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Gujarat Mineral Development Corporation Ltd

Gujarat Mineral Development Corporation Ltd share price and stock overview

Gujarat Mineral Development Corporation Ltd (NSE: GMDCLTD, BSE: 532181) operates in the Mining / Minerals / Metals sector. The stock has an ISIN of INE131A01031 and a face value of Rs 2. As of 26 October 2026, it trades at Rs (424.60) with a market capitalisation of Rs 13500.69 crore. Figures are live and subject to change.

Gujarat Mineral Development Corporation Ltd

Mining / Minerals / Metals

NSE BSE

424.60 -10.40 (-2.39%) downArrowC

As on: 26-Oct-2026 , 06:39 AM

Market Cap(₹Cr) 13500.69

Book Value(₹Cr) 222.2820755

BSE Code : 532181 NSE Symbol : GMDCLTD EPS(TTM) : 18.93 ISIN Demat : INE131A01031 P/E(TTM) : 22.43 Face Value(₹) : 2 Div & Yield % : 2.24

Today Market

Stock Performance

Today Market

Today's High

73,766.51

Todday's Low

72,452.37

Open at

73,665.64

Previous Close

73,249.39

Volumes

Avg Price

-125.56

Historical Performance

News

22 Oct 26

Gujarat Mineral Development Corporation appoints Prof. Amit Karna as director, effective 2026

Gujarat Mineral Development Corporation Limited announced the appointment of Prof.

14 Oct 26

Gujarat Mineral Development Corporation to review financial results at October board meeting

Gujarat Mineral Development Corporation Limited will hold a board meeting on October 30, 2026, to consider and approve the standalone and consolidated unaudited financial results for the quarter ended September 30, 2026, according to a regulatory filing with the National Stock Exchange of India and the Bombay Stock Exchange Ltd.

14 Oct 26

Gujarat Mineral Development Corporation confirms securities dematerialization per SEBI regulations

Gujarat Mineral Development Corporation Limited, a Government of Gujarat enterprise, submitted a confirmation certificate dated October 5, 2026, received from M/s.

29 Sep 26

Gujarat Mineral Development Corporation names Ajay Bhadoo as Managing Director

Gujarat Mineral Development Corporation Limited announced that Ajay Bhadoo, IAS, has been appointed as Managing Director, replacing Roopwant Singh, IAS, effective September 29, 2026, according to a notification from the General Administration Department, Government of Gujarat.

Historical Prices

Share Price Chart

Historical Share Price

Date	Open Price (₹)	High Price(₹)	Low Price(₹)	Close Price(₹)	Total Volume	No of Trades	Net Turnover(₹)	NIFTY
23-10-26	435.00	435.15	416.40	424.60	1164026	39245	492847350.80	22600.00
22-10-26	441.00	443.70	431.60	435.00	757116	29470	330825001.05	22687.65
21-10-26	455.10	455.90	441.35	443.00	710396	28313	317195548.25	22811.35
19-10-26	471.45	472.80	456.00	458.75	456655	19166	211687073.30	22888.95
16-10-26	468.15	474.40	462.05	471.05	538816	21138	253126759.00	23146.15
15-10-26	474.50	478.20	466.00	467.50	452787	17856	213630798.60	22997.35
14-10-26	479.30	482.00	474.05	474.95	444262	16202	212396292.80	22622.70
13-10-26	470.00	481.00	462.70	480.15	1098862	27734	519390335.85	22721.95
12-10-26	465.00	478.90	465.00	468.35	629889	24980	297067753.10	22363.35
09-10-26	465.50	471.25	458.05	462.15	694388	26380	322896088.15	22520.45

12 3 ...

