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Gulshan PolyolsNSE:GULPOLY +1.11%87 ROE % is 20.90% as of Mar. 2026, which is 166% above its 10-year median of 7.87. GuruFocus rates NSE:GULPOLY with a GF Score™ of 87/100 and a GF Value™ of ₹301.86 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,583 Chemicals companies, Gulshan Polyols ranks better than 88.63% on this metric.
The historical rank and industry rank for Gulshan Polyols's ROE % or its related term are showing as below:
NSE:GULPOLY'
s ROE % Range Over the Past 10 Years
Min: 3.05 Med: 7.87 Max: 18.7
Current: 16.33
During the past 13 years, Gulshan Polyols's highest ROE % was 18.70%. The lowest was 3.05%. And the median was 7.87%.
NSE:GULPOLY's ROE % is ranked better than 88.63% of 1583
companies
in the Chemicals industry
Industry Median: 5.24
vs NSE:GULPOLY: 16.33
Gulshan Polyols (NSE:GULPOLY) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Gulshan Polyols ROE % Related Terms
Gulshan Polyols ROE % Historical Data
* Premium members only.
The historical data trend for Gulshan Polyols's ROE % 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.
For the Chemicals subindustry, Gulshan Polyols's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Gulshan Polyols's ROE % distribution charts can be found below:
* The bar in red indicates where Gulshan Polyols's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Gulshan Polyols (NSE:GULPOLY) has a ROE % of 20.90% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Gulshan Polyols and its competitors. This is 166% above median its historical median of 7.87. Over the past decade, Gulshan Polyols' ROE % has ranged from 3.05 to 18.70. According to the industry distribution chart, Gulshan Polyols ranks #180 out of 1583 companies in the Chemicals industry, placing it in the top 11.4%.
Is Gulshan Polyols' ROE % too high?
Gulshan Polyols' current ROE % of 20.90% is 166% above median its 10-year median of 7.87. Over the past 10 years, this metric has ranged from a low of 3.05 to a high of 18.70. The Chemicals industry median ROE % is 5.24. Gulshan Polyols' value of 20.90% is 298.9% above this industry median. Based on the distribution chart, Gulshan Polyols ranks #180 out of 1583 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Gulshan Polyols has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gulshan Polyols' ROE % compare to DOW?
According to the Chemicals industry distribution chart, Gulshan Polyols ranks #180 out of 1583 companies for ROE %. This places Gulshan Polyols in the top 11% of its industry — outperforming the majority of peers. The industry median ROE % is 5.24. Gulshan Polyols' value of 20.90% is 298.9% above this benchmark. Historically, Gulshan Polyols' own ROE % has ranged from 3.05 to 18.70 over the past decade. While the company's 10-year median is 7.87 vs. the industry median of 5.24, 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 ROE % for a Chemicals company?
The median ROE % among Chemicals companies is 5.24, based on 1,583 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gulshan Polyols's current ROE % of 20.90% is 298.9% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Gulshan Polyols and its competitors. For the Chemicals industry, the median ROE % is 5.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gulshan Polyols's current ROE % is 20.90%, which is 166% above median its own 10-year median of 7.87. 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 ₹301.86, compared to a current price of ₹192.17 — trading 36.3% below its estimated fair value. The current ROE % is 20.90%, which is 166% above median its 10-year median of 7.87 and 298.9% above the Chemicals industry median of 5.24. Gulshan Polyols' overall GF Score™ is 87/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Gulshan Polyols (NSE:GULPOLY), the current ROE % is 20.90% 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 ₹192.17 is trading 36.3% below its estimated GF Value™ of ₹301.86.
GuruFocus considers Gulshan Polyols to be Significantly Undervalued.
Key valuation signals for NSE:GULPOLY:
ROE %: 20.90% (166% above median its 10-year median of 7.87)
GF Value™: ₹301.86 vs. price of ₹192.17 (36.3% below fair value)
Industry Position: 298.9% above the Chemicals median (#180 of 1583)
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 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.
87GF Score
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