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Indian FMCG maker of edible oils, ghee and packaged foods under the Patanjali brand (formerly Ruchi Soya).
Indian FMCG maker of edible oils, ghee and packaged foods under the Patanjali brand (formerly Ruchi Soya).
Edible oils, mostly soya and palm refined and sold in packs and bulk, carry the company, which ties results to imported oil prices and import duties. It was Ruchi Soya until bought out of insolvency in 2019 by the Patanjali Ayurved group, and in 2022 it took over that group's food business.
Moat: narrow (brand, distribution). Patanjali brand recognition and rural distribution reach, but edible oils are a commodity, low-margin category.
Headquarters: Haridwar, India · Founded: 1986 · Employees: 22,638
Size Patanjali Foods (PATANJALI.NS) is an India Consumer Staples company (Agricultural Commodities/Milling) with a market value of $4.75B, the 217th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹411.50 on 6 Nov 2026.
Performance Over six months the shares fell 10.6%, against -16.1% for the median peer and 0.0% for the India market (cap-weighted) — 10th highest of 21 in its peer set.
Growth Revenue grew 19.3% over the last twelve months (peer median +7.2%); the operating margin is 4.1% (peer median 5.2%).
Valuation It trades at 27.1× forward earnings against a peer median of 15.2× (3rd most expensive of 15).
Capital Return on invested capital runs 0.4 points below its cost of capital (10.3% WACC).
Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹428B | ₹401B | ₹337B | ₹317B | ₹315B |
| Revenue growth | — | +19% | +6% | +1% | — |
| Gross profit | ₹47.8B | ₹34.8B | ₹33.2B | ₹25.1B | ₹22.2B |
| EBITDA | ₹19.8B | ₹17.6B | ₹19.8B | ₹13.2B | ₹13.3B |
| Net income | ₹19.7B | ₹18.1B | ₹13.0B | ₹7.65B | ₹8.86B |
| Free cash flow | n/a | -₹14.0B | -₹71.9M | ₹16.4B | -₹5.50B |
| Capital expenditure | n/a | ₹9.74B | ₹1.44B | ₹1.00B | ₹986M |
| Total debt | n/a | ₹27.9B | ₹7.88B | ₹10.5B | ₹14.5B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Patanjali Foods PATANJALI.NS | $4.75B | -11% | +19% | 4% | 27.1× | n/a |
| AWL Agri Business AWL.NS | $2.30B | -21% | +18% | 2% | 17.6× | 13.4% |
| Marico MARICO.NS | $12.3B | +8% | +20% | 16% | 51.8× | 28.0% |
| Hindustan Unilever HINDUNILVR.NS | $49.6B | -12% | +6% | 21% | 41.5× | 27.2% |
| ITC ITC.NS | $37.5B | -8% | -2% | 30% | 20.2× | 13.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | PATANJALI.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +14.0% | +0.8% | 3rd highest of 21 |
| 6-month return | -10.6% | -16.1% | 10th highest of 21 |
| Distance from 52-week high | -33.0% | -25.9% | 8th lowest of 21 |
| Revenue growth (TTM) | +19.3% | +7.2% | 3rd highest of 21 |
| Operating margin | 4.1% | 5.2% | 7th lowest of 21 |
| Forward P/E | 27.1× | 15.2× | 3rd most expensive of 15 |
| ROIC minus cost of capital | -0.4 pp | +2.1 pp | 7th lowest of 21 |
| Net debt / EBITDA | 1.0× | 0.9× | 6th most indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Patanjali Foods PATANJALI.NS | India | $4.75B | -11% | +19% | 4% | 27.1× | n/a | n/a |
| New Hope Liuhe 000876.SZ | China | $4.71B | -19% | +7% | -3% | n/a | n/a | n/a |
| Ldc LOUP.PA | France | $4.35B | -6% | +15% | 6% | 11.7× | -7.7% | +10.5% |
| Jiangxi Zhengbang Technology 002157.SZ | China | $3.97B | -17% | +15% | -10% | n/a | n/a | n/a |
| Nisshin Seifun 2002.T | Japan | $3.94B | +14% | +3% | 5% | 15.4× | -1.1% | +4.9% |
| Cofco Sugar 600737.SS | China | $3.94B | -18% | -29% | 6% | 22.9× | n/a | n/a |
| Fujian Wanchen Food 300972.SZ | China | $3.86B | -43% | +46% | 7% | 9.9× | -18.7% | +157.9% |
| Heilongjiang Agriculture 600598.SS | China | $3.66B | -18% | -12% | 24% | 59.7× | n/a | n/a |
| Nichirei 2871.T | Japan | $3.42B | +13% | +10% | 5% | 24.2× | 2.4% | +4.6% |
| Godrej Industries GODREJIND.NS | India | $3.41B | -22% | +17% | 8% | n/a | n/a | n/a |
| Seaboard SEB | United States | $3.38B | -22% | +7% | 3% | n/a | n/a | n/a |
| Pilgrim's Pride PPC | United States | $6.79B | -2% | 0% | 5% | 13.0× | -4.8% | +8.9% |
| Fujian Sunner Development 002299.SZ | China | $3.28B | -7% | +13% | 5% | 19.1× | -1.0% | +7.9% |
| First Resources Ltd. (Singapore) EB5.SI | Singapore | $3.27B | -26% | +51% | 30% | 7.6× | -7.1% | +19.0% |
| Ebro Foods EBRO.MC | Spain | $3.12B | +1% | -4% | 10% | 13.2× | -7.7% | +4.4% |
| Cal-Maine Foods CALM | United States | $3.02B | -15% | -43% | 1% | n/a | n/a | n/a |
| Jiangsu Lihua Animal Husbandry 300761.SZ | China | $2.94B | +2% | +7% | 3% | 29.1× | 4.0% | +16.8% |
| Schouw & SCHO.CO | Denmark | $2.90B | +30% | -1% | 4% | 15.1× | -3.3% | +9.9% |
| Tongwei 600438.SS | China | $8.27B | -29% | -12% | -15% | n/a | n/a | n/a |
| SalMar SALM.OL | Norway | $8.35B | +5% | +14% | 19% | 22.2× | 3.5% | +16.3% |
| Golden Agri-Resources E5H.SI | Singapore | $2.68B | -18% | +9% | 6% | 4.2× | -13.7% | +11.6% |