Tag: Patanjali Ayurved

  • Marketing Strategy of Patanjali – How They Utilized People’s Beliefs?

    Patanjali is one of the few brands that make up the very backbone of the Indian consumerist identity. With a bevy of marketing tactics to push its plethora of products, the company has become one of the icons of the Indian economy.

    The privately-owned Indian FMCG Patanjali has a vast audience in India, no matter how young, there is nobody who doesn’t know the brand’s name. Let us take a look at the marketing strategy of Patanjali and how it utilized people’s beliefs as a marketing tool.

    Patanjali – Background and Vision
    Patanjali Today
    Patanjali Marketing Campaigns
    Key Marketing Strategies of Patanjali
    How Patanjali Used Common Beliefs as a Marketing Tool

    Patanjali – Background and Vision

    The 1990s in India saw the floodgates open and the global economy ushered in a new era of consumerism. As international companies and MNCs trickled in and became a deluge, the needs of Indians altered slowly but definitively. The new millennium was flush with international goods, but the people began to clamour for more homemade production. The swadeshi effect gradually spread like wildfire, and companies began to take advantage.

    Onto this scene came Patanjali, an Indian company with a vision that stretched beyond present profit quarters and into the future. Indian yogi Baba Ramdev and Acharya Balkrishna came together in 2006 to create a health and awareness brand that focused on the present needs of the people. The brand was created and heavily relied on the image of using ancient Indian Ayurved ingredients to detoxify both mind and body.

    The main aim of Patanjali is to establish and nurture a society that promotes health first and foremost. Therefore, the brand encourages not only its health and lifestyle goods but also ancient Indian practices like yoga. It aims to create life-changing goods that will help prevent as well as cure acute ailments through ingredients that are 100% natural.

    Patanjali relies not just on the veracity of products but also on Baba Ramdev’s claims of technological imports to get the most from Ayurvedic aid and literature. The brand and its founders use various forms of marketing to promote its products. Many of which have ensured that the company continues to flourish almost 16 years after its conception. Through meticulous brand promotion and successful trade systems, Patanjali seems to be on track to becoming a face brand of India itself.

    Patanjali Today

    Patanjali Ayurved Annual Revenue
    Patanjali Ayurved Annual Revenue

    Today, Patanjali has become an organization worth crores. It is a leading health and wellness brand that competes against the biggest age-old names in operation – Hindustan Unilever, Colgate, Dabur, ITC, Godrej Consumer Products, and more.

    As of 2022, Acharya Balkrishna is the owner of the company with 94% shares under his control. The rest are divided among individual shareholders. As the chairperson, managing director, and chief executive officer, Balakrishna is also a key operator. Baba Ramdev is the face and brand ambassador of Patanjali, while his younger brother Ram Bharat is the de facto CEO. the total income for the financial year 2019 for Patanjali was ₹4,345 crores (US$590 million). With a net income of ₹590 crores (US$80 million) in the fiscal year of 2021, Patanjali has generated a revenue of ₹30,000 crores (US$4.02 billion) in the same year.

    The varied products make up for than 900 items and the organization sells them grouped under the following goods brackets:

    • Ayurvedic medicine
    • Consumer goods
    • Healthcare
    • Personal care
    • Cosmetics
    • Cleaning agents
    • Beverages
    • Fashion
    • Foods items

    With headquarters situated in Haridwar, Uttarakhand, India, Patanjali serves customers mainly in the Indian subcontinent and the Middle East. The brand has over 2,00,000 employees and controls the following subsidiaries:

    • Paridhan
    • Ruchi Soya
    • Herboved
    • Patanjali Renewable Energy Pvt Ltd
    • Advance Navigation and Solar Technologies

    Ruchi Soya Industries Limited | Founder | Growth | Funding
    Ruchi Soya belongs to the edible oil industry acquired By Patanjali Ayurved. Read the success story of Ruchi Soya, Founder, growth, & more.


    Patanjali Marketing Campaigns

    When it comes to marketing products, Patanjali uses its brand platform to spread awareness. The question that naturally arises is: how does Patanjali have such a devoted brand following? The answer lies in how popular brands of medicines used for treatments ply in India. The developing country attempts to offer affordable medicines to the socially backward and poverty-ridden majority. However, the elitist privatization of healthcare and extreme costs of life-saving medication does not allow people below the poverty line to access treatments.

    When such a vast avenue for health is closed off, alternative medicines become popular. The most crucial factor that boosts such alternatives is affordability. If alternative forms of medicine are marketed as cheap, over-the-counter, and somewhat trustworthy, people will gravitate towards them. This is where Patanjali uses its trump card to overpower allopathic medication and treatment. It promotes very affordable models of healthcare and ensures that the products are easy to acquire for anyone. Most Indians, no matter their literacy levels, are familiar with Ayurvedic medicines. Despite the lack of concrete results in studies that attempt to prove the adequacy of Ayurveda, the familiarity that people associate with this alternative cure is enough to boost sales.

    Baba Ramdev, through his platform, has helped create an image of the brand that is acceptable and popular, especially for the socially and financially challenged. His association with the brand has helped increase its visibility. Ramdev liberally promotes the Patanjali name in his innumerable yoga camps and shows. Moreover, consumer psychology maintains that the more people get to know the faces behind a company, the more they are likely to remain loyal. Ramdev’s direct communication and interaction with his buyers is a major factor in the brand’s successful image.

    The consumer goods company came just behind the chocolate-making giant Cadbury and skincare line Glow & Lovely (formerly Fair & Lovely) as the most advertised brands on television in India in 2016. Moreover, the expenditure attributed to advertising the products is very low. The brand prefers quantity over quality – its innumerable advertisements, promoting similar products, are testament.

    Costs are also low because of Ramdev’s promotions in yoga camps and reality shows like India’s Best Dramebaaz(sponsored by Patanjali). The camps are excellent sources of high consumer populations. Selling the brand is a matter of simplicity and convenience through Ramdev’s oratorship. Marketing strategist of Patanjali has made their way into the digital space through the internet and eCommerce opportunities.

    Key Marketing Strategies of Patanjali

    Patanjali Ayurved Products
    Patanjali Ayurved Products

    The process of marketing a brand is as crucial as the brand itself, if not more. Without the right sort of marketing, introducing a brand and its products becomes next to impossible. Consumers will not be interested in a product without some brand recognition. Sometimes, the brand exceeds the product (Philips, Godrej, Tata, etc.), and this is the result of excellent marketing strategies.

    The main reason why Patanjali continues to flourish in a market despite millions of obstacles is because of its subtly sophisticated marketing tactics. The marketing team behind the brand is why Patanjali is so widely accepted, especially among certain sections of society. The brand continues to come out on top, despite its weaknesses, scandals, threats, etc., again and again purely because of the way the brand markets itself. Let us take a look at why mainstream society is attracted to Patanjali and what Patanjali does to retain and expand its consumer base.

    The entire foundation of the brand is heavily reliant on the image of a Pre-Lapsarian India, so to speak. The picture is complete with ancient monuments and kings and rulers akin to the image of the gods. The allusion is to the fact that that time, throughout the various eras, was a pure one where health, hygiene, and progress of society were the aim of every individual. Therefore, the goal of the founders is to help the people let go of the burden of the pollution of the mind, body, and soul that the current kalyug (Dark Age) has imposed.

    Patanjali offers to transform and improve people’s health using the natural medicines people used in these times. It uses ayurvedic medicines to treat an extensive list of health problems. The treatments are often marketed for a variety of ailments. The brand has come under fire many times in the past for using incorrect treatments to cure illnesses like claiming yoga can cure HIV/AIDs. However, its marketing department continues to walk in the same direction.

