Gulshan Polyols Limited
6,319words
7turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
6x
₹3,316.2
₹8,781.9
₹241.8
₹663.6
₹118.5
₹311.2
₹3,338.0
₹2,927.6
7.2%
3.6%
Guidance — 9 items
Mineral Processing Segment
opening
“In the current quarter, we executed our Meghna Pulp & Paper Mills project as scheduled, which contributed in overall growth of this segment.”
Mineral Processing Segment
opening
“We aim to grow by expanding our product base, reaching newer geographies and working efficiently towards Make in India program while being an environmental friendly company.”
Mineral Processing Segment
opening
“We would like to express our gratitude to our employees for their ongoing efforts and our investors/ stakeholders for their support and encouragement as we go forward in capturing the growth prospects that lay ahead of us.” Management Guidance • Revenue from operation to grow exponentially in FY24 over FY22, on back of significant capacity expansion in Ethanol (Bio-Fuel)/Distillery and Grain Processing segment.”
Mineral Processing Segment
opening
“The company shall augment operations from the 500 KLPD facility at Borgoan, Madhya Pradesh and further adding another 250 KLPD in Assam where the operations shall commence by FY25.”
DISCLAIMER
opening
“By FY25 the Company plans to expand its ethanol capacity to 810 KLPD from current 60 KLPD.”
DISCLAIMER
opening
“09 Capex update Gulshan is looking at a total capex of INR 4,500 MN over the next 12 months, out of which INR 3,000 MN will be required to set up the 500 KLPD Ethanol plant in the state of M.P.”
DISCLAIMER
opening
“and INR 1,500 MN will be required for expanding the aggregate capacities across the grain processing division.”
DISCLAIMER
opening
“BUILDING CAPACITIES FOR THE ETHANOL SEGMENT The Company has embarked on a humungous capex plan to build two plants dedicated to the production of Ethanol for the Government’s Ethanol Blending in Petroleum Programme- 2025.”
Source
opening
“13 Source: https://tradingeconomics.com/commodity/coal Management guidance/ financial outlook Revenue from operation to grow exponentially in FY24 over FY22, on back of capacity significant Ethanol expansion (Bio-Fuel)/Distillery and Grain Processing segment.”
Advertisement
Risks & concerns — 3 flagged
Our margins in current financial year are affected due to the cost headwinds in grain and coal prices, however, in order to combat the impact of varying coal price in the future and staying true to our vision of fostering a greener economy we partially shifted to green source of power based out of solar energy for our grain processing and mineral processing unit in Muzaffarnagar in Uttar Pradesh.
— Grain Processing Segment
PAT stood at ₹118.5 Mn in Q3 FY23, compared to ₹190.5 Mn in Q3 FY22 recording a decline of 37.8% due to operational factors as mentioned above.
— Financial Performance Comparison
-47.4% PAT stood at ₹311.2 Mn in 9M FY23, compared to ₹735.8 Mn in 9M FY22 recording a decline of 57.7%.
— Financial Performance Comparison
Speaking time
2
1
1
1
1
1
Advertisement
Opening remarks
Grain Processing Segment
We continue to remain one of the dominant player in the grain processing segment on the back of enhanced product portfolios, vast industry experience and geographic reach. Our products in this segment find multi-faceted applications in industries like pharmaceuticals, oral care, paints, paper and packaging, food and confectionary, animal feed, oil, textiles and adhesives. The underlying growth in these industries has led to robust demand for our products and has allowed Gulshan to meaningfully contribute to the Make in India theme by focusing on product development that allows large scale import substitution. Our margins in current financial year are affected due to the cost headwinds in grain and coal prices, however, in order to combat the impact of varying coal price in the future and staying true to our vision of fostering a greener economy we partially shifted to green source of power based out of solar energy for our grain processing and mineral processing unit in Muzaffarnagar i
Mineral Processing Segment
