Gopal Snacks Limited · NSE:GOPAL
Gopal Snacks — Q2 and H1 FY2026 Earnings Presentation
36 slides from Gopal Snacks's earnings presentation, Nov 10, 2025
Slide 1: Exchange filing cover letter for Investor Presentation
Ref: GSL/CS/SE/Q3/2025-26 Date: 10.11.2025 BSE Limited National Stock Exchange Limited Department of Corporate Services, Exchange Plaza, 5th Floor, Pheroze Jeejeebhoy Towers, Plot No. C/1, G Block, Dalal Street, Bandra-Kurla Complex, Mumbai – 400001 Mumbai – 400051 Script code: 544140 Symbol: GOPAL
Slide 2: Q2 and H1 FY2026 Earnings Presentation
Q2 and H1 FY2026 Earnings Presentation Gopal Snacks Limited BSE: 544140, NSE: GOPAL 1
Slide 3: Index
INDEX Business Business Overview Overview 31 -- 11 9 Branding and Marketing 13- 15 Growth Strategies 17 - 18 Financial Performance 20 -23 ESG Initiatives 31 - 32 2
Slide 4: Gopal Snacks | Business Overview
Gopal Snacks | Business Overview Manufacturing 6 (Incl. 3 Ancillary units) 308,479 MT 40,000 MT Manufacturing Facilities Total Installed Capacity In-house Cold Storage Distribution 294 13 States and 2 Union 858 Owned Logistics Territories Distributors Vehicles Financials INR 376 Cr INR 24 Cr INR 26
Slide 5: Business Overview
ose A] y_ Business Overview
Slide 6: Q2 FY26 Result Snapshot
Q2 FY26 Result Snapshot Revenue from Operations Gross Profit Margin EBITDA Margin PBT* Margin PAT** Margin Rs. 375.7 Cr Rs. 99.2 Cr 26.4% Rs. 24.1 Cr 6.4% Rs. 13.4 Cr 3.6% Rs. 25.7 Cr 6.8% 16.6% QoQ 18.5% QoQ 58.8% QoQ 65.4% YoY 11.1% YoY 6.7% YoY 14.9% YoY 48.4% YoY Wafers Segment Gathiya Segment F
Slide 7: H1 FY26 Result Snapshot
H1 FY26 Result Snapshot Revenue from Operations Gross Profit Margin EBITDA Margin PBT* Margin PAT** Margin Rs. 697.8 Cr Rs. 182.9 Cr 26.2% Rs. 39.4 Cr 5.6% Rs. 18.7 Cr 2.7% Rs. 28.2 Cr 4.0% 7.8% YoY 16.7% YoY 55.1% YoY 74.0% YoY 47.0% YoY Wafers Segment Gathiya Segment Focus Market Other States Volu
Slide 8: Q2 FY26 Management Commentary
Q2 FY26 Management Commentary Q2 FY2026 was a quarter of steady progress and operational enhancement for Another key highlight of the quarter was Gopal Snacks’ collaboration as the Gopal Snacks. The Company continued to strengthen its manufacturing footprint, Official Snacks Partner for the Filmfare
Slide 9: Diversified Product Portfolio
Diversified Product Portfolio Product Types Snack Extruded Other Gathiya Namkeen Wafers Papad Besan Spices Pellets Snacks Products* # Products 8 31 13 11 8 3 1 6 14 Installed Capacity 61,721 MT 79,317 MT 31,372 MT 12,503 MT 7,161 MT 9,920 MT 46,345 MT 9,207 MT - (Sep-25) Capacity Utilisation (Sep-25
Slide 10: New Product Launches
New Product Launches Hot Wheels Jeera Papad 9
Slide 11: Expanding Distribution Footprint
Expanding Distribution Footprint Utilizing our extensive distribution network to deliver strong earnings and position the company for sustainable growth Own Number of 858* Logistics 294 Distributors Vehicles 4 Uttarakhand Delhi NCR Distribution Management Systems (DMS) Rajasthan 2 90 Uttar Pradesh B
Slide 12: Strategically Located Manufacturing Facilities
