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Gopal Snacks share price today

Gopal Snacks Ltd · NSE: GOPAL · FMCG - Snacks · prices and results as of 5 November 2026, updated weekly · research updated 10 August 2026

Gopal Snacks share price today: ₹249.44 at the NSE close on 5 November 2026, down 31.1% in a year. Gopal Snacks (NSE: GOPAL) is worth ₹3,110 crore, trades at a P/E of 48.2 and has closed between ₹242.10 and ₹361.85 over the past 52 weeks. Latest change: indian funds and insurers (DIIs) cut their stake for 5 quarters in a row.

Getting betterBusiness trend from fewer quarters than usual
₹249.44Price −31.1% in a year
48.2×P/E lower than 67% of the last 2.6 years
₹462 CrRevenue (Sep 2026) +22.9% on a year ago
₹46.0 CrProfit (Sep 2026) +76.9% on a year ago
9.0%Operating margin +3.0 points on a year ago
12%ROCE FY26
10.4%ROIC against a 12.0% cost of capital: −1.6 points

Gopal Snacks Ltd's earnings have grown faster than its share price. Earnings per share grew +288.8% in a year while the price moved −31.1%.

The main question: yearly earnings per share moved +288.8% while the share price moved −31.1%.

The price has been falling for 48 weeks, and the P/E is lower than 67% of its own last 2.6 years. Over the last four quarters, results have been improving, with profit +76.9% on a year earlier, and 95% of the last 3 years' profit came in as cash. What will decide it: whether the price catches up with earnings that have already grown.

What is the Gopal Snacks share price today?

Gopal Snacks Ltd's share price was ₹249.44 at the close on 5 November 2026. It has been falling for 48 weeks. That is 10.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹242 and ₹362, and at that close it sat 6% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Gopal Snacks Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 4 weeks running.

1Y

Nov 2026: ₹249, 10.5% below its 200-day average. The price has been falling for 48 weeks.

  • Price ₹249
  • 50-day avg ₹255
  • 200-day avg ₹279
Nov 2026: ₹249, 10.5% below its 200-day average. The price has been falling for 48 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025₹351₹354₹349
7 Nov 2025₹362₹354₹349
14 Nov 2025₹330₹351₹348
21 Nov 2025₹334₹348₹347
28 Nov 2025₹331₹344₹347
5 Dec 2025₹322₹341₹346
12 Dec 2025₹314₹337₹344
19 Dec 2025₹311₹333₹343
26 Dec 2025₹310₹330₹342
2 Jan 2026₹319₹327₹340
9 Jan 2026₹321₹327₹340
16 Jan 2026₹320₹326₹339
23 Jan 2026₹296₹322₹337
1 Feb 2026₹299₹318₹335
6 Feb 2026₹300₹315₹334
13 Feb 2026₹299₹313₹332
20 Feb 2026₹312₹312₹331
27 Feb 2026₹299₹310₹330
6 Mar 2026₹294₹307₹328
13 Mar 2026₹269₹302₹326
20 Mar 2026₹273₹297₹323
27 Mar 2026₹251₹292₹321
2 Apr 2026₹261₹288₹319
10 Apr 2026₹265₹284₹316
17 Apr 2026₹284₹283₹315
24 Apr 2026₹275₹282₹313
30 Apr 2026₹272₹281₹311
8 May 2026₹333₹288₹312
15 May 2026₹291₹291₹312
22 May 2026₹292₹291₹311
29 May 2026₹295₹292₹310
4 Jun 2026₹288₹292₹309
5 Jun 2026₹285₹292₹309
10 Jun 2026₹278₹291₹308
12 Jun 2026₹283₹290₹308
17 Jun 2026₹282₹289₹307
19 Jun 2026₹284₹289₹307
24 Jun 2026₹282₹288₹306
25 Jun 2026₹280₹288₹306
1 Jul 2026₹276₹286₹305
3 Jul 2026₹277₹286₹304
10 Jul 2026₹269₹283₹303
17 Jul 2026₹266₹280₹301
24 Jul 2026₹258₹276₹299
31 Jul 2026₹271₹274₹297
7 Aug 2026₹278₹274₹296
14 Aug 2026₹272₹274₹295
21 Aug 2026₹282₹275₹294
28 Aug 2026₹276₹276₹294
4 Sep 2026₹265₹275₹292
11 Sep 2026₹257₹272₹291
18 Sep 2026₹257₹270₹289
25 Sep 2026₹261₹268₹288
28 Sep 2026₹253₹267₹288
1 Oct 2026₹255₹266₹287
9 Oct 2026₹253₹264₹285
16 Oct 2026₹250₹262₹283
23 Oct 2026₹243₹259₹282
30 Oct 2026₹242₹256₹280
5 Nov 2026₹249₹255₹279
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: ₹249, 10.5% below its 200-day average. The price has been falling for 48 weeks.

