NMDC Ltd
NMDCNMDC Ltd
NMDCPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is underpriced but is in the overbought zone
Red flags
LowNo red flag found
How to use scorecard? Learn more
Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
11.76 | 2.78 | 2.97% |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
31.17 | 3.55 | 1.31% |
Forecast & Ratings
Detailed Forecast from 17 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
NMDC Limited is engaged in the mining of iron ore. The Company's business segments include Iron Ore and Other minerals & services.
Get more out of Tickertape, Go Pro!
Customise key metrics, see detailed forecasts, download stock data and more
Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 8,324.57 | 9,738.31 | 12,337.67 | 12,741.63 | 12,390.97 | 15,722.06 | 26,683.31 | 19,672.37 | 22,678.73 | 23,713.59 | ||||||||||
Raw Materials | 9.73 | 5.37 | 17.33 | 52.00 | 36.48 | 42.01 | 106.95 | 70.59 | 20.97 | 14,681.06 | ||||||||||
Power & Fuel Cost | 67.69 | 87.65 | 99.27 | 109.45 | 114.73 | 110.82 | 122.54 | 144.10 | 168.10 | |||||||||||
Employee Cost | 649.81 | 888.75 | 1,049.23 | 1,039.40 | 1,049.36 | 1,085.24 | 1,337.07 | 1,530.57 | 1,625.54 | |||||||||||
Selling & Administrative Expenses | 1,775.04 | 2,538.62 | 3,043.68 | 2,670.77 | 3,131.54 | 3,985.72 | 10,662.55 | 8,492.93 | 10,111.71 | |||||||||||
Operating & Other expenses | 1,454.93 | 1,713.42 | 1,658.30 | 1,357.05 | 1,639.81 | 1,357.00 | 1,111.89 | 1,376.84 | 2,371.84 | |||||||||||
EBITDA | 4,367.37 | 4,504.50 | 6,469.86 | 7,512.96 | 6,419.05 | 9,141.27 | 13,342.31 | 8,057.34 | 8,380.57 | 9,032.53 | ||||||||||
Depreciation/Amortization | 218.02 | 196.65 | 256.63 | 279.04 | 294.93 | 228.54 | 287.74 | 336.18 | 350.66 | 369.50 | ||||||||||
PBIT | 4,149.35 | 4,307.85 | 6,213.23 | 7,233.92 | 6,124.12 | 8,912.73 | 13,054.57 | 7,721.16 | 8,029.91 | 8,663.03 | ||||||||||
Interest & Other Items | 65.65 | 20.78 | 37.10 | 40.32 | 9.88 | 16.81 | 39.06 | 75.23 | 78.24 | 105.63 | ||||||||||
PBT | 4,083.70 | 4,287.07 | 6,176.13 | 7,193.60 | 6,114.24 | 8,895.92 | 13,015.51 | 7,645.93 | 7,951.67 | 8,557.40 | ||||||||||
Taxes & Other Items | 1,537.60 | 1,743.21 | 2,367.67 | 2,575.65 | 2,541.28 | 2,619.28 | 3,587.35 | 2,043.37 | 2,380.80 | 2,478.46 | ||||||||||
Net Income | 2,546.10 | 2,543.86 | 3,808.46 | 4,617.95 | 3,572.96 | 6,276.64 | 9,428.16 | 5,602.56 | 5,570.87 | 6,078.94 | ||||||||||
EPS | 4.53 | 5.04 | 8.49 | 10.47 | 8.23 | 14.78 | 22.70 | 15.82 | 19.01 | 20.74 | ||||||||||
DPS | 7.76 | 3.63 | 3.03 | 3.89 | 3.73 | 5.48 | 10.40 | 6.60 | 7.25 | 7.25 | ||||||||||
Payout ratio | 1.71 | 0.72 | 0.36 | 0.37 | 0.45 | 0.37 | 0.46 | 0.42 | 0.38 | 0.35 |
Company Updates
Peers & Comparison
MaterialsMining - Iron Ore
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
NMDC Ltd | 12.83 | 2.78 | 2.97% |
Lloyds Metals And Energy Ltd | 47.32 | 20.93 | 0.09% |
Price Comparison
Compare NMDC with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding NMDC Ltd
Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
SBI FUNDS MANAGEMENT PVT LTD#SBI MF-SBI CONTRA FUND DIRECT PL GROWTH Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3061% | Percentage of the fund’s portfolio invested in the stock 0.52% | Change in the portfolio weight of the stock over the last 3 months -0.01% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 30/111 (+3) |
Aditya Birla Sun Life PSU Equity Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.3024% | Percentage of the fund’s portfolio invested in the stock 3.96% | Change in the portfolio weight of the stock over the last 3 months 1.33% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 11/47 (+3) |
Mirae Asset Large Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.2883% | Percentage of the fund’s portfolio invested in the stock 0.52% | Change in the portfolio weight of the stock over the last 3 months 0.52% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 68/89 (+17) |
