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  3. •

    Wholesale distributors
Gujarat Mineral Development Corporation Limited

Gujarat Mineral Development Corporation Limited

435.10
INR
-7.65
(-1.73%)
30.06EPS
19.42P/E
185.63BMarket Cap
Oct 30Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
40.56
45.26
32.99
48.32
64.49
59.11
47.83
42.22
85.91
110
77.45
89.65
83.44
88.89
Basic EPS, GAAP
13.81
15.75
6.89
10.22
10.9
6.91
4.61
-1.12
14.02
37.88
18.78
21.38
30.08
30.06
Free Cash Flow per Basic Share
2.89
0.78
1.52
-0.22
1.08
2.23
-0.29
4.31
13.91
28.54
-11.59
13.26
-9.13
- -
Dividend per Share
3.51
3.5
3.61
3.61
3.61
4.22
2.41
2
0.2
4.3
11.45
9.55
10.1
- -
Book Value per Share
90.01
114.3
115.99
125.8
136.83
135.76
128.81
127.89
151.62
181.92
191.82
202.56
222.41
- -
Tangible Book Value per Share
89.96
111.23
112.08
119.78
126.73
124.51
117.74
117.11
140.94
171.57
172.01
177.69
174.46
- -
Basic Weighted Avg Shares
318
318
318
318
318
318
318
318
318
318
318
318
318
318
Sales/Revenue/Turnover
12,897
14,393
10,489
15,367
20,509
18,797
15,209
13,426
27,321
34,979
24,629
28,508
26,534
28,274
Operating Margin (%)
38.67
27.02
15.46
19.36
21.21
24.66
2.38
-7.3
22.97
36.04
21.78
19.85
16.37
12.01
Depreciation Expense
1,237
1,355
1,316
1,510
1,190
961
916
942
980
813
798
954
1,147
- -
Net Income, GAAP
4,391
5,009
2,190
3,251
3,467
2,198
1,465
-358
4,459
12,044
5,974
6,799
9,567
9,563
Effective Tax Rate (%)
30.25
21.36
30.02
27.22
22.24
43.41
28.75
- -
42.74
27
25.15
23.5
24.54
24.77
Profit Margin (%)
34.05
34.8
20.88
21.15
16.9
11.7
9.63
-2.66
16.32
34.43
24.25
23.85
36.05
33.82
Working Capital
9,449
9,817
12,200
10,039
10,551
12,579
11,682
13,168
12,348
15,054
20,429
19,546
24,531
- -
LT Debt
- -
- -
7,759
- -
- -
- -
3
6
3
21
26
1,200
2,863
- -
Total Equity
28,623
36,346
36,884
40,006
43,511
43,173
40,960
40,668
48,216
57,852
60,997
64,415
70,727
- -
Return on Invested Capital (%)
12.8
11.94
2.78
5.05
8.06
6.05
0.62
- -
8.08
17.25
6.7
6.86
9.89
- -
Return on Capital (%)
16.27
15.44
5.38
7.64
8.33
5.09
3.51
- -
10.07
22.74
10.08
10.76
13.79
- -
Return on Common Equity (%)
16.27
15.42
5.98
8.46
8.3
5.07
3.48
-0.88
10.03
22.71
10.05
10.84
14.16
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
302
- -
LT Borrowings
- -
2,791
- -
LT Finance Leases
- -
73
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
318
318
318
Market Capitalization
190,434
179,909
185,633

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
32,331
- -
Cash, Cash Equivalents & STI
- -
1,121
- -
Accounts Receivable, Net
- -
717
- -
Inventories
- -
961
- -
Total Current Liabilities
- -
7,799
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
302
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7%
11.88%
9.8%
Free Cash Flow
-247.95%
-39.25%
-168.87%
Net Income, GAAP
-131.18%
-234.49%
40.72%
Sales/Revenue/Turnover
15.16%
22.15%
-6.93%
Total Cash Common Dividend
207.24%
423.09%
5.76%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
8,181
5,930
6,534
7,863
28,508
2026
7,326
5,276
5,792
8,141
26,534
2027
9,066
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
5.79
4.02
4.64
7.11
21.38
2026
5.15
14.65
4.18
6.1
30.08
2027
5.14
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
9.55
2026
- -
- -
- -
- -
10.1
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ajay Hazarilal Bhadoo
Full Time Employees
1,864
Sector
Distribution services
Industry
Wholesale distributors
Address
Khanij Bhavan Ahmedabad GU India 380052
IPO Date
Jan 8, 1998
Website
gmdcltd.com
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Business
Gujarat Mineral Development Corporation Limited (GMDC) (ticker: GMDCLTD.NS) engages in the mining and marketing of industrial minerals in India. The company produces a range of minerals including lignite, bauxite, fluorspar, base metals, manganese ore, silica sand, limestone, bentonite, ball clay, rock phosphate and calcium fluoride; it operates through segments such as lignite, industrial minerals and power generation. GMDC markets its products to industries including steel, cement, glass, fertilizer and power, with primary operations concentrated in the state of Gujarat and select regions across India. Founded in 1963 and headquartered in Ahmedabad, Gujarat, the company functions as a state-owned enterprise promoted by the Government of Gujarat. In recent developments, GMDC has pursued strategic expansions including the commissioning of new mining blocks and capacity enhancements at its lignite projects; it reported robust production growth in fiscal 2025 with lignite output reaching record levels amid rising domestic demand for energy minerals. Additionally, the company entered partnerships for renewable energy integration and technology upgrades in mineral processing, alongside securing environmental clearances for brownfield expansions in its key bauxite and limestone operations within the last two years.