Gulshan Polyols Limited

Gulshan Polyols Limited - chemicals and materials in Muzaffarnagar, Uttar Pradesh, India. FY 2026 financials and compliance.
CIN U24121UP2000PLC025708 Incorporated 20 October 2000 ROC Kanpur HQ Muzaffarnagar, Uttar Pradesh, India
Inactive For E-Filing Public Limited Company chemicals and materials
Data last updated
Revenue · FY 2026
₹2,312.42 Cr
▲ 14.49% YoY
EBITDA · FY 2026
₹231.67 Cr
▲ 130.94% YoY
Net profit · FY 2026
₹107.15 Cr
▲ 332.27% YoY
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹31.06 Lakh
Issued & subscribed
Open charges
None
Secured borrowings
Company age
26 yrs
Est. 2000
Employees · EPFO
40
Latest available

About Gulshan Polyols Limited

Data last updated: 22 July 2025

Gulshan Polyols Limited is a public limited company based in Muzaffarnagar, Uttar Pradesh, India. The company is marked as inactive by the Registrar of Companies, indicating it has not filed statutory returns and may face regulatory action. It specialises in organic chemicals and compounds, a part of the broader chemicals and materials sector. Incorporated on 20 October 2000, the company has been in operation for over 26 years.

Registered with ROC Kanpur under CIN U24121UP2000PLC025708.

Capital: an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹31.06 Lakh.

Office: 9Th Km. Jansath Road Muzaffarnagar, Uttar Pradesh, India.

The company has a workforce of approximately 40 employees as per the latest available data.

The company is associated with 1 brand - Gulshan Polyols.

The company is marked as inactive, indicating non-compliance with filing requirements. Continued inactivity may result in the company being struck off from the register.

Company Details of Gulshan Polyols Limited
CIN U24121UP2000PLC025708
Registration Number 025708
Incorporation Date 20 October 2000
ROC Kanpur
Listing Status Unlisted
Company Status Inactive For E-Filing
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
    **************
  • Registered Address
    9Th Km. Jansath Road Muzaffarnagar, Uttar Pradesh, India
  • Industry
    Chemicals and Materials, Organic Chemicals & Compounds
Company report
Gulshan Polyols Limited - full intelligence report
  • Historical Financials and ratios
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Financials, compliance, directors, charges, ownership and filings for Gulshan Polyols Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Gulshan Polyols Limited

Gulshan Polyols Limited operates one associated brand: Gulshan Polyols. These brands represent Gulshan Polyols Limited's diversified market presence and brand portfolio.

Brand Description Website
Gulshan Polyols
Precipitated calcium carbonate, starch derivatives, and sorbitol are manufactured. gulshanindia.com

Auditor Details of Gulshan Polyols Limited

Gulshan Polyols Limited is audited by M/s Shahid & Associates (ICAI peer reviewed, certificate valid till 2029-03-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
M/s Shahid & Associates (ICAI peer reviewed, certificate valid till 2029-03-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Gulshan Polyols Limited

The Directors information for Gulshan Polyols Limited provides insights into the leadership structure and governance of the organization.

