GOCL Corporation share price & results
- Sept 2026
- Sept 2026
Hinduja Group firm exiting explosives; now in EMS electronics, defence/space projects and Hyderabad realty.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 4.0 | +100.0% YoY | Quarterly, as filed | Quarter to Sept 2026 | Revenue from operations as filed. |
| Operating margin | -340.0 | −104.0 pts YoY | Operating profit / revenue | Quarter to Sept 2026 | For the quarter; a change is in percentage points. |
| Net profit | 34.0 | +30.8% YoY | Quarterly, as filed | Quarter to Sept 2026 | Profit after tax as filed. |
| Return on equity | 9.01 | +50.1 pts | Trailing twelve months | TTM to Sept 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | −9.2 pts | Fiscal year | FY ending Mar 2026 | Not in the analysed materials. No older figure is substituted. | |
| Revenue growth (YoY) | -7.69 | +52.6 pts | Trailing twelve months | TTM to Sept 2026 | Revenue change against the same period one year earlier. |
Price
Performance −9.2% 1Y
1Y: ₹352.1 on 24 Oct 2025 → ₹319.65. High ₹456.15 (17 Sept 2026), low ₹225 (23 Mar 2026).
- Previous close
- ₹315.65
- Market cap
- ₹1.6k Cr
- 52-week range
- ₹225 – ₹456.15
- One year
- −12.90%
- Price to earnings (TTM to Sept 2026)
- 5.66×
- Return on equity (TTM to Sept 2026)
- 9.01%
Overview
- Symbol
- NSE:GOCLCORP
- Sector
- Chemicals
- Industry
- Commodities
- Exchange
- NSE
- Currency
- INR
What GOCL Corporation Limited does
Based on the company's own presentations, annual report and earnings calls.
GOCL Corporation Limited (formerly Gulf Oil Corporation), part of the Hinduja Group, has divested its wholly owned subsidiary IDL Explosives Limited and ceased the Energetics and Commercial Explosives operations it ran for over six decades out of Kukatpally, Hyderabad. The company now runs an Electronics Manufacturing Services (EMS) unit that offers design-to-delivery services - R&D, prototyping, PCB assembly and box builds - for automotive, EV, aerospace & defence, telecom, industrial automation and consumer-electronics customers. It also operates a Special Projects business supplying explosive-based metal-cladding (bonding dissimilar metals such as nickel, copper and titanium to steel) and ordnance components like aircraft canopy severance systems to the Defence and Space sectors. Separately, it is monetising legacy industrial land at Kukatpally and co-developing a mixed-use commercial project in Bengaluru, while a UK subsidiary holds a strategic stake in a London heritage-building redevelopment.
Segments
- Energetics
- Bulk and Cartridge Explosives
- Electronics (EMS)
- Special Projects
- Realty
- Total employees (standalone, post-restructuring)
- 106
- EMS service scope
- Full design-to-delivery EMS: R&D, prototyping, product design, PCB assembly and box builds
- EMS quality certifications
- ISO 9001, ISO 14001, ISO 45001 certified
- Land under monetisation, Kukatpally Hyderabad
- 264.50 acres under MoU; about 142 acres sold to date
- Ecopolis commercial project, North Bengaluru
- 38.15-acre mixed-use campus, JV with Hinduja Realty Ventures (LEED Gold)
- Overseas strategic investment
- 10% stake (via UK subsidiary HGHL Holdings Limited) in The Old War Office/Raffles London redevelopment - 85 residences, 9 restaurants, 3 bars
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: +31% (quarter to sept 2026 against sept 2025).
