DIAMONDYD

Performance Highlights - Q2 FY27 revenue crossed the ₹500 Cr milestone to reach ₹541 Cr, growing 26% YoY. - EBITDA stood at ₹12.9 Cr (2.4% margin) with gross margin at 25.5%, pressured by sharp inflation in palm oil, potatoes, and packaging laminates. Capex & Manufacturing Consolidation - Acquired RLOP Foods (holding leasehold rights to 50 acres near Indore) to establish an integrated automated facility. - Total project capex estimated at ~₹421-422 Cr, funded via internal accruals and ~₹250 Cr term loan, which will be prepaid by monetizing existing Indore land valued at ₹250-300 Cr. - Plant completion targeted within 15-18 months (by January 2028). Growth Drivers - Namkeen contribution rose to ~25% of total revenue; broad-based traction seen across potato chips and extruded snacks. - Expanding category reach across existing 2.5 million outlets, with potato chips and namkeen reach targeted to increase to 75% over 3-4 years. - Quick commerce contribution targeted to expand from 1.2-1.5% to ~5% in 3 years. Management Guidance & Outlook - Guided for strong double-digit revenue growth for FY27. - Targetting sustainable 9%-10% EBITDA margins over the medium term (2-3 years) through 500-600 bps savings across manufacturing consolidation, channel rationalization, and logistics optimization.

- Audio recording of the Investor Call held on November 3, 2026, regarding Unaudited Financial Results for Q2 and H1 ended September 30, 2026, has been made available on the Company's website.

- Prataap Snacks Limited submitted its Investor Presentation for the quarter and half year ended September 30, 2026. - The presentation highlights the company's market position, diverse product portfolio, pan-India manufacturing footprint, and governance structure.

- Q2 FY27 revenue rose 25.9% YoY to ₹540.95 Cr, surpassing the ₹500 Cr quarterly milestone. - Operating EBITDA declined to ₹12.90 Cr from ₹22.90 Cr in Q2 FY26 due to elevated raw material costs. - PSL reported a net loss of ₹2.50 Cr compared to a PAT of ₹4.64 Cr YoY. - Management guided strong double-digit revenue growth in FY27.

- Prataap Snacks Limited has approved the allotment of 2,337 equity shares of face value ₹5 each under the Prataap Employees Stock Appreciation Rights Plan 2018 (ESARP 2018). - Post-allotment, the paid-up share capital of the company stands increased to ₹11,96,61,460 divided into 2,39,32,292 equity shares.

- Appointed Mr. Jitendra Nayyar as Non-Executive Independent Director for 3 years effective October 30, 2026. - Appointed Mr. Sumit Sharma as Additional Executive Director for 3 years effective October 30, 2026, alongside his current role as CFO.

- Prataap Snacks Limited appointed Mr. Jitendra Nayyar as an Additional Non-Executive Independent Director for a 3-year term effective October 30, 2026. - Mr. Sumit Sharma, currently the CFO, has been appointed as an Additional Executive Director for a 3-year term effective October 30, 2026.

- Board approved unaudited standalone and consolidated financial results for Q2/H1 ended September 30, 2026. - Appointed Jitendra Nayyar as Additional Non-Executive Independent Director for a 3-year term. - Appointed Sumit Sharma (CFO) as Additional Executive Director for a 3-year term. - Approved allotment of 2,337 equity shares under ESARP 2018.

Concall Schedule Concall Date: November 3, 2026 Concall Time: 2:00 PM IST

- Prataap Snacks Limited received No-Objection Letters from BSE and NSE on October 22, 2026, for the re-classification of certain promoter group members from 'Promoter' to 'Public'. - The re-classification involves 6 individuals, including Arvind Mehta, Naveen Mehta, Arun Kumar Mehta, Rita Mehta, Kanta Mehta, and Rajesh Kumar Mehta.

- Trading window for dealing in company securities will close from October 1, 2026. - Closure applies to all designated persons and their immediate relatives. - Reopens 48 hours after the declaration of financial results for the quarter and half-year ended September 30, 2026.

- Concall Schedule - Concall Date: September 28, 2026 - Concall Time: 3:00 PM onwards - Conference Name: Bharat Connect 2026 – Rising Stars Conference, hosted by Arihant Capital Markets Ltd. - Interaction Type: Virtual

- The 17th Annual General Meeting (AGM) of Prataap Snacks Limited will be held on Thursday, September 24, 2026, at 3:30 P.M. via Video Conferencing. - The Record Date for determining the entitlement of members to receive the dividend for FY 2025-26 is fixed as Friday, September 18, 2026. - The dividend, if declared at the AGM, shall be paid/dispatched on or before Thursday, October 22, 2026.

- Prataap Snacks Limited completed the acquisition of 100% equity of RLOP Food Processing Private Limited on August 28, 2026, for ₹15.45 Crore. - The acquired entity, with no prior operations, will be utilized for the company's proposed Greenfield manufacturing project.

- Prataap Snacks Limited acquired 99.95% equity share capital of RLOP Food Processing Private Limited on August 25, 2026. - The Target Company has become a subsidiary, and the company is in the process of acquiring the remaining 0.05% to make it wholly-owned.

- Prataap Snacks Limited has executed a Share Purchase Agreement for the acquisition of 100% of the equity share capital of RLOP Food Processing Private Limited. - The agreement was executed on August 19, 2026, following the proposed acquisition announced on August 01, 2026.

- Investor Meet Schedule - Meet Date: August 14, 2026 - Conference: Emkay Confluence 2026 - India: Full Throttle Ahead - Type of Interaction: Physical - No Unpublished Price Sensitive Information (UPSI) will be shared.

