Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: Steel

NMDC Limited, together with its subsidiaries, explores for and produces iron ore in India. It explores for a range of minerals, such as iron ore, copper, rock phosphate, limestone, magnesite, diamond, tungsten, and beach sands. The company primarily holds interests in the Bailadila iron ore mines located in Kirandul Complex and Bacheli Complex, Chattisgarh; Donimalai iron ore mines located in various regions, including Donimalai and Kumaraswamy, Karnataka; and a diamond mining project located in Panna, Madhya Pradesh. In addition, it produces and sells sponge iron and pellets; and generates and distributes solar and wind power. The company exports its iron ore products to Japan. NMDC Limited was incorporated in 1958 and is headquartered in Hyderabad, India.

Revenue projections:

Revenue projections for NMDC
Revenue projections for NMDC

With NMDC's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.

Financial Ratios:

currentRatio 2.429000
forwardPE 8.437326
debtToEquity 18.802000
earningsGrowth 0.377000
revenueGrowth 0.619000
grossMargins 0.456440
operatingMargins 0.219680
trailingEps 8.470000
forwardEps 10.067170

NMDC's current ratio, being 2.429, demonstrates that the company has the liquidity necessary to service its short-term debt. With strong cash reserves and current assets, NMDC is well-equipped to meet its immediate financial obligations without any difficulties.
NMDC Limited's low Debt-to-Equity ratio means it is not excessively reliant on debt financing. This low leverage suggests lower financial risk and stronger equity control, positioning the company in a more stable financial situation and reducing vulnerability to debt-related issues.
With positive growth in both earnings and revenue, NMDC Limited is expected to grow its business. These indicators highlight a strong financial outlook, with the company on track for continued expansion and increasing profitability.
NMDC Limited's positive gross and operating margins indicate strong financial performance. These margins show that the company is profitable and efficient in its operations, with effective cost control contributing to its overall financial success.
NMDC Limited's forward EPS exceeding its trailing EPS reflects expectations of increased profitability for the current year. This suggests that the company is projected to achieve higher earnings than in the previous financial year, signaling positive growth and improved financial health.

Price projections:

Price projections for NMDC
Price projections for NMDC

NMDC's stock price has consistently been near the lower edge of expected values, indicating potential struggles in meeting growth projections. This trend may reflect a cautious market sentiment toward the company.

Recommendation changes over time:

Recommendations trend for NMDC
Recommendations trend for NMDC


Analysts have recently developed a sell bias for NMDC, suggesting caution when making investment decisions. Investors are advised to rely on a broad range of market indicators rather than solely on this bias to ensure a more comprehensive understanding of the stock's potential before taking action.