NMDCNSENMDC Limited· MiningHighNeutral
Announced Fri, 29 May · 20:17 IST

NMDC Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Emphasis Of MatterRevenue Growth 20pctEbitda Margin CompressionRelated Party TransactionsContingent Liabilities IncreasedResults View source PDF

NMDC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+7.5%1-day move
₹88.40
prior close
₹89.10
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.5-0.1-0.1-1.0+7.5+8.6+7.1+4.6+0.9+0.2-0.4-4.4
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AI summary

NMDC Limited reported audited standalone results for FY 2025-26 with revenue from operations at ₹31,553.70 crore, up 33% from ₹23,668.32 crore in FY24-25. Profit after tax stood at ₹7,421.24 crore versus ₹6,692.60 crore in the previous year, representing 11% PAT growth. The Board recommended a final dividend of ₹1 per share, in addition to the ₹2.50 interim dividend already paid, totaling ₹3.50 per share for FY25-26. The auditor issued an unmodified opinion but included an Emphasis of Matter highlighting multiple contingent liabilities totaling over ₹24,000 crore, including ₹15,481.72 crore from a potential Karnataka tax bill, ₹4,586 crore from RINL receivables, and ₹1,623 crore and ₹1,620 crore from sub-judice matters. Management remains confident of recovery on major receivables.

Likely market impact

Strong revenue growth of 33% demonstrates NMDC's operational strength, though EBITDA margins compressed from ~39% to ~32% due to higher input costs and royalty expenses. Multiple large contingent liabilities and emphasis matters warrant monitoring, but the dividend payout signals management confidence. Positive cash flow of ₹4,926 crore and low debt levels provide financial flexibility.