profit from every ₹100 of sales.

NMDC Steel
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, 2024 to 2026.
You pay ₹203.18 for every ₹1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What NMDC Steel sold, what it kept, and what it did with the cash.
Sales went from ₹0 in 2023 to ₹136 billion in 2026, with ₹587 million of profit last year.
NMDC Steel vs. similar companies
NMDC Steel grows the fastest of these 5 and is the most expensive for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
NMDC Steel | 203.2× · Very expensive | ||
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 Steel'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 |
|---|---|---|---|---|
| 0 | 30,490 | 85,031 | 136,418 | |
| 0 | -6,653 | 9,660 | 47,494 | |
| 0 | -19,837 | -27,413 | 4,764 | |
| 356 | -12,898 | -17,167 | 16,042 | |
| 0 | -15,603 | -23,738 | 587 | |
| 0.00 | -5.32 | -8.10 | – | |
| – | -21.8% | 11.4% | 34.8% | |
| – | -65.1% | -32.2% | 3.5% | |
| – | -51.2% | -27.9% | 0.4% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 255,682 | 293,683 | 284,697 | 282,373 |
| Cash | 6,211 | 67 | 70 | 89 |
| Total debt | 38,419 | 66,619 | 59,089 | 46,132 |
| Total liabilities | 85,196 | 138,801 | 153,553 | 150,641 |
| 170,486 | 154,883 | 131,145 | 131,732 | |
| 2,931 | 2,931 | 2,931 | – | |
| 0.0% | -6.3% | -10.5% | 2.4% | |
| 0.0% | -10.1% | -18.1% | 0.4% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 15,346 | -28,250 | 19,660 | 17,955 | |
| 21,552 | 5,839 | 4,276 | 2,706 | |
| -6,206 | -34,090 | 15,384 | 15,249 | |
| Dividends paid | – | – | – | – |
| 0 | 0 | – | – | |
| – | – | – | – |
Valuation
- 203.2×
- –
- –
- 1.0×
- 0.9×
- 7.8×
- 10.3×
- 12.8%
- 0.5%
- –
Profitability
- 34.8%
- 3.5%
- 0.4%
- –
- 2.4%
- -3.6%
- –
- –
- –
- –
Growth
- +111.5%
- –
- –
- –
- −0.0%
Financial health
- 2.9×
- 0.35
- –
- 1.2×
- 0.53
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
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
0/7Passes 0 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.
Questions about NMDC Steel
Is NMDC Steel a good stock to buy?
A business with weak numbers, priced as if everything goes right. 0 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 Steel AI analysis
What does NMDC Steel do?
NMDC Steel Limited manufactures and sells steel products in India. It offers hot rolled coils, sheets, and plates of welded steel pipe for pipeline transportation systems; structural and silicon steel; pig iron; and LPG grades of LPG cylinders manufacturing. It is in Steel, based in Hyderabad, India.
Is NMDC Steel stock halal?
No. NMDC Steel does not pass our halal screen: its debt is 39% of its market value, at or above the 33% limit. How we check
How has NMDC Steel stock done over the past year?
Down 0.9% over the past twelve months, to ₹40.71. It traded between ₹33.20 and ₹52.55 and is 22.5% below its high.
Who are NMDC Steel'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 Steel's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



