Nestle India Limited: History, Latest Updates, Milestones, Subsidiaries & Share Price

Nestle India Limited

Introduction

Nestle India Limited is the Indian subsidiary of Nestle .Nestle started its business in India in 1912 as “The NESTLÉ Anglo-Swiss Condensed Milk Company (Export) Limited''. After Independence of India, the company incorporated in India in 1959. Nestle produces milk products such as dairy whitener, condensed and toned milk, yoghurt, milk-based formula foods etc. Nestle also produces noodles, sauces, seasonings, pasta and ready to eat cereals, instant coffee and tea powders. It also produces ready to drink beverages and confectionery. Nestle India manufactures international quality products under popular brand names such as Necafe, Maggi, Milky Bar, Kit Kat, Bar One, Milkmaid and Nestea. Recently Nestle India has also introduced daily consumption products like Nestle Milk, Nestle Slim Milk, Nestle Dahi and Nestle Jeera Raita. Nestlé India also exports its products. Currently , Nestle India has its head Office at Gurgaon, India with 9 manufacturing units and 4 branch offices employing over 8000 people.

Currently, Nestle India Limited is owned by Nestle Group with 59.8% shareholding. Nestle India shares are traded on both NSE and BSE. Nestle India Limited share price can be checked at Enrich Money's stock analysis page.

Nestle India Moves In 2023:

February 2024

Nestle India has partnered with Social and Boss burger to launch a trial of Maggi Professional's plant-based meals. These menu options are available in The New Irresistible Menu.

Nestle India has planned to invest Rs.6000 crore - Rs.6500 crore by 2025. This investment amount is more than what Nestle has invested in India till its inception.

Nestle India has announced a dividend of Rs.7 per equity share. Currently, the face value of Nestle India share is Rs.1.

Nestle India has reported its Q4FY2023 results with a rise in net profit by 4.4% to Rs.655.6 crore.

January 2024

On 5th January 2024, Nestle India divided its stocks in 1:10 ratio. Hence, the Nestle India share price face value of Rs.10 will be split into 10 shares with Nestle India share price face value of Rs.1 per equity share.

November 2023

Nestle India has announced its second interim dividend of Rs.140 per equity share .

Nestle India is planning to go coal free and furnace oil free by next year as an initiative to reduce air pollution. The company is on the move to start plant-based protein product production. For the past 3 years, Nestle India has been plastic neutral by recycling its plastics.

October 2023

Nestle India released its Q3FY2023 results, in which the net profit of the company has grown to 37.3% on year-on-year basis to Rs.908 crore . Its consolidated revenue increased to 9.5% on a year-on-year basis to Rs.5036 crore. This is the first time that Nestle has reported in any of its quarters to cross Rs.5000 crore . Nestle India's EBITDA increased by 21.3% at Rs.1225 crore. It also recorded total sales growth of 9.4% with its domestic sales growth was 10.3%.

Nestle India has planned to increase its sales through online commerce platforms.

September 2023

Nestle India Limited introduced Nestlé a+ Masala millet as a new product offering aligning with the Indian government’s emphasis on promotion of millet as a sustainable food option.

August 2023

Internshala , a career tech firm partners with Nestle India to launch NESTERNSHIP 2023. Its aim is to involve young individuals actively by offering them into the FMCG sector.

July 2023

Nestle India has received approval to set up its 10th food processing unit at Odisha at an investment of Rs. 894.10 crore. This comes as a part of Nestle India's investment of Rs.4200 crore till 2025, to grow its presence in semi urban and rural areas through RURBAN strategy. NESmitra, a customer ordering app, is being used in RURBAN markets to enhance retailer-distributor connections.

Nestle India has changed its financial year from calendar year to April - March cycle.

Following this change, Nestle India has released its July results, where the company's net has risen by 36.86% of Rs 698.34 crore. Revenue from operations has risen to 15% on a year-on-year basis and domestic sales growth also grew to 14.6% on a year-on-year basis.

