Prataap Snacks to set up new plant near Indore with Rs 425 cr investment
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On the reaction day the stock moved 3.5 pts less than Nifty Microcap 250 and 1.0 pts less than its Packaged Foods peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Board approved a new greenfield manufacturing plant near Indore, MP with capacity up to 60,000 MTPA, expected commissioning by March 2027. Investment of up to Rs 425 crore, funded via internal accruals and debt. Q3 FY26 revenue stood at Rs 459.25 crore versus Rs 442.69 crore a year ago; net profit of Rs 3.25 crore against a loss of Rs 37.93 crore in Q3 FY25. Nine-month FY26 net profit was Rs 3.58 crore versus a loss last year.
Major 425 cr capex may pressure short-term returns, but supports long-term growth, automation and cost efficiency.