Gujarat Mineral Development Share Price

₹ 411.65

-₹27.10 (-6.18%)
1D
Last updated 30 Oct, 2026, 15:57 IST
NSE: GMDCLTD
|
Minerals

Gujarat Mineral Development Share Price Today

As of 30 Oct 2026, Gujarat Mineral Development share price is ₹411.65. The stock opened at ₹440.30, compared to its previous close of ₹438.75. During today's trading session, Gujarat Mineral Development share price moved in the range of ₹406.00 to ₹441.10, with an average price of ₹423.55 for the day. Looking at its last 52-week, the stock has touched a low of ₹406.00 and a high of ₹771.90. On the performance front, Gujarat Mineral Development share price has declined by 44.08% over the last six months and is down 30.83% on a year-on-year basis.

Share price over the last 1 day fell from 439.80 to 408.00, ranging between 408.00 and 439.80.

₹406.00
6.18% down today
₹441.10
1D LOW
1D HIGH

Gujarat Mineral Development Stock Insights

Latest Earning
Op Profit TrendUp by 42.65% YoY
Latest Earning
Net Profit TrendUp by 40.72% YoY
Latest Earning
Revenue TrendUp by 1.43% QoQ
Stock Performance
UnderperformingUnderperforming Nifty by 15.34 % in last 1 yr
Shareholding Pattern
DIIDII decreased stake by 1.23%
Shareholding Pattern
FIIFII increased stake by 1.96%
Technical Indicators
MACD CrossThe MACD line crossed above the signal line on 1 Day interval.
Gujarat Mineral Development stock performance
Open₹440.30
High₹441.10
Low₹406.00
Prev. close₹438.75
Gujarat Mineral Development trading activity
Volume37,67,534
Average traded price₹420.36
Last traded time03:57:47 30 Oct
Last traded quantity1

Circuit
L
H
₹351.00
₹526.50
52-week
L
H
₹406.00
₹771.90
Mkt Cap Cr
13,955.43

P/E
14.59

P/B
1.97

ROA
10.65%
ROE
7.95%

ROCE
10.12%

Quick Ratio
4.02

EV/EBITDA
9.68

Based on fundamentals, this stock's

Performance: 1 out of 5, Very Poor
Performance
Very Poor
G M D C has not beaten FD return of 7%
Valuation: 3 out of 5, Fairly Valued
Valuation
Fairly Valued
G M D C appears to be fairly valued compared to its peers
Earnings: 3 out of 5, Neutral
Earnings
Neutral
G M D C earnings growth is positive
Peer Comparison
Peer comparison — key ratios
NameMkt Cap CrP/EP/BROAROEROCEQuick RatioEV/EBITDA
Coal India2,42,133.607.782.0410.35%26.11%29.67%1.623.81
Lloyds Metals99,929.9220.897.4211.82%26.54%16.22%0.5913.58
NMDC59,485.447.981.7515.42%21.87%25.28%2.225.04
ZETWERK MANUFACTURING B L27,811.190.07.68-21.57%0.0%0.0%1.170.0
KIOCL20,222.92519.9211.651.66%0.95%1.37%2.97230.61
BHARAT COKING COAL LTD14,054.83232.152.410.29%1.03%2.31%0.6520.07
SANDUR MANG & IRON ORES L8,241.9111.362.5113.04%20.18%24.32%0.597.08
MOIL 1254,452.269.720.878.92%8.49%11.58%4.221.34
Ashapura Minechem4,085.179.942.488.75%24.34%17.55%1.057.48
DECCAN GOLD MINES LTD.3,389.94-75.296.83-10.76%-10.61%-11.2%0.8-108.32

Auto-generated based on historical fundamentals; not a recommendation to buy/sell.

Gujarat Mineral Development Company Background

ISIN
INE131A01031
Sector Market Cap
₹ 13,955.43 Cr

Gujarat Mineral Development Corporation Ltd (GMDC) is one of India’s leading mining and mineral processing companies. Owned by the government of Gujarat, GMDC was founded in 1963. It is headquartered in Ahmedabad. GMDC is also recognised as one of the top five organisations in the mining sector based on market capitalisation.

