Gopal Snacks Reports Strong Q2 FY26 Performance, Declares Interim Dividend
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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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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.65% | -2.64% | -6.20% | -16.03% | -24.63% | -13.48% |





































