Ruchi Soya Industries, a prominent entity in the Indian edible oils and food processing sector, has attracted considerable attention in recent years owing to its strategic initiatives and market leadership. The increasing demand for edible oils, health-oriented food products, and the overall expansion of the food processing industry provide Ruchi Soya with a robust foundation for potential growth. Looking towards Ruchi Soya Share Price / Patanjali Share Price 2026, the company’s share price target may experience significant appreciation, influenced by various elements such as market dynamics, management approaches, and the overall development of the FMCG (Fast-Moving Consumer Goods) and Agri-business sectors in India.
Overview of Ruchi Soya
Ruchi Soya Industries was once a key participant in India’s edible oil sector, recognized for its strong brand presence with products such as Saffola, a top edible oil brand, and Nutrela, a frontrunner in the soya foods and nutrition market. In 2019, the company was purchased by the Patanjali Ayurved group, which introduced new leadership and resources. This acquisition has played a crucial role in enabling Ruchi Soya to enhance its operations and refine its growth strategy, thereby positioning the company for sustained market expansion in the future.
Ruchi Soya Share Price Target 2026
Considering the aforementioned factors, Ruchi Soya is poised for significant growth in the future. Analysts express confidence in its long-term prospects, bolstered by the growing trend of health-conscious eating, the diversification of its product offerings, and the rising demand for edible oils.
Current Price ₹ 1796/-
| Year | Bullish Scenario | Intermediate Situation | Bearish Scenario |
|---|---|---|---|
| 2026 | ₹ 5000 – ₹ 5700 | ₹ 2200 – ₹ 4800 | ₹ 1500 – ₹ 2000 |
| 2030 | ₹ 8000 – ₹ 8500 | ₹ 7700 – ₹ 8000 | ₹ 6500 – ₹ 7500 |
It is challenging to establish a precise share price target for 2026; however, several factors may lead to considerable appreciation in stock prices.
- Consistent revenue expansion fueled by the health and wellness product line.
- Expanded market presence in both domestic and international markets.
- Robust brand value and extensive distribution network.
- The increasing demand for edible oils and plant-derived food items.
Considering these elements, a prudent assessment indicates that Ruchi Soya’s stock may increase by 50% to 100% within the next 2-3 years, positioning the stock at a higher valuation by 2026. Nonetheless, it is essential to keep a vigilant eye on market conditions, variations in raw material prices (particularly in the edible oils sector), and competition from other FMCG companies, as these factors could pose significant risks.
For further details, click here. www.patanjalifoods.com
Company Essentials of Patanjali Share Price
- Market Cap : ₹66,931.04 Cr.
- Enterprise Value : ₹ 67,144.99 %
- No. of Shares : 36.20 Cr.
- P/E : 67.29***** is too high
- P/B : 6.18
- Face Value : ₹ 2
- Div. Yiel : 0.32 %
- Book Value (TTM) : ₹ 299.33
- Operating Revenue : ₹ 833.58 Cr.
- Debt : ₹ 1,047.54 Cr.
- Promoter Holding : 69.48 %
- EPS (TTM) : ₹ 27.48
- Sales Growth : 0.62 %
- ROE : 7.64 %
- ROCE : 11.15 %
- Profit Growth : -13.68 %
Peer Comparison of Patanjali Share Price
| COMPANY | PRICERs. | MCAPCr. | P/B | P/E | EPSRs. | ROE% | ROCE% | P/S | EV/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| Patanjali Foods | 1,848.95 | 67,034.21 | 6.19 | 67.39 | 27.48 | 7.64 | 11.15 | 2.11 | 37.16 |
| Adani Wilmar | 263.75 | 34,285.52 | 3.68 | 28.22 | 9.35 | 3.42 | 10.27 | 0.70 | 12.70 |
| Gokul Agro Resources | 296.75 | 4,370.97 | 5.71 | 26.05 | 11.37 | 17.35 | 24.17 | 0.34 | 10.76 |
| Agro Tech Food | 788.55 | 1,941.50 | 3.95 | 486.59 | 1.64 | 1.97 | 2.99 | 2.56 | 74.60 |
| BCL Industries | 45.54 | 1,342.70 | 1.82 | 16.11 | 2.82 | 13.83 | 12.39 | 0.83 | 10.28 |
| CIAN Agro Industries | 386 | 1,080.26 | 37.24 | 347.25 | 1.11 | 21.72 | 16.28 | 6.33 | 34.62 |
Quarterly Result of Patanjali Share Price (All Figures in Cr.)
