NMDC Steel

Who are the top shareholders of the NMDC Steel?

The top shareholders of NMDC Steel include the President of India with 60.79%, Life Insurance Corporation of India at 14%, and individual investors holding 16.18%. Additionally, 15 mutual fund schemes own 0.5%, and 111 foreign institutional investors have a combined stake of 4.6%.

The top shareholders of NMDC Steel include the President of India, who holds the largest stake at 60.79%. Other significant shareholders are the Life Insurance Corporation of India, which has a 14% holding, and individual investors, who collectively own 16.18%. Additionally, the company has 15 mutual fund schemes holding 0.5% and 111 foreign institutional investors (FIIs) with a combined holding of 4.6%.

how big is NMDC Steel?

As of Jun 06, NMDC Steel Ltd has a market capitalization of 11,444.00 Cr, with recent net sales of 8503.05 Cr and a net profit of -2373.79 Cr. Shareholder's funds are valued at 15,488.26 Cr, and total assets amount to 28,718.26 Cr.

Market Cap: As of Jun 06, NMDC Steel Ltd has a market capitalization of 11,444.00 Cr, categorizing it as a Mid Cap company.<BR><BR>Recent Quarterly Performance: For the latest 4 quarters, NMDC Steel reported Net Sales of 8503.05 Cr and a Net Profit of -2373.79 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: This is based on Standalone data for the reporting period ending in Mar'24. The Shareholder's Funds are valued at 15,488.26 Cr, and the Total Assets amount to 28,718.26 Cr.

Has NMDC Steel declared dividend?

No Dividend History Available

Who are the peers of the NMDC Steel?

Peers of NMDC Steel include JSW Steel, Tata Steel, Jindal Steel, and others. NMDC Steel has below-average management risk and growth, with a 1-year return of -38.34%, significantly lower than Lloyds Metals' 105.15%.

Peers: The peers of NMDC Steel are JSW Steel, Tata Steel, Jindal Steel, Lloyds Metals, SAIL, Jai Balaji Inds., Kirl. Ferrous, Sunflag Iron, and Indian Metals.<BR><BR>Quality Snapshot: Excellent management risk is observed at Lloyds Metals and Kirl. Ferrous, while Good management risk is found at JSW Steel, Tata Steel, Jindal Steel, SAIL, and the rest. Average management risk is noted at Jai Balaji Inds., Sunflag Iron, and Indian Metals, while NMDC Steel has Below Average management risk. Growth is Excellent at Lloyds Metals, Good at JSW Steel, Jindal Steel, and Indian Metals, Average at Tata Steel and Jai Balaji Inds., Below Average at SAIL and NMDC Steel, and the rest have Below Average growth. Capital Structure is Excellent at Lloyds Metals and Indian Metals, Good at Jindal Steel and Kirl. Ferrous, Average at Tata Steel, Below Average at JSW Steel, SAIL, NMDC Steel, Jai Balaji Inds., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Lloyds Metals at 105.15%, while NMDC Steel has the lowest at -38.34%. This indicates that NMDC Steel's 1-year return is significantly worse than that of Lloyds Metals. Additionally, Jai Balaji Inds., Kirl. Ferrous, and Indian Metals have negative six-month returns.

Is NMDC Steel overvalued or undervalued?

As of May 28, 2024, NMDC Steel's valuation has been downgraded to risky due to overvaluation indicated by a negative PE ratio of -4.87 and poor financial performance, including a -32.73% stock return over the past year compared to the Sensex's 7.55%.

As of 28 May 2024, NMDC Steel's valuation grade has moved from does not qualify to risky, indicating a significant downgrade in its perceived investment quality. The company appears to be overvalued based on its financial metrics, with a PE ratio of -4.87, an EV to EBITDA of -9.70, and a Price to Book Value of 0.81. These ratios suggest that the company is struggling financially, particularly with a negative ROCE of -13.62% and ROE of -16.55%.<BR><BR>In comparison to its peers, NMDC Steel's valuation stands out unfavorably. For instance, JSW Steel Ltd. is rated fair with a PE of 64.98 and an EV to EBITDA of 14.20, while Tata Steel Ltd. is rated attractive with a PE of 51.92 and an EV to EBITDA of 11.04. The stark contrast in these ratios highlights NMDC Steel's challenges in the market. Additionally, the company's stock has underperformed significantly over the past year, with a return of -32.73% compared to the Sensex's 7.55%, reinforcing the notion that NMDC Steel is currently overvalued.

