Gopal Snacks Limited · NSE:GOPAL
Gopal Snacks — Q2 FY2027 Earnings Presentation
37 slides from Gopal Snacks's earnings presentation, Nov 2, 2026
Slide 1: Exchange cover letter for investor presentation
Ref: GSL/CS/SE/Q3/2026-27 Date: 02.11.2026 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 FY2027 Earnings Presentation
Q2 and H1 FY2027 Earnings Presentation Gopal Snacks Limited BSE: 544140, NSE: GOPAL
Slide 3: Index
INDEX Business Overview 3 - 11 Branding and Marketing 12- 14 Strategic Recovery Post Fire Incident 15 - 17 Financial Performance 18 - 27 ESG Initiatives 28 - 34
Slide 4: Business Overview
GOPAL ose A] y_ Business Overview
Slide 5: Gopal Snacks | Business Overview
Gopal Snacks | Business Overview Financials Manufacturing Distribution What Sets Us Apart (Q2FY27) 6 (Incl. 3 Ancillary units) INR 461.5 Cr Diverse Portfolio: 13 States and 2 Union Manufacturing Facilities Revenue 103 Products & 345 SKUs Territories (Inc. 17 SKUs for HORECA) 4,01,680 MT 1,057 Vertic
Slide 6: Q2 FY27 Result Snapshot
Q2 FY27 Result Snapshot Revenue from Operations Gross Profit Margin EBITDA Margin PBT* Margin PAT** Margin Rs. 461.5 Cr Rs. 125.0 Cr 27.1% Rs. 41.6 Cr 9.0% Rs. 25.9 Cr 5.6% Rs. 45.9 Cr 9.9% 9.3% QoQ 10.1% QoQ 32.2% QoQ 39.0% QoQ 257.0% QoQ 22.9% YoY 26.1% YoY 72.3% YoY 92.9% YoY 78.5% YoY Wafers Seg
Slide 7: H1 FY27 Result Snapshot
H1 FY27 Result Snapshot Revenue from Operations Gross Profit Margin EBITDA Margin PBT* Margin PAT** Margin Rs. 883.9 Cr Rs. 238.6 Cr 27.0% Rs. 73.1 Cr 8.3% Rs. 44.5 Cr 5.0% Rs. 58.7 Cr 6.6% 26.7% YoY 30.5% YoY 85.7% YoY 138.1% YoY 108.0% YoY Wafers Segment Gathiya Segment Namkeen Focus Market*** Oth
Slide 8: Q2 FY27 Management Commentary
Q2 FY27 Management Commentary Commenting on the performance Mr. Bipin Hadvani , Chairman and Managing Director said: “Q2 FY2027 is an exceptional quarter for us, with revenue growing by 23% YOY and EBITDA Margin of 9% for the quarter. Revenue and Profitability growth demonstrates strong traction of
Slide 9: Diversified Product Portfolio
Diversified Product Portfolio Product Types Snack Extruded Other Gathiya Namkeen Wafers Papad Besan Spices Pellets Snacks Products* # Products 8 29 13 10 9 2 1 6 33 Installed Capacity 79,794 MT 1,17,509 MT 39,556 MT 12,813 MT 8,525 MT 9,920 MT 65,987 MT 9,207 MT - (H1 FY27) Capacity Utilisation (H1
Slide 10: Gathiya State wise and Total Sales
Gathiya State wise and Total Sales Gathiya Sales (%) FY24 FY25 FY26 H1FY27 3.8% 0.1% 4.8% 0.1% 5.8% 0.0% 8.5% 0.1% 22.7% 24.4% 24.1% 25.8% 65.6% 73.3% 71.1% 69.8% Core State Focused State Other State Export Focus State Sales continued to gain share in the overall sales mix, increasing from 22.7% in
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 Uttarakhand Number of 5 1,057* Logistics 300+ Distributors Delhi NCR Vehicles Rajasthan 2 Uttar Pradesh 173 70 Jharkhand Madhya Pradesh 49 Guja
Slide 12: Strategically Located Manufacturing Facilities
Strategically Located Manufacturing Facilities Primary Capacity Utilization Ancillary Capacity Utilization (MTPA) Product Range Facility (MTPA) (%) Product Range Facility (%) Gathiya Papad Namkeen Rajkot 1 28,830** 24.7% Rajkot 1,05,233 26.9% Spices Snack Pellets Extruded Snacks Seasoning Gathiya Ra
