Gopal Snacks Ltd

Net loss of Gopal Snacks reported to Rs 39.51 crore in the quarter ended March 2025 as against net profit of Rs 26.11 crore during the previous quarter ended March 2024. Sales declined 9.75% to Rs 316.73 crore in the quarter ended March 2025 as against Rs 350.96 crore during the previous quarter ended March 2024. For the full year,net profit declined 80.92% to Rs 19.00 crore in the year ended March 2025 as against Rs 99.57 crore during the previous year ended March 2024. Sales rose 4.73% to Rs 1458.64 crore in the year ended March 2025 as against Rs 1392.81 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales316.73350.96 -10 1458.641392.81 5 OPM %0.6411.06 -7.2112.09 - PBDT3.1639.69 -92 107.43167.55 -36 PBT-5.1330.26 PL 74.23131.80 -44 NP-39.5126.11 PL 19.0099.57 -81 Powered by Capital Market - Live

Gopal Snacks will hold a meeting of the Board of Directors of the Company on 23 May 2025.Powered by Capital Market - Live

The firm added that this appointment is based on the recommendation of the nomination and remuneration committee. Rigan Hasmukhrai Raithatha holds a bachelor's degree in commerce from M.P. Shah Commerce College, Jamnagar, Gujarat. Rigan is also a member of the Institute of Chartered Accountants of India. Rigan has experience in the field of accounting and finance. Rigan has worked with CG Power and Industrial Solutions, Adani Group, Nayara Energy, and Reliance Industries. Gopal Snacks is an FMCG company dealing in ethnic snacks, western snacks, and other products. The company offers a wide variety of savory products under its brand 'Gopal,', including ethnic snacks such as namkeen and gathiya; western snacks such as wafers, extruded snacks, and snack pellets; and fast-moving consumer goods including papad, spices, gram flour or besan, noodles, rusk, and soan papdi. The company's standalone net profit slipped 70.31% to Rs 5.31 crore as against Rs 17.89 crore posted in Q3 FY24. Revenue from operations rose 7.07% to Rs 393.57 crore in Q3 FY25 over Q3 FY24.Powered by Capital Market - Live

Gopal Snacks will hold a meeting of the Board of Directors of the Company on 17 March 2025.Powered by Capital Market - Live

However, revenue from operations rose 7.07% to Rs 393.57 crore in Q3 FY25 over Q3 FY24. Profit before tax stood at Rs 7.51 crore in Q3 FY25, down 71.70% as against Rs 26.54 crore posted in Q3 FY24. EBITDA tumbled 56.1% to Rs 15.5 crore in the third quarter of FY25 as against Rs 35.3 crore recorded in the period a year ago. EBITDA margin slipped to 3.9% in Q3 FY25, compared to 9.6% recorded in the corresponding quarter previous year. Bipinbhai Hadvani, chairman and MD, said, 'As we reflect on Q3 FY2025, it is evident that this has been a quarter of several challenges, decisive action, and resilient progress for Gopal Snacks. On December 11, 2024, a significant fire incident occurred at our Rajkot I manufacturing facility, halting operations at one of our main units. While there were no casualties or injuries, the event temporarily disrupted production and imposed significant challenges on our operations. However, prioritizing safety and continuity, we swiftly implemented measures to stabilize operations. In addition to the operational disruptions, the increased cost of key raw materials, such as palm oil, further compounded the pressure on margins. Despite these challenges, our unwavering focus on innovation and market growth remained steadfast. Our unaffected product segments continued to demonstrate remarkable resilience, with the Wafers segment registering an impressive YoY growth of 48% during Q3 FY25. Focus Markets and Other States also reported healthy YoY growth of 19.7% and 48.3%, respectively, during the same period. This growth was primarily driven by strategic expansion efforts and the addition of 207 new distributors in the past nine months. These achievements underscore the strength of our product portfolio, distribution network, and market strategies. The challenges of Q3 FY2025 have reaffirmed our belief in the importance of resilience, adaptability, and long-term vision. Our immediate priorities include scaling operations at the Gondal facility, phasing out third-party manufacturing, and fully restoring the affected supplies by the end of this fiscal year. While the quarter underscored the unpredictable nature of external challenges, it also highlighted the strength of our strategic vision and operational framework. Our long-term goals remain unchanged: to enhance market leadership, deliver innovative and high-quality products, and generate sustainable value for all stakeholders. We extend our gratitude to our employees, partners, and investors for their unwavering support during this time. Together, we look forward to navigating the road ahead with confidence and resilience.' Gopal Snacks is an FMCG company dealing in ethnic snacks, western snacks, and other products. The company offers a wide variety of savory products under its brand 'Gopal', including ethnic snacks such as namkeen and gathiya; western snacks such as wafers, extruded snacks and snack pellets; and fast-moving consumer goods including papad, spices, gram flour or besan, noodles, rusk and soan papdi.Powered by Capital Market - Live

