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 lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.

Financial Ratios:

currentRatio 2.872000
forwardPE 8.377377
debtToEquity 11.210000
earningsGrowth 0.399000
revenueGrowth 0.297000
grossMargins 0.532230
operatingMargins 0.295280
trailingEps 7.990000
forwardEps 25.790000

NMDC's current ratio, being 2.872, means the company is well-positioned to meet its short-term debt obligations. This reflects NMDC's strong liquidity, as its cash reserves and current assets provide more than enough coverage for its immediate liabilities.
NMDC's Debt-to-Equity ratio is low, indicating the company is not over-leveraged. This suggests a prudent approach to financing, with minimal dependence on debt, reducing the financial risk associated with high leverage, and signaling a stable financial outlook.
NMDC's positive earnings and revenue growth suggest that the company is expected to expand its business. This reflects a healthy financial outlook, as NMDC's increasing profits and sales signal further growth in the near future.
NMDC's positive gross and operating margins highlight its strong profitability. The company's ability to control costs while generating revenue indicates efficient operations and a healthy financial position.
NMDC's forward EPS being higher than its trailing EPS signals anticipated growth in profitability for the current financial year. This suggests that NMDC is on track to improve its earnings, outpacing the previous year's performance and reflecting positive market expectations.

Price projections:

Price projections for NMDC
Price projections for NMDC

NMDC's price has consistently been situated near the lower end of expected values. This ongoing trend may reflect investor skepticism about the company's growth potential and overall performance.

Recommendation changes over time:

Recommendations trend for NMDC
Recommendations trend for NMDC


The recent buy bias from analysts suggests NMDC Limited is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, NMDC Limited appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.