Financials of Gulshan Polyols Limited FY 2026 filings available

Gulshan Polyols Limited reported revenue of ₹2,312.42 Cr (up 14.49% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹2,312.42 Cr ▲ 14.49%
Profit · FY 2026
₹107.15 Cr ▲ 332.27%
EBITDA · FY 2026
₹231.67 Cr ▲ 130.94%
Revenue₹ Cr · Standalone01,0002,0003,000FY 2020: ₹621 Cr621FY 2020FY 2021: ₹766 Cr · +23.4% YoY766+23.4%FY 2021FY 2022: ₹1,101 Cr · +43.7% YoY1,101+43.7%FY 2022FY 2023: ₹1,180 Cr · +7.2% YoY1,180+7.2%FY 2023FY 2024: ₹1,378 Cr · +16.8% YoY1,378+16.8%FY 2024FY 2025: ₹2,020 Cr · +46.6% YoY2,020+46.6%FY 2025FY 2026: ₹2,312 Cr · +14.5% YoY2,312+14.5%FY 2026
Net Profit₹ Cr · Standalone050100150FY 2020: ₹21 Cr20.6FY 2020FY 2021: ₹62 Cr · +203.4% YoY62.5+203.4%FY 2021FY 2022: ₹85 Cr · +36.5% YoY85.2+36.5%FY 2022FY 2023: ₹45 Cr · -46.8% YoY45.4-46.8%FY 2023FY 2024: ₹18 Cr · -61.1% YoY17.6-61.1%FY 2024FY 2025: ₹25 Cr · +40.5% YoY24.8+40.5%FY 2025FY 2026: ₹107 Cr · +332.3% YoY107+332.3%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0250500750Q1'25: ₹455 Cr · +54.9% YoY455+54.9%Q1'25Q2'25: ₹440 Cr · +43.1% YoY440+43.1%Q2'25Q3'25: ₹610 Cr · +64.3% YoY610+64.3%Q3'25Q4'25: ₹515 Cr · +26.9% YoY515+26.9%Q4'25Q1'26: ₹593 Cr · +30.5% YoY593+30.5%Q1'26Q2'26: ₹542 Cr · +23% YoY542+23%Q2'26Q3'26: ₹627 Cr · +2.8% YoY627+2.8%Q3'26Q4'26: ₹551 Cr · +7% YoY551+7%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹2,312.42 Cr ₹2,019.68 Cr ₹1,377.98 Cr ₹1,179.73 Cr ₹1,100.73 Cr ₹766.03 Cr ₹620.8 Cr
Other Income ₹1.97 Cr ₹4.87 Cr ₹12.21 Cr ₹7.06 Cr ₹2.05 Cr ₹1.87 Cr ₹94.72 Lakh
Total Income ₹2,314.39 Cr ₹2,024.54 Cr ₹1,390.18 Cr ₹1,186.79 Cr ₹1,102.77 Cr ₹767.91 Cr ₹621.74 Cr
Cost of Materials Consumed ₹1,481.98 Cr ₹1,459.16 Cr ₹914.54 Cr ₹702.31 Cr ₹564.34 Cr ₹360.55 Cr ₹354.97 Cr
Purchases of Stock-in-Trade ₹10.66 Cr ₹80.37 Lakh ₹2.52 Cr ₹6.06 Cr ₹9.31 Cr ₹4.72 Cr ₹7.05 Cr
Changes in Inventories ₹41.8 Cr -₹63.85 Cr -₹33.56 Cr -₹9.75 Cr -₹15.39 Lakh ₹6.65 Cr -₹8.48 Cr
Employee Benefit Expense ₹49.21 Cr ₹42.13 Cr ₹31.97 Cr ₹32.68 Cr ₹36.3 Cr ₹28.61 Cr ₹21.68 Cr
Finance Costs ₹40.85 Cr ₹28.38 Cr ₹10.09 Cr ₹6.13 Cr ₹4.96 Cr ₹6.55 Cr ₹11.38 Cr
Depreciation & Amortisation ₹45.21 Cr ₹37.38 Cr ₹32.37 Cr ₹28.73 Cr ₹32.41 Cr ₹32.55 Cr ₹31.02 Cr
Other Expenses ₹499.07 Cr ₹485.99 Cr ₹404.35 Cr ₹360.26 Cr ₹340.81 Cr ₹234.79 Cr ₹176.7 Cr
Total Expenses ₹2,168.79 Cr ₹1,989.99 Cr ₹1,362.27 Cr ₹1,126.41 Cr ₹987.98 Cr ₹674.41 Cr ₹594.32 Cr
Profit Before Exceptional Items & Tax ₹145.6 Cr ₹34.55 Cr ₹27.91 Cr ₹60.38 Cr ₹114.8 Cr ₹93.5 Cr ₹27.42 Cr
Exceptional Items -₹23.48 Lakh ₹0 -₹22.74 Lakh ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹145.37 Cr ₹34.55 Cr ₹27.68 Cr ₹60.38 Cr ₹114.8 Cr ₹93.5 Cr ₹27.42 Cr
Total Tax Expense ₹38.22 Cr ₹9.77 Cr ₹10.04 Cr ₹15.02 Cr ₹29.55 Cr ₹31.04 Cr ₹6.84 Cr
Net Profit ₹107.15 Cr ₹24.79 Cr ₹17.64 Cr ₹45.36 Cr ₹85.25 Cr ₹62.46 Cr ₹20.58 Cr
