Gulshan Polyols
- Market cap
- ₹ 940 Cr.
- P/E
- 21.9x
- P/B
- 1.37x
- 52-week range
- 121.5 – 227.63
- ROE
- 17%
- ROCE
- 19%
- Dividend yield
- 1%
- Debt / equity
- 0.44
- Sector
- Agricultural Food & other Products
- Industry
- Other Agricultural Products
- Listed on
- NSE, BSE
About
Gulshan Polyols Limited is an India-based multi-location and multi-product manufacturing company. The Company is engaged in manufacturing/trading of sorbitol, fructose & sweetener, ethanol (biofuel)/ distillery, calcium carbonate, starch & derivatives, by products thereof and onsite PCC plants. It is engaged in manufacturing of chemicals from grain and minerals. Its products and division include ethanol & distillery, grain processing division and mineral processing division. The Company's grain processing division includes starch sugars, native starch powder, organic sweetener and animal nutrition. Its mineral processing division includes calcium carbonate and onsite/satellite precipitated calcium carbonate (PCC) plant. Its distillery plants produce grain based extra neutral alcohol (GENA), ethanol from damaged food grain, country liquor and IMFL. The Company caters to various industries, such as pharmaceuticals, personal care products, footwear, tires, rubber & plastics and paints.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Agricultural Products: 90 companies →Gulshan Polyols against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)21.9 against a typical 14.5: pricier than most peers (1st = cheapest).57th of 88
- Sales growth+7.9% against a typical +19.1% from a year earlier.40th of 68
- Profit growth+315.4% against a typical +5.4% from a year earlier.4th of 59
- Share price, 3 months−24.3% against a typical −1.7%.69th of 81
- Size₹ 939.5 Cr. market value against a typical ₹ 63 Cr. (1st = largest).10th of 85
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A | Stable | 23 Jul 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 23 Jul 2026 | Rating action | Crisil A | — | CRISIL | ₹ 562.3 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 6 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 22 May 2026 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters. |
| 10 Feb 2026 | Financial Results | Gulshan Polyols Limited has informed to the Stock Exchange that the meeting of the Board of Directors of the Company is scheduled to be held on 10/02/2026 ,inter alia, to consider and approve the Unaudited Financial Results of the Company for the quarter and nine months ended December 31, 2025, along with the Limited Review Report thereon. |
| 6 Nov 2025 | Financial Results | Gulshan Polyols Ltd has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/11/2025, inter alia, to consider and approve the Un-audited (Standalone and Consolidated) Financial Results of the Company for the quarter and half year ending September 30, 2025. |
| 7 Aug 2025 | Financial Results/Fund Raising | GULSHAN POLYOLS LTD. has informed NSE that the meeting of the Board of Directors of the Company is scheduled on 07/08/2025 ,inter alia, to consider and approve 1. the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended on June 30, 2025. 2. Proposal of Raising of funds |
| 20 May 2025 | Financial Results/Dividend/Other business matters | Intimation of Board Meeting of the Company pursuant to Regulation 29 of the SEBI (LODR) Regulation, 2015. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | 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 | 308 | 371 | 406 | 455 | 440 | 610 | 515 | 593 | 542 | 627 | 551 | 640 |
| Expenses | 292 | 360 | 386 | 431 | 424 | 583 | 486 | 557 | 500 | 542 | 485 | 555 |
| Operating Profit | 16 | 11 | 19 | 24 | 16 | 27 | 29 | 37 | 42 | 85 | 66 | 85 |
| OPM % | 5% | 2.9% | 4.8% | 5% | 3.7% | 4.4% | 6% | 6% | 8% | 14% | 12% | 13% |
| Other Income | 4 | 3 | 1 | 2 | 1 | 1 | 1 | 2 | 0 | 0 | −1 | 6 |
| Interest | 4 | 1 | 4 | 4 | 7 | 8 | 9 | 8 | 8 | 16 | 8 | 7 |
| Depreciation | 10 | 5 | 9 | 8 | 8 | 11 | 10 | 11 | 11 | 12 | 11 | 11 |
| Profit before tax | 7 | 8 | 8 | 13 | 2 | 9 | 11 | 20 | 22 | 58 | 46 | 73 |
| Tax % | 67% | 42% | 23% | 25% | 33% | 25% | 33% | 34% | 31% | 29% | 18% | 27% |
| Net Profit | 2 | 5 | 6 | 10 | 1 | 7 | 7 | 13 | 16 | 41 | 38 | 54 |
| EPS in Rs | 0.36 | 0.75 | 1.02 | 1.56 | 0.21 | 1.09 | 1.13 | 2.11 | 2.49 | 6.56 | 6.02 | 8.58 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 18%
- 5 Years
- 25%
- 3 Years
- 25%
- TTM
- 9%
- 10 Years
- 14%
- 5 Years
- 12%
- 3 Years
- 36%
- TTM
- 422%
- 10 Years
- 13%
- 5 Years
- −1%
- 3 Years
- −2%
- TTM
- —
- 10 Years
- 10%
- 5 Years
- 9%
- 3 Years
- 8%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Gulshan Polyols | ₹ 150.00 | ₹ 940 Cr. | 21.9x | 1.4x | 17% | — |
| Asian Paints | ₹ 2,305.00 | ₹ 2,21,095 Cr. | 53.4x | 11.1x | 0% | 0% |
| Solar Industries India | ₹ 18,320.00 | ₹ 1,65,778 Cr. | 114.5x | 32.1x | 0% | 0% |
| Pidilite Industries | ₹ 1,514.00 | ₹ 1,54,107 Cr. | 64.8x | 14.7x | 0% | 0% |
| SRF | ₹ 2,309.00 | ₹ 68,444 Cr. | 38.5x | 5.2x | 0% | 0% |
| Coromandel International | ₹ 1,723.60 | ₹ 50,876 Cr. | 28x | 4.5x | 0% | 0% |
Management
- Chandra Kumar Jain
- Chairman of the Board, Managing Director
- Ashwani Kumar Vats
- Chief Executive Officer, Whole Time Director
- Rajiv Gupta
- Chief Financial Officer
- Reetika Pant
- Company Secretary and Compliance Officer
- Arushi Jain
- Joint Managing Director, Executive Director
- Aditi Pasari
- Joint Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.