Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 21 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

GOCL Corporation Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:31 am

Market Cap 1,818 Cr.
Current Price 367
High / Low 549/330
Stock P/E28.7
Book Value 291
Dividend Yield1.09 %
ROCE7.29 %
ROE3.43 %
Face Value 2.00
PEG Ratio3.50

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Premier Explosives Ltd 2,883 Cr. 536 909/253120 43.80.09 %18.0 %13.5 % 2.00
GOCL Corporation Ltd 1,818 Cr. 367 549/33028.7 2911.09 %7.29 %3.43 % 2.00
Solar Industries India Ltd 88,568 Cr. 9,788 13,300/6,27587.6 4190.09 %32.5 %30.9 % 2.00
Industry Average31,089.67 Cr3,563.6778.77251.270.42%19.26%15.94%2.00

All Competitor Stocks of

Quarterly Result

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales9798116142122106129237194248242197163
Expenses98100103133128108124248215234245202155
Operating Profit-1-2139-7-35-11-2114-3-48
OPM %-1%-2%11%6%-5%-2%4%-5%-11%6%-1%-2%5%
Other Income36353434243216224111563616555
Interest13131212121617212634394237
Depreciation2222222223333
Profit before tax191834283111482076640171623
Tax %10%11%18%16%39%36%3%39%38%21%17%25%32%
Net Profit17162724271431254032141216
EPS in Rs3.523.155.554.760.431.4328.9025.238.146.452.782.453.17

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,1861,2021,233390484499483532499416498921851
Expenses1,1181,1161,160360458469455500483406494942836
Operating Profit68867330263027321594-2115
OPM %6%7%6%8%5%6%6%6%3%2%1%-2%2%
Other Income4663139908286726960141252479244
Interest34631016364624641165357119151
Depreciation181818556667891012
Profit before tax6268935239474854539019132996
Tax %20%30%24%21%30%31%29%25%6%13%8%36%
Net Profit5048704227333441507917621174
EPS in Rs4.875.076.838.395.436.596.888.1810.0115.8835.5242.5914.85
Dividend Payout %45%43%37%24%28%24%23%24%40%38%14%23%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-4.00%45.83%-40.00%-35.71%22.22%3.03%20.59%21.95%58.00%122.78%19.89%
Change in YoY Net Profit Growth (%)0.00%49.83%-85.83%4.29%57.94%-19.19%17.56%1.36%36.05%64.78%-102.90%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:-5%
5 Years:6%
3 Years:20%
TTM:-23%
Compounded Profit Growth
10 Years:-2%
5 Years:7%
3 Years:-15%
TTM:-6%
Stock Price CAGR
10 Years:9%
5 Years:6%
3 Years:6%
1 Year:-30%
Return on Equity
10 Years:4%
5 Years:5%
3 Years:4%
Last Year:3%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 11:40 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital20201010101010101010101010
Reserves1,0701,1079971,0175078119339001,1551,1421,4001,4091,434
Borrowings2,0511,4471,3391,2481,0248025381,1931,1141,5951,7671,1881,225
Other Liabilities342323184193190182202179171491321286524
Total Liabilities3,4842,8972,5302,4671,7311,8051,6832,2812,4513,2383,4982,8933,194
Fixed Assets1,0461,030971972338351361369374303313191188
CWIP163713151719161915311315
Investments221116144054146957845495050
Other Assets2,4201,8281,5451,4791,2159957641,4251,4842,8863,1352,6392,941
Total Assets3,4842,8972,5302,4671,7311,8051,6832,2812,4513,2383,4982,8933,194

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +10451-2040271138-137-62-7740
Cash from Investing Activity +-1,673692-8139242268288-606102-322173734
Cash from Financing Activity +1,521-751-4-169-275-279-323625-105387-90-800
Net Cash Flow-48-8-3210-6147446-26

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow68.0084.0072.0029.0025.0029.00-775.00-506.0014.008.003.00-22.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days545784576375625744483540
Inventory Days115112166136787071718318510243
Days Payable65761049648717164621309138
Cash Conversion Cycle104921469792746263651044745
Working Capital Days7068-30-36566016982174511661646
ROCE %6%6%4%4%5%6%6%4%7%5%6%7%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters73.83%73.83%73.83%73.83%73.83%73.83%73.83%73.83%73.83%72.82%72.82%72.82%
FIIs2.86%2.86%2.86%2.86%2.91%3.31%3.44%3.44%0.07%0.13%0.11%0.14%
DIIs1.34%1.35%1.34%1.34%1.33%1.26%1.26%1.25%2.69%2.82%1.25%1.25%
Government0.30%0.30%0.30%0.30%0.30%0.30%0.30%0.30%0.30%0.30%0.30%0.30%
Public21.66%21.66%21.66%21.66%21.64%21.31%21.17%21.16%23.10%23.93%25.51%25.49%
No. of Shareholders32,23631,25830,96330,79730,23729,65929,55931,40532,19232,66736,16936,353

