NMDC Limited

NSEI:NMDC Stock Report

Market Cap: ₹653.1b

NMDC Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Amitava Mukherjee

Chief executive officer

₹7.0m

Total compensation

CEO salary percentage100.00%
CEO tenure7yrs
CEO ownershipn/a
Management average tenure4yrs
Board average tenureless than a year

Recent management updates

Recent updates

NMDC Limited Beat Revenue Forecasts By 5.5%: Here's What Analysts Are Forecasting Next

Nov 01
NMDC Limited Beat Revenue Forecasts By 5.5%: Here's What Analysts Are Forecasting Next

Improved Earnings Required Before NMDC Limited (NSE:NMDC) Shares Find Their Feet

Sep 06
Improved Earnings Required Before NMDC Limited (NSE:NMDC) Shares Find Their Feet

Earnings Update: NMDC Limited (NSE:NMDC) Just Reported And Analysts Are Boosting Their Estimates

Aug 16
Earnings Update: NMDC Limited (NSE:NMDC) Just Reported And Analysts Are Boosting Their Estimates

NMDC Limited (NSE:NMDC) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

May 30
NMDC Limited (NSE:NMDC) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Lacklustre Performance Is Driving NMDC Limited's (NSE:NMDC) Low P/E

May 19
Lacklustre Performance Is Driving NMDC Limited's (NSE:NMDC) Low P/E

Does This Valuation Of NMDC Limited (NSE:NMDC) Imply Investors Are Overpaying?

Apr 28
Does This Valuation Of NMDC Limited (NSE:NMDC) Imply Investors Are Overpaying?

The Market Doesn't Like What It Sees From NMDC Limited's (NSE:NMDC) Earnings Yet

Jan 31
The Market Doesn't Like What It Sees From NMDC Limited's (NSE:NMDC) Earnings Yet

NMDC Limited (NSE:NMDC) Shares Could Be 30% Below Their Intrinsic Value Estimate

Jan 12
NMDC Limited (NSE:NMDC) Shares Could Be 30% Below Their Intrinsic Value Estimate

These 4 Measures Indicate That NMDC (NSE:NMDC) Is Using Debt Safely

Dec 24
These 4 Measures Indicate That NMDC (NSE:NMDC) Is Using Debt Safely

NMDC's (NSE:NMDC) Solid Earnings May Rest On Weak Foundations

Nov 18
NMDC's (NSE:NMDC) Solid Earnings May Rest On Weak Foundations

NMDC Limited (NSE:NMDC) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Nov 14
NMDC Limited (NSE:NMDC) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

CEO Compensation Analysis

How has Amitava Mukherjee's remuneration changed compared to NMDC's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

₹70b

Jun 30 2025n/an/a

₹65b

Mar 31 2025₹7m₹7m

₹65b

Dec 31 2024n/an/a

₹65b

Sep 30 2024n/an/a

₹61b

Jun 30 2024n/an/a

₹59b

Mar 31 2024₹7m₹7m

₹56b

Dec 31 2023n/an/a

₹64b

Sep 30 2023n/an/a

₹59b

Jun 30 2023n/an/a

₹58b

Mar 31 2023₹6m₹6m

₹56b

Dec 31 2022n/an/a

₹51b

Sep 30 2022n/an/a

₹63b

Jun 30 2022n/an/a

₹76b

Mar 31 2022₹6m₹5m

₹94b

Dec 31 2021n/an/a

₹104b

Sep 30 2021n/an/a

₹105b

Jun 30 2021n/an/a

₹89b

Mar 31 2021₹5m₹4m

₹63b

Dec 31 2020n/an/a

₹38b

Sep 30 2020n/an/a

₹30b

Jun 30 2020n/an/a

₹29b

Mar 31 2020₹4m₹4m

₹36b

Dec 31 2019n/an/a

₹47b

Sep 30 2019n/an/a

₹49b

Jun 30 2019n/an/a

₹48b

Mar 31 2019₹1m₹1m

₹46b

Compensation vs Market: Amitava's total compensation ($USD78.84K) is below average for companies of similar size in the Indian market ($USD843.86K).

Compensation vs Earnings: Amitava's compensation has been consistent with company performance over the past year.

CEO

Amitava Mukherjee (57 yo)

7yrs
Tenure
₹6,989,000
Compensation

Mr. Amitava Mukherjee is MD & Chairman of NMDC Limited since March 6, 2025 and served as its Director of Finance since November 2018 until 2025. He had been a Director at Legacy Iron Ore Limited since Marc...

Leadership Team

NamePositionTenureCompensationOwnership
Amitava Mukherjee
MD & Chairmanno data₹6.99mno data
Vinay Kumar
Technical Director & Director2.5yrs₹6.95m0%
₹ 0
Priyadarshini Gaddam
Director (Personnel) & Director (Finance)no data₹446.00kno data
Vishwanath Suresh
Director of Commercial & Director2.7yrs₹5.73mno data
G. Anupama
Interim CFOless than a yearno datano data
Pradeep Saxena
Chief General Manager of Personnelno datano datano data
Suresh Jain
Chief General Manager of R.E.Dno datano datano data
B. Venkateswarlu
Executive Director of BIOM - Bacheli Complex4yrsno datano data
Kishan Ahuja
Chief General Manager of Kirandul-Works4yrsno datano data
N. Prasad
Chief General Manager of Industrial Engineering & MS4yrsno datano data
Padmanabha Naik
Chief General Manager - NCL4yrsno datano data
M. Rajagopal
Chief General Manager of Slurry Pipelineno datano datano data
4.0yrs
Average Tenure
56.5yo
Average Age

Experienced Management: NMDC's management team is considered experienced (4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Amitava Mukherjee
MD & Chairman7yrs₹6.99mno data
Vinay Kumar
Technical Director & Director2.5yrs₹6.95m0%
₹ 0
Priyadarshini Gaddam
Director (Personnel) & Director (Finance)less than a year₹446.00kno data
Vishwanath Suresh
Director of Commercial & Director2.7yrs₹5.73mno data
Ashish Chatterjee
Government Nominee Directorless than a yearno datano data
Abhijit Narendra
Government Nominee Director2.8yrsno datano data
Joydeep Dasgupta
Director (Production)1yr₹2.19mno data
Mahendra Rao
Independent Directorless than a yearno datano data
Bharat Patil
Independent Directorless than a yearno datano data
Achal Sinha
Independent Directorless than a yearno datano data
0.9yrs
Average Tenure
57yo
Average Age

Experienced Board: NMDC's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/09 06:07
End of Day Share Price 2025/11/07 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NMDC Limited is covered by 39 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Satyadeep JainAmbit Capital
Ashwin MehtaAmbit Capital
Nitin BhasinAmbit Capital