Balance Sheet Gopal Snacks Limited

Equities

GOPAL

INE0L9R01028

Food Retail & Distribution

End-of-day quote NSE India S.E. Other stock markets 06/09/2024			5-day change	1st Jan Change
330.05 ^INR	-1.48%		-2.29%	0.00%

07-29	Gopal Snacks Limited Unveils New Soya Sticks	CI
07-18	Gopal Snacks Limited Reports Earnings Results for the First Quarter Ended June 30, 2024	CI

c7957f50bfbf6b29d4c4b1733.mEpNCdLhKsXCrePmJmc_pDbPaEaZZ8PeqGf3ySfmfPo.yxoGcJa4abyp3aKpRBZw5mCeJBXQFafmyhC2r2DTSIvsczl6npsZrYXFrg

Published financial data: GOPAL SNACKS LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023
Revenues	8.86B	11.29B	13.52B	13.95B
Total Revenues	8.86B	11.29B	13.52B	13.95B
Cost of Goods Sold, Total	6.95B	9.25B	10.75B	10.05B
Gross Profit	1.91B	2.04B	2.77B	3.9B
Selling General & Admin Expenses, Total	467M	595M	783M	918M
Depreciation & Amortization - (IS)	210M	232M	302M	374M
Other Operating Expenses	569M	846M	1.04B	1.02B
Other Operating Expenses, Total	1.25B	1.67B	2.12B	2.31B
Operating Income	662M	369M	648M	1.59B
Interest Expense, Total	-79.73M	-102M	-128M	-106M
Interest And Investment Income	1.17M	814K	1.09M	9.23M
Net Interest Expenses	-78.56M	-101M	-127M	-97.09M
Currency Exchange Gains (Loss)	41.55K	-192K	-218K	-70K
Other Non Operating Income (Expenses)	-2.19M	-9.26M	-7.07M	27.51M
EBT, Excl. Unusual Items	581M	259M	513M	1.52B
Other Unusual Items	636K	1.71M	1.1M	-
EBT, Incl. Unusual Items	582M	260M	514M	1.52B
Income Tax Expense	140M	54.48M	118M	395M
Earnings From Continuing Operations	441M	206M	397M	1.12B
Net Income to Company	441M	206M	397M	1.12B
Net Income - (IS)	441M	206M	397M	1.12B
Net Income to Common Incl Extra Items	441M	206M	397M	1.12B
Net Income to Common Excl. Extra Items	441M	206M	397M	1.12B
Per Share Items
Net EPS - Basic	3.54	1.65	3.18	9.02
Basic EPS - Continuing Operations	3.54	1.65	3.18	9.02
Basic Weighted Average Shares Outstanding	125M	125M	125M	125M
Net EPS - Diluted	3.54	1.65	3.18	9.02
Diluted EPS - Continuing Operations	3.54	1.65	3.18	9.02
Diluted Weighted Average Shares Outstanding	125M	125M	125M	125M
Normalized Basic EPS	2.91	1.3	2.57	7.62
Normalized Diluted EPS	2.91	1.3	2.57	7.62
Supplemental Items
EBITDA	872M	601M	950M	1.96B
EBITA	662M	369M	648M	1.59B
EBIT	662M	369M	648M	1.59B
EBITDAR	872M	605M	956M	1.96B
Total Revenues (As Reported)	8.88B	11.3B	13.56B	13.99B
Effective Tax Rate - (Ratio)	24.13	20.93	22.87	26
Total Current Taxes	147M	59.25M	122M	395M
Total Deferred Taxes	-6.81M	-4.77M	-4.46M	-660K
Normalized Net Income	363M	162M	321M	949M
Interest on Long-Term Debt	-	-	-	1.4M
Non-Cash Pension Expense	-11.31M	5.14M	-5.63M	-1.36M
Supplemental Operating Expense Items
Advertising Expense	7.51M	3.46M	15.71M	41.38M
Selling and Marketing Expenses	7.51M	3.46M	15.71M	41.38M
Research And Development Expense From Footnotes	817K	-	-	-
Net Rental Expense, Total	400K	4.35M	6.46M	4.13M
Imputed Operating Lease Interest Expense	-	-	4.35M	2.56M
Imputed Operating Lease Depreciation	-	-	2.1M	1.57M
Maintenance & Repair Expenses, Total	28.83M	48.09M	17.02M	62.33M

