NMDC Steel

Why is NMDC Steel Ltd falling/rising?

As of 07-Aug, NMDC Steel Ltd's stock price is at 43.89, down 1.97%, underperforming its sector. Despite increased investor participation, concerns over high debt levels and short-term weakness relative to moving averages contribute to the stock's decline.

As of 07-Aug, NMDC Steel Ltd's stock price is currently at 43.89, reflecting a decrease of 0.88 or 1.97%. This decline can be attributed to its performance today, where it underperformed the sector by 2.22%. Despite showing higher prices than the 5-day, 20-day, 100-day, and 200-day moving averages, the stock is lower than the 50-day moving average, indicating a potential short-term weakness.<BR><BR>Investor participation has increased, with a delivery volume of 22.31 lacs on 06 August, which is up by 44.41% compared to the 5-day average. However, this positive aspect is overshadowed by the stock's current performance and its inability to maintain momentum in the face of sector performance.<BR><BR>While the company has demonstrated healthy long-term growth with significant increases in net sales and operating profit, the stock's year-to-date performance is down by 0.84%, contrasting with the broader market's decline of 7.89%. Additionally, the company's high Debt to EBITDA ratio of 3.04 times raises concerns about its ability to service debt, which could be contributing to investor caution and the stock's current downward trend.

Which are the latest news on NMDC Steel?

Should I buy, sell or hold NMDC Steel Ltd?

What does NMDC Steel do?

NMDC Steel Ltd is a Central Public Sector Undertaking in India focused on steel production, with a recent net sales of ₹3,879 Cr and a net profit of ₹392 Cr for March 2026. It has a market cap of ₹14,328 Cr and operates within the Small Cap category.

Overview:<BR>NMDC Steel Ltd is a Central Public Sector Undertaking engaged in the production of quality steel, operating within the Ferrous Metals industry and categorized as a Small Cap company.<BR><BR>History:<BR>NMDC Steel Ltd is a listed entity under the Ministry of Steel, Government of India, representing a strategic initiative to enhance the nation's steel production capabilities. The latest quarterly results reported are for March 2026, showing significant sales and profit figures.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 3,879 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 392 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 14,328 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 236.00 <BR>Industry P/E: 26 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.29 <BR>Return on Equity: 0.45% <BR>Price-to-Book: 1.10 <BR><BR>Contact Details:<BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

How big is NMDC Steel?

As of 10th June, NMDC Steel Ltd has a market capitalization of 14,328.00 Cr, with recent net sales of 13,641.81 Cr and a net profit of 58.72 Cr.

As of 10th June, NMDC Steel Ltd has a market capitalization of 14,328.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest 4 quarters, NMDC Steel reported Net Sales of 13,641.81 Cr and a Net Profit of 58.72 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 13,114.48 Cr and Total Assets of 26,871.74 Cr.

Who are in the management team of NMDC Steel?

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

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 from the Government of India<BR>4. Abhijit Narendra - Nominee from the 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 the company.

Who are the peers of the NMDC Steel?

Peers of NMDC Steel include Lloyds Metals, SAIL, Jindal Steel, KIOCL, Sarda Energy, Indian Metals, Kirl. Ferrous, Sunflag Iron, and Jai Balaji Industries. NMDC Steel has excellent growth but a below-average capital structure, with a 1-year return of 13.59%, lower than Indian Metals' 90.65% but higher than Jai Balaji's -38.49%.

Peers: The peers of NMDC Steel are Lloyds Metals, SAIL, Jindal Stain., KIOCL, Sarda Energy, Indian Metals, Kirl. Ferrous, Sunflag Iron, Jai Balaji Inds.<BR><BR>Quality Snapshot: Excellent management risk is observed at Lloyds Metals, Jindal Stain., and Kirl. Ferrous, while Average management risk is found at SAIL, Sarda Energy, NMDC Steel, Indian Metals, Sunflag Iron, Jai Balaji Inds., and Maithan Alloys. Good growth is seen at Lloyds Metals, Jindal Stain., Sarda Energy, and Jai Balaji Inds., while Excellent growth is noted for NMDC Steel, and the rest have Below Average growth. Excellent capital structure is present at Lloyds Metals, Indian Metals, and Kirl. Ferrous, while Below Average capital structure is noted for NMDC Steel, and the rest have Average or Good capital structures.<BR><BR>Return Snapshot: Indian Metals has the highest 1-year return at 90.65%, while Jai Balaji Inds. has the lowest at -38.49%. NMDC Steel's 1-year return of 13.59% is significantly lower than that of Indian Metals but higher than Jai Balaji Inds. Additionally, Kirl. Ferrous and Jai Balaji Inds. have negative six-month returns.

Are NMDC Steel Ltd latest results good or bad?

NMDC Steel Ltd's latest Q4 FY26 results are positive, with a net profit of ₹391.91 crore and record-high revenue of ₹3,879 crore, reflecting significant operational improvement. However, concerns remain about the sustainability of these margins and consistent profitability in the future.

NMDC Steel Ltd's latest results for Q4 FY26 can be considered quite positive. The company reported a net profit of ₹391.91 crore, marking a significant turnaround from previous losses. This is a notable achievement, especially as the company had struggled with operational losses throughout FY25.<BR><BR>Additionally, the revenue for the quarter grew impressively by 36.67% year-on-year and 28.97% quarter-on-quarter, reaching ₹3,879 crore, which is the highest quarterly revenue in the company's history. The operating margin also reached a record high of 20.77%, a substantial improvement from the previous quarter's margin of 3.24%.<BR><BR>The overall financial performance indicates that NMDC Steel is stabilizing its operations and improving its profitability metrics, which is encouraging for investors. However, while the results are strong, there are still concerns regarding the sustainability of these margins and the company's ability to maintain consistent profitability moving forward.

When is the next results date for NMDC Steel Ltd?

The next results date for NMDC Steel Ltd is 29 May 2026.

The next results date for NMDC Steel Ltd is scheduled for 29 May 2026.

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.

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 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 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%.

Has NMDC Steel declared dividend?

No Dividend History Available