Company Overview
Gulshan Polyols Limited engages in the mineral and grain processing, and ethanol distillery businesses in India. The company provides starch sugar products, such as sorbitol 70% solution, dextrose monohydrate, malto dextrine powder, liquid glucose, brown rice syrups, and rice syrup solids; organic sweeteners; native starches; and animal nutrition products comprising dried distillers grain solids, corn/maize gluten feed, corn germ, cattle feed/enriched fiber, rice protein/gluten, and corn steep liquor products. It also offers activated, precipitated, and ground calcium carbonate products. In addition, the company provides grain based extra neutral alcohol, ethanol from damaged food grain, and country liquor, as well as alcoholic beverages under the Tiger Gold and Golden Deer brands. It serves pharmaceutical, personal care, footwear, tyres, rubber and plastic, paint, alcohol, ethanol, paper, agrochemical, printing, automobiles, animal feed, oil marketing, and food and agro industries. The company also exports its products. Gulshan Polyols Limited was founded in 1981 and is based in Delhi, India.
Why Investors Should Care
Return on capital employed stands at 21.3%.
Net profit has compounded at 33.4% per year over the last five years.
Revenue has grown at a 25.8% CAGR over the past five years.
Trades at a P/E of 6.7, below the sector median of 20.9.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹2,312.42 Cr (+14.5% YoY); net profit ₹107.15 Cr.
- Trailing 12 Months Year-on-year growth — revenue +7.9%, earnings +306.6%.
- 5-Year Trend Long-term compounding — revenue CAGR 25.8%, profit CAGR 33.4%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 25.79% |
| 1 Year: | 7.90% |
Compounded Profit Growth
| 5 Years: | 33.35% |
| 1 Year: | 306.60% |
Stock Price Performance
| 1 Year: | -5.91% |
| 6 Months: | -10.27% |
| 3 Months: | -18.65% |
| 1 Month: | -9.02% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)37.76 · Neutral
P/E of 6.65 is below the sector median of 20.95 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Healthy ROCE of 21.3%.
- Compounding revenue at 25.8% over 5 years.
- Profit CAGR of 33.4% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading 26.2% below its 52-week high.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Basic Materials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | GULPOLY Gulshan Polyols Limited NSEINFRA | 157.49 | 6.65 | ₹979.33 Cr | 0.94% | 21.27% | 14.91% | 25.79% | 33.35% |
| 2 | ULTRACEMCO UltraTech Cement Limited NIFTY50NSEINFRA | 10,958.00 | 37.77 | ₹3.22 L Cr | 2.25% | 11.84% | 10.66% | 11.92% | 17.26% |
| 3 | JSWSTEEL JSW Steel Limited NIFTY50NSEAIINFRA | 1,220.00 | 12.04 | ₹2.98 L Cr | 0.58% | 18.75% | 22.30% | 3.61% | 75.28% |
| 4 | ASIANPAINT Asian Paints Limited NIFTY50NSEINFRA | 2,284.80 | 45.45 | ₹2.19 L Cr | 1.19% | 24.41% | 20.24% | 1.10% | 1.75% |
