Nestle India Ltd

Overview

• Board approved unaudited standalone and consolidated results for Q2 and H1 FY27.

Financial highlights

• Total Sales: INR 6,782.2 crore in Q2 FY27, up 20.5%.
• EBITDA margin: 23.8%.
• PAT: INR 1,026.8 crore; up 36.3% YoY.
• EPS: INR 5.32.
• Total sales growth: 20.5%; domestic growth: 20.4%.

Strategic developments

• Investments behind brands; advertising spend up 46%.
• To acquire 26% stake in Radiance KA Sunshine Private Limited.
• Radiance KA to establish a captive renewable energy plant.
• Awards: CII Food Safety & Quality Awards (Sanand, Ponda) and Nestlé Global Quality Award (Samalkha).

Operational highlights

• Confectionery and beverages posted volume-led growth; KITKAT, MUNCH, MILKYBAR momentum.
• E-commerce momentum; rural distribution expansion; Nestlé Professional growth.
• Digital tools: sales force app and data-enabled market insights.

Outlook / guidance

• Inflation pressures persist; focus on productivity, innovation, and brand investments to offset costs.

Governance

• Board approved results; press release issued; results prepared under Ind-AS.

SEBI window notice

• Inform shareholders of physical shares about SEBI's special window for transfer and dematerialisation.
• Newspaper ads published in Financial Express (Delhi and Mumbai) on 14 Oct 2026.
• References prior letter PKR:SG: 39:2026-27 dated 12 Aug 2026.
• Notice also uploaded on Nestlé India’s website.
• No financial impact disclosed.
• No governance changes or approvals indicated.

Meeting Details

• Board meeting scheduled on 15 October 2026 to consider unaudited quarterly and half-year results.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated Q2 and H1 results for the period ended 30 September 2026.

Other Notes

• Trading window closed from 1 October 2026 to 17 October 2026.

Event update

• Participated in JP Morgan India Conference on 21 September 2026 in Mumbai; no unpublished price-sensitive information shared.

Investor conference participation

• Nestlé India to attend JP Morgan India Conference on 21 Sep 2026 in Mumbai; no price-sensitive information shared.

One-on-one investor meeting

• One-on-one meeting with an institutional investor concluded in Mumbai.
• No unpublished price sensitive information was shared.
• Intimation of the meeting uploaded on Nestlé India's website.

Target overview

• Target: Radiance KA Sunshine Seven Private Limited, engaged in solar energy generation and sale in India.
• Industry: generation and transmission of renewable energy.

Investment terms

• FY26 turnover of Radiance KA: ₹15.8 crore.
• Total subscription: ₹7.61 crore for 76,12,500 shares.
• Post-acquisition ownership: 26% on fully diluted basis.
• Share count: 76,12,500 equity shares.
• Consideration: cash funded through internal accruals.
• Price per share: ₹10 par.

Timing & approvals

• Indicative completion: within 30 days from agreement execution.
• Regulatory approvals: not applicable.
• Purpose: captive renewable energy for Nestlé manufacturing facility.

Target background & history

• Target background: owns a 17.5 MW AC/26.25 MWp plant at Koppal, Karnataka.
• Incorporation: 2 August 2021.
• Turnover history: FY23-24 ₹17.09 crore; FY24-25 ₹15.76 crore.

Event update

• One-on-one meeting with an institutional investor scheduled for 31 August 2026 at 11:30 IST in Mumbai.
• Intimation uploaded on the company's website.