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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 9.05% in the past year Substantial increase in net sales/revenue by 14.50%.
- Income over the Year and quarter: There has been decline in other income over the past year which is -20.6% Marginal decrease of -11.72% in other income during this quarter
- Profit over the Year and quarter: Significant improvement in profitability for Nestle India Ltd.. Notable increase of 26.81% in net profit Year to YearNestle India Ltd.’s profitability increased by 42.49% in this quarter.
- EPS over the Year and quarter: EPS declined by -87.32% Year to Year.EPS increased by 42.50%. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 4830.53 Cr | Rs. 4600.42 Cr | Rs. 5267.59 Cr | + 14.5% | + 9.05% |
| Expenses | Rs. 3735.05 Cr | Rs. 3505.3 Cr | Rs. 3918.77 Cr | + 11.8% | + 4.92% |
| Operating Profit | Rs. 1095.48 Cr | Rs. 1095.12 Cr | Rs. 1348.82 Cr | + 23.17% | + 23.13% |
| OPM % | 22.68 % | 23.8 % | 25.61 % | + 1.81% | + 2.93% |
| Other Income | Rs. 33.69 Cr | Rs. 30.3 Cr | Rs. 26.75 Cr | -11.72% | -20.6% |
| Interest | Rs. 37.01 Cr | Rs. 22.95 Cr | Rs. 26.2 Cr | + 14.16% | -29.21% |
| Depreciation | Rs. 101.7 Cr | Rs. 108.69 Cr | Rs. 108.87 Cr | + 0.17% | + 7.05% |
| Profit before tax | Rs. 990.46 Cr | Rs. 993.78 Cr | Rs. 1240.5 Cr | + 24.83% | + 25.24% |
| Tax % | 25.63 % | 26.04 % | 25.3 % | -0.74% | -0.33% |
| Net Profit | Rs. 736.64 Cr | Rs. 655.61 Cr | Rs. 934.17 Cr | + 42.49% | + 26.81% |
| EPS in Rs | Rs. 76.4 | Rs. 6.8 | Rs. 9.69 | + 42.5% | -87.32% |
Today, we’re looking at Nestle India Ltd.’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 9.05%. However, it did see a marginal increase of 14.5% from the previous quarter.Expenses ticked up slightly by 11.8% quarter-on-quarter, aligning with the annual rise of 4.92%. Operating profit, while up 23.13% compared to last year, faced a quarter-on-quarter increase of 23.17%, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.93%, but an expansion of 1.81% sequentially. Other income fell by -11.72% compared to the last quarter, despite an annual decline of -20.6%. Interest expenses surged remarkably by 14.16% from the previous quarter, yet the year-over-year decrease remains at a moderate -29.21%. Depreciation costs climbed by 0.17% quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.05%. Profit before tax grew annually by 25.24% but saw an increase from the preceding quarter by 24.83%.
Tax expenses as a percentage of profits decreased slightly by -0.33% compared to last year, with a more notable quarter-on-quarter decrease of -0.74%. Net profit rose by 26.81% year-on-year but experienced a 42.49% expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -87.32% but a quarterly rise of 42.5%. In summary, Nestle India Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 4830.53 Cr | Rs. 4600.42 Cr | Rs. 5267.59 Cr | + 14.5% | + 9.05% |
| Expenses | Rs. 3735.05 Cr | Rs. 3505.3 Cr | Rs. 3918.77 Cr | + 11.8% | + 4.92% |
| Operating Profit | Rs. 1095.48 Cr | Rs. 1095.12 Cr | Rs. 1348.82 Cr | + 23.17% | + 23.13% |
| Net Profit | Rs. 736.64 Cr | Rs. 655.61 Cr | Rs. 934.17 Cr | + 42.49% | + 26.81% |
| EPS in Rs | Rs. 76.4 | Rs. 6.8 | Rs. 9.69 | + 42.5% | -87.32% |
In reviewing Nestle India Ltd.’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62% year-on-year growth, however, there was a minor increase of 14.5% from the previous quarter. Expenses rose by 4.92% compared to the previous year, with a 11.8% increase quarter-on-quarter. Operating Profit surged by 23.13% annually, and saw a 23.17% increase from the last quarter.
Net Profit showed yearly increase of 26.81%, and experienced a 42.49% increase from the previous quarter. Earnings Per Share (EPS) fell by -87.32% annually, however rose by 42.5% compared to the last quarter. In essence, while Nestle India Ltd. exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
