Gulshan Polyols Share Price Drops 5%, Q2 FY25 PAT Down 42%

On November 13, 2024, Gulshan Polyols, a leading manufacturer of specialty chemicals, reported a decline in net profit as profitability in its grain processing segment remained under pressure due to rising raw material costs. 

Q2 FY25 Financial Highlights

The revenue from operations in Q2 FY25 increased by 43.09%, rising to ₹44,047.46 lakhs from ₹30,783.02 lakhs in Q2 FY24.

However, EBITDA for Q2 FY25 stood at ₹1,745.10 lakhs, compared to ₹2,020.77 lakhs in Q2 FY24, resulting in an EBITDA margin of 3.96% in Q2 FY25, down from 6.56% in Q2 FY24.

Gulshan Polyols’ 500 KLPD Grain-Based Ethanol production facility in Boregaon, Madhya Pradesh, is efficiently running at 70% of its capacity. 

Additionally, the company’s new 250 KLPD Grain-Based Ethanol manufacturing unit in Goalpara, Assam, is also running at 70% capacity utilisation.

Gulshan Polyols Order Book Update

Gulshan Polyols has received an order for the supply of 1,42,222 Kilolitres of ethanol, estimated at ₹993.94 crores, for the fiscal year 2024-25. These orders will significantly contribute to the company’s revenue stream and further strengthen its position in the ethanol supply market.

Gulshan Polyols Share Price Performance

On November 14, 2024, Gulshan Polyols Share Price traded  3.08% lower at ₹182.94 at 02:00 PM. The share opened at ₹179.99 on NSE.

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