{"id":142443,"date":"2023-02-22T02:14:52","date_gmt":"2023-02-22T07:14:52","guid":{"rendered":"https:\/\/44.250.171.167\/?p=142443"},"modified":"2023-02-22T02:14:53","modified_gmt":"2023-02-22T07:14:53","slug":"nestle-india-ltd-q4-fy22-earnings-conference-call-insights","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/nestle-india-ltd-q4-fy22-earnings-conference-call-insights\/","title":{"rendered":"Nestle India Ltd Q4 FY22 Earnings Conference Call Insights"},"content":{"rendered":"<p><strong>Key highlights from Nestle India Ltd (<a href=\"https:\/\/44.250.171.167\/symbol\/NESTLEIND\/\">NESTLEIND<\/a>) Q4 FY22 Earnings Concall<\/strong><\/p>\n<p><strong>Management Update:<\/strong><\/p>\n<ul>\n<li>[00:07:25] NESTLEIND said that in the past decade, 2022 was the year where it saw the highest organic growth at 14.8%.<\/li>\n<\/ul>\n<p><strong>Q&amp;A Highlights:<\/strong><\/p>\n<ul>\n<li>[00:50:30] Avnish asked about the growth of the confectionary and chocolates market in the last one year and where are the gains happening. Suresh Narayanan MD said that NESTLEIND\u2019s estimated growth of the market is about 10-12%.<\/li>\n<\/ul>\n<ul>\n<li>[00:56:04] Avnish enquired that in terms of ecommerce NESTLEIND seemed to be a bit lower than other companies in terms of percentage of domestic sales. Suresh Narayanan MD replied that e-commerce is being looked at as an important channel, but not the only channel for business. Companies are taking a strategic or tactical approach to e-commerce, which can destabilize the equation in terms of trading terms between e-commerce and traditional trade.<\/li>\n<\/ul>\n<ul>\n<li>[01:02:12] Tejas queried about if the current run rate of employee cost of about 9.7% as a percentage of sales is sustainable. Suresh Narayanan MD answered that if one is able to grow the business faster than employee cost, the percentage will decline over a period of time.<\/li>\n<\/ul>\n<ul>\n<li>[01:02:52] Tejas asked about the general license fees and royalty agreement with Nestle SA going forward. Suresh Narayanan MD said that it comes for renewal in 2024. NESTLEIND added that the logic of royalty has not changed. Also, brands, R&amp;D support, operations support are intrinsic parts of what the company has as an arrangement with Nestle S.A.<\/li>\n<\/ul>\n<ul>\n<li>[01:05:26] Avi asked about the domestic demand environment being robust. \u00a0Suresh Narayanan MD replied that all the quarters in 2022 have been double digit with underlying positive volume growth. Only 4Q was an issue and the company is coming out of it.<\/li>\n<\/ul>\n<ul>\n<li>[01:07:06] Avi enquired about the LUP price hike, if it\u2019s hurting rural expansion. Suresh Narayanan MD answered that there is no such things as 26% has gone up to 27% in a quarter when price increases are happening.<\/li>\n<\/ul>\n<ul>\n<li>[01:08:26] Avi asked about the INR2,600 crore capex, if it\u2019s all done and how much is remaining. David McDaniel CFO said that the INR2,600 crore number will exceed in the coming years. And a large number of the spend from that will be coming in the next two years.<\/li>\n<\/ul>\n<ul>\n<li>[01:09:36] Anand enquired if the LUP drag has been largely on the Chotu pack or across the parts of portfolio. Suresh Narayanan MD said that it was mainly in Chotu pack category. Looking at the growth in 3Q23, all categories other than noodles in tonnage have been quite strong.<\/li>\n<\/ul>\n<ul>\n<li>[01:13:58] Alok asked about the INR5,000 crores investment announcement in India made by global Nestle CEO, if it\u2019s incremental or for the plants. Suresh Narayanan MD replied that it will be invested in the next three years, which is excluding any mergers and acquisitions.<\/li>\n<\/ul>\n<ul>\n<li>[01:18:12] Rishi asked why the company hasn\u2019t seen double digit growth in last 6-7 years in infant nutrition. Suresh Narayanan MD answered that there has not been strong growth. NESTLEIND added that Ceregrow has been its fastest growing brand. So it\u2019s about re-calibrating and re-energizing the whole category.<\/li>\n<\/ul>\n<ul>\n<li>[01:21:57] Sheela asked about the rural growth trend and how satisfied NESTLEIND is with the trend. \u00a0Suresh Narayanan MD said that the growth has been encouraging despite the headwinds NESTLEIND has faced.<\/li>\n<\/ul>\n<ul>\n<li>[01:23:41] Sheela asked about the share of overall LUP vs. three years ago and its outlook. Suresh Narayanan MD replied that PPP is about a third of the portfolio. Going forward, the share of PPP will start to come down over a period of time.<\/li>\n<\/ul>\n<ul>\n<li>[01:25:41] Sheela enquired that on the NPD side, if the projects in the pipeline are more pertaining to millets or others. Suresh Narayanan MD answered that these are projects in the pipeline apart from millets. It\u2019s projects across categories.