GMDC vs Sarda Energy vs Jindal SAW: Which Stock Should You Track
- October 8, 2026
- Posted by: Ankit Jaiswal
- Category: Market
Gujarat Mineral Development Corporation PE 18.52, mkt cap Rs 17,706 crore. Sarda Energy and Minerals PE 15.49, mkt cap Rs 17,829 crore. Jindal SAW PE 30.52, mkt cap Rs 18,328 crore.
Quick Answer
Gujarat Mineral Development Corporation vs Sarda Energy and Minerals vs Jindal SAW is a side-by-side comparison of three companies from the Mining and Specialty Steel space. On this comparison, Gujarat Mineral Development Corporation carries a market capitalisation of about Rs 17,706 crore against Rs 17,829 crore for Sarda Energy and Minerals and Rs 18,328 crore for Jindal SAW, with return on equity of 7.95%, 15.00% and 7.74% respectively. Each company’s numbers are presented here without a declared better pick, since the right stock depends on an investor’s own criteria.
Gujarat Mineral Development Corporation vs Sarda Energy and Minerals vs Jindal SAW starts with the core numbers most investors compare within the Mining and Specialty Steel segment: market capitalisation, valuation multiples, profitability and dividend yield. Figures below are sourced as of October 2026 and will shift with daily price moves.
All three names sit in the Mining and Specialty Steel bucket, which makes them a natural set to place side by side rather than a random trio of unrelated businesses.
Click Here – Get Free Investment Predictions
Gujarat Mineral Development Corporation, Sarda Energy and Minerals and Jindal SAW: Company Overview
Gujarat Mineral Development Corporation is a listed Indian company in the Mining and Specialty Steel space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Sarda Energy and Minerals is a listed Indian company in the Mining and Specialty Steel space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Jindal SAW is a listed Indian company in the Mining and Specialty Steel space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Gujarat Mineral Development Corporation vs Sarda Energy and Minerals vs Jindal SAW: Valuation and Profitability Snapshot
| Metric | Gujarat Mineral Development Corporation | Sarda Energy and Minerals | Jindal SAW |
|---|---|---|---|
| Market Cap (approx.) | Rs 17,706 crore | Rs 17,829 crore | Rs 18,328 crore |
| PE Ratio (TTM) | 18.52 | 15.49 | 30.52 |
| PB Ratio | 2.50 | 2.42 | 1.46 |
| Return on Equity (ROE) | 7.95% | 15.00% | 7.74% |
| EPS (TTM, Rs) | 30.07 | 32.66 | 9.39 |
| Dividend Yield | 1.71% | 0.40% | 0.70% |
| Debt to Equity | 0.04 | 0.36 | 0.37 |
| Book Value per Share (Rs) | 222.41 | 209.15 | 196.62 |
Check the Univest Screener for Live Data
On valuation, Gujarat Mineral Development Corporation trades at a PE of 18.52 and a PB of 2.50, Sarda Energy and Minerals at a PE of 15.49 and a PB of 2.42, while Jindal SAW trades at a PE of 30.52 and a PB of 1.46. On return on equity, the three post 7.95%, 15.00% and 7.74% respectively, and on dividend yield they stand at 1.71%, 0.40% and 0.70%.
Gujarat Mineral Development Corporation vs Sarda Energy and Minerals vs Jindal SAW: Latest Quarterly Results
| Company | Latest Quarter Revenue | Latest Quarter Net Profit | YoY Change (Revenue) | QoQ Change (Revenue) |
|---|---|---|---|---|
| Gujarat Mineral Development Corporation | Rs 982.79 crore | Rs 163.43 crore | +21.3% | +1.4% |
| Sarda Energy and Minerals | Rs 1,716.53 crore | Rs 462.81 crore | +0.2% | +36.4% |
| Jindal SAW | Rs 4,475.98 crore | Rs 90.79 crore | +9.1% | -3.9% |
Quarterly figures above are the most recent reported quarter for each company (Q1 FY27, quarter ended June 2026), compared with the year-ago and preceding quarter.
Download the Univest iOS App or Univest Android App to track Gujarat Mineral Development Corporation, Sarda Energy and Minerals and Jindal SAW live prices.
What Should Investors Look at Beyond These Numbers?
Beyond the metrics above, investors comparing these three mining and specialty steel names should track quarter-on-quarter revenue and margin trends, management commentary on demand and cost drivers, and any sector-specific regulatory developments, since a single-quarter snapshot can shift quickly.
Conclusion
Gujarat Mineral Development Corporation vs Sarda Energy and Minerals vs Jindal SAW highlights how differently three companies in the same mining and specialty steel segment can score across valuation, profitability and dividend metrics, even when operating in a similar space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.
Disclaimer: Data and figures in this article are sourced from publicly available information as of October 2026 and may not reflect real-time prices. Please verify all data independently before making any investment decision. This comparison does not recommend or endorse any single stock over another; investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Gujarat Mineral Development Corporation vs Sarda Energy and Minerals vs Jindal SAW
What is the market cap difference between Gujarat Mineral Development Corporation, Sarda Energy and Minerals and Jindal SAW?
Ans. As of October 2026, Gujarat Mineral Development Corporation has a market cap of approximately Rs 17,706 crore, Sarda Energy and Minerals is at approximately Rs 17,829 crore, and Jindal SAW is at approximately Rs 18,328 crore.
Which of the three has the highest PE ratio?
Ans. Among Gujarat Mineral Development Corporation, Sarda Energy and Minerals and Jindal SAW, the PE ratios stand at 18.52, 15.49 and 30.52 respectively as of October 2026.
Which of the three has the highest ROE?
Ans. Gujarat Mineral Development Corporation, Sarda Energy and Minerals and Jindal SAW post ROE of 7.95%, 15.00% and 7.74% respectively as of October 2026.
Which of these three stocks pays the highest dividend yield?
Ans. Gujarat Mineral Development Corporation, Sarda Energy and Minerals and Jindal SAW carry dividend yields of 1.71%, 0.40% and 0.70% respectively.
What is the debt to equity ratio for Gujarat Mineral Development Corporation, Sarda Energy and Minerals and Jindal SAW?
Ans. Gujarat Mineral Development Corporation carries a debt to equity of 0.04, Sarda Energy and Minerals of 0.36, and Jindal SAW of 0.37.
Which of the three trades at the highest price to book value?
Ans. Gujarat Mineral Development Corporation, Sarda Energy and Minerals and Jindal SAW trade at price to book ratios of 2.50, 2.42 and 1.46 respectively.
Is one of Gujarat Mineral Development Corporation, Sarda Energy and Minerals or Jindal SAW better than the others?
Ans. This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor’s own criteria and research.
