



Metals & Mining | Small Cap
Gujarat Mineral Development Corporation Ltd shows a strong financial profile, characterized by exceptional profitability and an almost debt-free status. This combination makes it very stable and resilient, which is a major advantage in the cyclical Metals & Mining industry. The company is highly effective at turning sales into profit and managing its day-to-day operations like selling inventory and collecting payments. Its key strength lies in its solvency, meaning it has very low financial risk from borrowing. However, the company's growth is a significant area of concern, with profits showing high volatility and recent declines. It has also been less efficient in using its large physical assets to generate revenue, partly due to heavy recent investments in new projects. The future outlook depends on whether these large investments can start generating consistent profit growth to overcome the current instability.
Gujarat Mineral Development Corporation Ltd shows a strong financial profile, characterized by exceptional profitability and an almost debt-free status. This combination makes it very stable and resilient, which is a major advantage in the cyclical Metals & Mining industry. The company is highly effective at turning sales into profit and managing its day-to-day operations like selling inventory and collecting payments. Its key strength lies in its solvency, meaning it has very low financial risk from borrowing. However, the company's growth is a significant area of concern, with profits showing high volatility and recent declines. It has also been less efficient in using its large physical assets to generate revenue, partly due to heavy recent investments in new projects. The future outlook depends on whether these large investments can start generating consistent profit growth to overcome the current instability.
Overall Valuation Score
Markets Depth NSE
Buy Orders
Bid
Quantity
Orders
No buy depth
Total
0
0
Sell Orders
Ask
Quantity
Orders
No sell depth
Total
0
0
Markets Today NSE
High
0.00
Low
0.00
Open
0.00
Close
0.00
Prev Close
0.00
Avg Price
0.00
Volume
0
Last Traded Quantity
0
Last Traded Time
N/A
Price Movement Indicator
Today's Low: 0.00
Today's High: 0.00
P/E RATIO (TTM)
18.04
Industry Median
14.03
Small Cap Median
14.83
P/E RATIO
18.69
P/B RATIO
2.53
Industry Median
2.76
Small Cap Median
3.00
P/S RATIO
6.74
Industry Median
2.33
Small Cap Median
3.54
Others
PEG RATIO
2.34
EV/EBITDA RATIO
12.68
The Calculations Shown Above Are Based on the Last Traded Price (LTP) of ₹562.25 as on Sep 1, 2026.
The company's growth performance is its most significant area of weakness and concern. The figures show extreme volatility, particularly in profits. While the company has been expanding its asset base and has shown the ability to grow revenues in the past, its earnings have not followed a stable upward trend. The recent negative growth in both operating profit and net income points to fundamental challenges in maintaining profitability, making its future growth path uncertain.
| Growth Ratios | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue Growth Rate | 105.57 | 28.04 | -29.59 | 15.75 | -6.94 |
| Operating Profit Growth Rate | 12116.67 | 85.44 | -54.45 | 4.6 | -30.46 |
| Earnings Per Share (EPS) Growth | 1351.79 | 170.19 | -50.42 | 14.86 | 39.45 |
| Asset Growth Rate | 18.36 | 18.13 | 5.98 | 5.2 | 15.88 |
| Net Income Growth Rate | 1338.89 | 169.96 | -50.42 | 14.91 | 39.5 |
Revenue Growth Rate
Operating Profit Growth Rate
Earnings Per Share (EPS) Growth
Asset Growth Rate
Net Income Growth Rate
Peer Comparison empowers investors to evaluate a company against its industry peers using key financial metrics like P/E ratio, EPS, and profit margins. It helps identify whether a company is overvalued, undervalued, or performing in line with competitors. Investors can use this data to spot opportunities, assess risks, and make informed decisions. This contextual view adds depth beyond standalone company analysis.
| NO | Company Name | Health Score | P/E Ratio | Valuation | OPM | EPS | Latest Profit & Loss |
|---|---|---|---|---|---|---|---|
| 1 | Gujarat Mineral Development Corporation Ltd | 8.37 | 18.69 | Overvalued | 443.00 | 31.16 | 957.00 |
| 2 | Sandur Manganese & Iron Ores Ltd | 8.37 | 14.83 | Neutral | 1209.00 | 11.17 | 658.00 |
| 3 | MOIL Ltd | 8.08 | 23.94 | Neutral | 137.00 | 13.15 | 74.00 |
| 4 | Tega Industries Ltd | 7.36 | 82.70 | Neutral | 231.00 | 20.69 | 143.00 |
0 Credits RemainingUnlock Deep Technical Insights in Seconds Only with Dhanarthi AI
Overall Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Market Sentiment
Analysis Driven By 26 Technical Indicators From The 1 Hour Timeframe
Trend Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Momentum Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bearish
Volatility Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Bullish
Volume Score
Strong Bearish
Bearish
Neutral
Bullish
Strong Bullish
Neutral
Analyzing moving average trends and crossovers. Green/Red badges indicate if the current condition passes or fails.
Comparing stock price performance (normalized) against benchmark indices over time.
Recent daily trading volume represented as a bar chart, alongside historical averages.
Current closing price relative to the 52-week highest and lowest prices.
No Stock Reports Available at This Moment.
No Stock News Available at This Moment.
