- Patanjali Foods Ltd reported a 4th-quarter net income of 3.59 billion rupees, showing a 74% increase year-over-year, meeting the estimated 3.62 billion rupees.
- The company’s revenue for the quarter stood at 96.92 billion rupees, marking an 18% year-over-year growth, surpassing the estimated 94.31 billion rupees.
- The total costs for Patanjali Foods were reported at 92.9 billion rupees, reflecting a 15% rise compared to the previous year.
- Raw material costs saw a significant increase, rising by 47% year-over-year to reach 61.2 billion rupees.
- The dividend declared per share was 2 rupees.
- Analysts showed strong confidence in the company’s performance, with 4 buy recommendations and no holds or sells.
A look at Patanjali Foods Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Patanjali Foods is positioned well for the long term. With a strong momentum score of 5, the company is showing promising growth potential that investors should pay attention to. Additionally, scoring 3 in both Dividend and Growth categories, Patanjali Foods demonstrates a balance between generating returns for shareholders and investing in future growth opportunities. This indicates a stable outlook for the company in terms of dividends and expansion prospects.
Moreover, Patanjali Foods scores a 3 in Resilience, showcasing its ability to navigate challenges and sustain operations effectively. While the Value score of 2 indicates there may be some opportunities for improvement in terms of the company’s valuation, the overall positive Smart Scores suggest that Patanjali Foods, a subsidiary of Ruchi Soya Industries Limited, is well-positioned to deliver consistent performance and capitalize on market opportunities in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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