Fiscal Period: March	2020	2021	2022	2023
Assets
Cash And Equivalents	4.96M	47.7M	10.79M	35.91M
Short Term Investments	-	-	-	250M
Total Cash And Short Term Investments	4.96M	47.7M	10.79M	286M
Accounts Receivable, Total	35.36M	76.36M	144M	114M
Other Receivables	-	-	-	23.5M
Notes Receivable	3.52M	8.77M	7.48M	57.96M
Total Receivables	38.88M	85.12M	151M	196M
Inventory	654M	911M	888M	1.45B
Prepaid Expenses	2.39M	4.94M	6.33M	9.98M
Other Current Assets, Total	141M	176M	257M	122M
Total Current Assets	841M	1.23B	1.31B	2.06B
Gross Property Plant And Equipment	2.52B	3.28B	3.97B	4.24B
Accumulated Depreciation	-890M	-1.12B	-1.42B	-1.78B
Net Property Plant And Equipment	1.63B	2.16B	2.55B	2.46B
Long-term Investments	24.61M	39.15M	55.99M	24.29M
Other Intangibles, Total	65.6K	373K	18.84M	24.09M
Loans Receivable Long-Term	80.85K	81.16M	85.6M	-
Deferred Tax Assets Long-Term	-	-	1.23M	-
Other Long-Term Assets, Total	16.76M	24.34M	40.44M	44.06M
Total Assets	2.52B	3.53B	4.07B	4.61B
Liabilities
Accounts Payable, Total	285M	232M	112M	94.12M
Accrued Expenses, Total	101M	191M	206M	232M
Short-term Borrowings	160M	414M	531M	327M
Current Portion of Long-Term Debt	-	217M	317M	251M
Current Portion of Leases	-	-	-	6.25M
Current Income Taxes Payable	-	-	2.59M	-
Other Current Liabilities	22.72M	50.26M	37M	57.43M
Total Current Liabilities	569M	1.1B	1.21B	969M
Long-Term Debt	554M	767M	801M	485M
Long-Term Leases	-	-	-	8.84M
Pension & Other Post Retirement Benefits	18.07M	33.55M	39.17M	-
Deferred Tax Liability Non Current	8M	3.23M	-	47.16M
Other Non Current Liabilities	145M	193M	199M	194M
Total Liabilities	1.29B	2.1B	2.24B	1.7B
Common Stock, Total	11.33M	11.33M	11.33M	125M
Additional Paid In Capital	37.58M	37.58M	37.58M	37.58M
Retained Earnings	1.17B	1.38B	1.78B	2.75B
Comprehensive Income and Other	571K	571K	571K	570K
Total Common Equity	1.22B	1.43B	1.82B	2.91B
Total Equity	1.22B	1.43B	1.82B	2.91B
Total Liabilities And Equity	2.52B	3.53B	4.07B	4.61B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	125M	125M	125M	125M
ECS Total Common Shares Outstanding	125M	125M	125M	125M
Book Value / Share	9.81	11.46	14.65	23.34
Tangible Book Value	1.22B	1.43B	1.81B	2.88B
Tangible Book Value Per Share	9.81	11.46	14.5	23.15
Total Debt	714M	1.4B	1.65B	1.08B
Net Debt	709M	1.35B	1.64B	793M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-6.53M	-5.6M	-16.82M	-24.3M
Debt Equivalent Oper. Leases	3.2M	34.78M	51.64M	33.04M
Account Code - Inventory Valuation	-	-	5	6
Inventories - Raw Materials, Total	604M	847M	773M	1.22B
Inventories - Finished Goods, Total	46.55M	34.77M	58.66M	165M
Inventories - Others	2.77M	29.19M	56.74M	60.59M
Land - (BS)	212M	212M	212M	53.77M
Buildings, Total	850M	869M	1B	1.28B
Machinery, Total	1.38B	1.76B	2.45B	2.62B
Full Time Employees	-	-	-	3.3K
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	1.11M

