Gulshan Polyols Limited — Investor Meet, 27-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Gulshan Polyols reported 47% revenue growth to Rs 2020 Cr, with EBITDA up 64% and PAT rising 39% YoY for the quarter and half-year. Ethanol led growth despite raw material cost inflation and inventory pressure. Grain segment remains stable, focusing on value-added products to boost margins. Ethanol capacity utilization is 80-90%, targeting near 100%. Management is managing maize and rice price volatility, expecting incentives to aid profitability. Export focus is on high-value products like sorbitol. Farmer outreach and capacity expansion are priorities. The outlook is confident with cautious optimism on margins and volume growth.