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NMDC Steel

₹60.6 0.4 | 0.6%

Market Cap ₹17757 Cr.

Stock P/E -25.4

P/B 1.1

Current Price ₹60.6

Book Value ₹ 55.8

Face Value 10

52W High ₹73.7

Dividend Yield 0%

52W Low ₹ 36.2

NMDC Steel Research see more...

Overview Inc. Year: 2015Industry: Steel & Iron Products

NMDC Steel Limited is a public sector undertaking (PSU) under the Ministry of Steel, Government of India. The company operates in the iron and steel industry, with a focus on the production of long steel products such as bars, rods, and wires. NMDC Steel Limited is a subsidiary of NMDC Limited, a state-owned mineral producer that primarily deals in the exploration and extraction of iron ore, copper, and other minerals. NMDC Steel Limited operates a steel plant in Nagarnar, Chhattisgarh, with an annual production capacity of 3 million metric tons of steel. The company has a strong presence in the domestic market and also exports its products to several countries. NMDC Steel Limited is committed to sustainable and responsible business practices and has implemented various measures to minimize its environmental impact.

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NMDC Steel Share Price

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Quarterly Price

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NMDC Steel Quarterly Results

#(Fig in Cr.) Jun 2022 Sep 2022 Jun 2023 Sep 2023 Dec 2023
Net Sales 0 0 0 277 926
Other Income 0 0 0 13 16
Total Income 0 0 0 290 942
Total Expenditure 0 0 0 350 1335
Operating Profit 0 0 0 -59 -393
Interest 0 0 0 41 134
Depreciation 0 0 0 75 226
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 0 0 0 -175 -753
Provision for Tax 0 0 0 -44 -185
Profit After Tax 0 0 0 -131 -568
Adjustments 0 0 0 0 0
Profit After Adjustments 0 0 0 -131 -568
Adjusted Earnings Per Share 0 0 0 -0.4 -1.9

NMDC Steel Profit & Loss

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 0 0 0 0 0 1203
Other Income 0 0 0 0 0 29
Total Income 0 0 0 0 0 1232
Total Expenditure 0 0 0 0 0 1685
Operating Profit -0 -0 -0 0 0 -452
Interest 0 0 0 0 0 175
Depreciation 0 0 0 0 0 301
Exceptional Income / Expenses 0 0 0 0 0 0
Profit Before Tax -0 -0 -0 0 0 -928
Provision for Tax 0 0 0 0 0 -229
Profit After Tax -0 -0 -0 0 0 -699
Adjustments 0 0 0 0 0 0
Profit After Adjustments -0 -0 -0 0 0 -699
Adjusted Earnings Per Share -1.8 -1.2 -1.2 0 0 -2.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 0% 0% 0%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 63% NA% NA% NA%
ROE Average 0% -54% -59% -59%
ROCE Average 0% -54% -59% -59%

NMDC Steel Balance Sheet

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 0 0 0 17049 17049
Minority's Interest 0 0 0 0 0
Borrowings 0 0 0 1668 3818
Other Non-Current Liabilities 0 0 0 485 2502
Total Current Liabilities 0 0 0 1302 2199
Total Liabilities 0 0 0 20505 25568
Fixed Assets 0 0 0 1132 1118
Other Non-Current Assets 0 0 0 19280 21751
Total Current Assets 0 0 0 93 2699
Total Assets 0 0 0 20505 25568

NMDC Steel Cash Flow

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 0 0 0 5 1
Cash Flow from Operating Activities -0 -0 -0 743 1516
Cash Flow from Investing Activities 0 0 0 -1891 -2189
Cash Flow from Financing Activities 0 0 0 1144 1293
Net Cash Inflow / Outflow 0 -0 -0 -4 620
Closing Cash & Cash Equivalent 0 0 0 1 621

NMDC Steel Ratios

# Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) -1.81 -1.23 -1.21 0 0
CEPS(Rs) -1.81 -1.23 -1.21 0 0
DPS(Rs) 0 0 0 0 0
Book NAV/Share(Rs) 2.57 1.34 0.14 0 58.17
Core EBITDA Margin(%) 0 0 0 0 0
EBIT Margin(%) 0 0 0 0 0
Pre Tax Margin(%) 0 0 0 0 0
PAT Margin (%) 0 0 0 0 0
Cash Profit Margin (%) 0 0 0 0 0
ROA(%) -58.67 -49.04 -93.27 0 0
ROE(%) -70.4 -62.91 -163.16 0 0
ROCE(%) -69.98 -62.36 -161.69 0 0
Receivable days 0 0 0 0 0
Inventory Days 0 0 0 0 0
Payable days 0 0 0 0 0
PER(x) 0 0 0 0 0
Price/Book(x) 0 0 0 0 0.53
Dividend Yield(%) 0 0 0 0 0
EV/Net Sales(x) 0 0 0 0 0
EV/Core EBITDA(x) -3.85 -6.61 -7.83 0 0
Net Sales Growth(%) 0 0 0 0 0
EBIT Growth(%) 0 32.21 2.11 100 0
PAT Growth(%) 0 32.02 2.09 100 0
EPS Growth(%) 0 32.02 2.1 100 0
Debt/Equity(x) 0 0 0 0.12 0.22
Current Ratio(x) 6 3.26 1.26 0.07 1.23
Quick Ratio(x) 6 3.26 1.26 0.04 0.84
Interest Cover(x) -166.42 -112.81 -110.43 0 0
Total Debt/Mcap(x) 0 0 0 0 0.42

NMDC Steel Shareholding Pattern

# Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 60.79 60.79 60.79 60.79 60.79 60.79
FII 5.18 4.26 3.29 3.94 4.33 4.64
DII 20.84 19.99 20.46 20.18 19.11 16.96
Public 13.19 14.96 15.46 15.08 15.77 17.6
Others 0 0 0 0 0 0
Total 100 100 100 100 100 100

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of -54% over the last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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