Gulshan Polyols (NSE:GULPOLY) Gross Margin %: 37.81% (As of Mar. 2026) — Near Median

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NSE:GULPOLY Gulshan Polyols Ltd NSE:GULPOLY
85 GF Score
Price ₹180.99
GF Value ₹302.32
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Gulshan Polyols Gross Margin %?

Gulshan Polyols NSE:GULPOLY -0.39% 85 Gross Margin % is 37.81% as of Mar. 2026, which is 8% above its 10-year median of 35.00. GuruFocus rates NSE:GULPOLY with a GF Score™ of 85/100 and a GF Value™ of ₹302.32 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,558 Chemicals companies, Gulshan Polyols ranks better than 73.17% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Gulshan Polyols's Gross Profit for the three months ended in Mar. 2026 was ₹2,083 Mil. Gulshan Polyols's Revenue for the three months ended in Mar. 2026 was ₹5,508 Mil. Therefore, Gulshan Polyols's Gross Margin % for the quarter that ended in Mar. 2026 was 37.81%.

Warning Sign:

Gulshan Polyols Ltd gross margin has been in long-term decline. The average rate of decline per year is -4.1%.


The historical rank and industry rank for Gulshan Polyols's Gross Margin % or its related term are showing as below:

NSE:GULPOLY' s Gross Margin % Range Over the Past 10 Years
Min: 24.23   Med: 35   Max: 39.44
Current: 33.64


During the past 13 years, the highest Gross Margin % of Gulshan Polyols was 39.44%. The lowest was 24.23%. And the median was 35.00%.

NSE:GULPOLY's Gross Margin % is ranked better than
73.17% of 1558 companies
in the Chemicals industry
Industry Median: 23.465 vs NSE:GULPOLY: 33.64

Gulshan Polyols had a gross margin of 37.81% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Gulshan Polyols was -4.10% per year.


Gulshan Polyols  (NSE:GULPOLY) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Gulshan Polyols had a gross margin of 37.81% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Gulshan Polyols Gross Margin % Related Terms


Gulshan Polyols Gross Margin % Historical Data

* Premium members only.

The historical data trend for Gulshan Polyols's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gulshan Polyols Gross Margin % Chart

Gulshan Polyols Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.35 29.23 24.23 30.87 33.64

Gulshan Polyols Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.31 28.75 32.57 35.54 37.81

NSE:GULPOLY vs DOW: Gross Margin % Comparison

For the Chemicals subindustry, Gulshan Polyols's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gulshan Polyols Gross Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gulshan Polyols's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Gulshan Polyols's Gross Margin % falls into.


NSE:GULPOLY
85GF Score
Gulshan Polyols Ltd NSE:GULPOLY
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gulshan Polyols Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Gulshan Polyols's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=7779.7 / 23124.218
=(Revenue - Cost of Goods Sold) / Revenue
=(23124.218 - 15344.489) / 23124.218
=33.64 %

Gulshan Polyols's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=2082.8 / 5508.184
=(Revenue - Cost of Goods Sold) / Revenue
=(5508.184 - 3425.429) / 5508.184
=37.81 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 37.81% mean?
Gulshan Polyols (NSE:GULPOLY) has a Gross Margin % of 37.81% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Gulshan Polyols and its competitors. This is near median its historical median of 35.00. Over the past decade, Gulshan Polyols' Gross Margin % has ranged from 24.23 to 39.44. According to the industry distribution chart, Gulshan Polyols ranks #418 out of 1558 companies in the Chemicals industry, placing it in the top 26.8%.
Is Gulshan Polyols' Gross Margin % too high?
Gulshan Polyols' current Gross Margin % of 37.81% is near median its 10-year median of 35.00. Over the past 10 years, this metric has ranged from a low of 24.23 to a high of 39.44. The Chemicals industry median Gross Margin % is 23.47. Gulshan Polyols' value of 37.81% is 61.1% above this industry median. Based on the distribution chart, Gulshan Polyols ranks #418 out of 1558 companies in the Chemicals industry, which is above the industry midpoint. Overall, Gulshan Polyols has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gulshan Polyols' Gross Margin % compare to DOW?
According to the Chemicals industry distribution chart, Gulshan Polyols ranks #418 out of 1558 companies for Gross Margin %. This puts Gulshan Polyols in the upper half of its industry. The industry median Gross Margin % is 23.47. Gulshan Polyols' value of 37.81% is 61.1% above this benchmark. Historically, Gulshan Polyols' own Gross Margin % has ranged from 24.23 to 39.44 over the past decade. While the company's 10-year median is 35.00 vs. the industry median of 23.47, Gulshan Polyols has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Chemicals company?
The median Gross Margin % among Chemicals companies is 23.47, based on 1,558 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gulshan Polyols's current Gross Margin % of 37.81% is 61.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Gulshan Polyols and its competitors. For the Chemicals industry, the median Gross Margin % is 23.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gulshan Polyols's current Gross Margin % is 37.81%, which is near median its own 10-year median of 35.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulshan Polyols stock overvalued right now?
Based on GuruFocus' analysis, Gulshan Polyols (NSE:GULPOLY) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹302.32, compared to a current price of ₹180.99 — trading 40.1% below its estimated fair value. The current Gross Margin % is 37.81%, which is near median its 10-year median of 35.00 and 61.1% above the Chemicals industry median of 23.47. Gulshan Polyols' overall GF Score™ is 85/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Gulshan Polyols (NSE:GULPOLY), the current Gross Margin % is 37.81% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Gulshan Polyols (NSE:GULPOLY) Overvalued in 2026?

Based on GuruFocus' analysis, Gulshan Polyols stock appears to be undervalued. The current stock price of ₹180.99 is trading 40.1% below its estimated GF Value™ of ₹302.32. GuruFocus considers Gulshan Polyols to be Significantly Undervalued.

Key valuation signals for NSE:GULPOLY:

  • Gross Margin %: 37.81% (near median its 10-year median of 35.00)
  • GF Value™: ₹302.32 vs. price of ₹180.99 (40.1% below fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 61.1% above the Chemicals median (#418 of 1558)

No single metric tells the full story. See the NSE:GULPOLY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gulshan Polyols Business Description

Other Exchanges 532457:India
Address G-81, Preet Vihar, Delhi, IND, 110092
Gulshan Polyols Ltd is a multiproduct manufacturing company. Its business portfolio covers Starch, Starch Sugars, Calcium Carbonate, Alcohol & Ethanol business, Agro-based Animal Feed & On-site PCC plants with production facilities. It caters to a wide range of industry & niche markets in the core sector, encompassing pharmaceuticals, personal care products, footwear, tyres, rubber & plastics, paints, alcohol, value-added paper, agrochemicals, food, and agro products. The company has three segments: mineral processing, grain processing, and Ethanol (Bio-Fuel)/distillery. The majority of its revenue is earned through the Ethanol (Bio-Fuel)/distillery segment. The majority of the revenue is earned through the Indian market, while the company also has a presence in various other countries.
85GF Score

Get the complete analysis for NSE:GULPOLY

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹180.99
Price
₹302.32
GF Value