    Baba Ramdev’s expansive yoga exercises are also a part of the Patanjali regiment. The televised events often pair up with the company. Ramdev expounds on the importance of Ayurveda and yoga to relieve the body from diseases, both as a precautionary and a curative solution. Ramdev also claims that yoga is better medicine than any other therapy or prescription for mental health disorders, often demonizing allopathic or psychiatric cures to his followers. These claims remain unsubstantiated. However, the benefits of yoga are what also keeps Ramdev so popular. The majority of his fanbase continues to follow the regimens he prescribes.

    How Patanjali Used Common Beliefs as a Marketing Tool

    One of the most significant means of spreading awareness for the Patanjali brand is a quiet barter that one of the cofounders has undertaken. While the barter system may seem outdated, its usage falls right on track with Patanjali’s principles. The bartering is not a part of the product sale nor is it a branding venture.

    On the contrary, it is a marketing scheme that helps propagate awareness of Patanjali, skewing people’s perceptions and opinions of the brand in its favor. The founders, despite their demand to go back in time to access a more “pure” and “perfect” time in Hindu history, are well aware of modern advantages like great branding. There is no doubt that a company must strive to achieve originality to survive and get ahead of the cut-throat competition. Patanjali’s founders take advantage of certain measures to ensure that the brand stays afloat.

    Baba Ramdev, the face of Patanjali, is well aware of the power of the platform he has tirelessly created over the past 20 odd years or so. His persona as a man with a fitness plan is well known. You will not find many places that have not witnessed the antics of Ramdev’s yogic postures that claim to cure all known ailments. His brand of yoga enmeshes Patanjali’s principles seamlessly, thus making it difficult for consumers to extricate the man from the brand. This, however, is what fuels Ramdev’s agenda.

    More than two decades of yoga performances have nurtured multiple associations, contacts, and deals based on goodwill. Using these means, Patanjali, by extension Baba Ramdev, has created a social platform to spread awareness of the brand. A constant influx of TV commercials, lurid advertisements, newspaper graphics, billboards, various magazines, social media handles, etc. are the weapons Ramdev uses to bring recognition to Patanjali’s products.

    These tools are cunningly crafted to foster and spread the sense of the brand and its offerings.  The goal of Patanjali is to utilize all digital, print, and other platforms available to spread recognition and induce loyalty to the brand by ushering in a sense of familiarity. Patanjali aims to secure the quintessential family demographic. Therefore, it heavily relies on television advertisements over the limited platforms of Google and Facebook ads.

    In exchange for his presence and significant influence among a major demographic in India, Baba Ramdev barters for a wider scope of audience. The type of people who continue to hold on to their television sets in an age of streaming is usually above the age of 30. They are also usually in a more traditional family setting. These are the two targets of Patanjali’s demographics, so the barter system works out well in terms of promotions and brand recognition.


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    Conclusion

    Using human psychology to push for brand recognition is a humongous part of the very identity of Patanjali. It uses people’s beliefs in old Indian ways of treatment to produce goods. With just the right marketing and offers, Patanjali has become a force to be reckoned with, despite its flaws. The co-founders of the company certainly have a long way to go. They must give up their propensity for spreading misinformation and have room for change. Their regressive attitudes can certainly create obstacles. However, as long as Ramdev and the company can hold on to their relevancy, Patanjali will go on.

    FAQs

    When was Patanjali Ayurved founded?

    Patanjali Ayurved was founded in January 2006.

    Who is the owner of Patanjali Ayurved?

    Acharya Balkrishna is the owner of the company with 94% shares under his control.

    Who is the CEO of Patanjali Ayurved?

    Baba Ramdev is the face and brand ambassador of Patanjali, while his younger brother Ram Bharat is the de facto CEO.

    What are some of the subsidiaries of Patanjali Ayurved?

    Ruchi Soya, Advance Navigation and Solar Technologies Pvt. Ltd., and Herboved Inc are the subsidiaries of Patanjali Ayurved.

  • Patanjali Case Study: The Journey of an Indian Herbal FMCG

    Patanjali = Baba Ramdev + Ayurveda + Organic + Healthy + Desi + People’s Trust + Quality Product. The combination of all makes Patanjali a dynamic business model in a country like India. Speaking of this, the way Patanjali manifested itself in the Indian market reflects its brilliant marketing strategy and brand positioning. Though Patanjali has a wide range of products, it gets sold easily because of the brainchild behind this, i.e. Baba Ramdev, primarily known for his popularizing Yoga and Ayurveda in India.

    Patanjali – Company Highlights

    Company Name Patanjali Ayurved
    Headquarters Haridwar, Uttarakhand, India
    Founders Baba Ramdev & Acharya Balkrishna
    Sector Consumer goods & Healthcare
    Founded 2006
    Parent Company Patanjali Ayurved Limited
    Website patanjaliayurved.org

    Patanjali Ayurved Limited was established in 2006 with the thought of rural and urban development. The company is not merely an organization but a thought of creating a healthy society through Yoga and Ayurveda.

    Patanjali – About
    Patanjali – History
    Patanjali – Founders
    Patanjali – Name, Logo & Tagline
    Patanjali – Vision and Mission
    Patanjali – How Did It Achieve Success?
    Patanjali – SWOT Analysis
    Patanjali – Products & Production
    Patanjali – Why Did It Saw Downfall?
    Patanjali – Growth & Revenue
    Patanjali – Competitors
    Patanjali – Achievements & Recognitions
    Patanjali – Future Plans

    How Patanjali Became Successful?

    Patanjali – About

    Patanjali Ayurved, (commonly known as Patanjali), is an Indian fast-moving consumer goods (FMCG) company based in Haridwar, India. It was founded by Baba Ramdev and Acharya Balkrishna in 2006. Its registered office is located in Delhi, with manufacturing units and headquarters in the industrial area of Haridwar. The company manufactures cosmetics, ayurvedic medicine, and food products.

    Patanjali fabricates mineral and natural items. It also has manufacturing units in Nepal under the trademark “Nepal Gramudhyog” and imports a greater part of herbs in India from the Himalayas of Nepal.


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    Patanjali – History

    Patanjali Ayurved
    Patanjali Ayurved 

    In 1995, Baba Ramdev was a little-known yoga teacher in Haridwar when his close associate, Acharya Balkrishna, and he set up Divya Pharmacy – under the aegis of Ramdev’s guru, Swami Shankar Dev’s, ashram – to make Ayurvedic and herbal medicines. The medicines proved so popular that Ramdev and Balkrishna sought to diversify. But that proved difficult since Divya Pharmacy was registered under a trust.

    Meanwhile, Baba Ramdev started gaining popularity which helped him to receive funds from the likes of NRIs Sarwan and Sunita Poddar, as well as locals such as Govind Agarwal – which in turn helped to get bank loans. This led to the incorporation of Patanjali Ayurved as a private company in 2006, with the purpose to bring the Ayurved in the form of the various product range, particularly in healthcare, hair care, dental care, toiletries, food and more – at breathtaking speed.

    The initial days were quite difficult for them. They hardly had money to pay for the registration of Divya Pharmacy. For the first three years, till 1998, they distributed the medicines free. From buying the raw materials to grinding and mixing, everything is done by themselves as they cannot employ staff because of the lack of money.

    It is noteworthy for a brand to be not the same as its rivals, and Patanjali quickly developed its own identity. Patanjali’s mantra of low costs goods and ‘swadeshi’ are broadly viewed as the principal purposes for its prosperity.

    How did Baba Ramdev do it? The man has astutely related Patanjali with Ayurveda, which pulled in a huge group of spectators. He has brought Ayurveda into the market by matching it with the need of the consumers, particularly, by developing a wide range of products, thus enhancing the brand recall value.