Compare 3-month MF holding change on Screener
smallcases
A smallcase is a basket of stocks/ETFs that represents an idea or theme.Diversify your risk and buy smallcases that have NMDC Ltd
Events
Dividend Trend
No Trend In Dividends
NMDC has shown inconsistent dividend trend over the last 5 years
Dividend Yield
Current dividend yield is 2.97%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹29.72 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 17, 2024
Dividend/Share
₹1.50
Ex DateEx Date
Sep 17, 2024
Cash Dividend
Ex DateEx DateFeb 27, 2024
Dividend/Share
₹5.75
Ex DateEx Date
Feb 27, 2024
Cash Dividend
Ex DateEx DateAug 31, 2023
Dividend/Share
₹2.85
Ex DateEx Date
Aug 31, 2023
Cash Dividend
Ex DateEx DateFeb 24, 2023
Dividend/Share
₹3.75
Ex DateEx Date
Feb 24, 2023
Cash Dividend
Ex DateEx DateFeb 17, 2022
Dividend/Share
₹5.73
Ex DateEx Date
Feb 17, 2022
NMDC Ltd gained for a fifth straight session today. The stock is quoting at Rs 235.09, up 1.44% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.67% on the day, quoting at 24437.6. The Sensex is at 80805, up 0.69%. NMDC Ltd has risen around 3.79% in last one month. Meanwhile, Nifty Metal index of which NMDC Ltd is a constituent, has risen around 0.28% in last one month and is currently quoting at 9133.6, up 0.91% on the day. The volume in the stock stood at 36.38 lakh shares today, compared to the daily average of 133.03 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 236.17, up 1.3% on the day. NMDC Ltd is up 27.73% in last one year as compared to a 18.13% spurt in NIFTY and a 27.97% spurt in the Nifty Metal index.The PE of the stock is 10.59 based on TTM earnings ending September 24.Powered by Capital Market - Live
NMDC announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 12 December 2024 .Powered by Capital Market - Live
NMDC Ltd dropped for a fifth straight session today. The stock is quoting at Rs 221.97, down 1.24% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is down around 0.94% on the day, quoting at 23659.1. The Sensex is at 78018.99, down 0.83%.NMDC Ltd has lost around 6.36% in last one month.Meanwhile, Nifty Metal index of which NMDC Ltd is a constituent, has eased around 10.64% in last one month and is currently quoting at 9078.5, down 2.5% on the day. The volume in the stock stood at 110.5 lakh shares today, compared to the daily average of 125.01 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 222.09, down 1.27% on the day. NMDC Ltd jumped 30.72% in last one year as compared to a 20.25% rally in NIFTY and a 30.31% spurt in the Nifty Metal index.The PE of the stock is 10.66 based on TTM earnings ending June 24.Powered by Capital Market - Live
Profit before tax (PBT) increased 14.97% YoY to Rs 1614.21 crore in Q2 FY25. Total expenses jumped 25.06% to Rs 3665.47 crore in Q2 FY25 as compared with Rs 2930.95 crore in Q2 FY24. Consumption of raw materials stood at Rs 3.51 crore (down 3.31% YoY), employee benefit expenses stood at Rs 418.84 crore (up 6.63% YoY), royalty and other levies was at Rs 1,750.39 crore (up 16.3% YoY), finance cost stood at Rs 29.09 crore (up 56.4% YoY) during the period under review. Meanwhile, the company's board has approved the bonus issue in the proportion of 2 bonus equity shares for every one equity share held (2:1), as on the record date, subject to approval of shareholders of the company. Further, the board has approved to increase authorized share capital of the company from Rs 400 crore divided into 400,00,00,000 equity shares of Rs 1/- each; to Rs 1,000 crore divided into 1000,00,00,000 equity shares of Rs 1/- each, subject to requisite approvals. NMDC is India's single largest iron ore producer, presently producing about 35 million tonnes of iron ore from 3 fully mechanized mines, two located in Chhattisgarh and one in Karnataka. As of September 2024, the Government of India held 60.79% stake in the firm. The counter declined 3.54% to Rs 224.70 on the BSE.Powered by Capital Market - Live