Fundamentals

Company Valuation

Market Cap (₹cr)

13500.69

PE Ratio

22.43

PB Ratio

1.91

Dividend Yield

2.24

ROE

4.80

ROCE

10.28

Book Value (₹)

222.2820755

Face Value (₹)

Share Holding Pattern

Category of Shareholder	No of Shares	% Share Holdings	Demat Shares	Share Holders

Promoter & Group

Foreign

Foreign (Promoter & Group) - Bodies Corporate	0	0.00	0	0
Foreign (Promoter & Group)-Individuals (Non-Resident / Foreign)	0	0.00	0	0
Foreign Promoter(Institutional)	0	0.00	0	0
Promoter Others	0	0.00	0	0

Sub Total

0.00

Indian

Bodies Corporate-Indian (Promoter & Group)	0	0.00	0	0
Government(Central / State)-Indian (Promoter & Group)	235320000	74.00	235320000	1
Directors & their Relatives-Indian (Promoter & Group)	0	0.00	0	0
Financial Institutions / Banks-Indian (Promoter & Group)	0	0.00	0	0
Individuals / Hindu Undivided Family-Indian (Promoter & Group)	0	0.00	0	0
Partnership Firms-Indian (Promoter & Group)	0	0.00	0	0
Persons Acting in Concert	0	0.00	0	0
Trusts	0	0.00	0	0
Others	0	0.00	0	0

Sub Total

235320000

74.00

235320000

Total ShareHolding for Promoter & Group

235320000

74.00

235320000

Publice Share Holding

Institution

Government(Central / State)	1500	0.00	1500	1
Clearing Members	0	0.00	0	0
Corporate Bodies	0	0.00	0	0
Foreign Direct Investments	0	0.00	0	0
Financial Institutions / Banks	414	0.00	414	1
Foreign Bank	0	0.00	0	0
Foreign Bodies Corporate/OCBs/FBC	0	0.00	0	0
Foreign Collaborators	0	0.00	0	0
Foreign Institutional Investors	11840987	3.72	11840987	95
Foreign Venture Capital Investors	0	0.00	0	0
Foreign Institution Other	0	0.00	0	0
Insurance Companies	900851	0.28	900851	13
Mutual Funds / UTI	721697	0.23	721697	17
Individuals (Non-Resident / Foreign)	0	0.00	0	0
NSDL Intransit	0	0.00	0	0
Others	247184	0.08	247184	11
Trusts	0	0.00	0	0
Venture Capital Funds	0	0.00	0	0

Sub total

13712633

4.31

13712633

138

Non Institution

Bodies Corporate	5700761	1.79	5700761	939
Clearing Members	255881	0.08	255881	69
Directors & their Relatives	0	0.00	0	0
Employees	0	0.00	0	0
Escrow Account	0	0.00	0	0
Foreign Corporate Bodies	0	0.00	0	0
Foreign Direct Investments	0	0.00	0	0
NRIs/Foreign Individuals/Foreign Nationals	2712807	0.85	2712807	3638
Foreign Non Institution Other	0	0.00	0	0
Hindu Undivided Families	3263575	1.03	3263575	5123
Indian Public	0	0.00	0	0
Individuals holding nominal share capital in excess of Rs. 1 lakh	4503059	1.42	4503059	23
Individuals holding nominal share capital up to Rs. 1 lakh	52353556	16.46	52353556	240609
Market Maker	0	0.00	0	0
NSDL Transit	0	0.00	0	0
Shares in transit	0	0.00	0	0
Societies	0	0.00	0	0
Trust & Foundation	20132	0.01	20132	11
Others	156952	0.05	156952	1

Sub Total

68967367

21.69

68967367

250414

Total Public Shareholding

82680000

26.00

82680000

250552

Total of Promoter & Public ShareHolding

318000000

100.00

318000000

250553

Shares held by Custodians and against which Depository Receipts have been issued

ADR	0	0.00	0	0
GDR	0	0.00	0	0
Other Custodians	0	0.00	0	0

Total Shares held by Custodians and against which Depository Receipts have been issued

0.00

Grand Total

318000000

100.00

318000000

250553

Financials (₹ in cr)

