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Gujarat Mineral Development Corporation Ltd share Price Today

Company details

392.05
403.95
163.60
506.00
6M Return -1.88%
1Y Return 132.21%
Mkt Cap.(Cr) 12,619.83
Volume 1,130,768
Div Yield 2.15%
OI
-
OI Chg %
-
Volume 1,130,768

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Coal company Gujarat Mineral Development Corporation announced Q4FY232 & FY23 results:

  • Standalone Q4FY23:
    • Total income stands at Rs 1,188 crore as against Rs 1,097 crore in Q4FY22
    • Revenue from Operations stood at Rs 952 crore as against Rs 1057 crore in Q4FY22
    • EBITDA reported was at Rs 456 crore as compared to Rs 459 crore in Q4FY22
    • Profit Before Tax stands at Rs 617 crore as against Rs 423 crore in Q4FY22
    • Profit After Tax reported was at Rs 451 crore as against Rs 175 crore in Q4FY22
    • EPS stands at Rs 14.17 (Face Value Rs 2 per share)
  • Standalone FY23:
    • Total Income stood at Rs 3,894 crore in FY23 as against Rs 2,888 crore in FY22
    • Revenues from operations at Rs 3,502 crore as compared to Rs 2,732 crore in FY22; up 28%
    • EBITDA stands at Rs 1,557 crore in FY23, as against Rs 834 crore in FY22. The Company’s Core EBITDA margin stood at 42%
    • Profit Before Tax (PBT) stood at Rs 1,657 crore for FY23 as compared to Rs 736 crore in FY22. The Company’s PBT margin stood at 42%
    • Profit After Tax (PAT) stood at Rs 1,212 crore in FY23 as against Rs 404 crore in FY22. The Company’s PAT margin stood at 31%
    • Earnings per share (EPS) for FY23 stood at Rs 38 (Face Value Rs 2 per share)

Commenting on the financial performance of the company, Shri Roopwant Singh, IAS, Managing Director, GMDC said, "We take immense pride in announcing that GMDC has achieved an exceptional financial performance in the fourth quarter. This remarkable achievement is a testament to our team's dedication and unwavering commitment.

In recognition of our record financial performance this year and as a token of appreciation to our valued shareholders, we are delighted to announce the declaration of dividend. We understand your trust and confidence in us, and we remain dedicated to maximizing returns and creating sustainable growth. We are committed to maintaining our momentum by further enhancing shareholder value in the future and will continue to drive innovation, expand our market presence, and create long-term value for all stakeholders’’.

 

 

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Gujarat Mineral Development Corporation Ltd shares SWOT Analysis

Strengths (7)

  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Company with No Debt
  • Increasing Revenue every quarter for the past 2 quarters

Weakness (5)

  • Degrowth in Revenue and Profit
  • Degrowth in Quarterly Revenue and Profit in Recent Results(YoY)
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (1)

  • Highest Recovery from 52 Week Low

Threats (0)

Data not found

Resistance and support

R1 403.2
R2 409.5
R3 415.1
Pivot

397.62

S1 391.3
S2 385.7
S3 379.4
EMA SMA
394.7
397.0
394.7
365.6
388.6
401.9
400.8
389.1
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-01-09 487.48 1600021 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2024-01-09 487.83 1600021 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-11-22 424.76 4052809 NSE
Name Category Shares
H E The Governor of Gujarat PROMOTER 74%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Gujarat Mineral Development Corporation Ltd Stocks COMPARISON

Financials( in Cr) Gujarat Mineral Development Corporation Ltd Coal India Ltd Vedanta Ltd NMDC Ltd Lloyds Metals & Energy Ltd
Price 396.85 473.70 463.35 264.00 728.60
% Change -0.59 -1.35 -1.47 -2.11 -0.82
Mcap Cr 12,619.83 291,928.43 172,236.74 77,368.00 36,812.81
Revenue TTM Cr 3,507.32 138,251.91 143,727.00 17,666.88 3,392.31
Net Profit TTM Cr 1,215.73 28,124.94 7,537.00 5,537.72 -288.54
PE TTM 20.45 7.81 53.07 13.40 29.62
1 Year Return 132.21 107.35 64.75 147.31 29.34
ROCE 28.21 29.53 17.59 28.47 0.00
ROE 22.90 56.03 10.69 22.69 0.00
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 5,798.28 Cr FV: 2.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 34,603.75 11,365.18
LAST 3M 103,254.09 -13,985.70
LAST 6M 182,650.74 -3,739.19
LAST 12M 295,819.56 101,589.49