    He has picked up the trust of clients not just by demonstrating the products to them but also by using them himself. However, all of the organization’s procedures to verify the quality and amount of the items are strictly followed.

    Patanjali Ayurved bids broadly by anticipating a picture of regular and unadulterated items. Baba Ramdev, its image diplomat, is additionally an open figure and well-being advertiser whose mass intrigue has ascended in recent years.

    Patanjali – Founders

    Baba Ramdev | Founder | Patanjali
    Baba Ramdev | Founder | Patanjali

    In 1995, Balkrishna and Baba Ramdev founded Divya Yoga Mandir Trust in Haridwar, and in 2006, they founded Patanjali Ayurved a fast-moving consumer goods (FMCG) company involved in the manufacturing and trading of FMCG, herbal, cosmetics and ayurvedic products.

    Swami Ramdev (born Ram Kisan Yadav in 1965), also known as Baba Ramdev, is an Indian yoga teacher and businessman, primarily known for his popularising Yoga and Ayurveda in India.

    While Ramdev does not hold a stake in Patanjali Ayurved, he is the face of the firm and endorses its products to his followers across his yoga camps and television programs. Balkrishna owns 94% of the company and serves as its managing director. He is a close aide of Baba Ramdev.

    Archarya Balkrishna | Founder | Patanjali
    Archarya Balkrishna | Founder | Patanjali 

    Balkrishna claims 98.6% of Patanjali Ayurved, and as of March 2018, it has total assets of ₹43,932 crores ($6.1 billion). Acharya Balkrishna is India’s Third youngest Billionaire with US$2.3 billion wealth as per the Forbes list of India’s 100 Richest People (May 2021).

    Patanjali – Name, Logo & Tagline

    Patanjali Ayurved Logo
    Patanjali Ayurved Logo

    The word “Patanjali” is a compound name from”patta” (meaning falling, flying) and “añj” (honour, celebrate, beautiful) or “añjali” (reverence, joining palms of the hand). The meaning of Patanjali is ‘Famous Yoga Philosopher‘ or ‘The author of Yoga sutras‘.

    The tagline of Patanjali is “Prakriti ka Aashirwad” which signifies that it uses Ayurveda (something that is perceived as a healthcare approach) and organic and natural ingredients to create a wide range of products, thus beautifully depicting an illusion in the mind of the customer that the product they’re using is really a nature’s blessing.

    Patanjali – Vision and Mission

    VISION

    Keeping Nationalism, Ayurved and yoga as their pillars, Patanjali is committed to creating a healthier society and country by bringing the blessings of nature into the lives of people in the form of Ayurveda, a healthcare approach that is religious and spiritual. Having said that, Patanjali is all set to create a history in the Indian FMCG sector.

    MISSION

    Ayurveda has its foundation laid in ancient times as a healthcare approach but people have been neglecting it. So, there when Patanjali came into the picture to make India an ideal place for the growth and development of Ayurveda and a prototype for the rest of the world by upbringing awareness among people.

    Patanjali – How Did It Achieve Success?

    How Patanjali Achieved Success
    How Patanjali Achieved Success

    Patanjali is the biggest Swadeshi FMCG brand. There is a great deal of information one can gain from Patanjali’s plan of action.

    Baba Ramdev made an unpredictable plan of action for selling ayurvedic items. He never introduced his products as ayurvedic medications in the market, he propelled them as FMCG products.

    Patanjali Ayurved is not entirely different from other FMCG organizations but it has a strategy similar to them as the products are offered to clients at an edge to procure a benefit.

    Here are the factors which helped Patanjali to achieve success.

    Pricing of Products

    Moderate estimating of Patanjali items is one reason for its solid infiltration into the Indian market. As Baba Ramdev stated, the motivation behind Patanjali is Upkar and not Vyapar. Patanjali aims to give great quality items at low costs. How is it able to sell items at lower prices when compared to its rivals?

    • The organization sources items legitimately from ranchers and removes middlemen from the picture. This allows Patanjali to reduce crude material acquirement costs.
    • Patanjali appreciates a duty excluded status which is smack on the essence of other FMCG organizations.
    • Patanjali acquired terrains at a much-limited rate.
    • Patanjali doesn’t contract MBAs for selling their item, it employs a lesser number of experts. The organization has faith in assembling the items which the customers may purchase without the need for additional push to sell the item. There is nobody in that organization who is paid crores in salary.
    • The edge of merchants and retailers is less in Patanjali items when contrasted with other FMCG items.

    Swadeshi Factor

    The advancement system of Patanjali is entrancing with the “Make In India” campaign to gain more attention from the customers. Baba Ramdev’s main motive is to replace MNCs. They promote their products by saying that it doesn’t contain unsafe synthetic compounds and only natural pith. “Also by purchasing our items, you are guaranteeing the cash you spend remains in India.” The Swadeshi factor has proved to be a profitable strategy.

    Baba Ramdev Buzzing Personality

    Patanjali doesn’t rely on entertainers or sportsmen to promote its catalogue. Baba Ramdev is a steadying force. He has amassed an enormous group of devotees over 20 years through diligent work around yoga and Ayurveda. This saves the Indian FMCG giant a lot of investment when it comes to promotion and publicity.

    A large number of individuals, from India as well as abroad, follow this other-worldly master. Baba accepted this as an open door and propelled a different scope of items under the brand name ‘Patanjali’.

    Branded House Strategy

    In this technique, different items are propelled and advanced under one brand. For instance – Apple has different items like Mac, iPad, iPhone, and more. Even though each one of them is unique and performs various capacities, collectively they are seen as Apple items.

    Similarly, Patanjali advances all of its items under one brand. This additionally encourages lower costs in showcasing and publicizing as it doesn’t need to advance every item. Patanjali pushes for the image name “Patanjali.”

    Distribution & Supply Strategy

    Distribution And Supply Chain Of Patanjali
    Distribution And Supply Chain Of Patanjali

    Patanjali Ayurved Ltd. built its one-of-a-kind retail organization. It began selling products through its own channels of super distributors, distributors, Chikitsalayas (franchise dispensaries), and Arogya Kendras.  

    • Chikitsalaya – Pharmacies where specialists analyzed patients for nothing and suggested purchasing drugs from stores nearby. This is a unique system no other organization thought of.
    • Patanjali Arogya Kendras, a well-being and health focus centre.
    • Non-drug outlets are called Swadeshi Kendras. Additionally, the organization has numerous restrictive outlets across India. Patanjali items can also be purchased online.

    Promotion Strategy

    Marketing Model Of Patanjali Ayurved
    Marketing Mix Model Of Patanjali Ayurved

    Patanjali uses a marketing mix model strategy to promote its brand or product in the market. The 4Ps make up a typical marketing mix – Price, Product, Promotion and Place.

    Marketing And Brand Building Patanjali Ayurved
    Marketing And Brand Building of Patanjali Ayurved

    STP Analysis of Patanjali

    STP Analysis of Patanjali
    STP Analysis of Patanjali
    • Segmentation: Patanjali divides the market on the basis of age, lifestyle, personality, class, gender, etc. depending upon the people looking for healthy FMCG products.
    • Targeting: Patanjali offers products for all aged people but it targets mainly middle and upper-middle-class families who prefer ayurvedic products.
    • Positioning: Patanjali positioned itself as a healthier and safer product in the FMCG category that treats diseases with zero side effects.

    Authentic Selling Strategy

    Strategies Of Patanjali Ayurved
    Strategies Of Patanjali Ayurved

    Patanjali uses an authentic selling strategy/authentic marketing to communicate openly, honestly and genuinely with customers. Baba Ramdev promotes the product in his yog shivir, youtube channels and other media platforms.

