Prataap Snacks Limited (NSE:DIAMONDYD) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

Shareholders might have noticed that Prataap Snacks Limited (NSE:DIAMONDYD) filed its quarterly result this time last week. The early response was not positive, with shares down 8.8% to ₹1,035 in the past week. Results were roughly in line with estimates, with revenues of ₹4.4b and statutory earnings per share of ₹22.22. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

View our latest analysis for Prataap Snacks

Taking into account the latest results, the consensus forecast from Prataap Snacks' dual analysts is for revenues of ₹17.0b in 2025. This reflects a reasonable 2.7% improvement in revenue compared to the last 12 months. Per-share earnings are expected to bounce 51% to ₹24.52. In the lead-up to this report, the analysts had been modelling revenues of ₹17.9b and earnings per share (EPS) of ₹29.06 in 2025. From this we can that sentiment has definitely become more bearish after the latest results, leading to lower revenue forecasts and a real cut to earnings per share estimates.

The analysts made no major changes to their price target of ₹1,056, suggesting the downgrades are not expected to have a long-term impact on Prataap Snacks' valuation.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that Prataap Snacks' revenue growth is expected to slow, with the forecast 5.4% annualised growth rate until the end of 2025 being well below the historical 6.7% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 11% annually. Factoring in the forecast slowdown in growth, it seems obvious that Prataap Snacks is also expected to grow slower than other industry participants.

The Bottom Line

The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. On the negative side, they also downgraded their revenue estimates, and forecasts imply they will perform worse than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that in mind, we wouldn't be too quick to come to a conclusion on Prataap Snacks. Long-term earnings power is much more important than next year's profits. At least one analyst has provided forecasts out to 2027, which can be seen for free on our platform here.

However, before you get too enthused, we've discovered 2 warning signs for Prataap Snacks that you should be aware of.

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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.