Gopal Snacks has granted 93,640 stock options under ESOS. Powered by Capital Market - Live

Gopal Snacks has allotted 17,974 equity shares under ESOS on 11 February 2025. With this allotment, the paid up equity share capital has increased to Rs 12,46,22,344/- (consisting of 12,46,22,344 equity shares of Re 1 each). Powered by Capital Market - Live

Net profit of Gopal Snacks declined 70.26% to Rs 5.32 crore in the quarter ended December 2024 as against Rs 17.89 crore during the previous quarter ended December 2023. Sales rose 7.07% to Rs 393.57 crore in the quarter ended December 2024 as against Rs 367.58 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales393.57367.58 7 OPM %3.949.61 - PBDT16.0435.87 -55 PBT7.5226.54 -72 NP5.3217.89 -70 Powered by Capital Market - Live

Gopal Snacks will hold a meeting of the Board of Directors of the Company on 11 February 2025.Powered by Capital Market - Live

Equipped with advanced technology and a robust production capacity, the new facility has commenced trial operations, with production activities underway. This plant replaces the temporarily closed Rajkot I facility, effectively restoring a significant portion of the production capacity impacted by the recent fire incident. The company's Gondal plant has an installed capacity of 87,569 MTPA, with plans for gradual scaling up over time. The plant will operate at 100% capacity to maintain optimal production levels. This facility will produce a wide range of top-selling SKUs, ensuring a robust supply of high-demand products. With the commissioning of this facility, the Company plans to gradually reduce its dependency on third-party manufacturing. The company said that the Modasa and Nagpur facilities will continue to operate at optimal capacity, ensuring a steady supply of products to meet market demand during this transition. Bipin Hadvani, chairman said, 'The seamless transition to this new manufacturing facility underscores our resilience and determination in overcoming challenges. This facility represents a pivotal step in reaffirming our commitment to delivering excellence to our customers and creating sustainable value for all stakeholders. Equipped with cutting-edge technology and designed for maximum efficiency, this plant will bolster our position as an industry leader, fortify our supply chain, and reinforce the trust placed in us by our customers, partners, and investors. On behalf of Gopal Snacks, I extend my heartfelt gratitude to our employees, investors, and customers for their unwavering support during this challenging period. Together, we emerge stronger and more determined to achieve new milestones.' Gopal Snacks is an FMCG company dealing in ethnic snacks, western snacks, and other products. The company offers a wide variety of savory products under its brand 'Gopal', including ethnic snacks such as namkeen and gathiya; western snacks such as wafers, extruded snacks, and snack pellets; and fast-moving consumer goods including papad, spices, gram flour or besan, noodles, rusk, and soan papdi. Gopal Snacks' standalone net profit rose 6.17% to Rs 28.89 crore on 12.57% increase in total revenue from operations to Rs 402.64 crore in Q2 FY25 over Q2 FY24. The scrip hit a lower circuit of 10% at Rs 315.65 on the BSE.Powered by Capital Market - Live