Gulshan Polyols Ltd Stock Analysis

BSE: 532457 | NSE: GULPOLY | Consumer Food | Small Cap

BSE Share Price 23-Sep-2022 18:01
261.10 -3.35 (-1.27%)

DeciZen - Make an Informed Decision on Gulshan Polyols

Overall Rating

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Gulshan Polyols Price Chart

P/E Ratio (SA) :
19.54
Market Cap :
1,357.1 Cr.
52-wk low :
204.7
52-wk high :
429
Bole Toh?

1. Is Gulshan Polyols Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Gulshan Polyols Ltd is a average quality company.

2. Is Gulshan Polyols Ltd undervalued or overvalued?

The key valuation ratios of Gulshan Polyols Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Gulshan Polyols Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Gulshan Polyols Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Gulshan Polyols:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Gulshan Polyols Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 14.6%12.7%9.6%9.7%7.7%5.7%6.9%6.8%16.7%17%-
Value Creation Index 0.1-0.1-0.3-0.3-0.5-0.6-0.5-0.50.20.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2823254024414936246746217661,1011,132
YoY Gr. Rt. %-15.2%23.7%9.7%11.7%26.6%8%-7.9%23.4%43.7%-
Adj EPS 5.76.35.76.65.63.64.54.412.416.313.4
YoY Gr. Rt. %-10.7%-9.2%15.6%-15.8%-34.9%23.2%-1.6%182.5%31.1%-
BVPS (₹) 34.940.544.95055.258.261.965.176103105
Adj Net Profit 2426.625.430.626.11720.920.661.584.570
Cash Flow from Ops. 2132.249.855.48142.187.144.197.564.4-
Debt/CF from Ops. 1.72.61.82.524.31.72.30.11.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 16.3%17.4%17.8%43.7%
Adj EPS 12.4%23.9%53.9%31.1%
BVPS 12.813.318.535.6
Share Price 35% 25.9% 73.5% 3.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 16.315.712.913.410.46.47.46.91818.512.9
Op. Profit Mgn % 1614.313.413.812.311.112.411.11713.611.4
Net Profit Mgn % 8.58.26.36.95.32.73.13.387.76.1
Debt to Equity 0.20.50.40.60.60.70.50.300.2-
Working Cap Days 101115106103117117103108103930
Cash Conv. Cycle 677770677280777961470

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 17.77%

Net Profit is growing at healthy rate in last 3 years 53.88%

Sales growth is good in last 4 quarters at 28.66%

Return on Equity has declined versus last 3 years average to 12.90%

Latest Financials - Gulshan Polyols Ltd.

Standalone Consolidated
TTM EPS (₹) 13.4 -
TTM Sales (₹ Cr.) 1,132 -
BVPS (₹.) 105 -
Reserves (₹ Cr.) 540 -
P/BV 2.49 -
PE 19.54 -
From the Market
52 Week Low / High (₹) 204.70 / 429.00
All Time Low / High (₹) 0.20 / 429.00
Market Cap (₹ Cr.) 1,357
Equity (₹ Cr.) 5.2
Face Value (₹) 1
Industry PE 63.5

Management X-Ray of Gulshan Polyols :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Gulshan Polyols

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

About Gulshan Polyols Ltd

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.

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now