Fiscal Period: March	2020	2021	2022	2023
Net Income	441M	206M	397M	1.12B
Depreciation & Amortization - CF	210M	232M	302M	373M
Amortization of Goodwill and Intangible Assets - (CF)	-	70K	159K	1.6M
Depreciation & Amortization, Total	210M	232M	302M	374M
(Gain) Loss From Sale Of Asset	-801K	-1.71M	-1.1M	-610K
Provision and Write-off of Bad Debts	-	-	-	1.11M
Other Operating Activities, Total	41.37M	65.85M	126M	80.04M
Change In Accounts Receivable	25.03M	-41M	-67.42M	25M
Change In Inventories	-324M	-257M	22.72M	-576M
Change In Accounts Payable	118M	-53.68M	-119M	24M
Change in Other Net Operating Assets	31.06M	359M	138M	164M
Cash from Operations	543M	509M	798M	1.22B
Capital Expenditure	-370M	-760M	-734M	-254M
Sale of Property, Plant, and Equipment	990K	3.7M	19.55M	1.24M
Investment in Marketable and Equity Securities, Total	-6.54M	940K	-16.84M	-7.48M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-7.71M	-89.35M	-20.4M	-
Other Investing Activities, Total	-690K	690K	-129K	9.23M
Cash from Investing	-384M	-844M	-751M	-251M
Long-Term Debt Issued, Total	17.47M	479M	45.16M	-
Total Debt Issued	17.47M	479M	45.16M	-
Long-Term Debt Repaid, Total	-99.87M	-	-	-582M
Total Debt Repaid	-99.87M	-	-	-582M
Other Financing Activities, Total	-78.69M	-101M	-128M	-106M
Cash from Financing	-161M	378M	-83.2M	-688M
Net Change in Cash	-2.31M	42.73M	-36.91M	276M
Supplemental Items
Cash Interest Paid	78.69M	101M	128M	106M
Cash Income Tax Paid (Refund)	178M	90M	120M	412M
Levered Free Cash Flow	-	-	-347M	665M
Unlevered Free Cash Flow	-	-	-266M	732M
Change In Net Working Capital	-	-	240M	381M
Net Debt Issued / Repaid	-82.41M	479M	45.16M	-582M

