NMDC Ltd

NMDC Limited announced provisional production and sales figures for iron ore for the month and period ending August 2026, reporting a total monthly production of 4.07 MT, up from 3.37 MT in August 2025, and cumulative production of 23.23 MT compared to 18.45 MT for the same period last year. Sales for August 2026 reached 3.58 MT, a rise from 3.39 MT in August 2025, with cumulative sales totaling 18.72 MT, up from 18.37 MT in the corresponding period of the previous year. Production from Chhattisgarh totaled 2.64 MT in August 2026 and 16.42 MT cumulatively, while Karnataka contributed 1.43 MT for the month and 6.81 MT cumulatively.

NMDC Limited announced that Shri Ashish Chatterjee has ceased to be a Government Nominee Director on the company’s board w.e.f. the forenoon of August 24, 2026, as communicated by the Ministry of Steel, Government of India, via Office Memorandum No. S-14011/1/2022-BLA dated August 27, 2026.

NMDC Ltd rose for a fifth straight session today. The stock is quoting at Rs 87.22, up 1.49% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.21% on the day, quoting at 24283.9. The Sensex is at 77674.38, up 0.02%. NMDC Ltd has added around 4.43% in last one month. Meanwhile, Nifty Metal index of which NMDC Ltd is a constituent, has added around 7.47% in last one month and is currently quoting at 13372.3, up 0.27% on the day. The volume in the stock stood at 69.18 lakh shares today, compared to the daily average of 188.54 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 87.94, up 1.97% on the day. NMDC Ltd is up 26.9% in last one year as compared to a 0.89% fall in NIFTY and a 45.57% fall in the Nifty Metal index.The PE of the stock is 10.08 based on TTM earnings ending June 26.

NMDC Limited will hold its 68th Annual General Meeting on September 28, 2026, at 11:30 A.M. (IST) via video conferencing, and has set October 5, 2026, as the record date for determining entitlement to a final dividend of Rs 1 per equity share, subject to approval at the meeting.

NMDC Ltd is up for a third straight session in a row. The stock is quoting at Rs 85.91, up 1.54% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.28% on the day, quoting at 24185.1. The Sensex is at 77288.04, down 0.33%. NMDC Ltd has risen around 2.86% in last one month. Meanwhile, Nifty Metal index of which NMDC Ltd is a constituent, has risen around 6.87% in last one month and is currently quoting at 13172.6, up 1.22% on the day. The volume in the stock stood at 142 lakh shares today, compared to the daily average of 184.81 lakh shares in last one month. The benchmark August futures contract for the stock is quoting at Rs 86.08, up 1.92% on the day. NMDC Ltd is up 21.55% in last one year as compared to a 3.13% drop in NIFTY and a 41.29% drop in the Nifty Metal index.The PE of the stock is 9.94 based on TTM earnings ending June 26.

NMDC Ltd share price declined by 0.69% to Rs 84.38 after the company's net profit eased 0.59% to Rs 2005.71 crore, while revenue from operations plunged by 40.09% to Rs 6795.25 crore in Q2FY26 over Q1FY26. The market capitalization of Industrial Minerals industry group stocks on BSE stood at Rs 2.28 lakh crore, falling 14.42%. It has eased by 4.85% over last one week and moved up slightly by 0.92% in last one month while the market capitalization of NMDC Ltd has slipped by 1.01% and 7.70% in the same period respectively. Profit before tax (PBT) of NMDC Ltd stood at Rs 2690.96 crore in Q2 FY26, rising 1.82% year-on-year, and slipping 6.32% quarter-on-quarter. EBITDA came in at Rs 2121 crore, declining 2.63% YoY and declining 4.07% sequentially. Total expenses tumbled by 49.95% to Rs 4429.84 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 300.15 crore, dropping by 18.19% YoY, while employee benefits expense was at Rs 488.07 crore, tanking by 28.27% YoY. For the TTM ended FY26, revenue from operations grew 12.19% to Rs 23905.52 crore, while net profit registered a growth of 17.36% to Rs 6539.75 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 599071% to Rs 6555.35 crore, and PBT improved 14.98% to Rs 9143.89 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 1894.28 crore in FY26, as against Rs 7393.94 crore in FY25. NMDC Ltd soared by 17.04% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 3.05% during the same period.

NMDC Limited will hold a board meeting on Friday, August 14, 2026, to consider and approve the unaudited financial results (standalone and consolidated) for the quarter ended June 30, 2026, according to a regulatory filing. Trading window for securities of the company will be closed for insiders, including designated persons and their immediate relatives, from July 1, 2026, to August 16, 2026.

NMDC Limited announced provisional production and sales figures for iron ore for the month and period ending July 2026, reporting a total monthly production of 4.06 MT and sales of 3.46 MT, compared to 3.09 MT and 3.40 MT, respectively, in the previous month. Cumulatively, the company’s production reached 19.16 MT and sales totaled 15.15 MT for the period up to July 2026, against 15.09 MT and 14.98 MT for the same period last year. Production from Chhattisgarh amounted to 2.55 MT and 13.78 MT cumulatively, while Karnataka contributed 1.51 MT and 5.38 MT respectively. The detailed information is also available on the company's website.

The state-owned miner cut the price of Baila Lump (65.5%, 10-40 mm) by Rs 250 per tonne to Rs 5,450 per tonne in July'26 from Rs 5,700 per tonne in June'26. It also reduced the price of Baila Fines (64%, -10 mm) by Rs 150 per tonne to Rs 4,700 per tonne from Rs 4,850 per tonne. Meanwhile, the foreign broker said the effective price reduction, including taxes and charges, works out to Rs 310 per tonne for lumps and Rs 190 per tonne for fines. Accordingly, the revised prices, including taxes and charges, are Rs 6,745 per tonne for lump ore and Rs 5,815 per tonne for fines. The brokerage noted that the price cut was largely in line with market expectations, citing continued weakness in global iron ore prices. It said seaborne iron ore prices have softened as increased supply has coincided with weaker demand from China, putting pressure on benchmark prices. NMDC is engaged in the exploration and production of iron ore along with diamond production and the sale of sponge iron and the generation and sale of wind power. The company reported a 35.03% jump in standalone net profit to Rs 2,020.13 crore on a 60.69% jump in revenue from operations to Rs 11,173.14 crore in Q4 FY26 over Q4 FY25.Powered by Capital Market - Live

Iron ore sales rose 11.17% YoY to 3.98 MT in June 2026 as against 3.58 MT in June 2025. Iron ore production in the Chhattisgarh division jumped 57.02% YoY to 3.58 MT in June 2026, while sales increased 19.23% YoY to 2.79 MT from 2.34 MT in June 2025. The Karnataka division reported a 21.71% YoY increase in production to 1.57 MT in June 2026. However, sales declined 4.03% YoY to 1.19 MT, compared with 1.24 MT in June 2025. NMDC is engaged in the exploration and production of iron ore along with diamond production and the sale of sponge iron and the generation and sale of wind power. The company reported a 35.03% jump in standalone net profit to Rs 2,020.13 crore on a 60.69% jump in revenue from operations to Rs 11,173.14 crore in Q4 FY26 over Q4 FY25.Powered by Capital Market - Live