If you are looking for the best stocks to invest in, you must know about Nestle India Limited. Nestle India, a famous brand associated with Maggi noodles and chocolates, has consistently performed well in the Indian stock market.
But what's next for this big player in the FMCG industry? Let's look into the crystal ball and check the possible share price objectives for Nestle India in the coming years.
This article will cover Nestle India Limited share price targets for the years 2024, 2025, 2026, 2027, 2028, 2029, and 2030.
About Nestle India Company
Nestlé India Limited is an Indian subsidiary of the international Swiss corporation Nestlé. The company is headquartered in Gurgaon, Haryana. Food, beverages, chocolates, and sweets are among the company's offerings. Nestlé Alimentana S.A. markets the firm through its subsidiary Nestlé Holdings Limited, which was formed on March 28, 1959. As of 2020, Nestlé India is 62.76% owned by its parent corporation. The corporation has nine production sites across India.
Nestle India Share Price Current Performance And Market Indicators
Open Price: ₹2,525.05
Today's Low Price: ₹2,513.70
Today's High Price: ₹2,539.75
Current Price: ₹2539.55
Market capitalization: ₹2,44,057 crore
P/E Ratio: 75.22
ROE: 95.67%
Dividend Yield: 1.27%
52-Week Low: ₹2,163.25
52-Week High: ₹2,769.30
Price Change Over the Past Year: +15.49% (₹+340.48 Increase)
Today, Nestle India stock opened at ₹2,525.05. It showed stable performance. The stock fluctuated between the day's high of ₹2,539.75 and the day's low of ₹2,513.70, then closed at ₹2,539.55. With a market capitalization of ₹2,44,057 crore, the stock continues to maintain its dominant position in the market.
Investors' high expectations for future growth are reflected in the price-to-earnings (P/E) ratio of 75.22, which is bolstered by a superb return on equity (ROE) of 95.67%. With a dividend yield of 1.27%, investors can expect consistent profits. The stock's value has increased by ₹340.48 due to a 15.49% increase in price over the last year. The stock is trading close to its 52-week high of ₹ 2,769.30, indicating durability and strong upside momentum.
Nestle India Shareholding
Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | |
Promoters | 62.76% | 62.76% | 62.76% | 62.76% | 62.76% |
Retail and Other | 15.81% | 15.81% | 16.71% | 16.09% | 16.07% |
Foreign Institutions | 12.38% | 12.10% | 12.09% | 12.10% | 11.94% |
Other Domestic Institutions | 4.18% | 4.36% | 3.53% | 4.60% | 4.85% |
Mutual Funds | 4.87% | 4.96% | 4.90% | 4.45% | 4.38% |
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Promoters
62.76%
62.76%
62.76%
62.76%
62.76%
Retail and Other
15.81%
15.81%
16.71%
16.09%
16.07%
Foreign Institutions
12.38%
12.10%
12.09%
12.10%
11.94%
Other Domestic Institutions
4.18%
4.36%
3.53%
4.60%
4.85%
Mutual Funds
4.87%
4.96%
4.90%
4.45%
4.38%
The Nestle India shareholding chart is referred to from the Groww website.
Nestle India Share Price Target 2024
Analysts are generally optimistic about the near future, with Nestle India's share price targets ranging from Rs 2,431 to Rs 3,197 in 2024. This forecast takes into account the continued expansion of the packaged food industry, rising consumer spending, and potential new product introductions.
Nestle India Share Price Target 2025
Share price predictions in 2025 remain positive, ranging from ₹3,701 to ₹4,160. The excitement stems from the projected growth in market share, which showed a 57.21% increase over the previous year, effective brand diversification, and potential penetration into rural areas.
Nestle India Share Price Target 2026
Nestle India Limited's first price target for 2026 is expected to be ₹4,236. In a favorable market, and mid-year price forecast can reach ₹3,981. With optimistic market trends, Nestle India Limited's price target can potentially reach ₹4,752 by the end of 2026.
Nestle India Share Price Target 2027
In the market, this corporation holds a strong position. They are long-term leaders due to their profitability and low debt-to-equity ratio (0.10%). Considering favorable market conditions, Nestle India's share price can reach ₹5,439 in 2027, with ₹4,847 being offered as the lowest price.
