Prataap Snacks Limited

rs,

bol: DIAMONDYD Date: May 6, 2025 To, Corporate Relationship Department BSE Limited P.J. Towers, Dalal Street, Mumbai - 400 001 Security Code: 540724 Security ID: DIAMONDYD Subject: Investor

INR 508

umstances. THE MAIN INGREDIENTS: Company Overview COMPANY AT A GLANCE Large, compounding market INR 508 Bn market Growing at 14% CAGR(1) Market leadership Market Leader in Rings and Extruded Snacks, To

14%

ENTS: Company Overview COMPANY AT A GLANCE Large, compounding market INR 508 Bn market Growing at 14% CAGR(1) Market leadership Market Leader in Rings and Extruded Snacks, Top 5 in Western Savoury S

12%

estern Savoury Snacks Significant revenue scale FY25 Revenue of INR ~ 17 Bn 10-year revenue CAGR: 12%(2) Diverse product portfolio Over 150 SKUs across Potato Chips, Extruded Snacks, Namkeen and Swe

Rs. 620

truded Snacks and Rajkot - 2 Gujarat for Namkeen Snacks 2011 Sequoia’s initial investment of Rs. 620 mn Prataap Snacks Launched Rings, Namkeen and Wheels 2014 Commissioned Guwahati plant for Ring

47x

2005 Set up a plant to manufacture Potato Chips in Indore 2017 Successful IPO – oversubscribed 47x; listed on NSE & BSE on Oct 5, 2017 2019 Commenced 3P manufacturing at Hisar Expanded range i

47%

raphical expansion / Facility Addition 2025 Peak XV Partners (formerly Sequoia Capital) sold its 47% stake in Prataap Snacks to Authum Investment & Infrastructure and Ms. Mahi Madhusudan Kela The

Rs. 549

COMPANY EVOLUTION 2003 Single Product Potato Chips Single Market Mumbai Single Facility Indore Rs. 549 Cr 60+ 4 Facilities Product Presence Facility 2025 Diverse Product Portfolio Pan-India Prese

Rs. 1,707

e 16 Facilities 7 Owned and 9 3P Facilities Snapshot of Recent Growth Revenue SKUs Facilities Rs. 1,707 Cr 150+ 16 Facilities 10 yr Revenue CAGR – 12% despite Covid impact 2025 6 2015 DIVERSE PRODU

56%

UCT PORTFOLIO Appealing to consumers and trade partners CATEGORIES % of FY25 Revenue PRODUCTS 56% 21% 18% 5% Extruded Snacks Potato Chips Namkeen Others Chulbule Rings Wheels Pipe Kator

21%

ORTFOLIO Appealing to consumers and trade partners CATEGORIES % of FY25 Revenue PRODUCTS 56% 21% 18% 5% Extruded Snacks Potato Chips Namkeen Others Chulbule Rings Wheels Pipe Katori Pu

18%

LIO Appealing to consumers and trade partners CATEGORIES % of FY25 Revenue PRODUCTS 56% 21% 18% 5% Extruded Snacks Potato Chips Namkeen Others Chulbule Rings Wheels Pipe Katori Puff S

“Company Overview COMPANY AT A GLANCE Large, compounding market INR 508 Bn market Growing at 14% CAGR(1) Market leadership Market Leader in Rings and Extruded Snacks, Top 5 in Western Savoury Snacks Significant revenue scale FY25 Revenue of INR ~ 17 Bn 10-year revenue CAGR: 12%(2) Diverse product portfolio Over 150 SKUs across Potato Chips, Extruded Snacks, Namkeen and Sweet Snacks Source: Nielsen.”

“18 OUR LONG-TERM TARGET OPERATING MODEL CONSISTENT GROWTH PROFITABILITY CENTRIC CAPITAL EFFICIENCY ~15% Revenue growth (faster than industry) >10% EBITDA margin 15–20% RoCE 19”

“Q4 & FY25 Performance Update OPERATIONAL OVERVIEW Revenue growth of 6% YoY for FY25 and 3% YoY in Q4FY25 Witnessed improvement in profitability in Q4FY25 compared to Q3FY25, Board declares Dividend PSL is working on further levers for growth and structural enhancement of margin • • • • • • • • • • Delivered positive topline growth despite challenging market conditions, including persistent inflation and subdued consumer demand, whose impact was more pronounced in the value segment.”

“21 MD & CEO’s Message Commenting on Q4 & FY25 performance, Mr.”

““In FY25, we witnessed sustained inflationary pressures and weak consumption trends which have impacted demand for consumer products.”

“Given this backdrop, we are pleased to report positive revenue growth of 6% YoY for FY25 and 3% YoY in Q4FY25.”

“Looking ahead to FY26, our focus will be to drive sustainable profitable growth through sharper cost control, distribution expansion, and technology-led governance.”

“27 FINANCIALS – Q4 & FY’25 PERFORMANCE EBITDA (INR Mn) PAT (INR Mn) EBITDA 1,410 PAT 531 355 49 487 124 Q4 FY24 Q4 FY25 FY24 FY25 Q4 FY24 Q4 FY25 FY24 -119 -140 FY25 Reported EBITDA of Rs.”

“49.2 Mn in Q4 FY25 • Ongoing cost optimization efforts have • helped to partially offset margin pressures.”

“(119) Mn in Q4 FY25 • Impact on EBITDA due to input costs was further exacerbated by increase in depreciation and interest costs.”

