Gulshan Polyols Reports Strong Q2FY26 Results, Ethanol Segment Drives Growth
Gulshan Polyols reported strong Q2FY26 results, with revenue up 23% and PAT up 1092%, driven by the ethanol segment. Company anticipates continued growth and full ethanol capacity utilization in FY26.
The announcement includes detailed financial results for a recent quarter, segment-wise performance analysis, and a forward-looking outlook for key business segments. These are crucial details for investors to assess the company's current health and future prospects.
The company reported significant year-on-year growth in revenue, EBITDA, and PAT for Q2FY26, largely driven by the ethanol segment's strong performance and capacity ramp-ups. The outlook for FY26 is also positive, with anticipated full capacity utilization in the ethanol segment and recovery in the grain segment.
* Gulshan Polyols Limited has released its Investor Presentation on the unaudited financial results for the quarter and half year ended 30th September 2025. * Q2FY26 Financial Highlights (Year-on-Year): * Revenue grew by 23% to ₹541.7 crore. * EBITDA increased by 139% to ₹41.9 crore, with EBITDA Margin improving by 370 basis points to 7.7%. * Profit Before Tax (PBT) surged by 1079% to ₹22.4 crore. * Profit After Tax (PAT) rose by 1092% to ₹15.5 crore. * Segment Performance (FY25 Snapshot): * Ethanol Segment: Delivered the strongest performance, driven by successful capacity ramp-ups, with revenue of ₹1,187 crore (up 141% YoY) and EBITDA of ₹69 crore (up 179% YoY). * Grain Segment: Faced headwinds due to geopolitical disruptions and global commodity market realignments, with revenue of ₹729 crore (up 7% YoY) and EBITDA of ₹6 crore (down 58% YoY). * Mineral Segment: Showed stable performance with revenue of ₹104 crore (up 5% YoY) and EBITDA of ₹24 crore (up 8% YoY). * Outlook for FY26: * Ethanol Segment: Anticipates full capacity utilization of its 810 KLPD distillery, aiming to reach 25 crore litres. * Grain Segment: Expects recovery in industry demand, enabling scaled-up operations and production. * Mineral Segment: Projects stable operations with continued full capacity utilization. * The company has undertaken a feasibility study for bio-diesel production. * The 500 KLPD Madhya Pradesh plant is eligible for an additional incentive of ₹1.5 per litre effective 1st July 2023. * The 250 KLPD Assam plant will receive an additional incentive of ₹2 per litre starting 18th May 2025.
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Gulshan Polyols Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Gulshan Polyols Limited. Read the original for the full detail.