Want to see IN:PATANJALI full AI Analyst Report?
Top Page
Patanjali Foods Limited
(PATANJALI)
Select Model
Select Model
Rating:58Neutral
Price Target:
₹412.00
▲(20.82% Upside)
Action:Reiterated
Date:09/22/26
The score is primarily held back by weak and deteriorating cash-flow conversion (negative operating and free cash flow in FY2026) and some margin compression, despite improving revenue/profit trajectory and a generally manageable leverage profile. Technically, the stock shows short-term strength but is overbought and still below the 200-day average, while valuation is reasonable but not especially compelling.
Positive Factors
Revenue and profit growth
Improving revenue and net profit indicate stronger operating scale and customer demand across the portfolio. If sustained, this growth can support reinvestment in brands, distribution, and capacity while improving the company’s ability to absorb commodity and pricing volatility.
Negative Factors
Weak and deteriorating cash conversion
Negative operating and free cash flow reduce confidence that reported earnings are converting into liquidity. If the deterioration persists, working-capital needs or reinvestment could absorb internal funds, constrain flexibility, and increase reliance on debt or other financing sources.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and profit growth
Improving revenue and net profit indicate stronger operating scale and customer demand across the portfolio. If sustained, this growth can support reinvestment in brands, distribution, and capacity while improving the company’s ability to absorb commodity and pricing volatility.
Read all positive factors
Patanjali Foods Limited (PATANJALI) vs. iShares MSCI India ETF (INDA)
Market Cap
₹439.40B
Dividend Yield1.65%
Average Volume (3M)246.75K
Price to Earnings (P/E)21.6
Beta (1Y)0.48
Revenue Growth19.32%
EPS Growth61.42%
CountryIN
Employees7,387
SectorGeneral
Sector StrengthN/A
IndustryPackaged Foods
Share Statistics
EPS (TTM)18.12
Shares Outstanding1,088,108,600
10 Day Avg. Volume437,824
30 Day Avg. Volume246,748
Financial Highlights & Ratios
PEG Ratio0.70
Price to Book (P/B)3.82
Price to Sales (P/S)1.25
P/FCF Ratio-35.84
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)14.66
Revenue Forecast (FY)₹455.78B
Patanjali Foods Limited Business Overview & Revenue Model
Company Description
Patanjali Foods Limited, an Indian enterprise established in Indore in 1986, is primarily engaged in processing oilseeds and refining crude oil for edible consumption across India. Its diverse operations are categorized into segments such as Seed ...
How the Company Makes Money
Patanjali Foods Limited primarily makes money by selling FMCG food products, with edible oils forming the core of its revenue base. Its revenue model is largely volume-driven and built around (1) sourcing key inputs (oilseeds and/or crude edible o...
Patanjali Foods Limited Financial Statement Overview
Summary
Income Statement
70
Positive
Balance Sheet
74
Positive
Cash Flow
41
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 427.76B | 401.70B | 341.38B | 316.59B | 312.68B | 239.18B |
| Gross Profit | 50.21B | 43.49B | 44.95B | 30.53B | 23.99B | 21.09B |
| EBITDA | 19.41B | 17.32B | 20.43B | 13.82B | 13.83B | 15.43B |
| Net Income | 19.70B | 18.14B | 13.01B | 7.65B | 8.86B | 8.06B |
Balance Sheet | ||||||
| Total Assets | 0.00 | 188.02B | 155.17B | 132.62B | 132.44B | 114.80B |
| Cash, Cash Equivalents and Short-Term Investments | 7.88B | 7.88B | 4.34B | 16.61B | 8.21B | 3.88B |
| Total Debt | 0.00 | 27.89B | 7.88B | 10.49B | 14.54B | 36.96B |
| Total Liabilities | -130.96B | 57.06B | 41.46B | 30.57B | 33.97B | 53.09B |
| Stockholders Equity | 130.96B | 130.96B | 113.71B | 102.05B | 98.47B | 61.71B |
Cash Flow | ||||||
| Free Cash Flow | -6.46B | -13.95B | 527.96M | 16.46B | -4.38B | 6.84B |
| Operating Cash Flow | -5.84B | -4.21B | 1.97B | 17.46B | -3.39B | 7.24B |
| Investing Cash Flow | -2.60B | -8.75B | -141.00M | -9.12B | 5.26B | -15.62B |
| Financing Cash Flow | 20.59B | 18.04B | -6.11B | -11.00B | 2.41B | 11.67B |
Patanjali Foods Limited Technical Analysis
Positive
341.00
Price Trends
354.48
Positive
389.92
Positive
446.79
Negative
Market Momentum
13.09
Negative
63.55
Neutral
83.33
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PATANJALI, the sentiment is Positive. The current price of 341 is below the 20-day moving average (MA) of 363.10, below the 50-day MA of 354.48, and below the 200-day MA of 446.79, indicating a neutral trend. The MACD of 13.09 indicates Negative momentum. The RSI at 63.55 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:PATANJALI.
Patanjali Foods Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ₹91.42B | 11.56 | ― | 1.18% | 0.51% | 40.39% | |
74 Outperform | ₹2.63T | 68.12 | ― | 0.89% | 19.30% | 22.64% | |
73 Outperform | ₹1.19T | 45.42 | ― | 1.84% | 6.63% | 18.70% | |
63 Neutral | ₹143.73B | 54.11 | ― | 0.22% | 13.81% | 27.77% | |
61 Neutral | ₹972.87B | 58.08 | ― | 1.04% | 15.60% | 22.76% | |
58 Neutral | ₹439.40B | 21.57 | ― | 1.65% | 19.32% | 61.42% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
IN:PATANJALI
Patanjali Foods Limited
371.25
-198.46
-34.83%
IN:BIKAJI
Bikaji Foods International Ltd.
530.40
-212.25
-28.58%
IN:BRITANNIA
Britannia Industries Ltd
4,829.00
-1,065.43
-18.08%
IN:KRBL
KRBL Limited
387.25
46.61
13.68%
IN:NESTLEIND
Nestle India Ltd.
1,336.00
194.78
17.07%
IN:TATACONSUM
Tata Consumer Products Limited
967.00
-152.68
-13.64%
Patanjali Foods Limited Corporate Events
Patanjali Foods Completes Annual Report Dispatch Ahead of AGM
Sep 8, 2026
Patanjali Foods Limited, a key player in India’s FMCG and edible oils market, offers a wide range of food and consumer products under the Patanjali brand to retail and institutional customers. Its broad footprint and strong brand presence su...
Patanjali Foods Streamlines AGM Access With Digital Links and KYC Push
Sep 7, 2026
Patanjali Foods Limited has notified stock exchanges that it has sent physical letters to shareholders who have not registered their email addresses, providing exact web links to access the integrated annual report for FY 2025-26 and the notice of...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.