Gulshan Polyols Ltd
GULPOLY NSE
Gulshan Polyols Ltd
FMCGNSE: GULPOLY BSE: 532457 Agricultural Products
Key Fundamentals
MicrocapAgricultural ProductsFMCGMarket Cap
₹1,252 Cr
Volatility
Moderate
P/E Ratio
8.3
EBITDA
₹100 Cr
Return on Equity
4.02%
Debt to Equity
0.44
Book Value
₹115.21
EPS
₹3.7
52W High
₹227.63
52W Low
₹121.5
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Gulshan Polyols Ltd insights
53 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
2- Company's median sales growth is 15.6% of last 10 years
- Company's working capital requirements have reduced from 15.9 days to 11.1 days
Weaknesses
1- Company has a low return on equity of 7.75% over last 3 years.
Growth Rate
Revenue Growth
45.63% ↗
Net Income Growth
38.76% ↗
Cash Flow Change
-37.12% ↘
ROE
33.55% ↗
ROCE
70.92% ↗
EBITDA Margin (Avg.)
-2.17% ↘
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 293 | 308 | 371 | 406 | 455 | 440 | 610 | 515 | 593 | 542 | 627 | 551 | 640 |
| Expenses | 282 | 292 | 360 | 386 | 431 | 424 | 583 | 486 | 557 | 500 | 542 | 485 | 555 |
| Operating Profit | 12 | 16 | 11 | 19 | 24 | 16 | 27 | 29 | 37 | 42 | 85 | 66 | 85 |
| OPM % | 4% | 5% | 2.9% | 4.8% | 5% | 3.7% | 4.4% | 6% | 6% | 8% | 14% | 12% | 13% |
| Other Income | 4 | 4 | 3 | 1 | 2 | 1 | 1 | 1 | 2 | 0 | 0 | -1 | 6 |
| Interest | 2 | 4 | 1 | 4 | 4 | 7 | 8 | 9 | 8 | 8 | 16 | 8 | 7 |
| Depreciation | 9 | 10 | 5 | 9 | 8 | 8 | 11 | 10 | 11 | 11 | 12 | 11 | 11 |
| PBT | 5 | 7 | 8 | 8 | 13 | 2 | 9 | 11 | 20 | 22 | 58 | 46 | 73 |
| Tax % | 7% | 67% | 42% | 23% | 25% | 33% | 25% | 33% | 34% | 31% | 29% | 18% | 27% |
| Net Profit | 4 | 2 | 5 | 6 | 10 | 1 | 7 | 7 | 13 | 16 | 41 | 38 | 54 |
| EPS in Rs | 0.7 | 0.36 | 0.75 | 1.02 | 1.56 | 0.21 | 1.09 | 1.13 | 2.11 | 2.49 | 6.56 | 6.02 | 8.58 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 395 | 433 | 492 | 616 | 674 | 621 | 766 | 1,101 | 1,180 | 1,378 | 2,020 | 2,312 | 2,359 |
| Expenses | 341 | 372 | 431 | 547 | 590 | 552 | 635 | 951 | 1,092 | 1,320 | 1,923 | 2,079 | 2,081 |
| Operating Profit | 54 | 61 | 60 | 69 | 84 | 69 | 131 | 150 | 88 | 58 | 97 | 234 | 278 |
| OPM % | 14% | 14% | 12% | 11% | 12% | 11% | 17% | 14% | 7% | 4.2% | 4.8% | 10% | 12% |
| Other Income | 3 | 5 | 4 | 2 | 2 | 1 | 2 | 2 | 7 | 12 | 3 | -2 | 5 |
| Interest | 3 | 4 | 6 | 11 | 14 | 11 | 7 | 5 | 6 | 10 | 28 | 41 | 39 |
| Depreciation | 23 | 24 | 28 | 36 | 44 | 31 | 33 | 32 | 29 | 32 | 37 | 45 | 45 |
| PBT | 32 | 38 | 30 | 24 | 27 | 27 | 94 | 115 | 60 | 28 | 35 | 145 | 199 |
| Tax % | 20% | 19% | 10% | 23% | 21% | 25% | 33% | 26% | 25% | 36% | 28% | 26% | — |
| Net Profit | 25 | 30 | 27 | 18 | 21 | 21 | 62 | 85 | 45 | 18 | 25 | 107 | 147 |
| EPS in Rs | 4.76 | 5.49 | 4.86 | 3.24 | 3.81 | 3.66 | 11.09 | 14.4 | 7.27 | 2.83 | 3.97 | 17.18 | 23.65 |
| Div. Payout % | 12% | 11% | 39% | 18% | 15% | 16% | 8% | 12% | 6% | 11% | 8% | 9% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 6 |
| Reserves | 197 | 229 | 254 | 268 | 286 | 301 | 361 | 530 | 570 | 584 | 607 | 712 |
| Borrowings | 100 | 148 | 163 | 182 | 145 | 101 | 11 | 112 | 248 | 349 | 397 | 318 |
| Other Liabilities | 47 | 54 | 79 | 58 | 47 | 51 | 120 | 126 | 164 | 217 | 312 | 268 |
| Total Liabilities | 348 | 436 | 502 | 513 | 482 | 457 | 496 | 774 | 988 | 1,157 | 1,323 | 1,304 |
| Fixed Assets | 142 | 145 | 198 | 298 | 273 | 260 | 241 | 240 | 279 | 521 | 718 | 696 |
| CWIP | 7 | 97 | 97 | 1 | 5 | 3 | 3 | 91 | 278 | 182 | 4 | 7 |
| Investments | 5 | 7 | 8 | 6 | 0 | 0 | 0 | 26 | 23 | 15 | 17 | 47 |
| Other Assets | 195 | 187 | 199 | 209 | 204 | 193 | 252 | 417 | 408 | 438 | 584 | 554 |
| Total Assets | 348 | 436 | 502 | 513 | 482 | 457 | 496 | 774 | 988 | 1,157 | 1,323 | 1,304 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 50 | 55 | 81 | 42 | 87 | 44 | 106 | 61 | 16 | 66 | 42 | 207 |
| Investing | -11 | -116 | -81 | -37 | -17 | -16 | -12 | -136 | -247 | -158 | -54 | -60 |
| Financing | -2 | 36 | -1 | -4 | -48 | -51 | -79 | 170 | 124 | 88 | 13 | -121 |
