Gujarat Mineral Development Corporation Limited (GMDCLTD) - Net Assets

Latest as of March 2026: Rs70.73 Billion INR ≈ $764.89 Million USD

Based on the latest financial reports, Gujarat Mineral Development Corporation Limited (GMDCLTD) has net assets worth Rs70.73 Billion INR (≈ $764.89 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs89.83 Billion ≈ $971.48 Million USD) and total liabilities (Rs19.10 Billion ≈ $206.59 Million USD). 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. Check how tangible is Gujarat Mineral Development Corporation 's equity to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs70.73 Billion
% of Total Assets 78.73%
Annual Growth Rate 11.21%
5-Year Change 45.65%
10-Year Change 76.49%
Growth Volatility 8.48

Gujarat Mineral Development Corporation Limited - Net Assets Trend (2004–2026)

This chart illustrates how Gujarat Mineral Development Corporation Limited's net assets have evolved over time, based on quarterly financial data. See GMDCLTD defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Gujarat Mineral Development Corporation Limited (2004–2026)

The table below shows the annual net assets of Gujarat Mineral Development Corporation Limited from 2004 to 2026. For live valuation and market cap data, see GMDCLTD market cap.

Year Net Assets Change
2026-03-31 Rs70.73 Billion
≈ $764.89 Million		 +10.31%
2025-03-31 Rs64.12 Billion
≈ $693.41 Million		 +4.84%
2024-03-31 Rs61.16 Billion
≈ $661.42 Million		 +6.27%
2023-03-31 Rs57.55 Billion
≈ $622.38 Million		 +18.52%
2022-03-31 Rs48.56 Billion
≈ $525.15 Million		 +19.54%
2021-03-31 Rs40.62 Billion
≈ $439.29 Million		 -4.38%
2020-03-31 Rs42.48 Billion
≈ $459.42 Million		 -1.60%
2019-03-31 Rs43.17 Billion
≈ $466.88 Million		 -0.80%
2018-03-31 Rs43.52 Billion
≈ $470.64 Million		 +8.59%
2017-03-31 Rs40.07 Billion
≈ $433.39 Million		 +18.94%
2016-03-31 Rs33.69 Billion
≈ $364.39 Million		 +3.95%
2015-03-31 Rs32.42 Billion
≈ $350.56 Million		 +13.24%
2014-03-31 Rs28.62 Billion
≈ $309.56 Million		 +12.92%
2013-03-31 Rs25.35 Billion
≈ $274.15 Million		 +23.92%
2012-03-31 Rs20.46 Billion
≈ $221.23 Million		 +22.51%
2011-03-31 Rs16.70 Billion
≈ $180.58 Million		 +18.80%
2010-03-31 Rs14.06 Billion
≈ $152.01 Million		 +15.33%
2009-03-31 Rs12.19 Billion
≈ $131.80 Million		 +14.79%
2008-03-31 Rs10.62 Billion
≈ $114.82 Million		 +26.58%
2007-03-31 Rs8.39 Billion
≈ $90.71 Million		 +7.33%
2006-03-31 Rs7.81 Billion
≈ $84.51 Million		 +1.76%
2005-03-31 Rs7.68 Billion
≈ $83.05 Million		 +12.49%
2004-03-31 Rs6.83 Billion
≈ $73.83 Million		 --

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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component Amount Percentage
Common Stock Rs636.00 Million 0.90%
Other Components Rs70.09 Billion 99.10%
Total Equity Rs70.73 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
Northwest Natural Gas Co
NYSE:NWN
 $2.09 Billion
Guangdong Guangzhou Daily Media Co Ltd
SHE:002181
 $2.09 Billion
Sapiens International Corporation NV
TA:SPNS
 $2.09 Billion
Zhejiang Fenglong Electric Co Ltd Class A
SHE:002931
 $2.09 Billion
Grupo Aval Acciones y Valores S.A
F:6GAA
 $2.09 Billion
The Navigator Company SA
LS:NVG
 $2.09 Billion
Navios Maritime Partners LP Unit
NYSE:NMM
 $2.09 Billion
Chongqing Rural Commercial Bank Co. Ltd
F:C3B
 $2.09 Billion

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 2025 to 2026, total equity changed from 64,117,400,000 to 70,727,400,000, a change of 6,610,000,000 (10.3%).
  • Net income of 9,566,700,000 contributed positively to equity growth.
  • Dividend payments of 3,211,800,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 30,832,700,000.
  • Other factors increased equity by 31,087,800,000.

