Revised Intimation regarding receipt of allocation for Supply of Ethanol to OMC's under Ethanol Blended Petrol Programme(EBPP)
GULPOLY · price
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Gulshan Polyols has been allocated a total quantity of 55,476 kiloliters of ethanol for supply to Oil Marketing Companies (BPCL, IOCL, HPCL, and MRPL) for the Ethanol Supply Year 2024-25, with an estimated order value of about ₹362.85 crores. This is a revised intimation — the company had earlier disclosed an allocation of 20,825 KL worth roughly ₹121.83 crores, and the balance quantity of 34,651 KL (~₹241 crores) is the new incremental portion being reported now. The allocation came through tenders floated by OMCs under the government's Ethanol Blended Petrol Programme across multiple locations in India. The order is entirely domestic and is being supplied to public-sector oil companies, providing strong revenue visibility for the company's ethanol segment.
This is a material order that significantly boosts Gulshan Polyols' near-term revenue visibility and underscores its standing as a key ethanol supplier in the government blending programme. The large incremental allocation may support earnings and could be viewed positively by the market.