NMDC
MiningNMDC Ltd
National Mineral Development Corporation or NMDC
It was incorporated in 1958 as a Government of India wholly owned public enterprise. It comes under the administrative control of the Ministry of Steel, Government of India.
And since inception, it is involved in the exploration of a wide range of minerals which includes iron ore, and copper, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, beach sands, and many more. It is also India's single largest iron ore producer and exporter, which is presently producing about 30 million tonnes of the iron ore from three fully mechanized mines which are Bailadila Deposit–14/11C, and Bailadila Deposit–5, 10/11A in Chhattisgarh State and lastly Donimalai Iron Ore Mines in Karnataka State, and all of these are awarded the ISO 9001–2000 certification.
It is the only mechanized diamond mine in India with a capacity of 1.00 lakh carats per annum at Panna in the Madhya Pradesh. This particular mine remained non–operational since August 22, 2005, according to the directives of the MP Pollution Control Board. And now, when the issues have been resolved, and the formal orders had been received from the state government on June 19, 2009, the mining operations have taken up a quick pace.
It has a secure back up of an ISO 9001 certification R&D Centre, which has also been declared as one of the 'Centre of Excellence' in the field of mineral processing by the Expert Group of UNIDO.
It has also made some of the most valuable and substantial contributions to the national efforts specifically in the mineral sector during the last five decades & also has been accorded the status of the schedule–A Public Sector Company. If we keep the recognition of the company's growing status and consistently excellent performance, then it has been categorized by the renowned Department of Public Enterprises as the 'Navratna' Public Sector Enterprise in 2008.
- Trades at a P/E of 11.9, with a return on equity (ROE) of 23.9%.
- NMDC is trading above 1 of 5 of its key moving averages (10/20/50/100/200-DMA) — a bearish technical setup.
- Year-to-date it is up 1.37%, and up 9.16% over the past year.
- At ₹82.64 it sits about 49% of the way up its 52-week range (₹68.19–₹97.49).
- Offers a dividend yield of 2.81%.
- Market capitalisation stands at ₹24,184 Cr.
Shareholding data syncs daily.
| Year | Revenue | Net Profit | EPS | NPM |
|---|---|---|---|---|
| Mar 2023 | ₹17,667 Cr | ₹5,529 Cr | ₹18.87 | 31.3% |
| Mar 2022 | ₹25,882 Cr | ₹9,398 Cr | ₹32.07 | 36.31% |
| Mar 2021 | ₹15,370 Cr | ₹6,277 Cr | ₹21.42 | 40.84% |
| Mar 2021 | ₹15,370 Cr | ₹6,277 Cr | ₹21.42 | 40.84% |
| Mar 2020 | ₹11,699 Cr | ₹3,573 Cr | ₹11.67 | 30.54% |
| Mar 2020 | ₹11,699 Cr | ₹3,573 Cr | ₹11.67 | 30.54% |
| Mar 2019 | ₹12,153 Cr | ₹4,619 Cr | ₹15.08 | 38.01% |
| Mar 2019 | ₹12,153 Cr | ₹4,619 Cr | ₹15.08 | 38.01% |
| Mar 2018 | ₹11,615 Cr | ₹3,808 Cr | ₹12.04 | 32.79% |
| Mar 2017 | ₹8,828 Cr | ₹2,544 Cr | ₹8.04 | 28.82% |
| Mar 2016 | ₹6,456 Cr | ₹2,546 Cr | ₹4.18 | 39.44% |
| Mar 2015 | ₹12,356 Cr | ₹6,347 Cr | ₹14.29 | 51.37% |
| Company | P/E | Book Value | Sales Growth |
|---|---|---|---|
| ASHAPURMIN ASHAPURA MINECHEM LTD. | 0 | ₹-49.45 | -17.13% |
| 20MICRONS 20 MICRONS LTD. | 5.16 | ₹47.03 | 9.4% |
| MOIL MOIL LTD. | 9.53 | ₹133.04 | 31.49% |
| ORISSAMINE ORISSA MINERALS DEVELOPMENT COMPANY LTD. | 0 | ₹168.37 | 0% |
| Date | Client | Type | Qty | Price |
|---|---|---|---|---|
| 06 Dec 2017 | MORGAN STANLEY MAURITIUS COMPANY LIMITED | SALE | 4,97,709 | ₹131.60 |
| 06 Dec 2017 | SOCIETE GENERALE | PURCHASE | 4,97,709 | ₹131.60 |
Fundamentals, financials & technicals sourced from niftytrader.in, cached and refreshed periodically.