Prataap Snacks Ltd
PrataapSnacks Limited (PSL) is an Indian snack food company engaged in manufacturing and marketing of multiple product variants like potato chips, extruded snacks and namkeen (traditional Indian snacks) under the Yellow Diamond brand and sweet snacks under the Rich Feast brand.
- Market Cap ₹ 2,528 Cr.
- Current Price ₹ 1,059
- High / Low ₹ 1,450 / 747
- Stock P/E 51.5
- Book Value ₹ 305
- Dividend Yield 0.19 %
- ROCE 10.7 %
- ROE 7.60 %
- Face Value ₹ 5.00
Pros
- Company has been maintaining a healthy dividend payout of 20.5%
Cons
- Stock is trading at 3.44 times its book value
- Company has a low return on equity of 4.70% over last 3 years.
- Promoter holding has decreased over last 3 years: -7.28%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: FMCG Industry: Food - Processing - Indian
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
344 | 446 | 559 | 757 | 894 | 1,011 | 1,092 | 1,226 | 1,010 | 1,397 | 1,653 | 1,618 | 1,652 | |
316 | 425 | 525 | 700 | 851 | 921 | 1,014 | 1,140 | 951 | 1,338 | 1,590 | 1,477 | 1,513 | |
Operating Profit | 28 | 20 | 34 | 57 | 43 | 90 | 78 | 86 | 60 | 58 | 63 | 141 | 138 |
OPM % | 8% | 5% | 6% | 8% | 5% | 9% | 7% | 7% | 6% | 4% | 4% | 9% | 8% |
1 | 1 | 1 | -2 | 4 | 10 | 11 | 9 | 8 | -0 | 8 | 8 | 9 | |
Interest | 4 | 5 | 6 | 6 | 5 | 3 | 1 | 7 | 6 | 7 | 7 | 6 | 6 |
Depreciation | 7 | 12 | 15 | 18 | 25 | 29 | 31 | 49 | 42 | 54 | 62 | 66 | 69 |
Profit before tax | 18 | 5 | 13 | 31 | 16 | 68 | 57 | 38 | 20 | -2 | 2 | 76 | 72 |
Tax % | 16% | -8% | 24% | 1% | -34% | 28% | 21% | 19% | -5% | -217% | -1,245% | 31% | |
15 | 5 | 10 | 30 | 22 | 49 | 45 | 31 | 21 | 3 | 20 | 53 | 49 | |
EPS in Rs | 479.22 | 174.68 | 317.14 | 971.55 | 11.42 | 20.80 | 19.02 | 13.16 | 8.89 | 1.22 | 8.66 | 22.25 | 20.58 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 5% | 5% | 8% | 6% | 41% | 12% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 8% |
3 Years: | 17% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | 26% |
5 Years: | 4% |
3 Years: | 37% |
TTM: | 11% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 4% |
3 Years: | 15% |
1 Year: | 23% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 5% |
3 Years: | 5% |
Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0 | 0 | 0 | 0 | 2 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
Reserves | 145 | 176 | 188 | 219 | 242 | 519 | 550 | 580 | 602 | 612 | 665 | 717 |
43 | 52 | 46 | 56 | 54 | 7 | 18 | 73 | 57 | 80 | 60 | 81 | |
33 | 52 | 65 | 70 | 94 | 131 | 177 | 193 | 164 | 203 | 176 | 202 | |
Total Liabilities | 222 | 280 | 299 | 344 | 392 | 669 | 756 | 858 | 835 | 907 | 912 | 1,012 |
125 | 143 | 158 | 168 | 218 | 226 | 266 | 341 | 307 | 550 | 581 | 653 | |
CWIP | 3 | 5 | 7 | 19 | 2 | 2 | 4 | 7 | 21 | 14 | 15 | 1 |
Investments | 0 | 2 | 10 | 11 | 4 | 34 | 207 | 207 | 207 | 0 | 0 | 0 |
94 | 129 | 125 | 146 | 168 | 407 | 279 | 303 | 301 | 343 | 316 | 358 | |
Total Assets | 222 | 280 | 299 | 344 | 392 | 669 | 756 | 858 | 835 | 907 | 912 | 1,012 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
12 | 13 | 33 | 44 | 48 | 86 | 7 | 67 | 76 | 46 | 80 | 127 | |
-92 | -38 | -29 | -47 | -51 | -231 | -52 | -36 | -73 | -36 | -25 | -107 | |
69 | 29 | -9 | 5 | 6 | 189 | 12 | -28 | -15 | -3 | -52 | -12 | |
Net Cash Flow | -11 | 4 | -5 | 2 | 3 | 45 | -33 | 3 | -13 | 7 | 3 | 8 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 4 | 10 | 9 | 9 | 6 | 7 | 10 | 9 | 9 | 4 | 3 | 2 |
Inventory Days | 64 | 58 | 52 | 48 | 46 | 46 | 54 | 54 | 62 | 51 | 41 | 48 |
Days Payable | 33 | 42 | 45 | 39 | 42 | 51 | 39 | 36 | 43 | 32 | 32 | 39 |
Cash Conversion Cycle | 35 | 26 | 16 | 18 | 10 | 3 | 25 | 27 | 29 | 24 | 13 | 12 |
Working Capital Days | 25 | 8 | 7 | 12 | 4 | 4 | 22 | 24 | 33 | 21 | 17 | 28 |
ROCE % | 15% | 5% | 9% | 16% | 7% | 17% | 10% | 7% | 4% | 3% | 1% | 11% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Open Offer - Updates
4 Oct - Authum Investment to acquire 26.01% shares in Prataap Snacks.
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Announcement under Regulation 30 (LODR)-Open Offer - Updates
4 Oct - Corrigendum to public announcement for open offer.
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Detailed Public Statement
4 Oct - Open offer for acquisition of 26.01% shares in Prataap Snacks.
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Corrigendum to Public Announcement
4 Oct - Corrigendum to open offer announcement for Prataap Snacks.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 1 Oct
Annual reports
Concalls
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Aug 2024TranscriptNotesPPT
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May 2024Transcript PPT
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Feb 2024TranscriptNotesPPT
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Nov 2023Transcript PPT
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Nov 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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Jun 2023Transcript PPT
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Feb 2023TranscriptNotesPPT
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Nov 2022Transcript PPT
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Aug 2022TranscriptNotesPPT
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May 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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Jun 2021Transcript PPT
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Feb 2021TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Aug 2020TranscriptNotesPPT
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Jun 2020TranscriptNotesPPT
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Feb 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Sep 2019TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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May 2019TranscriptNotesPPT
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Aug 2018TranscriptNotesPPT
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Dec 2017TranscriptNotesPPT
Market Leadership[1]
The company is a market leader in Rings and top 5 in Western Savoury Snacks. In Q3FY24, PSL (Yellow Diamond + Avadh brands) emerged as the market leader in the Extruded Snacks category.[2]