Nestlé India Limited

Key Financial Results - Standalone (Q2 FY2026-27)

Income Statement Highlights

  • Total Income: ₹6,808.6 crore (Q2 FY2027) vs ₹5,649.2 crore (Q2 FY2026) - 20.5% increase
  • Revenue from Operations: ₹6,788.3 crore (Q2 FY2027) vs ₹5,643.6 crore (Q2 FY2026)
  • Domestic Sales: ₹6,514.7 crore (Q2 FY2027) vs ₹5,411.0 crore (Q2 FY2026) - 20.4% growth
  • Export Sales: ₹267.4 crore (Q2 FY2027) vs ₹219.2 crore (Q2 FY2026)
  • Profit Before Tax: ₹1,399.4 crore (Q2 FY2027) vs ₹1,028.5 crore (Q2 FY2026) - 36.1% increase
  • Profit After Tax: ₹1,026.8 crore (Q2 FY2027) vs ₹753.2 crore (Q2 FY2026) - 36.3% increase
  • EPS: ₹5.32 (Q2 FY2027) vs ₹3.90 (Q2 FY2026)
  • EBITDA: ₹1,603.8 crore (Q2 FY2027) vs ₹1,232.7 crore (Q2 FY2026)

Half Yearly Performance (H1 FY2026-27)

  • Total Income: ₹13,209.3 crore (H1 FY2027) vs ₹10,749.5 crore (H1 FY2026)
  • Profit After Tax: ₹2,001.9 crore (H1 FY2027) vs ₹1,412.4 crore (H1 FY2026)
  • EPS: ₹10.38 (H1 FY2027) vs ₹7.32 (H1 FY2026)

Balance Sheet Position (Standalone as at 30th September 2026)

  • Total Assets: ₹14,383.8 crore vs ₹13,357.2 crore (31st March 2026)
  • Equity Share Capital: ₹192.8 crore (unchanged)
  • Other Equity: ₹5,770.1 crore vs ₹5,116.4 crore (31st March 2026)
  • Inventories: ₹2,818.6 crore vs ₹2,569.2 crore (31st March 2026)
  • Cash and Cash Equivalents: ₹1,705.4 crore vs ₹1,320.6 crore (31st March 2026)

Cash Flow Statement (Standalone H1 FY2026-27)

  • Cash from Operations: ₹2,258.4 crore
  • Cash used in Investing: ₹(387.6) crore (mainly capex of ₹468.7 crore)
  • Cash used in Financing: ₹(1,416.1) crore (including dividend payment of ₹1,349.8 crore)
  • Net Increase in Cash: ₹454.8 crore

Consolidated Financial Performance

  • Profit After Tax: ₹1,009.6 crore (Q2 FY2027) vs ₹743.2 crore (Q2 FY2026)
  • Consolidated EPS: ₹5.24 (Q2 FY2027) vs ₹3.86 (Q2 FY2026)
  • H1 PAT: ₹1,968.3 crore (H1 FY2027) vs ₹1,389.8 crore (H1 FY2026)

Exceptional Items

Q2 FY2027: ₹3.7 crore charge (details not specified in numerical tables)

Strategic Developments

  • Investment in Renewable Energy: The company entered into a Share Subscription Agreement dated 27th August 2026 to acquire a 26% equity stake in Radiance KA Sunshine Seven Private Limited by subscribing to 7,612,500 equity shares of ₹10 each. The purpose is to meet power requirements of manufacturing facilities and support sustainability objectives.

Business Performance Highlights from Press Release

  • Growth Drivers: Strong double-digit volume growth across all product groups
  • Advertising & Marketing Spend: Increased by 46% YoY
  • Product Group Performance:
  • Confectionery: Strong growth driven by KITKAT®, MUNCH®, and MILKYBAR®
  • Beverages: Volume-led growth across portfolio, premiumization in NESCAFÉ®
  • Prepared Dishes: MAGGI® noodles expansion through rural penetration
  • Milk Products: Broad-based growth with portfolio optimization
  • Pet Food: Double-digit growth with expansion in cat food segment
  • Channel Performance:
  • E-commerce: Strong growth led by Quick Commerce
  • General Trade: Robust double-digit growth across town classes
  • Out-of-Home: Growth through premium offerings and innovation
  • Exports: Maintained strong double-digit growth with portfolio expansion

Commodity Outlook

  • Coffee and wheat expected to remain range-bound
  • Sugar and edible oils stabilized at elevated levels
  • Cocoa remains volatile due to weather-driven crop concerns
  • Milk prices strengthened seasonally but expected to ease

Dividend Information

Dividend paid during H1 FY2027: ₹1,349.8 crore