Gujarat Mineral Development Corporation Ltd (GMDC) Share Price Target 2025, 2026, 2027 to 2030: We’ll analyze Gujarat Mineral Development Corporation Ltd (GMDC) share targets for 2025, 2026, 2027, and 2030. As one of India’s leading mining and mineral companies, GMDC is strategically positioned to benefit from the increasing demand for natural resources and the push towards sustainable mining practices. With a diversified portfolio, government backing, and ongoing investments in modern technologies, GMDC shows significant potential for long-term growth, making it an attractive prospect for investors.
Overview of Gujarat Mineral Development Corporation Ltd (GMDC)
What is GMDC?
Gujarat Mineral Development Corporation Ltd (GMDC) is a prominent state-owned enterprise specializing in minerals and lignite mining in India. Established in 1963 and headquartered in Ahmedabad, GMDC plays a significant role in India’s mining sector. The company’s diverse product portfolio includes lignite, bauxite, fluorspar, and other essential minerals crucial for energy and industrial applications. Through its subsidiaries, GMDC also fosters entrepreneurship and collaborates on coal mining projects, contributing to India’s economic and industrial growth.
Key Features of GMDC:
- Business Model: GMDC focuses on mining, processing, and supplying essential energy and industrial minerals.
- Core Offerings: The company’s operations encompass lignite mining, base metals, and industrial minerals like bauxite and fluorspar.
- Market Position: As a key player in India’s mining sector, GMDC supports the country’s energy and industrial needs.
- Revenue and Scale: With significant revenues and a solid presence in the industry, GMDC is a leading mining corporation in India.
Information about GMDC
| Information | Details |
|---|---|
| Website | gmdcltd.com |
| Operator | Gujarat Mineral Development Corporation Ltd |
| Founded | 1963 |
| Founder | Government of Gujarat |
| CEO | Shri Roopwant Singh, IAS |
| Headquarters | Vastrapur, Ahmedabad |
| Number of Employees | 837 (2024) |
| Revenue | ₹2,734.79 crores INR (US$340 million, 2022) |
| Subsidiaries | Gujarat Foundation for Entrepreneurial Excellence, Naini Coal Company Limited |
| Stock Symbol (NSE) | GMDCLTD |
| Key Focus Areas | Minerals mining, lignite, bauxite, fluorspar |
Current Market Overview of GMDC Share
As of November 2024, GMDC’s share has shown a mixed performance. It is up by +0.31% today but has declined by -8.08% over the past week and -3.38% over the past month. Over the past three months, the share has decreased by -7.43%. Over the past year, it has dropped by -14.36%. However, it has experienced remarkable growth of +378.51% over the past three years and an impressive +454.78% over the past five years.
MDC Share Fundamental Data
- Market Cap: ₹10,515 Cr.
- Current Price: ₹331
- High / Low: ₹506 / ₹309
- P/E Ratio: 16.5
- Book Value: ₹195
- Dividend Yield: 2.89%
- ROCE: 13.8%
- ROE: 10.4%
- Face Value: ₹2.00
The Market Position of GMDC Share as of November 2024
| Time Period | Returns of GMDC Share |
|---|---|
| 1 Day | +0.31% |
| 1 Week | -8.08% |
| 1 Month | -3.38% |
| 3 Months | -7.43% |
| 1 Year | -14.36% |
| 3 Years | +378.51% |
| 5 Years | +454.78% |
GMDC Share Price Target in 2024, 2025, 2026, 2027, 2028, 2029, 2030
GMDC Share Price Target in 2024
The share price target for GMDC in 2024 is projected between ₹320 and ₹590, reflecting a balanced performance as the company continues to manage its diverse mining and energy portfolio.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹320 | ₹590 |
GMDC Share Price Target in 2025
In 2025, the share price target for GMDC is expected to range between ₹360 and ₹830, supported by the company’s strong position in the mining sector and potential growth in its energy-related ventures.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2025 | ₹360 | ₹830 |
