NMDC LTD.

NMDC Ltd. (NMDC) is a mid-cap Metals & Mining company valued at ₹63,029 crore operating in Industrial Minerals on the NSE and BSE.

Recent price move

NMDC Ltd. last traded at ₹71.69, modestly up 1.23% on the day.

Recent developments

On 2026-09-28, NMDC commissioned a ₹5,427 crore iron ore processing complex in Chhattisgarh, which includes a new iron ore processing plant, a slurry pipeline, and a pellet plant. On 2026-08-15, the company reported strong Q1 FY27 results with production growth. However, on 2026-08-14, it was noted that while profit surged to ₹2,007 crore, legal risks of ₹28,500 crore raised investor concerns.

Financial performance

NMDC's business has grown significantly, with annual revenue rising 34.2% and net profit increasing 14.3% year-over-year. However, the net profit margin narrowed by 4.0 percentage points to 23.2%, while return on equity remained stable at 21.9%. The latest quarter showed minimal growth, with revenue and net profit rising just 0.8% and 0.4% respectively compared to the same quarter a year earlier.

Valuation multiples

The stock trades at 8.5 times earnings, 2.19 times book value. It yields 3.0%.

Things to watch

NMDC's stock is 26.4% below its 52-week high, and the company faces legal risks totaling ₹28,500 crore. The net profit margin has declined by 4.0 percentage points, and the latest quarter's net profit growth was minimal at 0.4%.

Where it stands

NMDC has seen strong revenue growth over the past year, but its net profit margin has declined. The company's latest quarter results showed only modest growth, and it faces significant legal risks. The stock is currently 26.4% below its 52-week high.

Summarised by DocStoX's model on 2026-10-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.