Gujarat Mineral Development Corporation Limited
Gujarat Mineral Development Corporation Limited operates in Industrial Minerals, part of the Metals & Mining sector. It booked ₹903 cr of revenue in its latest quarter (Q2 FY27) and kept 18.9% of sales as profit. It is the 3rd largest of 9 Industrial Minerals companies we track, by market value.
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
Healthier than 51% of companies in Metals & Mining, on all six measures of filed financials. Each measure is ranked against the 13–27 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 32
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in GMDCLTD?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹903 cr |
| Other Income | ₹84 cr |
| Total Income | ₹987 cr |
| Cost of Materials | ₹0 cr |
| Purchases of Stock-in-Trade | ₹0 cr |
| Inventory Change (±) | ₹-94 L |
| Employee Benefit Expense | ₹41 cr |
| Finance Costs | ₹7 cr |
| Depreciation & Amortisation | ₹33 cr |
| Other Expenses | ₹673 cr |
| Total Expenses | ₹752 cr |
| Profit before Tax | ₹235 cr |
| Tax Expense | ₹63 cr |
| Share of JV / Associates | ₹-44 L |
| Net Profit | ₹171 cr |
| Net margin on total income | 17.3% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 814 cr | 907 cr | 903 cr |
| Total income | 969 cr | 983 cr | 987 cr |
| Expenses | 764 cr | 756 cr | 752 cr |
| Profit before tax | 235 cr | 227 cr | 235 cr |
| Tax | 41 cr | 64 cr | 63 cr |
| Net profit (owners' share) | 194 cr | 163 cr | 171 cr |
| Net margin (owners' share, on revenue) | 23.8% | 18.0% | 18.9% |
| EPS (₹) | 6.10 | 5.14 | 5.37 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Lloyds Metals And Energy Limited | ₹1,780 | ₹1.00 L cr | 14.5 | 49.8% | 23.5% | — |
| NMDC Limited | ₹68 | ₹59,960 cr | 7.6 | 23.2% | 29.1% | — |
| Gujarat Mineral Development Corporation Limitedthis company | ₹426 | ₹13,534 cr | 19.8 | 9.6% | 18.9% | — |
| Gravita India Limited | ₹1,400 | ₹10,334 cr | 25.0 | 15.4% | 7.1% | — |
| MOIL Limited | ₹203 | ₹4,823 cr | 23.4 | 7.3% | 19.2% | — |
| Ashapura Minechem Limited | ₹418 | ₹3,990 cr | 8.6 | 28.0% | 7.1% | — |
| The Orissa Minerals Development Company Limited | ₹3,175 | ₹1,905 cr | 138.1 | — | 12.1% | — |
| 20 Microns Limited | ₹175 | ₹617 cr | 11.3 | 10.7% | 5.7% | — |
| Goa Carbon Limited | ₹407 | ₹372 cr | — | -15.6% | -10.0% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹9.5 / share | 23 Sep 2026 |
| Dividend | ₹10.1 / share | 18 Sep 2025 |
| Dividend | ₹9.55 / share | 20 Sep 2024 |
| Dividend | ₹11.45 / share | 22 Sep 2023 |
| Dividend | ₹4.3 / share | 22 Sep 2022 |
| Dividend | ₹0.2 / share | 17 Nov 2021 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.