GOCL Corporation Q2 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹1,526 Cr
- P/E
- 5.71
- ROE
- 56.00%
- PEG
- 0.03
- Price to sales
- 143.15
- Debt to equity
- 0.00
- 52W high / low
- ₹456 / ₹225
- Sales growth (5Y)
- -52.78%
- EBITDA margin
- -287.34%
- Net profit margin
- 13538.93%
- Promoter holding
- 67.82%
- Sales (last year)
- ₹11 Cr
GOCL Corporation Ltd is engaged in the business of Energetics, Mining & Infrastructure Services and Realty.[1]
Guidance scorecard · Q2 FY27 call
What GOCL Corporation Ltd's management guided
and where it ranks in Chemicals & Petrochemicals
RevenueQ4 FY18 call
20–40%- Exports expected to grow by nearly 33%, driven by demand from South East Asia, Africa, Middle East, Gulf, and Eastern Europe.
- Domestic business growth anticipated at about 20% due to improved mining activity and new orders.
- Special Products Group (defense and space applications) expected to grow 25-30%.
- Metal Cladding operations projected to grow by 50%, tapping into emerging demand for stringent specifications.
- Overall business growth target averages around 25% across segments.
- IDL Explosives cautiously expanding capacity with new licenses and enhanced production to meet increasing demand.
2 more points from GOCL Corporation Ltd's call on revenue
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MarginsQ4 FY18 call
FlatSee what GOCL Corporation Ltd said on margins — free account, 30 seconds.
CapexQ4 FY18 call
Planned- GOCL Corporation spent Rs. 20 crores CAPEX for itself and subsidiaries in the financial year, with 90% funded through internal funds.
- Licenses received for enhancing capacities at four locations by 59,600 tons of bulk explosives; additional licenses applied for further capacity enhancement to meet rising demand.
- At Hyderabad Energetics plant, new equipment and machinery were installed, improving quality and production rates.
- Two new bulk plants added: 10,000 tons capacity in West Bengal and 6,000 tons in Chhattisgarh to boost production capacity.
2 more points from GOCL Corporation Ltd's call on capex
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FundraisingQ4 FY18 call
See what GOCL Corporation Ltd said on fundraising — free account, 30 seconds.
Order bookQ4 FY18 call
Rising- Current domestic orders stand at approximately Rs. 562 crores.
- An additional Rs. 200 crores worth of large orders from major mining companies are in the pipeline.
- Orders on hand as mentioned by COO IDL Explosives are Rs. 554 crores, with an expectation of adding another Rs. 200 crores.
- The orderbook consists of a balanced mix of business with Coal India (50%) and non-Coal India (50%).
- The company expects robust demand with existing and new products to meet customer requirements.
2 more points from GOCL Corporation Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Chemicals & Petrochemicals
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Chemicals & Petrochemicals companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 0–2% | ₹263 Cr | 3.4 | |
| 2 | 40%+ | Flat | ₹4,375 Cr | 83.7 | |
| 3 | 40%+ | Flat | ₹3,259 Cr | 4.0 | |
| 4 | 40%+ | Flat | ₹145 Cr | 15.9 | |
| 5 | 20–40% | Up 2%+ | ₹1.81L Cr | 90.9 | |
| 6 | 20–40% | Up 2%+ | ₹48,366 Cr | 78.3 |
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Pro shows every company guiding 40%+ revenue growth →Full Chemicals & Petrochemicals rankingGOCL Corporation Ltd announcements
All announcements →- Financial resultsMajor developmentGOCL Corporation Limited approves results for quarter ended September 30, 2026
- Order winNotableGOCL Corporation received NCLT order to convene meetings for merger approval
- Acquisition / mergerNotableGOCL Corporation's appeal allowed by NCLAT to proceed Scheme meeting process
Financials of GOCL Corporation Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Shareholder Pattern
GOCL Corporation Ltd
Shareholding breakup across reporting periods.
