NMDC Steel Limited
₹37.68-₹1.22 (-3.1%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹12,244 Cr
- EV / EBITDA
- -13.2x
- Revenue
- ₹8,503 Cr
- Net margin
- -51.2%
- ROCE
- -6.5%
Price chart
Technical chartScreen technicals →-13.2% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -8.9%
- 3M
- -11.7%
- 6M
- -11.8%
- 1Y
- -13.2%
- 5Y
- +18.1%
52-week range
Day change -₹1.22 (-3.1%) from ₹39 to ₹38 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in NSLNISP, bought on each weekday since 2023.
AI Summary
Indian StockStrengths1
- Strong operating cash conversion — CFO/PAT ratio of 1.81
Concerns1
- Company is not currently profitable
Rule-based from financial data. Not advice.
About the company
NMDC Steel Limited manufactures and sells steel products in India. It offers hot rolled coils, sheets, and plates of welded steel pipe for pipeline transportation systems; structural and silicon steel; pig iron; and LPG grades of LPG cylinders manufacturing. The company also provides tube and pipe grade, boiler and pressure vessel grade, commercial forming grades, cold rolling grade, and HSLA Grade.
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NMDC Steel Limited manufactures and sells steel products in India. It offers hot rolled coils, sheets, and plates of welded steel pipe for pipeline transportation systems; structural and silicon steel; pig iron; and LPG grades of LPG cylinders manufacturing. The company also provides tube and pipe grade, boiler and pressure vessel grade, commercial forming grades, cold rolling grade, and HSLA Grade. It serves infrastructure and construction; automotive and mobility; energy, oil, and gas; and engineering and fabrication industries. NMDC Steel Limited was incorporated in 2015 and is based in Hyderabad, India.
- Sector
- Materials
- Shares outstanding
- 293 Cr shares
- ISIN
- INE0NNS01018
- BSE code
- 543768
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹12,244 Cr
- P/B
- 0.9x
- EV / EBITDA
- -13.2x
- EV / Sales
- 5.7x
- P/S
- 4.0x
- 52-week high
- ₹52.52
- 52-week low
- ₹33.19
Profitability
- Operating margin
- -47.1%
- Net margin
- -51.2%
- EBITDA margin
- -43.2%
- ROE
- -10.1%
- ROCE
- -6.5%
- ROA
- -5.3%
- Dividend payout
- 0.0%
- Tax rate
- -29.0%
- Other income, % of PBT
- -5.4%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹8,503 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 178.9%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹1,317 Cr
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 52.2%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹2,825 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -286.3%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 14.9%
Solvency and efficiency
- Current ratio
- 1.09
- Debt / Equity
- 0.43
- Debt / Assets
- 0.23
- Debt / EBITDA
- -5.06
- Financial leverage
- 1.90
- CFO / Net profit
- 1.81
- Cash / Market cap
- 64.4%
- Cash per share
- ₹26.91
- Asset turnover
- 0.10
- Fixed asset turnover
- 0.15
- Capital intensity
- 6.65
- Debtor days
- 4 days
- Inventory turnover
- 0.87
- Cash conversion cycle
- 141 days
Where the revenue went
FY2025 ended in a loss, so the lines are listed rather than drawn as a flow.