    Patanjali – SWOT Analysis

    The SWOT analysis of Pantajali Ayurved is mentioned below:

    SWOT Analysis | Patanjali Ayurved Limited - Patanjali Case Study
    SWOT Analysis | Patanjali Ayurved Limited

    Strengths

    • Offers 100% natural products with few side effects.
    • The brand image of the trust.
    • Extensive marketing has helped Patanjali to consider socially responsible for the health of the society, thus pulling people into accepting its products as a healthier and safer option.
    • Baba Ramdev’s buzzing personality helped in the quick sale of the products.
    • Excellent word-of-mouth marketing has helped the brand grow.
    • Established a successful distribution network in urban areas.

    Weaknesses

    • Low export levels.
    • Diversification to other products raised quality issues.
    • No distribution network in rural areas.
    • Less expenditure on marketing and promotional activities.

    Opportunities

    • Patanjali can tap the overseas and rural market as people are becoming more health-conscious.
    • Can enter more segments in personal hygiene, FMCG, etc.
    • Can diversify in different sectors like clothing, education, restaurants, etc.
    • Can bring change in the trend of becoming more health-conscious and using more organic products.

    Threats

    • Political Interferences.
    • Big players can overcome new competition from Patanjali with their existing model.
    • Removal of import restrictions.

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    Patanjali – Products & Production

    Patanjali Ayurved Products - Patanjali Case Study
    Patanjali Ayurved Products 

    Patanjali has a wide range of quality products – Natural Food Products, Natural Health Care, Natural Personal Care, Ayurvedic Medicines, Herbal Home Care & Patanjali Publication with 50000000+ consumer reach, 300000+ stores reach, 1000+ products and 5000+ Patanjali stores.

    Patanjali Food and Herbal Park at Haridwar is the primary creation office of Patanjali Ayurved. The organization has a creation limit of ₹35,000 crores ($5.1 billion) and is growing to a limit of ₹60,000 crores through its new generation units at a few spots, including Noida, Nagpur, and Indore.

    The organization intends to set up further units in India and Nepal. In 2016, the Patanjali Food and Herbal Park were given a full-time security front of 35 outfitted Central Industrial Security Force (CISF) commandos. The recreation centre will be the eighth private establishment in India to be watched by CISF paramilitary forces. Baba Ramdev is himself a “Z” class protectee of focal paramilitary forces.

    Patanjali Ayurved produces items in the class of individual consideration and food. The organization makes more than 2,500 items, including 45 sorts of corrective items and 30 kinds of sustenance items.

    As indicated by Patanjali, all the items fabricated by Patanjali are produced using Ayurveda and characteristic components. Patanjali has additionally propelled magnificence and infant products.

    Patanjali Ayurvedic producing division has more than 300 drugs for treating a wide scope of sicknesses and body conditions, from normal cold to ceaseless paralysis. Patanjali propelled Atta noodles on 15 November 2015. The organization is accounted for fabricating conventional garments like Kurta, Pyjama and jeans.

    On 5th November 2016, Patanjali declared that it will set up another assembling plant Patanjali Herbal and Mega Food Park in Balipara (Assam) by contributing ₹1,200 crores ($170 million). It would have an assembling limit of 10 lakh products every year. The new plant will be the biggest office of Patanjali in India and is operational at the moment. Patanjali as of now has around 50 assembling units in India.

    Patanjali – Why Did It Saw Downfall?

    Patanjali Ayurved, being one of the leading FMCG brands in India, had seen a downfall in its sales in 2017.  Patanjali has always been the consumer’s favourite due to its affordability, use of natural & organic ingredients and Swadeshi factor.

    Following are the reasons that have slowed down the growth of Patanjali in 2018:-

    • Lack of Innovation: Without innovation, there is not anything new and without anything new, there is no progress especially when everything around you is innovating. Since the introduction of the goods and services tax (GST) hit its operations in 2017, Patanjali has not managed to recover from the low growth cycle. As a result, its top line declined 10% in FY18. The decline was primarily because of its inability to adapt to the GST regime and develop infrastructure and supply chain.
    • Lack of Advertising:  The decrease in advertising slowed down the growth of Patanjali. Patanjali didn’t focus more on advertising as a result faced a decline in its sales because people were not aware of its natural and organic products.
    • Ignoring Competition: One of the major reasons why Patanjali faced decline is ignoring its competitors. It’s very important for a company to keep an eye on its competitors. Patanjali has created many rivalries along with success and started rolling out their own variant of natural and organic products.
    • Poor Management: After gaining huge popularity among consumers, Patanjali diversified itself among various sectors besides FMCG. It became difficult to manage the business verticals and ensure quality checks of the products. As a result, various quality issues emerged that resulted in the decline of its growth.

    Despite single-digit top-line growth in FY20, Baba Ramdev was hopeful that Patanjali will regain its lost glory.


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    Patanjali – Growth & Revenue

    Patanjali Revenue
    Patanjali Revenue

    Patanjali Ramdev reported a 9% jump in its revenue in FY21 and the net profit grew 14%. The net profit of Patanjali was Rs 485 crore while its revenue was around Rs 1000 Crores. The fast-moving consumer goods (FMCG) major Patanjali Ayurved has reported a 22% growth in its net profit for 2019-20 (FY20). According to the financial data accessed by business intelligence platform Tofler, the group’s flagship entity reported Rs 423 crore net profit for the year, compared to Rs 349 crore it had posted in 2018-19 (FY19).

    Patanjali Ayurved, earned over 80% of Patanjali Group’s total revenue, such that its operating revenue grew 6% to Rs 9,023 crore in FY20.

    The firm’s top-line growth remained higher than the previous year. In FY19, the Ayurveda major had clocked Rs 8,330 crore turnover – 2.4% higher than Rs 8,136 crore it had posted in 2017-18 (FY18).

    Since its sales lost momentum in 2016-17 (FY17), Patanjali is yet to regain the momentum it used to have earlier.

    In 2014-15 and 2015-16 (FY16), its revenue had grown 86% and 100%, respectively.

    In recent years, its net profit, too, has suffered. Despite double-digit growth, Patanjali’s net profit fell well short of the Rs 1,190 crore it had reported four years ago.

    In FY20, its net profit margin stood at 4.67%, compared to 13.3% in FY17 and 16% in FY16.

    Some anticipated incomes of ₹5,000 crores ($720 million) for 2015–16. Patanjali proclaimed its yearly turnover for the year 2016-17 to be ₹10,216 crores ($1.5 billion). It was recorded thirteenth in the rundown of India’s most confided in brands (The Brand Trust Report) starting in 2018, and positions first in the FMCG classification.

    Patanjali – Competitors

    The top competitors of Patanjali are:

    Now with aggressive venturing into all FMCG products, Patanjali faces heavy competition from almost every major brand.

    Patanjali – Achievements & Recognitions

    • In 2016, Patanjali was awarded the “Bharat Jyoti Award”  by the India International Friendship Society
    • “Bloomberg Special Recognition Award” to Acharya Balkrishna in 2016
    • In 2014, Patanjali was recognized as an “Ayurveda Expert” in an Ayurveda Summit, held in Gujarat
    • “Manav Ratna” award by Antarrashtriya Manav Milan Organization in 2013
    • Honoured by “Sanskrit Prasarini Sabha”, Assam in November 2013
    • Awarded “Spirit and Entrepreneurship Award” towards humanity by ISOL Foundation in 2011
    • “UNSDG 10 Most Influential People in Healthcare Award” to Acharya Balkrishna.

    Ruchi Soya Industries Limited | Founder | Growth | Funding
    Ruchi Soya belongs to the edible oil industry acquired By Patanjali Ayurved. Read the success story of Ruchi Soya, Founder, growth, & more.