Gujarat Mineral Development Corporation's market capitalisation is over ₹13,900 crore as of January 4, 2024. GMDC share price has gained over 640% in the last three years.

Business operations

GMDC is involved in the mining and mineral processing business. Its product lineup includes lignite and fluorspars. It has five operational lignite mines located in Kutch, South Gujarat and Bhavnagar regions. GMDC is a leader in exploring and supplying lignite across Gujarat. It extracts lignite from rich deposits throughout the state and supplies it to various thriving industries like textiles, chemicals, ceramics, bricks and captive power.

The company produces two varieties of fluorspar, acid and metallurgical. Fluorspar finds application in industries such as steel and aluminium. GMDC owns a fluorspar mine at Ambadungar in Udepur district. Located in an area lacking manufacturing and industrial facilities, the Ambadungar Fluorspar Mine and Kadipani Beneficiation Plant significantly contribute to employment creation and economic empowerment in the region.

The company also operates in the business segments of power projects and mining projects. It is engaged in exploring bauxite, fluorspar, manganese, silica sand, limestone, bentonite and ball clay. These serve diverse purposes across industries, from producing hydrofluoric acid to manufacturing glass and ceramics and drilling for oil.

GMDC ensures a smooth fulfilment of Gujarat's demand for both plant-grade and non-plant-grade bauxite. These deposits are strategically grouped with several smaller deposits situated close to each other. Currently, it manages nine bauxite mines, eight of which are in the Kutch district (Gadhsisa Group of Bauxite Mines), and one is situated in the region of Devbhumi Dwarka.

GMDC’s manganese mines are located at Panchmahal, Vadodara, Dahod, Bamankuva, Bapotiya, Pani and Salapada. Its silica sand mines are located at Rajpardi in Bharuch.

The company's bentonite mines are in Surkha North, Bhavnagar while limestone mines are located in Kutch region of Gujarat.

GMDC holds a significant presence in the energy sector as well. It has a diverse portfolio comprising thermal power and renewable energy projects in wind and solar power. The company has generated over 2,522,416 MW of green energy to date.

GMDC owns and runs Akrimota thermal power station. Operational since March 2005, it consists of two units generating 125 MW each. This power station utilises lignite as its primary fuel source.

Gujarat Mineral Development Financial Highlights

  • Revenue: Gujarat Mineral Development reported revenue of ₹3,077.25 crore in FY26 vs ₹3,199.42 crore in FY25. It showed a decrease of 3.82% on a yearly basis.
  • Operating Profit: Gujarat Mineral Development reported an operating profit of ₹1,267.74 crore in FY26 vs ₹888.71 crore in FY25. It showed an increase of 42.65% on a year-on-year basis.
  • Net Profit: Gujarat Mineral Development reported a net profit of ₹956.67 crore in FY26 vs ₹679.85 crore in FY25. It showed an increase of 40.72% on a yearly basis.

Gujarat Mineral Development Quarterly Result Highlights

  • Gujarat Mineral Development reported revenue of ₹982.79 crore in Jun 2026, compared with ₹968.94 crore in Mar 2026, representing an increase of 1.43% on a quarter-on-quarter (QoQ) basis.
  • Gujarat Mineral Development reported an operating profit of ₹227.67 crore in Jun 2026, compared with ₹234.65 crore in Mar 2026, representing a decrease of 2.97% on a quarter-on-quarter (QoQ) basis.
  • Gujarat Mineral Development reported a profit of ₹163.43 crore in Jun 2026, compared with ₹194.09 crore in Mar 2026, reflecting a decrease of 15.80% on a QoQ basis.
  • The earnings per share (EPS) of Gujarat Mineral Development stood at ₹30.08 during Jun 2026.

Data Source: BSE, Company announcements

Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.

