Is Gujarat Mineral Development Corporation a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Gujarat Mineral Development Corporation Ltd is a average quality company .

Is Gujarat Mineral Development Corporation undervalued or overvalued?

The key valuation ratios of Gujarat Mineral Development Corporation Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Gujarat Mineral Development Corporation share price return in the past 10 years?

Gujarat Mineral Development Corporation Ltd share price has appreciated 12.3% annually (CAGR) over the past ten years.

Is Gujarat Mineral Development Corporation a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Gujarat Mineral Development Corporation Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

What is the share price of Gujarat Mineral Development Corporation?

Company share prices are keep on changing according to the market conditions. The closing price of Gujarat Mineral Development Corporation on 12-May-2025 at 11:49 is 311.65.

What is the P/E ratio of Gujarat Mineral Development Corporation?

The latest standalone P/E ratio of Gujarat Mineral Development Corporation as of 12-May-2025 is 14.05.

What is the P/B ratio of Gujarat Mineral Development Corporation?

The latest standalone P/B ratio of Gujarat Mineral Development Corporation as of 12-May-2025 is 1.49.

What is the 52-week high and low of Gujarat Mineral Development Corporation?

The 52-week high of Gujarat Mineral Development Corporation is Rs. 442.30 and the 52-week low is Rs. 226.20.

What is the TTM revenue of Gujarat Mineral Development Corporation?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Gujarat Mineral Development Corporation is Rs. 2815.30 (Cr.).

Gujarat Mineral Development Corporation Ltd - Stock Valuation and Financial Performance

Name: Gujarat Mineral Development Corporation
Brand: Gujarat Mineral Development Corporation

BSE: 532181 | NSE: GMDCLTD | Mining & Minerals | Small Cap

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GMDC Share Price

₹311.65 17.05 5.79%
as on 12-May'25 11:49

10 Year X-Ray of GMDC:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	20.9%	9.3%	11.8%	13.2%	7.1%	4.9%	-8.5%	17.7%	31.3%	13.8%	-
Value Creation Index ⓘ	0.5	-0.3	-0.2	-0.1	-0.5	-0.7	-1.6	0.3	1.2	0.0	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	1,419	1,179	1,537	2,051	1,880	1,449	1,329	2,732	3,498	2,463	2,815
Sales YoY Gr.	-	-16.9%	30.4%	33.5%	-8.4%	-22.9%	-8.3%	105.6%	28%	-29.6%	-
Adj EPS ⓘ	13.3	7.1	10.2	13.5	10.9	4.6	-1.2	14	37.8	19.3	21
YoY Gr.	-	-47.2%	44.8%	31.8%	-19%	-58.3%	-125.5%	NA	170%	-49%	-
BVPS (₹) ⓘ	101.9	115.2	124.8	138.4	134.8	127.8	126.8	150.5	180.7	191	198.2
Adj Net Profit ⓘ	424	224	325	428	347	145	-37	445	1,201	613	667
Cash Flow from Ops. ⓘ	91.7	208	457	325	143	5.6	149	483	935	110	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	6.3%	5.6%	22.8%	-29.6%
Adj EPS ⓘ	4.2%	12.1%	NA	-49%
BVPSⓘ	7.2%	7.2%	14.6%	5.7%
Share Price	12.3%	54.7%	19.8%	-20.6%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	13.9	6.5	8.5	10.2	8	3.5	-0.9	10.1	22.8	10.4	10.8
Op. Profit Mgn % ⓘ	36.7	25.4	27.4	26.9	29.8	8.8	-0.2	26.5	38.2	25.5	23.2
Net Profit Mgn % ⓘ	29.9	19	21.1	20.9	18.5	10	-2.8	16.3	34.3	24.9	23.7
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	-
Working Cap Days ⓘ	476	642	522	413	478	620	731	428	445	689	171
Cash Conv. Cycle ⓘ	5	13	5	0	2	16	14	-6	-5	-13	138

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 22.83%

Sales growth is good in last 4 quarters at 14.20%

Return on Equity has declined versus last 3 years average to 10.80%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Gujarat Mineral Development Corporation Ltd.

	Standalone	Consolidated
TTM EPS (₹)	21	21
TTM Sales (₹ Cr.)	2,815	2,815
BVPS (₹.) ⓘ	198.2	199.5
Reserves (₹ Cr.) ⓘ	6,239	6,279
P/BV ⓘ	1.49	1.48
PE ⓘ	14.05	14.05

From the Market
52 Week Low / High (₹)	226.20 / 442.30
All Time Low / High (₹)	2.52 / 505.00
Market Cap (₹ Cr.)	9,368
Equity (₹ Cr.)	63.6
Face Value (₹)	2
Industry PE ⓘ	12.8

Management X-Ray of GMDC:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of GMDC

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

No data found!

