Gujarat Mineral Development Corporation Limited
Gujarat Mineral Development Corporation Limited engages in mining and mineral processing business in India. The company operates through two segments, Mining and Power. It explores for lignite, bauxite, fluorspar, manganese, silica sand, limestone, bentonite, and ball clay. The company's products used in the textiles, chemicals, ceramics, bricks and captive power. Its products are also used in th… Read more
Gujarat Mineral Development Corporation Limited (GMDCLTD) - Net Assets
Latest net assets as of September 2025: ₹67.23 Billion INR
Based on the latest financial reports, Gujarat Mineral Development Corporation Limited (GMDCLTD) has net assets worth ₹67.23 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹82.69 Billion) and total liabilities (₹15.47 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹67.23 Billion |
| % of Total Assets | 81.3% |
| Annual Growth Rate | 11.26% |
| 5-Year Change | 57.85% |
| 10-Year Change | 90.29% |
| Growth Volatility | 8.68 |
Gujarat Mineral Development Corporation Limited - Net Assets Trend (2004–2025)
This chart illustrates how Gujarat Mineral Development Corporation Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Gujarat Mineral Development Corporation Limited (2004–2025)
The table below shows the annual net assets of Gujarat Mineral Development Corporation Limited from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹64.12 Billion | +4.84% |
| 2024-03-31 | ₹61.16 Billion | +6.27% |
| 2023-03-31 | ₹57.55 Billion | +18.52% |
| 2022-03-31 | ₹48.56 Billion | +19.54% |
| 2021-03-31 | ₹40.62 Billion | -4.38% |
| 2020-03-31 | ₹42.48 Billion | -1.60% |
| 2019-03-31 | ₹43.17 Billion | -0.80% |
| 2018-03-31 | ₹43.52 Billion | +8.59% |
| 2017-03-31 | ₹40.07 Billion | +18.94% |
| 2016-03-31 | ₹33.69 Billion | +3.95% |
| 2015-03-31 | ₹32.42 Billion | +13.24% |
| 2014-03-31 | ₹28.62 Billion | +12.92% |
| 2013-03-31 | ₹25.35 Billion | +23.92% |
| 2012-03-31 | ₹20.46 Billion | +22.51% |
| 2011-03-31 | ₹16.70 Billion | +18.80% |
| 2010-03-31 | ₹14.06 Billion | +15.33% |
| 2009-03-31 | ₹12.19 Billion | +14.79% |
| 2008-03-31 | ₹10.62 Billion | +26.58% |
| 2007-03-31 | ₹8.39 Billion | +7.33% |
| 2006-03-31 | ₹7.81 Billion | +1.76% |
| 2005-03-31 | ₹7.68 Billion | +12.49% |
| 2004-03-31 | ₹6.83 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gujarat Mineral Development Corporation Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3264870000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹32.65 Billion | 50.92% |
| Common Stock | ₹636.00 Million | 0.99% |
| Other Comprehensive Income | ₹30.83 Billion | 48.09% |
| Total Equity | ₹64.12 Billion | 100.00% |
Gujarat Mineral Development Corporation Limited Competitors by Market Cap
The table below lists competitors of Gujarat Mineral Development Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Interparfums SA
PA:ITP
|
$525.99 Million |
|
Lumax Auto Technologies Limited
NSE:LUMAXTECH
|
$526.19 Million |
|
Menicon Co. Ltd
PINK:MNNLF
|
$526.29 Million |
|
Kasumigaseki Capital Co.,Ltd.
F:H0A
|
$526.31 Million |
|
THEME INTL HLDGS HD-0025
F:TM4C
|
$525.87 Million |
|
Jafco Company Ltd
OTCGREY:JFKOF
|
$525.86 Million |
|
CSBC Corp Taiwan
TW:2208
|
$525.67 Million |
|
Jindal Saw Limited
NSE:JINDALSAW
|
$525.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gujarat Mineral Development Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 61,160,049,000 to 64,117,400,000, a change of 2,957,351,000 (4.8%).
- Net income of 6,857,900,000 contributed positively to equity growth.
- Dividend payments of 3,036,900,000 reduced retained earnings.
