NMDC Limited

NSEI:NMDC Stock Report

Market Cap: ₹750.9b

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 tenure7.7yrs
CEO ownershipn/a
Management average tenure4.7yrs
Board average tenure1.2yrs

Recent management updates

Recent updates

Analysis Article • Jun 06

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

NMDC Limited's ( NSE:NMDC ) healthy profit numbers didn't contain any surprises for investors. We think this is due to...
Analysis Article • Jun 03

NMDC Limited Beat Revenue Forecasts By 12%: Here's What Analysts Are Forecasting Next

Investors in NMDC Limited ( NSE:NMDC ) had a good week, as its shares rose 5.1% to close at ₹95.31 following the...
Analysis Article • May 22

Here's Why NMDC (NSE:NMDC) Has Caught The Eye Of Investors

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article • Feb 06

Revenue Beat: NMDC Limited Beat Analyst Estimates By 13%

The third-quarter results for NMDC Limited ( NSE:NMDC ) were released last week, making it a good time to revisit its...
Analysis Article • Jan 31

NMDC Limited's (NSE:NMDC) Business And Shares Still Trailing The Market

When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 24x, you may consider NMDC...
Analysis Article • Dec 08

Here's Why We Think NMDC (NSE:NMDC) Might Deserve Your Attention Today

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article • Nov 20

Here's Why NMDC (NSE:NMDC) Can Manage Its Debt Responsibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Nov 01

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

Investors in NMDC Limited ( NSE:NMDC ) had a good week, as its shares rose 2.2% to close at ₹75.79 following the...
Analysis Article • Sep 06

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

NMDC Limited's ( NSE:NMDC ) price-to-earnings (or "P/E") ratio of 10x might make it look like a strong buy right now...
Analysis Article • Aug 16

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

NSEI:NMDC 1 Year Share Price vs Fair Value Explore NMDC's Fair Values from the Community and select yours NMDC Limited...

CEO Compensation Analysis

How has Amitava Mukherjee's remuneration changed compared to NMDC's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

₹75b

Dec 31 2025n/an/a

₹69b

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

Compensation vs Market: Amitava's total compensation ($USD73.30K) is below average for companies of similar size in the Indian market ($USD880.95K).

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

CEO

Amitava Mukherjee (58 yo)

7.7yrs
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 until April 2026 and served as its Director of Finance since November 2018 until 2025. He ha...

Leadership Team

NamePositionTenureCompensationOwnership
Amitava Mukherjee
MD & Chairmanno data₹6.99mno data
Vinay Kumar
Commercial Director3.2yrs₹6.95mno data
Joydeep Dasgupta
Director of Personnelno data₹2.19mno data
Anurag Kapil
Director of Financeless than a yearno datano data
Krishna Thakur
Director of Personnel & Directorless than a yearno datano data
Suresh Jain
Chief General Manager of R.E.Dno datano datano data
B. Venkateswarlu
Executive Director of BIOM - Bacheli Complex4.7yrsno datano data
Kishan Ahuja
Chief General Manager of Kirandul-Works4.7yrsno datano data
N. Prasad
Chief General Manager of Industrial Engineering & MS4.7yrsno datano data
Padmanabha Naik
Chief General Manager - NCL4.7yrsno datano data
M. Rajagopal
Chief General Manager of Slurry Pipelineno datano datano data
Pradeep Saxena
Chief General Manager of Personnelno datano datano data
4.7yrs
Average Tenure
57yo
Average Age

Experienced Management: NMDC's management team is considered experienced (4.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Amitava Mukherjee
MD & Chairman7.7yrs₹6.99mno data
Vinay Kumar
Commercial Director3.2yrs₹6.95mno data
Joydeep Dasgupta
Director of Personnel1.7yrs₹2.19mno data
Krishna Thakur
Director of Personnel & Directorless than a yearno datano data
Sanjay Tandon
Independent Directorno datano datano data
Ashish Chatterjee
Government Nominee Director1.1yrsno datano data
Abhijit Narendra
Government Nominee Director3.4yrsno datano data
Mahendra Rao
Independent Director1.2yrsno datano data
Bharat Patil
Independent Director1.2yrsno datano data
Achal Sinha
Independent Director1yrno datano data
1.2yrs
Average Tenure
58yo
Average Age

Experienced Board: NMDC's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 16:07
End of Day Share Price 2026/07/06 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

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 42 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rajesh Majumdar360 ONE Capital Market Private Limited
Nitin BhasinAmbit Capital
Satyadeep JainAmbit Capital