Patanjali Foods Ltd
PATANJALI NSE
Patanjali Foods Ltd
FMCG F&ONSE: PATANJALI BSE: 500368 FMCG Products
Key Fundamentals
SmallcapFMCG ProductsFMCGMarket Cap
₹38,155 Cr
Volatility
Moderate
P/E Ratio
19.41
EBITDA
₹1,554 Cr
Return on Equity
11.44%
Debt to Equity
0.21
Book Value
₹120.36
EPS
₹25.98
52W High
₹614.99
52W Low
₹328.2
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Patanjali Foods Ltd insights
37 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
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 2.94 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 5d agoAI opinion · based on fundamentals
Risk high
Patanjali Foods Ltd has a market cap of ₹38,035 Cr and trades at a PE of 21.2x with a PB of 2.93x. The company delivered 55% TTM profit growth and 24.3% profit CAGR over 5 years, but the stock has declined 41% over the past year and ROE remains modest at 12-16%.
Bull Case 7
- Strong TTM profit growth of 55% indicates significant earnings acceleration in the recent period
- 5-year compounded profit CAGR of 24.3% demonstrates sustained earnings growth over a longer horizon
- TTM sales growth of 18% shows improving revenue momentum after a 3-year CAGR of only 8%
- Healthy dividend payout ratio of 25.7% provides consistent shareholder returns with a current yield of 0.99%
- Last year ROE improved to 16% from the 3-year average of 12%, signaling improving capital efficiency
- 5-year compounded sales CAGR of 20% reflects the company's ability to scale revenues over medium-term cycles
- PE of 21.2x is not excessive for an FMCG company delivering 55% TTM profit growth, suggesting potential valuation headroom relative to growth
Bear Case 8
- Stock has declined 41% over the past 1 year, reflecting significant negative market sentiment and price destruction
- Promoter holding has decreased by 12.6% over last 3 years, indicating dilution or selling by insiders
- 3-year ROE averages only 12.3%, which is below par for a branded FMCG business at this valuation
- Stock trades at 2.93x book value despite delivering only 12-16% ROE, suggesting the valuation premium may not be fully justified by returns on capital
- Tax rate appears low, which may not be sustainable and could compress future net profits if normalized
- Company might be capitalizing interest costs, which could overstate reported profitability and asset values
- 10-year sales CAGR of only 4% suggests the underlying organic growth trajectory has been inconsistent despite recent acceleration
- 3-year stock CAGR of -6% and 5-year CAGR of -1% show the market has not rewarded shareholders over medium-term periods despite profit growth
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
anthropic claude-opus-4.6 19h ago Headwinds 2
- GST penalty of ₹80.37 lakh Jul 29
Rajasthan tax authorities imposed a penalty of ₹80,37,898 on Patanjali Foods for allegedly wrongly availing Input Tax Credit.
- Wheat flour batch recalled Jul 25
Food Safety Authority ordered recall of a wheat flour batch due to excess pesticide residues. Company states no material financial impact.
Positives 1
- Modern trade up 25% YoY Aug 17
Q1FY27 earnings call highlighted 25% YoY growth in modern trade and e-commerce channels, projected to increase revenue share from 15% to 20% within 18 months.
Neutral 3
- Q1FY27 earnings call held Aug 17
CEO Sanjeev Asthana and CFO Kumar Rajesh participated in the Q1FY27 earnings call on August 17, 2026. Audio recording made available on company website per SEBI regulations.
- ₹20.72Cr block trade on NSE Jul 28
Approximately 6,04,839 shares traded at ₹342.60 per share in a ₹20.72 crore block deal, typically associated with institutional participants.
- ₹16.72Cr block trade on NSE Jul 27
Approximately 4,81,825 shares traded at ₹347.05 per share in a ₹16.72 crore block deal executed to minimise market impact.
