Gulshan Polyols Ltd.

BSE: GULPOLY532457ISIN INE255D01024

Fast Moving Consumer Goods
Other Agricultural Products
BSE Fast Moving Consumer Goods

Share price

₹158.80+7.20 (+4.75%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹227.65
52W low: ₹121.75
Off 52W high: -30.24%
1M return: -1.34%
3M return: -23.93%
6M return: -16.05%
1Y return: +1.21%
20D avg volume: 6,974
50 DMA: ₹169.29
200 DMA: ₹173.08

Key ratios Consolidated

Market cap: ₹990.44 Cr
Current price: ₹158.80
52W high / low: ₹227.65 / ₹121.75
Face value: ₹1.00
P/E: 0.00
P/B: 1.55
EPS (TTM): ₹0.00
Book value / share: ₹102.67
ROE: —
ROCE: 7.60%
Operating margin: —
Net margin: —
Debt / equity: 0.64
Net debt: ₹390.67 Cr
Interest cover: 2.21
Dividend yield: 0.94%
Dividend / share (TTM): ₹1.50
Payout: —
Cash conversion cycle: 44.1 days

Financials

Metric	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23
Income statement
	541.72	593.23	514.88	609.76	440.48	454.56	405.59	371.08	307.83	293.47	301.54
	0.30	1.91	0.78	0.74	1.16	2.19	1.42	3.02	3.98	3.79	3.08
	542.02	595.15	515.67	610.50	441.63	456.74	407.01	374.11	311.81	297.26	304.61
	519.45	575.28	505.14	601.43	439.77	443.76	398.58	366.11	305.13	292.56	285.29
	375.40	361.32	391.31	443.96	314.64	309.24	290.59	243.22	199.73	181.01	185.86
	2.57	2.75	0.86	0.47	0.97	0.22	1.04	0.58	1.08	1.90	0.61
	11.15	10.98	12.25	10.78	10.59	8.54	8.20	8.03	8.00	7.78	6.95
	8.15	8.10	8.78	7.88	7.46	4.28	3.52	0.48	3.98	2.13	2.03
	11.43	10.52	10.36	10.52	8.07	8.44	8.78	5.27	9.53	8.78	7.34
	123.43	123.01	125.23	133.15	109.38	118.30	110.86	105.93	97.28	90.34	84.61
	22.57	19.87	10.52	9.07	1.86	12.98	8.43	8.00	6.68	4.69	19.33
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	22.57	19.87	10.52	9.07	1.86	12.98	8.43	8.00	6.68	4.69	19.33
	6.82	6.72	3.52	2.32	0.64	3.29	1.85	3.37	4.51	0.31	4.96
	15.75	13.14	7.01	6.75	1.22	9.69	6.58	4.63	2.17	4.38	14.37
	2.53	2.11	1.12	1.08	0.20	1.55	1.05	0.74	0.35	0.70	2.76
Key metrics
	42.15	38.49	29.66	27.47	17.39	25.70	20.73	13.75	20.19	15.60	28.70
	7.80%	6.50%	5.80%	4.50%	3.90%	5.70%	5.10%	3.70%	6.60%	5.30%	9.50%
	2.90%	2.20%	1.40%	1.10%	0.30%	2.10%	1.60%	1.20%	0.70%	1.50%	4.80%
	3.70%	—	2.30%	—	—	—	—	—	—	—	—
	23.00%	30.50%	26.90%	64.30%	43.10%	54.90%	34.50%	—	—	—	—
	1,191.00%	35.60%	6.50%	45.80%	-43.80%	121.20%	-54.20%	—	—	—	—

