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NESTLEIND
Nestle India Limited is a subsidiary of Nestle which is a Swiss MNC. The company operates in the Food segment.
Business Overview
Nestle India a subsidiary of Nestle S A (holds 62% stake) is primarily involved in the Food business which incorporates product groups viz. Milk Products and Nutrition, Prepared dishes and Cooking aids, Powdered and Liquid Beverages and Confectionery. It owns brands such as NESCAFÉ, MAGGI, MILKYBAR, KIT KAT, BAR-ONE, MILKMAID, NESTEA etc.
India’s leading FMCG Player
It is among the top two players in most of its product categories, including milk products and nutrition, beverages, prepared dishes and cooking aids, and chocolate and confectionery. It has 10,000+ distributors and 5.2 million outlets.
Revenue Breakup 9M 2023
Milk Products And Nutrition (40%) - Dairy Products, Milk Powder, CEREGROW and Weaning foods
Prepared Dishes And Cooking Aids (32%) - Maggi, MAGGI Masala-ae-Magic, Sauces, Cereals
Confectionery (17%) - Kit Kat, Munch, Milkybar, Sugar confectionery
Beverages (11%) - Instant coffee
Geographic Wise
Domestic - 96%
Export - 4%
Manufacturing Facilities
It has 9 manufacturing facilities located in Moga (Punjab), Choladi (Tamil Nadu), Nanjangud (Karnataka), Samalkha (Haryana), Ponda (Goa), Bicholim (Goa), Pantnagar (Uttarakhand), Tahliwal (HP) and Sanand (Gujarat).
Capacity Expansion
Company is setting up its 10th Manufacturing facility in Odisha. Between 2020 and 2023, the Company has spent almost Rs. 2600 Cr and for 2023 to 2025 it has committed Rs 5000 Cr. Out of that Rs 900 to Rs 1000 Cr already in the Odisha factory has been committed.
Divestment
Approved slump sale of Nestlé Business Services Division of the Company to Purina PetCare India Private Limited, a related party for Rs ~80 Cr. NBS Division predominantly provides captive services to the Company across four End-to-End Services (Order to Cash, Source to Pay, Record to Report and Hire to Retire).#WatchOutFor#FundamentalViews#MacroViews#EquityResearch#PersonalFinance
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