N

NMDC Limited

NMDCNSE
Market snapshot · 2026-08-11 13:12 UTC

85.45

₹-0.03 (-0.04%)

MARKET CAP

₹75.13K Cr

STOCK P/E

10.1x

52W HIGH

₹97.49

52W LOW

₹68.19

BOOK VALUE

₹38.81

EPS

₹8.47

ROE

23.36%

SECTOR

Materials

DEBT/EQUITY

18.80

VOLUME

1.41Cr

P/B RATIO

2.20x

PEG RATIO

0.27

Sector

Materials

Themes

Mining - Iron OrePsuSilver StocksLithium
D
Dividend
E
Earnings
₹92.90₹86.37₹79.84₹73.30₹66.77VolumeDEEEDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for NMDC.

22.00 analysts

Price Forecast

Current
₹85.45
High Target
₹112.00
▲ +31.1%
Median Target
₹86.50
▲ +1.2%
Low Target
₹67.00
▼ -21.6%
Now₹85.45High ₹112.00Median ₹86.50Low ₹67.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
22 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹72.30 - ₹104.0280%
6M₹68.05 - ₹113.8480%
12M₹63.01 - ₹130.4480%
Realized vol: +28.4% · Drift: +9.9%

Revenue Forecast

₹ Cr
Mar '26Current₹11,173.0
Sep 2026 ETrend estimate range
High₹9,141.2Base₹8,464.1Low₹7,787.0
Jun '25: ₹6,634.0 · Sep '25: ₹6,261.0 · Dec '25: ₹7,486.0 · Mar '26: ₹11,173.0 · Sep '26: ₹8,464.1 · Dec '26: ₹10,120.2
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E6,634.06,261.07,486.011,173.08,464.110,120.2
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Mar '26Current₹2.30
Sep 2026 ETrend estimate range
High₹2.59Base₹2.31Low₹2.03
Jun '25: ₹2.24 · Sep '25: ₹1.93 · Dec '25: ₹1.98 · Mar '26: ₹2.30 · Sep '26: ₹2.31 · Dec '26: ₹2.37
Jun '25Sep '25Dec '25Mar '26Sep '26 EDec '26 E2.241.931.982.302.312.37
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
61%
Analyst Consensus
Weakening

From 22 analysts

Mean upside+5.1%

Fundamentals

Strong

Fundamentals institutional score is 98 using EVA spread proxy 11.4%; growth durability 100.0.

Valuation

Premium valuation

Valuation institutional score is 37 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Weakening

Analyst View institutional score is 33 using mean target upside 5.1%; dispersion penalty 20.1; recommendation breadth from available consensus.

Technical Structure

Mixed Momentum

Technicals institutional score is 66 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 10 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. fundamentals and technical structure provide support, while valuation and analyst consensus remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals StrongValuation Premium valuationAnalyst Consensus WeakeningTechnical Structure Mixed MomentumMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price89.8 target
Mean Upside+5.1%
Technical Score66%
Fundamental Score98%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 21.1% above historical median. Valuation is stable — currently in the strongly overvalued zone (z-score: +1.32). Confidence: 83%.

Live forward EPS implies next-12-month EPS of ₹10.25. Applying the stock's normalized valuation corridor produces a fair range of ₹75.95 to ₹94.51, with base value near ₹85.38 (-0.1% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Inside normalized range

