GOCL Corporation Ltd-$
- P/E
- 5.7x
- 52-week range
- 223.35 – 461.4
- ROE
- 56%
- ROCE
- 7%
- Sector
- Chemicals & Petrochemicals
- Industry
- Explosives
- Listed on
- NSE, BSE
About
GOCL Corporation Limited is an India-based company, which is engaged in the business of mining and infrastructure services and realty. Its segments include Electronics and Realty. The Company’s portfolio includes Electronics, Real Estate and Special Projects. It also extends its products and expertise in electronics manufacturing services (EMS) for OEMs, Metal Cladding Division (MCD) for industry needs and Special Projects Group (SPG) for defense and space applications. Its subsidiary is HGHL Holdings Limited, which is an investment company. The Special Projects business serves the defense and space sectors apart from the Metal Cladding operations. Major supplies under this segment include canopy severance system (CSS) for aircraft, Explosive Train for Electronic Fuze Guanidinium, Azotetrazolate (GZT).
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Explosives: 5 companies →GOCL Corporation Ltd-$ against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)5.7 against a typical 79.5: cheaper than most peers (1st = cheapest).1st of 5
- Sales growth+100% against a typical +27.8% from a year earlier.1st of 5
- Profit growth+185.7% against a typical +66.7% from a year earlier.1st of 5
- Share price, 3 months−16.3% against a typical +6.4%.5th of 5
Latest announcements
Exchange filings and their impact on the company.
- Q2 continuing profit up 59% YoY and NCLT ordered Nov 24 vote on HNPCL merger.
GOCL reported Q2 FY27 consolidated net profit of Rs 40.5 crore, with continuing profit of Rs 35.4 crore up about 59% from last year on revenue of Rs 4.1 crore, while headline profit is down from last year which had a large land-sale gain. The board also noted the NCLT order of October 8 directing shareholder and unsecured creditor meetings on November 24, 2026 to vote on the merger of Hinduja National Power Corporation into GOCL. The company declared a final dividend of Rs 30 per share totalling Rs 148.7 crore and held Rs 175.3 crore cash with no borrowings at quarter-end.
- NCLT ordered shareholder and creditor votes on merging Hinduja Power into GOCL, moving the transformative power merger a step closer.
GOCL received an NCLT Amaravati order dated October 8, 2026 directing it to hold meetings of equity shareholders and unsecured creditors to consider the merger of Hinduja National Power Corporation into GOCL. This follows its September 25, 2026 intimation about the proposed scheme under Sections 230-232 of the Companies Act. If approved and completed, the merger would transform GOCL from a divested cash shell back into a large operating power company.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A by Infomerics- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Infomerics | IVR A | Stable | 26 Nov 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 26 Nov 2025 | Reaffirmed | IVR A | — | Infomerics | ₹ 1,460 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 19 Oct 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2026 and other business matters |
| 13 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended June 30, 2026 and other business matters |
| 29 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 11 Feb 2026 | Financial Results | To consider and approve the Un-audited Financial Results of the Company for the quarter and nine months ended December 31, 2025 and other Business matters if any |
| 15 Dec 2025 | Other business matters | To consider and approve the Scheme of Merger by Absorption of Hinduja National Power Corporation Limited ( HNPCL ) into GOCL Corporation Limited ( GOCL ) |
| 13 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the second quarter and half year ended September 30, 2025 and other business matters, if any. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 167 | 158 | 4 | 3 | 5 | 3 | 3 | 2 | 2 | 2 | 4 | 4 |
| Expenses | 176 | 168 | 18 | 7 | 12 | 8 | 9 | 9 | 12 | 10 | 10 | 19 |
| Operating Profit | −9 | −11 | −14 | −4 | −7 | −5 | −6 | −7 | −10 | −8 | −5 | −14 |
| OPM % | −5% | −7% | −376% | −116% | −163% | −169% | −177% | −327% | −549% | −348% | −122% | −352% |
| Other Income | 68 | 49 | 106 | 44 | 119 | 61 | 1,264 | 44 | 253 | 109 | 59 | 70 |
| Interest | 37 | 30 | 27 | 27 | 25 | 24 | 26 | 12 | 7 | 4 | 0 | 0 |
| Depreciation | 3 | 2 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 19 | 6 | 64 | 13 | 87 | 31 | 1,232 | 24 | 236 | 97 | 53 | 55 |
| Tax % | 20% | 16% | 43% | 58% | −7% | 26% | 1% | 42% | 11% | 22% | 23% | 26% |
| Net Profit | 15 | 5 | 36 | 5 | 92 | 23 | 1,223 | 14 | 210 | 75 | 40 | 40 |
| EPS in Rs | 3.11 | 1 | 7.31 | 1.1 | 18.64 | 4.66 | 246.62 | 2.83 | 42.42 | 15.16 | 8.15 | 8.17 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −32%
- 5 Years
- −53%
- 3 Years
- −78%
- TTM
- −5%
- 10 Years
- 50%
- 5 Years
- 76%
- 3 Years
- 221%
- TTM
- 136%
- 10 Years
- 0%
- 5 Years
- 1%
- 3 Years
- −15%
- TTM
- —
- 10 Years
- 15%
- 5 Years
- 20%
- 3 Years
- 28%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| GOCL Corporation Ltd-$ | ₹ 320.40 | — | 5.7x | — | 56% | — |
| Asian Paints | ₹ 2,305.00 | ₹ 2,21,095 Cr. | 53.4x | 11.1x | 0% | 0% |
| Solar Industries India | ₹ 18,320.00 | ₹ 1,65,778 Cr. | 114.5x | 32.1x | 0% | 0% |
| Pidilite Industries | ₹ 1,514.00 | ₹ 1,54,107 Cr. | 64.8x | 14.7x | 0% | 0% |
| SRF | ₹ 2,309.00 | ₹ 68,444 Cr. | 38.5x | 5.2x | 0% | 0% |
| Coromandel International | ₹ 1,723.60 | ₹ 50,876 Cr. | 28x | 4.5x | 0% | 0% |
Management
- Ravi Jain
- Chief Financial Officer, Whole-Time Director
- Alladi Satyanarayana
- Compliance Officer, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.