| Line | FY2025 |
|---|---|
| Sales | ₹8,503 Cr |
| Expenses | ₹10,291 Cr |
| Operating profit | -₹1,788 Cr |
| Other income | ₹72 Cr |
| Interest | ₹652 Cr |
| Depreciation | ₹953 Cr |
| Profit before tax | -₹3,322 Cr |
| Tax and other | -₹948 Cr |
| Net profit | -₹2,374 Cr |
Revenue and net profit
Revenue grew 178.9% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹0 Cr | ₹0 Cr |
| FY2022 | ₹0 Cr | ₹0 Cr |
| FY2023 | ₹0 Cr | ₹0 Cr |
| FY2024 | ₹3,049 Cr | -₹1,560 Cr |
| FY2025 | ₹8,503 Cr | -₹2,374 Cr |
Cash flows
FY2025: ₹1,966 Cr from operations, ₹1,460 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹0 Cr | ₹0 Cr |
| FY2022 | ₹743 Cr | -₹1,148 Cr |
| FY2023 | ₹1,516 Cr | -₹673 Cr |
| FY2024 | -₹2,825 Cr | -₹3,053 Cr |
| FY2025 | ₹1,966 Cr | ₹1,460 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹8,503 Cr+178.9%1Y
- Net profit
- -₹2,374 Cr
- Cash from operations
- ₹1,966 Cr
- Free cash flow
- ₹1,460 Cr
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹8,503 Cr | -₹1,788 Cr | — | -₹2,374 Cr | ₹1,966 Cr | ₹1,460 Cr | -18.1% | +178.9% | +52.2% |
Monthly returns
Month-by-month returns of NSLNISP across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹28,470 Cr |
| Equity capital | ₹2,931 Cr |
| Reserves | ₹10,184 Cr |
| Borrowings | ₹5,909 Cr |
| Other liabilities | ₹9,446 Cr |
| Assets | ₹28,470 Cr |
| Fixed assets | ₹20,131 Cr |
| Capital work in progress | ₹717 Cr |
| Investments | ₹0 Cr |
| Other assets | ₹7,621 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
NSLNISP has no positive P/E; the peer median is 35.5x.
Not shown (no positive earnings and no EV / Sales): NMDC Steel Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| NMDC Steel LimitedNSLNISPthis company | ₹12,244 Cr | — | 0.9x | -10.1% | -13.2x |
| Aarti Industries LtdAARTIIND | ₹13,175 Cr | 49.0x | 2.3x | 7.9% | 16.4x |
| Aether Industries LimitedAETHER | ₹13,146 Cr | 74.9x | 5.7x | 4.3% | 80.8x |
| Fine Organic Industries LimitedFINEORG | ₹12,930 Cr | 35.8x | 5.5x | 19.8% | 22.8x |
| Nuvoco Vistas Corporation LimitedNUVOCO | ₹12,637 Cr | 64.8x | 1.4x | 1.7% | 12.5x |
| GRAVITA INDIA LIMITEDGRAVITA | ₹11,994 Cr | 45.6x | 7.0x | 39.4% | 47.6x |
| PCBL Chemical LimitedPCBL | ₹11,042 Cr | 30.8x | 2.7x | 16.3% | 13.6x |
| Jubilant Ingrevia LimitedJUBLINGREA | ₹10,899 Cr | 39.8x | 4.3x | 7.2% | 26.2x |
| Supreme Petrochem Ltd.SPLPETRO | ₹10,605 Cr | 34.5x | 4.8x | — | — |
| Peer median | — | 35.5x | 3.7x | 12.9% | 19.2x |
Year-to-date ROI
NSLNISP since 1 January, against earlier years.
Historical volatility
NSLNISP's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2024 | -47.0% |
| FY2025 | -21.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹8,503 Cr |
| Costs | |
| Interest | ₹652 Cr |
| Expenses | ₹10,291 Cr |
| Operating profitOperating Profit | -₹1,788 Cr |
| Other income and charges | |
| Profit before tax | -₹3,322 Cr |
| Tax | |
| Net profitNet Profit | -₹2,374 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹28,470 Cr |
| Equity capitalEquity Capital | ₹2,931 Cr |
| Reserves | ₹10,184 Cr |
| Borrowings | ₹5,909 Cr |
| Other liabilitiesOther Liabilities | ₹9,446 Cr |
| AssetsTotal Assets | ₹28,470 Cr |
| Fixed assetsFixed Assets | ₹20,131 Cr |
| Capital work in progressCWIP | ₹717 Cr |
| Investments | ₹0 Cr |
| Other assetsOther Assets | ₹7,621 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹1,966 Cr |
| Investing cash flowCash from Investing Activity | -₹506 Cr |
| Financing cash flowCash from Financing Activity | -₹1,460 Cr |
| Change in cashNet Cash Flow | ₹0 Cr |
Learn while you research
Academy chapters picked for NMDC Steel Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Growth Investing179% revenue growth is in the top tier, learn how to value growth.7 min read
- 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 05 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read