NSEI:GULPOLY

Stock Analysis Report

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Executive Summary

Gulshan Polyols Limited engages in the mineral processing, grain processing, and distillary businesses in India and internationally. More Details


Snowflake Analysis

Flawless balance sheet second-rate dividend payer.

Share Price & News

How has Gulshan Polyols's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GULPOLY's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

11.9%

GULPOLY

0.6%

IN Chemicals

-0.4%

IN Market


1 Year Return

68.3%

GULPOLY

17.8%

IN Chemicals

2.3%

IN Market

Return vs Industry: GULPOLY exceeded the Indian Chemicals industry which returned 17.8% over the past year.

Return vs Market: GULPOLY exceeded the Indian Market which returned 2.3% over the past year.


Shareholder returns

GULPOLYIndustryMarket
7 Day11.9%0.6%-0.4%
30 Day19.4%1.1%3.3%
90 Day83.1%12.8%6.7%
1 Year71.1%68.3%20.5%17.8%4.0%2.3%
3 Year-15.4%-18.6%36.4%28.2%0.6%-4.1%
5 Year-7.4%-12.6%134.3%114.8%42.3%31.8%

Price Volatility Vs. Market

How volatile is Gulshan Polyols's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Gulshan Polyols undervalued compared to its fair value and its price relative to the market?

16.48x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GULPOLY (₹65.9) is trading above our estimate of fair value (₹48.07)

Significantly Below Fair Value: GULPOLY is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: GULPOLY is poor value based on its PE Ratio (16.5x) compared to the IN Chemicals industry average (15x).

PE vs Market: GULPOLY's PE Ratio (16.5x) is in line with the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate GULPOLY's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GULPOLY is good value based on its PB Ratio (1x) compared to the IN Chemicals industry average (1.2x).


Next Steps

Future Growth

How is Gulshan Polyols forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.8%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Gulshan Polyols has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Gulshan Polyols performed over the past 5 years?

-7.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GULPOLY has high quality earnings.

Growing Profit Margin: GULPOLY's current net profit margins (3.2%) are lower than last year (3.3%).


Past Earnings Growth Analysis

Earnings Trend: GULPOLY's earnings have declined by 7.7% per year over the past 5 years.

Accelerating Growth: GULPOLY's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GULPOLY had negative earnings growth (-16.8%) over the past year, making it difficult to compare to the Chemicals industry average (-1.4%).


Return on Equity

High ROE: GULPOLY's Return on Equity (6.1%) is considered low.


Next Steps

Financial Health

How is Gulshan Polyols's financial position?


Financial Position Analysis

Short Term Liabilities: GULPOLY's short term assets (₹1.9B) exceed its short term liabilities (₹1.3B).

Long Term Liabilities: GULPOLY's short term assets (₹1.9B) exceed its long term liabilities (₹217.4M).


Debt to Equity History and Analysis

Debt Level: GULPOLY's debt to equity ratio (26%) is considered satisfactory.

Reducing Debt: GULPOLY's debt to equity ratio has reduced from 35.1% to 26% over the past 5 years.

Debt Coverage: GULPOLY's debt is well covered by operating cash flow (55.6%).

Interest Coverage: GULPOLY's interest payments on its debt are well covered by EBIT (3.3x coverage).


Balance Sheet


Next Steps

Dividend

What is Gulshan Polyols's current dividend yield, its reliability and sustainability?

1.08%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: GULPOLY's dividend (1.08%) is higher than the bottom 25% of dividend payers in the Indian market (0.56%).

High Dividend: GULPOLY's dividend (1.08%) is low compared to the top 25% of dividend payers in the Indian market (2.3%).


Stability and Growth of Payments

Stable Dividend: GULPOLY's dividend payments have been volatile in the past 10 years.

Growing Dividend: GULPOLY's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (17.8%), GULPOLY's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.8yrs

Average board tenure


CEO

Ashwani Vats (58 yo)

no data

Tenure

₹5,096,615

Compensation

Mr. Ashwani Kumar Vats serves as Chief Executive Officer at Gulshan Polyols Limited. Mr. Vats has been a Whole-Time Director of Gulshan Polyols Limited since May 26, 2020. Mr. Vats served as an Executive D ...


CEO Compensation Analysis

Compensation vs Market: Ashwani's total compensation ($USD69.19K) is about average for companies of similar size in the Indian market ($USD55.70K).

Compensation vs Earnings: Ashwani's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Chandra Jain
Chairman & MD6.75yrs₹16.90m7.56%
₹ 233.9m
Ashwani Vats
CEO & Whole-Time Directorno data₹5.10mno data
Aditi Pasari
Whole Time Director10.75yrs₹4.30m0.15%
₹ 4.8m
Arushi Jain
Whole Time Director10.75yrs₹4.60m0.81%
₹ 25.1m
Akhilesh Maheshwari
Non-Executive Independent Director13yrs₹369.00k0.0024%
₹ 74.0k
Kailash Gupta
Non-Executive Independent Director4.42yrs₹357.50k0.00099%
₹ 30.6k
Rakesh Gupta
Non-Executive Independent Director6.17yrs₹357.50k0.0021%
₹ 65.9k
Jeewan Bhagat
Non-Executive Independent Director6.17yrs₹346.00k0.033%
₹ 1.0m

8.8yrs

Average Tenure

58yo

Average Age

Experienced Board: GULPOLY's board of directors are considered experienced (8.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Gulshan Polyols Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gulshan Polyols Limited
  • Ticker: GULPOLY
  • Exchange: NSEI
  • Founded: 2000
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: ₹3.094b
  • Shares outstanding: 46.92m
  • Website: https://www.gulshanindia.com

Number of Employees


Location

  • Gulshan Polyols Limited
  • G-81, Preet Vihar
  • Delhi
  • Delhi
  • 110092
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532457BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 2005
GULPOLYNSEI (National Stock Exchange of India)YesEquity SharesININRMay 2005

Biography

Gulshan Polyols Limited engages in the mineral processing, grain processing, and distillary businesses in India and internationally. The company provides starch sugar products, such as sorbitol 70% solutio ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/22 12:39
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.