Gujarat Mineral Development Corporation Ltd.
GMDCLTDCommodities filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
6 transcript(s)/analyst meet(s) served; 4 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 6 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20220502 | 2022-03-31 | yes | |
| ANALYST_MEET | 20220822 | 2022-06-30 | yes | |
| ANALYST_MEET | 20221021 | 2022-09-30 | yes | |
| ANALYST_MEET | 20230221 | 2022-12-31 | yes | |
| ANALYST_MEET | 20240731 | 2024-06-30 | yes | |
| COVER_LETTER | 20240731 | 2024-06-30 | no | |
| DUPLICATE | 20240731 | 2024-06-30 | no | |
| DUPLICATE | 20240802 | 2024-06-30 | no | |
| DUPLICATE | 20240802 | 2024-06-30 | no | |
| TRANSCRIPT | 20250529 | 2025-03-31 | yes |
GMDCLTD
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 542.50 |
| 52-week range | 469.6 – 746.75 |
| Return 1M | -4.38% |
| Return 3M | -7.47% |
| Return 1Y | -10.51% |
| Return 3Y | 102.43% |
| Return 5Y | 692.55% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 907.00 |
| Other income | 76.00 |
| Total income | 983.00 |
| Cost of materials consumed | 0.00 |
| Purchases of stock-in-trade | 0.00 |
| Changes in inventories | 6.00 |
| Employee benefit expense | 42.00 |
| Finance costs | 7.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.74 | 0.00 |
| institutions foreign | 0.04 | -0.00 |
| institutions domestic | 0.01 | -0.00 |
| mutual funds | 0.00 | -0.00 |
| public | 0.26 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| ANALYST_MEET | 2024-06-30 | 4 |
| COVER_LETTER | 2024-06-30 | 1 |
| DUPLICATE | 2024-06-30 | 3 |
| TRANSCRIPT | 2025-03-31 | 2 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 539.00 | 855.00 | 952.00 | 766.00 | 383.00 | 564.00 | 751.00 | 818.00 | 593.00 | 653.00 | 786.00 | 733.00 | 528.00 | 579.00 | 814.00 | 907.00 |
| Other income | 53.00 | 57.00 | 237.00 | 61.00 | 77.00 | 60.00 | 72.00 | 60.00 | 62.00 | 114.00 | 118.00 | 78.00 | 108.00 | 101.00 | 155.00 | 76.00 |
| Total income | 591.00 | 912.00 | 1,189.00 | 827.00 | 460.00 | 625.00 | 823.00 | 878.00 | 655.00 | 768.00 | 904.00 | 810.00 | 636.00 | 680.00 | 969.00 | 983.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 6.00 | -10.00 | 1.00 | -5.00 | 8.00 | -0.00 | 1.00 | 1.00 | 0.00 | 3.00 | 9.00 | -0.00 | -1.00 | -2.00 | -3.00 | 6.00 |
| Employee benefit expense | 35.00 | 36.00 | 48.00 | 38.00 | 37.00 | 38.00 | 36.00 | 38.00 | 40.00 | 38.00 | 35.00 | 37.00 | 76.00 | 45.00 | 32.00 | 42.00 |
| Finance costs | 1.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 1.00 | 1.00 | 1.00 | 5.00 | 7.00 |
| Depreciation and amortisation | 19.00 | 21.00 | 20.00 | 19.00 | 18.00 | 20.00 | 21.00 | 21.00 | 21.00 | 26.00 | 27.00 | 22.00 | 22.00 | 22.00 | 49.00 | 33.00 |
| Other expenses | 326.00 | 494.00 | 503.00 | 486.00 | 286.00 | 406.00 | 509.00 | 567.00 | 412.00 | 520.00 | 549.00 | 526.00 | 383.00 | 435.00 | 680.00 | 668.00 |
| Total expenses | 387.00 | 542.00 | 572.00 | 539.00 | 349.00 | 464.00 | 568.00 | 629.00 | 473.00 | 588.00 | 619.00 | 586.00 | 480.00 | 501.00 | 764.00 | 756.00 |