Key Ratios of GMDC

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	1,419	1,179	1,537	2,051	1,880	1,449	1,329	2,732	3,498	2,463
Operating Expenses ⓘ	899	879	1,116	1,499	1,319	1,321	1,332	2,009	2,161	1,836
Manufacturing Costs	660	552	669	840	803	844	892	1,450	1,856	1,514
Material Costs	-3	4	-27	-3	-6	2	-2	6	-10	3
Employee Cost	96	106	104	188	122	144	131	133	158	148
Other Costs ⓘ	146	218	370	473	400	332	311	420	156	171
Operating Profit ⓘ	520	300	421	552	560	128	-3	723	1,337	627
Operating Profit Margin (%)	36.6%	25.4%	27.4%	26.9%	29.8%	8.8%	-0.2%	26.5%	38.2%	25.5%
Other Income ⓘ	146	151	179	119	142	169	151	155	392	269
Interest ⓘ	2	1	1	2	2	2	2	3	2	3
Depreciation ⓘ	137	131	151	119	96	92	94	98	81	79
Exceptional Items ⓘ	109	0	0	0	-298	0	-397	0	0	0
Profit Before Tax ⓘ	636	318	447	551	307	203	-344	777	1,646	814
Tax ⓘ	136	94	122	122	169	58	-308	332	445	201
Profit After Tax	500	225	325	428	139	145	-37	445	1,201	614
PAT Margin (%)	35.3%	19.1%	21.2%	20.9%	7.4%	10.0%	-2.8%	16.3%	34.3%	24.9%
Adjusted EPS (₹)	15.7	7.1	10.2	13.5	4.4	4.6	-1.2	14.0	37.8	19.3
Dividend Payout Ratio (%)	19%	42%	29%	26%	46%	44%	-17%	31%	30%	49%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	3,242	3,664	3,969	4,401	4,286	4,063	4,033	4,786	5,746	6,073
Share Capital ⓘ	64	64	64	64	64	64	64	64	64	64
Reserves ⓘ	3,178	3,601	3,905	4,337	4,222	3,999	3,969	4,722	5,683	6,010
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0	0	0	0	0	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Trade Payables	51	68	97	110	110	137	176	209	206	272
Others Liabilities ⓘ	889	937	1,016	929	776	824	670	851	960	979
Total Liabilities ⓘ	4,182	4,669	5,082	5,439	5,172	5,024	4,878	5,845	6,912	7,324
Fixed Assets
Gross Block	2,818	1,844	2,227	2,442	2,522	2,543	2,560	2,583	2,608	2,781
Accumulated Depreciation	1,062	127	272	390	484	578	670	1,163	1,242	1,316
Net Fixed Assetsⓘ	1,756	1,717	1,954	2,052	2,038	1,966	1,890	1,420	1,366	1,464
CWIP ⓘ	46	31	21	11	1	4	6	23	28	291
Investmentsⓘ	299	570	657	863	426	259	292	587	480	553
Inventories	52	44	69	72	98	95	98	90	107	106
Trade Receivables	81	97	119	111	147	140	145	205	185	101
Cash Equivalents	9	32	22	30	60	71	243	66	76	488
Others Assetsⓘ	1,938	2,177	2,238	2,300	2,401	2,489	2,204	3,454	4,670	4,319
Total Assets ⓘ	4,182	4,669	5,082	5,439	5,172	5,024	4,878	5,845	6,912	7,324

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	92	208	457	325	143	6	149	483	935	110
PBT ⓘ	527	318	447	551	307	203	-344	777	1,646	814
Adjustment ⓘ	18	16	15	38	304	-36	433	12	-251	-96
Changes in Working Capital ⓘ	-345	32	130	-58	-271	-3	-68	-83	-14	-375
Tax Paid ⓘ	-218	-158	-134	-206	-198	-159	129	-222	-447	-234
Cash Flow From Investing Activity ⓘ	-13	-70	-352	-220	21	82	85	-675	-789	237
Capex	-74	-155	-459	-206	-71	-10	-12	-39	-25	-474
Net Investments	-39	-25	-1	-101	0	0	0	-721	-869	523
Others ⓘ	100	111	107	87	92	91	97	84	105	188
Cash Flow From Financing Activityⓘ	-111	-115	-115	-97	-134	-77	-63	-7	-137	-365
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Dividend Paid ⓘ	-111	-115	-95	-95	-111	-64	-64	-6	-137	-364
Others ⓘ	0	0	-19	-2	-23	-13	1	0	-1	0
Net Cash Flow ⓘ	-33	23	-10	8	30	11	172	-199	8	-18

