Gujarat Mineral Development Corporation
Gujarat Mineral Development Corporation Limited valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Gujarat Mineral Development Corporation Limited, framed against the sector median so the premium or discount is obvious at a glance.
Gujarat Mineral Development Corporation Limited trades at a P/E of 18.81× and P/B of 2.54×.
Valuation
Profitability
Growth
Financial Health
Gujarat Mineral Development Corporation Limited chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Gujarat Mineral Development Corporation Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Gujarat Mineral Development Corporation Limited financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Gujarat Mineral Development Corporation Limited, switchable between annual and quarterly views, consolidated or standalone.
Gujarat Mineral Development Corporation Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹19,080 Cr and reported EPS of ₹30.09.
| Period | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 1,880 | 1,521 | 1,339 | 2,732 | 3,501 | 2,463 | 2,851 | 2,653 |
| Other Income | 145 | 171 | 153 | 157 | 394 | 270 | 355 | 424 |
| Total Income | 2,024 | 1,692 | 1,492 | 2,889 | 3,895 | 2,733 | 3,206 | 3,077 |
| Cost of Goods Sold (COGS) | -6 | 2 | -2 | 6 | -10 | 3 | 13 | -6 |
| Gross Profit | 1,886 | 1,519 | 1,341 | 2,726 | 3,512 | 2,460 | 2,838 | 2,659 |
| +Operating Expenses | 1,330 | 1,336 | 1,351 | 2,047 | 2,164 | 1,834 | 2,199 | 2,215 |
| EBITDA | 556 | 183 | -10 | 679 | 1,348 | 626 | 639 | 444 |
| +Non-Operating Expenses | -116 | 93 | -300 | 100 | 83 | 82 | 98 | 645 |
| Profit Before Tax (PBT) | 388 | 260 | -350 | 735 | 1,658 | 815 | 896 | 1,268 |
| +Tax Expense | 169 | 58 | -308 | 332 | 445 | 201 | 209 | 311 |
| Total Profit for Period | 220 | 204 | -39 | 405 | 1,216 | 617 | 686 | 957 |
| Net Profit (Owner's PAT) | 220 | 204 | -39 | 405 | 1,216 | 617 | 686 | 957 |
| Earnings Per Share (EPS) | 6.91 | 6.42 | -1.24 | 12.74 | 38.23 | 19.41 | 21.57 | 30.08 |
| Diluted Shares Outstanding (Nos.) | 32 | 32 | 32 | 32 | 32 | 32 | 32 | 32 |
| +Additional Disclosures | 1,295 | 1,270 | 1,487 | 2,462 | 2,127 | 2,002 | 2,252 | 2,321 |
| Sales Growth % | — | -19.08 | -11.95 | 104.00 | 28.16 | -29.66 | 15.75 | -6.93 |
| YoY Sales Growth % | — | -19.08 | -11.95 | 104.00 | 28.16 | -29.66 | 15.75 | -6.93 |
| Employee Cost % | 7 | 9 | 10 | 5 | 5 | 6 | 5 | 7 |
| Other Cost % | 64 | 78 | 91 | 70 | 57 | 68 | 72 | 76 |
| OPM % | 30 | 12 | -1 | 25 | 38 | 25 | 22 | 17 |
| Tax % | 43 | 22 | 88 | 45 | 27 | 25 | 23 | 25 |
| Profit Growth % | — | -7.16 | -119.28 | 1,129.31 | 200.20 | -49.23 | 11.11 | 39.50 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| +Additional Fields | 460 | 92 | -104 | 581 | 1,267 | 547 | 543 | 329 |
Gujarat Mineral Development Corporation segment analysis: revenue and profit mix.
Disclosed business segments at Gujarat Mineral Development Corporation with their share of revenue and profit, switchable between consolidated and standalone reporting.
Gujarat Mineral Development Corporation discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Gujarat Mineral Development Corporation Limited investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Gujarat Mineral Development Corporation Limited, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Gujarat Mineral Development Corporation Limited's investment case rests on 7 positive markers and 8 flagged concerns drawn from the latest reported filings.
What you're getting.
High promoter holding of 74% demonstrates strong confidence from the management in the company's future prospects and stability, aligning interests with long-term shareholder value.
