Gulshan Polyols

Why is Gulshan Polyols Ltd falling/rising?

As of 01-Sep, Gulshan Polyols Ltd's stock price is declining, currently at Rs 188.10, down 1.08% and reflecting a broader trend of a 4.32% drop over the past five days. Despite positive financial results, concerns about high debt and reduced investor interest are contributing to the stock's poor performance.

As of 01-Sep, Gulshan Polyols Ltd's stock price is falling, currently at Rs 188.10, reflecting a decrease of Rs 2.05 or 1.08%. This decline is part of a broader trend, as the stock has been losing value for the past five days, resulting in a total drop of 4.32% during this period. Additionally, the stock has underperformed its sector by 0.66% today.<BR><BR>Investor participation appears to be decreasing, with the delivery volume on August 31 falling by 37.99% compared to the five-day average, indicating reduced interest among investors. The stock also touched an intraday low of Rs 186.2, which is a further sign of weakness.<BR><BR>While the company has reported positive financial results, including a significant growth in net profit and consistent positive performance over the last five quarters, the stock's current performance is overshadowed by its recent price declines and poor long-term growth prospects. The high Debt to EBITDA ratio of 1.36 times raises concerns about the company's ability to service its debt, contributing to the negative sentiment surrounding the stock. Overall, these factors collectively explain the current downward movement in Gulshan Polyols Ltd's stock price.

Which are the latest news on Gulshan Polyols?

Should I buy, sell or hold Gulshan Polyols Ltd?

Who are in the management team of Gulshan Polyols?

The management team of Gulshan Polyols includes Chandra Kumar Jain (Chairman & Managing Director), A K Vats (Whole Time Director & CEO), Aditi Pasari and Arushi Jain (Joint Managing Directors), and independent directors Akhilesh Kumar Maheshwari, Rakesh Kumar Gupta, and Archana Jain. They are responsible for the company's strategic direction and operations.

The management team of Gulshan Polyols includes the following key members:<BR><BR>1. **Chandra Kumar Jain** - Chairman & Managing Director<BR>2. **A K Vats** - Whole Time Director & CEO<BR>3. **Aditi Pasari** - Joint Managing Director<BR>4. **Arushi Jain** - Joint Managing Director<BR>5. **Akhilesh Kumar Maheshwari** - Independent Director<BR>6. **Rakesh Kumar Gupta** - Independent Director<BR>7. **Archana Jain** - Independent Director<BR><BR>This team plays a crucial role in guiding the company's strategic direction and operations.

What does Gulshan Polyols do?

Gulshan Polyols Ltd is a micro-cap company in the Other Agricultural Products industry, primarily manufacturing Calcium Carbonate products. As of June 2026, it reported net sales of 640 Cr and a net profit of 54 Cr, with a market cap of INR 1,187 Cr.

Overview: <BR>Gulshan Polyols Ltd is a micro-cap company operating in the Other Agricultural Products industry, primarily engaged in the manufacturing of Calcium Carbonate, including both Precipitated Calcium Carbonate (PCC) and Activated Calcium Carbonate (ACC).<BR><BR>History: <BR>Gulshan Polyols Ltd was incorporated in 1981 as 'Gulshan Sugars & Chemicals Limited'. The company has undergone regular expansions in its Calcium Carbonate segment, increasing its production capacity to 1,05,000 MTPA. The most recent quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 640 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 54 Cr (Quarterly Results - Jun 2026) <BR>Market-cap: INR 1,187 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>P/E: 28.00 <BR>Industry P/E: 43 <BR>Dividend Yield: 0.93% <BR>Debt-Equity: 0.68 <BR>Return on Equity: 6.66% <BR>Price to Book: 1.88 <BR><BR>Contact Details: <BR>Address: 9th K M Jansath Road, Muzaffarnagar, Uttar Pradesh: 251001 <BR>Tel: 91-0131-3295880 <BR>Email: cs@gulshanindia.com <BR>Website: http://www.gulshanindia.com

Who are the peers of the Gulshan Polyols?

Gulshan Polyols' peers include Sanstar, GRM Overseas, Chamanlal Setia, AVT Natural Prod, Krishival Foods, Bombay Super Hyb, Regaal Resources, and KN Agri Resource. In terms of performance, Sanstar leads with a 1-year return of 35.43%, while Gulshan Polyols has a return of 17.09%.

