Patanjali Foods Ltd (PATANJALI) — Share Price, Financials & Ratios

Key Fundamentals

MidcapFMCG ProductsFMCG

Market Cap

₹45,254 Cr

Volatility

Moderate

P/E Ratio

24.72

EBITDA

₹1,554 Cr

Return on Equity

1.75%

Debt to Equity

0.07

Book Value

₹120.36

EPS

₹25.98

52W High

₹653.93

52W Low

₹408.15

Technical Indicators

Key Insights

Strengths

2

Company has delivered good profit growth of 24.3% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 25.7%

Weaknesses

5

Stock is trading at 3.44 times its book value
Tax rate seems low
Company has a low return on equity of 12.3% over last 3 years.
Company might be capitalizing the interest cost
Promoter holding has decreased over last 3 years: -12.6%

Growth Rate

Revenue Growth

17.15% ↗

Net Income Growth

29.77% ↗

Cash Flow Change

-12.52% ↘

ROE

553.71% ↗

ROCE

-1555.05% ↘

EBITDA Margin (Avg.)

-36.47% ↘

AI Analysis — Bull vs Bear

anthropic

claude-opus-4.6 2d ago

HOLD

Risk high

Patanjali Foods shows strong profit growth of 24.3% CAGR over 5 years and TTM sales growth of 18%, but the stock has declined 23% in the past year, trades at 3.51x book value with a modest 3-year ROE of only 12%, and promoter holding has fallen 12.6% over 3 years. The unanimous buy ratings from 4 analysts provide some comfort, but valuation and governance concerns warrant caution.

Bull Case 8

Strong 5-year compounded profit growth of 24.3% CAGR demonstrates consistent earnings expansion
TTM sales growth of 18% indicates accelerating top-line momentum in recent quarters
TTM profit growth of 55% shows significant margin expansion and operating leverage
100% of analysts (4 out of 4) have a buy rating on the stock
Healthy dividend payout ratio of 25.7% with current yield of 0.83% provides income support
Last year ROE improved to 16% from the 3-year average of 12%, signaling improving capital efficiency
Market cap of Rs 45,787 Cr provides reasonable liquidity and institutional interest
10-year stock CAGR of 51% demonstrates long-term wealth creation track record

Bear Case 8

Stock has declined 23% over the past 1 year, significantly underperforming the broader market
Promoter holding has decreased by 12.6% over last 3 years, raising governance concerns
3-year ROE of only 12% is below par for a leading FMCG company where peers deliver 20%+
Trading at 3.51x price-to-book value is expensive given the modest return on equity profile
PE ratio of 25.3x is not cheap for a company with only 12.3% 3-year average ROE
Company might be capitalizing interest costs, potentially overstating reported profits
Low tax rate raises questions about the sustainability of reported earnings
3-year and 5-year stock CAGR of just 2% each shows prolonged period of no shareholder returns

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

anthropic

claude-opus-4.6 1d ago

Headwinds 6

GST notice demanding ₹1,353 Cr May 27

Patanjali Foods received a GST notice demanding Rs 1,352.92 crore plus penalty for FY 2022-23. The firm disputes the claim and plans to respond.
Fresh GST SCN ₹72.55 Cr penalty Jun 02

Separate show cause notices demand Rs 4.07 crore tax and Rs 72.55 crore penalty for FY 2022-23, adding to regulatory overhang.
Sorghum Flour sale ban order Jun 21

Food Safety Officer in Kannur issued a prohibition order on a Sorghum Flour batch due to pesticide residues. Company says no material financial impact.
Dual FDA and HC scrutiny Jun 11

Maharashtra FDA issued notice over promotional claims on Karela Jamun Juice with possible recall, while Bombay HC proceedings continue over misleading Ayurvedic labelling.
EBITDA margin pressure at 4.48% May 28

Q4FY26 EBITDA margin compressed to 4.48% as COGS rose 294 bps YoY, driven by palm oil prices up ~20% and soya oil up 23% during Jan-Mar 2026.
Rural demand stress in FMCG Jun 24

Management flagged it is monitoring rural demand stress in its FMCG business, which could weigh on near-term volume growth.

