Prataap Snacks Q1 FY27: standalone PAT jumps 258% YoY to ₹2.47 Cr, revenue up 19.8%
PAT +257.6% YoY · revenue +19.8% · margins expanding
₹492.5 Cr
+19.8% YoY
₹2.47 Cr
+257.6% YoY
0.5%
+0.3pp YoY
₹1.03
Prataap Snacks' standalone revenue from operations rose 19.8% YoY to ₹492.50 Cr (₹411.00 Cr in Q1 FY26) and 17.2% QoQ (₹420.18 Cr in Q4 FY26), the fastest YoY topline growth the company has posted in recent quarters. Standalone PAT came in at ₹2.47 Cr, up from ₹0.69 Cr a year ago and ₹1.14 Cr the prior quarter, with basic EPS at ₹1.03 versus ₹0.29 and ₹0.48 respectively. There were no exceptional items in the current or comparison quarters, so these are clean, unadjusted comparisons — though the base itself is thin: this remains a sub-1% net-margin business.
Q1 FY-2027 vs prior quarters
The margin picture is mixed rather than uniformly positive. Net profit margin expanded to 0.50% from 0.17% YoY and 0.27% QoQ, but the operating (EBITDA) margin actually compressed to roughly 3.87% from 4.38% a year ago and 4.90% last quarter, as cost of materials consumed rose to about 72% of revenue from roughly 70% — raw-material inflation eating into gross profitability. The bottom-line improvement was driven from below the operating line: finance costs fell to ₹0.99 Cr from ₹2.24 Cr YoY (-56%) and depreciation eased slightly to ₹16.33 Cr from ₹17.15 Cr, more than offsetting the operating-margin squeeze.
The stock went into the print at ₹1,159.8, down 2.7% over the past month of trading.
For context: revenue is at a 6-quarter high.
No formal management guidance or prior concall commentary exists in our records for this name; a web search found no numeric consensus estimate either, but a pre-result preview (Univest, Q1 FY27 results preview) flagged exactly this dynamic — rural demand recovery and price hikes supporting revenue, with raw-material cost inflation pressuring gross margin — both of which played out as flagged, so the print is directionally in line with the Street's framing even without a hard number to beat or miss. Separately, CEO Amit Kumat has publicly guided to double-digit revenue growth for FY27; the 19.8% YoY print in Q1 is consistent with that trajectory.
W1
Whether net margin (0.50% this quarter) holds up if raw-material cost pressure persists — cost of materials was ~72% of revenue this quarter vs ~70% a year ago
W2
Completion of the RLOP Food Processing acquisition (targeted by Sept 15, 2026, up to ₹16.5 Cr) and progress on the greenfield project it is meant to enable
W3
Shareholder approval and resolution of the Mehta-family promoter reclassification alongside Authum Investment's ~46.1% stake
Only a standalone statement is filed (no consolidated section); no exceptional items this quarter so no raw/adjusted split needed; PAT growth % is off a very low rupee base (₹0.69–1.14 Cr), so the headline percentage moves look larger than the absolute money involved; EBITDA-level (OPM) margin compressed on raw-material inflation even as net margin expanded on lower finance costs.