Gujarat Mineral Development Corporation Limited
NSE: GMDCLTDMarket Closed • NSE
Day range
52 week range
Gujarat Mineral Development Corporation Limited closed at INR471.05 (+0.76%) on volume 0.72x its 20-day average, trading 38.98% below its 52-week high.
2026-Q2
Q2 FY2026 Financial Results
PAT moved -16% QoQ
2026-09-23
DIVIDEND Announced
Dividend - Rs 9.50 Per Share
2025-09-18
DIVIDEND Announced
Dividend - Rs 10.10 Per Share
Revenue and PAT bars use independent scales to make their year-on-year direction readable.
Complete reported financial history · Values use the company's reporting currency
Hover over the chart for exact reported values. Percentage lines use the right-hand axis.
A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.
Strengths
Attractive Valuation: P/E of 15.7x trades below sector historical averages
Risks
Elevated Leverage Burden: Debt-to-Equity stands at 4.47x
Bull case
Market Leadership: Established operational scale in Thermal Coal.
Bear case
Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.
Flip condition
Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.
Ownership distribution
Category trends
Hover over a period for exact holdings
Complete dividend, bonus, split, rights and other action history
| Record date | Corporate action | Information | Announcement date | Ex-date |
|---|---|---|---|---|
| 23 Sept 2026 | Dividend | ₹9.50 / share | — | 23 Sept 2026 |
| 18 Sept 2025 | Dividend | ₹10.10 / share | — | 18 Sept 2025 |
| — | Dividend | ₹9.55 / share | — | 20 Sept 2024 |
| — | Dividend | ₹11.45 / share | — | 22 Sept 2023 |
| — | Dividend | ₹4.30 / share | — | 22 Sept 2022 |
| — | Dividend | ₹0.20 / share | — | 17 Nov 2021 |
| — | Dividend | ₹2.00 / share | — | 22 Dec 2020 |
| — | Dividend | ₹2.00 / share | — | 20 Sept 2019 |
| — | Dividend | ₹3.50 / share | — | 19 Sept 2018 |
| — | Dividend | ₹3.00 / share | — | 20 Sept 2017 |
| — | Dividend | ₹3.00 / share | — | 21 Sept 2016 |
| — | Dividend | ₹3.00 / share | — | 23 Sept 2015 |
Traded volume and delivery percentage across the latest 20 sessions
Compare valuation, latest quarterly performance and year-on-year growth
| Company name | Market cap ₹ Cr | P/E ratio | Dividend yield % | Quarterly sales ₹ Cr | Profit after tax ₹ Cr | Sales growth % | Profit growth % |
|---|---|---|---|---|---|---|---|
 Reliance Industries LimitedRELIANCE Open analysis | ₹16.39L | 21.93 | 0.49% | ₹3.09L | ₹23,196.00 | +27.02% | -24.65% |
 Adani Enterprises LimitedADANIENT Open analysis | ₹3.64L | 43.39 | 0.05% | ₹5,954.00 | -₹890.00 | +1.29% | -280.16% |
 Oil and Natural Gas Corporation LimitedONGC Open analysis | ₹2.79L | 6.42 | 6.45% | ₹2.05L | ₹6,554.00 | +25.68% | -43.28% |
 Coal India LimitedCOALINDIA Open analysis | ₹2.57L | 8.22 | 6.34% | ₹48,295.27 | ₹8,852.11 | +51.49% | +1.24% |
 Indian Oil Corporation LimitedIOC Open analysis | ₹1.84L | 5.29 | 2.52% | ₹2.66L | -₹1,141.00 | +38.51% | -116.76% |
 Bharat Petroleum Corporation LimitedBPCL Open analysis | ₹1.27L | 7.32 | 6.81% | ₹1.51L | -₹1,873.00 | +34.41% | -127.39% |
 Hindustan Petroleum Corporation LimitedHINDPETRO Open analysis | ₹73,622.66 | 44.08 | 6.96% | ₹1.41L | -₹12,265.00 | +26.85% | -398.35% |
 Oil India LimitedOIL Open analysis | ₹72,384.05 | 8.66 | 2.92% | ₹9,293.27 | ₹2,099.61 | +5.51% | +60.26% |
Gujarat Mineral Development Corporation Ltd is a Government of Gujarat enterprise engaged primarily in mining and marketing lignite and other industrial minerals, alongside a 250 MW lignite-based thermal plant, 200.9 MW of wind farms and a 5 MW solar plant. Its Odisha coal mines and new lignite, limestone, rare-earth and copper projects remain under development rather than commercial operation.[1][2][3]
IndiaEnergy
Is Gujarat Mineral Development Corporation Limited Shariah compliant?
Gujarat Mineral Development Corporation Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (2.11%) complies with AAOIFI threshold (≤ 33%).
What is Gujarat Mineral Development Corporation Limited's current valuation relative to peers?
Gujarat Mineral Development Corporation Limited trades at a P/E of 15.7x compared to the sector median of 15.5x, and a Price-to-Book of 2.1x.
Is the company financially healthy?
The company has a Debt-to-Equity ratio of 4.47x. Interest coverage is 46.1x.
What are the historical revenue and profit growth rates?
Over the past 5 years, revenue compounded at -1.4% while net profit growth averaged 7.1%.
Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.
Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.