Prataap Snacks Ltd. share price target

Prataap Snacks (PSL)’s revenue grew 3.8% YoY to INR4.6b in 3QFY26, supported by 4.0% volume growth. EBITDA/APAT grew 492.2%/255.9% YoY. Namkeen, Extruded and Chips continued to drive growth, while Snack Pellets & Rings declined.

Raw material costs, especially for palm oil and potatoes, continued to rise in the third quarter as expected. The reinstatement of import duties on crude and refined palm oil exacerbated the RM cost issue and its consequent impact on margins.

PSL reported modest results in 2QFY25, impacted by inflationary pressures. Significant inflation in palm oil, coupled with increased duties in September, is anticipated to negatively impact 3Q FY25.

Crispy delight for your portfolio

DIAMOND: Emerging contender in booming snacks business

Fast-growing player in savoury packaged snacks. Strengthening of processes (to stabilise RM cost) and distribution channels to spur growth

We had hosted Investor Conference on 29th & 30th September 2021 where 15 companies participated at our Arihant Rising Star's Virtual Summit. Key takeaways from the conference are as follows:...

Recovery looking delayed; Margins to stay under pressure

Prataap Snacks Ltd (PSL) revenue decreased by 16% YoY to INR 327 crore, above our expectations of INR 296 crore

Prataap Snacks' (PSL) Q4FY20 result was impacted by 10 days of lockdown in March owing to the novel coronavirus, or COVID-19, pandemic.

Prataap Snacks Ltd (PSL) results were impacted by sharp inflation in raw material prices. PSL reported 17% YoY growth in revenue in Q3FY20

Prataap Snacks Ltd (PSL) reported a strong Q2FY20 results as it beats our estimate mainly due to higher-than-expected improvement in rings sales growth.

Prataap Snacks Ltd (PSL) reported a mixed Q1FY20 results as revenue growth came slightly above our estimates (+4.7%)

Prataap Snacks (Prataap) posted weak Q4 performance ; whereby the consolidated topline grew at 12% yoy

Prataap Snacks a key player in the Organized Snacks market, has transformed itself from a regional snacks player to a PAN India player.

Company has announced acquisition of Avadh Snacks Private Limited, Gujarat's leading snacks food company. PSL has agreed to acquire 80% equity stake for a consideration of `148 crores through a combination of primary & secondary investment. Acquisition of Avadh Snacks will help to accelerate growth and deepen its presence in the key market of Gujarat . Gujarat is the biggest salty snacks market in India and is one of the most important markets where Prataap Snacks would like to build a presence with a strong partner like Avadh. Further, product offerings of Prataap Snacks and Avadh Snacks are complementary and will help the firm in creating a balanced portfolio with a mix of regional and national flavors and variants across...

One of the fastest growing companies in the organized snacks industry, offers multiple variants of products across categories of potato chips, extruded snacks, namkeen under the popular "Yellow Diamond" brand. Prataap's USP is its differentiating offerings which include innovative flavors targeted at addressing consumer tastes, market trends and providing superior value to consumers. Company have started FY 19 on a positive note with revenues growing at 19% Y-O-Y in Q1 as against growth of...

Prataap Snacks, owner of the Yellow Diamond' brand, has established a sizeable presence in the Indian Snacks industry over the past few years by capturing a reasonable share in the Extruded Snacks space through its product innovations, intelligent marketing campaign and focus on distribution which has helped quadruple its market share over a 6-year period. This drove 27% revenue CAGR over FY13-17 but the company's current scale is still way too small at INR9bn p.a. when compared to the size of the opportunity; the organised snacks market is a c.INR220bn (c.$3.5bn) one. We believe Prataap can easily sustain high-teens revenue growth rate over next few years its high exposure to faster-growing sub-segments...

Prataap Snacks is one of the top players in the Indian snack food companies in terms of revenue and amongst the fastest growing company in the organised snack market. The company sells its product under the brand name "Yellow Diamond" with diversified product portfolio including traditional and western snacks. Being a pan-India player, Prataap Snacks saw phenomenal growth over the last few years with revenue CAGR of 27.34% over FY13-17. During the same time it successfully garnered market share from large players like PepsiCo and...