Positives 7

FY26 profit surges 39.5% to ₹1,814 Cr Jun 05

FY26 net profit rose 39.5% YoY to Rs 1,814.47 crore on revenue of Rs 40,169.58 crore (up 19%), marking the company's highest-ever annual revenue.
Q4 profit jumps 46% to ₹524 Cr May 28

Q4FY26 net profit surged 46% YoY to ₹524 crore on revenue of ₹11,156 crore (up 15.1%), driven by edible oils growing 23% YoY to ₹8,324 crore.
₹1 lakh Cr revenue target, 25% growth Jun 02

Baba Ramdev announced a target of ~25% growth and becoming a ₹1 lakh crore company in 3-5 years, with palm plantations potentially adding ₹2,000-2,500 crore EBITDA.
GST ₹1,353 Cr demand dropped Jun 13

GST authority dropped the Rs 1,352.92 crore demand proceedings for FY 2022-23, removing a major contingent liability overhang.
Palm plantation up 24% to 1.11L ha May 28

Oil palm cultivated area grew 24% YoY to 1.11 lakh hectares across 12 states, targeting 5 lakh hectares with potential 18-20% EBITDA margins vs 3-5% in traditional oils.
FMCG up 20%, biscuits cross ₹1,907 Cr May 28

FMCG segment revenue rose ~20% to ₹11,188 crore in FY26. Biscuit revenue crossed ₹1,907 crore (up 16%), with Doodh biscuit now a ₹1,300 crore+ brand.
Global expansion to 150 countries Jun 02

Products now present in ~70 countries with a target of 150. Exports reached ₹187.8 crore in FY26 across 37 countries.

Neutral 5

Block trades signal institutional moves Jun 17

Two block trades executed — ₹24.63 crore at ₹421.30/share on Jun 17 and ₹22.22 crore at ₹442.75/share on Jun 3 — indicating large-investor repositioning.
26% stake encumbered for lender Jun 15

Patanjali Ayurved disclosed a Non-Disposal Undertaking on 28.29 crore shares (26% stake) in Patanjali Foods to secure lender financing.
₹5 Cr invested in subsidiary Jun 19

Patanjali Foods invested ₹5 crore in Contemporary Agro Private Limited via 50 lakh zero percent redeemable preference shares through a rights issue.
12-15% EBITDA growth target by FY27 Jun 24

Company plans to maintain edible oils guidance while targeting 12-15% EBITDA growth by FY27, with edible oil volume growth guided at 3-5% and food portfolio at 8-10%.
Board approved ₹3.50 total dividend Jun 05

Board approved second interim dividend of ₹1.75/share, taking total FY26 dividend to ₹3.50 per share.

TL;DR: Patanjali Foods delivered a strong FY26 with record revenue of ₹40,170 crore and 39.5% profit growth, powered by edible oils and a fast-scaling FMCG portfolio. Key risks include persistent margin pressure from commodity inflation, multiple regulatory actions on product quality and labelling, and rural demand stress. The GST demand of ₹1,353 crore being dropped is a significant positive that removes a major overhang. The forward outlook is constructive given the ambitious ₹1 lakh crore revenue target and high-margin palm plantation expansion, though execution on margins and regulatory compliance remains the key monitorable.

Quarterly Results

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales	7,873	7,767	7,822	7,911	8,228	7,177	8,102	8,997	9,692	8,766	9,777	10,484	11,156
Expenses	7,547	7,599	7,427	7,567	7,851	6,767	7,639	8,439	9,176	8,445	9,225	10,049	10,710
Operating Profit	326	169	395	344	377	410	463	558	516	321	552	435	445
OPM %	4%	2%	5%	4%	5%	6%	6%	6%	5%	4%	6%	4%	4%
Other Income	90	43	24	47	120	25	31	24	53	13	51	27	-112
Interest	24	25	24	25	116	19	20	20	25	24	35	35	36
Depreciation	43	68	60	60	81	57	56	70	85	62	63	62	62
PBT	349	120	335	306	300	359	417	491	458	249	505	365	236
Tax %	25%	27%	24%	29%	31%	27%	26%	24%	22%	27%	-2%	-63%	-122%
Net Profit	264	88	255	217	206	263	309	371	359	180	517	594	524
EPS in Rs	2.43	0.81	2.34	1.99	1.9	2.42	2.85	3.42	3.3	1.66	4.75	5.46	4.82