| Profit before exceptional items and tax | 204.00 | 370.00 | 616.00 | 288.00 | 111.00 | 161.00 | 255.00 | 249.00 | 182.00 | 180.00 | 285.00 | 224.00 | 155.00 | 179.00 | 205.00 | 227.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 474.00 | 0.00 | 30.00 | 0.00 |
| Profit before tax | 204.00 | 370.00 | 616.00 | 288.00 | 111.00 | 161.00 | 255.00 | 249.00 | 182.00 | 180.00 | 285.00 | 224.00 | 630.00 | 179.00 | 235.00 | 227.00 |
| Current tax | 58.00 | 108.00 | 161.00 | 77.00 | 32.00 | 46.00 | 57.00 | 68.00 | 54.00 | 34.00 | 52.00 | 64.00 | 166.00 | 50.00 | -9.00 | 65.00 |
| Deferred tax | -5.00 | -4.00 | 5.00 | -4.00 | 3.00 | -2.00 | -7.00 | -3.00 | -1.00 | -2.00 | 7.00 | -4.00 | -3.00 | -3.00 | 50.00 | -1.00 |
| Tax expense | 53.00 | 104.00 | 165.00 | 72.00 | 35.00 | 44.00 | 50.00 | 65.00 | 53.00 | 32.00 | 59.00 | 61.00 | 164.00 | 46.00 | 41.00 | 64.00 |
| Profit for the period | 151.00 | 266.00 | 452.00 | 219.00 | 75.00 | 117.00 | 207.00 | 184.00 | 128.00 | 148.00 | 226.00 | 164.00 | 466.00 | 133.00 | 194.00 | 163.00 |
| Profit attributable to owners | 0.00 | — | — | 0.00 | — | — | 0.00 | 243.00 | — | — | 0.00 | — | 466.00 | 133.00 | 194.00 | 0.00 |
| Profit attributable to non-controlling interests | 0.00 | — | — | 0.00 | — | — | 0.00 | 0.00 | — | — | 0.00 | — | 0.00 | 0.00 | 0.00 | 0.00 |
| Other comprehensive income | 60.00 | -23.00 | -49.00 | 55.00 | 40.00 | 49.00 | -66.00 | 59.00 | 11.00 | -37.00 | -103.00 | 24.00 | -21.00 | -26.00 | 19.00 | -6.00 |
| Total comprehensive income | 211.00 | 243.00 | 403.00 | 274.00 | 114.00 | 166.00 | 141.00 | 243.00 | 139.00 | 110.00 | 123.00 | 187.00 | 445.00 | 107.00 | 213.00 | 157.00 |
| Earnings per share, basic | 4.76 | 8.37 | 14.22 | 6.88 | 2.35 | 3.67 | 6.51 | 5.79 | 4.02 | 4.64 | 7.12 | 5.15 | 14.65 | 4.18 | 6.10 | 5.14 |
| Earnings per share, diluted | 4.76 | 8.37 | 14.22 | 6.88 | 2.35 | 3.67 | 6.51 | 5.79 | 4.02 | 4.64 | 7.12 | 5.15 | 14.65 | 4.18 | 6.10 | 5.14 |
Annual results, as filed
| Line | 2020-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|
| Revenue from operations | 1,521.00 | 2,732.00 | 3,501.00 | 2,463.00 | 2,851.00 | 2,653.00 |
| Other income | 171.00 | 157.00 | 394.00 | 270.00 | 355.00 | 424.00 |
| Total income | 1,692.00 | 2,889.00 | 3,895.00 | 2,733.00 | 3,206.00 | 3,077.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 2.00 | 6.00 | -10.00 | 3.00 | 13.00 | -6.00 |
| Employee benefit expense | 144.00 | 133.00 | 158.00 | 148.00 | 151.00 | 190.00 |
| Finance costs | 2.00 | 2.00 | 2.00 | 3.00 | 2.00 | 7.00 |
| Depreciation and amortisation | 92.00 | 98.00 | 81.00 | 79.00 | 95.00 | 115.00 |
| Other expenses | 1,192.00 | 1,915.00 | 2,005.00 | 1,686.00 | 2,048.00 | 2,025.00 |
| Total expenses | 1,431.00 | 2,154.00 | 2,237.00 | 1,918.00 | 2,310.00 | 2,331.00 |
| Profit before exceptional items and tax | 260.00 | 735.00 | 1,658.00 | 815.00 | 896.00 | 746.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 523.00 |
| Profit before tax | 260.00 | 735.00 | 1,658.00 | 815.00 | 896.00 | 1,268.00 |
| Current tax | 91.00 | 202.00 | 449.00 | 211.00 | 207.00 | 271.00 |
| Deferred tax | -33.00 | 130.00 | -4.00 | -10.00 | 2.00 | 40.00 |
| Tax expense | 58.00 | 332.00 | 445.00 | 201.00 | 209.00 | 311.00 |
| Profit for the period | 204.00 | 405.00 | 1,216.00 | 617.00 | 686.00 | 957.00 |
