| Revenue growth | Annual sales revenue reached record ₹31,000 crores, driven by volume beats. |
|---|---|
| Margins | Iron ore EBITDA stable at 42%; steel trading slightly dragged consolidated margins. |
| Demand visibility | Strong domestic steel demand visible; major customers expanding capacities significantly. |
| Management confidence | Extremely bullish; management fast-tracking Maharatna status and 100MT production goals. |
Growth
PAT grew 11% YoY; volume-led growth with 53MT production surpassing all prior internal expectations.
Outlook
Targeting 60MT in FY27 and 100MT by 2030; Capex rising to ₹6000-10000cr annually.
Risks
High receivables from RIANL and sluggish iron ore prices could squeeze future cash flows.
Earnings Call filed with NSE, NSE: NMDC. Summary written with AI assistance from the document.
NMDC Ltd: key numbers
- Share price
- ₹71.70
- Market cap
- ₹63,037 Cr
- Revenue (annual)
- ₹32,071 Cr
- Net profit (annual)
- ₹7,450 Cr
- P/E (TTM)
- 8.4×Sector 17.1×
- Promoter holding
- 60.79%+0.00% QoQ
- FII holding
- 14.91%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from NMDC Ltd
All →NMDC Board Meeting Date
NMDC will hold a board meeting on 12 November 2026 to consider unaudited standalone and consolidated September 2026 quarterly results. Trading window closed 01 October to 14 November.
NMDC Business Update
NMDC reported provisional October 2026 iron ore production of 5.04 MT and sales of 3.44 MT, versus 4.27 MT and 3.89 MT a year earlier. Cumulative production rose to 32.32 MT from 26.47 MT.
NMDC Other Announcement
The company filed its quarterly shareholding pattern under SEBI Regulation 31(1)(b) for the period ended September 30, 2026. This is a standard periodic compliance disclosure.
NMDC Management Change
NMDC Limited has appointed Shri Vinod Kumar Tripathi as a Government Director on its board, replacing the outgoing Government Director Shri Abhijit Narendra.
NMDC Business Update
NMDC Limited released provisional iron ore production and sales data for September 2026, reporting total monthly production of 4.04 million tonnes.
NMDC Annual General Meeting
NMDC Limited held its 68th Annual General Meeting on September 28, 2026. Shareholders approved financial statements, dividend payments, and the re-appointment of directors.