Gulshan Polyols Faces Financial Grade Downgrade Amidst Strong Sales Growth and Rising Costs

Gulshan Polyols, a small-cap player in the Other Agricultural Products sector, has recently undergone an evaluation adjustment that reflects changes in its financial metrics and overall market position. The company's score has been revised, indicating a shift in its financial grade, which has transitioned from a more favorable standing to a less favorable one.
In the latest six-month period, Gulshan Polyols reported net sales of Rs 1,124.64 crore, showcasing a growth rate of 44.80%. Additionally, the profit after tax (PAT) reached Rs 13.76 crore, marking a growth of 22.75%. The company also achieved a notable performance in its quarterly profit before tax, which stood at Rs 9.74 crore, reflecting a growth of 45.2% compared to the previous four-quarter average. The debtors turnover ratio reached a high of 10.95 times, and the operating profit to net sales ratio was recorded at 5.61%.

However, the company faces challenges, including the highest interest expense recorded at Rs 8.78 crore. Over the past year, Gulshan Polyols has generated a return of 2.31%, while the Sensex has returned 8.97% during the same period.

This evaluation adjustment underscores the complexities of Gulshan Polyols' current financial landscape, highlighting both its strengths and areas of concern.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.