NMDC Ltd

₹ 89.6 -3.56%

08 Jun - close price

About

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

Business Overview: ^[1]^[2]^[3]
NMDC is a fully government-
owned entity under the Ministry
of Steel which specializes in the
exploration of minerals including
copper, rock phosphate, limestone,
magnesite, diamond, and tungsten,
and produces a variety of products,
including high-grade iron ore with
64% Fe content, diamonds,
iron ore pellets, etc.

Website BSE NSE

Market Cap ₹ 78,766 Cr.
Current Price ₹ 89.6
High / Low ₹ 97.5 / 66.8
Stock P/E 10.6
Book Value ₹ 38.7
Dividend Yield 3.68 %
ROCE 27.6 %
ROE 23.4 %
Face Value ₹ 1.00

Add ratio to table

Edit ratios

Pros

Stock is providing a good dividend yield of 3.68%.
Company is expected to give good quarter
Company has a good return on equity (ROE) track record: 3 Years ROE 23.6%
Company has been maintaining a healthy dividend payout of 41.3%

Cons

Working capital days have increased from 43.8 days to 67.4 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

Commodities Metals & Mining Minerals & Mining Industrial Minerals

Part of BSE 500 BSE 200 BSE Dollex 200 BSE PSU Nifty 500 BSE Metal Nifty Midcap 100 Nifty Midcap 50 Nifty PSE Nifty Metal Nifty 200 Nifty Commodities Nifty Dividend Opportunities 50 BSE CPSE BSE Commodities BSE 150 MidCap Index BSE 250 LargeMidCap Index BSE 400 MidSmallCap Index Nifty LargeMidcap 250 Nifty 500 Multicap 50:25:25 Nifty Midcap 150 Nifty MidSmallcap 400 Nifty Midcap150 Quality 50 Nifty Total Market Nifty500 Value 50 BSE 200 Equal Weight Nifty Midsmallcap400 Momentum Quality 100 Nifty200 Value 30 Nifty500 Equal Weight Nifty500 LargeMidSmall Equal-Cap Weighted Nifty500 Quality 50 BSE 1000 BSE 500 Dividend Leaders 50 Nifty India FPI 150

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
	5,851	5,395	4,014	5,410	6,489	5,414	4,919	6,568	7,005	6,739	6,378	7,611	11,343
	3,689	3,401	2,824	3,403	4,388	3,074	3,533	4,196	4,953	4,260	4,385	5,467	8,700
Operating Profit	2,162	1,994	1,190	2,007	2,102	2,340	1,386	2,372	2,051	2,478	1,993	2,144	2,644
OPM %	37%	37%	30%	37%	32%	43%	28%	36%	29%	37%	31%	28%	23%
	1,228	294	321	84	389	365	361	375	492	300	383	372	432
Interest	12	6	19	32	21	23	29	61	65	27	8	35	51
Depreciation	93	69	89	82	111	74	103	103	141	109	110	107	152
Profit before tax	3,285	2,212	1,404	1,977	2,359	2,608	1,614	2,584	2,338	2,643	2,259	2,375	2,873
Tax %	31%	25%	27%	26%	40%	25%	26%	27%	37%	26%	26%	26%	30%
	2,272	1,653	1,026	1,482	1,410	1,969	1,205	1,880	1,477	1,968	1,698	1,757	2,027
EPS in Rs	2.58	1.88	1.17	1.69	1.61	2.24	1.38	2.14	1.68	2.24	1.93	2.00	2.31
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	12,356	6,456	8,828	11,615	12,153	11,699	15,370	25,965	17,667	21,308	23,906	32,071
	4,591	3,771	5,233	5,812	5,228	5,697	6,580	13,338	11,613	14,014	15,755	22,811
Operating Profit	7,765	2,685	3,595	5,803	6,925	6,003	8,790	12,626	6,054	7,294	8,150	9,260
OPM %	63%	42%	41%	50%	57%	51%	57%	49%	34%	34%	34%	29%
	2,155	1,682	910	667	588	416	351	716	2,004	1,087	1,591	1,488
Interest	0	66	21	37	40	10	17	39	75	78	178	121
Depreciation	173	218	197	257	279	295	229	288	336	351	420	477
Profit before tax	9,747	4,084	4,287	6,176	7,194	6,114	8,896	13,016	7,646	7,952	9,143	10,149
Tax %	34%	34%	40%	38%	36%	41%	30%	27%	28%	30%	28%	27%
	6,351	2,544	2,543	3,808	4,617	3,573	6,277	9,429	5,601	5,567	6,520	7,450
EPS in Rs	5.34	2.14	2.68	4.01	5.03	3.89	7.14	10.72	6.37	6.34	7.43	8.47
Dividend Payout %	53%	171%	64%	36%	37%	45%	36%	46%	35%	38%	44%	41%