  • Price ₹249
  • 50-day avg ₹255
  • 200-day avg ₹279
Nov 2026: ₹249, 10.5% below its 200-day average. The price has been falling for 48 weeks.
WeekPrice50-day avg200-day avg
15 Mar 2024₹379₹363₹363
22 Mar 2024₹366₹365₹363
28 Mar 2024₹358₹364₹363
5 Apr 2024₹348₹362₹363
12 Apr 2024₹328₹358₹362
19 Apr 2024₹315₹352₹360
26 Apr 2024₹317₹345₹358
3 May 2024₹318₹342₹356
10 May 2024₹330₹340₹355
18 May 2024₹343₹340₹354
24 May 2024₹329₹339₹353
31 May 2024₹317₹335₹352
7 Jun 2024₹336₹333₹350
14 Jun 2024₹324₹331₹349
21 Jun 2024₹346₹332₹348
28 Jun 2024₹330₹333₹348
5 Jul 2024₹327₹332₹347
12 Jul 2024₹322₹330₹346
19 Jul 2024₹328₹331₹345
26 Jul 2024₹336₹331₹344
2 Aug 2024₹355₹334₹345
9 Aug 2024₹353₹336₹345
16 Aug 2024₹335₹337₹345
23 Aug 2024₹338₹338₹345
30 Aug 2024₹338₹337₹344
6 Sep 2024₹330₹336₹343
13 Sep 2024₹341₹337₹343
20 Sep 2024₹382₹340₹344
27 Sep 2024₹421₹350₹346
4 Oct 2024₹398₹358₹349
11 Oct 2024₹424₹368₹352
18 Oct 2024₹473₹385₹357
25 Oct 2024₹450₹399₹362
1 Nov 2024₹488₹411₹367
8 Nov 2024₹496₹427₹374
14 Nov 2024₹462₹432₹377
22 Nov 2024₹438₹433₹379
29 Nov 2024₹442₹434₹382
6 Dec 2024₹462₹436₹385
13 Dec 2024₹414₹436₹388
20 Dec 2024₹398₹429₹388
27 Dec 2024₹378₹423₹388
3 Jan 2025₹372₹413₹387
10 Jan 2025₹351₹402₹386
17 Jan 2025₹338₹388₹383
24 Jan 2025₹348₹379₹381
1 Feb 2025₹343₹369₹378
7 Feb 2025₹333₹364₹376
14 Feb 2025₹291₹354₹373
21 Feb 2025₹302₹343₹369
28 Feb 2025₹278₹335₹366
7 Mar 2025₹287₹325₹361
13 Mar 2025₹262₹317₹358
21 Mar 2025₹282₹308₹353
28 Mar 2025₹265₹301₹349
4 Apr 2025₹273₹297₹346
11 Apr 2025₹278₹293₹343
17 Apr 2025₹283₹292₹342
25 Apr 2025₹290₹293₹339
2 May 2025₹273₹291₹337
9 May 2025₹271₹287₹334
16 May 2025₹300₹288₹332
23 May 2025₹291₹289₹330
30 May 2025₹342₹297₹330
6 Jun 2025₹355₹308₹331
13 Jun 2025₹367₹320₹333
20 Jun 2025₹355₹328₹335
27 Jun 2025₹346₹333₹336
4 Jul 2025₹352₹336₹337
11 Jul 2025₹351₹340₹338
18 Jul 2025₹364₹344₹339
25 Jul 2025₹340₹346₹340
1 Aug 2025₹361₹346₹340
8 Aug 2025₹353₹348₹341
14 Aug 2025₹360₹350₹342
22 Aug 2025₹363₹352₹343
29 Aug 2025₹368₹355₹344
5 Sep 2025₹363₹357₹345
12 Sep 2025₹373₹361₹346
19 Sep 2025₹375₹364₹348
26 Sep 2025₹362₹364₹349
3 Oct 2025₹349₹362₹349
10 Oct 2025₹348₹360₹349
17 Oct 2025₹350₹357₹349
24 Oct 2025₹345₹356₹349
31 Oct 2025₹351₹354₹349
7 Nov 2025₹362₹354₹349
14 Nov 2025₹330₹351₹348
21 Nov 2025₹334₹348₹347
28 Nov 2025₹331₹344₹347
5 Dec 2025₹322₹341₹346
12 Dec 2025₹314₹337₹344
19 Dec 2025₹311₹333₹343
26 Dec 2025₹310₹330₹342
2 Jan 2026₹319₹327₹340
9 Jan 2026₹321₹327₹340
16 Jan 2026₹320₹326₹339
23 Jan 2026₹296₹322₹337
1 Feb 2026₹299₹318₹335
6 Feb 2026₹300₹315₹334
13 Feb 2026₹299₹313₹332
20 Feb 2026₹312₹312₹331
27 Feb 2026₹299₹310₹330
6 Mar 2026₹294₹307₹328
13 Mar 2026₹269₹302₹326
20 Mar 2026₹273₹297₹323
27 Mar 2026₹251₹292₹321
2 Apr 2026₹261₹288₹319
10 Apr 2026₹265₹284₹316
17 Apr 2026₹284₹283₹315
24 Apr 2026₹275₹282₹313
30 Apr 2026₹272₹281₹311
8 May 2026₹333₹288₹312
15 May 2026₹291₹291₹312
22 May 2026₹292₹291₹311
29 May 2026₹295₹292₹310
4 Jun 2026₹288₹292₹309
5 Jun 2026₹285₹292₹309
10 Jun 2026₹278₹291₹308
12 Jun 2026₹283₹290₹308
17 Jun 2026₹282₹289₹307
19 Jun 2026₹284₹289₹307
24 Jun 2026₹282₹288₹306
25 Jun 2026₹280₹288₹306
1 Jul 2026₹276₹286₹305
3 Jul 2026₹277₹286₹304
10 Jul 2026₹269₹283₹303
17 Jul 2026₹266₹280₹301
24 Jul 2026₹258₹276₹299
31 Jul 2026₹271₹274₹297
7 Aug 2026₹278₹274₹296
14 Aug 2026₹272₹274₹295
21 Aug 2026₹282₹275₹294
28 Aug 2026₹276₹276₹294
4 Sep 2026₹265₹275₹292
11 Sep 2026₹257₹272₹291
18 Sep 2026₹257₹270₹289
25 Sep 2026₹261₹268₹288
28 Sep 2026₹253₹267₹288
1 Oct 2026₹255₹266₹287
9 Oct 2026₹253₹264₹285
16 Oct 2026₹250₹262₹283
23 Oct 2026₹243₹259₹282
30 Oct 2026₹242₹256₹280
5 Nov 2026₹249₹255₹279
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

Price stage: Rising from Oct 2025 to Nov 2025; Falling from Dec 2025 to Oct 2026.

Price stage: Falling from Mar 2024 to Oct 2024; Rising from Oct 2024 to Feb 2025; Falling from Feb 2025 to Jul 2025; Rising from Aug 2025 to Nov 2025; Falling from Dec 2025 to Oct 2026.

Week by week since 2024: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 43 of 132 weeks

Week by week since 2024: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
15 Mar 2024no NIFTY 500 reading
22 Mar 2024no NIFTY 500 reading
28 Mar 2024no NIFTY 500 reading
5 Apr 2024no NIFTY 500 reading
12 Apr 2024no NIFTY 500 reading
19 Apr 2024no NIFTY 500 reading
26 Apr 2024no NIFTY 500 reading
3 May 2024no NIFTY 500 reading
10 May 2024no NIFTY 500 reading
18 May 2024no NIFTY 500 reading
24 May 2024no NIFTY 500 reading
31 May 2024no NIFTY 500 reading
7 Jun 2024no NIFTY 500 reading
14 Jun 2024−27.8%
21 Jun 2024−17.3%
28 Jun 2024−18.7%
5 Jul 2024−16.1%
12 Jul 2024−15.6%
19 Jul 2024−6.5%
26 Jul 2024−6.2%
2 Aug 2024+1.3%
9 Aug 2024−2.5%
16 Aug 2024−12.4%
23 Aug 2024−8.4%
30 Aug 2024−6.1%
6 Sep 2024−9.0%
13 Sep 2024−2.4%
20 Sep 2024+1.8%
27 Sep 2024+21.3%
4 Oct 2024+19.2%
11 Oct 2024+29.8%
18 Oct 2024+44.5%
25 Oct 2024+37.2%
1 Nov 2024+36.6%
8 Nov 2024+43.9%
14 Nov 2024+43.7%
22 Nov 2024+33.6%
29 Nov 2024+33.6%
6 Dec 2024+40.7%
13 Dec 2024+25.6%
20 Dec 2024+12.4%
27 Dec 2024−2.3%
3 Jan 2025−0.9%
10 Jan 2025−8.3%
17 Jan 2025−22.1%
24 Jan 2025−16.0%
1 Feb 2025−24.2%
7 Feb 2025−28.2%
14 Feb 2025−31.1%
21 Feb 2025−21.1%
28 Feb 2025−24.8%
7 Mar 2025−24.7%
13 Mar 2025−27.8%
21 Mar 2025−24.1%
28 Mar 2025−25.0%
4 Apr 2025−18.0%
11 Apr 2025−20.0%
17 Apr 2025−20.2%
25 Apr 2025−20.2%
2 May 2025−21.8%
9 May 2025−26.2%
16 May 2025−6.5%
23 May 2025−15.4%
30 May 2025+10.4%
6 Jun 2025+8.8%
13 Jun 2025+30.5%
20 Jun 2025+16.2%
27 Jun 2025+20.2%
4 Jul 2025+13.0%
11 Jul 2025+16.6%
18 Jul 2025+23.1%
25 Jul 2025+12.4%
1 Aug 2025+29.7%
8 Aug 2025+29.1%
14 Aug 2025+18.2%
22 Aug 2025+24.8%
29 Aug 2025+7.3%
5 Sep 2025+3.2%
12 Sep 2025−0.7%
19 Sep 2025+6.2%
26 Sep 2025+7.2%
3 Oct 2025+1.0%
10 Oct 2025−0.6%
17 Oct 2025−5.4%
24 Oct 2025−2.3%
31 Oct 2025−7.1%
7 Nov 2025−2.5%
14 Nov 2025−11.9%
21 Nov 2025−13.2%
28 Nov 2025−13.9%
5 Dec 2025−12.6%
12 Dec 2025−16.1%
19 Dec 2025−20.0%
26 Dec 2025−18.5%
2 Jan 2026−12.3%
9 Jan 2026−8.1%
16 Jan 2026−4.6%
23 Jan 2026−10.7%
1 Feb 2026−13.8%
6 Feb 2026−16.7%
13 Feb 2026−8.1%
20 Feb 2026−4.3%
27 Feb 2026−4.2%
6 Mar 2026−4.8%
13 Mar 2026−7.4%
20 Mar 2026−2.3%
27 Mar 2026−6.8%
2 Apr 2026−10.4%
10 Apr 2026−13.8%
17 Apr 2026−12.0%
24 Apr 2026−6.2%
30 Apr 2026−7.9%
8 May 2026+16.1%
15 May 2026+1.8%
22 May 2026−3.0%
29 May 2026−2.1%
4 Jun 2026−2.1%
5 Jun 2026+3.2%
10 Jun 2026−3.3%
12 Jun 2026+4.8%
17 Jun 2026+3.5%
19 Jun 2026+4.7%
24 Jun 2026−1.2%
25 Jun 2026+0.8%
1 Jul 2026+0.8%
3 Jul 2026−20.4%
10 Jul 2026−11.1%
17 Jul 2026−12.1%
24 Jul 2026−13.7%
31 Jul 2026−10.4%
7 Aug 2026−7.9%
14 Aug 2026−6.6%
21 Aug 2026−4.5%
28 Aug 2026−3.8%
4 Sep 2026−7.1%
11 Sep 2026−7.6%
18 Sep 2026−7.1%
25 Sep 2026−2.4%
28 Sep 2026−2.2%
1 Oct 2026+1.1%
9 Oct 2026+1.7%
16 Oct 2026−0.2%
23 Oct 2026−1.5%
30 Oct 2026−5.2%
5 Nov 2026−1.1%
Each bar is one week, from 2024 to now (132 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 2.6 years the share price moved −34% while the NIFTY 500 moved +12%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 9 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What changed at Gopal Snacks this quarter?

