Gujarat Mineral DevelopmentNSE:GMDCLTD -0.73%64 Current Ratio is 4.15 as of Mar. 2026, which is 5% below its 10-year median of 4.38. GuruFocus rates NSE:GMDCLTD with a GF Score™ of 64/100 and a GF Value™ of ₹372.56 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 184 Other Energy Sources companies, Gujarat Mineral Development ranks better than 69.02% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Gujarat Mineral Development's current ratio for the quarter that ended in Mar. 2026 was 4.15.
Gujarat Mineral Development has a current ratio of 4.15. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.
The historical rank and industry rank for Gujarat Mineral Development's Current Ratio or its related term are showing as below:
NSE:GMDCLTD'
s Current Ratio Range Over the Past 10 Years
Min: 3.3 Med: 4.38 Max: 6.11
Current: 4.15
During the past 13 years, Gujarat Mineral Development's highest Current Ratio was 6.11. The lowest was 3.30. And the median was 4.38.
NSE:GMDCLTD's Current Ratio is ranked better than 69.02% of 184
companies
in the Other Energy Sources industry
Industry Median: 1.88
vs NSE:GMDCLTD: 4.15
Gujarat Mineral Development (NSE:GMDCLTD) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Gujarat Mineral Development Current Ratio Related Terms
Gujarat Mineral Development Current Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Gujarat Mineral Development Current Ratio Competitor Comparison
For the Thermal Coal subindustry, Gujarat Mineral Development's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Gujarat Mineral Development Current Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Gujarat Mineral Development's Current Ratio distribution charts can be found below:
* The bar in red indicates where Gujarat Mineral Development's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Gujarat Mineral Development (NSE:GMDCLTD) has a Current Ratio of 4.15 as of Mar. 2026. This is near median its historical median of 4.38. Over the past decade, Gujarat Mineral Development's Current Ratio has ranged from 3.30 to 6.11. According to the industry distribution chart, Gujarat Mineral Development ranks #57 out of 184 companies in the Other Energy Sources industry, placing it in the top 31%.
Is Gujarat Mineral Development's Current Ratio too high?
Gujarat Mineral Development's current Current Ratio of 4.15 is near median its 10-year median of 4.38. Over the past 10 years, this metric has ranged from a low of 3.30 to a high of 6.11. The Other Energy Sources industry median Current Ratio is 1.88. Gujarat Mineral Development's value of 4.15 is 120.7% above this industry median. Based on the distribution chart, Gujarat Mineral Development ranks #57 out of 184 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Gujarat Mineral Development has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Mineral Development's Current Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, Gujarat Mineral Development ranks #57 out of 184 companies for Current Ratio. This puts Gujarat Mineral Development in the upper half of its industry. The industry median Current Ratio is 1.88. Gujarat Mineral Development's value of 4.15 is 120.7% above this benchmark. Historically, Gujarat Mineral Development's own Current Ratio has ranged from 3.30 to 6.11 over the past decade. While the company's 10-year median is 4.38 vs. the industry median of 1.88, Gujarat Mineral Development has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for an Other Energy Sources company?
The median Current Ratio among Other Energy Sources companies is 1.88, based on 184 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gujarat Mineral Development's current Current Ratio of 4.15 is 120.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Other Energy Sources industry, the median Current Ratio is 1.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Mineral Development's current Current Ratio is 4.15, which is near median its own 10-year median of 4.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Mineral Development stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Mineral Development (NSE:GMDCLTD) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹372.56, compared to a current price of ₹597.00 — trading 60.2% above its estimated fair value. The current Current Ratio is 4.15, which is near median its 10-year median of 4.38 and 120.7% above the Other Energy Sources industry median of 1.88. Gujarat Mineral Development's overall GF Score™ is 64/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Gujarat Mineral Development (NSE:GMDCLTD), the current Current Ratio is 4.15 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Gujarat Mineral Development (NSE:GMDCLTD) Overvalued in 2026?
Based on GuruFocus' analysis, Gujarat Mineral Development stock appears to be overvalued.
The current stock price of ₹597.00 is trading 60.2% above its estimated GF Value™ of ₹372.56.
GuruFocus considers Gujarat Mineral Development to be Significantly Overvalued.
Key valuation signals for NSE:GMDCLTD:
Current Ratio: 4.15 (near median its 10-year median of 4.38)
GF Value™: ₹372.56 vs. price of ₹597.00 (60.2% above fair value)
Industry Position: 120.7% above the Other Energy Sources median (#57 of 184)
No single metric tells the full story. See the NSE:GMDCLTD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gujarat Mineral Development Corp Ltd is a mineral resource mining company. Its operations include lignite mining, bauxite mining, fluorspar mining, manganese mining, and power generation. The company's segments include Mining and Power. The majority of its revenue is derived from the Mining segment which engages in the mining and sale of manganese, bauxite, limestone, silica sand, and others. Geographically, the company operates only in India.
64GF Score
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