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

With NMDC Limited's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.

Financial Ratios:

currentRatio 0.000000
forwardPE 7.877752
debtToEquity 14.651000
earningsGrowth 0.269000
revenueGrowth 0.214000
grossMargins 0.531500
operatingMargins 0.345520
trailingEps 7.370000
forwardEps 25.790000

NMDC's low Debt-to-Equity ratio indicates that the company isn't heavily dependent on debt financing. This lower leverage reduces financial risk and enhances stability, showing that NMDC is well-positioned to manage its obligations without the burden of excessive debt.
NMDC's positive earnings and revenue growth indicate that the company is expected to continue expanding its business. These trends reflect strong financial health, with increasing profits and sales suggesting sustained growth and success for NMDC.
NMDC's positive gross and operating margins suggest that the company is operating profitably. These strong margins indicate effective cost management and revenue generation, contributing to a solid financial foundation.
NMDC's forward EPS exceeding its trailing EPS reflects expectations of increased profitability for the current year. This suggests that the company is projected to achieve higher earnings than in the previous financial year, signaling positive growth and improved financial health.

Price projections:

Price projections for NMDC
Price projections for NMDC

Price projections for NMDC have been gradually reduced, reflecting growing uncertainty about the company's future performance. The downward revisions indicate analysts are lowering their expectations for NMDC's market trajectory.

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.