The company maintains a very low debt-to-equity ratio of 0.02, indicating a robust financial structure with minimal reliance on external borrowing, enhancing financial resilience.
GMDCLTD exhibits a healthy Return on Equity (ROE) of 10.90% and Return on Capital Employed (ROCE) of 14.10%, showcasing efficient capital utilization and strong profitability.
The recent increase in FII holding from 1.68% in Q3 2024 to 3.32% in Q3 2025 indicates growing foreign institutional investor confidence, potentially driving future stock appreciation.
Operating in the "Metals & Mining" sector, GMDCLTD stands to benefit from increasing demand driven by infrastructure development and industrial growth, offering long-term expansion potential.
What can break it.
The company reported a concerning quarterly sales decline of -10.40% and a profit after tax decrease of -11.00%, indicating recent operational headwinds and potential revenue pressure.
GMDCLTD's Price-to-Earnings (PE) ratio of 28.30 is notably higher than the sector PE of 20.72, suggesting the stock might be overvalued compared to its industry peers.
The relatively low public shareholding, around 23%, could potentially limit stock liquidity and increase price volatility, making it less attractive for some institutional investors.
A declining trend in DII holding from 2.11% in Q2 2022 to 0.76% in Q3 2025 suggests reduced institutional interest, which could impact investor sentiment negatively.
Intense competition from larger and more efficient peers like NMDC, with a significantly lower PE of 9.60 and higher ROCE of 29.59%, could pressure GMDCLTD's market share and profitability.
What would change my mind.
Trim if P/E re-rates above 24. The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 4.98. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 9%. The operating engine is no longer compounding capital efficiently.
Gujarat Mineral Development Corporation Limited peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Gujarat Mineral Development Corporation Limited is highlighted for quick read-across.
Quick Compare
Gujarat Mineral Development Corporation Limited technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Gujarat Mineral Development Corporation Limited — derived from the live tape, not yesterday's close.
Gujarat Mineral Development Corporation Limited last traded at ₹601.4 with an intraday range of ₹600–₹616.55 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹601.40| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 645.07 | +43.67 | +7.26% |
| R3 | 628.52 | +27.12 | +4.51% |
| R2 | 622.53 | +21.13 | +3.51% |
| R1 | 611.97 | +10.57 | +1.76% |
| PIVOT | 605.98 | 4.58 | 0.76% |
| CURRENT | 601.40 | — | — |
| S1 | 562.32 | -39.08 | -6.50% |
| S2 | 578.87 | -22.53 | -3.75% |
| S3 | 589.43 | -11.97 | -1.99% |
| S4 | 595.42 | -5.98 | -0.99% |
GMDCLTD is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 608.4 ~ 616.55
Trading Below opening range, showing Bearishness
Gujarat Mineral Development Corporation Limited delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Gujarat Mineral Development Corporation Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Gujarat Mineral Development Corporation Limited stood at 39.7% of traded volume, against a 20-day average of 32.4%.
Gujarat Mineral Development Corporation announcements: results, concalls, ratings, M&A.
Filings Gujarat Mineral Development Corporation sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Gujarat Mineral Development Corporation files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 56 documents below.
Press Release
Gujarat Mineral Development Corporation Limited has informed the Exchange regarding a press release dated Jun 02, 2026, titled "GMDC Partners with…
Certificate under SEBI (Depositories and Participants) Regulations, 2018
Gujarat Mineral Development Corporation Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations,…
General Updates
Gujarat Mineral Development Corporation Limited has informed the Exchange about General Updates
General Updates
Gujarat Mineral Development Corporation Limited has informed the Exchange about General Updates
Trading Window
Gujarat Mineral Development Corporation Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of…
Investor decks & rating reports.
Gujarat Mineral Development Corporation dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Gujarat Mineral Development Corporation has declared, sequenced by announce and record date.
Gujarat Mineral Development Corporation corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Gujarat Mineral Development Corporation Limited: business, sector, key facts.
What Gujarat Mineral Development Corporation Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Gujarat Mineral Development Corporation Limited operates in the Metals & Mining, listed as NSE: GMDCLTD, BSE: 532181.
