Gulshan Polyols Ltd

Gulshan Polyols Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Gulshan Polyols Ltd

₹ 200 -0.86%
28 Jun - close price
gulshanindia.com BSE: 532457 NSE: GULPOLY
About

Gulshan Polyols Ltd is one of the largest manufacturers of Precipitated Calcium Carbonate and Sorbitol in India. It is a market leader with a substantial market share in the respective segments [1]

Key Points

Product Profile[1]
Starch, sugar, sorbitol, ethanol, calcium carbide etc.

Website BSE NSE
  • Market Cap ₹ 1,247 Cr.
  • Current Price ₹ 200
  • High / Low ₹ 275 / 158
  • Stock P/E 70.1
  • Book Value ₹ 94.7
  • Dividend Yield 0.25 %
  • ROCE 4.31 %
  • ROE 3.05 %
  • Face Value ₹ 1.00
Edit ratios

Pros

Cons

  • Company has a low return on equity of 9.13% over last 3 years.
  • Company might be capitalizing the interest cost
  • Dividend payout has been low at 9.51% of profits over last 3 years

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Miscellaneous Industry: Miscellaneous

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
227.35 238.56 277.28 292.66 292.23 270.18 276.38 331.62 301.54 293.47 307.83 371.08 405.59
184.75 195.42 230.31 257.54 267.32 248.86 257.34 309.60 275.74 281.64 291.60 360.29 386.26
Operating Profit 42.60 43.14 46.97 35.12 24.91 21.32 19.04 22.02 25.80 11.83 16.23 10.79 19.33
OPM % 18.74% 18.08% 16.94% 12.00% 8.52% 7.89% 6.89% 6.64% 8.56% 4.03% 5.27% 2.91% 4.77%
2.04 0.41 0.43 0.10 1.10 0.47 1.35 2.17 3.08 3.78 3.98 3.02 1.19
Interest 1.96 0.82 1.16 1.60 1.38 1.09 1.49 1.52 2.03 2.12 3.93 0.52 3.52
Depreciation 8.64 7.57 8.00 8.35 8.48 7.06 7.12 7.21 7.34 8.78 9.53 5.27 8.78
Profit before tax 34.04 35.16 38.24 25.27 16.15 13.64 11.78 15.46 19.51 4.71 6.75 8.02 8.22
Tax % 37.72% 25.51% 25.84% 24.61% 27.74% 25.29% 22.84% 23.35% 25.42% 6.58% 66.81% 42.02% 22.51%
21.20 26.19 28.37 19.05 11.67 10.19 9.09 11.85 14.55 4.39 2.24 4.65 6.37
EPS in Rs 3.77 4.65 5.04 3.38 1.97 1.63 1.46 1.90 2.33 0.70 0.36 0.75 1.02
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
277 319 395 433 492 616 674 621 766 1,101 1,180 1,378
232 273 341 372 431 547 590 552 636 951 1,092 1,320
Operating Profit 45 47 54 61 60 69 84 69 130 150 88 58
OPM % 16% 15% 14% 14% 12% 11% 12% 11% 17% 14% 7% 4%
2 2 3 5 4 2 2 1 3 2 7 12
Interest 4 4 3 4 6 11 14 11 7 5 6 10
Depreciation 14 14 23 24 28 36 44 31 33 32 29 32
Profit before tax 29 32 32 38 30 24 27 27 94 115 60 28
Tax % 16% 14% 20% 19% 10% 23% 21% 25% 34% 26% 25% 36%
24 27 25 30 27 18 21 21 62 85 45 18
EPS in Rs 4.78 5.37 4.76 5.49 4.86 3.24 3.81 3.66 11.03 14.40 7.27 2.83
Dividend Payout % 9% 8% 12% 11% 39% 18% 15% 16% 8% 12% 6% 11%
Compounded Sales Growth
10 Years: 16%
5 Years: 15%
3 Years: 22%
TTM: 17%
Compounded Profit Growth
10 Years: -4%
5 Years: -3%
3 Years: -34%
TTM: -59%
Stock Price CAGR
10 Years: 19%
5 Years: 40%
3 Years: 7%
1 Year: -21%
Return on Equity
10 Years: 10%
5 Years: 10%
3 Years: 9%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 4 4 4 5 5 5 5 5 5 5 5 6
Reserves 143 167 195 227 254 268 286 301 372 530 570 584
Preference Capital 10 10 10 10 0 10 10 10 11 0 0
35 83 90 138 163 172 135 91 0 112 248 350
47 64 59 66 79 68 57 61 130 126 164 216
Total Liabilities 229 319 348 436 502 513 482 457 507 774 988 1,157
98 147 142 145 198 298 273 260 244 240 279 521
CWIP 6 2 7 97 97 1 5 3 3 91 278 182
Investments 0 12 5 7 8 6 0 0 1 26 23 15
124 157 195 187 199 209 204 193 259 417 408 438
Total Assets 229 319 348 436 502 513 482 457 507 774 988 1,157

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
21 32 50 55 81 42 87 44 98 61 16 66
-8 -69 -11 -116 -81 -37 -17 -16 -5 -136 -247 -158
-10 41 -2 36 -1 -4 -48 -51 -77 170 124 88
Net Cash Flow 3 4 37 -25 -2 2 22 -23 16 95 -108 -4

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 73 68 59 62 66 69 54 48 47 40 44 44
Inventory Days 87 128 87 76 116 84 54 89 89 69 82 0
Days Payable 44 52 36 39 68 38 21 30 55 37 42
Cash Conversion Cycle 115 144 110 99 115 115 87 108 80 72 84 44
Working Capital Days 78 79 61 54 56 60 52 66 57 48 70 63
ROCE % 18% 15% 12% 12% 9% 8% 9% 9% 25% 23% 9%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
68.20% 68.20% 68.20% 64.86% 66.65% 66.65% 66.65% 66.65% 66.65% 66.72% 66.72% 66.72%
0.00% 0.14% 0.22% 1.59% 0.54% 0.34% 0.33% 0.31% 0.01% 0.00% 0.00% 0.01%
0.00% 0.00% 0.00% 3.23% 3.30% 3.52% 3.52% 3.53% 3.52% 1.23% 1.20% 0.58%
31.63% 31.50% 31.41% 30.08% 29.29% 29.24% 29.27% 29.27% 29.58% 31.80% 31.77% 32.36%
0.17% 0.17% 0.17% 0.24% 0.23% 0.23% 0.23% 0.25% 0.25% 0.26% 0.31% 0.33%
No. of Shareholders 23,55526,20326,73929,43031,32831,35730,44729,37732,99734,24834,71835,992

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls