What does GMDC do?

Jul 17 2025 07:13 AM IST
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Gujarat Mineral Development Corporation Limited (GMDC) is a mid-cap mining and mineral processing company established in 1963, with recent quarterly net sales of ₹7,863 Cr and net profit of ₹2,262 Cr. Key metrics include a P/E ratio of 18.00, a dividend yield of 2.50%, and a market cap of ₹12,055 Cr.
Overview:
Gujarat Mineral Development Corporation Limited (GMDC) is a mining and mineral processing company in the minerals and mining industry, categorized as a mid-cap company.

History:
GMDC was established by the Government of Gujarat in May 1963. The latest quarterly results reported net sales and net profit for the period ending March 2025.

Financial Snapshot:
Net Sales: 7,863 Cr (Quarterly Results - Mar 2025)
Net Profit: 2,262 Cr (Quarterly Results - Mar 2025)
Market Cap: INR 12,055 Cr (Mid Cap)

Key Metrics:
P/E: 18.00
Industry P/E: 8
Dividend Yield: 2.50%
Debt-Equity: -0.07
Return on Equity: 10.70%
Price to Book: 1.89

Contact Details:
Address: Khanij Bhavan 132 Ft Ring Road, Nr University Ground Vastrapur Ahmedabad Gujarat : 380052
Tel: 91-079-27913200/3501/1662/1680/0665
Email: cosec@GMDCltd.com
Website: http://www.GMDCltd.com
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