Two changes stood out: indian funds and insurers (DIIs) cut their stake for 5 quarters in a row and highest quarterly revenue in 15 quarters.

  1. Indian funds and insurers (DIIs) cut their stake for 5 quarters in a row

    From 7.1% to 5% of the company by the September 2026 quarter.

  2. Highest quarterly revenue in 15 quarters

    Revenue of ₹422 crore in the June 2026 quarter is the highest of the last 15 quarters.

    Why: Sales hit a record because the company finished merging its Rajkot and Gondal plants, so production was stable and it could supply more places.

    Next results: check whether sales stay in the Rs 1,800-1,900 crore full-year range and keep growing at least 20% a year after that.

    From the earnings call on 10 Aug 2026.

What are Gopal Snacks' latest quarterly results?

For July to September 2026 (the quarter ended 30 September 2026), Gopal Snacks reported revenue of ₹462 crore, up 22.9% from ₹376 crore a year earlier, and a profit of ₹46.0 crore, up 76.9% from ₹26.0 crore.

Gopal Snacks results: July to September 2026 against a year earlier

Gopal Snacks results: July to September 2026 against a year earlier
MeasureJuly to September 2026July to September 2025Change
Revenue₹462 crore₹376 crore+22.9%
Profit₹46.0 crore₹26.0 crore+76.9%
Earnings per share₹3.68₹2.06+78.6%
Operating margin9.0%6.0%+3.0 points

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

The newest call in our records is from 10 August 2026, about April to June 2026; a call about these results is not in our records yet.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

What is the Gopal Snacks share price history?

Gopal Snacks closed at ₹249.44 on 5 November 2026, down 31.1% from ₹361.85 a year earlier (7 November 2025). Its highest weekly close since March 2024 was ₹495.60 on 8 November 2024.

Gopal Snacks share price: then and now

Gopal Snacks share price: then and now
WhenCloseChange to 5 Nov 2026
1 week ago · 30 Oct 2026₹242.10+3.0%
1 month ago · 9 Oct 2026₹253.35−1.5%
6 months ago · 8 May 2026₹333.00−25.1%
1 year ago · 7 Nov 2025₹361.85−31.1%
Earliest weekly close in our records · 15 Mar 2024₹379.15−34.2%
Highest weekly close since March 2024 · 8 Nov 2024₹495.60−49.7%
Lowest weekly close since March 2024, also the 52-week low · 30 Oct 2026₹242.10+3.0%
52-week high (weekly close) · 7 Nov 2025₹361.85−31.1%

Weekly closing prices. Each change is the move from that price to the 5 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

145 weekly closes from 15 March 2024 to 5 November 2026.

What is the latest news on Gopal Snacks?

6 Nov 2026: Coming up: ex-date for an interim dividend of ₹0.50 a share. 5 Nov 2026: Gopal Snacks closed at ₹249.44, up 3.0% on the week and down 1.5% on the month.

Earlier

  • Results for July to September 2026: Revenue up 22.9% and profit up 76.9% on a year earlier.
  • 10 Aug 2026: Gopal Snacks held its results call for April to June 2026. Management guided: FY27 revenue ₹1,800-1,900 crore; subsequent revenue growth minimum 20% yearly growth; core-market run-rate goal above ₹100 crore monthly.
  • 15 May 2026: ex-date for an interim dividend of ₹0.40 a share, record date 16 May 2026.
  • 2 Feb 2026: ex-date for an interim dividend of ₹0.35 a share.
  • 17 Nov 2025: ex-date for an interim dividend of ₹0.25 a share.

What dividend does Gopal Snacks pay?

Gopal Snacks paid ₹1 a share in regular dividends in the 12 months to 5 November 2026 (3 payments), a yield of 0.40% at the ₹249.44 close on 5 November 2026. The last was an interim dividend of ₹0.40 a share, ex-date 15 May 2026. Next: ₹0.50 a share, ex-date 6 November 2026.

Gopal Snacks dividends since 1 April 2021

Gopal Snacks dividends since 1 April 2021
Ex-dateDividend per shareTypeRecord date
6 Nov 2026 (upcoming)Interim₹0.50Interimsame day
15 May 2026Interim₹0.40Interim16 May 2026
2 Feb 2026Interim₹0.35Interimsame day
17 Nov 2025Interim₹0.25Interimsame day
22 Oct 2024Interim₹1Interimsame day
20 Sep 2024Dividend₹0.25Dividend21 Sep 2024

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

2 of 5Of the last 5 financial years, years with an NSE dividend record

Yes. Gopal Snacks Ltd paid out 17% of its profit as dividends in FY26, and it paid a dividend in 3 of its last 7 reported years.

From the NSE corporate-actions record, read 5 November 2026.

What did Gopal Snacks management say on the latest results call?

