Search & Analyze

Gujarat Mineral Development Corporation Ltd.

412.20−26.65 (−6.07%)

BSE · 30 Oct, 4:01 PM

: ₹13,107.96 Cr
: 19.82
: 2,15,389
: ₹441.80 - ₹407.35
: ₹771.50 - ₹407.35

Gujarat Mineral Development Corporation Ltd. (GMDCLTD) share price closed at ₹412.20 on the BSE on Friday, October 30, 2026, down by 6.07% from its of ₹438.85. In that session GMDCLTD reached a of 441.80 and of 407.35. The for the session was 420.36. The stands at 517.24 and is at 581.17. Looking at , the stock ended the session in Downtrend.

Stock Overview

₹439.05

₹438.85

₹420.36

₹517.24

Price 20.31% below

₹581.17

Price 29.07% below

Key Fundamentals

: 13,107.96 Cr₹13.11 Thousand Crore
: 20.80
: 19.82
: 1.81
: 227.54
: 1,002.50 Cr₹1.00 Thousand Crore
: 2.30 %
Sector
Industry: Mining & Minerals
: 14.16
: 0.04

Industry Comparison

Ratio	Company	Sector
	19.82	9.60
	0.04	0.17
	1.81	1.88
	4.14	1.83
	2.30 %	1.88 %
Operating Margin	16.64 %	16.64 %

Sector figures are the median of 13 listed Mining companies.

Peer Comparison

Name
COAL INDIA COALINDIA	389.45	7.19	2,40,007.45	6.80	6,547.43	57.12%	44,178.74	20.86%	35.43
NMDC LTD NMDC	67.21	7.92	59,089.81	5.21	1,976.23	0.43%	6,795.25	0.84%	27.98
Gujarat Mineral Development Corporation Ltd. GMDCLTD	412.20	19.82	13,107.96	2.30	170.79	-63.33%	902.97	71.15%	18.28
SANDUMA SANDUMA	162.00	10.98	7,874.90	0.31	227.85	36.36%	1,374.78	21.09%	23.78
MOIL LTD MOIL	213.75	58.72	4,349.50	2.49	51.38		267.70		11.65
ASHAPURA LTD ASHAPURMIN	406.00	9.60	3,878.36	0.49	108.31	-4.91%	1,616.12	19.22%	20.64
DECCANGOLD DECNGOLD	160.25		3,221.10	0.00	-8.73	68.98%	0.60	56.22%	-12.62
20 MICRONS 20MICRONS	160.75	8.92	567.23	0.77	13.64	-21.39%	238.16	3.19%	17.83

Quarterly Results

consolidated figures in ₹ Crores · Quarterly

Particulars	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	750.27	818.13	593.01	653.42	786.28	732.60	527.58	579.15	814.05	906.64	902.97
Expenses	561.72	606.66	451.72	561.13	592.72	563.36	458.13	478.26	709.85	715.60	712.75
	188.55	211.47	141.29	92.29	193.56	169.24	69.45	100.89	104.20	191.04	190.22
	25.13%	25.85%	23.83%	14.12%	24.62%	23.10%	13.16%	17.42%	12.80%	21.07%	21.07%
	71.77	59.77	62.39	114.50	118.05	77.70	-366.25	101.30	184.91	76.15	83.81
Interest	1.24	0.69	0.70	0.70	0.09	0.51	0.57	0.69	5.37	6.61	6.60
	22.06	21.39	20.92	26.43	26.63	22.00	21.79	22.16	48.76	33.33	32.83
	237.51	249.07	181.21	179.29	285.08	224.33	629.34	179.42	234.65	227.67	234.16
	21.17%	26.11%	29.44%	17.64%	20.65%	27.00%	25.99%	25.84%	17.29%	28.22%	27.06%
	187.24	184.05	127.86	147.66	226.22	163.77	465.75	133.06	194.09	163.43	170.79
	5.89	5.79	4.02	4.64	7.11	5.15	14.65	4.18	6.10	5.14	5.37

