Prataap Snacks expects double digit EBITDA in the next 2-3 quarters: Amit Kumat“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, hav...
Rs 5 pack will stay in India; 90% of Prataap Snacks sales are from Rs 5 pack: Amit Kumat“There was a total of 1,000 bps increase in raw material pricing, out of which, we could mitigate around 8-8.5%. Of that, 4% could be from ...
US-based real estate firm Hines & DNR Group enter into partnership for commercial projectThe proposed asset will be built under development management agreement on an 11.3-acre land parcel located in an established micro-market ...
Prataap Snacks MD expects sales to grow next quarter as schools reopen80% of our sales used to come from Rs 5 packets bought by kids. During Covid, we developed bigger, higher MRP packs in chips and namkeens f...
Slowly, India Inc begins to fire up its enginesAt least eight publicly listed companies have taken steps to restart operations.
Expect a healthy double-digit growth for rest of FY20: Amit Kumat, Prataap SnacksThe rural market is not behaving the way it should have done as we expect some good activities in the rural market from next year, says Ami...
We should be back on track this year with 15% plus growth: Amit Kumat, Prataap SnacksAt 7%, last year probably saw our slowest growth rate, says Pratap Snacks CEO.
We hope to grow 20- 22% in next three-four years: Amit Kumat, Prataap SnacksWe are planning to enter the Gujarat, UP and Punjab markets, says Kumat.
Sequoia Capital backed, Prataap Snacks Ltd to acquire 80% equity stake in Rajkot-based Avadh Snacks Private Ltd for Rs.148 croresPrataap Snacks that sells chips under the brand name of “Yellow Diamond” was founded in 2009 in Indore.
We are looking for 18-20% growth in volume and value: Amit Kumat, Prataap Snacks“We hope to have 7.5% to 8% margin this year. Currently, it is around 6.9%.”
We have changed our strategy, expect recovery in Q4: Amit Kumat, Prataap Snacks“Because of DeMo and GST, the wholesale market has grown really slow and is yet to recover.”
Looking at 18-20% growth for Prataap Snacks in next 3 years: CEO
Prataap Snacks to invest Rs 150-200 crore in next 2-3 years: Amit Kumat“We are working on a few more products so that H2 results are equivalent to H1 results”
Can Indore’s leading food companies make it the snack hub of the country?The city has a centuries-old tradition of food. More than its historical landmarks, it is known for the Ratlami sev, garadu chat and poha t...
Prataap Snacks surges over 5% post Q2 resultsTotal income from operations of the company increased by 10 per cent year-on-year to Rs 263.64 crore.
There is a huge headroom available for organised market to grow, says Prataap Snacks CEOThe pricing of Rs 930/share was decided by the bankers after the road show and meeting with all the investors.
Rs 75 crore to be used for increasing capacity: Amit Kumat, Prataap Snacks“The CAGR growth has been phenomenal at 27.3% for the last five years.”