profit from every ₹100 of sales.
₹0₹100
NMDC
₹71.70+0.28% today
-7.1% in 1 year
1-year low ₹66.351-year high ₹96.04
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹8.46 for every ₹1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What NMDC sold, what it kept, and what it did with the cash.
Sales went from ₹177 billion in 2023 to ₹321 billion in 2026, with ₹74.5 billion of profit last year.
SalesProfit
NMDC vs. similar companies
NMDC grows the fastest of these 5 and is the cheapest for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| NMDC | 8.5× · Cheap | ||
 Nucor | 33.7× · Expensive | ||
 ArcelorMittal | 15.8× · Fair price | ||
 JSW Steel | 14.8× · Cheap | ||
 Steel Dynamics | 28.7× · Fair price |
AI analysis
An AI analyst reads NMDC's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 176,611 | 213,012 | 239,055 | 320,709 | |
| 98,055 | 115,068 | 129,158 | 146,384 | |
| 57,205 | 69,412 | 77,283 | 87,823 | |
| 80,589 | 83,903 | 97,420 | 107,479 | |
| 56,015 | 55,751 | 65,420 | 74,504 | |
| 6.37 | 6.34 | 7.44 | 8.47 | |
| 55.5% | 54.0% | 54.0% | 45.6% | |
| 32.4% | 32.6% | 32.3% | 27.4% | |
| 31.7% | 26.2% | 27.4% | 23.2% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 299,529 | 356,610 | 410,069 | 483,202 |
| Cash | 930 | 1,094 | 848 | 1,475 |
| Total debt | 21,279 | 33,588 | 42,758 | 64,068 |
| Total liabilities | 73,179 | 99,881 | 112,997 | 142,443 |
| 226,208 | 256,559 | 296,958 | 340,623 | |
| 8,792 | 8,792 | 8,793 | 8,796 | |
| 23.4% | 20.8% | 20.6% | 19.0% | |
| 24.8% | 21.7% | 22.0% | 21.9% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 18,376 | 73,939 | 18,943 | 49,963 | |
| 12,472 | 18,471 | 32,303 | 31,708 | |
| 5,904 | 55,469 | -13,361 | 18,255 | |
| Dividends paid | 10,993 | 25,209 | 24,598 | – |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 8.5×
- –
- 0.85
- 2.3×
- 2.0×
- 34.5×
- 6.4×
- 2.9%
- 11.8%
- –
Profitability
- 45.6%
- 27.4%
- 23.2%
- –
- 19.0%
- 20.9%
- –
- –
- –
- –
Growth
- +22.0%
- +10.0%
- –
- –
- +0.0%
Financial health
- 0.6×
- 0.19
- –
- 84.7×
- 2.43
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 8%of 989
Top 13%of 958
Top 7%of 774
Top 15%of 935
Top 42%of 990
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
7/7Passes 7 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
79Pass
Benjamin Graham
85Pass
Philip Fisher
76Pass
Peter Lynch
81Pass
Joel Greenblatt
73Pass
Charlie Munger
80Pass
Terry Smith
64Pass
Questions about NMDC
Is NMDC a good stock to buy?
A strong, very profitable business, and the price looks low. 7 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the NMDC AI analysis
What does NMDC do?
NMDC Limited, together with its subsidiaries, explores for and produces iron ore in India and internationally. It operates through Iron Ore, and All Other Segments (Pellets, Other Minerals & Services). It is in Steel, based in Hyderabad, India.
Is NMDC stock halal?
Yes. NMDC passes our halal screen: its business is permitted and its debt is 10% of its market value, under the 30% limit. How we check
How has NMDC stock done over the past year?
Down 7.1% over the past twelve months, to ₹71.70. It traded between ₹66.35 and ₹96.04 and is 25.3% below its high.
Who are NMDC's competitors?
The largest listed companies in the same industry are Nucor, ArcelorMittal, JSW Steel and Steel Dynamics. The peers table on this page compares their profit, growth and price with NMDC's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.