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters + | 73.83% | 72.82% | 72.82% | 72.82% | 72.82% | 72.82% | 72.82% | 67.82% | 67.82% | 67.82% | 67.82% | 67.82% |
| FIIs + | 0.07% | 0.13% | 0.11% | 0.14% | 0.11% | 0.37% | 0.16% | 5.12% | 5.12% | 5.08% | 5.34% | 5.11% |
| DIIs + | 2.69% | 2.82% | 1.25% | 1.25% | 1.25% | 1.26% | 1.27% | 1.27% | 1.25% | 1.26% | 1.34% | 1.44% |
| Government + | 0.30% | 0.30% | 0.30% | 0.30% | 0.30% | 0.30% | 0.30% | 0.30% | 0.30% | 0.30% | 0.30% | 0.30% |
| Public + | 23.10% | 23.93% | 25.51% | 25.49% | 25.52% | 25.26% | 25.45% | 25.48% | 25.51% | 25.55% | 25.19% | 25.33% |
| No. of Shareholders | 32,192 | 32,667 | 36,169 | 36,353 | 35,314 | 34,947 | 37,967 | 37,109 | 36,951 | 38,139 | 35,590 | 39,312 |
Financials of GOCL Corporation Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Sep 2023 | 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 + | 163 | 167 | 158 | 4 | 3 | 5 | 3 | 3 | 2 | 2 | 2 | 4 | 4 |
| Expenses + | 155 | 176 | 168 | 18 | 7 | 12 | 8 | 9 | 9 | 12 | 10 | 10 | 19 |
| Operating Profit | 8 | -9 | -11 | -14 | -4 | -7 | -5 | -6 | -7 | -10 | -8 | -5 | -14 |
| OPM % | 4.8% | -5% | -7% | -376% | -116% | -163% | -169% | -177% | -327% | -549% | -348% | -122% | -352% |
| Other Income + | 55 | 68 | 49 | 106 | 44 | 119 | 61 | 1,264 | 44 | 253 | 109 | 59 | 70 |
| Interest | 37 | 37 | 30 | 27 | 27 | 25 | 24 | 26 | 12 | 7 | 4 | 0 | 0 |
| Depreciation | 3 | 3 | 2 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 23 | 19 | 6 | 64 | 13 | 87 | 31 | 1,232 | 24 | 236 | 97 | 53 | 55 |
| Tax % | 32% | 20% | 16% | 43% | 58% | -7% | 26% | 1% | 42% | 11% | 22% | 23% | 26% |
| Net Profit + | 16 | 15 | 5 | 36 | 5 | 92 | 23 | 1,223 | 14 | 210 | 75 | 40 | 40 |
| EPS in Rs | 3.17 | 3.11 | 1.00 | 7.31 | 1.10 | 18.64 | 4.66 | 246.62 | 2.83 | 42.42 | 15.16 | 8.15 | 8.17 |
Financials of GOCL Corporation Ltd
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 390 | 484 | 499 | 483 | 532 | 499 | 416 | 498 | 921 | 610 | 18 | 10 | 13 |
| Expenses + | 360 | 458 | 469 | 455 | 500 | 483 | 406 | 494 | 942 | 632 | 46 | 41 | 50 |
| Operating Profit | 30 | 26 | 30 | 27 | 32 | 15 | 9 | 4 | -21 | -22 | -28 | -31 | -38 |
| OPM % | 8% | 5% | 6% | 6% | 6% | 3.1% | 2.3% | 0.8% | -2.3% | -3.5% | -152% | -322% | -302% |
| Other Income + | 90 | 82 | 86 | 72 | 69 | 60 | 141 | 252 | 479 | 239 | 327 | 1,671 | 492 |
| Interest | 63 | 64 | 62 | 46 | 41 | 16 | 53 | 57 | 119 | 146 | 102 | 49 | 11 |
| Depreciation | 5 | 5 | 6 | 6 | 6 | 7 | 8 | 9 | 10 | 9 | 2 | 2 | 3 |
| Profit before tax | 52 | 39 | 47 | 48 | 54 | 53 | 90 | 191 | 329 | 63 | 195 | 1,589 | 441 |
| Tax % | 21% | 30% | 31% | 29% | 25% | 6% | 13% | 8% | 36% | 23% | 19% | 4% | |
| Net Profit + | 42 | 27 | 33 | 34 | 41 | 50 | 79 | 176 | 211 | 48 | 157 | 1,522 | 366 |
| EPS in Rs | 8.39 | 5.43 | 6.59 | 6.88 | 8.18 | 10.01 | 15.88 | 35.52 | 42.59 | 9.73 | 31.67 | 307.01 | 73.90 |
| Dividend Payout % | 24% | 28% | 24% | 23% | 24% | 40% | 38% | 14% | 23% | 41% | 32% | 10% |
Financials of GOCL Corporation Ltd
Balance Sheet