On the call for April to June 2026, held on 10 August 2026, Gopal Snacks' management guided: FY27 revenue ₹1,800-1,900 crore; subsequent revenue growth minimum 20% yearly growth; core-market run-rate goal above ₹100 crore monthly.

“The sustainable EBITDA margin that we are targeting is somewhere around 11-11.5%.”Naveen Gupta, on the call for April to June 2026

What management guided

  • FY27 operating margin 8-9% average, with exit run rate close to double digits.
  • FY28 operating margin 10-11% average, exit close to 11%, and sustainable goal around 11-11.5%.
  • FY28 profit margin around 7-7.5%.
  • Retail presence to reach 600,000 outlets by year-end; 250 distributor additions in the calendar year remain on track.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 10 August 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

What to watch in Gopal Snacks' next results?

When Gopal Snacks reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: FY27 revenue range and core-market run-rate - check whether post-April normalization sustains sequential growth.

Gopal Snacks: what to watch next quarter
What to check (from the call)
FY27 revenue range and core-market run-rate - check whether post-April normalization sustains sequential growth.
Operating margin progression - check pass-through, mix and Rajkot utilization against the stated annual and exit framework.
Remaining fire-insurance proceeds expected in Q2 - check receipt timing and any further delay.
Retail touchpoints, double service and Nagpur utilization - check whether distribution rollout converts into throughput.

Which stock lists is Gopal Snacks on?

Gopal Snacks is on one of our India lists: 52 week high & low.

Is Gopal Snacks profitable?

Gopal Snacks Ltd earned ₹46.0 Cr of net profit in the Sep 2026 quarter, +76.9% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹74.0 Cr. Over 6 years profit has grown 9.1% a year on average. That is 10.0% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹26.0 Cr. 1 of the last 12 reported quarters were loss-making.

For the full year, FY26 profit was ₹74.0 Cr (+289.5% on the year before).

FY26 profit ₹74.0 Cr (+289.5% on the year before), 9.1% a year over 6 years

  • Net profit ₹74.0
FY26 profit ₹74.0 Cr (+289.5% on the year before), 9.1% a year over 6 years
QuarterNet profit
FY20₹44
FY21₹21
FY22₹42
FY23₹112
FY24₹100
FY25₹19
FY26₹74

Growth on a year earlier

  • Growth on a year earlier 289.5%
Growth on a year earlier
QuarterGrowth on a year earlier
FY20–
FY21−52.3%
FY22100%
FY23166.7%
FY24−10.7%
FY25−81%
FY26289.5%
Top: net profit each year, ₹ Cr. Below: growth on the year before, %. 7-year window. A grey bar is lower than the year before.

Sep 2026: ₹46.0 Cr (+76.9% on a year earlier), the 2nd quarter in a row of growth

  • Net profit (quarterly) ₹46.0
Sep 2026: ₹46.0 Cr (+76.9% on a year earlier), the 2nd quarter in a row of growth
QuarterNet profit (quarterly)
Dec 2023₹18
Mar 2024₹26
Jun 2024₹24
Sep 2024₹29
Dec 2024₹5
Mar 2025−₹40
Jun 2025₹3
Sep 2025₹26
Dec 2025₹15
Mar 2026₹30
Jun 2026₹13
Sep 2026₹46

Growth on a year earlier

  • Growth on a year earlier 76.9%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 2023−45.5%
Mar 2024−3.7%
Jun 2024−14.3%
Sep 20247.4%
Dec 2024−72.2%
Mar 2025−253.8%
Jun 2025−87.5%
Sep 2025−10.3%
Dec 2025200%
Mar 2026–
Jun 2026333.3%
Sep 202676.9%
Top: net profit each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +22.9% on a year earlier and the margin moved +3.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +203.4% and revenue +21.3%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

How much revenue does Gopal Snacks make, and is it growing?

Gopal Snacks Ltd reported ₹462 Cr of revenue in the Sep 2026 quarter, +22.9% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 6 years it has grown 9.3% a year on average. The last full year, FY26, came in at ₹1,508 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,695 Cr.

FY26 revenue was ₹1,508 Cr, +2.7% on the year before.

FY26 revenue ₹1,508 Cr (+2.7% on the year before), 9.3% a year over 6 years

  • Revenue ₹1,508
FY26 revenue ₹1,508 Cr (+2.7% on the year before), 9.3% a year over 6 years
QuarterRevenue
FY20₹886
FY21₹1,128
FY22₹1,351
FY23₹1,394
FY24₹1,402
FY25₹1,468
FY26₹1,508

Growth on a year earlier

  • Growth on a year earlier 2.7%
Growth on a year earlier
QuarterGrowth on a year earlier
FY20–
FY2127.3%
FY2219.8%
FY233.2%
FY240.6%
FY254.7%
FY262.7%
Top: revenue each year, ₹ Cr. Below: growth on the year before, %. 7-year window. A grey bar is lower than the year before.

Sep 2026: ₹462 Cr (+22.9% on a year earlier), the 4th quarter in a row of growth

  • Revenue (quarterly) ₹462
Sep 2026: ₹462 Cr (+22.9% on a year earlier), the 4th quarter in a row of growth
QuarterRevenue (quarterly)
Dec 2023₹368
Mar 2024₹359
Jun 2024₹354
Sep 2024₹403
Dec 2024₹394
Mar 2025₹317
Jun 2025₹322
Sep 2025₹376
Dec 2025₹401
Mar 2026₹410
Jun 2026₹422
Sep 2026₹462

Growth on a year earlier

  • Growth on a year earlier 22.9%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 20231.4%
Mar 20248.1%
Jun 202411.3%
Sep 202412.6%
Dec 20247.1%
Mar 2025−11.7%
Jun 2025−9%
Sep 2025−6.7%
Dec 20251.8%
Mar 202629.3%
Jun 202631.1%
Sep 202622.9%
Top: revenue each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +21.3% on average, against 9.3% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +20.3%, against +6.9% a year over the last 8 quarters (accelerating).

How much of every ₹100 of sales does Gopal Snacks keep?

Gopal Snacks Ltd's operating margin was 9.0% in the Sep 2026 quarter, 3.0 percentage points higher than the same quarter a year ago. Across 7 years it has been between 5.0% and 14.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +2.6 percentage points on the year while gross margin changed +0.7 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

FY26: 7.0%, within a range of 5.0% to 14.0% over 7 years

  • Operating margin 7.0%
FY26: 7.0%, within a range of 5.0% to 14.0% over 7 years
QuarterOperating margin
FY2010%
FY215%
FY227%
FY2314%
FY2412%
FY257%
FY267%

Change on the year before (points)

  • Change on the year before (points) 0.0 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY20–
FY21−5.0 pts
FY22+2.0 pts
FY23+7.0 pts
FY24−2.0 pts
FY25−5.0 pts
FY260.0 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 7-year window.

Sep 2026: operating margin 9.0% (+3.0 points on a year earlier)

  • Operating margin 9.0%
Sep 2026: operating margin 9.0% (+3.0 points on a year earlier)
QuarterOperating margin
Dec 202310%
Mar 202411%
Jun 202412%
Sep 202412%
Dec 20243.9%
Mar 20250.6%
Jun 20254.7%
Sep 20256%
Dec 20258%
Mar 20268%
Jun 20267%
Sep 20269%

Change on a year earlier (points)

  • Change on a year earlier (points) +3.0 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Dec 2023−6.0 pts
Mar 2024−2.0 pts
Jun 2024−3.0 pts
Sep 2024−1.0 pts
Dec 2024−6.1 pts
Mar 2025−10.4 pts
Jun 2025−7.3 pts
Sep 2025−6.0 pts
Dec 2025+4.1 pts
Mar 2026+7.4 pts
Jun 2026+2.3 pts
Sep 2026+3.0 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Gopal Snacks' profit turning into cash?

