Latest news with #PrataapSnacks
Business Standard
06-05-2025
- Business
- Business Standard
Prataap Snacks records net loss of nearly Rs 12 crore in Q4 as input prices surge
Prataap Snacks has reported a net loss of Rs 11.94 crore in Q4 FY25 as against a net profit of Rs 12.38 crore in Q4 FY24. Net sales rose by 3.1% year-over-year (YoY) to Rs 398.53 crore during the period under review. Total operating expenditure increased by 12.2% YoY to Rs 395.66 crore in Q4 FY25, due to higher raw material costs (up 18.6% YoY) and higher other expenses (up 3.4% YoY). Profit before interest, depreciation and taxes dropped by 81% to Rs 7.21 crore in the fourth quarter from Rs 37.99 crore recorded in the same period last year. The company posted a pre-tax loss of Rs 11.02 crore in Q4 FY25 as against a pre-tax profit of Rs 16.90 crore in Q4 FY24. Prataap Snacks has recorded a net loss of Rs 34.27 crore in FY25 as against a net profit of Rs 53.12 crore in FY24. Net sales for FY25 were Rs 1,699.08 crore, up 5.5% YoY. Amit Kumat, MD, Prataap Snacks, said: In FY25, we witnessed sustained inflationary pressures and weak consumption trends which have impacted demand for consumer products. The impact is more visible in the value segment. Given this backdrop, we are pleased to report positive revenue growth of 6% YoY for FY25 and 3% YoY in Q4FY25. Topline growth in Q4 would have been slightly higher, but for some lost sales due to the fire in our Jammu facility. We have enhanced capacities at other facilities located in North India towards end of the quarter. Our sharpened focus on core markets, data-driven sales strategies, and expanded distribution have been key enablers of the topline growth. In addition to witnessing encouraging trends in market share, we are pleased that our leadership in extruded snacks remains intact. During the year, we witnessed a sharp rise in input costs, especially palm oil and potatoes with other inputs also witnessing inflationary pressures. Our ongoing cost optimization initiatives delivered meaningful impact, easing some part of the margin pressures. As input prices eased slightly towards the end of the fiscal, we reported improved profitability in Q4 over Q3. Despite a challenging year, we have delivered a positive cash profit and improved working capital further. Looking ahead to FY26, our focus will be to drive sustainable profitable growth through sharper cost control, distribution expansion, and technology-led governance. Prataap Snacks (PSL) is a leading Indian snacks food company. It offers multiple variants of products across categories of potato chips, extruded snacks, namkeen (traditional Indian snacks) and cakes under the popular and vibrant Yellow Diamond and Avadh brands. The scrip shed 0.91% to currently trade at Rs 1195.15 on the BSE.
Business Standard
06-05-2025
- Business
- Business Standard
Prataap Snacks reports standalone net loss of Rs 11.94 crore in the March 2025 quarter
Sales rise 3.10% to Rs 398.53 crore Net loss of Prataap Snacks reported to Rs 11.94 crore in the quarter ended March 2025 as against net profit of Rs 12.38 crore during the previous quarter ended March 2024. Sales rose 3.10% to Rs 398.53 crore in the quarter ended March 2025 as against Rs 386.53 crore during the previous quarter ended March 2024. For the full year,net loss reported to Rs 34.27 crore in the year ended March 2025 as against net profit of Rs 53.12 crore during the previous year ended March 2024. Sales rose 5.52% to Rs 1699.08 crore in the year ended March 2025 as against Rs 1610.15 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 398.53386.53 3 1699.081610.15 6 OPM % 1.239.17 - 2.878.76 - PBDT 5.3636.06 -85 51.55143.77 -64 PBT -11.0216.90 PL -17.6477.41 PL NP -11.9412.38 PL -34.2753.12 PL
Mint
05-05-2025
- Business
- Mint
Q4 results today: Mahindra & Mahindra, Indian Hotels Co, CAMS, J&K Bank, Bombay Dyeing Co, Coforge, and ZEE on May 5