Gujarat Mineral Development Corporation Ltd. (GMDC) is a prominent state-owned enterprise in India, primarily engaged in mining lignite, bauxite, fluorspar, and silica sand. It also has a significant presence in power generation, contributing to Gujarat's industrial and energy requirements.
P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Gujarat Mineral Development Corporation Ltd's P/E ratio (TTM) is 18.04, compared to the industry median of 14.03 and large cap median of 14.83.
P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Gujarat Mineral Development Corporation Ltd's P/B ratio is 2.53, compared to the industry median of 2.76 and large cap median of 3.00.
P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Gujarat Mineral Development Corporation Ltd's P/S ratio is 6.74, compared to the industry median of 2.33 and large cap median of 3.54.
PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Gujarat Mineral Development Corporation Ltd's PEG ratio is 2.34.
EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Gujarat Mineral Development Corporation Ltd's EV/EBITDA ratio is 12.68.
Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Gujarat Mineral Development Corporation Ltd's ROE is 13.53%.
Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Gujarat Mineral Development Corporation Ltd's ROA is 4.93%.
Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Gujarat Mineral Development Corporation Ltd's ROCE is 11%.
Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Gujarat Mineral Development Corporation Ltd's operating margin is 16.70%.
Net Margin: Net margin shows what percentage of revenue converts into final net profit. Gujarat Mineral Development Corporation Ltd's net margin is 36.07%.
Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Gujarat Mineral Development Corporation Ltd's current ratio is 3.24.
Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Gujarat Mineral Development Corporation Ltd's debt-to-equity ratio is 0.04.
Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Gujarat Mineral Development Corporation Ltd's interest coverage ratio is 182.14.
Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Gujarat Mineral Development Corporation Ltd's DPS is ₹9.63.
Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Gujarat Mineral Development Corporation Ltd's EPS is 39.45.
(Source line: "Ratios as of 23 Oct 2026, based on last traded price of ₹562.25. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")
Founded: 1963
Headquarters: Ahmedabad, Gujarat
Core Offerings: Lignite mining, Bauxite mining, Fluorspar mining, Silica Sand mining, Power generation
Stock Listing: NSE (GMDCLTD), BSE (532181)
Promoter: Government of Gujarat
1963: Incorporated as a wholly owned Gujarat Government company. 1970s-1980s: Focused on mineral exploration and development, particularly lignite and bauxite projects. 1990s: Commenced large-scale lignite mining operations and diversified into power generation using captive lignite. Early 2000s: Expanded lignite production capacities and modernized mining techniques. Present Day: Continues as a key supplier of industrial minerals and a power generator, supporting state infrastructure and industry.
| Segment Name | Revenue % | EBITDA |
|---|---|---|
| Lignite Mining | 83% | Operating Profit |
| Power | 15% | Operating Profit |
| Other Minerals (Bauxite, Fluorspar, Silica Sand) | 2% | Operating Profit |
Lignite Mining: Operates seven major lignite mines across Gujarat, including Panandhro, Mata No Madh, Akrimota, Tadkeshwar, Valia, Umarsar, and Bhavnagar (proposed). This segment is the largest revenue contributor, supplying fuel for power generation and various industrial applications like ceramics, textiles, and chemicals.
Power Generation: Owns and operates the Akrimota Thermal Power Station (250 MW) in Kutch, fueled by its captive lignite. This segment contributes significantly to the state's energy supply and provides an integrated value chain for GMDC's lignite production.
Other Minerals: Includes mining of Bauxite (raw material for refractory, abrasive, and cement industries), Fluorspar (at Kadipani, Gujarat, critical for steel, aluminium, and chemical sectors), and Silica Sand. These segments cater to specialized industrial demands.
Mr. Roopwant Singh, IAS, Chairman & Managing Director. He is a senior Indian Administrative Service officer, appointed by the Government of Gujarat, bringing extensive experience in public administration and policy to the company's leadership.
No major subsidiaries reported.
No major recent corporate actions on record.
The Gujarat Mineral Development Corporation Ltd share price today is ₹562.25 on NSE (GMDCLTD), as of 24 Oct 2026.
As of 23 Oct 2026, Gujarat Mineral Development Corporation Ltd share price is ₹562.25, with previous close ₹562.25. Today's range is ₹562.25 to ₹562.25. The 52-week range is ₹416.40 to ₹771.90.
As of today, Gujarat Mineral Development Corporation Ltd's market cap is ₹17,879.55 crore (Mid Cap).
Gujarat Mineral Development Corporation Ltd's current P/E ratio is 18.04, compared to the METALS & MINING sector average of 23.50.
Gujarat Mineral Development Corporation Ltd's current P/B ratio is 2.53.
Gujarat Mineral Development Corporation Ltd's current dividend yield is 1.71%. Last dividend of ₹10.90 per share was declared on 01-Sep-2023.
Gujarat Mineral Development Corporation Ltd's EPS (TTM) is ₹39.45.
Gujarat Mineral Development Corporation Ltd. (GMDC) is a prominent state-owned enterprise in India, primarily engaged in mining lignite, bauxite, fluorspar, and silica sand. It also has a significant presence in power generation, contributing to Gujarat's industrial and energy requirements.
Gujarat Mineral Development Corporation Ltd is promoted by Government of Gujarat, holding 74% as of 23 Oct 2026.
Gujarat Mineral Development Corporation Ltd is listed on NSE (GMDCLTD) and BSE (532181). Its next quarterly results are expected on August 2024.