āagman

Not investment advice. Data and computed figures, for information only.

Patanjali Foods Ltd

NSE: PATANJALIF&O
₹365.65
−₹3.10 (−0.84%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹39,221 Cr
CMP
₹365.65
52-wk High / Low
₹614 / 328
P/E
18.1
P/B
3.0
Book Value
₹120.0
Div Yield
1.39%
ROCE
12.0%
ROE
16.0%
Face Value
₹2
D/E
0.21

Price−38.5% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 16 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
2
/ 9
2 of 9 F-score tests passed
Graham Number
₹212
√(22.5 × EPS × book value per share)
ROIC
9.5%
vs 13.1% sector median
Cash flow to profit
−0.18
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+113
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
12.0%
ROE × earnings retention ratio
ROE stability
75.7
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.67DII −1.01
Latest quarter vs the previous one
Cash-accrual divergence
12.5%
of assets
Low = accruals track cash flow
Strengths
+Borrowings are down 52.4% since FY2016 (5863 to 2789)
+FII holding rose by 5.7pp over the last year
+PE of 18.1x is below the sector median of 34.6x
Watch-outs
−Latest ROCE of 12% trails the sector median of 19%
−Price trades below its 200-day moving average (0.8x)
−Price is 40.5% below its 52-week high
−Promoter holding fell by 12.6pp over the last year
−Piotroski F-Score of 2/9 is in the weak band (≤3)
−Balance-sheet accruals of 12.5% of average assets — earnings are not cash-backed

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Dec 2018Mar 2019Jun 2019Sep 2019Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales3,4743,1463,1133,1027,1778,1028,9979,6928,7669,77710,48411,15611,337
Expenses3,4543,1243,0773,0066,7677,6398,4399,1768,4459,22510,04910,71010,794
Operating Profit19233695410462558516321552434445543
OPM %0.5%0.7%1.2%3.1%5.7%5.7%6.2%5.3%3.7%5.6%4.1%4.0%4.8%
Other Income1728162325312453135127−1124
Interest37384344192020252435353641
Depreciation36343434575670856263626253
Profit before tax−37−21−2540359417491458249505364236453
Net Profit−36−22−2540263309371359180517593524336
EPS (₹)−0.950.02−0.040.582.422.843.423.301.664.755.464.823.09

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2025Mar 2026TTM
Sales14,28218,18330,27029,85728,49931,56130,24019,17312,02712,72933,75840,17042,754
Expenses13,92117,61929,54529,10327,89030,93830,12719,92817,13412,65231,80238,40740,779
Operating Profit361564725755609623114−755−5,107771,9561,7621,975
OPM %2.5%3.1%2.4%2.5%2.1%2.0%0.4%−3.9%−42.5%0.6%5.8%4.4%4.6%
Other Income2071893434483202529915036116132−27−29
Interest1862917226767126131,43997297114395133148
Depreciation100124150166177160167159143138268248240
Profit before tax28133819636140102−1,393−1,736−6,186−881,7261,3541,558
Net Profit17823488283073−1,274−1,363−5,755−881,3011,8141,970
EPS (₹)2.222.260.872.730.000.80−12.71−13.09−56.25−0.1011.9716.6818.12

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2025Mar 2026Jun 2026
Equity Capital5367676767676765656572218—
Reserves1,8892,1392,1552,3532,2992,1872,367857−4,772−4,78411,29812,879—
Borrowings2,4564,5146,2207,3793,8574,1895,8635,9238,0798,8657882,789—
Other Liabilities3,6104,4266,1777,0237,8728,4188,9516,6784,4213,8183,3592,917—
Total Liabilities8,00711,14614,61916,82214,09514,86117,24813,5237,7947,96415,51718,802—
Fixed Assets1,9652,2332,4972,6612,7042,4555,6705,5375,3895,2415,5535,366—
CWIP130183241213144112422928279551—
Investments1421181421621681539150443115824—
Other Assets5,7718,61111,74013,78611,07912,14111,4457,9072,3332,6659,71113,361—
Total Assets8,00711,14614,61916,82214,09514,86117,24813,5237,7947,96415,51718,802—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2025Mar 2026
Cash from Operating Activity668202−977715−2,0303,946−271−412441979225197−333
Cash from Investing Activity−167−373−220−214791131041786−68−98−14−840
Cash from Financing Activity−3226321,4501,011588−4,234−3563−669−970−7−6111,680
Net Cash Flow1794612531,512−1,363−174−169168−141−59120−428507

Ratios

As of 31 Mar 2026
13 periods
Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2025Mar 2026
ROCE %11.012.011.012.011.09.010.01.0−11.0−106.02.0—12.0
ROE %————————————16.0
EPS (₹)1.692.222.260.872.730.000.80−12.71−13.09−56.25−0.1011.9716.68
Book Value (₹)————————————120.0
Face Value (₹)————————————2
P/E————————————18.1
Div Yield %————————————1.39
NPM %0.81.21.30.30.90.00.2−4.2−7.1−47.7−0.73.84.5
OPM %0.02.53.12.42.52.12.00.4−3.9−42.00.66.04.4
D/E1.631.262.052.803.051.631.862.416.42——0.070.21
P/B————————————3.0

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+3.0%
TTM+20.0%
Compounded profit growth
10 years+13.0%
TTM+78.0%
Stock price CAGR
10 years+47.0%
5 years+1.0%
3 years−7.0%
Last year−39.0%
Return on equity
Last year16.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters57.28%57.28%57.28%28.08%99.03%98.90%98.90%80.82%73.77%69.45%68.25%68.25%
FIIs0.45%0.45%0.00%0.00%0.00%0.00%0.00%2.79%10.58%13.42%9.20%8.53%
DIIs0.14%0.14%0.21%0.08%0.00%0.00%0.01%2.26%2.57%8.71%12.06%11.05%
Government0.00%0.00%0.17%0.23%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public42.13%42.13%42.34%71.60%0.96%1.10%1.09%14.13%13.07%8.42%10.49%12.16%
No. of shareholders33,68833,68849,52686,81382,02284,03993,9423,25,8712,58,6522,11,0012,14,6232,24,173
Change since Jun 2023 (pp)
Promoters +10.97FIIs +8.08DIIs +10.91Public −29.97

Documents

As of 11 Oct 2026
Announcements
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Shareholder Meeting / Postal Ballot-Scrutinizer''s ReportShareholder Meeting / Postal Ballot-Outcome of AGMClosure of Trading WindowDisclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015.
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026RecordingJun 2026TranscriptFeb 2026TranscriptFeb 2026TranscriptNov 2025TranscriptNov 2025PPTNov 2025Recording

Corporate actions

As of 21 Aug 2026
21 Aug 2026DIVIDENDInterim Dividend - Rs 1.50 Per Share—
24 Apr 2026DIVIDENDInterim Dividend - Rs 1.75 Per Share—
13 Nov 2025DIVIDENDInterim Dividend - Rs 1.75 Per Share—
11 Sep 2025BONUSBonus 2:1—
3 Sep 2025DIVIDENDDividend - Rs 2 Per Share—
4 Nov 2024DIVIDENDInterim Dividend - Rs 8 Per Share—
21 Mar 2024DIVIDENDInterim Dividend - Rs 6 Per Share—
21 Sep 2023DIVIDENDAnnual General Meeting/Dividend - Rs 6 Per Share—
23 Sep 2022DIVIDENDDividend - Rs 5 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman