NMDC Steel financials

Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹3,662cr+8.8% on Q1 FY26
Net profit
₹50.5cr+97.6% on Q1 FY26
EBITDA margin
10.9%−1.2 pts on Q1 FY26
EPS
₹0.19+111.1% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue3,6623,365+8.8%
EBITDA400408−2.0%
EBITDA margin10.9%12.1%−1.2 pts
Profit before tax74.036.1+104.6%
Net profit50.525.6+97.6%
EPS₹0.19₹0.09+111.1%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹3,662 crNet profit₹50.5 crNet margin1.4%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023
11,479————
8.98.97.06.7621
4,6024,6025,8986,6523,842
16,072————
13,93813,6428,5033,0490.0
—+60.4%+178.9%——
1,5101,518−1,788−1,4370.0
10.8%11.1%−21.0%−47.1%—
484476−2,741−1,9900.0
83.758.7−2,374−1,5600.0
0.6%0.4%−27.9%−51.2%—
₹0.29₹0.20−₹8.10−₹5.32₹0.00
—+102.5%−52.1%——
—1,7961,966−2,7331,516
—−271−4280.0−2,155
1,5251,5251,538−2,733−639
Open the chart

From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.

NSLNISP₹39.17

NMDC Steel Ltd.

· Metal & Mining
₹ CrorePeersJSWSTEELTATASTEELSAILJAINRECPOCLGRAVITASARDAENGMDCLTDMcap ₹11,479 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————11,479.2
- Cash, Equiv & ST Investments621.16.77.08.98.9
+ Total Debt3,841.96,651.85,897.64,601.94,601.9
Enterprise Value————16,072.3
Revenue0.03,049.08,503.113,641.813,938.4
Growth %, YoY——+178.9+60.4—
EBITDA0.0-1,436.9-1,788.31,518.21,510.1
Margin %—-47.13-21.0311.1310.83
EBIT0.0-1,989.7-2,741.3476.4484.0
Net Income0.0-1,560.3-2,373.858.783.7
Margin %—-51.17-27.920.430.60
EPS, Adj (current shares)0.00-5.32-8.100.200.29
Growth %, YoY——-52.1+102.5—
Cash from Operations1,516.0-2,732.71,966.01,795.5—
Capital Expenditures-2,155.2-0.0-427.6-270.6—
Free Cash Flow-639.2-2,732.71,538.41,524.91,524.9
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · StandaloneFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

NMDC Steel financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

NMDC Steel (NSE: NSLNISP) had a market capitalisation of ₹11,406 crore at the 29 October 2026 close (₹38.92 a share), a PE ratio of 136.3 on the last four quarters' profit and a price-to-book ratio of 0.87. In FY26 its consolidated net profit was ₹58.7 crore on revenue of ₹13,642 crore; in Q1 FY27 (April–June 2026) it was ₹50.5 crore, up 97.6% year on year. Its debt-to-equity ratio was 0.35 on 31 March 2026. Promoters held 60.79% of the shares on 30 September 2026.

NMDC Steel Q1 FY27 results
filed 15 August 2026
Share price used
₹38.92 · 29 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

NMDC Steel at a glance · consolidated

Market cap
₹11,406 Crat ₹38.92 · 29 Oct close
PE ratio (last 4 quarters)
136.3194.2 on FY26 profit
Price to book (PB)
0.87book value ₹44.95 a share
ROE (FY26)
0.5%+17.1 pts vs FY25ROCE 2.8%
Debt to equity
0.35net debt ₹3,802 Cr
Promoter holding
60.79%unchanged vs 30 Jun 202630 September 2026
Net worth
₹13,173 Cr+0.4% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
₹1,525 Cr−0.9% vs FY25
EPS (FY26)
₹0.20

Questions

What is the NMDC Steel PE ratio today?

NMDC Steel's PE ratio is 136.3 at the 29 October 2026 close (₹38.92 a share): a market capitalisation of ₹11,406 crore divided by consolidated net profit of ₹83.7 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹58.7 crore) it is 194.2.

What is the NMDC Steel net worth?

NMDC Steel's net worth — shareholders' equity in its consolidated balance sheet — was ₹13,173 crore on 31 March 2026, up 0.4% from ₹13,114 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹11,406 crore at the 29 October 2026 close.

What is the NMDC Steel book value per share?

NMDC Steel's book value per share was ₹44.95 on 31 March 2026: shareholders' equity of ₹13,173 crore divided by the 293.06 crore shares in issue, up 0.4% from ₹44.75 a year earlier. The share price at the 29 October 2026 close was ₹38.92.

What is the NMDC Steel PB ratio (price to book value)?

NMDC Steel's price-to-book (PB) ratio is 0.87 at the 29 October 2026 close: a market capitalisation of ₹11,406 crore divided by shareholders' equity (book value) of ₹13,173 crore on 31 March 2026. That is a book value of ₹44.95 per share against a share price of ₹38.92.

What is the NMDC Steel ROE and ROCE?

In FY26, NMDC Steel's return on equity (ROE) was 0.5% and its return on capital employed (ROCE) was 2.8%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was −16.6% and ROCE −13.4%.

What is the NMDC Steel shareholding pattern?

On 30 September 2026, NMDC Steel's shares were held by promoters 60.79%, foreign portfolio investors (FII/FPI) 4.93%, domestic institutions (DII) 15.79% (including mutual funds at 0.85%) and retail and other non-institutional investors 18.48%. Over the year, FII holding was down 0.20 percentage points from 5.13% and DII holding was up 0.45 percentage points from 15.34%.

What is the NMDC Steel market cap?

NMDC Steel's market capitalisation was ₹11,406 crore at the 29 October 2026 close: 293.06 crore shares at ₹38.92 each.

What is the NMDC Steel EPS?

NMDC Steel's basic earnings per share (EPS) were ₹0.20 in FY26. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹0.31.

When are the NMDC Steel next results?

NMDC Steel has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.

Is NMDC Steel debt free?

No. NMDC Steel had borrowings of ₹4,602 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.35. Its cash and current investments were ₹800 crore, so its net debt was ₹3,802 crore.

What is the NMDC Steel debt to equity ratio?

NMDC Steel's debt-to-equity ratio was 0.35 on 31 March 2026: borrowings of ₹4,602 crore against total equity of ₹13,173 crore. A year earlier, on 31 March 2025, it was 0.45.

What is the NMDC Steel promoter holding?

Promoters held 60.79% of NMDC Steel on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What is the NMDC Steel free cash flow?

In FY26, NMDC Steel generated ₹1,796 crore of cash from operations and spent ₹271 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹1,525 crore. In FY25 it was ₹1,538 crore.

What are the NMDC Steel latest quarterly results?

NMDC Steel's latest results are for Q1 FY27 (April–June 2026), filed on 15 August 2026: consolidated net profit ₹50.5 crore, up 97.6% from ₹25.6 crore in Q1 FY26; revenue from operations ₹3,662 crore, up 8.8% year on year.

What is the NMDC Steel revenue and profit in FY26?

In FY26 (April 2025–March 2026), NMDC Steel's consolidated net profit was ₹58.7 crore, against a loss of ₹2,374 crore in FY25, on revenue from operations of ₹13,642 crore (up 60.4%).

How does NMDC Steel compare with its peers?

On FY26 consolidated figures, against JSW Steel, Tata Steel and SAIL: NMDC Steel's operating margin of 3.5% is the lowest of the four (JSW Steel 10.9%, Tata Steel 9.7%, SAIL 5.4%; peer average 8.7%); its return on equity of 0.5% is the lowest of the four (JSW Steel 24.9%, Tata Steel 11.2%, SAIL 5.7%; peer average 13.9%).

How does the NMDC Steel PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit, NMDC Steel's PE ratio is 194.2, the highest of the four: JSW Steel 13.7, Tata Steel 19.6 and SAIL 19.7, a peer average of 17.7. Each is the company's market capitalisation at that price divided by its FY26 net profit.

NMDC Steel vs JSW Steel: how do they compare?

In FY26, NMDC Steel earned net profit of ₹58.7 crore on revenue of ₹13,642 crore, against ₹22,316 crore on ₹1,85,470 crore for JSW Steel. NMDC Steel's operating margin was 3.5% (JSW Steel 10.9%) and its return on equity 0.5% (JSW Steel 24.9%). At the 29 October 2026 close, NMDC Steel's market capitalisation was ₹11,406 crore against ₹3,06,318 crore for JSW Steel, and its PE ratio on FY26 profit 194.2 against 13.7.

Where do these NMDC Steel figures come from?

From NMDC Steel's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.