Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · GOCL CORPORATION LIMITED · 29 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
GOCL CORPORATION LIMITED
NSE: GOCLCORP · BSE: 506480
NSE: GOCLCORP · BSE: 506480
Commodities › Chemicals › Chemicals & Petrochemicals › Explosives
GOCL CORPORATION LIMITED
StateQ1 FY27 filed
Last close · 28 Oct 2026₹320.40
Market cap₹1.6k cr
TTM P/E · P/B · EV/EBITDA4.7 · 0.51 · 4.3
GOCL CORPORATION LIMITED is a Chemicals & Petrochemicals company listed on NSE. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 498 | 921 | 714 | 555 | 10 |
| EBITDA (ex other income) | 132 | (31) | (13) | (37) | (18) |
| margin % | 26.5 | (3.4) | (1.8) | (6.6) | (188.3) |
| Owners' profit | 176 | 211 | 48 | 0 | 0 |
| EPS, as reported (₹) | 35.52 | 42.59 | 9.73 | 31.71 | 307.01 |
| ROE % · ROCE % | 15.3 · 8.3 | 15.0 · 17.0 | 3.4 · 7.8 | 10.0 · 8.4 | 48.4 · 12.2 |
| Debt / equity (x) | 1.38 | 1.25 | 0.84 | 0.71 | 0.00 |
| Cash from operations | (62) | (77) | 40 | 16 | (34) |
| Capex | (11) | (20) | (16) | (15) | (21) |
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · GOCL CORPORATION LIMITED · 29 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 128 | 138 | 140 | 3 | 2 | 2 | 2 | 4 |
| Profit before tax | 7 | 108 | 29 | 63 | 32 | 190 | 61 | 56 |
| Net profit | 5 | 92 | 23 | 1,223 | 14 | 210 | 75 | 40 |
| EPS (₹) | 1.10 | 18.64 | 4.67 | 246.62 | 2.83 | 42.42 | 15.15 | 8.15 |
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Electronics Manufacturing Services | 1 | 0.0 |
| Realty | 44 | 2.0 |
| Unallocable income | 315 | 14.4 |
| Discontinued Operation | 61 | 2.8 |
| Discontinued Operations | 205 | 9.4 |
| Electronics | 1 | 0.0 |
| Energetics | 4 | 0.2 |
| Unallocable Income | 62 | 2.8 |
| Discontinued Income | 1,489 | 68.3 |
| Total, before eliminations | 2,180 | 100.0 |
Source: the filed segment block, four quarters summed.
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SOLAR INDUSTRIES (I) LTD | 1,74,665 | 87.7 | 26.67 | 63.9 | 26.5 | 27.9 | 31.4 | 27.9 |
| PREMIER EXPLOSIVES LTD | 3,032 | 90.4 | 10.44 | 39.9 | 15.8 | 18.5 | 20.6 | 7.5 |
| GOCL CORPORATION LIMITED ◆ | 1,588 | 4.7 | 0.51 | 4.0 | 48.4 | 10.7 | (52.8) | 1332.8 |
| KELTECH ENERGIES LTD. | 1,350 | 36.6 | 8.83 | — | 18.7 | 19.1 | — | 10.4 |
| Beezaasan Explotech Limited | 1,053 | 45.7 | — | — | — | 10.1 | — | — |
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 4.7 | 21.2 | 15 of 197 | 93% |
| P/B | 0.5 | 2.1 | 15 of 202 | 93% |
| ROCE | 10.7 | 8.1 | 86 of 220 | 61% |
| ROE | 48.4 | 7.3 | 3 of 202 | 99% |
| Debt / Equity | 0.0 | 0.2 | 35 of 202 | 83% |
| EBITDA margin | 1332.8 | 14.0 | 2 of 201 | 100% |
| Revenue growth | 26.3 | 17.2 | 66 of 194 | 66% |
| Profit growth | (96.7) | 41.9 | 182 of 202 | 10% |
| Market cap | 1588 | 381 | 63 of 225 | 72% |
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · GOCL CORPORATION LIMITED · 29 October 2026Page 3 of 3
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 21 Oct 2026 · NCLT meeting on Nov 24 to approve HNPCL merger into GOCL | strategic transactions | high | — | — |
| 19 Oct 2026 · GOCL Corp Q2 FY26 results filed; NCLT orders meetings for HNPCL merger scheme | results | high | — | — |
| 19 Oct 2026 · Board outcome: Q2 results approved and HNPCL merger NCLT meeting set for Nov 24 | strategic transactions | high | — | — |
| 13 Oct 2026 · Board meeting on Oct 19 to consider Q2 and H1 FY26-27 results | results | low | — | — |
| 8 Oct 2026 · NCLT directs shareholder and creditor meetings for proposed merger | regulatory legal | high | — | — |
| 6 Oct 2026 · RTA certificate on share dematerialisation for Q2 FY26 filed with exchanges | compliance | minimal | — | — |
| 1 Oct 2026 · GOCL Corp AGM 2026 voting results: all 4 resolutions passed with near-100% approval | board shareholder meetings | low | — | — |
| 29 Sept 2026 · AGM Presentation Disclosure | investor communications | medium | — | — |
| 29 Sept 2026 · 65th AGM held; dividend for FY26 declared, director re-appointment tabled | board shareholder meetings | medium | — | — |
| 25 Sept 2026 · NCLAT allows appeal, merger scheme with HNPCL to proceed to shareholder meeting | regulatory legal | high | — | — |
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in