TL;DR: Patanjali Foods is showing strong momentum in modern trade and e-commerce channels with 25% YoY growth in Q1FY27. Headwinds are minor — a small GST penalty and a product recall with no stated material impact. Block trades suggest institutional interest but at relatively modest levels. Overall trend is stable with channel diversification providing a positive forward catalyst.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7,767 | 7,822 | 7,911 | 8,228 | 7,177 | 8,102 | 8,997 | 9,692 | 8,766 | 9,777 | 10,484 | 11,156 | 11,337 |
| Expenses | 7,599 | 7,427 | 7,567 | 7,851 | 6,767 | 7,639 | 8,439 | 9,176 | 8,445 | 9,225 | 10,049 | 10,710 | 10,794 |
| Operating Profit | 169 | 395 | 344 | 377 | 410 | 463 | 558 | 516 | 321 | 552 | 435 | 445 | 543 |
| OPM % | 2.2% | 5% | 4.3% | 4.6% | 6% | 6% | 6% | 5% | 3.7% | 6% | 4.2% | 4% | 4.8% |
| Other Income | 43 | 24 | 47 | 120 | 25 | 31 | 24 | 53 | 13 | 51 | 27 | -112 | 4 |
| Interest | 25 | 24 | 25 | 116 | 19 | 20 | 20 | 25 | 24 | 35 | 35 | 36 | 41 |
| Depreciation | 68 | 60 | 60 | 81 | 57 | 56 | 70 | 85 | 62 | 63 | 62 | 62 | 53 |
| PBT | 120 | 335 | 306 | 300 | 359 | 417 | 491 | 458 | 249 | 505 | 365 | 236 | 453 |
| Tax % | 27% | 24% | 29% | 31% | 27% | 26% | 24% | 22% | 27% | -2% | -63% | -122% | 26% |
| Net Profit | 88 | 255 | 217 | 206 | 263 | 309 | 371 | 359 | 180 | 517 | 594 | 524 | 336 |
| EPS in Rs | 0.81 | 2.34 | 1.99 | 1.9 | 2.42 | 2.85 | 3.42 | 3.3 | 1.66 | 4.75 | 5.46 | 4.82 | 3.09 |
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 42,754 |
| 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 | 40,778 |
| Operating Profit | 582 | 79 | -675 | -5,047 | 126 | 406 | 957 | 1,491 | 1,294 | 1,307 | 1,957 | 1,753 | 1,976 |
| OPM % | 2.1% | 0.3% | -3.6% | -42% | 1% | 3.1% | 6% | 6% | 4.1% | 4.1% | 6% | 4.4% | 4.6% |
| Other Income | 169 | 114 | 138 | 34 | 96 | 7,501 | 64 | 79 | 290 | 220 | 132 | -21 | -29 |
| Interest | 522 | 1,297 | 938 | 857 | 7 | 113 | 373 | 358 | 245 | 198 | 95 | 130 | 148 |
| Depreciation | 148 | 160 | 156 | 140 | 138 | 136 | 133 | 137 | 160 | 269 | 268 | 248 | 240 |
| PBT | 81 | -1,264 | -1,630 | -6,010 | 77 | 7,658 | 514 | 1,074 | 1,179 | 1,060 | 1,726 | 1,354 | 1,559 |
| 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 | 1,970 |
| 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 | 18.12 |
| Div. Payout % | 9% | 0% | 0% | 0% | 0% | 0% | 0% | 18% | 24% | 28% | 28% | 21% | — |
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 |
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 |
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% |
Documents
1
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
29 Apr - Patanjali Foods says FY2026-27 large corporate disclosure not applicable; outstanding long-term borrowing NIL as of March 31, 2026. 29 Apr - Patanjali Foods says FY2026-27 large corporate disclosure not applicable; outstanding long-term borrowing NIL as of March 31, 2026.
2
Announcement under Regulation 30 (LODR)-Newspaper Publication
6 May - Newspaper Advertisement regarding Special Window for Re-lodgement of Transfer Requests of Physical Shares 6 May - Newspaper Advertisement regarding Special Window for Re-lodgement of Transfer Requests of Physical Shares
3
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
29 Apr - Patanjali Foods says FY2026-27 large corporate disclosure not applicable; outstanding long-term borrowing NIL as of March 31, 2026. 29 Apr - Patanjali Foods says FY2026-27 large corporate disclosure not applicable; outstanding long-term borrowing NIL as of March 31, 2026.
4
Board Meeting Outcome for Outcome Of Board Meeting Held On April 21, 2026
21 Apr - Board declared 2nd interim dividend of Rs.1.75 per share; record date April 25, 2026, payment by May 20, 2026. 21 Apr - Board declared 2nd interim dividend of Rs.1.75 per share; record date April 25, 2026, payment by May 20, 2026.
1
Board Meeting Outcome for Outcome Of Board Meeting Of The Company Held On August 14 2026 14 Aug 2026
Outcome
4
Record Date For The Purpose Of 3Rd Interim Dividend For FY 2025-26 And 1St Interim Dividend For FY 2026-27.
14 Aug 2026
Intimation
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 FMCG sector within the FMCG 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 ₹38154.53 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 19.41. 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 ₹328.2 and a high of ₹614.99. 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 0.23%. 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 11.44%. 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.
Company Information
Ruchi Soya Industries Limited is engaged primarily in the business of processing of oil-seeds and refining of oil for edible use.
Website patanjalifoods.com
CEO Mr. Sanjeev Kumar Asthana PGDIT, PGDRM
Employees 7,444
Listed 2020-01-24
Face Value ₹ 2
Issued Size 1,08,78,28,245