5nance5nance
5nance5nance
HomeScreens
LOGINGET FREE ACCOUNT

Gujarat Mineral Development Corporation Ltd.

•
gmdcltd.comBSE: 532181NSE: GMDCLTD
Market Cap₹ 18,291 Cr.
Current Price
High / Low₹ 772 / 466
Stock P/E18.5
Book Value₹ 227
Price to Book2.55
Dividend Yield1.65 %
ROCE18.8 %
ROE14.7 %
Face Value₹ 2

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • Mining Projects: 91.9% • Power Project: 8.1%

AI Sector View

AI GENERATED

Metals & Mining

Hold

The sector backdrop is mixed. Iron ore output was very strong at 29.5% YoY (2026-07), but steel slowed to 2.9% YoY (2026-07), finished steel consumption was 8.0% YoY (2026-06), and headline mining production was still -0.9% (Jul/26). FPI outflows of INR -2349 crore over 3 months to 2026-08-31 also argue against an aggressive overweight.

Confidence
61%
View full sector analysis →

PROS

  • Company is almost debt free
  • Company has been maintaining a healthy dividend payout of 30.5%
  • Company comfortably covers its interest (183.3x coverage)
  • Company has a consistent dividend-paying track record
  • Company generates healthy free cash flow

CONS

  • A large part of profit comes from other income (32.6% of PBT)
  • Total debt has risen sharply - up 151.3% year on year
  • Operating margins have contracted to 17.9% from 49.4%
  • Working capital days have increased from 246 to 336 days

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Metals & MiningMiningMining & Minerals
Part ofNIFTY500MOMENTM50NIFTY TOTAL MKTNIFTY 500NIFTY SMLCAP 250NIFTY MULTI MQ 50
S.No.Name
1.COALINDIA425.608.41262285.726.238849.811.3246254.8045.0935.4326.61
2.NMDC82.459.7272488.544.251976.230.436795.250.8427.9835.89
3.KIOCL355.85556.2521626.820.00-15.4859.04158.0173.79-10.27-16.83
4.GMDCLTD575.2019.1318291.361.65163.43-0.21906.6423.7618.2821.12
5.SANDUMA190.3512.909253.010.262278.501263.6413747.801110.8523.7824.91
6.ASHAPURMIN542.6012.745183.250.37108.31-4.911616.1219.2220.6411.63
7.MOIL245.1567.354988.442.17513.84—2677.04—12.6428.40
8.DECNGOLD229.801331.694618.310.00-87.26-210.256.031462.18-20.83-826.53
9.ORISSAMINE3954.550.002372.730.00-7.6175.8028.99330.83-44.94-32.24
10.20MICRONS208.5010.86735.720.6017.745.22244.72-0.9917.8313.13
11.ASOCSTONE25.018.98225.281.607.972887.4144.18-25.1313.6327.86
12.OSWALMIN28.901.0722.400.00————5.85—
Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
766383564750818593653786733528579814907
519330443561606451561592563454476684756
Operating Profit247531211892121429319417074103130151
OPM %32.23%13.87%21.48%25.21%25.91%23.93%14.22%24.67%23.19%13.98%17.80%16.02%16.67%
6177607160621151177758310118576
Interest1111111001157
Depreciation19182022212126272222224933
Profit before Tax288111161236250183180284225634182262227
Tax %25.11%31.20%27.04%21.26%26.05%29.23%17.54%20.71%26.95%25.81%25.54%15.50%28.27%
Net Profit21676117186185129149225164470135221163
6.782.403.695.855.804.074.687.095.1614.794.256.965.13

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
1,5372,0511,8801,4491,3292,7323,4982,4632,8512,6532,827
1,1161,4991,3191,3211,3322,0092,1611,8532,2102,1762,369
Operating Profit421552560128-37231,337610641477458
OPM %27.37%26.90%29.81%8.84%-0.22%26.47%38.23%24.78%22.48%17.98%16.21%
179119-155169-245155392269347947945
Interest122223232713
Depreciation15111996929498818095115126
Profit before Tax447551307203-3447771,6467968911,3021,304
Tax %27.24%22.22%54.85%28.67%89.29%42.70%27.02%25.21%23.45%23.89%24.13%
Net Profit325428139145-374451,201596682991990
EPS10.2313.474.364.56-1.1614.0037.7718.7321.4431.16—
Dividend Payout %29.34%25.99%45.86%43.83%-17.24%30.71%30.31%50.98%47.10%30.49%—

