Gujarat Mineral DevelopmentNSE:GMDCLTD -0.47%69 Debt-to-Equity is 0.05 as of Mar. 2026, which is 67% above its 10-year median of 0.03. GuruFocus rates NSE:GMDCLTD with a GF Score™ of 69/100 and a GF Value™ of ₹371.18 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 134 Other Energy Sources companies, Gujarat Mineral Development ranks better than 85.07% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Gujarat Mineral Development's Debt-to-Equity or its related term are showing as below:
NSE:GMDCLTD'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.05
Current: 0.05
During the past 13 years, the highest Debt-to-Equity Ratio of Gujarat Mineral Development was 0.05. The lowest was 0.02. And the median was 0.03.
NSE:GMDCLTD's Debt-to-Equity is ranked better than 85.07% of 134
companies
in the Other Energy Sources industry
Industry Median: 0.325
vs NSE:GMDCLTD: 0.05
Gujarat Mineral Development (NSE:GMDCLTD) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Gujarat Mineral Development Debt-to-Equity Related Terms
Gujarat Mineral Development Debt-to-Equity 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 Debt-to-Equity Competitor Comparison
For the Thermal Coal subindustry, Gujarat Mineral Development's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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-Equity vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Gujarat Mineral Development's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Gujarat Mineral Development's Debt-to-Equity 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 Debt-to-Equity of 0.05 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Gujarat Mineral Development and its competitors. This is 67% above median its historical median of 0.03. Over the past decade, Gujarat Mineral Development's Debt-to-Equity has ranged from 0.02 to 0.05. According to the industry distribution chart, Gujarat Mineral Development ranks #20 out of 134 companies in the Other Energy Sources industry, placing it in the top 14.9%.
Is Gujarat Mineral Development's Debt-to-Equity too high?
Gujarat Mineral Development's current Debt-to-Equity of 0.05 is 67% above median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.05. The Other Energy Sources industry median Debt-to-Equity is 0.33. Gujarat Mineral Development's value of 0.05 is 84.6% below this industry median. Based on the distribution chart, Gujarat Mineral Development ranks #20 out of 134 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 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Mineral Development's Debt-to-Equity compare to competitors?
According to the Other Energy Sources industry distribution chart, Gujarat Mineral Development ranks #20 out of 134 companies for Debt-to-Equity. This places Gujarat Mineral Development in the top 15% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.33. Gujarat Mineral Development's value of 0.05 is 84.6% below this benchmark. Historically, Gujarat Mineral Development's own Debt-to-Equity has ranged from 0.02 to 0.05 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 0.33, Gujarat Mineral Development has consistently been below 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 Debt-to-Equity for an Other Energy Sources company?
The median Debt-to-Equity among Other Energy Sources companies is 0.33, based on 134 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gujarat Mineral Development's current Debt-to-Equity of 0.05 is 84.6% 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Gujarat Mineral Development and its competitors. For the Other Energy Sources industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Mineral Development's current Debt-to-Equity is 0.05, which is 67% above median its own 10-year median of 0.03. 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 ₹371.18, compared to a current price of ₹583.55 — trading 57.2% above its estimated fair value. The current Debt-to-Equity is 0.05, which is 67% above median its 10-year median of 0.03 and 84.6% below the Other Energy Sources industry median of 0.33. Gujarat Mineral Development's overall GF Score™ is 69/100 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Gujarat Mineral Development (NSE:GMDCLTD), the current Debt-to-Equity is 0.05 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 ₹583.55 is trading 57.2% above its estimated GF Value™ of ₹371.18.
GuruFocus considers Gujarat Mineral Development to be Significantly Overvalued.
Key valuation signals for NSE:GMDCLTD:
Debt-to-Equity: 0.05 (67% above median its 10-year median of 0.03)
GF Value™: ₹371.18 vs. price of ₹583.55 (57.2% above fair value)
Industry Position: 84.6% below the Other Energy Sources median (#20 of 134)
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.
69GF Score
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