Gujarat Mineral Development Corporation Ltd
Gujarat Mineral Development Corporation Ltd (GMDCLTD) last reported results for the quarter ended Jun 2026, with sales of ₹907 crore and net profit of ₹163 crore. The stock last traded at ₹493, a market capitalisation of ₹15,669 crore, on a P/E of 27.5. Over the past 52 weeks the stock has ranged between ₹464 and ₹772. Figures are as of 6 Oct 2026 and are not real time.
Gujarat Mineral Development Corporation Ltd share price and key metrics
- Current price
- ₹493
- Market cap
- ₹15,669 cr
- Stock P/E
- 27.5
- Book value
- ₹222
- ROE
- 4.22%
- ROCE
- 10.8%
- Dividend yield
- 1.94%
- 52w high / low
- 772/464
Metrics as of 6 Oct 2026. Not real time.
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Gujarat Mineral Development Corporation Ltd growth and returns
- 10 Years
- 8%
- 5 Years
- 14%
- 3 Years
- -10%
- TTM
- 2%
- 10 Years
- 3%
- 5 Years
- -6%
- 3 Years
- -38%
- TTM
- -14%
- 10 Years
- 18%
- 5 Years
- 44%
- 3 Years
- 14%
- 1 Year
- -20%
- 10 Years
- 10%
- 5 Years
- 11%
- 3 Years
- 8%
- Last Year
- 4%
Gujarat Mineral Development Corporation Ltd quarterly results
In the quarter ended Jun 2026, sales were ₹907 cr, up 23.7% from ₹733 cr a year earlier. Net profit was ₹163 cr, down 0.6% year on year.
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 593 | 653 | 786 | 733 | 528 | 579 | 814 | 907 |
| Expenses | 453 | 562 | 593 | 563 | 458 | 478 | 710 | 716 |
| Operating profit | 140 | 92 | 194 | 169 | 69 | 101 | 104 | 191 |
| OPM % | 24% | 14% | 25% | 23% | 13% | 17% | 13% | 21% |
| Other income | 62 | 114 | 118 | 78 | 583 | 101 | 185 | 77 |
| Interest | 1 | 1 | 0 | 1 | 1 | 1 | 5 | 7 |
| Depreciation | 21 | 26 | 27 | 22 | 22 | 22 | 49 | 33 |
| Profit before tax | 181 | 179 | 285 | 224 | 629 | 179 | 235 | 228 |
| Tax % | 29% | 18% | 21% | 27% | 26% | 26% | 17% | 28% |
| Net profit | 128 | 148 | 226 | 164 | 466 | 133 | 194 | 163 |
| EPS (₹) | 4.02 | 4.64 | 7.11 | 5.15 | 14.65 | 4.18 | 6.10 | 5.14 |
Consolidated figures as reported by the company. Percentages are as published; totals may not sum exactly.
Gujarat Mineral Development Corporation Ltd annual results
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,537 | 2,051 | 1,880 | 1,449 | 1,329 | 2,732 | 3,498 | 2,463 | 2,534 | 2,523 | 2,827 |
| Operating profit | 418 | 468 | 556 | 126 | -6 | 721 | 1,337 | 609 | 638 | 443 | 465 |
| OPM % | 27% | 23% | 30% | 9% | -0.5% | 26% | 38% | 25% | 25% | 18% | 16% |
| Net profit | 325 | 347 | 220 | 146 | -36 | 446 | 1,204 | 597 | 680 | 957 | 956 |
| EPS (₹) | 10.22 | 10.90 | 6.91 | 4.61 | -1.12 | 14.02 | 37.88 | 18.78 | 21.38 | 30.08 | 30.07 |
TTM is the trailing twelve months to the most recent quarter.
Gujarat Mineral Development Corporation Ltd balance sheet
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 |
| Reserves | 3,937 | 4,288 | 4,254 | 4,032 | 4,003 | 4,758 | 5,722 | 6,036 | 6,378 | 7,009 |
| Borrowings | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 3 | 126 | 317 |
| Other liabilities | 1,120 | 1,044 | 894 | 967 | 905 | 1,064 | 1,166 | 1,266 | 1,183 | 1,595 |
| Total liabilities | 5,121 | 5,395 | 5,211 | 5,063 | 4,973 | 5,886 | 6,953 | 7,369 | 7,751 | 8,984 |
| Fixed assets | 2,075 | 2,147 | 2,131 | 2,058 | 1,585 | 1,510 | 1,454 | 1,551 | 1,553 | 2,007 |
| CWIP | 21 | 11 | 1 | 4 | 6 | 23 | 28 | 292 | 775 | 1,248 |
| Investments | 657 | 782 | 429 | 264 | 299 | 596 | 491 | 566 | 484 | 464 |
| Other assets | 2,368 | 2,456 | 2,651 | 2,737 | 3,083 | 3,756 | 4,979 | 4,960 | 4,938 | 5,266 |
| Total assets | 5,121 | 5,395 | 5,211 | 5,063 | 4,973 | 5,886 | 6,953 | 7,369 | 7,751 | 8,984 |
As reported by the company. Total assets equal total liabilities by construction.