Who are in the management team of NMDC Steel?

As of March 2023, the management team of NMDC Steel includes Amitava Mukherjee (Chairman & Managing Director), Dilip Kumar Mohanty (Executive Director - Production), Sukriti Likhi and Abhijit Narendra (Nominees - Government of India), Vishwanath Suresh (Executive Director - Commercial), and Vinay Kumar (Executive Director - Technical). They oversee the company's operations and strategic direction.

As of March 2023, the management team of NMDC Steel includes the following individuals:<BR><BR>1. Amitava Mukherjee - Chairman & Managing Director<BR>2. Dilip Kumar Mohanty - Executive Director (Production)<BR>3. Sukriti Likhi - Nominee - Government Of India<BR>4. Abhijit Narendra - Nominee - Government Of India<BR>5. Vishwanath Suresh - Executive Director (Commercial)<BR>6. Vinay Kumar - Executive Director (Technical) <BR><BR>This team is responsible for overseeing the operations and strategic direction of NMDC Steel.

What does NMDC Steel do?

NMDC Steel Ltd is a government-owned company focused on steel production, developing a 3 MTPA Integrated Steel Plant. As of March 2025, it reported net sales of ₹28,382 Cr and a net loss of ₹4,734 Cr, with a market cap of ₹11,415 Cr.

Overview:<BR>NMDC Steel Ltd is a government company engaged in the production of steel, operating within the ferrous metals industry and classified as a mid-cap entity.<BR><BR>History:<BR>NMDC Steel Ltd was established as part of a strategic initiative by the Ministry of Steel, Government of India, to enhance the nation's steel production capabilities. The company is focused on developing a greenfield Integrated Steel Plant with a capacity of 3 million tonnes per annum (MTPA) using BF/BOF technology. The latest quarterly results reported are for March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 28,382 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -4,734 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 11,415 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 34 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.40 <BR>Return on Equity: -16.55% <BR>Price to Book: 0.80 <BR><BR>Contact Details:<BR>Details: No Company Details Available <BR>Registrar Address: Not available.

How has been the historical performance of NMDC Steel?

NMDC Steel has shown significant growth in net sales, increasing from zero to 3,048.99 Cr in Mar'24 and 8,503.05 Cr in Mar'25, but reported losses worsened to -2,373.78 Cr in Mar'25. While operating profit margins improved slightly, total liabilities and assets decreased, and cash flow from operations turned positive at 1,965.00 Cr in Mar'25.

Answer:<BR>The historical performance of NMDC Steel shows significant growth in net sales, with figures rising from zero in Mar'23 and Mar'22 to 3,048.99 Cr in Mar'24 and reaching 8,503.05 Cr in Mar'25. However, the company has faced substantial losses, with a profit after tax of -2,373.78 Cr in Mar'25, worsening from -1,560.32 Cr in Mar'24. The operating profit margin has improved slightly from -47.12% in Mar'24 to -21.03% in Mar'25, but the gross profit margin remains negative at -27.86%. Total liabilities decreased from 28,718.26 Cr in Mar'24 to 26,871.74 Cr in Mar'25, while total assets also declined slightly from 28,718.26 Cr to 26,871.74 Cr. Cash flow from operating activities showed a positive trend with 1,965.00 Cr in Mar'25, compared to -2,825.00 Cr in Mar'24, indicating improved operational cash generation.<BR><BR>Breakdown:<BR>NMDC Steel's financial performance has demonstrated a notable increase in net sales, escalating from zero in the previous two years to 3,048.99 Cr in Mar'24 and further to 8,503.05 Cr in Mar'25. Despite this growth in revenue, the company has struggled with profitability, reporting a profit after tax of -2,373.78 Cr in Mar'25, which is an increase in losses compared to -1,560.32 Cr in Mar'24. The operating profit margin has shown some improvement, moving from -47.12% in Mar'24 to -21.03% in Mar'25, yet the gross profit margin remains negative at -27.86%. On the balance sheet, total liabilities have decreased from 28,718.26 Cr in Mar'24 to 26,871.74 Cr in Mar'25, while total assets have also slightly declined from 28,718.26 Cr to 26,871.74 Cr. The cash flow from operating activities has turned positive at 1,965.00 Cr in Mar'25, a significant recovery from the negative cash flow of -2,825.00 Cr in the previous year, indicating a potential turnaround in operational efficiency.

