Gopal Snacks Reports Strong Q2 Results, Declares Interim Dividend and Authorizes ₹200 Crore Acquisition Budget

1 min read     Updated on 10 Nov 2025, 06:30 PM
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Jubin VergheseScanX News Team
Overview

Gopal Snacks Limited reported a net profit of ₹256.92 million for Q2 FY2026, with revenue from operations at ₹3,700.44 million. The company declared a first interim dividend of ₹0.25 per share. An exceptional gain of ₹215.30 million was reported from insurance claims related to a fire incident at its Rajkot plant. The Board authorized exploring acquisition opportunities up to ₹200 crores. Operations continue through Modasa and Nagpur facilities, with a temporary facility established in Gondal to restore production capacity.

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*this image is generated using AI for illustrative purposes only.

Gopal Snacks Limited , a leading manufacturer of packaged snacks in India, has reported its financial results for the second quarter ended September 30, 2025, showing signs of recovery and growth.

Financial Performance

The company reported impressive financial results for Q2 FY2026:

  • Net profit of ₹256.92 million, compared to ₹25.26 million in the previous quarter
  • Revenue from operations stood at ₹3,700.44 million
  • Basic earnings per share of ₹2.06

Gopal Snacks also reported an exceptional gain of ₹215.30 million related to insurance claims and scrap sales from a fire incident at its Rajkot plant in December 2024.

Dividend Declaration

The company has declared a first interim dividend of ₹0.25 per share (25%) on equity shares with a face value of ₹1 each for the financial year 2025-26. The dividend is payable by December 9, 2025, with the record date for dividend eligibility set for November 17, 2025.

Strategic Initiatives

The Board has authorized Chairman and Managing Director Bipinbhai Vithalbhai Hadvani to evaluate acquisition opportunities up to ₹200 crores in similar business lines. Any potential acquisitions will require prior Board approval before finalization.

Operational Updates

Following the fire incident at the Rajkot plant in December 2024, Gopal Snacks has taken several steps to maintain operations and restore production capacity:

  • Continued operations through its Modasa and Nagpur facilities
  • Establishment of a temporary manufacturing facility in Gondal to restore production capacity
  • The Rajkot facility remains temporarily closed

Future Outlook

With the authorization to explore acquisition opportunities and the steps taken to recover from the Rajkot plant incident, Gopal Snacks appears to be focusing on both organic and inorganic growth strategies. The strong financial performance in Q2, coupled with the dividend declaration, suggests confidence in the company's financial position and future prospects.

Investors and market watchers will likely be monitoring the company's progress in potential acquisitions, the full recovery of its production capacity, and its ability to maintain the growth momentum in the coming quarters.

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Gopal Snacks Reports Strong Q2 FY26 Performance, Declares Interim Dividend

2 min read     Updated on 10 Nov 2025, 06:29 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

Gopal Snacks Limited announced robust Q2 FY26 results, with revenue increasing 16.6% quarter-on-quarter to ₹375.70 crore. EBITDA grew 58.8% to ₹24.10 crore, with margins improving to 6.4%. PAT surged to ₹25.70 crore, including exceptional items. The company expanded its manufacturing capabilities through third-party agreements in Karnataka and Uttarakhand, and increased its distribution network to 858 active distributors. Gopal Snacks continues to recover from a December 2024 fire incident at its Rajkot plant, receiving an interim insurance payment of ₹19.99 crore. The Board declared a first interim dividend of ₹0.25 per share for FY 2025-26.

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*this image is generated using AI for illustrative purposes only.

Gopal Snacks Limited , a leading manufacturer of packaged snacks in India, has reported a robust performance for the second quarter of fiscal year 2026, demonstrating resilience and strategic growth amid challenging market conditions.

Financial Highlights

The company's Q2 FY26 results show significant improvement over the previous quarter:

  • Revenue from operations increased by 16.6% quarter-on-quarter to ₹375.70 crore
  • EBITDA grew by 58.8% to ₹24.10 crore, with margins improving to 6.4%
  • Profit After Tax (PAT) surged to ₹25.70 crore, including exceptional items

Key Operational Developments

Manufacturing and Distribution

Gopal Snacks has taken strategic steps to enhance its manufacturing capabilities and market reach:

  • Entered long-term agreements for third-party manufacturing facilities in Hiryur (Karnataka) and Kashipur (Uttarakhand)
  • Hiryur facility (4,400 MTPA capacity) focuses on Wafers, Snack Pallets, and Corn Products
  • Kashipur facility (5,900 MTPA capacity) caters to Namkeen, Gathiya, Snack Pallets, and Corn Products
  • Expanded distribution network to 858 active distributors

Recovery from Fire Incident

The company continues to recover from the December 2024 fire at its Rajkot plant:

  • Received an interim payment of ₹19.99 crore from the insurer
  • Reported a net exceptional gain of ₹21.53 crore related to the fire incident
  • Scaled up production at Modasa and Nagpur facilities to mitigate operational impact

Brand Building Initiatives

Gopal Snacks has undertaken significant brand-building efforts:

  • Collaborated as the Official Snacks Partner for the Filmfare Awards 2025
  • Increased presence across airports and public spaces
  • Enhanced engagement through e-commerce and modern retail platforms

Financial Table

Particulars (₹ in crore) Q2 FY26 Q1 FY26 QoQ Change
Revenue from Operations 375.70 322.20 +16.6%
EBITDA 24.10 15.20 +58.8%
EBITDA Margin 6.4% 4.7% +170 bps
PAT (incl. Exceptional) 25.70 2.50 +928.0%

Dividend Announcement

The Board of Directors has declared a first interim dividend of ₹0.25 per share (25%) on equity shares with a face value of ₹1 each for the financial year 2025-26.

Future Outlook

Gopal Snacks remains focused on building a strong, scalable, and efficient business model. The company's expansion of its manufacturing base, improving distribution reach, and ongoing brand initiatives position it well to capture long-term opportunities in India's growing snacks market.

Mr. Bipinbhai Hadvani, Chairman and Managing Director, commented on the performance: "Q2 FY2026 was a quarter of steady progress and operational enhancement for Gopal Snacks. Despite a dynamic market environment, our performance remained stable, supported by consistent execution and cost discipline."

About Gopal Snacks Limited

Gopal Snacks Limited is a prominent player in the Indian packaged snacks industry, offering a diverse portfolio including gathiya, namkeen, wafers, and other snack products. With six manufacturing facilities and an extensive distribution network, the company is well-positioned in the competitive snacks market.

Historical Stock Returns for Gopal Snacks

1 Day5 Days1 Month6 Months1 Year5 Years
-0.52%-4.39%-2.15%+18.19%-25.56%-7.76%
Gopal Snacks
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