More about Gujarat Mineral Development Corporation Limited
Fundamentals for Gujarat Mineral Development Corporation Limited
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Fundamentals for Gujarat Mineral Development Corporation Limited
*GMDCLTD makes the list of companies with the worst fundamentals at present.
Business Operations:
Sector: EnergyIndustry: Thermal Coal
Gujarat Mineral Development Corporation Limited engages in mining and mineral processing business in India. It operates through two segments, Mining and Power. The company explores for lignite, bauxite, fluorspar, manganese, silica sand, limestone, bentonite, and ball clay. The company's products used in the textile, chemical, calcium silicate brick, captive power, hydrofluoric acid, water purifying, glass, ceramic whiteware, sanitary ware, oil and water well drilling, clinker and cement, aluminum, iron, steel, gasoline, insulating foam, refrigerant, uranium fuel, sport field and gold course, water filtration, metal casting, paint and coating, construction and engineering, and industrial abrasive industries, as well as cupola units, Bauxite value addition plants, and foundries. Its products are also used in the electricity and synthetic natural gas generation, agriculture, mining and refining, transportation, hydrofluoric acid, refrigerant gas, flux in metallurgical, tableware, quick and hydrated lime, limestone tile and slab, wall cladding, vanity top, and synthetic foundry moulding catalyst sectors. The company also generates power using thermal, wind, and solar resources. Gujarat Mineral Development Corporation Limited was incorporated in 1963 and is based in Ahmedabad, India.
Revenue projections:
GMDCLTD's revenue projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 32.183407 |
| debtToEquity | 4.139000 |
| earningsGrowth | -0.099000 |
| revenueGrowth | -0.114000 |
| grossMargins | 0.832040 |
| operatingMargins | 0.135940 |
| trailingEps | 31.070000 |
| forwardEps | 22.900000 |
GMDCLTD's low earnings and revenue growth suggest that its profits could shrink. This points to a potential downturn in the company's financial outlook and may indicate challenges in maintaining profitability.
Gujarat Mineral Development Corporation Limited's negative gross and operating margins indicate that the company is not generating profit from either production or day-to-day operations. This could suggest cost overruns or declining revenue, impacting its financial stability.
GMDCLTD's forward EPS being lower than its trailing EPS suggests the company is expected to face declining profits. This points to a less favorable financial outlook for the coming year.
Price projections:
GMDCLTD's price has risen above the higher end of expected projections, demonstrating impressive growth. Nevertheless, the lack of room for additional increases may indicate that the stock is entering a consolidation phase, which could limit short-term upside potential.
Recommendation changes over time:
With analysts showing a sell bias toward GMDCLTD, it's crucial for investors to approach decisions carefully. It's recommended to consult a broader base of market indicators rather than relying solely on the analysts' bias, as this will offer a more comprehensive view of the stock's prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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