GMDC
Ticker > Company >

GMDC share price

Gujarat Mineral Development Corporation Ltd.

  2.61 L   627   91 NSE: GMDCLTD BSE: 532181 SECTOR: Mining & Minerals

487.80
-19.95 (-3.93%)
BSE: Today, 04:01 PM

Buy on Angel One

Price Summary

Today's High

₹ 507.8

Today's Low

₹ 480

52 Week High

₹ 771.5

52 Week Low

₹ 464.45

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 15512.04 Cr.

Enterprise Value

₹ 15280.47 Cr.

No. of Shares

31.8 Cr.

P/E

15.67

P/B

2.15

Face Value

₹ 2

Div. Yield

1.95 %

Book Value (TTM)

₹  227.41

CASH

₹ 540.12 Cr.

DEBT

₹ 308.55 Cr.

Promoter Holding

74 %

EPS (TTM)

₹  31.12

Sales Growth

-6.93%

ROE

14.71 %

ROCE

18.83%

Profit Growth

45.3 %

Add Your Ratio

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-6.93%
3 Year-8.8%
5 Year14.83%

Profit Growth

1 Year45.3%
3 Year-6.22%
5 Year95.91%

ROE%

1 Year14.71%
3 Year11.92%
5 Year13.73%

ROCE %

1 Year18.83%
3 Year15.52%
5 Year19.11%

Debt/Equity

0.0437

Price to Cash Flow

20.86

Interest Cover Ratio

183.3361

CFO/PAT (5 Yr. Avg.)

0.853471092294676

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2026 74.00 0.00
Mar 2026 74.00 0.00
Dec 2025 74.00 0.00
Sep 2025 74.00 0.00
Jun 2025 74.00 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 183.3361.
  • The Company has been maintaining an effective average operating margins of 25.9292043164698% in the last 5 years.
  • Company’s PEG ratio is 0.346018813532213.
  • The company has an efficient Cash Conversion Cycle of 23.552 days.
  • Company has a healthy liquidity position with current ratio of 4.144.
  • The company has a high promoter holding of 74%.

 Limitations

  • The company has shown a poor profit growth of -6.21647815554993% for the Past 3 years.
  • The company has shown a poor revenue growth of -8.79921303721092% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 732.6 527.58 579.15 814.05 906.64
Total Expenditure 562.7 453.8 476.07 683.61 715.6
Operating Profit 169.9 73.78 103.08 130.44 191.04
Other Income 77.29 108.1 101.28 155.41 76.15
Interest 0.5 0.58 0.69 5.37 6.61
Depreciation 22 21.79 22.16 48.76 33.33
Exceptional Items 0 474.43 0 30.02 0
Profit Before Tax 224.69 633.94 181.51 261.74 227.25
Tax 60.56 163.59 46.36 40.56 64.24
Profit After Tax 164.13 470.35 135.15 221.18 163.01
Adjusted EPS (Rs) 5.16 14.79 4.25 6.96 5.13

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Net Sales 2732.08 3497.88 2462.88 2850.84 2653.38
Total Expenditure 2009.03 2160.72 1852.69 2209.94 2176.18
Operating Profit 723.05 1337.16 610.19 640.9 477.2
Other Income 155.18 392.4 268.98 347.43 423.88
Interest 3.3 2.38 2.93 2.18 7.14
Depreciation 97.98 81.3 79.78 95.37 114.71
Exceptional Items 0 0 0 0 522.65
Profit Before Tax 776.95 1645.88 796.46 890.78 1301.88
Tax 331.74 444.69 200.76 208.86 311.07
Net Profit 445.21 1201.19 595.7 681.92 990.81
Adjusted EPS (Rs.) 14 37.77 18.73 21.44 31.16

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity and Liabilities
Share Capital 63.6 63.6 63.6 63.6 63.6
Total Reserves 4722.38 5682.7 5995.51 6339.63 7004.97
Borrowings 0 0 0 116.58 279.07
Other N/C liabilities 637.68 638.67 699.97 656.96 851.23
Current liabilities 421.84 527.13 567.06 533.83 780.02
Total Liabilities 5845.5 6912.1 7326.14 7710.6 8978.89
Assets
Net Block 1420.26 1365.55 1463.04 1516.04 1979.89
Capital WIP 11.6 14.82 105.43 503.11 215.11
Intangible WIP 11.33 13.67 186.64 271.88 1032.55
Investments 587.06 479.74 553.07 472.58 459.45
Loans & Advances 1301.56 2122.78 1424.82 1426.63 821.74
Other N/C Assets 880.8 907.07 1008.78 1057.7 1237.77
Current Assets 1632.89 2008.48 2584.36 2462.66 3232.38
Total Assets 5845.5 6912.1 7326.14 7710.6 8978.89
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Profit from operations 776.95 1645.88 796.46 890.78 1301.88
Adjustment 11.95 -250.72 -101.83 -108.08 -697.5
Changes in Assets & Liabilities -83.34 -13.65 -349.8 88.5 290.76
Tax Paid -222.27 -446.52 -233.83 196.98 -151.42
Operating Cash Flow 483.3 934.99 111 1068.18 743.72
Investing Cash Flow -675.37 -789.34 253.08 -818.19 -612.87
Financing Cash Flow -6.68 -137.27 -364.55 -183.14 -153.94
Net Cash Flow -198.75 8.39 -0.47 66.85 -23.09