Q4 results on May 5: Mahindra & Mahindra, Indian Hotels Company, Coforge, J&K Bank, ZEE, Bombay Dyeing Co., Capri Global, CAMS, and Prataap Snacks are among at least 49 companies set to release their Q4FY25 results today. This week, see over 70 Indian companies announce their March quarter results during the Q4FY25 earnings season. These include heavyweights such as L&T, Coal India, Asian Paints, Titan, One 97 Comunication (Paytm), Swiggy, Pidilite Industries, and Dr Reddy's Labs, among others. Siddhartha Khemka, Head — Research, Wealth Management, Motilal Oswal Financial Services expects the market to consolidate in a broad range with a positive bias. 'Stock-specific action is likely to dominate the market, although some volatility may be expected due to geopolitical tensions,' he added. At least 49 companies are set to release their Q4FY25 earnings report today, including OneSource Specialty Pharma, Prataap Snacks, Summit Securities, Unicommerce Esolutions, Zee Media Corporation, POCL Enterprises, SIL Investments, Sunshield Chemicals, Stovec Industries, Vinyl Chemicals (India), Pelatro, Shish Industries, Nureca, Sah Polymers, TAHMAR ENTERPRISES, Smruthi Organics Limited, Vippy Spinpro, Savani Financial, Sattva Sukun Lifecare, Siel Financial Services, Mahindra and Mahindra, Indian Hotels Company, DCM Shriram, Jammu and Kashmir Bank, Epigral, Ethos, Magellanic Cloud, Jash Engineering, Kalyani Steels, Hind Rectifiers, GHCL Textiles, DMCC Speciality Chemicals, Entertainment Network India, Nila Spaces, Davangere Sugar Company, GAMCO, Gujarat Poly Avx Electronics, Mittal Life Style. Invigorated Business Consulting, Narendra Properties, COFORGE LIMITED, Computer Age Management Services, Capri Global Capital, CCL Products India, Cigniti Technologies, The Bombay Dyeing Co., and Baheti Recycling Industries. The benchmark Nifty-50 index closed at 24,346.70, up 1.3 per cent last week ended May 2. The Bank Nifty at 55,115.35 was 0.8 per cent; while auto, pharma, and realty were among top gainers, and FMCG, metals, and utilities were the top losers. Broader markets closed marginally lower. For the Nifty on May 5, Amol Athawale, VP — Technical Research at Kotak Securities thinks that '24,200 would act as a sacrosanct support zone and above this level, its positive momentum up to 24,600–24,800. On the flip side, below 24,200, the chances of hitting the 200-day SMA or 24,050 would increase'. 'For Bank Nifty, 55,800 would be the immediate breakout level and above this, it could move up to 56,100–56,500,' he added. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions. First Published: 5 May 2025, 07:01 AM IST
Time of India
26-04-2025
- Business
- Time of India
Madhusudan Kela bites this crunchy pick in Mar quarter, adds 2 more smallcaps to his Rs 3,500 cr portfolio
Ace investor Madhusudan Kela added three new smallcap stocks in his portfolio in the quarter ended March 31, 2025 viz. Windsor Machines , SG Finserve and Prataap Snacks while raising stakes in Kopran . Kela, who has a portfolio worth over Rs 3,500 crore according to data available on Trendlyne, holds 17 stocks as per the latest shareholding data compiled by it. Windsor Machines The injection moulding machine manufacturer has a market capitalisation of Rs 2,388 crore on the BSE . Kela bought 7.71% stake in the company. The stock is down 17% in 2025 so far but has had a stellar journey over the past one year, delivering multibagger returns of 248%. SG Finserve SG Finserve is a tech-enabled non-banking finance company (NBFC). The stock has fallen over 1% this year while declining 7% on the 1-year basis. He bought a 1.70% stake in the company. Live Events Prataap Snacks Kela bought 4.61% stake in the Prataap Snacks counter. The market capitalisation on the BSE stands at Rs 2,918.41 crore. Shares of Prataap Snacks have risen 8% so far this year while rallying 35% over a 1 year period. Kopran Kela increased his holding by 42 bps in Kopran, bringing his stake to 1.46% in the March ended quarter from 1.04% at the end of the December quarter. Kopran is an integrated pharmaceutical company based out of Mumbai. The company is a manufacturer and supplier of formulations and Active Pharmaceutical Ingredients (API), worldwide. Kopran's manufacturing facilities and products have accreditations in all the continents, the company website claims. The stock has been on a losing side falling by 11% and 25% on a year-to-date and one-year basis. Kela also has stakes in other stocks like Nazara Technologies , Samhi Hotels , Rashi Peripherals , Unicommerce eSolutions and Waaree Energies . Also Read: Dolly Khanna portfolio: Ace investor adds 2 new smallcaps in March quarter, raises stake in Som Distilleries, 6 others ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
