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PATANJALI - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.5

Last Updated Time : 19 Mar 26, 07:10 pm

Fundamental Rating: 3.5

Stock Code PATANJALI Market Cap 53,197 Cr. Current Price 489 ₹ High / Low 671 ₹
Stock P/E 31.7 Book Value 111 ₹ Dividend Yield 0.68 % ROCE 15.6 %
ROE 12.1 % Face Value 2.00 ₹ DMA 50 517 ₹ DMA 200 554 ₹
Chg in FII Hold -1.42 % Chg in DII Hold 1.19 % PAT Qtr 624 Cr. PAT Prev Qtr 517 Cr.
RSI 38.0 MACD -9.75 Volume 8,51,453 Avg Vol 1Wk 17,43,098
Low price 476 ₹ High price 671 ₹ PEG Ratio 1.82 Debt to equity 0.24
52w Index 6.76 % Qtr Profit Var 68.2 % EPS 15.2 ₹ Industry PE 22.0

📊 Financial Overview

  • Revenue & Profitability: Quarterly PAT rose to ₹624 Cr. from ₹517 Cr. (+68.2%). ROE (12.1%) and ROCE (15.6%) are moderate, showing decent efficiency but not industry-leading.
  • Debt & Liquidity: Debt-to-equity at 0.24 indicates manageable leverage, ensuring financial stability.
  • Valuation: P/E of 31.7 is higher than industry average (22.0), suggesting mild overvaluation. P/B ~4.4 indicates premium pricing relative to book value. PEG ratio (1.82) reflects moderate growth expectations.
  • Technical Indicators: RSI at 38.0 indicates oversold conditions; MACD at -9.75 signals bearish trend. Current price ₹489 is below DMA 50 (₹517) and DMA 200 (₹554), showing weakness.

🏢 Business Model & Competitive Advantage

  • Patanjali Foods operates in FMCG and edible oils, with strong brand recognition and diversified product portfolio.
  • Competitive advantage lies in brand trust, distribution reach, and alignment with health-conscious consumer trends.

💡 Entry Zone Recommendation

  • Entry zone: ₹470–₹500, near support levels.
  • Attractive for long-term investors given strong brand and moderate fundamentals, but caution advised due to valuation premium.

📈 Long-Term Holding Guidance

  • Suitable for long-term holding due to brand strength and sector demand.
  • Upside potential tied to FMCG growth, edible oil demand, and rural consumption trends.

✅ Positive

  • Quarterly PAT growth (+68.2%).
  • Moderate ROE (12.1%) and ROCE (15.6%).
  • Dividend yield of 0.68% adds investor appeal.
  • DII holdings increased (+1.19%).

⚠️ Limitation

  • P/E (31.7) above industry average (22.0).
  • P/B ratio (~4.4) indicates premium valuation.
  • Stock trading below DMA 50 and DMA 200, showing bearish trend.

📉 Company Negative News

  • Bearish technical indicators (MACD negative, RSI oversold).
  • FII holdings reduced (-1.42%).

📈 Company Positive News

  • Quarterly PAT increased from ₹517 Cr. to ₹624 Cr.
  • DII holdings increased (+1.19%).
  • Strong brand presence in FMCG and edible oils.

🏭 Industry

  • FMCG industry P/E at 22.0, lower than Patanjali’s valuation.
  • Sector growth driven by rising consumer demand, health-focused products, and rural market expansion.

🔎 Conclusion

  • Patanjali Foods shows strong brand presence and improving profits but trades at a valuation premium.
  • Entry near ₹470–₹500 is attractive for long-term investors; recommended as a cautious holding with potential upside tied to FMCG growth.

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