NMDC share price
NSE: NMDCBSE: 526371Minerals & MiningMid Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹68.88.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹58,334 Cr142nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 15 Aug 2026
- 7.8
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 30 May 2026
- 1.7
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 5.28%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the latest balance sheet's; the one a year before is not on record. The filing of 15 Aug 2026
- 21.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 15 Aug 2026
- 22.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 30 May 2026
- 0.17
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 2,23,85,58541.2% delivered
Results
Standalone, as consolidated accounts are on record for only 9 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 15 Aug
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹6,795 Crdown 39.18%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹2,007 Crdown 0.64%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 29.5%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2023, part of the business was demerged on 27 Oct 2022, and figures before the change include the part that left.
| ₹ crore | Sep 2024Filed 11 Nov | Dec 2024Filed 6 Feb | Mar 2025Filed 12 Jun | Jun 2025Filed 12 Aug | Sep 2025Filed 29 Oct | Dec 2025Filed 3 Feb | Mar 2026Filed 30 May | Jun 2026Filed 15 Aug |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,807 | 6,531 | 6,953 | 6,634 | 6,261 | 7,486 | 11,173 | 6,795 |
| Net profit | 1,269 | 1,944 | 1,496 | 1,969 | 1,694 | 1,738 | 2,020 | 2,007 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 26.4% | 29.8% | 21.5% | 29.7% | 27.1% | 23.2% | 18.1% | 29.5% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Iron OreIron Ore, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹25,015 Cr77.3%
- HR Coil & SheetsHR Coil & Sheets, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹3,961 Cr12.2%
- Pellet ,Other Minerals, Products, Services & OthersPellet ,Other Minerals, Products, Services & Others, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹3,387 Cr10.5%
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2023: days before it are of the company before the change.PE ratio and valuation history
At or below today's level on 30% of 2,155 trading days over the last 10 years.
At or below today's level on 55% of 1,826 trading days since Nov 2018.
At or below today's level on 30% of 915 trading days over the last 5 years.
At or below today's level on 71% of 2,453 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | With the demerger reinvestedReturn with the demerger reinvested. The yearly price growth with the price before the demerger multiplied by the demerger's price factor (its opening price on the ex-date over the close before it), plus the average dividend yield: the return of a holder who put the value of the shares of the company that was split off back into this share on the ex-date. | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|---|
| 1 year | +14.0% | – | +10.9% | −0.2% | 3.3% |
| 3 years | +30.9% | – | +10.3% | +15.2% | 3.9% |
| 5 years | +16.4% | +24.4% | +3.5% | +7.3% | 5.3% |
Mutual funds holding it
201 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 120 of the 136 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 1
- AddedAdded. Funds that held more shares than at the end of the month before.
- 74
- CutCut. Funds that held fewer shares than at the end of the month before.
- 62
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 63
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 3
| Fund | |||
|---|---|---|---|
 Kotak Arbitrage FundKotak Mahindra Mutual Fund | 4,00,14,000 | 0.41% | ₹306.3 Cr |
 ICICI Prudential Arbitrage FundICICI Prudential Mutual Fund | 3,48,57,000 | 0.75% | ₹266.8 Cr |
 SBI Contra FundSBI Mutual Fund | 2,85,39,000 | 0.48% | ₹218.4 Cr |
 Invesco India Arbitrage FundInvesco Mutual Fund | 2,82,75,750 | 0.71% | ₹216.4 Cr |
| SBI Flexicap FundSBI Mutual Fund | 2,77,36,358 | 0.96% | ₹212.3 Cr |
 Aditya Birla Sun Life Arbitrage FundAditya Birla Sun Life Mutual Fund | 2,76,95,250 | 0.79% | ₹212.0 Cr |
| SBI Arbitrage FundSBI Mutual Fund | 2,56,90,500 | 0.42% | ₹196.6 Cr |
 Edelweiss Arbitrage FundEdelweiss Mutual Fund | 2,51,43,750 | 1.35% | ₹192.5 Cr |
| Aditya Birla Sun Life PSU Equity FundAditya Birla Sun Life Mutual Fund | 2,38,39,816 | 3.16% | ₹182.5 Cr |
 Tata Arbitrage FundTata Mutual Fund | 2,36,18,250 | 0.74% | ₹180.8 Cr |
Peers and competitors
Industrial Minerals, 15 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to NMDC in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Lloyds Metals and EnergyLLOYDSME | 1,00,307 | 21.0 | 7.2 | 14.5 | +233.8% | +210.7% | 47.0% | 21.0% | 0.06% |
