Patanjali Foods (PATANJALI) Q4 24/25 earnings summary

Executive summary

• Achieved highest-ever quarterly and annual revenue, gross profit, and margins in Q4FY25 and FY25, with annual EBITDA reaching ₹2,079.06 crore, up 36.89% YoY, and PAT up 70.08% to ₹1,301.34 crore.

• Edible Oils segment EBITDA surpassed ₹1,000 crore in FY25, with branded oils contributing over 75% of sales.

• Integration of the HPC business contributed 7.47% to Q4FY25 revenue and 20.03% to EBITDA, with strong margins and new product launches.

• Food & FMCG, including HPC, accounted for 30.61% of Q4FY25 revenue, with biscuits and ghee as key contributors.

• Distribution network expanded to nearly 2 million direct retail outlets, with rural outreach and e-commerce channels strengthened.

Financial highlights

• Q4FY25 revenue from operations: ₹9,692.21 crore, up 17.8% YoY; FY25 revenue: ₹34,289.40 crore.

• Q4FY25 gross profit: ₹1,656.39 crore (margin 17.09%); Q4FY25 EBITDA: ₹568.88 crore (margin 5.87%); PAT: ₹358.54 crore (margin 3.68%).

• FY25 EBITDA: ₹2,079.06 crore (margin 6.09%), PAT: ₹1,301.34 crore (margin 3.8%).

• Modern retail sales grew 7% and e-commerce sales rose 28% YoY in FY25.

• Export revenues in Q4FY25 were ₹73.44 crore, with presence in 29 countries.

Outlook and guidance

• Targeting 15% annual growth in HPC segment, with margin expansion of 200 basis points expected in 4-5 quarters.

• Food and FMCG segment expected to recover with 8-10% growth, driven by urban demand revival and distribution expansion.

• Edible oil margins expected to remain stable at 2-4%, with volume growth of 2-3% in FY26.

• Palm plantation area to expand to 500,000 hectares in five years, supporting long-term growth.

• Focus on high-margin, long-term annuity business in oil palm and further backward integration.