Profit & Loss

consolidated figures in ₹ Crores · Annual

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
INCOME :
	2,736.81	3,503.76	2,467.36	2,856.54	2,666.52
	2,732.08	3,497.88	2,462.88	2,850.84	2,653.38
EXPENDITURE :
Increase/Decrease in Stock	6.06	-10.29	2.50	10.09	-5.58
Power & Fuel Cost	17.71	22.57	23.99	24.48	21.52
Employee Cost	132.87	158.43	148.26	150.75	190.02
Other Manufacturing Expenses	1,434.03	1,833.67	1,504.19	1,551.60	1,658.72
General and Administration Expenses	386.29	92.47	100.89	79.19	79.50
Selling and Distribution Expenses	1.62	15.83	11.06	323.18	136.56
Miscellaneous Expenses	32.52	48.37	62.58	72.75	128.86
	2,011.10	2,161.06	1,853.47	2,212.04	2,209.60
Operating Profit (Excl OI)	720.98	1,336.82	609.41	638.80	443.78
	156.46	393.57	270.18	348.58	423.87
	877.44	1,730.38	879.59	987.38	867.65
Interest	3.30	2.38	2.93	2.18	7.14
PBDT	874.14	1,728.00	876.66	985.20	860.51
	97.98	81.30	79.78	95.37	114.71
Profit Before Taxation & Exceptional Items	776.16	1,646.70	796.88	889.83	745.80
Exceptional Income / Expenses					522.65
	776.16	1,649.14	798.12	888.71	1,267.74
Provision for Tax	331.74	444.69	200.76	208.86	311.07
	444.42	1,204.45	597.36	679.85	956.67
Extra items				0.00	0.00
Share of Associate	1.48
Consolidated Net Profit	445.90	1,204.45	597.36	679.85	956.67
Profit Balance B/F	1,100.31	1,561.27	2,637.10	2,881.47	3,294.67
Appropriations	1,546.21	2,765.72	3,234.46	3,561.32	4,251.34
Equity Dividend %	215.00%	572.50%	477.50%	505.00%	475.00%
	14.02	37.88	18.78	21.38	30.08
Adjusted EPS	14.02	37.88	18.78	21.38	30.08

Balance Sheet

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
	63.60	63.60	63.60	63.60	63.60
Total Reserves	4,757.99	5,721.57	6,036.14	6,377.94	7,009.14
Reserve excluding Revaluation Reserve	4,757.99	5,721.57	6,036.14	6,377.94	7,009.14
Revaluation reserve		0.00
	4,821.59	5,785.17	6,099.74	6,441.54	7,072.74
Unsecured Loans				116.58	279.07
Deferred Tax Assets / Liabilities	49.19	50.71	46.82	39.59	81.63
Other Long Term Liabilities	17.69	17.87	67.88	35.10	49.10
Long Term Provisions	571.24	570.11	585.30	582.28	720.50
Total Non-Current Liabilities	638.12	638.69	700.00	773.55	1,130.30
Trade Payables	208.95	205.93	285.82	242.02	258.73
Other Current Liabilities	201.57	295.92	256.67	280.46	511.52
Short Term Provisions	11.93	25.49	24.91	11.62	9.69
Total Current Liabilities	422.44	527.33	567.40	534.10	779.94
Total Liabilities	5,882.15	6,951.18	7,367.14	7,749.19	8,982.98
Gross Block	2,584.74	2,609.89	2,782.66	2,925.47	3,494.34
Less: Accumulated Depreciation	1,162.50	1,242.36	1,317.54	1,406.72	1,514.45
	1,422.24	1,367.53	1,465.12	1,518.75	1,979.89
	11.60	14.82	105.43	503.11	215.11
Non Current Investments	596.15	491.27	565.86	484.25	463.54
Long Term Investment	596.15	491.27	565.86	484.25	463.54
Long Term Loans & Advances	1,302.88	2,124.12	1,425.92	1,426.63	821.74
Other Non Current Assets	792.64	820.14	922.22	1,022.58	1,203.05
Total Non-Current Assets	4,224.96	4,918.44	4,756.83	5,261.59	5,749.90
Inventories	89.81	106.98	106.48	91.33	96.14
Sundry Debtors	204.92	185.41	101.27	84.99	71.66
Cash and Bank	89.78	98.08	506.08	557.08	540.12
Other Current Assets	25.93	38.25	171.14	80.61	170.10
Short Term Loans and Advances	1,246.71	1,603.97	1,724.42	1,672.86	2,354.36
Total Current Assets	1,657.15	2,032.70	2,609.39	2,486.87	3,232.38
Net Current Assets (Including Current Investments)	1,234.70	1,505.37	2,041.99	1,952.77	2,452.44
Total Assets	5,882.15	6,951.18	7,367.14	7,749.19	8,982.98
	1,036.64	1,175.38	1,116.50	1,137.33	1,063.87
Total Debt	0.00	0.00	0.00	122.79	308.55
	151.62	181.92	191.82	202.56	222.41
Adjusted Book Value	151.62	181.92	191.82	202.56	222.41

Cash Flow

consolidated figures in ₹ Crores

Particulars	FY 2021-22 (Mar)	FY 2022-23 (Mar)	FY 2023-24 (Mar)	FY 2024-25 (Mar)	FY 2025-26 (Mar)
No of Months	12.00	12.00	12.00	12.00	12.00
	776.16	1,646.70	796.88	889.83	1,268.45
Adjustment	10.68	-251.88	-103.02	-109.48	-664.07
Changes In working Capital	-83.03	-15.60	-350.20	88.25	290.76
Cash Flow after changes in Working Capital	703.81	1,379.22	343.66	868.60	895.14
Cash Flow from Operating Activities	481.45	932.68	110.07	1,065.58	743.72
Cash Flow from Investing Activities	-673.51	-786.97	254.17	-814.34	-612.87
Cash Flow from Financing Activitie	-6.68	-137.27	-364.55	-183.14	-153.94
Net Cash Inflow / Outflow	-198.74	8.44	-0.31	68.10	-23.09
Opening Cash & Cash Equivalents	241.38	42.63	51.07	50.76	118.86
Cash & Cash Equivalent on Amalgamation / Take over / Merger					-1.46
Closing Cash & Cash Equivalent	42.64	51.07	50.76	118.86	94.31