GMDC Share Price Target in 2026
For 2026, GMDC’s share price target is projected between ₹430 and ₹1,060, driven by continued demand for its energy minerals and potential expansion in related sectors.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2026 | ₹430 | ₹1,060 |
GMDC Share Price Target in 2027
By 2027, GMDC’s share price is expected to reach between ₹470 and ₹1,290, benefiting from its strong mining operations and strategic growth plans.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2027 | ₹470 | ₹1,290 |
GMDC Share Price Target in 2028
In 2028, the share price target for GMDC is projected between ₹520 and ₹1,540, reflecting the company’s steady growth and expansion.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2028 | ₹520 | ₹1,540 |
GMDC Share Price Target in 2029
GMDC’s share price target for 2029 is estimated to range between ₹580 and ₹1,770, driven by further diversification and strong market positioning.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2029 | ₹580 | ₹1,770 |
GMDC Share Price Target in 2030
For 2030, GMDC’s share price target is projected to range between ₹640 and ₹2,020, reflecting its long-term growth potential in the mining and energy sectors.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2030 | ₹640 | ₹2,020 |
Financial Health and Performance Analysis of GMDC (FY 2020 – FY 2024)
FY 2024
| Metric | FY 2024 | Y/Y Growth |
|---|---|---|
| Total Revenue | ₹2,733.07 Cr | -29.83% |
| Total Expenses | ₹1,918.34 Cr | -14.25% |
| Profit after Tax (PAT) | ₹617.24 Cr | -49.23% |
| Operating Profit Margin | 33.19% | -9.63% |
| Net Profit Margin | 25.06% | -6.30% |
| Basic EPS (₹) | ₹19.41 | -49.23% |
FY 2023
| Metric | FY 2023 | Y/Y Growth |
|---|---|---|
| Total Revenue | ₹3,895.01 Cr | +34.83% |
| Total Expenses | ₹2,237.02 Cr | +3.87% |
| Profit after Tax (PAT) | ₹1,215.73 Cr | +200.20% |
| Operating Profit Margin | 42.82% | +17.04% |
| Net Profit Margin | 31.36% | +17.20% |
| Basic EPS (₹) | ₹38.23 | +200.20% |
FY 2022
| Metric | FY 2022 | Y/Y Growth |
|---|---|---|
| Total Revenue | ₹2,888.87 Cr | +93.60% |
| Total Expenses | ₹2,153.64 Cr | +49.02% |
| Profit after Tax (PAT) | ₹404.97 Cr | – |
| Operating Profit Margin | 25.78% | – |
| Net Profit Margin | 14.16% | – |
| Basic EPS (₹) | ₹12.74 | – |
FY 2021
| Metric | FY 2021 | Y/Y Growth |
|---|---|---|
| Total Revenue | ₹1,492.18 Cr | -11.79% |
| Total Expenses | ₹1,445.15 Cr | -2.93% |
| Profit after Tax (PAT) | ₹-39.34 Cr | -126.86% |
| Operating Profit Margin | 3.65% | – |
| Net Profit Margin | -2.93% | – |
| Basic EPS (₹) | ₹-1.24 | – |
FY 2020
| Metric | FY 2020 | Y/Y Growth |
|---|---|---|
| Total Revenue | ₹1,691.59 Cr | -16.43% |
| Total Expenses | ₹1,488.77 Cr | +4.73% |
| Profit after Tax (PAT) | ₹146.49 Cr | -33.39% |
| Operating Profit Margin | 13.45% | – |
| Net Profit Margin | 9.63% | – |
| Basic EPS (₹) | ₹4.61 | – |
Analysis Summary:
- Revenue Performance: GMDC’s total revenue saw a significant drop of 29.83% in FY 2024, reversing the previous year’s growth of 34.83%. This decline is primarily attributed to lower demand and reduced operational capacity.
- Expense Control: Total expenses decreased by 14.25% in FY 2024, a positive sign of cost management, especially following a 3.87% increase in FY 2023.
- Profitability: GMDC’s Profit After Tax (PAT) dropped by 49.23% in FY 2024, significantly lower than the 200.20% increase in FY 2023. The sharp decline in profitability reflects challenges in operational efficiency and market conditions.
- Margins: Operating profit margin fell to 33.19% in FY 2024 from 42.82% in FY 2023, while net profit margin also declined by 6.30%, from 31.36% in FY 2023 to 25.06%. This indicates a squeeze in profitability.
