GULPOLY2024-01-012024-03-31 GULPOLY2024-01-012024-03-31 GULPOLY2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member GULPOLY2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member GULPOLY2024-03-31 GULPOLY2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member GULPOLY2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member GULPOLY2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue03Member GULPOLY2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue04Member GULPOLY2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member GULPOLY2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member GULPOLY2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue03Member GULPOLY2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue04Member GULPOLY2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member GULPOLY2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member GULPOLY2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults03Member GULPOLY2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults04Member GULPOLY2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member GULPOLY2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member GULPOLY2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults03Member GULPOLY2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults04Member GULPOLY2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member GULPOLY2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member GULPOLY2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets03Member GULPOLY2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets04Member GULPOLY2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member GULPOLY2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member GULPOLY2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member GULPOLY2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member GULPOLY2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member GULPOLY2024-03-31in-bse-fin:OneReportableSegmentLiabilities03Member GULPOLY2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities04Member GULPOLY2024-03-31in-bse-fin:OneReportableSegmentLiabilities04Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532457 GULPOLY NOTLISTED Gulshan Polyols Limited Equity 2023-04-01 2024-03-31 2024-05-21 2024-05-11 INR Lakhs Yearly 12:30:00 16:20:00 2024-05-21 2024-05-21 true Cash Flow Indirect Declaration of unmodified opinion Multi segment 2024-01-01 2024-03-31 Audited Standalone 4055914000.00 14172000.00 4070086000.00 2905864000.00 -10369000.00 -223249000.00 81885000.00 35175000.00 87809000.00 1108514000.00 3985629000.00 84457000.00 -2274000.00 82183000.00 0.00 18506000.00 18506000.00 0.00 63677000.00 0.00 0.00 0.00 0.00 63677000.00 5405000.00 69082000.00 0.00 0.00 62371000.00 1 1.02 1.02 0.00 0.00 1.02 1.02 1. The above Standalone Audited Financial Results have been reviewed and recommended by the Audit committee and approved by the Board of Directors in their respective meetings held on May 21, 2024. These Results have been subjected to Audit by the Statutory Auditors as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and they have expressed an unmodified opinion on the aforesaid Results. 2. The above Standalone Audited Financial Results has been prepared in accordance with Indian Accounting Standards (‘IND AS') prescribed under Section 133 of the Companies Act, 2013 read together with the Companies (Indian Accounting Standards) Rules, 2015 (as amended) and other recognised accounting practices and policies to the extent applicable. 3. Earnings per share have been restated for all comparative periods / years presented as per IND - AS 33 due to allotment of bonus shares by the Company in the ratio of one equity share of Re. 1 each for every five equity shares of Re. 1 each on June 23, 2023. 4. The Board of Directors has recommended the Final Dividend @ 30% of amounting Rs. 0.30/- per equity share in their meeting held today on May 21, 2024 subject to the approval of the shareholders in ensuing Annual General Meeting of the Company. 