Today, we are going to estimate the Nestle India Share Price Target 2024 to 2050 Long Term Prediction. Nestle India is listed on the NSE under the symbol “NESTLEIND” and on the BSE with the code “500790“. let’s analyze the future of Nestle India Share Price Target as well, including whether it’s a good time to buy or sell them today.
Additionally, we will also take into analysis Nestle India Share Price Target Recommendations from various brokerage firms, including Target’s High Price, Target’s Low Price and Recommendation Key Buy or Sell at the end of the article.
Profile of Nestle India
| Name | Nestlé India Limited |
| Industry | Food Processing |
| Founded | 28 March 1959 |
| Product | Food, beverages, chocolate, and confectioneries. Maggi, Nescafé, Milkmaid, Cerelac, KitKat, Néstea, Polo. etc |
| Country | India |
| Website | www.nestle.in |
| Profile | Nestle_India |
Keep an eye on Nestle India’s share price today with real-time updates, and examine its performance on the stock market through comprehensive charts that display the fluctuations in Nestle India’s stock price.
About Nestle India Company
Nestle India is a leading player in the Indian packaged food market, with a diverse portfolio of products that cater to a wide range of consumer needs. The company has a strong presence in categories such as milk and nutrition, beverages, chocolates and confectionery, and prepared dishes and cooking aids.
The company has launched over 125 new products in the last seven years and has 10 new projects in the pipeline that will be launched shortly. Innovation currently contributes 6% of the company’s sales, and the long-term objective is to increase this to 10%.
Nestle India’s portfolio is divided into three segments: price point-sensitive, premium, and mainstream. Almost one-third of the portfolio is price point-sensitive, 15% to 20% is premium, and the rest is mainstream.
Nestle India is a leader in the Indian packaged food market, with a strong focus on innovation, brand-building investments, and expansion into new categories. With a large addressable market and a growing middle class.
Financial of Nestle India
Conduct a SWOT analysis of Nestle India Share based on its financials. We will break down the key elements of strengths, weaknesses, opportunities, and threats using the financial data.
Strengths–
Consistent Sales Growth: Nestle India has shown a steady increase in sales over the years, reaching Rs. 5,037 crores in Sep 2023 from Rs. 3,542 crores in Sep 2020. This indicates a strong market presence and consumer demand.
Robust Operating Profit: The company has maintained a healthy operating profit, which has improved from Rs. 884 crores in Sep 2020 to Rs. 1,225 crores in Sep 2023. This reflects efficient operational management.
Healthy Profit Margins: The Operating Profit Margin (OPM) has remained stable, ranging between 20% to 26% over the periods, demonstrating profitability in operations.
Increasing Net Profit: The Net Profit has been on an upward trend, showcasing financial health. In Dec 2011, it was Rs. 962 crores, and it has grown impressively to Rs. 2,971 crores in the trailing twelve months (TTM) up to Dec 2022.
Weaknesses–
Fluctuating Other Income: There is variability in other income, such as a notable dip in Dec 2021. This can impact overall financial stability.
Rising Expenses: The expenses have been consistently rising, from Rs. 2,658 crores in Sep 2020 to Rs. 3,812 crores in Sep 2023, which might indicate increasing costs of operations or materials.
Dependence on Core Market: A substantial portion of revenue comes from the Indian market, which may pose risks if market dynamics change adversely.
Opportunities–
Market Expansion: With rising disposable incomes and changing lifestyles, there is potential for expanding into new market segments and geographies.
Product Innovation: There is always room for introducing new products or variants, catering to the diverse and evolving tastes of Indian consumers.
Digital Transformation: Leveraging digital platforms for marketing, sales, and distribution can open new channels for growth.
Threats–
Competitive Market: The FMCG sector in India is highly competitive, with players constantly introducing new products.
Regulatory Changes: Changes in regulations, especially related to food safety and standards, can impact operations.
Economic Fluctuations: Economic uncertainties and fluctuations in raw material prices can affect profitability.
Brokerage Firms
An effective method for evaluating the Nestle India share price Target is by examining research reports and analyses conducted by reputable financial institutions and brokerage firms. The latest research reports are available on Nestle India Share Price Target.
| DATE | AUTHOR | TARGET | TYPE |
|---|---|---|---|
| 30 OCT 2023 | KRChoksey | 26111.00 | Accu. |
| 27 OCT 2023 | Geojit BNP Paribas | 25740.00 | Hold |
| 26 OCT 2023 | BOB Capital Markets Ltd. | 28260.00 | Buy |
| 26 OCT 2023 | Motilal Oswal | 23900.00 | Neutral |
| 26 OCT 2023 | ICICI Securities Limited | 26000.00 | Accu. |
| 25 OCT 2023 | Prabhudas Lilladhar | 25471.00 | Accu. |
The financial services firm KRChoksey published the latest research report on Nestle India Share Price Target, assigning an ‘Accumulate’ rating with a share price target of Rs. 26,111 from its current market price of Rs. 24,057.
