GOCL Corporation Share Price Target 2025, 2026, 2030, 2040, 2050
GOCL Corporation supplies explosives for mining and construction and sells them to many countries. It also makes electronic parts and defence products for DRDO and ISRO, and builds projects like the 40-acre Ecopolis IT SEZ in Bengaluru. The company is also moving into the power sector by planning to buy a 1,040 MW plant near Visakhapatnam and has invested in a luxury project in London. By focusing on new technology and growth, it has become a large and varied business group.
- 1 What is GOCL Corporation Ltd NSE: GOCLCORP?
- 2 GOCL Corporation Share Price Target
- 3 GOCL Corporation Share Price Target 2025
- 4 GOCL Corporation Gas Share Price Target 2026
- 5 Share Price Target 2027
- 6 Share Price Target 2028
- 7 Share Price Target 2029
- 8 GOCL Corporation share price Target 2030
- 9 Share Price Target 2040
- 10 Share Price Target 2050
- 11 Should I buy GOCL Corporation stock?
- 12 GOCL Corporation earnings results
- 13 Is GOCL Corporation stock good to buy? (bull case & bear case)
- 14 Conclusion
- 15 FAQs
What is GOCL Corporation Ltd NSE: GOCLCORP?
GOCL Corporation was established in 1961 in Hyderabad, Telangana, and is owned by the Hinduja Group. It is a well-known Indian company that makes explosives, electronic items, metal sheets, and also builds real estate projects. Earlier, it was known as Indian Detonators Limited and later as Gulf Oil Corporation. The company makes and supplies explosives and defence systems used in mining, defence, construction, and space projects. It also manufactures electronic parts for cars and aeroplanes, and develops large-scale real estate projects, such as Ecopolis in Bengaluru. GOCL sells its products in more than 20 countries and works with major organisations like Coal India, DRDO, and ISRO.
The company has started working in Electronics Manufacturing Services. This division makes Printed Circuit Boards (PCBs) and builds complete electronic products using automated machines called Surface Mount Technology (SMT) lines. These services help companies that make products in different areas, like cars, medical devices, and home electronics. The company is growing its business and presence in the electronics industry. In 2025, its share price target would be ₹596, as per stock market analysts.
According to stock market analysts, its share price would be between ₹245 to ₹596 in 2025.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 245 | 596 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 331 | 413 |
February | 279 | 379 |
March | 262 | 308 |
April | 245 | 300 |
May | 257 | 335 |
June | 304 | 417 |
July | 354 | 407 |
August | 333 | 401 |
September | 341 | 389 |
October | 287 | 447 |
November | 298 | 525 |
December | 310 | 596 |
Its Special Projects Group (SPG) makes special products for India’s Defence and Space sectors. It produces items like canopy severance systems, pyro components, and explosive train systems that help keep aeroplanes and spacecraft safe and working properly. SPG helps strengthen India’s defence and space programs by working with DRDO and ISRO. In 2026, its share price target would be ₹935, as per stock market analysts.
Its share price would be between ₹568 to ₹935 in 2026, as per stock market analysts.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2026 | 568 | 935 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 568 | 684 |
February | 587 | 700 |
March | 611 | 725 |
April | 620 | 768 |
May | 635 | 789 |
June | 642 | 800 |
July | 668 | 810 |
August | 690 | 825 |
September | 712 | 837 |
October | 725 | 854 |
November | 734 | 887 |
December | 751 | 935 |
Its Metal Cladding Division makes special metals by mixing different metals together using controlled explosions. This creates metals that are very strong, long-lasting, and do not rust easily. These metals are used in industries that need tough and reliable materials, such as shipbuilding, electrical equipment, space projects, and chemical factories. The company helps these industries build safer and more durable structures and machines. In 2027, its share price target would be ₹1267, as per stock market analysts.