Other Comprehensive Income -₹6.81 Lakh ₹6.2 Lakh ₹80.86 Lakh -₹48.01 Lakh ₹5.84 Lakh ₹62.12 Lakh -₹19.01 Lakh
Total Comprehensive Income ₹107.08 Cr ₹24.85 Cr ₹18.45 Cr ₹44.88 Cr ₹85.31 Cr ₹63.08 Cr ₹20.39 Cr
EBITDA (computed) ₹231.67 Cr ₹100.31 Cr ₹70.37 Cr ₹95.24 Cr ₹152.17 Cr ₹132.6 Cr ₹69.82 Cr
Basic EPS ₹17.18 ₹3.97 ₹2.83 ₹8.73 ₹16.40 ₹13.31 ₹4.39
Diluted EPS ₹17.18 ₹3.97 ₹2.83 ₹8.73 ₹16.40 ₹13.31 ₹4.39
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹1,304.39 Cr ₹1,322.64 Cr ₹1,156.51 Cr ₹987.9 Cr
Non-current Assets ₹776.75 Cr ₹755.11 Cr ₹722.88 Cr ₹605.67 Cr
Current Assets ₹527.64 Cr ₹567.53 Cr ₹433.63 Cr ₹382.23 Cr
Property, Plant & Equipment ₹693.67 Cr ₹715.49 Cr ₹518.25 Cr ₹275.81 Cr
Inventories ₹222.92 Cr ₹289.92 Cr ₹150.4 Cr ₹157.37 Cr
Trade Receivables ₹205.85 Cr ₹184.45 Cr ₹166.92 Cr ₹141.63 Cr
Cash & Equivalents ₹27.76 Cr ₹1.17 Cr ₹68.08 Lakh ₹5.1 Cr
Equity (Net Worth) ₹718.58 Cr ₹613.37 Cr ₹590.39 Cr ₹575.06 Cr
Equity Share Capital ₹6.24 Cr ₹6.24 Cr ₹6.24 Cr ₹5.2 Cr
Borrowings (Non-current) ₹100.08 Cr ₹169.94 Cr ₹228.2 Cr ₹127.5 Cr
Borrowings (Current) ₹212.44 Cr ₹221.73 Cr ₹120.67 Cr ₹120.47 Cr
Total Debt (computed) ₹312.53 Cr ₹391.66 Cr ₹348.87 Cr ₹247.97 Cr
Current Liabilities ₹428.97 Cr ₹499.51 Cr ₹309.13 Cr ₹266.55 Cr
Total Liabilities ₹585.81 Cr ₹709.27 Cr ₹566.12 Cr ₹412.84 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹207.45 Cr ₹41.78 Cr ₹66.25 Cr ₹15.61 Cr ₹64.4 Cr
Investing Cash Flow -₹60.24 Cr -₹54.32 Cr -₹158.29 Cr -₹247.43 Cr -₹139.89 Cr
Financing Cash Flow -₹120.63 Cr ₹13.03 Cr ₹87.63 Cr ₹124.31 Cr ₹170.07 Cr
Capital Expenditure ₹26.37 Cr ₹56.26 Cr ₹179.21 Cr ₹254.25 Cr ₹117.01 Cr
Free Cash Flow (computed) ₹181.08 Cr -₹14.48 Cr -₹112.96 Cr -₹238.65 Cr -₹52.61 Cr
Dividends Paid ₹1.87 Cr ₹1.87 Cr ₹3.12 Cr ₹5.2 Cr ₹2.74 Cr
Net Change in Cash ₹26.58 Cr ₹49.37 Lakh -₹4.42 Cr -₹107.51 Cr ₹94.57 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹550.82 Cr ₹626.65 Cr ₹541.72 Cr ₹593.23 Cr ₹514.88 Cr ₹609.76 Cr ₹440.47 Cr ₹454.56 Cr ₹405.59 Cr ₹371.08 Cr ₹307.83 Cr ₹293.47 Cr
Other Income -₹68.96 Lakh ₹44.24 Lakh ₹30.32 Lakh ₹1.91 Cr ₹78.4 Lakh ₹73.81 Lakh ₹1.16 Cr ₹2.18 Cr ₹1.42 Cr ₹3.02 Cr ₹3.98 Cr ₹3.78 Cr
Total Income ₹550.13 Cr ₹627.09 Cr ₹542.02 Cr ₹595.15 Cr ₹515.67 Cr ₹610.5 Cr ₹441.63 Cr ₹456.74 Cr ₹407.01 Cr ₹374.1 Cr ₹311.81 Cr ₹297.26 Cr
Cost of Materials Consumed ₹335.19 Cr ₹410.07 Cr ₹375.4 Cr ₹361.32 Cr ₹391.31 Cr ₹443.96 Cr ₹314.64 Cr ₹309.24 Cr ₹290.59 Cr ₹243.22 Cr ₹199.73 Cr ₹181.01 Cr
Purchases of Stock-in-Trade ₹3.17 Cr ₹2.17 Cr ₹2.57 Cr ₹2.75 Cr -₹85.72 Lakh ₹47.09 Lakh ₹96.73 Lakh ₹22.26 Lakh -₹1.04 Cr ₹58.22 Lakh ₹1.08 Cr ₹1.9 Cr
Changes in Inventories ₹4.18 Cr -₹8.28 Cr -₹12.69 Cr ₹58.6 Cr -₹41.92 Cr -₹5.33 Cr -₹11.35 Cr -₹5.25 Cr -₹22.32 Cr ₹2.59 Cr -₹14.46 Cr ₹63.23 Lakh
