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 7.8x vs industry 29.4x)
- Low debt relative to equity (D/E 0.2x)
- Regular dividends — yield 5.3%
- Near 52-week low — potential value zone (₹65)
Concerns
Today's Price Action
The stock closed at ₹67.5 with zero percent change. Trading volume registered 1,29,68,924 shares, identical to the 20‑day average, indicating a typical level of market participation.
Valuation Snapshot
The trailing twelve‑month price‑to‑earnings ratio stands at 7.82, markedly lower than the sector average, which is not disclosed. A return on equity of 23.4 % reflects strong profitability relative to shareholders’ capital. The company’s ROE exceeds the broader metals‑and‑mining average of roughly 15 %, underscoring efficient capital deployment. Despite the low P/E, earnings per share have grown 12 % year‑on‑year, contributing to the attractive valuation metric.
Key Levels to Watch
The 52‑week range spans ₹65.2 to ₹97.5, placing the current price just above the lower band. Open‑interest clusters also highlight a minor resistance cluster around ₹68 and a support cluster near ₹64, which may act as psychological barriers.
Chart Pattern
On the daily chart, a Morning Star bullish reversal formed two days ago, preceded by a Hammer bullish candlestick three days ago, while a Bearish Engulfing appeared ten days ago. All three candlesticks appeared on the daily timeframe, and together they map a transition from a bearish to a potentially neutral price structure.
Data Summary
Market capitalization is reported as ₹0 Cr, and the price‑to‑book multiple is 0.0, indicating that book value exceeds market price. The stock’s volatility remains bounded within a 30 % swing from its 52‑week low to high.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| ADANIENT Adani Enterprises Limited | ₹2,480 | ₹3.4L Cr | 141 | 3.96 | 4.48 | 5.8 | 2.03 |
| JSWSTEEL JSW Steel Limited | ₹1,241 | ₹2.9L Cr | 18.5 | 2.68 | 10.2 | 11 | 0.62 |
| HINDZINC Hindustan Zinc Limited | ₹507 | ₹2.1L Cr | 10.1 | 7.15 | 76.6 | 69.5 | 0.22 |
| TATASTEEL Tata Steel Limited | ₹169 | ₹2.1L Cr | 17.7 | 2.07 | 11.7 | 12.5 | 1.01 |
| HINDALCO Hindalco Industries Limited | ₹894 | ₹2.0L Cr | 9.39 | 1.47 | 13 | 13.2 | 0.56 |
| VAML Vedanta Aluminium Metal Limited | ₹— | ₹1.3L Cr | 8.51 | — | — | — | — |
| JINDALSTEL JINDAL STEEL LIMITED | ₹1,048 | ₹1.0L Cr | 32.1 | 2.04 | 8.22 | 9.7 | 0.43 |
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
Dividend - Re 1 Per Share
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
Steel Exchange India signs MoU with NMDC for iron ore supply.
*Steel Exchange India signs MoU with NMDC for iron ore supply.* The agreement ensures long-term iron ore procurement, strengthening supply chain security. This strategic move supports **increased production stability** and may reduce input cost volatility. NMDC’s role as a key supplier adds credibility to the arrangement. 📊 *STOCKS:* $STEELXIND, $NMDC | 🏢 *SECTOR:* Metals | #MEDIUMIMPACT #MoU
Steel Exchange India signs MoU with NMDC Limited
*Steel Exchange India signs MoU with NMDC Limited* for potential collaboration in the steel and mining sector. The move aims to explore synergies in supply chain and resource utilization. While financial details remain undisclosed, the partnership could open new growth avenues. 📊 *STOCKS:* $STEELXIND | 🏢 *SECTOR:* Corporate | #MEDIUMIMPACT #MoU
NMDC Limited issues general corporate updates via NSE filing
*NMDC Limited issues general corporate updates via NSE filing.* The company filed routine disclosures with the stock exchange, though no specific financial or operational details were provided. Such updates typically include administrative or compliance-related information. Investors await further clarity on any material developments. 📊 *STOCKS:* $NMDC | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Corporate
NMDC notifies shareholders on demat facility window
*NMDC notifies shareholders on demat facility window.* The company has issued a notice for a special window to transfer and dematerialize physical securities. This move aims to ease the conversion of physical shares into electronic form. Such corporate actions improve share liquidity and record accuracy. 📊 *STOCKS:* $NMDC | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #Demat
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