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NSE:NSLNISP

NMDC STEEL LIMITED

Metals & Mining › Ferrous Metals·NIFTY 500NIFTY MIDSMALLCAP 400NIFTY MIDSMALLCAP400 50:50NIFTY SMALLCAP 250+4
₹39.05
at close · 28 Oct 2026
▼ 0.25 (-0.64%)
ThemesDefence· mentionRailways· mention

Latest filings

  1. Govt appoints Ms. Sarita Chauhan as Government Director on board · Management Changes
  2. New Government Director appointed at NMDC Steel, replacing Abhijit Narendra · Management Changes
  3. Quarterly compliance certificate for dematerialisation of securities · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures iron and steel products and is classified under the Ferrous Metals industry. It is a subsidiary of state-owned NMDC Limited, which operates under India's Ministry of Steel, with the President of India (Government of India) holding 60.79% of the company as on 31 March 2026. In FY26, revenue from operations was ₹13,641.81 crore, up 60.4% from ₹8,503.05 crore in FY25, and the company swung from a net loss of ₹2,373.78 crore to a net profit of ₹58.72 crore. Q4 FY26 alone delivered revenue of ₹3,879 crore and net profit of ₹391.91 crore. The cost structure is raw-materials-heavy, with materials at 63% of revenue, other operating expenses at 22.7%, depreciation at 7.6%, and employee cost at 1% of revenue. Total assets stood at ₹28,237.28 crore and borrowings were brought down from ₹5,897.64 crore to ₹4,601.94 crore over the year, with operating cash flow of ₹1,795.50 crore in FY26.

Operating scale
FY26 revenue from operations
₹13,641.81 croreFY26
Q4 FY26 revenue
₹3,879 croreQ4 FY26
Government of India promoter holding
60.79%31 March 2026
Total assets
₹28,237.28 croreFY26
Borrowings
₹4,601.94 croreFY26
Operating cash flow
₹1,795.50 croreFY26
Biggest cost
Raw materials at 63% of revenue
Kind of business
Capital-intensive, recently turned profitable steel manufacturer with a heavy raw-material cost structure and significant asset base
Where it sits
Central public-sector steel company, subsidiary of NMDC Limited under the Ministry of Steel, with the Government of India as 60.79% promoter
Market Cap
₹11,444 Cr
P / E (TTM)
126.0×
EV / EBITDA
9.9×
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
3.5%·
ROCE (FY26)
ROE 0.4% · margin 11.8%
Leverage
0.35·
Debt / Equity · low
Net debt ₹4,593 Cr
Moves on a normal day
1.26%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 10 Iron & Steel peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#11/11
P/B#4/11
ROCE#11/11
ROE#11/11
Debt / Equity#5/11
EBITDA margin#9/11
Revenue growth#7/11
Profit growth#3/11

Scorecard

Measured from the filed financials, judged against its Iron & Steel peers · as of FY26 — not investment advice

Strengths
Debt at 0.35× equity
lower than 60% of its 11 Iron & Steel peers
Negative working-capital cycle — the business is funded by its suppliers
Concerns
Returns on capital 3.5%
#11 of 11 in Iron & Steel on the latest reported figures · up from 0.0% in FY23

Charts

How has the market priced it — with filings on the timeline?

NSLNISP · price

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

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from NMDC STEEL LIMITED's filed financials and exchange disclosures

What does NMDC STEEL LIMITED do?

NMDC STEEL LIMITED is a Ferrous Metals company listed on NSE and BSE, trading under the symbol NSLNISP.

Is NMDC STEEL LIMITED profitable?

Yes. Over the trailing twelve months NMDC STEEL LIMITED reported a net profit of ₹84 Cr on revenue of ₹13,938 Cr.

Does NMDC STEEL LIMITED pay a dividend?

Not in the latest reported year — NMDC STEEL LIMITED's dividend payout for FY26 was nil.

Is NMDC STEEL LIMITED debt-free?

No. It reported borrowings of ₹4,602 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹4,593 Cr after cash. Debt stands at 0.35× equity. That is lower than 60% of its 11 Iron & Steel peers.

Is NMDC STEEL LIMITED expensive compared with its peers?

On trailing P/E, NMDC STEEL LIMITED ranks 11 of 11 in Iron & Steel — cheaper than 0% of them, against an industry median of 14.2×. This is a position, not a valuation judgement.

How much does the NMDC STEEL LIMITED share price move in a day?

On a typical session NMDC STEEL LIMITED moves 1.26% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track NMDC STEEL LIMITED's announcements?

Every NSE and BSE filing by NMDC STEEL LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.