Gujarat Mineral Development Corporation Limited

Metals & Mining · Minerals & Mining

NSE: GMDCLTD BSE: 532181
₹507.70
▼ -5.50 (-1.07%)
Sept. 30, 2026 · NSE · nse_bhavcopy
Quality
69/100
Moderate
Valuation
83/100
Undervalued
Momentum
9/100
Bearish

QVM read Cheap on its own multiples Quality Moderate, Valuation Undervalued, Momentum Bearish

Tradinity's own scoring, not a copy of any third party's -- see the Key Metrics section for the real ratios behind each number.

About

Gujarat Mineral Development Corporation Limited (GMDC) is a major Indian state-owned minerals and lignite mining company based in Ahmedabad. GMDC was founded in 1963.

Source: Wikipedia

Key Metrics

Market Capitalization
₹16,145 Cr
PE (TTM)
16.3
Industry median 16.1 (10 companies)
Price to Book
2.3
PEG (TTM)
0.3
Institutions holding %
4.47%
FII + DII, latest filed period
Piotroski Score
4
Relative return vs Nifty50, qtr %
-11.6
Relative return vs Sector, qtr %
-2.1
Free Cash Flow
₹-290 Cr
as of March 31, 2026
Industry median ₹-1 Cr (14 companies)
EPS Growth (YoY)
-0.58%
as of June 30, 2026
Industry median 11.64% (14 companies)
Net Profit Growth (TTM)
48.29%
as of June 30, 2026
Industry median 6.13% (14 companies)
Operating Revenue Growth (TTM)
2.25%
as of June 30, 2026
Industry median 3.85% (14 companies)
Profit Growth (YoY)
-0.68%
as of June 30, 2026
Industry median 14.21% (12 companies)
Revenue Growth (YoY)
23.76%
as of June 30, 2026
Industry median 6.56% (13 companies)
Current Ratio
4.14
as of March 31, 2026
Industry median 2.40 (14 companies)
Debt to Equity
0.04
as of March 31, 2026
Industry median 0.30 (14 companies)
Interest Coverage
99.45
as of June 30, 2026
Industry median 16.66 (14 companies)
Net Margin
17.98%
as of June 30, 2026
Industry median 12.11% (12 companies)
Operating Margin (EBIT)
25.79%
as of June 30, 2026
Industry median 11.65% (13 companies)
Operating Margin (TTM)
46.60%
as of June 30, 2026
Industry median 13.30% (14 companies)
Return on Assets
10.65%
as of March 31, 2026
Industry median 8.84% (14 companies)
Return on Capital Employed
15.55%
as of March 31, 2026
Industry median 15.16% (14 companies)
Return on Equity
13.53%
as of March 31, 2026
Industry median 13.49% (14 companies)

Investment checklist

Tradinity's own yes/no questions with the rule stated beside each. “Items without enough data are left out, never counted as a No, and the totals count only answered questions. A summary of numbers on this page, not advice.

Financials

1 of 8 met
  • No Net profit is higher than a year earlier in each of the last 4 quarters
  • No Revenue is higher than a year earlier in each of the last 4 quarters
  • No Quality score is Strong (70 or more)
  • No Piotroski F-score is 7 or more (score 4)
  • Yes Debt to equity is below 0.5 (0.04)
  • No Return on equity is 15% or more (13.5%)
  • No Net cash flow for the latest year is positive
  • No Cash from operations is higher than the year before

Ownership

2 of 3 met
  • No FII/FPI or DII holding rose in the latest quarter
  • Yes Promoter holding rose or was unchanged in the latest quarter
  • Yes Promoter pledge is 5% of their holding or less and not rising (0.0% pledged)

Peer comparison

1 of 3 met
  • No 1-year return beats the industry median
  • Yes Revenue growth beats the industry median
  • No Profit growth beats the industry median

Value and momentum

1 of 6 met
  • No Price sits in the Buy zone of its own historical PE range (Fair Value Zone)
  • Yes Valuation score is Undervalued (70 or more)
  • No Momentum score is Bullish (70 or more)
  • No Price is above the 5, 10 and 20 day averages
  • No Price is above the 50, 100 and 200 day averages
  • No Latest candle has a bullish shape (hammer, dragonfly doji, white marubozu)

Price

Download CSV

PE/EPS use each quarter's real filed EPS only from 45 days after quarter-end (no look-ahead) against the raw close of the day. Price-to-book isn't a mode here: the feed has no dated share count, so there's no real history to chart.