Employee Benefit Expense ₹15.61 Cr ₹11.48 Cr ₹11.15 Cr ₹10.97 Cr ₹12.24 Cr ₹10.78 Cr ₹10.59 Cr ₹8.53 Cr ₹8.19 Cr ₹8.02 Cr ₹7.99 Cr ₹7.77 Cr
Finance Costs ₹8.49 Cr ₹16.12 Cr ₹8.15 Cr ₹8.09 Cr ₹8.78 Cr ₹7.88 Cr ₹7.45 Cr ₹4.28 Cr ₹3.52 Cr ₹52.19 Lakh ₹3.93 Cr ₹2.12 Cr
Depreciation & Amortisation ₹11.37 Cr ₹11.89 Cr ₹11.43 Cr ₹10.52 Cr ₹10.36 Cr ₹10.52 Cr ₹8.07 Cr ₹8.44 Cr ₹8.78 Cr ₹5.27 Cr ₹9.53 Cr ₹8.78 Cr
Other Expenses ₹126.56 Cr ₹126.09 Cr ₹123.43 Cr ₹122.99 Cr ₹125.23 Cr ₹133.13 Cr ₹109.33 Cr ₹118.3 Cr ₹110.85 Cr ₹105.88 Cr ₹97.28 Cr ₹90.34 Cr
Total Expenses ₹504.58 Cr ₹569.53 Cr ₹519.44 Cr ₹575.25 Cr ₹505.13 Cr ₹601.4 Cr ₹439.71 Cr ₹443.75 Cr ₹398.56 Cr ₹366.09 Cr ₹305.07 Cr ₹292.55 Cr
Profit Before Exceptional Items & Tax ₹45.55 Cr ₹57.57 Cr ₹22.59 Cr ₹19.9 Cr ₹10.54 Cr ₹9.1 Cr ₹1.93 Cr ₹12.99 Cr ₹8.45 Cr ₹8.01 Cr ₹6.74 Cr ₹4.71 Cr
Exceptional Items ₹0 ₹0 -₹23.48 Lakh ₹0 ₹0 ₹0 ₹0 ₹0 -₹22.74 Lakh ₹0 ₹0 ₹0
Profit Before Tax ₹45.55 Cr ₹57.57 Cr ₹22.35 Cr ₹19.9 Cr ₹10.54 Cr ₹9.1 Cr ₹1.93 Cr ₹12.99 Cr ₹8.22 Cr ₹8.01 Cr ₹6.74 Cr ₹4.71 Cr
Total Tax Expense ₹8.01 Cr ₹16.66 Cr ₹6.82 Cr ₹6.72 Cr ₹3.52 Cr ₹2.32 Cr ₹64.02 Lakh ₹3.29 Cr ₹1.85 Cr ₹3.37 Cr ₹4.51 Cr ₹31.38 Lakh
Net Profit ₹37.54 Cr ₹40.9 Cr ₹15.53 Cr ₹13.17 Cr ₹7.02 Cr ₹6.78 Cr ₹1.29 Cr ₹9.71 Cr ₹6.37 Cr ₹4.65 Cr ₹2.24 Cr ₹4.39 Cr
Other Comprehensive Income -₹18.4 Lakh -₹6.33 Lakh -₹28.79 Lakh ₹46.71 Lakh -₹67.54 Lakh -₹5.01 Lakh ₹44.32 Lakh ₹34.42 Lakh ₹54.05 Lakh -₹25.53 Lakh ₹47.16 Lakh ₹5.17 Lakh
Total Comprehensive Income ₹37.36 Cr ₹40.84 Cr ₹15.24 Cr ₹13.64 Cr ₹6.34 Cr ₹6.73 Cr ₹1.73 Cr ₹10.05 Cr ₹6.91 Cr ₹4.39 Cr ₹2.71 Cr ₹4.44 Cr
EBITDA (computed) ₹65.41 Cr ₹85.58 Cr ₹42.16 Cr ₹38.51 Cr ₹29.67 Cr ₹27.49 Cr ₹17.45 Cr ₹25.71 Cr ₹20.74 Cr ₹13.81 Cr ₹20.21 Cr ₹15.61 Cr
Basic EPS ₹6.02 ₹6.56 ₹2.49 ₹2.11 ₹1.13 ₹1.09 ₹0.21 ₹1.56 ₹1.02 ₹0.74 ₹0.36 ₹0.70
Diluted EPS ₹6.02 ₹6.56 ₹2.49 ₹2.11 ₹1.13 ₹1.09 ₹0.21 ₹1.56 ₹1.02 ₹0.74 ₹0.36 ₹0.70
Latest 12 quarters shown of 25 on record.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Ethanol(Bio-Fuel)/Distillery ₹362.76 Cr ₹53.05 Cr ₹857.16 Cr ₹387.94 Cr
Grain Processing ₹162.9 Cr ₹2.45 Cr ₹314.41 Cr ₹122.44 Cr
Mineral Processing ₹25.16 Cr ₹4.15 Cr ₹78.41 Cr ₹22.43 Cr
Unallocated ₹0 -₹5.61 Cr ₹54.41 Cr ₹53 Cr
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Ethanol(Bio-Fuel)/Distillery ₹1,609.09 Cr ₹177.85 Cr - -
Grain Processing ₹610.29 Cr -₹4.44 Cr - -
Mineral Processing ₹93.05 Cr ₹17.3 Cr - -
Unallocated ₹0 -₹4.26 Cr - -
Metrics FY 2025 FY 2024 FY 2023
Revenue from Operations ₹2,019.68 Cr ₹1,377.98 Cr ₹1,179.73 Cr
Other Income ₹4.87 Cr ₹12.21 Cr ₹7.06 Cr
Total Income ₹2,024.54 Cr ₹1,390.18 Cr ₹1,186.79 Cr
Cost of Materials Consumed ₹1,459.16 Cr ₹914.54 Cr ₹702.31 Cr
Purchases of Stock-in-Trade ₹80.37 Lakh ₹2.52 Cr ₹6.06 Cr
Changes in Inventories -₹63.85 Cr -₹33.56 Cr -₹9.75 Cr
Employee Benefit Expense ₹42.16 Cr ₹32 Cr ₹32.68 Cr
