Gopal Snacks Limited — Investor Meet, 11-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Gopal Snacks reported Q1 FY26 revenue down 9% YoY to Rs 322.2 Cr, but up 1.7% sequentially. Gross margin hit 26% (vs 29% YoY) due to palm oil custom duty, but improved sequentially from cooling raw material costs. EBITDA margin was 4.7% (vs 11.5% YoY) due to lower gross profit and higher ad spend. Modasa plant (60% of lost capacity) begins mid-September, with Rajkot (40%) by year-end. Management expects supply chain issues causing 8-10% business loss to significantly ease. FY26 revenue guidance of Rs 1,750 Cr maintained, with H2 picking up. Confident outlook on margin improvement & 20% CAGR from next year.