GOCL Corporation Limited

GOCL Corporation Limited

GOCLCORP.NS
GOCL Corporation LimitedIN flagNational Stock Exchange of India
404.90
INR
+0.85
- -
20.07BMarket Cap
GOCL Corporation Limited
GOCLCORP.NS
(National Stock Exchange of India)

Recent

price

404.90

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
124.5
124.71
127.57
131.36
78.69
97.67
100.22
96.8
106.58
99.9
83.04
99.35
183.94
121.15
3.67
- -
1.97
Revenue per Share
6.43
4.87
-1.58
6.83
8.39
5.43
6.59
6.88
8.18
10
15.88
35.52
42.59
9.73
31.68
- -
306.98
Basic EPS, GAAP
0.83
-3.79
10.44
5.14
-4.12
8.09
3.22
-1.86
4.97
-6.04
-0.09
-14.65
-19.4
4.92
0.19
- -
- -
Free Cash Flow per Basic Share
1.75
2
2.2
4.7
- -
2
1.79
1.6
3.6
2
6
4
3
10
4
- -
- -
Dividend per Share
26.86
5.45
7.39
10.69
24.3
25.13
29.6
34.54
38.76
46.32
113.2
207.03
246.88
246.38
274.02
- -
2
Book Value per Share
51.85
109.87
112.19
113.57
203.11
68.3
104.24
165.5
190.12
183.45
235.03
232.24
283.89
285.9
317.9
- -
633.71
Tangible Book Value per Share
89
99
99
99
50
50
50
50
50
50
50
50
50
50
50
- -
50
Basic Weighted Avg Shares
11,042
12,365
12,648
13,024
3,901
4,842
4,968
4,798
5,283
4,952
4,117
4,925
9,119
6,006
182
98
98
Sales/Revenue/Turnover
4.35
4.75
6.13
8.36
8.56
5.35
4.98
5.8
5.75
2.12
0.7
-0.49
-3.12
-4.86
-164.15
-345.85
-345.85
Operating Margin (%)
189
180
183
182
49
53
55
57
60
72
78
87
105
125
186
64
24
Depreciation Expense
570
482
-156
677
416
269
327
341
406
496
787
1,761
2,112
483
1,570
15,219
15,220
Net Income, GAAP
17.54
19.71
30.03
- -
20.64
30.34
31.13
28.59
24.77
6.03
12.98
7.58
35.79
24.58
26.08
19.31
19.31
Effective Tax Rate (%)
5.16
3.9
-1.24
5.2
10.67
5.56
6.57
7.11
7.68
10.01
19.12
35.76
23.16
8.03
863.23
15,588.77
15,589.26
Profit Margin (%)
666
1,403
1,544
1,697
-580
700
711
754
2,640
1,023
2,044
7,134
11,506
12,582
14,482
30,533
30,533
Working Capital
333
300
17,510
12,542
11,207
9,932
7,336
4,616
1,833
11,402
10,783
14,912
11,227
10,745
10,132
- -
- -
LT Debt
4,658
10,917
11,143
11,270
10,073
3,389
5,172
8,208
9,428
9,096
11,652
11,517
14,095
14,190
15,764
31,429
31,429
Total Equity
5.63
4.49
2.37
- -
1.08
0.93
1.11
1.27
1.49
0.56
0.12
-0.09
-0.62
-0.76
-0.84
-0.9
-0.9
Return on Invested Capital (%)
12.89
15.59
-1.01
- -
5.69
4.64
5.19
5.31
8.1
5.74
7.86
10.53
10.13
5.75
9.53
125.69
125.7
Return on Capital (%)
17.22
33.01
-24.56
75.59
36.75
21.99
24.07
21.45
22.32
23.52
19.91
22.19
18.77
3.95
12.17
222.49
222.5
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
1,665
- -
6
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
50
- -
50
Market Capitalization
17,264
14,582
12,539

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
32,345
- -
33,664
Cash, Cash Equivalents & STI
2,262
- -
2,184
Accounts Receivable, Net
8
- -
10
Inventories
7
- -
10
Total Current Liabilities
6,595
- -
3,131
Payables & Accruals
- -
- -
- -
ST Debt
1,665
- -
6
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
28.31%
26.47%
99.37%
Free Cash Flow
994.95%
2,170.97%
-5,924.83%
Net Income, GAAP
128.67%
232.24%
869.26%
Sales/Revenue/Turnover
-8.65%
-14.53%
-46.33%
Total Cash Common Dividend
52.44%
53%
150%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,972
1,633
1,671
1,743
6,006
2025
38
34
46
63
182
2026
34
22
18
23
98

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.45
3.17
3.12
- -
9.73
2025
7.31
1.1
18.64
4.63
31.68
2026
246.62
2.83
42.42
15.15
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
10
2025
- -
- -
- -
- -
4
2026
- -
- -
- -
- -
- -
Business
GOCL Corporation Limited engages primarily in the manufacture and supply of industrial explosives and related products, mining and infrastructure services, and real estate development. Its core product offerings include detonators, detonating cords, boosters, cast boosters (TNT + PETN), and other explosive accessories primarily used in mining, infrastructure, and underground mining operations. The company also operates in electronics manufacturing services (EMS) catering to OEMs, a metal cladding division for industrial needs, and special projects focused on defense and space applications including specialized pyrotechnics and explosive devices. Additionally, GOCL maintains a real estate vertical managing land banks and commercial property development across key locations. The company operates mainly in India, with some international investments including real estate projects in the UK. GOCL Corporation recently concluded the sale of its subsidiary IDL Explosives Limited to Apollo Defence Industries, marking a significant strategic exit from its explosives business, thereby pivoting towards an increased focus on electronics, real estate, and specialized defense-related products. The company has received government approvals for alternate land use in Hyderabad and is consolidating its explosives and detonators business primarily at its Rourkela facility. It is focusing on diversifying its product portfolio and increasing market share in established and new verticals including electronics manufacturing and real estate development. This strategic reorganization aligns with its vision to leverage its land assets and expand its presence in profitable sectors such as real estate and defense technology solutions. Founded in 1961 and headquartered in Hyderabad, India, GOCL Corporation operates through multiple segments: Energetics, Mining and Infrastructure Contracts, Realty, Lubricating Oils, and Others. Its Energetics division manufactures and markets industrial explosives, detonators, explosive bonded metal clads, and special devices for defense and space agencies. The Mining & Infrastructure Contracts division executes coal, iron ore, limestone, and bauxite mining operations, along with infrastructure projects like underground metro railways and elevated structures. The Realty division focuses on unlocking value from prime land holdings in locations such as Bangalore, Kukatpally, and Bhiwandi. The company also maintains ISO certifications for quality, environmental, and safety standards across its operations. GOCL’s recent operational changes reflect a strategic shift towards technology-driven growth, with planned investments to scale up its electronics vertical targeting industries including automotive, medical, automation, and robotics. The sale of IDL Explosives to Apollo Defence Industries supports this reorientation, allowing GOCL to concentrate on higher-margin businesses while maintaining a strong order book for energetics and infrastructure services. These developments position GOCL Corporation as a diversified industrial company focused on innovation in energetics, defense technologies, electronics manufacturing, and real estate development both in India and select international markets.