GC

GOCL Corporation Ltd

Q2 FY24Chemicals & Petrochemicals

GOCL Corporation Q2 FY24 earnings call: Revenue & Margins

Q2 FY24 investor presentation: what the company reported on revenue, margins and projects.

Price₹380
Market cap₹2.2K Cr
P/E8.3
Updated24 Sept 2026
Read4 min read

Based on GOCL Corporation Ltd's Q2 FY24 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Q2-FY24 Total Income (Revenue): INR 2,234 Mn, down 30.0% YoY from INR 3,190 Mn in Q2-FY23 (Page 7). Q2-FY24 EBITDA: INR 680 Mn; down 34.7% YoY (Q2-FY23: INR 1,041 Mn) - Q2-FY24 EBITDA Margin: 30.45%; down 218 bps YoY (Q2-FY23: 32.63%) - Q2-FY24 Profit After Tax (PAT): INR 157 Mn; down 61.1% YoY

From GOCL Corporation Ltd's Q2 FY24 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

  • Q2-FY24 Total Income (Revenue): INR 2,234 Mn, down 30.0% YoY from INR 3,190 Mn in Q2-FY23 (Page 7).
  • Segmental Q2-FY24 revenues:
  • Explosives: INR 1,281 Mn (down from INR 1,551 Mn Q2-FY23)
  • Energetics: INR 294 Mn (flat YoY)
  • Electronics: INR 39 Mn (up from 33 Mn Q2-FY23)
  • Special Projects: INR 46 Mn (up from 36 Mn Q2-FY23)
  • Realty: INR 31 Mn (down from 13 Mn Q2-FY23)
  • H1-FY24 Total Income: INR 4,824 Mn, down 40.1% YoY from INR 8,056 Mn H1-FY23 (Page 9).

2 more points management made on revenue & sales performance

Profitability & Margins

See what GOCL Corporation Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Explosives segment increased industrial capacity by 16% from 331,000 to 383,500 tons in FY2020.
  • Capacity at Singrauli plant expanded from 36,000 to 75,000 tons.
  • Installed SMX plant at Rourkela with a capacity of 5,000 MT.
  • Investments made to double shelf life of large Diameter Slurry Explosives.
  • Electronics segment increased SMT line capacity from 30,000 to 100,000 components per hour.
  • GOCL invested USD 24 million via overseas subsidiary HGHL in the 57 Whitehall Investment SARL, Luxembourg, for Old War Office project in London (5-star hotel and luxury apartments); hotel inaugurated, with returns expected post project completion.
  • IDL Explosives Limited (wholly-owned subsidiary) set to execute orders totalling INR 11,000 Mn over next two years.

2 more points management made on capital expenditure plans

Top-ranked in Chemicals & Petrochemicals

Ranked on what management guided this quarter

5x potential
1Shiv Texchem
Rev 1Mar 2
2Yasho Industries
Rev 1Mar 3
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 2Mar 1
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what GOCL Corporation Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • The wholly-owned subsidiary, IDL Explosives Limited (IDLEL), is set to execute orders totaling INR 11,000 Mn over the next two years.
  • No other specific order book, order inflow, or pending order figures are explicitly mentioned in the presentation.

GOCL Corporation Ltd — Quarterly revenue & net profit

Revenue Net profit
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025

Reported quarterly figures (₹ Cr). Latest: revenue ₹2 Cr, net profit ₹210 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Others in Chemicals & Petrochemicals this season

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Frequently Asked Questions

What were GOCL Corporation Ltd Q2 FY24 results?

Q2-FY24 Total Income (Revenue): INR 2,234 Mn, down 30.0% YoY from INR 3,190 Mn in Q2-FY23 (Page 7). Q2-FY24 EBITDA: INR 680 Mn; down 34.7% YoY (Q2-FY23: INR 1,041 Mn) - Q2-FY24 EBITDA Margin: 30.45%; down 218 bps YoY (Q2-FY23: 32.63%) - Q2-FY24 Profit After Tax (PAT): INR 157 Mn; down 61.1% YoY

What is GOCL Corporation Ltd share price analysis?

GOCL Corporation Ltd currently shows a neutral. The stock trades at a P/E of 8.3 with a market cap of ₹2,211 Cr. Investors should review the full earnings analysis for detailed insights.

Is GOCL Corporation Ltd planning capital expenditure?

Explosives segment increased industrial capacity by 16% from 331,000 to 383,500 tons in FY2020.

Keep GOCL Corporation Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.