GOCLCORPCommodities

GOCL Corporation Limited

Explosives · ISIN INE077F01035 · BSE 506480 · NSE EQ · FV ₹2
Last price
₹456
+6.48%today
What this company does

GOCL Corporation Limited operates in Explosives, part of the Commodities sector. It booked ₹4 cr of revenue in its latest quarter (Q1 FY27) and kept 942.8% of sales as profit. It is the 3rd largest of 3 Explosives companies we track, by market value.

Annual Report 2024-25 People at the heart of value delivery The year marked a phase of transition in our corporate journey and our teams acted as a catalyst of that transformation.
In the report:
63out of 100
Equitytale Health Score
Mixed

Healthier than 63% of companies in Commodities, on all six measures of filed financials. Each measure is ranked against the 91–173 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
68

At close. Not part of the score.

Profitability & returns44

How much profit it earns on the money it employs

Balance sheet97

How much it owes, and whether earnings cover the interest

Cash quality28

Whether reported profit actually arrives as cash

Growth & consistency59

Whether sales and profit have grown, and how steadily

Valuation65

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
A mixed picture
Strengths
Makes a profit
Strong 943% net margin
Sales up 26% vs last year
Promoters hold 68%
No promoter shares pledged
Virtually debt-free
Watch-outs
! Profit down 97% vs last year
! Low 5.1% return on equity
! Operating cash flow is negative

What if I invest in GOCLCORP?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹456 +6.48%
latest close · 2026-09-17
1-year return
+82.6%
52-wk low ₹21352-wk high ₹459
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio12.9Low
LowAverageHigh
P/B ratio0.72Below book
Below bookModerateHigh
EV / EBITDA9.9Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity5.1%Weak
WeakFairStrong ▸15%
Return on capital6.9%Weak
WeakFairStrong
Net margin942.8%Strong
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover15,624.1×Strong
RiskyOkayStrong ▸5×
Current ratio10.75Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹2,261 cr
Book value
₹634
EPS
₹8.85
latest quarter
Net debt
₹-7 cr
more cash than debt
Enterprise value
₹2,255 cr
EBITDA
₹228 cr
annualised
EBIT
₹225 cr
annualised
Operating margin
Return on assets
4.5%
Earnings yield
7.76%
P/S
131.93
Sales / share
₹3.5
Tax rate
22.0%
Face value
₹2
Shares
5.0 cr
Working capital
₹3,053 cr
Current assets
₹3,366 cr
Current liabilities
₹313 cr
Delivery %
49.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹583₹1,052, midpoint ₹818

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹4 cr
Other Income₹59 cr
Total Income₹63 cr
Cost of Materials₹95.2 L
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹32 L
Employee Benefit Expense₹3 cr
Finance Costs₹0.36 L
Depreciation & Amortisation₹86.4 L
Other Expenses₹5 cr
Total Expenses₹10 cr
Exceptional Items₹4 cr
Profit before Tax₹56 cr
Tax Expense₹12 cr
Net Profit₹40 cr
Net margin on total income64.0%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹1 cr2.0%
Employee benefit expense₹3 cr4.5%
Finance costs₹0.36 L0.0%
Depreciation & amortisation₹86.4 L1.4%
Other expenses₹5 cr8.6%
Tax expense₹12 cr19.6%
Profit for the period₹40 cr63.9%
Total income ₹63 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue2 cr2 cr4 cr
Total income205 cr79 cr63 cr
Expenses19 cr15 cr10 cr
Profit before tax190 cr61 cr56 cr
Tax26 cr22 cr12 cr
Net profit (owners' share)210 cr75 cr40 cr
Net margin (owners' share, on revenue)942.8%
EPS (₹)33.018.058.85
YoY (latest quarter): total income -27.0% · net profit -96.7%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹3,555 cr
Shareholder equity
₹3,143 cr
parent shareholders
Total debt
₹61.5 L
Cash
₹7 cr
Cash flow · H1 FY26
Operating
₹-22 cr
Investing
₹981 cr
Financing
₹-965 cr
Peer comparison
Explosives · by market value
CompanyPriceMarket capP/E
Solar Industries India Limited₹18,815₹1.70 L cr65.2
Premier Explosives Limited₹668₹3,592 cr293.0
GOCL Corporation Limitedthis company₹456₹2,261 cr12.9
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹10
ex 25 Jul 2025
ActionDetailEx-date
Dividend₹10 / share25 Jul 2025
Dividend₹4 / share17 Sep 2024
Dividend₹5 / share14 Sep 2023
Dividend₹3 / share18 Jul 2022
Dividend₹2 / share23 Sep 2021
Dividend₹2 / share20 Aug 2021
Who owns it · 2026-06-30
No pledge
Promoter
67.8%
FII / Foreign
5.3%
DII / Domestic
1.4%
Retail / others
25.5%
Promoter stake down 6.0% over the last 12 quarters.
Smart-money activity
Insider trades
SoldHINDUJA CAPITAL LIMITED · Promoters24.79 L · ₹96.2 cr22 Aug 25
SoldHINDUJA CAPITAL LIMITED · Promoters24.79 L · ₹96.2 cr22 Aug 25
BoughtS. Pramanik · Director1,000 · ₹2.0 L21 Sep 20
Bulk / block deals
BoughtNK SECURITIES RESEARCH PRIVATE LIMITED · NSE3.35 L @ ₹434.043 Sep 26
SoldNK SECURITIES RESEARCH PRIVATE LIMITED · NSE3.35 L @ ₹434.373 Sep 26
SoldNK SECURITIES RESEARCH PRIVATE LIMITED · NSE3.50 L @ ₹284.2225 Mar 26
Stake changes
SoldHinduja Capital Limited · promoter→ 67.82% · 24.79 L22 Aug 25
SoldHinduja Capital Limited · promoter→ 67.82% · 24.79 L22 Aug 25
SoldHinduja Capital Limited · promoter→ 72.82% · 5.00 L21 Feb 24
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 12 Nov 2025
See the official result
1
Shifting of the Registered Office of the Company from the State of Telangana to the State of Andhra Pradesh and consequential amendment to the Memorandum of Association of the Company
Backed by 100% of shareholders other than promotersneeded 75%
3.34 L votes for, 708 against · 0% of mutual funds and other big investors said no
2
Amendments to the Memorandum of Association of the Company.
Backed by 100% of shareholders other than promotersneeded 75%
3.34 L votes for, 708 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 1 named members
owning 67.8% between them · as of 2026-06-30
HINDUJA CAPITAL LIMITED67.82%
Business done with them
FY2025 · 1 of the group
The company paid ₹14 cr to companies in the promoter group last year — about 2.6% of its ₹555 cr revenue.
Hinduja Capital Limited
Other payments to them · Dividend paid on equity shares
also owns 67.82% of the company
₹14 cr
company paid

The company also transacted with 4 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.