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PATANJALI - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.6

Last Updated Time : 25 May 26, 01:36 am

Fundamental Rating: 3.6

Stock Code PATANJALI Market Cap 50,439 Cr. Current Price 464 ₹ High / Low 654 ₹
Stock P/E 30.0 Book Value 111 ₹ Dividend Yield 0.76 % ROCE 15.6 %
ROE 12.1 % Face Value 2.00 ₹ DMA 50 472 ₹ DMA 200 523 ₹
Chg in FII Hold -1.62 % Chg in DII Hold -0.98 % PAT Qtr 624 Cr. PAT Prev Qtr 517 Cr.
RSI 50.3 MACD -2.00 Volume 16,49,629 Avg Vol 1Wk 38,32,168
Low price 438 ₹ High price 654 ₹ PEG Ratio 1.73 Debt to equity 0.24
52w Index 12.0 % Qtr Profit Var 68.2 % EPS 15.2 ₹ Industry PE 20.6

📊 Financial Overview: Patanjali Foods has a market cap of ₹50,439 Cr with a current price of ₹464. The 52-week range is ₹654–438. Profitability is moderate with ROE at 12.1% and ROCE at 15.6%. Debt-to-equity ratio of 0.24 indicates manageable leverage. PAT rose to ₹624 Cr from ₹517 Cr, showing strong growth. EPS is ₹15.2, reflecting decent earnings capacity.

💰 Valuation Indicators: Stock P/E is 30.0, higher than the industry average of 20.6, suggesting mild overvaluation. Book value is ₹111, giving a P/B ratio of ~4.18. PEG ratio of 1.73 indicates valuation is stretched relative to growth. Dividend yield of 0.76% provides modest shareholder returns. Intrinsic value appears slightly lower than current price, limiting margin of safety.

🌿 Business Model & Competitive Advantage: Patanjali operates in FMCG and edible oils, leveraging strong brand recognition and wide distribution. Its competitive advantage lies in natural product positioning and consumer trust. Improving profits and moderate debt strengthen financial health, though valuation and institutional exits remain concerns.

📈 Entry Zone & Long-Term Guidance: The stock looks slightly overvalued at current levels. A better entry zone would be ₹440–455, closer to support levels. Long-term holding looks favorable given brand strength and profit growth, but investors should monitor debt levels and institutional sentiment.

Positive

  • 📈 [Profit Growth](ca://s?q=Patanjali_quarterly_profit): PAT rose from ₹517 Cr to ₹624 Cr QoQ.
  • 🏦 [Moderate Debt](ca://s?q=Patanjali_debt_to_equity): Debt-to-equity ratio of 0.24 shows manageable leverage.
  • 🌿 [Strong Brand](ca://s?q=Patanjali_business_model): Wide consumer trust in natural FMCG products.

Limitation

  • ⚖️ [High Valuation](ca://s?q=Patanjali_PE_ratio): P/E of 30 compared to industry average of 20.6.
  • 📉 [Institutional Exit](ca://s?q=Patanjali_FII_DII_holdings): FII holdings fell by -1.62% and DII by -0.98%.
  • 💸 [Low Dividend Yield](ca://s?q=Patanjali_dividend_policy): Dividend yield of 0.76% offers limited returns.

Company Negative News

  • 📉 [FII Exit](ca://s?q=Patanjali_FII_holdings): FII holdings decreased by -1.62%.
  • 📊 [DII Exit](ca://s?q=Patanjali_DII_holdings): DII holdings decreased by -0.98%.

Company Positive News

  • 📈 [Profit Surge](ca://s?q=Patanjali_PAT_growth): Quarterly profit growth of 68.2% indicates strong momentum.
  • 📊 [Technical Support](ca://s?q=Patanjali_DMA_levels): Current price near DMA 50 (₹472) and DMA 200 (₹523) indicates support levels.

Industry

  • 🌿 [FMCG Sector](ca://s?q=India_FMCG_industry): Industry PE at 20.6, showing moderate valuation compared to Patanjali.
  • 📊 [Consumer Demand](ca://s?q=India_natural_products_growth): Rising demand for natural and health-focused products supports sector expansion.

Conclusion

⚖️ Patanjali’s fundamentals are decent with improving profits, moderate debt, and strong brand positioning. However, high valuation, low dividend yield, and institutional exits limit attractiveness. Entry is advisable near ₹440–455 for better risk-reward. Long-term holding looks favorable if profit growth sustains and institutional sentiment stabilizes.

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