SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Patanjali Foods Ltd (PATANJALI)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500368 NSE: PATANJALI Edible Oil | Mid Cap | Patanjali Foods Share Price

₹429 -12.45 (-2.82%)

As on 04-Jun'26 16:59

Patanjali Foods Ltd (PATANJALI)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500368 NSE: PATANJALI Edible Oil | Mid Cap | Patanjali Foods Share Price

₹429 -12.45 (-2.82%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹46,680 Cr.
Current Price
₹429
52-Week Low / High
₹429 / 654
TTM EPS
₹16.7
TTM Sales
₹40,170 Cr.
Book Value per Share
₹120.4
P/E Ratio
25.72
Lower than its 5-year historical median
Industry PE
36.9
Price to Book (P/B)
3.56
Lower than its 5-year historical median
Price to Sales (P/S)
1.16
Lower than its 5-year historical median
EV/EBITDA
25.22
Lower than its 5-year historical median
Dividend Yield
0.55%
Profitability Efficiency
Return on Equity (ROE)
12.13%
Underperforms industry median
Return on Capital Employed (ROCE)
15.56%
Underperforms industry median
Return on Assets (ROA)
9.10%
Operating Profit Margin
5.2%
Net Profit Margin
3.81%
Gross Profit Margin
5.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
7.68%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
35.01%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
70.08%
Asset Quality
Promoter Holding
68.25%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹12,880 Cr.
Equity
₹217.6 Cr.
Face Value
₹2
All Time Low / High
₹0.87 / 676.67

Patanjali Foods stock performance

Key Ratios
mw4me loader

Check Before You Invest

Quality

Locked
Login to view analysis.

Valuation

Locked
Login to view analysis.

Price Trend

Locked
Login to view analysis.
Q.1 Is Patanjali Foods Ltd a good quality company?
Patanjali Foods Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Patanjali Foods Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Patanjali Foods Ltd vs industry peers?
Patanjali Foods Ltd revenue CAGR is 21.09%, compared to the industry median CAGR of 14.63%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Patanjali Foods Ltd?
Promoters hold 68.25% of the Patanjali Foods Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Patanjali Foods Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 51.1% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Patanjali Foods Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 0.5%-10.8%-115.7%2.8%149.1%12.1%16.3%13.5%11.2%15.6%-
Value Creation
Index
-1.0-1.8NA-0.89.70.10.50.20.00.4-

Growth Parameters

Sales 27,69218,52711,99412,72913,11816,31924,20531,52531,72134,15740,170
Sales YoY Gr.--33.1%-35.3%6.1%3.1%24.4%48.3%30.2%0.6%7.7%-
Adj EPS -32.3-38-169.82.783.522.526.524.621.412.116.7
YoY Gr.-NANANA3017.2%-73.1%17.8%-7.1%-13.1%-43.5%-
BVPS (₹) 75.731.3-139.3-137.2114137.4165272.1281.7103.6120.4
Adj Net
Profit
-1,054-1,240-5,54387.52,4716657838917741,3131,815
Cash Flow from Ops. -90.3577882240-60.9241724-3391,746198-
Debt/CF from Ops. -58.198.233-59.415.25.1-4.30.64-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 2.4%21.1%12.2%7.7%
Adj EPS NA-32.1%-23%-43.5%
BVPS3.6%-1.9%-14.4%-63.2%
Share Price 50.9% 1.5% 7.9% -23.6%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-45.1-70.9314.5-1.9-446.317.915.311.17.712.214.9
Op. Profit
Mgn %
0.3-3.6-41.71.1-40.55.96.24.24.15.24.4
Net Profit
Mgn %
-3.8-6.7-46.20.718.84.13.22.82.43.84.5
Debt to
Equity
2.15.1-1.6-1.81.10.90.80.20.10.10
Working Cap
Days
1391771466263645965758351
Cash Conv.
Cycle
3431-8-339403741454627