| PARTICULARS | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
|---|---|---|---|---|---|
| Net Sales | 7,821.89 | 7,910.70 | 8,221.66 | 7,173.06 | 8,154.19 |
| Total Expenditure | 7,426.59 | 7,566.67 | 7,851.04 | 6,767.28 | 7,704.67 |
| Operating Profit | 395.30 | 344.04 | 370.62 | 405.78 | 449.52 |
| Other Income | 23.91 | 46.60 | 126.37 | 29.30 | 44.34 |
| Interest | 24.02 | 25.15 | 115.90 | 18.96 | 20.13 |
| Depreciation | 60.10 | 59.70 | 81.36 | 56.96 | 56.45 |
| Exceptional Items | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 335.08 | 305.79 | 299.72 | 359.15 | 417.28 |
| Tax | 80.54 | 89.25 | 93.40 | 96.25 | 108.31 |
| Profit After Tax | 254.54 | 216.54 | 206.32 | 262.90 | 308.97 |
| Adjusted EPS (Rs) | 7.03 | 5.98 | 5.70 | 7.26 | 8.54 |
Profit & Loss of Patanjali Share Price (All Figures in Cr. Adjusted EPS in Rs.)
| PARTICULARS | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|
| Net Sales | 13,117.79 | 16,318.63 | 24,205.38 | 31,524.66 | 31,721.35 |
| Total Expenditure | 18,450.26 | 15,362.73 | 22,714.77 | 30,238.47 | 30,435.17 |
| Operating Profit | -5,332.47 | 955.90 | 1,490.61 | 1,286.18 | 1,286.18 |
| Other Income | 5,791.28 | 64.34 | 79.01 | 297.15 | 240.27 |
| Interest | 112.65 | 372.59 | 358.50 | 244.74 | 197.54 |
| Depreciation | 135.77 | 133.25 | 136.73 | 159.63 | 268.83 |
| Exceptional Items | 7,447.64 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 7,658.02 | 514.40 | 1,074.38 | 1,178.96 | 1,060.09 |
| Tax | -14 | -166.37 | 268.07 | 292.52 | 294.93 |
| Net Profit | 7,672.02 | 680.77 | 806.31 | 886.44 | 765.15 |
| Adjusted EPS (Rs.) | 259.40 | 23.02 | 27.26 | 24.49 | 21.14 |
Balance Sheet of Patanjali Share Price (All Figures are in Crores.)
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|
| Equity and Liabilities | |||||
| Share Capital | 59.15 | 59.15 | 59.15 | 72.38 | 72.38 |
| Total Reserves | 3,311.75 | 4,003.26 | 6,111.69 | 9,774.18 | 10,132.93 |
| Borrowings | 2,953.83 | 2,879.85 | 2,705.54 | 78.13 | 0 |
| Other N/C liabilities | 325.02 | 168.95 | 309.22 | 61.96 | -57.33 |
| Current liabilities | 1,216.13 | 1,729.51 | 2,253.61 | 3,201.92 | 3,026.12 |
| Total Liabilities | 7,867.61 | 8,842.45 | 11,440.94 | 13,190.31 | 13,176.05 |
| Assets | |||||
| Net Block | 5,070 | 4,954.45 | 4,900.42 | 5,148.10 | 4,962.85 |
| Capital WIP | 25.20 | 26.83 | 27.97 | 79.59 | 100.50 |
| Intangible WIP | 0 | 0 | 0 | 0 | 0.89 |
| Investments | 7.38 | 18.63 | 29.21 | 19.90 | 28.68 |
| Loans & Advances | 138.71 | 143.30 | 114.97 | 104.18 | 97.05 |
| Other N/C Assets | 21.28 | 14.81 | 17.02 | 13.76 | 216.56 |
| Current Assets | 2,605.03 | 3,684.43 | 6,351.36 | 7,824.77 | 7,769.53 |
| Total Assets | 7,867.61 | 8,842.45 | 11,440.94 | 13,190.31 | 13,176.05 |
Corporate Actions of Patanjali Share Price (Dividend)
| EX DATE | RECORD DATE | DIVIDEND% | AmountRs. | TYPE |
|---|---|---|---|---|
| 04 Nov 2024 | 04 Nov 2024 | 400 | 8 | Interim |
| 21 Mar 2024 | 21 Mar 2024 | 300 | 6 | Interim |
| 21 Sep 2023 | 22 Sep 2023 | 300 | 6 | Final |
| 23 Sep 2022 | 27 Sep 2022 | 250 | 5 | Final |
“The financial figures mentioned in this analysis are derived from Ticker by Finology for accuracy and reliability.”
