StockWatch
·

Gopal Snacks Ltd

BSE: 544140

P/L Snapshot

Q1 FY27 · standalone

vs Q4 FY26·vs Q1 FY26
Revenue
423.00
+2.3%+31.2%
Expenditure
404.36
+3.4%+27.5%
Net Profit
12.85
-57.1%+409.0%
OPM %
7.45%
-4.51pp+2.66pp

Shareholding

Pattern breakdown

P/L Trends

(in crores)

RevenueExpenditureNet Profit
-95.0148.36191.74335.12478.50Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Price Chart
Reports

Record Revenue, but Margins Tell a Different Story

margin-compression · inflation-pressure · revenue-beat

Result verdictFollow-upQ1 FY2713 Aug 20266 minFMCG

Strongest quarter yet, but margin expansion stalls amid inflation

recovery · distribution · inflation

TranscriptDeep diveQ1 FY2713 Aug 20266 minFMCG

Gopal Snacks Q1 FY27: standalone PAT jumps 409% YoY to ₹12.8 Cr as margins rebuild

fmcg · snacks · margin recovery

ResultsQ1 FY2707 Aug 20263 minFMCG
Latest
Board Meeting7 Aug, 5:30 pm

Gopal Snacks Q1 FY27: standalone PAT jumps 409% YoY to ₹12.8 Cr as margins rebuild

Gopal Snacks' standalone Q1 FY27 (quarter ended June 30, 2026) revenue from operations came in at ₹422.3 Cr, up 31.1% YoY from ₹322.2 Cr and up a modest 3.1% QoQ from ₹409.6 Cr. Standalone PAT was ₹12.85 Cr against ₹2.52 Cr a year ago (+409% YoY reported; ~+431% on an adjusted basis after stripping the negligible ₹0.22 Cr exceptional gain booked in the year-ago quarter), lifting net margin to 3.04% of total income from just 0.78% in Q1 FY26. There were no exceptional items this quarter, unlike Q4 FY26, which carried a ₹17.49 Cr insurance-claim exceptional gain (part of ₹37.46 Cr received during FY26 against the December 2024 Rajkot fire) that inflated that quarter's PAT to ₹29.95 Cr — the resulting -57.1% QoQ PAT decline is a base-effect from that one-off, not sequential deterioration, and should not be read as weakness. The scale of the YoY jump reflects how depressed the year-ago base was: Q1 FY26 sat close to breakeven as the company worked through post-fire supply disruption and, per management's November 2025 concall, a deliberate effort to regain lost customer base over 6-7 months while full-year guidance was withdrawn. That window (Nov 2025 plus 6-7 months) lines up with this quarter, and the Rajkot plant's recommissioning in May 2026 (capacity 1,05,233 MTPA) — the first quarter with full supply-chain resumption since the fire — is the operational driver most directly tied to the revenue and margin recovery. No consensus Q1-specific street estimate for Gopal Snacks was found; brokerages had flagged "healthy growth" for FMCG names into Q1 FY27 without a hard number, and analysts separately pencil in 15-20% PAT growth for full FY27 — this quarter's YoY PAT growth runs well ahead of that annualized pace, though the comparison isn't apples-to-apples given the unusually weak year-ago base. Management's 25-26% gross-margin guidance from the same call was not restated in this filing. Separately, the company disclosed a ₹16.55 Cr GST show-cause notice received June 5, 2026, unprovisioned in this statement, and the board used this meeting to re-appoint CMD Bipinbhai Hadvani for a further five-year term (October 2026-September 2031).

7 Aug 2026, 05:30 pm

Corporate Events

Board MeetingGOPAL
2026
18Sep

Board Meeting

The 17th Annual General Meeting of the Company will be held …

BSE Filing
DividendGOPAL
2026
11Sep

₹0.25 / share

BSE Filing
Board MeetingGOPAL
2026
7Aug

Board Meeting

The Board of Directors meeting is scheduled to consider and …

BSE Filing
DividendGOPAL
2026
2Feb

₹2 / share

BSE Filing
Board MeetingGOPAL
2025
6Aug

Board Meeting

Approval of standalone financial results of the company for …

BSE Filing
Board MeetingGOPAL
2024
18Jul

Board Meeting

Consider and approve Unaudited Standalone Financial Results,…

BSE Filing
Board MeetingGOPAL
2024
9May

Board Meeting

Consider and approve Audited Standalone Financial Results fo…

BSE Filing