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales27,69218,52711,99412,72913,11816,31924,20531,52531,74234,157
Operating Expenses + 27,61519,26417,04312,60718,45015,36322,71530,23830,43532,393
Manufacturing Costs1,1348538388958898711,2481,7131,6411,845
Material Costs24,96116,01410,17910,94311,12313,70520,53927,14726,94027,852
Employee Cost 210187157151153140186278354553
Other Costs 1,3102,2115,8696176,2866477431,1001,5002,143
Operating Profit 78-737-5,048122-5,3329561,4911,2861,3071,764
Operating Profit Margin (%) 0.3%-4.0%-42.1%1.0%-40.7%5.9%6.2%4.1%4.1%5.2%
Other Income + 11393351005,7916479297220325
Exceptional Items 245007,44800000
Interest 1,297875857711337335924519895
Depreciation 160156140138136133137160269268
Profit Before Tax -1,264-1,630-6,010777,6585141,0741,1791,0601,726
Tax -203-373-4370-14-166268293295425
Profit After Tax -1,062-1,257-5,573777,6726818068867651,301
PAT Margin (%) -3.8%-6.8%-46.5%0.6%58.5%4.2%3.3%2.8%2.4%3.8%
Adjusted EPS (₹)-10.8-12.8-56.90.886.57.79.18.27.112.0
Dividend Payout Ratio (%)0%0%0%0%0%0%18.30%24.50%28.40%27.80%

Valuation of Patanjali Foods - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 2,4721,023-4,549-4,4783,3714,0624,8819,84710,19511,257
Share Capital 65656565595959727272
Reserves 2,407957-4,614-4,5433,3124,0034,8229,77410,12211,184
Debt +4,4784,6176,6507,2963,5843,4943,5041,4541,048781
Long Term Debt626158162,9542,8802,7067800
Short Term Debt4,4164,5566,5927,2806306147981,3761,048781
Minority Interest0000000000
Trade Payables5,9845,1812,9082,2351656578981,3381,5882,587
Others Liabilities 3,5182,4362,7122,8847486292,158552346796
Total Liabilities 16,45213,2567,7217,9377,8688,84211,44113,19013,17615,421

Fixed Assets

Net Fixed Assets +5,6375,5025,3585,2245,0704,9544,9005,1484,9865,538
Gross Block5,9966,0176,0086,0085,9986,0136,0926,4946,5767,394
Accumulated Depreciation3595156507849281,0591,1921,3461,5901,856
CWIP 422928272527288010195
Investments 146895131203042381,041223
Inventories2,3581,2391,1911,2611,3552,3632,9054,0703,7686,210
Trade Receivables6,3775,0752502622744387961,5981,4341,585
Cash Equivalents 1411441764304553872,0161,141834275
Others Assets 1,7511,1786677026686427531,1171,0121,494
Total Assets 16,45213,2567,7217,9377,8688,84211,44113,19013,17615,421

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -90577882240-61241724-3391,746198
PBT -1,264-1,630-6,010777,6585141,0741,1791,0601,726
Adjustment 1,4691,8786,183112-7,199467422148347474
Changes in Working Capital -25833970932-516-735-655-1394679-1547
Tax Paid -37-10-019-3-5-117-272-339-455
Cash Flow From Investing Activity + 25106-70-112-26-42-1,562526-912-36
Capex -51-63-7-19-20-34-93-98-96
Net Investments 0700001-60-697-8085
Others 7643-73-105-6-22-1,4691,316-656
Cash Flow From Financing Activity + 77-671-856-782-3071,167241-1,100-611
Net Proceeds from Shares 000020501,2973,010023
Net Proceeds from Borrowing 00002,09746-166-2,72900
Interest Paid 82-799-856-7-75-336-299-139-85-76
Dividend Paid -5000000-181-433-291
Others -012800-2,144-17335280-583-267
Net Cash Flow 1212-45121-4-108329428-266-449

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-45.46-71.94N/AN/A018.3218.0312.047.6412.13
ROCE (%)0.48-10.82N/AN/A149.1212.0616.2913.4511.1515.56
Asset Turnover Ratio1.831.251.141.631.661.952.392.562.412.39
PAT to CFO Conversion(x)N/AN/AN/A3.12-0.010.350.9-0.382.280.15
Working Capital Days
Receivable Days81.40112.80817.307.5089.3013.9017.4016.10
Inventory Days35.7035.403735.2036.4041.6039.7040.4045.1053.30
Payable Days88.90127.2014585.8039.4010.9013.801519.8027.40

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Patanjali Foods Ltd FAQs

The current trading price of Patanjali Foods on 04-Jun-2026 16:59 is ₹429.0.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Patanjali Foods stood at ₹46,679.9 Cr

The latest P/E ratio of Patanjali Foods as of 03-Jun-2026 is 25.72.

