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Nestle India Q4 Results: Stock at day's high ahead of earnings; Volume growth of up to 11% seen

Published on 21/04/2026 10:29 AM

Nestle India Q4 Results: Stock at day's high ahead of earnings; Volume growth of up to 11% seenIn earlier interactions with CNBC-TV18, the management of Nestle India had highlighted that 2026 will be a year of good volume-led growth for the company, and that they will continue to target margins between 22% and 24%.By Mangalam Maloo   |  Hormaz Fatakia   April 21, 2026, 10:29:12 AM IST (Published)2 Min ReadShares of Nestle India Ltd., the FMCG MNC company, have surged to the highs of the day on Tuesday, April 21, ahead of their results announcement for the March quarter.

According to a CNBC-TV18 poll, the company's revenue and Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) is likely to grow by 13.5% and 10% respectively, while margins may narrow by 70 basis points from last year. Margins may contract due to higher raw material costs.

The street's focus though will be on the company's volumes, with domestic sales volume anticipated to grow between 9% to 11%.

Nestle India is also likely to see benefits of the decline in Cocoa prices, but that could be offset by the inflation seen in milk and coffee.

Focus from the management commentary will be on the impact of unseasonal rains on the out-of-home (OOH) consumption and any potential supply disruption or higher logistics costs arising from the war in West Asia.

In earlier interactions with CNBC-TV18, the management of Nestle India had highlighted that 2026 will be a year of good volume-led growth for the company, and that they will continue to target margins between 22% and 24%.

The management also expressed confidence in the next ₹20,000 crore topline to come much faster than the last ₹20,000 crore.

Shares of Nestle India are trading 1.8% higher ahead of the results announcement at ₹1,309.2. The stock has risen 12% in the last one month, and is also near its 52-week high of ₹1,340.Continue ReadingTagsNestle IndiaNestle India earningsNestle India Q4Q4 resultsshare market today