Corporate Actions

Investors Details

Annual Reports

Title Link
Title Link
Annual Report 2025
Annual Report 2024
Annual Report 2023
Annual Report 2022
Annual Report 2021
Annual Report 2020
Annual Report 2019
Annual Report 2018
Annual Report 2017

Ratings & Research Reports

TYPE AGENCY Link
TYPE AGENCY Link
Credit CARE
TYPE AGENCY Link
TYPE AGENCY Link
Research HDFC Securities
Research HDFC Securities
Research Karvy

Concalls & Presentations

TYPE QUARTER Link
TYPE QUARTER Link
Concall Q4FY22
Concall Q3FY23
Concall Q3FY23
Concall Q1FY23
TYPE QUARTER Link
TYPE QUARTER Link
 Currently we do not have any Presentation related to this company.Report us

Company News

GMDC Stock Price Analysis and Quick Research Report. Is GMDC an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse GMDC. 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). GMDC has a PE ratio of 15.6688291032475 which is high and comparatively overvalued.

  • Return on Assets (ROA): Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. GMDC has ROA of 11.8735% which is a bad sign for future performance. (Higher values are always desirable.)

  • Current ratio: The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. GMDC has a Current ratio of 4.144.

  • Return on equity: ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. GMDC has a ROE of 14.7094%. (Higher is better)

  • Debt to equity ratio: It is a good metric to check out the capital structure along with its performance. GMDC has a Debt to Equity ratio of 0.0437 which means that the company has low proportion of debt in its capital.

  • Sales growth: GMDC has reported revenue growth of -6.9264% which is poor in relation to its growth and performance. 

  • Operating Margin: This will tell you about the operational efficiency of the company. The operating margin of GMDC for the current financial year is 17.9846083109091%.

  • Dividend Yield: It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for GMDC is Rs 9.5 and the yield is 1.9726%.

  • Earnings Per Share: It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of GMDC is Rs 31.1223. The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of GMDC in Ticker for free. Also, one can get the intrinsic value of GMDC by using Valuation Calculators, which are available with a Finology ONE subscription. 

GMDC FAQs

Q1. What is GMDC share price today?
Ans: The current share price of GMDC is Rs 487.65.

Q2. What is the market capitalisation of GMDC?
Ans: GMDC has a market capitalisation of Rs 15507.27 Cr., calculated based on its latest share price.

Q3. What are the P/E and P/B ratios of GMDC?
Ans: The PE ratio of GMDC is 15.6688291032475 and the P/B ratio of GMDC is 2.14438177691042, showing how the stock is valued against its earnings and book value.

Q4. What is the 52-week high and low of GMDC share?
Ans: The 52-week high share price of GMDC is Rs 771.9, and the 52-week low share price of GMDC is Rs 466.4.

Q5. Does GMDC pay dividends?
Ans: Currently, GMDC pays dividends. Dividend yield of GMDC is around 1.9726%.

Q6. What are the face value and book value of GMDC shares?
Ans: The face value of GMDC shares is Rs 2, while the book value per share of GMDC is around Rs 227.4082. Face value is the nominal value set by the company, whereas book value reflects its accounting worth.

Q7. What is the debt of GMDC?
Ans: GMDC has a total debt of Rs 308.55 Cr., which affects investor sentiment and financial stability. 

Q8. What are the ROE and ROCE of GMDC?
Ans: The ROE of GMDC is 14.7094% and ROCE of GMDC is 18.8306%. ROE shows how efficiently the company is generating profit from shareholders’ equity, while the ROCE is reflects how efficiently the company uses its capital to generate returns.

Q9. Is GMDC a good buy for the long term?
Ans: The GMDC long-term outlook depends on debt levels, earnings growth, and sector trends. If it sustains profits and manages debt well, it may be considered for long-term investment.

