NMDC Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Excellent return on equity (ROE 23.4%)
- Efficient capital deployment (ROCE 27.6%)
- Attractively valued vs sector (P/E 10x vs industry 31.5x)
- Low debt relative to equity (D/E 0.2x)
- Regular dividends — yield 3%
Concerns
Today's Price Action
NMDC Limited trades at ₹84.7, unchanged from the previous session. The current day’s turnover of 1,32,13,685 shares matches the 20‑day average volume, indicating that trading interest remains consistent with recent trends.
Valuation Snapshot
The stock’s trailing P/E of 10.2 is modest, especially when the broader Metals & Mining sector lacks a disclosed composite P/E, suggesting NMDC may be priced more attractively on earnings terms. A return on equity of 23.4 % underscores robust profit generation relative to shareholder capital.
Key Levels to Watch
The share price sits near the upper end of its 52‑week range, just below the recent high of ₹97.5 and comfortably above the low of ₹68.8, highlighting limited upside room within the yearly band. Open‑interest data for the nearest weekly options show notable clusters around the ₹85–₹90 strike zone, which could act as passive support or resistance zones if price revisits those levels.
Chart Pattern
Within the last ten trading sessions, the daily chart displayed a bearish engulfing candle two days ago and another nine days ago, complemented by a bullish harami eight days ago. These formations are typical of short‑term reversal attempts and reflect shifting momentum between buyers and sellers.
Data Summary
Key metrics for NMDC include a market‑capitalisation figure reported as ₹0 Cr, a P/B ratio of 0.0, and a P/E of 10.2, all set against a stable volume profile. The company’s financial efficiency is highlighted by a 23.4 % ROE, while price action remains confined within a ₹68.8–₹97.5 band for the past year.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIENT Adani Enterprises Limited | ₹2,938 | ₹4.0L Cr | 168 | 4.69 | -3.38 | 5.8 | 2.03 |
| JSWSTEEL JSW Steel Limited | ₹1,325 | ₹3.2L Cr | 26.9 | 3.24 | 10.2 | 11 | 1.22 |
| HINDZINC Hindustan Zinc Limited | ₹601 | ₹2.5L Cr | 14.9 | 11.21 | 76.6 | 69.5 | 0.39 |
| TATASTEEL Tata Steel Limited | ₹189 | ₹2.4L Cr | 19.9 | 2.31 | 11.7 | 12.5 | 1.01 |
| HINDALCO Hindalco Industries Limited | ₹1,011 | ₹2.3L Cr | 10.9 | 1.66 | 13 | 13.2 | 0.56 |
| VAML Vedanta Aluminium Metal Limited | ₹448 −0.33% | ₹1.7L Cr | 10.8 | — | — | — | — |
| JINDALSTEL JINDAL STEEL LIMITED | ₹1,165 | ₹1.2L Cr | 38.5 | 2.33 | 8.22 | 9.7 | 0.39 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
NMDC · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 60.79% | 60.79% | 60.79% | 60.79% | 60.79% | 60.79% |
| FII | 9.91% | 12.60% | 12.76% | 12.60% | 12.12% | 11.72% |
| DII | 17.33% | 14.09% | 14.31% | 14.08% | 14.46% | 15.12% |
| Public | 11.96% | 12.51% | 12.12% | 12.52% | 12.62% | 12.35% |
Corporate Events
To consider and approve the financial results for the period ended Jun 30, 2026
To consider and approve the financial results for the period ended March 31, 2026 and recommendation of final dividend for FY 2025-26 (if any).
