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 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 2.418000
forwardPE 8.175515
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 means the company is not over-leveraged, highlighting its conservative use of debt. This suggests reduced financial risk and a stable balance sheet, making NMDC a financially resilient company with lower exposure to debt-related pressures.
NMDC Limited'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.
NMDC's forward EPS surpasses its trailing EPS, reflecting expectations of higher profitability in the current year. This suggests that NMDC is projected to generate stronger earnings, indicating an optimistic financial outlook compared to the prior year's results.

Price projections:

Price projections for NMDC
Price projections for NMDC

The price of NMDC has regularly been close to the lower end of projections, suggesting that it might be struggling to meet market expectations. This trend raises questions about the company's future performance.

Recommendation changes over time:

Recommendations trend for NMDC
Recommendations trend for NMDC


Analysts' buy bias for NMDC signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to NMDC, seeing it as a solid and profitable choice to park their money and potentially benefit from the company's long-term growth.