Gujarat Mineral Development (NSE:GMDCLTD) EBIT: ₹12,841 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:GMDCLTD Gujarat Mineral Development Corp Ltd NSE:GMDCLTD
68 GF Score
Price ₹582.80
GF Value ₹414.78
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Gujarat Mineral Development EBIT?

Gujarat Mineral Development NSE:GMDCLTD -2.34% 68 EBIT is ₹12,841 Mil as of Jun. 2026. GuruFocus rates NSE:GMDCLTD with a GF Score™ of 68/100 and a GF Value™ of ₹414.78 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Gujarat Mineral Development's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was ₹2,339 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹12,841 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gujarat Mineral Development's annualized ROC % for the quarter that ended in Jun. 2026 was 6.76%. Gujarat Mineral Development's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 43.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Gujarat Mineral Development's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 7.64%.


Gujarat Mineral Development  (NSE:GMDCLTD) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Gujarat Mineral Development's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=6308.4 * ( 1 - 28.27% )/( (66985.4 + 0)/ 1 )
=4525.01532/66985.4
=6.76 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=89829.8 - 2587.3 - ( 20257.1 - max(0, 7799.4 - 32330.8+20257.1))
=66985.4

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Gujarat Mineral Development's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=9354.4/( ( (17025.1 + max(4531.5, 0)) + (0 + max(0, 0)) )/ 1 )
=9354.4/( ( 21556.6 + 0 )/ 1 )
=9354.4/21556.6
=43.39 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(716.6 + 961.4 + 10351.1) - (2587.3 + 0 + 4910.3)
=4531.5

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Gujarat Mineral Development's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=12840.9/168111.100
=7.64 %

* 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 EBIT Related Terms


Gujarat Mineral Development EBIT Historical Data

* Premium members only.

The historical data trend for Gujarat Mineral Development's EBIT 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 EBIT Chart

Gujarat Mineral Development Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,794.58 16,490.80 8,007.10 8,908.90 12,748.80

Gujarat Mineral Development Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EBIT 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 2,249.40 6,302.70 1,799.40 2,400.20 2,338.60

Gujarat Mineral Development EBIT Competitor Comparison

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

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

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


NSE:GMDCLTD
68GF Score
Gujarat Mineral Development Corp Ltd NSE:GMDCLTD
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gujarat Mineral Development EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹12,841 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₹12,841 Mil mean?
Gujarat Mineral Development (NSE:GMDCLTD) has a EBIT of ₹12,841 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Gujarat Mineral Development.
Is Gujarat Mineral Development's EBIT too high?
Gujarat Mineral Development's current EBIT is ₹12,841 Mil. Overall, Gujarat Mineral Development has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Mineral Development's EBIT compare to competitors?
Gujarat Mineral Development's EBIT of ₹12,841 Mil can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Other Energy Sources company?
A good EBIT depends on the Other Energy Sources industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Gujarat Mineral Development. Gujarat Mineral Development's current EBIT is ₹12,841 Mil. 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 ₹414.78, compared to a current price of ₹582.80 — trading 40.5% above its estimated fair value. The current EBIT is ₹12,841 Mil. Gujarat Mineral Development's overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Gujarat Mineral Development (NSE:GMDCLTD), the current EBIT is ₹12,841 Mil as of Jun. 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 ₹582.80 is trading 40.5% above its estimated GF Value™ of ₹414.78. GuruFocus considers Gujarat Mineral Development to be Significantly Overvalued.

Key valuation signals for NSE:GMDCLTD:

  • EBIT: ₹12,841 Mil
  • GF Value™: ₹414.78 vs. price of ₹582.80 (40.5% above fair value)
  • GF Score™: 68/100 with 2 warning signs

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.
68GF Score

Get the complete analysis for NSE:GMDCLTD

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

₹582.80
Price
₹414.78
GF Value