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Patanjali Foods targets ₹3,200 crore in revenue from home and personal care business by FY26
Sanjeev Asthana, CEO of Patanjali Foods, also discussed the potential impact on business from the rising input costs.
Patanjali Foods expects the home and personal care (HPC) business, which it acquired from Patanjali Ayurved, to grow at 15% clocking revenue of ₹3,100-3,200 crore by 2025-26 (FY26).
Patanjali Foods, an FMCG company based in Indore, which acquired the HPC division from Patanjali Ayurved, expects to generate .
Sanjeev Asthana, CEO of the Indore-based Patanjali Foods, said the integration process is still in the early stages and would likely be completed by the end of December.
By January, the business would be fully operational, with a well-established scale to drive growth.
Asthana also talked about the rising input cost challenges faced by the broader FMCG industry.
On December 9, FMCG stocks were down following a mid-quarter update from Godrej Consumer Products, which highlighted a 20-30% rise in palm oil prices and its impact on earnings.
As palm oil is a key ingredient in both personal care products, such as soaps, and food products like biscuits, the surge in prices is expected to impact profit margins across the industry.
While Asthana does not expect the overall impact on Patanjali Foods' portfolio to be substantial, the higher costs of palm oil and other key ingredients will inevitably affect the manufacturing costs of these products.
On an aggregate basis, palm oil usage across Patanjali Foods’ makes up about 20% of the input costs for both biscuits and soaps, with the proportion slightly higher for soaps. In total, the company uses nearly ₹1,000 crore worth of palm oil across its various business segments.
The company, which has a market capitalisation of ₹66,585 crore, has seen its shares rise 15% over the last year.
Patanjali Foods, an FMCG company based in Indore, which acquired the HPC division from Patanjali Ayurved, expects to generate .
Sanjeev Asthana, CEO of the Indore-based Patanjali Foods, said the integration process is still in the early stages and would likely be completed by the end of December.
By January, the business would be fully operational, with a well-established scale to drive growth.
Asthana also talked about the rising input cost challenges faced by the broader FMCG industry.
On December 9, FMCG stocks were down following a mid-quarter update from Godrej Consumer Products, which highlighted a 20-30% rise in palm oil prices and its impact on earnings.
As palm oil is a key ingredient in both personal care products, such as soaps, and food products like biscuits, the surge in prices is expected to impact profit margins across the industry.
While Asthana does not expect the overall impact on Patanjali Foods' portfolio to be substantial, the higher costs of palm oil and other key ingredients will inevitably affect the manufacturing costs of these products.
On an aggregate basis, palm oil usage across Patanjali Foods’ makes up about 20% of the input costs for both biscuits and soaps, with the proportion slightly higher for soaps. In total, the company uses nearly ₹1,000 crore worth of palm oil across its various business segments.
The company, which has a market capitalisation of ₹66,585 crore, has seen its shares rise 15% over the last year.
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