The company’s revenue for Q3CY23 grew by 9.5% year-on-year (YoY) and 8.1% quarter-on-quarter (QoQ) to INR 50,368 Mn. This remarkable growth is not just a one-off event; over the 9 months of CY23, Nestle’s revenue increased by 14.9% YoY to INR 145,259 Mn.
Domestic sales, a critical component of Nestle’s revenue, have shown a robust increase of 10.3% YoY and 9.1% QoQ, while export sales have seen a decline. This pattern of growth underscores the strength of the Indian market for Nestle’s diverse range of products. The company’s Prepared Dishes and Cooking Aids segment, in particular, has continued its upward trajectory, benefitting from focused media campaigns and consumer engagement initiatives.
In terms of profitability, Nestle India’s EBITDA in Q3CY23 has surged by 22.3% YoY and 16.3% QoQ to INR 12,280 Mn. This performance is further highlighted by the expansion of the EBITDA margin to 24.4%, a significant increase from the previous quarters. The Profit After Tax (PAT) also paints a positive picture, expanding by 37.3% YoY and 30.0% QoQ to INR 9,081 Mn.
An interesting development in Nestle India’s financial narrative is the exceptional item recorded in Q3CY23, which represents a write-back of provisions from earlier periods. Excluding this item, the adjusted PAT still shows healthy growth, reinforcing the company’s strong operational performance.
Nestle’s growth isn’t just about numbers; it’s about strategic expansion and innovation. The company has launched 125 products in the last 7 years and has more in the pipeline. This innovation contributes significantly to sales, indicating a keen understanding of market needs and consumer preferences.
The company’s focus isn’t limited to urban areas. The RURBAN strategy, aimed at penetrating rural markets, has seen Nestle expand its reach to 108,000 villages, with plans to increase this number in the coming years. The Milk Products and Nutrition segment, along with Confectionery and Beverages, have shown remarkable growth, demonstrating the company’s diverse portfolio’s appeal.
Long-Term Prediction
We will analyze the performance of the company’s shares in recent times and provide you with a well-researched Nestle India Share Price Target 2024, 2025, 2030 to 2050 based on our Research knowledge and forecasting.
| Year | Minimum Share Price (₹) | Maximum Share Price (₹) |
|---|---|---|
| 2024 | ₹2,800 | ₹3,100 |
| 2025 | ₹3,000 | ₹3,400 |
| 2026 | ₹3,200 | ₹3,700 |
| 2027 | ₹3,400 | ₹4,000 |
| 2028 | ₹3,600 | ₹4,300 |
| 2029 | ₹3,800 | ₹4,500 |
| 2030 | ₹4,000 | ₹4,800 |
| 2035 | ₹5,000 | ₹6,000 |
| 2040 | ₹6,000 | ₹7,500 |
| 2045 | ₹7,000 | ₹9,000 |
| 2050 | ₹8,000 | ₹10,000 |
Analyst Recommendations
Nestle India Buy or Sell
Daily Low / High
Peer Comparison of Nestle India
| Name | P/E | Mar Cap Rs.Cr. |
|---|---|---|
| Nestle India | 88.89 | 257082.87 |
| Britannia Inds. | 57.01 | 126994.20 |
| Swojas Energy | – | 25.29 |
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– As of 7 January 2024, the current share price of Nestle India is ₹2,668.10 Check out today’s current share price of Nestle India at the top.
– According to Google historical data, the price of Nestle India on 8 JAN 2010 was ₹249.46.
– The latest research report from “KRChoksey” sets a Nestle India Share Price Target of Rs.26111 our maximum projected to be ₹3,100.
– Based on our analysis, the maximum Nestle India Share Price Target in 2025 is projected to be ₹3,400.
– Based on our analysis, the maximum Nestle India Share Price Target in 2027 is projected to be ₹4,000.
– Based on our analysis, the maximum Nestle India Share Price Target in 2030 is projected to be ₹4,800.
– Based on our analysis, the maximum Nestle India Share Price Target in 2035 is projected to be ₹6,000.
– Based on our analysis, the maximum Nestle India Share Price Target for the Next 5 Years is projected to be ₹4,500.
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I would like to remind you that I am not authorized by SEBI to provide any financial advice or recommendations. As you know, Share price prediction is not an exact science, That’s why I am conducting in-depth research and using different AI tools to predict Nestle India Share Price Target.
Disclaimer– These Share Price Targets for “Nestle India Share Price Target” are only provided for informational purposes. It does not constitute a recommendation to buy, sell, or hold Nestle India stock. Investors should conduct their research and analysis and consult with financial experts before making any investment decisions— Sharedhan.com
