What is NMDC Ltd (NMDC) share price return in the past 10 years?

NMDC Ltd share price has appreciated 12% annually (CAGR) over the past ten years.

What is the share price of NMDC Ltd (NMDC)?

Company share prices are keep on changing according to the market conditions. The current trading price of NMDC Ltd (NMDC) on 05-Jun-2026 10:29:00 at 10:29 is 93.61.

What is the P/E ratio of NMDC?

The latest standalone P/E ratio of NMDC as of 05-Jun-2026 is 11.22.

What is the P/B ratio of NMDC Ltd (NMDC)?

The latest standalone P/B ratio of NMDC Ltd (NMDC) as of 05-Jun-2026 is 2.46.

What is the 52-week high and low of NMDC Ltd (NMDC)?

The 52-week high of NMDC Ltd (NMDC) is Rs. 97.49 and the 52-week low is Rs. 66.79.

NMDC Ltd (NMDC) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: NMDC Ltd (NMDC)
Brand: NMDC

Key Metrics

Valuation Multiples

Market Cap

₹83,259 Cr.

Current Price

₹93.6

52-Week Low / High

₹67 / 97

TTM EPS

₹8.5

TTM Sales

₹32,071 Cr.

Book Value per Share

₹38.7

P/E Ratio

11.18

Higher than its 5-year historical median

Industry PE

15.9

Price to Book (P/B)

2.44

Higher than its 5-year historical median

Price to Sales (P/S)

2.60

In line with its 5-year historical median

EV/EBITDA

7.23

Higher than its 5-year historical median

Dividend Yield

4.79%

Profitability Efficiency

Return on Equity (ROE)

23.63%

In line with industry median

Return on Capital Employed (ROCE)

29.84%

In line with industry median

Return on Assets (ROA)

14.40%

Operating Profit Margin

34.1%

Net Profit Margin

27.36%

Gross Profit Margin

40%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Improving versus 3-year growth rate

12.19%

Operating Profit Growth (1 Year)

Improving versus 3-year growth rate

11.73%

Net Profit Growth (1 Year)

Improving versus 3-year growth rate

17.36%

Asset Quality

Promoter Holding

60.79%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹33,183 Cr.

Equity

₹879.2 Cr.

Face Value

₹1

All Time Low / High

₹0.13 / 190.60

NMDC stock performance

Key Ratios

Check Before You Invest

Quality

Very Good

Check detailed performance

Valuation

Somewhat Overvalued

Check Valuation charts

Price Trend

Strong

Check Price chart

Q.1 Is NMDC Ltd a good quality company?

NMDC Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does NMDC Ltd performance compare with that of its Peers?

Q.1 Revenue growth of NMDC Ltd vs industry peers?

NMDC Ltd revenue CAGR is 15.36%, compared to the industry median CAGR of 15.36%, indicating stable growth and maintaining its market share.

Q.1 Promoter shareholding and pledge status of NMDC Ltd?

Promoters hold 60.79% of the NMDC Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of NMDC Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 11.1% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	13.2%	16.2%	26.2%	28.2%	22.4%	29.7%	50.5%	34.7%	29.9%	29.8%	-
Value Creation Index ⓘ	0.2	0.4	1.3	1.5	1.0	1.6	3.5	2.1	1.7	1.7	-
Growth Parameters ⓘ
Sales ⓘ	6,456	8,828	11,615	12,153	11,699	15,370	25,965	17,667	21,308	23,906	32,071
Sales YoY Gr.	-	36.8%	31.6%	4.6%	-3.7%	31.4%	68.9%	-32%	20.6%	12.2%	-
Adj EPS ⓘ	2.3	2.7	3.9	5	4	7.1	10.7	5.4	6.6	7.4	8.5
YoY Gr.	-	19.1%	45.9%	28.6%	-21.3%	80.3%	50.3%	-49.8%	21.9%	13.2%	-
BVPS (₹) ⓘ	24.5	23.8	25.7	28.4	30.1	34	20.5	25.7	29.2	33.8	38.7
Adj Net Profit ⓘ	2,677	2,544	3,708	4,620	3,642	6,277	9,430	4,735	5,774	6,542	7,447
Cash Flow from Ops. ⓘ	2,502	2,109	3,376	4,002	2,126	7,266	6,942	1,838	7,394	1,894	-
Debt/CF from Ops. ⓘ	0.6	0	0.2	0.1	0.3	0.3	0.3	1.2	0.5	2	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	15.7%	15.4%	-2.7%	12.2%
Adj EPS ⓘ	14.2%	13.4%	-11.5%	13.2%
BVPSⓘ	3.6%	2.3%	18.1%	15.8%
Share Price	12%	7.8%	37.1%	32.1%