Nestle India Share Price Target 2028
Nestle is a good firm, but it is impossible to predict the future in the long term. Unexpected slowdowns in the economy or changes in the sector could affect their rate of expansion. According to analysts, if they can continue to perform at their current level, they could reach ₹6,224 with a prediction of ₹5,547 for 2028.
Nestle India Share Price Target 2029
The first price target of Nestle India Limited for 2029 is expected to be ₹6,349. The mid-year price target of Nestle India Limited in a favorable market can reach ₹5,967. Considering the optimistic market trends, the price target of Nestle India Limited is estimated to potentially reach ₹7,123 by the end of 2029.
Nestle India Share Price Target 2030
According to more promising predictions, the price of Nestle India share is expected to be in the range of ₹7,265 to ₹8,152 in 2030. The increased range can be attributed to factors such as changing customer preferences, improvements in technology, and unpredictable long-term economic patterns.
Balance Sheet of Nestle India
Balance Sheet of Nestle India (in Rs. Cr.) | Mar 24 | Dec 23 | Dec 22 | Dec 21 | Dec 20 |
15 mths | 12 mths | 12 mths | 12 mths | 12 mths | |
EQUITIES AND LIABILITIES | |||||
SHAREHOLDER'S FUNDS | |||||
Equity Share Capital | 96.42 | 96.42 | 96.42 | 96.42 | 96.42 |
Total Share Capital | 96.42 | 96.42 | 96.42 | 96.42 | 96.42 |
Reserves and Surplus | 3,244.47 | 2,996.33 | 2,362.75 | 1,988.06 | 1,922.92 |
Total Reserves and Surplus | 3,244.47 | 2,996.33 | 2,362.75 | 1,988.06 | 1,922.92 |
Total Shareholders Funds | 3,340.89 | 3,092.75 | 2,459.17 | 2,084.48 | 2,019.34 |
NON-CURRENT LIABILITIES | |||||
Long Term Borrowings | 25.48 | 26.2 | 26.66 | 27.47 | 31.72 |
Deferred Tax Liabilities [Net] | 12.04 | 11.57 | 0 | 0 | 0 |
Other Long Term Liabilities | 271.38 | 266.7 | 208 | 210.2 | 87.85 |
Long Term Provisions | 2,917.20 | 2,906.33 | 3,205.16 | 3,284.54 | 3,268.27 |
Total Non-Current Liabilities | 3,226.10 | 3,210.80 | 3,439.82 | 3,522.21 | 3,387.84 |
CURRENT LIABILITIES | |||||
Short Term Borrowings | 5.66 | 5.21 | 3.37 | 6.59 | 3.12 |
Trade Payables | 2,812.01 | 2,454.00 | 2,120.94 | 1,889.66 | 1,809.01 |
Other Current Liabilities | 876.78 | 813.02 | 794.74 | 568.45 | 574.46 |
Short Term Provisions | 261.62 | 518.41 | 160.7 | 138.54 | 105.96 |
Total Current Liabilities | 3,956.07 | 3,790.64 | 3,079.75 | 2,603.24 | 2,492.55 |
Total Capital And Liabilities | 10,523.06 | 10,094.19 | 8,978.74 | 8,209.93 | 7,899.73 |
ASSETS | |||||
NON-CURRENT ASSETS | |||||
Tangible Assets | 3,460.25 | 4,545.90 | 3,043.70 | 2,993.97 | 2,179.41 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 |
Capital Work-In-Progress | 1,741.71 | 0 | 358.36 | 246.23 | 638.58 |
Other Assets | 0 | 0 | 0 | 0 | 0 |
Fixed Assets | 5,201.96 | 4,545.90 | 3,402.06 | 3,240.20 | 2,817.99 |
Non-Current Investments | 423.89 | 424.65 | 560.19 | 710.7 | 740.83 |
Deferred Tax Assets [Net] | 0 | 0 | 25.61 | 25.84 | 19.92 |
Long Term Loans And Advances | 8.01 | 8.91 | 9 | 49.09 | 46.55 |
Other Non-Current Assets | 1,394.48 | 1,520.96 | 1,491.73 | 1,445.34 | 89.36 |
Total Non-Current Assets | 7,028.34 | 6,500.42 | 5,488.59 | 5,471.17 | 3,714.65 |
CURRENT ASSETS | |||||
Current Investments | 39.98 | 301.77 | 217.35 | 63.28 | 722.94 |
