Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: Steel

NMDC Limited, together with its subsidiaries, explores for and produces iron ore in India. It explores for a range of minerals, such as iron ore, copper, rock phosphate, limestone, magnesite, diamond, tungsten, and beach sands. The company primarily holds interests in the Bailadila iron ore mines located in Kirandul Complex and Bacheli Complex, Chattisgarh; Donimalai iron ore mines located in various regions, including Donimalai and Kumaraswamy, Karnataka; and a diamond mining project located in Panna, Madhya Pradesh. In addition, it produces and sells sponge iron and pellets; and generates and distributes solar and wind power. The company exports its iron ore products to Japan. NMDC Limited was incorporated in 1958 and is headquartered in Hyderabad, India.

Revenue projections:

Revenue projections for NMDC
Revenue projections for NMDC

NMDC Limited is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.

Financial Ratios:

currentRatio 2.872000
forwardPE 8.203176
debtToEquity 11.210000
earningsGrowth 0.399000
revenueGrowth 0.297000
grossMargins 0.532230
operatingMargins 0.295280
trailingEps 7.990000
forwardEps 9.308590

A current ratio of 2.872 for NMDC Limited implies that the company has ample liquidity to meet its short-term debts. NMDC Limited's cash reserves and current assets should easily cover these obligations, highlighting its financial stability and ability to manage short-term liabilities.
NMDC's low Debt-to-Equity ratio signals the company is not over-leveraged, meaning it has a conservative approach to debt. This reduces financial risk and indicates a stable financial foundation, providing flexibility and security, which can appeal to investors seeking lower-risk investments.
With positive earnings and revenue growth, NMDC is on a path to expand its business. This strong financial performance suggests the company will continue to grow, as increasing profits and revenue highlight a healthy outlook.
NMDC Limited's positive gross and operating margins indicate the company's ability to operate profitably. These margins reflect strong financial management, with efficient cost control contributing to sustained profitability and a solid financial outlook.
NMDC's forward EPS is higher than its trailing EPS, suggesting the company is expected to see an increase in profitability this year. This points to positive growth, indicating that NMDC is projected to improve its financial performance compared to the previous year.

Price projections:

Price projections for NMDC
Price projections for NMDC

The stock price of NMDC has frequently been close to the lower end of analysts' projections. This trend indicates potential struggles for the company in achieving the growth anticipated by the market.

Recommendation changes over time:

Recommendations trend for NMDC
Recommendations trend for NMDC


Analysts have been favoring NMDC with a buy bias recently, signaling a promising investment opportunity. This optimistic outlook may attract more investors, positioning NMDC as a desirable option for those seeking to invest their money in a stable, profitable company with strong growth potential.