Reported Earnings • May 31
Full year 2026 earnings released: EPS: ₹0.20 (vs ₹8.10 loss in FY 2025) Full year 2026 results: EPS: ₹0.20 (up from ₹8.10 loss in FY 2025). Revenue: ₹137.3b (up 61% from FY 2025). Net income: ₹587.2m (up ₹24.3b from FY 2025). Profit margin: 0.4% (up from net loss in FY 2025). The move to profitability was driven by higher revenue. Announcement • May 25
NMDC Steel Limited to Report Q4, 2026 Results on May 29, 2026 NMDC Steel Limited announced that they will report Q4, 2026 results on May 29, 2026 Buy Or Sell Opportunity • May 13
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 7.2% to ₹44.27. The fair value is estimated to be ₹36.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 68% over the last year. Earnings per share has grown by 71%. Reported Earnings • Feb 04
Third quarter 2026 earnings released: ₹0.83 loss per share (vs ₹2.59 loss in 3Q 2025) Third quarter 2026 results: ₹0.83 loss per share (improved from ₹2.59 loss in 3Q 2025). Revenue: ₹30.1b (up 42% from 3Q 2025). Net loss: ₹2.44b (loss narrowed 68% from 3Q 2025). Announcement • Jan 29
NMDC Steel Limited to Report Q3, 2026 Results on Feb 03, 2026 NMDC Steel Limited announced that they will report Q3, 2026 results on Feb 03, 2026 Announcement • Jan 08
NMDC Steel Limited Announces Cessation of Vishwanath Suresh as Director (Commercial), Effective January 7, 2026 Ministry of Steel, Government of India vide Order dated January 7, 2026 has communicated about the appointment of Shri. Vishwanath Suresh, Director (Commercial), NMDC as Chairman & Managing Director, MOIL Limited with effect from the date of his assumption of charge of the post. Accordingly, Shri. Vishwanath Suresh has been relieved from the services of NMDC Limited with effect from January 7, 2026 and ceased to be a Director on the Board of NMDC Limited with effect from January 7, 2026. Further, in terms of earlier Order of Ministry of Steel dated March 20, 2023, CMD, Functional Directors and Government Directors of NMDC Limited will also be the CMD, Functional Directors and Government Directors of NMDC Steel Limited respectively on co-terminus basis. Accordingly, Shri Vishwanath Suresh has also ceased to be a Director on the Board of NMDC Steel Limited with effect from January 7, 2026. Reported Earnings • Oct 31
Second quarter 2026 earnings released: ₹0.39 loss per share (vs ₹2.03 loss in 2Q 2025) Second quarter 2026 results: ₹0.39 loss per share (improved from ₹2.03 loss in 2Q 2025). Revenue: ₹34.1b (up 124% from 2Q 2025). Net loss: ₹1.15b (loss narrowed 81% from 2Q 2025). Announcement • Oct 24
NMDC Steel Limited to Report Q2, 2026 Results on Oct 29, 2025 NMDC Steel Limited announced that they will report Q2, 2026 results at 12:08 PM, Indian Standard Time on Oct 29, 2025 New Risk • Aug 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 31% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change). Reported Earnings • Aug 08
Full year 2025 earnings released: ₹8.10 loss per share (vs ₹5.32 loss in FY 2024) Full year 2025 results: ₹8.10 loss per share (further deteriorated from ₹5.32 loss in FY 2024). Revenue: ₹85.0b (up 179% from FY 2024). Net loss: ₹23.7b (loss widened 52% from FY 2024). Announcement • Aug 05
NMDC Steel Limited to Report Q1, 2026 Results on Aug 12, 2025 NMDC Steel Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Announcement • Jul 31
NMDC Steel Limited, Annual General Meeting, Aug 29, 2025 NMDC Steel Limited, Annual General Meeting, Aug 29, 2025, at 15:30 Indian Standard Time. Reported Earnings • May 28
Full year 2025 earnings released Full year 2025 results: Revenue: ₹85.7b (up 181% from FY 2024). Net loss: ₹23.7b (loss widened 52% from FY 2024). Announcement • May 19
NMDC Steel Limited to Report Q4, 2025 Results on May 27, 2025 NMDC Steel Limited announced that they will report Q4, 2025 results on May 27, 2025 Announcement • Mar 01
