Will be able to increase market share to 7-8% going forth: Prataap Snacks

Prataap Snacks is in our focus on the back of an Edelweiss note on the company's outlook. In an interview to CNBC-TV18, Amit Kumar, MD & CEO of the company spoke about the latest happenings in the company and gave his outlook for the future.

Kumar said that we will sustain margin at 9-10 percent.

He further said that we expect bottomline to be under pressure for the next two quarters.

We will be able to clock revenue of Rs 1,500 crore and EBITDA of Rs 150 crore by FY20, he added.

Kumar mentioned that we will be able to increase market share to 7-8 percent going forth.

Our foray into new geographies and new products will add revenue of 18-20 percent, he further mentioned.

For entire interview, watch accompanying video.