Gulshan Polyols Limited
Gulshan Polyols Limited engages in the mineral and grain processing, and ethanol distillery businesses in India and internationally. The company provides starch sugar products, such as sorbitol 70% solution, dextrose monohydrate, malto dextrine powder, and liquid glucose, rice fructose syrups, brown rice syrups, and rice syrup solids; organic sweeteners; native and maize starches; and animal nutr… Read more
Gulshan Polyols Limited (GULPOLY) - Net Assets
Latest net assets as of September 2025: ₹6.40 Billion INR
Based on the latest financial reports, Gulshan Polyols Limited (GULPOLY) has net assets worth ₹6.40 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹12.91 Billion) and total liabilities (₹6.50 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹6.40 Billion |
| % of Total Assets | 49.62% |
| Annual Growth Rate | 19.95% |
| 5-Year Change | 67.74% |
| 10-Year Change | 151.22% |
| Growth Volatility | 48.0 |
Gulshan Polyols Limited - Net Assets Trend (2007–2025)
This chart illustrates how Gulshan Polyols Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Gulshan Polyols Limited (2007–2025)
The table below shows the annual net assets of Gulshan Polyols Limited from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹6.13 Billion | +3.87% |
| 2024-03-31 | ₹5.90 Billion | +2.69% |
| 2023-03-31 | ₹5.75 Billion | +7.37% |
| 2022-03-31 | ₹5.35 Billion | +46.46% |
| 2021-03-31 | ₹3.66 Billion | +19.74% |
| 2020-03-31 | ₹3.05 Billion | +5.07% |
| 2019-03-31 | ₹2.91 Billion | +6.39% |
| 2018-03-31 | ₹2.73 Billion | +2.27% |
| 2017-03-31 | ₹2.67 Billion | +9.41% |
| 2016-03-31 | ₹2.44 Billion | +15.21% |
| 2015-03-31 | ₹2.12 Billion | +16.86% |
| 2014-03-31 | ₹1.81 Billion | +15.03% |
| 2013-03-31 | ₹1.58 Billion | +15.23% |
| 2012-03-31 | ₹1.37 Billion | +10.92% |
| 2011-03-31 | ₹1.23 Billion | +18.55% |
| 2010-03-31 | ₹1.04 Billion | -1.27% |
| 2009-03-31 | ₹1.05 Billion | +216.30% |
| 2008-03-31 | ₹333.08 Million | +43.60% |
| 2007-03-31 | ₹231.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gulshan Polyols Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 469656000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹4.70 Billion | 76.59% |
| Common Stock | ₹62.37 Million | 1.02% |
| Other Comprehensive Income | ₹-1.16 Billion | -18.87% |
| Other Components | ₹2.53 Billion | 41.26% |
| Total Equity | ₹6.13 Billion | 100.00% |
Gulshan Polyols Limited Competitors by Market Cap
The table below lists competitors of Gulshan Polyols Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Advice It Infinite Pcl
BK:ADVICE
|
$34.64 Million |
|
King Gen PCL
BK:KGEN
|
$34.64 Million |
|
MiniLuxe Holding Corp
OTCQB:MNLXF
|
$34.64 Million |
|
Sensys Gatso Group AB
ST:SGG
|
$34.65 Million |
|
Mermaid Maritime Public Company Limited
PINK:MMMPF
|
$34.63 Million |
|
Actinium Pharmaceuticals Inc
NYSE MKT:ATNM
|
$34.63 Million |
|
Turk Ilac ve Serum Sanayi AS
IS:TRILC
|
$34.61 Million |
|
Madison County Financial Inc
PINK:MCBK
|
$34.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gulshan Polyols Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,903,191,000 to 6,131,771,000, a change of 228,580,000 (3.9%).
- Net income of 246,663,000 contributed positively to equity growth.
- Dividend payments of 18,711,000 reduced retained earnings.
