Patanjali Foods Ltd. Company Profile: Products, Promoters and Clients
Patanjali Foods Ltd. Company Description
It is a key player in processing oilseeds and refining oil for edible use.
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Q1.What are the Products and Service offerings of Patanjali Foods Ltd?
Business Segments:
1- Food & FMCG: This segment covers a variety of products including foods, biscuits, nutraceuticals, and Nutrela (soya food). Leveraging the strong recall of the Nutrela and Patanjali brands, the company offers over 242 products across more than 500 SKUs. The company operates 10 manufacturing locations with a monthly capacity of 15,810 metric tons.
2- Nutrela Business: With a 40-year brand legacy, Ruchi is a leading player in the branded soya chunks market. The company operates three manufacturing plants with a combined capacity of 185,000 metric tons per annum. It has also introduced premium products like the dry fruit range 'Nutrela MaxxNuts' and millet-based 'Nutrela MaxxMillets'.
3- Nutraceuticals Business: An emerging player in the nutraceutical sector, Ruchi offers products based on a blend of Ayurveda and modern science. The company has 22 products available in 35 SKUs.
4- Edible Oils Segment: This segment includes the refining and crushing of edible oils and oil palm plantation. Patanjali operates 22 manufacturing plants with significant capacities for refining (3.93 million metric tons) and seed extraction (3.91 million metric tons). The company is also backward integrated through oil palm plantations, covering 0.6 million hectares across 12 states.
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5- Edible Oil Brands: Ruchi Gold, Mahakosh, Sunrich, Nutrela, and Patanjali.
6- Oil Palm Plantation Business: Ruchi is the largest player in the country in terms of allocated area, operating under a PPP structure with an asset-light business model. The total area under cultivation is approximately 68,000 hectares with 37 nurseries across India, 18 of which are in the Northeast.
The company imported 40 lakh seed sprouts in YTD FY24. There is rapid expansion with plantations less than three years old making up 28% of the total, compared to 19% in March 2023.
7- Revenue Mix H1FY24:
- Food & FMCG: 28% (up from 20% in FY23)
- Edible Oils: 72% (down from 80% in FY23)
Q2.Who are the Promoters of Patanjali Foods Ltd?
The company is wholly owned by Ruchi Soya industries ltd. and Acharya Balkrishna Ji and Swami Ramdev are the senior directors of the company
Q3.Who are the Clients of Patanjali Foods Ltd?
The company operates under its umbrella of brands.
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