|
03 Jun 2025 |
Nestle
|
Consensus Share Price Target
|
2395.70 |
2426.27 |
- |
1.28 |
hold
|
|
|
|
|
17 Oct 2024
|
Nestle
|
Sharekhan
|
2395.70
|
2681.00
|
2378.70
(0.71%)
|
11.91 |
Hold
|
|
|
Nestle India’s (Nestle’s) Q2FY2025 numbers were weak, missing estimates on all fronts. Muted revenue growth at 1.3% y-o-y along with 144 bps y-o-y decline in OPM and lower other income lead to 9.1% y-o-y decline in adjusted PAT.
|
|
17 Oct 2024
|
Nestle
|
BOB Capital Markets Ltd.
|
2395.70
|
2543.00
|
2378.70
(0.71%)
|
6.15 |
Hold
|
|
|
Sales came in 4% below consensus while EBITDA was 10% lower due to margin being 152bps below expectations
|
|
17 Oct 2024
|
Nestle
|
Emkay
|
2395.70
|
2400.00
|
2378.70
(0.71%)
|
Target met |
Sell
|
|
|
We downgrade Nestlé India to REDUCE from Add with a 14.3% cut in TP to Rs2,400 amid sustained topline pressures.
|
|
09 Aug 2024
|
Nestle
|
Geojit BNP Paribas
|
2395.70
|
2680.00
|
2504.70
(-4.35%)
|
Target met |
Hold
|
|
|
|
|
29 Jul 2024
|
Nestle
|
KRChoksey
|
2395.70
|
2721.00
|
2470.30
(-3.02%)
|
Target met |
Accumulate
|
|
|
NEST has underperformed our estimates across the board in Q1FY25.
NEST’s reported revenue was INR 48,140 Mn, a growth of 3.3% YoY/ (-8.6% QoQ), missing our estimates by 4.9%.
|
|
26 Jul 2024
|
Nestle
|
Axis Direct
|
2395.70
|
2800.00
|
2476.90
(-3.28%)
|
16.88 |
Buy
|
|
|
We maintain our BUY rating on the stock.
|
|
25 Jul 2024
|
Nestle
|
ICICI Securities Limited
|
2395.70
|
2500.00
|
2480.65
(-3.42%)
|
Target met |
Hold
|
|
|
Nestle’s revenue performance has de-accelerated to 4% YoY (1% mix/volume led, 3% pricing vs 4% UVG delivered by HUL) in Q1FY25. Outperformance in beverage business (double-digit revenue growth) despite harsh summer is encouraging.
|
|
25 Jul 2024
|
Nestle
|
Motilal Oswal
|
2395.70
|
2500.00
|
2480.65
(-3.42%)
|
Target met |
Neutral
|
|
|
Nestle India (Nestle) reported weak 3.3% YoY revenue growth (est. 8.6%) in 1QFY25. Last eight-quarter average revenue growth was 14%.
|
|
25 Jul 2024
|
Nestle
|
Prabhudas Lilladhar
|
2395.70
|
2746.00
|
2480.65
(-3.42%)
|
Target met |
Accumulate
|
|
|
|
|
30 Apr 2024
|
Nestle
|
KRChoksey
|
2395.70
|
2721.00
|
2509.80
(-4.55%)
|
Target met |
Accumulate
|
|
|
NEST’s overall performance for Q5FY24 was in-line with our estimates. While sales were marginally lower by 0.9%, EBITDA and Adj. PAT performance was as per expectations.
|