
Operating profit (EBITDA) was ₹1,225 cr, a margin of 24.3%, — on the year and +165 bps on the quarter.
Net profit was ₹908 cr, — on the year and +30.1% on the quarter, with earnings per share of ₹4.71.
Written from the quarterly statements. The filing read adds the balance sheet and cash flow filed with this quarter, the auditor's review, segment results, one-off items line by line and what management said on the call.
No check fired. That is a statement about the checks below, not a verdict on the company.
Could not run on this quarter: Headline vs core profit, Exceptional items that recur, Operating margin on the year, Depreciation falling, Finance cost rising, Swing to loss or profit, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).
This quarter's filing carries a balance sheet and a cash flow statement. The cash, receivables and borrowing checks run once the filing read is in.
| Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹5,037 cr | ₹4,600 cr | ₹5,268 cr | ₹4,814 cr | ₹5,104 cr | ₹4,780 cr | ₹5,504 cr | ₹5,096 cr | ₹5,644 cr | ₹5,667 cr | ₹6,748 cr | ₹6,378 cr |
| YoY | — | — | — | +3% | +1% | +4% | +4% | +6% | +11% | +19% | +23% | +25% |
| EBITDA margin | 24.3% | 23.8% | 25.6% | 23.1% | 22.9% | 23.1% | 25.2% | 21.6% | 21.9% | 21.2% | 26.3% | 24.1% |
| Other income, % of PBT | 11% | −9% | 3% | 4% | 23% | 0% | 1% | 0% | 0% | 15% | −1% | 1% |
| Exceptional items | — | — | — | — | — | — | — | — | — | — | — | — |
| Tax rate | 26% | 26% | 25% | 26% | 25% | 25% | 26% | 27% | 27% | 13% | 26% | 26% |
| Net profit | ₹908 cr | ₹656 cr | ₹934 cr | ₹747 cr | ₹986 cr | ₹696 cr | ₹885 cr | ₹659 cr | ₹753 cr | ₹1,018 cr | ₹1,114 cr | ₹975 cr |
| YoY | — | — | — | +7% | +9% | +6% | −5% | −12% | −24% | +46% | +26% | +48% |
| Core profit YoY | — | — | — | +6% | −6% | −5% | −1% | −8% | +1% | +9% | +28% | +46% |
| EPS | ₹4.71 | ₹3.40 | ₹4.84 | ₹3.87 | ₹5.12 | ₹3.61 | ₹4.59 | ₹3.42 | ₹3.91 | ₹5.28 | ₹5.78 | ₹5.06 |
| Flags | · | · | · | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | 2 | ✓ | ✓ |
Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.
Nestle India Ltd. reported revenue of ₹5,037 cr (— on the year) and net profit of ₹908 cr (— on the year) for July to September 2023.
None of the 2 checks that could run raised a question.
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