Consolidated Standalone

Year End	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Net Sales	2,653.38	2,850.84	2,462.88	3,497.88	2,732.08
OPM (%)	28.08	31.17	32.41	47.15	28.46
OP	745.09	888.71	798.12	1,649.14	777.64
Other Income	423.87	348.58	270.18	393.57	156.46
PBIDT	1,389.59	986.26	880.83	1,732.82	878.92
INTEREST	7.14	2.18	2.93	2.38	3.30
PBDT	1,382.45	984.08	877.90	1,730.44	875.63
PBT	1,790.39	888.71	798.12	1,649.14	777.64
EO	522.65	0.00	0.00	0.00	0.00
PBT after EO	1,267.74	888.71	798.12	1,649.14	777.64
TAXES	311.07	208.86	200.76	444.69	331.74
PAT	956.67	679.85	597.36	1,204.45	445.90
EPS	30.08	21.38	18.78	37.88	14.02
Raw Material	0.00	0.00	0.00	0.00	0.00
Power and Fuel	0.00	0.00	0.00	0.00	0.00
Employee Cost	7.18	5.30	6.03	4.53	4.86
Other Manufacturing Expenses	8.98	3.59	4.29	2.90	44.34
Selling and Administration Expenses	58.24	62.80	58.69	50.09	8.71
Miscellaneous Expenses	4.86	2.55	2.55	1.39	1.27
Revenue (Growth %)	-6.93	15.75	-29.59	28.03	103.49
PBIDT (Growth %)	40.89	11.97	-49.17	97.15	-455.60
PAT (Growth %)	40.72	13.81	-50.40	170.11	-1,346.67
PBIDT (Margin %)	52.37	34.60	35.76	49.54	32.17
PAT (Margin %)	36.05	23.85	24.25	34.43	16.32

Balance Sheet (₹ in cr)

Particulars (Sources Of Funds)	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Share Capital	63.60	63.60	63.60	63.60	63.60	63.60
Reserves Total	7004.97	6339.63	5995.51	5682.70	4722.38	3968.99
Equity Share Warrants	0.00	0.00	0.00	0.00	0.00	0.00
Equity Application Money	0.00	0.00	0.00	0.00	0.00	0.00
Total Shareholders Funds	7068.57	6403.23	6059.11	5746.30	4785.98	4032.59
Secured Loans	0.00	0.00	0.00	0.00	0.00	0.00
Unsecured Loans	316.51	126.44	2.82	2.07	0.55	0.81
Total Debt	316.51	126.44	2.82	2.07	0.55	0.81
Other Liabilities	762.35	614.00	650.51	585.90	588.22	550.26
Total Liabilities	8147.43	7143.67	6712.44	6334.27	5374.75	4583.66
APPLICATION OF FUNDS :
Gross Block	3525.16	2960.46	2876.03	2703.37	2678.21	2649.08
Less : Accumulated Depreciation	1518.25	1410.15	1327.35	1250.94	1169.84	1066.21
Less:Impairment of Assets	0.00	0.00	0.00	0.00	0.00	0.00
Net Block	2006.91	1550.31	1548.68	1452.43	1508.37	1582.87
Lease Adjustment	0.00	0.00	0.00	0.00	0.00	0.00
Capital Work in Progress	1247.66	774.99	292.07	28.49	22.93	5.70
Producing Properties	0.00	0.00	0.00	0.00	0.00	0.00
Investments	459.45	472.58	553.07	479.74	587.06	291.98
Current Assets, Loans & Advances
Inventories	97.29	92.79	107.99	108.93	93.39	103.67
Sundry Debtors	71.66	84.99	101.27	185.41	204.92	145.25
Cash and Bank Balance	540.12	555.51	505.78	75.62	66.16	242.96
Loans and Advances	2524.46	1730.83	1870.83	1640.47	1272.00	1155.11
Total Current Assets	3233.53	2464.12	2585.87	2010.44	1636.47	1646.99
Less : Current Liabilities and Provisions
Current Liabilities	740.14	515.72	541.97	501.64	409.62	336.56
Provisions	10.84	13.08	26.42	27.44	15.51	17.76
Total Current Liabilities & Provisions	750.98	528.80	568.39	529.08	425.14	354.32
Net Current Assets	2482.55	1935.32	2017.48	1481.36	1211.34	1292.67
Miscellaneous Expenses not written off	0.00	0.00	0.00	0.00	0.00	0.00
Deferred Tax Assets	94.01	128.10	134.26	135.85	143.89	210.99
Deferred Tax Liability	175.64	167.69	181.08	186.56	193.08	156.42
Net Deferred Tax	-81.63	-39.59	-46.82	-50.71	-49.19	54.57
Other Assets	2032.49	2450.06	2347.96	2942.97	2094.25	1355.87
Total Assets	8147.43	7143.67	6712.44	6334.28	5374.76	4583.66
Contingent Liabilities	1063.87	1137.33	1116.50	1175.38	1036.64	890.91