| Line item | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 5 | 3 | 3 | 2 | 2 | 2 | 4 | 4 |
| Expenses | 12 | 7 | 9 | 7 | 11 | 10 | 9 | 18 |
| Operating profit | -7 | -4 | -5 | -5 | -9 | -7 | -5 | -14 |
| Operating margin | −155.0% | −149.0% | −157.0% | −236.0% | −518.0% | −316.0% | −121.0% | −340.0% |
| Other income | 104 | 31 | 1,221 | 41 | 172 | 105 | 49 | 61 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 97 | 26 | 1,215 | 35 | 162 | 97 | 43 | 47 |
| Tax rate | −7.0% | 25.0% | 1.0% | 28.0% | 15.0% | 22.0% | 25.0% | 28.0% |
| Net profit | 104 | 20 | 1,207 | 26 | 137 | 76 | 32 | 34 |
| EPS (₹ per share) | 20.91 | 3.99 | 243.48 | 5.19 | 27.62 | 15.37 | 6.48 | 6.77 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 921 | 91 | 15 | 9 |
| Expenses | 942 | 101 | 44 | 37 |
| Operating profit | -21 | -7 | -29 | -26 |
| Other income | 480 | 71 | 230 | 1,539 |
| Interest | 120 | 0 | 0 | 0 |
| Depreciation | 10 | 7 | 3 | 4 |
| Profit before tax | 330 | 56 | 198 | 1,509 |
| Net profit | 211 | 41 | 167 | 1,446 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 | Sept 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 629 | 621 | 768 | 2,787 | 2,164 | 2,081 |
| Borrowings | 0 | 1 | 0 | 166 | 0 | 0 |
| Other liabilities | 186 | 269 | 356 | 588 | 411 | 679 |
| Total liabilities | 825 | 900 | 1,134 | 3,552 | 2,584 | 2,770 |
| Fixed assets | 257 | 140 | 115 | 115 | 88 | 88 |
| Capital work in progress | 1 | 2 | 3 | 4 | 1 | 0 |
| Investments | 38 | 40 | 40 | 53 | 1 | 1 |
| Other assets | 529 | 718 | 975 | 3,380 | 2,495 | 2,680 |
| Total assets | 825 | 900 | 1,134 | 3,552 | 2,584 | 2,770 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 31 | 8 | -75 | 1 | -28 | -28 |
| Cash from investing | 5 | 12 | 97 | 46 | 50 | 74 |
| Cash from financing | -34 | -22 | -19 | -49 | -22 | -50 |
| Net cash flow | 2 | -1 | 4 | -2 | 0 | -5 |
| Free cash flow | 26 | 226 | 136 | -1 | 223 | 1,287 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 72 | 53 | 49 | 458 | 51 | 37 |
| Inventory days | 242 | 275 | 152 | 2109 | 26 | 260 |
| Days payable | 311 | 270 | 156 | 1734 | 618 | 8160 |
| Cash conversion cycle | 3 | 59 | 45 | 834 | -542 | -7863 |
| Working capital days | 16 | 490 | 729 | 9303 | 18542 | 75954 |
| Return on capital employed | 15.0% | 14.0% | 13.0% | 8.0% | 9.0% | 10.0% |
| Dividend payout | 61.0% | 52.0% | 21.0% | 48.0% | 30.0% | 10.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
Unallocable income contributes 92.7% of reported segment revenue.
Quarter ended 30 Jun 2026 · Consolidated
- Unallocable income 92.7%
₹58.86 crore
- Electronics Manufacturing Services 4.1%
₹2.62 crore
- Realty 2.6%
₹1.64 crore
- Discontinued Operation 0.5%
₹0.34 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| Unallocable income | 58.86 | 92.7% |
| Electronics Manufacturing Services | 2.62 | 4.1% |
| Realty | 1.64 | 2.6% |
| Discontinued Operation | 0.34 | 0.5% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹63.47 crore
- Intersegment adjustment
- ₹0.00 crore
- Net segment revenue
- ₹63.47 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
How the mix has moved
Realty grew from 2% to 3% of revenue over the last two years.
| Segment | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Unallocable income | — | — | 24% | — | 38% | 63% | 41% | 93% | — |
| Electronics Manufacturing Services | — | — | — | — | — | <1% | <1% | 4% | — |
| Realty | 2% | 1% | 1% | 1% | 1% | <1% | 14% | 3% | -92.3% |
| Discontinued Operation | — | — | — | — | — | — | 44% | 1% | — |
Share of reported segment revenue by quarter, consolidated basis, as filed. A quarter the company did not report is left blank, never carried forward.
See how segments are shifting across companies → Segment Shift
Ownership
Who owns it
Promoters hold 67.82% as of Sept 2026; institutions cut 0.13 pts since Jun 2026.
- Promoters 67.82%
- Foreign institutions 5.11%
- Domestic institutions 1.44%
- Government 0.30%
- Public 25.33%
Who is on the register
Named in the Sep 2026 filing
Every holder of GOCL Corporation Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 67.82% | unchanged | |
| FPI fund | 1.77% | unchanged |
| FPI fund | 1.61% | unchanged |
| FPI fund | 1.61% | unchanged |
| Insurer | 1.17% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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