Gujarat Mineral Development Corporation Ltd. (GMDC) is a prominent state-owned enterprise headquartered in Ahmedabad, Gujarat, India. Founded in 1963, its core mission is the exploration and development of significant mineral resources within the state, making it a frontrunner in India’s mining sector.
GMDC primarily specializes in the extraction and refinement of lignite, bauxite, and fluorspar. Beyond mining, GMDC has diversification efforts, including the establishment of a 500 MW lignite-based thermal power plant in Kutch, Gujarat, contributing to the energy landscape.
The company enjoys a robust presence in the Indian market and extends its reach worldwide through product exports. GMDC actively engages in mineral resource exploration, identifying promising mining prospects across Gujarat.
Sustainability is at the core of GMDC’s values. They have undertaken various environmentally-conscious initiatives to minimize their operational impact, aligning with eco-friendly practices. Furthermore, GMDC contributes to the betterment of local communities surrounding their mining sites through various social welfare programs.
Gujarat Mineral Development Corporation Ltd. plays a crucial role in the mining sector, specializing in the production of lignite, bauxite, and fluorspar. The performance of the company’s shares is influenced by multiple factors, including market dynamics, industry trends, supply and demand, raw material pricing, governmental regulations, and economic conditions.
Fundamentals of Gujarat Mineral
Enterprise Value: ₹96.24 billion
Enterprise Revenue: 3.26 times
Enterprise EBITDA: 9.28 times
Payout Ratio: 35.95%
P/E Ratio: 10.04
Price/Sales Ratio: 3.45
Price/Book Ratio: 1.75
Book Value: ₹183.35
Total Cash: ₹5.33 billion
Total Cash per Share: ₹16.79
Free Cash Flow: ₹3.89 billion
Operating Cash Flow: ₹5.24 billion
Total Debt: ₹5.15 million
Debt/Equity Ratio: 0.01
Total Revenue: ₹29.56 billion
Revenue per Share: ₹92.93
Quarterly Revenue Growth: -29.00%
EBITDA Margin: 35.11%
EBITDA: ₹10.38 billion
Gross Profit: ₹34.85 billion
Gross Margin: 99.30%
Earnings per Share: ₹31.86
Last Split Factor: 2:1
Dividend Rate: ₹11.45
Dividend Yield: 3.63%
Five-Year Average Dividend Yield: 3.54%
Percentage Held by Insiders: 74.00%
Percentage Held by Institutions: 1.83%
Gujarat Mineral Share Price Target
2023: The 1st target price for this year is ₹160, which indicates the anticipated price level for a particular asset or investment. The 2nd target price for 2023 is ₹180, suggesting an alternative or more optimistic projection for the same asset.
2024: In 2024, the 1st target price is ₹180, indicating a price expectation for that year. The 2nd target price for 2024 is ₹200, representing another potential price scenario or forecast.
2025: For 2025, the 1st target price is ₹200, signifying the projected price level for a specific asset during that year. The 2nd target price for 2025 is ₹220, offering an alternative price prediction.
2026: In 2026, the 1st target price is ₹220, representing the expected price point for the asset at that time. The 2nd target price for 2026 is ₹240, providing an additional projection.
2027: For 2027, the 1st target price is ₹240, indicating the projected price for that year. The 2nd target price for 2027 is ₹260, offering an alternative perspective on the asset’s future price.
2030: By 2030, the 1st target price is ₹300, which is the expected price level at that future date. The 2nd target price for 2030 is ₹350, providing a more optimistic or alternative forecast.
2040: Looking further into the future, in 2040, the 1st target price is ₹500, reflecting a long-term price expectation. The 2nd target price for 2040 is ₹600, representing an alternative projection for the asset’s price at that distant time.
2050: In 2050, the 1st target price is ₹700, indicating the anticipated price level for the asset after several decades. The 2nd target price for 2050 is ₹800, offering a different perspective on the asset’s long-term price.
It is important to emphasize that this article does not provide financial advice or stock recommendations. Share price predictions are inherently speculative and are for educational purposes only. Conducting thorough research and seeking advice from financial experts is crucial before making any investment decisions. Investment involves risks, and careful consideration of various factors, including your financial goals, risk tolerance, and the specific investment opportunity, is essential to make informed choices.