- Earnings Per Share (EPS): GMDC’s basic EPS in FY 2024 was ₹19.41, a significant drop from ₹38.23 in FY 2023, reflecting a reduction in overall profitability.
How to Buy GMDC Shares:
- Choose a Broker: Select a trusted brokerage platform that offers GMDC shares.
- Open a Trading Account: Set up a trading and Demat account with your selected broker.
- Complete KYC: Submit the required documents for identity verification.
- Deposit Funds: Fund your account with the desired investment amount.
- Search for GMDC Shares: Locate GMDC shares on your broker’s platform.
- Place an Order: Enter the number of shares you wish to buy and choose your order type (market or limit).
- Confirm Purchase: Review and confirm the details of your order before making the purchase.
- Monitor Investment: Keep track of your investment and make adjustments to your portfolio as needed.
GMDC Share Price Target for the Next 5 Years
GMDC is positioned for long-term growth due to its leadership in the mining and energy sectors. As it continues to leverage its strong portfolio and expand its presence in energy minerals, the company’s share price is expected to see steady growth.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2024 | ₹320 | ₹590 |
| 2025 | ₹360 | ₹830 |
| 2026 | ₹430 | ₹1,060 |
| 2027 | ₹470 | ₹1,290 |
| 2028 | ₹520 | ₹1,540 |
Shareholding Pattern of GMDC
Promoters:
- Percentage: 74.00%
- % Change QoQ: 0.00%
Pledge:
- Percentage: 0.00%
- % Change QoQ: 0.00%
Foreign Institutional Investors (FII):
- Percentage: 1.68%
- % Change QoQ: +0.08%
Domestic Institutional Investors (DII):
- Percentage: 0.78%
- % Change QoQ: -0.21%
Mutual Funds (MF):
- Percentage: 0.10%
- % Change QoQ: -0.21%
Pros of GMDC:
- Strong Promoter Holding: High promoter stake (74%) reflects stability and long-term confidence in the company.
- Diversified Operations: GMDC benefits from a broad portfolio in mining, energy, and industrial sectors, reducing reliance on one industry.
- Government Support: As a public sector enterprise, GMDC enjoys government backing, which provides stability and growth opportunities.
Cons of GMDC:
- Volatile Profitability: Fluctuations in profit, like the decline in PAT in FY 2020, raise concerns about consistent growth.
- Limited Institutional Investment: Low stake from institutional investors may affect liquidity and market confidence.
- Capital-Intensive Operations: The mining and energy sectors require heavy investment, limiting financial flexibility.
Peer Competitors GMDC of Mining & Mineral Products Sector
| Name | Share Price (₹) | Market Cap (₹ Cr) |
|---|---|---|
| Coal India | 409.75 | 252,517.79 |
| Vedanta | 433.40 | 169,476.22 |
| NMDC | 218.80 | 64,121.66 |
| Lloyds Metals | 924.25 | 48,320.87 |
| KIOCL | 363.25 | 22,076.56 |
| GMDC | 330.65 | 10,514.67 |
| Sandur Manganese | 444.30 | 7,199.21 |
FAQs:
- What is GMDC?
GMDC (Gujarat Mineral Development Corporation) is a government-owned company engaged in mining and exploration of mineral resources, including lignite, bauxite, and other minerals. - Where is GMDC located?
GMDC is headquartered in Ahmedabad, Gujarat, and its mining operations are primarily based in the state of Gujarat. - What minerals does GMDC mine?
GMDC specializes in the mining of lignite, bauxite, fluorspar, and other minerals. - Is GMDC a listed company?
Yes, GMDC is a publicly traded company, listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). - What is GMDC’s market position?
GMDC holds a significant position in the mining industry, especially in Gujarat, with a focus on mineral exploration and mining operations. - Can I invest in GMDC?
Yes, GMDC’s shares are publicly traded, and investors can buy shares through a stockbroker or trading platform. - What is GMDC’s financial performance?
GMDC’s financial performance is driven by its mining operations, with a focus on sustainable growth and profitability within the mineral sector. - Does GMDC pay dividends?
Yes, GMDC has a history of paying dividends to its shareholders, depending on its annual performance. - What is GMDC’s future growth plan?
GMDC is focused on expanding its mining operations and exploring new mineral reserves to enhance its long-term growth prospects.
