Gulshan Polyols
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Gulshan Polyols

187.75
-4.31
(-2.24%)
Market Cap
1,171.00 Cr
PE Ratio
27.41
Volume
2,86,706.00
Day High - Low
194.38 - 187.20
52W High-Low
227.63 - 121.50
ann
There are 4 new updates from the company17 hrs ago
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Key Fundamentals
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Market Cap
1,171.00 Cr
EPS
3.95
PE Ratio
27.41
PB Ratio
1.83
Book Value
115.21
EBITDA
100.20
Dividend Yield
0.16 %
Industry
FMCG
Return on Equity
4.02
Debt to Equity
0.62
Forecast For
Actual

Company News

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neutral
Gulshan Polyols Limited submitted its Business Responsibility and Sustainability Report for FY26. Ethanol accounts for 59.13% of turnover, while exports contribute 5.049%. The company reported one worker fatality.
positive
Gulshan Polyols reported a 332% surge in net profit to ₹1,071.5 crore for FY26, driven by ethanol business expansion. Revenue rose 14.5% to ₹2,312.4 crore.
positive
Company receives mobilisation order for 20,740 KL ethanol supply to OMCs. This is an advance engineering allocation, not a confirmed work order. Book-to-bill stands at 0.43x.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
426.30
#1 14,803.40
23.10
#1 10,945.60
24.81
613
8.84
65.20
393.60
9,009.10
11.88
6,097.86
7.83
#1 641
73.11
66.75
177.76
8,153.30
19.61
5,835.80
24.30
304
172.00
61.87
474.50
4,069.00
25.52
1,814.00
-7.85
97
#1 1,161.70
57.65
772.75
3,975.00
15.93
1,394.76
11.46
290
-14.49
37.07
107.29
2,148.70
62.47
784.63
-27.46
35
-34.75
39.57
181.19
1,876.30
15.09
2,287.14
14.13
103
127.33
47.85
87.51
1,813.30
23.75
1,769.20
#1 28.74
76
9.95
37.14
279.05
1,387.60
#1 11.09
1,439.58
-4.28
114
48.15
46.43
87.45
1,331.70
15.87
726.90
27.04
65
157.02
84.04
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 Financial Results

Quarterly Financials
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Revenue
293
271
278
334
305
297
312
374
407
457
442
611
516
595
542
Expenses
267
249
257
310
276
282
292
360
386
431
424
583
486
557
500
EBITDA
26
22
20
24
29
16
20
14
21
26
17
28
30
39
42
Operating Profit %
9 %
8 %
7 %
7 %
9 %
4 %
5 %
3 %
5 %
5 %
4 %
4 %
6 %
6 %
8 %
Depreciation
9
7
7
7
7
9
10
5
9
8
8
11
10
11
11
Interest
1
1
2
2
2
2
4
1
4
4
8
8
9
8
8
Profit Before Tax
16
14
12
16
19
5
7
8
8
13
2
9
11
20
23
Tax
5
4
3
4
5
0
5
3
2
3
1
2
4
7
7
Net Profit
12
10
9
12
14
4
2
5
7
10
1
7
7
13
16
EPS in ₹
2.24
1.63
1.46
2.28
2.76
0.70
0.35
0.74
1.05
1.55
0.20
1.08
1.12
2.11
2.53

Order Value Trend

FY 2026-27 order value₹186.15 Cr
FY 2026-275 Orders
Oil Marketing Companies (OMCs)
78.78%
Bharat Petroleum Corporation L...
20.10%
Excise Department, Madhya Prad...
1.11%

Balance Sheet

Balance Sheet
2022
2023
2024
2025
Total Assets
774
988
1,156
1,323
Fixed Assets
240
279
521
718
Current Assets
376
382
434
568
Capital Work in Progress
91
278
182
4
Investments
26
23
15
17
Other Assets
417
408
438
584
Total Equity & Liabilities
774
988
1,156
1,323
Current Liabilities
173
267
309
500
Non Current Liabilities
65
146
257
210
Total Equity
535
575
590
613
Reserve & Surplus
530
570
584
607
Share Capital
5
5
6
6

