Gulshan Polyols
FMCG
GULPOLY NSE
₹159.21 +7.44 (+4.90%)
- P/E
- 6.73
Close 4 Nov 2026 ₹159.21 +7.65 +5.05% 1Y
Start ₹151.56
Key Fundamentals
MicrocapConsumer GoodsFMCGPrice-based figures as of · EPS basis: Standalone · TTM
- ROCE
- 18.60%
- Debt to Equity
- 0.44
- EPS (TTM)
- ₹23.65
- Book Value
- ₹115.21
- Market Cap
- —
- P/E (TTM)
- 6.73
- P/B
- 1.38
- ROE
- 16.60%
- Dividend Yield
- 0.99%
- EBITDA
- ₹100 Cr
- 52W High
- ₹227.63
- 52W Low
- ₹121.50
- Day Range
- ₹151.00 – ₹159.99
- Volume
- 1,12,562
Peer Comparison
Fast Moving Consumer Goods › FMCG › Agricultural Products › Other Agricultural Products
| ₹410.10 | 22.24 | ₹14,281 Cr | 2.91 | 0.73% | 14.70% | 17.60% | ₹11,633 Cr | ₹640 Cr | |
| ₹408.65 | 12.33 | ₹9,318 Cr | 1.50 | 1.12% | 11.70% | 15.20% | ₹6,009 Cr | ₹758 Cr | |
| ₹152.09 | 16.77 | ₹6,847 Cr | 1.94 | 0.20% | 9.72% | 12.50% | ₹6,032 Cr | ₹416 Cr | |
| ₹680.25 | 14.02 | ₹3,469 Cr | 1.73 | 0.75% | 15.00% | 15.80% | ₹1,279 Cr | ₹249 Cr | |
| ₹369.45 | 20.27 | ₹3,167 Cr | 1.96 | 0.00% | 8.38% | 10.40% | ₹2,050 Cr | ₹159 Cr | |
| ₹222.57 | 15.79 | ₹2,241 Cr | 2.33 | 0.00% | 15.80% | 15.70% | ₹2,627 Cr | ₹132 Cr | |
| ₹92.98 | 23.84 | ₹1,926 Cr | 3.21 | 0.48% | 14.20% | 14.00% | ₹1,869 Cr | ₹77 Cr | |
| Gulshan Polyols (this company) | ₹159.21 | 6.73 | ₹961 Cr | 1.38 | 0.99% | 16.60% | 18.60% | ₹2,359 Cr | ₹149 Cr |
| Median 8 companies | ₹296.01 | 16.28 | ₹3,318 Cr | 1.95 | 0.61% | 14.45% | 15.45% | ₹2,493 Cr | ₹204 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
56 Good
Data confidence 98/100
Category scores
- Quality
- 66
- Good
- Returns, margins, earnings quality 22% weight
- Valuation
- 81
- Strong
- Cheap vs sector & own history 24% weight
- Growth
- 53
- Average
- Sales & profit trajectory 9% weight
- Financial Health
- 38
- Weak
- Solvency, leverage, coverage 9% weight
- Momentum
- 25
- Poor
- Trend strength, vol-adjusted 12% weight
- Ownership
- 46
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
2- Company's median sales growth is 15.6% of last 10 years
- Company's working capital requirements have reduced from 15.9 days to 11.1 days
Weaknesses
1- Company has a low return on equity of 7.75% over last 3 years.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Bearish | 8 | 6 | 5 |
| Oscillators | Bearish | 2 | 6 | 1 |
| Moving Averages | Strong Bearish | 6 | 0 | 4 |
Oscillators
Bearish
Bearish
2
Neutral
6
Bullish
1
Overall
Bearish
Bearish
8
Neutral
6
Bullish
5
Moving Averages
Strong Bearish
Bearish
6
Neutral
0
Bullish
4
Key readings
- RSI (14)
- 50.37
- Neutral
- MACD (12,26,9)
- −5.32
- Bullish
- SMA (50)
- 169.20
- Bearish
- SMA (200)
- 172.95
- Bearish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +18.24% |
|---|---|
| 5Y | +24.72% |
| 3Y | +25.13% |
| 1Y | +14.46% |
| TTM | +9.36% |
Net profit
| 10Y | +13.56% |
|---|---|
| 5Y | +11.53% |
| 3Y | +33.47% |
| 1Y | +328.00% |
| TTM | +432.14% |
Operating cash flow
| 10Y | +14.17% |
|---|---|
| 5Y | +14.32% |
| 3Y | +134.76% |
| 1Y | +392.86% |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | −3.97 pp |
|---|---|
| 5Y | −6.98 pp |
| 3Y | +2.66 pp |
| 1Y | +5.32 pp |
| TTM | +6.73 pp |
Revenue by year
| Mar 2017 | ₹492 Cr |
|---|---|
| Mar 2018 | ₹616 Cr |
| Mar 2019 | ₹674 Cr |
| Mar 2020 | ₹621 Cr |
| Mar 2021 | ₹766 Cr |
| Mar 2022 | ₹1,101 Cr |
| Mar 2023 | ₹1,180 Cr |
