A well-known food and beverage firm with operations in India is Nestle India Ltd. The business is well-known in India thanks to its diverse portfolio of well-known brands, which includes Maggi, KitKat, Nescafe, and others. Due to its well-known brand and devoted customer base, Nestle India has consistently increased revenue and earnings over the years. Investors are avidly looking for investment opportunities in the stock market as the Indian economy shows indications of recovery. This article will provide a full examination of the share price target for Nestle India Ltd. from 2024 to 2030. Nestle India is anticipated to be one such appealing investment opportunity.
Nestle India Q3 FY24 Summary and Key Points:
Nestle India LTD Share Price Prediction 2024 T0 2030
Nestle India Share Price Target 2024
When | Maximum Price | Minimum Price |
April 2024 | 2,563.00 | 2,228.70 |
May 2024 | 2,525.12 | 2,195.76 |
June 2024 | 2,616.03 | 2,274.81 |
July 2024 | 2,589.87 | 2,252.06 |
August 2024 | 2,693.46 | 2,342.14 |
September 2024 | 2,801.20 | 2,435.83 |
October 2024 | 2,746.27 | 2,388.07 |
November 2024 | 2,856.13 | 2,483.59 |
December 2024 | 2,884.69 | 2,508.42 |
In 2024, Nestle India’s stock prices are expected to exhibit a generally upward trend, reflecting positive market sentiment and potential growth prospects. Starting in April, the maximum price of Nestle India shares is forecasted to reach ₹2,563.00, with a minimum price of ₹2,228.70. Over the subsequent months, including May, June, July, and August, incremental increases are anticipated, with the maximum price gradually rising to ₹2,693.46 by August, accompanied by a corresponding rise in the minimum price. By the end of December 2024, Nestle India’s stock is projected to reach a maximum price of ₹2,884.69 and a minimum price of ₹2,508.42, signaling steady growth and investor confidence in the company’s performance.
Nestle India Share Price Target 2025
When | Maximum Price | Minimum Price |
January 2025 | 3,173.16 | 2,440.89 |
February 2025 | 3,205.21 | 2,465.54 |
March 2025 | 3,272.52 | 2,517.32 |
April 2025 | 3,240.12 | 2,492.40 |
May 2025 | 3,145.74 | 2,419.80 |
June 2025 | 3,287.30 | 2,528.69 |
July 2025 | 3,222.85 | 2,479.11 |
August 2025 | 3,322.52 | 2,555.79 |
September 2025 | 3,362.39 | 2,586.45 |
October 2025 | 3,449.81 | 2,653.70 |
November 2025 | 3,536.06 | 2,720.05 |
December 2025 | 3,695.18 | 2,842.45 |
Nestle Share Price Prediction 2026 to 2030
NESTLE SHARE PRICE TARGET BY | Maximum Price | Minimum Price |
2026 | ₹4,255.98 | ₹2,738.81 |
2027 | ₹5,188.14 | ₹3,338.99 |
2028 | ₹6,325.06 | ₹4,070.69 |
2029 | ₹7,711.14 | ₹4,962.79 |
2030 | ₹9,400.96 | ₹6,050.28 |
The projected share price targets for Nestle demonstrate a progressive upward trend over the next five years. In 2026, the estimated maximum price is ₹4,255.98, while the minimum is ₹2,738.81, signaling potential growth opportunities for investors. This upward trajectory continues, with anticipated maximum and minimum prices reaching ₹9,400.96 and ₹6,050.28, respectively, by 2030, showcasing a positive outlook for Nestle’s market performance over the coming years. Investors may find these projections valuable in formulating their investment strategies based on the expected growth in Nestle’s share prices.
FINANCIAL STRENGTH OF NESTLE INDIA LTD (2019 TO 2023)
Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | |
Sales + | 12,369 | 13,350 | 14,741 | 16,897 | 18,783 |
Expenses + | 9,443 | 10,149 | 11,178 | 13,191 | 14,434 |
Operating Profit | 2,926 | 3,202 | 3,562 | 3,706 | 4,349 |
OPM % | 24% | 24% | 24% | 22% | 23% |
Other Income + | 247 | 146 | -112 | 107 | 227 |
Interest | 129 | 164 | 202 | 155 | 146 |
Depreciation | 370 | 370 | 391 | 403 | 419 |
Profit before tax | 2,673 | 2,813 | 2,857 | 3,256 | 4,011 |
Tax % | 26% | 26% | 26% | 27% | |
Net Profit + | 1,968 | 2,082 | 2,118 | 2,391 | 2,971 |
EPS in Rs | 20.42 | 21.6 | 21.97 | 24.79 | 31 |
Dividend Payout % | 168% | 93% | 91% | 89% |
Nestle India Ltd has been on a remarkable financial journey, consistently achieving growth in sales from 12,369 crores in December 2019 to an impressive 18,783 crores in December 2023. Despite a gradual uptick in expenses, the company has managed to maintain a healthy operating profit, reaching 4,349 crores in December 2023, though the operating profit margin experienced a slight dip. Other income displayed some fluctuations, notably recovering from -112 crores in December 2021 to a positive 227 crores in December 2023. Nestle India Ltd has consistently reported a profit before tax, reaching 4,011 crores in December 2023. The company’s net profit has shown steady growth, standing at 2,971 crores in December 2023, accompanied by a rise in earnings per share from 20.42 in December 2019 to a solid 31 in December 2023. Nestle India Ltd’s commitment to shareholder returns is evident in its declining dividend payout percentage, from 168% in December 2019 to a more sustainable 89% in December 2023, all while maintaining a relatively stable tax rate of 26-27%. This financial journey underscores Nestle India Ltd’s sustained growth, efficient cost management, and dedication to profitability and shareholder value.
FAQ’s
How has Nestle India Ltd’s sales performance evolved from 2019 to 2023?
Nestle India Ltd has demonstrated consistent growth in sales, increasing from ₹12,369 crores in December 2019 to an impressive ₹18,783 crores in December 2023.
What is the Share Price Prediction of Nestle India for 2030?
Nestle India is expected to trade in a range between ₹6,050.28 to ₹9,400.96 in 2030.
What is the trend in Nestle’s operating profit margin (OPM %) during the mentioned period?
While experiencing a slight dip, Nestle’s operating profit margin remained robust, fluctuating from 24% in December 2019 to 23% in December 2023.
How has Nestle India Ltd managed its expenses over the years?
Despite a gradual increase in expenses, Nestle effectively maintained a healthy operating profit, reaching ₹4,349 crores in December 2023.
How has Nestle’s profitability grown over the years, as reflected in net profit and earnings per share (EPS)?
Nestle’s net profit has shown steady growth, standing at ₹2,971 crores in December 2023, accompanied by a rise in EPS from ₹20.42 in December 2019 to a solid ₹31 in December 2023.
What is the dividend payout trend for Nestle India Ltd?
Nestle’s commitment to shareholder returns is evident in its declining dividend payout percentage, from 168% in December 2019 to a more sustainable 89% in December 2023.
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