What we do Gopal Snacks Ltd is a major Indian FMCG company manufacturing diverse savoury snacks including ethnic namkeen, wafers, snack pellets, papad, spices, and other fast-moving consumer goods. |
Founded in 1,999 |
Market share Largest manufacturer of Gathiya and snack pellets in India; leading ethnic namkeen player in Gujarat with expanding national presence. |
Problem solved Offering convenient, tasty, and diverse snack options catering to evolving consumer preferences and dietary trends across India. |
Top clients or who we serve Serves retail consumers primarily through extensive distribution networks across 13 states and 2 union territories in India; also exports products externally. B2C focus. |
Key management Bipinbhai Vithalbhai Hadvani (Chairman & Managing Director), Raj Bipinbhai Hadvani (CEO and Whole-time Director). |
Our journey and innovations Started in 1999, converted to public limited company in 2023; steadily expanded manufacturing with automation and backward integration; recently launched youth-focused and protein-based snack products. |
Where we operate Operations concentrated in India with manufacturing plants in Rajkot, Nagpur, Modasa, Gondal; distribution across 13+ states and international exports. |
Top products or what we offer Flagship products include ethnic namkeen, gathiya, wafers, snack pellets, extruded snacks, papad, spices, besan, noodles, rusk, soan papdi under brands Gopal and Cristos. |
Top brands Gopal (ethnic snacks, wafers, snack pellets), Cristos (youth-centric Korean BBQ wafers) - leaders in respective categories with extensive product SKUs. |
Raw materials needed Raw materials include chickpeas, gram flour (besan), spices, oils, potato, maize, and other agricultural commodities for snack production. |
Raw materials supplier Sourced mainly from regional agricultural producers and suppliers in India, with internal backward integration for besan manufacturing. |
Recurring vs cyclical contribution Revenue predominantly recurring through continuous demand in FMCG snacks with some seasonal variations related to festivals and events. |
Our industry position Top ethnic namkeen manufacturer in Gujarat and India’s largest gathiya and snack pellets producer, with growing national footprint and consumer loyalty. |
Financial highlights FY 2024-25 revenue approx. Rs. 1,468 crore; net profit Rs. 19 crore; growing revenue despite operational disruptions; listed in 2023 raising Rs. 650 crore. |
Geographical revenue split Majority revenue (>99%) derived from domestic Indian markets; minor exports with <1% revenue from international sales. |
Order book - |
Whats driving growth Product innovation, geographic expansion, strategic marketing initiatives, ramp-up of new manufacturing facilities, and increased distribution penetration. |
Our future plans Focus on capacity expansion, new product launches, enhanced automation, distribution network strengthening and sustainability initiatives like solar and wind power. |
Our green promise Committed to sustainability with solar power, wind turbines installation and proactive environmental safety measures in manufacturing operations. |
Our people and values Workforce of approx. 3,000 employees; inclusive culture promoting skill development, safety and ethics in compliance with labor laws. |
Key challenges ahead Recovering fully from 2024 fire incident impact, managing raw material cost volatility, competitive market pressures and regulatory compliance. |
Interesting facts Successfully launched over 95 products and 346 SKUs; owns six manufacturing plants including recent Modasa and Nagadka facilities; first snacks partner at Filmfare Awards 2025. |
Risks and strategy Manages operational risks by diversified manufacturing, risk management committee, contingency plans post fire incident, insurance claims and robust internal controls. |
