GOCL Corporation Ltd
GOCL Corporation Ltd is engaged in the business of Energetics, Mining & Infrastructure Services and Realty.[1]
It is a part of Hinduja Group which has presence across various industries such as Automotive, information technology, media, entertainment & communications, infrastructure project, development, oil & specialty chemicals, power, real estate and healthcare. The group employees 200,000 people around the world.[2]
- Market Cap ₹ 1,508 Cr.
- Current Price ₹ 304
- High / Low ₹ 517 / 245
- Stock P/E 14.7
- Book Value ₹ 157
- Dividend Yield 1.32 %
- ROCE 19.1 %
- ROE 14.5 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 113% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 33.0%
Cons
- The company has delivered a poor sales growth of -31.2% over past five years.
- Company has a low return on equity of 10.1% over last 3 years.
- Contingent liabilities of Rs.1,729 Cr.
- Earnings include an other income of Rs.230 Cr.
- Working capital days have increased from 6,866 days to 18,542 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Commodities Chemicals Chemicals & Petrochemicals Explosives
Part of BSE SmallCap BSE Allcap BSE Commodities
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
886 | 109 | 102 | 100 | 88 | 99 | 96 | 98 | 121 | 175 | 120 | 15 | |
836 | 98 | 97 | 107 | 93 | 106 | 102 | 102 | 122 | 169 | 126 | 44 | |
Operating Profit | 49 | 11 | 5 | -6 | -5 | -7 | -6 | -4 | -1 | 6 | -6 | -29 |
OPM % | 6% | 10% | 5% | -6% | -6% | -8% | -6% | -4% | -0% | 4% | -5% | -194% |
78 | 34 | 23 | 37 | 37 | 40 | 14 | 65 | 64 | 356 | 69 | 230 | |
Interest | 34 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 1 | 1 | 1 |
Depreciation | 14 | 1 | 2 | 2 | 2 | 2 | 3 | 3 | 4 | 5 | 6 | 2 |
Profit before tax | 79 | 42 | 26 | 28 | 29 | 29 | 3 | 56 | 58 | 356 | 56 | 198 |
Tax % | 26% | 27% | 32% | 24% | 20% | 3% | 25% | 12% | 18% | 35% | 26% | 16% |
58 | 31 | 18 | 21 | 23 | 28 | 2 | 49 | 48 | 233 | 41 | 167 | |
EPS in Rs | 5.89 | 6.19 | 3.55 | 4.25 | 4.62 | 5.62 | 0.47 | 9.89 | 9.62 | 46.97 | 8.32 | 33.64 |
Dividend Payout % | 42% | 32% | 42% | 38% | 35% | 36% | 854% | 61% | 52% | 21% | 48% | 30% |
Compounded Sales Growth | |
---|---|
10 Years: | -18% |
5 Years: | -31% |
3 Years: | -50% |
TTM: | -88% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 113% |
3 Years: | 29% |
TTM: | 137% |
Stock Price CAGR | |
---|---|
10 Years: | 8% |
5 Years: | 15% |
3 Years: | 5% |
1 Year: | -20% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 11% |
3 Years: | 10% |
Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 20 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
Reserves | 1,114 | 998 | 1,007 | 359 | 366 | 376 | 366 | 385 | 413 | 629 | 621 | 768 |
179 | 10 | 4 | 0 | 10 | 5 | 5 | 3 | 3 | 0 | 1 | 0 | |
260 | 135 | 124 | 146 | 128 | 134 | 175 | 177 | 415 | 186 | 269 | 356 | |
Total Liabilities | 1,573 | 1,153 | 1,145 | 515 | 514 | 525 | 556 | 576 | 841 | 825 | 900 | 1,134 |
966 | 947 | 948 | 311 | 310 | 314 | 320 | 321 | 181 | 257 | 140 | 115 | |
CWIP | 36 | 13 | 13 | 13 | 14 | 13 | 13 | 12 | 1 | 1 | 2 | 3 |
Investments | 27 | 26 | 26 | 38 | 35 | 36 | 36 | 37 | 80 | 38 | 40 | 40 |
544 | 166 | 159 | 152 | 155 | 162 | 188 | 205 | 580 | 529 | 718 | 975 | |
Total Assets | 1,573 | 1,153 | 1,145 | 515 | 514 | 525 | 556 | 576 | 841 | 825 | 900 | 1,134 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
47 | -4 | 18 | 3 | -5 | 15 | 7 | 31 | 8 | -75 | 1 | -28 | |
148 | -14 | 9 | 1 | 2 | 8 | 10 | 5 | 12 | 97 | 46 | 50 | |
-192 | -4 | -19 | -13 | -0 | -24 | -14 | -34 | -22 | -19 | -49 | -22 | |
Net Cash Flow | 3 | -23 | 7 | -9 | -3 | -1 | 2 | 2 | -1 | 4 | -2 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 61 | 116 | 86 | 96 | 69 | 77 | 66 | 72 | 53 | 49 | 65 | 51 |
Inventory Days | 149 | 747 | 949 | 178 | 231 | 200 | 186 | 242 | 275 | 152 | 204 | 26 |
Days Payable | 86 | 315 | 326 | 213 | 187 | 209 | 212 | 311 | 270 | 156 | 167 | 619 |
Cash Conversion Cycle | 124 | 549 | 710 | 61 | 113 | 68 | 40 | 3 | 59 | 45 | 101 | -542 |
Working Capital Days | 103 | 191 | 189 | 82 | 125 | 64 | 78 | 27 | 499 | 729 | 1,327 | 18,542 |
ROCE % | 8% | 3% | 2% | 3% | 7% | 6% | 1% | 15% | 14% | 13% | 9% | 19% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
23 May - Annual Secretarial Compliance Report FY 2024-25 filed; minor SEBI LODR fine paid for Board composition.
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Appointment Of Secretarial Auditors Of The Company
22 May - Appointment of M/s Ravi & Subramanyam as Secretarial Auditor for FY 2025-26 to FY 2029-30.
- Financial Results For The Year Ended March 31, 2025 And Recommendation Of Dividend 22 May
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Board Meeting Outcome for Financial Results For The Year Ended March 31, 2025, And Recommendation Of Dividend
22 May - GOCL reports FY25 audited results, Rs.10/share dividend, and approves Rs.407 Cr divestment of IDL Explosives subsidiary.
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Update On Monetization Of Land Situated At Kukatpally, Hyderabad.
20 May - GOCL monetized 119.5 acres land for Rs.1539.75 Cr; funds deployed earning 8.4% interest.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Sep 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Sep 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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Jun 2023TranscriptNotesPPT
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Feb 2023TranscriptNotesPPT
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Dec 2022TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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Jul 2022TranscriptNotesPPT
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Jun 2022TranscriptNotesPPT
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Jun 2022TranscriptNotesPPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Jun 2019TranscriptPPT
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Jun 2018TranscriptPPT
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Dec 2017TranscriptPPT
Business[1]
The company is in the business of manufacturing and marketing packaged and bulk explosives, and blast initiating devices.