NMDC Steel Limited Appoints Priyadarshini Gaddam as Director (Personnel) In terms of Ministry of Steel (MoS), Government of India Order No. 3(3)/2020-BLA dated 28 February 2025 read with earlier Order dated March 20, 2023, it is hereby informed that Smt. Priyadarshini Gaddam has been appointed as Director (Personnel) on the Board of NMDC Steel Limited from the date of her assumption of the charge of the post 28 February 2025, till the date of her superannuation 31 January 2026, or until further orders, whichever is earlier. Smt. Priyadarshini Gaddam has assumed charge as the Director (Personnel) of the Navratna mining company; NMDC Limited. Further, in terms of Order dated 20th March 2023 of Ministry of Steel, she has been appointed on the Board of NMDC Steel Limited with effect from 28 February 2025. Joining NMDC in 1992, she steadily rose through the company's ranks and emerged as a leader with three decades of committed service in Personnel and Administration. Prior to her appointment as Director (Personnel), Smt. Priyadarshini served as Chief General Manager (P&A) and the Head of Personnel at the NMDC Corporate Office in Hyderabad as well as for
NMDC Steel Limited in Nagarnar. Her tenure has been marked by significant contributions towards streamlining the processes and procedures in Industrial Relations, Recruitment, Medical Policies and Stakeholder Management. Smt. Priyadarshini has played a defining role in shaping an ecosystem that ensures a safe workplace for women and equal opportunities for persons with benchmark disabilities while setting the highest standards of employee welfare at NMDC. She has achieved milestone outcomes in negotiating wage settlements and navigating business transformations. Her expertise proved instrumental in representing NMDC in the Second Pay Revision Commission with respect to the Pay Revision of CPSEs and also during the company's acquisition of the Sponge Iron Unit. Smt. Priyadarshini's leadership came to the forefront at NMDC Steel Limited (NSL) where she steered the R&R Policy, advocated for skill development initiatives for the community and established the Fire Department, Occupational Health Centre, and Primary Health Centre at NSL, all of which contributed to the overall well-being and safety of the workforce. She holds a graduate degree in Arts, a Master's in Social Work (Personnel Management and Industrial Relations) and an LLB from Osmania University, Hyderabad. With her at the helm as the Director (Personnel), NMDC Steel Limited is stronger in its resolve to propel towards collective growth and build a strong future. Reported Earnings • Feb 07
Third quarter 2025 earnings released: ₹2.59 loss per share (vs ₹2.94 loss in 3Q 2024) Third quarter 2025 results: ₹2.59 loss per share (improved from ₹2.94 loss in 3Q 2024). Revenue: ₹21.4b (up 16% from 3Q 2024). Net loss: ₹7.58b (loss narrowed 12% from 3Q 2024). Announcement • Jan 30
NMDC Steel Limited to Report Q3, 2025 Results on Feb 06, 2025 NMDC Steel Limited announced that they will report Q3, 2025 results on Feb 06, 2025 Announcement • Jan 10
NMDC Steel Limited Announces the Appointment of Shri Sanjeet as Government Director on the Board NMDC Steel Limited announced the appointment of Shri Sanjeet, JS & FA, Ministry of Housing and Urban Affairs with additional charge of JS & FA, Ministry of Steel, as Government Director on the board of directors of NMDC Limited, with immediate effect till further order. Shri Sanjeet is an Indian Railway Accounts Service (IRAS) Officer of 1998 batch. Presently he is serving as Joint Secretary & Financial Advisor in the Ministry of Housing and Urban Affairs, Government of India since 12 December 2022. He is also serving in additional charge of Joint Secretary & Financial Adviser in the Ministry of Steel since 23 December 