Outcome of Board Meeting held on May 22, 2026 and Audited Financial Results for the quarter and financial year ended March 31, 2026.
GULPOLY · price
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Gulshan Polyols reported FY2026 revenue of ₹2,31,242 Lakhs, up ~14.5% from ₹2,01,968 Lakhs in FY2025. Net profit after tax surged to ₹10,715 Lakhs, a dramatic ~332% jump from ₹2,479 Lakhs, driven largely by a turnaround in the Ethanol/Bio-Fuel segment which contributed ₹17,785 Lakhs in segment profit vs only ₹5,230 Lakhs in the prior year. The company declared a dividend of ₹1.50 per share (150% on face value of ₹1). Q4 standalone profit came in at ₹3,754 Lakhs. Statutory auditors Shahid & Associates issued an unmodified (clean) opinion. An exceptional item of ₹23.48 Lakhs was recognized due to the dissolution and discontinuation of consolidation of the foreign subsidiary Gulshan Overseas — FZCO. The company changed its accounting treatment for government grant income (Interest Subvention Scheme), reversing ₹536.90 Lakhs of subsidy income previously booked.
The company delivered a strong turnaround in profitability, with PAT growth over 300% YoY. The clean audit opinion and dividend declaration are positive signals for shareholders, though revenue growth at ~14.5% fell short of a high-growth threshold.