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Nestle India Ltd
NSE:NESTLEIND

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Nestle India Ltd
NSE:NESTLEIND
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Price: 1 467.2 INR 1.89% Market Closed
Market Cap: ₹2.8T

EV/S

12.1
Current
8%
More Expensive
vs 3-y average of 11.2

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
12.1
=
Enterprise Value
₹2.7T
/
Revenue
₹231.5B

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
12.1
=
Enterprise Value
₹2.7T
/
Revenue
₹231.5B

Valuation Scenarios

Nestle India Ltd is trading above its 3-year average

If EV/S returns to its 3-Year Average (11.2), the stock would be worth ₹1 357.98 (7% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-87%
Maximum Upside
No Upside Scenarios
Average Downside
44%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 12.1 ₹1 467.2
0%
3-Year Average 11.2 ₹1 357.98
-7%
5-Year Average 11.3 ₹1 365.5
-7%
Industry Average 1.5 ₹185.58
-87%
Country Average 2.9 ₹348.66
-76%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
₹2.7T
/
Apr 2026
₹231.5B
=
12.1
Current
₹2.7T
/
Mar 2027
₹255.2B
=
10.6
Forward
₹2.7T
/
Mar 2028
₹282.9B
=
9.6
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close
Market Cap EV/S P/E
IN
Nestle India Ltd
NSE:NESTLEIND
2.8T INR 12.1 80.5
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 23 896.4 540 752.8
CH
Nestle SA
SIX:NESN
206.9B CHF 2.7 22.5
US
Mondelez International Inc
NASDAQ:MDLZ
75B USD 2.5 31.7
FR
Danone SA
PAR:BN
42.4B EUR 1.8 23.3
ZA
Tiger Brands Ltd
JSE:TBS
48.7B ZAR 1.3 12.8
US
Hershey Co
NYSE:HSY
38.1B USD 3.6 43.2
CN
Muyuan Foods Co Ltd
SZSE:002714
236.5B CNY 2.2 25.2
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
229.3B CNY 6.7 32.6
ZA
Avi Ltd
JSE:AVI
33B ZAR 2 12.8
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23B CHF 4.1 31.6

Market Distribution

Higher than 90% of companies in India
Percentile
90th
Based on 2 864 companies
90th percentile
12.1
Low
0 — 1.6
Typical Range
1.6 — 5
High
5 —
Distribution Statistics
India
Min 0
30th Percentile 1.6
Median 2.9
70th Percentile 5
Max 55 686.2

Nestle India Ltd
Glance View

Nestle India Ltd, a subsidiary of the global giant Nestle S.A., is a significant player in the fast-moving consumer goods (FMCG) market in India. Established in 1961, this company has woven itself intricately into the fabric of Indian households through a broad range of products, spanning categories like dairy, nutrition, beverages, and prepared dishes. With flagship brands like Maggi, Nescafé, and Cerelac, Nestle India has skillfully navigated the complexities of the Indian market, capitalizing on its deep understanding of local tastes and preferences. Their business strategy hinges on innovation and renovation of products, which enables them to adapt to the evolving palate and health consciousness of Indian consumers while tapping into the growing urban and rural markets. At the heart of Nestle India's business model is a robust supply chain that connects small farmers' produce to the consumer market seamlessly. By focusing on creating value across every link of this chain, the company ensures quality and affordability that resonate well with the consumer base. Nestle India makes money primarily through its four primary segments: Milk Products and Nutrition, Prepared Dishes and Cooking Aids, Beverages, and Chocolates and Confectionery. Each of these segments contributes significantly to the company's revenue, with Maggi noodles and Nescafé coffee standing out as iconic products. The company also places a strong emphasis on sustainability and community engagement, investing in initiatives related to nutrition, health, and wellness, further solidifying its presence in India's socio-economic landscape. Through a combination of strategic marketing, continuous product evolution, and community-centric initiatives, Nestle India continues to cement its place as a household name across the diverse Indian demographic.

NESTLEIND Intrinsic Value
391.15 INR
Overvaluation 73%
Intrinsic Value
Price ₹1 467.2
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