| P/E Ratio | 35.94Sector PE 38.58 |
|---|---|
| Market Cap | ₹3,018.18 CrFMCG Sector |
| RSI | 35.76Neutral Zone |
| Promoter Holding | 81.45%No change QoQ |
| Metric | Q2-27 | Q1-27 | Q2-26 |
|---|---|---|---|
| Revenue from Operations | 462 | 422 | 376 |
| Other Income | 0.1 | 0.7 | 0.2 |
| Total Income | 462 | 423 | 376 |
| Profit Before Tax | 61.2 | 18.6 | 35.0 |
| Exceptional Items | 35.3 | 0.0 | 21.5 |
| Net Profit | 45.9 | 12.8 | 25.7 |
| Operating Margin | 13.3% | 4.4% | 9.3% |
| Net Profit QoQ | +258.6% | ||
| Net Profit YoY | +78.6% | ||
| Adj. Profit QoQ | +44.1% | ||
| Adj. Profit YoY | +95.5% | ||
Key highlights
- Revenue from operations reached ₹462 crore, marking a growth of 22.8% compared to ₹376 crore in the same period last year
- The company recognized an exceptional gain of ₹35.3 crore related to an insurance claim settlement for a fire incident at its Rajkot plant
- Operating margins expanded to 13.3% for the quarter, up from 9.3% in the year-ago period and 4.4% in Q1 FY27
- The Board declared a first interim dividend of ₹0.50 per equity share, representing 50% of the face value of ₹1 each
- Net profit witnessed a sequential jump of 258.6% from ₹12.8 crore in Q1 FY27, driven by operational scaling and the insurance payout
Operational Growth and Revenue Momentum
Gopal Snacks demonstrated consistent top-line momentum in the second quarter of FY27, with revenue from operations climbing to ₹462 crore. This 22.8% year-on-year increase reflects the brand's strengthening footprint in the competitive packaged foods sector. Total income for the quarter stood at ₹462 crore, nearly identical to operating revenue, indicating minimal reliance on other income sources.
The bottom line saw a substantial boost, reaching ₹45.9 crore, a 78.6% jump over the ₹25.7 crore reported in the year-ago period. On a sequential basis, the profit growth was even more pronounced, surging by 258.6% from the ₹12.8 crore recorded in Q1 FY27.
Impact of Exceptional Gains and Margin Profile
The quarter's financial results were notably influenced by an exceptional gain of ₹35.3 crore. This non-recurring item stems from the final settlement of an insurance claim regarding a fire incident that occurred at the company's Rajkot plant in December 2024. Gopal Snacks received a total of ₹374.64 crore from the insurance provider during the 2025-26 fiscal year, with the final confirmation received in October 2026.
In terms of profitability, operating margins improved to 13.3%, a sharp recovery from the 4.4% seen in the preceding quarter. This margin expansion helped lift profit before tax to ₹61.2 crore, compared to ₹35 crore in Q2 FY26.
Shareholder Rewards and Market Context
- The Board approved a first interim dividend of ₹0.50 per share for the financial year 2026-27.
- The record date for determining eligible members for the dividend payment has been fixed as November 6, 2026.
- The company currently trades at a P/E ratio of 35.94, compared to the industry average of 49.05.
- Market capitalization stands at approximately ₹3,018.18 crore as of the result announcement.
- Promoter holding remains stable at 81.45%, with roughly 11.94% of that holding currently pledged.
- The stock price has experienced a 31% decline over the last 12 months despite the recent profit recovery.
Fire Insurance Settlement Details
During the quarter ended September 30, 2026, the Company recognized a net exceptional gain of ₹353.17 million in connection with the same fire incident based on confirmation received from insurance company regarding final claim approval.
| Date | Announcement | Amount |
|---|---|---|
| 07 Aug 2026 | Q1 FY27 Standalone Revenue from OperationsSource: NSE filing | ₹422.32 Cr |
| 12 May 2026 | Q4 FY26 Standalone Revenue from OperationsSource: multibagg.ai | ₹408.59 Cr |
| 27 Jan 2026 | Q3 FY26 Standalone Revenue from OperationsSource: NSE filing | ₹400.77 Cr |
| 10 Nov 2025 | Q2 FY26 Standalone Revenue from OperationsSource: NSE filing | ₹370.04 Cr |
| 06 Aug 2025 | Q1 FY26 Standalone Revenue from OperationsSource: gopalnamkeen.com | ₹322.17 Cr |
What to watch next
- Post-earnings investor and analyst conference call scheduled for November 3, 2026, at 03:00 PM IST
- Record date for first interim dividend set for November 6, 2026
- Payment of interim dividend to eligible shareholders to be completed by November 30, 2026
- Execution against full-year FY27 EBITDA margin guidance of 8% to 9% as communicated in earlier quarters
“The Board has declared a First Interim Dividend of ₹0.50 per share (i.e. 50%) on equity shares of face value of ₹1.00 each for the financial year 2026-27. The Interim Dividend will be paid on or before 30th November 2026.”
| Share price | ₹242.1 |
|---|---|
| Market capitalisation | ₹3,018.18 Cr |
| Revenue (annual) | ₹1,508.23 Cr |
| Net profit (annual) | ₹73.65 Cr |
| Revenue (latest quarter) | ₹422.32 Cr+3.10% vs previous quarter |
| Net profit (latest quarter) | ₹12.85 Cr-57.10% vs previous quarter |
| P/E (TTM) | 35.94×Sector 38.58× |
| Promoter holding | 81.45%0.00% QoQ |
| FII holding | 1.04%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Gopal Snacks Ltd announcing its unaudited standalone financial results for the quarter and half-year ended September 30, 2026. Market figures from a third-party data provider.
