Nestle Pakistan Limited (NESTLE) financial ratios

Nestle Pakistan Limited earned a net margin of 8.7% in FY2025 against a five-year average of 8.7% (Food & Personal Care Products median 3.0%). Return on equity was 86.5%, compared with a sector median of 12.0%. The current ratio stood at 0.85× and debt was 15.2% of equity. Cash took about 39 days to cycle through receivables, inventory and payables.

FY2025 vs the Food & Personal Care Products median

Gross margin: 36.3%; Sector median 20.8%
Operating margin: 15.0%; Sector median 7.3%
Net margin: 8.7%; Sector median 3.0%
Return on equity (ROE): 86.5%; Sector median 12.0%
Return on assets (ROA): 19.4%; Sector median 4.5%
Current ratio: 0.85×; Sector median 1.21×
Debt to equity: 15.2%; Sector median 31.9%
Asset turnover: 2.24×; Sector median 1.30×
Dividend payout ratio: 146.5%; Sector median 8.4%

Median of the 25 companies in the sector with the figure for their latest fiscal year.

NESTLE financial ratios (annual) (Rs mn)
Rs mn	FY2025 Jan – Dec 2025	FY2024 * Jan – Dec 2024	FY2023 Jan – Dec 2023	FY2022 Jan – Dec 2022	FY2021 Jan – Dec 2021	FY2020 Jan – Dec 2020	FY2019 Jan – Dec 2019	FY2018 * Jan – Dec 2018	FY2017 Jan – Dec 2017	FY2016 Jan – Dec 2016	FY2015 Jan – Dec 2015	FY2014 Jan – Dec 2014	FY2013 Jan – Dec 2013	FY2012 Jan – Dec 2012	FY2011 Jan – Dec 2011	FY2010 * Jan – Dec 2010	FY2009 Jan – Dec 2009	FY2008 Jan – Dec 2008	FY2007 Jan – Dec 2007	FY2006 Jan – Dec 2006
Profitability
Gross margin	36.3%	36.0%	35.3%	30.5%	30.4%	29.3%	28.8%	32.2%	36.6%	35.4%	33.1%	28.3%	28.0%	27.2%	25.8%	27.0%	28.9%	26.2%	28.2%	28.4%
EBITDA margin	17.2%	16.4%	18.1%	17.8%	18.4%	16.2%	15.7%	18.7%	20.9%	20.2%	19.2%	18.0%	16.8%	16.6%	15.5%	15.8%	16.6%	11.4%	16.0%	14.8%
Operating margin	15.0%	14.3%	16.2%	15.4%	15.2%	12.7%	12.3%	15.6%	18.1%	17.0%	15.8%	14.6%	13.3%	13.9%	13.0%	13.3%	13.5%	8.0%	12.4%	12.0%
Pre-tax margin	14.9%	13.1%	14.5%	14.0%	13.5%	10.6%	9.2%	14.1%	17.2%	15.1%	12.2%	11.4%	9.4%	10.1%	10.0%	11.1%	10.2%	6.5%	9.0%	9.1%
Net margin	8.7%	7.7%	8.2%	9.3%	9.6%	7.5%	6.3%	9.6%	12.0%	10.5%	8.5%	8.2%	6.8%	7.4%	7.2%	5.2%	7.3%	4.5%	6.4%	6.2%
Effective tax rate	41.9%	41.4%	43.2%	34.0%	28.9%	29.4%	31.4%	31.6%	30.2%	30.4%	30.0%	28.0%	27.7%	26.5%	28.2%	52.5%	28.2%	30.3%	29.2%	32.0%
Returns
Return on equity (ROE)	86.5%	101.5%	201.6%	269.4%	266.2%	238.6%	202.2%	268.3%	217.8%	110.5%	69.4%	64.8%	50.1%	61.2%	70.8%	54.0%	68.2%	36.5%	54.4%	62.0%
Return on assets (ROA)	19.4%	16.3%	18.2%	20.2%	20.2%	14.1%	11.1%	18.5%	26.8%	23.7%	17.3%	15.2%	11.4%	13.6%	16.1%	13.0%	17.0%	9.5%	12.5%	12.5%
Return on invested capital (ROIC)	70.2%	60.0%	64.1%	60.4%	51.0%	35.3%	29.5%	45.3%	65.2%	52.1%	34.0%	27.4%	19.8%	23.3%	26.0%	19.4%	26.1%	16.9%	21.6%	22.5%
