NMDC Q4 FY26 results (Jan–Mar 2026) and concall

Metals & Mining · Concall AI · Call held 1 Jun 2026

Company page: NMDC share price, financials & guidance record

NMDC reported a strong Q4 FY26, with production exceeding 53 million tons and sales revenue reaching INR31,000 crores, leading to an 11% PAT growth. The company is aggressively pursuing capacity expansion to 100 million tons by the end of the decade, backed by a substantial capex plan of INR6,000 crores for FY27. Strategic diversification into coal and critical minerals, alongside infrastructure development, are key focus areas, despite some near-term margin impact from steel trading and pending approvals for new mines.

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What they filed

Q4 FY26: revenue up 60.7%, net profit up 35.0% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26
Revenue	4,807	6,531	6,953	6,634	6,261 +30%	7,486 +15%	11,173 +61%
Expenses	3,366	4,122	4,905	4,155	4,257	5,337	8,529
EBITDA	1,440	2,409	2,048	2,479	2,004 +39%	2,148 −11%	2,644 +29%
Margin	30%	37%	29%	37%	32%	29%	24%
Other income	360	374	491	298	381	356	428
Interest	29	61	65	27	8	35	51
Depreciation	84	92	123	105	107	104	145
Profit before tax	1,687	2,630	2,351	2,644	2,270 +35%	2,366 −10%	2,875 +22%
Tax rate	25%	26%	36%	26%	25%	27%	30%
Net profit	1,269	1,944	1,496	1,969	1,694 +33%	1,738 −11%	2,020 +35%
EPS	1.44	2.21	1.70	2.24	1.93	1.98	2.30

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

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