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 997 | 1,017 | 507 | 811 | 933 | 900 | 1,155 | 1,142 | 1,400 | 1,409 | 1,566 | 3,133 | 3,061 |
| Borrowings + | 1,339 | 1,248 | 1,024 | 802 | 538 | 1,193 | 1,114 | 1,595 | 1,767 | 1,188 | 1,092 | 1 | 0 |
| Other Liabilities + | 184 | 193 | 190 | 182 | 202 | 179 | 171 | 491 | 321 | 286 | 440 | 412 | 681 |
| Total Liabilities | 2,530 | 2,467 | 1,731 | 1,805 | 1,683 | 2,281 | 2,451 | 3,238 | 3,498 | 2,893 | 3,109 | 3,555 | 3,752 |
| Fixed Assets + | 971 | 972 | 338 | 351 | 361 | 369 | 374 | 303 | 313 | 191 | 115 | 88 | 88 |
| CWIP | 13 | 15 | 17 | 19 | 16 | 19 | 15 | 3 | 1 | 13 | 3 | 1 | 0 |
| Investments | 1 | 1 | 161 | 440 | 541 | 469 | 578 | 45 | 49 | 50 | 51 | 56 | 42 |
| Other Assets + | 1,545 | 1,479 | 1,215 | 995 | 764 | 1,425 | 1,484 | 2,886 | 3,135 | 2,639 | 2,939 | 3,411 | 3,621 |
| Total Assets | 2,530 | 2,467 | 1,731 | 1,805 | 1,683 | 2,281 | 2,451 | 3,238 | 3,498 | 2,893 | 3,109 | 3,555 | 3,752 |
Financials of GOCL Corporation Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -20 | 40 | 27 | 11 | 38 | -13 | 7 | -62 | -77 | 40 | 16 | -34 |
| Cash from Investing Activity + | -8 | 139 | 242 | 268 | 288 | -606 | 102 | -322 | 173 | 734 | 222 | 1,082 |
| Cash from Financing Activity + | -4 | -169 | -275 | -279 | -323 | 625 | -105 | 387 | -90 | -800 | -230 | -1,046 |
| Net Cash Flow | -32 | 10 | -6 | 1 | 4 | 7 | 4 | 4 | 6 | -26 | 8 | 2 |
| Free Cash Flow | -26 | 34 | 20 | -7 | 25 | -30 | -0 | -72 | 125 | 26 | 256 | 1,269 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -51% | 188% | 125% | 93% | 179% | -38% | 213% | -1,041% | -211% | -291% | -238% | -7% |
Financials of GOCL Corporation Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 84 | 57 | 63 | 75 | 62 | 57 | 44 | 48 | 35 | 47 | 24 | 37 |
| Inventory Days | 166 | 136 | 78 | 70 | 71 | 71 | 83 | 185 | 102 | 47 | 26 | 260 |
| Days Payable | 104 | 96 | 48 | 71 | 71 | 64 | 62 | 130 | 91 | 41 | 596 | 8,287 |
| Cash Conversion Cycle | 146 | 97 | 92 | 74 | 62 | 63 | 65 | 104 | 47 | 52 | -546 | -7,990 |
| Working Capital Days | -73 | -79 | 27 | 18 | 142 | 47 | 143 | 435 | 405 | 687 | 29,877 | 109,911 |
| ROCE % | 4% | 4% | 5% | 6% | 6% | 4% | 7% | 5% | 6% | 7% | 7% | 7% |
Guidance history
How GOCL Corporation Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q4 FY18 call → | 20–40% | Flat | Planned | — | Rising |
| Q2 FY18 call → | 10–20% | Flat | Planned | None planned | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
20 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −14.9% | 45% |
| Last 6 months | −5.2% | 47% |
| Last 3 months | −23.4% | 14% |
The price is 51% below its all-time high of ₹629.7 (12 Jan 2018). Stocks more than 20% below their peak have their score halved, so 39 became 20.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For GOCL Corporation Ltd: 0.4 × 45 + 0.4 × 47 + 0.2 × 14 = 39, halved to 20 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What GOCL Corporation Ltd's management said in earlier quarters
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