NMDC Limited

NSEI:NMDC Stock Report

Market Cap: ₹659.3b

NMDC Past Earnings Performance

Past criteria checks 3/6

NMDC's earnings have been declining at an average annual rate of -1.4%, while the Metals and Mining industry saw earnings growing at 25.8% annually. Revenues have been growing at an average rate of 7.7% per year. NMDC's return on equity is 21.6%, and it has net margins of 26.3%.

Key information

-1.41%

Earnings growth rate

-1.34%

EPS growth rate

Metals and Mining Industry Growth25.90%
Revenue growth rate7.68%
Return on equity21.63%
Net Margin26.33%
Last Earnings Update30 Sep 2025

Recent past performance 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

Revenue & Expenses Breakdown

How NMDC makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:NMDC Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 25266,89470,27123,5180
30 Jun 25252,30265,39723,5360
31 Mar 25239,05565,42923,0730
31 Dec 24233,90264,78021,5960
30 Sep 24222,32360,80020,7300
30 Jun 24213,27458,94720,0390
31 Mar 24213,07955,76119,2470
31 Dec 23206,69964,34819,7850
30 Sep 23189,80058,63019,1590
30 Jun 23182,94558,08919,1000
31 Mar 23176,66956,02117,6300
31 Dec 22185,17851,48118,2000
30 Sep 22206,71562,84117,4730
30 Jun 22241,36676,36016,1030
31 Mar 22259,64894,29415,8810
31 Dec 21260,271103,96715,4370
30 Sep 21245,084105,04916,9030
30 Jun 21199,44889,31517,2510
31 Mar 21153,70162,76616,1310
31 Dec 20117,09837,58215,7550
30 Sep 20103,61129,94715,3240
30 Jun 20103,73029,33816,8230
31 Mar 20116,99235,74117,7560
31 Dec 19121,55247,07416,0920
30 Sep 19127,98348,82615,7420
30 Jun 19129,94448,23115,1760
31 Mar 19121,52746,19313,4300
31 Mar 18116,14938,08915,6400
31 Mar 1788,28125,44415,0030
31 Mar 1664,55825,46610,2670
31 Mar 15123,56463,47214,7400

Quality Earnings: NMDC has a high level of non-cash earnings.

Growing Profit Margin: NMDC's current net profit margins (26.3%) are lower than last year (27.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: NMDC's earnings have declined by 1.4% per year over the past 5 years.

Accelerating Growth: NMDC's earnings growth over the past year (15.6%) exceeds its 5-year average (-1.4% per year).

Earnings vs Industry: NMDC earnings growth over the past year (15.6%) exceeded the Metals and Mining industry 7.5%.


Return on Equity

High ROE: NMDC's Return on Equity (21.6%) is considered high.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/11 11:37
End of Day Share Price 2025/11/11 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