Key Financial Parameters ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	8.7	9.8	15.8	18.3	13.6	21.8	39.4	23.3	23.9	23.6	23.4
Op. Profit Mgn % ⓘ	42.5	40.7	50	57	51.3	57.2	48.6	34.3	34.2	34.1	28.9
Net Profit Mgn % ⓘ	43.9	29.3	31.9	38.2	31.4	40.7	36.4	26.4	27.1	27.4	23.2
Debt to Equity ⓘ	0.1	0	0	0	0	0.1	0.1	0.1	0.1	0.1	0
Working Cap Days ⓘ	842	534	381	379	434	325	220	445	403	382	143
Cash Conv. Cycle ⓘ	72	37	43	47	62	52	43	107	102	118	89

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	6,456	8,828	11,615	12,153	11,699	15,370	25,965	17,667	21,308	23,906
Operating Expenses ⓘ +	3,714	5,233	5,812	5,228	5,697	6,581	13,340	11,614	14,015	15,757
Manufacturing Costs	1,430	2,073	2,707	2,595	2,664	3,526	10,698	8,635	10,281	10,848
Material Costs	73	104	-21	-27	-17	-120	-1,052	-426	-72	309
Employee Cost	650	889	1,049	1,039	1,049	1,085	1,337	1,531	1,626	1,795
Other Costs ⓘ	1,561	2,167	2,077	1,621	2,001	2,089	2,358	1,874	2,180	2,805
Operating Profit ⓘ	2,742	3,595	5,803	6,924	6,002	8,789	12,624	6,053	7,293	8,149
Operating Profit Margin (%)	42.5%	40.7%	50.0%	57.0%	51.3%	57.2%	48.6%	34.3%	34.2%	34.1%
Other Income ⓘ +	1,811	910	523	589	514	352	719	768	1,371	1,593
Exceptional Items ⓘ	-185	0	144	0	-96	0	0	1,237	-282	0
Interest ⓘ	66	21	37	40	10	17	39	75	78	178
Depreciation ⓘ	218	197	257	279	295	229	288	336	351	420
Profit Before Tax ⓘ	4,084	4,288	6,177	7,194	6,115	8,896	13,016	7,647	7,953	9,144
Tax ⓘ	1,380	1,704	2,373	2,557	2,513	2,648	3,575	2,108	2,380	2,604
Profit After Tax	2,704	2,584	3,803	4,637	3,602	6,247	9,441	5,538	5,572	6,540
PAT Margin (%)	41.9%	29.3%	32.7%	38.2%	30.8%	40.6%	36.4%	31.4%	26.2%	27.4%
Adjusted EPS (₹)	2.1	2.7	4.0	5.0	3.9	7.1	10.7	6.4	6.3	7.4
Dividend Payout Ratio (%)	171.30%	64.10%	35.70%	36.60%	45.30%	36.20%	45.80%	34.50%	38.10%	44.40%

Valuation of NMDC - Consolidated

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	29,180	22,582	24,417	26,044	27,673	29,884	18,018	22,621	25,656	29,696
Share Capital ⓘ	396	316	316	306	306	293	293	293	293	879
Reserves ⓘ	28,784	22,266	24,101	25,738	27,367	29,591	17,725	22,328	25,363	28,817
Debt +	1,497	0	500	364	566	1,994	1,793	2,121	3,357	3,770
Long Term Debt	0	0	0	0	0	524	0	0	0	0
Short Term Debt	1,497	0	500	364	566	1,471	1,793	2,121	3,357	3,770
Minority Interest	17	15	15	14	8	14	13	14	17	11
Trade Payables	325	199	160	203	226	361	665	426	413	321
Others Liabilities ⓘ	9,737	9,397	9,000	9,483	8,720	8,456	11,758	12,731	12,841	14,752
Total Liabilities ⓘ	40,756	32,193	34,092	36,108	37,193	40,709	32,247	37,913	42,283	48,551
Fixed Assets
Net Fixed Assets ⓘ +	2,058	2,095	3,457	3,512	3,810	3,933	3,662	3,199	3,377	5,038
Gross Block	2,312	2,550	4,157	4,474	5,274	5,613	5,515	5,364	5,361	7,386
Accumulated Depreciation	254	455	700	962	1,464	1,680	1,853	2,165	1,985	2,347
CWIP ⓘ	9,747	11,855	12,545	13,819	15,530	17,158	1,333	1,998	3,235	4,737
Investments ⓘ	594	612	673	859	910	878	901	940	956	978
Inventories	622	540	572	666	724	922	2,125	2,661	2,767	2,638
Trade Receivables	796	1,044	1,473	1,425	2,224	2,140	2,954	4,361	3,509	7,745
Cash Equivalents ⓘ	14,806	5,321	5,461	4,619	2,437	5,862	7,977	7,098	12,364	10,089
Others Assets ⓘ	12,132	10,726	9,911	11,207	11,559	9,815	13,293	17,657	16,076	17,326
Total Assets ⓘ	40,756	32,193	34,092	36,108	37,193	40,709	32,247	37,913	42,283	48,551