- Other comprehensive income decreased equity by 711,476,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹6.86 Billion | +10.7% |
| Dividends Paid | ₹3.04 Billion | -4.74% |
| Other Comprehensive Income | ₹-711.48 Million | -1.11% |
| Other Changes | ₹-152.17 Million | -0.24% |
| Total Change | ₹- | 4.84% |
Book Value vs Market Value Analysis
This analysis compares Gujarat Mineral Development Corporation Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.74x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 25.76x to 2.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | ₹21.47 | ₹553.10 | x |
| 2005-03-31 | ₹24.15 | ₹553.10 | x |
| 2006-03-31 | ₹24.57 | ₹553.10 | x |
| 2007-03-31 | ₹26.38 | ₹553.10 | x |
| 2008-03-31 | ₹33.49 | ₹553.10 | x |
| 2009-03-31 | ₹38.32 | ₹553.10 | x |
| 2010-03-31 | ₹44.20 | ₹553.10 | x |
| 2011-03-31 | ₹52.51 | ₹553.10 | x |
| 2012-03-31 | ₹64.33 | ₹553.10 | x |
| 2013-03-31 | ₹79.70 | ₹553.10 | x |
| 2014-03-31 | ₹90.01 | ₹553.10 | x |
| 2015-03-31 | ₹101.92 | ₹553.10 | x |
| 2016-03-31 | ₹105.96 | ₹553.10 | x |
| 2017-03-31 | ₹126.02 | ₹553.10 | x |
| 2018-03-31 | ₹136.85 | ₹553.10 | x |
| 2019-03-31 | ₹135.76 | ₹553.10 | x |
| 2020-03-31 | ₹133.59 | ₹553.10 | x |
| 2021-03-31 | ₹127.89 | ₹553.10 | x |
| 2022-03-31 | ₹149.90 | ₹553.10 | x |
| 2023-03-31 | ₹182.34 | ₹553.10 | x |
| 2024-03-31 | ₹192.33 | ₹553.10 | x |
| 2025-03-31 | ₹201.63 | ₹553.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gujarat Mineral Development Corporation Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.70%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.16%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.21x
- Recent ROE (10.70%) is below the historical average (13.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 11.86% | 29.66% | 0.16x | 2.44x | ₹126.87 Million |
| 2005 | 13.47% | 28.01% | 0.18x | 2.73x | ₹266.18 Million |
| 2006 | 4.51% | 8.08% | 0.20x | 2.78x | ₹-428.93 Million |
| 2007 | 11.26% | 16.04% | 0.22x | 3.17x | ₹106.00 Million |
| 2008 | 24.86% | 26.90% | 0.35x | 2.61x | ₹1.58 Billion |
| 2009 | 18.99% | 23.58% | 0.34x | 2.36x | ₹1.10 Billion |
| 2010 | 19.91% | 26.25% | 0.36x | 2.14x | ₹1.39 Billion |
| 2011 | 22.44% | 26.56% | 0.39x | 2.16x | ₹2.08 Billion |
| 2012 | 23.80% | 29.85% | 0.51x | 1.57x | ₹2.82 Billion |
| 2013 | 23.70% | 35.88% | 0.45x | 1.47x | ₹3.47 Billion |
| 2014 | 15.34% | 34.05% | 0.33x | 1.38x | ₹1.53 Billion |
| 2015 | 15.45% | 34.80% | 0.34x | 1.29x | ₹1.77 Billion |
| 2016 | 6.50% | 18.58% | 0.22x | 1.59x | ₹-1.18 Billion |
| 2017 | 8.11% | 21.15% | 0.30x | 1.28x | ₹-756.91 Million |
| 2018 | 7.97% | 16.90% | 0.38x | 1.25x | ₹-885.07 Million |
| 2019 | 5.09% | 11.70% | 0.36x | 1.21x | ₹-2.12 Billion |
| 2020 | 3.45% | 9.63% | 0.29x | 1.23x | ₹-2.78 Billion |
| 2021 | -0.88% | -2.66% | 0.27x | 1.22x | ₹-4.42 Billion |
| 2022 | 9.35% | 16.32% | 0.46x | 1.24x | ₹-307.73 Million |
| 2023 | 20.77% | 34.43% | 0.51x | 1.19x | ₹6.25 Billion |
| 2024 | 9.77% | 23.76% | 0.34x | 1.20x | ₹-142.40 Million |
| 2025 | 10.70% | 23.16% | 0.38x | 1.21x | ₹446.16 Million |
Industry Comparison
This section compares Gujarat Mineral Development Corporation Limited's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $61,237,014,574
- Average return on equity (ROE) among peers: 23.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gujarat Mineral Development Corporation Limited (GMDCLTD) | ₹67.23 Billion | 11.86% | 0.23x | $525.99 Million |
| Adani Enterprises Limited (ADANIENT) | $182.10 Billion | 6.25% | 1.58x | $8.25 Billion |
| Anmol India Limited (ANMOL) | $113.32 Million | 23.14% | 5.46x | $3.48 Million |
| Coal India Limited (COALINDIA) | $202.09 Billion | 34.83% | 5.31x | $13.53 Billion |
| GMR Power and Urban Infra Limited (GMRP&UI) | $-18.18 Billion | 0.00% | 0.00x | $295.15 Million |
| Mercator Limited (MERCATOR) | $903.71 Million | 55.42% | 1.37x | $2.58 Million |
| Refex Industries Limited (REFEX) | $392.56 Million | 18.41% | 1.67x | $131.41 Million |