NMDC (NMDC.NS) Stock Price
NMDC Price
Revenue has compounded at 11.3% per year over the past 19 years to 320.71 B INR. Earnings per share have grown at 6.3% per year over the last 19 years. NMDC's net margin stands at 23.2%, down from 36.3% several years earlier. NMDC currently offers a dividend yield of about 4.87%. The payout ratio is around 39% of earnings. The dividend has grown at 17.9% per year over the past 18 years. Analysts set a median price target of 81.09 INR, implying 12.9% above the current price. Of 24 analysts, 7 rate the stock a buy — an overall Sell consensus.
NMDC stock price
NMDC business model & stock analysis
Frequently asked questions about NMDC
The business model of NMDC Ltd, a leading Indian mining company, revolves around the exploration, extraction, and processing of various minerals. The company primarily focuses on iron ore mining. NMDC Ltd. operates multiple mines in India and holds a strong presence in the domestic market. With a vertically integrated approach, the company engages in all stages of the mining industry value chain, from exploration and development to production and sales. NMDC Ltd. aims to meet the raw material requirements of various industries, both nationally and globally, with a commitment to sustainable mining practices and high-quality mineral outputs.
NMDC Ltd is primarily active in the mining industry.
The main competitors of NMDC Ltd in the market are Vale S.A., BHP Group Limited, Rio Tinto Group, and Fortescue Metals Group Ltd.
NMDC Ltd, also known as National Mineral Development Corporation, is an Indian government-owned mining company. Established in 1958, NMDC initially focused on exploration and exploitation of iron ore, gradually expanding into other minerals like diamond, gold, and coal. It played a significant role in the development of India's mining industry and has become the largest producer of iron ore in the country. Through its sustainable mining practices and technological advancements, NMDC has garnered a strong reputation for reliability and quality. With an impressive track record spanning over six decades, NMDC continues to contribute to India's mineral needs and economic growth.
NMDC Ltd has achieved several significant milestones over the years. One notable achievement includes the company's listing on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in the year 2003. Additionally, NMDC Ltd became a Navratna public sector enterprise in 2008, signifying its status as a key player in the mining industry. The company has consistently witnessed growth and achieved remarkable production milestones in iron ore mining. NMDC Ltd has also expanded its operations globally, exploring mining opportunities abroad and maintaining a strong presence in the international market. With its dedication to excellence, NMDC Ltd continues to set new benchmarks in the industry.
NMDC Ltd primarily operates in India. As a leading public sector enterprise, NMDC Ltd focuses on the exploration, production, and sale of iron ore and other minerals. The company's presence can be observed throughout various regions in India, including Karnataka, Chhattisgarh, and Andhra Pradesh. With its extensive mining operations and diverse mineral portfolio, NMDC Ltd has established itself as a prominent player in the Indian mining industry. Due to its strong market presence and strategic partnerships, NMDC Ltd continues to contribute significantly to India's economic growth and development.
NMDC Ltd represents strong values and a visionary corporate philosophy. The company is committed to excellence, integrity, and sustainable growth. With a focus on mining and exploration, NMDC Ltd aims to enhance the value of natural resources while contributing to the welfare of society. The company strives to maintain the highest standards of safety, environmental stewardship, and social responsibility. By adopting advanced technologies and innovative practices, NMDC Ltd ensures efficiency and competitiveness in its operations. With a customer-oriented approach and a dedicated workforce, the company aims to create long-term value for its stakeholders and make a positive impact in the mining sector.
Analysts currently set an average price target of 79.22 INR for the NMDC stock (median: 81.09 INR), implying +10.3 % versus the latest price. The consensus is based on 24 analyst ratings.
24 analysts currently rate the NMDC stock: 7 recommend buying, 4 holding and 13 selling.
Converted at the current exchange rate, the NMDC share trades at 0.66 EUR (71.80 INR).
The NMDC share (NMDC.NS) is listed on 2 stock exchanges, including: NSE (Indien) (NMDC.NS).
NMDC Limited is a state-owned mining company focused on the extraction of iron and diamond ore. It was established in 1958 and is headquartered in Hyderabad, India. With an annual revenue of over $17 billion, NMDC Limited is one of the largest mining companies globally. NMDC operates multiple business units, including mining operations, exploration and production, pelletization, steel, and consulting services. The mining sector is the core division of the company and primarily focuses on the extraction of iron and diamond ore. NMDC Limited is India's largest iron ore miner and supplies 30 percent of the country's iron ore demand. NMDC's diamond mine in Panna, Madhya Pradesh, is one of the leading mines in the country for colored diamonds and has an annual production of over 84,000 carats. NMDC's research and development sector aims to optimize company operations through the introduction of new technologies and promotion of innovation. NMDC collaborates closely with other institutions to develop new technologies and methods for mining. Research areas include the exploration of unconventional ore deposits, the development of cost-effective mining methods, and improving extraction efficiency. NMDC's pelletization division produces pellets from the extracted iron ore. These pellets are exported worldwide due to their high quality and purity. This division consists of three units located in Hyderabad and the under-construction site in Chhattisgarh. NMDC's steel division is a joint venture with the Japanese company JFE Steel Corporation to establish an integrated steel plant in Chhattisgarh. The plant will have an annual production capacity of 3 million tons of steel and is considered one of the largest steel projects ever undertaken in India. NMDC Limited also offers consulting services based on its extensive knowledge and experience in mining. These services are provided for various aspects of mining and mineral extraction projects, from geological survey to planning and operating mining and processing facilities. In addition to these business units, NMDC provides other products and services, including the production of rock flour, supply of raw materials for the steel industry, and construction of infrastructure projects. Overall, NMDC Limited has a wide range of business units that encompass a comprehensive range of products and services. The company, due to its long-standing experience and deep knowledge in mining, is able to serve customers worldwide. NMDC is aware of its responsibility to society and environmental consciousness and invests heavily in the development of sustainable technologies and methods to reduce the environmental impact of mining activities.
The revenue of NMDC is 320.71 B INR. This figure is based on current financial data and reflects the company's business performance.
The profit of NMDC is 74.50 B INR. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of NMDC is currently 8.47. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the NMDC stock.
The price-to-sales ratio (P/S) of NMDC is currently 1.97. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the NMDC stock.
The Eulerpool Quality Score for NMDC is 7/10.
The ISIN of NMDC is INE584A01023. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The ticker of NMDC is NMDC.NS. The ticker symbol is used to trade NMDC shares on the stock exchange.
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All fundamentals and in-depth analysis of NMDC
Our stock analysis for NMDC stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of NMDC. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.