NMDC Steel Ltd
National Mineral Development Corporation (NMDC), a Navratna Public Sector Enterprise under the Ministry of Steel, Government of India is the single largest producer of iron ore in India. It owns and operates iron ore mines in Chhattisgarh and Karnataka and has its registered office at Hyderabad, Telangana.[1]
- Market Cap ₹ 16,760 Cr.
- Current Price ₹ 57.2
- High / Low ₹ 73.7 / 39.2
- Stock P/E
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE -8.69 %
- ROE -9.59 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -6.29% over last 3 years.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
0 | 0 | 0 | 0 | 3,049 | |
0 | 0 | 0 | 0 | 4,486 | |
Operating Profit | -0 | -0 | -0 | 0 | -1,437 |
OPM % | -47% | ||||
0 | 0 | 0 | 0 | 119 | |
Interest | 0 | 0 | 0 | 0 | 331 |
Depreciation | 0 | 0 | 0 | 0 | 553 |
Profit before tax | -0 | -0 | -0 | 0 | -2,201 |
Tax % | 0% | 0% | 0% | 29% | |
-0 | -0 | -0 | 0 | -1,560 | |
EPS in Rs | |||||
Dividend Payout % | 0% | 0% | 0% | 0% |
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Stock Price CAGR | |
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1 Year: | 32% |
Return on Equity | |
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5 Years: | % |
3 Years: | -6% |
Last Year: | -10% |
Balance Sheet
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Equity Capital | 0 | 0 | 0 | 2,931 | 2,931 |
Reserves | -0 | -0 | -0 | 14,118 | 12,558 |
0 | 0 | 0 | 3,842 | 6,662 | |
0 | 0 | 0 | 4,678 | 7,218 | |
Total Liabilities | 0 | 0 | 0 | 25,568 | 29,368 |
0 | 0 | 0 | 1,118 | 20,273 | |
CWIP | 0 | 0 | 0 | 19,545 | 1,215 |
Investments | 0 | 0 | 0 | 0 | 0 |
0 | 0 | 0 | 4,904 | 7,881 | |
Total Assets | 0 | 0 | 0 | 25,568 | 29,368 |
Cash Flows
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
-0 | -0 | -0 | 1,516 | -2,733 | |
0 | 0 | 0 | -2,189 | -690 | |
0 | 0 | 0 | 1,293 | 2,808 | |
Net Cash Flow | -0 | -0 | 0 | 620 | -614 |
Ratios
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 4 | ||||
Inventory Days | 420 | ||||
Days Payable | 284 | ||||
Cash Conversion Cycle | 141 | ||||
Working Capital Days | 194 | ||||
ROCE % | -200% | -50% | 0% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Directorate
14h - In terms of Order of Ministry of Steel dated 20.03.2023, Shri Dilip Kumar Mohanty has ceased to be a Director on the Board of the …
- Disclosure Under Regulation 30 Read With Schedule-III Of SEBI (LODR) Regulations, 2015 - Revocation Of Suspension Of Shri V. Suresh, Director (Commercial), NMDC Steel. 29 Jun
- Closure of Trading Window 28 Jun
- Entrusting Of Additional Charge Of The Post Of Director (Personnel), NMDC Steel Ltd. To Shri Vinay Kumar, Director (Technical) W.E.F. 01.07.2024. 20 Jun
-
Announcement under Regulation 30 (LODR)-Credit Rating
6 Jun - ICRA Ltd. vide report dated 03.06.2024 has downgraded the long-term rating for Non-Convertible Debentures (NCDs) of NMDC Steel Ltd. Detailed announcement is attached.
Product Portfolio[1]
The product mix of consists of low carbon steel, HSLA & Dual Phase Steel, and API quality steel that can be rolled into thickness range from 1mm to 16 mm. With its capability to roll 1650mm wide HR, the Thin Slab caster at Nagarnar Steel Plant is the widest Mill in the public sector.