NMDC Steel Ltd

NMDC Steel Ltd

₹ 59.1 -4.29%
28 Feb - close price
About

National Mineral Development Corporation (NMDC), a Navratna Public Sector Enterprise under the Ministry of Steel, Government of India is the single largest producer of iron ore in India. It owns and operates iron ore mines in Chhattisgarh and Karnataka and has its registered office at Hyderabad, Telangana.[1]

Key Points

Product Portfolio[1]
The product mix of consists of low carbon steel, HSLA & Dual Phase Steel, and API quality steel that can be rolled into thickness range from 1mm to 16 mm. With its capability to roll 1650mm wide HR, the Thin Slab caster at Nagarnar Steel Plant is the widest Mill in the public sector.

  • Market Cap 17,297 Cr.
  • Current Price 59.1
  • High / Low 73.7 / 29.8
  • Stock P/E
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE 0.00 %
  • ROE 0.00 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 0.00% over last 3 years.
  • Company might be capitalizing the interest cost

* 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: Steel Industry: Steel - Medium / Small

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Quarterly Results

Figures in Rs. Crores

Mar 2022 Sep 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0 0 0 0 277 926
0 0 0 0 350 1,335
Operating Profit 0 0 0 0 -72 -409
OPM % -26% -44%
0 0 0 0 13 16
Interest 0 0 0 0 41 134
Depreciation 0 0 0 0 75 226
Profit before tax 0 0 0 0 -175 -753
Tax % 25% 25%
0 0 0 0 -131 -568
EPS in Rs
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
0 0 0 0 1,203
0 0 0 0 1,685
Operating Profit -0 -0 -0 0 -481
OPM % -40%
0 0 0 0 29
Interest 0 0 0 0 175
Depreciation 0 0 0 0 301
Profit before tax -0 -0 -0 0 -928
Tax % 0% 0% 0%
-0 -0 -0 0 -699
EPS in Rs
Dividend Payout % 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 100%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 77%
Return on Equity
10 Years: %
5 Years: %
3 Years: 0%
Last Year: 0%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0 0 0 2,931 2,931
Reserves -0 -0 -0 14,118 13,987
0 0 0 3,842 5,180
0 0 0 4,678 5,455
Total Liabilities 0 0 0 25,568 27,552
0 0 0 1,118 20,086
CWIP 0 0 0 19,545 1,567
Investments 0 0 0 0 0
0 0 0 4,904 5,899
Total Assets 0 0 0 25,568 27,552

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0 -0 -0 1,516
0 0 0 -2,189
0 0 0 1,293
Net Cash Flow -0 -0 0 620

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days
Inventory Days
Days Payable
Cash Conversion Cycle
Working Capital Days
ROCE % -200% -50% 0%

Shareholding Pattern

Numbers in percentages

Mar 2023Jun 2023Sep 2023Dec 2023
60.79% 60.79% 60.79% 60.79%
4.26% 3.29% 3.94% 4.33%
19.99% 20.46% 20.17% 19.10%
14.95% 15.46% 15.08% 15.76%
No. of Shareholders 6,72,4316,36,5966,19,6826,23,535

* 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.

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