Strategically Located Manufacturing Facilities Primary Capacity Utilization Capacity (MTPA) Product Range Ancillary (MTPA) Utilization Facility (%) Product Range Facility (%) Gathiya Namkeen Rajkot 0^ 0.0% Snack Pellets Papad Extruded Snacks Rajkot 1 28,830** 23.5% Spices Gathiya Namkeen Seasoning G
Slide 13: Branding & Marketing
Branding & Marketing 12
Slide 14: Revamped Product Packaging
Revamped Product Packaging 13
Slide 15: Brand Marketing (1/2)
Brand Marketing (1/2) Newspaper Marketing POSM Dangler Racks Banners Events Media Shravan Sohla Lal Baug Cha Raja Eid Celebration 14
Slide 16: Brand Marketing (2/2)
Brand Marketing (2/2) Airport Vending Machine Vehicle and Shutter Wraps Painting Mumbai, Delhi, Goa & Hyderabad Airport Digital Media 15
Slide 17: Growth Strategies
Growth Strategies 16
Slide 18: Strategic Priorities to Drive Long Term Growth
Strategic Priorities to Drive Long Term Growth Accelerating growth, fortifying our business for the future and maintaining a balanced approach to capital allocation Market Penetration and Product Strategy, Branding Operational Efficiency and Expansion and Innovation Strategic Partnerships Technologi
Slide 19: Enhancing Presence in Alternate Trade Channels
Enhancing Presence in Alternate Trade Channels Robust alternate trade channels model with unified experience UNIFIED EXPERIENCE Order Placement Order Processing E-Commerce Quick Commerce Modern Trade Other Channels Shipping Western and Instant Central Railways, Commerce IRCTC Hyderabad and Delhi, Mu
Slide 20: Financial Performance
Financial Performance 19
Slide 21: Q2 FY26 Financial Performance
Q2 FY26 Financial Performance All figure in Rs. Cr. Revenue from Operations Gross Profit and Margin* (6.7)% (14.9)% 402.6 375.7 116.6 322.2 83.7 99.2 18.5% 16.6% 29.0% 26.0% 26.4% Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26 Q2 FY26 Gross Profit Gross Profit Margin EBITDA and Margin* PBT and Margin (befo
Slide 22: H1 FY26 Financial Performance
H1 FY26 Financial Performance All figure in Rs. Cr. Revenue from Operations Gross Profit and Margin* (7.8)% (16.7)% 757.0 219.4 182.9 697.8 29.0% 26.2% H1 FY25 H1 FY26 H1 FY25 H1 FY26 Gross Profit Gross Profit Margin EBITDA and Margin* PBT and Margin (before exceptional items) PAT and Margin (after
Slide 23: Q2 FY26 Segment-wise Performance
Q2 FY26 Segment-wise Performance All figure in Rs. Cr. Gathiya Namkeen Wafers Pellets and Other Snacks & Extruded Snacks Products* Revenue (Rs Cr) (8.9)% (15.5)% (8.5)% (13.6)% 14.0% 45.3 76.1 52.5 107.6 41.4 65.8 108.6 35.4 60.7 46.1 91.7 39.3 98.0 79.3 93.7 Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26
Slide 24: H1 FY26 Segment-wise Performance
H1 FY26 Segment-wise Performance All figure in Rs. Cr. Gathiya Namkeen Wafers Pellets and Other Snacks & Extruded Snacks Products* Revenue (Rs Cr) (8.0)% (15.9)% (6.6)% (12.5)% 9.7% 82.2 91.8 208.4 203.4 76.8 83.7 144.5 126.5 191.7 171.0 H1 FY25 H1 FY26 H1 FY25 H1 FY26 H1 FY25 H1 FY26 H1 FY25 H1 FY2
Slide 25: Q2 FY26 Core and Focus Markets Performance
Q2 FY26 Core and Focus Markets Performance All figure in Rs. Cr. Core States Focus States Other States Revenue (Rs Cr) (12.6)% 4.8% 37.2% 285.6 108.8 249.7 103.8 17.1 222.3 84.8 14.5 12.5 Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26 Q2 FY26 Core States Focus States Other States De
