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

Investors may react cautiously to news that NMDC's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.

Financial Ratios:

currentRatio 0.000000
forwardPE 8.278757
debtToEquity 14.651000
earningsGrowth 0.269000
revenueGrowth 0.214000
grossMargins 0.531500
operatingMargins 0.345520
trailingEps 7.370000
forwardEps 25.790000

NMDC's low Debt-to-Equity ratio means it is not excessively leveraged, implying a reduced financial risk profile. This suggests NMDC maintains a well-balanced financial structure, with more emphasis on equity than debt, ensuring greater flexibility and long-term stability.
With positive earnings and revenue growth, NMDC is on a path to expand its business. This strong financial performance suggests the company will continue to grow, as increasing profits and revenue highlight a healthy outlook.
NMDC'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's forward EPS surpassing its trailing EPS signals projected growth in profitability, with the company expected to perform better this year. This forecast suggests that NMDC's earnings will improve compared to the previous financial year, highlighting optimism in its financial outlook.

Price projections:

Price projections for NMDC
Price projections for NMDC

NMDC Limited's price projections have been revised downward gradually, suggesting that expectations for the company's future performance are becoming more conservative. Analysts may be tempering their optimism based on current trends.

Recommendation changes over time:

Recommendations trend for NMDC
Recommendations trend for NMDC


The analysts' recent buy bias for NMDC Limited indicates strong confidence in the stock's future performance. This could encourage more investors to view NMDC Limited as a worthwhile investment, positioning the company as a top choice for those seeking financial security and long-term growth opportunities.