Cash Flow (₹ in cr)

Yearly Cash Flow	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Financing Activities	-6.68	-137.27	-364.55	-183.14	-153.94
Investing Activities	-675.37	-789.34	253.08	-818.19	-612.87
Net Cash Flow	-198.75	8.39	-0.47	66.85	-23.09
Operating Activities	483.30	934.99	111.00	1,068.18	743.72

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Corporate Actions

Bonus Dividends Splits

Date	Corporate Action	Information
No Corporate Actions Announced

Board of Directors

Chairman & Chief Executive Officer

Hasmukh Adhia

Chairman & Non Executive Dir.

Executive

Functional Directors

MAMTA VERMA

Non Executive Director

Exec.

SRK

SANDEEP RAJENDRAPRASAD KUMAR

Non Executive Director

Exec.

Amit Karna

Additional Director

Dir.

Independent Directors

Gauri Kumar

Independent Non Exe. Director

Ind.

SRK

Shri Rajinder Khanna

Independent Non Exe. Director

Ind.

SPP

Sharvil P Patel

Independent Non Exe. Director

Ind.

Other Officials

Roopwant Singh

ED / MD / Promoter

Board

Joel Evans

Company Sec. & Compli. Officer

Board

Frequently Asked Questions

What is the NSE symbol and BSE code for Gujarat Mineral Development Corporation Ltd? −

Gujarat Mineral Development Corporation Ltd trades on NSE under GMDCLTD and on BSE under code 532181. The ISIN is INE131A01031 and the face value is Rs 2.

What is the share price of Gujarat Mineral Development Corporation Ltd today? +

As of 26 October 2026, Gujarat Mineral Development Corporation Ltd trades at Rs 424.60, a change of -10.40 (-2.39%) on the day. Prices are live and subject to change.

What is the market capitalisation of Gujarat Mineral Development Corporation Ltd? +

As of 26 October 2026, Gujarat Mineral Development Corporation Ltd has a market cap of about Rs 13500.69 crore. This figure is live and moves with the share price.

Is Gujarat Mineral Development Corporation Ltd profitable? +

In March 2026, Gujarat Mineral Development Corporation Ltd reported a profit after tax of Rs 956.67 crore. The wording switches to "a net loss of Rs X crore" when the figure is negative.

What is the PE ratio of Gujarat Mineral Development Corporation Ltd? +

: As of 26 October 2026, the PE (TTM) for Gujarat Mineral Development Corporation Ltd is 22.43 and the price-to-book ratio is 1.91. When the PE shows zero, state that PE TTM is currently not applicable and give the PB only.

Does Gujarat Mineral Development Corporation Ltd pay a dividend? +

As of 26 October 2026, the dividend yield for Gujarat Mineral Development Corporation Ltd is 2.24%. The wording switches to "does not currently pay a dividend" when the yield is zero.

What is the shareholding pattern of Gujarat Mineral Development Corporation Ltd? +

As of the latest disclosed pattern, promoters hold 74.00% of Gujarat Mineral Development Corporation Ltd. Public shareholding is 26.00%, including mutual funds at 0.23% and foreign institutional investors at 3.72%.

What were the latest annual financials of Gujarat Mineral Development Corporation Ltd? +

In March 2026, Gujarat Mineral Development Corporation Ltd reported net sales of Rs 2,653.38 crore, revenue growth of -6.93%, and earnings per share of Rs 30.08.