Equity Change Factors (2025 to 2026)

Factor Impact Contribution
Net Income Rs9.57 Billion +13.53%
Dividends Paid Rs3.21 Billion -4.54%
Other Comprehensive Income Rs-30.83 Billion -43.59%
Other Changes Rs31.09 Billion +43.95%
Total Change Rs- 10.31%

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: 2.73x
  • 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 28.28x to 2.73x 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 Rs21.47 Rs607.20 x
2005-03-31 Rs24.15 Rs607.20 x
2006-03-31 Rs24.57 Rs607.20 x
2007-03-31 Rs26.38 Rs607.20 x
2008-03-31 Rs33.49 Rs607.20 x
2009-03-31 Rs38.32 Rs607.20 x
2010-03-31 Rs44.20 Rs607.20 x
2011-03-31 Rs52.51 Rs607.20 x
2012-03-31 Rs64.33 Rs607.20 x
2013-03-31 Rs79.70 Rs607.20 x
2014-03-31 Rs90.01 Rs607.20 x
2015-03-31 Rs101.92 Rs607.20 x
2016-03-31 Rs105.96 Rs607.20 x
2017-03-31 Rs126.02 Rs607.20 x
2018-03-31 Rs136.85 Rs607.20 x
2019-03-31 Rs135.76 Rs607.20 x
2020-03-31 Rs133.59 Rs607.20 x
2021-03-31 Rs127.89 Rs607.20 x
2022-03-31 Rs149.90 Rs607.20 x
2023-03-31 Rs182.34 Rs607.20 x
2024-03-31 Rs192.33 Rs607.20 x
2025-03-31 Rs201.63 Rs607.20 x
2026-03-31 Rs222.38 Rs607.20 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): 13.53%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 37.92%
  • • Asset Turnover: 0.28x
  • • Equity Multiplier: 1.27x
  • Recent ROE (13.53%) is above the historical average (13.06%), indicating improving 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 Rs126.87 Million
2005 13.47% 28.01% 0.18x 2.73x Rs266.18 Million
2006 4.51% 8.13% 0.20x 2.78x Rs-428.93 Million
2007 11.26% 16.04% 0.22x 3.17x Rs106.00 Million
2008 24.86% 26.90% 0.35x 2.61x Rs1.58 Billion
2009 19.39% 24.08% 0.34x 2.36x Rs1.14 Billion
2010 19.91% 26.03% 0.36x 2.14x Rs1.39 Billion
2011 22.46% 26.39% 0.39x 2.16x Rs2.08 Billion
2012 23.80% 29.85% 0.51x 1.57x Rs2.82 Billion
2013 23.70% 35.87% 0.45x 1.47x Rs3.47 Billion
2014 15.34% 34.05% 0.33x 1.38x Rs1.53 Billion
2015 15.45% 34.80% 0.34x 1.29x Rs1.77 Billion
2016 6.50% 20.88% 0.20x 1.59x Rs-1.18 Billion
2017 8.11% 21.15% 0.30x 1.28x Rs-756.91 Million
2018 7.97% 16.90% 0.38x 1.25x Rs-885.07 Million
2019 5.09% 11.70% 0.36x 1.21x Rs-2.12 Billion
2020 3.45% 9.63% 0.29x 1.23x Rs-2.78 Billion
2021 -0.88% -2.66% 0.27x 1.22x Rs-4.42 Billion
2022 9.35% 16.32% 0.46x 1.24x Rs-307.73 Million
2023 20.77% 34.43% 0.51x 1.19x Rs6.25 Billion
2024 9.77% 24.25% 0.33x 1.20x Rs-142.40 Million
2025 10.70% 24.06% 0.37x 1.21x Rs446.16 Million
2026 13.53% 37.92% 0.28x 1.27x Rs2.49 Billion

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: $76,848,324,903
  • Average return on equity (ROE) among peers: -1339.67%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Gujarat Mineral Development Corporation Limited (GMDCLTD) Rs70.73 Billion 11.86% 0.27x $2.09 Billion
Adani Enterprises Limited (ADANIENT) $229.52 Billion 8.80% 3.66x $36.73 Billion
Anmol India Limited (ANMOL) $113.32 Million 23.14% 5.46x $6.92 Million
Coal India Limited (COALINDIA) $248.73 Billion 37.31% 3.67x $29.59 Billion
GMR Power and Urban Infra Limited (GMRP&UI) $-18.18 Billion 0.00% 0.00x $898.02 Million
Mercator Limited (MERCATOR) $903.71 Million 55.42% 1.37x $2.78 Million
Refex Industries Limited (REFEX) $1.92 Million -8162.71% 276.18x $466.12 Million

About Gujarat Mineral Development Corporation Limited

NSE:GMDCLTD India Thermal Coal
Market Cap
$2.09 Billion
Rs193.09 Billion INR
Market Cap Rank
#6179 Global
#267 in India
Share Price
Rs607.20
Change (1 day)
-0.83%
52-Week Range
Rs376.50 - Rs746.75
All Time High
Rs746.75
Categories
Companies in India Thermal Coal
About

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