RSI (14) (same adjusted close series as the price chart above)

MACD (12, 26, 9) (same adjusted close series as the price chart above)

Relative Returns (vs NIFTY 50)

Prices adjusted for splits and bonuses. * = a corporate action affecting this date could not be parsed and is not reflected.

Price range

Day return
-1.1%
Low 506.0000 · High 524.4000
1W return
-8.8%
Low 506.0000 · High 552.7000
1M return
-9.8%
Low 506.0000 · High 601.0000
52W return
-18.2%
Low 466.4000 · High 771.9000
Lifetime High ₹2903.1500 (Nov. 6, 2007)
Lifetime Low ₹25.6500 (Oct. 30, 2000)

Full price history and technicals →

EMA & SMA

Bullish0
Bearish6
5D
523.0
10D
535.1
20D
547.1
50D
564.6
100D
577.2
200D
591.0

Delivery and volume

Day avg. delivery
37.3%
Week avg. delivery
39.8%
Month avg. delivery
33.0%

Week = 5 sessions, Month = 22 sessions ending the latest trading day — the same combined NSE+BSE delivery data as the table below, just summed.

Resistance and support

512.70
Pivot
First resistance519.40
Second resistance531.10
Third resistance537.80
First support501.00
Second support494.30
Third support482.60
Day RSI28.3
Day MFI56.0
Day MACD-13.25
Day MACD signal-8.30

Beta

1M1.16
3M0.78
1Y1.18
3Y1.57

Price change analysis

↓ -9.8%
Over 1 Month
LowHigh
506.00601.00
↓ -16.9%
Over 3 Months
LowHigh
506.00621.40
↓ -12.5%
Over 6 Months
LowHigh
506.00771.90
↓ -18.2%
Over 1 Year
LowHigh
466.40771.90
Legend Positive indicator Neutral indicator Negative indicator

Buy/Sell Zone

View Buy/Sell Zone →
Current PE 16.3 (own history: 12.3–21.5)
Fair Value Zone
Revenue (June 30, 2026)
₹907 Cr
Net profit (June 30, 2026)
₹163 Cr
Basic EPS (June 30, 2026)
₹5.1300

Ranks #3 of 14 in Minerals & Mining by market cap -- full peer table on the Financials page.

Shareholding pattern / Ownership

Shareholding summary

Jun 2026
  • Promoter74.00%
  • Mutual funds0.45%
  • FII/FPI3.65%
  • Other DII0.37%
  • Public21.53%

Largest holders

NameCategoryShares %Shares
H E THE GOVERNOR OF GUJARATPromoter74.0000%235320000

As of June 30, 2026. Only holders the filing discloses individually.

Historical promoter holding

Promoters holdings were unchanged at 74.00% in Jun 2026 qtr

Historical fii holding

FII/FPI holdings decreased from 3.75% to 3.65% in Jun 2026 qtr

Historical mutual fund holding

Mutual funds holdings decreased from 0.51% to 0.45% in Jun 2026 qtr

3 mutual fund schemes also hold this stock.

All shareholding details →

Insider trading, SAST & pledges

All 0 insider trades, 2 SAST, 0 pledge events →

All insider and SAST disclosures →

DateClientDealActionQuantityPriceExchange
16 Apr 2026 MICROCURVES TRADING PRIVATE LIMITED Bulk Buy 1,808,818 710.4600 NSE
16 Apr 2026 MICROCURVES TRADING PRIVATE LIMITED Bulk Sell 1,808,818 710.6800 NSE
23 Sep 2025 JUNOMONETA FINSOL PRIVATE LIMITED Bulk Sell 2,720,723 619.7000 NSE
23 Sep 2025 JUNOMONETA FINSOL PRIVATE LIMITED Bulk Buy 2,720,723 619.3600 NSE
23 Sep 2025 HRTI PRIVATE LIMITED Bulk Buy 2,813,606 614.4000 NSE
23 Sep 2025 HRTI PRIVATE LIMITED Bulk Sell 2,500,980 615.0100 NSE
23 Sep 2025 GRAVITON RESEARCH CAPITAL LLP Bulk Sell 1,995,001 610.7200 NSE
23 Sep 2025 GRAVITON RESEARCH CAPITAL LLP Bulk Buy 1,995,001 610.3000 NSE
12 Sep 2025 HRTI PRIVATE LIMITED Bulk Buy 2,093,288 549.9400 NSE
12 Sep 2025 HRTI PRIVATE LIMITED Bulk Sell 2,080,398 551.3600 NSE

