Gujarat Mineral DevelopmentNSE:GMDCLTD -0.73%64 Interest Coverage is 10.32 as of Mar. 2026, which is 96% below its 10-year median of 232.68. 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 112 Other Energy Sources companies, Gujarat Mineral Development ranks better than 66.96% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Gujarat Mineral Development's
Operating Income
for the
three
months ended in Mar. 2026 was ₹554 Mil. Gujarat Mineral Development's Interest Expense for the
three
months ended in Mar. 2026 was ₹-54 Mil.
Gujarat Mineral Development's interest coverage for the quarter that ended in Mar. 2026 was 10.32.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Gujarat Mineral Development's Interest Coverage or its related term are showing as below:
NSE:GMDCLTD'
s Interest Coverage Range Over the Past 10 Years
Min: 19.34 Med: 232.68 Max: 528.63
Current: 46.68
NSE:GMDCLTD's Interest Coverage is ranked better than 66.96% of 112
companies
in the Other Energy Sources industry
Industry Median: 10.27
vs NSE:GMDCLTD: 46.68
Gujarat Mineral Development (NSE:GMDCLTD) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Gujarat Mineral Development Interest Coverage Related Terms
Gujarat Mineral Development Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Gujarat Mineral Development Interest Coverage Chart
Gujarat Mineral Development Interest Coverage Competitor Comparison
For the Thermal Coal subindustry, Gujarat Mineral Development's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Gujarat Mineral Development's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Gujarat Mineral Development's Interest Coverage falls into.
Gujarat Mineral Development Interest Coverage Calculation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 Interest Coverage of 10.32 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Gujarat Mineral Development and its competitors. This is 96% below median its historical median of 232.68. Over the past decade, Gujarat Mineral Development's Interest Coverage has ranged from 19.34 to 528.63. According to the industry distribution chart, Gujarat Mineral Development ranks #37 out of 112 companies in the Other Energy Sources industry, placing it in the top 33%.
Is Gujarat Mineral Development's Interest Coverage too high?
Gujarat Mineral Development's current Interest Coverage of 10.32 is 96% below median its 10-year median of 232.68. Over the past 10 years, this metric has ranged from a low of 19.34 to a high of 528.63. The Other Energy Sources industry median Interest Coverage is 10.27. Gujarat Mineral Development's value of 10.32 is 0.5% above this industry median. Based on the distribution chart, Gujarat Mineral Development ranks #37 out of 112 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 Interest Coverage compare to competitors?
According to the Other Energy Sources industry distribution chart, Gujarat Mineral Development ranks #37 out of 112 companies for Interest Coverage. This puts Gujarat Mineral Development in the upper half of its industry. The industry median Interest Coverage is 10.27. Gujarat Mineral Development's value of 10.32 is 0.5% above this benchmark. Historically, Gujarat Mineral Development's own Interest Coverage has ranged from 19.34 to 528.63 over the past decade. While the company's 10-year median is 232.68 vs. the industry median of 10.27, 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 Interest Coverage for an Other Energy Sources company?
The median Interest Coverage among Other Energy Sources companies is 10.27, based on 112 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gujarat Mineral Development's current Interest Coverage of 10.32 is 0.5% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Gujarat Mineral Development and its competitors. For the Other Energy Sources industry, the median Interest Coverage is 10.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Mineral Development's current Interest Coverage is 10.32, which is 96% below median its own 10-year median of 232.68. 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 Interest Coverage is 10.32, which is 96% below median its 10-year median of 232.68 and 0.5% above the Other Energy Sources industry median of 10.27. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Gujarat Mineral Development (NSE:GMDCLTD), the current Interest Coverage is 10.32 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:
Interest Coverage: 10.32 (96% below median its 10-year median of 232.68)
GF Value™: ₹372.56 vs. price of ₹597.00 (60.2% above fair value)
Industry Position: 0.5% above the Other Energy Sources median (#37 of 112)
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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