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Page 4 - Patanjali Ayurved

Patanjali takes cue from FMCG players, pivots away from branded franchise outlets

Patanjali has set a target of increasing the number to 25,000 in two years

Updated On : 11 Jul 2017 | 12:29 PM IST

Is Patanjali's Rs 20,000 crore revenue target realistic? Experts weigh in

With a reported turnover of Rs 10,561 crore in financial year 2017 (FY17), Baba Ramdev and Acharya Balkrisha - led Patanjali Ayurved Limited (PAL) expects its revenue to hit Rs 20,000 crore mark.Analysts, however, are sceptical and are of the view that Patanjali may not be able to achieve this steep revenue target in FY18 purely on the basis of growth in the FMCG segment given the current industry growth rates and that the revival in rural demand is still some time away."One must be mindful that this Rs 20,000 crore will also include commodity related products such as rice, wheat, edible oil, milk etc. Growth rates for pure FMCG products are likely to slow down. Patajnali is now quite big in products like honey, toothpaste, shampoos and hair oil. So from the base these pure FMCG products has created, doubling of revenue looks very difficult. The category growth rates will be around 13% at best. Though penetration into newer markets will help, doubling still seems a farfetched idea as .

Updated On : 05 May 2017 | 9:52 AM IST

Patanjali eyes 20% share in country's processed food market

Food processing industry is worth Rs 85k crore and Patanjali has a share of around 10%: Balkrishna

Updated On : 20 Apr 2017 | 9:56 PM IST

Patanjali Ayurved gets 172 acres for food park in Andhra Pradesh

BS ReporterHyderabad, 1 March: Andhra Pradesh government has allotted 172 acres of land to Yaga guru Baba Ramdev-promoted Patanjali Ayurved Limited for setting up a mega food park in the north coastal district of Vizianagaram. The land allotment orders comes in less than two months after the company has formally submitted an application in connection with the proposed facility. The company plans to develop the facility with an initial capacity of 2 lakh tonnes per annum, which would be further expandable to 3 lakh tonnes, at an investment of Rs 500 crore. The company would use the AP facility to process the commodities such as spices, rice, pulses, millets besides vegetables, citrus fruits, banana, mango, guava, pine apple, amla, aloevera, coconut, oil palm etc, which would be sold under Patanjali brand across the country. It is setting up processing units strategically close to the places of agriculture crops it would like to procure as a part of its food business.In November last .

Updated On : 01 Mar 2017 | 9:24 PM IST

For the first time, Ramdev's Patanjali gets a rating upgrade

For the first time, Patanjali Ayurved, co-founded by yoga guru Ramdev and his deputy, Balkrishna, has got a rating upgrade.ICRA has revised its long-term rating upgrade for the company from the earlier 'A-' to one of 'A+', for Rs 300 crore of fund-based facilities. And, upgraded the short-term ratingy from A2+ to A1 for Rs 20 crore of non-fund based facilities.This indicates growing confidence in Patanjali's financial health. The facilities in question pertain to loans the company has taken for expansion and working capital. The upgrade, said ICRA, takes into account the "robust internal accrual generation, leading to low reliance on debt, as well as gearing levels, and strong debt protection metrics".The report also says Patanjali has a comfortable liquidity position and is cushioned against a slowdown due to its presence in multiple categories across the fast-moving consumer goods (FMCG) value chain.The ICRA report also does point to risks. Such as the fragmented nature of FMCG, ...