Ruchi Soya Industries Limited is engaged primarily in the business of processing of oil-seeds and refining of oil for edible use.
Business Segments1) Edible Oils (72% in H1 FY25 vs 93% in FY22):[1][2]a) Edible Oils:The company is a leader in the branded oil packaged food sector, offering palm oil, soya oil, sunflower oil, etc under its brandsPatanjali, Mahakosh, Nutrela, Sunrich, etc.[3]b) Oil Palm Plantation:It is one of India’s largest integrated oilseed solvent extraction and edible oil refining companies having a portfolio of Crude Palm Oil, Crude Palm Kernel Oil, Palm Kernel Cake, and by-products.[4]c) Oleochemicals:The Oleochem division, deals in a wide range of Oleochemical products and derivatives made from Castor, Soya, and Palm.[5][6]The segment's revenue remain flat yoy, due to a 2% drop in edible oil sales from 12.26 lakh MT in H1 FY24 to 12.05 lakh MT in H1 FY25.[7][8]
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Marico | 761.00 | 59.32 | 98784.37 | 1.39 | 432.00 | -0.71 | 3482.00 | 30.71 | 45.16 | 12265.00 | 17.99 | 1666.00 | 420.00 | 24.40 | 21.01 | 0.14 |
| 2. | Patanjali Foods | 523.40 | 39.91 | 56936.91 | 0.61 | 516.70 | 67.23 | 9798.84 | 20.95 | 15.55 | 37377.35 | 5.21 | 1426.56 | 516.70 | 4.74 | 9.04 | 0.24 |
| 3. | AWL Agri Busine. | 212.50 | 25.54 | 27618.16 | 0.00 | 244.85 | -21.32 | 17604.57 | 21.74 | 20.89 | 69731.67 | 3.30 | 1082.00 | 244.72 | 2.85 | 5.83 | 0.11 |
| 4. | Gokul Agro | 167.15 | 16.80 | 4932.41 | 0.00 | 101.15 | 41.51 | 6638.19 | 38.01 | 34.20 | 22012.91 | 2.64 | 293.97 | 101.15 | 4.05 | 6.74 | 0.48 |
| 5. | CIAN Agro | 1400.35 | 34.91 | 3919.00 | 0.00 | 19.00 | 63433.33 | 421.41 | 237.10 | 6.82 | 1818.73 | 17.30 | 112.30 | 19.00 | 1.94 | 1.78 | 0.64 |
| 6. | Sundrop Brands | 685.05 | 68.16 | 2582.41 | 0.00 | -2.09 | -4280.00 | 383.30 | 86.01 | 0.22 | 1267.59 | 2.49 | 37.88 | -2.09 | 1.79 | 3.08 | 0.01 |
| 7. | Shri Venkatesh | 291.00 | 25.48 | 643.67 | 0.35 | 14.40 | 99.72 | 555.87 | 80.29 | 14.57 | 949.19 | 5.15 | 25.27 | 14.40 | 5.86 | 6.35 | 2.11 |
| – | Median: 15 Co. | 204.0 | 25.48 | 459.6 | 0.0 | 9.23 | -3.45 | 555.87 | 24.15 | 14.75 | 1791.17 | 3.3 | 31.64 | 9.23 | 1.94 | 6.74 | 0.15 |
Standalone figures in ₹ crores
| Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 8,514 | 7,927 | 7,873 | 7,767 | 7,822 | 7,911 | 8,228 | 7,177 | 8,102 | 9,120 | 9,692 | 8,766 | 9,799 |
Expenses | 8,320 | 7,559 | 7,547 | 7,599 | 7,427 | 7,567 | 7,851 | 6,767 | 7,639 | 8,563 | 9,176 | 8,445 | 9,247 |
Operating Profit | 195 | 368 | 326 | 169 | 395 | 344 | 377 | 410 | 463 | 558 | 516 | 321 | 552 |
Other Income | 11 | 37 | 90 | 43 | 24 | 47 | 120 | 25 | 31 | 24 | 53 | 13 | 51 |
Profit before tax | 154 | 343 | 349 | 120 | 335 | 306 | 300 | 359 | 417 | 491 | 458 | 249 | 505 |
Tax % | 27% | 22% | 25% | 27% | 24% | 29% | 31% | 27% | 26% | 24% | 22% | 27% | -2% |
Net Profit | 112 | 269 | 264 | 88 | 255 | 217 | 206 | 263 | 309 | 371 | 359 | 180 | 517 |
EPS in Rs | 1.03 | 2.48 | 2.43 | 0.81 | 2.34 | 1.99 | 1.90 | 2.42 | 2.85 | 3.42 | 3.30 | 1.66 | 4.75 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 24,381 | 28,308 | 27,692 | 18,527 | 11,994 | 12,729 | 13,118 | 16,319 | 24,205 | 31,525 | 31,742 | 34,157 | 37,377 |
Expenses | 23,820 | 27,726 | 27,614 | 19,202 | 17,042 | 12,603 | 12,712 | 15,362 | 22,715 | 30,231 | 30,435 | 32,200 | 35,430 |
Operating Profit | 561 | 582 | 79 | -675 | -5,047 | 126 | 406 | 957 | 1,491 | 1,294 | 1,307 | 1,957 | 1,947 |