Metric	TTM	FY25	FY24	FY23
Income statement
	2,260	2,020	1,378	1,180
	3.73	4.87	12.21	7.07
	2,263	2,025	1,390	1,187
	2,201	1,990	1,362	1,127
	1,572	1,459	914.54	702.31
	6.65	0.80	2.52	6.06
	45.16	42.16	32.00	32.68
	32.91	28.41	10.12	6.13
	42.83	37.38	32.37	28.73
	504.82	486.05	404.40	360.44
	62.03	34.43	27.80	60.20
	0.00	0.00	0.00	0.00
	62.03	34.43	27.80	60.20
	19.38	9.77	10.04	15.02
	42.65	24.67	17.76	45.18
	6.84	3.95	2.85	8.69
Key metrics
	137.77	100.22	70.29	95.06
	6.10%	5.00%	5.10%	8.10%
	1.89%	1.20%	1.30%	3.80%
	—	7.60%	—	—
	35.17%	46.60%	16.80%	—
	92.81%	38.90%	-60.70%	—
	—	-14.58	—	—
	—	1.69	—	—
	—	0.64	—	—
	—	390.67	—	—
	—	44.1	—	—
Balance sheet
	—	1,323	—	—
	—	567.70	—	—
	—	1.35	—	—
	—	184.45	—	—
	—	289.92	—	—
	—	74.24	—	—
	—	715.49	—	—
	—	230.38	—	—
	—	499.87	—	—
	—	392.02	—	—
	—	222.08	—	—
	—	169.94	—	—
	—	613.18	—	—
Cash flow
	—	41.68	—	—
	—	-54.32	—	—
	—	13.24	—	—
	—	56.26	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	639.87	550.82	626.65	541.72	593.23	514.88	609.76	440.48	454.56	405.59	371.08	307.83
	5.67	0.69	0.44	0.30	1.91	0.78	0.74	1.16	2.19	1.42	3.02	3.98
	645.54	550.13	627.09	542.02	595.15	515.67	610.50	441.63	456.74	407.01	374.11	311.81
	572.15	504.58	569.53	519.44	575.25	505.13	601.40	439.71	443.75	398.56	366.09	305.07
	389.23	335.19	410.07	375.40	361.32	391.31	443.96	314.64	309.24	290.59	243.22	199.73
	2.68	3.17	2.17	2.57	2.75	0.86	0.47	0.97	0.22	1.04	0.58	1.08
	15.56	15.61	11.48	11.15	10.97	12.24	10.78	10.59	8.53	8.19	8.02	7.99
	6.68	8.49	16.12	8.15	8.09	8.78	7.88	7.45	4.28	3.52	0.52	3.93
	10.53	11.37	11.89	11.43	10.52	10.36	10.52	8.07	8.44	8.78	5.27	9.53
	142.58	126.56	126.09	123.43	122.99	125.23	133.13	109.33	118.30	110.85	105.88	97.28
	73.39	45.55	57.57	22.59	19.90	10.54	9.10	1.93	12.99	8.45	8.01	6.74
	0.00	0.00	0.00	-0.23	0.00	0.00	—	—	—	-0.23	—	—
	73.39	45.55	57.57	22.35	19.90	10.54	9.10	1.93	12.99	8.22	8.01	6.74
	19.88	8.01	16.66	6.82	6.72	3.52	2.32	0.64	3.29	1.85	3.37	4.51
	53.51	37.54	40.90	15.53	13.17	7.02	6.78	1.28	9.71	6.37	4.65	2.23
	8.58	6.02	6.56	2.49	2.11	1.13	1.09	0.21	1.56	1.02	0.74	0.36
