Gocl Corporation Limited
NSE: GOCLCORP · Explosives · sector
Key numbers
Last 12 months to Sep 2026, Consolidated. "Sector median" = middle value of 5 companies in Explosives (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹114 cr vs borrowings ₹1 cr (FY26): cash is higher (net cash).
- Borrowings fell in each of the last 3 years (₹1,767 cr → ₹1 cr).
- Operating profit covered interest 34.6x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 5 of the last 5 years (FY26, FY25, FY24, FY23, FY22).
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 109% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹315.65 on 2026-10-26: -31.6% from the 52-week high, +41.3% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 138 | 140 | 3 | 2 | 2 | 2 | 4 | 4 |
| EBITDA | -50 | 3 | 6 | -8 | -6 | -10 | -2 | -12 |
| OPM % | -36.4% | 2.2% | 182.9% | -372.1% | -335.7% | -438.6% | -40.3% | -292.0% |
| Other income | 190 | 53 | 83 | 53 | 203 | 76 | 59 | 63 |
| Net profit | 92 | 23 | 1,223 | 14 | 210 | 75 | 40 | 40 |
| EPS (₹) | 18.64 | 4.67 | 246.62 | 2.83 | 42.42 | 15.15 | 8.15 | 8.17 |
| Revenue YoY | -98.7% | -98.3% | +26.5% | +85.1% | ||||
| Profit YoY | +127.6% | +225.0% | -96.7% | +188.7% |
Consolidated figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 498 | 921 | 714 | 555 | 10 | 13 |
| EBITDA | 132 | -31 | -13 | -37 | -18 | -30 |
| Net profit | 176 | 211 | 48 | 157 | 1,522 | 366 |
| EPS (₹) | 35.52 | 42.59 | 9.73 | 31.71 | 307.01 | 73.89 |
| Revenue growth | +84.8% | -22.5% | -22.3% | -98.2% | -95.6% | |
| Profit growth | +19.9% | -77.1% | +225.8% | +868.1% | -72.9% | |
| Dividend / share (₹) | 4.00 | 3.00 | 5.00 | 4.00 | 10.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -78.0% | -52.8% | -95.6% |
| Net profit | +93.2% | +80.8% | -72.9% |
| EPS | +93.2% | +80.8% | – |
| Share price | – | -8.9% (2y) | -2.0% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 1,410 | 1,419 | 1,576 | 3,143 |
| Borrowings | – | 1,767 | 1,188 | 1,115 | 1 |
| Cash & equivalents | – | 128 | 90 | 233 | 114 |
| Total assets | – | 3,504 | 2,900 | 3,109 | 3,555 |
| Fixed assets | – | 93 | 79 | 59 | 17 |
| Capital work in progress | – | 1 | 13 | 20 | 1 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 89 | 78 | 39 | 1 |
| Inventory | – | 204 | 65 | 34 | 1 |
| Payables | – | 182 | 57 | 82 | 31 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -62 | -77 | 40 | 16 | -34 |
| Cash from investing | -322 | 173 | 734 | 222 | 1,082 |
| Cash from financing | 387 | -90 | -800 | -230 | -1,046 |
| Capex | 11 | 20 | 16 | 15 | 21 |
| Free cash flow | -73 | -96 | 24 | 1 | -54 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 15.0% | 3.4% | 10.0% | 48.4% |
| ROCE % | – | 14.1% | 8.1% | 9.1% | 12.6% |
| Debtor days | – | 35 | 40 | 26 | 37 |
| Inventory days | – | 102 | 43 | 27 | 260 |
| Payable days | – | 91 | 38 | 66 | 8,282 |
| Cash conversion cycle (days) | – | 46 | 45 | -13 | -7,985 |
| Working capital days | – | 456 | 634 | 1,035 | 1,14,150 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 67.82% |
| FIIs | 5.11% |
| DIIs | 1.45% |
| of which Mutual funds | 0.00% |
| of which Insurance | 1.24% |
| Government | 0.30% |
| Public (non-institutions) | 25.32% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 72.82% | 72.82% | 72.82% | 67.82% | 67.82% | 67.82% | 67.82% | 67.82% |
| Promoter group | % |
|---|---|
| Hinduja Capital Limited | 67.82% |
| Public holders above 1% | % |
|---|---|
| Legends Global Opportunities (Singapore) PTE. Ltd. | 1.77% |
| North Star Opportunities Fund Vcc-bull Value Incor | 1.61% |
| Eminence Global Fund PCC- Eubilia Capital Partners | 1.61% |
| The NEW India Assurance Company Limited | 1.17% |
39,312 shareholders. Pledged: 0.00% of promoter shares.