Other Income | 230 | 169 | 114 | 138 | 34 | 96 | 7,501 | 64 | 79 | 290 | 220 | 132 | 140 |
Interest | 577 | 522 | 1,297 | 938 | 857 | 7 | 113 | 373 | 358 | 245 | 198 | 95 | 104 |
Depreciation | 164 | 148 | 160 | 156 | 140 | 138 | 136 | 133 | 137 | 160 | 269 | 268 | 280 |
Profit before tax | 50 | 81 | -1,264 | -1,630 | -6,010 | 77 | 7,658 | 514 | 1,074 | 1,179 | 1,060 | 1,726 | 1,703 |
Net Profit | 13 | 61 | -1,062 | -1,257 | -5,573 | 77 | 7,672 | 681 | 806 | 886 | 765 | 1,301 | 1,427 |
EPS in Rs | 0.13 | 0.61 | -10.59 | -12.54 | -55.60 | 0.77 | 86.45 | 7.67 | 9.09 | 8.16 | 7.05 | 11.98 | 13.13 |
Dividend Payout % | 40% | 9% | 0% | 0% | 0% | 0% | 0% | 0% | 18% | 24% | 28% | 28% | – |
Standalone figures in ₹ crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 67 | 67 | 65 | 65 | 65 | 65 | 59 | 59 | 59 | 72 | 72 | 72 | 218 |
Reserves | 2,270 | 2,139 | 2,408 | 958 | -4,614 | -4,543 | 3,312 | 4,003 | 6,112 | 9,774 | 10,133 | 11,299 | 11,895 |
Borrowings | 2,935 | 3,646 | 5,252 | 5,208 | 7,227 | 7,916 | 3,614 | 3,660 | 3,696 | 1,454 | 1,049 | 788 | 2,895 |
Other Liabilities | 7,039 | 8,012 | 8,727 | 7,024 | 5,042 | 4,500 | 883 | 1,286 | 1,613 | 1,943 | 2,008 | 3,359 | 2,693 |
Total Liabilities | 12,310 | 13,863 | 16,452 | 13,256 | 7,721 | 7,937 | 7,868 | 9,009 | 11,480 | 13,244 | 13,262 | 15,518 | 17,701 |
Fixed Assets | 2,496 | 2,381 | 5,637 | 5,502 | 5,358 | 5,224 | 5,070 | 4,954 | 4,900 | 5,148 | 4,963 | 5,516 | 5,466 |
Gross Block | 3,692 | 3,877 | 5,996 | 6,017 | 6,008 | 6,008 | 5,998 | 6,013 | 6,092 | 6,494 | 6,576 | 7,394 | – |
Accumulated Depreciation | 1,196 | 1,496 | 359 | 515 | 650 | 784 | 928 | 1,059 | 1,192 | 1,346 | 1,613 | 1,878 | – |
CWIP | 143 | 100 | 42 | 29 | 28 | 27 | 25 | 27 | 28 | 80 | 101 | 95 | 56 |
Investments | 334 | 282 | 146 | 89 | 51 | 31 | 20 | 30 | 42 | 38 | 1,041 | 223 | 376 |
Other Assets | 9,336 | 11,100 | 10,628 | 7,636 | 2,284 | 2,655 | 2,752 | 3,997 | 6,510 | 7,978 | 7,157 | 9,684 | 11,803 |
Total Assets | 12,310 | 13,863 | 16,452 | 13,256 | 7,721 | 7,937 | 7,868 | 9,009 | 11,480 | 13,244 | 13,262 | 15,518 | 17,701 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | 3,451 | -508 | -90 | 577 | 882 | 240 | -61 | 241 | 724 | -339 | 1,746 | 198 |
Cash from Investing Activity | 19 | 23 | 25 | 106 | -70 | -112 | -26 | -42 | -1,562 | 526 | -912 | -36 |
Cash from Financing Activity | -3,421 | 453 | 77 | -671 | -856 | -7 | 82 | -307 | 1,167 | 241 | -1,100 | -611 |
Net Cash Flow | 49 | -32 | 12 | 12 | -45 | 121 | -4 | -108 | 329 | 428 | -266 | -449 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 68 | 77 | 84 | 100 | 8 | 8 | 8 | 10 | 12 | 18 | 16 | 17 |
Inventory Days | 57 | 43 | 34 | 28 | 43 | 42 | 44 | 63 | 52 | 55 | 51 | 81 |
Days Payable | 91 | 87 | 85 | 118 | 104 | 75 | 5 | 17 | 16 | 18 | 22 | 34 |
Cash Conversion Cycle | 35 | 33 | 32 | 10 | -54 | -25 | 47 | 55 | 48 | 55 | 46 | 64 |
Working Capital Days | 3 | -1 | -36 | -87 | -312 | -295 | 26 | 35 | 31 | 40 | 33 | 52 |
ROCE % | 9% | 10% | 0% | -11% | -116% | 3% | 6% | 12% | 16% | 14% | 11% | 16% |
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Stock Analysis
RSWM Limited, a prominent player in the textile industry and part of the LNJ Bhilwara Group, is engaged in the manufacturing of green fibre, yarn, and fabrics. The company focuses on value-added products and has been implementing sustainability initiatives.
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