Patanjali Foods Limited engages in the processing of oil seeds and refining crude oil for edible use in India. The company operates through Edible Oils, Food & FMCG, and Wind Power Generation segments. The company offers crude and refined oil; vanaspati, bakery fats, seed extractions, and other related products; mustard, soyabean, sunflower, rice bran, sesame, groundnut, and roasted/virgin coconut oil; palm, castor, and soya derivatives, as well as glycerine; and soya value-added products, such as soya flakes, lecithin, textured vegetable protein, grits, flour, and soybean meal. It also provides food products comprising dry fruits, ghee, honey, flour, sugar, salt, juices, beverages/drinks, sharbat, roasted diet, herbal products, rice, pulses, spices, and namkeen products; biscuits, breakfast cereals, candy, jam, noodles, pickles, sauces, sweets, and tea products; soya chunks and granules, maxs millet, maxx millet oats, maxx nuts; and nutraceutical products. In addition, the company generates electricity from windmills; and trading of various products. It sells its products under the Patanjali, Nutrela, Mahakosh, Sunrich, and Ruchi Gold brands. The company was formerly known as Ruchi Soya Industries Limited and changed its name to Patanjali Foods Limited in June 2022. Patanjali Foods Limited was incorporated in 1986 and is based in Indore, India.
Revenue projections:
Revenue projections for PATANJALI Investors are expected to be cautious with PATANJALI, as its revenues are projected to fall compared to last year. A decline in revenue often results in a negative impact on profitability, prompting concerns about the company's financial stability and making investors more conservative in their approach.
Financial Ratios:
currentRatio
2.289000
forwardPE
31.374346
debtToEquity
6.927000
earningsGrowth
0.739000
revenueGrowth
0.179000
grossMargins
0.155630
operatingMargins
0.044470
trailingEps
35.930000
forwardEps
0.000000
Patanjali Foods Limited's current ratio is 2.289, signaling that the company has sufficient cash reserves and current assets to cover its short-term debt obligations. This suggests financial stability, as Patanjali Foods Limited should not face any issues meeting its short-term liabilities with available resources. Patanjali Foods Limited's positive earnings and revenue growth reflect an optimistic outlook for the company's future. The growth in these key areas indicates that Patanjali Foods Limited is expected to continue expanding its business and boosting its financial performance in the coming periods.
Recommendation changes over time:
Recommendations trend for PATANJALI
Analysts' buy bias toward PATANJALI suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, PATANJALI is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.
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