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Net Sales are expected to increase by 10 percent Y-o-Y (down 5.2 percent Q-o-Q) to Rs. 1,245.7 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 8 percent Y-o-Y (up 3.4 percent Q-o-Q) to Rs. 2,691.2 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 6.2 percent Y-o-Y (up 5.8 percent Q-o-Q) to Rs. 2,753.1 crore, according to KR Choksey.
The company’s total income could rise by over 8 percent at Rs 2,554 crore versus Rs 2,363.5 crore.
Nestle India believes that double digit growth for the company would have been possible in June but goods and services tax (GST) seemed to have played a spoilsport. The management also sees more traction in coffee and dairy businesses.
Operating profit during the quarter is likely to rise 5.1 percent to Rs 469 crore and margin may expand 10 basis points to 19.8 percent compared with year-ago quarter, impacted by higher milk prices.
With underweight rating on the stock, Morgan Stanley sees downside risks to valuation if volume growth across the portfolio (including Maggi) lags any recovery in urban consumption growth.
Nestlé's profit is seen rising 24 percent year-on-year to Rs 227.5 crore and revenue may increase 15.5 percent to Rs 2,263 crore in the quarter ended December 2016, according to average of estimates of analysts polled by CNBC-TV18.
Nestle India's third quarter profit is expected to be at Rs 249 crore against Rs 124 crore in year-ago period, according to analysts polled by CNBC-TV18.
Net Sales are expected to decrease by 1.4 percent Q-o-Q (up 28.1 percent Y-o-Y) to Rs 2224 crore, according to Centrum.
Profit is expected to be at Rs 282 crore in Q2 against loss of Rs 64.4 crore in corresponding period of last fiscal, according to average of estimates of analysts polled by CNBC-TV18.
Net Sales are expected to up 23.6 percent Y-o-Y to Rs 2389.9 crore, according to Axis Securities
This period to be 'dawn after a dark night' for Nestle India, which is strongly emerging out of the noodle fiasco, says Suresh Narayanan, CMD of the company.
Sales decline may moderate in Q1CY16 due to few more Maggi variants released in the quarter. During the period, EBITDA may slip 27 percent at Rs 445 crore compared to Rs 610 crore while EBITDA margin is seen at 20.5 percent versus 24.2 percent year-on-year. EBITDA margin will be impacted by start-up costs of noodles.
Analysts will keep a keen watch on pick up in Maggi volumes in Q1CY16, pricing outlook in milk and nutrition products, quantum of price cuts to ramp up volumes and impact of Nepal blockade on exports.
Analysts expect Q3 to see full impact of absence of Maggi. Maggi is estimated to have had 20-25 percent contribution to revenue in the past.
Net profit is seen falling 8.3 percent year-on-year to Rs 264 crore and revenue is likely to decline 2.8 percent to Rs 2,363 crore during the quarter, according to the average of estimates of analysts polled by CNBC-TV18.
Credit Suisse has maintained underperform rating on the stock but increased target price to Rs 6450 per share.
Barclays remains underweight on it with a revised price target of Rs 4739, implying potential downside of 20 percent as it expects fundamentals to remain weak. According to the brokerage, Nestle needs a strong pick-up in urban consumption spend to revive growth in its largely urban-focused product portfolio
Total income from operations may increase 10.3 percent to Rs 2,603 crore in the quarter ended September 2014 compared to Rs 2,360 crore in corresponding quarter of last fiscal.
Operating profit is seen going up 10.8 percent to Rs 542 crore and margin may be flat at 22.6 percent compared to same quarter last year.
Persistent macro-economic challenges and weak demand will continue to weigh down heavily on the third quarter performance of the FMCG sector.
Motilal Oswal has come out with its earnings estimates for consumer sector for the quarter ended December 2012. The research firm feels the EBITDA is likely to grow by 21.3 percent led by margin expansion in Hindustan Unilever, ITC, Asian Paints, Nestle, GSK Consumer and Marico.
Fast moving consumer goods majors in India are expected to report strong double-digit earnings growth in Oct-Dec, helped by helped by a surge in demand during the festivals, price hikes taken by some companies during the quarter and decline in cost of several raw materials.
Angel Broking has come out with earning expectations for FMCG sector for the October-December quarter of 2012. The research firm expects 3QFY2013 to be a reasonably strong quarter for its FMCG universe with top-line and bottom-line growth coming in at 15.8 percent and 11 percent respectively.