Gujarat Mineral Development Corporation Limited (NSE:GMDCLTD)
India · Delayed Price · Currency is INR 652.95
+0.75 (0.12%)
May 22, 2026, 3:30 PM IST
Gujarat Mineral Development Corporation Earnings Call Transcripts
Fiscal Year 2025
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Lignite and coal mine expansions are set to drive 10%-15% annual growth, with major new projects like Baitarani West and Ambanji Copper expected to contribute significantly by 2027-2028. CapEx of INR 13,000 crore is planned through 2030, with no major delays to long-term revenue targets.
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A multi-year transformation plan targets quadrupling revenue by 2030, with major CapEx in lignite, coal, and critical minerals. Lignite margins remain above 30%, and coal production from Odisha is set to begin in FY2026. Power assets are being overhauled for profitability.