Gujarat Mineral Development Corporation Ltd Stock Analysis

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

BSE Share Price 23-Sep-2022 18:01
145.65 -2.10 (-1.42%)

DeciZen - Make an Informed Decision on GMDC

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

GMDC Price Chart

P/E Ratio (SA) :
6.51
Market Cap :
4,631.7 Cr.
52-wk low :
64.3
52-wk high :
228.5
Bole Toh?

1. Is Gujarat Mineral Development Corporation Ltd 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.

2. Is Gujarat Mineral Development Corporation Ltd 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 Fair zone.

3. Is Gujarat Mineral Development Corporation Ltd a good buy now?

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

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Gujarat Mineral Development Corporation Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 26.6%16.2%13.9%6.5%8.5%10.3%8%3.5%-0.9%9.3%-
Value Creation Index 1.00.2-0-0.5-0.4-0.3-0.4-0.8-1.1-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,6751,2901,4191,1791,5372,0511,8801,4491,3292,7113,389
YoY Gr. Rt. %--23%10%-16.9%30.4%33.5%-8.4%-22.9%-8.3%104%-
Adj EPS 19.213.713.37.110.213.510.94.6-1.212.722.4
YoY Gr. Rt. %--28.5%-2.8%-47.2%44.8%31.8%-19%-58.3%-125.5%NA-
BVPS (₹) 79.790101.9115.2124.8138.4134.8127.8126.8148.8159.6
Adj Net Profit 610436424224325428347145-37404712
Cash Flow from Ops. 22028691.72084573251435.6149-214-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 5.5%12%13%104%
Adj EPS -4.5%4.5%5.2%NA
BVPS 7.23.63.417.3
Share Price -2.9% 1.2% 30.6% 112.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 26.616.213.96.58.510.283.5-0.99.214.5
Op. Profit Mgn % 52.947.836.725.427.426.929.88.8-0.225.132.2
Net Profit Mgn % 36.433.829.91921.120.918.510-2.814.921
Debt to Equity 0000000000-
Working Cap Days 3054664766425224134786207314300
Cash Conv. Cycle -10-85135021614-50

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 14.50%

Sales growth is growing at healthy rate in last 3 years 12.99%

Sales growth is good in last 4 quarters at 115.05%

Net Profit has been subdued in last 3 years 5.22%

Latest Financials - Gujarat Mineral Development Corporation Ltd.

Standalone Consolidated
TTM EPS (₹) 22.4 22.4
TTM Sales (₹ Cr.) 3,389 3,389
BVPS (₹.) 159.6 160.7
Reserves (₹ Cr.) 5,012 5,048
P/BV 0.91 0.90
PE 6.51 6.49
From the Market
52 Week Low / High (₹) 64.30 / 228.50
All Time Low / High (₹) 2.52 / 317.00
Market Cap (₹ Cr.) 4,632
Equity (₹ Cr.) 63.6
Face Value (₹) 2
Industry PE 9.6

Management X-Ray of GMDC :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of GMDC

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

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
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now