Nestlé India Limited

NSEI:NESTLEIND Stock Report

Market Cap: ₹2.1t

Nestlé India Valuation

Is NESTLEIND undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NESTLEIND when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NESTLEIND (₹2214.15) is trading above our estimate of fair value (₹629.37)

Significantly Below Fair Value: NESTLEIND is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NESTLEIND?

Key metric: As NESTLEIND is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for NESTLEIND. This is calculated by dividing NESTLEIND's market cap by their current earnings.
What is NESTLEIND's PE Ratio?
PE Ratio66.1x
Earnings₹32.36b
Market Cap₹2.14t

Price to Earnings Ratio vs Peers

How does NESTLEIND's PE Ratio compare to its peers?

The above table shows the PE ratio for NESTLEIND vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average62.5x
BRITANNIA Britannia Industries
55.3x11.8%₹1.2t
TATACONSUM Tata Consumer Products
78.9x21.7%₹907.5b
PATANJALI Patanjali Foods
67.4x33.3%₹670.5b
531642 Marico
48.2x10.3%₹765.2b
NESTLEIND Nestlé India
66.1x9.2%₹2.1t

Price-To-Earnings vs Peers: NESTLEIND is expensive based on its Price-To-Earnings Ratio (66.1x) compared to the peer average (62.5x).

Price to Earnings Ratio vs Industry

How does NESTLEIND's PE Ratio compare vs other companies in the IN Food Industry?

10 CompaniesPrice / EarningsEstimated GrowthMarket Cap
539594 Mishtann Foods
4.1xn/aUS$179.98m
ZUARIIND Zuari Industries
1.3xn/aUS$112.94m
SARVESHWAR Sarveshwar Foods
3.2xn/aUS$104.46m
507315 Sakthi Sugars
4.5xn/aUS$44.11m
NESTLEIND 66.1xIndustry Avg. 24.5xNo. of Companies25PE020406080100+
10 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NESTLEIND is expensive based on its Price-To-Earnings Ratio (66.1x) compared to the Indian Food industry average (24.5x).

Price to Earnings Ratio vs Fair Ratio

What is NESTLEIND's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NESTLEIND PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio66.1x
Fair PE Ratio39.8x

Price-To-Earnings vs Fair Ratio: NESTLEIND is expensive based on its Price-To-Earnings Ratio (66.1x) compared to the estimated Fair Price-To-Earnings Ratio (39.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst NESTLEIND forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹2,214.15
₹2,500.00
+12.9%
7.1%₹2,870.00₹2,033.00n/a36
Nov ’25₹2,282.30
₹2,506.94
+9.8%
7.2%₹2,870.00₹2,033.00n/a36
Oct ’25₹2,707.05
₹2,632.44
-2.8%
7.2%₹3,000.00₹2,114.00n/a36
Sep ’25₹2,500.75
₹2,628.33
+5.1%
7.4%₹3,000.00₹2,066.00n/a36
Aug ’25₹2,484.00
₹2,626.86
+5.8%
7.6%₹3,000.00₹2,066.00n/a35
Jul ’25₹2,568.10
₹2,659.11
+3.5%
7.8%₹3,010.00₹1,990.00n/a35
Jun ’25₹2,354.90
₹2,645.69
+12.3%
7.8%₹3,010.00₹1,990.00n/a36
May ’25₹2,507.40
₹2,627.64
+4.8%
8.5%₹3,010.00₹1,990.00n/a36
Apr ’25₹2,585.60
₹2,596.17
+0.4%
8.6%₹3,010.00₹1,981.00n/a35
Mar ’25₹2,601.45
₹2,594.74
-0.3%
8.6%₹3,010.00₹1,981.00n/a35
Feb ’25₹2,467.80
₹2,568.77
+4.1%
7.8%₹2,916.50₹1,981.00n/a34
Jan ’25₹2,737.24
₹2,497.04
-8.8%
8.6%₹2,916.50₹1,891.00n/a34
Dec ’24₹2,433.86
₹2,491.52
+2.4%
8.7%₹2,916.50₹1,891.00n/a34
Nov ’24₹2,387.27
₹2,491.52
+4.4%
8.7%₹2,916.50₹1,891.00₹2,282.3034
Oct ’24₹2,250.69
₹2,292.04
+1.8%
9.7%₹2,643.00₹1,723.40₹2,707.0530
Sep ’24₹2,191.56
₹2,287.04
+4.4%
9.6%₹2,643.00₹1,723.40₹2,500.7530
Aug ’24₹2,259.37
₹2,282.71
+1.0%
9.6%₹2,643.00₹1,723.40₹2,484.0030
Jul ’24₹2,289.43
₹2,220.16
-3.0%
8.8%₹2,496.50₹1,723.40₹2,568.1031
Jun ’24₹2,187.43
₹2,209.91
+1.0%
8.6%₹2,496.50₹1,723.40₹2,354.9031
May ’24₹2,176.14
₹2,197.91
+1.0%
9.4%₹2,496.50₹1,531.50₹2,507.4031
Apr ’24₹1,970.45
₹2,094.83
+6.3%
8.6%₹2,343.50₹1,531.50₹2,585.6030
Mar ’24₹1,877.89
₹2,072.04
+10.3%
9.6%₹2,343.50₹1,500.00₹2,601.4534
Feb ’24₹1,908.99
₹2,065.25
+8.2%
10.2%₹2,342.50₹1,456.60₹2,467.8033
Jan ’24₹1,960.60
₹2,058.68
+5.0%
10.5%₹2,342.50₹1,456.60₹2,737.2433
Dec ’23₹2,004.95
₹2,055.65
+2.5%
10.5%₹2,342.50₹1,456.60₹2,433.8633
Nov ’23₹2,059.00
₹2,050.12
-0.4%
10.6%₹2,342.50₹1,456.60₹2,387.2732

Analyst Forecast: Target price is less than 20% higher than the current share price.

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