Q10. Is GMDC undervalued or overvalued?
Ans: Based on valuation ratios like P/E, P/B, and EV/EBITDA, one can analyse whether the GMDC appears undervalued or overvalued at current levels. You can check detailed valuation metrics and peer comparisons on Finology Ticker.

Q11. How to check GMDC’s financials?
Ans: You can review GMDC’s financial statements - including balance sheet, income statement, and quarterly results - on Finology Ticker.

Last Updated on:
Brief about GMDC

GMDC Share Price, Business Overview & Latest News

The GMDC share price has been on a remarkable rally, surging over 35% in September 2025 to hit a new 52-week high of Rs 547. As of September 9, 2025, the stock was trading around Rs 523, showcasing strong investor confidence driven by the company's strategic push into rare earth elements and solid market momentum.

About Gujarat Mineral Development Corporation Ltd. (GMDC)

Gujarat Mineral Development Corporation (GMDC) is a state-owned enterprise established in 1963 to develop Gujarat's mineral resources. As India's second-largest lignite producer, GMDC is a key supplier to high-growth industries like textiles, chemicals, ceramics, and captive power plants. Beyond its core business of lignite mining, GMDC has diversified its portfolio to include:

  • Other Minerals: Mining of bauxite, fluorspar, and other industrial minerals.

  • Power Generation: Operating in the power sector with assets in thermal, wind, and solar energy.

  • Rare Earth Elements (REE): A strategic focus on developing rare earth mineral deposits, positioning the company at the forefront of India's critical minerals strategy.

GMDC Share Price Performance

  • Current Share Price (Sep 9, 2025): Rs 523.55

  • Market Capitalization: Approximately Rs 17,140 Crore

  • 52-Week High / Low: Rs 547.00 / Rs 226.59

  • Recent Performance: The stock has delivered exceptional returns, gaining over 107% in the last six months and more than 1,100% over the past five years, achieving "multibagger" status.

Latest News: Why the GMDC Share Price is Rallying

The primary driver behind the recent surge in the GMDC share price is the company's ambitious plan for mining Rare Earth Elements (REE).

  • Strategic Push into Rare Earths: GMDC is actively developing rare earth deposits in Gujarat's Chhota Udaipur district. This move aligns with the Indian government's goal of achieving self-reliance in critical minerals, which are essential for manufacturing electric vehicles (EVs), renewable energy equipment, and high-tech electronics.

  • Strong Investor Sentiment: The market has reacted positively to GMDC's strategic shift, viewing it as a long-term growth catalyst. This has led to high trading volumes and a sharp increase in the stock price, with gains of nearly 19% in just two sessions in early September.

  • Profit Booking and Volatility: Following the sharp rally, the stock experienced some profit booking, with the price correcting from its 52-week high. However, it remains significantly up for the month, indicating sustained investor interest.

Despite a recent dip in quarterly earnings, with a net profit of Rs 164 crore (down 11% YoY) and revenue of Rs 810 crore (down 8% YoY), the company's strong, debt-free balance sheet and promising future in rare earth mining have kept investor confidence high.

What You Can Find on This Company Page

This page is your comprehensive resource for all information related to GMDC Ltd. Here’s what you can access:

  • Live GMDC Share Price and Charts: Track real-time price movements and analyse historical performance.

  • In-Depth Financial Analysis: Access detailed financial statements, including Profit & Loss, Balance Sheet, and Cash Flow data.

  • Key Ratios and Valuations: Review essential metrics like P/E ratio, P/B ratio, and dividend yield for a thorough valuation.

  • Shareholding Pattern: Get a clear picture of the company's ownership structure.

  • Latest News and Updates: Stay informed about the latest company announcements, developments in the rare earth mining project, and other market-moving news.

  • Corporate Actions: Keep track of important events such as dividends, AGMs, and bonus issues.

Frequently Asked Questions (FAQs) about GMDC Share Price

Q1: What is the current share price of GMDC?
As of September 9, 2025, the GMDC share price is around Rs 523.

Q2: What is the main reason for the recent rally in GMDC's stock?
The rally is primarily driven by the company's strategic move into mining Rare Earth Elements (REE), which are critical for high-growth sectors like EVs and renewable energy.

Q3: What is GMDC's core business?
GMDC is India's second-largest producer of lignite and has diversified into other minerals and power generation. Its new focus is on rare earth mining.

Q4: How has the stock performed in the long term?
GMDC has been a "multibagger" stock, delivering returns of over 1,100% in the last five years.

Q5: Where can I find the latest news and financial data for GMDC?
This page provides real-time updates on the GMDC share price, financial data, latest news, and corporate actions to help you stay informed.

Read More
X