Nestle India share price today

Nestle India Ltd's share price was ₹1,248.00 at the close on 4 November 2026. It has been falling for 1 week. That is 7.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,167 and ₹1,540, and at that close it sat 22% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Nestle India Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 8 weeks running.

Over the last 11 years the share price moved +372% while the NIFTY 500 moved +249%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 11 September 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 9 quarters in a row (every quarter we can compare), profit up on a year earlier for 4 quarters in a row and highest quarterly revenue in 13 quarters.

1. Revenue up on a year earlier for 9 quarters in a row (every quarter we can compare)

   In the September 2026 quarter revenue was ₹6,788 crore, +20.3% on a year earlier.

2. Profit up on a year earlier for 4 quarters in a row

   In the September 2026 quarter profit was ₹1,027 crore, +36.4% on a year earlier.

3. Highest quarterly revenue in 13 quarters

   Revenue of ₹6,788 crore in the September 2026 quarter is the highest of the last 13 quarters.

For July to September 2026 (the quarter ended 30 September 2026), Nestle India reported revenue of ₹6,788 crore, up 20.3% from ₹5,644 crore a year earlier, and a profit of ₹1,027 crore, up 36.4% from ₹753 crore.

Nestle India results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

The newest call in our records is from 4 August 2026, about April to June 2026; a call about these results is not in our records yet.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Nestle India closed at ₹1,248.00 on 4 November 2026, down 1.2% from ₹1,262.70 a year earlier (7 November 2025) and up 32.1% over five years. Its highest weekly close since March 2016 was ₹1,540.00 on 7 August 2026.

Nestle India share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

564 weekly closes from 4 March 2016 to 4 November 2026.

4 Nov 2026: Nestle India closed at ₹1,248.00, up 6.9% on the week and down 4.6% on the month. Results for July to September 2026: Revenue up 20.3% and profit up 36.4% on a year earlier.

Earlier

• 4 Aug 2026: Nestle India held its results call for April to June 2026. Management guided: Volume-led growth across core brands and newer consumption occasions to continue over the medium term.
• 10 Jul 2026: ex-date for a special dividend of ₹2 a share.
• 10 Jul 2026: ex-date for a dividend of ₹5 a share.
• 6 Feb 2026: ex-date for an interim dividend of ₹7 a share.
• 8 Aug 2025: Bonus issue: 1 new share for every 1 held (ex-date).
• 5 Jan 2024: Share split: face value cut from ₹10 to ₹1 a share (ex-date).

Nestle India paid ₹12 a share in regular dividends in the 12 months to 5 November 2026 (2 payments), a yield of 0.96% at the ₹1,248.00 close on 4 November 2026. The last was a dividend of ₹5 a share, ex-date 10 July 2026.

Nestle India dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Nestle India Ltd paid out 65% of its profit as dividends in FY26, and it paid a dividend in each of its last 11 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 4 August 2026, Nestle India's management guided: Volume-led growth across core brands and newer consumption occasions to continue over the medium term.

“It is not the case that all spending is good spending. We are very conscious of that. Therefore, we would never hesitate to invest behind the brand as long as it gives us the right returns.”Manish Tiwary, on the call for April to June 2026

What management guided

• Rural growth to outpace urban growth as controlled reach expands.
• Cost-saving programmes to accelerate further this year and fund brand spending.
• Advertising support to continue based on ROI and ROAS, but recent quarterly pace not to persist.
• Margins to be maintained while brand spending continues, supported by efficiency programmes and lower overheads.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 4 August 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

What is changing at Nestle India, from the latest results and calls: operating leverage inflection, operating margin trough reversal, premiumization, ₹7,500 cr opportunity at 16% yearly growth and distribution depth, 5.3m to 6m outlets + rurban expansion.

• Distribution Depth, 5.3M to 6M outlets + RURBAN expansion. Distribution expanding toward 6 million outlets (from 5.3M); Odisha 10th factory adds capacity; RURBAN channel with 1,600+ women entrepreneurs deepening rural penetration. ⚠ estimate
• India Middle-Class TAM Expansion. 487 million middle-class consumers (expected 700M by 2030), penetration-led volume growth model directly benefits from this structural demographic expansion. ⚠ estimate

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Our read after the latest results, written 17 May 2026.

Coffee prices +75% on a year earlier and cocoa +40-50%, direct input cost inflation for Nescafe and KitKat/Munch; pricing power has limits as prior volumes were dented.

