Prataap Snacks declined 3.78% to Rs 865.95 after the company’s standalone net profit fell 29.73% to Rs 9.43 crore in Q1 FY25 as compared with Rs 13.42 crore posted in same quarter last year.

Prataap Snacks drops after Q1 PAT slides 30% YoY to Rs 9 cr

Prataap Snacks standalone net profit declines 29.66% in the June 2024 quarter

The new unit has a production capacity of 10,000 metric ton per annum.

Prataap Snacks Shares Gain After J&K Production Unit Comes Online

Prataap Snacks also sells traditional Indian namkeens under the Avadh brand.

Prataap Snacks Shares Rise Over 14% After Reports Of ITC Eyeing 47% Stake - News18

ITC is considering acquiring a 47% stake held by Peak XV Partners in popular Prataap Snacks Ltd., the Economic Times reported, citing people with knowledge about the matter.

Prataap Snacks Shares Surge Over 14% On Report ITC May Buy 47% Stake

The search was conducted at its unit in Bengaluru on Monday under the Central Goods and Services Tax Act.

Prataap Snacks Shares Fall After GST Search At Manufacturing Unit

Prataap Snacks adopted a cost optimisation strategy, which resulted in a reduction in raw material expenses.

Prataap Snacks FY23 margins fall on high input costs

Prataap Snacks reports consolidated net profit of Rs 5.82 crore in the December 2022 quarter

“We are trying to optimise our production cost and channel margin. Most of the benefits that we have taken from last year to this year, have come out of the general reduction and very little from the price increase to the consumer. Going forward also, we intend to do the same thing but not hike pric…

Prataap Snacks expects double digit EBITDA in the next 2-3 quarters: Amit Kumat

The company is better placed in comparison with listed peer Prataap Snacks, but pricing is stiff

Bikaji Foods IPO: Should you subscribe?

The valuations are in line with its peers, including Prataap Snacks, Nestle India and Britannia Industries. The company has a very strong pan India brand recall with ‘Bikaji’ and presence across the country, said Angel One with a ’subscribe rating.

Will Bikaji Foods spice up Dalal Street? Here’s what brokerages say

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Prataap Snacks Limited is engaged in processing, manufacturing and sale of various types of potato-based snacks, extruded snacks, namkeen and ethnic sweets under the brand name, Yellow Diamond