Gulshan Polyols Limited (GULPOLY) AI Stock Analysis

• Market Cap: ₹10.48B
• Dividend Yield: 0.18%
• Average Volume (3M): 9.71K
• Price to Earnings (P/E): 37.3
• Beta (1Y): 1.90
• Revenue Growth: 40.24%
• EPS Growth: 21.72%
• Country: IN
• Employees: 523
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Chemicals
• EPS (TTM): 2.11
• Shares Outstanding: 62,370,586
• 10 Day Avg. Volume: 9,565
• 30 Day Avg. Volume: 9,714
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹178.00
• Price Target Upside: 8.11% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 58 Neutral
• Price Target: ₹178.00 ▲(8.11% Upside)

Gulshan Polyols Limited has a strong financial foundation with robust revenue growth and profitability, but faces challenges with declining net margins and free cash flow. Technical indicators suggest bearish momentum, and the high P/E ratio indicates potential overvaluation. The lack of earnings call data and notable corporate events limits additional insights.

Gulshan Polyols Limited Business Overview & Revenue Model

Company Description

Gulshan Polyols Limited (GULPOLY) is a diversified Indian company engaged in the manufacturing and distribution of specialty chemicals, liquid glucose, starch derivatives, and calcium carbonate. The company serves various industries, including pharmaceuticals, food and beverages, textiles, paper, and personal care, by providing high-quality ingredients and materials that are essential for production and processing. With a strong focus on innovation and sustainability, Gulshan Polyols Limited has established itself as a key player in the specialty chemicals and ingredients sector.

How the Company Makes Money

Gulshan Polyols Limited generates revenue primarily through the sale of its diverse range of products, including specialty chemicals, liquid glucose, starch derivatives, and calcium carbonate. The company's revenue streams are driven by its extensive product portfolio that caters to multiple industries such as pharmaceuticals, food and beverages, textiles, paper, and personal care. A significant portion of its earnings is derived from long-term contracts and partnerships with major industrial clients who rely on Gulshan Polyols for consistent supply and quality. Additionally, the company invests in research and development to innovate and enhance its product offerings, thereby attracting new customers and expanding its market reach.

Gulshan Polyols Limited Financial Statement Overview

Summary

Gulshan Polyols Limited shows strong revenue growth and solid gross profit margins, but faces challenges with a declining net profit margin and negative free cash flow, indicating areas for improvement in operational expenses and capital investments.

Income Statement

Gulshan Polyols Limited has demonstrated strong revenue growth over the years with an impressive revenue increase from 2024 to 2025. The gross profit margin is solid, indicating efficient cost management. However, net profit margin has shown some variability, reducing slightly in the recent year, which could suggest rising operational costs or other expenses affecting profitability. Overall, the income statement reflects strong revenue growth and robust gross profit margins, but the recent decrease in net profit margin warrants attention.

Balance Sheet

The company has maintained a balanced debt-to-equity ratio, indicating prudent financial leverage. The equity ratio remains healthy, showcasing a strong asset base relative to liabilities. Return on equity has fluctuated, reflecting changes in net income. The balance sheet reflects financial stability with a strong equity base, though the increasing debt levels over the years should be monitored to ensure continued financial health.

Cash Flow

Operating cash flow has been positive, but free cash flow has been negative in recent years, highlighting significant capital expenditures. The operating cash flow to net income ratio suggests efficient cash generation relative to reported profits. However, the negative free cash flow implies that the company may be investing heavily, potentially affecting short-term liquidity. The cash flow statement indicates solid operating performance, but the negative free cash flow requires attention to ensure it aligns with strategic growth initiatives.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	20.20B	13.58B	11.62B	10.81B	7.50B
Gross Profit	6.24B	3.29B	1.14B	1.73B	2.96B
EBITDA	1.00B	702.84M	950.63M	1.52B	1.33B
Net Income	246.66M	177.58M	451.82M	852.49M	621.17M
Balance Sheet
Total Assets	13.23B	11.56B	9.88B	7.74B	5.07B
Cash, Cash Equivalents and Short-Term Investments	169.94M	211.26M	85.44M	1.22B	192.61M
Total Debt	3.97B	3.54B	2.53B	1.17B	119.98M
Total Liabilities	7.10B	5.66B	4.13B	2.39B	1.31B
Stockholders Equity	6.13B	5.90B	5.75B	5.35B	3.76B
Cash Flow
Free Cash Flow	-145.90M	-1.13B	-2.39B	-524.14M	828.54M
Operating Cash Flow	416.80M	662.78M	154.41M	609.30M	975.07M
Investing Cash Flow	-543.17M	-1.58B	-2.47B	-1.36B	-46.86M
Financing Cash Flow	132.41M	876.00M	1.24B	1.70B	-772.12M

Gulshan Polyols Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 164.65
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GULPOLY, the sentiment is Negative. The current price of 164.65 is below the 20-day moving average (MA) of 169.73, below the 50-day MA of 174.75, and below the 200-day MA of 183.06, indicating a bearish trend. The MACD of -1.67 indicates Negative momentum. The RSI at 40.50 is Neutral, neither overbought nor oversold. The STOCH value of 18.41 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:GULPOLY.

Gulshan Polyols Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EPIGRAL	76 Outperform	₹79.98B	18.32		0.32%	17.88%	68.05%
SRHHYPOLTD	66 Neutral	₹10.48B	11.98		0.49%	-26.35%	10.75%
ANDHRSUGAR	62 Neutral	₹11.03B	31.94		1.20%	13.67%	-49.85%
GNFC	61 Neutral	₹73.87B	13.15		3.28%	-9.97%	9.60%
GULPOLY	58 Neutral	₹10.48B	37.30		0.18%	40.24%	21.72%
INDIAGLYCO	54 Neutral	₹26.52B	21.76		0.47%	7.46%	33.79%
Sector *	44 Neutral	AU$1.54B	-7.28	-27.94%	4.40%	-3.13%	-36.41%

Gulshan Polyols Limited Corporate Events

Gulshan Polyols Announces Trading Window Closure Ahead of Financial Results

Gulshan Polyols Limited has announced the closure of its trading window in compliance with SEBI regulations to prevent insider trading. This measure will be in effect from July 1, 2025, until 48 hours after the company declares its unaudited financial results for the quarter ending June 30, 2025. This step is part of the company’s commitment to regulatory compliance and transparency, potentially impacting trading activities of designated persons and their immediate relatives.