₹1,082: That's What Analysts Think Prataap Snacks Limited (NSE:DIAMONDYD) Is Worth After Its Latest Results
Last week saw the newest annual earnings release from Prataap Snacks Limited (NSE:DIAMONDYD), an important milestone in the company's journey to build a stronger business. Prataap Snacks reported in line with analyst predictions, delivering revenues of ₹16b and statutory earnings per share of ₹22.22, suggesting the business is executing well and in line with its plan. Earnings are an important time for investors, as they can track a company's performance, look at what the analyst is forecasting for next year, and see if there's been a change in sentiment towards the company. So we gathered the latest post-earnings forecasts to see what estimate suggests is in store for next year.
See our latest analysis for Prataap Snacks
Taking into account the latest results, the most recent consensus for Prataap Snacks from sole analyst is for revenues of ₹17.8b in 2025. If met, it would imply a notable 9.5% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to bounce 42% to ₹31.62. Before this earnings report, the analyst had been forecasting revenues of ₹19.0b and earnings per share (EPS) of ₹32.00 in 2025. The consensus seems maybe a little more pessimistic, trimming their revenue forecasts after the latest results even though there was no change to its EPS estimates.
The average price target was reduced 7.3% to ₹1,082, with the lower revenue forecasts indicating negative sentiment towards Prataap Snacks, even though earnings forecasts were unchanged.
Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. The analyst is definitely expecting Prataap Snacks' growth to accelerate, with the forecast 9.5% annualised growth to the end of 2025 ranking favourably alongside historical growth of 6.9% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 10% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that Prataap Snacks is expected to grow at about the same rate as the wider industry.
The Bottom Line
The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analyst holding their earnings forecasts steady, in line with previous estimates. Sadly, they also downgraded their revenue forecasts, but the business is still expected to grow at roughly the same rate as the industry itself. Still, earnings are more important to the intrinsic value of the business. The consensus price target fell measurably, with the analyst seemingly not reassured by the latest results, leading to a lower estimate of Prataap Snacks' future valuation.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At least one analyst has provided forecasts out to 2026, which can be seen for free on our platform here.
Another thing to consider is whether management and directors have been buying or selling stock recently. We provide an overview of all open market stock trades for the last twelve months on our platform, here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NSEI:DIAMONDYD
Prataap Snacks
Engages in the manufacture and sale of packaged snacks in India and internationally.
Excellent balance sheet with reasonable growth potential.