Nestlé India posts 25% Q1 revenue growth; Motilal Oswal keeps Neutral call

Nestlé India’s Q1 FY27 revenue rose 25% year-on-year, supported by domestic volumes, GST-led low-unit-price packs and 36% export growth. Motilal Oswal retained its Neutral rating and set a revised target price of Rs 1,525, citing elevated valuations and limited upside.

— Filed Thu, 23 Jul, 2026, 08:53 IST · Source NDTV Profit · Updated

Nestle India reported 25% YoY Q1 FY27 revenue growth, led by domestic volumes and GST-supported low-unit-price products. Motilal Oswal retained its Neutral rating, revising the target to Rs 1,525 while citing elevated valuations and limited upside.

Why this matters

The revenue update follows recent signals that Nestlé India’s Q1 profit rose 47.9%-48%, with demand and premiumisation supporting margins. Motilal Oswal’s Neutral call adds a valuation constraint despite the sales and profit momentum.

retail-company is accelerating, up 1,024,400% QoQ.