All four product groups posted strong double-digit growth as rural demand, quick commerce and cost savings supported Nestle India's revenue and margin expansion in Q1 FY27
Nestle India said that all four product groups delivered strong double-digit growth in Q1FY27, supported by high double-digit growth across channels.
FMCG major Nestle India on Wednesday reported a 48.26 per cent on-year rise in consolidated net profit to Rs 958.68 crore in the June quarter of this financial year, supported by strong volume growth. The company had posted a consolidated net profit of Rs 646.59 crore in the corresponding period last fiscal, Nestle India said in a regulatory filing. Nestle India's revenue from Sale of Products was up 25.4 per cent at Rs 6,363.27 crore in the June quarter of FY27. This was at Rs 5,073.96 crore in the corresponding period a year ago. "We delivered a strong quarter with sales growth of 25.4 per cent led by volume growth. Sales stood at Rs 6,363.3 crore, powered by continued consumer trust in our brands and a strong focus on execution. Exports delivered 35.6 per cent growth, despite ongoing geopolitical headwinds," Chairman and MD Manish Tiwary said. Nestle India's total income in the first quarter of FY27 stood at Rs 6,400.65 crore, up 25.5 per cent as against Rs 5,100.33 crore in the
As per brokerage estimates, Nestle India's revenue is expected to grow 12-18 per cent Y-o-Y, driven by healthy double-digit volume growth, while net profit could increase by up to 34 per cent Y-o-Y.
In the large-cap segment, funds attracted net inflows of ₹2,067.48 crore in June, up from ₹1,592.93 crore in May. Funds were net buyers of 56 per cent of the Nifty 50 stocks.
Automobile, and fast-moving consumer goods (FMCG) companies are expected to post a mixed performance in the first quarter of FY27, with healthy demand offset by margin pressure from higher input costs
Firm remains focused on sustaining margin resilience
Dividend stocks: Here is the complete list of stocks that will remain in focus next week on account of their dividend announcements
Market outlook: Nifty and Bank Nifty are likely to remain rangebound until a decisive breakout on either side, says Jatin Gedia, VP - Technical Research at Teji Mandi Investment Technologies.
Aamar Deo Singh of Angel One said that it is still early to turn decisively bullish on FMCG and that "investors should wait for the monsoon outcome and further confirmation of a sustained recovery."
Systematix has maintained a 'Hold' rating on Nestle India, valuing the stock at FY28E P/E of 65x for a target price of ₹1,460.
Stocks to buy: Ruchit Jain of Motilal Oswal Financial Services has recommended buying the shares of Nestle India, and Bharat Forge today
Stocks to buy today: Jatin Gedia of Teji Mandi Investment has recommended buying the shares of Nestle India, and Voltas.
Despite global uncertainties, subpar monsoon outlook and volatile commodity prices, FMCG firms have given resilient outlook for FY27 with H2FY27 expected to be better versus H1FY27, say analysts.
Stocks to watch today: Oil India, ixigo, ZEEL, GE Vernova, Amber Enterprises, HCLTech, RailTel, Andhra Cement, Tata Steel, Tata Motors, among others, will be in focus today.
General licence fees (royalty) paid by FMCG major Nestle India to its Switzerland-based group entity Societe des Produits Nestle S.A. were up 13.91 per cent to Rs 1,024.5 crore in FY26, according to the company's latest annual report. Besides, Nestle India also paid a 'withholding tax on general licence fees' of 102.47 crore for the financial year ended March 2026. In the preceding year of FY25, Nestle India paid a general licence fee of Rs 899.41 crore and Rs 89.71 crore as 'withholding tax on general licence fees'. Nestle India obtains access to the Nestle Group's technology and intellectual property through General Licence Agreements for manufacturing and marketing its products, while continuously benefiting from technological advancements and innovations across the product categories it produces and sells. It pays a royalty of 4.5 per cent of net sales to its parent firm. Promoter entities Nestle S.A. and Maggi Enterprises Ltd together hold a 62.76 per cent stake in Nestle Ind
Nestle India chairman and MD Manish Tiwary says urban demand remained resilient while rural recovery depended on monsoon outcomes, farm income and government support
Vijaya Diagnostic Centre was quoting higher for the eight straight trading day, soaring 25 per cent during the period.
At this point, two channels are growing faster for us: quick commerce and rural, says Manish Tiwary
Thus far in the month of April, the FMCG index has surged 11.73 per cent, as against a 7.4 per cent gain in the benchmark index