Gulshan Polyols Surge After Major Ethanol Order

Gulshan Polyols saw a big jump in its stock price – 9.73% – reaching Rs 155.70. This increase happened because the company won a significant contract to make and supply ethanol to major fuel companies. The order is worth a whopping Rs 1,185 crore, which is a fantastic boost for the company.

Key Points

• Large ethanol order secures Rs 1,185 crore revenue stream.
• Supplying ethanol to BPCL, IOCL, HPCL and MRPL.
• Increased ethanol supply strengthens India’s fuel program.
• Financial support via PLFA for 2023-24 year.
• Company focuses on grain processing, biofuel, and minerals.
• Q1 FY26 profits rose 35.6% with higher sales.

The company successfully bid on a tender run by oil marketing companies (OMCs) under the Ethanol Blended Petrol Programme (EBPP). This program aims to mix ethanol with petrol to reduce pollution. Gulshan Polyols will be providing 1,75,652 Kiloliters of ethanol to companies like Bharat Petroleum Corporation (BPCL), Indian Oil Corporation (IOCL), Hindustan Petroleum Corporation (HPCL) and Mangalore Refinery And Petrochemicals (MRPL).

Furthermore, the company received financial assistance from the MP Industrial Development Corporation Limited (MPIDC) – a Production Linked Fiscal Assistance (PLFA) of Rs 5.3754 crore for the financial year 2023-24. This support will contribute to the company’s ongoing operations and future growth.

Gulshan Polyols is involved in producing various products including Ethanol/Bio-fuel and grain and mineral based specialty products. Their business is spread across three main areas: grain processing, making biofuel, and working with minerals.

Recent financial results show a significant improvement. The company’s consolidated net profit jumped 35.6% to Rs 13.14 crore. This increase was driven by a 30.5% rise in net sales, reaching Rs 593.23 crore, comparing Q1 FY26 to Q1 FY25.

This ethanol order demonstrates the growing demand for sustainable fuel solutions in India.