GMDC Pays Rs 223.55 Crore Dividend to Gujarat Government
GMDCLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.7 pts less than Nifty Smallcap 250 and 0.3 pts more than its Industrial Minerals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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GMDC paid Rs 223.55 crore dividend to the Gujarat Government for FY26. Final dividend of Rs 9.50 per share (475 percent) means total payout of Rs 302.10 crore to all shareholders. Gujarat Government owns 74 percent. FY26 standalone PAT rose to Rs 990.81 crore from Rs 687.92 crore in FY25, aided by a one-time Rs 522.65 crore gain from GST input tax credit on lignite. Total payout works out to about 30 percent of PAT.
Positive for shareholders; final dividend of Rs 9.50 per share reflects strong FY26 earnings. 30 percent payout ratio signals continued returns.