Gujarat Mineral Development Corporation Limited (GMDCLTD) - Net Assets
Based on the latest financial reports, Gujarat Mineral Development Corporation Limited (GMDCLTD) has net assets worth Rs67.23 Billion INR (≈ $727.04 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs82.69 Billion ≈ $894.29 Million USD) and total liabilities (Rs15.47 Billion ≈ $167.25 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 financial resilience of Gujarat Mineral Development Corporation to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs67.23 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. Also explore how large is Gujarat Mineral Development Corporation 's balance sheet for the complete picture of this company's asset base.
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. For live valuation and market cap data, see GMDCLTD market cap.
| Year | Net Assets | Change |
|---|---|---|
| 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 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 | Rs32.65 Billion | 50.92% |
| Common Stock | Rs636.00 Million | 0.99% |
| Other Comprehensive Income | Rs30.83 Billion | 48.09% |
| Total Equity | Rs64.12 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 |
|---|---|
|
Zhongshan Public Utilities Group Co Ltd
SHE:000685
|
$2.53 Billion |
|
China Railway Hi-tech Industry Corp Ltd
SHG:600528
|
$2.53 Billion |
|
ZhongAn Online P & C Insurance Co. Ltd
F:1ZO
|
$2.53 Billion |
|
Yunnan Botanee Bio-Technology Group Co Ltd
SHE:300957
|
$2.53 Billion |
|
Medco Energi Internasional Tbk
JK:MEDC
|
$2.53 Billion |
|
Shanghai Feilo Acoustics Co Ltd
SHG:600651
|
$2.53 Billion |
|
Arcadis N.V.
AS:ARCAD
|
$2.53 Billion |
|
Hangzhou Shunwang Tech
SHE:300113
|
$2.53 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 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 | Rs6.86 Billion | +10.7% |
| Dividends Paid | Rs3.04 Billion | -4.74% |
| Other Comprehensive Income | Rs-711.48 Million | -1.11% |
| Other Changes | Rs-152.17 Million | -0.24% |
| Total Change | Rs- | 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: 3.65x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 34.29x to 3.65x 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 | Rs736.15 | x |
| 2005-03-31 | Rs24.15 | Rs736.15 | x |
| 2006-03-31 | Rs24.57 | Rs736.15 | x |
| 2007-03-31 | Rs26.38 | Rs736.15 | x |
| 2008-03-31 | Rs33.49 | Rs736.15 | x |
| 2009-03-31 | Rs38.32 | Rs736.15 | x |
| 2010-03-31 | Rs44.20 | Rs736.15 | x |
| 2011-03-31 | Rs52.51 | Rs736.15 | x |
| 2012-03-31 | Rs64.33 | Rs736.15 | x |
| 2013-03-31 | Rs79.70 | Rs736.15 | x |
| 2014-03-31 | Rs90.01 | Rs736.15 | x |
| 2015-03-31 | Rs101.92 | Rs736.15 | x |
| 2016-03-31 | Rs105.96 | Rs736.15 | x |
| 2017-03-31 | Rs126.02 | Rs736.15 | x |
| 2018-03-31 | Rs136.85 | Rs736.15 | x |
| 2019-03-31 | Rs135.76 | Rs736.15 | x |
| 2020-03-31 | Rs133.59 | Rs736.15 | x |
| 2021-03-31 | Rs127.89 | Rs736.15 | x |
| 2022-03-31 | Rs149.90 | Rs736.15 | x |
| 2023-03-31 | Rs182.34 | Rs736.15 | x |
| 2024-03-31 | Rs192.33 | Rs736.15 | x |
| 2025-03-31 | Rs201.63 | Rs736.15 | 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 | Rs126.87 Million |
| 2005 | 13.47% | 28.01% | 0.18x | 2.73x | Rs266.18 Million |
| 2006 | 4.51% | 8.08% | 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 | 18.99% | 23.58% | 0.34x | 2.36x | Rs1.10 Billion |
| 2010 | 19.91% | 26.25% | 0.36x | 2.14x | Rs1.39 Billion |
| 2011 | 22.44% | 26.56% | 0.39x | 2.16x | Rs2.08 Billion |
| 2012 | 23.80% | 29.85% | 0.51x | 1.57x | Rs2.82 Billion |
| 2013 | 23.70% | 35.88% | 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% | 18.58% | 0.22x | 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% | 23.76% | 0.34x | 1.20x | Rs-142.40 Million |
| 2025 | 10.70% | 23.16% | 0.38x | 1.21x | Rs446.16 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: $64,127,309,757
- Average return on equity (ROE) among peers: -17.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gujarat Mineral Development Corporation Limited (GMDCLTD) | Rs67.23 Billion | 11.86% | 0.23x | $2.53 Billion |
| Adani Enterprises Limited (ADANIENT) | $182.10 Billion | 6.25% | 1.58x | $30.06 Billion |
| Anmol India Limited (ANMOL) | $1.01 Billion | 21.09% | 1.81x | $7.29 Million |
| Coal India Limited (COALINDIA) | $193.42 Billion | 27.11% | 1.63x | $32.09 Billion |
| GMR Power and Urban Infra Limited (GMRP&UI) | $-18.18 Billion | 0.00% | 0.00x | $823.70 Million |
| Mercator Limited (MERCATOR) | $26.25 Billion | -14.17% | 1.61x | $2.78 Million |
| Refex Industries Limited (REFEX) | $158.48 Million | -147.70% | 3.53x | $391.50 Million |
About 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