Gujarat Mineral Development Corporation Ltd logo

Gujarat Mineral Development Corporation Ltd

NSE: GMDCLTD BSE: 532181

₹469.20

+43.60 (10.24%)

Sat, 07 Nov 2026, 01:04 pm

mtf coin illustrationMTF 5xInvest in Gujarat Mineral Development Corporation Ltd with 5x LeverageBuy with MTFpremium button ring illustration
Market Cap (in Cr)13534.08
PE Ratio22.56
Dividend2.23
Distribution ServicesDistribution Services
Wholesale DistributorsWholesale Distributors
24.5K24.5K

Gujarat Mineral Development Corporation Share Price Live Chart

1 Day

+43.60 (10.24%)

No Result Found

Summary

  • Market Cap (in Cr)

    14748.84

  • Net Profit (in Cr)

    956.67

  • P/B

    2.54

  • Sector P/E

    9.18

  • P/E

    18.81

  • EV/EBITDA

    12.79

  • Debt/Equity (Industry)

    0.52

  • Interest Cover (Industry)

    44.67

  • ROCE (Industry)

    15.51

  • RONW (Industry)

    19.13

  • ROE

    4.22

  • ROCE

    9.81

  • Debt/Equity

    0.03

  • EPS (TTM)

    19.64

  • Dividend Yield

    2.05

  • Book Value

    223.10

  • Interest Cover

    105.33

Analysis

all

thumbs up icon

Pros

  • Dividends paid are well covered by earnings (4.5x coverage).
  • Gujarat Mineral Development's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
  • Gujarat Mineral Development's dividend is above the markets top 25% of dividend payers in India (3.08%).
  • Gujarat Mineral Development is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Gujarat Mineral Development is profitable, therefore cash runway is not a concern.
thumbs up icon

Cons

  • Dividends per share have fallen over the past 10 years.
  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • High level of physical assets or inventory.
  • Gujarat Mineral Development is not covered by any analysts.
  • Gujarat Mineral Development has significant price volatility in the past 3 months.

Read More

Financials

Read More

Ratios

Read More

Shareholding

ShareholdersSEPT 2026JUN 2026MAR 2026DEC 2025SEPT 2025
Promoters7474747474
FII3.723.653.752.293.32
DII0.590.820.940.870.76
Public21.6921.5321.3122.8421.92
Government0.000.00000

Read More

Technical Analysis

RSI

49.10

MACD

-15.13

50 DMA

505.74

200 DMA

578.32

Support and Resistance

TypeR3R2R1PPS1S2S3
Classic640.63540.88476.27441.13376.52341.38241.63
Fibonacci540.88502.78479.24441.13403.03379.49341.38
Camarilla439.08429.94420.79441.13402.51393.36384.22

Pivots Level: Classic

R3

+199.50

640.63

R2

+99.75

540.88

R1

+35.13

476.27

441.13
441.13
Pivot Point
LTP: 463.70

S1

-64.62

376.52

S2

-99.75

341.38

S3

-199.50

241.63

Moving Average

SMAEMA

Period

Value

  • 10-EMA

    449.29

  • 20-EMA

    456.98

  • 30-EMA

    470.03

  • 50-EMA

    493.62

  • 100-EMA

    529.65

  • 200-EMA

    545.29

Read More

Corporate Actions

Announcement DatePurposeActionEx Date
30 Oct 2026board-meetingsQuarterly Results
03 Sept 2026agm
14 May 2026board-meetingsAccounts, Dividend
14 May 2026dividend₹9.50 Dividend /Share23 Sept 2026
13 Feb 2026board-meetingsQuarterly Results
14 Nov 2025board-meetingsQuarterly Results, Half Yearly Results
31 Aug 2025agm
18 Aug 2025dividendDividend - Rs. - 10.118 Sept 2025
15 May 2025dividend₹10.10 Dividend /Share18 Sept 2025
13 Sept 2024agm

Read More

Peer Comparison

Gujarat Mineral Development Corporation Ltd logo

Gujarat Mineral Development Corporation Ltd

NMDC Ltd logo

NMDC Ltd

Lloyds Metals & Energy Ltd logo

Lloyds Metals & Energy Ltd

Coal India Ltd logo

Coal India Ltd

MOIL Ltd logo

MOIL Ltd

Sandur Manganese & Iron Ores Ltd logo

Sandur Manganese & Iron Ores Ltd

Read More

Gujarat Mineral Development Corporation Ltd About

Gujarat Mineral Development Corp a leading Indian state-owned mining and mineral processing enterprise based in Ahmedabad, Gujarat

Industry

Mining / Minerals / Metals

Founded

1963

Headquarters

CEO

Hasmukh Adhia

Employees

Contact

Website icon

Website

http://www.gmdcltd.com

Email icon

Email

cosec@gmdcltd.com

Phone icon

Phone

91-079-27913200/3501/1662/1680/0665

Location icon

Location

Khanij Bhavan 132 Ft Ring Road, Nr University Ground Vastrapur, Ahmedabad, Gujarat, 380052

