Gulshan Polyols Ltd.
Snapshot View

261.00 -3.60 ▼-1.4%

05 August 2021, 04:00:00 P.M.
Volume: 45,113

Overview View Details

Sector Fast Moving Consumer Goods Compare with Sector peers
Industry Consumer Food Compare with Industry peers
Website http://www.gulshanindia.com
Financial Indicators
Market Cap 1,219.61 Cr.
Earnings per share (EPS) 17.79 Trailing Twelve Months Ending 2021-06
Price-Earning Ratio (PE) 14.61 Trailing Twelve Months Ending 2021-06
Industry PE 57.81 Trailing Twelve Months Ending 2021-06
Book Value / Share 83.50 Trailing Twelve Months Ending 2021-06
Price to Book Value 3.11 Calculated using Price: 259.95
Dividend Yield 0.27 Period Ending 2020-03
No. of Shares Subscribed 4.69 Cr. 46,917,020 Shares
FaceValue 1
Company Profile

Gulshan Polyols Ltd. (GPL) was incorporated, to take over the Sorbitol project from Gulshan Sugars & Chemicals Ltd.(GSCL) in terms of scheme of Arrangement/ demerger.

The plant was set-up in 1996 in the State of Gujarat in the parent company i.e. Gulshan Sugars & Chemicals .The plant is equipped with International Quality Equipment and Technology having the largest capacity in India.

The plant is capable to produce Crystalline and Non–crystalline grade of Sorbitol which is a unique feature as compared to other domestic plants. The present installed capacity is 30000 Tones of Sorbitol.

Gulshan Group has diversified interests and is engaged in manufacture of various Industrial Chemicals for Multiple Applications in several companies. The Group was initially engaged in sugar business, which later diversified into the field of Industrial Chemicals. The Group set up its first Indigenous plant to produce ‘Synthetic Fillers’ popularly known as ‘Calcium Carbonate (Caco3) ‘Precipitated and Activated’ in the State of Uttar Pradesh where the high quality Limestone is available in plenty in nearby area.

The Board of Directors of the Gulshan Sugars & Chemicals and Gulshan Polyols at its meeting held on February 14, 2008, has considered the proposal for corporate restructuring involving merger / amalgamation and other related matters. The Board of Directors unanimously approved a proposal for amalgamation / merger of Gulshan Sugars & Chemicals Ltd with Gulshan Polyols Ltd subject to the approval of shareholders, High Court, Stock Exchange and other Regulatory Authorities and compliance of other applicable regulations.

Gulshan Polyols Ltd and Gulshan Sugars & Chemicals Ltd both jointly appointed Price Waterhouse Coopers (PWC) to carry out the valuation exercise and to suggest entitlement ratio upon amalgamation / merger of Gulshan Sugars & Chemicals Ltd with Gulshan Polyols Ltd. PWC have submitted their report to the Board of Directors and recommended the entitlement ratio as under:

The entitlement ratio for Issue of equity shares of Gulshan Polyols Ltd to the shareholders of Gulshan Sugars & Chemicals Ltd as 6:1 i.e. One (Rupees 5/- fully paid up) equity share of Gulshan Polyols Ltd for Six (Rupees 8/- fully paid up) equity shares of Gulshan Sugars & Chemicals Ltd.

The Board of Gulshan Polyols Ltd have accepted and approved the above entitlement ratio subject to the approval of shareholders, Stock Exchange, High Court and compliance of other regulatory and applicable provisions etc.

Product manufactured by the company include:

The Company is engaged in manufacturing of ‘Sorbitol-70%’. Sorbitol, a starch derivative, sweet in taste,  finds wide range application, the major uses in dentrifice, cosmetic, Pharma, Vitamin-C, food products etc.

