Gujarat Mineral Development Corporation Ltd Share Price
As on 19 November 2025 at 01:30 IST
Gujarat Mineral Development Corporation Q1 FY26 Results:
Profit for the period declined 11% to ₹164 crores in Q1 FY26, from ₹184 crores in Q1 FY25. Total income for the quarter decreased 8% year-on-year to ₹810 crores from ₹878 crores.
About Gujarat Mineral Development Corporation Ltd
Gujarat Mineral Development Corporation Ltd has established itself as a major state-owned mining enterprise since its inception in 1963. Headquartered in Ahmedabad, Gujarat, it has earned its recognition as the nation’s second-largest lignite producer. The company’s core business encompasses the exploration and production of various minerals, including Lignite, Bauxite, Fluorspar, Manganese, Silica sand, Limestone, Bentonite and Ball clay. These products serve various high-growth industries, including textiles, ceramics and brick manufacturing. Beyond mining operations, GMDC has expanded into power generation. It has incorporated thermal, wind, and solar power projects into its portfolio. +
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LOGINOver 1 Month
-0.64%
Over 6 Months
58.03%
Over 1 Year
72.20%
Over 3 Years
297.78%
Gujarat Mineral Development Corporation Ltd Summary
Close ₹563.45
Open ₹567.40
High ₹577.90
Low ₹562
Volume 21,15,068
Net Turnover (in Cr) ₹120.41
52Wk High ₹651
52Wk Low ₹226.59
52Wk High / Low
226.59
651
Gujarat Mineral Development Corporation Ltd Fundamentals
Key Financial Data
Market Cap (in Cr) ₹17,917.71
EPS (TTM) 20.71
Book Value (BV) 210.36
Div. Yield 1.79 %
P/E (TTM) 17.77
Price/Book Value 2.68
Delivery % 27.73 %
Face Value 2
Key Ratios
PE Ratio 12.27
PB Ratio 1.32
EV to Sales 2.79
PEG Ratio 0.79
ROA 9.62
ROE 11.07
Debt-Equity 0.01
Net Profit Margin 24.08
Operating Profit Margin 34.81
Gujarat Mineral Development Corporation Ltd Financials
Profit and Loss
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Total Revenue | 3,205.55 | 2,733.06 | 3,891.45 | 2,888.54 | 1,478.53 |
| Total Expenses | 2,309.78 | 1,936.18 | 2,244.75 | 2,112.38 | 1,431.50 |
| Profit Before Tax | 894.65 | 798.12 | 1,649.14 | 777.64 | -346.92 |
| Profit After Tax | 685.79 | 597.36 | 1,204.45 | 445.90 | -39.34 |
| Operating Profit After Depreciation | 897.95 | 799.81 | 1,649.08 | 779.46 | 48.99 |
Balance Sheet
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Fixed Assets | 1,756.30 | 1,651.76 | 1,381.20 | 1,433.57 | 1,495.50 |
| Total Non Current Assets | 5,262.34 | 4,757.75 | 4,918.49 | 4,225.01 | 3,296.39 |
| Total Current Assets | 2,488.10 | 2,609.39 | 2,032.70 | 1,657.14 | 1,666.42 |
| Total Assets | 7,750.44 | 7,367.14 | 6,951.18 | 5,882.15 | 4,962.81 |
| Total Shareholder's Fund | 6,411.74 | 6,099.74 | 5,785.17 | 4,821.59 | 4,034.84 |
Cash Flow
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Net Cash From Operating Activities | 1,059.37 | 110.07 | 932.68 | 481.45 | 156.17 |
| Net Cash Used In Investing Activities | -808.13 | 254.17 | -786.97 | -673.51 | 77.89 |
| Net Cash Used In Financing Activities | -183.14 | -364.55 | -137.27 | -6.68 | -63.60 |
Profit and Loss
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Total Revenue | 3,204.40 | 2,731.86 | 3,890.28 | 2,887.26 | 1,493.92 |
| Total Expenses | 2,307.68 | 1,935.40 | 2,244.40 | 2,110.31 | 1,441.79 |
| Profit Before Tax | 896.72 | 796.46 | 1,645.88 | 776.95 | -344.47 |
| Profit After Tax | 687.86 | 595.70 | 1,201.19 | 445.21 | -36.89 |
| Operating Profit After Depreciation | 898.90 | 799.39 | 1,648.26 | 780.25 | 54.09 |
Balance Sheet
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Fixed Assets | 1,753.59 | 1,649.68 | 1,379.22 | 1,431.58 | 1,493.60 |
