Nestlé India Future Growth

Future criteria checks 3/6

Nestlé India is forecast to grow earnings and revenue by 10.3% and 10.3% per annum respectively. EPS is expected to grow by 10.1% per annum. Return on equity is forecast to be 80.6% in 3 years.

Key information

10.3%

Earnings growth rate

10.1%

EPS growth rate

Food earnings growth	18.6%
Revenue growth rate	10.3%
Future return on equity	80.6%
Analyst coverage	Good
Last updated	14 Jun 2024

Recent future growth updates

Recent updates

Why Nestlé India's (NSE:NESTLEIND) Shaky Earnings Are Just The Beginning Of Its Problems

Aug 05

Nestlé India (NSE:NESTLEIND) Is Due To Pay A Dividend Of ₹90.00

Apr 14

Nestlé India (NSE:NESTLEIND) Has A Rock Solid Balance Sheet

Mar 26

Nestlé India (NSE:NESTLEIND) Seems To Use Debt Rather Sparingly

Nov 25

We Think Nestlé India (NSE:NESTLEIND) Can Manage Its Debt With Ease

Jul 29

Are Dividend Investors Making A Mistake With Nestlé India Limited (NSE:NESTLEIND)?

Apr 16

Is Nestlé India (NSE:NESTLEIND) Using Too Much Debt?

Mar 22

How Many Nestlé India Limited (NSE:NESTLEIND) Shares Do Institutions Own?

Feb 28

Did You Participate In Any Of Nestlé India's (NSE:NESTLEIND) Fantastic 240% Return ?

Feb 02

These Trends Paint A Bright Future For Nestlé India (NSE:NESTLEIND)

Jan 12

Nestlé India (NSE:NESTLEIND) Could Easily Take On More Debt

Dec 17

What Is The Ownership Structure Like For Nestlé India Limited (NSE:NESTLEIND)?

Nov 29

What To Know Before Buying Nestlé India Limited (NSE:NESTLEIND) For Its Dividend

Nov 10

Nestlé India Limited (NSE:NESTLEIND) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

Oct 25

How Much Is Nestlé India Limited (NSE:NESTLEIND) Paying Its CEO?

Oct 16

Under The Bonnet, Nestlé India's (NSE:NESTLEIND) Returns Look Impressive

Oct 01

Is Nestlé India's (NSE:NESTLEIND) Share Price Gain Of 160% Well Earned?

Sep 17

Is Nestlé India (NSE:NESTLEIND) A Risky Investment?

