The 4 reports from 1 analysts offering long term price targets for Prataap Snacks Ltd. have an average target of 801.00. The consensus estimate represents an upside of 39.79% from the last price of 573.00.
|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2020-06-20||Prataap Snacks Ltd.||Edelweiss||593.45||801.00||593.45 (-3.45%)||39.79||Buy|
|2020-02-07||Prataap Snacks Ltd.||Edelweiss||772.20||1060.00||772.20 (-25.80%)||84.99||Economy Update|
|2019-11-07||Prataap Snacks Ltd.||Edelweiss||915.00||1050.00||915.00 (-37.38%)||83.25||Buy|
|2019-08-14||Prataap Snacks Ltd.||Edelweiss||780.05||1050.00||780.05 (-26.54%)||83.25||Buy|
|2019-05-29||Prataap Snacks Ltd.||Edelweiss||929.45||1250.00||929.45 (-38.35%)||Buy|
|2019-05-02||Prataap Snacks Ltd.||Edelweiss||891.10||1250.00||891.10 (-35.70%)||Buy|
|2018-09-03||Prataap Snacks Ltd.||Rudra Shares and Stock Brokers Ltd||1132.00||1260.00||1132.00 (-49.38%)||Buy|
Rudra Shares and Stock Brokers Ltd
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...
|2018-08-07||Prataap Snacks Ltd.||Rudra Shares and Stock Brokers Ltd||1132.50||1290.00||1132.50 (-49.40%)||Target met||Buy|
Rudra Shares and Stock Brokers Ltd
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...
|2018-01-17||Prataap Snacks Ltd.||JM Financial||1149.15||1390.00||1149.15 (-50.14%)||Target met||Buy|
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...
|2017-11-22||Prataap Snacks Ltd.||Geojit BNP Paribas||1175.50||1175.50 (-51.25%)||IPO Note|
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...
|2017-09-22||Prataap Snacks Ltd.||Choice India||IPO Avoid|
Prataap Snacks Ltd. (PSL) is one of the top six Indian snack food companies in terms of revenues in 2016, and among the fastest growing companies in the Indian organized snack market. Of the net proceeds from fresh issue, around Rs. 130mn will be utilized to repayment/pre-payment in full or part of certain borrowings availed by it; Rs. 670mn will be used to fund the capital expenditure requirements; around 294mn would be invested in the fully owned subsidiary company and Rs. 400mn will be utilized for...
|2017-09-22||Prataap Snacks Ltd.||Ashika Research||IPO Note|
Funding capital expenditure requirements in relation to expansion (including through setting up of a new production line and construction of a building) and modernisation at certain of the company's existing manufacturing facilities (Rs. 67.0 cr.); Investment in Subsidiary, Pure N Sure, towards enabling the repayment /...
|2017-09-22||Prataap Snacks Ltd.||Nirmal Bang||IPO Note|
Prataap Snacks Limited (PSL) one of the top six Indian snack food companies in terms of revenues in 2016, and among the fastest growing companies in the Indian organized snack market between 2010 and 2016. It is present in three major savoury snack food categories in India...
|2017-09-22||Prataap Snacks Ltd.||Systematix Group||IPO Note|
Namkeen represented 62.99%, 23.85%, and 12.23%, respectively, of their total revenue. They have set up a pan-India distribution network supported by strategically located manufacturing facilities. As of Q1FY18, their distribution network included 218 super...
|2017-09-21||Prataap Snacks Ltd.||HDFC Securities||IPO Note|
IPO Note - Prataap Snacks Limited Issue Open: Sept 22 - Sept 26, 2017, Price Band: Rs. 930 - 938 (A discount of Rs 90 is offered to eligible employees) Issue Size: *51,37,966 Equity Shares (including *Fresh issue of 21,32,196 Equity Shares + Offer for sale 30,05,770 equity shares)
|2017-09-21||Prataap Snacks Ltd.||Ventura||IPO Note|
|2017-09-21||Prataap Snacks Ltd.||SMC online|
Company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects: Repayment/pre-payment, in full or part, of certain borrowings availed by the Company; Funding capital expenditure requirements in relation to...
|2017-09-21||Prataap Snacks Ltd.||Aditya Birla Money Limited||IPO Note|
Aditya Birla Money Limited
Pratap Snacks Ltd. (PSL) is one of the India's fastest growing Indian snack food companies. PSL has a PAN India presence offering diversified snack portfolio which includes Extruded snack, Chips and Namkeen. Company owns and operates under the brand Yellow Diamond. PSL's revenue has grown at a CAGR of ~27% over FY13-17. PSL is coming with an IPO of about `482cr. out of which `200cr. is the fresh issue and remaining OFS. The post Issue market capitalisation is expected to be `~2200cr. We recommend SUBSCRIBE on the issue for long term as well...
|2017-09-20||Prataap Snacks Ltd.||ICICI Securities Limited||IPO Note|
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research Incorporated in 2009, Prataap Snacks is an Indore, Madhya Pradesh, based Indian food company, which sells its products under brand name Yellow Diamond. It is among the top six players in the | 22000 crore Indian organised snacks market with a 4% market share. The company sells its products under three categories a) extruded snacks b) chips and c) namkeen. In FY17, these aforesaid categories contributed 63.0%, 23.9% and 12.2% to revenue, respectively. As of June 30, 2017, the...
|2017-09-20||Prataap Snacks Ltd.||Prabhudas Lilladhar||IPO Note|
towns and low unit packs. The company is among top six players in the Rs220bn organizedsnackssegmentwithYELLOWDIAMONDbrandandmarketleadership in Rings and Puff segment which has competition from PepsiCo, ITC, Parle, Haldiram's and DFM foods. PSL has immense growth potential as it has market...