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On 6 Nov 2026, NMDC Steel was priced at ₹39.60, or 136.6× trailing earnings, against an industry P/E of 19.9×, and the shares are 26% below their 52-week high. Its ROCE of 3.5% is the lowest among the 7 largest Steel peers. Debt is 0.35× equity. It is a small-cap company with a market cap of ₹11,605 Cr, ranked 18th of 150 Steel companies by market cap; the shares fell 11% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹39.59
Day high
₹39.75
Day low
₹39.10
Prev. close
₹39.89
Volume
16.7 L

Health check

5 to check
  • ReturnsBehind

    −11.3% over a year, better than 0 of 7 peers.

  • Price tagPricier

    P/E 136.6 vs industry 19.9.

  • Growthn/a

    Not enough yearly results to measure.

  • ProfitabilityWeak

    ROCE 3.5% vs peer median 18.7%.

  • Balance sheetStretched

    Debt 0.35× equity, interest covered 1.2×, Piotroski 8 of 9.

  • Red flags2 to check

    Return on equity is low at 0.4%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Steel

149 listed peers. Screen the industry

Small cap

₹11,605 Cr, #18 of 150 in its industry by size.

Defensive

Beta 0.74 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹13,938 Cr · profit ₹84 Cr
Market cap
₹11,605 Cr
Small cap
P/E
136.6
Industry 19.9
Price to book
0.88
Peers 2.28
Dividend yield
0.00%
ROE
0.4%
Peers 23.4%
ROCE
3.5%
Peers 18.7%
Debt to equity
0.35
Debt ₹4,613 Cr
EPS (TTM)
₹0.29
Face value ₹10
OPM (TTM)
7.8%
Net margin 0.6%
Sales growth
+8.8%
Latest quarter vs a year ago
Profit growth
+97.6%
Latest quarter vs a year ago
Price to sales
0.83
EV/EBITDA 9.3

Strengths and risks

Strengths

  • Quarterly profit up 97.6% on a year ago.

Risks to check

  • Return on equity is low at 0.4%.
  • P/E of 136.6 against an industry P/E of 19.9.

Derived automatically from reported figures. Not a recommendation.

About NMDC Steel

NMDC Steel Limited manufactures and sells iron and steel products in India. The company offers hot rolled coils, sheets, and plates; structural steel; pig iron; and LPG cylinders, bridges, automobile, pipes, storage tanks, boilers, railway wagons and other structural steel products. It also provides tube and pipe grade, boiler and pressure vessel grade, commercial forming grades, cold rolling grade, and HSLA Grade. It serves infrastructure and…

Headquarters
Hyderabad
Employees
1,045
Sector
Basic Materials
ISIN
INE0NNS01018
Website
nsltd.in

Price range

52 weeks

₹33.01₹53.75

Today

₹39.10₹39.75
Avg volume (3M)
71 L
1-year return
minus 11.3%
From 52-week high
minus 26.3%

Peers · Steel

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
JSWSTEELJSW Steel1,357.10plus 0.11%3,31,26511.712.218.7%17.7%0.623.6%plus 14.7%
TATASTEELTata Steel186.30plus 2.36%2,32,39721.19.111.3%15.2%0.89−1.6%plus 1.5%
JINDALSTELJindal Steel1,165.00plus 1.31%1,18,59441.514.97.5%15.9%0.42−13.1%plus 6.4%
LLOYDSMELloyds Metals And Energy1,785.50minus 1.38%1,00,48219.118.819.4%37.4%1.2371.3%plus 37.4%
SAILSteel Authority of India171.60minus 0.41%70,88012.68.17.2%12.9%0.502.0%plus 24.7%
NMDCNMDC70.40minus 0.01%61,8948.36.228.4%30.0%0.1922.0%minus 5.2%
APLAPOLLOAPL Apollo Tubes2,185.30minus 0.41%60,67746.332.728.0%8.2%0.1712.6%plus 23.3%
NSLNISPNMDC Steel39.60minus 0.73%11,605136.610.13.5%10.8%0.35–minus 11.3%
Median of 7 peers–−0.01%1,00,48219.112.218.7%15.9%0.503.6%14.7%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
3,3653,3903,0083,8793,662
3,1953,1832,9103,2963,462
17020797.5583200
5.0%6.1%3.2%15.0%5.5%
25821.118.7249242
13412812896.4126
258283252249242
36.1−183−26448674
29.3%37.2%7.5%19.4%31.7%
25.6−115−24439250.5
0.09-0.39-0.831.340.17

Profit & loss

Yearly, ₹ crore
ROE
0.4%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
–3,0498,50313,642
––+178.9%+60.4%
–4,45210,25412,041
35.6−1,403−1,7511,601
–−46.0%−20.6%11.7%
–11434.63.5
–331652487
35.65819531,042
–−0.50.2−0.2
–−2,201−3,32275.8
–29.1%28.5%22.5%
–−1,560−2,37458.7
–-5.32-8.100.20

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
2,9312,9312,9312,931
14,11812,55810,18410,243
3,8426,6625,9094,613
4,6787,2189,44410,451
25,56829,36828,46728,237
20,90321,54820,87120,044
19,7851,275745596
––135–
655182371105
−15,7746,3636,3467,492
25,56829,36828,46728,237

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
1,535−2,8251,9661,796
−2,207−228−506109
1,2932,439−1,460−1,902
620−6140.41.8
−2,155−584−428−271
−621−3,4091,5381,525

Shareholding pattern

Source: NSE filings
60.8%
promoters
  • Promoters60.79%
  • Public39.21%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202660.79%39.21%0.00
30 Jun 202660.79%39.21%0.00
31 Mar 202660.79%39.21%0.00
31 Dec 202560.79%39.21%0.00
30 Sep 202560.79%39.21%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you