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NSE: NMDC ( National Mineral Development Corporation)

What is NSE: NMDC complete form?

The NSE: NMDC full form is National Mineral Development Corporation. With around 30 million tonnes of iron ore produced annually from its mines in Karnataka and Chhattisgarh, NMDC Limited is India’s largest exporter and producer of the mineral.

It was founded in 1958 as a publicly traded company owned and run by the Indian government, India. Its administrative headquarters are in Hyderabad, India, and it is governed by the Ministry of Steel of the Indian government.

Features of NMDC

Become a premier steel manufacturer with a positive attitude toward social development and a global association for mining that is ecologically responsible.

Maintaining its position as the most prominent iron producer in India, establishing itself as a premium steel producer, and growing the business through purchasing and operating various iron ore, coal, and other mineral properties in India and abroad, resulting in high investor satisfaction.

Main objectives of NMDC

objectives

growing its mineral processing operations to satisfy the cumulative demands of the domestic and international markets

To fulfill requirements for per capita income, cost-effectiveness, and value-added on the global stage

Increased iron ore production to 50 MTPA by 2018–19 and 67 MTPA by 2021–22

Operating Mines

Include the Dantewada Donimalai Iron Ore Mine in Donimalai, Bellary district, Karnataka; the Bailadila Iron Ore Mine in the Kirandul Complex, District of South Bastar; and the Bailadila Iron Ore Mine in the Bacheli Complex, District of South Bastar. Due to a royalties disagreement in December 2019, it has been put on hold for over a year.

NMDC Financials

NSE: NMDC

INCOME(P&L) – QUARTERLY

DEC 2022 SEP 2022 JUN 2022 MAR 2022 DEC 2021
Total Income 3,924.75 3,754.77 4,913.06 7,034.83 6,026.68
Total Income Growth (%) 4.53 -23.58 -30.16 16.73 -12.43
Total Expenses 2,663.08 2,551.44 2,953.60 4,131.47 3,323.25
Total Expenses Growth (%) 4.38 -13.62 -28.51 24.32 -11.16
EBIT 1,261.67 1,203.33 1,959.46 2,903.36 2,703.43
EBIT Growth (%) 4.85 -38.59 -32.51 7.40 -13.95
Profit after Tax (PAT) 912.23 972.22 1,441.89 1,817.45 2,049.81
PAT Growth (%) -6.17 -32.57 -20.66 -11.34 -11.88
EBIT Margin (%) 32.15 32.05 39.88 41.27 44.86
Net Profit Margin (%) 23.24 25.89 29.35 25.84 34.01
Essential EPS (₹) 3.11 3.32 4.92 6.20 6.99

ANNUAL

FY 2022 FY 2021 In FY 2020 FY 2019 FY 2018
Total Revenue 26,600.25 15,721.66 12,213.58 12,741.63 12,138.12
Total Revenue Growth (%) 69.19 28.72 -4.14 4.97 24.64
Total Expenses 13,626.01 6,826.14 6,002.11 5,547.61 6,105.85
Total Expenses Growth (%) 99.62 13.73 8.19 -9.14 12.02
Profit after Tax (PAT) 9,379.60 6,277.01 3,573.29 4,618.84 3,808.46
PAT Growth (%) 49.43 75.66 -22.64 21.28 49.71
Operating Profit Margin (%) 50.27 57.98 53.17 59.52 52.25
Net Profit Margin (%) 36.24 40.83 30.54 38.00 32.78
Essential EPS (₹) 32.00 20.70 11.67 14.69 12.04

BALANCE SHEET

ANNUAL FY 2022 FY 2021 In FY 2020 FY 2019 FY 2018
Total Assets 44,851.57 36,929.80 31,294.43 29,891.23 28,691.32
Total Assets Growth (%) 21.45 18.01 4.69 4.18 11.28
Total Liabilities 9,851.22 7,032.21 3,613.31 3,833.34 4,259.02
Total Liabilities Growth (%) 40.09 94.62 -5.74 -9.99 33.68
Total Equity 35,000.35 29,897.59 27,681.12 26,057.89 24,432.30
Total Equity Growth (%) 17.07 8.01 6.23 6.65 8.12
Current Ratio (x) 2.28 1.91 2.64 2.60 2.50
Total Debt to Equity (x) 0.10 0.07 0.02 0.01 0.02
Contingent Liabilities 11,844.86 9,854.61 8,601.95 9,879.21 10,070.50

