Gulshan Polyols Limited reported a 56% year-on-year increase in Q1 EBITDA to ₹366.00 million. Consolidated revenue grew 30.5% to ₹5,932.32 crore, with the Ethanol segment contributing ₹4,031.11 crore. Profit after tax rose 35.6% to ₹131.40 crore. The company's Board approved plans to raise up to ₹250.00 crore through a Qualified Institutions Placement or other methods. While Ethanol and Mineral Processing segments performed well, Grain Processing faced challenges.
07Aug 25
Gulshan Polyols Reports 36% Jump in Q1 Net Profit, Revenue Surges 31%
Gulshan Polyols, a manufacturer of ethanol and specialty products, reported a 36% increase in Q1 net profit to Rs 132.00 crore. Revenue rose 31% to Rs 593.00 crore. The Ethanol segment was the primary growth driver, with revenue increasing to Rs 403.11 crore. Grain Processing segment saw improved operating performance despite revenue decline. Mineral Processing maintained profitability. The company plans to raise up to Rs 250.00 crore through a QIP or other methods to support growth initiatives.
25Jul 25
CRISIL Maintains 'A' Rating for Gulshan Polyols, Revises Outlook to Negative
CRISIL Ratings has reaffirmed Gulshan Polyols Limited's long-term rating at 'CRISIL A' while revising the outlook from 'Stable' to 'Negative'. The short-term rating remains 'CRISIL A1'. These ratings apply to bank loan facilities totaling Rs. 525.00 crore. The rating action indicates adequate safety for timely debt servicing but suggests increased risk to the company's credit profile. State Bank of India has the largest exposure among the rated facilities.
20May 25
Gulshan Polyols Q4 Results: EBITDA Surges 49%, Revenue Up 27%
Gulshan Polyols Ltd, a leading manufacturer of polyols and specialty chemicals, has reported impressive Q4 financial results. Revenue increased by 27% year-over-year to ₹5.15 billion, while EBITDA grew by 49% to ₹288.80 million. The company's EBITDA margin improved by 84 basis points to 5.61%. Net profit rose by 10% to ₹70.20 million, showing both year-over-year and sequential growth. These results demonstrate Gulshan Polyols' strong market presence, operational efficiency, and effective cost management.
Gulshan Polyols Secures ₹362.85 Crore Ethanol Supply Contract Under EBPP
Gulshan Polyols Limited has been awarded a contract to supply 55,476 kiloliters of ethanol under the Ethanol Blending Petrol Programme for the 2024-25 supply year. The contract, valued at ₹362.85 crore, was awarded by major Oil Marketing Companies including BPCL, IOCL, HPCL, and MRPL. This allocation positions Gulshan Polyols as a significant contributor to India's renewable energy initiatives and is expected to positively impact the company's revenue.
20Feb 25
Gulshan Polyols Secures Significant Ethanol Allocation for 2024-25, Boosting Order Book
Gulshan Polyols Limited has been allocated 21,220 kiloliters of ethanol for the Ethanol Supply Year 2024-25, valued at approximately ₹124.13 crore. This brings the company's total ethanol supply commitment for ESY 2024-25 to 182,242 kiloliters, with a cumulative order value of ₹1,253.18 crore. The allocation was made by major Oil Marketing Companies including BPCL, IOCL, HPCL, and MRPL for domestic supply of ethanol for blending with petrol.