2024. Shri Sanjeet, holds Masters and M.Phil. degree(s) in International Studies from Jawaharlal Nehru University, New Delhi in addition to Master of Business Administration. Shri Sanjeet has around 26 years of rich, varied and multi-disciplinary experience in the field of Finance & Accounts, Administration, financial appraisal of proposals, Expenditure & Budgetary issues, Tender and Contract management, Procurement & Auction, Policy issues on Pay & Allowances and Audit functions. He has in the past held various important positions in the Indian Railways. Before joining as JS&FA, he was posted as Executive Director in Railway Board. He has also worked as GM F&A in CONCOR, a Railway PSU, Financial Advisor in Northern Railway and Senior Divisional Finance manager, Lucknow. Shri Sanjeet has participated in various training programmes and workshops both domestic and international level. Recently he was part of the HUDCO delegation to raise funds from Japan & Singapore (Multilateral Development Banks). He has attended Advanced Management programme from ISEAD, Singapore and ICLIF, Malaysia. He was part of Finance & Accounts Technical Training Programme at European School of Business, London and Paris. Sh. Sanjeet has also attended Container Terminal Management program at Antwerp, Belgium. He has attended Eighth Annual India unlimited Investors conference at Singapore. Shri Sanjeet was instrumental in setting up of New Computer Centre in Traffic Accounts Office & implementation of PRIME, disposal of scrap, Clearing of Traffic suspense, for which he has been conferred with various awards from time to time. He has also been awarded Certificate of Merit from National Institute of Financial Management. Reported Earnings • Nov 13
Second quarter 2025 earnings released: ₹2.03 loss per share (vs ₹2.94 loss in 2Q 2024) Second quarter 2025 results: ₹2.03 loss per share (improved from ₹2.94 loss in 2Q 2024). Revenue: ₹15.4b (down 17% from 2Q 2024). Net loss: ₹5.95b (loss narrowed 31% from 2Q 2024). Announcement • Nov 05
NMDC Steel Limited to Report Q2, 2025 Results on Nov 12, 2024 NMDC Steel Limited announced that they will report Q2, 2025 results on Nov 12, 2024 Announcement • Oct 17
NMDC Steel Limited Announces the Cessation of Sukriti Likhi as Government Director NMDC Steel Limited informed that Ministry of Steel, Govt. of India vide Office Memorandum No. S-14011/16/2024-BLA dated 16.10.2024 has communicated that in pursuance of Department of Personnel and Training's communication no. 36/01/2024-EO(SM-I) dated August 19, 2024, Ms. Sukriti Likhi, IAS (HY:93), has relinquished the charge of Additional Secretary and Financial Adviser, Ministry of Steel effective August 19, 2024(FN). In view of the above, Ms. Sukriti Likhi, IAS (HY:93) [DIN: 01825997] has ceased to hold the charge of Government Director on the Board of NMDC Steel Limited effective August 19, 2024. Announcement • Aug 27
NMDC Steel Limited, Annual General Meeting, Sep 24, 2024 NMDC Steel Limited, Annual General Meeting, Sep 24, 2024, at 15:30 Indian Standard Time. Announcement • Aug 06
NMDC Steel Limited to Report Q1, 2025 Results on Aug 13, 2024 NMDC Steel Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Announcement • Jul 02
NMDC Steel Limited Announces Cessation of Dilip Kumar Mohanty as Director (Production) on the Board NMDC Steel Limited announced that on attaining the age of superannuation on 30 June 2024, Shri Dilip Kumar Mohanty has ceased to be Director (Production) on the board of NMDC and has been relieved from the services of the company on 30 June 2024. Accordingly, in terms of o Order of MoS dated 20 March 2023, Shri Mohanty has ceased to be a director on the board of NMDC Steel Ltd. on account of superannuation on 30 June 2024. Announcement • May 12
