The floods have disrupted normal operations across several areas, with casualties reported and several people, including security personnel and foreign tourists, still missing.

The disaster has also damaged roads, bridges and power infrastructure, while disrupting transport, communications and other essential services, raising concerns over business activity and supply chains in the affected regions.

In the afternoon trade, Emami shares were trading in negative territory.

The stock slipped as much as 4% to hit a low of ₹385.25 on the NSE. At 12:35 PM, the stock was down 3.91% at ₹385.75 on the NSE.

NHPC, too, was trading lower. The stock traded over 1% lower at ₹75.41 on the NSE.

Stocks in spotlight

Dabur India: Dabur has one of the more notable Nepal exposures among Indian FMCG companies through Dabur Nepal, which has local manufacturing and sells products across food, healthcare, personal care, and other FMCG categories.

The business has a sizeable manufacturing and distribution presence in the country.

According to publicly available information, Dabur Nepal reported NPR 15.06 billion in operating revenue in FY25 and has a large manufacturing and distribution footprint.

Nepal floods: India sends 47.5 tonnes of relief aid; 288 Indians remain uncontactable

Varun Beverages: Varun Beverages has a wholly owned Nepal subsidiary that manufactures and sells PepsiCo beverages including Pepsi, Mountain Dew, Mirinda and 7UP.

According to publicly available information, Varun Beverages (Nepal) reported operating revenue of around NPR 8.55 billion in FY25, making Nepal a notable overseas market for the company. VBL has local manufacturing operations in the country and is PepsiCo's bottling partner there.

Asian Paints: Asian Paints operates Asian Paints (Nepal) Pvt Ltd, which manufactures and sells paints in the country. The Nepal subsidiary reported ₹394 crore revenue and ₹57.6 crore net profit in FY26, making Nepal a notable international operation for the company.

NHPC: NHPC has a significant project pipeline in Nepal, including large hydropower projects such as West Seti and Seti River-6.

However, this is project/development exposure rather than a major current revenue contributor, so the impact from any disruption would primarily be on project execution and timelines.

ITC: ITC has exposure through Surya Nepal, its associate company, which has a long-established business in the country. It is a meaningful local operation, but Nepal remains relatively small compared with ITC's overall consolidated business.

Emami: Emami has an established sales and distribution presence in Nepal, with its consumer brands sold across the market.

However, compared with Dabur, VBL and Asian Paints, the Nepal business is less material to the overall company, so the earnings impact from disruptions is likely to be more limited.

Marico: Marico also sells its consumer products in Nepal through its distribution network.

However, Nepal is a relatively small part of Marico's overall business, making the direct earnings impact from any prolonged disruption comparatively limited.

Other stocks in focus

Besides, other Indian FMCG companies such as Hindustan Unilever (HUL) and Britannia Industries also have business exposure to Nepal through subsidiaries, manufacturing operations or distribution networks.

While Nepal is a relatively small contributor to their overall revenues, any prolonged disruption could weigh on local sales, manufacturing and supply chains.

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.