Prataap Snacks Management Meet Takeaways: Nirmal Bang
Potato chips move onto a conveyer belt. (Photographer: Meg Roussos/Bloomberg)

Prataap Snacks Management Meet Takeaways: Nirmal Bang

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Nirmal Bang Report

We recently interacted with the management of the company in order to get an update on current operating environment. The following are the key takeaways:

Q1 FY21 was a challenging quarter as Indore (where the company’s mother plant is located and which makes up for approximately 50% of overall capacity) was one of the cities with high number of cases.

The company got permission to resume manufacturing operations only in May.

In Q2 FY21, it smoothened out all production and supply side disruptions and ramped up operational capacity across all plants.

Click on the attachment to read the full report:

Nirmal Bang Prataap Snacks -Company Update- 16 December 2020.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.