Prataap Snacks slips into Rs 2.75 cr loss as depreciation wipes out operating profit
Consolidated operating margin was 2.37%, well below the 12.47% median among 29 FMCG peers that have reported.
Filed 30 Oct 2026, 19:55 IST · after market close · Prataap Snacks Ltd (DIAMONDYD)
Key takeaways
- Prataap Snacks reported a consolidated net loss of Rs 2.75 cr in Q2FY27 as depreciation of Rs 16.53 cr exceeded operating profit of Rs 12.89 cr.
- Operating margin was 2.37%, 10.1 percentage points below the median of 29 FMCG peers that have reported the quarter.
- Interest of Rs 1.23 cr and depreciation charges outweighed other income of Rs 1.12 cr, resulting in a pre-tax loss of Rs 3.76 cr.
Price around the results
Depreciation pushed the company into a loss
Prataap Snacks reported consolidated operating profit of Rs 12.89 cr, but depreciation of Rs 16.53 cr and interest of Rs 1.23 cr pushed profit before tax to a loss of Rs 3.76 cr. Other income of Rs 1.12 cr was not enough to offset these charges. A tax benefit of Rs 1.01 cr reduced the reported net loss to Rs 2.75 cr.
Cost load left margins well below FMCG peers
Expenses of Rs 531.05 cr absorbed most of revenue of Rs 543.93 cr, leaving operating margin at 2.37%. That was 10.1 percentage points below the 12.47% median operating margin of 29 FMCG peers that have reported the quarter. The result therefore reflects both a thin operating surplus and a sizeable depreciation burden below operating profit.
Results were filed after market close
The company filed its consolidated Q2FY27 results after market close on 30 October 2026. There is no post-result stock reaction or reaction history to assess yet.
Q2FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 |
|---|---|
| Revenue | ₹544 cr |
| Other income | ₹1 cr |
| Expenses | ₹531 cr |
| Operating profit | ₹13 cr |
| Operating margin (%) | 2.37% |
| Interest | ₹1 cr |
| Depreciation | ₹17 cr |
| Profit before tax | ₹-4 cr |
| Tax | ₹-1 cr |
| Net profit | ₹-3 cr |
| EPS (₹) | ₹-1.15 |
Operating margin of 2.37% compares with a Fast Moving Consumer Goods sector median of 12.47% across 29 peers that have reported Q2FY27.
What to watch
- Whether operating profit moves above depreciation of Rs 16.53 cr.
- Whether operating margin improves from 2.37%.
- Whether pre-tax profit moves above the current loss of Rs 3.76 cr.