Slide 1: Prataap Snacks Limited Q1 FY26 Earnings Presentation
PRATAAP SNACKS LIMITED Q1 FY26 Earnings Presentation 26 July 2025
Slide 2: Contents
Contents Q1 FY26 Company Driving Business Performance Overview Transformation Update 3 13 21 2
Slide 3: Company Overview
Company Overview 3
Slide 4: Company At A Glance
Company At A Glance Nationwide Large, compounding Significant revenue manufacturing & market scale distribution footprint INR 508 Bn market. Growing at FY25 Revenue of INR ~ 17 Bn 16 manufacturing facilities; 14% CAGR(1) 10-year revenue CAGR: 12%(2) Presence across ~2.5 Mn retail outlets Market Dive
Slide 5: Company Evolution
Company Evolution 2003 2025 Product Single Product - Potato Chips Diverse Product Portfolio Presence Single Market – Mumbai Pan-India Presence Facility Single Facility - Indore 16 Facilities - 7 Owned and 9 3P Facilities Snapshot of Recent Growth 2015 2025 Revenue Rs. 549 Cr Rs. 1,707 Cr SKUs 60+ 15
Slide 6: Diverse Product Portfolio
Diverse Product Portfolio Appealing to consumers and trade partners Extruded Snacks Potato Chips Namkeen Others 33% 56% 22% 21% 45% 18% 5% Industry PSL Industry PSL Industry PSL PSL MARKET LEADER IN RINGS AND EXTRUDED SNACKS, TOP 5 IN WESTERN SAVOURY SNACKS 6
Slide 7: Established Manufacturing Network
Established Manufacturing Network Reduced distribution costs; Improved time-to-market; Disciplined investment mindset 16 STRATEGICALLY LOCATED MFG. FACILITIES TO CATER TO THE REGIONAL DEMAND Owned Facility North India 3P Facility (31% of rev.) Nationwide manufacturing footprint 4 plants in Hisar, Ka
Slide 8: Strong 'Value-For-Money' Brand
Strong ‘Value-For-Money’ Brand Appealing to customers across socio-demographic profiles CATEGORIES CHILDREN YOUTH ADULTS/FAMILY Rings, Kurves, Puff, Stix ✓✓ Chulbule ✓✓ ✓✓ Extruded Snacks Pellets ✓✓ ✓✓ Potato Chips ✓✓ ✓✓ ✓✓ Potato Chips Namkeen ✓✓ ✓✓ Namkeen Others ✓✓ ✓✓ ✓✓ Others Targeting value fo
Slide 9: Guided by an Accomplished Board
Guided by an Accomplished Board Chairman & Executive Director Managing Director and CEO Executive Director (Operations) Arvind Mehta Amit Kumat Apoorva Kumat Over 36 years of experience in the real estate Over 29 years of experience in the snacks food Over 29 years of experience in the snacks food s
Slide 10: Robust Revenue Growth
Robust Revenue Growth Growth impacted by sharp inflationary Consistent execution track record pressures which resulted in subdued consumer demand TOTAL REVENUE (INR Mn) COVID 17,077 16,529 16,179 DISRUPTION Avadh 13,938 13,966 Acquisition 1,688 11,706 11,711 10,174 8,940 7,572 5,493 12,250 4,460 FY1
Slide 11: Key Milestones
Key Milestones 2003 - 12 2014 – 19 2020 – 24 2025 Company founded Emerged as market leader in Rings category Emerged as market leader in Extruded Peak XV Partners (formerly Sequoia Capital) in India Snacks category in India sold its 47% stake to Authum Investment & Set up a plant to manufacture Pota
Slide 12: Driving Business Transformation
Driving Business Transformation 12
Slide 13: Driving Business Transformation For Sustained Growth
Driving Business Transformation For Sustained Growth A multi-pronged approach to unlock value, scale efficiently, and future proof operations Revamped Product Portfolio Operational Efficiency & Strategy Margin Focus Region Specific Growth Tech Enabled Execution Playbooks Channel Diversification Stra
Slide 14: Product Portfolio Strategy: Driving Growth Across Categories
Product Portfolio Strategy: Driving Growth Across Categories ANCHOR Products GROWTH Products NEXT Products (Chips, Chulbule, Rings) (Pellets, Namkeen) (Healthy Puffs, Makhanas, Pop Corn) ⚫ Premiumizing ⚫ Value-driven offerings ⚫ ‘Better for you’ positioning ⚫ Flavour led growth ⚫ Regional specific p
Slide 15: Region Specific Growth Playbook
Region Specific Growth Playbook Strategic Market Segmentation to Drive Focused Investment and Scalable Growth Command Expand Maintain Regions Regions Regions ⚫ High-margin region with a strong existing PSL ⚫ Large markets where PSL has gained initial ⚫ Maintain market share while optimizing costs pr
Slide 16: Channel Diversification Strategy