| Profit attributable to owners | 0.00 | 0.00 | — | 0.00 | 0.00 | 957.00 |
| Profit attributable to non-controlling interests | 0.00 | 0.00 | — | 0.00 | 0.00 | 0.00 |
| Other comprehensive income | -165.00 | 301.00 | -102.00 | 78.00 | -70.00 | -4.00 |
| Total comprehensive income | 39.00 | 706.00 | 1,113.00 | 695.00 | 616.00 | 952.00 |
| Earnings per share, basic | 6.42 | 12.74 | 38.23 | 19.41 | 21.57 | 30.08 |
| Earnings per share, diluted | 6.42 | 12.74 | 38.23 | 19.41 | 21.57 | 30.08 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 6,275.00 | 6,921.00 | 6,861.00 | 7,367.00 | 7,347.00 | 7,750.00 | 8,269.00 | 8,983.00 |
| Non-current assets | 4,161.00 | 4,902.00 | 4,379.00 | 4,759.00 | 4,860.00 | 5,262.00 | 5,241.00 | 5,750.00 |
| Current assets | 2,113.00 | 2,019.00 | 2,482.00 | 2,607.00 | 2,487.00 | 2,488.00 | 3,027.00 | 3,232.00 |
| Property, plant and equipment | 1,072.00 | 1,051.00 | 1,023.00 | 1,023.00 | 1,071.00 | 1,000.00 | 972.00 | 1,480.00 |
| Capital work-in-progress | 12.00 | 12.00 | 401.00 | 105.00 | 251.00 | 503.00 | 619.00 | 215.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other intangible assets | 317.00 | 315.00 | 311.00 | 443.00 | 436.00 | 519.00 | 513.00 | 499.00 |
| Inventories | 95.00 | 107.00 | 106.00 | 106.00 | 106.00 | 91.00 | 96.00 | 96.00 |
| Trade receivables | 190.00 | 189.00 | 164.00 | 101.00 | 108.00 | 85.00 | 93.00 | 72.00 |
| Cash and cash equivalents | 107.00 | 51.00 | 53.00 | 33.00 | 145.00 | 119.00 | 112.00 | 94.00 |
| Total equity and liabilities | 6,275.00 | 6,921.00 | 6,861.00 | 7,367.00 | 7,347.00 | 7,750.00 | 8,269.00 | 8,983.00 |
| Equity | 5,138.00 | 5,798.00 | 5,819.00 | 6,116.00 | 6,195.00 | 6,412.00 | 6,723.00 | 7,073.00 |
| Equity share capital | 64.00 | 64.00 | 64.00 | 64.00 | 64.00 | 64.00 | 64.00 | 64.00 |
| Other equity | 5,075.00 | 5,735.00 | 5,756.00 | 6,052.00 | 6,131.00 | 6,348.00 | 6,659.00 | 7,009.00 |
| Total liabilities | 1,136.00 | 1,123.00 | 1,041.00 | 1,251.00 | 1,152.00 | 1,339.00 | 1,547.00 | 1,910.00 |
| Non-current liabilities | 778.00 | 629.00 | 595.00 | 700.00 | 735.00 | 811.00 | 962.00 | 1,130.00 |
| Current liabilities | 359.00 | 494.00 | 446.00 | 551.00 | 418.00 | 528.00 | 585.00 | 780.00 |
| Borrowings, non-current | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 117.00 | 251.00 | 279.00 |
| Borrowings, current | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.00 | 25.00 | 29.00 |
| Trade payables | 163.00 | 203.00 | 184.00 | 272.00 | 213.00 | 236.00 | 151.00 | 259.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | 581.00 | 932.00 | 174.00 | 109.00 | 413.00 | 1,059.00 | 257.00 | 744.00 |
| Net cash from investing activities | -407.00 | -786.00 | 192.00 | 238.00 | 3.00 | -808.00 | -93.00 | -613.00 |
| Net cash from financing activities | -134.00 | -137.00 | -364.00 | -365.00 | -304.00 | -183.00 | -170.00 | -154.00 |
| Purchase of property, plant and equipment | 9.00 | 24.00 | 396.00 | 477.00 | 305.00 | 644.00 | 331.00 | 1,034.00 |
| Net increase in cash | 41.00 | 8.00 | 2.00 | -18.00 | 112.00 | 68.00 | -6.00 | -23.00 |