Finance Costs ₹28.41 Cr ₹10.12 Cr ₹6.13 Cr
Depreciation & Amortisation ₹37.38 Cr ₹32.37 Cr ₹28.73 Cr
Other Expenses ₹486.05 Cr ₹404.4 Cr ₹360.44 Cr
Total Expenses ₹1,990.11 Cr ₹1,362.38 Cr ₹1,126.59 Cr
Profit Before Exceptional Items & Tax ₹34.43 Cr ₹27.8 Cr ₹60.2 Cr
Exceptional Items ₹0 ₹0 ₹0
Profit Before Tax ₹34.43 Cr ₹27.8 Cr ₹60.2 Cr
Total Tax Expense ₹9.77 Cr ₹10.04 Cr ₹15.02 Cr
Net Profit ₹24.67 Cr ₹17.76 Cr ₹45.18 Cr
  attributable to Owners ₹24.67 Cr ₹17.76 Cr -
  attributable to NCI - ₹0 -
Other Comprehensive Income ₹6.29 Lakh ₹80.87 Lakh -₹48.85 Lakh
Total Comprehensive Income ₹24.73 Cr ₹18.57 Cr ₹44.69 Cr
EBITDA (computed) ₹100.22 Cr ₹70.28 Cr ₹95.06 Cr
Basic EPS ₹3.95 ₹2.85 ₹8.69
Diluted EPS ₹3.95 ₹2.85 ₹8.69
Metrics FY 2025 FY 2024 FY 2023
Total Assets ₹1,322.81 Cr ₹1,156.44 Cr ₹987.73 Cr
Non-current Assets ₹755.11 Cr ₹722.88 Cr ₹605.44 Cr
Current Assets ₹567.7 Cr ₹433.56 Cr ₹382.29 Cr
Property, Plant & Equipment ₹715.49 Cr ₹518.25 Cr ₹275.81 Cr
Inventories ₹289.92 Cr ₹150.4 Cr ₹157.37 Cr
Trade Receivables ₹184.45 Cr ₹166.92 Cr ₹141.63 Cr
Cash & Equivalents ₹1.35 Cr ₹74.23 Lakh ₹5.16 Cr
Equity (Net Worth) ₹613.18 Cr ₹590.32 Cr ₹574.87 Cr
Equity Share Capital ₹6.24 Cr ₹6.24 Cr ₹5.2 Cr
Borrowings (Non-current) ₹169.94 Cr ₹228.2 Cr ₹127.5 Cr
Borrowings (Current) ₹222.08 Cr ₹120.67 Cr ₹120.47 Cr
Total Debt (computed) ₹392.01 Cr ₹348.87 Cr ₹247.97 Cr
Current Liabilities ₹499.87 Cr ₹309.13 Cr ₹266.57 Cr
Total Liabilities ₹709.64 Cr ₹566.12 Cr ₹412.86 Cr
Metrics FY 2025 FY 2024 FY 2023
Operating Cash Flow ₹41.68 Cr ₹66.28 Cr ₹15.44 Cr
Investing Cash Flow -₹54.32 Cr -₹158.29 Cr -₹247.21 Cr
Financing Cash Flow ₹13.24 Cr ₹87.6 Cr ₹124.31 Cr
Capital Expenditure ₹56.26 Cr ₹179.21 Cr ₹254.25 Cr
Free Cash Flow (computed) -₹14.58 Cr -₹112.93 Cr -₹238.81 Cr
Dividends Paid ₹1.87 Cr ₹3.12 Cr ₹5.2 Cr
Net Change in Cash ₹60.34 Lakh -₹4.41 Cr -₹107.45 Cr
Metrics Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24 Q4 FY23
Revenue from Operations ₹541.72 Cr ₹593.23 Cr ₹514.88 Cr ₹609.76 Cr ₹440.47 Cr ₹454.56 Cr ₹405.59 Cr ₹371.08 Cr ₹307.83 Cr ₹293.47 Cr ₹301.54 Cr
Other Income ₹30.32 Lakh ₹1.91 Cr ₹78.4 Lakh ₹73.81 Lakh ₹1.16 Cr ₹2.18 Cr ₹1.42 Cr ₹3.02 Cr ₹3.98 Cr ₹3.78 Cr ₹3.08 Cr
Total Income ₹542.02 Cr ₹595.15 Cr ₹515.67 Cr ₹610.5 Cr ₹441.63 Cr ₹456.74 Cr ₹407.01 Cr ₹374.1 Cr ₹311.81 Cr ₹297.26 Cr ₹304.61 Cr
Cost of Materials Consumed ₹375.4 Cr ₹361.32 Cr ₹391.31 Cr ₹443.96 Cr ₹314.64 Cr ₹309.24 Cr ₹290.59 Cr ₹243.22 Cr ₹199.73 Cr ₹181.01 Cr ₹185.86 Cr
Purchases of Stock-in-Trade ₹2.57 Cr ₹2.75 Cr -₹85.72 Lakh ₹47.09 Lakh ₹96.73 Lakh ₹22.26 Lakh -₹1.04 Cr ₹58.22 Lakh ₹1.08 Cr ₹1.9 Cr ₹61.07 Lakh
Changes in Inventories -₹12.69 Cr ₹58.6 Cr -₹41.92 Cr -₹5.33 Cr -₹11.35 Cr -₹5.25 Cr -₹22.32 Cr ₹2.59 Cr -₹14.46 Cr ₹63.23 Lakh -₹2.12 Cr
