BSE:532181

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Gujarat Mineral Development

Executive Summary

Gujarat Mineral Development Corporation Limited engages in mining business in India. More Details


Snowflake Analysis

Flawless balance sheet and fair value.


Similar Companies

Share Price & News

How has Gujarat Mineral Development's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 532181 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.9%

532181

-0.9%

IN Oil and Gas

1.3%

IN Market


1 Year Return

-29.6%

532181

33.2%

IN Oil and Gas

4.3%

IN Market

Return vs Industry: 532181 underperformed the Indian Oil and Gas industry which returned 33.2% over the past year.

Return vs Market: 532181 underperformed the Indian Market which returned 4.3% over the past year.


Shareholder returns

532181IndustryMarket
7 Day0.9%-0.9%1.3%
30 Day-11.9%5.4%2.0%
90 Day5.7%20.2%13.8%
1 Year-29.6%-29.6%37.8%33.2%6.3%4.3%
3 Year-65.9%-67.8%56.1%40.3%4.4%-0.5%
5 Year-30.9%-38.1%156.2%111.2%46.1%35.1%

Price Volatility Vs. Market

How volatile is Gujarat Mineral Development's share price compared to the market and industry in the last 5 years?


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Valuation

Is Gujarat Mineral Development undervalued compared to its fair value and its price relative to the market?

5.9x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 532181 (₹45.45) is trading above our estimate of fair value (₹10.75)

Significantly Below Fair Value: 532181 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 532181 is good value based on its PE Ratio (5.9x) compared to the IN Oil and Gas industry average (13x).

PE vs Market: 532181 is good value based on its PE Ratio (5.9x) compared to the Indian market (16.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 532181's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532181 is good value based on its PB Ratio (0.3x) compared to the IN Oil and Gas industry average (0.9x).


Next Steps

Future Growth

How is Gujarat Mineral Development forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

28.8%

Forecasted Energy industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Gujarat Mineral Development has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Gujarat Mineral Development performed over the past 5 years?

-1.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532181 has high quality earnings.

Growing Profit Margin: 532181's current net profit margins (19.5%) are higher than last year (15.3%).


Past Earnings Growth Analysis

Earnings Trend: 532181's earnings have declined by 1.9% per year over the past 5 years.

Accelerating Growth: 532181's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 532181 had negative earnings growth (-16.3%) over the past year, making it difficult to compare to the Oil and Gas industry average (-22.6%).


Return on Equity

High ROE: 532181's Return on Equity (5.8%) is considered low.


Next Steps

Financial Health

How is Gujarat Mineral Development's financial position?


Financial Position Analysis

Short Term Liabilities: 532181's short term assets (₹16.2B) exceed its short term liabilities (₹3.0B).

Long Term Liabilities: 532181's short term assets (₹16.2B) exceed its long term liabilities (₹6.7B).


Debt to Equity History and Analysis

Debt Level: 532181 is debt free.

Reducing Debt: 532181 has no debt compared to 5 years ago when its debt to equity ratio was 15.1%.

Debt Coverage: 532181 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 532181 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Gujarat Mineral Development current dividend yield, its reliability and sustainability?

4.40%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 532181's dividend (4.4%) is higher than the bottom 25% of dividend payers in the Indian market (0.55%).

High Dividend: 532181's dividend (4.4%) is in the top 25% of dividend payers in the Indian market (2.23%)


Stability and Growth of Payments

Stable Dividend: 532181's dividend payments have been volatile in the past 10 years.

Growing Dividend: 532181's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (26%), 532181's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.5yrs

Average board tenure


CEO

Arunkumar Solanki

4.17yrs

Tenure

₹3,189,079

Compensation

Mr. Arunkumar Mohanbhai Solanki, IAS has been Managing Director and Director at Gujarat Mineral Development Corporation Limited since July 02, 2016. Mr. Solanki joined Gujarat Mineral Development Corporati ...


CEO Compensation Analysis

Compensation vs Market: Arunkumar's total compensation ($USD43.32K) is below average for companies of similar size in the Indian market ($USD294.06K).

Compensation vs Earnings: Arunkumar's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Arunkumar Solanki
MD & Non-Executive Director4.17yrs₹3.19mno data
Gauri Kumar
Additional Woman Independent Director1.25yrsno datano data
Nitin Shukla
Independent Director5.92yrs₹15.00kno data
Satyanarayan Dangayach
Independent Director5.92yrs₹37.50kno data
Manoj Das
Chairman of the Board3.33yrs₹37.50kno data
Sonal Mishra
Non-Executive Director5.25yrs₹30.00kno data
Shailesh Gandhi
Independent Director4.75yrs₹22.50kno data
Milind Torawane
Director0.92yrno datano data

4.5yrs

Average Tenure

65yo

Average Age

Experienced Board: 532181's board of directors are considered experienced (4.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Gujarat Mineral Development Corporation Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gujarat Mineral Development Corporation Limited
  • Ticker: 532181
  • Exchange: BSE
  • Founded: 1963
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: ₹14.453b
  • Shares outstanding: 318.00m
  • Website: https://www.gmdcltd.com

Location

  • Gujarat Mineral Development Corporation Limited
  • Khanij Bhavan
  • 132 Feet Ring Road
  • Ahmedabad
  • Gujarat
  • 380052
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532181BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 1998
GMDCLTDNSEI (National Stock Exchange of India)YesEquity SharesININRJan 1998

Biography

Gujarat Mineral Development Corporation Limited engages in mining business in India. It operates in two segments, Mining and Power. The company explores for lignite, bauxite, fluorspar, manganese, silica s ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/19 19:28
End of Day Share Price2020/09/18 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.