NESTLE INDIA LIMITED - Quarterly Result Update Q4'25

Nestle India Limited Q4 FY25 – Margins declined, in line with street’s estimates. Quarter ended March 2025 compared with Quarter ended March 2024. Net sales (including other operating income) of Nestle India has increased 4.49% to Rs5,503.88 crore. Operating profit margin has declined from 25.63% to 25.24%, leading to 2.88% rise in operating profit to Rs 1,388.96 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 41.00% to 41.87%. Purchase of finished goods cost rose from 2.27% to 2.96%. Employee cost increased from 9.23% to 9.32%. Other expenses fell from 21.90% to 21.07%. Other income fell 68.45% to Rs 8.44 crore. PBIDT rose 1.50% to Rs 1397.4 crore. Provision for interest up 43.13% to Rs 37.5 crore. Loan funds rose to Rs 3,915.47 crore as of 31 March 2025 from Rs 344.53 crore as of 31 March 2024. Inventories rose to Rs 2,850.14 crore as of 31 March 2025 from Rs 2,089.36 crore as of 31 March 2024. Sundry debtors were higher at Rs 363.15 crore as of 31 March 2025 compared to Rs 300.46 crore as of 31 March 2024. Cash and bank balance declined from Rs 778.85 crore as of 31 March 2024 to Rs 95.59 crore as of 31 March 2025. Investments rose to Rs 705.60 crore as of 31 March 2025 from Rs 463.87 crore as of 31 March 2024 . PBDT rose 0.69% to Rs 1359.9 crore. Provision for depreciation rose 41.09% to Rs 155.34 crore. Fixed assets increased to Rs 6,646.17 crore as of 31 March 2025 from Rs 5,201.96 crore as of 31 March 2024. Profit before tax down 2.90% to Rs 1,204.56 crore. Provision for tax was expense of Rs 319.15 crore, compared to Rs 316.41 crore. Effective tax rate was 26.50% compared to 25.30%. Profit after tax fell 5.22% to Rs 885.41 crore. Full year results analysis Net sales (including other operating income) of Nestle India has declined 17.19% to Rs 20,201.56 crore. Operating profit margin has declined from 23.86% to 23.63%, leading to 17.97% decline in operating profit to Rs 4,773.71 crore.