Gopal Snacks
Stock Snapshot
Price Performance
Vista Outlook
View Technicals Analysis →Basis of our Recommendation
Gopal Snacks is currently navigating a pivotal phase of operational transition, primarily driven by the successful commissioning of its Rajkot plant, which is expected to enhance manufacturing efficiencies and logistics. Management has set an ambitious target of over 20% revenue growth for FY27, supported by a robust distribution expansion strategy and biweekly servicing in core markets, which has already shown positive traction. This optimism is reflected in Vista's forecast, which anticipates accelerating revenue growth beyond historical levels, with stable profit margins projected. However, the company faces significant challenges, including geographical concentration risks and raw material inflation, which could pressure margins if not effectively managed. The FMCG sector's overall growth trajectory, characterized by volume expansion and strategic price adjustments, provides a favorable backdrop, although competitive pricing pressures remain a concern. Over the next 12-24 months, key opportunities include leveraging expanded capacity and distribution networks, while watchpoints include managing inflationary pressures and operational continuity amidst energy supply disruptions
Why We Like This Stock
- Successful commissioning of the Rajkot plant is expected to optimize costs and support margin expansion
- Management's ambitious revenue growth target of over 20% for FY27 is underpinned by a robust distribution strategy
- Expansion of the distribution network and product innovation are likely to enhance market penetration
Things To Watch Out For
- Geographical concentration in Gujarat poses a risk to revenue stability
- Ongoing raw material inflation could pressure profit margins if not managed effectively
- Operational continuity may be challenged by energy supply disruptions
Key Parameters
Financial Snapshot
| Actuals | Forecast | ||||
|---|---|---|---|---|---|
| FY24 | FY25 | FY26 | FY27 | FY28 | |
| Revenue (Cr.) | 1,402 | 1,468 | 1,508 | 1,718 | 1,853 |
| Profit Before Tax (Cr.) | 132 | 72 | 60 | 67 | 82 |
| PBT Margin | 9.4% | 4.9% | 395.8% | 3.9% | 4.5% |
| Net Profit (Cr.) | 100 | 41 | 50 | 53 | 65 |
| Earnings Per Share | 8.0 | 3.3 | 4.0 | 4.3 | 5.2 |
Analyst Recommendations
| Broker | Recommendation | Target Price | Date |
|---|---|---|---|
| Emkay Global | ▲ Buy | 425 | 11-Aug-2026 |
| Motilal Oswal | ▲ Buy | 390 | 11-Aug-2026 |
Company Overview
Show Company Profile
Gopal Snacks Limited engages in the manufacture and market namkeen, gathiya, papad, and western snacks in India and internationally. It offers a range of products, including snack pellets, wafers, extruded snacks, papad, besan, spices, chikki, noodles, rusk, soan papdi, washing bar, and flour, as well as jaggery. The company offers its products under the Gopal, Bonova, Cristos, Shot Go, and Cornigo brand names. It also offers its products online. The company was founded in 1999 and is based in Rajkot, India.