Adani Enterprises vs GMDCLTD: share price, P/E, ROE and financials compared
Adani Enterprises
Gujarat Mineral Development Corporation
Adani Enterprises and GMDCLTD at a glance
Adani Enterprises and GMDCLTD are both listed in Metals & Mining. Adani Enterprises is the larger by market cap, at ₹3.7L Cr against ₹14,746 Cr for GMDCLTD (25.2 times as large). On valuation, GMDCLTD has the lower price-to-book (2.08× against 3.79×). On returns and margins, GMDCLTD has the higher operating margin (14.0% against 8.2%). Over three years, Adani Enterprises has faster 3-year sales growth (−7.7% against −8.8% a year). GMDCLTD carries less debt for its equity, with a debt-to-equity of 0.05× against 1.14×.
Key metrics, side by side
| Metric | Adani EnterprisesADANIENT | GMDCLTDGMDCLTD |
|---|---|---|
| Price (₹) | 2,745.80 | 463.70 |
| Market cap (₹ Cr) | 3,71,705 | 14,746 |
| P/E | 58.5× | 22.3× |
| P/B | 3.79× | 2.08× (the lower figure, shaded) |
| Dividend yield, trailing | 0.05% | 2.05% (the higher figure, shaded) |
| ROE | 6.4% | 9.6% |
| ROCE | 9.8% | 15.5% |
| Operating margin (OPM) | 8.2% | 14.0% (the higher figure, shaded) |
| Net margin (NPM) | 4.3% | 20.6% |
| Sales CAGR 3Y | −7.7% (the higher figure, shaded) | −8.8% |
| Profit CAGR 3Y | +55.9% | −7.4% |
| Debt to equity | 1.14× | 0.05× (the lower figure, shaded) |
| Interest cover | 3.1× | 178.6× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | 5,738 | 661 |
| 1Y return | +13.0% (the higher figure, shaded) | −20.2% |
| Promoter holding | 71.97% | 74.00% |
Adani Enterprises vs GMDCLTD: common questions
Which is bigger, Adani Enterprises or GMDCLTD?
By market cap, Adani Enterprises is bigger at ₹3.7L Cr, against ₹14,746 Cr for GMDCLTD (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹5,738 Cr for Adani Enterprises and ₹661 Cr for GMDCLTD.
Which has a lower P/E ratio, Adani Enterprises or GMDCLTD?
Adani Enterprises trades at a P/E of 58.5× and GMDCLTD at 22.3×. GMDCLTD’s P/E isn’t ranked because its profit includes a one-off gain. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Adani Enterprises or GMDCLTD?
Adani Enterprises reports a return on equity of 6.4% and GMDCLTD 9.6%. GMDCLTD’s ROE isn’t ranked because its profit includes a one-off gain. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Adani Enterprises or GMDCLTD?
Over the last three years: Sales grew −7.7% a year at Adani Enterprises and −8.8% at GMDCLTD, so Adani Enterprises grew sales faster; profit grew +55.9% a year at Adani Enterprises and −7.4% at GMDCLTD. Past growth doesn’t predict future growth.