According to stock market analysts, its share price would be between ₹900 to ₹1267 in 2027.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2027 | 900 | 1267 |
It has expanded into real estate, using its large land to develop different projects. One of its main projects is Ecopolis, a 40-acre IT and IT-Enabled Services (ITES) Special Economic Zone (SEZ) in Bengaluru. It is built with Hinduja Realty Ventures Limited (HRVL), and it offers modern and high-quality office spaces, commercial areas, hotels, and service apartments for IT and ITES companies. This project helps GOCL grow its business and also supports Bengaluru’s development as a major centre for IT and business. In 2028, its share price target would be ₹1602, as per stock market analysts.
Its share price would be between ₹1241 to ₹1602 in 2028, as per stock market analysts.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2028 | 1241 | 1602 |
It was the first company in India to make slurry and emulsion explosives, which changed how mining was done. The company makes many types of explosives and blasting devices used in mining and construction projects. In May 2025, it decided to sell all its shares in IDL Explosives to Apollo Defence Industries Private Limited, marking a planned change in the company’s business focus. In 2029, its share price target would be ₹1920, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1578 to ₹1920 in 2029.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2029 | 1578 | 1920 |
The company is working to make the most of its large land in Hyderabad. In March 2024, it signed an agreement with Squarespace Builders Private Limited to develop 264.5 acres of valuable land in Kukatpally, Hyderabad, worth around ₹3,402 crore. The project also includes 32 acres developed together with Hinduja Healthcare Limited. This shows that this company plan to use its land wisely and increase the value of its real estate business. In 2030, its share price target would be ₹2251, as per stock market analysts.
Its share price would be between ₹1887 to ₹2251 in 2030, as per stock market analysts.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2030 | 1887 | 2251 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 1887 | 1990 |
February | 1910 | 2027 |
March | 1932 | 2042 |
April | 1958 | 2074 |
May | 1967 | 2097 |
June | 1978 | 2110 |
July | 1998 | 2127 |
August | 2011 | 2141 |
September | 2031 | 2155 |
October | 2045 | 2158 |
November | 2057 | 2187 |
December | 2080 | 2251 |
Ecopolis is a major real estate project by GOCL, built together with Hinduja Realty Ventures Limited. Its project is an IT and IT-Enabled Services (ITES) Special Economic Zone (SEZ) with modern facilities for businesses. It includes office buildings, a hotel, service apartments, and other hospitality services. The first office building and multi-level parking, totalling 1.5 million square feet, are finished, and the second office building, covering one million square feet, is now under construction. In 2040, its share price target would be ₹4492, as per stock market analysts.
According to stock market analysts, its share price would be between ₹4031 to ₹4492 in 2040.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2040 | 4031 | 4492 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 4031 | 4151 |
February | 4054 | 4174 |
March | 4078 | 4190 |
April | 4090 | 4221 |
May | 4112 | 4235 |
June | 4120 | 4254 |
July | 4132 | 4274 |
August | 4147 | 4300 |
September | 4178 | 4325 |
October | 4200 | 4351 |
November | 4225 | 4388 |
December | 4280 | 4492 |
In the future, the company plans to keep growing and expand into new areas. The company wants to grow in power and energy, improve its real estate projects, and make more progress in electronics and defence technology. It aims to become a stronger and leading business group in India. In 2050, its share price target would be ₹7009, as per stock market analysts.
Its share price would be between ₹6512 to ₹7009 in 2050, as per stock market analysts.
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2050 | 6512 | 7009 |
Month | Minimum Price (Rs) | Maximum Price (Rs) |
January | 6512 | 6637 |
February | 6528 | 6678 |
March | 6542 | 6778 |
April | 6558 | 6800 |
May | 6587 | 6825 |
June | 6600 | 6842 |
July | 6621 | 6858 |
August | 6632 | 6874 |
September | 6658 | 6900 |
October | 6687 | 6925 |
November | 6751 | 6956 |
December | 6820 | 7009 |
Should I buy GOCL Corporation stock?
