AACCE Investments
ScreenerStocksIndicesPicksETFsBlogPricing

© 2026 ACCE Investments. All rights reserved.

ACCE Investments - Institutional-grade stock research for retail investors | BetaList
IndicesStocksETFsScreenerBlogGlossaryCompareMarket dataAdvisors
TermsPrivacyCookiesDisclaimerLegal noticeProfessional termsAboutContact
NESTLEIND.NS
ACCE-researched

Nestlé India Limited (NESTLEIND.NS) fair value

Consumer Defensive · Packaged Foods · NSE · India
₹1175.00-1.25%
Market cap ₹2.27TNext earnings 2026-10-15Updated Oct 24, 2026 · valuation updating
Our verdict
No fair value
We are missing the financial data our models need for this company. It will appear once the data arrives.
Not valued: there are no financial statements on file yet.
ACCE opinionNestlé India Limited (NESTLEIND.NS)
Fair value
Not available
ACCE price target
₹1140
Rating
Not rated
Horizon
12 months
ACCE price target published on 22 Oct 2026, 16:00 CEST.
Price used: ₹1175 at the close on 23 Oct 2026, 12:00 CEST.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Full methodology
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
ACCE score
55
out of 100
P/E
56.2x
forward 47.4x
1-year return
-7.7%
Dividend yield
1.01%

Nestlé India Limited in four questions

Plain answers, details below
Free accounts get 5 full stock pages a month, including the four answers.
OverviewAsk ACCEValuationQualityAnalystsSmart MoneyCompareNews and Record

Overview

ACCE thesis

Nestlé India makes Maggi noodles, Nescafé and Kit Kat, along with Cerelac and Nan infant nutrition, and it runs the category leadership in instant noodles and infant food in India. The moat is distribution and brand: a direct reach into millions of kirana stores that competitors have struggled to match, and a gross margin of 55.7% that signals real pricing power. Revenue growth of 20.3% is well ahead of what a defensive staples name usually delivers, and an ROE of 79.9% shows how little capital the business needs to compound. The stock trades at 56.3x trailing and 48.0x forward earnings, so the premium is steep and the thesis rests on sustaining volume growth and margin discipline rather than on any cheapness. It is worth a deeper look if you want exposure to Indian urban consumption at quality, provided you are comfortable paying for it.

AI-assisted·How I use AIWritten Oct 23, 2026
⚠ Investor warnings · 1 flagAI-assisted·How I use AI
  • moderate
    Rich valuation multiples
    P/E of 56.3 and EV/EBITDA of 39.2 leave little room for an earnings miss. Shares trade 3.1% above the ACCE price target of ₹1140.00.

AI research notes

AI-assisted·How I use AIWritten Oct 22, 2026 · figures from 2026-10-22 · prices to Oct 23, 2026
Why it could do well
  • Revenue grew 20.3% year over year, well ahead of its 6.6% average annual pace over five years.
  • Return on equity of 79.9% and a net margin of 16.0% show the business earns exceptional returns on the capital it uses.
  • Free cash flow of INR 36.6B over the last twelve months, with debt to equity at just 0.08, gives it a very strong balance sheet.
Why it could disappoint
  • At a trailing P/E of 56.3x and forward P/E of 48.0x, the shares already price in a great deal of future growth.
  • The price of ₹1175.00 sits 3.1% above the ACCE price target of ₹1140.00, so the shares look full on our numbers.
  • A dividend yield of 1.0% means little income cushions the stock if growth slows back toward its longer-run average.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.

Walk me through this stock

Plain-English pros, cons, and what to watch. Pro feature.

PRO

Ask ACCE

Valuation

INVESTOR
Where NESTLEIND.NS's valuation models land
Price
₹1175.00
Create a free account: 5 full stock pages a month, no card.

See what each model says, the assumptions behind it, the bad, normal and good cases, and why the fair value changed.

