Nestlé India Stock Forecast

Stock Price Forecast

According to 36 analysts polled by S&P Global, Nestlé India stock has a consensus rating of "Buy" and an average price target of ₹1,478. The average 1-year stock price forecast is 4.50% higher than the current stock price, while the lowest is ₹1,265 (-10.59%) and the highest is ₹1,675 (+18.39%).

Price Target: ₹1,478 (+4.50%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	₹1,265	₹1,478	₹1,467	₹1,675
Change	-10.59%	+4.50%	+3.65%	+18.39%

* Price targets were last updated on Apr 23, 2026.

Analyst Ratings

The average analyst rating for Nestlé India stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	8	8	9	8	8	10
Buy	5	5	5	5	4	8
Hold	14	14	13	13	14	12
Sell	7	7	7	7	7	5
Strong Sell	3	3	3	3	2	1
Total	37	37	37	36	35	36

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Latika Chopra J.P. Morgan	J.P. Morgan	Buy Maintains ₹1,500	Buy	Maintains	₹1,500	+6.02%	Apr 23, 2026
Unknown Analyst ICICI Securities No rating	ICICI Securities	Buy Maintains ₹1,575	Buy	Maintains	₹1,575	+11.32%	Feb 1, 2026
Unknown Analyst Axis Direct No rating	Axis Direct	Buy Maintains ₹1,500	Buy	Maintains	₹1,500	+6.02%	Feb 1, 2026

Financial Forecast

Revenue This Year

262.21B

from 231.13B

13.45%

from 231.13B

Revenue Next Year

292.13B

from 262.21B

11.41%

from 262.21B

EPS This Year

20.42

from 17.90

14.08%

from 17.90

EPS Next Year

23.74

from 20.42

16.27%

from 20.42

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2022	Dec 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	168.55B	191.26B	195.10B	201.49B	231.13B	262.21B
Revenue Growth	14.59%	13.48%	2.00%	3.28%	14.71%	13.45%
Gross Profit	89.90B	106.94B	108.63B	112.59B	126.12B	145.37B
Gross Margin	53.34%	55.91%	55.68%	55.88%	54.56%	55.44%
Operating Income	32.93B	40.82B	42.18B	42.01B	45.84B	53.57B
Net Income	23.91B	29.99B	31.96B	32.08B	34.99B	39.54B
EPS	-	-	-	-	17.90	20.42
EPS Growth	-	-	-	-	11.42%	14.08%
Forward PE	-	-	-	-	-	69.29
Dividend / Share	11.00	11.85	12.88	13.50	12.00	15.59
Dividend Growth	-	7.73%	8.69%	4.81%	-11.11%	29.94%
Free Cash Flow	18.14B	21.66B	-	1.57B	38.81B	40.46B
No. Analysts	-	-	-	-	-	34

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	272.9B
Avg	262.2B
Low	254.9B

Revenue Growth

Revenue Growth	2027	2028	2029
High	18.1%
Avg	13.4%
Low	10.3%

EPS Forecast

EPS	2027	2028	2029
High	22.10
Avg	20.42
Low	19.00

EPS Growth

EPS Growth	2027	2028	2029
High	23.5%
Avg	14.1%
Low	6.2%