Achievements/ recognition:

GPL has an accreditation as ISO 9001:2000 certification.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.36%
1 Week
-3.14%
1 Month
+21.42%
3 Month
+70.37%
6 Month
+172.44%
1 Year
+511.24%
2 Year
+679.10%
5 Year
+258.27%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 15.10 17.62 17.04 13.75 14.15 11.15 6.86 7.60 6.91
Return on Capital Employed (%) 14.59 17.84 15.36 12.17 12.19 9.24 7.93 9.27 9.22
Return on Assets (%) 8.80 11.06 9.90 7.64 7.78 5.83 3.60 4.32 4.39

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 137 158 181 212 244 259 273 291 305
Non Curr. Liab. 22 18 51 39 92 84 69 39 22
Curr. Liab. 48 54 86 98 99 159 169 151 130
Minority Int.
Equity & Liab. 207 229 319 348 436 502 511 481 457
Non Curr. Assets 114 109 154 159 256 315 308 283 270
Curr. Assets 93 120 164 190 180 186 204 198 187
Misc. Exp. not W/O
Total Assets 207 229 319 348 436 502 511 481 457

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 273 282 325 402 441 493 624 674 621
Other Income 1 2 1 3 5 5 2 2 1
Total Income 274 284 327 405 446 498 626 676 622
Total Expenditure -236 -237 -279 -348 -380 -432 -555 -590 -552
PBIDT 38 47 48 57 65 65 71 86 70
Interest -3 -4 -4 -3 -4 -7 -11 -14 -11
Depreciation -13 -14 -14 -23 -24 -28 -36 -44 -31
Taxation -4 -4 -4 -6 -7 -3 -5 -6 -7
Exceptional Items 1
PAT 18 24 27 25 30 27 18 21 21

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 43 21 32 50 55 81 42 87 44
Cash Fr. Inv. -17 -8 -69 -11 -116 -81 -37 -17 -16
Cash Fr. Finan. -10 -10 41 -2 36 -1 -4 -48 -51
Net Change 15 3 4 37 -25 -2 2 22 -23
Cash & Cash Eqvt 25 28 32 69 45 1 3 25 2

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 59.27 63.32 63.32 63.28 68.20 68.20 68.20 68.20 68.20
Public 40.73 36.69 36.68 36.73 31.80 31.79 31.80 31.80 31.80
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 22 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 30 and Part A of Schedule III read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9 2015 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 20I5 as amended please find enclosed copies of the newspaper advertisement in respect of Unaudited Financial Results for quarter ended as on June 30 2021 as approved in the Board Meeting of the Company held on Wednesday July 21 2021. The advertisements were published in Financial Express (English) All India Edition and Jansatta (Hindi) today on July 22 2021.

This will also be hosted on Companys website at www.gulshanindia.com under Investors Section.

This is for your information and records.
Thu, 22 Jul 2021
Disclosure Under Regulation 30 And Part A Of Schedule III Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015<BR>
Further to our intimation dated January 21 2021 under Regulation 30 and Part A of Schedule III read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9 2015 We wish to further inform you that the Company has submitted revised application for Environment Clearance of 500KPLD in advance for future prospective though Company is still initiating to add capacity of 300KLPD only.
Thu, 22 Jul 2021
Grant Of Options Under GPL ESOP Scheme 2018
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09 2015 and SEBI (Share Based Employee Benefits) Regulations 2014 the applicable provisions of Companies Act 2013 and rules made thereunder and in terms of GPL Employees Stock Option Scheme 2018 approval of the Nomination Remuneration and Compensation Committee meeting held on Wednesday July 21 2021 be and is hereby accorded to grant 39152 Stock Options (including 15282 options forfeited upon resignation/death of employee(s)) exercisable into equal number of Equity Shares of the Company of face value of Re. 1/- (Rupees One) each fully paid-up on payment of exercise price of Rs. 137 (Rupees One Hundred Thirty Seven Only) calculated based on average buying price of shares on such terms and conditions as prescribed in relevant Grant letter be issued to employees of the Company.

Technical Scans View Details

Thu, 05 Aug 2021
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
Close Crossing Last Week Low Close Crossing Last Week Low
Closing Below Previous Low Closing Below Previous Low