    Patanjali – Future Plans

    Patanjali Ayurved Ltd has achieved a tremendous presence around the globe and throughout India in a very small time since its inception in 2006. They have more than 47000 retail counters, 3500 distributors, multiple warehouses in 18 states and proposed factories in 6 states.

    Future Of Patanjali Ayurved - Patanjali Case Study
    Future Of Patanjali Ayurved

    Patanjali is the quickest developing organization in the Indian FMCG segment, a $50 Billion industry once commanded by worldwide behemoths – a semblance of Unilever, P&G, Nestle, Colgate – Palmolive, Johnson and Johnson.

    From cleanser and bread rolls to ghee and noodles, and now clothing and footwear – no indigenous organization has fabricated such a well-differentiated item portfolio. It has developed more than multiple times in income in the most recent five years and is an unmatched accomplishment in India’s FMCG industry.

    The organization focused on incomes of Rs.10,000 crore for FY 2016-17 and Rs. 20,000 – 25,000 crore in FY 2018. It has a broad deals channel of more than 5000 merchants, 15,000 stores, and 100 uber bazaars.

    Also, it has tied up with retail chains like Future Group, Reliance Retail, Hyper City, and Star Bazaar. The ongoing declarations of a Rs. 1,600 crore sustenance park in Noida and a Rs. 1,200 crore creation office in Assam highlight the buzz around Patanjali’s arrangements to showcase the organization’s hearty extension plan.

    With a growth rate of 130%, the Patanjali Group is planning to make a foray into major global markets. As the group is already present in markets like the US, Canada, the UK, Russia, Dubai and some European countries, it is willing to spread its wings wider and farther.

    Conclusion

    Patanjali, being a Swadeshi brand has always been in the limelight because of its Ayurvedic products. Each of their steps has been cleverly strategized to bring the best to the brand. Even after facing a few setbacks, the company is standing tall as ever, being the fastest-growing company in the Indian FMCG sector.

    Patanjali is expected to go a long way in the future, only if it manages to keep itself ahead of competitors. It has a major advantage over other competitors as Baba Ramdev, a famous Yoga teacher, is the face of the firm.

    FAQs

    Who is the founder of Patanjali products?

    Baba Ramdev & Acharya Balkrishna are the founders of Patanjali products.

    When was Patanjali established?

    Patanjali was established in 2006.

    Are Patanjali products FSSAI approved?

    Many Patanjali products lack approval by the Food Safety and Standards Authority of India (FSSAI) the federal food safety regulator of India.

    What strategy made Patanjali so successful?

    The Swadeshi factor, and claim to be chemical-free products promoted by Baba Ramdev have proved to be a profitable strategy for Patanjali.

    Who are the competitors of Patanjali?

    The top competitors of Patanjali are:

    • Dabur India
    • Procter and Gamble
    • Marico
    • ITC
    • Nestle Ltd.
    • HUL (Hindustan Unilever Limited)
    • Baidyanath
    • Emami
    • Himalaya Herbal

    What is the revenue of Patanjali?

    The revenue of Patanjali was recorded $4.2 Billion in 2021.

  • Ruchi Soya – Backed by Patanjali Ayurved Made It From Rags to Riches

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Ruchi Soya.

    In terms of edible oil imports, on the record India is now the world’s largest. Some of the primary causes boosting the edible oil market in India include improving household incomes, the rise of the food processing sector, rising urbanisation rates, and changing dietary patterns.

    Consumer health concerns about the increasing prevalence of cardiovascular disease, gastrointestinal problems, diabetes, obesity, and other ailments are driving awareness of healthy edible oil in India. The industry is also being boosted by increasing knowledge of the numerous health benefits of low-cholesterol and organic edible oil. And that’s what drove several regional producers to introduce healthy product versions that are high in omega-3, natural antioxidants, and vitamins.

    Ruchi Soya Industries Limited (Ruchi Soya) has grown into a completely integrated company in the edible oil industry, with a reach from fields to plates with safe access to Indian palm oil plantations.

    Ruchi Soya – Company Highlights

    Startup Name Ruchi Soya
    ACquired By Patanjali Ayurved
    Headquarters Mumbai, Maharashtra, India
    Industry Food and Beverage Manufacturing
    Founders Dinesh Shahra
    Founded 1986
    Current CEO Sanjeev Asthana
    Website www.ruchisoya.com

    Ruchi Soya – About and How it Works?
    Ruchi Soya – Industry
    Ruchi Soya – Founder
    Ruchi Soya – Startup Story
    Ruchi Soya – Name, Logo, and Tagline
    Ruchi Soya – Vision, and Mission Statement
    Ruchi Soya – Employees
    Ruchi Soya – Funding, and Investors
    Ruchi Soya – Acquisitions
    Ruchi Soya – Competitors
    Ruchi Soya – Challenges Faced
    Ruchi Soya – Future Plans
    Ruchi Soya – FAQs

    Ruchi Soya – About and How it Works?

    Ruchi Soya Industries Limited is a company that processes oilseeds and refines crude oil for human consumption. It is divided into the following sections: Seed extracts, oils, vanaspati, wind power generation, food products, and other products are available. Various forms of seed extractions are included in the Extraction section. Vanaspati, baking fats, and a table spread, all are available in the Vanaspati sector. Crude oil and refined oil account for the vast majority of revenue in the oils industry. Textured soy protein and soy flour are included in the Food Products category. Wind turbines are used to generate power in the Wind Power Generation industry. Seeds, seedlings, soap, coffee, fresh fruit bunches, toiletry preparations, castor seed, honey and wheat flour are included in the other segments.

    The firm’s headquarters are in Indore, with plants and offices across the nation’s significant business hubs. Despite domestic and international rivalry, they have pursued an unwavering path of expansion since their inception.

    Patanjali Ayurved acquired Ruchi Soya in 2019. As per a survey issued by Deloitte Touche Tohmatsu, Ruchi Soya is rated 175 among the list of top 250 consumer products companies in the “Global Powers of the Consumer Products Industry 2012.”

    Ruchi Soya Industries Ltd.

    Ruchi Soya – Industry

    The provision of good infrastructure and India’s diversified agro-climatic conditions, which promote the mass production of food components, are the two key factors that have helped the Indian food processing sector grow to become the fifth largest in the world. Currently, India’s food processing sector employs 11.60 per cent of the country’s population and accounts for 32 per cent of the country’s food market. In addition, the industry contributes 2.2 per cent of India’s overall FDI inflows. Even though the industry is dominated by the unorganised sector, the organised sector is predicted to grow throughout the projection period (FY 2020-FY 2024).

    The Indian food processing market was worth Rs 25,691.30 billion in FY 2018 and is predicted to reach INR 53,435.52 billion by FY 2024, growing at a CAGR of 12.09 per cent between FY 2020 and FY 2024.

    Ruchi Soya – Founder

    Dinesh Shahra founded Ruchi Soya in 1986.

    Ruchi Soya Industries Ltd.’s Founder and Managing Director, Dinesh Shahra, is renowned in the industry for his strategic business expertise and iconoclastic management.

    Ruchi Soya – Startup Story

    Ruchi has been one of the country’s leading edible oil manufacturers since it began operations in Indore in 1986. Its other products included soya food, Vanaspati, and lecithin. Ruchi’s product portfolio included these everyday delicacies. Despite their diverse product portfolio, palm oil and soya chunks accounted for a significant portion of their income.