Over the last 3 years, 95% of Gopal Snacks Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹46.0 Cr of operating cash against ₹74.0 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹149 Cr of spending on assets, free cash was −₹103 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash ₹46.0 Cr against profit ₹74.0 Cr; 95% of 3 years' profit came in as cash

  • Operating cash ₹46.0
  • Net profit ₹74.0
  • Free cash −₹103
FY26: operating cash ₹46.0 Cr against profit ₹74.0 Cr; 95% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY20₹56₹44–
FY21₹22₹21−₹57
FY22₹59₹42−₹14
FY23₹122₹112₹97
FY24₹69₹100₹39
FY25₹68₹19₹3
FY26₹46₹74−₹103
Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 7-year window, yearly figures.

FY26: operating cash was 62% of profit (95% over three years)

  • Operating cash as % of profit 62%
  • Break-even line 100%
FY26: operating cash was 62% of profit (95% over three years)
QuarterOperating cash as % of profitBreak-even line
FY20127%100%
FY21105%100%
FY22140%100%
FY23109%100%
FY2469%100%
FY25300%100%
FY2662%100%
Operating cash as a share of net profit, each year, % (line). The flat line marks 100%, meaning all of the profit came in as cash; unusual years are drawn at the edge.

Why 95% of profit came in as cash: the cash cycle got 64 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 2.3× depreciation over three years. The next section checks what that spending is building.

Where does Gopal Snacks' cash go?

Gopal Snacks Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 66 days in FY26, up from 2 days in FY21. It spent ₹244 Cr on assets over the last 3 years. Customers take 14 days to pay, and stock sits for 64 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,508 Cr, each day of that cycle ties up about ₹4.1 Cr, so roughly ₹273 Cr is tied up in the business at any time.

FY26: customers took 14 days to pay and stock sat for 64 days, about 2.1 months of sales sitting as stock, for a full cycle of 66 days, longer than FY21's 2.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 64 days. Customers pay about 14 days after that. Suppliers are paid at 11 days. Together that makes the 66-day cycle.

FY26: a 66-day cash cycle, +64 days compared with FY21

  • Cash cycle 66d
  • Inventory days 64d
  • Debtor days 14d
  • Payable days 11d
FY26: a 66-day cash cycle, +64 days compared with FY21
QuarterCash cycleInventory daysDebtor daysPayable days
FY2021d34d1d15d
FY212d–2d–
FY2231d30d4d2d
FY2352d53d3d3d
FY2475d75d8d8d
FY2551d51d6d6d
FY2666d64d14d11d
Debtor days, inventory days, payable days and the full cash cycle, each year. 7-year window.

Spending on assets: ₹244 Cr over the last 3 years, against ₹108 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹79.0 Cr (FY26): assets paid for that are not earning yet.

FY26: capex ₹149 Cr, work in progress ₹79.0 Cr, a build-out

  • Capex ₹149
  • Work-in-progress ₹79.0
FY26: capex ₹149 Cr, work in progress ₹79.0 Cr, a build-out
QuarterCapexWork-in-progress
FY21₹79₹43
FY22₹73₹47
FY23₹25₹10
FY24₹30₹13
FY25₹65₹46
FY26₹149₹79
Capital spending each year, ₹ Cr, with work in progress, ₹ Cr, as the line. Quarterly capital-spending figures are not available for India, so this is yearly.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Gopal Snacks' P/E ratio, and how does it compare with its own history?

Gopal Snacks Ltd's P/E is 48.2×, near the low end of its own history: it has been lower only 33% of the time. Its usual P/E (the middle reading) is 61.7×, over 2.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

P/E 48.2× against a usual 61.7×: near the low end of its own history: it has been lower only 33% of the time

  • P/E 48.2×
  • Median 61.7×
P/E 48.2× against a usual 61.7×: near the low end of its own history: it has been lower only 33% of the time
WeekP/EMedian
15 Mar 202442.1×61.7×
22 Mar 202440.6×61.7×
28 Mar 202439.7×61.7×
5 Apr 202443.1×61.7×
12 Apr 202440.6×61.7×
19 Apr 202439.0×61.7×
26 Apr 202439.2×61.7×
3 May 202439.3×61.7×
10 May 202441.3×61.7×
18 May 202442.9×61.7×
24 May 202441.2×61.7×
31 May 202439.6×61.7×
7 Jun 202442.1×61.7×
14 Jun 202440.5×61.7×
21 Jun 202443.2×61.7×
28 Jun 202441.3×61.7×
5 Jul 202440.9×61.7×
12 Jul 202440.2×61.7×
19 Jul 202442.8×61.7×
26 Jul 202443.8×61.7×
2 Aug 202446.3×61.7×
9 Aug 202446.0×61.7×
16 Aug 202443.7×61.7×
23 Aug 202444.1×61.7×
30 Aug 202444.1×61.7×
6 Sep 202443.1×61.7×
13 Sep 202444.4×61.7×
20 Sep 202449.8×61.7×
27 Sep 202454.9×61.7×
4 Oct 202452.0×61.7×
11 Oct 202455.3×61.7×
18 Oct 202460.6×61.7×
25 Oct 202457.6×61.7×
1 Nov 202462.5×61.7×
8 Nov 202463.5×61.7×
14 Nov 202459.2×61.7×
22 Nov 202456.2×61.7×
29 Nov 202456.7×61.7×
6 Dec 202459.2×61.7×
13 Dec 202453.0×61.7×
20 Dec 202451.1×61.7×
27 Dec 202448.5×61.7×
3 Jan 202547.7×61.7×
10 Jan 202545.0×61.7×
17 Jan 202543.4×61.7×
24 Jan 202544.6×61.7×
1 Feb 202544.0×61.7×
7 Feb 202542.7×61.7×
14 Feb 202542.9×61.7×
21 Feb 202544.5×61.7×
28 Feb 202541.0×61.7×
7 Mar 202542.2×61.7×
13 Mar 202538.5×61.7×
21 Mar 202541.5×61.7×
28 Mar 202539.0×61.7×
4 Apr 202540.3×61.7×
11 Apr 202541.0×61.7×
17 Apr 202541.7×61.7×
25 Apr 202542.8×61.7×
2 May 202540.2×61.7×
9 May 202540.0×61.7×
16 May 202544.2×61.7×
23 May 202554.7×61.7×
30 May 202564.5×61.7×
6 Jun 202566.9×61.7×
13 Jun 202569.1×61.7×
20 Jun 202566.8×61.7×
27 Jun 202565.2×61.7×
4 Jul 202566.3×61.7×
11 Jul 202566.2×61.7×
18 Jul 202568.5×61.7×
25 Jul 202564.0×61.7×
1 Aug 202568.0×61.7×
8 Aug 202599.2×61.7×
14 Aug 2025101.4×61.7×
22 Aug 2025102.0×61.7×
29 Aug 2025103.5×61.7×
5 Sep 2025102.0×61.7×
12 Sep 2025104.9×61.7×
19 Sep 2025105.5×61.7×
26 Sep 2025101.9×61.7×
3 Oct 202598.1×61.7×
10 Oct 202597.9×61.7×
17 Oct 202598.3×61.7×
24 Oct 202597.2×61.7×
31 Oct 202598.8×61.7×
7 Nov 2025101.8×61.7×
14 Nov 2025162.4×61.7×
21 Nov 2025162.4×61.7×
28 Nov 2025162.4×61.7×
5 Dec 2025158.8×61.7×
12 Dec 2025154.6×61.7×
19 Dec 2025153.3×61.7×
26 Dec 2025152.9×61.7×
2 Jan 2026157.4×61.7×
9 Jan 2026158.4×61.7×
16 Jan 2026157.6×61.7×
23 Jan 2026145.9×61.7×
1 Feb 2026105.3×61.7×
6 Feb 2026105.8×61.7×
13 Feb 2026105.4×61.7×
20 Feb 2026109.7×61.7×
27 Feb 2026105.1×61.7×
6 Mar 2026103.5×61.7×
13 Mar 202694.9×61.7×
20 Mar 202696.2×61.7×
27 Mar 202688.4×61.7×
2 Apr 202692.0×61.7×
10 Apr 202693.3×61.7×
17 Apr 202699.9×61.7×
24 Apr 202696.8×61.7×
30 Apr 202695.7×61.7×
8 May 2026117.2×61.7×
15 May 202681.3×61.7×
22 May 202681.7×61.7×
29 May 202682.7×61.7×
4 Jun 202680.6×61.7×
5 Jun 202679.7×61.7×
10 Jun 202678.0×61.7×
12 Jun 202679.3×61.7×
17 Jun 202679.0×61.7×
19 Jun 202679.4×61.7×
24 Jun 202679.0×61.7×
25 Jun 202678.4×61.7×
1 Jul 202677.3×61.7×
3 Jul 202677.4×61.7×
10 Jul 202675.2×61.7×
17 Jul 202674.3×61.7×
24 Jul 202672.3×61.7×
31 Jul 202675.7×61.7×
7 Aug 202663.0×61.7×
14 Aug 202661.7×61.7×
21 Aug 202664.0×61.7×
28 Aug 202662.6×61.7×
4 Sep 202660.1×61.7×
11 Sep 202658.4×61.7×
18 Sep 202658.2×61.7×
25 Sep 202659.2×61.7×
28 Sep 202657.5×61.7×
1 Oct 202657.8×61.7×
9 Oct 202657.5×61.7×
16 Oct 202656.8×61.7×
23 Oct 202655.1×61.7×
30 Oct 202654.9×61.7×
5 Nov 202648.2×61.7×