Sep 02

Earnings and Revenue Growth Forecasts

NSEI:NESTLEIND - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	268,104	44,005	46,385	52,548	10
3/31/2026	240,463	40,115	33,634	49,033	26
3/31/2025	215,662	35,323	25,473	40,966	26
3/31/2024	195,096	31,962	18,337	33,398	N/A
12/31/2023	191,263	29,987	20,208	33,922	N/A
9/30/2023	187,407	29,711	N/A	N/A	N/A
6/30/2023	183,057	27,245	19,042	28,380	N/A
3/31/2023	176,929	25,364	N/A	N/A	N/A
12/31/2022	168,550	23,905	21,875	27,374	N/A
9/30/2022	163,162	21,651	N/A	N/A	N/A
6/30/2022	156,078	21,141	19,601	24,647	N/A
3/31/2022	150,479	21,373	N/A	N/A	N/A
12/31/2021	147,092	21,184	15,012	22,360	N/A
9/30/2021	143,795	22,415	N/A	N/A	N/A
6/30/2021	140,386	22,112	19,164	26,250	N/A
3/31/2021	136,124	21,593	N/A	N/A	N/A
12/31/2020	133,268	20,824	19,761	24,545	N/A
9/30/2020	130,448	20,729	N/A	N/A	N/A
6/30/2020	127,189	20,811	16,697	20,024	N/A
3/31/2020	126,912	20,322	N/A	N/A	N/A
12/31/2019	123,469	19,684	21,407	22,953	N/A
9/30/2019	120,960	18,383	N/A	N/A	N/A
6/30/2019	118,196	16,890	N/A	N/A	N/A
3/31/2019	115,171	16,462	N/A	N/A	N/A
12/31/2018	112,721	16,069	18,865	20,525	N/A
9/30/2018	109,789	15,770	N/A	N/A	N/A
6/30/2018	105,536	14,741	N/A	N/A	N/A
3/31/2018	102,574	13,425	N/A	N/A	N/A
12/31/2017	99,921	12,252	N/A	18,178	N/A
9/30/2017	97,389	10,340	N/A	N/A	N/A
6/30/2017	95,673	9,692	N/A	N/A	N/A
3/31/2017	94,140	9,460	N/A	N/A	N/A
12/31/2016	91,229	10,014	N/A	14,659	N/A
9/30/2016	88,827	9,424	N/A	N/A	N/A
6/30/2016	82,616	7,972	N/A	N/A	N/A
3/31/2016	79,469	5,020	N/A	N/A	N/A
12/31/2015	81,609	5,633	N/A	10,981	N/A
9/30/2015	87,248	7,065	N/A	N/A	N/A
6/30/2015	95,529	8,936	N/A	N/A	N/A
3/31/2015	100,278	12,458	N/A	N/A	N/A
12/31/2014	98,329	11,847	N/A	16,440	N/A
9/30/2014	95,672	11,400	N/A	N/A	N/A
6/30/2014	93,568	11,137	N/A	N/A	N/A
3/31/2014	91,475	10,972	N/A	N/A	N/A
12/31/2013	90,814	11,171	N/A	17,964	N/A
9/30/2013	89,765	11,144	N/A	N/A	N/A
6/30/2013	87,438	10,967	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NESTLEIND's forecast earnings growth (10.3% per year) is above the savings rate (6.7%).

Earnings vs Market: NESTLEIND's earnings (10.3% per year) are forecast to grow slower than the Indian market (16% per year).

High Growth Earnings: NESTLEIND's earnings are forecast to grow, but not significantly.

Revenue vs Market: NESTLEIND's revenue (10.3% per year) is forecast to grow faster than the Indian market (9.6% per year).

High Growth Revenue: NESTLEIND's revenue (10.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: NESTLEIND's Return on Equity is forecast to be very high in 3 years time (80.6%).

Nestlé India Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target decreased by 20% to ₹2,602

Price target increased by 57% to ₹3,926

Recent updates

Full year 2024 earnings released: EPS: ₹33.15 (vs ₹26.31 in FY 2023)

High number of new directors

Nestlé India Limited Approves Appointment of Ms. Suneeta Reddy as an Independent Non-Executive Director

Nestlé India Limited, Annual General Meeting, Jul 05, 2024

Full year 2024 earnings released: EPS: ₹33.15 (vs ₹26.31 in FY 2023)

Nestlé India Limited Recommends Final Dividend for the Fifteen Months Financial Year Ended 31 March 2024, Payable on and from 2 August 2024

Is Nestlé India (NSE:NESTLEIND) A Risky Investment?

Nestlé India Limited Announces Update of Litigation

What You Can Learn From Nestlé India Limited's (NSE:NESTLEIND) P/S

Nestlé India's (NSE:NESTLEIND) Promising Earnings May Rest On Soft Foundations

Price target decreased by 20% to ₹2,602

Full year 2023 earnings released: EPS: ₹31.10 (vs ₹24.79 in FY 2022)

Nestlé India Limited Declares of Third Interim Dividend for the Financial Year 2023-2024, Payable on and from 5 March 2024

Price target increased by 57% to ₹3,926

Nestlé India Limited to Report Q1, 2025 Results on Jul 25, 2024

Nestlé India (NSE:NESTLEIND) Has A Rock Solid Balance Sheet

Third quarter 2023 earnings released: EPS: ₹94.18 (vs ₹69.32 in 3Q 2022)

Upcoming dividend of ₹140 per share at 0.9% yield

Nestlé India's (NSE:NESTLEIND) Dividend Will Be Increased To ₹140.00

Nestlé India Limited Declares Second Interim Dividend, Payable on and from November 16, 2023

Tata Consumer Reportedly Emerges as Frontrunner in Race for Makers of Ching's Secret