Is NMDC Steel technically bullish or bearish?

As of December 1, 2025, NMDC Steel's technical trend is neutral with mixed signals, showing a mildly bearish sentiment on weekly and monthly MACD, while daily moving averages are mildly bullish, indicating a lack of clear direction overall.

As of 1 December 2025, the technical trend for NMDC Steel has changed from mildly bullish to sideways. The current stance is neutral, with mixed signals across different time frames. The weekly MACD indicates a mildly bearish sentiment, while the monthly MACD also supports this bearish view. The Bollinger Bands on the weekly chart show a sideways movement, further indicating a lack of clear direction. Daily moving averages are mildly bullish, but this is countered by the weekly KST being bullish, suggesting some underlying strength. However, both the Dow Theory and OBV show no trend in the weekly and monthly time frames. Overall, the indicators reflect a neutral stance with a slight bearish bias in the longer term.

When is the next results date for NMDC Steel Ltd?

The next results date for NMDC Steel Ltd is 03 February 2026.

The next results date for NMDC Steel Ltd is scheduled for 03 February 2026.

Are NMDC Steel Ltd latest results good or bad?

NMDC Steel Ltd's latest results are unfavorable, showing a net loss of ₹243.97 crores in Q3 FY26, a decline from a profit in the previous quarter, despite a year-on-year sales growth of 41.90%. The company also experienced a decrease in operating margins and sales compared to the prior quarter, indicating ongoing profitability challenges.

The latest results for NMDC Steel Ltd indicate a challenging situation for the company. In Q3 FY26, NMDC Steel reported a net loss of ₹243.97 crores, a significant decline from a profit of ₹25.56 crores in the previous quarter (Q2 FY26). This marks a concerning reversal in financial performance.<BR><BR>While the company achieved net sales of ₹3,007.69 crores, reflecting a robust year-on-year growth of 41.90%, it also faced an 11.27% decline in sales compared to the previous quarter. This decline raises questions about the sustainability of demand and pricing power in the current market environment.<BR><BR>Additionally, the operating margin decreased sharply to 3.24% from 6.11% in Q2 FY26, highlighting operational inefficiencies and increased costs. The profit after tax margin remains negative at -8.11%, although it shows some improvement from the previous year.<BR><BR>Overall, the combination of a substantial net loss, declining sales quarter-on-quarter, and compressed margins suggests that the latest results are not favorable for NMDC Steel Ltd. The company continues to grapple with significant profitability challenges despite some positive revenue growth on a year-on-year basis.

Should I buy, sell or hold NMDC Steel Ltd?

Why is NMDC Steel Ltd falling/rising?

As of 05-May, NMDC Steel Ltd's stock price is at 42.58, down 0.61% after a trend reversal. Despite strong recent performance and sales growth, the stock faces long-term challenges, including high debt and declining operating profit, contributing to its perceived risk.

As of 05-May, NMDC Steel Ltd's stock price is currently at 42.58, reflecting a decrease of 0.26 or 0.61%. This decline follows a trend reversal after three consecutive days of gains. Despite the recent drop, the stock has shown strong performance over the past month, with a return of 19.67%, significantly outperforming the Sensex, which only increased by 5.04% during the same period.<BR><BR>The stock's current price is above its moving averages across various time frames, indicating a generally positive trend. However, there has been a notable decrease in investor participation, with delivery volume falling by 27.25% compared to the five-day average, which may contribute to the stock's recent decline.<BR><BR>On a positive note, NMDC Steel has reported strong financial results over the last four quarters, with net sales growing by 75.67% in the latest six months. Additionally, the company has a high inventory turnover ratio, suggesting efficient management of its inventory. Institutional holdings are also robust at 20.71%, indicating confidence from larger investors.<BR><BR>Conversely, the company faces significant long-term challenges, including a negative operating profit and a high debt-to-EBITDA ratio, which raises concerns about its ability to service debt. The average return on capital employed is at 0%, and operating profit has decreased at an annual rate of 37.79% over the past five years. These factors contribute to the perception of the stock as risky, despite its recent short-term performance.<BR><BR>In summary, while NMDC Steel Ltd has shown strong short-term gains and positive sales growth, the recent price drop can be attributed to a trend reversal after previous gains, declining investor participation, and underlying long-term financial weaknesses.

Which are the latest news on NMDC Steel?