Prataap Snacks Reports Q1 FY27 Net Profit Surge of 257.6% YoY to ₹2.47 Crore; Operational Revenue Up 19.9% to ₹492.50 Crore

Snack food giant Prataap Snacks Limited (BSE: 540724 | NSE: DIAMONDYD), manufacturers of the popular 'Yellow Diamond' brand of chips and namkeen, has reported its unaudited standalone financial results for the first quarter ended June 30, 2026 (Q1 FY27).

The company registered strong year-on-year (YoY) and sequential (QoQ) top-line expansion, alongside a multi-fold increase in net profitability driven by solid operational demand and revenue growth.

Operational Revenue & Total Income Expansion

Prataap Snacks delivered top-line growth across both sequential and year-on-year comparisons during Q1 FY27:

Sales / Income from Operations: Reached ₹49,043.33 lakh (or ₹490.43 crore), up 19.93% YoY from ₹40,894.18 lakh in Q1 FY26. Sequentially, operational sales grew 17.31% QoQ compared to ₹41,806.24 lakh reported in Q4 FY26.

Other Operating Income: Stood at ₹206.65 lakh, against ₹205.89 lakh in Q1 FY26 and ₹212.18 lakh in Q4 FY26. Total Revenue from Operations reached ₹49,249.98 lakh (or ₹492.50 crore).

Other Income: Contributed ₹163.39 lakh during the quarter, compared to ₹241.64 lakh in Q1 FY26 and ₹134.06 lakh in Q4 FY26.

Total Income: Reached ₹49,413.37 lakh (or ₹494.13 crore), expanding 19.52% YoY relative to ₹41,341.71 lakh in Q1 FY26 and 17.23% QoQ against ₹42,152.48 lakh in Q4 FY26.

Operating Expenditure Breakdown

Total expenses for Q1 FY27 stood at ₹49,077.76 lakh, up from ₹41,237.60 lakh in Q1 FY26 and ₹41,771.38 lakh in Q4 FY26. Key cost drivers included:

Cost of Materials Consumed: Reached ₹35,444.86 lakh, compared to ₹28,867.35 lakh in Q1 FY26 and ₹28,836.42 lakh in Q4 FY26.

Purchases of Stock-in-Trade: Stood at ₹1,004.43 lakh, relative to ₹212.61 lakh in Q1 FY26 and ₹276.48 lakh in Q4 FY26.

Changes in Inventories: Recorded an adjustment of ₹(593.67) lakh, versus ₹276.10 lakh in Q1 FY26 and ₹869.86 lakh in Q4 FY26.

Employee Benefits Expense: Increased to ₹2,214.34 lakh, up from ₹1,911.38 lakh in Q1 FY26 and ₹2,202.16 lakh in Q4 FY26.

Finance Costs: Reduced significantly to ₹99.05 lakh, down 55.75% YoY from ₹223.84 lakh in Q1 FY26 and ₹124.27 lakh in Q4 FY26.

Depreciation & Amortization: Stood at ₹1,632.93 lakh, compared to ₹1,714.57 lakh in Q1 FY26 and ₹1,687.78 lakh in Q4 FY26.

Impairment Losses on Financial Assets: Stood at ₹124.19 lakh, against ₹37.64 lakh in Q1 FY26 and ₹86.04 lakh in Q4 FY26.

Other Expenses: Totaled ₹9,151.63 lakh, compared to ₹7,994.11 lakh in Q1 FY26 and ₹7,688.37 lakh in Q4 FY26.

Profitability & Comprehensive Earnings Gains

Operating leverage and lower finance costs propelled net earnings for the quarter:

Profit Before Tax (PBT): Climbed 222.36% YoY to ₹335.61 lakh in Q1 FY27, up from ₹104.11 lakh reported in Q1 FY26. Sequentially, PBT stood at ₹381.10 lakh in Q4 FY26.

Tax Expense: Total tax expenses for the quarter stood at ₹88.42 lakh (comprising current tax of ₹16.53 lakh and deferred tax of ₹71.89 lakh), compared to ₹34.98 lakh in Q1 FY26 and ₹267.39 lakh in Q4 FY26.

