Gopal Snacks Ltd

Meeting Details

• Date: Monday, 24 August 2026
• Type: One-on-One
• Mode: Virtual
• Event/organiser: Analyst / Institutional Investor meet

Participants

• Company representatives will engage with investors (roles not specified)

Purpose

• Purpose: Analyst / institutional investor meeting

Additional Notes

• Schedule may change due to exigencies

Overview

• Standalone BRSR for FY2025-26; main activities are snack manufacturing and trading; 90.22% turnover from manufacturing; 7.90% from trading.

Key ESG Risks & Opportunities

• Material ESG risks include product safety; opportunities cover EHS, sustainable sourcing, and energy efficiency.

Governance & Policy Highlights

• Board-level ESG oversight with policies including anti-bribery, whistleblower, human rights, and CSR.

Social Responsibility & Workforce

• Total workforce 4,115; 34.7% female; LTIFR nil; 100% health and safety audits.

Environmental Performance

• Scope 1: 19,845 tCO2e; Scope 2: 51,722 tCO2e; total energy 268,463 GJ; water withdrawal 107,868 KL.

Stakeholder Engagement & Complaints

• Engagement with distributors, suppliers, regulators, shareholders, and employees; complaints generally Nil; no unresolved issues.

Other Notable Metrics

• Baseline ESG year 2025-26; 100% sustainable inputs; 34% MSME suppliers; 3 trade associations; 0 penalties.

AGM Details

• AGM scheduled for 18 September 2026 at 03:00 PM IST via VC/OAVM.
• Deemed venue is the Company's registered office.
• E-voting window: 15–17 September 2026; cut-off date 11 September 2026.

Key Resolutions Presented

• Ordinary: adopt Audited Financial Statements for FY2025-26.
• Ordinary: approve interim dividends totaling ₹1.00 per share already paid.
• Ordinary: re-appoint Harsh Shah by rotation as director.
• Special: re-appoint Bipinbhai Hadvani as CMD for 5 years from 01 Oct 2026.
• Special: board to vary terms; remuneration as per Explanatory Statement.
• Special: minimum remuneration to CMD in case of profits shortfall for up to 3 years.

CMD Appointment & Remuneration

• Remuneration proposed: ₹2.25 crore per annum with 10% annual increment.
• Other benefits include gratuity, leave encashment, and perquisites as described.

Financial performance

• Revenue from operations stood at ₹1,508.2 crore, up 2.7% YoY.
• Gross margin 27.0%; EBITDA margin 6.7%.
• EBITDA total ₹101.3 crore; PAT around ₹74 crore.
• Earnings per share: ₹5.91 (basic and diluted).
• Insurance settlement for Rajkot fire: ₹37.49 crore (₹374.64 mn) received in FY26.
• Fire at Rajkot plant in Dec 2024; restatement and rebuild completed.
• Interim dividends totalling ₹1.00 per share paid; final dividend not recommended.

Capacity & plants

• Rajkot recommissioned; capacity 1,05,233 MT; Gondal used as substitute plant.
• Modasa facility commissioned Dec 2025; capacity 63,085 MT centralised for majority product basket.
• Six primary facilities plus three ancillaries; total installed capacity 375,591 MT.
• Modasa hosts largest cold storage facility and captive solar power.
• Vertical integration supports cost control and supply continuity across western India.

Dividends & share capital

• Authorized share capital ₹15 crore; issued and paid-up capital ₹12.465 crore (12,46,48,419 shares).
• ESOPs: 12,00,000 options; 26,075 exercised in FY26; 2,47,752 outstanding.
• Three interim dividends: ₹0.25, ₹0.35, ₹0.40 per share; total ₹1.00 per share.
• No final dividend recommended for FY26.

Governance

• Board strength: eight directors; includes one independent woman director.
• Committees in place: Audit; Nomination & Remuneration; Stakeholders Relationship; CSR; Risk Management.
• FY26: Board met six times; independent directors met separately in Jan 2026.
• Statutory auditors: Maheshwari & Co; internal auditors: Haribhakti & Co LLP; no fraud reported.

