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.

When is the next results date for GMDC?

No Upcoming Board Meetings

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.

Are GMDC latest results good or bad?

GMDC's latest results show strong performance with a 24% increase in Profit Before Tax and a 39.9% rise in Profit After Tax for March 2025. However, the decline in key metrics in June 2025 raises concerns about short-term sustainability and investor confidence.

The latest results for Gujarat Mineral Development Corporation (GMDC) indicate a mixed performance. On one hand, the company reported a strong Profit Before Tax (PBT) of Rs 167.03 crore, which is a 24.0% increase compared to the previous four quarters. The Profit After Tax (PAT) also saw a significant rise of 39.9%, reaching Rs 226.22 crore, marking the highest figure in the last five quarters. Additionally, the Earnings per Share (EPS) improved to Rs 7.11, further reflecting enhanced profitability.<BR><BR>However, the more recent quarterly results for June 2025 show a decline in key metrics. Net sales decreased by 6.83%, and consolidated net profit fell by 27.61% compared to the previous quarter. This downward trend raises concerns about the company's short-term performance and sustainability, especially since a substantial portion of the PBT (41.41%) came from non-operating income, which may not be reliable in the long run.<BR><BR>In summary, while GMDC's overall performance in March 2025 was strong, the subsequent decline in June 2025 suggests challenges ahead that could impact investor confidence.

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.

Should I buy, sell or hold GMDC?

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.

Why is GMDC falling/rising?

As of 02-Dec, the stock price of Gujarat Mineral Development Corporation Ltd. is declining due to poor recent financial performance, reduced investor participation, and high valuation metrics. This has resulted in a current price of 540.25, reflecting a decrease of 2.01%.

As of 02-Dec, the stock price of Gujarat Mineral Development Corporation Ltd. is falling, currently at 540.25, which reflects a decrease of 11.1 or 2.01%. This decline can be attributed to several factors. <BR><BR>Firstly, the company's recent financial performance has shown negative results, particularly in the quarter ending September 25, where net sales fell by 23.7% compared to the previous four-quarter average, and profit after tax decreased by 31.1%. Additionally, the return on capital employed (ROCE) has reached its lowest at 12.08%, indicating potential inefficiencies in generating returns from its capital.<BR><BR>Moreover, the stock has underperformed its sector today by 1.97%, and it touched an intraday low of Rs 539.2, reflecting a 2.2% drop. There has also been a notable decline in investor participation, with delivery volume falling by 40.27% against the five-day average, suggesting reduced interest from investors. <BR><BR>While the stock has shown strong long-term performance, with a year-to-date increase of 67.83% and a three-year increase of 235.56%, the current valuation appears expensive with a price-to-book value of 2.6, which is higher than its peers. The price-to-earnings growth (PEG) ratio of 4.5 further indicates that the stock may be overvalued relative to its earnings growth.<BR><BR>In summary, the combination of disappointing recent financial results, declining investor participation, and a high valuation relative to earnings is contributing to the stock's current downward movement.

Which are the latest news on GMDC?