Gujarat Mineral Development (NSE:GMDCLTD) Gross Margin %: 36.91% (As of Mar. 2026) — Near Median


NSE:GMDCLTD Gujarat Mineral Development Corp Ltd NSE:GMDCLTD
64 GF Score
Price ₹597.00
GF Value ₹372.56
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Gujarat Mineral Development Gross Margin %?

Gujarat Mineral Development NSE:GMDCLTD -0.73% 64 Gross Margin % is 36.91% as of Mar. 2026, which is 1% below its 10-year median of 37.14. 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 124 Other Energy Sources companies, Gujarat Mineral Development ranks better than 89.52% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Gujarat Mineral Development's Gross Profit for the three months ended in Mar. 2026 was ₹3,005 Mil. Gujarat Mineral Development's Revenue for the three months ended in Mar. 2026 was ₹8,141 Mil. Therefore, Gujarat Mineral Development's Gross Margin % for the quarter that ended in Mar. 2026 was 36.91%.


The historical rank and industry rank for Gujarat Mineral Development's Gross Margin % or its related term are showing as below:

NSE:GMDCLTD' s Gross Margin % Range Over the Past 10 Years
Min: 17.38   Med: 37.14   Max: 47.23
Current: 40.84


During the past 13 years, the highest Gross Margin % of Gujarat Mineral Development was 47.23%. The lowest was 17.38%. And the median was 37.14%.

NSE:GMDCLTD's Gross Margin % is ranked better than
89.52% of 124 companies
in the Other Energy Sources industry
Industry Median: 18.775 vs NSE:GMDCLTD: 40.84

Gujarat Mineral Development had a gross margin of 36.91% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Gujarat Mineral Development was 12.70% per year.


Gujarat Mineral Development  (NSE:GMDCLTD) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Gujarat Mineral Development had a gross margin of 36.91% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Gujarat Mineral Development Gross Margin % Related Terms


Gujarat Mineral Development Gross Margin % Historical Data

* Premium members only.

The historical data trend for Gujarat Mineral Development's Gross Margin % 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 Gross Margin % Chart

Gujarat Mineral Development Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.76 47.23 37.85 36.45 40.84

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
Gross Margin % 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 31.24 38.40 46.17 44.60 36.91

Gujarat Mineral Development Gross Margin % Competitor Comparison

For the Thermal Coal subindustry, Gujarat Mineral Development's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Gujarat Mineral Development's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Gujarat Mineral Development's Gross Margin % falls into.


NSE:GMDCLTD
64GF Score
Gujarat Mineral Development Corp Ltd NSE:GMDCLTD
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gujarat Mineral Development Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Gujarat Mineral Development's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=10837.3 / 26533.8
=(Revenue - Cost of Goods Sold) / Revenue
=(26533.8 - 15696.5) / 26533.8
=40.84 %

Gujarat Mineral Development's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=3004.9 / 8140.5
=(Revenue - Cost of Goods Sold) / Revenue
=(8140.5 - 5135.6) / 8140.5
=36.91 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 36.91% mean?
Gujarat Mineral Development (NSE:GMDCLTD) has a Gross Margin % of 36.91% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Gujarat Mineral Development and its competitors. This is near median its historical median of 37.14. Over the past decade, Gujarat Mineral Development's Gross Margin % has ranged from 17.38 to 47.23. According to the industry distribution chart, Gujarat Mineral Development ranks #13 out of 124 companies in the Other Energy Sources industry, placing it in the top 10.5%.
Is Gujarat Mineral Development's Gross Margin % too high?
Gujarat Mineral Development's current Gross Margin % of 36.91% is near median its 10-year median of 37.14. Over the past 10 years, this metric has ranged from a low of 17.38 to a high of 47.23. The Other Energy Sources industry median Gross Margin % is 18.78. Gujarat Mineral Development's value of 36.91% is 96.6% above this industry median. Based on the distribution chart, Gujarat Mineral Development ranks #13 out of 124 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 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Mineral Development's Gross Margin % compare to competitors?
According to the Other Energy Sources industry distribution chart, Gujarat Mineral Development ranks #13 out of 124 companies for Gross Margin %. This places Gujarat Mineral Development in the top 11% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 18.78. Gujarat Mineral Development's value of 36.91% is 96.6% above this benchmark. Historically, Gujarat Mineral Development's own Gross Margin % has ranged from 17.38 to 47.23 over the past decade. While the company's 10-year median is 37.14 vs. the industry median of 18.78, 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 Gross Margin % for an Other Energy Sources company?
The median Gross Margin % among Other Energy Sources companies is 18.78, based on 124 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gujarat Mineral Development's current Gross Margin % of 36.91% is 96.6% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Gujarat Mineral Development and its competitors. For the Other Energy Sources industry, the median Gross Margin % is 18.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Mineral Development's current Gross Margin % is 36.91%, which is near median its own 10-year median of 37.14. 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 Gross Margin % is 36.91%, which is near median its 10-year median of 37.14 and 96.6% above the Other Energy Sources industry median of 18.78. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Gujarat Mineral Development (NSE:GMDCLTD), the current Gross Margin % is 36.91% 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:

  • Gross Margin %: 36.91% (near median its 10-year median of 37.14)
  • GF Value™: ₹372.56 vs. price of ₹597.00 (60.2% above fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 96.6% above the Other Energy Sources median (#13 of 124)

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.
64GF Score

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

₹597.00
Price
₹372.56
GF Value