CASH FLOW

ANNUAL FY 2022 FY 2021 In FY 2020 FY 2019 FY 2018
Net Cash Flow from Operating Activities 7,639.36 7,266.11 2,125.97 4,096.64 3,376.28
Net Cash Used in Investing Activities -5,065.75 -4,316.28 -312.76 -789.23 -1,864.88
Net Cash Flow from Financing Activities -2,916.29 -2,591.30 -1,753.31 -3,296.13 -1,557.17
Net Cash Flow -342.68 358.53 59.90 11.28 -45.77
Closing Cash & Cash Equivalent 121.42 464.10 105.57 45.67 34.40
Closing Cash & Cash Equivalent Growth (%) -73.84 339.61 131.16 32.76 -57.09
Total Debt/ CFO (x) 0.46 0.27 0.27 0.09 0.15

NMDC NEWS

High ROE: 5 stocks with the critical elements for long-term wealth creation | News15 Apr 2023, 12:10 PM IST

The type of ROE that different sectors produce and how sustainably that figure is calculated is highly correlated with various operating matrices. Stocks with significant upside potential over the following 12 months are included by the ET screener powered by Refinitiv’s Stock Report Plus, with an average recommendation rating of “buy” or “strong buy.”

A metal major ready for a slide & sideways options for ITC | News29 Mar 2023, 09:35 AM IST

In the previous three months, the company’s price fluctuated horizontally between a peak of Rs 127 and a swing low of Rs 108. Price has created lower highs within the range, which indicates a potential upside price cap and the current breakdown of trendline support. All of these together can be interpreted as a range breakdown, making the stock a potential for short selling soon.

LIC pares stake in NMDC for about Rs 705 crore | News15 Mar 2023, 06:25 PM IST

According to LIC, its stake in NMDC dropped from 13.69% to 11.69% between December and March. Along with NMDC, LIC has reduced its previous 10.1% shareholding in TIL Ltd to 8%.

Hot Stocks: Brokerages on Cipla, Axis Bank, and NMDC | News24 Feb 2023, 10:44 AM IST

International investment bank Cipla still has a buy recommendation from Citi, while Axis Bank still has an overweight rating from Morgan Stanley.

Dividend history for NMDC Ltd.

NMDC Ltd. has declared 42 dividends since Aug. 28, 2002.

In the past 12 months, NMDC Ltd. has declared an equity dividend amounting to Rs 3.75 per share.

The current share price of Rs 112.30 results in a dividend yield of 3.34%.