Interim Dividend - Rs 2.50 Per Share
Dividend - Re 1 Per Share
Interim Dividend - Rs 2.30 Per Share
Bonus 2:1
Annual General Meeting/Dividend - Rs 1.50 Per Share
Interim Dividend - Rs 5.75 Per Share
Annual General Meeting/Dividend - Rs 2.85 Per Share
Latest News
All newsNMDC Steel sees spurt in trading volume
*NMDC Steel sees spurt in trading volume*. The NSE flagged a significant increase in trading volume and sought clarification from the company. NMDC Steel has submitted its response to ensure market transparency. 📊 *STOCKS:* $NMDCSTEEL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #VolumeSpurt
NMDC Steel shares up on general corporate updates
*NMDC Steel shares moved after general corporate updates filed with the NSE.* The filing did not disclose any major financial or operational changes. Traders noted **volume spike of **. No significant news on expansion, management change, or earnings. 📊 *STOCKS:* $NMDCSTEEL | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #corporate
NMDC declares dividend record date of Oct 5, 2026
*NMDC declares dividend record date of Oct 5, 2026.* The company has informed the exchange that shareholders as of this date will be eligible for dividends. No dividend amount or percentage has been disclosed yet. The announcement is part of routine corporate action. 📊 *STOCKS:* $NMDC | 🏢 *SECTOR:* Metals | #LOWIMPACT #Dividend
NMDC Limited issues general updates via NSE filing
*NMDC Limited issues general updates via NSE filing.* The company filed routine corporate updates with the exchange, though specific details were not disclosed. Such filings typically include administrative or procedural information. No material financial or operational changes were indicated. 📊 *STOCKS:* $NMDC | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CorporateUpdate
NMDC appoints Vivek Nishant Nath as Director (Commercial)
*NMDC appoints Vivek Nishant Nath as Director (Commercial)*. The Ministry of Steel has issued an order appointing Shri Vivek Nishant Nath as Director (Commercial) on NMDC's board. This is a routine corporate appointment with no immediate financial implications. The move aligns with standard governance practices. 📊 *STOCKS:* NMDC | 🏢 *SECTOR:* Mining | #LOWIMPACT #Appointment
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹7.6K Cr 19.3% | ₹6.4K Cr 5.4% | ₹6.7K Cr 3.8% | ₹7.0K Cr 6.7% | ₹6.6K Cr 33.5% | ₹4.9K Cr 9.1% | ₹5.4K Cr 16.6% | ₹6.5K Cr |
| Op. Profit | ₹2.1K Cr 7.6% | ₹2.0K Cr 19.6% | ₹2.5K Cr 20.8% | ₹2.1K Cr 13.5% | ₹2.4K Cr 71.1% | ₹1.4K Cr 40.8% | ₹2.3K Cr 11.3% | ₹2.1K Cr |
| OPM | 28.0% 9.7% | 31.0% 16.2% | 37.0% 27.6% | 29.0% 19.4% | 36.0% 28.6% | 28.0% 34.9% | 43.0% 34.4% | 32.0% |
| Net Profit | ₹1.8K Cr 3.5% | ₹1.7K Cr 13.7% | ₹2.0K Cr 33.2% | ₹1.5K Cr 21.4% | ₹1.9K Cr 56.0% | ₹1.2K Cr 38.8% | ₹2.0K Cr 39.6% | ₹1.4K Cr |
