GOCLCORPCommodities

GOCL Corporation Limited

Explosives · ISIN INE077F01035 · BSE 506480 · NSE EQ · FV ₹2
Last price
₹326
+2.74%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 (Q2 FY27) and kept 986.3% 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:
65out of 100
Equitytale Health Score
Solid

Healthier than 65% of companies in Commodities, on all six measures of filed financials. Each measure is ranked against the 91–176 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)
35

At close. Not part of the score.

Profitability & returns46

How much profit it earns on the money it employs

Balance sheet99

How much it owes, and whether earnings cover the interest · highest in its sector on what we could measure

Cash quality28

Whether reported profit actually arrives as cash

Growth & consistency59

Whether sales and profit have grown, and how steadily

Valuation68

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 986% net margin
✓ Sales up 85% vs last year
✓ Profit up 189% vs last year
✓ Promoters hold 68%
✓ No promoter shares pledged
✓ Virtually debt-free
✓ Turns profit into real cash
Watch-outs
! Low 5.3% return on equity

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 We do not publish price targets or predict returns.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
₹326▲ +2.74%
latest close · 2026-11-04
1-year return
-10.4%
52-wk low ₹21352-wk high ₹461
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 ratio11.4Low
LowAverageHigh
P/B ratio0.53Below book
Below bookModerateHigh
EV / EBITDA7.1Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity5.3%Weak
WeakFairStrong ▸15%
Return on capital6.1%Weak
WeakFairStrong
Net margin986.3%Strong
ThinDecentStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover3,433.2×Strong
RiskyOkayStrong ▸5×
Current ratio7.65Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹1,618 cr
Book value
₹619
EPS
₹7.13
latest quarter
Net debt
₹-175 cr
more cash than debt
Enterprise value
₹1,443 cr
EBITDA
₹203 cr
annualised
EBIT
₹199 cr
annualised
Operating margin
—
Return on assets
4.3%
Earnings yield
8.74%
P/S
98.53
Sales / share
₹3.3
Tax rate
29.0%
Face value
₹2
Shares
5.0 cr
Working capital
₹3,098 cr
Current assets
₹3,564 cr
Current liabilities
₹466 cr
Delivery %
43.4%
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 2026-11-04.

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 ₹576–₹1,028, midpoint ₹802

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 · Q2 FY27 (consolidated)
Revenue from Operations₹4 cr
Other Income₹63 cr
Total Income₹67 cr
Cost of Materials₹1 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹31.7 L
Employee Benefit Expense₹3 cr
Finance Costs₹1.5 L
Depreciation & Amortisation₹87 L
Other Expenses₹13 cr
Total Expenses₹19 cr
Exceptional Items₹2 cr
Profit before Tax₹50 cr
Tax Expense₹14 cr
Net Profit₹41 cr
Net margin on total income60.7%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹2 cr2.4%
Employee benefit expense₹3 cr4.6%
Finance costs₹1.5 L0.0%
Depreciation & amortisation₹87 L1.2%
Other expenses₹13 cr18.0%
Tax expense₹14 cr19.4%
Profit for the period₹41 cr54.5%
Total income ₹67 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue2 cr4 cr4 cr
Total income79 cr63 cr67 cr
Expenses15 cr10 cr19 cr
Profit before tax61 cr56 cr50 cr
Tax22 cr12 cr14 cr
Net profit (owners' share)75 cr40 cr41 cr
Net margin (owners' share, on revenue)—942.8%986.3%
EPS (₹)8.058.857.13
YoY (latest quarter): total income +19.9% · net profit +188.7%
Balance sheet & cash flow · as of Sep 2026
Debt-free
Total assets
₹3,752 cr
Shareholder equity
₹3,071 cr
parent shareholders
Total debt
₹0 cr
Cash
₹175 cr
Cash flow · H1 FY27
Operating
₹29 cr
Investing
₹140 cr
Financing
₹-63.9 L
Peer comparison
Explosives · by market value
CompanyPriceMarket capP/E
Solar Industries India Limited₹19,654₹1.78 L cr72.1
Premier Explosives Limited₹532₹2,862 cr233.5
GOCL Corporation Limitedthis company₹318₹1,575 cr11.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
9.19%
trailing 12 months
Dividend / share (TTM)
₹30
Last dividend
₹30
ex 22 Sep 2026
ActionDetailEx-date
Dividend₹30 / share22 Sep 2026
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
Who owns it · 2026-09-30
No pledge
Promoter
67.8%
FII / Foreign
5.1%
DII / Domestic
1.4%
Retail / others
25.6%
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.

Yearly shareholder meeting · 29 Sep 2026
See the official result
1
To receive, consider and adopt the audited Standalone Financial Statements of the Company for the financial year ended March 31, 2026
Backed by 100% of shareholders other than promotersneeded 50%
13.03 L votes for, 70 against · 0% of mutual funds and other big investors said no
2
To receive, consider and adopt the audited Consolidated Financial Statements of the Company for the financial year ended March 31, 2025
Backed by 100% of shareholders other than promotersneeded 50%
13.03 L votes for, 69 against · 0% of mutual funds and other big investors said no
3
To declare the Dividend for the financial year 2025-26
Backed by 100% of shareholders other than promotersneeded 50%
13.03 L votes for, 68 against · 0% of mutual funds and other big investors said no
4
Re-appointment of Mr. M. Vasudev Rao (DIN: 00042884), as a Director liable to retire by rotation
Backed by 100% of shareholders other than promotersneeded 50%
13.03 L votes for, 86 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 2026-09-30
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.