Compounded Sales Growth
10 Years:	17%
5 Years:	16%
3 Years:	22%
TTM:	34%

Compounded Profit Growth
10 Years:	11%
5 Years:	4%
3 Years:	17%
TTM:	14%

Stock Price CAGR
10 Years:	14%
5 Years:	14%
3 Years:	36%
1 Year:	21%

Return on Equity
10 Years:	21%
5 Years:	26%
3 Years:	24%
Last Year:	23%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	396	396	316	316	306	306	293	293	293	293	879	879
Reserves	31,870	28,784	22,266	24,101	25,738	27,367	29,591	17,725	22,328	25,363	28,817	33,183
	0	1,497	0	500	364	566	2,000	1,800	2,128	3,359	4,276	6,407
	2,197	2,079	3,201	3,774	3,483	3,056	5,045	5,094	5,204	6,646	7,035	7,851
Total Liabilities	34,464	32,756	25,784	28,691	29,891	31,294	36,930	24,912	29,953	35,661	41,007	48,320
	1,468	2,058	2,095	3,457	3,512	3,810	3,933	3,662	3,199	3,377	5,038	5,856
CWIP	7,801	9,747	11,855	12,545	13,819	15,530	17,158	1,333	1,998	3,235	4,737	6,749
Investments	319	592	612	673	859	910	875	895	940	956	978	1,372
	24,876	20,359	11,221	12,016	11,701	11,045	14,964	19,022	23,816	28,094	30,253	34,344
Total Assets	34,464	32,756	25,784	28,691	29,891	31,294	36,930	24,912	29,953	35,661	41,007	48,320

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	3,999	2,502	2,109	3,376	4,002	2,126	7,266	6,942	1,838	7,394	1,894	4,996
	-517	3,645	5,171	-1,865	-789	-313	-4,316	-3,214	202	-6,076	306	-3,842
	-3,449	-6,290	-7,249	-1,557	-3,201	-1,753	-2,591	-4,067	-2,067	-1,302	-2,225	-1,092
Net Cash Flow	33	-144	31	-46	11	60	359	-339	-28	16	-25	63
Free Cash Flow	1,185	-1,073	-211	1,318	1,996	-278	5,644	5,743	590	5,547	-1,336	1,826
CFO/OP	91%	157%	102%	99%	95%	73%	111%	89%	65%	126%	54%	85%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	52	45	43	46	43	69	51	42	90	60	118	105
Inventory Days												170
Days Payable												27
Cash Conversion Cycle	52	45	43	46	43	69	51	42	90	60	118	247
Working Capital Days	101	7	3	-4	9	53	-16	30	94	9	55	67
ROCE %	32%	14%	16%	25%	28%	23%	30%	50%	29%	31%	30%	28%

Insights

In beta

Mar 2014

Mar 2015

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Iron Ore Mining Capacity
MTPA ・Standalone data

xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx	xx.xx
xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx
xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx	xxx.xx
											x.xx

Please log in to see hidden values.

