Gopal Snacks Ltd

Q1 FY26

Gopal Snacks Ltd Q1 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Q1 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹282

Market cap₹3.4K Cr

P/E76.9

Updated23 Aug 2026

Read4 min read

The short version

Gopal Snacks aims for a 20% CAGR in sales growth annually over the next three years. Gopal Snacks Limited aims for a 20% CAGR growth annually over the next three years.

From Gopal Snacks Ltd's Q1 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

Gopal Snacks aims for a 20% CAGR in sales growth annually over the next three years.
Despite current supply chain disruptions, monthly sales improvements of over Rs. 10 crores delta are observed.
Full-year revenue guidance stands at approximately Rs. 1,750 to Rs. 1,800 crores, targeting 20% growth.
H1 revenue may fall short (around Rs. 730-740 crores), with efforts to recover in H2 (around Rs. 1,000 crores).
Wafers segment expected to grow 20%, supported by new consumer offers and marketing campaigns.
New products like popcorn and wafer biscuits introduced, focusing on non-palm oil items for portfolio diversification.
Expansion plans include increasing distributors by 60-70 by December, especially around Nagpur facility.
International growth to be pursued via strategic partnerships with third parties rather than direct market entry.

Profitability & Margins

Gopal Snacks Limited aims for a 20% CAGR growth annually over the next three years.
Revenue guidance for the full year is around Rs. 1,750 crores to Rs. 1,800 crores, with Rs. 800 crores expected in H1 and Rs. 1,000 crores in H2.
The company expects gradual improvement in EBITDA margins, targeting near double-digit margins by Q4, supported by operationalization of the new Modasa facility.
Gross margins are expected to sustain around 26% (+/-1%) in the near term, with improvement anticipated from own manufacturing at Modasa.
The management is confident of meeting the annual revenue growth guidance despite some supply chain delays, with monthly run-rate improvements of approx. Rs. 10 crores seen sequentially.
Capex of Rs. 30-35 crores for the Modasa plant is expected to support future growth and margin expansion.
Insurance claims and stock liquidations are expected to stabilize debt, aiding profitability.

See what Gopal Snacks Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Modasa plant: Rs. 30-35 crores Capex planned; Rs. 15-17 crores already spent in the current quarter.
Rajkot plant (replacement for fire-affected capacity, 40% capacity): Rs. 15-20 crores Capex planned, expected to be funded largely by insurance proceeds once completed.
Gondal unit operations are temporary; machinery from Gondal will be shifted to Modasa and Rajkot plants once they become operational.
No immediate plans for direct international market expansion; preference for strategic partnerships or joint ventures with third parties having an international footprint to reduce capital and energy expenditure.
Overall aim to stabilize supply chain and fully operationalize plants by Q4 FY26, mitigating current 8-10% business loss down to 1-2%.

Fundraising & Capital Structure

The company is planning Capex of Rs. 30-35 crores for the Modasa plant and Rs. 15-20 crores for the Rajkot plant (which caught fire).
The Capex for the Rajkot plant will largely be funded through insurance claims once completed.
There is no explicit mention of new fundraising through equity in the transcript.
Current debt level stands around Rs. 100 crores, primarily cash credit facilities (working capital).
The management expects some on-account payment from insurance and liquidation of some stock to reduce debt needs.
No indication of raising fresh debt beyond working capital or equity financing at this point; insurance claims are helping fund reconstruction costs.

See what Gopal Snacks Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The transcript from the document does not explicitly mention the current or expected order book or pending orders for Gopal Snacks Limited. However, the following relevant points can be noted: - The company is seeing a monthly improvement of around Rs. 10 crores delta in sales run rate over preceding months, indicating improving supply chain stability. - H1 revenue is expected around Rs. 730-740 crores, and H2 is targeted near Rs. 1,000 crores to achieve full year guidance (~Rs. 1,800 crores). - The firm is actively adding distributors (60-70 by December), particularly near the Nagpur facility. - The company is working towards stabilizing the supply chain to meet market demand, including for the festive season. - Revenue growth and order fulfillment are expected to improve as the Modasa plant becomes fully operational. No direct quantifiable data on the order book or pending orders were provided.

Gopal Snacks Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹410 Cr, net profit ₹30 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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What Gopal Snacks's management said in earlier quarters

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Frequently Asked Questions

What were Gopal Snacks Ltd Q1 FY26 results?

Gopal Snacks aims for a 20% CAGR in sales growth annually over the next three years. Gopal Snacks Limited aims for a 20% CAGR growth annually over the next three years.

What is Gopal Snacks Ltd share price analysis?

Gopal Snacks Ltd currently shows a neutral. The stock trades at a P/E of 76.9 with a market cap of ₹3,423 Cr. Investors should review the full earnings analysis for detailed insights.

Is Gopal Snacks Ltd planning capital expenditure?

Modasa plant: Rs.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.