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?

Which are the latest news on NMDC Steel?

Why is NMDC Steel Ltd falling/rising?

As of 17-Mar, NMDC Steel Ltd's stock price is rising to Rs 36.97, indicating a potential trend reversal after previous declines. However, it faces challenges such as underperformance in its sector, declining investor participation, and weak long-term fundamentals.

As of 17-Mar, NMDC Steel Ltd's stock price is rising, currently at Rs 36.97, reflecting an increase of Rs 1.06 or 2.95%. This rise comes after two consecutive days of decline, indicating a potential trend reversal. The stock reached an intraday high of Rs 37.1, which is a 3.31% increase from its previous close. <BR><BR>Despite this positive movement today, the stock has underperformed its sector by 0.29%. Over the past week, NMDC Steel has seen a decline of 1.78%, while the benchmark Sensex fell by 2.73%. In the last month, the stock has decreased by 7.85%, compared to an 8.84% drop in the Sensex. Year-to-date, NMDC Steel's performance shows a significant decline of 16.47%, while the Sensex has only decreased by 10.74%. <BR><BR>The company has reported positive results for the last four consecutive quarters, with net sales growing by 75.67% in the latest six months. Additionally, it has a high inventory turnover ratio of 4.00 times, indicating efficient management of inventory. However, the stock is trading below all its moving averages, suggesting a bearish trend in the longer term.<BR><BR>Investor participation has been declining, with delivery volume falling by 21.8% against the five-day average, which may indicate reduced confidence among investors. Furthermore, while the stock has generated a return of 11.02% over the past year, the company's profits have decreased by 52%, highlighting a concerning disparity between stock performance and profitability.<BR><BR>In summary, while NMDC Steel Ltd's stock is currently rising, it faces significant challenges, including weak long-term fundamentals and declining investor participation, which could impact its future performance.

Why is NMDC Steel Ltd falling/rising?

As of 18-Mar, NMDC Steel Ltd's stock price is rising by 0.6%, following a two-day gain of 3.76%. However, concerns about long-term fundamentals, including a 0% average ROCE and a high Debt to EBITDA ratio, suggest caution for investors.

As of 18-Mar, NMDC Steel Ltd's stock price is currently rising, with a change of 0.22 (0.6%) upwards. This increase follows a trend where the stock has gained for the last two days, accumulating a total return of 3.76% during this period. However, despite this recent uptick, the stock has underperformed its sector by 0.35% today and has shown a decline of 1.46% over the past week.<BR><BR>The company has reported positive results for the last four consecutive quarters, with net sales growing significantly by 75.67% over the latest six months. Additionally, the inventory turnover ratio is at its highest, indicating efficient management of inventory. The presence of high institutional holdings at 20.48% suggests that knowledgeable investors are backing the stock, which can provide some stability.<BR><BR>Nonetheless, there are significant concerns regarding the long-term fundamentals of the company. The average Return on Capital Employed (ROCE) is at 0%, and the operating profit has decreased at an annual rate of -37.79% over the last five years. Furthermore, the company has a high Debt to EBITDA ratio of -1.00 times, indicating a low ability to service its debt. This combination of weak long-term growth and negative operating profits raises risks for investors.<BR><BR>In summary, while NMDC Steel Ltd is experiencing a short-term rise in stock price, the underlying fundamentals suggest caution due to long-term weaknesses and risks associated with the company's financial health.

Why is NMDC Steel Ltd falling/rising?

As of 19-Mar, NMDC Steel Ltd's stock price is at Rs 36.15, down 2.8%, following a trend reversal after two days of gains. Despite positive quarterly results, concerns over long-term growth and high debt are contributing to the stock's decline.

As of 19-Mar, NMDC Steel Ltd's stock price is falling, currently at Rs 36.15, reflecting a decrease of Rs 1.04 or 2.8%. This decline follows a trend reversal after two consecutive days of gains. The stock has underperformed compared to the broader market, with a 1-week decline of 4.69% against the Sensex's 2.40% drop. Over the past month, NMDC Steel's stock has decreased by 7.19%, while the Sensex has fallen by 10.05%. Year-to-date, the stock is down 18.32%, compared to a 12.92% decline in the Sensex.<BR><BR>Today's performance indicates that the stock has outperformed its sector by 0.48%, but it has also touched an intraday low of Rs 35.92, marking a 3.41% drop. Additionally, NMDC Steel is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. There has also been a notable decrease in investor participation, with delivery volume falling by 14.04% compared to the 5-day average.<BR><BR>Despite the company declaring positive results over the last four quarters, including a significant growth in net sales and a high inventory turnover ratio, it faces challenges such as weak long-term fundamental strength, a negative operating profit, and a high debt-to-EBITDA ratio. These factors contribute to the stock's current decline, as investors may be concerned about the company's long-term growth potential and ability to service its debt.

Why is NMDC Steel Ltd falling/rising?

As of 20-Mar, NMDC Steel Ltd's stock price is rising to 36.79, despite underperforming its sector and having concerns about long-term fundamentals, including a weak ROCE and high Debt to EBITDA ratio. The company has shown significant net sales growth, but declining profits and operating performance raise risks for investors.

