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

Revenues for NMDC Limited are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.

Financial Ratios:

currentRatio 2.418000
forwardPE 7.729783
debtToEquity 14.393000
earningsGrowth 0.047000
revenueGrowth 0.079000
grossMargins 0.550780
operatingMargins 0.272710
trailingEps 7.440000
forwardEps 25.790000

NMDC's current ratio is 2.418, signaling that the company has sufficient cash reserves and current assets to cover its short-term debt obligations. This suggests financial stability, as NMDC should not face any issues meeting its short-term liabilities with available resources.
NMDC's low Debt-to-Equity ratio indicates that the company isn't over-leveraged, suggesting it maintains a healthy balance between debt and equity. This lowers financial risk and points to a stable financial foundation, reassuring investors of the company's financial health.
NMDC's positive gross and operating margins suggest strong profitability. These margins reflect effective cost management and revenue generation, indicating that the company is efficiently managing its operations and maintaining financial health.
With NMDC's forward EPS higher than its trailing EPS, the company is expected to be more profitable in the current financial year. This signals confidence in NMDC's growth potential, as improved earnings are forecasted compared to the prior year's performance.

Price projections:

Price projections for NMDC
Price projections for NMDC

The gradual downward revision of NMDC Limited's price projections signals decreasing confidence in the company's future performance. Analysts are adjusting their expectations, reflecting uncertainty about NMDC Limited's growth potential.

Recommendation changes over time:

Recommendations trend for NMDC
Recommendations trend for NMDC


A recent buy bias from analysts toward NMDC may inspire confidence in investors, who could view the stock as a promising investment. This positive sentiment suggests that NMDC might be an appealing option for those looking to grow their wealth through stock market investments.