Inventories | 2,089.36 | 1,873.26 | 1,928.77 | 1,580.22 | 1,416.48 |
Trade Receivables | 300.46 | 202.57 | 191.89 | 165.27 | 164.93 |
Cash And Cash Equivalents | 778.85 | 874.82 | 945.55 | 735.41 | 1,769.87 |
Short Term Loans And Advances | 11.01 | 10.91 | 10.26 | 11.85 | 13.22 |
OtherCurrentAssets | 275.06 | 330.44 | 196.33 | 182.73 | 97.64 |
Total Current Assets | 3,494.72 | 3,593.77 | 3,490.15 | 2,738.76 | 4,185.08 |
Total Assets | 10,523.06 | 10,094.19 | 8,978.74 | 8,209.93 | 7,899.73 |
OTHER ADDITIONAL INFORMATION | |||||
CONTINGENT LIABILITIES, COMMITMENTS | |||||
Contingent Liabilities | 1,313.91 | 0 | 790.18 | 187.26 | 315.4 |
CIF VALUE OF IMPORTS | |||||
Raw Materials | 0 | 0 | 0 | 0 | 0 |
Stores, Spares And Loose Tools | 0 | 0 | 0 | 0 | 0 |
Trade/Other Goods | 0 | 0 | 0 | 0 | 0 |
Capital Goods | 0 | 0 | 0 | 0 | 0 |
EXPENDITURE IN FOREIGN EXCHANGE | |||||
Expenditure In Foreign Currency | 4,692.37 | 0 | 2,760.08 | 2,460.04 | 2,791.46 |
REMITTANCES IN FOREIGN CURRENCIES FOR DIVIDENDS | |||||
Dividend Remittance In Foreign Currency | -- | -- | -- | -- | -- |
EARNINGS IN FOREIGN EXCHANGE | |||||
FOB Value Of Goods | 974.86 | -- | 691.93 | 639.57 | 647.39 |
Other Earnings | -- | -- | -- | -- | -- |
BONUS DETAILS | |||||
Bonus Equity Share Capital | 73.41 | -- | 73.41 | 73.41 | 73.41 |
NON-CURRENT INVESTMENTS | |||||
Non-Current Investments Quoted Market Value | 448.87 | -- | 591.86 | 779.75 | 805.47 |
Non-Current Investments Unquoted Book Value | -- | -- | -- | -- | 18.88 |
CURRENT INVESTMENTS | |||||
Current Investments Quoted Market Value | 39.98 | -- | 220.4 | 63.39 | 722.94 |
Current Investments Unquoted Book Value | -- | -- | -- | -- | -- |
Balance Sheet of Nestle India (in Rs. Cr.)
Mar 24
Dec 23
Dec 22
Dec 21
Dec 20
15 mths
12 mths
12 mths
12 mths
12 mths
EQUITIES AND LIABILITIES
SHAREHOLDER'S FUNDS
Equity Share Capital
96.42
96.42
96.42
96.42
96.42
Total Share Capital
96.42
96.42
96.42
96.42
96.42
Reserves and Surplus
3,244.47
2,996.33
2,362.75
1,988.06
1,922.92
Total Reserves and Surplus
3,244.47
2,996.33
2,362.75
1,988.06
1,922.92
Total Shareholders Funds
3,340.89
3,092.75
2,459.17
2,084.48
2,019.34
NON-CURRENT LIABILITIES
Long Term Borrowings
25.48
26.2
26.66
27.47
31.72
Deferred Tax Liabilities [Net]
12.04
11.57
0
0
0
Other Long Term Liabilities
271.38
266.7
208
210.2
87.85
Long Term Provisions
2,917.20
2,906.33
3,205.16
3,284.54
3,268.27
Total Non-Current Liabilities
3,226.10
3,210.80
3,439.82
3,522.21
3,387.84
CURRENT LIABILITIES
Short Term Borrowings
5.66
5.21
3.37
6.59
3.12
Trade Payables
2,812.01
2,454.00
2,120.94
1,889.66
1,809.01
Other Current Liabilities
876.78
813.02
794.74
568.45
574.46
Short Term Provisions
261.62
518.41
160.7
138.54
105.96
Total Current Liabilities
3,956.07
3,790.64
3,079.75
2,603.24
2,492.55
Total Capital And Liabilities
10,523.06
10,094.19
8,978.74
8,209.93
7,899.73
ASSETS
NON-CURRENT ASSETS
Tangible Assets
3,460.25
4,545.90
3,043.70
2,993.97
2,179.41
Intangible Assets
0
0
0
0
0
Capital Work-In-Progress
1,741.71
0
358.36
246.23
638.58
Other Assets
0
0
0
0
0
Fixed Assets
5,201.96
4,545.90
3,402.06
3,240.20
2,817.99
Non-Current Investments
423.89
424.65
560.19
710.7
740.83
Deferred Tax Assets [Net]
0
0
25.61
25.84
19.92
Long Term Loans And Advances
8.01
8.91
9
49.09
46.55
Other Non-Current Assets
1,394.48
1,520.96
1,491.73
1,445.34
89.36