Quality

INVESTOR
Quality and conviction INVESTOR FEATURE

The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.

  • +A plain reason under every score
  • +Conviction breakdown and growth / value / quality / momentum scores
  • +Score history: how each score moved over time

Analysts

Wall Street consensus

No analyst coverage yet.
Analyst intelligence INVESTOR FEATURE

The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.

  • +Price-target low / average / high vs the current price, with implied upside
  • +Forward revenue and EPS consensus by fiscal year
  • +ACCE fair-value models lined up against the Street

Smart Money

PRO

In one line

Trades are only made public after a delay. We show the delay so you know how old the news is.

Company insiders
No trades filed
Last 90 days
Congress
No trades filed
Last 180 days
Average delay
No trades filed
From trade to public filing
Do politicians beat the market? Our backtest →
Smart money tracking PRO FEATURE

Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.

  • +Quarter-over-quarter institutional position changes
  • +Every insider and Congress trade, with how late it was disclosed
  • +Active 13D activist filings and top holders

Compare

Where it sits vs peers

News and Record

Recent performance

1 week
-7.2%
1 month
-15.3%
3 months
-18.6%
6 months
-17.3%
YTD
-9.3%
1 year
-7.7%

Recommendation history, last 12 months

DateTypeNewPreviousPrice
22 Oct 2026, 16:00 CESTACCE price target₹1140first publication₹1190

This analysis is not personalised investment advice and does not take your situation, objectives or risk tolerance into account. ACCE Investments is not an authorised investment firm.

Investing in shares carries a risk of losing capital. The value of an investment can go down as well as up.

This security trades in INR. Exchange-rate movements can increase or reduce the result in your own currency.

Valuation horizon: 12 months from the publication date.

Conflicts of interest. ACCE Investments is operated by Adrien Chantreuil, who may hold personal positions in the securities analysed. Positions are declared on each security. ACCE receives no payment from the companies analysed or from any intermediary for this analysis.

Get the full NESTLEIND.NS page, free

Every model, the scenarios, fair value history, AI notes and the four questions. 5 full stock pages every month on the free plan, no card.

Free accounts get 5 full stock pages a month, including the full page.

Snapshot

Growth88Value16Quality89Momentum25Total55
Valuation
Trailing P/E
56.2x
Forward P/E
47.4x
PEG
1.62
P/B
no data
EV / Revenue
no data
Book value/sh
no data
Enterprise value
no data
Profitability
ROE
79.9%
FCF yield
1.59%
ROIC
no data
Health and risk
Debt / equity
0.08
Dividend yield
1.01%
Beta
no data

Price

-8.3% · 1Y

Ask anything about NESTLEIND.NS

Answered from Nestlé India Limited fundamentals + recent valuations. Every number shows its source and date.

This stock Peer Peer median weaker → stronger
P/Ebetter than 20% of peers
low 0.0x56.2xhigh 60.7x
ROEbetter than 100% of peers
low -10%80%high 80%
Div yieldbetter than 17% of peers
low 1.0%1.0%high 6.9%

Peers

Prices Oct 23, 2026
CompanyPriceFair valuevs fair valueP/EROEQualityScore
NESTLEIND.NS Nestlé India Limited₹1175.00--56.2x79.9%8955
KHC The Kraft Heinz Company Common Stock$25.09$3630% below--8.8%4855
2802.T Ajinomoto Co., Inc.¥5046.00--35.1x18.5%6962
GIS General Mills Inc. Common Stock$35.18$5333% below--10.5%3834
ABF.L Associated British Foods plc£19.32£2524% below14.6x8.5%4447
BIMBOA.MX Grupo BimboMXN 59.94MXN 5116% above22.9x11.6%5556
SJM The J.M. Smucker Company Common Stock$133.39$15313% below60.7x3.9%5060

Sector report card

Where NESTLEIND.NS ranks against its sector peers on each metric.

Computing percentiles…