Key metrics
	90.60	65.41	85.58	41.93	38.51	29.68	27.50	17.45	25.71	20.52	13.80	20.20
	14.20%	11.90%	13.70%	7.70%	6.50%	5.80%	4.50%	4.00%	5.70%	5.10%	3.70%	6.60%
	8.40%	6.80%	6.50%	2.90%	2.20%	1.40%	1.10%	0.30%	2.10%	1.60%	1.30%	0.70%
	—	6.20%	—	3.70%	—	2.30%	—	—	—	—	—	—
	7.90%	7.00%	2.80%	23.00%	30.50%	26.90%	64.30%	43.10%	—	—	—	—
	306.30%	434.80%	503.20%	1,113.30%	35.60%	10.20%	45.80%	-42.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	2,359	2,312	2,020	1,378	1,180	1,101
	7.10	1.97	4.87	12.21	7.07	2.05
	2,365	2,314	2,025	1,390	1,187	1,103
	2,166	2,169	1,990	1,362	1,126	987.98
	1,510	1,482	1,459	914.54	702.31	564.34
	10.59	10.66	0.80	2.52	6.06	9.31
	53.80	49.21	42.13	31.97	32.68	36.30
	39.44	40.85	28.38	10.09	6.13	4.96
	45.22	45.21	37.38	32.37	28.73	32.41
	518.66	499.06	485.99	404.35	360.26	340.81
	199.10	145.60	34.55	27.91	60.38	114.80
	-0.23	-0.23	0.00	-0.23	—	—
	198.86	145.37	34.55	27.68	60.38	114.80
	51.37	38.22	9.77	10.04	15.02	29.55
	147.48	107.15	24.79	17.64	45.36	85.25
	23.65	17.18	3.97	2.83	8.73	16.40
Key metrics
	283.52	231.43	100.31	70.14	95.24	152.17
	12.02%	10.00%	5.00%	5.10%	8.10%	13.80%
	6.25%	4.60%	1.20%	1.30%	3.80%	7.70%
	—	21.30%	7.60%	—	—	—
	9.30%	14.50%	46.60%	16.80%	7.20%	—
	422.05%	332.20%	40.50%	-61.10%	-46.80%	—
	—	181.08	-14.48	—	—	—
	—	1.94	1.69	—	—	—
	—	0.43	0.64	—	—	—
	—	284.76	390.50	—	—	—
	—	42.5	44.1	—	—	—
Balance sheet
	—	1,304	1,323	—	—	—
	—	527.64	567.53	—	—	—
	—	27.76	1.17	—	—	—
	—	205.85	184.45	—	—	—
	—	222.92	289.92	—	—	—
	—	—	74.24	—	—	—
	—	693.67	715.49	—	—	—
	—	159.37	230.37	—	—	—
	—	428.97	499.51	—	—	—
	—	312.52	391.67	—	—	—
	—	212.44	221.73	—	—	—
	—	100.08	169.94	—	—	—
	—	718.58	613.37	—	—	—
Cash flow
	—	207.45	41.78	—	—	—
	—	-60.24	-54.32	—	—	—
	—	-120.63	13.03	—	—	—
	—	26.37	56.26	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +25.15%
Sales CAGR 5Y: —
Profit CAGR 3Y: +33.18%
Profit CAGR 5Y: —
Sales YoY (TTM): +9.30%
Profit YoY (TTM): +422.05%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +35.17%
Profit YoY (TTM): +92.81%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 66.81%

