- Business
- GOCL Corporation Limited, a Hinduja Group company founded in 1961 and headquartered in Hyderabad, India, manufactures and markets commercial explosives and initiating devices for mining and infrastructure sectors; provides electronics manufacturing services including design, supply and assembly of printed circuit boards; offers metal cladding solutions for industrial applications; develops specialized products for defence and space through its Special Projects Group; and operates a realty business focused on land banks and commercial spaces. The company maintains manufacturing facilities across 30 locations in India with a capacity of 270,000 metric tons of explosives and 192 million initiating devices annually, positioning it as one of the world's largest detonator producers and a major exporter of CE-certified explosives to 21 countries including Southeast Asia, North Africa, the Gulf, Middle East and Southern Europe. Its product portfolio encompasses electronic, electric, non-electric and ordinary detonators; detonating cords and fuses; cast boosters with TNT and PETN; bulk and packaged explosives; mining chemicals and accessories; anti-corrosive coatings; and canopy severance systems for aerospace.
In recent developments, GOCL approved in August 2025 a plan to acquire Hinduja National Power Corporation Limited's 1,040 MW thermal power operations near Visakhapatnam, Andhra Pradesh, marking its entry into power generation following asset monetization efforts; completed monetization of 142 acres out of 264.50 acres of land at Kukatpally, Hyderabad, with the remainder extended to August 2026 via agreement with Squarespace Builders; reported consolidated net profit growth to Rs 928 million for FY25 ended March 2025, up 106.8% from prior year amid revenue expansion at 10.9% CAGR over five years; and enhanced R&D for electronic detonation systems and chip manufacturing to support diversification into new verticals. Geographically, operations span India with national outreach through mother and silo plants, alongside international exports and emerging investment opportunities abroad. The company holds ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018 certifications across facilities, emphasizing safety, environmental compliance and innovation in energetics, electronics and infrastructure services.