Prataap Snacks Reports 5% Sequential Revenue Growth in Q2FY26 Despite YoY Decline
Prataap Snacks Ltd announced Q2 FY2025-26 results with revenue of ₹4,298.00 crore, up 5% QoQ but down 2% YoY. EBITDA increased 20% YoY to ₹229.00 crore. Net profit surged to ₹463.87 crore, a 570.95% increase from Q1. The company faced challenges due to GST transition but saw improved gross margins at 29.80%. Management expects better demand in H2FY26, supported by distribution expansion and growth in various channels. A new automated facility in Indore is planned to enhance margins.

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Prataap Snacks Ltd , a leading Indian snack food company, has announced its unaudited financial results for the quarter and half-year ended September 30, 2025, revealing mixed performance.
Key Financial Highlights
| Metric | Q2 FY2025-26 | Q1 FY2025-26 | QoQ Change | YoY Change |
|---|---|---|---|---|
| Revenue | ₹4,298.00 crore | ₹4,089.00 crore | 5.00% | -2.00% |
| EBITDA | ₹229.00 crore | - | - | 20.00% |
| Net Profit | ₹463.87 crore | ₹69.13 crore | 570.95% | - |
Quarterly Performance
Prataap Snacks reported revenue of ₹4,298.00 crore in Q2FY26, showing a 5.00% quarter-on-quarter growth but a 2.00% year-on-year decline. The company attributed the YoY decline to GST transition impact as channel partners hesitated to purchase inventory with old GST rates.
Despite challenges, EBITDA increased 20.00% YoY to ₹229.00 crore, with margins improving by 100 basis points despite palm oil price inflation of 28.00%. Gross margins improved to 29.80% due to process optimization and grammage rationalization initiatives.
The company's net profit for the quarter reached ₹463.87 crore compared to ₹69.13 crore in the previous quarter, marking a substantial growth of 570.95%.
Half-Year Results
For the half-year period, Prataap Snacks' net profit reached ₹533.00 crore, while the revenue was ₹83,873.38 crore.
Business Performance and Outlook
- Namkeen and pellet categories continued driving growth through wider retail reach.
- The company plans a new automated facility in Indore to reduce overheads and enhance margin profile.
- Management expects improved demand in H2FY26 supported by distribution expansion and growth in quick commerce, modern trade, and export channels.
Other Notable Points
- The company received an insurance claim of ₹77.17 lakh during the quarter related to a fire incident at a co-manufacturing plant in West Bengal.
- Earnings per share for the quarter was ₹1.94 compared to ₹0.29 in the previous quarter.
- The Board meeting was held on November 4, 2025, where the results were reviewed by the Audit Committee and approved by the Board of Directors.
Conclusion
While Prataap Snacks faced challenges with year-on-year revenue decline, the company demonstrated resilience with improved EBITDA and significant growth in net profit. The management's focus on distribution expansion and new facility plans indicate a strategic approach to enhance performance in the coming periods. As the company continues to navigate the competitive snack food market, its ability to maintain this growth trajectory will be crucial for its market position in the Indian snack food industry.
Historical Stock Returns for Prataap Snacks
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.37% | -2.83% | -3.84% | -11.38% | -1.59% | +59.21% |


































