Commodity Chemicals company Gulshan Polyols announced Q1FY27 results Financial Highlights: Revenue from Operations: The company recorded revenue of Rs 63,987.22 lakh in Q1FY27, representing a YoY growth of 7.86% compared to Rs 59,323.22 lakh in Q1FY26. On a QoQ basis, revenue increased by 16.17% from Rs 55,081.84 lakh in Q4FY26. Total Income: For Q1FY27, total income stood at Rs 64,554.00 lakh, an increase of 8.47% YoY from Rs 59,514.62 lakh in Q1FY26 and a 17.34% growth QoQ from Rs 55,012.88 lakh in Q4FY26. Profit Before Tax: The company achieved a profit before tax of Rs 7,338.90 lakh in Q1FY27, marking a significant YoY increase of 268.81% from Rs 1,989.90 lakh in Q1FY26. It also saw a QoQ rise of 61.11% against Rs 4,555.22 lakh in Q4FY26. Net Profit After Tax: Net profit for Q1FY27 reached Rs 5,350.52 lakh, up 306.14% YoY from Rs 1,317.42 lakh in Q1FY26 and up 42.53% QoQ compared to Rs 3,754.03 lakh in Q4FY26. Earnings Per Share (EPS): Basic and diluted EPS for Q1FY27 stood at Rs 8.58, compared to Rs 2.11 in Q1FY26 and Rs 6.02 in Q4FY26. Business Highlights: Proposal for Fundraising: The Board has approved a proposal for raising funds for an amount up to Rs 250 crore through Qualified Institutions Placement (QIP), private offerings, or any other equivalent capital raising methods. Employee Stock Options: Based on the recommendation of the Nomination, Remuneration and Compensation Committee, the company granted 59,453 options under the GPL Employees Stock Option Scheme - 2018 at an exercise rate of Rs 223.00 per share. Segment Performance (Revenue): Ethanol (Bio-Fuel)/Distillery: Revenue grew to Rs 44,615.21 lakh in Q1FY27, an increase of 10.68% YoY from Rs 40,311.12 lakh in Q1FY26. Grain Processing: This segment generated revenue of Rs 16,955.27 lakh in Q1FY27, reflecting a marginal YoY growth of 1.26% from Rs 16,743.90 lakh in Q1FY26. Mineral Processing: Revenue for this segment was Rs 2,416.74 lakh in Q1FY27, up 6.55% YoY from Rs 2,268.20 lakh in Q1FY26. Segment Performance (Results - Profit before tax, exceptional items, and interest): Ethanol (Bio-Fuel)/Distillery: Segment profit stood at Rs 7,502.33 lakh in Q1FY27 compared to Rs 2,635.35 lakh in Q1FY26. Grain Processing: The segment returned to profitability with a profit of Rs 395.61 lakh in Q1FY27, compared to a loss of Rs 430.24 lakh in Q1FY26. Mineral Processing: Segment results were Rs 418.76 lakh in Q1FY27, compared to Rs 422.65 lakh in Q1FY26. Result PDF
Commodity Chemicals company Gulshan Polyols announced Q3FY25 results Revenue Growth: The company reported a 64.32% YoY increase in revenue, reaching Rs 60,976.45 lakh compared to Rs 37,108.17 lakh in Q3FY24. Sequentially, revenue rose by 38.43% QoQ from Rs 44,047.46 lakh in Q2FY25, highlighting strong sales momentum. EBITDA Surge: EBITDA nearly doubled YoY, growing 99.06% to Rs 2,749.04 lakh from Rs 1,380.99 lakh in Q3FY24, reflecting operational efficiencies and cost control. The EBITDA margin improved to 4.51%, compared to 3.72% in Q3FY24 and 3.96% in Q2FY25. PBT and Margin Recovery: Profit before tax (PBT) increased 13.54% YoY, reaching Rs 909.83 lakh from Rs 801.36 lakh in Q3FY24. More notably, PBT saw a 372.50% jump QoQ from Rs 192.56 lakh in Q2FY25, driven by cost optimizations and higher volumes. However, the PBT margin of 1.49% remains below last year’s 2.16%, indicating continued margin pressures. PAT Expansion: Net profit (PAT) increased 45.85% YoY, reaching Rs 677.53 lakh compared to Rs 464.55 lakh in Q3FY24. QoQ, PAT surged 427% from Rs 128.54 lakh in Q2FY25. Despite higher profitability, PAT margin stood at 1.11% in Q3FY25, slightly lower than 1.25% in Q3FY24, reflecting increased costs. EPS Growth: Diluted EPS for Q3FY25 stood at Rs 1.09, up from Rs 0.74 in Q3FY24, showcasing improved shareholder returns. Chandra Kumar Jain, Chairman & Managing Director, said: "We are delighted to report another strong quarter, with record revenue growth of 64.32% YoY and a 99.06% increase in EBITDA. This performance reflects our continued focus on operational excellence, strategic expansion, and cost efficiencies. The sequential rebound in PBT (372.50% QoQ growth) highlights our ability to navigate market challenges while driving sustainable profitability. Our ethanol segment remains a key growth driver, benefiting from increased capacity utilization, and expanding supply agreements with major Oil Marketing Companies. Additionally, the recent reduction in FCI grain prices and the Assam Government’s PLI incentives will further enhance cost efficiencies and margins in the coming quarters. As we move forward, we remain committed to strengthening our market leadership, optimizing margins, and creating long-term value for our shareholders. With our strategic expansions, improved cost structures, and rising demand for biofuels and specialty chemicals, we are well-positioned for sustained growth and enhanced profitability." Result PDF