| Total Non Current Assets | 5,247.96 | 4,741.78 | 4,903.62 | 4,212.61 | 3,290.98 |
| Total Current Assets | 2,463.90 | 2,584.36 | 2,008.48 | 1,632.89 | 1,641.82 |
| Total Assets | 7,711.86 | 7,326.14 | 6,912.10 | 5,845.50 | 4,932.80 |
| Total Shareholder's Fund | 6,373.43 | 6,059.11 | 5,746.30 | 4,785.98 | 4,032.59 |
Cash Flow
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Net Cash From Operating Activities | 1,061.97 | 111 | 934.99 | 483.30 | 149.46 |
| Net Cash Used In Investing Activities | -811.98 | 253.08 | -789.34 | -675.37 | 85.43 |
| Net Cash Used In Financing Activities | -183.14 | -364.55 | -137.27 | -6.68 | -63.09 |
| Particulars (in ₹ Cr.) | 2025-09 | 2025-06 | 2025-03 | 2024-12 | 2024-09 |
|---|---|---|---|---|---|
| Total Revenue | 527.58 | 732.60 | 786.28 | 653.42 | 593.01 |
| Total Expenses | 458.49 | 563.46 | 592.72 | 561.50 | 452.57 |
| Profit Before Tax | 629.34 | 224.33 | 285.08 | 179.29 | 181.21 |
| Profit After Tax | 465.75 | 163.77 | 226.22 | 147.66 | 127.86 |
| Operating Profit after Depreciation | 177.27 | 246.84 | 311.80 | 206.42 | 202.83 |
| Particulars (in ₹ Cr.) | 2025-09 | 2025-06 | 2025-03 | 2024-12 | 2024-09 |
|---|---|---|---|---|---|
| Total Revenue | 527.58 | 732.60 | 786.29 | 653.41 | 593.01 |
| Total Expenses | 453.80 | 562.70 | 592.35 | 560.51 | 451.09 |
| Profit Before Tax | 633.94 | 224.69 | 284.25 | 180.35 | 182.53 |
| Profit After Tax | 470.35 | 164.13 | 225.39 | 148.72 | 129.18 |
| Operating Profit after Depreciation | 181.88 | 247.19 | 310.97 | 207.48 | 204.15 |
Gujarat Mineral Development Corporation Ltd Technicals
Support and Resistance
S3 S2 S1 Pivot R1 R2 R3
S1 557.67
S2 551.88
S3 541.77
Pivot 567.78
R1 573.57
R2 583.68
R3 589.47
Moving Average
20 SMA 585.14
50 SMA 578.76
100 SMA 495.77
200 SMA 402.94
Gujarat Mineral Development Corporation Ltd Corporate Actions
Gujarat Mineral Development Corporation Ltd
₹10.1/Share
Announcement Date 18 Sep 2025
Record Date 18 Sep 2025
Div Yield 505%
Gujarat Mineral Development Corporation Ltd Peer Comparison
| Company | Price | Market Cap (in Cr) |
|---|---|---|
| Coal India Ltd | ₹388.15 | ₹2,39,206.30 |
| Vedanta Ltd | ₹520.70 | ₹2,03,613.91 |
| NMDC Ltd | ₹76.53 | ₹67,283.78 |
| Lloyds Metals & Energy Ltd | ₹1,259.60 | ₹66,570.15 |
| KIOCL Ltd | ₹374.15 | ₹22,739.01 |
Gujarat Mineral Development Corporation Ltd Top Mutal Funds Invested
Gujarat Mineral Development Corporation Ltd News
GMDC slumps as Q2 revenue slides 11% YoY
Gujarat Mineral Development Corporation (GMDC) slipped 4.23% to Rs 564.75 after the company posted a weak set of numbers for Q2 FY26.
14 Nov 2025, 03:00 pm
Gujarat Mineral Development Corp. to announce Quarterly Result
On 14 November 2025
04 Nov 2025, 10:12 am
Gujarat Mineral Development Corporation receives ESG rating of 54
16 Oct 2025, 04:35 pm
GMDC rebounds on bargain hunting
Gujarat Mineral Development Corporation (GMDC) rose 3.84% to Rs 611.30 on bargain hunting after a recent steep slide.
29 Sep 2025, 10:46 am
GMDC corrects on profit booking after recent rally
Gujarat Mineral Development Corporation (GMDC) declined 4.23% to Rs 516.20 as investors booked profits after the stock surged 18.45% in the last two sessions.
09 Sep 2025, 11:33 am
Gujarat Mineral Development Corporation Ltd Stock Analysis
- Annual revenue for Gujarat Mineral Development Corporation Ltd increased by 17.30% to ₹3,204.40 crore in FY 2025 from ₹2,731.86 crore in FY 2024.
- Annual Net Profit for Gujarat Mineral Development Corporation Ltd increased by 15.47% to ₹687.86 crore in FY 2025 from ₹595.70 crore in FY 2024.