Evolution Of Nestle India: From Past to Present:

Year	Evolution
1912	The NESTLÉ Anglo-Swiss Condensed Milk Company (Export) Limited
1959	Company incorporated at New Delhi, India . Promoted by Nestle Alimentana S.A.
1961	First factory at Punjab.
1987	Installed a new Coffee factory at Nanjangud, Karnataka .
1989	Change of name from Food Specialities Limited to Nestle India Limited.
1990	Introduced Nestle premium chocolates
1993	Installed new cereal-based products factory at Samalkha
1994	Launched Cerelac, Soya, Milkmaid, Dessert mixes, Maggo Tonit’s special cooking bases, Maggi 1-2-3 noodles, Contadina snack dressing, chocolate items, bar one peanut, polo.
1995	Constructed a new kit kat factory at Goa. Installed noodles factory at Samalkha. Installed a new milo factory at Nanjangud.
1996	Launched Milo, instant dosa batter, sambar powder, pickles and Maggi soups in South India.
1997	Nestle India Limited became the largest producer of instant coffee.
1998	Nestle SA joint ventured with BM Khaitan under the name ‘ Nutritional Food Products India Ltd” and later amalgamated into Nestle India.
1999	Nestle India agreement with Campco to manufacture and supply chocolates and cocoa products.
2000	Launched ‘Pure Life’ and ‘San Pellegrina’ water bottle, Nestle Oure Milk, Nescafe Gold and Nescafe Gold Decaffeinated.
2002	Nestle Group increased its shareholding in Nestle India to 53.27%. Tied up with Nilgiris for co-branding purposes. Launched throat lozenges Acti -V. Nestle SA sold assets of Excelsia Foods to Parson Nutritional Private Limited.
2003	Rolled out ‘Nestle Development Nutritio Plan’. Launched Cerelac 123. Nestle Group increased its shareholding in Nestle India to 59.8%.
2004	Nestle India introduced ‘Sweet Lassi’.
2005	Launches new variant of Maggi.
2006	Initiates Uttaranchal unit
2009	Nestle India Board acquired Healthcare Nutrition Business of Speciality Food.
2010	Inaugurated New plant at Nanjangud. Signed India Pledge.
2011	New plant at Karnataka
2012	Nestle celebrates 100 years.
2013	Acquired 26% stakes in Indicon Agro and Allied Activities Private Limited. Nestle India exports noodles and sauces.
2014	Agreement signed with Magic Bus India Foundation.
2015	Resumed Manufacturing of Maggi after safety clearance test.
2016	Launched Nestle a+ GREKYO yoghurt, nestle a+ Pro-Grow, Nescafe Ready to Drink.
2017	Launched Nescafe Sunrise Insta filter. Supported Cause of Educating the Girl Child with Nanhi Kali. Tied up with Alibaba for marketing.
2018	Launched breakfast cereals, NesPlus
2019	Relaunched Milo.
2020	Launched Maggi Desh Ke Kiye 2 Minute -Ek Chhoti Si Koshish.
2022	Acquired Purina Pet Care India Private Limited’s Pet Foods business. Introduced NestlMilk, Nestle Slim Milk, Nestle Dahi, Nestle Jeera Raita.

Company Information
Name	Nestle India Limited
Founded year	28th March 1959
Founding Company	Nestle
Headquarters	Gurugram, Haryana , India
Industry	Food Processing
Current Managing Director	Mr. Suresh Narayanan
Major subsidiaries	Nil
Revenue	Rs. 15,050 crores in 2022
Geographical presence	India
NSE code	NSE: NESTLEIND NSE NIFTY 50 Constituent
BSE code	BSE: 500790 BSE SENSEX Constituent

Timeline Of Nestle India:

Year	Fact	Description
28th March 1959	Incorporated	Nestle India Limited
1961	Initiated	First production factory at Moga, Punjab.
1989	Set Up	New factory at Nanjangud, Karnataka
1990	New Business Entry	Nestle Premium Chocolate
1991	Joint Venture	With BM Khaitan group (soya-based products)
1995	Set Up	New facility at Ponda, Goa
1997	Set Up	New facility at Bicholim, Goa
2000	New Business Entry	Liquid milk and Iced Tea
2006	Set Up	7th factory at Pantnagar, Uttarakhand.
2011	Set Up	8th factory at Karnataka
2020	Invested	Rs.2600 crore on new plant at Gujarat
2021	Initiated	Production at Gujarat

Inside Nestle India: Exploring Subsidiary Ventures:

Nestle India

Corporate Action

Nestle India has announced a dividend of Rs.7 per equity share. Currently, the face value of Nestle India share price is Rs.1.
Nestle India has reported its Q4FY2023 results with a rise in net profit by 4.4% to Rs.655.6 crore.
On 5th January 2024, Nestle India divided its stocks in 1:10 ratio. Hence, the Nestle India share price face value of Rs.10 will be split into 10 shares with Nestle India Share Price face value of Rs.1 per equity share.
In November 2023, Nestle India announced its second interim dividend of Rs.140 per equity share .

