ECONOMY

Nestle India – Annual Report Analysis CY20: Dolat Capital

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Despite the magnitude and volatility of the Covid-19 Pandemic, Nestle India Ltd. delivered good sales growth of 8% in 2020. While in-home consumption categories (~85%) demonstrated strong growth; Out-of Home business was muted due to lockdown restrictions.

In its Annual Report 2020, Nestle India reinforced commitment to 5 P’s- Purpose, Planet, Partnerships, People and Performance; which helped the company navigate through unprecedented times.

The company’s continuous efforts to innovate new products and categories and high success rate compared to peers is the most encouraging prospect.

Click on the attachment to read the full report:

Nestle India (ARA CY20)_16-Apr-21.pdf

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