Preview: Nestle India slips ahead of quarterly results; analysts flag input cost pressure

Nestle India

15/10/2026 06:05

** Nestle India NEST.NS down 0.62% at 1,374.9 rupees ahead of second-quarter results
** Analysts expect strong sales and volume growth, but flag higher costs 
** Kotak Institutional Equities expects revenue to rise 20% y/y and domestic tonnage about 15%, but forecasts gross margin falling 160 bps sequentially to 55.7%
** Says higher packaging, palm oil, sugar and dairy costs are likely to weigh on gross profitability
** Systematix forecasts revenue growth of 21%, driven by volume growth of about 12% and an 8% contribution from pricing and product mix
** Flags higher input and advertising costs, but expects EBITDA margin to expand 83 bps y/y to 22.7%
** NEST rated "hold" on average by 35 analysts, median PT at 1,597.50 rupees - LSEG compiled data
** YTD stock up 7.07%

 (Reporting by Surbhi Misra in Bengaluru)
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