GMDC

Is GMDC overvalued or undervalued?

As of June 2, 2025, GMDC is considered very expensive and overvalued with a PE ratio of 18.59, significantly higher than peers like Coal India and NMDC, despite a strong recent stock performance.

As of 2 June 2025, the valuation grade for GMDC has moved from expensive to very expensive, indicating a significant shift in its market perception. The company is currently considered overvalued. Key ratios include a PE ratio of 18.59, an EV to EBITDA of 19.25, and a Price to Book Value of 1.99, all of which suggest that GMDC is trading at a premium compared to its peers.<BR><BR>In comparison to its industry peers, GMDC's valuation stands out unfavorably; for instance, Coal India is rated very attractive with a PE ratio of 6.95, while NMDC is fairly valued at 9.74. Additionally, GMDC's PEG ratio of 1.26 further emphasizes its overvaluation relative to the market. Although GMDC has shown strong stock performance, with a 1-month return of 40.04% compared to the Sensex's 3.87%, this does not mitigate its current overvaluation status.

Who are in the management team of GMDC?

As of March 2023, the GMDC management team includes Roopwant Singh (Managing Director), Joel Evans (Company Secretary), and several non-executive and independent directors, including Hasmukh Adhia (Chairman). The team consists of a mix of executive and non-executive roles for effective oversight.

As of March 2023, the management team of GMDC includes the following individuals:<BR><BR>1. Joel Evans - Company Secretary & Compliance Officer<BR>2. Nitin Shukla - Non-Executive & Independent Director<BR>3. S B Dangayach - Non-Executive & Independent Director<BR>4. Shaileash Gandhi - Non-Executive & Independent Director<BR>5. Gauri Kumar - Non-Executive & Independent Director<BR>6. Roopwant Singh - Managing Director<BR>7. Mona Mukesh Khandhar - Director<BR>8. Hasmukh Adhia - Chairman (Non-Executive)<BR>9. S J Haider - Director<BR>10. Arti Kanwar - Director<BR><BR>This team comprises a mix of executive and non-executive roles, with several independent directors contributing to the board's oversight.

What is the bonus history of the GMDC?

GMDC announced a 1:1 bonus issue on October 16, 2008, with a record date of October 17, 2008, allowing shareholders to receive one additional share for each share owned.

The Gujarat Mineral Development Corporation Ltd. (GMDC) has a bonus history that includes a notable 1:1 bonus issue announced on October 16, 2008. The record date for this bonus was October 17, 2008. This means that shareholders at that time received one additional share for every share they owned. If you have any more questions about GMDC or its financial activities, feel free to ask!

Has GMDC declared dividend?

Yes, Gujarat Mineral Development Corporation Ltd. has declared a dividend of 477%, amounting to ₹9.54 per share, with an ex-date of September 20, 2024. The company has shown strong total returns across various periods, with a total return of 1047.51% over the past 5 years.

Gujarat Mineral Development Corporation Ltd. has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 477%<BR>- Amount per share: 9.54<BR>- Ex-date: Sep-20-2024<BR><BR>Dividend Yield: 2.5%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 12.73%, with no dividend return, resulting in a total return of 12.73%.<BR><BR>Over the past year, the price return was 10.74%, with a dividend return of 2.45%, leading to a total return of 13.19%.<BR><BR>In the 2-year period, the price return was 142.05%, with a dividend return of 13.05%, culminating in a total return of 155.1%.<BR><BR>For the 3-year period, the price return was 174.27%, with a dividend return of 19.23%, resulting in a total return of 193.5%.<BR><BR>In the last 4 years, the price return was 449.83%, with a dividend return of 33.48%, giving a total return of 483.31%.<BR><BR>Over the past 5 years, the price return was 980.16%, with a dividend return of 67.35%, leading to a total return of 1047.51%.<BR><BR>Overall, GMDC has declared a substantial dividend, and the total returns across various periods indicate strong performance, particularly over the longer term, highlighting the company's growth and profitability.

Who are the peers of the GMDC?

GMDC's peers include NMDC, Gravita India, MOIL, and others, with varying management risks and growth rates. Gravita India leads in 1-year returns at 73.34%, while GMDC's return is -9.32%.

