Steel Authority of vs NMDC: share price, P/E, ROE and financials compared
Steel Authority of India
NMDC
Steel Authority of and NMDC at a glance
Steel Authority of and NMDC are both listed in Metals & Mining. Steel Authority of is the larger by market cap, at ₹70,880 Cr against ₹61,894 Cr for NMDC. On valuation, Steel Authority of has the lower price-to-book (1.13× against 1.81×), while NMDC has the lower P/E (8.3× against 12.6×). On returns and margins, NMDC has the higher ROCE (28.4% against 7.2%), the higher ROE (23.4% against 9.3%) and the higher operating margin (30.0% against 12.9%). Over three years, Steel Authority of has faster 3-year profit growth (+15.7% against +10.0% a year), while NMDC has faster 3-year sales growth (+22.0% against +2.0% a year). NMDC carries less debt for its equity, with a debt-to-equity of 0.19× against 0.50×.
Key metrics, side by side
| Metric | Steel Authority ofSAIL | NMDCNMDC |
|---|---|---|
| Price (₹) | 171.60 | 70.40 |
| Market cap (₹ Cr) | 70,880 | 61,894 |
| P/E | 12.6× | 8.3× (the lower figure, shaded) |
| P/B | 1.13× (the lower figure, shaded) | 1.81× |
| Dividend yield, trailing | 1.37% | 4.97% (the higher figure, shaded) |
| ROE | 9.3% | 23.4% (the higher figure, shaded) |
| ROCE | 7.2% | 28.4% (the higher figure, shaded) |
| Operating margin (OPM) | 12.9% | 30.0% (the higher figure, shaded) |
| Net margin (NPM) | 4.8% | 23.2% (the higher figure, shaded) |
| Sales CAGR 3Y | +2.0% | +22.0% (the higher figure, shaded) |
| Profit CAGR 3Y | +15.7% (the higher figure, shaded) | +10.0% |
| Debt to equity | 0.50× | 0.19× (the lower figure, shaded) |
| Interest cover | 3.1× | 84.7× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | 5,604 | – |
| 1Y return | +24.7% (the higher figure, shaded) | −5.2% |
| Promoter holding | 65.00% | – |
Steel Authority of vs NMDC: common questions
Which is bigger, Steel Authority of or NMDC?
By market cap, Steel Authority of is bigger at ₹70,880 Cr, against ₹61,894 Cr for NMDC (prices as of 6 Nov 2026).
Which has a lower P/E ratio, Steel Authority of or NMDC?
Steel Authority of trades at a P/E of 12.6× and NMDC at 8.3×. NMDC has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Steel Authority of or NMDC?
Steel Authority of reports a return on equity of 9.3% and NMDC 23.4%. NMDC has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Steel Authority of or NMDC?
Over the last three years: Sales grew +2.0% a year at Steel Authority of and +22.0% at NMDC, so NMDC grew sales faster; profit grew +15.7% a year at Steel Authority of and +10.0% at NMDC, so Steel Authority of grew profit faster. Past growth doesn’t predict future growth.