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Patanjali Foods | A yoga-born brand takes over a collapsed edible oil major

2026.09.19

Article summary

Patanjali Foods (formerly Ruchi Soya Industries), headquartered in Haridwar, is an edible oil and food maker handling the "Patanjali" brand of food popularized by yoga teacher Baba Ramdev. Its predecessor, edible oil major Ruchi Soya, went bankrupt with debts exceeding its assets; the Patanjali side acquired it in 2019 and changed its name in 2022. Operating revenue for FY2026 (year ended March 2026) was ₹40,169.58 crore (1 crore = 10 million rupees), up about 19% from ₹33,758 crore the prior year, with total income of ₹40,347.78 crore. It keeps everything from oil pressing to refining and bottling in-house, and also runs oil palm plantations and oleochemicals. Its distinguishing feature is a brand that ties Ayurveda to a preference for domestic products, taking it out of straight price competition.

This article is based on what we could verify As of September 19, 2026 This page is based on the disclosures and news reports from each company that we were able to confirm as of that date. Amounts in the text follow the notation commonly used in India, with ₹1 crore = 10 million rupees, and yen figures are approximations calculated at a little over 1.7 yen to the rupee. Store counts, funding raised, and results at Indian companies change over short periods, so when making a business decision, please check the latest information in primary sources such as each company's own announcements.

Patanjali Foods is a listed company that handles foods under the Patanjali brand popularized by the yoga teacher Baba Ramdev. Its predecessor was Ruchi Soya, a major cooking oil company that went bankrupt, and the Patanjali side acquired it in the course of the insolvency process.

Company profile

Item	Details
Legal name	Patanjali Foods Limited (formerly Ruchi Soya Industries)
Headquarters	Haridwar (Uttarakhand)
Operating revenue	₹40,169.58 crore (FY2026, year ended March 2026; up about 19% year on year, about ¥699 billion). FY2025 was ₹33,758 crore
Total income	₹40,347.78 crore (FY2026)
Main brands	Patanjali, Nutrela, Mahakosh, Sunrich, Ruchi Gold
Business	Edible oil (pressing, refining, bottling), food and nutrition, oil palm plantations, oleochemicals
Listing	Listed on the BSE and NSE

Its brand takes it out of price competition

Edible oil is hard to differentiate by composition, and in stores it's often chosen on price. In India, which relies on imports for much of its raw material, prices and tariffs determine profit. Into this, Patanjali brought a brand that ties together Ayurveda and a preference for domestic products.

Baba Ramdev became a nationally known figure teaching yoga on TV, and products tied to his name get chosen for reasons like "good for the body" and "made in India." Creating a purchasing motive that can't be fully explained by ingredient labeling is this company's distinguishing feature.

Its business isn't just edible oil. It keeps everything from pressing to refining and bottling in-house, and also runs oil palm plantations and oleochemicals (industrial fatty-oil chemicals) derived from castor, soybean, and palm.

How it took over a bankrupt company

Its predecessor, Ruchi Soya, was a major edible oil company but went bankrupt with debts exceeding its assets, going through insolvency proceedings. The Patanjali side acquired it in 2019 and changed its name to the current one in 2022. This effectively gained plants and distribution in one package, giving a company that only had a brand an actual manufacturing base.

Operating revenue for FY2026 (fiscal year ending March 2026) was ₹40,169.58 crore, up about 19% from ₹33,758 crore in FY2025 (total income including other income was ₹40,347.78 crore). The company's policy is to raise the share of food and nutrition alongside cooking oil.

Points for Japanese companies

When launching a health-focused product in India, there's a segment that explanations of ingredients or evidence alone won't reach. Patanjali's growth shows that a narrative tied to tradition and origin can absorb a price gap. This is worth keeping in mind as a premise when building the pitch for a Japanese health food.

It can also be seen as a potential partner as an oleochemicals supplier. Its scale makes it a candidate not only for food applications but also for sourcing industrial fatty oils.