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	2,502	2,109	3,376	4,002	2,126	7,266	6,942	1,838	7,394	1,894
PBT ⓘ	4,083	4,287	6,176	7,193	6,114	8,896	13,015	7,646	7,951	9,143
Adjustment ⓘ	-947	-104	412	313	379	389	585	-125	-602	-510
Changes in Working Capital ⓘ	1067	-521	-844	-903	-2087	450	-2308	-3615	1869	-4271
Tax Paid ⓘ	-1,702	-1,553	-2,368	-2,602	-2,280	-2,469	-4,351	-2,068	-1,824	-2,468
Cash Flow From Investing Activity ⓘ +	3,645	5,171	-1,865	-789	-313	-4,316	-3,214	202	-6,076	306
Capex	-3,575	-2,319	-2,058	-2,006	-2,403	-1,622	-1,198	-1,247	-1,847	-3,230
Net Investments	5,258	6,113	-244	723	1,684	-2,936	-2,438	891	-5,205	2,346
Others ⓘ	1,962	1,377	437	493	406	242	423	559	976	1,190
Cash Flow From Financing Activity ⓘ +	-6,290	-7,249	-1,557	-3,201	-1,753	-2,591	-4,067	-2,067	-1,302	-2,225
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	-1
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	524	0	0	0	0
Interest Paid ⓘ	-66	-21	-37	-40	-10	-17	-39	-75	-78	-177
Dividend Paid ⓘ	-5,988	-1,461	-2,392	-2,037	-1,953	-2,273	-4,320	-1,099	-2,521	-2,460
Others ⓘ	-236	-5,767	872	-1,124	209	-825	292	-893	1,297	414
Net Cash Flow ⓘ	-144	31	-46	11	60	359	-339	-28	16	-25

Financial Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	8.8	9.98	16.18	18.38	13.41	21.71	39.42	27.26	23.08	23.63
ROCE (%)	13.19	16.18	26.16	28.19	22.42	29.65	50.51	34.66	29.88	29.84
Asset Turnover Ratio	0.15	0.24	0.35	0.35	0.32	0.39	0.71	0.5	0.53	0.53
PAT to CFO Conversion(x)	0.93	0.82	0.89	0.86	0.59	1.16	0.74	0.33	1.33	0.29
Working Capital Days
Receivable Days	72	38	39.50	43.50	56.90	51.80	35.80	75.60	67.40	85.90
Inventory Days	37.10	24	17.50	18.60	21.70	19.50	21.40	49.40	46.50	41.30
Payable Days	1,380.10	916.40	-3,093.80	-2,430	-4,509.30	-893.70	-177.80	-467.50	-2,113.80	433.80

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

NMDC Ltd FAQs

The current trading price of NMDC on 05-Jun-2026 10:29 is ₹93.61.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Jun-2026 the market cap of NMDC stood at ₹83,258.5 Cr

The latest P/E ratio of NMDC as of 04-Jun-2026 is 11.22.

The latest P/B ratio of NMDC as of 04-Jun-2026 is 2.46.

The 52-week high of NMDC is ₹97.49 and the 52-week low is ₹66.79.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of NMDC is ₹31,554 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that NMDC Ltd is a good quality company.

The key valuation ratios of NMDC Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of NMDC Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About NMDC Ltd

NMDC is a Navaratna Public Sector Enterprise under the Ministry of Steel, Government of India and single largest producer of iron ore in India. It owns and operates highly mechanized iron ore mines in the state of Chhattisgarh and Karnataka and has its registered office at Hyderabad, Telangana. It also operates the only mechanized diamond mine in India at Panna, Madhya Pradesh. NMDC has its own R&D Centre at Hyderabad which is recognized as a Centre of Excellence by UNIDO (United Nations Industrial Development Organization).