| con:CFO.BEFORE_TAX | 778.00 | 1,711.00 | 295.00 | 526.00 | 469.00 | 862.00 | 302.00 | 1,512.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | -140.00 | 0.00 | -155.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 181.00 | 0.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | -11.00 | 0.00 | -26.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 197.00 | 447.00 | 121.00 | 234.00 | 56.00 | -197.00 | 17.00 | 151.00 |
| con:CF_OTHER.OPERATING | 0.00 | -0.00 | 0.00 | -0.00 | 0.00 | 0.00 | -28.00 | -617.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 0.00 | 0.00 | 2.00 | 0.00 | 0.00 | 9.00 | 0.00 | 2.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 0.74 | 0.74 | 0.74 | 0.74 |
| Domestic institutions | 1.65 | 1.52 | 1.01 | 0.89 | 0.74 | 1.00 | 0.78 | 0.74 | 0.76 | 0.79 | 0.01 | 0.01 | 0.01 | 0.01 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 0.13 | 0.00 | 0.00 | 0.01 | 0.00 |
| Insurance companies | 0.91 | 1.00 | 0.98 | 0.86 | 0.69 | 0.69 | 0.68 | 0.64 | 0.64 | 0.63 | 0.01 | 0.00 | 0.00 | 0.00 |
| Foreign institutions | 3.81 | 3.08 | 1.89 | 1.76 | 1.82 | 1.59 | 1.68 | 1.94 | 2.15 | 2.25 | 0.03 | 0.02 | 0.04 | 0.04 |
| Government | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.00 |
| Public | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 | 0.26 | 0.26 | 0.26 | 0.26 |
| Non-institutional | 20.54 | 21.40 | 23.10 | 23.34 | 23.44 | 23.36 | 23.54 | 23.32 | 23.09 | 22.96 | 0.22 | 0.23 | 0.21 | 0.22 |
| Shares outstanding | 318000000 | 318000000 | 318000000 | 318000000 | 318000000 | 318000000 | 318000000 | 318000000 | 318000000 | 318000000 | 318000000 | 318000000 | 318000000 | 318000000 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| Gujarat Credo Mineral Industries Ltd. | Associate | Any other transaction, Sale of goods or services | 1,604,414,603,500,000.00 | 3 |
| Gujarat Foundation for Entrepreneurial Excellence (GFEE) | Joint Venture | Any other transaction | 558,678,945,900,000.00 | 2 |
| Smt.Anupma Iyer | CFO | Remuneration | 21,328,127,100,000.00 | 2 |
| Shri Roopwant Singh, IAS | Managing Director | Remuneration | 19,182,201,900,000.00 | 2 |
| Shei.Joel Evans | Company Secretary | Remuneration | 16,758,576,700,000.00 | 2 |
| Aikya Chemicals Pvt. Ltd | Associate | Sale of goods or services | 1,938,337,400,000.00 | 2 |
| Smt.Gauri Kumar, IAS (Retd.) | Independent Director | Any other transaction | 275,000,000,000.00 | 2 |
| Shri. S.B.Danagayach | Independent Director | Any other transaction | 275,000,000,000.00 | 2 |
| Shri Nitin Shukla | Independent Director | Any other transaction | 275,000,000,000.00 | 2 |
| Prof. Shailesh Gandhi | Independent Director | Any other transaction | 275,000,000,000.00 | 2 |
| Shri S.J.Haider, IAS | Director | Any other transaction | 200,000,000,000.00 | 2 |
| Ms.Arti Kanwar, IAS | Director | Any other transaction | 200,000,000,000.00 | 2 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2024-08-02 | Q1FY25 | Read the call | |
| 2023-02-21 | Q3FY23 | Read the call | |
| 2022-10-21 | Q2FY23 | Read the call | |
| 2022-08-22 | Q1FY23 | Read the call | |
| 2022-05-02 | Q4FY22 | RK. Das:, Roopwant Singh:, go ahead. | Read the call |
Some earlier announcements under this heading are covering letters only — no transcript was attached.