- Promoter Shareholding in Gujarat Mineral Development Corporation Ltd remains unchanged by 0.00% in the most recent quarter, from 74% in June 2025 to 74% in September 2025.
- Gujarat Mineral Development Corporation Ltd delivered a 1-year return of 72.20% compared to the Nifty 50, which provided a return of 10.91% as of the last trading session.
- Gujarat Mineral Development Corporation Ltd share price moved down by 2.34% from its previous close of INR ₹563.45. The latest Gujarat Mineral Development Corporation Ltd share price is INR ₹550.25.
- Gujarat Mineral Development Corporation Ltd share price today has been at a low of 541 and a high of 567.70. Over the past 52 weeks, the Gujarat Mineral Development Corporation Ltd share price has seen a low of 226.59 and a high of 651.
About Gujarat Mineral Development Corporation Ltd
Gujarat Mineral Development Corporation Ltd has established itself as a major state-owned mining enterprise since its inception in 1963. Headquartered in Ahmedabad, Gujarat, the company has earned its recognition as the nation’s second-largest lignite producer.
Under the leadership of Hasmukh Adhia (Chairman), GMDC has diversified its operations across multiple segments. The company’s core business encompasses the exploration and production of various minerals, including
Beyond mining operations, GMDC has strategically expanded into power generation. It has incorporated thermal, wind, and solar power projects into its portfolio. This diversification has strengthened its market position. As a result, GMDC has secured its place among the top five organisations in the mining sector.
With a huge market capitalization, GMDC maintains a distinctive zero-debt status. This reflects its strong financial management. The company’s products serve various high-growth industries, including textiles, ceramics and brick manufacturing. The Government of Gujarat is the primary promoter and maintains a 74.00% stake in GMDC. This backing has established GMDC as a leader in Gujarat's lignite exploration and supply chain.
In the early years, GMDC focused on lignite mining. The company played a crucial role in the discovery and extraction of lignite, which is often referred to as “brown coal.” This resource provided a reliable and cost-effective fuel source for power generation. The company’s efforts in the lignite sector soon paid off, and GMDC emerged as the second-largest lignite producer in India.
GMDC’s headquarters are located in Ahmedabad, Gujarat. The company’s strategic location has allowed it to efficiently manage its operations and tap into the state’s rich mineral resources. The government of Gujarat has provided substantial support and guidance throughout its journey. This backing has been pivotal in helping GMDC achieve its growth and success.
Throughout its history, GMDC has diversified its operations beyond lignite. The company ventured into the mining and processing of other minerals. This diversification has helped GMDC mitigate risks associated with reliance on a single mineral. It also helped them discover additional revenue streams.
One of GMDC’s significant milestones was the establishment of a bauxite beneficiation plant. This plant allowed the company to process raw bauxite into value-added products, enhancing its market competitiveness. The focus on value addition and technological advancements has been a hallmark of GMDC’s strategy.
In the late 1990s and early 2000s, GMDC ventured into the power sector. Recognizing the potential of lignite as a fuel source for power generation, the company set up thermal power plants. These plants not only utilised the lignite produced by GMDC but also contributed to Gujarat’s energy security. The entry into power generation marked a significant diversification for GMDC. It also showcased its ability to adapt to evolving market demands.
In recent years, GMDC has also embraced renewable energy sources. The company has invested in wind and solar power projects, aligning with global trends towards sustainable energy. This shift towards renewables underscores GMDC’s commitment to environmental sustainability. It also shows the company's proactive approach to addressing climate change.
GMDC’s journey has been marked by a strong focus on quality and innovation. The company has consistently adhered to high standards in its mining and processing activities. This commitment to quality has earned GMDC several accolades, enhancing its reputation in the industry.
The company’s future strategy also includes exploring international markets and forming partnerships. GMDC seeks to enhance its global footprint by leveraging its expertise and experience. It is also looking to contribute to the sustainable development of mineral resources worldwide.
Looking ahead, GMDC is well-positioned to continue its journey of growth and innovation. The company plans to further expand its mining and processing capabilities. It is also exploring new mineral resources and investing in cutting-edge technologies. GMDC aims to maintain its leadership position in the mining sector by staying true to its core values of quality, sustainability, and social responsibility.
Through its pioneering efforts, GMDC has achieved commercial success. It has also made significant contributions to the communities it serves. The company’s journey is a shining example of how a state-owned enterprise can drive economic growth. As GMDC continues to evolve and innovate, it remains committed to its mission of developing mineral resources for the benefit of present and future generations.