Peers in Explosives
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SOLARINDS | ₹1,69,081 cr | 84.9x | 26.9x | 37.4% | 37.9% | 27.3% | +12.4% | 0.07% |
| PREMEXPLN | ₹3,400 cr | 101.3x | 11.8x | 12.5% | 15.2% | 6.4% | +24.3% | 0.08% |
| GOCLCORP | ₹1,565 cr | 4.3x | 0.5x | 12.5% | 12.0% | -239.6% | -78.0% | 3.17% |
| KELENRG | ₹1,263 cr | 44.3x | 8.3x | 20.6% | 19.6% | 7.9% | -1.9% | – |
| BEEZAASAN | ₹1,026 cr | 66.9x | 7.3x | 11.8% | 13.7% | 9.8% | – | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Discontinued Operation | ₹1,754 cr | 80.5% | ₹1,480 cr | 84.4% |
| Unallocable income | ₹378 cr | 17.3% | ₹0 cr | 0.0% |
| Realty | ₹44 cr | 2.0% | ₹33 cr | 74.6% |
| Electronics Manufacturing Services | ₹3 cr | 0.1% | ₹-3 cr | -86.0% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-22 | Dividend | Dividend - Rs 30 Per Share |
| 2025-07-25 | Dividend | Dividend - Rs 10 Per Share |
| 2024-09-17 | Dividend | Annual General Meeting/Dividend - Rs 4 Per Share |
| 2023-09-14 | Dividend | Annual General Meeting/Dividend - Rs 5 Per Share/Special Dividend - Rs 5 Per Share |
| 2022-07-18 | Dividend | Annual General Meeting/Dividend - Rs 3 Per Share |
| 2021-09-23 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Share |
| 2021-08-20 | Dividend | Special Dividend - Rs 2 Per Share |
| 2020-11-25 | Dividend | Interim Dividend - Rs 4 Per Share |
| 2020-09-10 | Dividend | Annual General Meeting/Dividend - Rs 2 Per Sh |
| 2019-10-14 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2019-09-09 | Other | Annual General Meeting |
| 2019-04-08 | Dividend | Interim Dividend - Rs 2 Per Share |
| 2018-09-18 | Other | Annual General Meeting |
| 2018-04-05 | Dividend | Interim Dividend - Rs 1.60 Per Share |
| 2017-08-21 | Dividend | Annual General Meeting/Dividend - Rs 1.60 Per Share |
| 2016-09-14 | Dividend | Annual General Meeting/Dividend - Rs 1.50 Per Share |
| 2015-09-15 | Dividend | Annual General Meeting/ Dividend - Rs 2/- Per Share |
| 2014-09-19 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Electronics Manufacturing Services (EMS)
- Manufacturing: Real Estates activities with own or Leases property
- Discontinued Operations: Others
| Sector | Commodities |
| Industry | Explosives |
| Sub-industry | Explosives |
| Symbol | GOCLCORP |
| BSE code | 506480 |
| ISIN | INE077F01035 |
| Face value | ₹2.0 |
| Incorporated | 1961-04-20 |
| Website | www.goclcorp.com |
| Plants (India / abroad) | 1 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.