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Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of GOCL Corporation Ltd

About the Company - GOCL Corporation Ltd

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. Pankaj KumarManaging Director & CEO
Mr. Sudhanshu TripathiChairman & Non-Exe.Director
Ms. Kanchan ChitaleIndependent Director
Mr. Aditya SapruIndependent Director
Mr. Debabrata SarkarIndependent Director
Mr. Amar ChintopanthIndependent Director
Mr. Gopal RamanNon Executive Director

GOCL Corporation Ltd. Share Price Update

Share PriceValue
Today₹497.50
Previous Day₹445.95

Basic Stock Data of GOCL Corporation Ltd

Market Cap 2,387 Cr.
Current Price 482
High / Low641/278
Stock P/E44.3
Book Value 282
Dividend Yield1.03 %
ROCE5.68 %
ROE3.13 %
Face Value 2.00

Data Source: screener.in

GOCL Corporation Ltd Quarterly Results

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

GOCL Corporation Ltd Quarterly Chart

GOCL Corporation Ltd Profit & Loss

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%

GOCL Corporation Ltd Profit & Loss Yearly Chart

GOCL Corporation Ltd Growth

Compounded Sales Growth
10 Years:-3%
5 Years:14%
3 Years:23%
TTM:-5%
Compounded Profit Growth
10 Years:-1%
5 Years:5%
3 Years:-7%
TTM:-76%
Stock Price CAGR
10 Years:20%
5 Years:14%
3 Years:26%
1 Year:44%
Return on Equity
10 Years:4%
5 Years:5%
3 Years:5%
Last Year:3%

GOCL Corporation Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital20202010101010101010101010
Reserves1,0461,0701,1079971,0175078119339001,1551,1421,4001,386
Borrowings3802,0511,4471,3391,2481,0248025381,1931,1141,5951,7671,508
Other Liabilities336342323184193190182202179171491321334
Total Liabilities1,7813,4842,8972,5302,4671,7311,8051,6832,2812,4513,2383,4983,238
Fixed Assets1,0511,0461,030971972338351361369374303313310
CWIP17163713151719161915314
Investments12211161440541469578454949
Other Assets7112,4201,8281,5451,4791,2159957641,4251,4852,8863,1352,875
Total Assets1,7813,4842,8972,5302,4671,7311,8051,6832,2812,4513,2383,4983,238

GOCL Corporation Ltd Reserves and Borrowings Chart

GOCL Corporation Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -2610451-2040271138-137-62-77
Cash from Investing Activity -36-1,673692-8139242268288-606102-322173
Cash from Financing Activity 941,521-751-4-169-275-279-323625-105387-90
Net Cash Flow32-48-8-3210-6147446

GOCL Corporation Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days535457845763756257444835
Inventory Days1221151121661367870717183185102
Days Payable67657610496487171646213091
Cash Conversion Cycle1081049214697927462636510447
Working Capital Days757068-30-36566016982174511661
ROCE %6%6%6%4%4%5%6%6%4%7%5%6%

GOCL Corporation Ltd Financial Efficiency Indicators Chart

GOCL Corporation Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters73.83%73.83%73.83%73.83%73.83%73.83%73.83%73.83%73.83%73.83%73.83%73.83%
FIIs2.94%2.85%2.85%2.86%2.86%2.86%2.86%2.91%3.31%3.44%3.44%0.07%
DIIs1.44%1.45%1.36%1.34%1.35%1.34%1.34%1.33%1.26%1.26%1.25%2.69%
Government0.30%0.30%0.30%0.30%0.30%0.30%0.30%0.30%0.30%0.30%0.30%0.30%
Public21.48%21.57%21.65%21.66%21.66%21.66%21.66%21.64%21.31%21.17%21.16%23.10%
No. of Shareholders30,11830,57630,40632,23631,25830,96330,79730,23729,65929,55931,40532,192

