profit from every ₹100 of sales.
₹0₹100
Gujarat Mineral Development
₹488.30-1.95% today
-2.9% in 1 year
1-year low ₹411.651-year high ₹746.75
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹16.23 for every ₹1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Gujarat Mineral Development sold, what it kept, and what it did with the cash.
Sales went from ₹35.0 billion in 2023 to ₹26.5 billion in 2026, with ₹9.57 billion of profit last year.
SalesProfit
Gujarat Mineral Development vs. similar companies
Gujarat Mineral Development grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Gujarat Mineral Development | 16.2× · Fair price | ||
 China Shenhua Energy | 20.5× · Fair price | ||
 Shaanxi Coal Industry | 15.6× · Fair price | ||
 Adani Enterprises | 39.0× · Expensive | ||
 Coal India | 8.0× · Cheap |
AI analysis
An AI analyst reads Gujarat Mineral Development's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 34,979 | 24,629 | 28,508 | 26,534 | |
| 16,521 | 9,323 | 10,390 | 10,837 | |
| 12,607 | 5,365 | 5,434 | 3,291 | |
| 17,304 | 8,805 | 9,863 | 13,896 | |
| 12,044 | 5,974 | 6,799 | 9,567 | |
| 37.88 | 18.78 | 21.38 | 30.08 | |
| 47.2% | 37.9% | 36.4% | 40.8% | |
| 36.0% | 21.8% | 19.1% | 12.4% | |
| 34.4% | 24.3% | 23.8% | 36.1% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 69,512 | 73,671 | 77,504 | 89,830 |
| Cash | 511 | 508 | 1,189 | 943 |
| Total debt | 21 | 28 | 1,264 | 3,165 |
| Total liabilities | 11,660 | 12,674 | 13,387 | 19,102 |
| 57,852 | 60,997 | 64,117 | 70,727 | |
| 318 | 318 | 318 | 318 | |
| 21.4% | 9.8% | 10.2% | 12.9% | |
| 20.8% | 9.8% | 10.6% | 13.5% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 9,327 | 1,101 | 10,656 | 7,437 | |
| 250 | 4,786 | 6,441 | 10,340 | |
| 9,077 | -3,686 | 4,215 | -2,903 | |
| Dividends paid | 1,367 | 3,641 | 3,037 | 3,212 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 16.2×
- –
- –
- 2.6×
- 5.9×
- –
- 11.3×
- -1.9%
- 6.2%
- 2.1%
Profitability
- 40.8%
- 12.4%
- 36.1%
- –
- 12.9%
- 13.6%
- –
- –
- –
- –
Growth
- −8.8%
- −7.4%
- –
- –
- +0.0%
Financial health
- 0.2×
- 0.04
- –
- 178.6×
- 4.15
- –
- –
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 21%of 467
Bottom 48%of 466
Top 47%of 387
Bottom 24%of 461
Bottom 20%of 460
2.1%of the share price, paid each year
On $1,000 invested$21a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
33.6% of its profit
Room to growStretchedMore than it earnsNews
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
55No pass
Benjamin Graham
71Pass
Philip Fisher
49No pass
Peter Lynch
33No pass
Joel Greenblatt
46No pass
Charlie Munger
55No pass
Terry Smith
37No pass
Questions about Gujarat Mineral Development
Is Gujarat Mineral Development a good stock to buy?
A strong, very profitable business at a fair price. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Gujarat Mineral Development AI analysis
What does Gujarat Mineral Development do?
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. It is in Thermal Coal, based in Ahmedabad, India.
Does Gujarat Mineral Development pay a dividend?
Yes. At today's price the dividend is 2.1% a year, about 34% of its yearly profit. In 2026 it paid out ₹3.21 billion in dividends.
Is Gujarat Mineral Development stock halal?
Yes. Gujarat Mineral Development passes our halal screen: its business is permitted and its debt is 2% of its market value, under the 30% limit. How we check
How has Gujarat Mineral Development stock done over the past year?
Down 2.9% over the past twelve months, to ₹488.30. It traded between ₹411.65 and ₹746.75 and is 34.6% below its high.
Who are Gujarat Mineral Development's competitors?
The largest listed companies in the same industry are China Shenhua Energy, Shaanxi Coal Industry, Adani Enterprises and Coal India. The peers table on this page compares their profit, growth and price with Gujarat Mineral Development's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.