Quarter	September 2026	June 2026
Promoter %	66.81%	66.81%

Holder	Type	Holding	Previous	Change
Gulshan Family Benefit Trust(Chandra Kumar Jain)	Promoter Group	20.94%	20.94%	0.00%
Mridula Family Trust(Arushi Jain)	Promoter Group	10.79%	10.79%	0.00%
Chandra Holding Trust(Aditi Pasari)	Promoter Group	10.79%	10.79%	0.00%
Lotus Holding Trust(Anubha Gupta)	Promoter Group	10.79%	10.79%	0.00%
MRIDULA JAIN	Promoter	2.67%	2.67%	0.00%
CHANDRA KUMAR JAIN	Promoter	2.67%	2.67%	0.00%
ARUSHI JAIN	Promoter	2.67%	2.67%	0.00%
ANUBHA GUPTA	Promoter	2.67%	2.67%	0.00%
ADITI PASARI	Promoter	2.67%	2.67%	0.00%
Investor Education and Protection Fund Authority-Ministry of Corporate Affairs	Public	1.61%	1.61%	0.00%
Anil Kumar Goel	Public	1.01%	—	—
RAHUL JAIN	Promoter Group	0.15%	0.15%	0.00%
RISHI RAHUL JAIN	Promoter Group	0.00%	0.00%	0.00%
Buzz Art Private Limited	Promoter Group	0.00%	0.00%	0.00%
Gulshan Organics Private Limited	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
LT Foods Limited	14,255	410.50	21.71	18.40%	+24.34% TTM	+2.89% TTM	+1.71%
KRBL Ltd.	9,368	409.30	11.09	14.80%	+0.10% TTM	+38.64% TTM	+9.13%
Gujarat Ambuja Exports Ltd.	6,972	152.00	13.68	12.50%	+15.85% TTM	+147.15% TTM	+40.61%
Kaveri Seed Company Ltd	3,502	680.80	13.68	17.00%	-2.82% TTM	-15.52% TTM	-33.94%
TRUALT BIOENERGY LIMITED	3,160	368.50	14.08	10.80%	—	—	-12.96%
Amir Chand Jagdish Kumar (Exports) Limited	2,305	222.60	17.42	24.10%	—	—	—
GRM Overseas Ltd.	1,929	93.08	25.19	20.20%	+43.22% TTM	+22.87% TTM	-34.35%
SANSTAR LIMITED S	1,925	96.14	43.70	5.40%	+2.23% TTM	+63.20% TTM	+1.29%
AVT Natural Products Ltd.	1,485	97.52	17.72	16.20%	+40.77% TTM	+54.05% TTM	+33.97%
CHAMAN LAL SETIA EXPORTS LIMITED S	1,403	282.15	11.21	17.80%	+2.68% TTM	+22.80% TTM	+3.75%
Gulshan Polyols Ltd.	990	158.80	—	7.60%	+35.17% TTM	+92.81% TTM	+1.21%
REGAAL RESOURCES LIMITED S	888	86.18	14.83	11.50%	—	—	-3.19%
BOMBAY SUPER HYBRID SEEDS LIMITED S	882	84.05	—	26.10%	—	—	—
TRUE GREEN BIO ENERGY LIMITED S	623	189.15	8.81	14.00%	+5,109.34% TTM	+3,389.77% TTM	+159.18%
MANGALAM GLOBAL ENTERPRISE LIMITED	593	17.98	15.32	32.40%	+44.23% TTM	+8.17% TTM	+24.09%
Modi Naturals Limited	452	340.05	8.65	23.50%	+7.35% TTM	+53.54% TTM	-23.45%
Sarveshwar Foods Limited	447	3.63	13.54	14.40%	+16.42% TTM	+7.00% TTM	-28.40%
Sukhjit Starch & Chemicals Ltd.	444	142.05	12.99	8.80%	—	—	-12.31%
SC Agrotech Limited S	337	44.37	14.74	4.00%	+1,787.46% TTM	+5,345.24% TTM	+161.00%
Jattashankar Industries Limited S	313	71.40	17.08	6.40%	+4,061.21% TTM	+473.47% TTM	+139.36%
Sayaji Industries Limited	280	110.95	11.36	12.00%	+6.27% TTM	+214.51% TTM	+37.83%
Nath Biogene India Ltd.	257	135.10	7.01	8.90%	+21.02% TTM	-13.92% TTM	-21.91%
AELEA COMMODITIES LIMITED	224	109.75	—	28.10%	—	—	-40.68%
PRIME FRESH LIMITED	220	158.15	14.23	19.80%	—	—	-45.31%
Tierra Agrotech Limited	189	28.76	-27.00	-6.90%	+66.35% TTM	+37.42% TTM	-52.94%