COMPOUNDED SALES GROWTH

10 Years:
8%
5 Years:
15%
3 Years:
-9%

COMPOUNDED PROFIT GROWTH

10 Years:
16%
5 Years:
—
3 Years:
-6%

STOCK PRICE CAGR

10 Years:
20%
5 Years:
53%
3 Years:
30%
1 Year:
12%

RETURN ON EQUITY

10 Years:
9%
5 Years:
14%
3 Years:
12%
Last Year:
15%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Corporate actions

2026

Sep 23

₹ 4.75

Rs.9.5000 per share(475%)Dividend

2025

Sep 18

₹ 5.05

Rs.10.1000 per share(505%)Dividend

2024

Sep 20

₹ 4.77

Rs.9.5500 per share(477.5%)Dividend

2023

Sep 22

₹ 5.72

Rs.11.4500 per share(572.5%)Dividend

2022

Sep 22

₹ 2.15

Rs.4.3000 per share(215%)Dividend

2021

Nov 17

₹ 0.10

Rs.0.2000 per share(10%)Final Dividend

2020

Dec 22

₹ 1

Rs.2.0000 per share(100%)Dividend

2018

Sep 19

₹ 1.75

Rs.3.5000 per share(175%)Dividend

2017

Sep 20

₹ 1.50

Rs.3.0000 per share(150%)Dividend

2016

Sep 21

₹ 1.50

Rs.3.0000 per share(150%)Dividend

2015

Sep 23

₹ 1.50

Rs.3.0000 per share(150%)Dividend

2026

Sep 7

₹ 4.75

Rs.9.5000 per share(475%)Dividend

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital64646464646464646464
3,9054,3374,2223,9993,9694,7225,6835,9966,3407,005
5239503520171868152328
Trade Payables97110110137176209206286242259
9648897267896508339429139141,323
Total Liabilities5,0825,4395,1725,0244,8785,8456,9127,3267,7118,979
1,9542,0522,0381,9661,4941,4201,3661,4631,5161,980
Capital Work in Progress21111461215105503215
657863426259292587480553473459
6972989598901071069196
00000001018572
Cash & Bank223060712436676506556540
2,3572,4112,5492,6292,7463,6714,8694,4914,4875,617
Total Assets5,0825,4395,1725,0244,8785,8456,9127,3267,7118,979

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
591531341165217061,3821111,068744
Cash from Investing-352-220218285-675-789253-818-613
Cash from Financing-115-97-134-77-63-7-137-365-183-154
-1083011172-1998-067-23

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026

Shareholding Pattern

Numbers in percentages

Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
74.0074.0074.0074.0074.0074.0074.0074.00
1.681.942.152.253.322.303.763.66
0.780.750.760.790.760.860.940.81
Government0.000.000.000.000.000.000.000.00
23.5423.3223.0922.9621.9222.8421.3121.53

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-07
Copy of Newspaper Publication

2026-09-07 - Gujarat Mineral Development Corporation Limited has informed the Exchange about Copy of Newspaper Publication

2026-09-05
Shareholders meeting

2026-09-05 - Gujarat Mineral Development Corporation Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 30, 2026

2026-09-04
General Updates

2026-09-04 - Gujarat Mineral Development Corporation Limited has informed the Exchange about probable data breach incident

2026-09-03
General Updates

2026-09-03 - Gujarat Mineral Development Corporation Limited has informed the Exchange about Intimation of 63rd Meeting of the Company

2026-09-03
Record Date

2026-09-03 - Gujarat Mineral Development Corporation Limited has informed the Exchange that Record date for the purpose of Dividend is 23-Sep-2026.

2026-07-31
Outcome of Board Meeting

2026-07-31 - Gujarat Mineral Development Corporation Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.

2026-07-15
General Updates

2026-07-15 - Gujarat Mineral Development Corporation Limited has informed the Exchange about General Updates

2026-07-07
Certificate under SEBI (Depositories and Participants) Regulations, 2018

2026-07-07 - Gujarat Mineral Development Corporation Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

2026-06-29
Trading Window

2026-06-29 - Gujarat Mineral Development Corporation Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

News

Recent coverage and analyst commentary for GMDCLTD

Loading news…

🤖

AI Stock Analyst

Gujarat Mineral Development Corporation Ltd.

🔒

Sign in to Chat with AI

Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.

✨ Sign In to Chat

Free 5nance Account

5nance5nance

Stock analysis and screening tool

5nanceAI © 2020-2026

Made with ❤️ in India.

Data provided by Accord Fintech

Terms & Privacy.

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nance5nance

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nanceAI © 2020-2026

Data provided by Accord Fintech

Made with ❤️ in India.

HomeScreens
Login