Promoters
74.00%
FII
3.72%
Other DII
0.36%
Retail and other
21.69%
Mutual funds
0.23%
Foreign Institutional Investor (FII)
FII shareholding by period
Dec 20252.29%
Mar 20263.75%
Jun 20263.65%
Sep 20263.72%

Gujarat Mineral Development Investment Returns

1 day
-6.18%

1 week
-3.05%

1 month
-18.92%

1 year
-30.83%

3 years
+14.24%

5 years
+460.45%

Gujarat Mineral Development Share Price History

Gujarat Mineral Development share price history by day, showing open and close prices and the percentage change
Day
Open / Close
Change %
29 Oct 26
₹434.40 / ₹438.75
+0.55%
28 Oct 26
₹437.90 / ₹436.35
-0.75%
27 Oct 26
₹429.90 / ₹439.65
+2.49%
26 Oct 26
₹422.65 / ₹428.95
+1.02%
Show more

Gujarat Mineral Development Financials

Full statement

Income Statement · Consolidated

Income Statement · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Revenue₹2,653.38₹2,850.84₹2,462.88₹3,497.88
Other Income₹423.87₹348.58₹270.18₹393.57
Total Revenue₹3,077.25₹3,199.42₹2,733.06₹3,891.45
Total Expenses₹2,331.45₹2,309.59₹1,936.18₹2,244.75
Profit Before Tax₹1,267.74₹888.71₹798.12₹1,649.14
Tax₹311.07₹208.86₹200.76₹444.69
Profit After Tax₹956.67₹679.85₹597.36₹1,204.45
EPS - Basic₹30.08₹21.38₹18.78₹37.88
EPS - Diluted₹30.08₹21.38₹18.78₹37.88

Cash Flow · Consolidated

Cash Flow · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Profit before tax₹1,268.45₹889.83₹796.88₹1,646.70
Income before WC changes₹604.38₹780.35₹693.86₹1,394.82
Change in Assets-₹142.75₹159.50-₹462.83-₹82.77
Change in Liabilities₹433.51-₹71.25₹112.63₹67.18
Change in WC₹290.76₹88.25-₹350.20-₹15.60
Cash flow from Operations₹743.72₹1,065.58₹110.07₹932.68
Cash flow from Investing-₹612.87-₹814.34₹254.17-₹786.97
Cash flow from Financing-₹153.94-₹183.14-₹364.55-₹137.27
Total Cash Flow-₹23.09₹68.10-₹0.31₹8.44
Cash (Start of the year)₹118.86₹50.76₹51.07₹42.63
Cash (End of the year)₹94.31₹118.86₹50.76₹51.07

Balance Sheet · Consolidated

Balance Sheet · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Non-Current Assets₹5,750.60₹5,262.32₹4,757.75₹4,918.49
Current Assets₹3,232.38₹2,486.87₹2,609.39₹2,032.70
Total Assets₹8,982.98₹7,749.19₹7,367.14₹6,951.18
Current Liabilities₹779.94₹534.10₹567.40₹527.33
Net Current Asset₹2,452.44₹1,952.77₹2,041.99₹1,505.37
Non-Current Liabilities₹1,130.30₹773.55₹700.00₹638.69
Equity Capital₹7,072.74₹6,441.54₹6,099.74₹5,785.17
Total Equity & Liabilities₹8,982.98₹7,749.19₹7,367.14₹6,951.18

Income Statement · Standalone

Income Statement · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Revenue₹2,653.38₹2,850.84₹2,462.88₹3,497.88
Other Income₹423.88₹347.43₹268.98₹392.40
Total Revenue₹3,077.26₹3,198.27₹2,731.86₹3,890.28
Total Expenses₹2,298.03₹2,307.49₹1,935.40₹2,244.40
Profit Before Tax₹1,301.88₹890.78₹796.46₹1,645.88
Tax₹311.07₹208.86₹200.76₹444.69
Profit After Tax₹990.81₹681.92₹595.70₹1,201.19
EPS - Basic₹31.16₹21.44₹18.73₹37.77
EPS - Diluted₹31.16₹21.44₹18.73₹37.77