Gujarat Mineral Development Corporation Limited
Gujarat Mineral Development Corporation Limited (GMDCL) is an Indian company primarily involved in the mining and processing of various minerals. Its operations span a wide range of mineral exploration and extraction activities, including lignite, bauxite, fluorspar, manganese, silica sand, limestone, bentonite, and ball clay. This diverse portfolio allows GMDCL to cater to a multitude of industrial sectors.
The company's business is structured into two main segments: Mining and Power. The Mining segment focuses on the exploration, extraction, and processing of the aforementioned minerals. These minerals find applications in a vast array of industries, contributing to diverse manufacturing processes and final products. Examples include their use in textiles, chemicals, construction materials (like bricks and cement), aluminum production, iron and steel manufacturing, oil and gas extraction, and various other industrial applications. The breadth of their mineral output supports a complex and interconnected web of downstream industries.
The Power segment of GMDCL's operations involves electricity generation leveraging diverse renewable and non-renewable sources. This includes thermal power generation, alongside investments in wind and solar energy sources. This diversification reflects a commitment to energy security and sustainability, reducing reliance on a single power generation method.
In summary, GMDCL's business model integrates resource extraction with power generation. The company's broad range of mineral products supports numerous industrial sectors, while its power generation capabilities further enhance its operational independence and contribute to the overall energy mix of the region. Established in 1963 and headquartered in Ahmedabad, India, GMDCL has a long history of contributing to the country's mineral and energy landscape.
Questions investors ask about Gujarat Mineral Development Corporation Limited (GMDCLTD).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Gujarat Mineral Development Corporation Limited (GMDCLTD)?
The current share price of Gujarat Mineral Development Corporation Limited (GMDCLTD) is ₹601.4. Today, the stock has declined by ₹13.60 (2.21%), trading in a range of ₹600 to ₹616.55. The stock opened at ₹615 with a trading volume of 8,95,453 shares.
02Is Gujarat Mineral Development Corporation Limited stock a good investment for long-term?
Gujarat Mineral Development Corporation Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹19,080 crores, P/E ratio of 18.81, ROE of 14.19%, and ROCE of 14.10%. The dividend yield stands at 1.68%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Gujarat Mineral Development Corporation Limited stock?
The 52-week high price of Gujarat Mineral Development Corporation Limited (GMDCLTD) is ₹771.9, while the 52-week low is ₹374.8. Currently trading at ₹601.4, the stock is 57.1% away from its 52-week low and 22.1% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Gujarat Mineral Development Corporation Limited stock at the current price?
Whether to buy Gujarat Mineral Development Corporation Limited stock at ₹601.4 depends on multiple factors. The stock is currently trading with a P/E ratio of 18.81 and P/B ratio of 2.54. Today's performance shows a loss of 2.21%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Gujarat Mineral Development Corporation Limited and when is the next dividend?
Gujarat Mineral Development Corporation Limited offers a dividend yield of 1.68%, which means for every ₹100 invested at the current price of ₹601.4, you can expect to receive approximately ₹1.68 annually as dividends. The face value of the stock is ₹2.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Gujarat Mineral Development Corporation Limited?
Gujarat Mineral Development Corporation Limited's key financial metrics include: P/E Ratio: 18.81, P/B Ratio: 2.54, ROE: 14.19%, ROCE: 14.10%, Dividend Yield: 1.68%, EPS: ₹30.09, Book Value: ₹222.29, and Debt-to-Equity: 4.48. The company's market cap stands at ₹19,080 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Gujarat Mineral Development Corporation Limited stock performing today in the market?
Gujarat Mineral Development Corporation Limited stock opened at ₹615 and is currently trading at ₹601.4, showing a decline of ₹13.60 (2.21%). The intraday high is ₹616.55 and low is ₹600. The trading volume stands at 8,95,453 shares, indicating moderate market participation today.
08What is the P/E ratio of Gujarat Mineral Development Corporation Limited and what does it indicate?
Gujarat Mineral Development Corporation Limited has a Price-to-Earnings (P/E) ratio of 18.81, which means investors are willing to pay ₹18.81 for every ₹1 of earnings. With an EPS of ₹30.09, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Gujarat Mineral Development Corporation Limited (GMDCLTD) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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