Ratios

Valuation

19.82

1.81

12.74

4.09

20.80

227.54

Profitability

14.16

18.28

11.44

16.64

35.88

Leverage & Liquidity

0.04

4.14

178.55

Returns

2.30

0.32

Shareholding Pattern

Numbers in percentages

Particulars	Jun '24	Sep '24	Dec '24	Mar '25	Jun '25	Sep '25	Dec '25	Mar '26	Jun '26	Sep '26
	74.00	74.00	74.00	74.00	74.00	74.00	74.00	74.00	74.00	74.00
	2.64	2.46	2.68	2.91	3.04	4.08	3.16	4.69	4.47	4.31
	23.36	23.54	23.32	23.09	22.96	21.92	22.84	21.31	21.53	21.69
	26.00	26.00	26.00	26.00	26.00	26.00	26.00	26.00	26.00	26.00
No. of Shareholders	2,41,725	2,52,024	2,51,813	2,50,538	2,27,850	2,24,558	2,37,220	2,41,551	2,48,480	2,50,553

Mutual Funds Invested(59)

Based on each fund's latest monthly portfolio · Sep 2026

Fund				As of
NI Nippon India Nifty Smallcap 250 Index Fund - Growth - Direct PlanIndex Funds - Other	6.50	0.19	1,27,948	Sep '26
HD HDFC NIFTY Smallcap 250 ETFIndex	5.10	0.19	1,00,396	Sep '26
MI Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETFIndex	3.44	0.37	67,833	Sep '26
SB SBI Nifty Smallcap 250 Index Fund - Growth - Direct PlanIndex Funds - Other	3.30	0.19	64,995	Sep '26
MO Motilal Oswal Nifty Smallcap 250 Index Fund - Growth - Direct PlanIndex Funds - Other	2.34	0.19	46,104	Sep '26
NI Nippon India Nifty 500 Momentum 50 Index Fund - Growth - Direct PlanIndex Funds - Other	2.32	0.18	45,785	Sep '26
IP ICICI Prudential Nifty Smallcap 250 Index Fund - Growth - Direct PlanIndex Funds - Other	1.48	0.19	29,143	Sep '26
MO Motilal Oswal Nifty 500 Momentum 50 Index Fund - Growth - Direct PlanIndex Funds - Other	1.43	0.18	28,200	Sep '26
HD HDFC NIFTY Smallcap 250 Index Fund - Growth - Direct PlanIndex Funds - Other	1.42	0.19	27,949	Sep '26
ED Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund - Growth - Direct PlanIndex Funds - Other	1.32	0.22	25,916	Sep '26

Corporate Actions

Showing: All

Date	Type	Details
2026-10-14	Board Meeting	Quarterly Results
2026-09-03	AGM
2026-07-22	Board Meeting	Quarterly Results

Insider Trading

Date	Person	Category	Transaction Type	Shares	Value (₹)

No insider trading data available.

Sector Overview

MiningMining & Minerals

Gujarat Mineral Development Corporation Ltd. operates in the Mining sector under the Mining & Minerals industry. This sector is one of the key drivers of the Indian economy and is closely tracked by the relevant Nifty sectoral index.

Company Profile

Corporate information and contact details

Key Management

9 members across the board and senior leadership

Hasmukh Adhia

Chairman

—

Roopwant Singh

Managing Director

₹32.78 L

Mar '25

Mamta Verma

Promoter & Non-Executive Director

₹60,000

Mar '26

Gauri Kumar

Non Executive Independent Director

₹1.60 L

Mar '26

Sandeep Kumar

Promoter & Non-Executive Director

₹60,000

Mar '26

Rajinder Khanna

Non Executive Independent Director

₹2.00 L

Mar '26

Joel Evans

Company Secretary

—

Sharvil Pankajbhai Patel

Non Executive Independent Director

₹1.00 L

Mar '26

Ajay Bhadoo

Managing Director

—

GMDCLTD Latest News

News

3 of 3 articles

EQUITY14 Oct 2026 · 15:09

Gujarat Mineral Development Corporation informs about compliances-certificate

COMPANY2 Jun 2026 · 14:30

GMDC joins hands with University of Cambridge to establish Rare Earth Observatory

Observatory will deliver a first-of-its-kind interactive intelligence platform that tracks the complete Rare Earth Elements value chain in real time

EQUITY14 May 2026 · 19:16

GMDC reports Profit after tax of Rs 2211.80 Mln, in the March 2026 quarter

Gujarat Mineral Development Corporation Ltd.

Stock Overview

Price chart

Peer Comparison

Quarterly Results

Profit & Loss

Balance Sheet

Cash Flow

Ratios

Valuation

Profitability

Leverage & Liquidity

Returns

Shareholding Pattern

Mutual Funds Invested(59)

Corporate Actions

Insider Trading

Sector Overview

Company Profile

Key Management

GMDCLTD Latest News

News