Patanjali Foods Ltd Stock Analysis

BSE: 500368 | NSE: PATANJALI | Edible Oil | Large Cap

BSE Share Price 02-Dec-2022 18:01
1273.65 19.65 (1.57%)

DeciZen - Make an Informed Decision on Patanjali Foods

Overall Rating

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

Patanjali Foods Price Chart

P/E Ratio (SA) :
56.09
Market Cap :
46,105.5 Cr.
52-wk low :
706
52-wk high :
1,495
Bole Toh?

1. Is Patanjali Foods Ltd a good quality company?

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

2. Is Patanjali Foods Ltd undervalued or overvalued?

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

3. Is Patanjali Foods Ltd a good buy now?

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

10 Year X-Ray of Patanjali Foods:

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

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 10.4%9.6%6.3%-2.2%-9.5%-124%3.7%51.8%12.6%11.6%-
Value Creation Index -0.3-0.3-0.6-1.2-1.7NA-0.72.70.10.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 26,14624,38128,30827,69218,52711,99412,72913,11816,31924,20528,669
YoY Gr. Rt. %--6.8%16.1%-2.2%-33.1%-35.3%6.1%3.1%24.4%48.3%-
Adj EPS 12.37-0.5-32.3-38-169.82.783.522.525.922.7
YoY Gr. Rt. %--42.8%-107.4%NANANANA3017.2%-73.1%15.1%-
BVPS (₹) 70.569.765.875.731.3-139.3-137.2114137.4165257.1
Adj Net Profit 410235-17.2-1,054-1,240-5,54387.52,471665766822
Cash Flow from Ops. -2,0283,451-508-90.3577882240-60.9241724-
Debt/CF from Ops. -2.80.9-7.2-54.28.47.630.6-59.415.25.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -0.9%5.5%23.9%48.3%
Adj EPS 8.6%NA113%15.1%
BVPS 9.939.4020.2
Share Price 33.6% 123.7% 626.6% 38.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 1810-0.8-45.1-70.9314.5-1.9-446.317.91510.8
Op. Profit Mgn % 3.53.62.10.3-3.6-41.71.1-40.55.96.24.9
Net Profit Mgn % 1.61-0.1-3.8-6.7-46.20.718.84.13.22.9
Debt to Equity 2.41.31.724.7-1.5-1.61.10.90.80
Working Cap Days 1111301261391771466263645975
Cash Conv. Cycle 3536323431-8-339403742

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 10.80%

Sales growth is growing at healthy rate in last 3 years 23.89%

Debt to equity has declined versus last 3 years average to 0.76

Sales growth is good in last 4 quarters at 39.33%

No data to display

Latest Financials - Patanjali Foods Ltd.

Standalone Consolidated
TTM EPS (₹) 22.7 -0.3
TTM Sales (₹ Cr.) 28,669 12,729
BVPS (₹.) 257.1 0
Reserves (₹ Cr.) 9,234 -4,769
P/BV 4.95 0.00
PE 56.09 0.00
From the Market
52 Week Low / High (₹) 706.00 / 1495.00
All Time Low / High (₹) 2.62 / 1535.00
Market Cap (₹ Cr.) 46,105
Equity (₹ Cr.) 72.4
Face Value (₹) 2
Industry PE 74.9

Management X-Ray of Patanjali Foods :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *99.8999.9399.9799.9799.970.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Patanjali Foods

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Patanjali Foods Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Patanjali Foods on 02-Dec-2022 18:01 is : 1,273.7.
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 02-Dec-2022 18:01 the market cap of Patanjali Foods stood at ₹ 46,105.5.
The latest PE ratio of Patanjali Foods as of 02-Dec-2022 18:01 is 56.09.
The latest PB ratio of Patanjali Foods as of 02-Dec-2022 18:01 is 4.95
The 52-week high of Patanjali Foods is ₹ 1,495 and the 52-week low is ₹ 706.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Patanjali Foods is ₹ 28,669 ( Cr.) .

About Patanjali Foods Ltd

The company is a diversified FMCG and FMHG focused company, with strategically located manufacturing facilities and well recognised brands having pan India presence. It is one of the largest FMCG companies in the Indian edible oil sector and one of the largest fully integrated edible oil refining companies in India. Being the pioneers and largest manufacturers of soya foods has aided its brand ‘Nutrela’ in becoming a household and generic name in India. It is across the entire value chain in palm and soya segment, with a healthy mix of upstream and downstream business.

The company has been allocated zones, to undertake palm plantation, by the Government, which assists it in backward integration of sourcing palm oil. Ruchi Soya is the largest player in terms of allocated zones. Its integration also extends downstream to the oleochemicals and other by-product and derivatives business. It is pioneers in soya chunks which are associated with nutrition and good health. Leveraging upon the brand ‘Nutrela’, it has launched a range of premium edible oils and blended edible oils and ‘Nutrela High Protein Chakki Atta’ and ‘Nutrela Honey’ in Fiscal 2021. Further, it has expanded its packaged food portfolio by acquiring the ‘Patanjali’ product portfolio of biscuits, cookies, rusks, noodles, and breakfast cereals. In Fiscal 2022, it forayed into a niche and a high growth FMHG segment with the launch of its Nutraceutical business. It is also into the wind power generation business, where the renewable power generated is used for sale and for captive use. This also helps it to offset its carbon footprint, to the extent possible.

The company is a part of the Patanjali group, one of India’s leading FMCG and health and wellness company. Their portfolio includes health and ayurvedic products, cosmetics, processed food, beverages and juices, and personal and home care products. It leverages Patanjali’s expertise and technical know-how in nutraceuticals and benefit from the synergy in the research and development and the pan India distribution network.

Business area of the company

Ruchi Soya Industries is one of India’s largest FMCG companies in the edible oil sector, and one of the largest fully integrated edible oil refining companies in the country, with diversified presence in packaged foods and the FMHG (Fast Moving Health Goods) segment. It is part of the Indian conglomerate Patanjali Group, with nationwide presence powering its growth across the segments of its presence.  The company has in place strong backward and forward linkages, supported by its presence across the entire value chain in the Soya and Palm segments. It is one of the largest palm plantation companies in the country, which provides it secure access to oil palm for seamless backward business integration. Its integration extends downstream to the Oleochemicals and other by-product and derivatives business. It is also engaged in the wind power generation business, using the renewable power generated at its facilities for sale and for captive use.

Key awards, accreditations or recognitions

  • 2021: The company has been recognized as a “Great Place to Work” by Great Place to Work Institute, India.

Major events and milestones

  • 1986: Incorporation of the company as a public limited company.
  • 2019-20: The Patanjali Resolution Plan as submitted by Patanjali Consortium was approved by the National Company Law Tribunal and successfully implemented.
  • 2019-20: Reclassification of promoters of the company.
  • 2019-20: Patanjali Consortium assumed control over the company, as per the terms of the approved Patanjali Resolution Plan.
  • 2020-21: Launch of three new products under the Nutrela brand, i.e., a high protein chakki atta, premium blended oil and honey.
  • 2021-22: Launch of nutraceutical and wellness products.
  • 2021-22: Acquisition of biscuit division from Patanjali Natural Biscuits Private Limited.
  • 2021-22: Acquisition of the noodles and breakfast cereals by an assignment agreement with Patanjali Ayurved Limited.
  • 2021-22: Execution of Distributor Agreement with Patanjali Ayurved Limited.
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