Cash Flow

Cash Flow
2022
2023
2024
2025
Net Cash Flow
95
-107
-4
1
Investing Activities
-136
-247
-158
-54
Operating Activities
61
15
66
42
Financing Activities
170
124
88
13

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Apr 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Dec 2025
Mar 2026
Jun 2026
Promoter
68.20 %
68.20 %
68.20 %
68.20 %
64.86 %
66.65 %
66.65 %
66.65 %
66.65 %
66.65 %
66.65 %
66.72 %
66.72 %
66.72 %
66.68 %
66.68 %
66.71 %
66.71 %
66.71 %
66.71 %
66.80 %
66.80 %
66.80 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.01 %
0.00 %
0.50 %
0.00 %
0.06 %
0.00 %
0.00 %
0.00 %
0.30 %
0.32 %
DIIs
0.00 %
0.00 %
0.00 %
0.00 %
3.23 %
3.14 %
3.30 %
3.52 %
3.52 %
3.53 %
3.52 %
1.23 %
1.20 %
0.58 %
0.40 %
0.80 %
1.11 %
0.67 %
0.56 %
0.07 %
0.00 %
0.00 %
0.00 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
25.76 %
26.02 %
25.12 %
25.08 %
23.38 %
22.54 %
22.83 %
22.78 %
22.70 %
22.60 %
23.00 %
24.70 %
24.72 %
25.38 %
25.64 %
25.35 %
25.83 %
24.21 %
24.22 %
24.85 %
25.08 %
25.31 %
25.91 %
Others
6.03 %
5.78 %
6.67 %
6.72 %
8.53 %
7.67 %
7.23 %
7.05 %
7.13 %
7.22 %
6.82 %
7.36 %
7.36 %
7.30 %
7.28 %
6.67 %
6.36 %
8.36 %
8.50 %
8.37 %
8.12 %
7.59 %
6.98 %
No of Share Holders
16,151
23,555
26,203
26,739
29,430
29,747
31,328
31,357
30,447
29,377
31,930
34,248
34,718
35,992
35,909
38,819
39,873
37,960
36,954
36,933
37,079
35,805
35,573

Dividend History

Annual Cash Flows 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
Dividend Per Share (₹) 2.3 0.7 0.7 0.7 1 2 0.5 0.3 0.3 0.00
Dividend Yield (%) 4.15 1.52 3.94 0.91 0.35 1.19 0.31 0.17 0.21 0.00

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
11 Sept 2026 ANNUAL GENERAL MEETING Annual General Meeting
NA
11 Sept 2026 188.40 187.50
28 Aug 2026 DIVIDEND Dividend
₹ 1.50 /share
28 Aug 2026 203.72 187.50
10 Sept 2021 DIVIDEND Dividend
₹ 0.40 /share
08 Sept 2021 146.29 209.46
17 Nov 2021 DIVIDEND Dividend
₹ 1.00 /share
16 Nov 2021 228.92 225.87
21 Sept 2022 DIVIDEND Dividend
₹ 1.00 /share
19 Sept 2022 228.42 223.58
21 Jun 2023 BONUS Bonus
1:5
21 Jun 2023 212.04 237.71
22 Sept 2023 DIVIDEND Dividend
₹ 0.50 /share
22 Sept 2023 242.87 219.25
29 Sept 2023 ANNUAL GENERAL MEETING Annual General Meeting
NA
29 Sept 2023 222.20 227.40
13 Sept 2024 DIVIDEND Dividend
₹ 0.30 /share
12 Sept 2024 199.50 253.45
20 Sept 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
20 Sept 2024 217.65 243.65
13 Nov 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
13 Nov 2024 207.23 200.65
30 Jan 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
30 Jan 2025 191.10 170.94
20 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
20 May 2025 204.16 213.39
07 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
07 Aug 2025 165.31 172.55
11 Sept 2025 DIVIDEND Dividend
₹ 0.30 /share
11 Sept 2025 213.39 162.45
18 Sept 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
18 Sept 2025 166.38 157.35
06 Nov 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
06 Nov 2025 152.10 156.90
10 Feb 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
10 Feb 2026 131.31 141.10
22 May 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
22 May 2026 190.22 203.72
06 Aug 2026 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
06 Aug 2026 197.60 208.91

