GOCL Corporation Limited
340.05
INR
-7.25
(-2.09%)
ISIN
INE077F01035
Return %
Stock
S&P 500
1Y
-4.09
14.20
3Y
-43.79
81.12
5Y
5.65
68.34
Capital Structure
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Ravi Jain
- Full Time Employees
- 61
- Sector
- Process industries
- Industry
- Industrial specialties
- Address
- Urja Heights Hyderabad TS India 500016
- IPO Date
- Nov 8, 2007
- Website
- goclcorp.com
- Similar Companies
- 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.