Fiscal Period: March	2020	2021	2022	2023
Profitability
Return on Assets	-	-	10.66	23.06
Return on Total Capital	-	-	12.85	26.74
Return On Equity %	-	-	24.38	47.97
Return on Common Equity	-	-	24.38	47.97
Margin Analysis
Gross Profit Margin %	21.54	18.09	20.49	27.94
SG&A Margin	5.27	5.27	5.79	6.58
EBITDA Margin %	9.84	5.32	7.02	14.02
EBITA Margin %	7.47	3.27	4.79	11.4
EBIT Margin %	7.47	3.27	4.79	11.39
Income From Continuing Operations Margin %	4.98	1.82	2.93	8.06
Net Income Margin %	4.98	1.82	2.93	8.06
Net Avail. For Common Margin %	4.98	1.82	2.93	8.06
Normalized Net Income Margin	4.1	1.43	2.37	6.8
Levered Free Cash Flow Margin	-	-	-2.56	4.77
Unlevered Free Cash Flow Margin	-	-	-1.97	5.25
Asset Turnover
Asset Turnover	-	-	3.56	3.24
Fixed Assets Turnover	-	-	5.74	5.53
Receivables Turnover (Average Receivables)	-	-	122.85	109.61
Inventory Turnover (Average Inventory)	-	-	11.95	8.66
Short Term Liquidity
Current Ratio	1.48	1.11	1.09	2.13
Quick Ratio	0.07	0.11	0.13	0.44
Operating Cash Flow to Current Liabilities	0.95	0.46	0.66	1.25
Days Sales Outstanding (Average Receivables)	-	-	2.97	3.33
Days Outstanding Inventory (Average Inventory)	-	-	30.54	42.14
Average Days Payable Outstanding	-	-	5.85	2.82
Cash Conversion Cycle (Average Days)	-	-	27.66	42.65
Long Term Solvency
Total Debt/Equity	58.38	97.93	90.34	37.09
Total Debt / Total Capital	36.86	49.48	47.46	27.05
LT Debt/Equity	45.29	53.7	43.89	16.98
Long-Term Debt / Total Capital	28.6	27.13	23.06	12.39
Total Liabilities / Total Assets	51.41	59.54	55.16	36.94
EBIT / Interest Expense	8.3	3.62	5.04	14.94
EBITDA / Interest Expense	10.94	5.9	7.39	18.46
(EBITDA - Capex) / Interest Expense	6.3	-1.57	1.68	16.07
Total Debt / EBITDA	0.82	2.33	1.74	0.55
Net Debt / EBITDA	0.81	2.25	1.72	0.4
Total Debt / (EBITDA - Capex)	1.42	-8.76	7.63	0.63
Net Debt / (EBITDA - Capex)	1.41	-8.47	7.58	0.46
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	-	19.79	3.14
Gross Profit, 1 Yr. Growth %	-	-	35.73	41.3
EBITDA, 1 Yr. Growth %	-	-	58.1	107.66
EBITA, 1 Yr. Growth %	-	-	75.55	149.26
EBIT, 1 Yr. Growth %	-	-	75.54	149.36
Earnings From Cont. Operations, 1 Yr. Growth %	-	-	92.75	170.52
Net Income, 1 Yr. Growth %	-	-	92.75	170.52
Normalized Net Income, 1 Yr. Growth %	-	-	98.48	180.91
Diluted EPS Before Extra, 1 Yr. Growth %	-	-	92.74	170.81
Accounts Receivable, 1 Yr. Growth %	-	-	88.3	-18.61
Inventory, 1 Yr. Growth %	-	-	-2.49	66.1
Net Property, Plant and Equip., 1 Yr. Growth %	-	-	18.28	-4.87
Total Assets, 1 Yr. Growth %	-	-	15.3	15.4
Tangible Book Value, 1 Yr. Growth %	-	-	26.48	64.12
Common Equity, 1 Yr. Growth %	-	-	27.77	63.73
Cash From Operations, 1 Yr. Growth %	-	-	56.65	107.4
Capital Expenditures, 1 Yr. Growth %	-	-	-3.51	-66.3
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-	-275.31
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-	-346.11
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	-	11.15
Gross Profit, 2 Yr. CAGR %	-	-	-	39.39
EBITDA, 2 Yr. CAGR %	-	-	-	80.54
EBITA, 2 Yr. CAGR %	-	-	-	108.7
EBIT, 2 Yr. CAGR %	-	-	-	108.84
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	-	130.65
Net Income, 2 Yr. CAGR %	-	-	-	130.65
Normalized Net Income, 2 Yr. CAGR %	-	-	-	139.39
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-	130.65
Accounts Receivable, 2 Yr. CAGR %	-	-	-	23
Inventory, 2 Yr. CAGR %	-	-	-	29.15
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	-	6.15
Total Assets, 2 Yr. CAGR %	-	-	-	16.16
Tangible Book Value, 2 Yr. CAGR %	-	-	-	45.85
Common Equity, 2 Yr. CAGR %	-	-	-	46.39
Cash From Operations, 2 Yr. CAGR %	-	-	-	132.74
Capital Expenditures, 2 Yr. CAGR %	-	-	-	-42.34
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-2.07
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	7.82
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	16.32
Gross Profit, 3 Yr. CAGR %	-	-	-	26.85
EBITDA, 3 Yr. CAGR %	-	-	-	30.89
EBITA, 3 Yr. CAGR %	-	-	-	33.93
EBIT, 3 Yr. CAGR %	-	-	-	33.89
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	36.55
Net Income, 3 Yr. CAGR %	-	-	-	36.55
Normalized Net Income, 3 Yr. CAGR %	-	-	-	37.75
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	36.55
Accounts Receivable, 3 Yr. CAGR %	-	-	-	47.81
Inventory, 3 Yr. CAGR %	-	-	-	30.37
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	14.6
Total Assets, 3 Yr. CAGR %	-	-	-	22.39
Tangible Book Value, 3 Yr. CAGR %	-	-	-	33.13
Common Equity, 3 Yr. CAGR %	-	-	-	33.5
Cash From Operations, 3 Yr. CAGR %	-	-	-	30.83
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-11.75