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	16.39	6.5	8.52	10.23	3.19	3.48	-0.91	10.1	22.81	10.38
ROCE (%)	20.89	9.25	11.75	13.2	7.12	4.92	-8.46	17.7	31.3	13.83
Asset Turnover Ratio	0.36	0.28	0.33	0.4	0.36	0.3	0.27	0.51	0.55	0.35
PAT to CFO Conversion(x)	0.18	0.92	1.41	0.76	1.03	0.04	N/A	1.09	0.78	0.18
Working Capital Days
Receivable Days	16	27	25	20	25	34	39	23	20	21
Inventory Days	12	14	13	12	17	23	26	13	10	16
Payable Days	-8,333	5,676	-1,096	0	-6,343	0	0	0	-7,358	0

Gujarat Mineral Development Corporation Ltd Stock News

Gujarat Mineral Development Corporation Ltd FAQs

What is the share price of GMDC?

Company share prices are keep on changing according to the market conditions. The closing price of GMDC on 12-May-2025 11:49 is ₹311.6.

What is the market cap of GMDC?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 12-May-2025 11:49 the market cap of GMDC stood at ₹9,368.3.

What is the P/E ratio of GMDC?

The latest P/E ratio of GMDC as of 12-May-2025 11:49 is 14.05.

What is the P/B ratio of GMDC?

The latest P/B ratio of GMDC as of 12-May-2025 11:49 is 1.49.

What is the 52-week high and low of GMDC?

The 52-week high of GMDC is ₹442.3 and the 52-week low is ₹226.2.

What is the TTM revenue of GMDC?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of GMDC is ₹2,815 ( Cr.) .

About Gujarat Mineral Development Corporation Ltd

Gujarat Mineral Development Corporation (GMDC) was incorporated on 15th May, 1963 to develop major Mineral Resources in the State and started with a Silica Sand quarrying Plant near Surajdeval (Dist. Surendranagar) for crushing and screening of Silica Sand required for Glass Industry. From this humble starting, GMDC today boasts of a vast array of Mineral Portfolio in its mineral rich basket. Hence, the journey of GMDC begins for Mining Sector of Gujarat.

The Fledgling State acutely the need to have a rapid Industrial Development, for requires Fuel and Energy resources. The motive inspired the state to incorporate a Public Sector Company that would target exclusive development of Mineral Resources endowed on the state. Thus, began a historical journey which has today reached a milestone of Glorious fifty five years.

Business area of the company

The company is engaged in business of mining and mineral processing. The product range of the company includes Lignite, Fluorspar- The company manufactures two grades of fluorspar namely acid and metallurgical and has applications in industries like steel, aluminium, hydrochloric acid, foundry flux and welding electrodes.The company also two Bauxite reserves. The company also in the business segment of Power Project, Mining Projects.

Products

Minerals & Mines

Lignite
Bauxite
Fluorspar
Manganese
Silica Sand
Limestone
Bentonite
Ball Clay

Power

Thermal Power
Wind Power
Solar Power
Green Footprint

Milestones

1963: GMDC was incorporated on 15th May 1963
1964: Fluorspar Mining Lease Allotted to GMDC
1965: Allotted a Bauxite Mining Lease
1974: Allotted a Lignite Mining Lease
1983: Lignite Mine open at Rajpardi
1994: GMDC commission Calcination Plant at Gadhsisa
1996: Established a 250 (125*2) MW Thermal Power Plant
1997: GMDC become a listed company in the Corporate World
2002: Corporate Office at Ahmedabad
2005: Lignite Mine opened at Tadkeshwar, Surat
2006: All Manganese bearing areas of Gujarat reserved for GMDC
2008: Lignite Mine opened at Bhavnagar
2009: GMDC ventured into harnessing the wind energy and commissioned
2010: The GMDC first implemented ISO-9001
2011: The GMDC also embarked on a sophisticated Enterprise Resource Planning system
2015: Lignite Mine opened at Umarsar, Kutch
2016: Won Golden Peacock Occupational Health & Safety award 2016
2019: The company once again wins National Mines Safety Awards
2020: GMDC contributes Rs 25 crore to CM Relief Fund to fight the Corona Virus threat in the State