Filings & corporate actions

Recent announcements

Gulshan Polyols Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2026 ,inter alia, to consider and approve the Un-audited Financial Results ....4 Nov 2026 · Board Meeting / Board Meeting
Newspaper Publication for Special Window for Transfer and Dematerialization of Physical Securities2 Nov 2026 · Company Update / Newspaper Publication
Compliance Certificate under Regulation 74(5) of the SEBI (DP) Regulations, 2018 for the quarter ended September 30, 2026.7 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation for closure of Trading Window for the quarter and half year ending on September 30, 2026.24 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Please find enclosed the intimation regarding the Analyst/Investor Meet to be held on Friday, September 25, 2026.17 Sep 2026 · Company Update / Analyst / Investor Meet
Please find enclosed the revised copy of Scrutinizer''s Report along with Voting Results of the 26th Annual General Meeting of the Company, held on Friday, September 11, 2026.15 Sep 2026 · AGM/EGM / AGM
Please find enclosed a revised copy of Scrutinizer''s Report along with Voting Results of the 26th Annual General Meeting of the Company, held on Friday, 11th September, 2026.15 Sep 2026 · AGM/EGM / AGM
Please find enclosed the voting results and copy of scrutinizer''s report for the 26th AGM of the Company held on Friday, September 11, 2026.14 Sep 2026 · AGM/EGM / AGM
Enclosed the proceedings of the 26th Annual General Meeting held today on September 11, 202611 Sep 2026 · AGM/EGM / AGM
Find enclosed the Copy of Newspaper publications regarding completion of Dispatch of Notice of 26th Annual General Meeting to be held on Friday, September 11, 2026.19 Aug 2026 · Company Update / Newspaper Publication
Find enclosed the Business Responsibility and Sustainability Report for Financial Year ended on March 31, 2026.18 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Find enclosed the Notice of the 26th Annual General Meeting of the Company, scheduled to be held on September 11, 2026.18 Aug 2026 · AGM/EGM / AGM
Find enclosed the intimation regarding the 26th Annual General Meeting of the Company to held on September 11, 2026.18 Aug 2026 · AGM/EGM / AGM
Find enclosed the Annual Report of the Company for the Financial Year ended on March 31, 2026.18 Aug 2026 · Others / Reg. 34 (1) Annual Report
Enclosed intimation regarding the receipt of additional allocation of Ethanol for supplying to OMCs.17 Aug 2026 · Company Update / General
Enclosed the intimation regarding 26th Annual General Meeting of the Company to be held on Friday, September 11, 2026.17 Aug 2026 · Company Update / General
Enclosed the intimation of copies of newspaper advertisements regarding 26th Annual General Meeting, Book Closure and Dividend.13 Aug 2026 · Company Update / Newspaper Publication
Enclosed the intimation regarding the Record Date and Book Closure.13 Aug 2026 · Corp. Action / Record Date
Find enclosed the Transcript of the Investors Meet held on August 07, 2026 for the Quarter ended June 30, 2026.12 Aug 2026 · Company Update / Earnings Call Transcript
Enclosed the copy of Newspaper Advertisement regarding the unaudited financials of the Company for Quarter ended June 30, 2026.8 Aug 2026 · Company Update / Newspaper Publication
Audio Recording w.r.t Investors Meet held today, i.e., August 07, 2026.7 Aug 2026 · Company Update / Analyst / Investor Meet
Enclosed the Investor Presentation6 Aug 2026 · Company Update / Investor Presentation
Grant of ESOP under GPL Employees Stock Option Scheme-20186 Aug 2026 · Company Update / Issue of Securities
Re-appointment of Mr. Vardhman Doogar (DIN: 07148980) as a Non-Executive Independent Director.6 Aug 2026 · Company Update / Change in Management
Find enclosed the Unaudited Financial Results of the Company for Quarter ended June 30, 2026.6 Aug 2026 · Result / Financial Results
Outcome of Board Meeting of the Company held on August 06, 2026.6 Aug 2026 · Board Meeting / Outcome of Board Meeting
This is to inform you that the Investor/Analyst Earnings Conference Call of the Company would be held on Friday, August 07, 2026, for the period ended June 30, 2026.4 Aug 2026 · Company Update / Analyst / Investor Meet
Gulshan Polyols Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/08/2026 ,inter alia, to consider and approve Gulshan Polyols Ltd has informed ....1 Aug 2026 · Board Meeting / Board Meeting
As per Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, find enclosed herewith an Intimation for Credit Rating.24 Jul 2026 · Company Update / Credit Rating
General Update regarding Media Interaction with NDTV Profit India.24 Jul 2026 · Company Update / General
Please find herewith the Intimation regarding the Newspaper Publication , regarding the transfer of Equity shares of the Company and the Unclaimed Final Dividend for FY 2018-19 to IEPF.23 Jul 2026 · Company Update / Newspaper Publication
Enclosed herewith the update.17 Jul 2026 · Company Update / General
Intimation regarding Media Interaction with ET Now Swadesh.13 Jul 2026 · Company Update / General
Compliance Certificate under Regulation 74(5) of the SEBI (DP) Regulations, 2018 for the quarter ended June 30, 2026.13 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation regarding Media Interaction with ET Now.7 Jul 2026 · Company Update / General
Enclosed the update.3 Jul 2026 · Company Update / General
Intimation for closure of Trading Window for the quarter ending June 30, 2026.25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper Publication for Special Window for Transfer and Dematerialisation of Physical Securities18 Jun 2026 · Company Update / Newspaper Publication
Intimation regarding Media Interaction with NDTV profit9 Jun 2026 · Company Update / General
This is to inform you that the Investor/Analyst Call of the Company will be held on June 03, 2026 and June 04, 2026.30 May 2026 · Company Update / Analyst / Investor Meet

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 1.5000	28 Aug 2026	28 Aug 2026	—
Final Dividend - Rs. - 0.3000	11 Sep 2025	11 Sep 2025	—
Final Dividend - Rs. - 0.3000	12 Sep 2024	—	—

Board meetings

6 Aug 2026 Board Meeting - Financial Results