    Ruchi Soya quickly grew to become one of the country’s top FMCG firms. It possessed a sizable market share and a well-developed distribution network. Ruchi Soya produced roughly 3 million tonnes of oil per year, with 7 lakh+ retail outlets and 6000+ wholesalers. It also has around 13 well-maintained refinery units. Customers and markets both appreciated it. It was one of the go-to investments for anyone searching for a high-yielding stock. Ruchi Soya’s life was, in a nutshell, hunky-dory until 2011. In fact, it continued to make considerable money until the end of 2015.

    However, the tides quickly turned against it, bringing with them a sequence of unfavourable circumstances that redefined its success story. Yes, the corporation saw a precipitous decline from its apex. So, where did things go wrong?
    The problem began when Indonesia’s government, which imports the bulk of its raw resources, enacted proposed laws. The government raised the tax on crude oil and some other raw resources exports under the new law. The higher expense has to be borne by it. This had an economic burden on the company’s margins as well.

    Ruchi Soya has become one of India’s finest FMCG companies, as a prominent maker and distributor of a nutritious variety of edible oils and a pioneer of soya foods. And it’s one of India’s biggest palm planting firms. Ruchi Soya now has 22 production plants, with a combined refining capacity of over 11000 tonnes per day, a seed crushing capacity of 11000 tonnes per day, and a packaging capacity of ten thousand tonnes per day.

    The industry’s pan-India inclusion, which includes strategically located manufacturing facilities that strike the proper blend between proximity to raw materials and markets, as well as an extensive distribution network and a large sales force in India, has allowed it to run smoothly, increase product to satisfy ever-increasing domestic consumption, and outsource by-products like soy meal, lecithin, and other condiments to other nations.


    Fast Moving Consumer Goods (FMCG) – Business Model, Market Size & Strategies
    Have you ever wondered why are FMCG industry so successful and how do they have huge market share? Lets understand the business model of FMCG Companies.


    Ruchi Soya – Name, Logo, and Tagline

    Ruchi Soya’s tagline says, “Healthy options every day.”

    Company Logo of Ruchi Soya
    Company Logo of Ruchi Soya

    Ruchi Soya – Vision, and Mission Statement

    Ruchi Soya’s vision statement says,To be India’s leading edible oil & food company by building profitable brands that delight consumers by meeting their everyday health & nutrition needs at the best value.”

    Ruchi Soya – Employees

    Below are mentioned key people of Ruchi Soya Industries.

    • Founder & Managing Director – Dinesh Shahra
    • Vice President – Hemant Bansal
    • Dy. Manager Supply Chain South – Ak Singh
    • National Activation Manager – Amitakshya Chowdhury
    • Asst. Manager Commercial/ Finance – Amol Desai
    • Junior Manager – Anudit Purohit
    • Product Manager – Ashish Jaiswal
    • Sr Manager HRD – Ashwini Kumar
    • Manager – Electrical – Avinash Agrawal
    • Asst. Manager Legal – Dilip Taraj
    • Assistant Manager – Diwedi Dwivedi

    Ruchi Soya – Funding, and Investors

    Date Round Amount Lead Investors
    Mar 24, 2022 Funding Round ₹12.9B Alchemy Capital Management, Oman’s Pension Fund, Volrado Ventures

    Ruchi Soya – Acquisitions

    Acquiree Name About Acquiree Date Amount
    Patanjali Biscuit Business Patanjali Biscuit Business is a producer of biscuits and bakery products. May 11, 2021 ₹600M
    Gemini Edibles and Fats India Pvt. Ltd Gemini Edibles & Fats India Private Limited is in the business of manufacturing and marketing edible oils and fats. Jan 6, 2010 ₹45M

    As of March 24th 2022, as follow-on public offering opens for subscription, Ruchi Soya falls 5%. Before the follow-on public offering, the business, which is run by Baba Ramdev’s Patanjali Ayurved, received Rs 1,290 crore from anchor investors. Ruchi Soya’s stock hit a low of Rs 851 on the BSE, down from Rs 897.45 at the previous closing. The Rs 4,300 crore FPO is available at a 40% discount to the company’s existing market price at the top end of the price band of Rs 650 per share.

    The firm was purchased by Patanjali Ayurved after it went bankrupt. It is a fully integrated operator in the edible oil industry, with operations spanning the whole production process. It sells Nutrela, Mahakosh, Sunrich, Ruchi Gold, and Ruchi No. 1 goods.

    The firm has recently expanded into other industries such as data and honey. Ruchi Soya’s entrance into additional FMHG and FMCG items such as biscuits, oleochemicals, rusks, honey, wheat flour, and nutraceuticals signals well for the company’s mid-to-long-term commercial growth.

    Patanjali, which controls 98.90% of the firm, was required to reduce its shareholding to 75% or less within three years after purchase. It has been two years, and it is thus necessary to sell its shares.

    Ruchi Soya – Competitors

    Some of the top competitors of Ruchi Soya are:

    • Agro Tech Foods
    • AVT Natural
    • BCL Industries
    • Gokul Agro
    • Gokul Refoils
    • Ruchinfra
    • Sanwaria Consum
    • M K Proteins
    • Raj Oil Mills
    • NK Industries
    • JVL Agro Ind
    • Rasoya Protein
    • Vimal Oils
    • KN Agri Res

    Patanjali VS Baidyanath | Case Study | Success Comparison
    Patanjali vs. Baidyanath – A Case Study. Read to know Which is Better and Why? Comparison Between Baidyanath and Patanjali and Business Model.


    Ruchi Soya – Challenges Faced

    The Indonesian govt. has decreased the taxes on refined oil exports. As a result, a rise in the price of its product might lose the company money. Ruchi Soya was faced with a significant dilemma and a limited number of solutions. The higher expense has to be borne by it. This had a toll on the company’s margins as well. The loss of the castor oil business impacted Ruchi Soya even harder since the firm was already struggling to keep up with rising production expenses. Even though castor seeds only accounted for a small fraction of the company’s profitability, the losses were substantial.

    The global market for castor seeds had a significant drop in 2017. Ruchi Soya had put a lot of money into it, only to lose a lot of money. Aside from that, India’s seed and seedlings industry hit a snag when a severe drought hit the country, resulting in crop failure in various sections of the country. All of this had a significant impact on their output. Things have only gotten worse for a corporation that is already having a crisis.

    Ruchi Soya, which had formerly been profitable, was now reporting massive losses on its accounting records. For example, the financial accounts for March 2016 forecast a shortfall of over 800 crores. Furthermore, the company’s debts continued to rise to unprecedented heights and were estimated to be in the range of 9000 to 10000 crores. As a consequence of its clients’ failure to pay, it began to see a rise in unsurvivable debts. A total of 5000 crores in loans were written off as bad debts.

    The SEBI was also looking into the business because of its deceptive trading operations on the commodities market. They were soon compelled to withdraw from the stock markets.

    Ruchi Soya – Future Plans

    Ruchi Soya’s Current COO stated that the firm is undergoing numerous rebranding operations. It is reducing expenses and diversifying its product range to include new areas. It has partnered with Adani and with Wilmar to completely reinvent its company.

    Distribution and imports networks are also being examined. For the same goal, a Rs 5000 crore investment has been made. Sales increased for the corporation as well.
    A number of businesses have risen from the ashes and gone on to construct colossal empires. Ruchi Soya will undoubtedly be added to the list.

    The business experienced a setback, but it is now back on course, and with a roar. With massive potential and a well-thought-out strategy, the firm is looking forward to a brighter tomorrow filled with exciting changes.

    Ruchi Soya – FAQs

    What products does Ruchi Soya make?

    The product line of Ruchi Soya contains Vanaspati, Biscuit Division, Ruchi Sunlight Oil, Mahakosh Oil, Sunrich Oil, Ruchi Gold Oil, Nutrela Oil, Nutrela, and Soya Foods.