NMDC Steel Limited to Report Q4, 2024 Results on May 21, 2024 NMDC Steel Limited announced that they will report Q4, 2024 results on May 21, 2024 New Risk • Apr 16
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported March 2021 fiscal period end). Share price has been highly volatile over the past 3 months (10% average weekly change). New Risk • Feb 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Latest financial reports are more than 1 year old (reported March 2021 fiscal period end). Minor Risk Share price has been volatile over the past 3 months (8.0% average weekly change). Announcement • Feb 01
NMDC Steel Limited to Report Q3, 2024 Results on Feb 14, 2024 NMDC Steel Limited announced that they will report Q3, 2024 results on Feb 14, 2024 Announcement • Oct 19
NMDC Steel Limited to Report Q2, 2024 Results on Nov 14, 2023 NMDC Steel Limited announced that they will report Q2, 2024 results on Nov 14, 2023 Announcement • Sep 09
NMDC Steel Limited Announces Director Appointments NMDC Steel Limited announced at the AGM held on September 7, 2023, approved appointment of Shri Abhiiit Narendra and Ms. Sukriti Likhi as Government Nominee Director on the Board of the Company. Announcement • Aug 15
NMDC Steel Limited, Annual General Meeting, Sep 07, 2023 NMDC Steel Limited, Annual General Meeting, Sep 07, 2023, at 15:30 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31 March 2023 together with the reports of the Board of Directors, Statutory Auditors and Comptroller and Auditor General of India thereon; to authorize the board of directors for fixing the remuneration of Statutory Auditors for the financial year 2023-24; and to appoint Directors of the Company. Announcement • Aug 12
NMDC Steel Limited Announces Board Changes NMDC Steel Limited has approved the appointment of Shri Aniket Kulshreshtha as Company Secretary and Compliance Officer of NMDC Steel Limited with immediate effect in place of Shri Chiman Lal Agrawal. Announcement • Aug 04
NMDC Steel Limited to Report Q1, 2024 Results on Aug 11, 2023 NMDC Steel Limited announced that they will report Q1, 2024 results on Aug 11, 2023 Announcement • May 21
NMDC Steel Limited Appoints Shri Vinay Kumar as Director (Technical) on the Board NMDC Steel Limited announced the appointment of Shri Vinay Kumar as director (Technical) on the Board with effect from May 19, 2023. With three decades of experience in Mining, Training, Safety & Environment and Project Management, Shri Vinay Kumar has been serving NMDC since 1992. Prior to his new assignment as Director (Technical), he was Chief General Manager (CGM) and immensely contributed as the Project Head of BIOM Kirandul Complex, Chhattisgarh. Under his leadership, NMDC's Kirandul Complex has witnessed remarkable growth in production and dispatch, surpassing all records in company history. Shri Vinay Kumar was spearheading expansion and execution of ambitious Projects such as Rapid Wagon Loading System (RWLS), Screening Plant- III and Doubling of KK Line. He also played a key role in the construction and commissioning of NMDC's fully mechanized 7 MTPA Kumaraswamy Mines in Karnataka. A B.Tech (Mining) from IIT BHU, he started his career as NMDC's Executive Trainee and rose to the position of CGM. In these years, he has gained a reputation for solving critical issues in Mine Development and Project Execution. In the stewardship of Shri Vinay Kumar, Kirandul Complex received 5 star rating by IBM and various awards from prestigious organizations in thefield of Safety, Environment, CSR and Occupational Health. His stint as Director (Technical) will help NMDC timely execute all expansion anddiversification projects, building new inroads in automation & digitalization towards NMDC 2.0. Announcement • May 13
NMDC Steel Limited to Report Q4, 2023 Results on May 23, 2023 NMDC Steel Limited announced that they will report Q4, 2023 results on May 23, 2023 
