What drove the record quarterly revenue?

Double-digit growth in both core segments. The edible-oil business contributed ₹8,324 cr on volume of 20.3 lakh tons, while FMCG revenue came in at ₹2,890 cr with a 10.11% EBITDA margin.

Why is the edible-oil growth outlook slowing so much?

Management guided for just 3-5% volume growth in FY27, a sharp slowdown from the double-digit growth that drove the record quarter. The company is projecting a more moderate, single-digit pace for its largest segment.

Which business is growing fastest right now?

The home and personal care (HPC) segment grew 35% year-on-year to ₹840 cr, with skin care emerging as the fastest-growing subcategory.

What are the specific growth targets for FY27?

Besides low-single-digit edible-oil growth, management guided for 8-10% growth in the food business and approximately 15% growth in HPC. They also set margin-improvement targets across all segments.

Earnings · Edible Oil · Large cap

Patanjali Foods posts record quarter, but edible oil is told to slow down

Q4 revenue hit ₹11,156 cr, a company high. But management is guiding for single-digit edible-oil volume growth next year, shifting weight to newer segments.

— 1 earlier story on Patanjali Foods Ltd. →

PATANJALI By Tipsheet Editorial 5 Jun 2026 · 7:25 PM IST Verify on BSE · NSE

Mkt cap₹45,750 cr

P/E25.21×

ROE11.44%

Debt / eq.0.07

Div yld0.82%

₹11,156 cr Patanjali Foods' highest-ever quarterly revenue in Q4 FY26.

What's new

Q4 FY26 revenue of ₹11,156 cr is Patanjali Foods' highest-ever quarterly figure.
Edible oil revenue was ₹8,324 cr on volume of 20.3 lakh tons.
Management guided for edible-oil volume growth of just 3-5% in FY27.

Why this matters

A record quarter from the core oil business is being followed by a forecast of minimal growth. This forces the question of whether the FMCG and HPC segments, currently growing fast, can sustain that pace as their revenue base gets bigger.

What we're watching

Whether HPC can maintain ~15% growth as it scales.
If edible-oil margins are protected with low volume growth.
Execution on the margin-improvement targets across all segments.

The full read

Patanjali Foods just posted its best quarter ever. Revenue hit ₹11,156 cr, powered by ₹8,324 cr from edible oil and ₹2,890 cr from FMCG. The HPC segment was the star, growing 35% to ₹840 cr. But the record is backward-looking. The forward story is different. Management is guiding edible-oil volumes to grow just 3-5% in FY27. A sharp cooldown. The new growth pillars are food, guided at 8-10%, and HPC at 15%. The company is officially pivoting away from the oil that built it. Whether the newer businesses can carry the load is the next test.

Questions answered

What drove the record quarterly revenue?: Double-digit growth in both core segments. The edible-oil business contributed ₹8,324 cr on volume of 20.3 lakh tons, while FMCG revenue came in at ₹2,890 cr with a 10.11% EBITDA margin.
Why is the edible-oil growth outlook slowing so much?: Management guided for just 3-5% volume growth in FY27, a sharp slowdown from the double-digit growth that drove the record quarter. The company is projecting a more moderate, single-digit pace for its largest segment.
Which business is growing fastest right now?: The home and personal care (HPC) segment grew 35% year-on-year to ₹840 cr, with skin care emerging as the fastest-growing subcategory.
What are the specific growth targets for FY27?: Besides low-single-digit edible-oil growth, management guided for 8-10% growth in the food business and approximately 15% growth in HPC. They also set margin-improvement targets across all segments.

Mentioned: Edible Oil (20.3 lakh tons) · FMCG (₹2,890 cr) · HPC (₹840 cr)

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

All notes on PATANJALI →

5 Jun 2026 · 7:25 PM IST Patanjali Foods posts record quarter, but edible oil is told to slow down
9d ago Patanjali Foods faces a ₹1,352.9 cr tax demand from Tamil Nadu GST