The Board at its meeting held today, recommend a Dividend @150% amounting of Rs. 1.50 per equity share on the basis of face value of Rs. 1 each for the financial year ended March 31, 2026.
GULPOLY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gulshan Polyols board has recommended a dividend of Rs. 1.50 per equity share (150% on face value of Rs. 1) for FY2026, subject to shareholder approval at the AGM. The company reported robust annual performance with net profit surging to Rs. 10,714.67 lakhs compared to Rs. 2,478.71 lakhs in FY2025, driven by strong Ethanol segment revenue of Rs. 1,60,908.89 lakhs. Total income for the year stood at Rs. 2,31,439.17 lakhs, up 14% from Rs. 2,02,454.39 lakhs. The company's cash position improved significantly to Rs. 2,775.87 lakhs from Rs. 117.43 lakhs. The dividend payout appears consistent with the prior year dividend paid of Rs. 187.11 lakhs.
The consistent dividend recommendation signals financial stability despite massive profit growth. The low payout ratio (~1.7% of net profit) indicates retained earnings will fund growth. Shareholders should view this positively as it confirms strong operational performance, particularly in the Ethanol segment.