Patanjali Ayurved limited holds around 49 % stake in a special purpose vehicle (SPV)
M/S Food & Herbal Park limited. The balance is owned by the companies that are not part
of this Patanjali group. This food park was launched under the Mega Food Park Scheme
of Ministry of Food Processing Industries, Government of India. This particular scheme
offers state of art infrastructure and technology to the enterprises that involves in the food
processing industry.
The total project consists of various processing centres like Central Processing Center
(CPC), Primary Processing Centers (PPC) and establishing Collection Centers, Mobile
Collection Centers (MCC). All these are in the areas of Uttarakhand and other neighboring
districts …show more content…
The company has also completed the
construction of central processing center and three primary processing centers. It is yet to
complete two primary processing centers and five collection centers.
Patanjali Ayurved Limited (PAL) is an important company of Patanjali group. As
discussed, its’ main focus is on manufacturing and trading of ayurvedic, herbal and FMCG
products.
The main objective of PAL is to carry on the business of manufacturing and processing of
Ayurvedic medicines, herbal cosmetics, life-saving and healing drugs, organically
produced food products. It owns three manufacturing units at separate sites in Haridwar
district. PAL owns one of its manufacturing units inside the Mega Food Park, constructed
by PFHPPL.
Financial Performance (Source- Brickwork Ratings): The Company’s overall operating
come has witnessed a growth of 14.93% from Fiscal Year 12 to Fiscal Year 13 mainly due
to addition of customers using PFHPPL’s facilities. The net profits of the company have
increased from 28.66% in Fiscal Year 12 to 33.78% in Fiscal Year 13. The gearing ratio of
the Company has slightly improved from 0.22 in Fiscal Year 12 to 0.16 in Fiscal Year …show more content…
Patanjali Ayurved, has expanded rapidly despite offering products that are priced
lower than its competitors.
Credit Analysis & Research Limited (CARE) has given “BBB-“rating to Patanjali
Ayurved Limited (PAL) in September 2014. This rating as per CARE rules and standards
indicates that Patanjali Ayurved Limited (PAL) has the lowest investment grade in the
capital and money markets.
CARE, in September 2012, has given “CARE BB+” rating to Patanjali Food & Herbal
Products Private Limited (PFHPPL). This indicates that PFHPPL has a moderate risk of
default as far as servicing financial obligations is concerned. CARE also stated the reasons
behind the assignment of this rating. The prime reason behind this rating is unconditional
and irrevocable corporate guarantee provided by Patanjali Ayurved Ltd.
CARE also underlined that the credit strength of PAL is very much constrained by the
moderate financial health, marked by declining profit margins and leveraged capital
structure, the support extended to other group companies, ongoing legal proceedings
against the promoter and intense competition from other drugs, pharmaceuticals
M/S Food & Herbal Park limited. The balance is owned by the companies that are not part
of this Patanjali group. This food park was launched under the Mega Food Park Scheme
of Ministry of Food Processing Industries, Government of India. This particular scheme
offers state of art infrastructure and technology to the enterprises that involves in the food
processing industry.
The total project consists of various processing centres like Central Processing Center
(CPC), Primary Processing Centers (PPC) and establishing Collection Centers, Mobile
Collection Centers (MCC). All these are in the areas of Uttarakhand and other neighboring
districts …show more content…
The company has also completed the
construction of central processing center and three primary processing centers. It is yet to
complete two primary processing centers and five collection centers.
Patanjali Ayurved Limited (PAL) is an important company of Patanjali group. As
discussed, its’ main focus is on manufacturing and trading of ayurvedic, herbal and FMCG
products.
The main objective of PAL is to carry on the business of manufacturing and processing of
Ayurvedic medicines, herbal cosmetics, life-saving and healing drugs, organically
produced food products. It owns three manufacturing units at separate sites in Haridwar
district. PAL owns one of its manufacturing units inside the Mega Food Park, constructed
by PFHPPL.
Financial Performance (Source- Brickwork Ratings): The Company’s overall operating
come has witnessed a growth of 14.93% from Fiscal Year 12 to Fiscal Year 13 mainly due
to addition of customers using PFHPPL’s facilities. The net profits of the company have
increased from 28.66% in Fiscal Year 12 to 33.78% in Fiscal Year 13. The gearing ratio of
the Company has slightly improved from 0.22 in Fiscal Year 12 to 0.16 in Fiscal Year …show more content…
Patanjali Ayurved, has expanded rapidly despite offering products that are priced
lower than its competitors.
Credit Analysis & Research Limited (CARE) has given “BBB-“rating to Patanjali
Ayurved Limited (PAL) in September 2014. This rating as per CARE rules and standards
indicates that Patanjali Ayurved Limited (PAL) has the lowest investment grade in the
capital and money markets.
CARE, in September 2012, has given “CARE BB+” rating to Patanjali Food & Herbal
Products Private Limited (PFHPPL). This indicates that PFHPPL has a moderate risk of
default as far as servicing financial obligations is concerned. CARE also stated the reasons
behind the assignment of this rating. The prime reason behind this rating is unconditional
and irrevocable corporate guarantee provided by Patanjali Ayurved Ltd.
CARE also underlined that the credit strength of PAL is very much constrained by the
moderate financial health, marked by declining profit margins and leveraged capital
structure, the support extended to other group companies, ongoing legal proceedings
against the promoter and intense competition from other drugs, pharmaceuticals