Employee Benefit Expense ₹11.15 Cr ₹10.98 Cr ₹12.25 Cr ₹10.78 Cr ₹10.59 Cr ₹8.54 Cr ₹8.2 Cr ₹8.03 Cr ₹8 Cr ₹7.78 Cr ₹6.95 Cr
Finance Costs ₹8.15 Cr ₹8.1 Cr ₹8.78 Cr ₹7.88 Cr ₹7.46 Cr ₹4.28 Cr ₹3.52 Cr ₹48.13 Lakh ₹3.98 Cr ₹2.13 Cr ₹2.03 Cr
Depreciation & Amortisation ₹11.43 Cr ₹10.52 Cr ₹10.36 Cr ₹10.52 Cr ₹8.07 Cr ₹8.44 Cr ₹8.78 Cr ₹5.27 Cr ₹9.53 Cr ₹8.78 Cr ₹7.34 Cr
Other Expenses ₹123.43 Cr ₹123.01 Cr ₹125.23 Cr ₹133.15 Cr ₹109.38 Cr ₹118.3 Cr ₹110.86 Cr ₹105.93 Cr ₹97.28 Cr ₹90.34 Cr ₹84.62 Cr
Total Expenses ₹519.45 Cr ₹575.28 Cr ₹505.14 Cr ₹601.43 Cr ₹439.77 Cr ₹443.76 Cr ₹398.58 Cr ₹366.11 Cr ₹305.13 Cr ₹292.57 Cr ₹285.29 Cr
Profit Before Exceptional Items & Tax ₹22.57 Cr ₹19.87 Cr ₹10.52 Cr ₹9.07 Cr ₹1.86 Cr ₹12.98 Cr ₹8.43 Cr ₹8 Cr ₹6.68 Cr ₹4.69 Cr ₹19.33 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹22.57 Cr ₹19.87 Cr ₹10.52 Cr ₹9.07 Cr ₹1.86 Cr ₹12.98 Cr ₹8.43 Cr ₹8 Cr ₹6.68 Cr ₹4.69 Cr ₹19.33 Cr
Total Tax Expense ₹6.82 Cr ₹6.72 Cr ₹3.52 Cr ₹2.32 Cr ₹64.02 Lakh ₹3.29 Cr ₹1.85 Cr ₹3.37 Cr ₹4.51 Cr ₹31.38 Lakh ₹4.96 Cr
Net Profit ₹15.75 Cr ₹13.14 Cr ₹7.01 Cr ₹6.75 Cr ₹1.22 Cr ₹9.69 Cr ₹6.58 Cr ₹4.63 Cr ₹2.17 Cr ₹4.38 Cr ₹14.37 Cr
  attributable to Owners ₹15.75 Cr ₹13.14 Cr ₹7.01 Cr ₹6.75 Cr ₹1.22 Cr ₹9.69 Cr ₹6.58 Cr ₹4.63 Cr ₹2.17 Cr ₹4.38 Cr -
  attributable to NCI - - - ₹0 ₹0 ₹0 ₹0 - - ₹0 -
Other Comprehensive Income -₹28.79 Lakh ₹46.75 Lakh -₹67.56 Lakh -₹4.62 Lakh ₹44.04 Lakh ₹34.42 Lakh ₹54.07 Lakh -₹25.53 Lakh ₹47.16 Lakh ₹5.16 Lakh -₹49.24 Lakh
Total Comprehensive Income ₹15.46 Cr ₹13.61 Cr ₹6.33 Cr ₹6.7 Cr ₹1.66 Cr ₹10.04 Cr ₹7.12 Cr ₹4.37 Cr ₹2.65 Cr ₹4.43 Cr ₹13.88 Cr
EBITDA (computed) ₹42.16 Cr ₹38.49 Cr ₹29.66 Cr ₹27.47 Cr ₹17.39 Cr ₹25.7 Cr ₹20.73 Cr ₹13.75 Cr ₹20.2 Cr ₹15.6 Cr ₹28.7 Cr
Basic EPS ₹2.53 ₹2.11 ₹1.12 ₹1.08 ₹0.20 ₹1.55 ₹1.05 ₹0.74 ₹0.35 ₹0.70 ₹2.76
Diluted EPS ₹2.53 ₹2.11 ₹1.12 ₹1.08 ₹0.20 ₹1.55 ₹1.05 ₹0.74 ₹0.35 ₹0.70 ₹2.76
Latest 11 quarters shown.
Segment · Q2 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Ethanol(Bio-Fuel)/Distillery ₹386.55 Cr ₹27.15 Cr ₹859.33 Cr ₹466.37 Cr
Grain Processing ₹133.24 Cr -₹69.26 Lakh ₹338.04 Cr ₹124.13 Cr
Mineral Processing ₹21.93 Cr ₹4.5 Cr ₹61.81 Cr ₹9.54 Cr
Unallocated ₹0 -₹23.38 Lakh ₹31.46 Cr ₹50.23 Cr
Segment · FY 2025 (annual) Revenue Result (PBIT) Assets Liabilities
Ethanol(Bio-Fuel)/Distillery ₹1,186.8 Cr ₹52.3 Cr - -
Grain Processing ₹728.51 Cr -₹11.25 Cr - -
Mineral Processing ₹104.36 Cr ₹20.31 Cr - -
Unallocated ₹0 ₹1.49 Cr - -
Want more history and ratios?
You're viewing the latest exchange-filed financials for Gulshan Polyols Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
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Board & Governance of Gulshan Polyols Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Gulshan Polyols Limited has 10 directors - 5 independent and 4 executive. The board is chaired by CHANDRA KUMAR JAIN.

