NMDC Ltd

About [ edit ]

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)

Key Points [ edit ]
  • Market Cap 54,436 Cr.
  • Current Price 186
  • High / Low 213 / 70.5
  • Stock P/E 14.4
  • Book Value 98.6
  • Dividend Yield 4.18 %
  • ROCE 22.6 %
  • ROE 13.3 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 39.22%

Cons

  • Promoter holding has decreased over last quarter: -1.36%
  • The company has delivered a poor sales growth of -1.09% over past five years.
  • Debtor days have increased from 52.81 to 69.38 days.
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
1,936 2,422 2,438 3,649 3,643 3,264 2,242 3,006 3,187 1,938 2,230 4,355
514 999 1,180 1,496 1,553 1,398 1,183 1,416 1,700 1,185 1,202 1,589
Operating Profit 1,422 1,423 1,258 2,153 2,090 1,865 1,058 1,590 1,487 753 1,028 2,766
OPM % 73% 59% 52% 59% 57% 57% 47% 53% 47% 39% 46% 64%
Other Income 226 125 131 136 196 123 128 130 37 72 89 106
Interest 0 11 10 10 10 12 10 10 -21 9 2 2
Depreciation 23 62 68 69 81 65 98 65 68 57 54 61
Profit before tax 1,625 1,476 1,312 2,211 2,196 1,912 1,079 1,646 1,478 758 1,062 2,810
Tax % 34% 34% 52% 29% 34% 38% 35% 16% 77% 30% 27% 25%
Net Profit 1,063 968 632 1,570 1,449 1,172 692 1,394 315 531 752 2,158
EPS in Rs 2.68 3.06 2.00 4.96 4.73 3.83 2.26 4.55 1.03 1.73 2.46 7.05

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
3,711 4,186 5,711 7,564 10,704 12,058 12,356 6,456 8,828 11,615 12,153 11,699 11,710
1,027 962 1,375 1,727 3,331 4,287 4,591 3,771 5,234 5,868 5,229 5,917 5,675
Operating Profit 2,684 3,224 4,337 5,837 7,374 7,771 7,765 2,685 3,594 5,747 6,924 5,782 6,035
OPM % 72% 77% 76% 77% 69% 64% 63% 42% 41% 49% 57% 49% 52%
Other Income 200 355 671 885 2,239 2,135 2,155 1,682 910 723 589 637 304
Interest 0 0 0 0 13 2 0 66 21 37 40 10 -9
Depreciation 114 80 60 74 139 151 173 218 197 257 279 295 239
Profit before tax 2,770 3,498 4,947 6,648 9,461 9,753 9,747 4,084 4,287 6,176 7,194 6,114 6,108
Tax % 34% 34% 34% 34% 33% 34% 34% 34% 40% 38% 36% 41%
Net Profit 1,828 2,320 3,251 4,372 6,334 6,371 6,347 2,546 2,544 3,808 4,618 3,573 3,757
EPS in Rs 4.61 5.85 8.20 11.03 15.98 16.07 16.01 6.42 8.04 12.04 15.08 11.67 12.27
Dividend Payout % 20% 20% 20% 20% 44% 53% 53% 171% 64% 36% 37% 45%
Compounded Sales Growth
10 Years:%
5 Years:-1%
3 Years:10%
TTM:-4%
Compounded Profit Growth
10 Years:%
5 Years:-11%
3 Years:12%
TTM:-20%
Stock Price CAGR
10 Years:-3%
5 Years:16%
3 Years:17%
1 Year:152%
Return on Equity
10 Years:%
5 Years:13%
3 Years:16%
Last Year:13%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
132 132 132 396 396 396 396 396 316 316 306 306 306
Reserves 3,871 5,647 8,171 11,231 27,122 29,550 31,870 28,784 22,266 24,101 25,738 27,367 28,579
Borrowings 0 0 0 0 0 0 0 1,497 0 500 364 566 524
443 468 769 1,220 3,277 1,497 2,197 2,079 3,201 3,774 3,483 3,056 2,964
Total Liabilities 4,446 6,247 9,072 12,848 30,796 31,444 34,464 32,756 25,784 28,691 29,891 31,294 32,373
530 505 568 747 1,267 1,366 1,468 2,058 2,095 3,457 3,512 3,810 3,754
CWIP 56 113 112 248 3,247 5,297 7,801 9,747 11,855 12,545 13,819 15,530 15,860
Investments 74 74 83 71 261 219 319 592 612 673 859 910 1,414
3,786 5,555 8,309 11,782 26,021 24,561 24,876 20,359 11,221 12,016 11,701 11,045 11,346
Total Assets 4,446 6,247 9,072 12,848 30,796 31,444 34,464 32,756 25,784 28,691 29,891 31,294 32,373

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
1,569 2,052 2,476 2,778 3,097 3,734 3,999 2,502 2,109 3,376 4,002 2,126
40 217 517 491 659 3,444 -517 3,645 5,171 -1,865 -789 -313
-404 -530 -643 -727 -2,548 -5,801 -3,449 -6,290 -7,249 -1,557 -3,201 -1,753
Net Cash Flow 1,205 1,740 2,350 2,542 1,208 1,376 33 -144 31 -46 11 60

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 72% 70% 67% 34% 32% 14% 16% 25% 28% 23%
Debtor Days 31 25 31 49 37 44 52 45 43 46 43 69
Inventory Turnover 0.38 0.12 -0.36 0.11 0.11 0.21 0.33 0.14 0.13 0.14

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
72.43 72.43 72.43 72.28 72.28 72.28 72.28 69.65 69.65 69.65 69.65 68.29
3.97 3.72 3.90 3.94 4.81 5.29 5.98 6.03 5.35 4.45 4.46 4.63
18.97 19.26 18.88 18.84 18.03 17.76 17.62 19.96 20.33 20.44 20.42 20.67
0.09 0.09 0.09 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10
4.53 4.50 4.70 4.85 4.78 4.58 4.03 4.27 4.58 5.36 5.37 6.31

Documents