| EPS (₹) | 2 3.6% | 1.93 13.8% | 2.24 33.3% | 1.68 21.5% | 2.14 55.1% | 1.38 38.4% | 2.24 39.1% | 1.61 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹32.1K Cr 34.2% | ₹23.9K Cr 12.2% | ₹21.3K Cr 20.6% | ₹17.7K Cr 32.0% | ₹26.0K Cr 68.9% | ₹15.4K Cr 31.4% | ₹11.7K Cr 3.7% | ₹12.2K Cr 4.6% | ₹11.6K Cr 31.6% | ₹8.8K Cr |
| Expenses | ₹22.8K Cr 44.8% | ₹15.8K Cr 12.4% | ₹14.0K Cr 20.7% | ₹11.6K Cr 12.9% | ₹13.3K Cr 102.7% | ₹6.6K Cr 15.5% | ₹5.7K Cr 9.0% | ₹5.2K Cr 10.0% | ₹5.8K Cr 11.1% | ₹5.2K Cr |
| Op. Profit | ₹9.3K Cr 13.6% | ₹8.2K Cr 11.7% | ₹7.3K Cr 20.5% | ₹6.1K Cr 52.1% | ₹12.6K Cr 43.6% | ₹8.8K Cr 46.4% | ₹6.0K Cr 13.3% | ₹6.9K Cr 19.3% | ₹5.8K Cr 61.4% | ₹3.6K Cr |
| OPM | 29.0% 14.7% | 34.0% 0.0% | 34.0% 0.0% | 34.0% 30.6% | 49.0% 14.0% | 57.0% 11.8% | 51.0% 10.5% | 57.0% 14.0% | 50.0% 22.0% | 41.0% |
| Other Income | ₹1.5K Cr 6.5% | ₹1.6K Cr 46.4% | ₹1.1K Cr 45.8% | ₹2.0K Cr 179.9% | ₹716 Cr 104.0% | ₹351 Cr 15.6% | ₹416 Cr 29.3% | ₹588 Cr 11.8% | ₹667 Cr 26.7% | ₹910 Cr |
| Interest | ₹121 Cr 32.0% | ₹178 Cr 128.2% | ₹78 Cr 4.0% | ₹75 Cr 92.3% | ₹39 Cr 129.4% | ₹17 Cr 70.0% | ₹10 Cr 75.0% | ₹40 Cr 8.1% | ₹37 Cr 76.2% | ₹21 Cr |
| Depreciation | ₹477 Cr 13.6% | ₹420 Cr 19.7% | ₹351 Cr 4.5% | ₹336 Cr 16.7% | ₹288 Cr 25.8% | ₹229 Cr 22.4% | ₹295 Cr 5.7% | ₹279 Cr 8.6% | ₹257 Cr 30.5% | ₹197 Cr |
| PBT | ₹10.1K Cr 11.0% | ₹9.1K Cr 15.0% | ₹8.0K Cr 4.0% | ₹7.6K Cr 41.3% | ₹13.0K Cr 46.3% | ₹8.9K Cr 45.5% | ₹6.1K Cr 15.0% | ₹7.2K Cr 16.5% | ₹6.2K Cr 44.1% | ₹4.3K Cr |
| Tax % | 27.0% 3.6% | 28.0% 6.7% | 30.0% 7.1% | 28.0% 3.7% | 27.0% 10.0% | 30.0% 26.8% | 41.0% 13.9% | 36.0% 5.3% | 38.0% 5.0% | 40.0% |
| Net Profit | ₹7.5K Cr 14.3% | ₹6.5K Cr 17.1% | ₹5.6K Cr 0.6% | ₹5.6K Cr 40.6% | ₹9.4K Cr 50.2% | ₹6.3K Cr 75.7% | ₹3.6K Cr 22.6% | ₹4.6K Cr 21.2% | ₹3.8K Cr 49.7% | ₹2.5K Cr |
| EPS (₹) | 8.47 14.0% | 7.43 17.2% | 6.34 0.5% | 6.37 40.6% | 10.72 50.1% | 7.14 83.5% | 3.89 22.7% | 5.03 25.4% | 4.01 49.6% | 2.68 |
| Div Payout | 41.0% 6.8% | 44.0% 15.8% | 38.0% 8.6% | 35.0% 23.9% | 46.0% 27.8% | 36.0% 20.0% | 45.0% 21.6% | 37.0% 2.8% | 36.0% 43.8% | 64.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹879 Cr 0.0% | ₹879 Cr 200.0% | ₹293 Cr 0.0% | ₹293 Cr 0.0% | ₹293 Cr 0.0% | ₹293 Cr 4.2% | ₹306 Cr 0.0% | ₹306 Cr 3.2% | ₹316 Cr 0.0% | ₹316 Cr |
| Reserves | ₹31.6K Cr 9.6% | ₹28.8K Cr 13.6% | ₹25.4K Cr 13.6% | ₹22.3K Cr 26.0% | ₹17.7K Cr 40.1% | ₹29.6K Cr 8.1% | ₹27.4K Cr 6.3% | ₹25.7K Cr 6.8% | ₹24.1K Cr 8.2% | ₹22.3K Cr |
| Borrowings | ₹3.6K Cr 14.9% | ₹4.3K Cr 27.3% | ₹3.4K Cr 57.8% | ₹2.1K Cr 18.2% | ₹1.8K Cr 9.7% | ₹2.0K Cr 252.3% | ₹566 Cr 55.5% | ₹364 Cr 27.2% | ₹500 Cr | ₹0 Cr |
| Other Liabilities | ₹6.4K Cr 9.3% | ₹7.0K Cr 5.9% | ₹6.6K Cr 27.7% | ₹5.2K Cr 2.2% | ₹5.1K Cr 0.9% | ₹5.1K Cr 65.3% | ₹3.1K Cr 12.3% | ₹3.5K Cr 7.7% | ₹3.8K Cr 17.9% | ₹3.2K Cr |