Risks & internal controls

• Key risks: supply chain disruption, commodity cost volatility, climate risks, and regulatory changes.
• Risk Management Committee oversees risk, including cyber security and ESG risks.
• Internal controls robust; board audit committee reviews effectiveness; no material weaknesses reported.

ESG & CSR

• CSR expenditure ₹22.61 crore in FY26; budgeted ₹24.19 crore; donations to trust ₹22.37 cr.
• ESG baseline established for FY2025-26; targets to be set in future periods.
• Environmental initiatives: energy efficiency, water stewardship, waste management, and renewable energy use.
• Zero tolerance for sexual harassment; POSH compliance and internal complaint mechanism.

Outlook & strategy

• FY27 outlook positive; focus on product innovation, wider distribution, and tech upgrades.
• Expansion in core markets; potential for increased premium and regional flavours.
• Export opportunities continue to grow as brand scales globally.

Notable events & disclosures

• Dec 2024 fire at Rajkot plant; significant asset damage; structured rebuild and insurance claims.
• Gopal Electronics: modular expansions and integration of ERP/distribution tech to enhance visibility.
• Financial statements include detailed disclosures on ESOPs, risk management, and secretarial audit.

Filing status

• Wrapper-only filing; no substantive transcript content in this chunk.

Meeting Details

• Date: 14 August 2026; time not disclosed.
• Type/Mode: Physical, one-on-one and/or group meeting.
• Event/Organizer: Emkay Confluence 2026 (India: Full Throttle Ahead).
• Venue: Mumbai.

Participants

• Company representative(s) to participate; key role: Head – Legal & Compliance cum Company Secretary.

Purpose

• Purpose: investor meeting to interact with institutional investors/analysts.

Additional Notes

• Recording/presentation availability not specified in filing.

Business Overview

• Gopal Snacks is a diversified packaged snacks company offering Gathiya, Namkeen, pellets, and extruded snacks.
• Focus markets include Chhattisgarh, MP, Maharashtra, Rajasthan and Uttar Pradesh.

Key Operational Highlights

• Rajkot Main facility resumed operations; capacity 105,233 MTPA; Gondal production consolidated to Rajkot.
• Distribution network expanded to 1,007 distributors; DMS improves supply chain visibility.
• Gathiya, Wafers, and Pellets & Extruded Snacks grew YoY by 28.9%, 36.0%, and 27.5% respectively.

Financial Performance

• Revenue from operations Rs 422.3 cr; QoQ +3.1%; YoY +30.9%.
• Gross margin 26.9%; EBITDA margin 7.4%.
• PAT Rs 12.8 cr; Basic EPS Rs 1.0.
• PBT before exceptional items Rs 18.6 cr; Tax Rs 5.8 cr.

Capital Structure & Liquidity

• No debt/equity actions disclosed in the quarter.
• No liquidity metrics detailed in the filing.

Strategic Priorities & Outlook

• Strengthen manufacturing network, expand distribution footprint, and enhance brand visibility.
• Rajkot facility now fully operational; expect continued market growth in packaged snacks.
• Ongoing investments in marketing, technology, and product development.

Risks & Mitigation

• Raw material cost environment remains challenging; mitigated by cost management.
• Geopolitical tensions in the Middle East impacting margins; mitigated via operational efficiency and DMS.

Governance & Leadership

• No governance changes disclosed; Company Secretary contact listed.

Financial performance

• Q1 FY27 sales Rs 422.3 crore, up 31% YoY; QoQ growth 3.1%.
• EBITDA Rs 31.5 crore; EBITDA margin 7.4%.
• PBT (excl. exceptional) Rs 18.6 crore; margin 4.4%.
• PAT (incl. exceptional) Rs 12.8 crore; margin 3.0%.
• Highest-ever quarterly revenue from operations.

Operations and capacity

• Rajkot manufacturing facility commissioned; installed capacity 1,05,233 MTPA.
• Manufacturing consolidated from Gondal to Rajkot for efficiency.
• Distributors network active at 1,007; 135 SSD micro-distributors.
• DMS improves visibility, inventory planning, and order fulfilment.

Outlook and strategic focus

• Outlook: focus on expanding manufacturing, distribution footprint, and brand visibility.