GOCL Corporation Ltd Shareholding Pattern Chart

No. of GOCL Corporation Ltd Shareholders

GOCL Corporation Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Quant Absolute Fund7140533.2143.44

GOCL Corporation Ltd ROCE Trend

GOCL Corporation Ltd EPS Trend

GOCL Corporation Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)42.5935.5215.8810.008.18
Diluted EPS (Rs.)42.5935.5215.8810.008.18
Cash EPS (Rs.)44.7037.2717.4611.459.39
Book Value[Excl.RevalReserv]/Share (Rs.)284.33232.33235.06183.49190.19
Book Value[Incl.RevalReserv]/Share (Rs.)284.33232.33235.06183.49190.19
Revenue From Operations / Share (Rs.)185.74100.4983.83100.61107.33
PBDIT / Share (Rs.)94.4325.9530.4415.2218.72
PBIT / Share (Rs.)92.3224.2028.8613.7717.51
PBT / Share (Rs.)66.3438.4418.2410.6510.87
Net Profit / Share (Rs.)42.5935.5215.8810.008.18
NP After MI And SOA / Share (Rs.)42.5935.5215.8810.008.18
PBDIT Margin (%)50.8325.8236.3115.1217.44
PBIT Margin (%)49.7024.0834.4213.6916.31
PBT Margin (%)35.7138.2521.7610.5810.13
Net Profit Margin (%)22.9335.3418.939.947.62
NP After MI And SOA Margin (%)22.9335.3418.939.947.62
Return on Networth / Equity (%)14.9815.286.755.454.30
Return on Capital Employeed (%)17.384.356.103.187.11
Return On Assets (%)6.025.423.202.172.40
Long Term Debt / Equity (X)0.791.290.921.250.19
Total Debt / Equity (X)1.251.380.951.310.23
Asset Turnover Ratio (%)0.270.070.060.080.08
Current Ratio (X)2.322.462.791.721.57
Quick Ratio (X)2.092.112.271.271.43
Inventory Turnover Ratio (X)3.900.910.640.770.94
Dividend Payout Ratio (NP) (%)7.0411.2637.7924.0948.98
Dividend Payout Ratio (CP) (%)6.7110.7334.3621.0642.68
Earning Retention Ratio (%)92.9688.7462.2175.9151.02
Cash Earning Retention Ratio (%)93.2989.2765.6478.9457.32
Interest Coverage Ratio (X)3.952.262.874.872.26
Interest Coverage Ratio (Post Tax) (X)2.871.852.504.201.79
Enterprise Value (Cr.)3139.782830.432160.701784.351670.48
EV / Net Operating Revenue (X)3.415.685.203.583.14
EV / EBITDA (X)6.7122.0014.3223.6518.00
MarketCap / Net Operating Revenue (X)1.582.722.631.272.83
Retention Ratios (%)92.9588.7362.2075.9051.01
Price / BV (X)1.031.180.930.691.60
Price / Net Operating Revenue (X)1.582.722.631.272.83
EarningsYield0.140.120.070.070.02

GOCL Corporation Ltd Profitability Ratios (%)

GOCL Corporation Ltd Liquidity Ratios

GOCL Corporation Ltd Liquidity Ratios (%)

GOCL Corporation Ltd Interest Coverage Ratios (%)

GOCL Corporation Ltd Valuation Ratios

Fair Value of GOCL Corporation Ltd Stock

Fair Value: ₹395.05

The stock is overvalued by 18.04% compared to the current price ₹482

*Investments are subject to market risks

Strength and Weakness of GOCL Corporation Ltd Stock

StrengthWeakness
  1. The company has shown consistent growth in sales (428.92 cr) and profit (94.00 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 35.33 and average Dividend Yield of 27.64%.
  2. The stock has a low average ROCE of 5.42%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 155.00, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 87.83, which may not be favorable.
  5. The company has higher borrowings (1,231.23) compared to reserves (1,036.23), which may suggest financial risk.

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 GOCL Corporation Ltd. 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