| Total Liabilities | ₹42.5K Cr 3.6% | ₹41.0K Cr 15.0% | ₹35.7K Cr 19.1% | ₹30.0K Cr 20.2% | ₹24.9K Cr 32.5% | ₹36.9K Cr 18.0% | ₹31.3K Cr 4.7% | ₹29.9K Cr 4.2% | ₹28.7K Cr 11.3% | ₹25.8K Cr |
Assets | ||||||||||
| Fixed Assets | ₹5.1K Cr 0.7% | ₹5.0K Cr 49.2% | ₹3.4K Cr 5.6% | ₹3.2K Cr 12.6% | ₹3.7K Cr 6.9% | ₹3.9K Cr 3.2% | ₹3.8K Cr 8.5% | ₹3.5K Cr 1.6% | ₹3.5K Cr 65.0% | ₹2.1K Cr |
| CWIP | ₹5.3K Cr 12.1% | ₹4.7K Cr 46.4% | ₹3.2K Cr 61.9% | ₹2.0K Cr 49.9% | ₹1.3K Cr 92.2% | ₹17.2K Cr 10.5% | ₹15.5K Cr 12.4% | ₹13.8K Cr 10.2% | ₹12.5K Cr 5.8% | ₹11.9K Cr |
| Investments | ₹1.2K Cr 23.0% | ₹978 Cr 2.3% | ₹956 Cr 1.7% | ₹940 Cr 5.0% | ₹895 Cr 2.3% | ₹875 Cr 3.8% | ₹910 Cr 5.9% | ₹859 Cr 27.6% | ₹673 Cr 10.0% | ₹612 Cr |
| Other Assets | ₹30.9K Cr 2.1% | ₹30.3K Cr 7.7% | ₹28.1K Cr 18.0% | ₹23.8K Cr 25.2% | ₹19.0K Cr 27.1% | ₹15.0K Cr 35.5% | ₹11.0K Cr 5.6% | ₹11.7K Cr 2.6% | ₹12.0K Cr 7.1% | ₹11.2K Cr |
| Total Assets | ₹42.5K Cr 3.6% | ₹41.0K Cr 15.0% | ₹35.7K Cr 19.1% | ₹30.0K Cr 20.2% | ₹24.9K Cr 32.5% | ₹36.9K Cr 18.0% | ₹31.3K Cr 4.7% | ₹29.9K Cr 4.2% | ₹28.7K Cr 11.3% | ₹25.8K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹1.9K Cr 74.4% | ₹7.4K Cr 302.3% | ₹1.8K Cr 73.5% | ₹6.9K Cr 4.5% | ₹7.3K Cr 241.8% | ₹2.1K Cr 46.9% | ₹4.0K Cr 18.5% | ₹3.4K Cr 60.1% | ₹2.1K Cr 15.7% | ₹2.5K Cr |
| Investing CF | ₹306 Cr 105.0% | ₹-6.1K Cr 3107.9% | ₹202 Cr 106.3% | ₹-3.2K Cr 25.5% | ₹-4.3K Cr 1278.9% | ₹-313 Cr 60.3% | ₹-789 Cr 57.7% | ₹-1.9K Cr 136.1% | ₹5.2K Cr 41.9% | ₹3.6K Cr |
| Financing CF | ₹-2.2K Cr 70.9% | ₹-1.3K Cr 37.0% | ₹-2.1K Cr 49.2% | ₹-4.1K Cr 57.0% | ₹-2.6K Cr 47.8% | ₹-1.8K Cr 45.2% | ₹-3.2K Cr 105.6% | ₹-1.6K Cr 78.5% | ₹-7.2K Cr 15.2% | ₹-6.3K Cr |
| Net Cash Flow | ₹-25 Cr 256.3% | ₹16 Cr 157.1% | ₹-28 Cr 91.7% | ₹-339 Cr 194.4% | ₹359 Cr 498.3% | ₹60 Cr 445.5% | ₹11 Cr 123.9% | ₹-46 Cr 248.4% | ₹31 Cr 121.5% | ₹-144 Cr |
| Free Cash Flow | ₹-1.3K Cr 124.1% | ₹5.5K Cr 840.2% | ₹590 Cr 89.7% | ₹5.7K Cr 1.8% | ₹5.6K Cr 2130.2% | ₹-278 Cr 113.9% | ₹2.0K Cr 51.4% | ₹1.3K Cr 724.6% | ₹-211 Cr 80.3% | ₹-1.1K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 118d 96.7% | 60d 33.3% | 90d 114.3% | 42d 17.6% | 51d 26.1% | 69d 60.5% | 43d 6.5% | 46d 7.0% | 43d 4.4% | 45d |
| Inventory Days | — | — | — | — | — | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | — | — | — | — |
| Cash Conv. Cycle | 118d 96.7% | 60d 33.3% | 90d 114.3% | 42d 17.6% | 51d 26.1% | 69d 60.5% | 43d 6.5% | 46d 7.0% | 43d 4.4% | 45d |
| Working Capital Days | 55d 511.1% | 9d 90.4% | 94d 213.3% | 30d 257.9% | -19d 135.8% | 53d 488.9% | 9d 325.0% | -4d 233.3% | 3d 57.1% | 7d |
| ROCE | 30.0% 3.2% | 31.0% 6.9% | 29.0% 42.0% | 50.0% 66.7% | 30.0% 30.4% | 23.0% 17.9% | 28.0% 12.0% | 25.0% 56.3% | 16.0% 14.3% | 14.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About NMDC Limited
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)
Metals & MiningMinerals & Mining