Channel Diversification Strategy Scaling large packs via Q-Commerce, Modern Trade, Exports & Institutions backed by a dedicated team Q-Commerce Channel Exports Modern Trade ⚫ Launched on multiple ⚫ Started distribution in 9 ⚫ Listed in a leading chain and platforms in Q4FY25 countries across Middle
Slide 17: Increasing Operational Efficiency & Margin Focus
Increasing Operational Efficiency & Margin Focus Seeking improvement of 2-3% in EBITDA Margin as outcome of these efforts Cost Enhanced Optimization Visibility of Initiatives Plant Network Margin Realignment ⚫ Optimizing factory and field costs through manpower ⚫ Securing forward contracts for key b
Slide 18: Tech Enabled Execution
Tech Enabled Execution Leveraging technology for smarter, faster, and scalable operations Sales Tech for Implemented leading ERP system organization-wide for real-time data Market Execution visibility and faster decisions in sales, and Channel procurement, production, and inventory Growth Backend P
Slide 19: Strategic Brand Building
Strategic Brand Building Brand seen to be energetic and vibrant Brand Philosophy Brand tagline encapsulates the Consumer oriented focus philosophy of Providing value in multiple ways – great delivering value taste, high quality ingredients, vibrant to the customer packaging, reasonable price Past As
Slide 20: Our Long-term Target Operating Model
Our Long-term Target Operating Model CONSISTENT ~15% GROWTH Revenue growth (faster than industry) PROFITABILITY >10% CENTRIC EBITDA margin CAPITAL 15-20% EFFICIENCY ROCE 20
Slide 21: Q1 FY26 Performance Update
Q1 FY26 Performance Update 21
Slide 22: Operational Overview
Operational Overview Witnessed improvement in PSL is working on further levers for Revenue Growth of 3% QoQ profitability in Q1FY26 compared to growth and structural enhancement of Q4FY25 margin ⚫ Persistent macroeconomic challenges continued to ⚫ After continued pressure on input prices in the prio
Slide 23: Significant Cost Pressures
Significant Cost Pressures Undertaking multiple initiatives to overcome sharp rise in input prices RM/PM Price variance from Q1 FY25 to Q1 FY26 +38% -17% +2% +4% Palm Oil Potato Corn Film ⚫ There has been sharp inflation in Palm Oil prices in Q1 FY26 compared to Q1 FY25 ⚫ While price rise was severe
Slide 24: MD & CEO's Message
MD & CEO’s Message “We are pleased to report a positive start to the financial year with Q1 FY26 revenues of Rs. 4,089.4 Mn., reflecting 3% growth on a sequential quarter basis. On a year-on-year basis, revenues experienced a decline of 2.4%, primarily due to persistent macroeconomic challenges impa
Slide 25: Abridged P&L Statement
Abridged P&L Statement Y-o-Y (INR Mn) Q1 FY’26 Q1 FY’25 Change (%) Sales/Income from operations 4,089.4 4,191.3 -2.4% Other operating Income 20.6 23.1 -10.8% Total Income from Operations 4,110.0 4,214.4 -2.5% Raw Material Cost 2,935.6 2,898.7 1.3% Gross Profit 1,174.4 1,315.7 -10.7% Gross Margins 28
Slide 26: Financials – Q1 FY26 Performance
Financials – Q1 FY26 Performance Income from Operations (INR Mn) Gross Profit (INR Mn) 4,214 Gross Profit Gross margin 4,110 31% 29% 1,316 1,174 Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 Topline de-grew by 3% YoY Gross margin stood at 29% in Q1 FY26 ⚫ Income from operations decreased year-on-year, impacted by
Slide 27: Financials – Q1 FY26 Performance
Financials – Q1 FY26 Performance EBITDA (INR Mn) PAT (INR Mn) EBITDA EBITDA margin 7% 94 300 4% 180 7 Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 Reported EBITDA of Rs. 180 Mn in Q1 FY26 Reported PAT of Rs. 7 Mn in Q1 FY26 ⚫ On a YoY basis, EBITDA margin declined due to a combination of ⚫ Impact on Gross Margin
Slide 28: Financials – Q1 FY26 Performance
Financials – Q1 FY26 Performance Cash Profit (INR Mn) EPS (INR) 270 11.3 178 7.5 Q1 FY25 Q1 FY26 Q1 FY25 Q1 FY26 Reported positive Cash profit in Q1 FY26 Cash EPS remains resilient ⚫ On a YoY basis, Cash Profit is lower in line with trend in Gross ⚫ The Company follows a conservative accounting poli
Slide 29: Disclaimer
DISCLAIMER Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, like regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ ma
Slide 30: Thank You
THANK YOU Sumit Sharma Prataap Snacks Ltd Email: cfo@yellowdiamond.in Mayank Vaswani / Mit Shah CDR India Tel: +91 98209 40953 / +91 99201 68314 Email: mayank@cdr-india.com / mit@cdr-india.com