Slide 13: Branding & Marketing
Branding & Marketing 12
Slide 14: Brand Marketing
Brand Marketing Events News Coverage Plant Start News coverage Handball Event Sponsor Media Newspaper Marketing 13
Slide 15: Brand Marketing
Brand Marketing OTT Platforms Influencer Collabs Jio Hotstar Spotify Soni Liv OOH Podcast 14
Slide 16: Strategic Recovery Post Fire Incident
Strategic Recovery Post Fire Incident
Slide 17: Growth Journey from Fire Incident
Growth Journey from Fire Incident Resilience in Adversity: Ensuring Continuity and Growth Post Fire Incident The company has The listing on NSE and commenced operations We have succesfully Commissioned a new BSE in March 2024 at its Gondal facility, commenced our production Besan manufacturing provi
Slide 18: Business Performance
Business Performance All figure in Rs. Cr. Revenue EBITDA* 41.6 461.5 400.8 409.6 422.3 375.7 30.4 31.5 31.5 322.2 24.1 15.2 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 ✓ Manufacturing integration remains a key focus, Gopal ✓ Continued focus on ope
Slide 19: Financial Performance
= Financial Performance
Slide 20: Q2 FY27 Financial Performance
Q2 FY27 Financial Performance All figure in Rs. Cr. Revenue from Operations Gross Profit and Margin* 22.9% 26.1% 461.5 422.3 375.7 99.2 125.0 113.6 26.4% 26.9% 27.1% 9.3% Q2 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q1 FY27 Q2 FY27 Gross Profit Gross Profit Margin EBITDA and Margin* PBT and Margin (before except
Slide 21: H1 FY27 Financial Performance
H1 FY27 Financial Performance All figure in Rs. Cr. Revenue from Operations Gross Profit and Margin* 26.7% 30.5% 883.9 238.6 697.8 182.9 26.2% 27.0% H1 FY26 H1 FY27 H1 FY26 H1 FY27 Gross Profit Gross Profit Margin EBITDA and Margin* PBT and Margin (before exceptional items) PAT and Margin (after exc
Slide 22: Q2 FY27 Segment-wise Performance
Q2 FY27 Segment-wise Performance All figure in Rs. Cr. Pellets and Papad, Spice and Other Snacks Gathiya Namkeen Wafers Extruded Snacks Besan Products** Revenue (Rs Cr) 25.6% 14.5% 40.0% 23.0% 7.9% 71.4% 120.8 123.1 105.0 41.1 97.3 58.0 77.3 80.9 38.0 37.9 23.7 24.9 91.7 48.1 65.8 98.0 41.4 14.5 8%
Slide 23: Q2 FY27 Core and Focus Markets Performance
Q2 FY27 Core and Focus Markets Performance All figure in Rs. Cr. Core States Focus States Other States Revenue (Rs Cr) 15.5% 34.7% 94.0% 269.5 276.5 131.7 23.6 239.4 114.2 20.2 97.8 12.2 3% 15% 17% Q2 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q1 FY27 Q2 FY27 Core States Focus States Other
Slide 24: Q2 FY27 Diversified Revenue Mix
Q2 FY27 Diversified Revenue Mix By Geography By Segment By Price Points 0.2% QoQ Growth 7% 6.2% 8.9% 6.2% 5.1% 6.2% 26.7% 5.4% 21.3% 2.1% 28.5% 12.6% 60.0% 59.6% 12.9% 22.8% 15.5% QoQ Growth 17% Gathiya Namkeen Snack Pellets Wafers Core States Focus States Other States Extruded Snacks Other Products
Slide 25: Sensitivity in Key Raw Materials
Sensitivity in Key Raw Materials Palmolein Oil Chana Potato 1.19 1.26 1.00 1.05 1.00 1.03 1.08 1.00 0.97 0.97 0.82 0.84 0.86 0.94 0.91 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 Maida Flour Udad Mogar Laminate 1.00 1.16 1.2
Slide 26: Q2 and H1 FY27 Profit & Loss
