Gujarat Mineral Development
Market Cap
₹18.7b
Last Updated
2021/01/19 12:13 UTC
Data Sources
Company Financials
Executive Summary
Gujarat Mineral Development Corporation Limited engages in mining business in India. More Details
Rewards
Risk Analysis
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: GMDCLTD is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: GMDCLTD's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-5.0%
GMDCLTD
2.6%
IN Oil and Gas
-2.2%
IN Market
1 Year Return
-9.6%
GMDCLTD
10.3%
IN Oil and Gas
15.2%
IN Market
Return vs Industry: GMDCLTD underperformed the Indian Oil and Gas industry which returned 10.3% over the past year.
Return vs Market: GMDCLTD underperformed the Indian Market which returned 15.2% over the past year.
Shareholder returns
| GMDCLTD | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.0% | 2.6% | -2.2% |
| 30 Day | 12.0% | -0.1% | 3.4% |
| 90 Day | 38.5% | 0.2% | 21.5% |
| 1 Year | -6.1%-9.6% | 14.5%10.3% | 17.3%15.2% |
| 3 Year | -56.0%-60.0% | 28.5%15.2% | 7.2%2.0% |
| 5 Year | 14.1%-1.7% | 121.8%83.2% | 78.6%65.0% |
Long-Term Price Volatility Vs. Market
How volatile is Gujarat Mineral Development's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
What Kind Of Shareholders Hold The Majority In Gujarat Mineral Development Corporation Limited's (NSE:GMDCLTD) Shares?1 month ago | Simply Wall St
Should You Buy Gujarat Mineral Development Corporation Limited (NSE:GMDCLTD) For Its 4.3% Dividend?2 months ago | Simply Wall St
If You Had Bought Gujarat Mineral Development's (NSE:GMDCLTD) Shares Three Years Ago You Would Be Down 75%Valuation
Is Gujarat Mineral Development undervalued compared to its fair value and its price relative to the market?
8.63x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: GMDCLTD (₹60.4) is trading above our estimate of fair value (₹11.37)
Significantly Below Fair Value: GMDCLTD is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GMDCLTD is good value based on its PE Ratio (8.6x) compared to the IN Oil and Gas industry average (19.1x).
PE vs Market: GMDCLTD is good value based on its PE Ratio (8.6x) compared to the Indian market (19.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GMDCLTD's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GMDCLTD is good value based on its PB Ratio (0.4x) compared to the IN Oil and Gas industry average (1x).
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?
21.9%
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
- Examine whether Gujarat Mineral Development is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Gujarat Mineral Development competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
Past Performance
How has Gujarat Mineral Development performed over the past 5 years?
-3.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GMDCLTD has high quality earnings.
Growing Profit Margin: GMDCLTD's current net profit margins (18.1%) are higher than last year (18.1%).
Past Earnings Growth Analysis
Earnings Trend: GMDCLTD's earnings have declined by 3.4% per year over the past 5 years.
Accelerating Growth: GMDCLTD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GMDCLTD had negative earnings growth (-29.9%) over the past year, making it difficult to compare to the Oil and Gas industry average (-26.2%).
Return on Equity
High ROE: GMDCLTD's Return on Equity (4.9%) is considered low.
Next Steps
Financial Health
How is Gujarat Mineral Development's financial position?
Financial Position Analysis
Short Term Liabilities: GMDCLTD's short term assets (₹15.1B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: GMDCLTD's short term assets (₹15.1B) exceed its long term liabilities (₹6.7B).
Debt to Equity History and Analysis
Debt Level: GMDCLTD is debt free.
Reducing Debt: GMDCLTD has no debt compared to 5 years ago when its debt to equity ratio was 9.7%.
Debt Coverage: GMDCLTD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GMDCLTD 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?
3.40%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: GMDCLTD's dividend (3.4%) is higher than the bottom 25% of dividend payers in the Indian market (0.44%).
High Dividend: GMDCLTD's dividend (3.4%) is in the top 25% of dividend payers in the Indian market (1.87%)
Stability and Growth of Payments
Stable Dividend: GMDCLTD's dividend payments have been volatile in the past 10 years.
Growing Dividend: GMDCLTD's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.3%), GMDCLTD'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?
4.8yrs
Average board tenure
CEO
Arunkumar Solanki
4.5yrs
Tenure
₹3,291,394
Compensation
Mr. Arunkumar Mohanbhai Solanki, IAS has been Managing Director and Executive Director at Gujarat Mineral Development Corporation Limited since July 02, 2016. Mr. Solanki joined Gujarat Mineral Development...
CEO Compensation Analysis
Compensation vs Market: Arunkumar's total compensation ($USD44.96K) is below average for companies of similar size in the Indian market ($USD276.54K).
Compensation vs Earnings: Arunkumar's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 4.5yrs | ₹3.29m | no data | |
| Woman Independent Director | 1.58yrs | ₹22.50k | no data | |
| Independent Director | 6.25yrs | ₹15.00k | no data | |
| Independent Director | 6.25yrs | ₹15.00k | no data | |
| Chairman of the Board | 3.67yrs | ₹15.00k | no data | |
| Non-Executive Director | 5.58yrs | ₹15.00k | no data | |
| Independent Non-Executive Director | 5.08yrs | ₹7.50k | no data | |
| Non-Executive Director | 1.25yrs | ₹15.00k | no data |
4.8yrs
Average Tenure
65yo
Average Age
Experienced Board: GMDCLTD's board of directors are considered experienced (4.8 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: GMDCLTD
- Exchange: NSEI
- Founded: 1963
- Industry: Coal and Consumable Fuels
- Sector: Energy
- Market Cap: ₹18.730b
- Shares outstanding: 318.00m
- Website: https://www.gmdcltd.com
Number of Employees
Location
- Gujarat Mineral Development Corporation Limited
- Khanij Bhavan
- 132 Feet Ring Road
- Ahmedabad
- Gujarat
- 380052
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 532181 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jan 1998 |
| GMDCLTD | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Jan 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/19 12:13 |
| End of Day Share Price | 2021/01/19 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.