Main News

Nestle India Ltd share price went up by 1.28% with last traded share price of Nestle Company is Rs. 2482.7 .

Nestle India has partnered with Social and Boss burger to launch a trial of Maggi Professional's plant-based meals. These menu options are available in The New Irresistible Menu.
Nestle India has planned to invest Rs.6000 crore - Rs.6500 crore by 2025. This investment amount is more than what Nestle has invested in India till its inception.
Nestle India is planning to go coal free and furnace oil free by next year as an initiative to reduce air pollution. The company is on the move to start plant-based protein product production. For the past 3 years, Nestle India has been plastic neutral by recycling its plastics.

Nestle Share Price NSE India Today

COMPANY NAME	SECTOR	SHARE PRICE LINK
Nestle India Limited	FMCG	Current Share Price of Nestle India

Achievements & Milestone:

Year	Milestones
1956	Founded Nestle India Limited
1961 - 1989	First industry at Moga, Punjab.(1961) Second industry at Choladi, Tamil Nadu (1967) Third industry at Nanjangud, Karnataka (1989)
1990 - 1993	Entered the confectionery business with Nestle Premium Chocolate. Fourth industry at Samalkha, Haryana (1993)
1995 - 1999	Launched Kit Kat (1995) Fifth & Sixth industry at Goa (1995 & 1997) Launched Nestle Growing Up Milk (1999)
2000-2005	Entered ultra heated liquid milk industry(2000) Launched Pure Life water bottles (2001) Launched Infant Nutritional goods (2004) Awarded Best Exporter of Instant Coffee to Russia and Far East Countries (2005)
2006-2008	Eighth industry at Pant Nagar, Uttarakhand.(2006) Awarded India Innovator (2007) Launched Nestle NAN 3 & Maggi Pichkoo (2008)
2010-2014	Acquired Specialty Foods India Private Limited Healthcare Nutrition business (1.1.2010) New facility at Karnataka (2011)
2015-2017	Ban on Maggi Noodles (2015) Awarded Twitter Aviator Award (2016)
2018-2019	Celebrated 35th anniversary (8.3.2018) Awarded Golden Peacock Occupational Health & Safety Award for Moga factory (2019)
2020	Award for Covid -19 Relief efforts in Business World Pure 2020
Year	Awards & Achievements
2023	Best Industry award for product innovation for millet mainstreaming.
2023	Food Company of the Year Award by IFSNSA

Conclusion

Nestle India always emphasizes on good values through its principle ‘Good Food Good Life’. Nestle India always places a high priority on improving operational efficiency. As a result, increasing sales, the profitability of working capital, cost of capital, duration of value growth and Nestle India share price have been continuously positive.

Even when the fluctuating market conditions impact Nestle India share price, its strong fundamentals make it an attractive investment option in the FMCG sector.

To gain more information on Nestle India's share price and its stock analysis, visit our stock analysis page. We provide the best trading app in India for beginners.

Frequently Asked Questions:

What is the Nestle India Share Price NSE?

You can check Nestle India Share Price on Enrich Money's stock analysis page.

What is Nestle India Share Price Today?

As on 16th February, 2024, Nestle India Share Price is Rs. 2487.65

Where to find Nestle India share price?

You can find the detailed information about Nestle India share price and its stock analysis at Enrich Money’s stock analysis page.

Where to find Nestle India share price prediction tomorrow?

You can find the future of Nestle India Share Price in the Enrich Money stock analysis page.

What is Nestle India share price target?

Considering bullish market trends, with favourable market conditions. The Nestle India share price is expected to potentially reach a bullish uptrend by the end of 2024. To gain live insights on Nestle India Share Price future , login to Enrich Money.

What is the 52-week low and high of Nestle India share price?

52 weeks low and high of Nestle India share price is Rs. 2448.60 and Rs. 2490.50

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