    When did Patanjali acquire Ruchi Soya?

    Patanjali bought Ruchi Soya for 4,000 crores in a corporate bankruptcy resolution procedure in 2019.

    Who founded Ruchi Soya?

    Dinesh Shahra founded Ruchi Soya in 1986.

    Which companies do Ruchi Soya compete with?

    Ruchi Soya’s top competitors are:

    • Agro Tech Foods
    • AVT Natural
    • BCL Industries
    • Gokul Agro
    • Gokul Refoils
    • Ruchinfra
    • Sanwaria Consum
    • M K Proteins
    • Raj Oil Mills
    • NK Industries
    • JVL Agro Ind
    • Rasoya Protein
    • Vimal Oils
    • KN Agri Res
  • Patanjali Interesting Facts | Unknown Facts Behind the Popularity of Patanjali

    In India, ayurvedic goods have dominated the whole medical and cosmetic sector. Patanjali’s development in the field of ayurvedic medications and goods is well-known throughout India. With a net income of Rs. 590 crores ($80 million), Patanjali has been recognised as India’s fastest-growing FMGC company. It was founded in 2006 by Yoga master Baba Ramdev and Ayurveda professor Acharya Balkrishna. Patanjali Ayurved Limited is the owner of the Patanjali trademark. Its headquarters are in Haridwar, Uttarakhand.

    Patanjali serves the personal care and food sectors. It manufactures over 300 Ayurvedic medications for the treatment of various bodily problems and generates over 2,500 goods.

    So, without further ado, let’s look at some unknown facts about Patanjali.

    How Patanjali started?
    Patanjali’s Revenue Over the Years
    Baba Ramdev is not a Stakeholder
    How Does Patanjali Sell its Products?
    Patanjali’s Best Selling Products
    What Percentage of Patanjali’s Income is Spent on Advertising and Publicity?
    Patanjali’s Business Strategy
    How did Patanjali become so popular?
    Patanjali has a Food Park of its own
    Patanjali’s Divya Amla Juice and Shivlingi Beej Controversy
    Conclusion
    FAQs

    How Patanjali started?

    Acharya Balkrishna | Patanjali Founder and Chairman
    Acharya Balkrishna | Patanjali Founder and Chairman

    In Haridwar, Acharya Balkrishna and Ramdev established Divya Yoga Pharmacy in 1995, which led to the establishment of Patanjali Ayurved. NRIs Sunita and Sarwan Poddar, who are Ramdev’s followers, helped the firm get off the ground with a loan.

    Balkrishna said that he took out a Rs 60 crore loan without ever having a personal bank account in his name.

    Patanjali’s Revenue Over the Years

    In 2012, Patanjali made a total revenue of Rs 452 crores ($6.07 million), in 2013, it went up to Rs 849 crores ($11.4 million). In 2014, the revenue was Rs 1191 crores ($16 million) and in 2015, it went to Rs 2006 crores ($26.9 million). In May 2017, the firm said that its revenues had quadrupled in a year to over Rs 10,000 crore and in 2020 generated Rs 30,000 crores, making it India’s second-largest consumer products company, second only to Hindustan Unilever who they aim to beat by next year, with Amul now contending for second place.


    Business Model of Patanjali | The secret behind Patanjali’s Success
    Patanjali has emerged as one of the successful FMCG companies in India with a turnover of 10 crores. Let’s deep dive into its business model to understand how it makes money.


    Baba Ramdev is not a Stakeholder

    The firm does not consider Baba Ramdev to be a shareholder. The yoga guru owns zero% stake in the business. Acharya Balkrishna, on the other hand, is the managing director of Patanjali Ayurved and has a 94 per cent share in the company.

    How Does Patanjali Sell its Products?

    Patanjali goods are offered through three types of medical centres: 1200 Patanjali Chikitsalayas (doctors’ clinics), 2500 Arogya Kendra (health and wellness centres), and 8000 Swadeshi Kendra (non-medicine outlets).

    Baba Ramdev’s Patanjali established a collaboration with eight e-tailers earlier this year as part of a big push for the online distribution of Patanjali Ayurveda’s products.

    Several E-tailers have partnered with Patanjali Ayurveda. These are:

    These e-tailer collaborations will be in addition to the company’s website, patanjaliayurved.net, where it sells its goods online.

    Patanjali’s Best Selling Products

    Patanjali Best selling products
    Patanjali Best selling products
    • Patanjali’s cow ghee has brought in Rs 1,467 crore, accounting for 13.9 per cent of the company’s overall income.
    • Patanjali Ayurveda’s second most popular product, Dant Kanti toothpaste, has brought in the most money after cow’s ghee. According to the most recent information available, Patanjali’s Dant Kanti sold Rs 940 crore, accounting for 8.9% of total income.
    • The hair cleanser, Kesh Kanti, is another of Patanjali Ayurveda’s most popular products. Kesh Kanti, Patanjali’s haircare brand, had a revenue of Rs 825 crore, accounting for 7.8% of the company’s overall sales.
    Patanjali Best products

    What Percentage of Patanjali’s Income is Spent on Advertising and Publicity?

    Patanjali invests 12-20% of its sales on distribution and research, according to data and sources. Patanjali has developed a unique word-of-mouth marketing strategy that generates all revenue without the use of advertising.

    Patanjali’s fame did not emerge immediately; it grew over time as hundreds of thousands of pleased consumers multiplied into lakhs.

    Patanjali’s Business Strategy

    Patanjali Chikitshalya and Arogya Kendras have 10,000 locations where the staff constantly suggests Patanjali items. And the folks who attend their yoga camps are eager to promote the business. Baba Ramdev’s Swadeshi branding was added to the mix. Baba Ramdev also sells it on television and promotes it in his Yoga seminars around the country.

    They also supply Patanjali brand usage and teach and certify medical practitioners chosen by Ayurveda clinics.

    Due to the rub-off effect of Baba Ramdev’s qualifications in Yoga and Ayurveda, this instantly bestows confidence and credibility.

    How did Patanjali become so popular?

    Patanjali goods have grown in popularity in the recent year, even though the company was founded in 2006. The Haridwar-based firm brought in Rs 5,000 crore in revenue in 2015-16, up from about Rs 400 crore in 2011-12, Rs 2,000 crore in 2014-15, and now Rs 30,000 crores in 2020-21. In its FMCG range of roughly 300 goods, products like ghee and toothpaste have emerged as blockbusters, boosting their development even further.

    The trend in Indian customers’ lifestyles toward natural and ayurvedic items and the fact that its goods are 20 per cent cheaper than most FMCG items might be the reason for its success.

    Patanjali has a Food Park of its own

    Patanjali Food Park
    Patanjali Food Park

    Patanjali Ayurveda has it is own Patanjali Food and Herbal Park, which runs under the Indian government’s food park plan. Not only that but the corporation is said to have opened one of the world’s largest food parks, with a total investment of Rs 500 crores. It is not only beneficial to the medical brand, but it also employs over 6,500 people and spans 100 acres.

    Patanjali’s Divya Amla Juice and Shivlingi Beej Controversy

    In a public notification dated June 21, 2017, the Nepal Department of Drug Administration requested that Patanjali Ayurved recall six medicinal items because they were determined to be of poor quality.

    Patanjali’s Divya Amla Juice and Shivlingi Beej failed to fulfil quality criteria, according to an RTI request. According to the test result, Shivlingi Beej had 31.68 per cent foreign matter, and amla juice had a pH value below the permissible range. Between 2013 and 2016, 32 of the 82 samples collected failed the quality test.