Elements Influencing Ruchi Soya’s Growth Potential by 2026
Increasing Demand for Nutrient-Rich Food Products
As the population of India increasingly prioritizes health and becomes more cognizant of lifestyle-related diseases, there is a notable shift towards healthier food choices, especially within the edible oils and nutritional products sector. The demand for oils, including soybean oil, sunflower oil, and olive oil, has experienced substantial growth. Ruchi Soya, with its robust lineup of health-oriented brands such as Nutrela Soya Oil and Saffola, stands to gain significantly from this emerging trend.
As more Indians adopt healthier lifestyles, Ruchi Soya is strategically positioned to meet this changing demand. By broadening its range of products within the health and wellness sector, the company has the potential to enhance its revenue growth, which could subsequently have a favorable impact on its stock price in the coming years.
Broadening Investment Portfolio and Enhancing Diversification
Under the guidance of Patanjali Ayurved, Ruchi Soya has expanded its product offerings beyond edible oils to include a variety of food items, such as snacks, frozen foods, and nutritional products. The Nutrela brand, for example, provides soy-based options like snacks, soya chunks, and tofu, which are increasingly favored in response to the rising interest in plant-based and protein-rich diets.
The company’s expansion into new sectors, including plant-based protein and alternative food sources, has the potential to enhance its market share and revenue generation abilities. These strategic initiatives place Ruchi Soya in a favorable position for sustainable growth, which is expected to increase investor confidence and lead to price appreciation by 2026.
Government Initiatives and the Expansion of the FMCG Sector
The Indian government has maintained a steady emphasis on the agricultural and fast-moving consumer goods (FMCG) sectors, providing various incentives aimed at enhancing domestic production and decreasing dependence on imports. The Atmanirbhar Bharat initiative, which advocates for self-reliance in India, is anticipated to significantly boost the demand for food and agricultural products produced locally.
Ruchi Soya, due to its extensive involvement in India’s supply chain for oils, food, and nutrition products, is well-positioned to take advantage of these policy initiatives. Additionally, as the middle class continues to grow and the demand for packaged foods increases, Ruchi Soya is set to benefit from the expansion of the Indian FMCG market.
Strategic Promotion and Brand Resilience
Ruchi Soya’s brands, especially Saffola and Nutrela, enjoy significant brand equity and consumer confidence. The company’s robust distribution network, along with the widespread appeal of Patanjali Ayurved’s brand, provides Ruchi Soya with a competitive advantage in securing a greater market share throughout India.
Patanjali’s well-established marketing strategies and dedicated customer base offer Ruchi Soya a strong foundation to enhance its presence in Tier 2 and Tier 3 cities, where there is a growing demand for affordable yet high-quality food products. This expansion into previously untapped markets is expected to have a favorable impact on the company’s earnings and overall stock performance by the year 2026.
Growth into International Markets
Ruchi Soya is not solely concentrating on the domestic market; it is also broadening its reach into international markets. Given that India ranks among the largest producers and exporters of edible oils, Ruchi Soya’s expanding international presence, particularly in emerging markets, is expected to contribute substantially to its revenue streams.
With the increasing global demand for Indian food products, Ruchi Soya’s international operations may play a significant role in enhancing its revenue growth. This expansion into international markets could serve as a crucial element influencing the stock’s performance in the years ahead.
Robust Financial Outcomes Following the Acquisition
Following its acquisition by Patanjali, Ruchi Soya has experienced enhanced operational efficiencies and effective cost management, resulting in improved financial stability. The company’s resurgence in profitability and growing market share have significantly increased its attractiveness to investors.
Ruchi Soya is anticipated to maintain strong financial performance due to its solid balance sheet, enhancing profit margins, and the operational support from Patanjali Ayurved. This positive outlook is expected to bolster investor confidence, thereby attracting a greater number of institutional and retail investors, which may lead to an increase in the stock price by 2026.
Conclusion
Ruchi Soya, supported by the management of Patanjali Ayurved, is well-positioned for significant growth in the years ahead. With the rising consumer demand for health-oriented food products and the company’s plans to broaden its product range, Ruchi Soya’s stock price may experience a considerable increase by 2026. Investors seeking long-term growth prospects in the FMCG and food processing sectors should evaluate Ruchi Soya as a viable option for their investment portfolios.
It is crucial to conduct thorough due diligence and a meticulous examination of market trends and financial statements prior to making any investment decisions. While the outlook for Ruchi Soya appears favorable, one must remain cognizant of the potential risks linked to market volatility within the food and agriculture industry.
Read more: Patanjali Share Price