Iron Ore Production
Lakh Tonnes ・Standalone data

Iron Ore Sales
Lakh Tonnes ・Standalone data

Steel Production (NSL)
MTPA

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
	60.79%	60.79%	60.79%	60.79%	60.79%	60.79%	60.79%	60.79%	60.79%	60.79%	60.79%	60.79%
	6.99%	8.32%	9.91%	12.60%	12.76%	12.60%	12.12%	11.72%	12.21%	13.04%	13.48%	13.60%
	18.00%	17.73%	17.33%	14.09%	14.31%	14.08%	14.46%	15.12%	14.48%	14.38%	14.06%	13.76%
	14.20%	13.16%	11.96%	12.51%	12.12%	12.52%	12.62%	12.35%	12.51%	11.76%	11.66%	11.84%
No. of Shareholders	7,37,733	7,39,395	7,49,330	8,57,003	8,93,897	9,68,552	10,49,959	11,20,681	11,42,938	11,20,444	11,15,697	11,30,914

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	74.94%	72.43%	72.28%	69.65%	68.29%	60.79%	60.79%	60.79%	60.79%	60.79%
	4.86%	4.16%	3.94%	6.03%	4.63%	6.88%	7.33%	12.60%	11.72%	13.60%
	16.73%	18.79%	18.84%	19.96%	20.67%	21.81%	19.39%	14.09%	15.12%	13.76%
	0.00%	0.00%	0.10%	0.10%	0.10%	0.00%	0.00%	0.00%	0.00%	0.00%
	3.47%	4.62%	4.85%	4.27%	6.31%	10.51%	12.47%	12.51%	12.35%	11.84%
No. of Shareholders	2,16,538	2,44,053	2,45,395	2,41,177	3,15,659	6,12,387	7,13,832	8,57,003	11,20,681	11,30,914

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

All

Annual reports

DRHP

Credit ratings

Concalls

Jun 2026
Transcript PPT REC
Feb 2026

Transcript

AI Summary
PPT
Feb 2026

Transcript

AI Summary
PPT
Oct 2025

Transcript

AI Summary
PPT
Aug 2025

Transcript

AI Summary
PPT
Jun 2025
Transcript PPT
Feb 2025
Transcript PPT
Aug 2024
Transcript PPT
Jun 2024
Transcript PPT REC
Feb 2024
Transcript PPT REC
Nov 2023
Transcript PPT
Aug 2023
Transcript PPT REC
May 2023
Transcript PPT
Feb 2023
Transcript PPT REC
Nov 2022

Transcript

AI Summary
PPT
Aug 2022

Transcript

AI Summary
PPT
May 2022
Transcript PPT
Feb 2022
Transcript PPT
Nov 2021
Transcript PPT
Aug 2021
Transcript PPT
Jun 2021
Transcript PPT
Feb 2021

Transcript

AI Summary
PPT
Nov 2020

Transcript

AI Summary
PPT
Jun 2020

Transcript

AI Summary
PPT
Feb 2020

Transcript

AI Summary
PPT
Feb 2020

Transcript

AI Summary
PPT
Nov 2019

Transcript

AI Summary
PPT
Aug 2019

Transcript

AI Summary
PPT
May 2019

Transcript

AI Summary
PPT
May 2019

Transcript

AI Summary
PPT
Apr 2019

Transcript

AI Summary
PPT
Jan 2019

Transcript

AI Summary
PPT
Nov 2018

Transcript

AI Summary
PPT
May 2018

Transcript

AI Summary
PPT
Feb 2018

Transcript

AI Summary
PPT
Nov 2017

Transcript

AI Summary
PPT
Aug 2017

Transcript

AI Summary
PPT
May 2017

Transcript

AI Summary
PPT
Feb 2017

Transcript

AI Summary
PPT
Dec 2016

Transcript

AI Summary
PPT
May 2016

Transcript

AI Summary
PPT
Nov 2013

Transcript

PPT
REC