Liquidity
Current ratio	0.85×	0.84×	0.85×	0.77×	0.78×	0.70×	0.59×	0.67×	0.62×	0.59×	0.72×	0.66×	1.00×	0.84×	0.80×	0.85×	0.85×	1.07×	0.94×	0.89×
Quick ratio	0.41×	0.29×	0.35×	0.32×	0.28×	0.22×	0.19×	0.23×	0.20×	0.21×	0.29×	0.26×	0.49×	0.37×	0.30×	0.28×	0.74×	0.45×	0.87×	0.46×
Leverage
Debt to equity	15.2%	36.8%	171.8%	368.1%	415.9%	551.2%	947.1%	655.8%	469.7%	136.1%	114.8%	158.4%	216.3%	218.4%	224.2%	191.1%	192.3%	174.3%	166.6%	269.5%
Debt to capital	13.2%	26.9%	63.2%	78.6%	80.6%	84.6%	90.5%	86.8%	82.4%	57.7%	53.4%	61.3%	68.4%	68.6%	69.2%	65.7%	65.8%	63.5%	62.5%	72.9%
Debt to assets	3.4%	8.2%	18.6%	25.4%	34.4%	37.9%	47.2%	39.3%	37.3%	23.6%	29.5%	38.7%	49.1%	49.6%	48.5%	46.5%	45.8%	45.9%	43.2%	52.8%
Assets to equity	4.45×	6.22×	11.10×	13.34×	13.17×	16.95×	18.20×	14.50×	8.12×	4.66×	4.00×	4.25×	4.41×	4.49×	4.41×	4.15×	4.00×	3.83×	4.33×	4.96×
Efficiency
Asset turnover	2.24×	2.13×	2.21×	2.18×	2.11×	1.88×	1.75×	1.92×	2.24×	2.25×	2.04×	1.85×	1.67×	1.84×	2.23×	2.48×	2.33×	2.10×	1.96×	2.02×
Receivable days days	22	32	33	28	22	23	26	22	17	21	24	27	29	22	10	1	3	5	4	2
Inventory days days	86	100	95	84	80	87	95	86	70	59	58	54	55	56	53	32	26	27	24	46
Payable days days	69	68	62	55	53	64	79	80	62	39	29	24	18	14	11	24	30	29	33	—
Cash conversion cycle days	39	65	67	57	49	46	42	28	25	41	53	57	65	63	52	9	(0)	2	(5)	49
Dividends
Dividend payout ratio	146.5%	50.8%	74.0%	99.4%	90.9%	99.0%	93.7%	97.0%	99.1%	162.7%	46.6%	97.2%	96.6%	54.1%	63.1%	92.3%	90.5%	121.2%	25.1%	16.6%
Earnings retention rate	(0.46×)	0.49×	0.26×	0.01×	0.09×	0.01×	0.06×	0.03×	0.01×	(0.63×)	0.53×	0.03×	0.03×	0.46×	0.37×	0.08×	0.09×	(0.21×)	0.75×	0.83×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

NESTLE: frequently asked questions

What is NESTLE's EPS?

Nestle Pakistan Limited reported basic earnings per share of Rs 380.24 for FY2025 (Jan – Dec 2025). Over the trailing twelve months (TTM to Jun 2026) EPS was Rs 370.40.

What is NESTLE's P/E ratio?

At the closing price of Rs 6,991.08 on 16 Oct 2026, NESTLE trades at a P/E of 18.9× based on EPS of Rs 370.40 (TTM to Jun 2026).

Does NESTLE pay dividends?

Yes. Nestle Pakistan Limited declared a dividend of Rs 557.00 per share for FY2025. It has paid a dividend in each of the last 20 years. At Rs 6,991.08 that is a dividend yield of 8.0%.

What was NESTLE's revenue and profit in FY2025?

Nestle Pakistan Limited reported revenue of Rs 199.1 bn and profit attributable to shareholders of Rs 17.2 bn for FY2025 (Jan – Dec 2025).

What is NESTLE's book value per share?

Nestle Pakistan Limited's book value per share was Rs 468.98 at the end of FY2025. The shares trade at 16.14× book value.

Information only, not investment advice.