Under the leadership of Hasmukh Adhia (Chairman), GMDC has diversified its operations across multiple segments. The company’s core business encompasses the exploration and production of various minerals, including
- Lignite
- Bauxite
- Fluorspar
- Manganese
- Silica sand
- Limestone
- Bentonite
- Ball clay
Beyond mining operations, GMDC has strategically expanded into power generation. It has incorporated thermal, wind, and solar power projects into its portfolio. This diversification has strengthened its market position. As a result, GMDC has secured its place among the top five organisations in the mining sector.
With a huge market capitalization, GMDC maintains a distinctive zero-debt status. This reflects its strong financial management. The company’s products serve various high-growth industries, including textiles, ceramics and brick manufacturing. The Government of Gujarat is the primary promoter and maintains a 74.00% stake in GMDC. This backing has established GMDC as a leader in Gujarat's lignite exploration and supply chain.
GMDC’s Journey Since 1963
Gujarat Mineral Development Corporation Ltd (GMDC) has carved an impressive path since its inception in 1963. The company began with the primary aim of exploring and developing the rich mineral resources in the state of Gujarat, India. Over the decades, GMDC has grown from a modest beginning to become one of India’s leading mining and mineral processing companies.In the early years, GMDC focused on lignite mining. The company played a crucial role in the discovery and extraction of lignite, which is often referred to as “brown coal.” This resource provided a reliable and cost-effective fuel source for power generation. The company’s efforts in the lignite sector soon paid off, and GMDC emerged as the second-largest lignite producer in India.
GMDC’s headquarters are located in Ahmedabad, Gujarat. The company’s strategic location has allowed it to efficiently manage its operations and tap into the state’s rich mineral resources. The government of Gujarat has provided substantial support and guidance throughout its journey. This backing has been pivotal in helping GMDC achieve its growth and success.
Throughout its history, GMDC has diversified its operations beyond lignite. The company ventured into the mining and processing of other minerals. This diversification has helped GMDC mitigate risks associated with reliance on a single mineral. It also helped them discover additional revenue streams.
One of GMDC’s significant milestones was the establishment of a bauxite beneficiation plant. This plant allowed the company to process raw bauxite into value-added products, enhancing its market competitiveness. The focus on value addition and technological advancements has been a hallmark of GMDC’s strategy.
In the late 1990s and early 2000s, GMDC ventured into the power sector. Recognizing the potential of lignite as a fuel source for power generation, the company set up thermal power plants. These plants not only utilised the lignite produced by GMDC but also contributed to Gujarat’s energy security. The entry into power generation marked a significant diversification for GMDC. It also showcased its ability to adapt to evolving market demands.
In recent years, GMDC has also embraced renewable energy sources. The company has invested in wind and solar power projects, aligning with global trends towards sustainable energy. This shift towards renewables underscores GMDC’s commitment to environmental sustainability. It also shows the company's proactive approach to addressing climate change.
GMDC’s journey has been marked by a strong focus on quality and innovation. The company has consistently adhered to high standards in its mining and processing activities. This commitment to quality has earned GMDC several accolades, enhancing its reputation in the industry.
The company’s future strategy also includes exploring international markets and forming partnerships. GMDC seeks to enhance its global footprint by leveraging its expertise and experience. It is also looking to contribute to the sustainable development of mineral resources worldwide.
Looking ahead, GMDC is well-positioned to continue its journey of growth and innovation. The company plans to further expand its mining and processing capabilities. It is also exploring new mineral resources and investing in cutting-edge technologies. GMDC aims to maintain its leadership position in the mining sector by staying true to its core values of quality, sustainability, and social responsibility.
Through its pioneering efforts, GMDC has achieved commercial success. It has also made significant contributions to the communities it serves. The company’s journey is a shining example of how a state-owned enterprise can drive economic growth. As GMDC continues to evolve and innovate, it remains committed to its mission of developing mineral resources for the benefit of present and future generations.
FAQ’s
What is the share price of Gujarat Mineral Development Corporation Ltd today?
Gujarat Mineral Development Corporation Ltd share price as on 18 Nov 2025 is ₹ 550.25
What is the Market Cap of Gujarat Mineral Development Corporation Ltd?
The market cap of Gujarat Mineral Development Corporation Ltd stock is ₹17,917.71 Cr.
What is the PE Ratio of Gujarat Mineral Development Corporation Ltd?
The Price to Earnings (P/E) Ratio of Gujarat Mineral Development Corporation Ltd is 12.27
What is the PB Ratio of Gujarat Mineral Development Corporation Ltd?
The Price to Book (P/B) Ratio of Gujarat Mineral Development Corporation Ltd is 1.32
What is the 52 week high of Gujarat Mineral Development Corporation Ltd Share Price?
The 52 week high of Gujarat Mineral Development Corporation Ltd share price stands at ₹651
What is the 52 week low of Gujarat Mineral Development Corporation Ltd Share Price?
The 52 week low of Gujarat Mineral Development Corporation Ltd share price stands at ₹226.59
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