Show % Change

Figures in ₹ Crores

Profit & Loss

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Sales	28,308	27,692	18,527	11,994	12,729	13,118	16,319	24,205	31,525	31,742	34,157	40,170
Expenses	27,726	27,614	19,202	17,042	12,603	12,712	15,362	22,715	30,231	30,435	32,200	38,416
Operating Profit	582	79	-675	-5,047	126	406	957	1,491	1,294	1,307	1,957	1,753
OPM %	2%	0%	-4%	-42%	1%	3%	6%	6%	4%	4%	6%	4%
Other Income	169	114	138	34	96	7,501	64	79	290	220	132	-21
Interest	522	1,297	938	857	7	113	373	358	245	198	95	130
Depreciation	148	160	156	140	138	136	133	137	160	269	268	248
PBT	81	-1,264	-1,630	-6,010	77	7,658	514	1,074	1,179	1,060	1,726	1,354
Tax %	24%	-16%	-23%	-7%	0%	0%	-32%	25%	25%	28%	25%	-34%
Net Profit	61	-1,062	-1,257	-5,573	77	7,672	681	806	886	765	1,301	1,815
EPS in Rs	0.61	-10.59	-12.54	-55.6	0.77	86.45	7.67	9.09	8.16	7.05	11.98	16.68
Div. Payout %	9%	0%	0%	0%	0%	0%	0%	18%	24%	28%	28%	21%

Show % Change

Figures in ₹ Crores

Balance Sheet

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	67	65	65	65	65	59	59	59	72	72	72	218
Reserves	2,139	2,408	958	-4,614	-4,543	3,312	4,003	6,112	9,774	10,133	11,299	12,880
Borrowings	3,646	5,252	5,208	7,227	7,916	3,614	3,660	3,696	1,454	1,049	788	2,789
Other Liabilities	8,012	8,727	7,024	5,042	4,500	883	1,286	1,613	1,943	2,008	3,359	2,917
Total Liabilities	13,863	16,452	13,256	7,721	7,937	7,868	9,009	11,480	13,244	13,262	15,518	18,803
Fixed Assets	2,381	5,637	5,502	5,358	5,224	5,070	4,954	4,900	5,148	4,963	5,516	5,323
CWIP	100	42	29	28	27	25	27	28	80	101	95	51
Investments	282	146	89	51	31	20	30	42	38	1,041	223	124
Other Assets	11,100	10,628	7,636	2,284	2,655	2,752	3,997	6,510	7,978	7,157	9,684	13,305
Total Assets	13,863	16,452	13,256	7,721	7,937	7,868	9,009	11,480	13,244	13,262	15,518	18,803

Show % Change

Figures in ₹ Crores

Cash Flow

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Operating	-508	-90	577	882	240	-61	241	724	-339	1,746	198	-333
Investing	23	25	106	-70	-112	-26	-42	-1,562	526	-912	-36	-851
Financing	453	77	-671	-856	-7	82	-307	1,167	241	-1,100	-611	1,680
Net Cash Flow	-32	12	12	-45	121	-4	-108	329	428	-266	-449	497
Free Cash Flow	-650	-141	571	884	233	-80	220	690	-433	1,649	101	-1,278
CFO/OP	-86	-68	-87	-17	174	-14	26	56	-5	160	33	-20

