NMDC Steel Ltd

NMDC Steel Ltd

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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

History[1][2]
NMDC Steel Limited is a demerged subsidiary
of NMDC Ltd. Incorporated in 2015 and formally demerged in 2022, the plant commissioned its blast furnace and commenced hot-rolled coil production in August 2023 and was finally commissioned in October 2023. FY25 marks its first full year of commercial operations, with the company reporting production ramp-up across all core units - making this an early-stage ramp-up story with structural cost advantages through its NMDC parentage.

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Quarterly Results

Figures in Rs. Crores

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Figures in Rs. Crores

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Dividend Payout %
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: %
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Equity Capital
Reserves
Total Liabilities
CWIP
Investments
Total Assets

Cash Flows

Figures in Rs. Crores

Net Cash Flow
Free Cash Flow
CFO/OP

Ratios

Figures in Rs. Crores

Debtor Days
Inventory Days
Days Payable
Cash Conversion Cycle
Working Capital Days
ROCE %

Insights

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Mar 2023 Mar 2024 Mar 2025
Number of Employees
Personnel ・Standalone data

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Finished Product Capacity Utilization
Percentage ・Standalone data
Hot Metal Production Volume
Tonnes ・Standalone data
Hot Rolled Coils (HRC) Production Volume
Tonnes ・Standalone data
Installed Crude Steel Capacity
MTPA ・Standalone data
Liquid Steel Production Volume
Tonnes ・Standalone data
Pig Iron Production Volume
Tonnes ・Standalone data
Sales Realization (Blended)
INR per MT ・Standalone data
Total Sales Volume
Tonnes ・Standalone data

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Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 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%
3.29% 3.94% 4.33% 4.64% 4.52% 4.56% 4.58% 4.60% 4.67% 5.13% 4.81% 4.85%
20.46% 20.17% 19.10% 16.95% 16.21% 16.06% 16.02% 16.03% 15.90% 15.34% 15.67% 15.85%
15.46% 15.08% 15.76% 17.60% 18.47% 18.59% 18.60% 18.58% 18.63% 18.75% 18.72% 18.50%
No. of Shareholders 6,36,5966,19,6826,23,5357,34,9758,06,9657,86,8357,97,1918,00,1507,81,6287,61,1947,40,2147,21,360

* 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.

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