Gujarat Mineral Development (NSE:GMDCLTD) Net Cash per Share: ₹3.63 (As of Mar. 2026) — 98% Below Median


NSE:GMDCLTD Gujarat Mineral Development Corp Ltd NSE:GMDCLTD
63 GF Score
Price ₹603.10
GF Value ₹371.41
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Gujarat Mineral Development Net Cash per Share?

Gujarat Mineral Development NSE:GMDCLTD -0.94% 63 Net Cash per Share is ₹3.63 as of Mar. 2026, which is 100% below its 10-year median of 155.85. GuruFocus rates NSE:GMDCLTD with a GF Score™ of 63/100 and a GF Value™ of ₹371.41 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 54 Other Energy Sources companies, Gujarat Mineral Development ranks worse than 98.15% on this metric.

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Gujarat Mineral Development's Net Cash per Share for the quarter that ended in Mar. 2026 was ₹3.63.

The historical rank and industry rank for Gujarat Mineral Development's Net Cash per Share or its related term are showing as below:

NSE:GMDCLTD' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 155.85   Med: 155.85   Max: 166.13
Current: 166.13

During the past 13 years, the highest Price-to-Net-Cash Ratio of Gujarat Mineral Development was 166.13. The lowest was 155.85. And the median was 155.85.

NSE:GMDCLTD's Price-to-Net-Cash is ranked worse than
98.15% of 54 companies
in the Other Energy Sources industry
Industry Median: 7.435 vs NSE:GMDCLTD: 166.13

Gujarat Mineral Development  (NSE:GMDCLTD) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Gujarat Mineral Development Net Cash per Share Related Terms


Gujarat Mineral Development Net Cash per Share Historical Data

* Premium members only.

The historical data trend for Gujarat Mineral Development's Net Cash per Share 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 Net Cash per Share Chart

Gujarat Mineral Development Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -31.04 -33.46 -37.12 -37.46 3.63

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
Net Cash per Share 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 -37.46 0.00 18.17 0.00 3.63

Gujarat Mineral Development Net Cash per Share Competitor Comparison

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

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

* The bar in red indicates where Gujarat Mineral Development's Price-to-Net-Cash falls into.


NSE:GMDCLTD
63GF Score
Gujarat Mineral Development Corp Ltd NSE:GMDCLTD
Net Cash per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gujarat Mineral Development Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Gujarat Mineral Development's Net Cash per Share for the fiscal year that ended in Mar. 2026 is calculated as

Net Cash per Share (A: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(20257.1-19102.4-0)/318.000
=3.63

Gujarat Mineral Development's Net Cash per Share for the quarter that ended in Mar. 2026 is calculated as

Net Cash per Share (Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(20257.1-19102.4-0)/318.000
=3.63

* 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 Net Cash per Share →
What does a Net Cash per Share of ₹3.63 mean?
Gujarat Mineral Development (NSE:GMDCLTD) has a Net Cash per Share of ₹3.63 as of Mar. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Gujarat Mineral Development and its competitors. This is 98% below median its historical median of 155.85. Over the past decade, Gujarat Mineral Development's Net Cash per Share has ranged from 155.85 to 166.13. According to the industry distribution chart, Gujarat Mineral Development ranks #53 out of 54 companies in the Other Energy Sources industry, placing it in the top 98.1%.
Is Gujarat Mineral Development's Net Cash per Share too high?
Gujarat Mineral Development's current Net Cash per Share of ₹3.63 is 98% below median its 10-year median of 155.85. Over the past 10 years, this metric has ranged from a low of 155.85 to a high of 166.13. Based on the distribution chart, Gujarat Mineral Development ranks #53 out of 54 companies in the Other Energy Sources industry, which is in the bottom quartile 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 Net Cash per Share compare to competitors?
According to the Other Energy Sources industry distribution chart, Gujarat Mineral Development ranks #53 out of 54 companies for Net Cash per Share. This places Gujarat Mineral Development in the lower half of its industry. The industry median Net Cash per Share is 7.44. Historically, Gujarat Mineral Development's own Net Cash per Share has ranged from 155.85 to 166.13 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for an Other Energy Sources company?
The median Net Cash per Share among Other Energy Sources companies is 7.44, based on 54 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Gujarat Mineral Development and its competitors. For the Other Energy Sources industry, the median Net Cash per Share is 7.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Mineral Development's current Net Cash per Share is ₹3.63, which is 98% below median its own 10-year median of 155.85. 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 ₹371.41, compared to a current price of ₹603.10 — trading 62.4% above its estimated fair value. The current Net Cash per Share is ₹3.63, which is 98% below median its 10-year median of 155.85. 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 Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Gujarat Mineral Development (NSE:GMDCLTD), the current Net Cash per Share is ₹3.63 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 ₹603.10 is trading 62.4% above its estimated GF Value™ of ₹371.41. GuruFocus considers Gujarat Mineral Development to be Significantly Overvalued.

Key valuation signals for NSE:GMDCLTD:

  • Net Cash per Share: ₹3.63 (98% below median its 10-year median of 155.85)
  • GF Value™: ₹371.41 vs. price of ₹603.10 (62.4% above fair value)
  • GF Score™: 63/100 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.
63GF Score

Get the complete analysis for NSE:GMDCLTD

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

₹603.10
Price
₹371.41
GF Value