Growth Architect
It's been five years since Suresh Narayanan, Chairman and Managing Director, Nestle India, took over the ₹ 12,000-crore food major. His report card speaks for itself. The company has achieved an organic CAGR growth of 11 per cent in the last five years, operating margins have increased at a CAGR of 18 per cent, and net profit has risen 36.7 per cent. “In terms of return on capital invested, we were at 31 per cent in 2016 and we closed last year at a little over 90 per cent,” says Narayanan.
There is more to Narayanan’s success story. Nestle is a market leader in seven out of the eight categories it operates in, its attrition rate is a mere 3.5 per cent compared to 15 per cent in 2015, and its gender diversity ratio is at 22 per cent against 11
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