DirectorPositionOn board sinceListed boards
CHANDRA KUMAR JAIN Executive Director · MD · Chairperson 2000-10-20 1
ARUSHI JAIN Executive Director · MD 2010-01-01 1
ADITI PASARI Executive Director · MD 2010-01-01 1
ASHWANI KUMAR VATS Executive Director · CEO 2008-10-30 1
ANUBHA GUPTA Non-Executive - Non Independent Director 2025-10-01 1
ARCHANA JAIN Non-Executive - Independent Director 2021-05-22 3
NITESH GARG Non-Executive - Independent Director 2024-04-01 2
SOUMYAJIT MITRA Non-Executive - Independent Director 2024-04-01 1
VARDHMAN DOOGAR Non-Executive - Independent Director 2024-10-01 1
RAHUL JAIN Non-Executive - Independent Director 2025-10-01 1
Board Committees
CommitteeMembers
Audit Committee NITESH GARG (Chairperson), SOUMYAJIT MITRA, CHANDRA KUMAR JAIN, ARCHANA JAIN
Nomination and remuneration committee SOUMYAJIT MITRA (Chairperson), NITESH GARG, ARCHANA JAIN
Stakeholders Relationship Committee SOUMYAJIT MITRA (Chairperson), ARUSHI JAIN, ADITI PASARI
Risk Management Committee ARUSHI JAIN (Chairperson), NITESH GARG, ASHWANI KUMAR VATS
Corporate Social Responsibility Committee ARCHANA JAIN (Chairperson), ARUSHI JAIN, ADITI PASARI

