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PATANJALI - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.5

Last Updated Time : 04 May 26, 11:42 am

Fundamental Rating: 3.5

Stock Code PATANJALI Market Cap 49,993 Cr. Current Price 459 ₹ High / Low 654 ₹
Stock P/E 29.8 Book Value 111 ₹ Dividend Yield 0.76 % ROCE 15.6 %
ROE 12.1 % Face Value 2.00 ₹ DMA 50 484 ₹ DMA 200 534 ₹
Chg in FII Hold -1.62 % Chg in DII Hold -0.98 % PAT Qtr 624 Cr. PAT Prev Qtr 517 Cr.
RSI 41.4 MACD -5.54 Volume 18,95,822 Avg Vol 1Wk 22,12,866
Low price 451 ₹ High price 654 ₹ PEG Ratio 1.71 Debt to equity 0.24
52w Index 4.35 % Qtr Profit Var 68.2 % EPS 15.2 ₹ Industry PE 22.0

📊 PATANJALI shows moderate fundamentals with ROE at 12.1% and ROCE at 15.6%, reflecting decent capital efficiency. EPS of 15.2 ₹ supports profitability, and the PEG ratio of 1.71 suggests growth is reasonably priced. The P/E ratio of 29.8 is higher than the industry average of 22.0, indicating premium valuation. Dividend yield is modest at 0.76%. Debt-to-equity ratio of 0.24 is manageable, but technical indicators (RSI 41.4, MACD -5.54) show weak momentum. PAT improved significantly (517 Cr. → 624 Cr.), highlighting earnings growth, though institutional investors reduced holdings.

💰 Ideal Entry Price Zone: 440 ₹ – 460 ₹, near support levels and below DMA 50 (484 ₹), offering margin of safety.

📈 Long-Term Holding Guidance: PATANJALI is suitable for medium-to-long-term holding (3–5 years) given improving profitability and moderate efficiency. Investors should accumulate on dips but consider partial profit booking near 600–620 ₹ if valuations stretch without sustained earnings growth.


✅ Positive

  • ROCE (15.6%) and ROE (12.1%) show decent capital efficiency.
  • PEG ratio (1.71) suggests growth is fairly priced.
  • EPS of 15.2 ₹ reflects profitability.
  • PAT growth of 68.2% quarter-on-quarter.

⚠️ Limitation

  • P/E (29.8) higher than industry average (22.0), indicating premium valuation.
  • Dividend yield modest at 0.76%.
  • Technical weakness with RSI at 41.4 and MACD negative (-5.54).
  • Price trading below DMA 50 and DMA 200, showing medium-term weakness.

📉 Company Negative News

  • FII holdings decreased (-1.62%) and DII holdings declined (-0.98%).
  • Weak technical momentum despite earnings growth.

📈 Company Positive News

  • PAT improved from 517 Cr. to 624 Cr. (+68.2%).
  • EPS of 15.2 ₹ supports profitability.

🏭 Industry

  • Industry P/E at 22.0, lower than PATANJALI’s 29.8, highlighting premium pricing.
  • FMCG sector benefits from steady demand and brand-driven growth, though competition is intense.

🔎 Conclusion

PATANJALI shows improving earnings and moderate efficiency but trades at a premium valuation with weak technical momentum. Entry near 440–460 ₹ offers margin of safety. Suitable for medium-to-long-term investors, with partial profit booking near 600–620 ₹ if valuations stretch without sustained earnings growth.

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