Gujarat Mineral Development Corporation Ltd
- Market Cap ₹ 13,838 Cr.
- Current Price ₹ 435
- High / Low ₹ 506 / 158
- Stock P/E 16.1
- Book Value ₹ 182
- Dividend Yield 2.61 %
- ROCE 31.5 %
- ROE 23.0 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 23.1% CAGR over last 5 years
- Debtor days have improved from 29.0 to 19.7 days.
- Company's working capital requirements have reduced from 197 days to 149 days
Cons
- Earnings include an other income of Rs.434 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Mining & Mineral products Industry: Mining / Minerals / Metals
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,627 | 1,670 | 1,285 | 1,413 | 1,179 | 1,537 | 2,051 | 1,880 | 1,449 | 1,329 | 2,732 | 3,501 | 2,664 | |
866 | 784 | 668 | 891 | 879 | 1,116 | 1,499 | 1,319 | 1,321 | 1,332 | 2,009 | 2,153 | 1,842 | |
Operating Profit | 760 | 886 | 617 | 522 | 300 | 421 | 552 | 560 | 128 | -3 | 723 | 1,348 | 822 |
OPM % | 47% | 53% | 48% | 37% | 25% | 27% | 27% | 30% | 9% | -0% | 26% | 38% | 31% |
73 | 135 | 137 | 253 | 151 | 179 | 119 | -155 | 169 | -245 | 155 | 392 | 434 | |
Interest | 7 | 0 | 0 | 2 | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 2 | 2 |
Depreciation | 108 | 117 | 125 | 137 | 131 | 151 | 119 | 96 | 92 | 94 | 98 | 81 | 78 |
Profit before tax | 718 | 904 | 630 | 636 | 318 | 447 | 551 | 307 | 203 | -344 | 777 | 1,657 | 1,176 |
Tax % | 32% | 34% | 30% | 21% | 29% | 27% | 22% | 55% | 29% | 89% | 43% | 27% | |
487 | 601 | 439 | 500 | 225 | 325 | 428 | 139 | 145 | -37 | 445 | 1,212 | 860 | |
EPS in Rs | 15.31 | 18.89 | 13.81 | 15.73 | 7.06 | 10.23 | 13.47 | 4.36 | 4.56 | -1.16 | 14.00 | 38.13 | 27.04 |
Dividend Payout % | 20% | 16% | 22% | 19% | 42% | 29% | 26% | 46% | 44% | -17% | 31% | 30% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 11% |
3 Years: | 34% |
TTM: | -26% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 23% |
3 Years: | 103% |
TTM: | -8% |
Stock Price CAGR | |
---|---|
10 Years: | 12% |
5 Years: | 42% |
3 Years: | 78% |
1 Year: | 160% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 11% |
3 Years: | 15% |
Last Year: | 23% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 |
Reserves | 1,982 | 2,471 | 2,799 | 3,178 | 3,601 | 3,905 | 4,337 | 4,222 | 3,999 | 3,969 | 4,722 | 5,696 | 5,716 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | |
1,175 | 1,175 | 1,090 | 947 | 1,012 | 1,119 | 1,044 | 891 | 967 | 905 | 1,063 | 1,124 | 1,040 | |
Total Liabilities | 3,220 | 3,710 | 3,952 | 4,188 | 4,676 | 5,088 | 5,444 | 5,177 | 5,030 | 4,938 | 5,849 | 6,884 | 6,820 |
1,758 | 1,780 | 1,862 | 1,756 | 1,717 | 2,073 | 2,145 | 2,129 | 2,056 | 1,583 | 1,508 | 1,451 | 1,429 | |
CWIP | 6 | 24 | 11 | 46 | 31 | 21 | 11 | 1 | 4 | 6 | 23 | 23 | 401 |
Investments | 133 | 183 | 260 | 299 | 644 | 657 | 863 | 426 | 259 | 292 | 587 | 479 | 568 |
1,324 | 1,723 | 1,818 | 2,087 | 2,284 | 2,337 | 2,426 | 2,620 | 2,710 | 3,057 | 3,731 | 4,931 | 4,422 | |
Total Assets | 3,220 | 3,710 | 3,952 | 4,188 | 4,676 | 5,088 | 5,444 | 5,177 | 5,030 | 4,938 | 5,849 | 6,884 | 6,820 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
562 | 220 | 286 | 92 | 208 | 457 | 325 | 143 | 6 | 149 | 483 | 934 | |
-287 | -109 | -190 | -13 | -70 | -352 | -220 | 21 | 82 | 85 | -675 | -788 | |
-253 | -111 | -112 | -111 | -115 | -115 | -97 | -134 | -77 | -63 | -7 | -137 | |
Net Cash Flow | 21 | 0 | -15 | -33 | 23 | -10 | 8 | 30 | 11 | 172 | -199 | 8 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 10 | 9 | 15 | 21 | 30 | 28 | 20 | 29 | 35 | 40 | 27 | 20 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 10 | 9 | 15 | 21 | 30 | 28 | 20 | 29 | 35 | 40 | 27 | 20 |
Working Capital Days | 104 | 149 | 259 | 254 | 358 | 228 | 178 | 228 | 271 | 290 | 153 | 149 |
ROCE % | 38% | 40% | 23% | 17% | 9% | 12% | 13% | 14% | 5% | 1% | 18% | 31% |
Documents
Announcements
- Board Meeting Intimation for (I) Approval Of Audited Financial Results And Audited Annual Financial Statements (Consolidated And Standalone) For The Year Ended On 31.03.2024 (Ii) Recommendation Of Dividend For The FY 2023-24, If Any 1d
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Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015.
26 Apr - Certificate under Regulation 40 (9) of SEBI (LODR) Regulations, 2015 for the year ended as on 31.03.2024.
- Compliance Certificate Pursuant To Regulation 7(3) Of The SEBI (LODR) Regulations, 2015 26 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Apr - Confirmation certificate dated 4/4/2024 received from M/s MCSSTA Ltd. Registrar and Share Transfer Agent(RTA) of our company as per Regulation 74(5) of the SEBI (Depository …
- Closure of Trading Window 1 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Concalls
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Aug 2023TranscriptPPT
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Feb 2023TranscriptPPT
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Oct 2022TranscriptPPT
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Aug 2022TranscriptPPT
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May 2022TranscriptPPT
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Mar 2022TranscriptNotesPPT
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Feb 2022TranscriptPPT
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Nov 2021TranscriptPPT
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Aug 2021TranscriptPPT
Minerals & Metals
The company mines and extracts different minerals and metals such as lignite, bauxite, fluorspar, manganese, silica sand, limestone, bentonite and ball clay [1] from various districts in Gujarat such as Kutch, Surat, Baroda, Rajkot, Jamnagar, Porbandar, Amreli, Bhavnagar and others. [2]