| Mar 2024 | ₹1,378 Cr |
| Mar 2025 | ₹2,020 Cr |
| Mar 2026 | ₹2,312 Cr |
Net profit by year
| Mar 2017 | ₹27.00 Cr |
|---|---|
| Mar 2018 | ₹18.00 Cr |
| Mar 2019 | ₹21.00 Cr |
| Mar 2020 | ₹21.00 Cr |
| Mar 2021 | ₹62.00 Cr |
| Mar 2022 | ₹85.00 Cr |
| Mar 2023 | ₹45.00 Cr |
| Mar 2024 | ₹18.00 Cr |
| Mar 2025 | ₹25.00 Cr |
| Mar 2026 | ₹107 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | 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 | 293 | 308 | 371 | 406 | 455 | 440 | 610 | 515 | 593 | 542 | 627 | 551 | 640 |
| Expenses | 282 | 292 | 360 | 386 | 431 | 424 | 583 | 486 | 557 | 500 | 542 | 485 | 555 |
| Operating Profit | 12 | 16 | 11 | 19 | 24 | 16 | 27 | 29 | 37 | 42 | 85 | 66 | 85 |
| OPM % | 4% | 5% | 2.9% | 4.8% | 5% | 3.7% | 4.4% | 6% | 6% | 8% | 14% | 12% | 13% |
| Other Income | 4 | 4 | 3 | 1 | 2 | 1 | 1 | 1 | 2 | 0 | 0 | −1 | 6 |
| Interest | 2 | 4 | 1 | 4 | 4 | 7 | 8 | 9 | 8 | 8 | 16 | 8 | 7 |
| Depreciation | 9 | 10 | 5 | 9 | 8 | 8 | 11 | 10 | 11 | 11 | 12 | 11 | 11 |
| PBT | 5 | 7 | 8 | 8 | 13 | 2 | 9 | 11 | 20 | 22 | 58 | 46 | 73 |
| Tax % | 7% | 67% | 42% | 23% | 25% | 33% | 25% | 33% | 34% | 31% | 29% | 18% | 27% |
| Net Profit | 4 | 2 | 5 | 6 | 10 | 1 | 7 | 7 | 13 | 16 | 41 | 38 | 54 |
| EPS (₹) | 0.7 | 0.36 | 0.75 | 1.02 | 1.56 | 0.21 | 1.09 | 1.13 | 2.11 | 2.49 | 6.56 | 6.02 | 8.58 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 395 | 433 | 492 | 616 | 674 | 621 | 766 | 1,101 | 1,180 | 1,378 | 2,020 | 2,312 | 2,359 |
| Expenses | 341 | 372 | 431 | 547 | 590 | 552 | 635 | 951 | 1,092 | 1,320 | 1,923 | 2,079 | 2,081 |
| Operating Profit | 54 | 61 | 60 | 69 | 84 | 69 | 131 | 150 | 88 | 58 | 97 | 234 | 278 |
| OPM % | 14% | 14% | 12% | 11% | 12% | 11% | 17% | 14% | 7% | 4.2% | 4.8% | 10% | 12% |
| Other Income | 3 | 5 | 4 | 2 | 2 | 1 | 2 | 2 | 7 | 12 | 4.87 | −2 | 5 |
| Interest | 3 | 4 | 6 | 11 | 14 | 11 | 7 | 5 | 6 | 10 | 28 | 41 | 39 |
| Depreciation | 23 | 24 | 28 | 36 | 44 | 31 | 33 | 32 | 29 | 32 | 37 | 45 | 45 |
| PBT | 32 | 38 | 30 | 24 | 27 | 27 | 94 | 115 | 60 | 28 | 35 | 145 | 199 |
| Tax % | 20% | 19% | 10% | 23% | 21% | 25% | 33% | 26% | 25% | 36% | 28% | 26% | — |
| Net Profit | 25 | 30 | 27 | 18 | 21 | 21 | 62 | 85 | 45 | 18 | 25 | 107 | 147 |
| EPS (₹) | 4.76 | 5.49 | 4.86 | 3.24 | 3.81 | 3.66 | 11.09 | 14.4 | 7.27 | 2.83 | 3.97 | 17.18 | 23.65 |
| Div. Payout % | 12% | 11% | 39% | 18% | 15% | 16% | 8% | 12% | 6% | 11% | 8% | 9% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 6 |
| Reserves | 197 | 229 | 254 | 268 | 286 | 301 | 361 | 530 | 570 | 584 | 607 | 712 |
| Borrowings | 100 | 148 | 163 | 182 | 145 | 101 | 11 | 112 | 248 | 349 | 397 | 318 |
| Other Liabilities | 47 | 54 | 79 | 58 | 47 | 51 | 120 | 126 | 164 | 217 | 312 | 268 |
| Total Liabilities | 348 | 436 | 502 | 513 | 482 | 457 | 496 | 774 | 988 | 1,157 | 1,323 | 1,304 |
| Fixed Assets | 142 | 145 | 198 | 298 | 273 | 260 | 241 | 240 | 279 | 521 | 718 | 696 |
| CWIP | 7 | 97 | 97 | 1 | 5 | 3 | 3 | 91 | 278 | 182 | 4 | 7 |
| Investments | 5 | 7 | 8 | 6 | 0 | 0 | 0 | 26 | 23 | 15 | 17 | 47 |
| Other Assets | 195 | 187 | 199 | 209 | 204 | 193 | 252 | 417 | 408 | 438 | 584 | 554 |
| Total Assets | 348 | 436 | 502 | 513 | 482 | 457 | 496 | 774 | 988 | 1,157 | 1,323 | 1,304 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 50 | 55 | 81 | 42 | 87 | 44 | 106 | 61 | 16 | 66 | 42 | 207 |
