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NMDC share price & results

NMDC Limited· Metals & Mining· Commodities

Results to
Jun 2026
Latest analysed call
Q4 FY26
Ownership as of
Sept 2026

India's largest iron ore producer, a Navratna PSE mining in Chhattisgarh, Karnataka and Panna diamonds.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue6,795 ₹ crore+2.4% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin36.0 %−1.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit2,007 ₹ crore+1.9% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity23.39 %−0.2 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin5.69 %+11.3 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)27.33 %+22.0 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

0 of 6 judged targets kept · 11 open · verdicts reflect calls analysed to Q4 FY26.

NMDC Limited management guidance track record on Inve: 17 targets tracked across analysed earnings calls (0 achieved, 6 missed, 11 open).

TargetOriginal wordingSaidLatest callVerdict
Production and Sales Volume55 million tons (100% of EC capacity)
Call transcript, Q4 FY25 · 28 May 2025		Q4 FY25Q4 FY26:Achieved production of 53 million tons in FY26, falling short of the 55.4 million ton target.
Call transcript, Q4 FY26 · 1 Jun 2026		Missed
Rohne Coal Block OperationalizationOperational by Q3 or Q4 FY26
Call transcript, Q4 FY25 · 28 May 2025		Q4 FY25Q4 FY26:Opening is now planned for late Q3 FY27 due to pending approvals. No production is expected in FY27.
Call transcript, Q4 FY26 · 1 Jun 2026		Delayed
Long-term Production Capacity100 million tons in the next few years
Call transcript, Q4 FY25 · 28 May 2025		Q4 FY25Q4 FY26:Reiterated the goal of 100 million tons by the end of the decade, supported by a capex plan of INR 40,000-50,000 crores over the next 3 years and the opening of new mines.
Call transcript, Q4 FY26 · 1 Jun 2026		On Track

Source: Inve Guidance Tracker for NMDC Limited · to Q4 FY26

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

6 of NMDC Limited's 17 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 14 more targets are in the full ledger.

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Price

₹69 +3.78% · +₹2.51

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −7.0% 1Y

₹70.0₹80.0₹90.0Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q4 FY26 — 1 Jun 2026

1Y: ₹74.19 on 24 Oct 2025 → ₹69. High ₹96.04 (3 Jun 2026), low ₹66.35 (23 Oct 2026).

Previous close
₹66.49
Market cap
₹60.6k Cr
52-week range
₹66.35 – ₹96.04
One year
−7.22%
Price to earnings (TTM to Jun 2026)
8.13×
Return on equity (TTM to Jun 2026)
23.39%

Overview

Symbol
NSE:NMDC
Industry
Commodities
Exchange
NSE
Currency
INR

What NMDC Limited does

Based on the company's own presentations, annual report and earnings calls.

NMDC is a Navratna Central Public Sector Enterprise under the Ministry of Steel that mines and sells iron ore from mechanised complexes in Chhattisgarh and Karnataka, earning primarily by selling a range of iron ore grades to domestic steelmakers and export customers. It also operates South-East Asia's only mechanised diamond mine at Panna, Madhya Pradesh, and runs a pellet plant and sponge-iron unit as forward value-addition on its iron ore. The company holds equity stakes in overseas mining ventures in Australia and Mozambique through subsidiaries and joint ventures, and runs a UNIDO-recognised R&D centre in Hyderabad to support mining and mineral-processing innovation.

Segments

  • Iron Ore
  • Diamond
  • Pellets
Current iron ore production capacity
~45 MTPA
Iron ore mining complexes
3 (Bacheli, Kirandul, Donimalai)
Diamond mine
Panna, Madhya Pradesh — South-East Asia's only mechanised diamond mine
Value-addition facilities
Donimalai Pellet Plant; Sponge Iron Unit, Paloncha (Telangana)
Market position
India's largest iron ore producer; Navratna CPSE under Ministry of Steel
R&D centre
Hyderabad-based, UNIDO-recognised Centre of Excellence
Founded 1958Headquarters Hyderabad, Telangana, IndiaEmployees 5,677 (FY2024-25 (as of 31 Marc) Company website

How the price took the results

close before → close after

Q4 FY26
+5.0%
1 Jun

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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