 Gujarat Mineral Development CorporationGMDCLTD | 13,502 | 14.1 | 1.9 | 28.5 | +2.2% | +43.7% | 14.2% | 4.6% | 2.24% |
 Gravita IndiaGRAVITA | 9,914 | 25.3 | 4.0 | 23.5 | +17.5% | +15.8% | 17.3% | 12.5% | 0.00% |
 MOILMOIL | 4,386 | 14.4 | 1.6 | 7.8 | +5.8% | +8.1% | 11.4% | 10.9% | 2.47% |
 Ashapura MinechemASHAPURMIN | 4,017 | – | 2.4 | 9.3 | +62.6% | – | – | 13.5% | 0.48% |
 The Orissa Minerals Development CompanyORISSAMINE | 1,939 | 582.0 | – | 120.2 | +47.4% | – | – | 18.7% | 0.00% |
 Petro Carbon and ChemicalsPCCL | 988 | 38.6 | 5.1 | – | +94.8% | +170.8% | 14.0% | – | 0.00% |
 20 Microns20MICRONS | 617 | 9.1 | 1.3 | 5.5 | +2.4% | +10.4% | 14.8% | 16.3% | 0.71% |
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.| Ex-date | Type | Per share |
|---|---|---|
| 5 Oct 2026 | Dividend | ₹1.00 |
| 13 Feb 2026 | Interim | ₹2.50 |
| 14 Aug 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.00 |
| 21 Mar 2025 | Interim | ₹2.30 |
| 17 Sep 2024 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.50 |
| 27 Feb 2024 | Interim | ₹5.75 |
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
13 Oct · Management
Sep 2026
NMDC share price by year
Each calendar year to 2025.NMDC share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 83.17 | +26.2% | 83.41 | 60.00 |
| 2024 | 65.92 | −5.7% | 94.07 | 65.92 |
| 2023 | 69.88 | +70.4% | 69.88 | 34.77 |
| 2022Demerger | 41.02 | −7.7% | 58.15 | 33.25 |
| 2021 | 44.43 | +16.5% | 67.65 | 35.07 |
| 2020 | 38.15 | −11.2% | 46.27 | 21.02 |
| 2019 | 42.97 | +33.1% | 42.97 | 26.23 |
| 2018 | 32.28 | −29.7% | 53.95 | 30.45 |
| 2017 | 45.93 | +11.7% | 50.08 | 34.68 |
| 2016 | 41.13 | +37.3% | 46.12 | 25.55 |
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 68.60 | 68.72 | 65.15 | 66.35 | 66.38 | 2,23,85,585 | 41.2% |
| 22 Oct 2026 | 69.46 | 69.46 | 67.80 | 68.88 | 68.58 | 1,02,13,019 | 43.6% |
| 21 Oct 2026 | 70.68 | 71.11 | 68.95 | 69.60 | 69.56 | 1,74,14,848 | 62.0% |
| 19 Oct 2026 | 71.95 | 72.10 | 70.30 | 70.50 | 71.16 | 98,63,444 | 64.1% |
| 16 Oct 2026 | 71.18 | 71.92 | 70.89 | 71.69 | 71.65 | 1,53,03,261 | 67.0% |
| 15 Oct 2026 | 71.11 | 71.29 | 70.50 | 70.82 | 70.86 | 2,07,82,467 | 68.5% |
| 14 Oct 2026 | 71.28 | 71.87 | 71.03 | 71.08 | 71.49 | 1,24,10,170 | 54.2% |
| 13 Oct 2026 | 70.71 | 71.60 | 70.29 | 71.34 | 71.13 | 1,19,06,833 | 53.4% |
| 12 Oct 2026 | 71.99 | 72.24 | 70.34 | 70.34 | 71.20 | 1,56,49,136 | 58.9% |
| 9 Oct 2026 | 71.02 | 72.33 | 70.75 | 71.80 | 71.82 | 1,65,69,636 | 48.8% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 27 Dec 2024 | Bonus | 0.3333 | Holders received 2 bonus shares for every 1 held. |
| 27 Oct 2022 | Demerger | 0.7055 | Part of the business became a separate company. The factor is the opening price on the ex-date divided by the previous close. The chart shows earlier prices with the demerger reinvested. |
| 21 May 2008 | Bonus | 0.3333 | Holders received 2 bonus shares for every 1 held. |
| 10 Apr 2008 | Split | 0.1000 | Each share became 10. |
About NMDC
NMDC Limited mines iron ore in India and supplies it to steel makers. It is a central public sector enterprise that works under the administrative control of the Ministry of Steel, Government of India. It was founded on 15 November 1958, and its corporate office is in Hyderabad.
Its iron ore comes from three highly mechanized mine complexes. Kirandul and Bacheli are in Dantewada, Chhattisgarh. Donimalai is in Bellary, Karnataka, and is worked from two pits, Kumaraswamy and Donimalai. The Karnataka mines provide raw material to steel mills in southern India, and a pellet plant operates at Donimalai. NMDC also operates a diamond mine at Panna in Madhya Pradesh. A research and development centre at Hyderabad supports its operations.
NMDC has widened its business beyond iron ore into other minerals. Coal mining began at the Tokisud North block in Jharkhand in January 2026, which marked the company's entry into domestic coal mining. Outside India, it holds 92.84% of Legacy Iron Ore Limited, a company listed in Australia and based in Perth, Western Australia, which focuses on gold, iron ore and base metals. It also holds a 26% stake in International Coal Ventures Private Limited, which supplies coking coal from the Benga mine in Mozambique. NMDC has opened offices in Dubai and Sydney.
Its steel unit has since been demerged from the company.
- Legal name
- NMDC Limited
- NSE symbol
- NMDC
- BSE code
- 526371
- ISIN
- INE584A01023
- Industry
- Minerals & Mining
- Face value
- ₹1
- CIN
- L13100TG1958GOI001674
- Corporate identity number, the registrar of companies' code for it