Nestle India Q4FY22 Preview: Sales seen at Rs38,130 million, PAT at Rs5,726 million

16 Feb 2022 , 02:13 PM

Result date: 17th February, 2022

Recommendation: Add

Target price: Rs21,650

(Source: IIFL Research)

Nestle India is likely to post a good set of numbers in Q4FY22. Company’s sales may gain by 11.6% YoY. Company’s EBITDA could increase 11.8% as compared to the year ago quarter. PAT is likely to come in higher by 57% YoY to Rs5,526 million.

Volume growth during the quarter is expected to remain weak, impacted by price hikes by the company to counter the strong cost headwinds.

Rs. Million	December 2021 estimates	YoY Change
Sales	38,130	11.6%
EBITDA	8,502	11.8%
Net Profit	5,726	22.7%

Source: Company, IIFL Research