X

Gujarat Mineral Development Corporation Ltd Stock Analysis

Small Cap
Evaluated by 2947 users | BSE: 532181 | NSE: GMDCLTD |
Mining & Minerals

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...

Analysis of Financial Track Record

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
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 22.48%25.55%26.64%16.18%13.94%6.51%8.53%10.26%8.01%4.79%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 1,4211,6311,6751,2901,4191,1791,5372,0511,8801,521
Y-o-Y Gr. Rt.-14.8%2.7%-23%10%-16.9%30.4%33.5%-8.4%-19.1%
Adjusted EPS (Rs.) 11.7715.2919.1913.7213.347.0510.2113.4610.916.36
Y-o-Y Gr. Rt.-29.9%25.5%-28.5%-2.8%-47.2%44.8%31.8%-19%-41.7%
Book Value per Share (Rs.) 52.5164.3379.7290.02101.94115.23124.8138.39134.77132.55
Adjusted Net Profit 374486610436424224325428347202
Net Op. Cash Flow (Rs. Cr.) 38956222028691.7208457325143-2.8
Debt to Cash Flow from Ops 0.34000000000
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Gujarat Mineral Development Corporation Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 0.8%1.4%-0.3%-19.1%
Adjusted EPS -6.6%-13.8%-14.6%-41.7%
Book Value per Share 10.85.42-1.7
Share Price -12.9% -4.4% -28.5% 25.1%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 24.3426.1826.6416.1713.96.498.5110.237.994.76
Operating Profit Margin (%) 45.7446.652.8847.7736.6625.4427.3726.929.8112.21
Net Profit Margin (%) 26.3329.8336.4333.8429.919.0221.1320.8818.4513.31
Debt to Equity 0.08000000000
Working Capital Days 297236305466476642522413478639
Cash Conversion Cycle 1-6-10-851350216
Corporate Governance What do we look at?
Corporate Governance
Board Credentials
Promoter's holding
Transparency
Integrity
Entity Percentage Holding
Promoters 74.00%
Institutions 4.02%
Non-Institutions 21.95%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of Gujarat Mineral Development Corporation Ltd and arrived at the following conclusion:

Past 10 year's financial track record indicates that Gujarat Mineral Development Corporation Ltd is a average quality company. However, for specific investment actions please connect with your investment advisor.

The 5-year analysis of Gujarat Mineral Development Corporation Ltd's performance infers:

Gujarat Mineral Development Corporation Ltd earnings have declined by -13.8%, whereas share price has depreciated -4.4% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Gujarat Mineral Development Corporation Ltd share prices over the last 10 years. Here is what we found out:

Gujarat Mineral Development Corporation Ltd share price has depreciated -9.4% annually over the past ten years.

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 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
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback