NMDC Steel share price
NSE: NSLNISPBSE: 543768Ferrous MetalsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹39.08.
- 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.
- ₹11,007 Cr497th 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
- 131.6
- 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 29 May 2026
- 0.8
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- 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 average of the latest balance sheet and the one a year before it. The filing of 15 Aug 2026
- 0.6%
- 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
- 2.7%
- 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 29 May 2026
- 0.35
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 59,27,14345.9% delivered
Results
Standalone; ₹ 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.
- ₹3,662 Crdown 5.60%
- 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.
- ₹51 Crdown 87.11%
- 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.
- 1.4%
Revenue by year
Net profit by year, a loss in red
- Net profit
- Loss
| ₹ crore | Sep 2024Filed 13 Nov | Dec 2024Filed 7 Feb | Mar 2025Filed 12 Jun | Jun 2025Filed 12 Aug | Sep 2025Filed 29 Oct | Dec 2025Filed 3 Feb | Mar 2026Filed 29 May | Jun 2026Filed 15 Aug |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,522 | 2,120 | 2,838 | 3,365 | 3,390 | 3,008 | 3,879 | 3,662 |
| Net profit | −595 | −758 | −473 | 26 | −115 | −244 | 392 | 51 |
| 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. | −39.1% | −35.8% | −16.7% | 0.8% | −3.4% | −8.1% | 10.1% | 1.4% |
Business segments
In the year to Mar 2026 the company reports one business segment, STEEL PRODUCTS, which carries all its revenue.
Valuation
Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history
At or below today's level on 17% of 722 trading days since Nov 2023.
At or below today's level on 1% of 177 trading days since Feb 2026.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −0.5% | – | – | 0.0% |
| 3 years | +2.3% | – | – | 0.0% |
Mutual funds holding it
48 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 43 of the 44 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.Mutual fund holdings
- AddedAdded. Funds that held more shares than at the end of the month before.
- 13
- CutCut. Funds that held fewer shares than at the end of the month before.
- 31
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 4
| Fund | |||
|---|---|---|---|
 Aditya Birla Sun Life Small Cap FundAditya Birla Sun Life Mutual Fund | 1,15,16,491 | 0.78% | ₹47.6 Cr |
 SBI Contra FundSBI Mutual Fund | 26,06,407 | 0.02% | ₹10.8 Cr |
| SBI Comma FundSBI Mutual Fund | 23,00,000 | 0.79% | ₹9.50 Cr |
 Nippon India Nifty Smallcap 250 Index FundNippon India Mutual Fund | 17,81,366 | 0.21% | ₹7.36 Cr |
 ICICI Prudential PSU Equity FundICICI Prudential Mutual Fund | 15,35,089 | 0.36% | ₹6.34 Cr |
 HDFC Nifty Smallcap 250 ETFHDFC Mutual Fund | 13,97,824 | 0.21% | ₹5.78 Cr |
| SBI Nifty Smallcap 250 Index FundSBI Mutual Fund | 9,04,904 | 0.21% | ₹3.74 Cr |
 Motilal Oswal Nifty Smallcap 250 Index FundMotilal Oswal Mutual Fund | 6,41,887 | 0.21% | ₹2.65 Cr |
| ICICI Prudential Nifty Smallcap 250 Index FundICICI Prudential Mutual Fund | 4,05,756 | 0.21% | ₹1.68 Cr |
| HDFC Nifty Smallcap 250 Index FundHDFC Mutual Fund | 3,89,133 | 0.21% | ₹1.61 Cr |
Peers and competitors
Iron & Steel, 15 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to NMDC Steel in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Jindal SteelJINDALSTEL | 1,03,631 | 38.1 | 2.0 | 13.0 | +16.5% | −8.4% | 5.5% | 8.0% | 0.20% |