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Quant Absolute Fund714,0533.2143.44714,0532024-12-130%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)9.7342.5935.5215.8810.00
Diluted EPS (Rs.)9.7342.5935.5215.8810.00
Cash EPS (Rs.)12.2644.7037.2717.4611.45
Book Value[Excl.RevalReserv]/Share (Rs.)286.25284.33232.33235.06183.49
Book Value[Incl.RevalReserv]/Share (Rs.)286.25284.33232.33235.06183.49
Revenue From Operations / Share (Rs.)143.95185.74100.4983.83100.61
PBDIT / Share (Rs.)44.3294.4325.9530.4415.22
PBIT / Share (Rs.)41.8092.3224.2028.8613.77
PBT / Share (Rs.)12.9266.3438.4418.2410.65
Net Profit / Share (Rs.)9.7342.5935.5215.8810.00
NP After MI And SOA / Share (Rs.)9.7342.5935.5215.8810.00
PBDIT Margin (%)30.7950.8325.8236.3115.12
PBIT Margin (%)29.0449.7024.0834.4213.69
PBT Margin (%)8.9735.7138.2521.7610.58
Net Profit Margin (%)6.7622.9335.3418.939.94
NP After MI And SOA Margin (%)6.7622.9335.3418.939.94
Return on Networth / Equity (%)3.4014.9815.286.755.45
Return on Capital Employeed (%)7.9817.384.356.103.18
Return On Assets (%)1.666.025.423.202.17
Long Term Debt / Equity (X)0.750.791.290.921.25
Total Debt / Equity (X)0.831.251.380.951.31
Asset Turnover Ratio (%)0.220.270.070.060.08
Current Ratio (X)5.132.322.462.791.72
Quick Ratio (X)4.922.092.112.271.27
Inventory Turnover Ratio (X)4.003.900.910.640.77
Dividend Payout Ratio (NP) (%)102.737.0411.2637.7924.09
Dividend Payout Ratio (CP) (%)81.596.7110.7334.3621.06
Earning Retention Ratio (%)-2.7392.9688.7462.2175.91
Cash Earning Retention Ratio (%)18.4193.2989.2765.6478.94
Interest Coverage Ratio (X)1.503.952.262.874.87
Interest Coverage Ratio (Post Tax) (X)1.312.871.852.504.20
Enterprise Value (Cr.)3394.413139.782830.432160.701784.35
EV / Net Operating Revenue (X)4.763.415.685.203.58
EV / EBITDA (X)15.456.7122.0014.3223.65
MarketCap / Net Operating Revenue (X)3.151.582.722.631.27
Retention Ratios (%)-2.7392.9588.7362.2075.90
Price / BV (X)1.581.031.180.930.69
Price / Net Operating Revenue (X)3.151.582.722.631.27
EarningsYield0.020.140.120.070.07

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 289.59

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 21, 2024, is Overvalued by 21.09% compared to the current share price 367.00

Intrinsic Value of as of December 21, 2024 is: 313.36

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 21, 2024, is Overvalued by 14.62% compared to the current share price 367.00

Last 5 Year EPS CAGR: 8.21%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has shown consistent growth in sales (428.92 cr) and profit (94.00 cr) over the years.
  1. The stock has a low average ROCE of 5.50%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 202.58, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 82.58, which may not be favorable.
  4. The company has higher borrowings (1,271.62) compared to reserves (1,067.85), which may suggest financial risk.
  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
    1. Net Profit Margin: 6.76%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 7.98% (Industry Average ROCE: 19.26%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 3.4% (Industry Average ROE: 15.94%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 1.31
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 4.92
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 28.7 (Industry average Stock P/E: 78.77)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.83
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

GOCL Corporation Ltd. is a Public Limited Listed company incorporated on 20/04/1961 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L24292TG1961PLC000876 and registration number is 000876. Currently Company is involved in the business activities of Manufacture of explosives, ammunition and fire works, Real estate activities with own or leased property, Manufacture of bare printed circuit boards, loading of components onto printed circuit boards; manufacture of interface cards (e.g. sound, video, controllers, network, modems). Company’s Total Operating Revenue is Rs. 121.27 Cr. and Equity Capital is Rs. 9.91 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Industrial ExplosivesIDL Road, Kukutpally, Hyderabad Telangana 500072secretarial@goclcorp.com
http://www.goclcorp.com
Management
NamePosition Held
Mr. Sanjay G HindujaChairman Emeritus
Mr. Sudhanshu TripathiChairman & Non-Exe.Director
Mr. Ravi JainWholeTime Director & CFO
Mr. Amar ChintopanthIndependent Director
Ms. Kanchan ChitaleIndependent Director
Mr. Aditya SapruIndependent Director
Mr. Debabrata SarkarIndependent Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹289.59, which is 21.09% lower than the current market price of ₹367.00. The stock has a market capitalization of 1,818 Cr. and recorded a high/low of 549/330 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹1,434 Cr and total liabilities of ₹3,194 Cr.

What is the Market Cap of ?

The Market Cap of is 1,818 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 367.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 549/330.

What is the Stock P/E of ?

The Stock P/E of is 28.7.

What is the Book Value of ?

The Book Value of is 291.

What is the Dividend Yield of ?

The Dividend Yield of is 1.09 %.

What is the ROCE of ?

The ROCE of is 7.29 %.

What is the ROE of ?

The ROE of is 3.43 %.

What is the Face Value of ?

The Face Value of is 2.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in . Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE