Gopal Snacks Management Guidance Tracker

8 forward-looking guidance items tracked across 2 quarters.

Revenue

Q3 FY26FY27 revenue guidance of ₹1,800-1,850 croreTracked

Management expects FY27 revenue in the range of ₹1,800-1,850 crore, implying ~20% growth over estimated FY26 revenue of ~₹1,500 crore.

Q4 FY26FY27 Revenue Delta of ₹330-350 croreTracked

Management expects incremental revenue of ₹330-350 crore in FY27, driven by Gujarat (₹170-180 crore), focus states (₹125-130 crore), and other channels (₹35 crore).

Margins

Q3 FY26FY27 EBITDA margin guidance of 8-9% with exit rate near double-digitTracked

Management guided FY27 EBITDA margin between 8-9% on an annualized basis, with exit rate close to double-digit by Q4 FY27.

Q4 FY26FY27 EBITDA Margin Guidance of 8-9%Tracked

Management reiterated EBITDA margin guidance of 8-9% for FY27, with exit run rate near double digits, supported by operational leverage and Rajkot plant benefits.

Expansion

Q3 FY26Add 250-300 new distributors in calendar 2025Active

Management aims to add one net new distributor every working day, totaling 250-300 additions in CY25, primarily in non-Gujarat markets.

Growth

Q3 FY26Wafer category recovery with restart of bundling activity from Feb 1Active

Management plans to restart bundling activity for wafers from February 1, 2026, aiming to reverse the degrowth in the wafer segment.

Q4 FY26Advertisement Spend to Increase to 2.2-2.3% of SalesTracked

Advertisement spend is projected to rise from 1.7% in FY26 to 2.2-2.3% in FY27 to support brand building.

Capex

Q4 FY26Capex of ₹42-45 crore for FY27Tracked

Capital expenditure for FY27 is planned at ₹42-45 crore, primarily for maintenance and corporate office building at Rajkot.