Prataap Snacks Ltd
NSE:DIAMONDYD
Prataap Snacks Ltd
Prataap Snacks Ltd. engages in the production, market, and distribution of packaged snacks. The company is headquartered in Indore, Madhya Pradesh and currently employs 1,049 full-time employees. The company went IPO on 2017-10-05. The firm operates in the Snacks Food segment. The company offers products in three categories: Extruded Snacks, Potato Chips and Namkeen. Its extruded snacks include processed, reconstituted, shaped, potato or cereal-based snacks, which may be flavored or unflavored. The company also offers puffed snacks. The firm's portfolio of extruded snacks is divided into shaped extruded snacks, which comprise pellets (scoops and wheels) and random extruded snacks, which include Chulbule (savory sticks). Its range of products includes Foochka Gol Gappa, Cookies, Mini Maska Bun, Masala Pipe, Stix, Sweet & Tangy Pillows, Rich Feast Cookie cake, Katori, Rich Feast Choco Vanilla cake, Kurves, Rings, Chips, Puffs, Popcorn, Scoops, Fungroo, and others.
Prataap Snacks Ltd. engages in the production, market, and distribution of packaged snacks. The company is headquartered in Indore, Madhya Pradesh and currently employs 1,049 full-time employees. The company went IPO on 2017-10-05. The firm operates in the Snacks Food segment. The company offers products in three categories: Extruded Snacks, Potato Chips and Namkeen. Its extruded snacks include processed, reconstituted, shaped, potato or cereal-based snacks, which may be flavored or unflavored. The company also offers puffed snacks. The firm's portfolio of extruded snacks is divided into shaped extruded snacks, which comprise pellets (scoops and wheels) and random extruded snacks, which include Chulbule (savory sticks). Its range of products includes Foochka Gol Gappa, Cookies, Mini Maska Bun, Masala Pipe, Stix, Sweet & Tangy Pillows, Rich Feast Cookie cake, Katori, Rich Feast Choco Vanilla cake, Kurves, Rings, Chips, Puffs, Popcorn, Scoops, Fungroo, and others.
Revenue: Prataap Snacks reported Q2 FY'25 revenue of INR 441 crores, up 2% year-on-year despite persistent input cost inflation.
Margins: EBITDA margin dropped sharply to 4.3% from 8.8% last year, mainly due to steep rises in potato and other commodity prices.
Profit: PAT fell to INR 6.2 crores versus INR 16.5 crores in the prior year quarter.
Inflation Impact: High inflation in raw materials, especially potatoes (up 60–65% YoY), and palm oil is expected to continue putting pressure on margins in Q3.
Premiumization & Expansion: The company is shifting focus to higher-value products, launching the '7 Diamond' premium range, exporting, and expanding in quick commerce.
Operational Moves: Distribution costs have been reduced by moving to a direct distribution model, and freight costs are being targeted for further savings.
Guidance: Management remains committed to achieving double-digit EBITDA margins within 1–1.5 years, driven by cost optimization and product mix improvement.