| 5 | HINDZINC Hindustan Zinc Limited NSEINFRA | 518.00 | 12.82 | ₹2.19 L Cr | 2.07% | 61.97% | 61.13% | 5.61% | 9.58% |
| 6 | TATASTEEL Tata Steel Limited NIFTY50NSEAIINFRA | 172.33 | 19.47 | ₹2.15 L Cr | 2.33% | 11.32% | 10.56% | -1.59% | 7.21% |
| 7 | HINDALCO Hindalco Industries Limited NIFTY50NSEAIINFRA | 885.60 | 12.01 | ₹1.97 L Cr | 0.56% | 9.42% | 9.80% | 7.10% | 9.87% |
| 8 | GRASIM Grasim Industries Limited NIFTY50NSEINFRA | 2,894.40 | 34.52 | ₹1.96 L Cr | 0.35% | 3.98% | 4.80% | 14.30% | -10.06% |
| 9 | SOLARINDS Solar Industries India Limited NSEINFRA | 19,010.00 | 86.39 | ₹1.72 L Cr | 0.06% | 29.51% | 26.72% | 12.39% | 30.36% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 276.00 Cr | 332.00 Cr | 302.00 Cr | 293.00 Cr | 308.00 Cr | 371.00 Cr | 406.00 Cr | 455.00 Cr | - | - | 514.88 Cr | 593.23 Cr | 541.72 Cr | 626.65 Cr | 550.82 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | 348.53 Cr | 422.68 Cr | 365.28 Cr | 403.95 Cr | 342.54 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | 166.35 Cr | 170.56 Cr | 176.44 Cr | 222.70 Cr | 208.28 Cr |
| Operating Expenses | 257.00 Cr | 310.00 Cr | 276.00 Cr | 282.00 Cr | 292.00 Cr | 360.00 Cr | 386.00 Cr | 431.00 Cr | - | - | 147.82 Cr | 144.51 Cr | 146.02 Cr | 149.46 Cr | 153.54 Cr |
| Operating Income | 12.00 Cr | 15.00 Cr | 19.00 Cr | 3.00 Cr | 6.00 Cr | 6.00 Cr | 10.00 Cr | 16.00 Cr | - | - | 18.53 Cr | 26.05 Cr | 30.43 Cr | 73.25 Cr | 54.74 Cr |
| EBITDA | 19.00 Cr | 22.00 Cr | 26.00 Cr | 12.00 Cr | 16.00 Cr | 11.00 Cr | 19.00 Cr | 24.00 Cr | - | - | 29.67 Cr | 38.49 Cr | 42.16 Cr | 85.58 Cr | 65.41 Cr |
| Interest Expense | 1.00 Cr | 2.00 Cr | 2.00 Cr | 2.00 Cr | 4.00 Cr | 0 | 4.00 Cr | 4.00 Cr | - | - | 8.78 Cr | 8.10 Cr | 8.15 Cr | 16.12 Cr | 8.49 Cr |
| Pretax Income | 12.00 Cr | 15.00 Cr | 19.00 Cr | 5.00 Cr | 7.00 Cr | 8.00 Cr | 8.00 Cr | 13.00 Cr | - | - | 10.54 Cr | 19.87 Cr | 22.57 Cr | 57.57 Cr | 45.55 Cr |
| Tax Provision | 2.76 Cr | 3.45 Cr | 4.94 Cr | 35.00 L | 4.69 Cr | 3.36 Cr | 1.76 Cr | 3.25 Cr | - | - | 3.52 Cr | 6.72 Cr | 6.82 Cr | 16.66 Cr | 8.01 Cr |
| Net Income | 9.00 Cr | 12.00 Cr | 14.00 Cr | 4.00 Cr | 2.00 Cr | 5.00 Cr | 7.00 Cr | 10.00 Cr | - | - | 7.02 Cr | 13.14 Cr | 15.75 Cr | 40.90 Cr | 37.54 Cr |
| Diluted EPS | 1.46 | 1.90 | 2.30 | 0.70 | 0.35 | 0.74 | 1.05 | 1.55 | - | - | 1.13 | 2.11 | 2.53 | 6.56 | 6.02 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 1,161.87 Cr | 1,357.89 Cr | 2,019.68 Cr | 2,312.42 Cr |
| Cost of Revenue | - | 822.30 Cr | 1,028.85 Cr | 1,396.11 Cr | 1,534.45 Cr |
| Gross Profit | - | 339.57 Cr | 329.03 Cr | 623.56 Cr | 777.97 Cr |
| Operating Expenses | - | 293.80 Cr | 315.43 Cr | 565.50 Cr | 593.49 Cr |
| Operating Income | - | 45.77 Cr | 13.61 Cr | 58.06 Cr | 184.49 Cr |
| EBITDA | - | 95.06 Cr | 70.28 Cr | 100.31 Cr | 231.43 Cr |
| Interest Expense | - | 6.13 Cr | 10.12 Cr | 28.38 Cr | 40.85 Cr |
| Pretax Income | - | 60.20 Cr | 27.80 Cr | 34.55 Cr | 145.37 Cr |
