Nestle India reports 36 percent profit growth as inflation weighs on Nestle India stock

Published on 10/19/2026 at 10:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Profit reached INR 1,026.77 crore in Q2 FY27, up 36.32 percent year over year. An INR 1,350 target was set for Nestle India stock.

Profit and valuation context

Nestle India reported INR 1,026.77 crore of profit for the September quarter on October 15, 2026.
Motilal Oswal kept a Neutral rating and an INR 1,350 target dated October 15, 2026.
EBITDA margin reached 23.80 percent in the second quarter of fiscal year 2026-27.

Nestle India, INE239A01016, Illustration mit AI erstellt.

Nestle India (ISIN INE239A01016) reported consolidated profit of INR 1,026.77 crore for the September quarter, up 36.32 percent from INR 743.17 crore a year earlier. Business Standard reported the result on October 15, 2026, while the quarter also brought higher food and commodity cost concerns.

What changed in the September quarter?

Revenue from product sales rose 20.45 percent year over year to INR 6,782.17 crore in the second quarter of fiscal year 2026-27. Advertising and marketing spending increased 46.00 percent, while EBITDA margin reached 23.80 percent, according to Moneycontrol on October 15, 2026.

The operating picture was broad based. Domestic sales increased 20.40 percent to INR 6,514.74 crore, while exports rose 22.00 percent to INR 267.43 crore during the September quarter.

Three results shaped the year

On April 21, 2026, Nestle India reported fiscal year 2025-26 revenue growth of 14.90 percent. On July 22, 2026, first-quarter revenue reached INR 6,378.00 crore and profit reached INR 958.70 crore, up 48.30 percent year over year. On October 15, 2026, second-quarter profit reached INR 1,026.77 crore, up 36.32 percent year over year, according to Alfa Finder and Business Standard.

Why valuation remains central

Motilal Oswal retained a Neutral rating and set a target of INR 1,350 in a report dated October 15, 2026. The broker cited a valuation of 52 times estimated fiscal year 2028 earnings and projected revenue, EBITDA and adjusted profit growth of 11.00 percent, 11.00 percent and 12.00 percent a year, respectively, through fiscal year 2029, according to Moneycontrol.

Stock context for German investors

Nestle India stock was quoted at INR 1,243.00 on the NSE on October 19, 2026 at 2:25 p.m. IST. The same market snapshot put the 52-week range at INR 1,159.40 to INR 1,553.00 and market capitalization at INR 2,396.9 billion. These figures place the quote 7.21 percent above the 52-week low and 19.96 percent below the 52-week high.

Nestle India is listed on the NSE under ticker NESTLEIND and operates in consumer staples, with food and beverage products at the center of its portfolio. The latest quarter therefore combines strong reported growth with a valuation that leaves less room for disappointment.