Earnings per share, 12 months

  • Earnings per share, 12 months ₹5
Earnings per share, 12 months
WeekEarnings per share, 12 months
15 Mar 2024–
22 Mar 2024–
28 Mar 2024₹9
5 Apr 2024₹9
12 Apr 2024₹9
19 Apr 2024₹9
26 Apr 2024₹9
3 May 2024₹9
10 May 2024₹9
18 May 2024₹9
24 May 2024₹9
31 May 2024₹9
7 Jun 2024₹9
14 Jun 2024₹9
21 Jun 2024₹9
28 Jun 2024₹8
5 Jul 2024₹8
12 Jul 2024₹8
19 Jul 2024₹8
26 Jul 2024₹8
2 Aug 2024₹8
9 Aug 2024₹8
16 Aug 2024₹8
23 Aug 2024₹8
30 Aug 2024₹8
6 Sep 2024₹8
13 Sep 2024₹8
20 Sep 2024₹8
27 Sep 2024₹8
4 Oct 2024₹8
11 Oct 2024₹8
18 Oct 2024₹8
25 Oct 2024₹8
1 Nov 2024₹8
8 Nov 2024₹8
14 Nov 2024₹8
22 Nov 2024₹8
29 Nov 2024₹8
6 Dec 2024₹8
13 Dec 2024₹8
20 Dec 2024₹8
27 Dec 2024₹8
3 Jan 2025₹8
10 Jan 2025₹8
17 Jan 2025₹8
24 Jan 2025₹8
1 Feb 2025₹8
7 Feb 2025₹8
14 Feb 2025₹8
21 Feb 2025₹8
28 Feb 2025₹8
7 Mar 2025₹8
13 Mar 2025₹8
21 Mar 2025₹8
28 Mar 2025₹7
4 Apr 2025₹7
11 Apr 2025₹7
17 Apr 2025₹7
25 Apr 2025₹7
2 May 2025₹7
9 May 2025₹7
16 May 2025₹7
23 May 2025₹7
30 May 2025₹7
6 Jun 2025₹7
13 Jun 2025₹7
20 Jun 2025₹7
27 Jun 2025₹5
4 Jul 2025₹5
11 Jul 2025₹5
18 Jul 2025₹5
25 Jul 2025₹5
1 Aug 2025₹5
8 Aug 2025₹5
14 Aug 2025₹5
22 Aug 2025₹5
29 Aug 2025₹5
5 Sep 2025₹5
12 Sep 2025₹5
19 Sep 2025₹5
26 Sep 2025₹4
3 Oct 2025₹4
10 Oct 2025₹4
17 Oct 2025₹4
24 Oct 2025₹4
31 Oct 2025₹4
7 Nov 2025₹4
14 Nov 2025₹4
21 Nov 2025₹4
28 Nov 2025₹4
5 Dec 2025₹4
12 Dec 2025₹4
19 Dec 2025₹4
26 Dec 2025₹2
2 Jan 2026₹2
9 Jan 2026₹2
16 Jan 2026₹2
23 Jan 2026₹2
1 Feb 2026₹2
6 Feb 2026₹2
13 Feb 2026₹2
20 Feb 2026₹2
27 Feb 2026₹2
6 Mar 2026₹2
13 Mar 2026₹2
20 Mar 2026₹2
27 Mar 2026₹3
2 Apr 2026₹3
10 Apr 2026₹3
17 Apr 2026₹3
24 Apr 2026₹3
30 Apr 2026₹3
8 May 2026₹3
15 May 2026₹3
22 May 2026₹3
29 May 2026₹3
4 Jun 2026₹3
5 Jun 2026₹3
10 Jun 2026₹3
12 Jun 2026₹3
17 Jun 2026₹3
19 Jun 2026₹3
24 Jun 2026₹3
25 Jun 2026₹4
1 Jul 2026₹4
3 Jul 2026₹4
10 Jul 2026₹4
17 Jul 2026₹4
24 Jul 2026₹4
31 Jul 2026₹4
7 Aug 2026₹4
14 Aug 2026₹4
21 Aug 2026₹4
28 Aug 2026₹4
4 Sep 2026₹4
11 Sep 2026₹4
18 Sep 2026₹4
25 Sep 2026₹4
28 Sep 2026₹4
1 Oct 2026₹4
9 Oct 2026₹4
16 Oct 2026₹4
23 Oct 2026₹4
30 Oct 2026₹4
5 Nov 2026₹5
Top: P/E each week. Below: earnings per share, trailing twelve months, leaving out one-off items, a step line that moves once a quarter; 2.6 years of history; short peaks above 162× are drawn at the top edge.
48.2×P/E · lower than 67% of its last 2.6 years
0.80PEG · today, derived from 3-year earnings growth

Why the multiple is where it is: over the past year earnings per share moved +288.8% while the price moved −31.1%. Earnings did better than the price, which pulled the multiple down within its own range.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Is the Gopal Snacks business getting better or worse?

