Patanjali Foods Ltd
Patanjali Foods Ltd (PATANJALI)

Patanjali Foods Ltd (PATANJALI)

₹1375.950.5%

Key Stats

₹1338
Day's Price Range
₹1388.2
₹700.05
52-Week Price Range
₹1495
1 Month Return13.53 %
3 Month Return29 %
1 Year Return29.45 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 11
795.93
EPS
Rank 11
₹1.72
BVPS
Rank 11
₹-144.54
Dividend Yield
Rank 8
ROE
Rank 8
15.76%
Price To Book Ratio
Rank 12
-9.48
Debt To Asset
Rank 1
1.59

Company Information

Ruchi Soya Industries was incorporated as a Public Limited Company under Companies Act 1956 pursuant to a Certificate of Incorporation dated January 6 1986 issued by the Registrar of Companies Maharashtra at Mumbai. The Company commenced operations pursuant to a Certificate for Commencement of Business dated January 14 1986 issued by RoC. The Promoters acquired the Company pursuant to the completion of Corporate Insolvency Resolution Process CIRP initiated before the National Company Law Tribunal at Mumbai in terms of the Insolvency and Bankruptcy Code IBC 2016 as amended and upon implementation of the Patanjali Resolution Plan PRP.The Company is primarily engaged in the business of processing of oilseeds and refining of crude oil for edible use. The Company is also engaged in trading in various products and generation of power from wind energy. The Company produces oil meal food products from soya nutraceutical products biscuits and value added products from downstream and upstream processing. Ruchi Soya Industries a company which has been in the business of edible oils for over two decades. They are offering a cooking medium to match the various tastes of this vast and varied nation. They are the leader in edible oil and soya food businesses in India. They are the first exporter of Soya Bean Meal from India. They are the also leading manufacturer of Textured Soya Protein and Vanaspati. At present Ruchi Soya Industries has only one subsidiary namely Ruchi worldwide Ltd. The company plants are located at Indore Shajapur Narsinghpur and Mandla in Madhya Pradesh Mangalore in Karnataka Raigad and Nagpur in Maharashtra Haldia in West Bengal Gandhidham in Gujarat Thiruvallur in Tamilnadu Sriganganagar and Bundi in Rajasthan.Ruchi a pioneer Soya Processor Group commenced operations in the year 197273.In the year 1980 the Company launched soya chunks through the brand Nutrela as a highprotein addon to vegetables.In March 1991 the production in Vanaspati plant edible soya flour and oil commenced with capacity of 7500 MT 60000 MT 12000 MT respectively.During the year 199192 the Company increased their existing capacity of Textured Soya Protein by 12000 MT to 24000 MT and Vanaspati by 7500 MT to 15000 MT. Also they commenced the production in their Lecithin Plant during the year.During the year 199293 the Company increased the production capacity of Vanaspati from 15000 MT to 30000 MT. Also they installed Soyabean Extraction with a capacity of 60000 MT. In the year 199495 the production capacity of oil has been increased from 30000 tpa to 55000 tpa and Soyabean Extraction from 60000 tpa to 185000 tpa. In the year 199596 they further increased the production capacity of Soya bean extraction oils and Vanaspati by 247000 tpa 53000 tpa and 22500 tpa respectively.In the year 199798 the Company launched two new brands namely SUNRICH for Sunflower Refined Edible Oil and RUCHI GOLD for Refined Edible Palmolein Oil. In the year 199899 the Company launched two products namely Ruchi Sona and Ruchi Star.In the year 19992000 the Company has invested in equity shares of Ruchi Health Foods Ltd which has become wholly owned subsidiary of the company. Also in the same year Imperial Exports Ltd has ceased to be a subsidiary of the company. In the same year one of the subsidiary company has set up a Refinery unit near Chennai which has commenced commercial production in the month of January 2000. The Company has also increased the capacity of Vanaspati by 70000 MT during this period.During the Year 20012002 the Company has set up a composite unit comprising of Refinery Vanaspati and Texturised Vegetable Protein Plants at Mangalore. The production capacity of Texturised Soya proteins has been increased by 30000 MT to 54000 MT and Oil by 189000 MT to 297000 MT.During the Year 20022003 the capacity of Soyabean Extraction Oil and Vanaspati has increased to 555000 687000 and 172500 respectively. During the year 20032004 the Company set up a composite Unit Comprising of edible oil refinery and Vanaspati Plant at Raigad in Maharashtra. The Company acquired a Solvent Extraction Plant at Sriganganagar in Rajasthan through its Wholly owned Subsidiary Aneja Solvex Ltd during the year.In the same year the Company has launched two new product in the bakery segment namely Avanti and Bakefat. Also they launched Nutrela Proflo defatted soya flour which offers the consumers another option to include soya in their diet.During the year 20042005 the Company has set up a solvent extraction plant and refinery unit at Nagpur in Maharashtra. The Company has also commissioned wind turbine of 1.2 MW capacity at Nagda Hills Dewas in Madhyapradesh for generation of Power for captive use. The Capacity of Textured Soya Proteins Seed Extraction Oils were also increased to 84000 MT 1047000 MT and 1101000 MT respectively.In the year 200506 General Foods Limited Ruchi Health Foods Limited Ruchi Credit Corporation Limited Aneja Solvex Limited Param Industries Limited and Ruchi Private Limited