NMDC Ltd
NMDC is engaged in exploration and production of Iron Ore along with Diamond, production and sale of Sponge Iron and generation and sale of Wind Power.(Source : 202003 Annual Report Page No:119)
- Market Cap ₹ 31,944 Cr.
- Current Price ₹ 109
- High / Low ₹ 132 / 77.1
- Stock P/E 6.86
- Book Value ₹ 76.2
- Dividend Yield 13.5 %
- ROCE 21.2 %
- ROE 16.2 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- The company has delivered a poor sales growth of 8.75% over past five years.
- Earnings include an other income of Rs.1,984 Cr.
- Promoter holding has decreased over last 3 years: -8.86%
- Working capital days have increased from 53.2 days to 102 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Mining & Mineral products Industry: Mining / Minerals / Metals
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
11,262 | 10,704 | 12,058 | 12,356 | 6,456 | 8,828 | 11,615 | 12,153 | 11,699 | 15,370 | 25,882 | 17,667 | |
2,336 | 3,331 | 4,333 | 4,580 | 3,762 | 5,226 | 5,806 | 5,223 | 5,689 | 6,573 | 13,291 | 11,604 | |
Operating Profit | 8,926 | 7,373 | 7,725 | 7,776 | 2,694 | 3,602 | 5,809 | 6,930 | 6,010 | 8,797 | 12,591 | 6,063 |
OPM % | 79% | 69% | 64% | 63% | 42% | 41% | 50% | 57% | 51% | 57% | 49% | 34% |
1,965 | 2,242 | 2,187 | 2,154 | 1,681 | 908 | 664 | 588 | 417 | 349 | 716 | 1,984 | |
Interest | 1 | 13 | 2 | 0 | 66 | 21 | 37 | 40 | 10 | 17 | 39 | 75 |
Depreciation | 130 | 139 | 150 | 162 | 217 | 196 | 256 | 279 | 294 | 228 | 287 | 335 |
Profit before tax | 10,760 | 9,464 | 9,760 | 9,768 | 4,092 | 4,293 | 6,179 | 7,199 | 6,123 | 8,902 | 12,981 | 7,637 |
Tax % | 32% | 33% | 34% | 34% | 34% | 40% | 38% | 36% | 41% | 30% | 28% | 28% |
Net Profit | 7,265 | 6,342 | 6,420 | 6,422 | 2,712 | 2,589 | 3,806 | 4,642 | 3,610 | 6,253 | 9,398 | 5,529 |
EPS in Rs | 18.33 | 16.00 | 16.19 | 16.20 | 6.84 | 8.18 | 12.03 | 15.16 | 11.79 | 21.34 | 32.07 | 18.87 |
Dividend Payout % | 25% | 44% | 52% | 53% | 161% | 63% | 36% | 36% | 45% | 36% | 46% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 9% |
3 Years: | 15% |
TTM: | -32% |
Compounded Profit Growth | |
---|---|
10 Years: | -3% |
5 Years: | 5% |
3 Years: | 8% |
TTM: | -51% |
Stock Price CAGR | |
---|---|
10 Years: | 2% |
5 Years: | 4% |
3 Years: | 17% |
1 Year: | 13% |
Return on Equity | |
---|---|
10 Years: | 18% |
5 Years: | 20% |
3 Years: | 23% |
Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
396 | 396 | 396 | 396 | 396 | 316 | 316 | 306 | 306 | 293 | 293 | 293 | |
Reserves | 24,010 | 27,114 | 29,592 | 31,935 | 28,721 | 22,203 | 24,037 | 25,645 | 27,228 | 29,463 | 34,551 | 22,039 |
0 | 0 | 0 | 0 | 1,497 | 0 | 500 | 364 | 566 | 2,000 | 3,491 | 422 | |
2,242 | 3,271 | 1,489 | 2,138 | 2,057 | 3,183 | 3,755 | 3,466 | 3,044 | 5,029 | 6,357 | 5,187 | |
Total Liabilities | 26,648 | 30,782 | 31,477 | 34,470 | 32,671 | 25,702 | 28,609 | 29,782 | 31,144 | 36,785 | 44,692 | 27,942 |
1,189 | 1,265 | 1,362 | 1,334 | 1,918 | 1,953 | 2,672 | 2,721 | 3,017 | 3,118 | 3,966 | 3,020 | |
CWIP | 1,494 | 3,236 | 5,277 | 7,710 | 9,723 | 11,831 | 12,520 | 13,792 | 15,501 | 17,128 | 18,300 | 1,962 |
Investments | 248 | 250 | 250 | 562 | 695 | 727 | 786 | 939 | 986 | 985 | 987 | 887 |
23,718 | 26,031 | 24,587 | 24,864 | 20,335 | 11,191 | 12,631 | 12,330 | 11,640 | 15,553 | 21,439 | 22,073 | |