Read More

Gujarat Mineral Development Corporation Ltd Company History

YearHistory
2015
  • Lignite Mine opened at Umarsar, Kutch.
  • Panadhro Lignite mine of GMDC has been the Winner of Lowest Injury Frequency Rate (LIFR) per Million Cum. Output > Coal Mines (Opencast) output > 10 million cubic meter (including overburden) for the year 2015.
2016
  • Mata-no-madh Lignite mine of GMDC has been the Runner of Lowest Injury Frequency Rate (LIFR) per Million Cum. Output > Coal Mines (Opencast) output > 10 million cubic meter (including overburden) for the year 2016.
2018
  • Gujarat Mineral Development Corporation Limited has informed the Exchange regarding Merger of Bhavnagar Energy Co. Ltd., with Gujarat State Electricity Corporation Ltd.
2023
  • Company emerged as the highest bidder for Two Coal Mines in Odisha in the recently concluded commercial coal block auction by the Ministry of Coal, Government of India.
  • GMDC has won the bids for Odisha's Burapahar Block in Sundargarh District, having a Geological Reserve of 548 million Tonnes.
  • GMDC has won the bids for the Baitarani (West) Block in Angul District, a geological reserve of 1152 million Tonnes.
2024
  • GMDC Successfully executed Coal Mining Development and Production Agreement with Ministry of Coal for Kudanali-Lubri Coal Mine in Odisha.
  • GMDC Amendment to Power Purchase Agreement between GMDC's Akrimota Thermal Power Station and GUVNL.

Read More

Deals

Client NameDeal TypeOrder SideQTYAvg PriceDate
MICROCURVES TRADING PRIVATE LIMITEDbulkBuy1808818710.4616 Apr 2026
MICROCURVES TRADING PRIVATE LIMITEDbulkSell1808818710.6816 Apr 2026
GRAVITON RESEARCH CAPITAL LLPbulkSell2106593560.2327 Nov 2025
GRAVITON RESEARCH CAPITAL LLPbulkBuy2106241559.8827 Nov 2025
JUNOMONETA FINSOL PRIVATE LIMITEDbulkBuy2720723619.3623 Sept 2025
GRAVITON RESEARCH CAPITAL LLPbulkBuy1995001610.323 Sept 2025
JUNOMONETA FINSOL PRIVATE LIMITEDbulkSell2720723619.723 Sept 2025
HRTI PRIVATE LIMITEDbulkBuy2813606614.423 Sept 2025
GRAVITON RESEARCH CAPITAL LLPbulkSell1995001610.7223 Sept 2025
HRTI PRIVATE LIMITEDbulkSell2500980615.0123 Sept 2025

Read More

Gujarat Mineral Development Corporation Ltd News

GMDC Q2 PBT rises to ₹2.34B on exceptional gains

Gujarat Mineral Development Corporation reported Q2 PBT of ₹2.34B, up from ₹1.55B YoY, driven by a ₹4.7B exceptional item and 73% revenue growth.

30 Oct 2026

companies

GMDC appoints IIM-A professor as independent director

Gujarat Mineral Development Corporation appoints Prof. Amit Karna as Additional Independent Director and Audit Committee member, effective October 21, 2026.

22 Oct 2026

companies

GMDC pays ₹223.55 Cr dividend to Gujarat Govt

GMDC presented a dividend cheque of ₹223.55 crore to the Government of Gujarat for FY26, reflecting its 74% stake. The payout follows a standalone PAT of ₹990.81 crore.

21 Oct 2026

companies

GMDC rated ESG Leader by Niche 99

Gujarat Mineral Development Corporation received an ESG rating of 69, categorized as Leader, from Niche Ninety Nine. The assessment was based on public data without company input.

18 Sept 2026

companies

GMDC Q1 Results: Revenue up to 9.07B, EBITDA rises YoY

Gujarat Mineral Development Corporation posts Q1 revenue of 9.07B rupees vs 7.3B YoY; EBITDA rises to 1.9B rupees while net profit holds near flat at 1.63B rupees.

31 Jul 2026

companies

Read More

Frequently Asked Questions

  • 1.What is the stock price of Gujarat Mineral Development Corporation Ltd?

    As of 07/11/2026 at 6:34 PM, Gujarat Mineral Development Corporation Ltd shares are trading at ₹469.20.

  • 2.What is the market cap. of Gujarat Mineral Development Corporation Ltd?

    As of 07/11/2026, the market capitalization of Gujarat Mineral Development Corporation Ltd is ₹13,534.08 crore.

  • 3.When was Gujarat Mineral Development Corporation Ltd founded?