NMDC's unwavering commitment to sustainable and environmentally responsible mining practices is a cornerstone of its operations. The company produces a wide range of products, including iron ore, diamonds, pellets, and wind power, all while adhering to the highest standards of responsible mining. Known for its extensive exploration activities and advanced mining technology, NMDC also places a strong emphasis on community development and ecological balance. Through its strategic initiatives, sustainable mining practices, and continuous innovation in capacity expansion, NMDC has positioned itself as a key player in the global mining sector, setting benchmarks for responsible and sustainable mining operations.

Business area of the company

Established in 1958, NMDC is India's largest and responsible iron ore producer, with a robust presence in the mining industry. Headquartered in Hyderabad, NMDC operates several mines across India, playing a pivotal role in the country’s mineral development. The company offers a diverse range of high-quality iron ore products, each tailored to meet specific industrial requirements. From coarse and fine iron ores to specialised pellets, NMDC's offerings ensure efficient and optimal performance for various steelmaking and related processes. In addition, NMDC produces rough diamonds that cater to the gem and jewellery industry.

Products of the company

Baila ROM
Baila Lump
DR CLO
10-20 mm Baila
Baila Fine
Doni Lump
Kumaraswamy Lump
Kumaraswamy Lump Ore
Doni Fines
Kumaraswamy Fine
Iron Ore Pellets
Rough Diamonds

Awards and accolades

2017: NMDC wins the Golden Peacock Corporate Ethics Award 2017.
2018: NMDC Conferred with ET Now CSR Leadership Award in 2018.
2018: NMDC bags the prestigious S&P PLATTS Global Metals Award 2018 under CSR category.
2018: NMDC received Best Financial Performing PSE Award in 2018.
2018: NMDC Bagged prestigious Renewable Energy Award on September 10, 2018.
2019: NMDC Wins Top Accolades at 9th PRCI Excellence Awards 2019.
2019: Shri P.K. Satpathy, Director (Production), NMDC Ltd felicitated as best Director on May 13, 2019.
2019: NMDC bags prestigious standing conference of public enterprises (scope) Excellence Award on August 3, 2019.
2019: NMDC Receives Five Prestigious PRSI Awards on December 16, 2019.
2020: NMDC has bagged Eight Corporate communication Excellence Awards 2020 in a grand ceremony organised during the 14th global communication conclave by Public Relations Council of India (PRCI) at Bangalore.
2020: NMDC bestowed with the National HR Best Practice Award by NIPM
2021: NMDC Receives Platinum Award in Metal & Mining for Shiksha Sahayog Yojana.
2021: NMDC sweeped eight awards at the Governance Now 8th PSU Awards Ceremony.
2021: NMDC wins Rajbhasha Keerthi Puraskar, the highest honour in Rajbhasha Field.
2021: NMDC Sweeps thirteen PRCI Excellence Awards 2021.
2022: NMDC wins National Awards for Excellence in CSR and Sustainability by ETascent.
2022: NMDC brings home 7 PRSI National Awards in 2022.
2022: NMDC wins IEI Industry Excellence Award 2022.
2023: NMDC Mines awarded 5 Star Rating by IBM.
2023: NMDC Wins Ispat Rajbhasha Award.
2023: NMDC wins ASSOCHAM Awards for Mineral Development and Employer Brand.
2023: NMDC wins Champion of Champions at PRCI Excellence Awards 2023.
2023: NMDC Shines at the D&B PSU Awards 2023.
2023: NMDC shines at the National PR Festival 2023.
2024: NMDC excels at Governance Now 10th PSU Awards.
2024: NMDC wins ASSOCHAM awards 2024.
2024: NMDC Wins the “Best Public Sector Organisation Implementing PR” Award.
2024: NMDC shines at PRSI awards 2024.
2025: NMDC wins at the HYBIZ TV Education Excellence Awards 2024.
2025: NMDC Shines at Technology Excellence Awards 2025.
2025: NMDC wins at the Hybiztv Business Excellence Awards 2025.
2025: NMDC outshines at Governance Now 11th PSU Awards.
2025: NMDC wins the Corporate Governance and Sustainability Vision Awards 2025.

NMDC Ltd (NMDC)

NMDC Ltd (NMDC)

NMDC stock performance