- Other comprehensive income increased equity by 629,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹246.66 Million | +4.02% |
| Dividends Paid | ₹18.71 Million | -0.31% |
| Other Comprehensive Income | ₹629.00K | +0.01% |
| Other Changes | ₹-1.00K | -0.0% |
| Total Change | ₹- | 3.87% |
Book Value vs Market Value Analysis
This analysis compares Gulshan Polyols Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.58x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 24.85x to 1.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-03-31 | ₹6.22 | ₹154.63 | x |
| 2008-03-31 | ₹8.94 | ₹154.63 | x |
| 2009-03-31 | ₹21.03 | ₹154.63 | x |
| 2010-03-31 | ₹20.77 | ₹154.63 | x |
| 2011-03-31 | ₹24.33 | ₹154.63 | x |
| 2012-03-31 | ₹26.98 | ₹154.63 | x |
| 2013-03-31 | ₹31.09 | ₹154.63 | x |
| 2014-03-31 | ₹35.77 | ₹154.63 | x |
| 2015-03-31 | ₹39.75 | ₹154.63 | x |
| 2016-03-31 | ₹43.36 | ₹154.63 | x |
| 2017-03-31 | ₹47.43 | ₹154.63 | x |
| 2018-03-31 | ₹48.51 | ₹154.63 | x |
| 2019-03-31 | ₹51.61 | ₹154.63 | x |
| 2020-03-31 | ₹54.23 | ₹154.63 | x |
| 2021-03-31 | ₹61.47 | ₹154.63 | x |
| 2022-03-31 | ₹85.84 | ₹154.63 | x |
| 2023-03-31 | ₹92.17 | ₹154.63 | x |
| 2024-03-31 | ₹94.65 | ₹154.63 | x |
| 2025-03-31 | ₹98.14 | ₹154.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gulshan Polyols Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.22%
- • Asset Turnover: 1.53x
- • Equity Multiplier: 2.16x
- Recent ROE (4.02%) is below the historical average (12.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 22.83% | 5.61% | 1.47x | 2.76x | ₹29.75 Million |
| 2008 | 28.97% | 8.66% | 1.37x | 2.44x | ₹63.19 Million |
| 2009 | 16.49% | 8.04% | 1.18x | 1.74x | ₹68.42 Million |
| 2010 | 12.21% | 5.77% | 1.25x | 1.69x | ₹23.00 Million |
| 2011 | 13.25% | 5.94% | 1.36x | 1.64x | ₹40.11 Million |
| 2012 | 13.10% | 6.57% | 1.32x | 1.51x | ₹42.35 Million |
| 2013 | 15.31% | 8.55% | 1.23x | 1.45x | ₹83.69 Million |
| 2014 | 14.96% | 8.34% | 1.02x | 1.76x | ₹89.93 Million |
| 2015 | 12.03% | 6.33% | 1.15x | 1.64x | ₹42.90 Million |
| 2016 | 12.49% | 7.02% | 1.00x | 1.78x | ₹60.86 Million |
| 2017 | 10.24% | 5.53% | 0.98x | 1.90x | ₹6.38 Million |
| 2018 | 6.68% | 2.92% | 1.22x | 1.88x | ₹-90.69 Million |
| 2019 | 7.37% | 3.25% | 1.37x | 1.66x | ₹-76.30 Million |
| 2020 | 6.74% | 3.42% | 1.32x | 1.50x | ₹-99.45 Million |
| 2021 | 16.99% | 8.11% | 1.54x | 1.36x | ₹255.61 Million |
| 2022 | 15.92% | 7.79% | 1.41x | 1.45x | ₹317.10 Million |
| 2023 | 7.86% | 3.83% | 1.19x | 1.72x | ₹-123.05 Million |
| 2024 | 3.01% | 1.31% | 1.17x | 1.96x | ₹-412.74 Million |
| 2025 | 4.02% | 1.22% | 1.53x | 2.16x | ₹-366.51 Million |
Industry Comparison
This section compares Gulshan Polyols Limited's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $7,566,417,574
- Average return on equity (ROE) among peers: 17.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gulshan Polyols Limited (GULPOLY) | ₹6.40 Billion | 22.83% | 1.02x | $34.64 Million |
| Archean Chemical Industries Limited (ACI) | $18.64 Billion | 8.70% | 0.28x | $374.06 Million |
| Amines & Plasticizers Limited (AMNPLST) | $189.73 Million | 16.38% | 2.50x | $10.36 Million |
| The Andhra Sugars Limited (ANDHRSUGAR) | $8.95 Billion | -0.54% | 0.68x | $60.92 Million |
| Bhansali Engineering Polymers Limited (BEPL) | $10.02 Billion | 17.96% | 0.10x | $88.83 Million |
| Chemplast Sanmar Limited (CHEMPLASTS) | $4.98 Billion | 35.86% | 4.35x | $183.76 Million |
| DCW Limited (DCW) | $6.32 Billion | -0.68% | 1.88x | $69.23 Million |
| Deepak Fertilizers and Petrochemicals Corporation Limited (DEEPAKFERT) | $8.10 Billion | 16.91% | 1.17x | $685.82 Million |
| Deepak Nitrite Limited (DEEPAKNTR) | $15.72 Billion | 38.87% | 1.04x | $1.09 Billion |
| DIAMINES AND CHEMICALS ORD (BSE) (DIAMINESQ) | $651.80 Million | 36.80% | 0.17x | $9.53 Million |
| DMCC SPECIALITY CHEMICALS LIMITED (DMCC) | $2.10 Billion | 5.53% | 0.80x | $22.00 Million |