Gopal Snacks Ltd's business is getting better. Profit growth hit its low 5 quarters ago at −87.5% and has recovered to +76.9% (from single-quarter figures), with ROCE rising at 26.0%. This is based on 11 quarters of 3 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +2.7% in FY26, profit +289.5%

  • Revenue growth 2.7%
Growth year by year: revenue +2.7% in FY26, profit +289.5%
QuarterRevenue growth
FY20–
FY2127.3%
FY2219.8%
FY233.2%
FY240.6%
FY254.7%
FY262.7%

Profit growth, EPS growth

  • Profit growth 289.5%
  • EPS growth 288.8%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY20––
FY21−52.3%−52.1%
FY22100%96.5%
FY23166.7%170.1%
FY24−10.7%−11.4%
FY25−81%−81%
FY26289.5%288.8%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue accelerating

  • Revenue 20.3%
Three growth lines over twelve quarters: revenue accelerating
QuarterRevenue
Dec 2023–
Mar 2024–
Jun 2024–
Sep 20248.2%
Dec 20249.7%
Mar 20254.6%
Jun 2025−0.2%
Sep 2025−5.1%
Dec 2025−6.2%
Mar 20262.8%
Jun 202612%
Sep 202620.3%

Profit, EPS

  • Profit 76.9%
  • EPS 285.6%
Profit, EPS
QuarterProfitEPS
Dec 2023−45.5%–
Mar 2024−3.7%–
Jun 2024−14.3%–
Sep 20247.4%−78.2%
Dec 2024−72.2%−15.9%
Mar 2025−253.8%−80.9%
Jun 2025−87.5%−102.9%
Sep 2025−10.3%−106.1%
Dec 2025200%−95.1%
Mar 2026–285.6%
Jun 2026300%–
Sep 202676.9%–
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. Where the 12-month history is short, the line uses single-quarter growth instead, which is noisier; extreme jumps from a tiny base are evened out before reading. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 26%
ROCE: the return line, worked out each quarter
QuarterROCE
Dec 202336.8%
Mar 202435.2%
Jun 202433.7%
Sep 202431.5%
Dec 202426.8%
Mar 20257.6%
Jun 20251.2%
Sep 20250.4%
Dec 20253.1%
Mar 202623%
Jun 202626%
Sep 2026–
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
RisingRevenue growth · latest +20.3%, range −6.2% to +20.3%
FlatProfit growth · latest +76.9%, range −100.0% to +100.0%
RisingROCE · latest 26.0%, range 0.4% to 36.8%

Why it matters: a lasting rise from a low is what this page is built to show.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+2.7%+2.7%+6.0%—
Profit+289.5%−12.9%+28.6%—
EPS+288.8%−13.1%+28.3%—
Share price−31.1%———
+22.9%Revenue growth (Sep 2026) · latest quarter against a year ago
+76.9%Profit growth (Sep 2026) · latest quarter against a year ago
9.3%Revenue, 6 years · yearly growth over the long run

How much does Gopal Snacks earn on its capital?

Gopal Snacks Ltd earned a ROCE of 12% in FY26. Its return on capital used (ROIC) is 1.6 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 4.9% net margin and 2.11× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 4.9% net margin × 2.11× asset turnover × 1.50× leverage (assets divided by equity) ≈ 15.5% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 10.4% − 12.0% = −1.6 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

The 10.4% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 8.4%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY26: ROCE 12%, the full history

  • ROCE 12%
  • ROIC (annual) 8.4%
  • Cost of capital 12%
FY26: ROCE 12%, the full history
QuarterROCEROIC (annual)Cost of capital
FY2116%–12%
FY2222%15.9%12%
FY2344%33%12%
FY2432%24.9%12%
FY2516%11.2%12%
FY2612%8.4%12%
Return on capital employed each year, % (line); ROIC each year, % (line). 6-year window, low years included. The flat line is the 12.0% cost of capital used on this page.

Q4 FY26: ROCE 12.2% (last 12 months) against a 12.0% cost of capital

  • ROCE (12 months) 12.2%
  • ROIC (12 months) 9%
  • Cost of capital 12.0%
Q4 FY26: ROCE 12.2% (last 12 months) against a 12.0% cost of capital
QuarterROCE (12 months)ROIC (12 months)Cost of capital
Q4 FY2343.6%–12%
Q2 FY2441.5%–12%
Q4 FY2431.7%–12%
Q1 FY25––12%
Q2 FY2527.2%–12%
Q3 FY25––12%
Q4 FY2517.2%19.3%12%
Q1 FY26–12.1%12%
Q2 FY265.1%7.2%12%
Q3 FY26–2.8%12%
Q4 FY2612.2%4.9%12%
Q1 FY27–9%12%
ROCE and ROIC over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Gopal Snacks have too much debt?

Gopal Snacks Ltd has total debt of ₹154 Cr against shareholder equity of ₹479 Cr as of Jun 2026, so its debt is 0.32× its equity. Year by year, that ratio went from 0.37 in FY23 to 0.32 in FY26. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY26: debt ₹154 Cr, 0.32× equity

  • Total debt ₹154
FY26: debt ₹154 Cr, 0.32× equity
QuarterTotal debt
FY23₹108
FY24₹67
FY25₹67
FY26₹154

Debt-to-equity

  • Debt-to-equity 0.32×
Debt-to-equity
QuarterDebt-to-equity
FY230.37×
FY240.17×
FY250.17×
FY260.32×
Top: total debt each year, ₹ Cr. Below: debt-to-equity, ×. 4-year window.

Jun 2026: debt ₹154 Cr, debt-to-equity 0.32

  • Total debt (quarterly) ₹154
Jun 2026: debt ₹154 Cr, debt-to-equity 0.32
QuarterTotal debt (quarterly)
Mar 2023₹108
Sep 2023₹26
Mar 2024₹67
Jun 2024₹67
Sep 2024₹6
Dec 2024₹6
Mar 2025₹67
Jun 2025₹67
Sep 2025₹65
Dec 2025₹65
Mar 2026₹154
Jun 2026₹154

Debt-to-equity

  • Debt-to-equity 0.32×
Debt-to-equity
QuarterDebt-to-equity
Mar 20230.37×
Sep 20230.08×
Mar 20240.17×
Jun 20240.17×
Sep 20240.01×
Dec 20240.01×
Mar 20250.17×
Jun 20250.17×
Sep 20250.15×
Dec 20250.15×
Mar 20260.32×
Jun 20260.32×
Top: total debt each quarter, ₹ Cr. Below: debt-to-equity, ×. Last 12 quarters. Indian companies report the full balance sheet every six months, so the quarter in between repeats the last reading.

What is the Gopal Snacks shareholding pattern?

Foreign institutions cut their stake in Gopal Snacks Ltd by 1.2 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 1.0% of the company. Domestic institutions moved −0.6 points over the same period, to 5.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Foreign institutions: −1.2 points over 8 quarters, to 1.0%; Domestic institutions: −0.6 points over 8 quarters, to 5.0%; Promoters: +0.0 points over 8 quarters, to 81.5%.