We continue to hold a respectable market share in this segment and are recognized for our exquisite service and products like On-site PCC plants, Ground natural calcium carbonate / Wet ground calcium carbonate, Activated calcium carbonate and others. In the current quarter, we executed our Meghna Pulp & Paper Mills project as scheduled, which contributed in overall growth of this segment. We believe that Gulshan is at a cusp of a transformational journey of becoming one of the leading player in all the solution it provides. We aim to grow by expanding our product base, reaching newer geographies and working efficiently towards Make in India program while being an environmental friendly company. We would like to express our gratitude to our employees for their ongoing efforts and our investors/ stakeholders for their support and encouragement as we go forward in capturing the growth prospects that lay ahead of us.” Management Guidance • Revenue from operation to grow exponentially in FY
DISCLAIMER
CERTAIN STATEMENTS IN THIS DOCUMENT MAY BE FORWARD LOOKING STATEMENTS. SUCH FORWARD-LOOKING STATEMENTS ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES LIKE GOVERNMENTACTIONS, LOCAL POLITICAL OR ECONOMIC DEVELOPMENTS, TECHNOLOGICAL RISKS, AND MANY OTHER FACTORS THAT COULD CAUSE OUR ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTEMPLATED BY THE RELEVANT FORWARD-LOOKING STATEMENTS. GULSHAN POLYOLS LIMITED WILL NOT BE IN ANY WAY RESPONSIBLE FOR ANY ACTION TAKEN BASED ON SUCH STATEMENTS AND UNDERTAKES NO OBLIGATION TO PUBLICLY UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT SUBSEQUENT EVENTS OR CIRCUMSTANCES. Q3 FY23 Earnings Update Captive IR Strategic Advisors Pvt. Ltd. GULSHAN POLYOLS LIMITED Expanding Potential Investor Presentation January, 2023 Safe harbour Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political, or economic developments, techno
Financial Performance Comparison
Other Income Total Income Total Expenses excluding Depreciation, Amortization & Finance Cost EBITDA EBITDA Margin (%) Finance Cost Depreciation PBT Tax Expenses PAT PAT Margin % Other Comprehensive Income/(expense) 0.0 Net PAT Diluted EPS 118.5 2.3 21.7 1.0 ₹3,338.0 ₹2,927.6 14.0% ₹2,777.3 (3,096.1) (2,575.4) (2,573.4) 2,763.8 13.5 241.8 7.2% (15.2) (72.1) 154.6 (36.0) 118.5 3.6% -31.4% -37.8% 352.3 12.0% (16.0) (83.5) 252.7 (62.2) 190.5 6.5% (0.4) 190.1 3.8 203.9 7.3% (14.9) (71.2) 117.8 (26.9) 90.9 3.3% (0.1) 90.8 1.8 Q3 FY23 v/s Q3 FY22 Revenue from operations increased by 13.3% to ₹3,316.2 Mn in Q3 FY23 from ₹2,926.6 Mn in Q3 FY22. The revenue growth was led by healthy demand for products across all our segments. EBITDA decreased by 31.4% from ₹352.3 Mn in Q3 FY22 to ₹241.8 Mn in Q3 FY23 and margins contracted from 12.0% in Q3 FY22 to 7.2% in Q3 FY23 owing to elevated commodity prices impacting raw material and power & fuel cost. However, on a sequential basis, margins remained sta
Financial Performance Comparison
8.6% 9M FY23 v/s 9M FY22 9.0% Revenue from operations have remained stable to ₹8,781.9 Mn in 9M FY23 from ₹8,085.0 Mn in 9M FY22. EBITDA decreased by 47.4% from ₹1,261.6 Mn in 9M FY22 to ₹663.6 Mn in 9M FY23 and margins contracted from 15.6% in 9M FY22 to 7.5% in 9M FY23. -47.4% PAT stood at ₹311.2 Mn in 9M FY23, compared to ₹735.8 Mn in 9M FY22 recording a decline of 57.7%. -57.7% Investor Presentation January, 2023. 12 Softening of Key Input Costs will Aid our Margins Going Forward g k / ₹ 18.0 17.0 16.0 15.0 14.0 13.0 Historical Rice Price 18.1 18.1 17.9 17.5 17.5 16.4 16.9 17.2 16.6 17.1 16.0 15.4 2 2 - b e F 2 2 - r a M 2 2 - r p A 2 2 - y a M 2 2 - n u J 2 2 - y l u J 2 2 - g u A 2 2 - p e S 2 2 - t c O 2 2 - v o N 2 2 - c e D 3 2 - n a J Historical Maize Price g k / ₹ 29.0 27.0 25.0 23.0 21.0 19.0 17.0 15.0 25.6 21.7 22.2 22.6 23.1 24.1 20.1 23.7 22.1 22.2 21.1 22.1 2 2 - b e F 2 2 - r a M 2 2 - r p A 2 2 - y a M 2 2 - n u J 2 2 - y l u J 2 2 - g u A 2 2 - p e S 2 2 - t c O 2 2
Source
https://in.investing.com/commodities/rough-rice-historical-data?end_date=1673202600&st_date=1641 666600&interval_sec=monthly
Advertisement