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GUJARAT MINERAL DEV CORP (GMDCLTD) financials

GUJARAT MINERAL DEV CORP (GMDCLTD) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

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…

  • Market Cap: ₹13,499Cr.
  • Current Price: ₹425
  • Stock P/E: 22.4
  • ROE: 4.80%
  • ROCE: 11.3%
  • Book Value: ₹222
  • Dividend Yield: 2.24%
  • 52W High / Low: ₹772/416

In Jun 2026, GUJARAT MINERAL DEV CORP (GMDCLTD) reported sales ₹907 Cr and net profit ₹163 Cr.

Annual TTM: sales ₹2,827 Cr, net profit ₹990 Cr.

Shareholding: Promoters 74.00% (Sep 2026), FIIs 3.72% (Sep 2026), DIIs 0.59% (Sep 2026), Government 0.00% (Sep 2026), Public 21.68% (Sep 2026).

GMDCLTD quarterly results (₹ Cr.)
CategorySep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales593653786733528579814907
Expenses451561592563454476684716
Operating Profit1429319417074103130191
OPM %24%14%25%23%14%18%16%21%
Other Income621151177758310118576
Interest11001157
Depreciation2126272222224933
Profit before tax183180284225634182262227
Tax %29%18%21%27%26%26%16%28%
Net Profit129149225164470135221163
EPS in Rs4.064.687.095.1614.794.256.965.13
Raw PDF————————
GMDCLTD profit and loss (₹ Cr.)
CategoryMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,4491,3292,7323,4982,4632,5342,5232,827
Expenses1,3211,3322,0092,1611,8531,8932,0452,329
Operating Profit128-37231,337610641477498
OPM %9%-0.2%26%38%25%25%19%18%
Other Income169-245155392269347947945
Interest223232713
Depreciation929498818095115126
Profit before tax203-3447771,6467968911,3021,304
Tax %29%-89%43%27%25%23%24%—
Net Profit145-374451,201596682991990
EPS in Rs4.56-1.1614.0037.7718.7321.4431.1631.13
Dividend Payout %44%-17%31%30%51%47%30%—
GMDCLTD balance sheet (₹ Cr.)
CategoryMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital6464646464646464
Reserves4,2223,9993,9694,7225,6835,9966,3407,005
Borrowings-0-01123126317
Other Liabilities8919679051,0631,1661,2661,1821,595
Total Liabilities5,1775,0304,9385,8496,9147,3287,7128,980
Fixed Assets2,1292,0561,5831,5081,4521,5491,5502,007
CWIP14623282927751,248
Investments426259292587480553473459
Other Assets2,6202,7103,0573,7314,9534,9344,9145,266
Total Assets5,1775,0304,9385,8496,9147,3287,7128,980
GMDCLTD cash flows (₹ Cr.)
CategoryMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity14361494839351111,068744
Cash from Investing Activity218285-675-789253-818-613
Cash from Financing Activity-134-77-63-7-137-365-183-154
Net Cash Flow3011172-1998-067-23
Free Cash Flow73-4138445910-365433-289
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit61%128%-694%98%103%57%136%188%
GMDCLTD shareholding pattern (%)
CategoryDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters74.00%74.00%74.00%74.00%74.00%74.00%74.00%74.00%
FIIs1.94%2.15%2.25%3.32%2.30%3.76%3.66%3.72%
DIIs0.75%0.76%0.79%0.76%0.86%0.94%0.81%0.59%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public23.33%23.10%22.97%21.92%22.84%21.31%21.53%21.68%
No. of Shareholders2,51,8132,50,5382,27,8502,24,5582,37,2202,41,5512,48,4802,50,553
GMDCLTD key ratios
CategoryMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days2935402719151210
Inventory Days————————
Days Payable————————
Cash Conversion Cycle2935402719151210
Working Capital Days228271290153147224198277
ROCE %14%5%1%18%31%14%14%11%
GMDCLTDUpdated 23 Oct 2026, 21:21

Gujarat Mineral Dev Corp

Market Cap

₹13,499Cr.

Current Price

₹425

High / Low

₹772/416

Stock P/E

22.4

Book Value₹222
Dividend Yield2.24%
ROCE11.3%
ROE4.80%
Face Value₹2.00

About

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]

Quarterly results

Last reported quarters₹ Cr.

Profit & loss

Annual statement₹ Cr.

Shareholding pattern

As of Sep 2026%

Shareholding trend

Ownership over time%

Balance sheet

Assets & liabilities₹ Cr.

Cash flows

Operating, investing & financing₹ Cr.

Key ratios

Historical financial ratios
CategoryMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days213028202935402719151210
Inventory Days————————————
Days Payable————————————
Cash Conversion Cycle213028202935402719151210
Working Capital Days254358228178228271290153147224198277
ROCE %17%9%12%13%14%5%1%18%31%14%14%11%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of GUJARAT MINERAL DEV CORP (GMDCLTD)?

The reported market capitalisation for GUJARAT MINERAL DEV CORP (GMDCLTD) is ₹13,499Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of GMDCLTD?

The current price shown for GUJARAT MINERAL DEV CORP (GMDCLTD) on Fincrux is ₹425 with a 52-week high/low of ₹772/416.

What is the P/E ratio of GUJARAT MINERAL DEV CORP (GMDCLTD)?

The stock P/E for GUJARAT MINERAL DEV CORP (GMDCLTD) is 22.4 on Fincrux, with ROE at 4.80% and ROCE at 11.3%.

What were GMDCLTD latest quarterly results?

For Jun 2026, GUJARAT MINERAL DEV CORP (GMDCLTD) reported sales ₹907 Cr and net profit ₹163 Cr (figures in ₹ crore unless noted).

What are GMDCLTD annual sales and net profit?

For TTM, GUJARAT MINERAL DEV CORP (GMDCLTD) shows sales of ₹2,827 Cr and net profit of ₹990 Cr on the Fincrux profit & loss statement.

Who owns GUJARAT MINERAL DEV CORP (GMDCLTD)?

Latest shareholding for GUJARAT MINERAL DEV CORP (GMDCLTD) on Fincrux: Promoters 74.00% (Sep 2026), FIIs 3.72% (Sep 2026), DIIs 0.59% (Sep 2026), Government 0.00% (Sep 2026), Public 21.68% (Sep 2026).

Where can I find GUJARAT MINERAL DEV CORP (GMDCLTD) financials?

GUJARAT MINERAL DEV CORP (GMDCLTD) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show GMDCLTD balance sheet and cash flow?

Yes. The GUJARAT MINERAL DEV CORP (GMDCLTD) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 23 October 2026 at 21:21

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