*Prataap Snacks Ltd.* | *CMP* Rs. 713 | *M Cap* Rs. 1673 Cr | *52 W H/L* 827/485
(Nirmal Bang Retail Research)
*Result is above expectations*
Revenue from Operations came at Rs. 370.6 Cr (32.5% QoQ, 13.4% YoY) vs expectation of Rs. 355.2 Cr, QoQ Rs. 279.6 Cr, YoY Rs. 326.7 Cr
EBIDTA came at Rs. 24.2 Cr (118.2% QoQ, 3.5% YoY) vs expectation of Rs. 10.4 Cr, QoQ Rs. 11.1 Cr, YoY Rs. 23.3 Cr
EBITDA Margin came at 6.5% vs expectation of 2.9%, QoQ 4%, YoY 7.1%
Adj. PAT came at Rs. 14.7 Cr vs expectation of Rs. -1 Cr, QoQ Rs. -1.6 Cr, YoY Rs. 8.4 Cr
Quarter EPS is Rs. 6.3
Share is trading at P/E of 28.9x FY23E EPS