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Key highlights from Nestle India Ltd (NESTLEIND) Q4 FY22 Earnings Concall Management Update: [00:07:25] NESTLEIND said that in the past decade, 2022 was the year where it saw the highest organic growth at 14.8%. Q&amp;A Highlights: [00:50:30] Avnish asked about the growth of the confectionary and chocolates market in the last one year and where [&hellip;]<\/p>\n","protected":false},"author":1767,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"Nestle India Ltd Q4 FY22 Earnings Conference Call Insights #NESTLEIND #Q4 #FY22 #Earnings #Stocks","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9825,392,12],"tags":[10169,9723,8982],"class_list":["post-142443","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-call-highlights","category-earnings","category-other-industries","tag-earnings","tag-fmcg","tag-food-processing"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":128126,"url":"https:\/\/alphastreet.com\/india\/sanofi-india-ltd-q4-cy21-earnings-conference-call-insights\/","url_meta":{"origin":142443,"position":0},"title":"Sanofi India Ltd Q4 CY21 Earnings Conference Call Insights","author":"Praveen","date":"March 7, 2022","format":false,"excerpt":"https:\/\/youtu.be\/D2vfw6hB5RI Key highlights from Sanofi India Ltd (SANOFI) Q4 CY21 Earnings Concall Q&A Highlights: Vipul Shah of RippleWave Equity asked if the [analium] price impact already in 4QCY21 for Lantus. Rajaram Narayanan MD replied that the analium list has not been formally released. It is generally expected sometime in 1H22.\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":128628,"url":"https:\/\/alphastreet.com\/india\/hdfc-life-insurance-company-ltd-q4-fy22-earnings-conference-call-insights\/","url_meta":{"origin":142443,"position":1},"title":"HDFC Life Insurance Company Ltd Q4 FY22 Earnings Conference Call Insights","author":"Praveen","date":"April 27, 2022","format":false,"excerpt":"https:\/\/youtu.be\/OkH9KYjojDQ Key highlights from HDFC Life Insurance Company Ltd (HDFCLIFE) Q4 FY22 Earnings Concall Q&A Highlights: Suresh Ganapathy from Macquarie asked about the details of the 80 bp change in operating assumptions impacting margin. Niraj Shah CFO said that it\u2019s the seasonality assumptions the company had at the beginning of\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":130579,"url":"https:\/\/alphastreet.com\/india\/medplus-health-services-ltd-q4-fy22-earnings-conference-call-insights\/","url_meta":{"origin":142443,"position":2},"title":"MedPlus Health Services Ltd Q4 FY22 Earnings Conference Call Insights","author":"Praveen","date":"June 9, 2022","format":false,"excerpt":"https:\/\/youtu.be\/9lLLmPN__Yo Key highlights from MedPlus Health Services Ltd (MEDPLUS) Q4 FY22 Earnings Concall Management Update: MEDPLUS said it opened 288 stores in 4Q, the largest quarterly store openings in the company's history. The highest additions were in Tamil Nadu and Maharashtra of 65 and 60 respectively. MEDPLUS commented that it\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":170060,"url":"https:\/\/alphastreet.com\/india\/nestle-q1-fy26-earnings-results\/","url_meta":{"origin":142443,"position":3},"title":"Nestle Q1 FY26 Earnings Results","author":"Chirag Gupta","date":"August 12, 2025","format":false,"excerpt":"Nestle India Limited is a subsidiary of Nestle which is a Swiss MNC. The company operates in the Food segment. Presenting below are its Q1 FY26 earnings results. \u00a0 Q1 FY26 Earnings Results Revenue from Operations: \u20b95,096 crore, up 5.9% year-over-year (YoY) from \u20b94,814 crore in Q1 FY25. Net Profit\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Nestle Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/2-7.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/2-7.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/2-7.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/2-7.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/2-7.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/2-7.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":129597,"url":"https:\/\/alphastreet.com\/india\/neogen-chemicals-ltd-q4-fy22-earnings-conference-call-insights\/","url_meta":{"origin":142443,"position":4},"title":"Neogen Chemicals Ltd Q4 FY22 Earnings Conference Call Insights","author":"Praveen","date":"May 18, 2022","format":false,"excerpt":"https:\/\/youtu.be\/AmhcSh1aGlQ Key highlights from Neogen Chemicals Ltd (NEOGEN) Q4 FY22 Earnings Concall Management Update: NEOGEN said FY22 has been the best year in its history with highest level of growth in revenues at 69% in 4Q22 and 45% in FY22. Q&A Highlights: Anshul Verdia from Edelweiss asked that on the\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":130880,"url":"https:\/\/alphastreet.com\/india\/accuracy-shipping-ltd-q4-fy22-earnings-conference-call-insights\/","url_meta":{"origin":142443,"position":5},"title":"Accuracy Shipping Ltd Q4 FY22 Earnings Conference Call Insights","author":"Praveen","date":"June 29, 2022","format":false,"excerpt":"https:\/\/youtu.be\/p7b1aVNbuxM Key highlights from Accuracy Shipping Ltd (ACCURACY) Q4 FY22 Earnings Concall Q&A Highlights: Dipti Kothari from Kothari Securities enquired about the sharp increase in revenue YoY, while volume growth being only 14%. Vinay Tripathi MD said that the topline increased due to the freight rates increasing. Dipti Kothari from\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1767"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=142443"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/142443\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=142443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=142443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=142443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}