The main risks

• Coffee + cocoa commodity inflation sustained: Coffee prices +75% on a year earlier and cocoa +40-50%, direct input cost inflation for Nescafe and KitKat/Munch; pricing power has limits as prior volumes were dented. ✓ fact
• Tax rate normalisation to 25%: Effective tax rates below normalised 25%, normalisation could deliver a profit headwind of up to 15% per prior overlay analysis. ✓ fact
• Infant nutrition regulatory constraints: Milk nutrition category: media-dark, highly regulated, with limited marketing ability; ICMR guidelines and IMS Act constrain a structurally attractive category. ✓ fact
• Royalty agreement renewal overhang: Royalty agreement with Nestle SA was up for review in June 2024, resolution status and revised terms not confirmed in available data. ✓ fact

Our read after the latest results, written 17 May 2026.

When Nestle India reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Consolidated margins alongside brand spending - check maintenance through efficiency programmes and lower overheads.

Nestle India is on 2 of our India lists: Nifty 50 companies and 52 week high & low.

Nestle India Ltd earned ₹1,027 Cr of net profit in the Sep 2026 quarter, +36.4% on the same quarter a year earlier. That is the 4th quarter in a row of profit growth. Full-year Mar 2026 profit was ₹3,545 Cr. Over 11 years profit has grown 18.2% a year on average. That is 15.1% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹753 Cr.

For the full year, Mar 2026 profit was ₹3,545 Cr (+7.0% on the year before).

Why profit moved: revenue changed +20.3% on a year earlier and the margin moved +2.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +39.1% and revenue +21.7%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Nestle India Ltd reported ₹6,788 Cr of revenue in the Sep 2026 quarter, +20.3% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 11 years it has grown 9.9% a year on average. The last full year, Mar 2026, came in at ₹23,155 Cr.

Revenue is everything the company billed its customers in the period.

Why this happened. Distribution expanding toward 6 million outlets (from 5.3M); Odisha 10th factory adds capacity; RURBAN channel with 1,600+ women entrepreneurs deepening rural penetration.

The last four reported quarters add to ₹25,581 Cr.

Mar 2026 revenue was ₹23,155 Cr, +14.6% on the year before.

Recent pace: the last four quarters grew +21.7% on average, against 9.9% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +21.7%, against +13.7% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +38.1%, against +11.5% a year (accelerating).

Nestle India Ltd's operating margin was 24.0% in the Sep 2026 quarter, 2.0 percentage points higher than the same quarter a year ago. Across 11 years it has been between 19.0% and 24.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why this happened. The premiumization opportunity was identified in the Oct 2023 concall and reaffirmed in the Apr 2026 catalyst overlay: INR7,500 Cr addressable premium segment at 16% CAGR, quick commerce at 8.5% of sales growing 33%, and innovation contribution moving from 6.5% toward 10%. Because only one concall anchors this driver, it is tracked rather than a fresh four-quarter persistence claim. The strategic logic is sound for an MNC parent with a global R&D pipeline and India premiumization as a stated priority.

Why the margin moved: operating margin changed +2.0 percentage points on the year while gross margin changed +2.4 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 115% of Nestle India Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In Mar 2026 it brought in ₹5,048 Cr of operating cash against ₹3,545 Cr of profit. After ₹849 Cr of spending on assets, ₹4,199 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 115% of profit came in as cash: the cash cycle got 16 days shorter between FY20 and Mar 2026, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 2.0× depreciation over three years. The next section checks what that spending is building.

Nestle India Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −19 days in Mar 2026, down from −3 days in FY20. It spent ₹3,263 Cr on assets over the last 3 years. Customers take 5 days to pay, and stock sits for 105 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At Mar 2026 sales of ₹23,155 Cr, each day of that cycle ties up about ₹63.4 Cr, so roughly −₹1,205 Cr is tied up in the business at any time.

Mar 26: customers took 5 days to pay and stock sat for 105 days, about 3.5 months of sales sitting as stock, for a full cycle of −19 days, shorter than FY20's −3.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 105 days. Customers pay about 5 days after that. Suppliers are paid at 129 days. Together that makes the −19-day cycle.

Spending on assets: ₹3,263 Cr over the last 3 years, against ₹1,668 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹507 Cr (Mar 2026): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Nestle India Ltd's P/E is 59.7×, near the low end of its own history: it has been lower only 4% of the time. Its usual P/E (the middle reading) is 75.3×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Why this happened. The commodity inflation cycle that compressed Nestle India's OPM from 24-25% normalised to a 21% trough across Jun-Sep 2025 appears to be reversing. Mar 2026 OPM hit 26%, highest in the last 8 quarters, driven by coffee and cocoa cost abatement plus operating leverage on growing volumes. Full-year FY26 OPM is 23% vs FY25 24%, still 1pp below normalised, suggesting further recovery runway. The catalyst overlay estimates 4% PAT impact for this operating leverage inflection. The first-quarter evidence is the Mar 2026 data point; confirmation in Q1 FY27 would establish this as a multi-quarter trend.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹21.44.