X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2017 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
Nestle's Q1 net surges 37% - Views on News from Equitymaster
 
 
  • PRINT
  • E-MAIL
  • FEEDBACK
  • A  A  A
  • Apr 25, 2000

    Nestle's Q1 net surges 37%

    Nestle India's net profit recorded 37% growth to Rs 281 million in Q1'2000,led by 16% value and 40% volume growth in the exports sales. over the corresponding previous quarter (Rs 205 million). Lower growth in the sales was due to flat domestic sales which is a reflection of price cuts in the coffee business in addition to the adjustment of stocks in the market pipeline.Decline in raw material cost of coffee accompanied by change in the policy of stock valuation enabled the company to increase its operating profit margins to 14.7%.

    Stringent working capital control enabled the company in reducing its interest cost by 50% to Rs 38 million in Q1' 2000 compared to Rs 76 million over the corresponding previous quarter.

    In the current year Nestle has launched UHT milk and extended the launch of Munch chocolate to other cities.A wider product portfolio coupled with revival of exports to Russia is expected to improve Nestle's profit growth quarter over quarter. Although the company has plan to enter the mineral water market by making an investment of Rs 1 billion nothing has been specified by the company in this area.

    (Rs m) 1QFY00 1QFY01 Change
    Sales 3401 3480 2.3%
    Other Income 15 28 86.7%
    Expenditure 2981 2967 -0.5%
    Operating Profit (EBDIT) 420 513 22.1%
    Operating Profit Margin (%) 12.3% 14.7%  
    Interest 76 38 -50.0%
    Depreciation 78 92 17.9%
    Profit before Tax 281 411 46.3%
    Other Adjustments 2 10 400.0%
    Tax 74 120 62.2%
    Profit after Tax/(Loss) 205 281 37.1%
    Net profit margin (%) 6.0% 8.1%  
    Earnings per share 2.1 3  
    (annualised)      

     

     

    Equitymaster requests your view! Post a comment on "Nestle's Q1 net surges 37%". Click here!

      
     

    More Views on News

    Nestle India: Sales Traction From New Products (Quarterly Results Update - Detailed)

    Nov 30, 2016

    Nestle India declared results for the quarter ended September 2016. Here is our analysis of the result.

    Nestle India: Sales Recovery Remains an Issue (Quarterly Results Update - Detailed)

    Oct 7, 2016

    Nestle India declared results for the quarter ended June 2016. Here is our analysis of the result.

    GSK Consumer: On the Recovery Path (Quarterly Results Update - Detailed)

    Jun 20, 2017

    While GSK consumer reported muted revenue growth, volumes are seen to be recovering.

    Apex frozen food Ltd. (IPO)

    Aug 21, 2017

    Should you subscribe to the IPO of Apex Frozen Foods Ltd?

    Nestle: Done Well to Regain its Share (Quarterly Results Update - Detailed)

    Jun 9, 2016

    Nestle announced its results for the quarter ended March 2016. The company's revenues declined by 9% YoY, while profits declined by about 19% YoY during the quarter.

    More Views on News

    Most Popular

    A 'Backdoor' to Multibaggers: It's Like Investing in Asian Paints Ten Years Ago(The 5 Minute Wrapup)

    Aug 10, 2017

    Don't miss these proxy bets on growing companies or in a few years you will be looking back with regret.

    The Most Profitable Investment in the History of the World(Vivek Kaul's Diary)

    Aug 8, 2017

    'Yes, it looks like a bubble. And, yes, it's like buying a lottery ticket. But there's something happening that has never happened before. It's an evolutionary leap in money itself.'

    Should You Invest In Bharat-22 ETF? Know Here...(Outside View)

    Aug 8, 2017

    Bharat-22 is one of the most diverse ETFs offered so far by the Government. Know here if you should invest...

    Signs of Life in the India VIX(Daily Profit Hunter)

    Aug 12, 2017

    The India VIX is up 36% in the last week. Fear has gone up but is still low by historical standards.

    Bitcoin Continues Stellar Rise(Chart Of The Day)

    Aug 10, 2017

    Bitcoin hits an all-time high, is there more upside left?

    More
    Copyright © Equitymaster Agora Research Private Limited. All rights reserved.
    Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.

    LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA or Canada, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.

    SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.

    Equitymaster Agora Research Private Limited. 103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
    Telephone: +91-22-61434055. Fax: +91-22-22028550. Email: info@equitymaster.com. Website: www.equitymaster.com. CIN:U74999MH2007PTC175407
     

    Become A Smarter Investor In
    Just 5 Minutes

    Multibagger Stocks Guide 2017
    Get our special report, Multibagger Stocks Guide (2017 Edition) Now!
    We will never sell or rent your email id.
    Please read our Terms

    NESTLE SHARE PRICE


    Aug 21, 2017 (Close)

    TRACK NESTLE

    NESTLE 8-QTR ANALYSIS

    Detailed Quarterly Results With Charts

    COMPARE NESTLE WITH

    MARKET STATS