Gopal Snacks Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹3,023 Cr
- P/E
- 54.98
- ROE
- 4.72%
- PEG
- -1.28
- Price to sales
- 1.88
- Debt to equity
- 0.32
- 52W high / low
- ₹362 / ₹240
- Sales growth (5Y)
- 5.99%
- EBITDA margin
- 7.31%
- Net profit margin
- 1.38%
- Promoter holding
- 81.45%
- Sales (last year)
- ₹1,608 Cr
Founded in 1999, Gopal Snacks is an FMCG company dealing in ethnic snacks, western snacks, and other products.[1]
Guidance scorecard · Q1 FY27 call
What Gopal Snacks Ltd's management guided
and where it ranks in Food Products
RevenueQ4 FY26 call
20–40%- FY27 sales growth target: Rs. 330 to Rs. 350 crores incremental delta annually.
- Core market (Gujarat) growth driver: Rs. 170 to Rs. 180 crores delta expected, via split coverage and increased service frequency.
- Focus markets: Rs. 125 to Rs. 130 crores growth planned through footprint expansion (69 new distributors added in Q4) and organic growth.
- Other segments (quick commerce, railway, modern trade): Rs. 35 crores incremental growth targeted.
2 more points from Gopal Snacks Ltd's call on revenue
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MarginsQ4 FY26 call
FlatSee what Gopal Snacks Ltd said on margins — free account, 30 seconds.
CapexQ4 FY26 call
Planned- Majority of expansion CAPEX has been completed.
- Planned CAPEX for next financial year is around Rs. 40 to Rs. 45 crores.
- This includes investment in a corporate office building at Rajkot.
- Remaining CAPEX for future years will mainly be maintenance-related.
FundraisingQ4 FY26 call
None plannedSee what Gopal Snacks Ltd said on fundraising — free account, 30 seconds.
Order bookQ4 FY26 call
- The company highlighted a strong and growing distribution network with 3.9 lakh dealers through the DMS system and an estimated presence in 5 lakh outlets nationally.
- Monthly sales run rate in Uttar Pradesh (a focus market) has increased to Rs. 6.5 crores, expected to grow to Rs. 8.5 to Rs. 9 crores.
- The company is targeting an annual incremental revenue growth of Rs. 330 to 350 crores for FY27.
2 more points from Gopal Snacks Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Food Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Food Products companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹459 Cr | 7.9 | |
| 2 | 40%+ | Up 2%+ | ₹454 Cr | 79.8 | |
| 3 | 40%+ | Flat | ₹1,061 Cr | 48.2 | |
| 4 | 40%+ | Flat | ₹157 Cr | 10.5 | |
| 5 | 20–40% | Up 2%+ | ₹671 Cr | 48.3 | |
| 6 | 20–40% | Up 2%+ | ₹265 Cr | 7.8 |
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Pro shows every company guiding 40%+ revenue growth →Full Food Products rankingGopal Snacks Ltd announcements
All announcements →- Capex / expansionNotableGopal Snacks commissions new Besan manufacturing unit at Nagpur facility
Financials of Gopal Snacks Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Gopal Snacks Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 332 | 318 | 358 | 368 | 359 | 354 | 403 | 394 | 317 | 322 | 376 | 401 | 410 |
| Expenses + | 288 | 270 | 312 | 332 | 320 | 313 | 356 | 378 | 315 | 307 | 352 | 370 | 378 |
| Operating Profit | 44 | 49 | 46 | 35 | 39 | 41 | 47 | 16 | 2 | 15 | 24 | 30 | 32 |
| OPM % | 13% | 15% | 13% | 10% | 11% | 12% | 12% | 4% | 1% | 5% | 6% | 8% | 8% |
| Other Income + | 1 | 0 | 1 | 1 | 1 | 2 | 1 | 1 | -45 | 1 | 22 | 0 | 21 |
| Interest | 2 | 2 | 2 | 1 | 1 | 2 | 1 | 0 | 1 | 2 | 2 | 1 | 2 |
| Depreciation | 10 | 8 | 9 | 9 | 9 | 8 | 8 | 9 | 8 | 8 | 9 | 10 | 11 |
