Nestle India Revenue Breakup 2024 – How Nestle Makes Money?

Nestle is a major player in the Indian packaged food and beverage industry. But have you ever wondered how Nestle India makes money? 

The company has been around forever. They have built a diverse portfolio of brands. In this article, we will find out Nestle India revenue breakup for 2024. We will also learn how many segments are there and which segment makes the most revenue. 

Quick Introduction

Nestle was established in the year 1905 because of the merger of the “Anglo-Swiss Milk Company”. Over the years, the company has shown significant growth. Today, it is a giant in the FMCG sector.

From dairy and nutrition products to beverages, prepared dishes, and confectionery, Nestle India’s products are a staple in Indian households. 

Nestle India Revenue Segments

The Nestle India Revenue Segments can be divided into 4 major categories:

• Milk Products & Nutrition
• Prepared Dishes and Cooking aids
• Confectionery
• Beverages

Let’s have a look at them in detail:

1. Milk Products & Nutrition

The milk and Nutrition segment has seen strong growth despite price fluctuations.

• The milk and nutrition segment accounts for 40.8% of total sales. It generates a revenue of ₹7,800 crores for the year 2023-24.
• The product range includes a wide variety of dairy products such as milk powders, dairy whiteners, etc.
• Major brands in this category are Nestle Everyday, Nestle a+, Cerelac, Lactogen, and NANPRo.
• This segment’s revenue share went up from 15.1% in 2018 to 18.6% in the year 2023, according to the nestlé India annual report 2023.

2. Prepared Dishes and Cooking Aids

The prepared dishes and cooking aids segment is another significant contributor to Nestle India's Revenue Breakup.

• This segment accounts for 30.5% of total sales with a revenue of ₹5,800 crores for the year 2023-24.
• Instant noodles, sauces, soups, and seasonings are popular products in this category.
• Major brands include Maggi Noodles, Maggi Sauces and Ketchup, and Maggi Soups.
• The revenue share saw growth as it increased from 8.9% in 2018 to 9.8% in 2023.

3. Confectionery

Confectionery is another successful revenue contributor for Nestle India. This segment saw a growth in revenue from last year.

• Confectionery accounts for 16.3% of total sales with a revenue of ₹3,100 crores.
• The product range includes chocolates, candies, and various treats.
• This segment witnesses more sales during the festivals when sweets are exchanged with loved ones.
• Major brands include KitKat, Munch, and Milkybar.
• The revenue share went up from 2.8% in 2018 to 3.6% in the year 2023 over the span of five years.

4. Beverages 

This refreshment segment includes various popular drinks and is a vital part of Nestle India’s Revenue breakup.

• The beverages revenue contribution stands at ₹2,400 crores representing 12.4% of total sales.
• The variety of products includes coffee and ready-to-drink beverages.
• The refreshment brands include Milo, Nescafe, and Nestea.
• The beverage segment's revenue share went up from 4.7% in 2018 to 7.7% in 2023.

Nestle India Financial Statements

*All the values are in INR. Cr

Basis	2019	2020	2021	2022	2024
Revenue	12,616	13,496	14,861	16,998	24,542
Profit	1,968	2,082	2,118	2,391	3,933
Net Worth	1,919	2,019	1,946	2,459	3,341

Analyzing the table, we conclude that Nestle India has shown steady growth from the years 2019 to 2024. Today, Nestle India’s revenue, profit, and net worth are at an all-time high because of its market strategies and the quality of its products. 

Ending Words

This Nestle India revenue breakup shows how the company makes money from different sectors. While all the sectors contribute significantly, the total sales from the Milk products and Nutrition sector remain the highest. 

Looking at the company's financials and fundamentals, it is bound to rise in the coming years. This has led Nestle India to become an attractive option for investors.

Similarly, ITC is another business that has been doing fairly well. Learn the specifics of the ITC revenue breakup 2024 and how this business makes money.