Madhusudan Kela Portfolio: Can This FMCG Stock Challenge Bikaji in India's Rs508 Billion Snack Market?
India, Aug. 2 -- A change in ownership often draws a second look from the market, and that's exactly what happened here. When Peak XV Partners exited its stake, ace investor Madhusudan Kela stepped in alongside Authum Investment & Infrastructure, a move that has put this small-cap snacks maker back on investors' radar just as its numbers started turning around.
With a market capitalization of around Rs2,762 crore, shares of Prataap Snacks Limited were trading near Rs1,155 apiece, within a 52-week range of Rs1,232 to Rs859 and a P/E of approximately 257x.
A Record Year, With Profit Finally Back
Prataap Snacks closed FY26 with its highest-ever annual revenue. Q4 FY26 revenue from operations grew 4.9% YoY to 420 crore, marking the eighth s...
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