Patanjali Ayurved Limited, the company of yoga guru Baba Ramdev, has crossed the turnover mark of 30 thousand crore rupees in the financial year 2020-21. Patanjali has become the first such indigenous FMCG company to do so. During this period, the revenue of Patanjali Group’s company Ruchi Soya increased by 24.4% to Rs 16,318 crore. The company’s net profit during this period stood at Rs 681 crore.In the virtual press conference, Baba Ramdev said that Hindustan Unilever is the only company which is bigger than Patanjali in terms of turnover. We will leave this behind by 2025.
Patanjali’s focus on women healthcare products as well
He told that the turnover of Patanjali Ayurved is Rs 9783.81 crore, Patanjali Natural Biscuits Rs 650 crore, Divya Pharmacy Rs 850 crore, Patanjali Agro Rs 1600 crore, Patanjali Transport Rs 548 crore and Patanjali Gramodyog Rs 398 crore in 2020-21. Rupees is gone. He said that Patanjali Group’s focus is also on women healthcare products.
Preparation to make group companies debt free
In the virtual press conference, Baba Ramdev said that there is a plan to make Patanjali Group companies debt free in the next 3-4 years. On the follow-on public offering (FPO) of Ruchi Soya, he said that it will be informed soon. Let us inform that the company has a debt of about Rs 3,330 crore. In such a situation, the company can soon bring an FPO of Rs 4,300 crore.
He said that without wasting any time we will file DRHP with market regulator SEBI and hopefully it will get approval soon. Apart from this, he also indicated the listing of Patanjali Ayurved. He said that we will give an update on this in the coming days.