Peers: The peers of GMDC are NMDC, Gravita India, MOIL, Ashapura Minech., Orissa Minerals, 20 Microns, NILE, Goa Carbon, Asi Industries, and South. Magnesium.<BR><BR>Quality Snapshot: Excellent management risk is observed at NMDC and Gravita India, while Good management risk is found at MOIL and South. Magnesium. Average management risk is present at GMDC, 20 Microns, NILE, Goa Carbon, and Asi Industries, while Below Average management risk is noted at Ashapura Minech. and the rest. Growth is Excellent at Gravita India and Ashapura Minech., Good at GMDC and Asi Industries, Average at NMDC and 20 Microns, Below Average at MOIL, NILE, and Goa Carbon, and does not qualify for Orissa Minerals. Capital Structure is Excellent at NMDC, GMDC, and MOIL, Good at Gravita India, 20 Microns, and Goa Carbon, Below Average at Ashapura Minech., and does not qualify for Orissa Minerals.<BR><BR>Return Snapshot: Gravita India has the highest 1-year return at 73.34%, while MOIL has the lowest at -31.08%. GMDC's 1-year return of -9.32% is better than MOIL's but worse than Gravita India's. Additionally, several peers, including Orissa Minerals, Goa Carbon, and South. Magnesium, have negative six-month returns.

What does GMDC do?

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: <BR>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.<BR><BR>History: <BR>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.<BR><BR>Financial Snapshot: <BR>Net Sales: 7,863 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 2,262 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 12,055 Cr (Mid Cap)<BR><BR>Key Metrics: <BR>P/E: 18.00 <BR>Industry P/E: 8 <BR>Dividend Yield: 2.50% <BR>Debt-Equity: -0.07 <BR>Return on Equity: 10.70% <BR>Price to Book: 1.89 <BR><BR>Contact Details: <BR>Address: Khanij Bhavan 132 Ft Ring Road, Nr University Ground Vastrapur Ahmedabad Gujarat : 380052 <BR>Tel: 91-079-27913200/3501/1662/1680/0665 <BR>Email: cosec@gmdcltd.com <BR>Website: http://www.gmdcltd.com

Who are the top shareholders of the GMDC?

The top shareholders of GMDC include the Governor of Gujarat with a 74% stake, along with 13 mutual fund schemes holding 0.13%, 87 foreign institutional investors (FIIs) with 2.25%, and individual investors who collectively own 18.73%. There are no pledged promoter holdings.

The top shareholders of GMDC are primarily the promoters, with the Governor of Gujarat holding the highest stake at 74%. There are no pledged promoter holdings, and the company has a diverse shareholder base that includes 13 mutual fund schemes holding 0.13% and 87 foreign institutional investors (FIIs) with a combined holding of 2.25%. Additionally, individual investors collectively hold 18.73% of the shares.

How big is GMDC?

As of 24th July, Gujarat Mineral Development Corporation Ltd. has a market capitalization of 14,588.00 Cr, with recent net sales of 2,850.84 Cr and a net profit of 685.79 Cr. Shareholder's funds are 6,116.00 Cr, and total assets are valued at 7,366.85 Cr.

As of 24th July, Gujarat Mineral Development Corporation Ltd. has a market capitalization of 14,588.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 2,850.84 Cr and a Net Profit of 685.79 Cr.<BR><BR>For the latest annual period ending March 2024, Shareholder's Funds amounted to 6,116.00 Cr, while Total Assets were valued at 7,366.85 Cr.

How has been the historical performance of GMDC?

GMDC's historical performance shows fluctuating net sales and profits, peaking at 3,497.88 Cr in March 2023 before declining to 2,850.84 Cr by March 2025, alongside a decrease in operating profit and profit after tax. Despite these challenges, total assets and cash flow from operations improved significantly during the same period.

Answer:<BR>The historical performance of GMDC shows a fluctuating trend in net sales and profit over the years, with a notable increase in recent periods.<BR><BR>Breakdown:<BR>GMDC's net sales have varied significantly, peaking at 3,497.88 Cr in March 2023, before declining to 2,850.84 Cr in March 2025. The total operating income followed a similar trend, reaching its highest at 3,497.88 Cr in March 2023 and then decreasing to 2,850.84 Cr in March 2025. Operating profit (PBDIT) also saw a decline from 1,730.38 Cr in March 2023 to 993.32 Cr in March 2025, reflecting a decrease in operating profit margin from 38.22% to 22.4%. Profit before tax mirrored this decline, falling from 1,646.70 Cr in March 2023 to 895.77 Cr in March 2025, while profit after tax decreased from 1,202.01 Cr to 686.91 Cr over the same period. The company's total assets increased from 6,951.18 Cr in March 2023 to 7,750.44 Cr in March 2025, indicating growth in the asset base, while total liabilities also rose from 6,951.18 Cr to 7,750.44 Cr. Cash flow from operating activities improved significantly to 1,059.00 Cr in March 2025, compared to 110.00 Cr in March 2024, although cash flow from investing activities remained negative at -808.00 Cr. Overall, GMDC's financial performance reflects both growth in asset and cash flow generation, alongside challenges in maintaining sales and profit levels.

