Gulshan Polyols targets ₹5,000 cr revenue within four years

Gulshan Polyols is leaning into a multi-year growth plan, committing ₹500 crore to a new specialty chemicals facility in Madhya Pradesh. During its May 22 investor call, management set a firm target to reach ₹5,000 crore in annual revenue within four years. For the immediate future, FY27 guidance sits between ₹2,600 crore and ₹2,800 crore, with management expecting EBITDA margins to settle between 10% and 12%. Profitability projections are narrower, with PAT margins expected at 5-6%. The company is essentially using this capex to diversify its portfolio, yet the success of these ambitious revenue targets relies heavily on how quickly the new capacity ramps up and finds its market. The next test is how efficiently the company deploys its capital toward the new site.