Nestle India Limited is the Indian subsidiary of the multinational company Nestle, Switzerland. It was founded and incorporated in 1959. The parent company along with its group entities hold over 60% stake in the Indian subsidiary. Nestle India is a major player in the fast-moving consumer goods (FMCG) industry in India.
The company established its first factory in Punjab in 1961 and subsequently expanded to other regions by setting up factories in Tamil Nadu, Goa and Karnataka.
As of January 29, 2024, Nestle India's market capitalisation was over ₹2,40,000 crores. Nestle India share price went up by more that 40% in last three years.
Business operations
Nestle India’s core business has a wide range of food products including chocolates, milk-based products, coffee, tea, baby food and instant foods. The company's brand portfolio includes popular names such as Nescafe, Sunrise, Kokocrunch, Maggi and Cerelac in the FMCG food segment.
One of its oldest brands is Gerber. The company launched the globally popular and iconic brand Gerber in India, introducing two variants: spinach & carrot and mango & berry. In 2007, Nestle acquired the brand as part of its vision to offer a range of nutritious food options worldwide.
Nestle India's Maggi noodles brand has been a staple in the country for 40 years, offering a variety of flavours. The Maggi portfolio also includes Maggi Pazzta, Maggi sauces and Maggi coconut milk powder.
The company, which has its global headquarters in Switzerland, currently operates eight manufacturing facilities across states like Gujarat, Himachal Pradesh and Uttarakhand. Nestle India manages its operations through its head office in New Delhi and branch offices in Mumbai, Kolkata and Chennai. It has also established a research & development centre to support global product development initiatives.
The company's distribution network starts from its main warehouse, distributors, wholesalers and retailers across all states and Union Territories in the country. Retail outlets range from small grocery shops to supermarket chains, ensuring widespread availability of Nestle products.
In the last financial year, milk products and nutrition accounted for 40.6% of the turnover. Prepared dishes and cooking aids contributed 31.6%. Confectionery items contributed 15.8%, and powdered and liquid beverages made up 12% of the total turnover.
The company has over 4,000 suppliers, impacting the lives of over 2,00,000 farmers, retailers, vendors, distributors and others. It reaches consumers through a wide network of distributors, traditional and organised trade, e-commerce, canteen stores and pharmacies.
A Direct-to-Consumer (D2C) e-commerce platform, www.mynestle.in, was launched during FY23, offering Nestle products manufactured in India in select towns of the National Capital Region (NCR).
Nestle India Q3 FY26 Results
In Q3 FY26, Nestle India reported a net profit of ₹1018 crore compared to ₹696 crore in Q3 FY25, up by 46.2% on a YoY basis. In the last quarter, Nestle India’s net profit was ₹753 crore. Therefore, on a quarter-on-quarter (QoQ) basis, net profit rose by 35.12%.
During the quarter, Nestle India recorded a strong revenue of ₹5,667 crore vs ₹4780 crore in Q3 FY25. It reflects a revenue growth of 18.6% on a YoY basis. In Q2 FY26, the revenue was ₹5,644 crore. Therefore, on a quarter-on-quarter (QoQ) basis, it witnessed a revenue growth of 0.05%.
Nestle India’s EBITDA rose by 9% at ₹1,202 crore compared to ₹1,103 crore in Q3 FY25. The EBITDA margin dropped to 21.2%, compared with 23.1% in the same period last year.
Nestle India Financial Highlights
- Revenue: Nestle India reported revenue of ₹23,194.95 crore in FY26 vs ₹20,264.55 crore in FY25. It showed an increase of 14.46% on a yearly basis.
- Operating Profit: Nestle India reported an operating profit of ₹4,564.13 crore in FY26 vs ₹4,316.12 crore in FY25. It showed an increase of 5.75% on a year-on-year basis.
- Net Profit: Nestle India reported a net profit of ₹3,499.08 crore in FY26 vs ₹3,207.59 crore in FY25. It showed an increase of 9.09% on a yearly basis.
Nestle India Quarterly Result Highlights
- Nestle India reported revenue of ₹6,400.65 crore in Jun 2026, compared with ₹6,766.24 crore in Mar 2026, representing a decrease of 5.40% on a quarter-on-quarter (QoQ) basis.
- Nestle India reported an operating profit of ₹1,307.95 crore in Jun 2026, compared with ₹1,509.38 crore in Mar 2026, representing a decrease of 13.35% on a quarter-on-quarter (QoQ) basis.
- Nestle India reported a profit of ₹958.68 crore in Jun 2026, compared with ₹1,110.90 crore in Mar 2026, reflecting a decrease of 13.70% on a QoQ basis.
- The earnings per share (EPS) of Nestle India stood at ₹18.15 during Jun 2026.