As of 20-Mar, NMDC Steel Ltd's stock price is rising, currently at 36.79, reflecting an increase of 0.72 (2.0%). This rise comes despite the stock underperforming its sector by -0.94% today and trading lower than its moving averages across various time frames. However, the company has reported positive results for the last four consecutive quarters, with net sales growing significantly by 75.67% over the latest six months. Additionally, the high institutional holdings at 20.48% indicate confidence from larger investors who typically have better resources for analyzing company fundamentals.<BR><BR>Despite these positive factors, there are significant concerns regarding the company's long-term fundamentals, including a weak average Return on Capital Employed (ROCE) of 0% and a high Debt to EBITDA ratio of -1.00 times. Furthermore, the stock has shown a decline in operating profit at an annual rate of -37.79% over the last five years, and profits have fallen by -52% over the past year, which contributes to the perception of risk associated with the stock. Overall, while the stock is currently rising, the underlying fundamentals present a mixed outlook.

Why is NMDC Steel Ltd falling/rising?

As of 23-Mar, NMDC Steel Ltd's stock price is declining, currently at Rs 34.23, down 6.96%. This drop is due to underperformance compared to its sector, trading below moving averages, and weak financial fundamentals, including negative operating profits and a significant decline in profits over the past year.

As of 23-Mar, NMDC Steel Ltd's stock price is falling, currently at Rs 34.23, which reflects a decrease of Rs 2.56 or 6.96%. This decline can be attributed to several factors highlighted in the source data. <BR><BR>Firstly, the stock has underperformed its sector, with a performance today that is 1.8% lower than the sector average. Additionally, the stock reached an intraday low of Rs 34.05, marking a significant drop of 7.45%. The trading activity indicates that more volume was traded close to this low price, suggesting a lack of investor confidence.<BR><BR>Moreover, NMDC Steel is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend. The broader steel sector has also experienced a decline of 5.17%, contributing to the negative sentiment surrounding the stock.<BR><BR>Despite some positive indicators, such as strong net sales growth and high institutional holdings, the company faces significant long-term challenges. The average Return on Capital Employed (ROCE) is at 0%, and the operating profit has decreased at an annual rate of 37.79% over the last five years. Additionally, the stock has shown a negative return of 5.96% over the past year, while profits have fallen by 52%, indicating weak financial health.<BR><BR>In summary, the combination of poor short-term performance, negative operating profits, and weak long-term fundamentals are key reasons for the decline in NMDC Steel Ltd's stock price.

Why is NMDC Steel Ltd falling/rising?

As of 24-Mar, NMDC Steel Ltd's stock price is rising by 2.25% today, despite a decline of 5.33% over the past week and long-term challenges including weak fundamentals and a -3.63% return over the past year. Increased investor interest and positive quarterly results contrast with these underlying issues.

As of 24-Mar, NMDC Steel Ltd's stock price is currently rising, as indicated by a change of 0.77, or 2.25%, in its price. This upward movement occurs despite the stock's recent performance, which shows a decline of 5.33% over the past week and 9.47% over the past month. However, today's performance aligns with the sector, which has gained by 2.53%. <BR><BR>Additionally, there has been a significant increase in investor participation, with delivery volume rising by 588.65% against the 5-day average, suggesting heightened interest in the stock. The company has also reported positive results for the last four consecutive quarters, with net sales growing by 75.67% in the latest six months and a high inventory turnover ratio of 4.00 times, indicating efficient management of inventory.<BR><BR>Despite these positive indicators, the stock faces challenges due to weak long-term fundamentals, including an average Return on Capital Employed (ROCE) of 0% and a high Debt to EBITDA ratio of -1.00 times. The stock has underperformed in the long term, generating a return of -3.63% over the past year, while profits have fallen by -52%. <BR><BR>In summary, while NMDC Steel Ltd is experiencing a rise in stock price today, this is juxtaposed against a backdrop of overall poor performance and long-term challenges.

Why is NMDC Steel Ltd falling/rising?

As of 25-Mar, NMDC Steel Ltd's stock price has risen by 0.34 (0.97%) to 35.24, following two days of gains totaling 2.95%. However, the stock underperforms its sector and shows weak long-term fundamentals, indicating that investors should be cautious.

As of 25-Mar, NMDC Steel Ltd's stock price is currently rising, having increased by 0.34 (0.97%) to a price of 35.24. This rise follows a trend of consecutive gains over the last two days, during which the stock has returned 2.95%. However, it is important to note that despite this recent uptick, the stock has underperformed its sector by 1.6% today and is trading below its moving averages across various timeframes, indicating a weaker performance relative to historical trends.<BR><BR>The company has reported positive results for the last four consecutive quarters, with net sales growing significantly by 75.67% over the latest six months. Additionally, the high inventory turnover ratio of 4.00 times suggests efficient management of inventory. The presence of high institutional holdings at 20.48% indicates that more sophisticated investors are backing the company, which may provide some stability.<BR><BR>Despite these positive indicators, there are significant concerns regarding the company's long-term fundamentals. The average Return on Capital Employed (ROCE) is at 0%, and the operating profit has decreased at an annual rate of -37.79% over the last five years. Furthermore, the company has a high Debt to EBITDA ratio of -1.00 times, indicating a low ability to service its debt, which adds to the risk associated with the stock.<BR><BR>In summary, while NMDC Steel Ltd is experiencing a short-term rise in stock price, the overall context of weak long-term fundamentals and recent underperformance against its sector suggests that investors should remain cautious.