| Investing | −11 | −116 | −81 | −37 | −17 | −16 | −12 | −136 | −247 | −158 | −54 | −60 |
| Financing | −2 | 36 | −1 | −4 | −48 | −51 | −79 | 170 | 124 | 88 | 13 | −121 |
| Net Cash Flow | 37 | −25 | −2 | 2 | 22 | −23 | 15 | 95 | −108 | −4 | 0 | 27 |
| Free Cash Flow | 28 | −62 | −3 | 2 | 64 | 28 | 93 | −52 | −238 | −113 | −14 | 181 |
| CFO/OP | 104 | 103 | 143 | 66 | 113 | 73 | 93 | 60 | 37 | 125 | 48 | 96 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 59 | 62 | 66 | 69 | 54 | 48 | 47 | 40 | 44 | 44 | 33 | 32 |
| Inventory Days | 87 | 76 | 116 | 84 | 54 | 89 | 89 | 69 | 82 | 62 | 76 | 53 |
| Days Payable | 36 | 39 | 68 | 38 | 21 | 30 | 55 | 37 | 42 | 52 | 60 | 38 |
| Cash Conversion Cycle | 110 | 99 | 115 | 115 | 87 | 108 | 80 | 72 | 84 | 54 | 49 | 48 |
| Working Capital Days | 21 | 30 | 12 | 15 | 12 | 31 | 57 | 26 | 33 | 27 | 9 | 11 |
| ROCE % | 12% | 12% | 9% | 8% | 9% | 9% | 25% | 23% | 9% | 3% | 6% | 19% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Gulshan Polyols insights
64 extracted metrics across FY11–FY27.
Documents
- Q1 FY27 concall · Aug 2026Transcript PPT Recording
- Q4 FY26 concall · May 2026Transcript PPT
- Q3 FY26 concall · Feb 2026Transcript PPT
- Q2 FY26 concall · Nov 2025Transcript PPT Recording
- Q1 FY26 concall · Aug 2025PPT
- 23 Jul 2026
- 24 Jul 2025
- 21 Feb 2025
- 25 Apr 2024
- 18 Dec 2023
- General announcements 7 Oct 2026
- General announcements 17 Sep 2026
Frequently Asked Questions about Gulshan Polyols
What does Gulshan Polyols Ltd do?
Incorporated in 1981, Gulshan Polyols Ltd is a manufacturer of Ethanol and other speciality chemicals.
Where is Gulshan Polyols Ltd (GULPOLY) listed?
Gulshan Polyols Ltd trades as GULPOLY on the NSE and under code 532457 on the BSE.
Which sector does Gulshan Polyols Ltd belong to?
Gulshan Polyols Ltd is classified under the FMCG sector, in the Agricultural Products industry.
What is the PE ratio of Gulshan Polyols Ltd?
Gulshan Polyols Ltd trades at a PE ratio of 6.73 as of 4 Nov 2026, on earnings per share of ₹23.65, against a book value of ₹115.21 per share.
What is the 52-week high and low of Gulshan Polyols Ltd?
Over the last 52 weeks Gulshan Polyols Ltd has traded between ₹121.5 and ₹227.63 as of 4 Nov 2026.
Does Gulshan Polyols Ltd pay dividends?
Gulshan Polyols Ltd has a dividend yield of 0.99%.
What is the Return on Equity (ROE) of Gulshan Polyols Ltd?
Gulshan Polyols Ltd reported a return on equity of 16.60%. Its debt-to-equity ratio is 0.44.
Company Information
Incorporated in 1981, Gulshan Polyols Ltd is a manufacturer of Ethanol and other speciality chemicals.
Website gulshanindia.com
CEO Dr. Chandra Kumar Jain B.Sc.
Employees 565
Listed 28 Jan 2015
Face Value ₹1
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/GULPOLY.md for Gulshan Polyols Ltd: dated key facts, then this page's sections in order: latest price, key fundamentals, peer comparison, the Tapetide Score, technical indicators, analyst ratings, growth rates, analyst forecasts, the AI analysis and news digest (labelled as AI-generated), financial statements, shareholding pattern, documents and the FAQ.
Append .md to any Tapetide URL for
the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For
live, structured queries instead of documents, use our Indian stock market MCP server.