Gulshan Polyols Aims to Double Capacity by FY27, Leveraging Green Energy Initiatives
Gulshan Polyols will double production capacity by FY27, focusing on specialty chemicals, grain processing, and green energy projects like green methanol and ethanol. The company plans to expand exports to 35+ countries. In Q2 FY26, revenue grew 23% YoY to ₹541.7 crore, driven mainly by strong ethanol segment performance and improved margins.
Gulshan Polyols , a leading manufacturer of specialty chemicals and grain processing products, has unveiled plans to double its production capacity by the fiscal year 2027. The company’s strategy focuses on expanding its specialty chemical and grain processing capabilities while embracing green energy initiatives.
Expansion Plans and Green Energy Focus
Gulshan Polyols aims to support its growth through ventures in green methanol, ethanol, and carbon capture technologies. The company plans to leverage the Indian government’s green hydrogen initiative to drive diversified, high-margin growth. This aligns with the broader national goal of reducing dependence on imported oil and addressing environmental concerns.
Export Expansion
As part of its growth strategy, Gulshan Polyols plans to expand its export reach to over 35 countries. This move is expected to strengthen the company’s global presence and potentially increase its market share in the specialty chemicals sector.
Recent Financial Performance
The company’s recent financial results reflect its ongoing expansion efforts and the challenges faced in different segments:
| Segment | Q2 FY26 Revenue (₹ Cr) | Q2 FY26 EBITDA (₹ Cr) | EBITDA Margin |
|---|---|---|---|
| Ethanol | 387.00 | 33.00 | 8.50% |
| Grain Processing | 133.00 | 3.70 | 2.80% |
| Mineral Processing | 22.00 | 6.00 | 26.50% |
- Ethanol Segment: Showed strong performance with a revenue of ₹387.00 crore and an EBITDA of ₹33.00 crore in Q2 FY26, marking an EBITDA margin of 8.50%.
- Grain Processing: Faced challenges with revenue at ₹133.00 crore and EBITDA at ₹3.70 crore, showing signs of recovery with a 2.80% EBITDA margin.
- Mineral Processing: Demonstrated stability with revenue of ₹22.00 crore and an EBITDA margin of 26.50%.
Overall Financial Highlights (Q2 FY26)
- Total Revenue: ₹541.70 crore (23% YoY growth)
- EBITDA: ₹41.90 crore (139% YoY growth)
- EBITDA Margin: 7.70% (370 bps improvement YoY)
- Profit After Tax: ₹15.50 crore (1092% YoY growth)
Future Outlook
Gulshan Polyols expects strong momentum to continue in FY26:
- Ethanol Segment: Aims for full capacity utilization of its 810 KLPD distillery, targeting 25 crore litre production.
- Grain Segment: Anticipates recovery in industry demand, planning to scale up operations and production capacity.
- Mineral Segment: Projects stable operations with continued full capacity utilization.
The company is also conducting a feasibility study to assess the viability of bio-diesel production, potentially adding another green energy initiative to its portfolio.
As Gulshan Polyols moves forward with its expansion plans and green energy initiatives, the company appears well-positioned to capitalize on the growing demand for sustainable chemical solutions and the government’s push for ethanol blending in fuels.
Historical Stock Returns for Gulshan Polyols
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.02% | +1.86% | +6.24% | -16.89% | -28.40% | +136.59% |
To Read more about Ethanol Industry & Bio Energy News, continue reading Agriinsite.com
Source : Scanx