INGREDIENTS

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ESSENTIAL FLAVOURS

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PROOF OF THE PUDDING

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Limited said

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EVOLVING TASTES

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INGREDIENTS

Company Overview COMPANY AT A GLANCE Large, compounding market INR 508 Bn market Growing at 14% CAGR(1) Market leadership Market Leader in Rings and Extruded Snacks, Top 5 in Western Savoury Snacks Significant revenue scale FY25 Revenue of INR ~ 17 Bn 10-year revenue CAGR: 12%(2) Diverse product portfolio Over 150 SKUs across Potato Chips, Extruded Snacks, Namkeen and Sweet Snacks Source: Nielsen. (1): For the period 2018-2024. (2): Revenue CAGR from FY15 to FY25. Nationwide manufacturing & distribution footprint 16 manufacturing facilities; Presence across ~2.5 Mn retail outlets Experienced Leadership Founder-led management team guided by an able Board 4 KEY MILESTONES 2003 Company founded 2012 Doubled the capacity of Potato Chips plant at Indore 2016 Guwahati new plant commissioned 2007 Installed Chulbule plant at Prakash Snacks in Indore 2018 Forayed into Sweet Snacks Entered into 3P Contract Manufacturing at Kolkata -2 and Bengaluru-2 Acquired Avadh Snacks – a leading regional play

ESSENTIAL FLAVOURS

Growth Strategies and Financial Progress STRATEGIC INITIATIVES Executing on a clear roadmap for robust growth with structural improvement in margin TOP LINE GROWTH BOTTOM-LINE & MARGIN EXPANSION Expand Footprint of Namkeen and Pellets Evolving categories offerings greater headroom for growth Implementation of SFA to drive Range Selling Sales force automation to optimise distribution throughput and range selling Entered into Modern Trade, Quick Commerce and Exports Will help to drive volumes of larger/family packs as well as premium products and flavours Focussed Strategy for Command Markets Greater emphasis of sales strategies and efforts in regions where PSL enjoys higher market share Channel Cost Optimization Reducing distribution costs and optimising trade margins Operational Cost Optimisation Deployed multiple initiatives such as process reengineering and debottlenecking to structurally reduce costs Logistics Cost Optimisation Driving efficiencies by optimising loads and routes as

PROOF OF THE PUDDING

Q4 & FY25 Performance Update OPERATIONAL OVERVIEW Revenue growth of 6% YoY for FY25 and 3% YoY in Q4FY25 Witnessed improvement in profitability in Q4FY25 compared to Q3FY25, Board declares Dividend PSL is working on further levers for growth and structural enhancement of margin • • • • • • • • • • Delivered positive topline growth despite challenging market conditions, including persistent inflation and subdued consumer demand, whose impact was more pronounced in the value segment. Key enablers of the topline growth have been initiatives such as further expansion in distribution network, a sharpened focus on core markets and data-driven sales strategies. In addition to witnessing encouraging trends in market share, a key highlight has been that leadership position in extruded snacks remains intact. Topline growth in Q4 would have been slightly higher, but for some lost sales due to the fire at the Jammu facility. The Company has enhanced capacities at other facilities located in North

Limited said

“In FY25, we witnessed sustained inflationary pressures and weak consumption trends which have impacted demand for consumer products. The impact is more visible in the value segment. Given this backdrop, we are pleased to report positive revenue growth of 6% YoY for FY25 and 3% YoY in Q4FY25. Topline growth in Q4 would have been slightly higher, but for some lost sales due to the fire in our Jammu facility. We have enhanced capacities at other facilities located in North India towards end of the quarter. Our sharpened focus on core markets, data-driven sales strategies, and expanded distribution have been key enablers of the topline growth. In addition to witnessing encouraging trends in market share, we are pleased that our leadership in extruded snacks remains intact. During the year, we witnessed a sharp rise in input costs, especially palm oil and potatoes with other inputs also impact, easing witnessing inflationary pressures. Our ongoing cost optimization initiatives delivered me

EVOLVING TASTES

Industry Overview Favourable Demographics Supporting Industry Growth India Population Trend (MIllions) 1,339 1,326 1,368 1,379 1,392 1,405 1,418 1,431 1,444 1,456 1,468 2017 2018 2019 2020 2021 2022 2023 2024 2025E 2026E 2027E Source: Statista April 2022 India GDP Growth (%) 8.3 6.8 6.5 4.0 8.9 7.0 8.2 7.2 Total Organized Snacks Food Market Size ~50,800 Crores Namkeen 44% Potato Chips 23% Extruded Snacks 16% Source: Nielsen Consumer spending in India (Rs. Billion) Bridge (Random Extrusions+Gathiya) 17% 21,662 17,963 14,612 21,217 21,604 17,836 19,483 23,216 FY17 FY18 FY19 FY20 -6.6 FY21 FY22 FY23 FY24 FY25E Jan-20 Jul-20 Oct-20 Jan-21 Mar-21 Jul-21 Dec-21 Jan-22 Source: Live Mint article dated 7th June 2024 Source: Statista, March 2022 31 THANK YOU! Sumit Sharma Prataap Snacks Ltd Email: cfo@yellowdiamond.in Mayank Vaswani / Mit Shah CDR India Tel: +91 98209 40953 / +91 99201 68314 Email: mayank@cdr-india.com / mit@cdr-india.com