Total Non-Current Assets
7,028.34
6,500.42
5,488.59
5,471.17
3,714.65
CURRENT ASSETS
Current Investments
39.98
301.77
217.35
63.28
722.94
Inventories
2,089.36
1,873.26
1,928.77
1,580.22
1,416.48
Trade Receivables
300.46
202.57
191.89
165.27
164.93
Cash And Cash Equivalents
778.85
874.82
945.55
735.41
1,769.87
Short Term Loans And Advances
11.01
10.91
10.26
11.85
13.22
OtherCurrentAssets
275.06
330.44
196.33
182.73
97.64
Total Current Assets
3,494.72
3,593.77
3,490.15
2,738.76
4,185.08
Total Assets
10,523.06
10,094.19
8,978.74
8,209.93
7,899.73
OTHER ADDITIONAL INFORMATION
CONTINGENT LIABILITIES, COMMITMENTS
Contingent Liabilities
1,313.91
0
790.18
187.26
315.4
CIF VALUE OF IMPORTS
Raw Materials
0
0
0
0
0
Stores, Spares And Loose Tools
0
0
0
0
0
Trade/Other Goods
0
0
0
0
0
Capital Goods
0
0
0
0
0
EXPENDITURE IN FOREIGN EXCHANGE
Expenditure In Foreign Currency
4,692.37
0
2,760.08
2,460.04
2,791.46
REMITTANCES IN FOREIGN CURRENCIES FOR DIVIDENDS
Dividend Remittance In Foreign Currency
--
--
--
--
--
EARNINGS IN FOREIGN EXCHANGE
FOB Value Of Goods
974.86
--
691.93
639.57
647.39
Other Earnings
--
--
--
--
--
BONUS DETAILS
Bonus Equity Share Capital
73.41
--
73.41
73.41
73.41
NON-CURRENT INVESTMENTS
Non-Current Investments Quoted Market Value
448.87
--
591.86
779.75
805.47
Non-Current Investments Unquoted Book Value
--
--
--
--
18.88
CURRENT INVESTMENTS
Current Investments Quoted Market Value
39.98
--
220.4
63.39
722.94
Current Investments Unquoted Book Value
--
--
--
--
--
This balance sheet is referred to from the Moneycontrol website.
Conclusion
Nestle India's financial performance is solid, as can be seen from its stable dividend payouts, high ROE, and steady growth. With the stock trading at a 52-week high, investor confidence remains high, driven by the company's strong market presence and success across all industries. While a high P/E ratio indicates a premium price, it also signals future growth potential. Nestle India offers an attractive investment opportunity for those seeking consistent profits and long-term value. However, it is prudent to look at market conditions and business fundamentals thoroughly before making an investment choice, especially as the stock approaches its price target range.
FAQs
1. Is it good to buy Nestle India shares now?
Nestle India is rated "buy" by analysts for the long term.
2. What is the target price for Nestle India?
Nestle India Ltd.'s average target is 2670.88. The consensus forecast reflects a 6.80% increase from the previous price of 2500.75.
3. What is the target price of Nestle India in 2025?
Nestle India share price target for June 2025 can be ₹3,701 to ₹4,160 per share.
4. What is the dividend of Nestle in 2024?
Nestle India Limited paid a dividend of ₹2.75 for the quarter ended June 2024, giving a yield of 6.32%.
Disclaimer
This article is just for informational purposes. Forecasting of the share price targets is based on and referred to from various sources, media reports, and predictions done by brokerage houses from time to time.
We also state that we are not SEBI-registered financial advisors. So, kindly, before taking any kind of investment in the shares, please do counsel with the certified financial advisories.
If you have any corrections or find any wrong information, do let us know at our official [email protected].