have been amalgamated with Ruchi Soya Industries Limited. The SVF business of Anik Industries Limited formerly known as Madhya Pradesh Glychem Industries Limited has also been acquired by the Company on slump sale basis.In the same year the Company has increased their production capacity for Textured Soya Proteins by 30000 MT to 114000 MT Seed Extraction by 847224 MT to 1894224 MT Oil by 951000 MT to 2052000 MT and for Vanaspati by 237000 MT to 469500 MT. In the year 200607 they furher increased the capacity for Textured Soya Proteins by 26000 MT to 140000 MT Seed Extraction by 233700 MT to 2127924 MT Oil by 160000 MT to 221200 MT and for Vanaspati 237000 MT to 469500 MT.1526023 equity shares were allotted to Ruchi Soya Industries Limited Beneficiary Trust on November 23 2006 as per the orders dated June 16 2006 and June 30 2006 passed by High Court of Bombay sanctioning the Scheme of Amalgamation and Arrangement. These equity shares were subsequently subdivided into 7630115 Equity Shares in the ratio of 1:5 on November 3 2007. During the FY 201920 the Patanjali Resolution Plan as submitted by Patanjali Consortium was approved by the National Company Law Tribunal and successfully implemented. A petition was filed before the National Company Law Tribunal Mumbai and the same was accepted on account of defaults by the Company. During the FY 202021 the Company launched three new products under the Nutrela brand i.e. a high protein chakki atta premium blended edible oils and honey. Further the Company expanded packaged food portfolio by acquiring the Patanjali product portfolio of biscuits cookies rusks noodles and breakfast cereals.In FY 2021 the Company has been recognized as a Great Place to Work by Great Place to Work Institute India.In FY 202122 the Company launched nutraceutical and wellness products. It acquired biscuit division from Patanjali Natural Biscuits Private Limited. The Company further acquired noodles and breakfast cereals by an assignment agreement with Patanjali Ayurved Limited. During the year the Company executed Distributor Agreement with Patanjali Ayurved Limited. During the year 2021 the Company acquired biscuits cookies rusk and other associated bakery product business from one of its promoter Patanjali Natural Biscuits Private Limited including manufacturing unit at Bhagwanpur District Haridwar on a going concern basis through a business transfer agreement dated May 11 2021. The Company further acquired noodles and breakfast cereal business from Patanjali Ayurved Limited through an assignment agreement dated June 2 2021.During the year 2021 allotment was made pursuant to the Scheme of Amalgamation sanctioned by the High Court of Bombay dated June 16 2006 of Aneja Solvex Limited Ruchi Credit Corporation Limited with the Company where all shares of Aneja Solvex Limited were cancelledand in ratio of 4 equity shares of face value Rs. 10/ each of the Company for every 29 equity shares of Ruchi Credit Corporation Limited the Composite Scheme of Amalgamation and Arrangement sanctioned by the High Court of Bombay dated June 30 2006 of Anik Industries Limited General Foods Limited Madhya Pradesh Glychem Industries Limited Ruchi Health Foods Limited Ruchi Private Limited Nutrela Marketing Private Limited with the Company in the ratio of 20 equity shares of face value Rs. 10/ each of the Company for every 33 equity shares of General Foods Limited 2 equity shares of face value Rs.10/ each of the Company for every 25 equity shares of Ruchi Health Foods Limited and 53 equity shares of face value Rs 10/ each of the Company for every 2 equity shares of Ruchi Private Limited and the Scheme of Amalgamation sanctioned by the High Court of Bombay dated November 17 2006 of Param Industries Limited and the Company in the ratio of 2 equity shares of face value Rs. 10/ each of the Company for every 3 equity shares of Param Industries Limited. During the year 2021 allotment was made pursuant to the Scheme of Amalgamation sanctioned by the High Court of Bombay on May 7 2010 of Mac Oil Palm Limited and the Company. During the year 2021 allotment was made pursuant to the Scheme of Amalgamation sanctioned by the High Court of Bombay on July 9 2010 of Palm Tech India Limited and the Company in the ratio of 19 Equity Shares of the Company for every 25 equity shares of Palm Tech India Limited.During the year 2021 allotment was made pursuant to the Scheme of Amalgamation sanctioned by the High Court of Bombay on December 16 2010 of Sunshine Oleochem Limited and the Company in the ratio of 1 Equity Share of the Company for every 13 equity shares of Sunshine Oleochem Limited.Allotment of 142500000 Equity Shares to Patanjali Ayurved Limited 60000000 Equity Shares to Divya Yog Mandir Trust 50000000 Equity Shares to Patanjali Parivahan Private Limited and 40000000 Equity Shares to Patanjali Gramudhyog Nayas pursuant to the Scheme of Restructuring and Amalgamation forming part of the Patanjali Resolution Plan sanctioned by the NCLT Order dated July 24 2019 read with the Order dated September 4 2019 of Patanjali Consortium Adhigrahan Private Limited and the Company in the ratio of 1 Equity Share of the Company for every 1 equity share of Patanjali Consortium Adhigrahan Private Limited was made by the Company in FY 2021. In 2022 the Company has ventured into niche and a high growth FMHG segment by launching of Nutraceutical business.
OrganisationPatanjali Foods Ltd
HeadquartersMumbai
IndustryEdible Oil