Cash Flow · Standalone

Cash Flow · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Profit before tax₹1,301.88₹890.78₹796.46₹1,645.88
Income before WC changes₹604.38₹782.70₹694.63₹1,395.16
Change in Assets-₹142.75₹159.86-₹462.12-₹81.66
Change in Liabilities₹433.51-₹71.36₹112.32₹68.01
Change in WC₹290.76₹88.50-₹349.80-₹13.65
Cash flow from Operations₹743.72₹1,068.18₹111.00₹934.99
Cash flow from Investing-₹612.87-₹818.19₹253.08-₹789.34
Cash flow from Financing-₹153.94-₹183.14-₹364.55-₹137.27
Total Cash Flow-₹23.09₹66.85-₹0.47₹8.39
Cash (Start of the year)₹117.40₹50.55₹51.02₹42.63
Cash (End of the year)₹94.31₹117.40₹50.55₹51.02

Balance Sheet · Standalone

Balance Sheet · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Non-Current Assets₹5,746.51₹5,247.94₹4,741.78₹4,903.62
Current Assets₹3,232.38₹2,462.66₹2,584.36₹2,008.48
Total Assets₹8,978.89₹7,710.60₹7,326.14₹6,912.10
Current Liabilities₹780.02₹533.83₹567.06₹527.13
Net Current Asset₹2,452.36₹1,928.83₹2,017.30₹1,481.35
Non-Current Liabilities₹1,130.30₹773.54₹699.97₹638.67
Equity Capital₹7,068.57₹6,403.23₹6,059.11₹5,746.30
Total Equity & Liabilities₹8,978.89₹7,710.60₹7,326.14₹6,912.10
* All values are in INR Crore
Gujarat Mineral Development market depth
Bid quantityBid priceAsk priceAsk quantity
00411.6512718
0000
0000
0000
0000
Total bid quantity0
Total ask quantity12,718
Gujarat Mineral Development technical summary
Bearish indicators3
Neutral indicators5
Bullish indicators0
OverallSlightly Bearish
by SEBI experts

Expert Pick

EXPPICK
Stop-loss
Stop-loss is locked. Sign in to view.
Entry price
Entry price is locked. Sign in to view.
Target
Target is locked. Sign in to view.
Indicator
Value
Verdict

RSI (14)
31.07
Neutral

ATR (14)
14.03
Neutral

STOCH(9,6)
38.53
Neutral

STOCH RSI (14)
89.1
Bearish

ADX(9)
62.57
Bearish

UO(9)
48.48
Neutral

ROC(12)
-6.32
Bearish

WillR(14)
-65.93
Neutral
Period
Simple value
Exponential vaue

5D
433.66
438.1

10D
444.36
445.46

20D
462.2
464.7

50D
520.43
506.68

100D
555.03
541.43
Volume trend — traded volume by day
30 Oct37L
29 Oct4L
28 Oct4L
27 Oct5L
26 Oct7L
23 Oct11L
Average12L

Technical indicators used here are for indicative purposes only. Kindly do not treat it as an investment or trading advice

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Mutual Funds Invested in Gujarat Mineral Development

Fund name
AUM
Quant PSU Fund
7.33%

Union Active Momentum Fund
2.91%

Samco Special Opportunities Fund
2.35%

Gujarat Mineral Development Returns Calculator

Ex-date: 23 Sep 2026

Gujarat Mineral Development Latest News

1 month ago
Neogen Chemicals, NMDC, Vedanta, GMDC: Critical minerals push puts these stocks on radar
1 month ago
Tata Investment Corporation, IRB Infra, GMDC shares surge amid spike in volumes; check full list
3 months ago
GMDC share price climbs over 19% to hit 52-week high; other metal stocks also shine
Showing news item 1 of 3

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Please be aware that Gujarat Mineral Development stock prices are subject to continuous fluctuations due to various factors.