Gujarat Mineral Development Corporation Limited
GMDCLTD · 532181 · Commodities · Industrial Minerals
- Market cap
- Rs 13,952 Cr
- P/E
- 14.59x
- P/B
- 1.97x
- 52W high / low
- Rs 771.9 / Rs 416.4
About Gujarat Mineral Development Corporation
Gujarat Mineral Development Corporation Limited is listed on the NSE under the symbol GMDCLTD and on the BSE under scrip code 532181. It is classified in the Commodities sector, industry: Industrial Minerals. It is a constituent of BSE 500, NIFTY 500 and NIFTY Smallcap 250. The company listed on 17 Dec 1997 and has a face value of Rs 2.
The latest available end-of-day price is Rs 438.75 (+0.55% on the day), for a market capitalisation of Rs 13,952 Cr. Trailing P/E is 14.59x and price-to-book is 1.97x. The 52-week range is Rs 416.4 to Rs 771.9. The latest price is 6% of the way from the 52-week low to the 52-week high.
Against the 7-company comparison set from the official BSE basic industry Industrial Minerals, its market capitalisation is 1.9 times the peer median of Rs 7,440 Cr, and its P/E of 14.59x compares with a peer median of 14.65x. The comparison set is chosen mechanically from the exchange classification; it is not a ranking.
Latest annual results
For FY26 (year ended 31 Mar 2026), Gujarat Mineral Development Corporation Limited reported revenue of Rs 2,653 Cr and net profit of Rs 957 Cr, with a net margin of 36.05% and earnings per share of Rs 30.08 (consolidated statements).
Year-on-year change: revenue −4.00%; net profit +39.50%; EPS +39.45%. Three-year compound annual growth rate: revenue −7.55%; net profit −7.68%.
At the same date the balance sheet shows total assets of Rs 8,983 Cr, shareholders' equity of Rs 7,073 Cr, total debt of Rs 309 Cr, cash of Rs 94.3 Cr, a debt-to-equity ratio of 0.04 and operating cash flow of Rs 744 Cr.
On a trailing-twelve-month basis the filings add up to revenue of Rs 2,827 Cr, net income of Rs 956 Cr and a net margin of 33.82%.
Shareholding pattern
In the shareholding pattern for 30 Sept 2026, Gujarat Mineral Development Corporation Limited's ownership is split: promoters 74.00%; foreign institutional investors (FIIs) 3.72%; domestic institutional investors (DIIs) 0.59%; retail and other shareholders 21.69%.
Compared with the filing for 30 Jun 2026: promoter holding 0.00 percentage points; FII holding +0.07 percentage points; DII holding −0.23 percentage points.
The same filing lists reported promoter pledge of 0.00% and 2,50,553 shareholders on record.
Recent filings and corporate actions
54 BSE corporate announcements were filed by Gujarat Mineral Development Corporation Limited in the past twelve months; the most frequent category is "Company Update" (36). The most recent is "Appointment of Prof. Amit Karna as Additional Independent Director" (Company Update), filed on 22 Oct 2026.
The disclosed corporate-action timeline lists 6 entries: dividend (6). The latest is a dividend (Dividend - Rs. - 9.5000) with ex-date 23 Sept 2026.
Figures are raw disclosures from official NSE/BSE and SEBI filings plus mechanically computed ratios, restated in words. This is research data, not investment advice, a rating or a recommendation; DalalOS is not a SEBI-registered investment advisor.
More
Peer comparison
Official BSE basic industry: Industrial Minerals. Limited to companies within a 0.1x–10x market-cap band.
Edit columns
| Lloyds Metals And Energy Limited | Rs 1,826.9 | Rs 1,02,818 Cr | Rs 22,376 Cr | Rs 4,921 Cr | 20.68x | 47.02% |
| NMDC Limited | Rs 67.54 | Rs 59,380 Cr | Rs 33,663 Cr | Rs 7,459 Cr | 7.96x | 24.97% |
| Gujarat Mineral Development Corporation LimitedThis company | Rs 438.75 | Rs 13,952 Cr | Rs 3,268 Cr | Rs 956 Cr | 14.59x | 11.76% |
| Gravita India Limited | Rs 1,413.6 | Rs 10,432 Cr | Rs 5,178 Cr | Rs 398 Cr | 25.87x | 17.60% |
| MOIL Limited | Rs 218.53 | Rs 4,447 Cr | Rs 1,614 Cr | Rs 304 Cr | 14.65x | 11.36% |
| Ashapura Minechem Limited | Rs 428.1 | Rs 4,090 Cr | Rs 5,618 Cr | Rs 411 Cr | 10.05x | 22.32% |
| The Orissa Minerals Development Company Limited | Rs 3,204.1 | Rs 1,922 Cr | Rs 108 Cr | Rs 3.3 Cr | — | — |
| Median | Rs 920.85 | Rs 7,440 Cr | Rs 5,398 Cr | Rs 404 Cr | 14.65x | 22.32% |
Peers are selected mechanically from the official BSE industry hierarchy and current market-cap band. This is a comparison set, not a ranking or recommendation.
Companies related to Gujarat Mineral Development Corporation
Same official industry (Industrial Minerals)
- Lloyds Metals And Energy LimitedLLOYDSME · Market cap Rs 1,02,818 Cr
- NMDC LimitedNMDC · Market cap Rs 59,380 Cr
- Gravita India LimitedGRAVITA · Market cap Rs 10,432 Cr
- MOIL LimitedMOIL · Market cap Rs 4,447 Cr
- Ashapura Minechem LimitedASHAPURMIN · Market cap Rs 4,090 Cr
- The Orissa Minerals Development Company LimitedORISSAMINE · Market cap Rs 1,922 Cr
Other Commodities companies of a similar market capitalisation
- Tata Chemicals LimitedTATACHEM · Market cap Rs 15,388 Cr
- Atul LimitedATUL · Market cap Rs 15,150 Cr
- Deepak Fertilizers and Petrochemicals Corporation LimitedDEEPAKFERT · Market cap Rs 14,925 Cr
- Bayer Cropscience LimitedBAYERCROP · Market cap Rs 14,771 Cr
- Chambal Fertilizers & Chemicals LimitedCHAMBLFERT · Market cap Rs 14,652 Cr
- Paradeep Phosphates LimitedPARADEEP · Market cap Rs 14,517 Cr
- Anupam Rasayan India LimitedANURAS · Market cap Rs 13,457 Cr
- Supreme Petrochem LimitedSPLPETRO · Market cap Rs 13,417 Cr
Companies are grouped mechanically from the exchange classification and listed by market capitalisation. This is a comparison set, not a ranking or recommendation.