- Nestle India‘s net income for the second quarter was 7.53 billion rupees, closely aligning with the estimated 7.56 billion rupees.
- The company’s revenue surpassed expectations, reaching 56.44 billion rupees compared to the estimated 53.5 billion rupees.
- Domestic sales were stronger than anticipated at 54.11 billion rupees, exceeding the estimate of 52.16 billion rupees.
- Export sales also performed well, amounting to 2.19 billion rupees, which is higher than the anticipated 2.11 billion rupees.
- Total costs for the period were reported at 46.17 billion rupees.
- Raw material costs were slightly above expectations, totaling 24.02 billion rupees compared to the estimated 23.45 billion rupees.
- Other income was recorded at 16.4 million rupees.
- Analyst recommendations include 9 buys, 20 holds, and 11 sells.
A look at Nestle India Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Nestle India is positioned favorably for long-term growth. With strong scores in dividend, resilience, and momentum, the company demonstrates stability and potential for sustainable returns. Nestle India‘s consistent dividend payouts support investor confidence in the company’s financial health, while its resilience score indicates its ability to weather market fluctuations effectively. The positive momentum score suggests that Nestle India is likely to continue its upward trajectory in the future.
Nestle India Ltd., known for manufacturing a variety of popular food and beverage products, appears well-positioned for continued success. The company’s diverse product range, which includes well-known brands like Maggi noodles, Nescafe coffee, and Cerelac weaning foods, contributes to its overall strength and market presence. Combined with favorable Smart Scores in dividend, resilience, and momentum, Nestle India‘s strategic positioning in the food industry bodes well for its long-term outlook.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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