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.

Are NMDC Steel latest results good or bad?

NMDC Steel's latest results are unfavorable, showing a net loss of ₹114.78 crore in Q2 FY26, a stark contrast to a profit in the previous quarter, despite impressive revenue growth of 122.68%. The significant decline in operating margins and weak return ratios indicate ongoing operational challenges.

NMDC Steel's latest results reflect a challenging situation for the company. In Q2 FY26, NMDC Steel reported a net loss of ₹114.78 crore, a significant decline from a profit of ₹25.56 crore in the previous quarter (Q1 FY26). This swing to a loss highlights operational difficulties despite a notable year-on-year revenue growth of 122.68%, bringing total revenue to ₹3,389.90 crore.<BR><BR>While the revenue growth is impressive, indicating that the company is ramping up production effectively, the operational margins have suffered. The operating margin fell sharply from 12.11% in Q1 FY26 to just 6.11% in Q2 FY26, reflecting increased costs and operational inefficiencies. Additionally, the company's return ratios are weak, with a return on equity (ROE) effectively at zero and a return on capital employed (ROCE) deeply negative.<BR><BR>Overall, while the revenue figures suggest potential, the inability to translate this growth into profitability raises concerns about NMDC Steel's operational efficiency and cost management. The results can be viewed as unfavorable, particularly given the recent loss and declining margins, indicating that the company still faces significant challenges on its path to sustainable profitability.

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.

Should I buy, sell or hold NMDC Steel Ltd?

Which are the latest news on NMDC Steel?

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.

Why is NMDC Steel Ltd falling/rising?

As of 30-Jan, NMDC Steel Ltd's stock price is declining to Rs 42.41, down 2.82%, following a trend reversal after previous gains. Despite recent positive sales growth, the stock's long-term fundamentals are weak, with poor ROCE and high debt levels, contributing to negative investor sentiment.

As of 30-Jan, NMDC Steel Ltd's stock price is falling, currently at Rs 42.41, reflecting a decrease of Rs 1.23 or 2.82%. This decline follows a trend reversal after three consecutive days of gains. The stock has underperformed its sector by 0.8% today, and it reached an intraday low of Rs 41.59, which is a drop of 4.7%.<BR><BR>Despite positive results in the last three quarters, including a significant growth in net sales of 37.7%, the stock faces challenges due to weak long-term fundamental strength. The average Return on Capital Employed (ROCE) is 0%, indicating poor long-term growth potential, and the operating profit has decreased at an annual rate of 37.79% over the past five years. Additionally, the company has a high Debt to EBITDA ratio of -1.00 times, suggesting a low ability to service its debt.<BR><BR>Investor sentiment is also affected by the overall performance of the steel sector, which has fallen by 2.01%. Although there has been a rise in delivery volume, indicating increased investor participation, the stock's liquidity remains cautious, trading at 2% of the five-day average traded value. Overall, these factors contribute to the stock's current decline.