मैट्रिक्स
 
 

प्रताप स्नैक्स

बीएसई: 540724  |  NSE: DIAMONDYD  |  ISIN: INE393P01035  |  Food Processing

खोजें प्रताप स्नैक्स कनेक्शन
अध्यक्षीय भाषण साल : Mar '18

Dear Shareholders,

Fiscal 2017-18 was a memorable milestone in our journey as we transformed into a public listed company in the month of October 2017. Our journey emanates from our larger vision to be amongst the defining snack food companies of this generation, delighting our consumers with a delectable range of products and in the process, create long-term value for all our stakeholders.

I believe that the Indian snack industry is poised for a sustained phase of growth and expansion. With strong tailwinds like growing affluent middle-class, increase in absolute population of youth and children as well as increasing per capita spend on food; the Indian snack industry is in the fast-growth lane. The implementation of the Goods and Services Act (GST) will particularly favour the organised snack businesses.

I am confident that the contribution of the organised snack market, which is currently around 40% of the total Rs.550 billion Indian snack market will increase substantially in the next few years.

At Prataap Snacks, we have always endeavoured for our products to stand for taste, quality and value. We also aim to delight our consumers with innovative packaging, interesting shapes and exciting toys. Multiple pack sizes and an unstinted focus on reaching all parts of the country from urban and metro cities to smaller towns and rural areas has also made it possible to provide access to consumers of varied backgrounds. We have always strived to leverage our deep understanding of the Indian snack market to offer greatest value to our consumers, and it is this focus on value that has made us stand apart from others.

Another key pillar at Prataap Snacks has been our uncompromising focus on ethics, transparency and governance. We have never lost sight of the fact that while profitability is important, purpose is paramount; while costs are important, quality is crucial; while results are important, responsibility is imperative. That is why, even as we continue to grow at a fast pace, we have ensured strict compliance and governance at every level. It is this over-arching framework of governance and values as well as systems and processes that sustains the value we create.

With the successful IPO, I am confident we are at the cusp of the next growth phase. Our aspiration is to become a leading pan-India player in the Indian snack market. We are focussing on achieving this as we multiply our presence across the country.

As a responsible corporate citizen, we have always followed environmental regulations and norms. Both at our manufacturing plants as well as our offices, we continue to shift towards green technology and processes with a view to minimise wastage and optimise resource intensity. We strongly believe to generate returns not only by wealth creation alone but also by giving back to the society. It is our strong belief that by pursuing economic objectives in a manner that serves larger societal purpose, we make our growth more enduring and sustainable.

Finally, I would like to reiterate our commitment to continue creating long-term stakeholder value. Since inception, we have focussed on generating value for our consumers, our partners, our employees as well as our investors. We have shared our success with the society and communities through our CSR interventions. As we grow, we shall continue with our multistakeholder value focus.

I thank you all for your continued trust and support and assure you we will continue to move ahead with more velocity, venture and vigour.

Yours sincerely,

Arvind Mehta

Chairman and Executive Director

स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `335 Cr की बिकवाली की
  • MARKET CUES : DIIs ने कैश में `2409 Cr की खरीदारी की
  • MARKET CUES : FIIs ने F&O में `4293 Cr की खरीदारी की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `1664 Cr की खरीदारी
  • MARKET CUES : इंडेक्स ऑप्शंस में `1753 Cr की खरीदारी
  • MARKET CUES : स्टॉक फ्यूचर्स में `912 Cr की खरीदारी
  • MARKET CUES : स्टॉक ऑप्शंस में `36 Cr की बिकवाली
  • JEFFERIES ON SUN PHARMA : BUY रेटिंग, लक्ष्य बढ़ाकर `530/Sh
  • CS ON SUN PHARMA : Neutral रेटिंग, लक्ष्य `400/Sh
  • CLSA ON SUN PHARMA : BUY रेटिंग, लक्ष्य घटाकर `560/Sh

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