NMDC Steel

Which are the latest news on NMDC Steel?

Why is NMDC Steel Ltd falling/rising?

As of 05-Sep, NMDC Steel Ltd's stock price is at 46.04, showing a 1.32% increase after a trend reversal. Despite a recent weekly decline, the stock has performed well over the month and year, supported by strong financial growth and positive investor sentiment, although a significant drop in delivery volume raises some concerns.

As of 05-Sep, NMDC Steel Ltd's stock price is rising, currently at 46.04, reflecting an increase of 0.6 or 1.32%. This upward movement follows a trend reversal after four consecutive days of decline, indicating a potential shift in market sentiment. The stock has outperformed its sector by 0.3% today, which may contribute to renewed investor interest.<BR><BR>Despite a recent decline of 6.21% over the past week, the stock has shown a positive performance over the past month, gaining 4.78%, and has generated a return of 10.33% over the past year. Additionally, the company has reported strong financial growth, with net sales increasing at an annual rate of 111.50% and a significant rise in operating profit. The positive results over the last six consecutive quarters, including a 116.46% growth in profit after tax, further bolster investor confidence.<BR><BR>Moreover, the stock is trading at a discount compared to its peers, and its attractive valuation, alongside high institutional holdings at 21.27%, suggests that knowledgeable investors are optimistic about the company's fundamentals. However, it is worth noting that there has been a significant drop in delivery volume, which fell by 82.03% against the five-day average, indicating a potential concern regarding investor participation. Nonetheless, the overall positive financial indicators and recent price performance suggest that the stock is currently on an upward trajectory.

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 government nominees Sukriti Likhi and Abhijit Narendra. They oversee the company's operations and strategic direction.

The management team of NMDC Steel includes the following key members:<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.

What does NMDC Steel do?

NMDC Steel Ltd is a Central Public Sector Undertaking in India that produces quality steel, with a market capitalization of INR 13,619 Cr and a net profit of 51 Cr as of June 2026. The company has a P/E ratio of 162.00 and operates within the Ferrous Metals industry.

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 was incorporated as a listed entity under the Ministry of Steel, Government of India. The latest quarterly results reported are for June 2026, showcasing the company's ongoing operations.<BR><BR>Financial Snapshot:<BR>Net Sales: 3,662 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 51 Cr (Quarterly Results - Jun 2026) <BR>Market-cap: INR 13,619 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 162.00 <BR>Industry P/E: 25 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.29 <BR>Return on Equity: 0.64% <BR>Price to Book: 1.09 <BR><BR>Contact Details:<BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

Who are the peers of the NMDC Steel?

Peers of NMDC Steel include SAIL, Jindal Steel, KIOCL, Sarda Energy, Kirl. Ferrous, Indian Metals, Jai Balaji Inds., Sunflag Iron, and Maithan Alloys. NMDC Steel shows excellent growth and average management risk, with a 1-year return of 22.51%, lower than SAIL's 65.87% but higher than Jai Balaji Inds.' -30.12%.

Peers: The peers of NMDC Steel are SAIL, Jindal Stain., KIOCL, Sarda Energy, Kirl. Ferrous, Indian Metals, Jai Balaji Inds., Sunflag Iron, and Maithan Alloys.<BR><BR>Quality Snapshot: Excellent management risk is observed at Jindal Stain. and Kirl. Ferrous, while Average management risk is found at SAIL, Sarda Energy, NMDC Steel, Indian Metals, Jai Balaji Inds., Sunflag Iron, and Maithan Alloys, and the rest. Growth is Excellent at NMDC Steel and Jindal Stain., Good at Sarda Energy, Jai Balaji Inds., and Kirl. Ferrous, while Below Average growth is seen at SAIL, KIOCL, Indian Metals, Sunflag Iron, and Maithan Alloys. Capital Structure is Excellent at Indian Metals and Maithan Alloys, Good at Jindal Stain., Sarda Energy, and Kirl. Ferrous, while Below Average capital structure is noted for SAIL, KIOCL, NMDC Steel, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is SAIL at 65.87%, while the lowest is Jai Balaji Inds. at -30.12%. NMDC Steel's 1-year return of 22.51% is significantly higher than Jai Balaji Inds. and lower than SAIL. Additionally, KIOCL, Sarda Energy, and Kirl. Ferrous have negative six-month returns.

How big is NMDC Steel?

As of 31st August, NMDC Steel Ltd has a market capitalization of 13,619.00 Cr, with net sales of 13,938.43 Cr and a net profit of 83.67 Cr reported in the latest four quarters. The company has shareholder's funds of 13,114.48 Cr and total assets of 26,871.74 Cr for the annual period ending in March 2025.

As of 31st August, NMDC Steel Ltd has a market capitalization of 13,619.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, NMDC Steel reported net sales of 13,938.43 Cr and a net profit of 83.67 Cr.<BR><BR>For the latest annual period ending in March 2025, the company had shareholder's funds amounting to 13,114.48 Cr and total assets of 26,871.74 Cr.

Should I buy, sell or hold NMDC Steel Ltd?

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