Commodity Chemicals company Gulshan Polyols announced H1FY25 & Q2FY25 results The Revenue from operations increased by 43.09 % from Rs 30,783.02 lakh in Q2FY24 to Rs 44,047.46 lakh in Q2FY25. The Revenue from operations increased by 48.85% from Rs 60,130.27 lakh in H1FY24 to Rs 89,503.10 lakh in H1FY25. The Profit After Tax increased by 65.84% from Rs 662.78 lakh in H1FY24 to Rs 1099.16 lakh in H1FY25. Chandra Kumar Jain, Chairman & Managing Director, said: As a leading speciality chemical and ethanol manufacturer, our strategic focus continues to revolve around the expansion in both domestic and global markets. We are confident in our ability to evolve as a strong and credible global supplier, further solidifying our position as a leader in the industry. With all capex coming on-board, Gulshan aims to optimise plant utilisation and enhance efficiencies to establish new industry benchmarks and hoping to achieve new heights in coming quarters. Result PDF
Commodity Chemicals company Gulshan Polyols announced Q1FY25 results: The Revenue from Operations increased by 54.89% from Rs 29,347.25 lakh in Q1FY24 to Rs 45,455.64 lakh in Q1FY25 The main contributor to growth is the Ethanol Plant at Boregaon Distt. Chhindwara, Madhya Pradesh. The Revenue from operations stood at Rs 45,455.64 lakh for the quarter ended June 30, 2024. EBITDA increased from Rs 1,560.52 lakh in Q1FY24 to Rs 2,570.55 lakh in Q1FY25. Commenting on the Unaudited financial results, Chandra Kumar Jain, Chairman & Managing Director, said, As a leading speciality chemical and ethanol manufacturer, our strategic focus continues to revolve around the expansion in both domestic and global markets. We are confident in our ability to evolve as a strong and credible global supplier, further solidifying our position as a leader in the industry. Through our proactive approach, incorporating sustainability, and strategic measures for process improvement, we have adeptly navigated challenges and maintained consistent growth. Our established capabilities have played a key role in achieving this success, underscoring our unwavering commitment to excellence in the industry." Result PDF
Commodity Chemicals company Gulshan Polyols announced Q4FY24 & FY24 results: The Revenue from Operations increased by 34.51% from Rs 30,153.74 lakhs in Q4FY23 to Rs 40,559.14 lakhs in Q4FY24. The revenue growth was led by production of grain ethanol from its Chhindwara plant in Madhya Pradesh. The Revenue from operations stood at Rs 1,37,797.58 lakhs for the financial ended March 31, 2024. EBITDA decreased by (28.97%) from Rs 2,888.38 lakh in Q4FY23 to Rs 2,051.67 lakhs in Q4FY24 and margins from 9.58% to 5.06% owing to elevated raw material prices. PAT stood at Rs 636.77 lakhs in Q4FY24, compared to Rs 1,455.00 lakhs in Q4FY23 recording a decline of 56.24% due to high raw material prices, which is mainly because of elevated demand of raw material/ Grain across country. Commenting on the financial results, Chandra Kumar Jain, Chairman & Managing Director, said, As a leading speciality chemical and ethanol manufacturer, our strategic focus continues to revolve around the expansion in both domestic and global markets. We are confident in our ability to evolve as a strong and credible global supplier, further solidifying our position as a leader in the industry. Through our proactive approach, incorporating sustainability, and strategic measures for process improvement, we have adeptly navigated challenges and maintained consistent growth. Our established capabilities have played a key role in achieving this success, underscoring our unwavering commitment to excellence in the industry." Result PDF