| Net Cash Flow | 37 | -25 | -2 | 2 | 22 | -23 | 15 | 95 | -108 | -4 | 0 | 27 |
| Free Cash Flow | 28 | -62 | -3 | 2 | 64 | 28 | 93 | -52 | -238 | -113 | -14 | 181 |
| CFO/OP | 104 | 103 | 143 | 66 | 113 | 73 | 93 | 60 | 37 | 125 | 48 | 96 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 59 | 62 | 66 | 69 | 54 | 48 | 47 | 40 | 44 | 44 | 33 | 32 |
| Inventory Days | 87 | 76 | 116 | 84 | 54 | 89 | 89 | 69 | 82 | 62 | 76 | 53 |
| Days Payable | 36 | 39 | 68 | 38 | 21 | 30 | 55 | 37 | 42 | 52 | 60 | 38 |
| Cash Conversion Cycle | 110 | 99 | 115 | 115 | 87 | 108 | 80 | 72 | 84 | 54 | 49 | 48 |
| Working Capital Days | 21 | 30 | 12 | 15 | 12 | 31 | 57 | 26 | 33 | 27 | 9 | 11 |
| ROCE % | 12% | 12% | 9% | 8% | 9% | 9% | 25% | 23% | 9% | 3% | 6% | 19% |
Documents
1
Announcement under Regulation 30 (LODR)-Change in Management
6 May - Mr. Mohan Lal Bansal resigned as Factory Manager, Muzaffarnagar Plant, effective May 6, 2026. 6 May - Mr. Mohan Lal Bansal resigned as Factory Manager, Muzaffarnagar Plant, effective May 6, 2026.
2
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
24 Apr - Ms. Preeti Singhal resigns as Company Secretary, Compliance Officer and Nodal Officer from April 23, 2026. 24 Apr - Ms. Preeti Singhal resigns as Company Secretary, Compliance Officer and Nodal Officer from April 23, 2026.
3
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
12h - Ms. Preeti Singhal resigns as Company Secretary, Compliance Officer and Nodal Officer from April 23, 2026. 12h - Ms. Preeti Singhal resigns as Company Secretary, Compliance Officer and Nodal Officer from April 23, 2026.
4
Submission Of The Disclosures Received From The Trusts(S) As Per The SEBI "Exemption Order" Dated June 22, 2021.
16 Apr - Trusts submitted FY2025-26 compliance certificates under SEBI exemption order. 16 Apr - Trusts submitted FY2025-26 compliance certificates under SEBI exemption order.
5
Intimation For Appointment Of Investor And Public Relations Agency Of The Company
15 Apr - Gulshan Polyols appoints NeoAtlas Capital Advisory LLP as IR and strategic communications advisor from April 15, 2026. 15 Apr - Gulshan Polyols appoints NeoAtlas Capital Advisory LLP as IR and strategic communications advisor from April 15, 2026.
Frequently Asked Questions about Gulshan Polyols Ltd
What does Gulshan Polyols Ltd do?
Incorporated in 1981, Gulshan Polyols Ltd is a manufacturer of Ethanol and other speciality
chemicals.[1]
Where is Gulshan Polyols Ltd (GULPOLY) listed?
Gulshan Polyols Ltd is listed on the Indian stock exchanges. It is listed on NSE: GULPOLY and BSE: 532457. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Gulshan Polyols Ltd belong to?
Gulshan Polyols Ltd operates in the FMCG sector within the Agricultural Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Gulshan Polyols Ltd?
Gulshan Polyols Ltd has a market capitalisation of approximately ₹1251.84 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Gulshan Polyols Ltd?
The Price-to-Earnings (PE) ratio of Gulshan Polyols Ltd is 8.30. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Gulshan Polyols Ltd?
Over the past 52 weeks, Gulshan Polyols Ltd has traded between a low of ₹121.5 and a high of ₹227.63. This range helps investors understand the stock's price volatility and recent trading levels.
Does Gulshan Polyols Ltd pay dividends?
Yes, Gulshan Polyols Ltd has a dividend yield of 0.78%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Gulshan Polyols Ltd?
Gulshan Polyols Ltd has a Return on Equity (ROE) of 4.02%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Gulshan Polyols Ltd on Tapetide?
On Tapetide, you can view Gulshan Polyols Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1981, Gulshan Polyols Ltd is a manufacturer of Ethanol and other speciality chemicals.[1]
Website gulshanindia.com
CEO Dr. Chandra Kumar Jain B.Sc.
Employees 565
Listed 2015-01-28
Face Value ₹ 1
Issued Size 6,23,70,587