Year | Minimum Price (Rs) | Maximum Price (Rs) |
2025 | 245 | 596 |
2026 | 568 | 935 |
2027 | 900 | 1267 |
2028 | 1241 | 1602 |
2029 | 1578 | 1920 |
2030 | 1887 | 2251 |
2040 | 4031 | 4492 |
2050 | 6512 | 7009 |
The company works in different areas like explosives, electronics, defence, metal cladding, and real estate, including big projects like the 40-acre Ecopolis IT SEZ in Bengaluru and land projects in Hyderabad. The company’s market value at about ₹1,802 crore; it earned ₹270 crore in revenue and a net profit of ₹1,344 crore, partly from one-time income. The company has chances to grow through real estate and other projects, but its sales growth is slow, and some financial risks exist due to rising working capital and moderate debt. Investors should think about both the opportunities and risks before investing.
GOCL Corporation earnings results
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
Sales + | 499 | 416 | 498 | 921 | 610 | 555 | 270 |
Expenses + | 483 | 406 | 494 | 942 | 632 | 581 | 311 |
Operating Profit | 15 | 9 | 4 | -21 | -22 | -27 | -41 |
OPM % | 3% | 2% | 1% | -2% | -4% | -5% | -15% |
Other Income + | 60 | 141 | 252 | 479 | 239 | 344 | 1,511 |
Interest | 16 | 53 | 57 | 119 | 146 | 111 | 106 |
Depreciation | 7 | 8 | 9 | 10 | 9 | 9 | 9 |
Profit before tax | 53 | 90 | 191 | 329 | 63 | 197 | 1,355 |
Tax % | 6% | 13% | 8% | 36% | 23% | 20% | |
Net Profit + | 50 | 79 | 176 | 211 | 48 | 157 | 1,344 |
EPS in Rs | 10.01 | 15.88 | 35.52 | 42.59 | 9.73 | 31.71 | 271.02 |
Dividend Payout % | 40% | 38% | 14% | 23% | 41% | 32% |
Key Metrics
TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
1.33 | 1.14 | 2.77% | 28.15 | 3.26 | 1.62% |
Peers & Comparison
Stock | PE Ratio | PB Ratio | Dividend Yield |
Gocl Corporation Ltd | 11.39 | 1.14 | 2.77% |
Solar Industries India Ltd | 103.65 | 27.55 | 0.07% |
Linde India Ltd | 116.74 | 13.90 | 0.19% |
Sumitomo Chemical India Ltd | 53.15 | 9.25 | 0.22% |
Is GOCL Corporation stock good to buy? (bull case & bear case)

Bull Case:
- The company’s earnings grew 143% in the past year and 131% over the last three years, showing strong growth.
- It works in many areas like explosives, electronics, defence, and real estate, which helps reduce risk if one sector slows down.
- Projects like the 40-acre Ecopolis IT SEZ in Bengaluru and land developments in Hyderabad give the company chances for long-term growth in real estate.
- It gives a dividend of 2.77%, providing regular income for investors.
- Its stock is trading at 1.14 times its book value, showing it may be reasonably priced.
- Debtor days have improved from 36.0 to 25.6 days, showing better cash collection.
Bear Case:
- Sales grew only 2.15% over the last five years, showing slow revenue growth.
- Working capital days increased from 687 to 969, which could cause cash flow problems.
- The company has a debt-to-equity ratio of 70.75%, showing it uses a lot of debt, which can be risky if interest rates rise.
Conclusion
It is an Indian company that works in many areas like explosives, electronics, defence, metal cladding, and real estate, including big projects like the 40-acre Ecopolis IT SEZ in Bengaluru and land projects in Hyderabad. It was started in 1961 in Hyderabad and is owned by the Hinduja Group. The company supplies explosives and defence systems for mining, construction, and space projects, and makes electronic parts for cars and aeroplanes.