All bulk and block deals →

Last 12 months ₹9.50 per share
Dividend yield 1.87%
Ex-dateSubjectPer share (₹)Record date
23 Sep 2026 Dividend - Rs 9.50 Per Share 9.5000 23 Sep 2026
18 Sep 2025 Dividend - Rs 10.10 Per Share 10.1000 18 Sep 2025
20 Sep 2024 Dividend - Rs 9.55 Per Share 9.5500 —
22 Sep 2023 Annual General Meeting/Dividend - Rs 11.45 Per Share 11.4500 —
22 Sep 2022 Annual General Meeting/Dividend - Rs 4.30 Per Share 4.3000 —
17 Nov 2021 Annual General Meeting/Dividend - Rs 0.20 Per Share 0.2000 —
22 Dec 2020 Annual General Meeting/Dividend - Rs 2 Per Share 2.0000 —
20 Sep 2019 Annual General Meeting/Dividend - Rs 2 Per Share 2.0000 —
19 Sep 2018 Annual General Meeting/Dividend- Rs 3.50 Per Share 3.5000 —
20 Sep 2017 Annual General Meeting/ Dividend- Rs 3/- Per Share 3.0000 —

Corporate Actions

Full history (24 events) →

Bonuses, splits, buybacks and other events. Dividends are listed separately above.

Ex-dateTypeSubject
16 Oct 2008BONUSBonus 1:1
8 Nov 2007SPLITFv Split Rs.10/- To Rs.2/
17 Sep 2009AGMAgm/Div-Rs.2/- Per Share

All corporate actions →

Quarterly results, AGMs, buybacks and other board-approved business.

DatePurposeResults
31 Jul 2026 Financial Results Yes
14 May 2026 Financial Results/Dividend Yes
13 Feb 2026 Financial Results Yes
14 Nov 2025 Financial Results Yes
25 Jul 2025 Financial Results Yes

Corporate Announcements

All 438 announcements, with search →

Exchange disclosures (NSE and BSE), most recent first.

DateCategoryAnnouncement
30 Sep 2026 Shareholders meeting Gujarat Mineral Development Corporation Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 30, 2026. Further, the company has informed the Exchange regarding voting results.
30 Sep 2026 Shareholders meeting Gujarat Mineral Development Corporation Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 30, 2026
30 Sep 2026 AGM/EGM Gujarat Mineral Development Corporation Ltd - 532181 - Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
30 Sep 2026 AGM/EGM Gujarat Mineral Development Corporation Ltd - 532181 - Shareholder Meeting / Postal Ballot-Outcome of AGM
29 Sep 2026 Appointment Gujarat Mineral Development Corporation Limited has informed the Exchange regarding Appointment of Mr Ajay Bhadoo IAS as Managing Director of the company w.e.f. September 29, 2026.
29 Sep 2026 Trading Window Gujarat Mineral Development Corporation Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
29 Sep 2026 Company Update Gujarat Mineral Development Corporation Ltd - 532181 - Announcement under Regulation 30 (LODR)-Change in Management
29 Sep 2026 Insider Trading / SAST Gujarat Mineral Development Corporation Ltd - 532181 - Closure of Trading Window
18 Sep 2026 Company Update Gujarat Mineral Development Corporation Ltd - 532181 - Intimation Of ESG Rating
18 Sep 2026 Company Update Gujarat Mineral Development Corporation Ltd - 532181 - Announcement under Regulation 30 (LODR)-Credit Rating

All announcements →

SWOT

Tradinity's own rule-based read of the real ratios elsewhere on this page -- not a copy of any third party's, and never a forward-looking prediction.

Strengths

  • Low financial leverage (Debt/Equity 0.04)
  • Comfortable interest coverage (99.4x)
  • Strong revenue growth YoY (23.8%)

Weaknesses

  • Declining profit YoY (-0.7%)

Opportunities

  • PEG below 1 (0.34) -- earnings growth outpacing its own valuation
  • RSI in oversold territory (28.3) -- a technical rebound zone

Threats

Data unavailable.

Single-stock futures available for this stock -- OI buildup, PCR, Max Pain and Greeks are all on the full F&O page.

Part of: NIFTY 500, NIFTY 500

Frequently asked questions about Gujarat Mineral Development Corporation Limited

Where is the share price?

The price at the top of this page is the last traded price from exchange data; during market hours it refreshes on its own. The Chart & Technicals section has the full price history.

Where are the financial results?

The Financials page has quarterly and annual results, ratios, cash flow and the balance sheet, on a standalone or consolidated basis.

Who owns the company?

The Ownership section shows the latest shareholding pattern from exchange filings, with promoter, FII, DII and public holdings by quarter.

Does Tradinity give buy or sell advice?

No. The scores and checklist on this page are rule-based summaries of published figures, not recommendations. Tradinity is not a registered investment adviser.