256.45 -5.10 (-1.95%)

39.66% Fall from 52W High

26,406 NSE+BSE Volume

NSE Dec 06, 2022 12:09 PM



Gulshan Polyols Ltd.    
22 Nov 2022
256.45
-1.95%
Gulshan Polyols Ltd.    
15 Nov 2022
256.45
-1.95%
GULSHAN POLYOLS LTD. - 532457 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
BSE India
Further to our intimations dated November 08, 2022, November 09, 2022 and in pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find below the link of audio transcript of the Corporate Earnings Call with Analysts/Investors on Unaudited Financial Results for Quarter and half year ended September 30, 2022 and other allied matters, held on November 09, 2022: https://www.gulshanindia.com/pdf/CorporateAnnouncement/Audio-Transcript.pdf
Gulshan Polyols Ltd.    
10 Nov 2022
256.45
-1.95%
GULSHAN POLYOLS LTD. - 532457 - Announcement under Regulation 30 (LODR)-Newspaper Publication
BSE India
Pursuant to Regulation 30 and Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 and any other applicable provisions of the said Regulations, please find enclosed copies of the newspaper advertisement in respect of Unaudited Financial Results for quarter and half year ended as on September 30, 2022 as approved in the Board Meeting of the Company held on Wednesday, November 09, 2022. The advertisements are published in Financial Express (English) All India Edition and Jansatta (Hindi), today on November 10, 2022. This will also be hosted on Company''s website at www.gulshanindia.com under Investors Relations' Section. This is for your information and records.
Gulshan Polyols Ltd.    
10 Nov 2022
256.45
-1.95%
Gulshan Poly Standalone September 2022 Net Sales at Rs 276.38 crore, down 0.32% Y-o-Y
Gulshan Polyols Ltd. has gained 12.26% in the last 1 Week
Gulshan Polyols Ltd.    
09 Nov 2022
256.45
-1.95%
GULSHAN POLYOLS LTD. - 532457 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
BSE India
Further to our intimations dated November 08, 2022 and in pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find below the link of audio recording of the Corporate Earnings Call with various Analysts/Investors on Unaudited Financial Results for Quarter and half year ended September 30, 2022 and other allied matters, held on November 09, 2022: https://www.gulshanindia.com/audio-recording.html. This is for your information and records.
Gulshan Polyols Ltd.    
09 Nov 2022
256.45
-1.95%
GULSHAN POLYOLS LTD. - 532457 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / …
BSE India
Furtherance to our intimations dated October 14, 2022 and in pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. SEBI/HO/MIRSD/MIRSD_RTAMB/P/CIR/2022/8 dated January 25, 2022, we wish to inform that the Company/RTA has issued the Letter of Confirmations to the respective shareholders in lieu of original share certificates reported to be lost / misplaced by them, as per the enclosed attachment. Request you to please take the same on records.
Gulshan Polyols Ltd.    
09 Nov 2022
256.45
-1.95%

Commodity chemicals firmGulshan Polyols announced Q2FY23 results:

  • Q2FY23 vs Q2FY22:
    • Revenue from operations has remained stable at Rs 2,763.8 million in Q2FY23 from Rs 2,772.8 million in Q2FY22. Considering the peak use of manufacturing facilities led by strong demand for products the revenue growth was limited
    • EBITDA decreased by 57.0% from Rs 474.0 million in Q2FY22 to Rs 203.9 million in Q2FY23 and margins contracted from 17.1% in Q2FY22 to 7.3% in Q2FY23 owing to elevated commodity prices impacting raw material and power & fuel cost
    • PAT stood at Rs 90.9 million in Q2FY23, compared to Rs 283.7 million in Q2FY22 recording a decline of 68.0% due to operational factors as mentioned above
  • H1FY23 v/s H1FY22:
    • Revenue from operations has increased from Rs 5,158.4 million in H1FY22 to Rs.5,465.7 million in H1FY23.
    • COGS/Input costs have increased by 23.2% as compared to the same period YoY considering the increased raw material cost and power cost
    • Subsequently the EBITDA margins declined from 17.6% in H1FY22 to 7.7% in H1FY23
    • PAT stood at Rs 192.7 million in H1FY23, compared to Rs 545.3 million in H1FY22 and margins decreased to 3.5% in H1FY23 from 10.6% in H1FY22.

