Gulf Mushroom Products Co. SAOG (GMPI) Earnings Call Transcripts

Gulf Mushroom Products Co. SAOG's Latest Earnings Call - May 11, 2026

In the first quarter of fiscal year 2026, Gulf Mushroom Products Co. SAOG (GMPI:OM) reported a notable increase in both revenue and earnings, driven by a combination of price increases and volume growth. Revenue saw a sequential increase as well as a year-over-year rise, attributed to a 10% increase in quantity sold and necessary price adjustments due to rising raw material and logistics costs. Management maintained a gross profit margin target of around 50%, indicating stability despite geopolitical pressures affecting supply chains.

Reported metrics

Guidance from management

Management expects to maintain gross profit margins around 50% and has confirmed that selling prices will be sustained to cover increased costs. No changes to future capacity plans were disclosed.

What management said

Good morning, everybody. [Foreign Language] Welcome to this seventh meeting, we are arranging especially for investment analysts who have some questions about the company. So welcome. I invite any questions, please?

Yes. We have had to increase the price to cover the additional cost which resulted from the ongoing geopolitical disturbances, supply chain disturbances, so the raw material costs, the logistic cost increased. So we have increased some amount of selling price.

What analysts pressed on

Analysts expressed concern over the impact of geopolitical disturbances on demand, particularly from the hotel sector. There were also questions regarding the sourcing of raw materials and potential bottlenecks in production capacity.

Main topics on the call

• Revenue Growth — Gulf Mushroom Products experienced a sequential and year-over-year increase in revenue, with management confirming a 10% increase in quantity sold. Deepak Agrawal stated, "the increase in quantity terms was 10%".
• Price Increases — Management acknowledged that price increases were necessary to offset rising raw material and logistics costs due to geopolitical disturbances. They confirmed, "we have had to increase the price to cover the additional c...
• Gross Profit Margin Stability — Despite slight shrinkage in gross margins, management expects to stabilize margins around 50%. Agrawal noted, "we expect to maintain the GP margin around 50%".
• Capacity Utilization — The company is currently operating at 85% capacity utilization following a 15% increase in capacity. Management indicated that there is still room for growth, stating, "there's still room for a 5% increase in top line".

Read the full Gulf Mushroom Products Co. SAOG transcript (May 11, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 3 Gulf Mushroom Products Co. SAOG earnings call transcripts on record, spanning March 10, 2025 to May 11, 2026. Based on this history, Gulf Mushroom Products Co. SAOG reports semi-annually. The most recent call on file is dated May 11, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

GMPI

Exchange

MSM

Country

OM

Sector

Consumer Staples

Industry

Food Products

Calls on record

3

First call

March 10, 2025

Most recent

May 11, 2026

Reporting cadence

semi-annually