Show % Change

Figures in ₹ Crores

Ratios

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	77	84	100	8	8	8	10	12	18	16	17	22
Inventory Days	43	34	28	43	42	44	63	52	55	51	81	76
Days Payable	87	85	118	104	75	5	17	16	18	22	34	24
Cash Conversion Cycle	33	32	10	-54	-25	47	55	48	55	46	64	74
Working Capital Days	-1	-36	-87	-312	-295	26	35	31	40	33	52	52
ROCE %	10%	0%	-11%	-116%	3%	6%	12%	16%	14%	11%	16%	12%

Show % Change

Shareholding Pattern

	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Apr 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Jul 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Promoters	98.90%	98.90%	98.90%	98.90%	98.90%	80.82%	80.82%	80.82%	80.82%	80.82%	80.82%	73.82%	73.82%	73.82%	73.77%	72.81%	69.76%	69.48%	69.45%	68.83%	68.81%	68.26%	68.25%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.35%	2.24%	2.27%	2.79%	3.00%	0.00%	0.00%	10.93%	10.58%	10.30%	14.39%	13.32%	13.42%	12.99%	12.24%	10.82%	9.20%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	3.32%	1.47%	1.54%	3.49%	3.05%	1.45%	3.09%	1.43%	1.36%	3.55%	3.04%	5.28%	6.27%	8.71%	11.23%	11.85%	13.04%	12.06%
Government	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	0.93%	0.93%	0.95%	0.96%	0.89%	7.04%	8.55%	8.74%	8.62%	8.59%	8.92%	8.63%	8.04%	7.66%	7.32%	8.03%	6.72%	6.18%	5.28%	5.34%	5.43%	6.00%	7.02%
Others	0.17%	0.17%	0.15%	0.14%	0.21%	8.82%	6.80%	6.66%	4.81%	4.74%	5.81%	14.46%	16.71%	6.23%	4.78%	5.83%	3.85%	4.75%	3.14%	1.61%	1.66%	1.87%	3.47%
No. of Shareholders	84,039	83,699	84,442	85,046	85,302	4,92,050	3,48,917	3,29,325	3,26,976	3,25,871	3,01,317	3,08,396	2,73,645	2,64,113	2,58,652	2,41,426	2,29,908	2,27,663	2,11,001	2,12,819	2,08,530	2,18,048	2,14,623

Show % Change

Documents

1

Concall - May 2022 May 2022

Transcript

2

Concall - Jul 2021 Jul 2021

PPT

3

Concall - May 2022 May 2022

Transcript

4

Concall - Aug 2022 Aug 2022

PPT

5

Concall - Nov 2022 Nov 2022

Transcript

Frequently Asked Questions about Patanjali Foods Ltd

What does Patanjali Foods Ltd do?

Ruchi Soya Industries Limited is engaged primarily in the business of processing of oil-seeds and refining of oil for edible use.

Where is Patanjali Foods Ltd (PATANJALI) listed?

Patanjali Foods Ltd is listed on the Indian stock exchanges. It is listed on NSE: PATANJALI and BSE: 500368. You can view its live share price, financials, and ratios on Tapetide.

Which sector does Patanjali Foods Ltd belong to?

Patanjali Foods Ltd operates in the Fast Moving Consumer Goods sector within the Agricultural Food & other Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.

What is the market capitalisation of Patanjali Foods Ltd?

Patanjali Foods Ltd has a market capitalisation of approximately ₹45254.25 Cr. Based on this, it is classified as a Large Cap stock.

What is the PE ratio of Patanjali Foods Ltd?

The Price-to-Earnings (PE) ratio of Patanjali Foods Ltd is 24.72. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.

What is the 52-week high and low of Patanjali Foods Ltd?

Over the past 52 weeks, Patanjali Foods Ltd has traded between a low of ₹408.15 and a high of ₹653.93. This range helps investors understand the stock's price volatility and recent trading levels.

Does Patanjali Foods Ltd pay dividends?

Yes, Patanjali Foods Ltd has a dividend yield of 0.85%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.

What is the Return on Equity (ROE) of Patanjali Foods Ltd?

Patanjali Foods Ltd has a Return on Equity (ROE) of 1.75%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.

How can I research Patanjali Foods Ltd on Tapetide?

On Tapetide, you can view Patanjali Foods Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.