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Patanjali Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030

5 Dariya News

17-Sep-2024

Patanjali is a popular Indian household brand in the FMCG sector, which is growing rapidly and competing with other market leaders. It was earlier known as Ruchi Soya Industries Ltd., but now its name has been changed to Patanjali Foods Ltd. Friends, today we will discuss Patanjali Foods stock price targets for 2024, 2025, 2026, 2027, 2028, 2029, and 2030, from the launch of consumer-friendly items to the ambitions of this great company and where it is likely to go in the future. The stock has jumped dramatically, indicating high investor confidence and market interest.

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About Patanjali Company

Patanjali Ayurveda is an Indian global conglomerate holding corporation headquartered in Haridwar. Balkrishna and Ramdev launched it in 2006. It has an office in Delhi as well as production operations and headquarters in the industrial area of ​​Haridwar. Balkrishna controls 94 percent of the corporation, while the remaining share is divided among various individuals. As of May 2021, Balkrishna's net worth was $2.3 billion.

Patanjali Shares Current Performance And Market Indicators

Open Price: ₹1,861.80

Today’s Low Price: ₹1,843.20

Today's High Price: ₹1,874.40

Current Price: ₹1859.50

Market capitalization: ₹67,346 crore

P/E Ratio: 71.61

ROE: 7.50%

Dividend Yield: 0.32%

52-Week Low: ₹1,169.95

52-Week High: ₹1,992.20

Price Change Over the Past Year: +561.70 (43.37% Increase)

Patanjali shares have performed well recently, opening at ₹1,861.80 and fluctuating between a low of ₹1,843.20 and a high of ₹1,874.40. The current trading price is ₹1,859.50. The company has a market value of ₹67,346 crore, indicating a good position in the market. Despite a very high P/E ratio of 71.61, which may indicate overvaluation, the return on equity (ROE) is moderate at 7.50%, with a dividend yield of 0.32%. Patanjali shares have gained 43.37% in the past year, reaching ₹561.70, indicating significant investor confidence. The stock price is now trading near its 52-week high of ₹1,992.20 and well above its 52-week low of ₹1,169.95, indicating a favorable market trend.

Patanjali Share Price Target 2024

As the company's product line is expanding, Patanjali Foods' share price target of 2024 indicates a significant sell-off, with Patanjali's share price going up to Rs 1800.

Patanjali Share Price Target 2025

If we look at the Target Patanjali Foods share price for 2025, given the company's expansion in the capital city, we can see the first interest of Rs 1652.32 with strong business growth. Then you can expect a second interest of Rs 2196.20 without any doubt.

Patanjali Share Price Target 2026

Patanjali Foods share price forecast for 2026 shows you great growth as the company's distribution network seems to be getting stronger. And the price of this stock can touch Rs 2497.14.

Patanjali Share Price Target 2027

If we look at the Patanjali Foods share price by 2027, we can see that the firm is becoming self-sustaining, and there is every possibility that the initial target of around Rs 2525.65 will be achieved in addition to generating healthy profits for the company. The second target, which is Rs 2848.65, will be shown soon after you reach the first target.

Patanjali Share Price Target 2028

Patanjali Foods is reportedly planning to acquire several additional brands in its sector shortly. By 2028, there is a good chance that the stock price will be close to Rs 3015.21.

Patanjali Share Price Target 2029

In the coming years, the company's management is completely focused on delivering its products to every part of the country. For this, the company is aiming to rapidly expand its product line by tying up with many distributors across the country as per its plan. The target of the stock can be up to Rs 3464 by 2029.

Patanjali Share Price Target 2030

As the company acquires different brands through acquisitions, it will help Patanjali Foods to gain a strong foothold in the consumer's daily use products segment in the future. This will also benefit the company's shareholders in the future. The company's share price target can go up to Rs 4090.85 by 2030.

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Patanjali Shareholding


Jul 2023

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Promoters

73.82%

73.82%

73.82%

73.77%

72.81%

Retail and Other

23.09%

14.11%

13.88%

12.10%

13.86%

Foreign Institutions


10.63%

10.93%

10.58%

10.30%

Other Domestic Institutions

3.00%

6.04%

1.30%

3.41%

2.88%

Mutual Funds

0.09%

0.05%

0.06%

0.14%

0.16%

The Inox Wind shareholding chart is referred to from the Groww website.

Patanjali Balance Sheet

Balance Sheet of Patanjali Foods (in Rs. Cr.)

Mar 24

Mar 23

Mar 22

Mar 21

Mar 20


12 mths

12 mths

12 mths

12 mths

12 mths

EQUITIES AND LIABILITIES






SHAREHOLDER'S FUNDS






Equity Share Capital

72.38

72.38

59.15

59.15

59.15

Total Share Capital

72.38

150.51

509.15

509.15

509.15

Reserves and Surplus

10,132.93

9,774.18

4,821.88

4,003.26

3,311.75

Total Reserves and Surplus

10,132.93

9,774.18

4,821.88

4,003.26

3,311.75

Total Shareholders Funds

10,205.31

9,924.69

5,331.04

4,512.41

3,820.90

NON-CURRENT LIABILITIES






Long Term Borrowings

0

0

2,255.54

2,429.85

2,503.83

Deferred Tax Liabilities [Net]