Gujarat Mineral Development Corporation Ltd cash flow
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 452 | 241 | 142 | 1 | 147 | 481 | 933 | 110 | 1,066 | 744 |
| Cash from investing | -350 | -138 | 23 | 84 | 87 | -674 | -787 | 254 | -814 | -614 |
| Cash from financing | -115 | -97 | -134 | -77 | -63 | -7 | -137 | -365 | -183 | -154 |
| Net cash flow | -13 | 6 | 31 | 8 | 170 | -199 | 8 | -0 | 68 | -25 |
| Free cash flow | -6 | 35 | 72 | -9 | 135 | 443 | 908 | -366 | 430 | -289 |
| CFO / operating profit | 140% | 95% | 61% | 127% | -292% | 98% | 103% | 56% | 136% | 202% |
Negative figures are outflows. CFO / operating profit is a ratio, not an amount.
Gujarat Mineral Development Corporation Ltd operating ratios
| Per year | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 12% | 11% | 14% | 5% | 1% | 18% | 31% | 13% | 14% | 11% |
| Debtor days | 28 | 20 | 29 | 35 | 40 | 27 | 19 | 15 | 12 | 10 |
| Cash conversion cycle | 28 | 20 | 29 | 35 | 40 | 27 | 19 | 15 | 12 | 10 |
| Working capital days | 228 | 178 | 228 | 271 | 290 | 153 | 147 | 228 | 201 | 277 |
Ratios as computed by the source from the reported statements. Rows a company does not report are omitted.
Gujarat Mineral Development Corporation Ltd shareholding pattern
Promoters held 74.00% at Jun 2026, broadly unchanged since Jun 2025. FIIs 3.66% and DIIs 0.81%.
| % held | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 74.00% | 74.00% | 74.00% | 74.00% | 74.00% | 74.00% | 74.00% | 74.00% |
| FIIs | 1.68% | 1.94% | 2.15% | 2.25% | 3.32% | 2.30% | 3.76% | 3.66% |
| DIIs | 0.78% | 0.75% | 0.76% | 0.79% | 0.76% | 0.86% | 0.94% | 0.81% |
| Government | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 23.54% | 23.33% | 23.10% | 22.97% | 21.92% | 22.84% | 21.31% | 21.53% |
| No. of shareholders | 2,52,024 | 2,51,813 | 2,50,538 | 2,27,850 | 2,24,558 | 2,37,220 | 2,41,551 | 2,48,480 |
As disclosed by the company to the exchanges. The last row is a count of shareholders, not a percentage.
Gujarat Mineral Development Corporation Ltd corporate filings
- Gujarat Mineral Development Corporation (GMDC) holds AGM with high voting participation; all resolutions passed with overwhelming supportAGM/EGMmedium impact
Cruxal's analysis: GMDC conducted its 63rd AGM on 30th September 2026 via video conference, with a total of…
Read the full analysis - Gujarat Mineral Development Corporation Ltd. Holds 63rd AGM; Approves Rs. 9.50 per share dividend for FY 2025-26AGM/EGMhigh impact
Cruxal's analysis: Gujarat Mineral Development Corporation (GMDC) conducted its 63rd Annual General Meeting…
Read the full analysis - Gujarat Mineral Development Corporation appoints Shri Ajay Bhadoo, IAS, as Managing Director effective 29th September 2026, succeeding Shri Roopwant Singh, IASCompany Updatemedium impact
Cruxal's analysis: Gujarat Mineral Development Corporation (GMDC) has announced the appointment of Shri Ajay…
Read the full analysis - Intimation for Closure of Trading WindowInsider Trading / SASTlow impact
- Gujarat Mineral Development Corporation Ltd announces receipt of ESG ratingCompany Updatelow impact
Cruxal's analysis: Gujarat Mineral Development Corporation Ltd has formally intimated the stock exchanges…
Read the full analysis - Gujarat Mineral Development Corporation Limited (GMDC) Receives Reaffirmed Credit Ratings of CARE AA+ / A1+ from CARE RatingsCompany Updatelow impact
Cruxal's analysis: Gujarat Mineral Development Corporation Limited has received a reaffirmation of its…
Read the full analysis - Gujarat Mineral Development Corporation Ltd publishes routine newspaper noticeCompany Updatelow impact
Cruxal's analysis: Gujarat Mineral Development Corporation Ltd has released a newspaper publication in…
Read the full analysis - Gujarat Mineral Development Corporation Ltd files Business Responsibility and Sustainability Report (BRSR) for FY 2025-26Otherslow impact
Cruxal's analysis: Gujarat Mineral Development Corporation Ltd has submitted its Business Responsibility and…
Read the full analysis - GMDC Releases FY 2025-26 Annual Report and Notice of 63rd AGMAGM/EGMhigh impact
Cruxal's analysis: Gujarat Mineral Development Corporation Limited (GMDC) has released its 63rd Integrated…
Read the full analysis - Gujarat Mineral Development Corporation Ltd releases Integrated Annual Report for FY 2025-26Otherslow impact
Cruxal's analysis: Gujarat Mineral Development Corporation Ltd has filed its Integrated Annual Report for…
Read the full analysis - Gujarat Mineral Development Corporation reports probable data breach incidentCompany Updatemedium impact
Cruxal's analysis: Gujarat Mineral Development Corporation has issued an intimation regarding a probable…
Read the full analysis - Gujarat Mineral Development Corporation Limited announces 63rd AGM, Record Date, and Dividend Payment ScheduleAGM/EGMlow impact
Cruxal's analysis: Gujarat Mineral Development Corporation Limited has formally scheduled its 63rd Annual…
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