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Hindustan Unilever Ltd. 554,221.02 2,358.80 -0.8%
ITC Ltd. 264,842.34 215.15 +3.1%
Nestle India Ltd. 175,614.00 18,138.00 +0.5%
Dabur India Ltd. 104,206.01 589.45 +0.2%
Godrej Consumer Products Ltd. 99,887.15 976.85 -1.2%
Britannia Industries Ltd. 86,976.34 3,610.95 +1.0%
Marico Ltd. 68,669.61 531.75 -0.8%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Hindustan Unilever Ltd. Consolidated 2021-06 67.64 2,358.80 -0.8%
ITC Ltd. Consolidated 2021-06 19.02 215.15 +3.1%
Nestle India Ltd. Standalone 2021-06 79.42 18,138.00 +0.5%
Dabur India Ltd. Consolidated 2021-06 58.25 589.45 +0.2%
Godrej Consumer Products Ltd. Consolidated 2021-06 57.42 976.85 -1.2%
Britannia Industries Ltd. Consolidated 2021-06 50.93 3,610.95 +1.0%
Marico Ltd. Consolidated 2021-06 59.92 531.75 -0.8%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Hindustan Unilever Ltd. Consolidated 2021-06 11.14 2,358.80 -0.8%
ITC Ltd. Consolidated 2021-06 3.86 215.15 +3.1%
Nestle India Ltd. Standalone 2021-06 78.49 18,138.00 +0.5%
Dabur India Ltd. Consolidated 2021-06 13.06 589.45 +0.2%
Godrej Consumer Products Ltd. Consolidated 2021-06 10.15 976.85 -1.2%
Britannia Industries Ltd. Consolidated 2021-06 22.11 3,610.95 +1.0%
Marico Ltd. Consolidated 2021-06 19.04 531.75 -0.8%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Hindustan Unilever Ltd. Consolidated 2021-03 0.00 2,358.80 -0.8%
ITC Ltd. Consolidated 2021-03 0.00 215.15 +3.1%
Nestle India Ltd. Standalone 2020-12 0.02 18,138.00 +0.5%
Dabur India Ltd. Consolidated 2021-03 0.07 589.45 +0.2%
Godrej Consumer Products Ltd. Consolidated 2021-03 0.19 976.85 -1.2%
Britannia Industries Ltd. Consolidated 2020-03 0.35 3,610.95 +1.0%
Marico Ltd. Consolidated 2020-03 0.11 531.75 -0.8%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Hindustan Unilever Ltd. Consolidated 2021-03 28.63 2,358.80 -0.8%
ITC Ltd. Consolidated 2021-03 21.97 215.15 +3.1%
Nestle India Ltd. Standalone 2020-12 105.76 18,138.00 +0.5%
Dabur India Ltd. Consolidated 2021-03 24.14 589.45 +0.2%
Godrej Consumer Products Ltd. Consolidated 2021-03 19.87 976.85 -1.2%
Britannia Industries Ltd. Consolidated 2020-03 32.39 3,610.95 +1.0%
Marico Ltd. Consolidated 2020-03 35.04 531.75 -0.8%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Hindustan Unilever Ltd. Consolidated 2021-03 38.36 2,358.80 -0.8%
ITC Ltd. Consolidated 2021-03 28.66 215.15 +3.1%
Nestle India Ltd. Standalone 2020-12 147.88 18,138.00 +0.5%
Dabur India Ltd. Consolidated 2021-03 27.29 589.45 +0.2%
Godrej Consumer Products Ltd. Consolidated 2021-03 19.61 976.85 -1.2%
Britannia Industries Ltd. Consolidated 2020-03 37.12 3,610.95 +1.0%
Marico Ltd. Consolidated 2020-03 42.59 531.75 -0.8%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Hindustan Unilever Ltd. Consolidated 2021-03 47,029.00 2,358.80 -0.8%
ITC Ltd. Consolidated 2021-03 49,272.78 215.15 +3.1%
Nestle India Ltd. Standalone 2020-12 13,350.03 18,138.00 +0.5%
Dabur India Ltd. Consolidated 2021-03 9,546.60 589.45 +0.2%
Godrej Consumer Products Ltd. Consolidated 2021-03 11,028.62 976.85 -1.2%
Britannia Industries Ltd. Consolidated 2020-03 11,599.55 3,610.95 +1.0%
Marico Ltd. Consolidated 2020-03 7,315.00 531.75 -0.8%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Hindustan Unilever Ltd. Consolidated 2021-03 7,999.00 2,358.80 -0.8%
ITC Ltd. Consolidated 2021-03 13,389.80 215.15 +3.1%
Nestle India Ltd. Standalone 2020-12 2,082.43 18,138.00 +0.5%
Dabur India Ltd. Consolidated 2021-03 1,695.96 589.45 +0.2%
Godrej Consumer Products Ltd. Consolidated 2021-03 1,720.83 976.85 -1.2%
Britannia Industries Ltd. Consolidated 2020-03 1,393.16 3,610.95 +1.0%
Marico Ltd. Consolidated 2020-03 1,043.00 531.75 -0.8%