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 ₹ 10,521 Cr.
- Current Price ₹ 35.9
- High / Low ₹ 69.0 / 28.4
- 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 -3.73% over last 3 years.
- Contingent liabilities of Rs.3,494 Cr.
- 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
Part of BSE CPSE Nifty 500 BSE SmallCap BSE Allcap BSE Commodities
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 3,049 | 7,511 | |
| 0 | 0 | 0 | 0 | 4,485 | 9,964 | |
| Operating Profit | -0 | -0 | 0 | 0 | -1,436 | -2,453 |
| OPM % | -47% | -33% | ||||
| 0 | 0 | 0 | 0 | 119 | 142 | |
| Interest | 0 | 0 | 0 | 0 | 331 | 635 |
| Depreciation | 0 | 0 | 0 | 0 | 553 | 985 |
| Profit before tax | -0 | -0 | 0 | 0 | -2,201 | -3,931 |
| Tax % | 0% | 0% | -29% | |||
| -0 | -0 | 0 | 0 | -1,560 | -2,761 | |
| EPS in Rs | ||||||
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 524% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -295% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -44% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -4% |
| Last Year: | -10% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.06 | 0.06 | 0.00 | 2,931 | 2,931 | 2,931 |
| Reserves | -0 | -0 | 17,049 | 14,118 | 12,558 | 11,415 |
| 0 | 0 | 1,691 | 3,842 | 6,662 | 6,513 | |
| 0 | 0 | 1,765 | 4,678 | 7,218 | 8,157 | |
| Total Liabilities | 0 | 0 | 20,504 | 25,568 | 29,368 | 29,016 |
| 0 | 0 | 1,132 | 1,118 | 20,273 | 20,063 | |
| CWIP | 0 | 0 | 17,038 | 19,545 | 1,215 | 1,076 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 2,334 | 4,904 | 7,881 | 7,877 | |
| Total Assets | 0 | 0 | 20,504 | 25,568 | 29,368 | 29,016 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| -0 | -0 | 743 | 1,516 | -2,733 | |
| 0 | 0 | -1,891 | -2,189 | -690 | |
| 0 | 0 | 1,144 | 1,293 | 2,808 | |
| Net Cash Flow | -0 | -0 | -4 | 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% | 0% | 0% | -9% |
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 11 Apr
-
Disclosure Under Regulation 31(4) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011.
4 Apr - Disclosure of shareholding by the President of India.
-
Announcement under Regulation 30 (LODR)-Change in Management
4 Apr - Additional charge of Director (Finance) assigned.
-
Closure of Trading Window
30 Mar - Closure of trading window for insiders.
-
Announcement under Regulation 30 (LODR)-Change in Management
6 Mar - Appointment of Amitava Mukherjee as Chairman & Managing Director.
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.