Whalesbook
Prataap Snacks Ltd has announced its audited financial results for fiscal year 2026 (FY26), reporting a net profit of ₹9.72 crore. This marks a significant recovery, reversing the net loss of ₹34.27 crore incurred in the previous fiscal year (FY25). The company faced challenges in FY25, including inflationary pressures, weak consumer demand, and rising raw material costs.
The Board of Directors, meeting on April 27, 2026, approved the FY26 financial results. Consolidated total income for the year stood at ₹1,733.07 crore. The Board also recommended a final dividend of ₹0.50 per equity share (representing 10% of its face value of ₹5.00), subject to shareholder approval. Additionally, the company approved the allotment of 6,981 equity shares under its ESARP 2018 plan.
Looking ahead, Prataap Snacks is managing an Income Tax demand of ₹15.36 crore for Assessment Year 2024-25, including interest, for which an appeal is planned. Continued volatility in input costs, such as potatoes, and broader consumer demand for snacks remain key factors influencing future profitability.
Prataap Snacks competes in the Indian snack market against major players like Britannia Industries, Bikaji Foods International, and ITC Limited. While the company has demonstrated a profit recovery, larger, more diversified competitors often navigate cost pressures with greater resilience due to their scale.
Shareholders will consider the proposed ₹0.50 per share final dividend. The company's performance will be closely watched for its ability to sustain profit recovery and manage operational challenges.