Gujarat Mineral Development (NSE:GMDCLTD) Debt-to-EBITDA : 0.33 (As of Mar. 2026)


NSE:GMDCLTD Gujarat Mineral Development Corp Ltd NSE:GMDCLTD
63 GF Score
Price ₹586.30
GF Value ₹372.36
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Gujarat Mineral Development Debt-to-EBITDA?

Gujarat Mineral Development NSE:GMDCLTD -1.79% 63 Debt-to-EBITDA is 0.33 as of Mar. 2026. GuruFocus rates NSE:GMDCLTD with a GF Score™ of 63/100 and a GF Value™ of ₹372.36 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 93 Other Energy Sources companies, Gujarat Mineral Development ranks better than 90.32% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Gujarat Mineral Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹302 Mil. Gujarat Mineral Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹2,863 Mil. Gujarat Mineral Development's annualized EBITDA for the quarter that ended in Mar. 2026 was ₹9,601 Mil. Gujarat Mineral Development's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.33.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Gujarat Mineral Development's Debt-to-EBITDA or its related term are showing as below:

NSE:GMDCLTD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.25
Current: 0.25

During the past 13 years, the highest Debt-to-EBITDA Ratio of Gujarat Mineral Development was 0.25. The lowest was 0.00. And the median was 0.00.

NSE:GMDCLTD's Debt-to-EBITDA is ranked better than
90.32% of 93 companies
in the Other Energy Sources industry
Industry Median: 2.2 vs NSE:GMDCLTD: 0.25

Gujarat Mineral Development  (NSE:GMDCLTD) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Gujarat Mineral Development Debt-to-EBITDA Related Terms


Gujarat Mineral Development Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Gujarat Mineral Development's Debt-to-EBITDA can be seen below:

* 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 Debt-to-EBITDA Chart

Gujarat Mineral Development Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.13 0.23

Gujarat Mineral Development Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.00 0.11 0.00 0.33

Gujarat Mineral Development Debt-to-EBITDA Competitor Comparison

For the Thermal Coal subindustry, Gujarat Mineral Development's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Gujarat Mineral Development's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Gujarat Mineral Development's Debt-to-EBITDA falls into.


NSE:GMDCLTD
63GF Score
Gujarat Mineral Development Corp Ltd NSE:GMDCLTD
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gujarat Mineral Development Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Gujarat Mineral Development's Debt-to-EBITDA for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(301.8 + 2863.2) / 13895.9
=0.23

Gujarat Mineral Development's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(301.8 + 2863.2) / 9600.8
=0.33

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.33 mean?
Gujarat Mineral Development (NSE:GMDCLTD) has a Debt-to-EBITDA of 0.33 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Gujarat Mineral Development. According to the industry distribution chart, Gujarat Mineral Development ranks #9 out of 93 companies in the Other Energy Sources industry, placing it in the top 9.7%.
Is Gujarat Mineral Development's Debt-to-EBITDA too high?
Gujarat Mineral Development's current Debt-to-EBITDA is 0.33. The Other Energy Sources industry median Debt-to-EBITDA is 2.20. Gujarat Mineral Development's value of 0.33 is 85% below this industry median. Based on the distribution chart, Gujarat Mineral Development ranks #9 out of 93 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Gujarat Mineral Development has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Mineral Development's Debt-to-EBITDA compare to competitors?
According to the Other Energy Sources industry distribution chart, Gujarat Mineral Development ranks #9 out of 93 companies for Debt-to-EBITDA. This places Gujarat Mineral Development in the top 10% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.20. Gujarat Mineral Development's value of 0.33 is 85% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Other Energy Sources company?
The median Debt-to-EBITDA among Other Energy Sources companies is 2.20, based on 93 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gujarat Mineral Development's current Debt-to-EBITDA of 0.33 is 85% below 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Gujarat Mineral Development. For the Other Energy Sources industry, the median Debt-to-EBITDA is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Mineral Development's current Debt-to-EBITDA is 0.33. 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 ₹372.36, compared to a current price of ₹586.30 — trading 57.5% above its estimated fair value. The current Debt-to-EBITDA is 0.33 and 85% below the Other Energy Sources industry median of 2.20. Gujarat Mineral Development's overall GF Score™ is 63/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Gujarat Mineral Development (NSE:GMDCLTD), the current Debt-to-EBITDA is 0.33 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 ₹586.30 is trading 57.5% above its estimated GF Value™ of ₹372.36. GuruFocus considers Gujarat Mineral Development to be Significantly Overvalued.

Key valuation signals for NSE:GMDCLTD:

  • Debt-to-EBITDA: 0.33
  • GF Value™: ₹372.36 vs. price of ₹586.30 (57.5% above fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 85% below the Other Energy Sources median (#9 of 93)

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 Business Description

Other Exchanges 532181:India
Address 132 Feet Ring Road, Khanij Bhavan, Near University Ground, Vastrapur, Ahmedabad, GJ, IND, 380 052
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.
63GF Score

Get the complete analysis for NSE:GMDCLTD

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹586.30
Price
₹372.36
GF Value