Why the owners changed: foreign institutions drove it (−1.2 points), together with domestic institutions (−0.6 points). They reduced their stake.

Year ends: the public +2.9 points from Mar 2024 to Mar 2026

  • Promoters 81.46%
  • Foreign inst. 0.71%
  • Domestic inst. 6.28%
  • Public 11.56%
Year ends: the public +2.9 points from Mar 2024 to Mar 2026
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202481.48%3.18%6.7%8.63%
Mar 202581.47%1.57%7.01%9.95%
Mar 202681.46%0.71%6.28%11.56%
Shareholding at each year end (March quarter), % of the company. 3 year ends on file.

Foreign institutions cut their stake by 1.2 points over 8 quarters

  • Promoters 81.45%
  • Foreign inst. 1.04%
  • Domestic inst. 5.03%
  • Public 12.48%
Foreign institutions cut their stake by 1.2 points over 8 quarters
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202481.48%3.18%6.7%8.63%
Jun 202481.48%2.2%6.85%9.46%
Sep 202481.48%2.26%5.64%10.6%
Dec 202481.48%1.64%6.52%10.37%
Mar 202581.47%1.57%7.01%9.95%
Jun 202581.47%1.42%7.11%10.01%
Sep 202581.47%0.94%6.71%10.88%
Dec 202581.47%0.82%6.3%11.39%
Mar 202681.46%0.71%6.28%11.56%
Jun 202681.45%0.75%5.68%12.1%
Sep 202681.45%1.04%5.03%12.48%
Shareholding by owner group, % of the company, each quarter, last 11 quarters.

How far is Gopal Snacks from balance-sheet trouble?

For Gopal Snacks Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does Gopal Snacks rank in its industry?

58.7 out of 100, rank 1 of 3 in FMCG - Snacks, with 97% of the evidence available.

Gopal Snacks Ltd scores 58.7 out of 100 against the 3 companies it is compared with in FMCG - Snacks, ranking 1. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 31.9 + 8.8 + 7.1 + 10.9 = 58.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Gopal Snacks compared with?

Gopal Snacks ranks 1 of 3 FMCG - Snacks companies on the 4-Factor Sector Score, with 58.7 out of 100.

  1. 1Gopal Snacks Ltd this pageGOPAL · quiet · Evidence leans up · 97% evidence58.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 31.9/35 · Revenue 12.1% · Profit 100% · Operating margin change 3 points · 100% evidenceCapital efficiency 8.8/25 · ROCE 11.7% · Operating margin 9% · 100% evidenceValuation 7.1/20 · P/E 48.2× · PEG 2.41 · 85% evidenceRelative strength 10.9/20 · Lead over its industry 0.5% · Lead over NIFTY 500 -11.3% · 1 year -31.1% · 100% evidence · 0 of 12 weeks aheadExact sum: 31.9 + 8.8 + 7.1 + 10.9 = 58.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  2. 2Bikaji Foods International LtdBIKAJI · quiet · Evidence leans up · 93% evidence52.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.0/35 · Revenue 13.9% · Profit 30.1% · Operating margin change -2 points · 88% evidenceCapital efficiency 18.3/25 · ROCE 19.8% · Operating margin 13% · 100% evidenceValuation 11.9/20 · P/E 43.3× · PEG 2.04 · 85% evidenceRelative strength 0.0/20 · Lead over its industry -15.7% · Lead over NIFTY 500 -25.6% · 1 year -38.2% · 100% evidence · 0 of 12 weeks aheadExact sum: 22 + 18.3 + 11.9 + 0 = 52.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3Prataap Snacks LtdDIAMONDYD · quiet · Evidence leans down · 72% evidence47.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.0/35 · Revenue 13.6% · Profit 100% · Operating margin change -2.9 points · 100% evidenceCapital efficiency 5.6/25 · ROCE 0.9% · Operating margin 2.4% · 100% evidenceValuation 7.3/20 · P/E 654× · PEG — · 35% evidenceRelative strength 10.7/20 · Lead over its industry — · Lead over NIFTY 500 1.5% · 1 year -3.5% · 25% evidence · 2 of 12 weeks aheadExact sum: 24 + 5.6 + 7.3 + 10.7 = 47.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: FMCG - Snacks, all 3 compared on one page.

Which companies are close to Gopal Snacks in size?

Gopal Snacks is the 2nd largest of 3 FMCG - Snacks companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Bikaji Foods International. Just below it: Prataap Snacks.

FMCG - Snacks companies close in size

  1. Bikaji Foods International Ltd ₹11,317 crore
  2. Gopal Snacks Ltd ₹3,110 crore
  3. Prataap Snacks Ltd ₹2,511 crore

All 3 FMCG - Snacks companies, largest first

Companies close in size in other industries

  1. Solara Active Pharma Sciences Ltd ₹3,120 crore · Pharma - API & CRAMS
  2. Wonderla Holidays Ltd ₹3,118 crore · Amusement Parks
  3. Gopal Snacks Ltd ₹3,110 crore
  4. Runwal Enterprises Ltd ₹3,094 crore
  5. Ind-Swift Laboratories Ltd ₹3,093 crore · Pharma - API

What else do people ask about Gopal Snacks?

What were Gopal Snacks's latest quarterly results?

Gopal Snacks Ltd reported revenue of ₹462 Cr and net profit of ₹46.0 Cr for the Sep 2026 quarter. Revenue rose 22.9% and profit rose 76.9% compared with a year earlier. Earnings per share were ₹3.68.

The operating margin was 9.0%, 3.0 percentage points higher than a year earlier (as of 5 November 2026).

What is Gopal Snacks's market cap?

Gopal Snacks Ltd's market capitalisation is ₹3,110 Cr at a share price of ₹249.44. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 5 November 2026).

How is Gopal Snacks performing?

Gopal Snacks Ltd's share price has been falling for 48 weeks. In its latest quarter, revenue rose 22.9% and profit rose 76.9% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 4 weeks running (as of 5 November 2026).

Will Gopal Snacks's share price go up?

This page does not forecast Gopal Snacks Ltd's share price. What it shows instead: the share price is ₹249.44, and it has been falling for 48 weeks. Its P/E of 48.2× is higher than 33% of its own last 3 years (as of 5 November 2026).

Does Gopal Snacks have too much debt?

Gopal Snacks Ltd has a moderate amount of debt: its debt is 0.32× its equity, and its operating profit is 14 times its interest bill. FY26 borrowings were ₹154 Cr against equity of ₹478 Cr.

Keep that borrowing in mind when reading the returns on this page (as of 5 November 2026).

Where is Gopal Snacks in its business cycle?

Gopal Snacks Ltd's FY26 operating margin was 7.0%, against a 7-year range of 5.0% to 14.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 9.0%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 5 November 2026).

What could break the Gopal Snacks story?

The main question: yearly earnings per share moved +288.8% while the share price moved −31.1%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 5 November 2026).

Is Gopal Snacks a stock worth studying right now?

What the numbers show: Gopal Snacks Ltd's earnings have grown faster than its share price. Earnings per share grew +288.8% in a year while the price moved −31.1%. The main open question: whether the price catches up with earnings that have already grown.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 5 November 2026).

Is there a Gopal Snacks share price forecast for 2026?

What management itself guided: FY27 revenue ₹1,800-1,900 crore; subsequent revenue growth minimum 20% yearly growth; core-market run-rate goal above ₹100 crore monthly.

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 5 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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