| Profit before tax | 33 | 39 | 36 | 27 | 30 | 33 | 39 | 8 | -52 | 6 | 35 | 19 | 40 |
| Tax % | 18% | 27% | 25% | 33% | 14% | 26% | 26% | 29% | -24% | 54% | 27% | 19% | 25% |
| Net Profit + | 27 | 28 | 27 | 18 | 26 | 24 | 29 | 5 | -40 | 3 | 26 | 15 | 30 |
| EPS in Rs | 2.19 | 2.28 | 2.18 | 1.44 | 2.10 | 1.95 | 2.32 | 0.43 | -3.17 | 0.20 | 2.06 | 1.24 | 2.40 |
Financials of Gopal Snacks Ltd
Profit & Loss
Annual income statement trend
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales + | 886 | 1,128 | 1,351 | 1,394 | 1,402 | 1,468 | 1,508 |
| Expenses + | 800 | 1,067 | 1,256 | 1,198 | 1,234 | 1,363 | 1,407 |
| Operating Profit | 86 | 60 | 95 | 196 | 168 | 105 | 101 |
| OPM % | 10% | 5% | 7% | 14% | 12% | 7% | 7% |
| Other Income + | 2 | 1 | 4 | 4 | 4 | -42 | 44 |
| Interest | 8 | 11 | 14 | 11 | 5 | 3 | 7 |
| Depreciation | 21 | 24 | 31 | 37 | 36 | 33 | 39 |
| Profit before tax | 58 | 26 | 54 | 152 | 132 | 27 | 99 |
| Tax % | 24% | 20% | 23% | 26% | 24% | 30% | 26% |
| Net Profit + | 44 | 21 | 42 | 112 | 100 | 19 | 74 |
| EPS in Rs | 389.57 | 186.44 | 366.70 | 9.02 | 7.99 | 1.52 | 5.91 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 3% | 66% | 17% |
Financials of Gopal Snacks Ltd
Balance Sheet
Capital structure and asset base
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 12 | 12 | 12 | 12 |
| Reserves | 121 | 135 | 177 | 278 | 378 | 392 | 466 |
| Borrowings + | 71 | 141 | 166 | 108 | 67 | 67 | 154 |
| Other Liabilities + | 58 | 65 | 56 | 63 | 81 | 65 | 82 |
| Total Liabilities | 252 | 342 | 400 | 461 | 539 | 537 | 715 |
| Fixed Assets + | 155 | 175 | 213 | 238 | 229 | 228 | 306 |
| CWIP | 8 | 43 | 47 | 10 | 13 | 46 | 78 |
| Investments | 2 | 1 | 2 | 2 | 0 | 0 | 0 |
| Other Assets + | 86 | 123 | 138 | 211 | 297 | 263 | 331 |
| Total Assets | 252 | 342 | 400 | 461 | 539 | 537 | 715 |
Financials of Gopal Snacks Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 56 | 22 | 59 | 122 | 69 | 68 | 46 |
| Cash from Investing Activity + | -40 | -76 | -74 | -50 | -5 | -82 | -126 |
| Cash from Financing Activity + | -16 | 58 | 12 | -69 | -44 | -10 | 80 |
| Net Cash Flow | -0 | 4 | -4 | 3 | 21 | -24 | 0 |
| Free Cash Flow | 19 | -53 | -14 | 96 | 39 | -15 | -80 |
| CFO/OP | 86% | 47% | 71% | 83% | 60% | 84% | 57% |
Financials of Gopal Snacks Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 1 | 2 | 4 | 3 | 8 | 6 | 14 |
| Inventory Days | 34 | 30 | 53 | 75 | 51 | 64 | |
| Days Payable | 15 | 2 | 3 | 8 | 6 | 11 | |
| Cash Conversion Cycle | 21 | 2 | 31 | 52 | 75 | 51 | 66 |
| Working Capital Days | 11 | 3 | 4 | 21 | 37 | 34 | 30 |
| ROCE % | 16% | 22% | 44% | 32% | 16% | 12% |
Guidance history
How Gopal Snacks Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q4 FY26 call → | 20–40% | Flat | Planned | None planned | — |
| Q3 FY26 call → | 10–20% | Up 0–2% | None planned | — | — |
| Q2 FY26 call → | 0–10% | Flat | Planned | — | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
16 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −31.2% | 23% |
| Last 6 months | −10.9% | 37% |
| Last 3 months | −10.5% | 43% |
The price is 51.2% below its all-time high of ₹495.6 (8 Nov 2024). Stocks more than 20% below their peak have their score halved, so 33 became 16.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Gopal Snacks Ltd: 0.4 × 23 + 0.4 × 37 + 0.2 × 43 = 33, halved to 16 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Gopal Snacks Ltd's management said in earlier quarters
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