Ex-Date Dividend Amount Dividend Type Record Date Instrument Type
Feb 24, 2023 3.75 INTERIM Feb 24, 2023 Equity Share
Feb 17, 2022 5.73 INTERIM Feb 18, 2022 Equity Share
Dec 14, 2021 9.01 INTERIM Dec 15, 2021 Equity Share
Mar 22, 2021 7.76 INTERIM Mar 23, 2021 Equity Share
Feb 18, 2020 5.29 INTERIM Feb 21, 2020 Equity Share
Mar 22, 2019 5.52 INTERIM Mar 25, 2019 Equity Share
Mar 27, 2018 4.30 INTERIM Mar 28, 2018 Equity Share
Sep 14, 2017 1.00 FINAL Equity Share
Mar 16, 2017 4.15 INTERIM Mar 18, 2017 Equity Share
Mar 30, 2016 1.50 INTERIM Mar 31, 2016 Equity Share
Feb 24, 2016 9.50 INTERIM Feb 25, 2016 Equity Share
Sep 21, 2015 1.30 FINAL Equity Share
Feb 18, 2015 4.25 INTERIM Feb 20, 2015 Equity Share
Nov 13, 2014 3.00 INTERIM Nov 14, 2014 Equity Share
Feb 17, 2014 5.50 INTERIM Feb 18, 2014 Equity Share
Nov 7, 2013 3.00 INTERIM Nov 8, 2013 Equity Share
Sep 19, 2013 4.00 FINAL Equity Share
Feb 28, 2013 1.00 INTERIM Mar 1, 2013 Equity Share
Nov 22, 2012 2.00 INTERIM Nov 23, 2012 Equity Share
Sep 13, 2012 2.50 FINAL Equity Share
Feb 9, 2012 1.00 INTERIM Feb 10, 2012 Equity Share
Nov 17, 2011 1.00 INTERIM Nov 18, 2011 Equity Share
Sep 15, 2011 2.15 FINAL Equity Share
Feb 10, 2011 1.15 INTERIM Feb 11, 2011 Equity Share
Jul 29, 2010 1.00 FINAL Equity Share
Feb 4, 2010 0.75 INTERIM Feb 5, 2010 Equity Share
Aug 20, 2009 1.18 FINAL Equity Share
Feb 18, 2009 1.03 INTERIM Feb 20, 2009 Equity Share
Aug 4, 2008 0.54 FINAL Equity Share
Jan 30, 2008 23.10 INTERIM Feb 11, 2008 Equity Share
Nov 1, 2007 10.00 INTERIM Nov 15, 2007 Equity Share
Aug 23, 2007 8.50 FINAL Equity Share
Jan 18, 2007 19.00 INTERIM Equity Share
Oct 19, 2006 7.70 INTERIM Nov 1, 2006 Equity Share
Jul 14, 2006 8.43 FINAL Equity Share
Feb 2, 2006 11.54 INTERIM Feb 16, 2006 Equity Share
Oct 31, 2005 7.69 INTERIM Nov 16, 2005 Equity Share
Jul 4, 2005 7.60 FINAL Equity Share
Feb 3, 2005 3.85 INTERIM Feb 16, 2005 Equity Share
Aug 4, 2004 3.50 FINAL Equity Share
Aug 28, 2003 3.00 FINAL Equity Share
Aug 28, 2002 0.00 FINAL Equity Share

Dividend History from Sept

Sep 19, 2013 4.00 FINAL Equity Share
Feb 28, 2013 1.00 INTERIM Mar 1, 2013 Equity Share
Nov 22, 2012 2.00 INTERIM Nov 23, 2012 Equity Share
Sep 13, 2012 2.50 FINAL Equity Share
Feb 9, 2012 1.00 INTERIM Feb 10, 2012 Equity Share
Nov 17, 2011 1.00 INTERIM Nov 18, 2011 Equity Share
Sep 15, 2011 2.15 FINAL Equity Share
Feb 10, 2011 1.15 INTERIM Feb 11, 2011 Equity Share
Jul 29, 2010 1.00 FINAL Equity Share
Feb 4, 2010 0.75 INTERIM Feb 5, 2010 Equity Share
Aug 20, 2009 1.18 FINAL Equity Share
Feb 18, 2009 1.03 INTERIM Feb 20, 2009 Equity Share
Aug 4, 2008 0.54 FINAL Equity Share
Jan 30, 2008 23.10 INTERIM Feb 11, 2008 Equity Share
Nov 1, 2007 10.00 INTERIM Nov 15, 2007 Equity Share
Aug 23, 2007 8.50 FINAL Equity Share
Jan 18, 2007 19.00 INTERIM Equity Share
Oct 19, 2006 7.70 INTERIM Nov 1, 2006 Equity Share
Jul 14, 2006 8.43 FINAL Equity Share
Feb 2, 2006 11.54 INTERIM Feb 16, 2006 Equity Share
Oct 31, 2005 7.69 INTERIM Nov 16, 2005 Equity Share
Jul 4, 2005 7.60 FINAL Equity Share
Feb 3, 2005 3.85 INTERIM Feb 16, 2005 Equity Share
Aug 4, 2004 3.50 FINAL Equity Share
Aug 28, 2003 3.00 FINAL Equity Share
Aug 28, 2002 0.00 FINAL Equity Share