Q2 and H1 FY27 Profit & Loss (Rs. Cr) Q2 FY27 Q2 FY26 Y-o-Y (%) Q1 FY27 Q-o-Q (%) H1 FY27 H1 FY26 Y-o-Y (%) Operating Revenue 457.3 370.0 23.6% 421.6 8.5% 878.9 692.2 27.0% Other Operating Income 4.2 5.6 (24.9)% 0.7 502.7% 4.9 5.6 (12.5)% Total Revenue from Operation 461.5 375.7 22.9% 422.3 9.3% 883
Slide 27: Balance Sheet
Balance Sheet (Rs. In Cr.) H1 FY27 FY26 Property, plant & equipment (Tangible, Intangible, CWIP, RoU) 389.2 384.1 Cash And Bank Balances 0.5 0.8 Inventories 208.8 193.2 Trade Receivables 46.5 55.9 Other Assets 121.2 80.7 Total Assets 766.3 714.7 Total Equity 537.6 478.8 Borrowing 145.4 153.8 Trade P
Slide 28: Balance Sheet KPI
Balance Sheet KPI Rs. in Cr Cash Flow from Operations Debt/Equity (x) INR Cr. FY24 FY25 FY26 H1FY27 Short Term Debt 63.5 65.7 131.6 125.9 Long Term Debt 3.7 0.6 22.2 19.4 68.8 0.32 68.3 Total Debt 67.2 66.3 153.8 145.4 0.27 46.4 42.9 Less: Cash and Cash 0.17 0.16 24.2 0.6 0.8 0.5 Equivalent Net Debt
Slide 29: ESG Initiatives
ESG Initiatives
Slide 30: ESG Profile: Factors and Subfactors
AI - ESG Profile : 19 Factors and 538 Subfactors Gopal Snacks Website ESG Disclosure Platform Gopal Snacks ESG Profile Link (Click Here) Management Approach (3) Company Overview (13) Board of Directors (8) ISO and Certifications (3) Environment (50) Social (78) Governance (108) Membership (1) ESG Fa
Slide 31: ESG Quantitative Performance Metrics
ESG Quantitative Performance Metrics FY2027 Environment (4) Social (8) Governance (4) Others (5) 29,898.05 GJ 28.20% Female 49.48% 50% Renewable Energy Workforce Gender Independent Board of Halal Certified Number of Trained Staff Consumed Composition Directors 3,437 MT 19.08% Nil Nil Gross Salary to
Slide 32: ESG Approach: Factors and Subfactors (1/4)
ESG Approach: 19 Factors and 538 Subfactors (1/4) Environment (50) 1) Environment Strategy in Place 18) Water Usage History 35) Amount of Waste Generated 2) Environmental Reporting 19) Water Intensity 36) Amount of Hazardous Waste Generated 3) Environmental Policy and Commitments 20) Water Savings I
Slide 33: ESG Approach: Factors and Subfactors (2/4)
ESG Approach: 19 Factors and 538 Subfactors (2/4) Social (78) 1) Social Strategy in Place 27) Health and Safety Policies 53) Amount Spend on Employees Well-being 2) Communication of Labour Policy 28) Health and Safety Initiatives 54) Employee Engagement Initiatives 3) Supplier Responsibility Initiat
Slide 34: ESG Approach: Factors and Subfactors (3/4)
ESG Approach: 19 Factors and 538 Subfactors (3/4) Governance (108) 1) Corporate Governance Policies 28) Environmental, Social or Ethical Litigation Claims 55) Board Independence Statement 2) Governance Oversight Framework 29) Non Compliant Staff Actions 56) Board Independence Criteria 3) Board Overs
Slide 35: ESG Approach: Factors and Subfactors (4/4)
ESG Approach: 19 Factors and 538 Subfactors (4/4) Governance (108) 82) Pledging of Shares 83) Employee Stock Option Plan (ESOP) 84) Executive Pay Disclosures 85) Criteria for Executive Compensation 86) Executive Pay Performance Alignment Policies 87) Median Remuneration of Board of Directors 88) Gov
Slide 36: 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 37: Thank You
Thank You Registered Office: G2322-23-24, GIDC, Metoda, Tal - Lodhika, Dist - Rajkot - 360021, (Gujarat), India. CIN : L15400GJ2009PLC058781 36