Gujarat Mineral Development Corporation Ltd Information

Stock PE (TTM)
20.45
Promoter Holding
74%
Book Value
192.327
ROCE
28.21%
ROE
22.9%
Description
  • Gujarat Mineral Development Corporation Ltd. belongs to the mining and minerals sector with a market capitalization worth Rs. 6,034 crores as of March 31, 2022. Its date of incorporation is May 15, 1963. As of December 2021, it has reported consolidated net sales worth Rs. 724.58 crores, up 101.93% Y-o-Y. The company is listed on the Bombay Stock Exchange (BSE) with the code 532181 and the National Stock Exchange (NSE) with the code GMDCLTD.

    Gujarat Mineral Development Corporation Ltd. is India’s largest merchant seller of Lignite. It manufactures lignite, fluorspar, manganese ore, limestone, silica sand, bentonite, bauxite, and ball clay. GMDC operates six lignite mines, namely, Panandharo, Tadkeshwar, Umarsar, Bhavnagar, Rajpardi, and Mata-No-Madh Lignite Mines. It has a workforce of 1,567 employees.

    In 1999, the company’s sole owner, the Government of Gujarat, diluted 26% of its stake and made GDMC a listed entity on the Bombay Stock Exchange and the National Stock Exchange. The company holds a position in the top fortune 500 companies in India. Its annual turnover surpasses 10 billion with a significant annual growth rate.

    The key people of the company include Mr. Manoj Kumar Das as Chairman, Mr. Arun Solanki as Managing Director, and Ms. Mona Khandar and Ms. Sonal Mishra as Directors. In 2015, CA. Lavanya Kulshrestha, General Manager (Finance) and CFO, was honored by the Institute of Chartered Accountants of India. The Panandharo lignite mine was also bestowed with the National Safety Award by the Ministry of Labor and Employment, Government of India, for the Lowest Injury Frequency Rate.

    The Government of Gujarat, as the key promoter of GMDC, holds 74% of the company. The public has a 21.75% holding of the GMDC share. Foreign Institutional Investors hold 1.71%, while Domestic Institutional Investors hold 2.53%.

Registered Address

Khanij Bhavan 132 Ft Ring Road, Nr University Ground Vastrapur, Ahmedabad, Gujarat, 380052

Tel : 91-079-27913200/3501/1662/1680/0665
Email : cosec:gmdcltd.com
Website : http://www.gmdcltd.com
Registrar

MCS Ltd

AGM Date (Month) : Nov
Face Value Equity Shares : 2
Market Lot Equity Shares : 1
BSE Code : 532181
NSE Code : GMDCLTD
Book Closure Date (Month) : Sep
BSE Group : A
ISIN : INE131A01031

FAQ’s on Gujarat Mineral Development Corporation Ltd Shares

You can buy Gujarat Mineral Development Corporation Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Gujarat Mineral Development Corporation Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 24, 2024 03:59 PM the closing price of Gujarat Mineral Development Corporation Ltd was Rs.396.85.

The latest PE ratio of Gujarat Mineral Development Corporation Ltd as of Jun 24, 2024 03:59 PM is 20.45

The latest PB ratio of Gujarat Mineral Development Corporation Ltd as of Jun 24, 2024 03:59 PM is 0.48

The 52-week high of Gujarat Mineral Development Corporation Ltd share price is Rs. 506.00 while the 52-week low is Rs. 163.60

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 24, 2024 03:59 PM, the market cap of Gujarat Mineral Development Corporation Ltd stood at Rs. 12,619.83 Cr.

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