| Tax Provision | - | 15.02 Cr | 10.04 Cr | 9.77 Cr | 38.22 Cr |
| Net Income | - | 45.18 Cr | 17.76 Cr | 24.79 Cr | 107.15 Cr |
| Diluted EPS | - | 7.24 | 2.85 | 3.97 | 17.18 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Total Assets | - | 987.73 Cr | 1,156.44 Cr | 1,322.81 Cr | 1,291.00 Cr | 1,304.39 Cr |
| Current Assets | - | 382.29 Cr | 433.56 Cr | 567.70 Cr | - | 527.64 Cr |
| Cash & Equivalents | - | 5.16 Cr | 74.23 L | 1.35 Cr | - | 27.76 Cr |
| Inventory | - | 157.37 Cr | 150.40 Cr | 289.92 Cr | - | 222.92 Cr |
| Receivables | - | 141.63 Cr | 166.92 Cr | 184.45 Cr | - | 205.85 Cr |
| Total Liabilities | - | 412.86 Cr | 566.12 Cr | 709.64 Cr | - | 585.81 Cr |
| Current Liabilities | - | 266.57 Cr | 308.72 Cr | 499.87 Cr | - | 428.97 Cr |
| Long Term Debt | - | 127.50 Cr | 228.20 Cr | 169.36 Cr | - | 100.08 Cr |
| Total Debt | - | 252.86 Cr | 353.69 Cr | 397.33 Cr | 453.00 Cr | 312.56 Cr |
| Total Equity | - | 574.87 Cr | 590.32 Cr | 613.18 Cr | 640.00 Cr | 718.58 Cr |
| Shares Outstanding | - | 6.24 Cr | 6.24 Cr | 6.24 Cr | - | 6.24 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 15.44 Cr | 66.28 Cr | 41.78 Cr | 207.45 Cr |
| Investing Cash Flow | - | -247.21 Cr | -158.29 Cr | -54.32 Cr | -60.24 Cr |
| Financing Cash Flow | - | 124.31 Cr | 87.60 Cr | 13.03 Cr | -120.63 Cr |
| Capital Expenditure | - | -254.26 Cr | -179.21 Cr | -56.27 Cr | -26.37 Cr |
| Free Cash Flow | - | -238.82 Cr | -112.93 Cr | -14.49 Cr | 181.08 Cr |
| Net Change in Cash | - | -107.45 Cr | -4.41 Cr | 49.36 L | 26.58 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 29.2% | 24.2% | 30.9% | 33.6% |
| Operating Margin % | - | 3.9% | 1.0% | 2.9% | 8.0% |
| Net Margin % | - | 3.9% | 1.3% | 1.2% | 4.6% |
| ROE % | - | 7.9% | 3.0% | 4.0% | 14.9% |
| ROCE % | - | 6.3% | 1.6% | 7.1% | 21.1% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for GULPOLY
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GULPOLY — Frequently Asked Questions
What is the current share price of Gulshan Polyols Limited (GULPOLY)?
As of 2026-10-24 04:55 IST, Gulshan Polyols Limited (GULPOLY) trades at ₹157.49 on NSE. Its 52-week range is ₹124.35 to ₹213.28.
What is the market capitalisation of GULPOLY?
Gulshan Polyols Limited (GULPOLY) has a market capitalisation of ₹979.33 Cr on NSE.
What is the P/E ratio of GULPOLY?
GULPOLY trades at a trailing price-to-earnings (P/E) ratio of 6.65. The industry average P/E is 20.95. Its price-to-book (P/B) ratio is 1.39.
Does GULPOLY pay a dividend?
Gulshan Polyols Limited (GULPOLY) currently offers a dividend yield of 0.94%.
What is the return on equity (ROE) of GULPOLY?
GULPOLY has a return on equity (ROE) of 14.91%. Its return on capital employed (ROCE) is 21.27%.
Is GULPOLY a good stock to buy?
This page provides a data-driven analysis of Gulshan Polyols Limited (GULPOLY), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.