0

0

0

0

0

Other Long Term Liabilities

11.07

101.02

337.26

326.08

311.54

Long Term Provisions

17.63

14.22

11.23

9.24

8.99

Total Non-Current Liabilities

28.7

115.24

2,604.03

2,765.17

2,824.36

CURRENT LIABILITIES






Short Term Borrowings

1,047.54

1,375.51

989.61

610.25

630.3

Trade Payables

1,588.37

1,338.08

898.23

660.57

172.01

Other Current Liabilities

388.41

487.99

365.94

459.14

418.94

Short Term Provisions

3.74

2.08

1.56

1.28

1.11

Total Current Liabilities

3,028.06

3,203.65

2,255.34

1,731.24

1,222.35

Total Capital And Liabilities

13,262.07

13,243.59

11,480.21

9,008.82

7,867.61

ASSETS






NON-CURRENT ASSETS






Tangible Assets

5,064.24

3,583.03

3,370.87

3,438.59

3,554.15

Intangible Assets

0

1,565.06

1,529.54

1,515.86

1,515.85

Capital Work-In-Progress

0

79.59

27.97

26.83

25.2

Other Assets

0

0

0

0

0

Fixed Assets

5,064.24

5,227.69

4,928.38

4,981.28

5,095.21

Non-Current Investments

28.68

19.9

29.21

18.63

7.38

Deferred Tax Assets [Net]

88.7

53.28

39.27

166.37

0

Long Term Loans And Advances

0

0

0

34.47

35.55

Other Non-Current Assets

306.14

114.27

127.91

119.97

120.77

Total Non-Current Assets

5,487.75

5,415.14

5,124.78

5,320.71

5,258.90

CURRENT ASSETS






Current Investments

1,012.45

17.63

12.49

11.76

12.81

Inventories

3,767.79

4,069.98

2,905.33

2,363.36

1,354.61

Trade Receivables

1,434.36

1,597.64

796.22

438.42

273.99

Cash And Cash Equivalents

833.58

1,140.52

2,016.29

386.69

455.26

Short Term Loans And Advances

0

0

0

1.12

1.2

OtherCurrentAssets

726.14

1,002.68

625.11

486.74

510.83

Total Current Assets

7,774.32

7,828.45

6,355.43

3,688.11

2,608.71

Total Assets

13,262.07

13,243.59

11,480.21

9,008.82

7,867.61

OTHER ADDITIONAL INFORMATION






CONTINGENT LIABILITIES, COMMITMENTS






Contingent Liabilities

0

368.58

350.15

86.97

35.93

CIF VALUE OF IMPORTS






Raw Materials

0

0

0

0

0

Stores, Spares And Loose Tools

0

0

0

0

0

Trade/Other Goods

0

0

0

0

0

Capital Goods

0

0

0

0

0

EXPENDITURE IN FOREIGN EXCHANGE






Expenditure In Foreign Currency

0

13,914.88

8,249.80

4,306.51

3,205.45

REMITTANCES IN FOREIGN CURRENCIES FOR DIVIDENDS






Dividend Remittance In Foreign Currency

--

--

--

--

--

EARNINGS IN FOREIGN EXCHANGE






FOB Value Of Goods

--

--

--

--

--

Other Earnings

--

476.82

243.3

323.06

241.37

BONUS DETAILS






Bonus Equity Share Capital

--

--

--

--

--

NON-CURRENT INVESTMENTS






Non-Current Investments Quoted Market Value

--

18.36

27.67

17.09

5.83

Non-Current Investments Unquoted Book Value

--

1.55

1.54

1.54

1.54

CURRENT INVESTMENTS






Current Investments Quoted Market Value

--

5.36

--

--

0.93

Current Investments Unquoted Book Value

--

12.28

12.49

12.53

12.4

This balance sheet is referred to from the MoneyControl website.

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Conclusion

Based on the company's development and expansion ambitions, encouraging estimations for Patanjali Foods Share Price Target have been offered. Investors have high expectations as a result of the company's ambitions to start an IPO, diversify into new product lines, and penetrate international markets. Furthermore, Patanjali's share price is anticipated to rise due to its ethical and Swadeshi business methods, which are crucial in fostering strong customer relationships and trust in India.

FAQs

1. Is PATANJALI a good stock to buy?

Your personal investment goals and risk tolerance will determine whether Patanjali is a good company to buy based on the information currently available. Before making any choice, it is important to do thorough research and talk to a financial advisor.

2. Is PATANJALI in profit or loss?

Patanjali Foods reported a 22% drop in standalone net profit for Q4FY24, with a profit of ₹206.32 crore, down from ₹263.71 crore in the same period last year.

3. Is PATANJALI overvalued?

Yes, Patanjali Foods Ltd. is currently overvalued by 24%, with its market price exceeding its intrinsic value.

4. Does PATANJALI give dividend?

Yes, Patanjali Foods Ltd. pays a dividend with a current yield of 0.62% and an annual payment of ₹12.

Disclaimer

This article is just for informational purposes. Forecasting of the share price targets is based on and referred to from various sources, media reports, and predictions done by brokerage houses from time to time. 

We also state that we are not SEBI-registered financial advisors. So, kindly, before taking any kind of investment in the shares, please do counsel with the certified financial advisories. 

If you have any corrections or find any wrong information, do let us know at our official contact@5dariyanews.com.