    According to a lab study from the Uttarakhand state government, the pH value of amla juice was determined to be less than the permissible level, which assesses the alkalinity of water-soluble compounds. Acidity and other medical issues may result from products with pH levels less than seven. The lab result was refuted by Acharya Balkrishna, who said it was an effort to smear Patanjali’s reputation.


    Patanjali VS Baidyanath | Case Study | Success Comparison
    Patanjali vs. Baidyanath – A Case Study. Read to know Which is Better and Why? Comparison Between Baidyanath and Patanjali and Business Model.


    Conclusion

    The last financial year has been quite hard for Patanjali since sales were down due to the pandemic, but with the acquisition of the FMCG firm Ruchi Soya for Rs 4350 crores ($58.4 million), things have started to look up. Baba Ramdev has reported a 9 per cent rise in operational revenue while the net income has gone up to 14 per cent since 2020. Patanjali is expected to grow even more and beat its competition in the coming years.

    FAQs

    Who is the real owner of Patanjali?

    Acharya Balkrishna is the owner of Patanjali. He is the chairman of the consumer goods company Patanjali Ayurved.

    What is the USP of Patanjali?

    Patanjali sells only Ayurveda based products in food, cosmetics and healthy FMCG products.

    When was Patanjali started?

    Patanjali was founded in January 2006 by Baba Ramdev and Acharya Balkrishna at Haridwar.

  • Teal & Terra- Organic Skin Care and Hair Care Products on Fleek

    Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by the organization it is based on.

    When it comes to the cosmetic industry, consumers are always concerned as to what goes behind the scenes while making these products and mainly the concern is about the ingredients. For the same reasons, nowadays we see a huge buzz about organic products or natural hair care and skin care products. To capitalize this buzz and to level up this segment in the beauty care industry, Upma Kapoor launched Teal & Terra in 2017.

    Teal & Terra provide a range of organic skin care and hair care products made from purely natural products using the ancient power and wisdom of Ayurveda. Among its unique and popular products is hair oil which brings the benefits of onion oil without its unpleasant smell.

    Teal & Terra – Company Highlights

    Startup Name Teal & Terra
    Headquarter Gurugram
    Sector Organic Beauty and skincare
    Founder Upma Kapoor
    Funding Bootstrapped
    Founded 2017

    Discover more about Teal & Terra:

    Teal & Terra – About and How it works
    Teal & Terra – Target Market Size
    Teal & Terra – Founders and Team
    Teal & Terra – How did it start?
    Teal & Terra – Startup Launch
    Teal & Terra – Business Model and Revenue Model
    Teal & Terra – Startup Challenges
    Teal & Terra – Competitors
    Teal & Terra – Advisors and Mentors
    Teal & Terra – Awards and Recognition
    Teal & Terra – Future Plans

    Teal & Terra – About and How it works

    Teal & Terra have a wide array of natural and organic skincare & haircare products. It’s the most popular product is the onion and castor oil, which comes with a unique formulation for healthy hair. With an innovative formulation, the team has tried to harness the benefits of onion oil without its unpleasant smell. Also, its Kumkumadi face oil and Moroccan Argan oil are some of the other key products sold by Teal & Terra.

    Teal & Terra Products
    Teal & Terra Products

    Teal & Terra – Target Market Size

    Teal & Terra is a startup in the organic beauty and skin care industry. The organic beauty and skin care industry have tremendous scope in India coming up in the next five years. According to FICCI, the Indian organic skin care market will grow at an annual rate of 25% CAGR.

    Teal & Terra – Founders and Team

    The founder/Owner of Teal & Terra is Upma Kapoor.

    Teel and Terra
    Teal and Terra Founder 

    Graduated from Delhi University, Upma has founded one more startup other than her current one- Teal & Terra. Her first launch was a firm named Literati. Literati is a young and aggressive HR firm that specializes in recruiting for middle and senior-level positions in BFSI (Financial Services), IT, Retail and Pharma sectors. It has differentiated itself from others, by focusing on providing and maintaining high-quality standards in recruiting and other HR services.

    Teal & Terra – How did it start?

    Teal & Terra were born with this idea when, Kapoor realized that the current range of Indian beauty products was no match to the high-end imported foreign skin care products which are so popular with consumers. After undertaking some research, she came to know that by harnessing the natural benefits of the abundant flora in India, as in the ancient wisdom of Ayurveda, she could offer consumers a line of completely pure, organic and natural products at a much cheaper price with greater benefits. This also fits well with the emerging trend for organic skin care in the country and after 15 years in the corporate world, she decided to take the plunge into entrepreneurship. And that’s how Teal & Terra came into existence.

    Teal & Terra – Startup Launch

    In the initial phases of Teal & Terra, building a client base was tough as the founder faced stiff competition from the big players. In online communities, there were a lot of backlashes but it was again through these online communities that Kapoor was able to get her first customers. “I am fortunate that these first clients appreciated my products and spread the word online, which helped me reach a sizable client base. A majority of our customers are returning ones and my strongest ambassadors.” Says Upma Kapoor. All in all, most of Teal & Terra’s sales occur because of the good-will that it has managed to accrue over the years.

    Teal & Terra – Business Model and Revenue Model

    Teal & Terra works on B2C Business Model. The founder of Teal & Terra, Upma Kapoor started the firm with her savings and some funds from friends and family. From having a worth of 7.5 lakh in 2017 to 2.24 crore in under two years, she has worked night and day for Teal & Terra to emerge as a brand of reckoning in the organic skin care segment.

    70% of its revenue comes from repeat buyers in this highly competitive market. Kapoor is also working extensively towards women empowerment and providing work from home opportunities to women so they can make a living.

    The products at Teal & Terra are priced between Rs 500 to Rs 2,690, and the products are primarily for hair care and skin care. With product placement on leading online shopping platforms now, the company is also able to attract a much wider client base.


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    Teal & Terra – Startup Challenges

    The initial days of Teal & Terra had their fair share of challenges. Starting with the founder launching the firm with her funding, was a huge challenge. Then came the milestone of brand acceptance and stiff competition from the established players. There was also a lot of negative propaganda in online communities. Over time, however, Teal & Terra’s products were appreciated by the customers, through word of mouth, it was able to build a client base and also increase revenue. On the personal front too, as Upma Kapoor is a single mother, she had to struggle a lot to maintain a balance between her personal and professional life.

    With increasing awareness among the customers for products that are natural and environment-friendly, the challenge will lie in innovating to provide a wider spectrum of products that can cater to the demands of consumers while beating the competition of mass-produced, cheaper, and chemical-based cosmetics.


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    Teal & Terra – Competitors

    Teal & Terra face direct competition from major cosmetic brands that claim to be selling organic and natural hair care and skin care products. These brands range from Mama Earth, Kama Yoga, Soul Flower to big brands like Himalaya and Forest Essentials.

    Teal & Terra – Advisors and Mentors

    The change from the service industry to entrepreneurship was not sudden for Kapoor as it was something that had always been on the back of her mind for quite some time. Since it was something entirely different from her regular corporate job, she is very grateful for the support and guidance of her friends and family.

    Teal & Terra – Awards and Recognition

    Conceptualizing the idea of Teal & Terra and making it a brand known to people has also led to recognition and awards. In 2019, the founder, Upma Kapoor received the Priyadarshini Award for Outstanding Woman Entrepreneur 2019 and the Global Business Award for Women Entrepreneur of the Year.

    Teal & Terra – Future Plans

    As a startup, Teal & Terra is committed to providing quality organic products to consumers who are looking for purity.

    Mrs. Kapoor said –  The vision for the brand is very clear in my head. Three years from now, I wish to multiply the revenue the company is making now and have a wider range of products. At the same time, being a socially responsible company, it is my vision to employ more women as a policy and create a more conducive working environment for my employees.


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