Patanjali Foods Limited – Q1 FY26 Results Summary
Announcement Date: August 14, 2025
Financial Highlights (Standalone & Consolidated):
- Revenue: ₹889.97 crore in Q1 FY26, up 24% YoY (₹717.72 crore in Q1 FY25), down 8.2% QoQ (₹969.22 crore in Q4 FY25).
- EBITDA: ₹334.17 crore (3.75% margin) on total income basis; Food & FMCG segment EBITDA margin at 5.23%.
- Profit After Tax (PAT): ₹180.39 crore; PAT margin 2.02%.
- Earnings Per Share (EPS): ₹4.98 (not annualized for the quarter).
Segment Performance:
- Edible Oils: ₹668.59 crore revenue; PBT ₹82.11 crore.
- Food & Other FMCG: ₹166.07 crore revenue; PBT ₹76.98 crore; EBITDA ₹86.83 crore.
- Home & Personal Care (HPC): ₹63.90 crore revenue; PBT ₹113.13 crore; EBITDA ₹119.50 crore (35.98% of total EBITDA).
- Wind Turbine Power Generation: ₹11.87 crore revenue; PBT loss of ₹1.91 crore.
- Export sales: ₹39.34 crore to 27 countries.
- Key product growth YoY: Biscuits +8.24%, Ghee +23%, Nutraceuticals +37.6%.
- Staples revenue share declined due to government duty-free imports.
Management Commentary:
- Inflation eased to 2.1% in June 2025; rural demand stable, urban demand subdued amid competition and welfare schemes.
- Customs duty on key edible oils halved from May 31, 2025, leading to price adjustments and improved affordability.
- Consumer shift to smaller pack sizes and regional brands addressed via new SKUs and value packs.
- Channel shift ongoing from General Trade to Modern Trade, E-commerce, and Quick Commerce.
- Expectation of demand revival in H2 FY26 if inflation remains low and fiscal support continues.
Corporate Actions:
- Bonus shares recommended at 2:1 ratio, subject to shareholder approval.
- Employee Stock Options exercised: 3,28,790 shares allotted in Q1 FY26.
- Arbitration award related to share allotment/transfer pending adjudication; company has filed legal challenge.
Balance Sheet / Capex:
- Oil palm plantation area at 92,133 hectares (43.44% in prime yielding phase).
- No new acquisitions, disposals, impairments, or restructuring reported.
Outlook:
- Management anticipates demand improvement in the second half of FY26 contingent on continued benign inflation and liquidity conditions.