The latest P/B ratio of Patanjali Foods as of 03-Jun-2026 is 3.56.

The 52-week high of Patanjali Foods is ₹654.0 and the 52-week low is ₹429.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Patanjali Foods is ₹40,170 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Patanjali Foods Ltd is a average quality company.

The key valuation ratios of Patanjali Foods Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Patanjali Foods Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Patanjali Foods Ltd

Patanjali Foods is a public limited company engaged primarily in the business of processing of oil-seeds, refining of crude oil for edible use, production of oil meal, food products from soya and value added products from downstream and upstream processing. The company is also engaged in the fast-moving consumer goods (FMCG), fast-moving health goods (FMHG) and home & personal care (HPC) business comprising mainly of food, biscuits, nutraceutical, home care, skin care, dental care and hair care products. The company is also engaged in generation of power from wind energy and trading in various products. The company has manufacturing plants across India and is listed on the BSE and National Stock Exchange of India (NSE). 

The company owns a diverse portfolio of brands, including Nutrela, Mahakosh, Sunrich, and Doodh, among others. Over the years, it has made strategic acquisitions to evolve into a pureplay FMCG company and built a resilient portfolio comprising of renowned brands across Food and FMCG, Home and Personal Care and Edible Oils categories. Each offering is rooted in the promise of purity, backed by modern research and tailored to the lifestyle of the new-age Indian consumer.

Business area of the company

The company has evolved from a commodity-led business into a purpose-driven FMCG powerhouse, rooted in Indian values and driven by innovation. With a stronghold in edible oils, soya foods and growing presence in HPC, FMCG, and renewables, it is shaping a healthier, self-reliant future through strategic diversification, sustainability and stakeholder-centric growth. 

Business segments 

  • Food and FMCG
  • Edible Oils
  • Oil Palm Plantations
  • Personal Care and Home Care
  • Wind Power Generation

Awards and accolades

2022-23

  • India’s Most Trusted Company by ET Ascent.
  • Nutrela Nutrition was awarded Best Indian Food Brand – 2022.
  • Safety & Quality Company of the Year and the Best Manufacturing Company of the Year at the India Dairy Summit & Awards 2023.

2023-24

  • Best Palm oil Brand Award March, 2023
  • Food Packaging Award September 21, 2023.
  • Functional Food of the year Award.
  • Nutraceutical Company of the Year 2023.

2024-25:

  • Best Food Supply Company of the Year - 22nd Edition Bharat Food Safety Nutrition and Packaging Summit & Awards 2024.
  • Nutrela - Most Preferred Brand 2024-25 - by MarksmenDaily.
  • Trendsetter Campaign of the Year Award 2025 (Nutrela TVC Digital Campaign) - by Times Applaud.
  • Workplace Safety & Health Initiative of the Year - National Feather Awards.
  • Best Environment-Friendly Initiative of the Year - National Feather Awards.

Major events and milestones

  • 2019: Patanjali Consortium acquired Ruchi Soya for Rs 43.5 billion.
  • 2020: Launched premium edible oils, honey, and high protein atta under the Nutrela brand.
  • 2021: Acquired biscuits, cookies & rusk businesses from PNBPL for Rs 600 million.
  • 2021: Transferred noodles and breakfast cereal businesses from Patanjali Ayurved (PAL).
  • 2021: Launched nutraceutical business.
  • 2022: Successful completion of Rs 43 billion Follow on Public Offer (FPO).
  • 2022: Pre-payment of entire debt; Company becomes debt-free.
  • 2022: Change of name to 'Patanjali Foods Ltd.'
  • 2022: Acquired food retail business from PAL on slump sale basis for Rs 6.9 billion.
  • 2024: Acquired HPC business from PAL on slump sale basis for Rs 11 billion.
  • 2025: Patanjali Foods inks pact with Ministry of Food Processing Industries.

To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×