- Mr. Chetan Kumar Mathur ceased to be an Independent Director of Prataap Snacks Limited effective August 6, 2026, upon completion of his second tenure. - The Board expressed gratitude for his contributions.

- Company submitted applications to BSE and NSE for reclassification of certain promoters to the 'Public' category. - This action is in accordance with Regulation 31A of SEBI (LODR) Regulations, 2015.

- Due to the resignation of Mr. Arvind Mehta as Chairman and Mr. Apoorva Kumat's designation as Chairman, the Board reconstituted its committees on August 1, 2026. - The reconstituted committees include Audit, Nomination & Remuneration, Stakeholders Relationship, Risk Management, and CSR.

- Prataap Snacks Limited's Nomination and Remuneration Committee granted 50,906 Employee Stock Appreciation Rights (ESARs) on August 01, 2026, under the ESARP 2018 to eligible employees. - These ESARs were granted at a price of Rs. 1,159.00 per ESAR, leading to a diluted EPS impact of Rs. 1.03. - The exercise period for certain previous ESAR grants under the same plan was also extended by two years.

- Income from operations ₹490.43Cr vs ₹408.69Cr (▲20% YoY) - Operating EBITDA ₹19.04Cr vs ₹18.01Cr (▲6% YoY) - PAT ₹2.47Cr vs ₹0.69Cr (▲258% YoY) - EBITDA Margin 3.88% vs 4.40% (▼52bps)

- Consolidated Revenue ₹492.50 Cr vs ₹410.00 Cr (▲20.12% YoY) - EBITDA ₹19.04 Cr vs ₹18.01 Cr (▲5.74% YoY) - PAT ₹2.47 Cr vs ₹0.69 Cr (▲257.57% YoY) - EBITDA Margin 3.87% vs 4.39% (▼52 bps) - Board approved reclassification of Mr. Arvind Mehta, Mr. Naveen Mehta, and Mrs. Rita Mehta from Promoter to Public category. - Mr. Arvind Kumar Mehta resigned as Chairman and Executive Director w.e.f July 31, 2026. - Approved acquisition of 100% share capital of RLOP Food Processing Private Limited for up to ₹16.50 Crores. - Approved re-appointment of Mr. Amit Kumat as MD & CEO and Mr. Apoorva Kumat as Executive Director for 5 years.

- Prataap Snacks allotted 19,428 equity shares of face value Rs. 5/- each to eligible employees on August 01, 2026, upon exercise of Stock Appreciation Rights (ESARs) under ESARP 2018. - Post-allotment, the paid-up share capital increased to Rs. 11,96,49,775/-.

- Board of Directors approved the re-appointment of BSR & Co. LLP as Statutory Auditors for a second term of five consecutive years, effective from the conclusion of the ensuing Annual General Meeting, subject to shareholder approval.

- Consolidated Revenue ₹492.50Cr vs ₹410.00Cr (▲20.12% YoY) - EBITDA ₹19.04Cr vs ₹18.01Cr (▲5.72% YoY) - PAT ₹2.47Cr vs ₹0.69Cr (▲257.97% YoY) - EBITDA Margin 3.87% vs 4.39% (▼52bps) - Board approved reclassification of key promoters to public category; Mr. Arvind Mehta, Chairman & Executive Director, also resigned. - Approved 100% acquisition of RLOP Food Processing Private Limited for up to ₹16.50 Cr. - Re-appointed Mr. Amit Kumat as MD & CEO and Mr. Apoorva Kumat as Executive Director; granted employee stock appreciation rights.

- Consolidated Revenue ₹49,043.33 lakhs vs ₹40,894.18 lakhs (▲19.92% YoY) - EBITDA ₹1,904.20 lakhs vs ₹1,800.88 lakhs (▲5.74% YoY) - PAT ₹247.19 lakhs vs ₹69.13 lakhs (▲257.57% YoY) - EBITDA Margin 3.88% vs 4.40% (▼52bps) - Mr. Arvind Kumar Mehta has resigned from the position of Chairman and Executive Director effective July 31, 2026. - Board approved the reclassification of certain promoters to the public category. - Approved the acquisition of 100% share capital of RLOP Food Processing Private Limited for up to ₹16.50 Crores for a Greenfield manufacturing project. - Re-appointed Mr. Amit Kumat as MD & CEO and Mr. Apoorva Kumat as Executive Director for 5 years each. - Allotted 19,428 equity shares and granted 50,906 Employee Stock Appreciation Rights (ESARs).

- Prataap Snacks Limited received requests from Mr. Arvind Mehta, Mr. Naveen Mehta, and Mrs. Rita Mehta for reclassification of their 5,11,136 shares (approx. 2.14% of paid-up capital) from 'Promoter' to 'Public' category.

- Mr. Arvind Kumar Mehta resigned as Chairman and Executive Director of Prataap Snacks Limited, effective July 31, 2026, citing personal reasons. - He will also cease to be a member of the Nomination and Remuneration, Stakeholders' Relationship, and Corporate Social Responsibility Committees.

- Prataap Snacks Limited received credit ratings from ICRA Limited on July 08, 2026. - Long-term ratings of [ICRA]A+ for Fund based Cash Credit (₹50 Cr) and Long-term Unallocated (₹50 Cr) were reaffirmed. - The outlook for both ratings was revised to 'Negative' from 'Stable'.

- Intimation of closure of trading window for Prataap Snacks Limited. - The trading window will remain closed from July 1, 2026, until 48 hours after the declaration of financial results for the quarter ended June 30, 2026. - This is applicable to designated persons to prevent insider trading.