Patanjali Foods Ordered to Recall Red Chilli Powder Batch Over Safety Standards Non-Compliance

The Food Safety and Standards Authority of India (FSSAI) has directed Baba Ramdev-led Patanjali Foods to recall an entire batch of its red chilli powder due to non-compliance with food safety standards. The FMCG giant disclosed the directive in an exchange filing on Thursday, January 24, 2025.

Details of the Recall

According to the filing, FSSAI issued an order dated January 13, 2025, which was received by Patanjali Foods on January 16, 2025. The order specifically pertains to the batch of “Red Chilli Powder (packed)” bearing Batch No. AJD2400012.

The regulatory body stated that the batch in question failed to conform to The Food Safety and Standards (Contaminants, Toxins, and Residues) Regulations, 2011. This non-compliance prompted the FSSAI to instruct Patanjali Foods to immediately initiate a recall of the entire implicated batch from the market.

Company Statement

Patanjali Foods acknowledged the FSSAI directive in its exchange filing and stated its commitment to ensuring compliance with food safety standards. However, no additional details were provided regarding the nature of the contaminants or the extent of the batch’s distribution.

Stock Performance 

On January 24, 2025, Patanjali Foods share price traded down by 1.08% at 11:27 AM (IST) at ₹1,835.25. Patanjali Food’s share price reached a 52-week high of ₹2,030 on September 04, 2024, and a 52-week low of ₹1,170.10 on June 04, 2024. As per BSE, the total traded volume for the stock stood at 5184 shares with a turnover of ₹95.82 lakhs.

At the current price, Patanjali Foods shares are trading at a price-to-earnings (P/E) ratio of 67.52x, based on its trailing 12-month earnings per share (EPS) of ₹27.48, and a price-to-book (P/B) ratio of 6.20, according to exchange data.

Shareholding Details

As of December 31, 2024, Foreign Institutional Investors (FIIs) held a 13.32% stake in Patanjali Foods shares, while Domestic Institutional Investors (DIIs) owned 6.28%, and the promoters held 69.48%.

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