Announcements

Business Responsibility and Sustainability Reporting (BRSR)17 hrs ago
Notice Of 26Th Annual General Meeting Of The Company17 hrs ago
Shareholding Meeting - 26Th AGM On September 11 2026.17 hrs ago
Reg. 34 (1) Annual Report.17 hrs ago
General Updates1 day ago
26Th Annual General Meeting Of The Company1 day ago
Announcement under Regulation 30 (LODR)-Newspaper Publication5 days ago
Corporate Action-Fixing Date Of Friday August 28 2026.5 days ago
Announcement under Regulation 30 (LODR)-Earnings Call Transcript6 days ago
Announcement under Regulation 30 (LODR)-Newspaper Publication10 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAug 07, 2026
Announcement under Regulation 30 (LODR)-Investor PresentationAug 06, 2026
Announcement under Regulation 30 (LODR)-Issue of SecuritiesAug 06, 2026
Announcement under Regulation 30 (LODR)-Change in ManagementAug 06, 2026
Results-Unaudited Financial Results For Quarter Ended June 30 2026.Aug 06, 2026
Board Meeting Outcome for Outcome Of Board Meeting Of The Company Held On August 06 2026.Aug 06, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 04, 2026
Board Meeting Intimation for Approving The Un-Audited Financial Results Of The Company For The Quarter Ended June 30 2026 And Any Other Business.Aug 01, 2026
Announcement under Regulation 30 (LODR)-Credit RatingJul 24, 2026
General UpdateJul 24, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 23, 2026
General UpdateJul 17, 2026
Intimation Regarding Media Interaction With ET Now Swadesh.Jul 13, 2026
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 13, 2026
Intimation Regarding Media Interaction With ET Now.Jul 07, 2026
General UpdateJul 03, 2026
Closure of Trading WindowJun 25, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 18, 2026
Intimation Regarding Media Interaction With NDTV ProfitJun 09, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 30, 2026
Announcement under Regulation 30 (LODR)-Earnings Call TranscriptMay 27, 2026
Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 27, 2026
Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 23, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 22, 2026
Intimation For Appointment Of Internal And Cost Auditor Of The Company For The Financial Year 2026-27.May 22, 2026
Announcement under Regulation 30 (LODR)-Change in ManagementMay 22, 2026
Appointment of Company Secretary and Compliance OfficerMay 22, 2026
Corporate Action-Board to consider DividendMay 22, 2026
Announcement under Regulation 30 (LODR)-Investor PresentationMay 22, 2026
Board Meeting Outcome for Outcome Of The Board Meeting Held On May 22 2026 And Audited Financial Results Of The Company For The Quarter And Financial Year Ended March 31 2026.May 22, 2026
Outcome Of The Board Meeting Held On May 22 2026 And Audited Financial Results Of The Company For The Quarter And Financial Year Ended March 31 2026.May 22, 2026
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 18, 2026
Board Meeting Intimation for Approving The Audited Financial Results Of The Company For The Quarter And Financial Year Ended On March 31 2026 And To Recommend The Final Dividend If Any For The Financial Year 2025-2026.May 18, 2026
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderMay 13, 2026
Announcement under Regulation 30 (LODR)-Change in ManagementMay 06, 2026
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance OfficerApr 24, 2026
Submission Of The Disclosures Received From The Trusts(S) As Per The SEBI "Exemption Order" Dated June 22 2021.Apr 16, 2026
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance OfficerApr 15, 2026
Intimation For Appointment Of Investor And Public Relations Agency Of The CompanyApr 15, 2026
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 07, 2026

Technical Indicators

RSI(14)
Neutral
44.02
ATR(14)
Less Volatile
9.35
STOCH(9,6)
Oversold
6.64
STOCH RSI(14)
Oversold
7.60
MACD(12,26)
Bearish
-1.36
ADX(14)
Strong Trend
28.93
UO(9)
Bullish
24.37
ROC(12)
Downtrend And Accelerating
-4.85
WillR(14)
Oversold
-98.64