Net profit of NMDC rose 18.06% to Rs 1211.57 crore in the quarter ended September 2024 as against Rs 1026.24 crore during the previous quarter ended September 2023. Sales rose 22.54% to Rs 4918.91 crore in the quarter ended September 2024 as against Rs 4013.98 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales4918.914013.98 23 OPM %28.1729.66 - PBDT1717.331492.87 15 PBT1614.211404.07 15 NP1211.571026.24 18 Powered by Capital Market - Live
NMDC will hold a meeting of the Board of Directors of the Company on 11 November 2024Powered by Capital Market - Live
The company has scheduled a board meeting on Monday, 11 November 2024, to consider Q2 September 2024 results, and the proposal to issue bonus shares to its shareholders, subject to necessary regulatory approvals. NMDC is India's single largest iron ore producer, presently producing about 35 million tonnes of iron ore from 3 fully mechanized mines, two located in Chhattisgarh and one in Karnataka. As of June 2024, the Government of India held 60.79% stake in the firm. On a consolidated basis, net profit of NMDC rose 19.28% to Rs 1970.77 crore on 0.36% rise in net sales to Rs 5414.19 crore in Q1 June 2024 over Q1 June 2023. Powered by Capital Market - Live
NMDC Ltd is up for a third straight session in a row. The stock is quoting at Rs 232.99, up 2.87% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.27% on the day, quoting at 23930.5. The Sensex is at 78546.92, down 0.3%. NMDC Ltd has risen around 1.86% in last one month. Meanwhile, Nifty Metal index of which NMDC Ltd is a constituent, has risen around 4.6% in last one month and is currently quoting at 9242.9, up 2.05% on the day. The volume in the stock stood at 124.47 lakh shares today, compared to the daily average of 118.85 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 233.7, up 2.63% on the day. NMDC Ltd is up 45.3% in last one year as compared to a 23.28% spurt in NIFTY and a 43.62% spurt in the Nifty Metal index.The PE of the stock is 10.75 based on TTM earnings ending June 24.Powered by Capital Market - Live
Iron ore sales in the month of October 2024 stood at 4.03 MT, registering a growth of 17.15% as compared to 3.44 MT recorded in the same period a year ago. Sequentially, the PSU miner's iron ore production jumped by 33.88% and iron ore sales grew by 13.84% in October 2024. NMDC is India's single largest iron ore producer, presently producing about 35 million tonnes of iron ore from 3 fully mechanized mines, two located in Chhattisgarh and one in Karnataka. As of June 2024, the Government of India held 60.79% stake in the firm. The state-owned miner's net profit (from continuing operations) jumped 20.25% to Rs 1,984.19 crore in Q1 FY25 as against Rs 1,650.07 crore posted in Q1 FY24. Revenue from operations fell marginally to 5,377.80 crore in the June quarter as compared with Rs 5,394.66 crore posted in Q1 FY24. The scrip rose 0.88% to Rs 223.55 on the BSE.Powered by Capital Market - Live
NMDC has announced the prices of iron ore with effect from 23 October 2024 as under: Baila Lump (65.5%, 10-40mm) ' Rs 6,350/- Per Ton. Baila Fines (64%, -10 mm) ' Rs 5,410/- Per Ton Note: The above FOR prices are inclusive of Royalty, DMF, NMET and exclusive of Cess, Forest Permit Fee, Transit fee, GST, Environmental Cess and Other Taxes. Powered by Capital Market - Live
Matching Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 12.22%, vs industry avg of 12.22%
Decreasing Market Share
Over the last 5 years, market share decreased from 100% to 77.53%
Matching Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 3.82%, vs industry avg of 3.82%