Charges & Borrowings Gulshan Polyols Limited

Gulshan Polyols Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Gulshan Polyols Limited

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2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Gulshan Polyols Limited

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GST Compliance of Gulshan Polyols Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Gulshan Polyols Limited

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GSTIN registrations & state-wise presence
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Credit Ratings, Litigation & Regulatory Alerts for Gulshan Polyols Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Gulshan Polyols Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
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Group company & common directorship litigation
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Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Gulshan Polyols Limited

MSME Payment Delays by Gulshan Polyols Limited

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Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
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Subsidiaries & Group Companies of Gulshan Polyols Limited

Subsidiaries & Group Companies of Gulshan Polyols Limited

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Holding & parent company details
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MCA Filings & Documents of Gulshan Polyols Limited

MCA Filings & Documents of Gulshan Polyols Limited

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
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Complete document index with filing dates

Recent Activity on Gulshan Polyols Limited

Activity
20 Oct 2000
Gulshan Polyols Limited was registered on 20 Oct 2000 with Roc Kanpur & aged 25 years 8 months as per MCA records.

Recent News on Gulshan Polyols Limited

Frequently Asked Questions about Gulshan Polyols Limited

Gulshan Polyols Limited is marked as "Inactive" by the Ministry of Corporate Affairs. This typically indicates that the company has not filed its statutory returns and is not compliant with MCA requirements. Continued inactivity may result in the company being struck off.

Gulshan Polyols Limited is an inactive public limited company in the chemicals and materials sector based in Muzaffarnagar, Uttar Pradesh, India. It was incorporated on 20 October 2000 and is registered under CIN U24121UP2000PLC025708. The company is not compliant with MCA filing requirements.

The CIN (Corporate Identification Number) of Gulshan Polyols Limited is U24121UP2000PLC025708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The primary industry of Gulshan Polyols Limited is chemicals and materials. The company specifically operates in organic chemicals and compounds.

Gulshan Polyols Limited can be reached at the registered office: 9Th Km. Jansath Road Muzaffarnagar, Uttar Pradesh, India.

The authorised capital is ₹3.5 Cr, and the paid-up capital is ₹31.06 Lakh.

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