Slide 26: H1 FY26 Core and Focus Markets Performance
H1 FY26 Core and Focus Markets Performance All figure in Rs. Cr. Core States Focus States Other States Revenue (Rs Cr) (12.5)% 1.2% 28.4% 539.1 193.6 31.6 24.6 471.9 191.2 H1 FY25 H1 FY26 H1 FY25 H1 FY26 H1 FY25 H1 FY26 Core States Focus States Other States Dealer Network (No.) 4.4% (2.4)% 39.4% 459
Slide 27: Q2 FY26 Diversified Revenue Mix
Q2 FY26 Diversified Revenue Mix By Geography By Segment By Price Point 0.0% 7.0% 4.5% 7.0% 14.0% 26.1% 18.0 29.0% 2.2% 11.0% 66.5% 13.5% 61.5% 24.4% 15.3% Gathiya Namkeen Snack Pellets Wafers Extruded Snacks Other Products Core Markets Focus Markets Others Rs. 5 Rs. 10 Above Rs. 10 Others Other Mark
Slide 28: Sensitivity in Key Raw Materials
Sensitivity in Key Raw Materials Palmolein Oil Chana Indian Potato LR 1.04 1.60 1.45 1.34 1.31 1.26 1.00 1.30 1.00 0.95 1.00 1.03 1.01 0.94 0.90 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Maida Flour Unbranded Udad Mogar La
Slide 29: Q2 and H1 FY26 Profit & Loss
Q2 and H1 FY26 Profit & Loss (Rs. Cr) Q2 FY26 Q2 FY25 Y-o-Y (%) Q1 FY26 Q-o-Q (%) H1 FY26 H1 FY25 Y-o-Y (%) Operating Revenue 370.0 398.9 (7.2)% 322.2 14.9% 692.2 748.3 (7.5)% Other Operating Income 5.6 3.8 48.6% 0.0 nm 5.6 8.6 (34.8)% Total Revenue from Operation 375.7 402.6 (6.7)% 322.2 16.6% 697.
Slide 30: Balance Sheet
Balance Sheet (Rs. In Cr.) H1FY26 FY25 Property, plant & equipment (Tangible, Intangible, CWIP, RoU) 308.5 274.0 Cash And Bank Balances 0.9 0.6 Inventories 135.2 156.6 Trade Receivables 33.0 23.5 Other Assets 87.3 81.9 Total Assets 565.0 536.6 Total Equity 433.9 404.8 Borrowing 64.7 66.3 Trade Payab
Slide 31: Balance Sheet KPI
Balance Sheet KPI Rs. in Cr Cash Flow from Operations Debt/Equity (x) INR Mn. FY23 FY24 FY25 H1FY26 Short Term Debt 57.9 63.5 65.7 64.6 Long Term Debt 48.5 3.7 0.6 0.1 121.5 0.37 Total Debt 106.4 67.2 66.3 64.7 Less: Cash and Cash 68.8 68.3 28.6 24.2 0.6 0.9 57.3 0.17 0.16 0.15 Equivalent Net Debt 7
Slide 32: ESG Initiatives
N Ca ESG Initiatives
Slide 33: ESG Initiatives
ESG Initiatives Environmental Social Governance • Commissioned Windmill of 2 • We have provided medical • Diverse and experienced MW at Hirana (Amreli), assistance to individuals in leadership ensures sound Gujarat and Solar Panels at need and conducted corporate governance Modasa plant educational
Slide 34: Visit Our Real Time ESG Disclosure Platform
Visit Our Real Time ESG Disclosure Platform Our design philosophy integrates sustainability and environmental considerations. Map our ESG framework with 35+ different frameworks Download ESG data Access to ESG factsheet Search for AI keywords Assistant Over 12 factors and 400+ KPI With this new AI-p
Slide 35: Disclaimer
Disclaimer Disclaimer This presentation contains statements that are “forward looking statements” including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to “Gopal Snacks” future business developments and economic performan
Slide 36: Thank You
Thank You Registered Office: G2322-23-24, GIDC, Metoda, Tal - Lodhika, Dist - Rajkot - 360021, (Gujarat), India. CIN : L15400GJ2009PLC058781 35 35
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