Is GMDC technically bullish or bearish?

As of November 14, 2025, GMDC's trend is mildly bullish, supported by daily moving averages and Bollinger Bands, despite a mildly bearish weekly MACD, while long-term performance remains strong with positive returns over 1Y, 3Y, and 5Y periods.

As of 14 November 2025, the technical trend for GMDC has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by the daily moving averages indicating mild bullishness and the Bollinger Bands showing a mildly bullish trend on both weekly and monthly time frames. However, the weekly MACD is mildly bearish, which introduces some caution. The KST remains bullish on both weekly and monthly time frames, and the monthly Dow Theory is also bullish, reinforcing the overall positive outlook. Despite recent price declines, the long-term performance remains strong, with significant returns over 1Y, 3Y, and 5Y periods.

When is the next results date for Gujarat Mineral Development Corporation Ltd.?

The next results date for Gujarat Mineral Development Corporation Ltd. is 14 May 2026.

The next results date for Gujarat Mineral Development Corporation Ltd. is scheduled for 14 May 2026.

Are Gujarat Mineral Development Corporation Ltd. latest results good or bad?

Gujarat Mineral Development Corporation Ltd. reported strong revenue growth and improved net profit for Q4 FY26, but declining operating margins and heavy reliance on non-operating income raise concerns about long-term profitability. Overall, the results are mixed, indicating both positive and negative aspects.

Gujarat Mineral Development Corporation Ltd. (GMDC) has reported mixed results for Q4 FY26. On the positive side, the company achieved a significant increase in net sales, reaching ₹814.05 crore, which is a 40.56% growth compared to the previous quarter and a modest 3.53% increase year-on-year. Additionally, net profit rose to ₹194.09 crore, reflecting a 45.87% quarter-on-quarter improvement.<BR><BR>However, there are notable concerns regarding profitability. The operating margin, excluding other income, fell sharply to 12.80%, down from 24.62% in the same quarter last year, indicating significant operational challenges. This margin compression suggests that while revenue is growing, the company is struggling to maintain profitability from its core operations.<BR><BR>Furthermore, a substantial portion of the profit before tax—75.69%—came from non-operating income, raising questions about the sustainability of earnings derived from core mining activities. This heavy reliance on non-operating income could pose risks to future profitability.<BR><BR>In summary, while GMDC's latest results show strong revenue growth and improved net profit on a quarter-to-quarter basis, the significant decline in operating margins and reliance on non-operating income indicate underlying challenges that could impact the company's long-term performance.

Should I buy, sell or hold Gujarat Mineral Development Corporation Ltd.?

Why is Gujarat Mineral Development Corporation Ltd. falling/rising?

As of 25-May, the stock price of Gujarat Mineral Development Corporation Ltd. is rising, currently at 655.10, due to strong long-term performance, financial stability, and increased institutional interest, despite a slight underperformance against the sector today.

As of 25-May, the stock price of Gujarat Mineral Development Corporation Ltd. is rising, currently at 655.10, reflecting a change of 3.45 (0.53%) upward. This increase can be attributed to several factors. Firstly, the stock has demonstrated strong performance over the long term, with a remarkable 84.74% return over the past year, significantly outperforming the Sensex, which has declined by 6.40% in the same period. Additionally, the stock has shown impressive growth over three years, with a return of 297.51%, compared to the Sensex's 23.62%.<BR><BR>Furthermore, the company is net-debt free, which is a positive indicator of financial health. The operating profit has also grown at an annual rate of 38.87%, suggesting robust long-term growth potential. There has been an increase in participation from institutional investors, who have raised their stake by 1.53% over the previous quarter, indicating confidence in the company's fundamentals.<BR><BR>Despite today's performance showing a slight underperformance against the sector by -0.48%, the stock remains higher than its 5-day, 50-day, 100-day, and 200-day moving averages, which typically signals a positive trend. The liquidity of the stock is also adequate for trading, further supporting its rising price. Overall, the combination of strong historical performance, financial stability, and increasing institutional interest contributes to the upward movement of Gujarat Mineral Development Corporation Ltd.'s stock price.

Which are the latest news on GMDC?