Peers: The peers of Gulshan Polyols are Sanstar, GRM Overseas, Chamanlal Setia, AVT Natural Prod, Krishival Foods, Bombay Super Hyb, Regaal Resources, and KN Agri Resource.<BR><BR>Quality Snapshot: Excellent management risk is observed at Sanstar, Chamanlal Setia, AVT Natural Prod, and Krishival Foods, while Average management risk is found at GRM Overseas, Chamanlal Setia, AVT Natural Prod, Gulshan Polyols, Bombay Super Hyb, Regaal Resources, and KN Agri Resource. Below Average management risk is noted at Sanstar and KN Agri Resource. In terms of Growth, Excellent growth is seen at Krishival Foods and Regaal Resources, while Below Average growth is present at Sanstar, GRM Overseas, Chamanlal Setia, AVT Natural Prod, Gulshan Polyols, Bombay Super Hyb, and KN Agri Resource. For Capital Structure, Excellent capital structure is noted at Sanstar, Chamanlal Setia, AVT Natural Prod, and Krishival Foods, while Below Average capital structure is observed at GRM Overseas, Gulshan Polyols, and Regaal Resources, with Good capital structure at KN Agri Resource.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Sanstar at 35.43%, while GRM Overseas has the lowest at -29.08%. Gulshan Polyols has a 1-year return of 17.09%, which is higher than GRM Overseas but lower than Sanstar. Additionally, Bombay Super Hyb and KN Agri Resource have negative six-month returns.

How big is Gulshan Polyols?

As of 31st August, Gulshan Polyols Ltd has a market capitalization of 1,187.00 Cr, with recent Net Sales of 2,259.59 Cr and a Net Profit of 42.65 Cr.

As of 31st August, Gulshan Polyols Ltd has a market capitalization of 1,187.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Gulshan Polyols reported Net Sales of 2,259.59 Cr and a Net Profit of 42.65 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 613.18 Cr and Total Assets totaling 1,322.81 Cr.

When is the next results date for Gulshan Polyols Ltd?

The next results date for Gulshan Polyols Ltd is 22 May 2026.

The next results date for Gulshan Polyols Ltd is scheduled for 22 May 2026.

Is Gulshan Polyols technically bullish or bearish?

As of November 7, 2025, Gulshan Polyols exhibits a mildly bearish trend, with bearish signals from MACD, KST, and moving averages, although some underlying strength is indicated by Dow Theory and OBV.

As of 7 November 2025, the technical trend for Gulshan Polyols has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by several key indicators. The MACD is bearish on both weekly and monthly time frames, and the KST also shows bearish signals on both time frames. The moving averages indicate a mildly bearish trend on the daily chart. Bollinger Bands confirm a mildly bearish outlook on both weekly and monthly time frames. However, there are some mildly bullish signals from the Dow Theory and OBV on the weekly and monthly charts, suggesting some underlying strength. Overall, the bearish indicators outweigh the bullish signals, leading to a mildly bearish stance.

Is Gulshan Polyols overvalued or undervalued?

As of November 7, 2025, Gulshan Polyols is considered fairly valued with a PE ratio of 22.54, lower than its peers, indicating strong growth potential despite a year-to-date decline of 12.04%.

As of 7 November 2025, the valuation grade for Gulshan Polyols has moved from very attractive to attractive. The company is currently considered fairly valued. Key ratios include a PE ratio of 22.54, an EV to EBITDA of 30.19, and a PEG ratio of 0.24, which indicates strong growth potential relative to its price.<BR><BR>In comparison to its peers, Gulshan Polyols has a PE ratio that is significantly lower than Solar Industries at 97.45 and Gujarat Fluoroch at 63.86, both of which are deemed very expensive. Additionally, Godrej Industries, which is rated attractive, has a PE ratio of 35.95, further highlighting Gulshan's relative valuation. Despite recent stock performance showing a decline of 12.04% year-to-date compared to a 6.50% rise in the Sensex, the company's valuation metrics suggest it is positioned well within its industry.

Are Gulshan Polyols latest results good or bad?

Gulshan Polyols' latest Q2 FY26 results show strong profit growth with a net profit increase of 1190.98% year-on-year and improved operating margins, but revenue declined 8.68% from the previous quarter, raising concerns about sustainability. Overall, the results are positive in terms of profitability, but caution is advised regarding future performance.

Gulshan Polyols' latest results for Q2 FY26 indicate a mixed performance, but overall, there are several positive highlights. The company reported a net profit of ₹15.75 crores, which represents a remarkable year-on-year increase of 1190.98%. This significant growth in net profit is a strong indicator of improved profitability, particularly when compared to the previous year's figure of just ₹1.22 crores.<BR><BR>Revenue for the quarter was ₹541.72 crores, showing a healthy year-on-year growth of 22.99%. However, it is important to note that this figure reflects an 8.68% decline from the previous quarter, which raises some concerns about demand sustainability.<BR><BR>Operating margins also improved, reaching 7.73%, up 405 basis points from the same quarter last year. This improvement in margins suggests that the company has been effective in managing costs and enhancing operational efficiency.<BR><BR>Despite these positive developments, the sequential decline in revenue and the company's relatively low return ratios, such as a return on equity of 4.02%, indicate ongoing challenges. The absence of institutional interest and the stock's significant underperformance over the past year further complicate the outlook.<BR><BR>In summary, while Gulshan Polyols has shown impressive improvements in profitability and margins, the concerns regarding revenue sustainability and overall return ratios suggest that the results are good in terms of profit growth but come with cautionary notes about future performance.

How has been the historical performance of Gulshan Polyols?

