Gopal Snacks Q1 Results: Net profit up 409% YoY to ₹128.47 million
Gopal Snacks posted a net profit of ₹128.47 million in Q1FY27, up 409% YoY, on the back of 31% revenue growth to ₹4,216.16 million. The Board approved director re-appointments for Bipinbhai Hadvani and Harsh Shah. Core operational improvements drove the profit surge, with no exceptional items impacting the current quarter's results.
*this image is generated using AI for illustrative purposes only.
Gopal Snacks reported a net profit of ₹128.47 million for the quarter ended June 30, 2026 (Q1FY27), marking a 409% year-on-year surge from ₹25.24 million in Q1FY26. Revenue from operations rose 31% to ₹4,216.16 million, reflecting strong demand across its ethnic savoury portfolio. The Board of Directors also approved the re-appointment of Chairman and Managing Director Bipinbhai Vithalbhai Hadvani and Non-Executive Director Harsh Sureshkumar Shah, subject to shareholder approval at the upcoming Annual General Meeting.
The financial results were reviewed by the Audit Committee and approved by the Board on August 07, 2026. M/s. Maheshwari & Co., the Statutory Auditors, issued a limited review report on the unaudited standalone financial results in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company operates under Ind AS 34 for interim financial reporting.
Financial Performance
Revenue from operations grew significantly, aided by higher other operating income of ₹7.00 million compared to nil in the prior year. Total income stood at ₹4,229.95 million. While cost of materials consumed increased to ₹2,969.74 million from ₹2,272.34 million, effective cost management helped expand margins.
| Particulars | Q1FY27 (₹ mn) | Q1FY26 (₹ mn) | YoY Change |
|---|---|---|---|
| Revenue from Operations | 4,216.16 | 3,221.70 | +31% |
| Total Income | 4,229.95 | 3,224.96 | +31% |
| Total Expenses | 4,043.59 | 3,172.14 | +27% |
| Profit Before Tax | 186.36 | 55.05 | +238% |
| Net Profit | 128.47 | 25.24 | +409% |
| EPS (Basic) | ₹1.03 | ₹0.20 | +415% |
Profit before tax rose 238% to ₹186.36 million. Tax expenses were ₹57.89 million, comprising current tax of ₹48.28 million and deferred tax of ₹9.61 million. Earnings per share (basic) jumped to ₹1.03 from ₹0.20 in the corresponding period last year.
Corporate Governance Updates
The Board recommended the re-appointment of Harsh Sureshkumar Shah as a Non-Executive, Non-Independent Director, liable to retire by rotation. Additionally, Bipinbhai Vithalbhai Hadvani was proposed for re-appointment as Chairman and Managing Director for a five-year term from October 01, 2026, to September 30, 2031. Both appointments require shareholder approval.
What the Numbers Show
The disproportionate rise in net profit (409%) compared to revenue growth (31%) highlights improved operational leverage. In Q1FY26, exceptional items contributed ₹2.23 million to pre-tax profits, whereas Q1FY27 reported no exceptional items, indicating that the current profitability surge is driven by core operational efficiencies rather than one-off gains. The company continues to recover from the December 2024 fire incident, having received ₹374.64 million in insurance claims during FY26.
Historical Stock Returns for Gopal Snacks
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.46% | +5.19% | +0.67% | -7.51% | -20.04% | -23.38% |
Will Gopal Snacks be able to sustain the 409% profit growth trajectory in subsequent quarters as the base effect from Q1FY26 normalizes?
How might the re-appointment of key leadership figures influence the company's strategic expansion plans for its ethnic savoury portfolio over the next five years?
What specific operational efficiencies or cost management strategies are driving the margin expansion despite a 31% increase in material costs?
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