Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Gujarat Mineral Development Corporation Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 948 | 766 | 383 | 564 | 750 | 818 | 593 | 653 | 786 | 733 | 528 | 579 | 814 |
| Expenses + | 559 | 519 | 332 | 444 | 562 | 607 | 453 | 562 | 593 | 563 | 458 | 478 | 710 |
| Operating Profit | 390 | 247 | 51 | 121 | 189 | 211 | 140 | 92 | 194 | 169 | 69 | 101 | 104 |
| OPM % | 41% | 32% | 13% | 21% | 25% | 26% | 24% | 14% | 25% | 23% | 13% | 17% | 13% |
| Other Income + | 238 | 64 | 77 | 60 | 72 | 60 | 62 | 114 | 118 | 78 | 583 | 101 | 185 |
| Interest | -0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 5 |
| Depreciation | 21 | 19 | 18 | 20 | 22 | 21 | 21 | 26 | 27 | 22 | 22 | 22 | 49 |
| Profit before tax | 608 | 291 | 109 | 160 | 238 | 249 | 181 | 179 | 285 | 224 | 629 | 179 | 235 |
| Tax % | 27% | 25% | 32% | 27% | 21% | 26% | 29% | 18% | 21% | 27% | 26% | 26% | 17% |
| Net Profit + | 442 | 219 | 75 | 117 | 187 | 184 | 128 | 148 | 226 | 164 | 466 | 133 | 194 |
| EPS in Rs | 13.90 | 6.88 | 2.35 | 3.67 | 5.89 | 5.79 | 4.02 | 4.64 | 7.11 | 5.15 | 14.65 | 4.18 | 6.10 |
Financials of Gujarat Mineral Development Corporation Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,434 | 1,179 | 1,537 | 2,051 | 1,880 | 1,449 | 1,329 | 2,732 | 3,498 | 2,463 | 2,851 | 2,653 |
| Expenses + | 909 | 890 | 1,119 | 1,583 | 1,324 | 1,323 | 1,335 | 2,011 | 2,161 | 1,853 | 2,213 | 2,210 |
| Operating Profit | 525 | 289 | 418 | 468 | 556 | 126 | -6 | 721 | 1,337 | 609 | 637 | 443 |
| OPM % | 37% | 24% | 27% | 23% | 30% | 9% | -0% | 26% | 38% | 25% | 22% | 17% |
| Other Income + | 253 | 156 | 181 | 121 | -70 | 173 | -241 | 158 | 396 | 271 | 355 | 947 |
| Interest | 2 | 1 | 1 | 2 | 2 | 2 | 2 | 3 | 2 | 3 | 2 | 7 |
| Depreciation | 138 | 131 | 151 | 119 | 96 | 92 | 94 | 98 | 81 | 80 | 95 | 115 |
| Profit before tax | 637 | 313 | 447 | 469 | 388 | 205 | -343 | 778 | 1,649 | 798 | 895 | 1,268 |
| Tax % | 21% | 30% | 27% | 26% | 43% | 28% | -90% | 43% | 27% | 25% | 23% | 25% |
| Net Profit + | 501 | 219 | 325 | 347 | 220 | 146 | -36 | 446 | 1,204 | 597 | 686 | 957 |
| EPS in Rs | 15.75 | 6.89 | 10.22 | 10.90 | 6.91 | 4.61 | -1.12 | 14.02 | 37.88 | 18.78 | 21.57 | 30.08 |
| Dividend Payout % | 19% | 44% | 29% | 32% | 29% | 43% | -18% | 31% | 30% | 51% | 47% | 32% |
Financials of Gujarat Mineral Development Corporation Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 | 64 |
| Reserves | 3,180 | 3,633 | 3,937 | 4,288 | 4,254 | 4,032 | 4,003 | 4,758 | 5,722 | 6,036 | 6,348 | 7,009 |
| Borrowings + | 679 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 3 | 126 | 317 |
| Other Liabilities + | 1,045 | 1,012 | 1,120 | 1,044 | 894 | 967 | 905 | 1,064 | 1,166 | 1,266 | 1,214 | 1,594 |
| Total Liabilities | 4,966 | 4,709 | 5,121 | 5,395 | 5,211 | 5,063 | 4,973 | 5,886 | 6,953 | 7,369 | 7,752 | 8,983 |
| Fixed Assets + | 1,771 | 1,719 | 2,075 | 2,147 | 2,131 | 2,058 | 1,585 | 1,510 | 1,454 | 1,551 | 1,553 | 3,039 |
| CWIP | 958 | 31 | 21 | 11 | 1 | 4 | 6 | 23 | 28 | 292 | 741 | 215 |
| Investments | 121 | 644 | 657 | 782 | 429 | 264 | 299 | 596 | 491 | 566 | 484 | 464 |
| Other Assets + | 2,117 | 2,314 | 2,368 | 2,456 | 2,651 | 2,737 | 3,083 | 3,756 | 4,979 | 4,960 | 4,974 | 5,265 |
| Total Assets | 4,966 | 4,709 | 5,121 | 5,395 | 5,211 | 5,063 | 4,973 | 5,886 | 6,953 | 7,369 | 7,752 | 8,983 |
Financials of Gujarat Mineral Development Corporation Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 101 | 204 | 452 | 241 | 142 | 1 | 147 | 481 | 933 | 110 | 1,059 | 744 |
| Cash from Investing Activity + | -13 | -67 | -350 | -138 | 23 | 84 | 87 | -674 | -787 | 254 | -808 | -613 |
| Cash from Financing Activity + | -111 | -115 | -115 | -97 | -134 | -77 | -63 | -7 | -137 | -365 | -183 | -154 |
| Net Cash Flow | -23 | 22 | -13 | 6 | 31 | 8 | 170 | -199 | 8 | -0 | 68 | -23 |
| Free Cash Flow | 27 | 205 | -6 | 35 | 72 | -9 | 135 | 443 | 908 | -366 | 424 | -289 |
| CFO/OP | 61% | 126% | 140% | 95% | 61% | 127% | -292% | 98% | 103% | 56% | 135% | 202% |
Financials of Gujarat Mineral Development Corporation Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 21 | 30 | 28 | 20 | 29 | 35 | 40 | 27 | 19 | 15 | 11 | 10 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 21 | 30 | 28 | 20 | 29 | 35 | 40 | 27 | 19 | 15 | 11 | 10 |
| Working Capital Days | 240 | 356 | 228 | 178 | 228 | 271 | 290 | 153 | 147 | 228 | 177 | 263 |
| ROCE % | 16% | 8% | 12% | 11% | 14% | 5% | 1% | 18% | 31% | 13% | 14% | 11% |