5. The Board, on July 21, 2021, based on the recommendation of the Nomination, Remuneration and Compensation Committee, had granted Options under GPL Employees Stock Option Scheme - 2018 to selective employees, which due for vesting during the period from 1st April 2024 to 31st May 2024 at the exercise rate of Rs. 137.00 per share (based on the Average Buying cost of the Company from the BSE/NSE market). 6. Figures for the quarter ended March 31, 2024 and the corresponding quarter ended in the previous year as reported in these financial results are the balancing figures between audited figures in respect of the full financial year and the published year to date figures upto the end of the third quarter of the relevant financial year. Also the figures upto the end of the third quarter had only been reviewed and not subjected to audit. 7. With effect from April 01, 2023, the Company has adopted Unit of Production method for calculating Depreciation instead of W.D.V method in case of fructose unit at muzaffarnagar, U.P. 8. Provision towards Impairment in Value of Investment in Subsidiary during the Quarter ended 31.03.2024, have been booked and recorded as an exceptional item in the financial statements. 9. Figures for the previous period have been regrouped/ rearranged wherever necessary to make them comparable with current figure. 10. The Standalone Audited Financial Results of Gulshan Polyols Limited for the above mentioned period are available on our website, www.gulshanindia.com and on the Stock Exchange website i.e www.nseindia.com and www.bseindia.com. Multi segment 2023-04-01 2024-03-31 Audited Standalone 13779758000.00 122065000.00 13901823000.00 9145438000.00 25226000.00 -335644000.00 319683000.00 100877000.00 323693000.00 4043453000.00 13622726000.00 279097000.00 -2274000.00 276823000.00 0.00 100414000.00 100414000.00 0.00 176409000.00 0.00 0.00 0.00 0.00 176409000.00 8086000.00 184495000.00 0.00 0.00 62371000.00 1 5841533000.00 2.83 2.83 0.00 0.00 2.83 2.83 Other Expenses 1108514000.00 Other Expenses 4043453000.00 5182453000.00 1823607000.00 27060000.00 0.00 478000.00 0.00 0.00 0.00 30172000.00 0.00 0.00 140543000.00 170715000.00 0.00 24526000.00 7228839000.00 1504023000.00 120832000.00 1669152000.00 6808000.00 88335000.00 0.00 0.00 1885127000.00 53903000.00 893220000.00 4336273000.00 0.00 0.00 11565112000.00 62371000.00 5841533000.00 5903904000.00 5903904000.00 2281978000.00 0.00 43871000.00 2325849000.00 5232000.00 238819000.00 0.00 0.00 2569900000.00 1206741000.00 1265056000.00 297079000.00 2768876000.00 322432000.00 0.00 0.00 0.00 3091308000.00 5661208000.00 11565112000.00 Ethanol(Bio-Fuel)/Distillery 1833982000.00 Grain Processing 1958336000.00 Mineral Processing 263596000.00 Unallocated 0.00 Ethanol(Bio-Fuel)/Distillery 4933006000.00 Grain Processing 7851474000.00 Mineral Processing 995278000.00 Unallocated 0.00 4055914000.00 13779758000.00 4055914000.00 13779758000.00 Ethanol(Bio-Fuel)/Distillery 110547000.00 Grain Processing -38240000.00 Mineral Processing 49650000.00 Unallocated -2324000.00 Ethanol(Bio-Fuel)/Distillery 157955000.00 Grain Processing -63349000.00 Mineral Processing 182949000.00 Unallocated 102420000.00 119633000.00 379975000.00 35175000.00 100877000.00 2274000.00 2274000.00 82184000.00 276824000.00 Ethanol(Bio-Fuel)/Distillery 7321021000.00 Grain Processing 3440501000.00 Mineral Processing 523145000.00 Unallocated 280445000.00 11565112000.00 Ethanol(Bio-Fuel)/Distillery 4333082000.00 Grain Processing 910660000.00 Mineral Processing 160633000.00 Unallocated 256834000.00 5661209000.00 100877000.00 69697000.00 -252812000.00 0.00 -95128000.00 0.00 0.00 0.00 0.00 283600000.00 0.00 142076000.00 0.00 323693000.00 0.00 0.00 -1083000.00 0.00 0.00 0.00 69000.00 5687000.00 0.00 -20832000.00 0.00 0.00 -95453000.00 0.00 0.00 448879000.00 725702000.00 0.00 0.00 0.00 63214000.00 0.00 662488000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2504000.00 1792056000.00 200889000.00 0.00 0.00 0.00 0.00 0.00 0.00 19000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 69000.00 5687000.00 0.00 0.00 0.00 -1582926000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1009051000.00 0.00 0.00 4358000.00 31186000.00 97230000.00 0.00 0.00 876277000.00 -44161000.00 0.00 -44161000.00 50969000.00 6808000.00 7245000.00 9419000.00 1840000.00 1333000.00