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Gopal Snacks

Gopal Snacks

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About

Highlights

Performing rate for the company

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

Quarterly Results ( Figures in Rs. Crores.)

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Profit & Loss ( Figures in Rs. Crores.)

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Balance Sheet ( Figures in Rs. Crores.)

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Historical Growths

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Major Shareholders

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Shareholders more than 1%

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Documents

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Overview

Gopal Snacks is primarily engaged in the business of manufacturing and sale of namkeen, gathiya, papad, western snacks such as wafers, corn snacks and snack pellets. The company offers a wide variety of savoury products under its brand ‘Gopal’, including ethnic snacks such as namkeen and gathiya, western snacks such as wafers, extruded snacks and snack pellets, along with fast-moving consumer goods that include papad, spices, gram flour or besan, noodles, rusk and soan papdi. Over the years, the company has leveraged its experience and understanding of the preferences and tastes of its consumers, and target markets to develop a wide range of products, which has enabled it to strengthen its foothold in the Indian snacks industry.

The company has expanded its footprint across India, with its products being sold over many locations. It also relies on channels such as ecommerce, modern trade and exports for sale of its products. It has implemented a distribution management system that helps it coordinate with its distributors and provides visibility on its inventory levels and distributor sales, enabling it to optimise its distribution network. It also offers real-time insights on demand for its products, allowing it to make data-driven decisions, plan its operations and meet demands of its consumers in a timely and effective manner. 

In addition, the company engages third party manufacturers on a need basis to produce its products such as chikki, nachos, noodles, rusk, soan papdi and washing bar. Its manufacturing operations are vertically integrated which include in-house manufacturing capabilities of certain key ingredients such as besan or gram flour, raw snack pellets, spices and seasoning, as well as the ability to tailor machines to its specific needs for manufacturing of its product portfolio.

The company was initially formed as a partnership firm as ‘Gopal Gruh Udhyog’ at Rajkot, India with effect from April 1, 1999. The partnership firm was registered under the Partnership Act, 1932 with the Registrar of Firms, Rajkot Division, Rajkot on October 19, 2006. The name of the partnership firm was changed to ‘Gopal Snacks’ with effect from November 23, 2009, and the same was recorded by the Registrar of Firms, Rajkot Division, Rajkot on November 30, 2009. The partnership firm was subsequently converted into a joint stock company and registered as a private limited company under the Companies Act, 1956 under the name ‘Gopal Snacks Private Limited’ pursuant to a certificate of incorporation dated December 7, 2009, issued by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Subsequently, the Company was converted into a public limited company pursuant to a special resolution passed by its Shareholders in its EGM held on March 15, 2023, following which the name of the Company was changed to ‘Gopal Snacks Limited’, and the RoC issued a fresh certificate of incorporation on March 31, 2023.

Business area of the company

The company is engaged in the business of manufacturing various types of ready-to-eat namkeens, snack pallets, corn products, potato chips, papad, besan, spices, etc.

History and milestones

  • 1994: Bipin Hadvani ventured into the Namkeen products business, laying the foundation for Gopal Snacks Limited's journey
  • 1999: Gopal Gruh Udyog was established, marking the official start of Gopal Snacks’ venture into snack production. Starting with supplying Namkeen and Snacks to the local Rajkot market, the company steadily grew to earn a reputable stature.
  • 2009: Gopal Snacks Pvt Ltd was formally incorporated, dedicating itself to manufacturing and distributing snack products.
  • 2010: The primary manufacturing facility was established in Rajkot, Gujarat, expanding production capabilities and geographic reach.
  • 2015: In-house automation and engineering facilities were initiated for Namkeen machineries, enhancing operational efficiency and product quality.
  • 2017: Backward integration of logistics vehicle engineering and customization was implemented, optimizing distribution channels.
  • 2018: Another primary manufacturing facility opened in Nagpur, Maharashtra, further boosting production capacity. 
  • 2018: Backward integration was strengthened with the launch of Besan manufacturing at the ancillary facility in Rajkot, Gujarat.
  • 2019: Further expansion of backward integration included additional ancillary facilities in Rajkot, Gujarat, focusing on Raw snack pallet and spice production.
  • 2021: A primary manufacturing facility was established in Modasa, Gujarat, equipped with advanced technologies for enhanced production.
  • 2022: A state-of-the-art cold storage facility was operationalized of 40,000 metric tons, ensuring product freshness and availability.
  • 2023: Established a Raw snack pallet manufacturing facility in Modasa, Gujarat, further expanding production capabilities and supply chain efficiency. 
  • 2023: Commissioning of a windmill generating 2 MW of power capacity demonstrated commitment to sustainable practices.
  • 2024: Listed on NSE and BSE in March, marking a significant milestone in Gopal Snacks’ journey towards becoming a publicly recognized entity.
  • 2025: Despite challenges including a big fire incident, the company achieved a record turnover of Rs 1,468 crore, reflecting its resilience and growth.

Brands Of Gopal Snacks

Brands Of Gopal Snacks

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