 Steel Authority of IndiaSAIL | 67,881 | 15.9 | 1.1 | 7.4 | +6.4% | +40.8% | 7.2% | 7.9% | 1.43% |
 Jindal StainlessJSL | 56,671 | 17.0 | 2.7 | 10.6 | +11.7% | +20.6% | 17.0% | 16.0% | 0.58% |
 Sarda Energy & MineralsSARDAEN | 15,644 | 13.8 | 2.1 | 9.5 | +5.9% | +20.8% | 16.5% | 14.6% | 0.45% |
 Vedanta Iron and SteelVISL | 10,253 | – | – | – | – | – | – | – | 0.00% |
 Sandur Manganese & Iron OresSANDUMA | 7,611 | 10.6 | 2.3 | 6.8 | +45.2% | +45.7% | 24.5% | 24.4% | 0.32% |
 Jai Balaji IndustriesJAIBALAJI | 5,788 | 40.0 | 2.6 | 16.6 | +2.0% | −65.5% | 6.6% | 9.1% | 0.00% |
 Prakash IndustriesPRAKASH | 1,999 | 6.4 | 0.6 | 4.4 | −10.6% | −12.2% | 9.1% | 8.6% | 1.61% |
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
13 Oct · Management
Sep 2026
Aug 2026
28 Aug · Legal
The exchange asked on 27 Aug 2026
NMDC Steel share price by year
Each calendar year to 2025.NMDC Steel share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 44.25 | +2.5% | 47.67 | 33.04 |
| 2024 | 43.15 | −16.1% | 70.90 | 42.93 |
| 2023 | 51.40 | – | 57.75 | 30.65 |
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 | 39.05 | 39.06 | 36.78 | 37.56 | 37.47 | 59,27,143 | 45.9% |
| 22 Oct 2026 | 39.61 | 39.80 | 38.85 | 39.08 | 39.15 | 25,96,855 | 35.1% |
| 21 Oct 2026 | 40.50 | 40.50 | 39.52 | 39.91 | 39.89 | 31,34,446 | 46.8% |
| 19 Oct 2026 | 40.24 | 40.50 | 39.84 | 40.22 | 40.20 | 27,74,515 | 37.4% |
| 16 Oct 2026 | 39.86 | 40.36 | 39.39 | 40.24 | 40.08 | 44,01,876 | 40.3% |
| 15 Oct 2026 | 42.00 | 42.20 | 39.51 | 39.75 | 40.53 | 2,60,63,391 | 32.5% |
| 14 Oct 2026 | 40.03 | 40.34 | 39.55 | 39.63 | 39.82 | 36,32,197 | 50.5% |
| 13 Oct 2026 | 40.00 | 40.50 | 39.15 | 40.07 | 39.96 | 24,24,521 | 40.4% |
| 12 Oct 2026 | 39.40 | 40.09 | 39.22 | 39.65 | 39.59 | 19,43,012 | 41.8% |
| 9 Oct 2026 | 39.10 | 39.85 | 38.86 | 39.23 | 39.38 | 29,29,880 | 33.6% |
About NMDC Steel
NMDC Steel Limited runs an integrated steel plant at Nagarnar in Chhattisgarh. It makes hot rolled coils, sheets and plates for customers in infrastructure and construction, automotive, energy, oil and gas, and engineering and fabrication. It is a Government Company under the administrative control of the Ministry of Steel, Government of India, and its shares are listed on the BSE, NSE and Calcutta Stock Exchange.
The plant has coke ovens, a sinter plant, a blast furnace, two 175 tonne converters, a thin slab caster and a hot strip mill with a capacity of 2.9 million tonnes a year. The mill rolls steel up to 1,650 mm in width and from 1 mm to 16 mm in thickness. The product range includes low carbon steel, HSLA and dual phase steel.
The plant stands close to NMDC's Bailadila mines, which supply high-grade iron ore, and is connected to the Visakhapatnam seaport by rail and road. Premium-grade, low-ash coking coal has limited domestic availability, while most other key inputs, including iron ore, limestone, dolomite and manganese ore, are sourced within India.
NMDC Steel Limited was incorporated in 2015 as a wholly owned subsidiary of NMDC Ltd, with a mandate to build the steel plant. The Ministry of Corporate Affairs approved the demerger of NMDC's Nagarnar Iron and Steel Plant into the company by an order dated 6 October 2022, and the demerger came into effect on 13 October 2022. The blast furnace was inaugurated on 15 August 2023, and commercial production of hot rolled coils began on 31 August 2023.
- Legal name
- NMDC Steel Limited
- NSE symbol
- NSLNISP
- BSE code
- 543768
- ISIN
- INE0NNS01018
- Industry
- Ferrous Metals
- Listed
- Feb 2023
- Face value
- ₹10
- CIN
- L27310CT2015GOI001618
- Corporate identity number, the registrar of companies' code for it