Net Profit (PAT): Surged 257.57% YoY to ₹247.19 lakh (or ₹2.47 crore), compared to ₹69.13 lakh in Q1 FY26. Sequentially, net profit expanded 117.39% QoQ relative to ₹113.71 lakh in Q4 FY26.

Total Comprehensive Income: Stood at ₹250.47 lakh for Q1 FY27 (inclusive of OCI net of tax of ₹3.28 lakh), against ₹65.77 lakh in Q1 FY26 and ₹144.48 lakh in Q4 FY26.

Earnings Per Share (EPS): Basic and diluted EPS for the quarter jumped to ₹1.03 per share (face value ₹5/- each), compared to ₹0.29 in Q1 FY26 and ₹0.48 in Q4 FY26.

Balance Sheet & Capital Structure

Paid-Up Equity Share Capital: Remained stable at ₹1,195.52 lakh, comprising equity shares with a face value of ₹5/- each.

Other Equity: Stood at ₹68,772.87 lakh (or ₹687.73 crore) as per the audited balance sheet for the previous year ended March 31, 2026.

Commenting on the Q1 FY27 performance, Mr. Amit Kumat - MD, Prataap Snacks Limited said. "We are pleased to report a strong start to FY27, as we have delivered revenue growth of 20% yoy in Q1. Income from operations of Rs. 490 crore is the highest-ever quarterly number in our history, setting a new benchmark of performance and demonstrating the strength of our strategy, execution and consumer trust.

The quarter marks a return to our long-term growth trajectory and reflects the cumulative impact of the multiple strategic initiatives undertaken recently. Growth was broad-based, driven by improving consumption trends across our key markets, encouraging consumer response to recently launched products, continued momentum in our Namkeen and potato chips portfolio, deeper distribution expansion and growing traction across emerging channels, particularly quick commerce. These multiple growth levers are now translating into tangible and sustainable business outcomes.

We continue to strengthen our execution capabilities through technology-led initiatives, including Sales Force Automation and other digital interventions, which are enhancing productivity, improving market responsiveness and enabling sharper execution across our distribution network. We are also encouraged by the positive response to the pipeline of new products across our portfolio, while our quick commerce strategy continues to progress well through wider platform presence, expanding product assortment and improving consumer traction. We believe companies with strong brands, extensive distribution reach and disciplined execution are increasingly well positioned to benefit from the continued formalisation of the snacks industry and the evolution of consumer purchasing channels.

The ongoing Iran-USA War has caused significant inflationary pressures across key inputs, particularly palm oil and packaging laminate which have risen by around 20% YoY. In addition to core inputs, we witnessed higher freight and packaging costs. Through calibrated price and grammage interventions, disciplined cost optimisation, productivity improvements and continued operational efficiencies, we were able to substantially mitigate the impact of input cost inflation and protect our margins.

A major development this quarter has been the Board's Approval of the acquisition of RLOP Food Processing Pvt. Ltd. which will enable us to secure long-term leasehold rights over the land identified for our proposed manufacturing facility. Securing the land parcel means that we can now accelerate execution of our plans for a modernized and upgraded plant which will further strengthen our long-term growth platform and enrich our margin profile.

The demand environment continues to improve, our growth initiatives are gaining momentum and our execution capabilities are stronger than ever. We remain confident of delivering doubledigit revenue growth during FY27 while maintaining healthy margin levels through continued innovation, deeper market penetration, disciplined execution and sustained focus on operational excellence."

Shares of Prataap Snacks Limited was last trading in BSE at Rs. 1157.00 as compared to the previous close of Rs. 1124.25. The total number of shares traded during the day was 354 in over 64 trades.

The stock hit an intraday high of Rs. 1168.00 and intraday low of 1120.50. The net turnover during the day was Rs. 409335.00.

Source : Equity Bulls

Keywords

PrataapSnacks INE393P01035 PackagedFoods Q1FY27 Q1FY2027 ResultUpdate