The management of the company said, “We are happy to share our financial and business performance for Q2 and H1FY23, revenue from operations remained relatively stable at Rs 2,763.8 mn in Q2FY23 from Rs 2,772.8 mn in Q2FY22, owing to peak utilisation of our capacities. However, the company continued to witness robust demand for its product across all the three segments.

Our products continue to maintain their dominant market share. However, the commodity headwinds prevalent in Q2 FY23 in the form of higher raw material costs (primarily cost of rice and maize), up by approximately 20-35% and elevated coal prices, which almost doubled and hovered around their all-time high during September 2022, have put pressure on our operating margins. As we move forward, we are observing softening in the price of our key raw materials owing to increasing grain reserves as asserted by the government, ban on export of damaged rice and setting in of the new kharif crop. Further, the increasing production of coal in South Africa and China has led to cooling off of the global coal prices and will positively impact us in the upcoming quarters. Additionally, the recent price increase of ethanol from sugarcane is reflective of government’s continuous effort for compensating the elevated costs of production. 

With over four decades of experience in the business we have faced similar cost pressures and have time and again emerged stronger from the same. We are confident of continuing the same and believe that our capacity expansion plan and business strategies are well aligned to capitalise on the market opportunities created by robust consumption led demand.

We would like to highlight the following updates with respect to our individual business segments: In the Grain Processing segment, we continue to remain one of the top manufacturers of sorbitol, fructose syrup and maize starch in the country. All of our product continued to showcase healthy demand in particular the demand for maize starch, used in semi-kraft paper, has increased led by the exponential growth in the e-commerce industry. In order to meet the increased demand, our capacity expansion plan to enhance capacities by 20% in Grain Processing segment is proceeding on schedule.

In the Ethanol (Bio-Fuel)/Distillery segment, we would like to emphasize that our capex plan for establishing a 500 KLPD ethanol facility in Madhya Pradesh is progressing well and a loan of Rs 1,200 Mn has been disbursed from HSBC as of 30th September 2022. The plant's operations are expected to begin in Q4 FY23 which will establish us as dominant player in grain-based ethanol and support the current 60 KLPD facility which continues to operate at more than 100% capacity utilization. The developments at Assam plant are also progressing as planned.

In the mineral processing segment, we expect the revenues from our contract with Meghna Pulp & Paper Mills Limited to start yielding results in upcoming quarter.

The company aims to grow its revenue by expanding its product portfolio through continual R&D and improve its margins by increasing contribution from higher margin products.

We would like to express our gratitude to our employees for their ongoing efforts and our investors/ stakeholders for their support and encouragement as we go forward in capturing the growth prospects that lay ahead of us.”

Result PDF

Gulshan Polyols Ltd.    
09 Nov 2022
256.45
-1.95%
GULSHAN POLYOLS LTD. - 532457 - Unaudited Financial Results For The Quarter And Half Year Ended …
BSE India
Pursuant to Regulation 30 and Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 and any other applicable provisions of the said Regulations, this is to inform that the Board of Directors of the Company at its meeting held today on Wednesday, 09th day of November, 2022 at its Corporate Office at G-81, Preet Vihar, Delhi - 110092, have, interalia considered and approved, the Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2022; and A copy of the said results alongwith the Limited Review Report issued by M/s Rajeev Singal & Co., Statutory Auditors of the Company is enclosed. A copy of earning release is also enclosed with the said Results. The meeting of the Board of Directors commenced at 1.00 P.M and concluded at 02.55 P.M. This is for your information and record.
Gulshan Polyols Ltd.    
09 Nov 2022
256.45
-1.95%
GULSHAN POLYOLS LTD. - 532457 - Board Meeting Outcome for Outcome Of Board Meeting Held On …
BSE India
Pursuant to Regulation 30 and Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 and any other applicable provisions of the said Regulations, this is to inform that the Board of Directors of the Company at its meeting held today on Wednesday, 09th day of November, 2022 at its Corporate Office at G-81, Preet Vihar, Delhi - 110092, have, interalia considered and approved, the Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2022; and A copy of the said results alongwith the Limited Review Report issued by M/s Rajeev Singal & Co., Statutory Auditors of the Company is enclosed. A copy of earning release is also enclosed with the said Results. The meeting of the Board of Directors commenced at 1.00 P.M and concluded at 02.55 P.M. This is for your information and record.
Gulshan Polyols Ltd.    
08 Nov 2022
256.45
-1.95%
85 Votes:
Buy 84.71%
Sell 5.88%
Hold 9.41%
BUY
SELL
HOLD