    Gujarat Mineral Development Corporation Ltd was founded in 1963.

  • 4.What are the P/E and P/B ratios of Gujarat Mineral Development Corporation Ltd?

    As of 07/11/2026, Gujarat Mineral Development Corporation Ltd has a P/E ratio of 22.56 and a P/B ratio of 2.54.

  • 5.How can I buy shares of Gujarat Mineral Development Corporation Ltd?

    You can buy shares of Gujarat Mineral Development Corporation Ltd through Pocketful. Simply open a Demat account, complete your KYC, add funds, and place a buy order.

  • 6.What is the shareholding pattern of Gujarat Mineral Development Corporation Ltd?

    As of September,2026, promoters hold 74.00% in Gujarat Mineral Development Corporation Ltd, while FIIs, DIIs and public shareholders hold 3.72%, 0.59% and 21.69%, respectively. The government holds 0.00%.

  • 7.Does Gujarat Mineral Development Corporation Ltd pay dividends?

    Yes, Gujarat Mineral Development Corporation Ltd pays dividends to eligible shareholders. The latest dividend announced by the company was ₹₹9.50 Dividend /Share per share.

  • 8.What is the dividend yield of Gujarat Mineral Development Corporation Ltd?

    As of 07 November, 2026, the dividend yield of Gujarat Mineral Development Corporation Ltd stands at 2.23%.

  • 9.What are the latest financial results of Gujarat Mineral Development Corporation Ltd?

    For the financial year ended March 2025, Gujarat Mineral Development Corporation Ltd reported revenue of ₹2,851.00 crore and a net profit of ₹686.00 crore.

  • 10.What is the Stock symbol of Gujarat Mineral Development Corporation Ltd?

    GMDCLTD is the stock symbol of Gujarat Mineral Development Corporation Ltd.

  • 11.Who is the CEO of Gujarat Mineral Development Corporation Ltd?

    The CEO of Gujarat Mineral Development Corporation Ltd is Hasmukh Adhia.

pocketful logo lightpocketful logo dark
PricingBecome a Partner
search icon
/

No results for ''

Popular search

  • popular search iconSuzlon Energy Ltd
  • popular search iconIndian Railway Finance Corporation Ltd
  • popular search iconTata Motors Ltd
  • popular search iconTata Steel Ltd
  • popular search iconRail Vikas Nigam Ltd

Recent search

      Log In
      search icon

      No results for ‘’

        Popular search

        • popular search iconSuzlon Energy Ltd
        • popular search iconIndian Railway Finance Corporation Ltd
        • popular search iconTata Motors Ltd
        • popular search iconTata Steel Ltd
        • popular search iconRail Vikas Nigam Ltd
        • popular search iconReliance Industries Ltd
        pocketful logo lightpocketful logo dark
        • Pricing
        • Become a Partner
        Log In
        • home icon
        • arrow iconstocks
        • arrow icongujarat mineral development corporation ltd
        • Overview
        • Analysis
        • Financials
        • Ratios
        • shareholding
        • Technical Analysis
        • Corporate Actions
        • Peer Comparison
        • About
        • Company History
        • Deals
        • News
        • FAQs

        Open Your Free Demat Account Now!

        Step into a world of zero fees and limitless opportunities!

        pocketful logo
        • Quick Links

          • Open Demat Account
          • Pocketful Web
          • Pocketful App
          • Pricing
          • Authorised Person
          • Pocketful Calculators
          • Compliance Links
        • Pages

          • Tools
          • Blogs
          • ETF Screener
          • IPO
          • ETF
          • Bonds
          • Index Heat Map
        • Products

          • Stocks
          • Commodity
          • Subscription
          • Free Stock Screener
          • Pocketful GPT
          • MTF
          • Mutual Funds
        • Company

          • About us
          • Contact us
          • Terms and Conditions
          • Policies & Procedures
          • Privacy Policy
          • Disclosure
          • Careers
        • Socials

          • Facebook iconFacebook
          • Twitter iconTwitter
          • Instagram iconInstagram
          • LinkedIn iconLinkedIn
          • Youtube iconYoutube

        2022-25 Pocketful. All rights reserved, Built with in India

        Version -5.76

        app image 1app image 2

        Stocks:

        AllABCDEFGHIJKLMNOPQRSTUVWXYZ

        Explore

        Calculators
        Popular Calculators
        Group Stocks
        Asset Management Companies
        Popular Stocks
        Indian Indices
        Sector Wise Stocks
        IPO
        Share Market
        Best MF Schemes
        Platforms
        Resources
        Gold Rates in Top Cities
        Silver Rates in Top Cities

        Others:

        NSEBSECDSLNSDLSEBIMCXMSEINCDEXNSE IFSCINDIA INXAccount Closure FormDP Investor CharterBroker Investor Charter

        Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800