Gulshan Polyols has seen significant growth in net sales from 1,100.73 Cr in Mar'22 to 2,019.68 Cr in Mar'25, but rising raw material costs have led to declining profitability, with profit after tax falling from 85.25 Cr to 24.67 Cr. Despite increased total assets and liabilities, cash flow from operating activities has decreased, indicating liquidity challenges.

Answer:<BR>The historical performance of Gulshan Polyols shows a significant increase in net sales and total operating income over the past four years, with net sales rising from 1,100.73 Cr in Mar'22 to 2,019.68 Cr in Mar'25. However, the company has faced rising raw material costs, which increased from 564.34 Cr in Mar'22 to 1,459.16 Cr in Mar'25. Despite the growth in sales, operating profit has fluctuated, peaking at 150.12 Cr in Mar'22 and dropping to 100.23 Cr in Mar'25. Profit before tax has also seen a decline from 114.80 Cr in Mar'22 to 34.43 Cr in Mar'25, while profit after tax decreased from 85.25 Cr in Mar'22 to 24.67 Cr in Mar'25. The earnings per share (EPS) have similarly declined from 13.66 in Mar'22 to 3.95 in Mar'25. On the balance sheet, total assets increased from 773.94 Cr in Mar'22 to 1,322.81 Cr in Mar'25, with total liabilities also rising from 773.94 Cr to 1,322.81 Cr during the same period. The cash flow from operating activities has decreased from 60.00 Cr in Mar'22 to 41.00 Cr in Mar'25, indicating challenges in cash generation despite increased sales.<BR><BR>Breakdown:<BR>Gulshan Polyols has experienced a robust growth trajectory in net sales, which surged from 1,100.73 Cr in Mar'22 to 2,019.68 Cr in Mar'25, reflecting a strong demand for its products. However, this growth has been accompanied by a sharp rise in raw material costs, which escalated from 564.34 Cr to 1,459.16 Cr, impacting profitability. Operating profit has shown volatility, with a peak of 150.12 Cr in Mar'22, but declining to 100.23 Cr by Mar'25. Profit before tax and profit after tax have both decreased significantly, highlighting the pressures on the company's bottom line, with profit after tax dropping from 85.25 Cr to 24.67 Cr. The earnings per share have also fallen, indicating reduced returns for shareholders. On the balance sheet, total assets and total liabilities have both increased, reflecting the company's expansion but also its growing debt levels. Cash flow from operating activities has diminished, suggesting challenges in maintaining liquidity despite higher sales figures.

Who are the top shareholders of the Gulshan Polyols?

The top shareholders of Gulshan Polyols include Chandra Kumar Jain, holding 20.94% as Trustee of the Gulshan Family Benefit Trust, and individual investors with a combined 24.21%. There are also five Foreign Institutional Investors with 0.06%, while no mutual funds or pledged promoter holdings are present.

The top shareholders of Gulshan Polyols include the promoters, with the most significant holding being Chandra Kumar Jain, who is the Trustee of the Gulshan Family Benefit Trust, holding 20.94%. Additionally, individual investors collectively hold 24.21% of the shares. There are also five Foreign Institutional Investors (FIIs) that hold a small percentage, specifically 0.06%. Notably, there are no mutual funds currently holding shares in the company, and there are no pledged promoter holdings.

What is the bonus history of the Gulshan Polyols?

Gulshan Polyols announced a 1:5 bonus issue on June 21, 2023, granting shareholders one additional share for every five shares held, with the record date also on June 21, 2023.

Gulshan Polyols has a recent bonus history that includes a 1:5 bonus issue, which was announced with an ex-date of June 21, 2023. This means that for every five shares held, shareholders received one additional share. The record date for this bonus was also June 21, 2023. If you have any more questions about the company or its financial activities, feel free to ask!

Has Gulshan Polyols declared dividend?

Gulshan Polyols Ltd has declared a 30% dividend, amounting to ₹0.3 per share, with an ex-date of September 12, 2024. While total returns vary over different periods, the company has shown significant growth, particularly with a total return of 637.51% over the past five years.

Gulshan Polyols Ltd has declared a 30% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 30%<BR>- Amount per share: 0.3<BR>- Ex-date: 12 Sep 24<BR><BR>Dividend Yield: 0.16%.<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was 2.2%, with no dividend return, resulting in a total return of 2.2%.<BR><BR>For the 1-year period, the price return was 7.32%, the dividend return was 0.16%, leading to a total return of 7.48%.<BR><BR>Over the 2-year period, the price return was -16.76%, the dividend return was 0.34%, resulting in a total return of -16.42%.<BR><BR>In the 3-year period, the price return was -4.44%, with a dividend return of 1.03%, culminating in a total return of -3.41%.<BR><BR>During the 4-year period, the price return was 37.39%, the dividend return was 1.99%, which gave a total return of 39.38%.<BR><BR>For the 5-year period, the price return was 624.43%, with a dividend return of 13.08%, resulting in an impressive total return of 637.51%.<BR><BR>Overall, Gulshan Polyols has declared a dividend, and while the recent total returns show variability over different periods, the long-term performance, especially over five years, indicates significant growth.