Nestlé India (NESTLEIND) Q1 26/27 earnings summary

Executive summary

• Achieved 25.4% year-over-year sales growth in Q1 FY2026-27, driven by strong volume gains across all product groups.

• Profit after tax rose 47.9% year-over-year to INR 975.1 crore, with EBITDA margin at 24.2%.

• All four product groups and the Pet Food business delivered strong double-digit growth, with notable gains in e-commerce and rural distribution.

• Exports grew 35.6% despite geopolitical headwinds, and the company was accorded 4-Star Export House status.

Financial highlights

• Total sales for the quarter were INR 6,363.3 crore, up from INR 5,073.9 crore in Q1 FY2025-26.

• Domestic sales grew 25.0% year-over-year; export sales increased 35.6%.

• EBITDA for the quarter was INR 1,538.1 million, with a margin of 24.2%.

• Earnings per share (EPS) stood at INR 5.06, up from INR 3.42 in the prior year quarter.

• Profit before tax was INR 1,324.4 million after accounting for INR 62.3 million in exceptional charges.

Outlook and guidance

• Continued focus on operational cost savings and increased brand investments, with advertising spend up over 40%.

• Commodity markets expected to remain mixed; coffee well supplied, but cocoa and sugar under pressure due to weather and crop issues.

• Wheat and milk prices expected to be range-bound; protein complex faces inflationary pressure.