Forward EPS

₹10.25

Forward P/E

8.3x

Base Fair Value

₹85.38

Fair Range

₹75.95 - ₹94.51

Upside To Base

-0.1%

Estimate Source

Live forward EPS

Growth Estimate

+37.7%

P/E
Strongly Overvalued

5Y Average

6.43

Current

10.09

Overvalued

9.22

Undervalued

7.41

EV/EBITDA
Strongly Overvalued

5Y Average

4.82

Current

7.56

Overvalued

6.52

Undervalued

2.85

P/B
Fair

5Y Average

2.17

Current

2.20

Overvalued

2.50

Undervalued

1.85

Peers & Comparison

Sector: Materials · Theme: Mining - Iron Ore

Mining - Iron Ore Peers8 peers
Avg P/E: 23.7x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
LLOYDS METALS N ENERGY L
LLOYDSMEMining - Iron Ore
+213.9%21.4%
29.7x
Premium
+25% vs avg
+48.7%
VEDANTA LIMITED
VEDLMetals - Diversified
-37.3%23.2%
12.1x
Undervalued
-49% vs avg
-34.5%
HINDUSTAN ZINC LIMITED
HINDZINCMining - Diversified
+71.7%38.1%
14.5x
Undervalued
-39% vs avg
+40.5%
SHREE CEMENT LIMITED
SHREECEMCement
+5.2%14.5%
56.5x
Premium
+138% vs avg
-14.2%
NATIONAL ALUMINIUM CO LTD
NATIONALUMMetals - Aluminium
+39.3%34.9%
11.5x
Undervalued
-51% vs avg
+104.6%
NLC INDIA LIMITED
NLCINDIAMetals - Diversified
-0.3%17.6%
12.0x
Undervalued
-49% vs avg
+22.6%
COAL INDIA LTD
COALINDIAMining - Coal
+45.1%18.1%
8.2x
Undervalued
-65% vs avg
+6.7%
HINDUSTAN COPPER LTD
HINDCOPPERMining - Copper
+84.7%32.4%
45.4x
Premium
+92% vs avg
+119.9%
WHY THESE PEERS

NMDC LTD. trades at a discount (10.1x vs peer avg 23.7x), suggesting potential undervaluation relative to the Mining - Iron Ore cohort. Peers include LLOYDS METALS N ENERGY L, VEDANTA LIMITED, HINDUSTAN ZINC LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹11.17K CrMar 2026

Latest net profit

₹2.02K CrMar 2026

Latest EPS

₹2.30Mar 2026

Net margin

24.0%Mar 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.0%10.0%20.0%30.0%40.0%0.00 Cr3.00K Cr6.00K Cr9.00K Cr12.00K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q4 '25Q1 '26Q2 '26Q3 '26Q4 '260.00 Cr3.00K Cr6.00K Cr9.00K Cr12.00K Cr₹0₹1₹1₹2₹2
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr3.00K Cr6.00K Cr9.00K Cr12.00K Cr

Latest reported period: Mar 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-20.00K Cr0.00 Cr20.00K Cr40.00K Cr60.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales +5,8515,3954,0145,4106,4755,3784,8076,5316,9536,6346,2617,48611,173
Expenses +3,6863,3992,8213,3804,3393,0173,3664,1224,9054,1554,2575,3378,529
Operating Profit2,1651,9961,1932,0302,1372,3611,4402,4092,0482,4792,0042,1482,644
OPM %37%37%30%38%33%44%30%37%29%37%32%29%24%
Other Income +1,22528132084387364360374491298381356428
Interest126193221232961652783551
Depreciation9369898297748492123105107104145
Profit before tax3,2862,2011,4072,0002,4052,6281,6872,6302,3512,6442,2702,3662,875
Tax %31%25%27%25%39%25%25%26%36%26%25%27%30%
Net Profit +2,2771,6501,0281,4921,4621,9841,2691,9441,4961,9691,6941,7382,020
EPS in Rs2.591.881.171.701.662.261.442.211.702.241.931.982.30
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +60.79%60.79%60.79%60.79%60.79%
FIIs +12.21%13.04%13.48%13.60%13.59%
DIIs +14.48%14.38%14.06%13.76%13.80%
Public +12.51%11.76%11.66%11.84%11.80%
Others0.01%0.03%0.01%0.01%0.02%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +
Others

Events Timeline

Board Meeting Intimation for Consideration Of The Unaudited Financial Results (Standalone And Consolidated) Of The Company For The Quarter Ended On 30Th June 2026.

Aug 08, 2026PDFCompany Reports Open

Prices Of Iron Ore W.E.F. 08.08.2026.

Aug 08, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Monthly Business Updates

Aug 01, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Change in Management

Jul 30, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Change in Directorate

Jul 18, 2026PDFCompany Reports Open