Nestlé India (NSE:NESTLEIND) Seems To Use Debt Rather Sparingly

New major risk - Earnings quality

Second quarter 2023 earnings released: EPS: ₹72.43 (vs ₹53.45 in 2Q 2022)

Upcoming dividend of ₹75.00 per share at 1.1% yield

Nestlé India (NSE:NESTLEIND) Seems To Use Debt Quite Sensibly

High number of new directors

Full year 2022 earnings released: EPS: ₹248 (vs ₹222 in FY 2021)

Nestlé India Limited Recommends Final Dividend for the Year 2022, Payable on and from May 8, 2023

Nestlé India Limited, Annual General Meeting, Apr 12, 2023

Nestlé India Limited to Report Q4, 2022 Results on Feb 16, 2023

We Think Nestlé India (NSE:NESTLEIND) Can Stay On Top Of Its Debt

High number of new directors

Upcoming dividend of ₹120 per share

Third quarter 2022 earnings released: EPS: ₹69.32 (vs ₹64.04 in 3Q 2021)

Nestlé India Limited Declares Second Interim Dividend, Payable on and from November 16, 2022

Nestlé India Limited Announces Demit Office of David Steven McDaniel, Chief Financial Officer, Effective 1 March 2023

Nestlé India Limited Announces Demit Office of David Steven Mcdaniel, Executive Director - Finance & Control, Effective 1 March 2023

Nestlé India Limited to Report Q3, 2022 Results on Oct 19, 2022

ITC Reportedly Puts Its Hat in the Ring for Yoga Bar Stake

Nestle Reportedly in Talks to Buy Yoga Bar Stake

Why Nestlé India's (NSE:NESTLEIND) Shaky Earnings Are Just The Beginning Of Its Problems

High number of new directors

Nestlé India Limited Announces Change of Company Secretary and Compliance Officer

High number of new directors

Nestlé India Limited to Report Q2, 2022 Results on Jul 28, 2022

Nestlé India Limited Appoints Alpana Parida as an Independent Non-Executive Director

First quarter 2022 earnings released: EPS: ₹61.68 (vs ₹62.46 in 1Q 2021)

Upcoming dividend of ₹90.00 per share

Nestlé India (NSE:NESTLEIND) Is Due To Pay A Dividend Of ₹90.00

Nestlé India Limited Approves Appointment of Anjali Bansal as Independent Non-Executive Director

Nestlé India Limited Declares of an Interim Dividend for the Year 2022, Payable on 6 May 2022

Nestlé India Limited Announces Resignation of Roopa Kudva as Non-Executive Independent Director, Effective May 31, 2022

Nestlé India Limited to Report Q1, 2022 Results on Apr 21, 2022

Nestlé India (NSE:NESTLEIND) Has A Rock Solid Balance Sheet

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Nestlé India Limited Recommends Final Dividend for the Year 2021

Nestlé India (NSE:NESTLEIND) Seems To Use Debt Rather Sparingly

Third quarter 2021 earnings released: EPS ₹64.04 (vs ₹60.89 in 3Q 2020)

We Think Nestlé India (NSE:NESTLEIND) Can Manage Its Debt With Ease

Second quarter 2021 earnings released: EPS ₹55.86 (vs ₹50.47 in 2Q 2020)

Upcoming dividend of ₹90.00 per share

Full year 2020 earnings released: EPS ₹216 (vs ₹204 in FY 2019)

Are Dividend Investors Making A Mistake With Nestlé India Limited (NSE:NESTLEIND)?

Is Nestlé India (NSE:NESTLEIND) Using Too Much Debt?

How Many Nestlé India Limited (NSE:NESTLEIND) Shares Do Institutions Own?

Full year 2020 earnings released: EPS ₹216 (vs ₹204 in FY 2019)

New 90-day low: ₹16,741

Nestlé India Limited, Annual General Meeting, May 07, 2021

Did You Participate In Any Of Nestlé India's (NSE:NESTLEIND) Fantastic 240% Return ?

These Trends Paint A Bright Future For Nestlé India (NSE:NESTLEIND)

Nestlé India Limited Appoints Matthias Christoph Lehner as Director and Whole-Time Director

Nestlé India Limited to Report Fiscal Year 2020 Results on Feb 16, 2021