Martial G. Rolland - Chairman & Managing Director Shobinder Duggal - Finance & Control Pascal Fournier - Human Resources A. Ganesan - Sales Shivani Hegde - Food B. Kannan - Chocolates & Confectionery Roel Keus - Technical Sanjay Khajuria - Corporate Affairs Vineet Khanna - Supply Chain Virat Mehta - Communications B. Murli - Legal & Company Secretary G.G. Pillai - Additional Channels Rajkamal Sharma - Exports Gary Tickle - Infant Nutrition Ajoy Titus - Coffee & Beverages Mayank Trivedi - Shelf Stable & Chilled Dairy
M-5A, Connaught Circus, New Delhi - 110 001
Nestlé House, Jacaranda Marg, ‘M’ Block, DLF City, Phase II, Gurgaon - 122 002 (Haryana)
Spencer Plaza, 6th Floor, 769, Anna Salai, Chennai - 600 002 (Tamil Nadu) Tower “C”, 12th Floor, DLF IT Park, 08, Major Arterial Road, Block - AF New Town, Rajarhat, Kolkata - 700 156 (West Bengal) 1st Floor, ICC Chambers, Near Saki Vihar Telephone Exchange, Saki Vihar Road, Powai, Mumbai - 400 072 (Maharashtra) M-5A, Connaught Circus, New Delhi – 110 001
Citibank NA HDFC Bank Limited ICICI Bank Limited Standard Chartered Bank Punjab National Bank Deutsche Bank ABN Amro Bank N.V. State Bank of Hyderabad
Village Maulinguem (North), Bicholim Taluka - 403 504 (Goa) Ludhiana-Ferozepur Road, Near Kingwah Canal, Moga - 142 001 (Punjab) Industrial Area, Nanjangud - 571 301 Mysore District (Karnataka) P.O. Cherambadi - 643 205 District Nilgiris (Tamil Nadu) Patti Kalyana, Kiwana Road, Samalkha - 132 101 District Panipat (Haryana)
A.F. Ferguson & Co., Chartered Accountants, 9, Scindia House, Kasturba Gandhi Marg, New Delhi 110 001
Plot No. 294-297, Usgao Industrial Area, Ponda - 403 406 (Goa) Plot No.- 1, Sector No. -1A, Integrated Industrial Estate, SIDCUL, Pantnagar- 263145, District Udhamsingh Nagar (Uttarakhand) ANNUAL GENERAL MEETING
INVESTOR EMAIL ID.
firstname.lastname@example.org LISTING OF EQUITY SHARES (Listing Fees paid) The Bombay Stock Exchange Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001
Tuesday, 5th May, 2009 at 10.00 A.M. at Air Force Auditorium, Subroto Park, New Delhi - 110 010 Shareholders attending the AGM are requested to bring with them the enclosed ATTENDANCE SLIP.
NESTLÉ INDIA LIMITED
(Rs. in Million)
Dear Members, Your Directors have pleasure in submitting their report and the statement of accounts for the year ended 31st December, 2008.
Financial Results and Operations
(Rs. in Million) 2008 2007 43,351 35,131 Revenue from Operations# 7,822 6,302 Profit from Operations@ Net interest/financing income 214 159 Impairment Loss on Fixed Assets (Net) 3 12 Additional Employee Cost 753 Provision for Contingencies (Net) 305 (590) Provision for Tax 2,387 2,148 Net Profit 5,341 4,138 Profit Brought Forward 125 105 Amount transferred from 432 Share Premium Account* Amount transferred from 431 General Reserve* Balance Available for Appropriation 6,329 4,243 Interim Dividends 2,218 2,941 723 Special Dividend* Final Dividend Proposed 1157 241 Corporate Dividend Tax 696 522 Transfer to General Reserve 534 414 Surplus carried in Profit and Loss Account 1001 125 Key Ratios Earnings per Share (Rs.) 55.39 42.92 Dividend per Share (Rs.) 42.50** 33.00 # Excludes interest/financing income @ before impairments, additional Employee Cost, contingencies and net interest/financing income * Pursuant to the Scheme of Arrangement. ** Includes special dividend of Rs. 7.50 per share, paid under the Scheme of Arrangement.
The Profit from Operations for the year 2008 increased by 24.1% with margin improving to 18% from 17.9%, due to scale. Staggered price increases and cost optimisation initiatives contributed to offset steep increase in commodity prices like milk solids, green coffee, fuels and vegetable fat. Net Profit increased by 29.1% over...