Gujarat Mineral Development Corporation Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Revenue declinedProfit growth above 25%Exceptional itemEmphasis of matterResults View source PDF Explain this filing

GMDCLTD · price

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Price reactionminutes from the announcement price · days from the prior close

-1.6%Reaction day

₹664.50

prior close

₹658.70

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)-0.4%-1.2% vs market

Industrial Minerals peers, median of 13sector-1.8%+0.2% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Smallcap 250 and 0.2 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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.6

10m

-2.7

15m

-3.3

30m

-1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.6-0.4-1.2-1.8+0.2

Next day

-4.3-1.9-2.4-3.9-0.4

-3.5-0.7-2.7-4.4+0.9

-3.6-0.7-2.9-2.4-1.2

-2.0+0.0-2.1-2.8+0.7

-1.7-0.1-1.7-2.1+0.3

+4.6+1.3+3.2-1.6+6.1

15d

-8.5-0.2-8.3-3.1-5.4

-8.5+3.0-11.5+0.5-9.0

-10.4+7.8-18.2-5.8-4.5

-13.3+9.1-22.4-7.4-5.9

UpDownMarket · Nifty Smallcap 250Sector · Industrial Minerals peers, median of 13Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

GMDC reported standalone revenue from operations of ₹2,653.38 crore for FY 2025-26, declining 7% from ₹2,850.84 crore in the previous year. However, Profit After Tax surged 45% to ₹990.81 crore from ₹681.92 crore, driven by exceptional items totaling ₹522.65 crore. These exceptional items include recognition of GST Input Tax Credit asset of ₹492.63 crore following changes in lignite GST rates, plus restoration of earlier written-off ITC worth ₹30.02 crore. The Board recommended a dividend of ₹9.50 per share (475%) subject to shareholder approval. Auditors issued an unmodified opinion with emphasis of matter on the exceptional GST ITC items.

Likely market impact

The revenue decline may concern investors, but strong PAT growth driven by one-time GST ITC benefits boosts profitability metrics. The substantial dividend signals confidence, though the exceptional items inflate current year profits and may not repeat.