Company History – NSE: NMDC

  1. Our Company was incorporated under the Companies Act on November 15, 1958, as National Mineral Development Corporation Private Limited, a private limited company in Delhi.
  2. The fresh certificate of incorporation is consequent on the name change issued by the Registrar of Companies, New Delhi, on January 5, 1960. Under an order passed by the company law board, New Delhi, dated September 24, 1973, the registered office of our Company was changed from the Union Territory of New Delhi to the State of Andhra Pradesh.
  3. The Registrar of Companies, Andhra Pradesh, issued a Certificate of Registration of the Order of the Central Government Confirming Transfer of the Registered Office from Delhi to Andhra Pradesh on December 27, 1973.
  4. Our Company became a deemed public limited company with effect from March 13, 1975, under the provisions of Section 43-A, Section 43 (1A), and Section 43 (1B) of the Companies Act. A new certificate of incorporation was issued on March 13, 1975.
  5. Our Company was converted into a public company effective May 5, 1993. The fresh certificate of incorporation consequent on the conversion under Section 31/44 of the Companies Act was issued by the Registrar of Companies, Andhra Pradesh, Hyderabad, on May 5, 1993, changing the status of our Company to a public limited company.
  6. The Registrar of Companies, Andhra Pradesh, Hyderabad, issued the Corporate Identity Number L13100AP1958GOI001674 and a fresh certificate of incorporation consequent upon such name change on September 17, 2007.
  7. Changes in the Registered Office Our current Register Office is situated at Khanij Bhavan, 10-3-311/A, Castle Hills, Masab Tank, Hyderabad – 500173, Andhra Pradesh, India.

WHAT DOES THE COMPANY DO?

  • India-base producers and exporters of iron ore are NMDC Limited (NMDC). Iron ore and other minerals and services are the two business categories in which the company is active.
  • Iron ore, copper, rock phosphate, limestone, and dolomite. And gypsum, bentonite, magnesite, diamond, tin, tungsten, and graphite.
  • And beach sands are just a few minerals the company is exploring. As of March 31, 2012, it produced roughly 30 million tonnes of iron ore from three completely mechanized mines, including Donimalai Iron Ore Mines in Karnataka State, Bailadila Deposit-5, 10/11A, and Bailadila Deposit-14/11C in the state of Chattisgarh.
  • It was established in 1958 as a wholly owned public corporation by the Indian government. The Government of India’s Ministry of Steel has administrative jurisdiction over NMDC.
  • The Company’s wholly owned subsidiary NMDC Power Ltd was established on December 12th, 2011. The corporation is also involves in the iron ore, other minerals, and services industries.

NMDC Result 2022

The Ministry of Steel’s Navratna Public Sector Enterprise, NMDC Limited, needs Junior Officers with experience in several engineering specialties. NMDC’s official website, nmdc.co.in, had already posted an official notice requesting applicants to apply for the position of Junior Officer (9 Trainee). On February 7, 2022, Employment Notification No. 01/2022 was published. The NMDC JOT Recruitment 2022 began on February 7, 2022, and the deadline to submit an online application was February 27, 2022. NMDC Stock Price

NSE

Sector: Iron & Steel

0.85 (0.76%)

As on 18 Apr 2023 | 15:59

Trade

Day Range

111.50

112.60

L  H

52 Week Range

92.25

175.35

L  H

Volume

2,730,949

Bid / Ask

112.10 / 112.40

BSE

0.85 (0.76%)

As on 18 Apr 2023 | 16:01

Day Range

111.55

112.60

L  H

52 Week Range

93.60

213.15

L  H

Volume

430,998

Bid / Ask

112.10 / 112.40

PRICE

Price Performance

1 Week -0.84%
1 Month -2.35%
3 Months -12.47%
YTD -8.73%
1 Year -33.20%
3 Years 39.57%

PEERS

Company Name Price % Chg MCap(Cr) TTM PE P/B ROE(%) 1 Yr Perform(%) Net Profit(Rs.) Net Sales(Rs.) Debt to Equity
NMDC 112.30 0.76 32,910.70 6.40 0.94 26.80 -33.25 9,391 25,881 0.10
JSW Steel 719.35 -0.26 173,882.75 46.83 2.54 30.70 -6.32 20,021 146,371 1.04
Tata Steel 107.60 0.42 131,560.66 7.83 0.11 35.08 -19.65 41,100 243,959 0.60
Hindalco 431.55 0.66 96,977.68 8.41 1.24 17.56 -20.87 14,195 195,059 0.81
Jindal Steel 566.50 1.08 57,787.99 11.75 1.56 16.14 2.43 8,248 51,085 0.36

 

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