Total Assets | 26,648 | 30,782 | 31,477 | 34,470 | 32,671 | 25,702 | 28,609 | 29,782 | 31,144 | 36,785 | 44,692 | 27,942 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4,595 | 3,087 | 3,721 | 4,007 | 1,862 | 2,133 | 3,381 | 3,952 | 2,053 | 7,330 | 7,617 | 2,380 | |
-737 | 669 | 3,455 | -530 | 4,276 | 5,152 | -1,869 | -739 | -277 | -4,392 | -5,026 | 151 | |
-1,912 | -2,548 | -5,801 | -3,449 | -6,291 | -7,249 | -1,557 | -3,201 | -1,753 | -2,591 | -2,916 | -2,537 | |
Net Cash Flow | 1,945 | 1,208 | 1,375 | 28 | -154 | 36 | -44 | 12 | 23 | 348 | -325 | -5 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 24 | 37 | 44 | 52 | 45 | 43 | 46 | 43 | 69 | 51 | 42 | 55 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 24 | 37 | 44 | 52 | 45 | 43 | 46 | 43 | 69 | 51 | 42 | 55 |
Working Capital Days | 27 | 45 | 117 | 102 | 130 | 4 | 11 | 20 | 71 | 19 | 38 | 102 |
ROCE % | 50% | 36% | 34% | 32% | 14% | 16% | 26% | 28% | 23% | 30% | 37% | 21% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Monthly Business Updates
1 Jun - The details of Production & Sales of Iron Ore (Provisional) for and up to the month of May 2023 are as per letter attached.
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Prices Of Iron Ore W.E.F. 29.05.2023
30 May - The prices of Iron Ore w.e.f. 29.05.2023 has been fixed as under:- i) Lump Ore (65.5%, 6-40mm) @ Rs. 3,900 /- per ton ii) Fines …
- Details Of Related Party Transactions For The Period Ended 31.03.2023 - Reg. 30 May
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
30 May - Transcript of NMDC Limited post Q4 FY23 - Analyst / Investors Conference Call held on 24th May 2023 at 1200 hrs. Reference the captioned subject, …
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Secretarial Compliance Report for the Financial Year ended 31st March 2023. In compliance with Regulation 24A of SEBI (LODR) Regulations, 2015, please find enclosed the …
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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May 2023Transcript PPT
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Feb 2023Transcript PPT REC
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Nov 2022TranscriptNotesPPT
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Aug 2022TranscriptNotesPPT
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May 2022Transcript PPT
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Nov 2021Transcript PPT
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Jun 2021Transcript PPT
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Feb 2021TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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May 2018TranscriptNotesPPT
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Nov 2017TranscriptNotesPPT
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Aug 2017TranscriptNotesPPT
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May 2017TranscriptNotesPPT
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Feb 2017TranscriptNotesPPT
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Dec 2016TranscriptNotesPPT
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May 2016TranscriptNotesPPT
A Navratna company[1]
National Mineral Development Corporation (NMDC) was established in the year 1958 as a fully owned government company under the administrative control of the Ministry of steel and is one of the most profitable ones among the Navratna companies.