What they said about it, quarter by quarter
| Topic | Q1FY23 | Q1FY25 | Q2FY23 | Q3FY23 | Q4FY22 |
|---|---|---|---|---|---|
| Capex | So are you seeing significant shift from there in terms of kCal cost for the gas and coal, are you seeing that it is becoming more viable for the cust… | What kind of capex are we planning for this year, sir? | So if we have to look at better performance, it needs a major overhaul, a significant Capex and a change in the way the electricity regulator deals wi… | 300 crore CapEx pass through for the thermal power plant which has been underperforming. | — |
| Capital allocation | Regarding this RE, again on this topic, so, is there any chance that central government will take part in the business or takeover business in future … | Would you look at divesting some of these assets across holdings. | Approximately slightly in excess of Rs.600 crores, which will primarily be used for land acquisition and two lignite beneficiation plants com- ing yea… | 1500 crores goes towards land acquisition, one towards the Tarkeshwar asset two towards Bhavnagar asset where we are planning expansion and the resolu… | 90 paisa per minute since I am not calculating it correctly so it is not reflecting because variable cost is hardly Rs.50-48 crore in this plant and t… |
| Debt and cash | — | And then the rare earths and the multi metal is more of an optionality because as you mentioned, it's a 3-year project, and cash flows will probably s… | — | So how do we see our cash flow mismatch so we actually tend to continue with it or we have visionary. | Followed in your cash flows also like if you look the adjustment for trade and other receivable if you look at the cash flow so there is last year it … |
| Demand | The Gujarat demand for solid fuel stands at around approximately 26 million tonnes. | — | So, do you think that there is a demand is- sue as well that the Surat cluster is facing or otherwise why there would be very sharp decline in Surat c… | So the risk I thought of making your team aware was that there could be a regulatory notice and probably the demand might get affected in terms of shi… | Yes of course there was certain deadlock and however we are able to sale our cream grade bauxite that is called plant grade bauxite and we are unable … |
| Guidance | Any volume and value proposition for these impact on top line and bottom line for this year and next year, if you can guide something? | And the second one is potentially when can we expect the commencement of production from multi metal or Rare Earth? | The first one is, is with respect to the production stroke sales guidance now given that Q2 was a little bit subdued quarter because of heavy rainfall… | So when do we expect any Results out of the auctions. | Can we expect this in FY23 the commercial production? |
| Margin | I just wanted to understand more on your EBITDA per ton. | So would it be safe to assume that the current financial year, FY '25, we would be able to probably do a repeat of volumes of, say, FY '23, with an op… | Ma'am, I think what we have quoted was the margin. | — | So I will ask two questions first is you know so in Q4 actually we have achieved is it EBITDA per ton of around 1,600 per ton as per the data given in… |
| People | I think it is a long journey for us, but, we are also looking for hiring some professional person who have an understanding of these minerals, which w… | — | — | — | — |
| Pricing | The pricing for the fuel there is regulated by a government formula, which is very conservative. | So when you assume internal growth plans and in terms of volume, what's the safe number or a range that you are looking at in terms of lignite pricing… | So that is why we have not taken a price rise in this financial year, but at the same time what we have done is we have focused on better targeting th… | So there was a realization of 15-16 hundred that we were getting and there was no price increase controller for FY23. So that realization continues or… | And for lignite pricing how whether you will sustain it or not and market is full-fledged and again the Mr. Das will answer this question. |
| Revenue growth | The reserve is pertaining to lithium or cerium or what is the timeline if possible for top line or the bottom line on this? | And by 2030, I have already shared, we have 4x revenue growth plans. | So, that is our vision in five to seven years from now, we would be significantly larger lignite plate and we would have a bouquet of other minerals a… | So my question is that when do you see the company's going to a Billion dollar kind of top line. | — |