About
NMDC Steel Limited manufactures and sells steel products in India. It offers hot rolled coils, sheets, and plates of welded steel pipe for pipeline transportation systems; structural and silicon steel; pig iron; and LPG grades of LPG cylinders manufacturing. The company also provides tube and pipe grade, boiler and pressure vessel grade, commercial forming grades, cold rolling grade, and HSLA Grade. It serves infrastructure and construction; automotive and mobility; energy, oil, and gas; and engineering and fabrication industries. NMDC Steel Limited was incorporated in 2015 and is based in Hyderabad, India.
Key Metrics
as of Sep 2026Market Cap13,487 Cr
P/E161.00
Div Yield0.00 %
Book Value₹45.00
52w High₹53.80
52w Low₹33.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,662.00 | 3,879.00 | 3,008.00 | 3,390.00 | 3,365.00 | 2,838.00 | 2,120.00 | 1,522.00 | 2,023.00 | 1,846.00 | 926.00 | 277.00 | 0.00 |
| Expenses | 3,262.00 | 3,073.00 | 2,910.00 | 3,183.00 | 2,958.00 | 3,129.00 | 2,776.00 | 1,963.00 | 2,424.00 | 2,801.00 | 1,335.00 | 350.00 | 0.00 |
| Operating Profit | 400.00 | 806.00 | 98.00 | 207.00 | 408.00 | -291.00 | -656.00 | -441.00 | -401.00 | -956.00 | -409.00 | -72.00 | 0.00 |
| OPM % | 11.00 | 21.00 | 3.20 | 6.00 | 12.00 | -10.00 | -31.00 | -29.00 | -20.00 | -52.00 | -44.00 | -26.00 | — |
| Other Income | 43.00 | 26.00 | 19.00 | 21.00 | 20.00 | 19.00 | 18.00 | 13.00 | 21.00 | 90.00 | 16.00 | 13.00 | 0.00 |
| Depreciation | 242.00 | 249.00 | 252.00 | 283.00 | 258.00 | 221.00 | 253.00 | 240.00 | 239.00 | 252.00 | 226.00 | 75.00 | 0.00 |
| Interest | 126.00 | 96.00 | 128.00 | 128.00 | 134.00 | 172.00 | 165.00 | 161.00 | 153.00 | 155.00 | 134.00 | 41.00 | 0.00 |
| Profit before tax | 74.00 | 486.00 | -264.00 | -183.00 | 36.00 | -664.00 | -1,056.00 | -829.00 | -772.00 | -1,273.00 | -753.00 | -175.00 | 0.00 |
| Tax % | 32.00 | 19.00 | -8.00 | -37.00 | 29.00 | -29.00 | -28.00 | -28.00 | -29.00 | -32.00 | -25.00 | -25.00 | — |
| Net Profit | 51.00 | 392.00 | -244.00 | -115.00 | 26.00 | -473.00 | -758.00 | -595.00 | -547.00 | -861.00 | -568.00 | -131.00 | 0.00 |
| EPS in Rs | 0.17 | 1.34 | -0.83 | -0.39 | 0.09 | -1.62 | -2.59 | -2.03 | -1.87 | -2.94 | -1.94 | -0.45 | 0.00 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Sales | 13,642.00 | 8,503.00 | 3,049.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Expenses | 12,124.00 | 10,291.00 | 4,485.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Profit | 1,518.00 | -1,788.00 | -1,436.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| OPM % | 11.00 | -21.00 | -47.00 | — | — | — | — |
| Other Income | 86.00 | 72.00 | 119.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 487.00 | 652.00 | 331.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 1,042.00 | 953.00 | 553.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 76.00 | -3,322.00 | -2,201.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax % | 23.00 | -29.00 | -29.00 | — | — | 0.00 | 0.00 |
| Net Profit | 59.00 | -2,374.00 | -1,560.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS in Rs | 0.20 | -8.10 | -5.32 | 0.00 | — | — | — |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | — | — | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2,931.00 | 2,931.00 | 2,931.00 | 2,931.00 | 0.00 | 0.06 | 0.06 |
| Reserves | 10,243.00 | 10,184.00 | 12,558.00 | 14,118.00 | 17,049.00 | 0.00 | 0.00 |
| Borrowings | 4,613.00 | 5,909.00 | 6,662.00 | 3,842.00 | 1,691.00 | 0.00 | 0.00 |
| Other Liabilities | 10,451.00 | 9,446.00 | 7,218.00 | 4,678.00 | 1,765.00 | 0.00 | 0.00 |
| Total Liabilities | 28,237.00 | 28,470.00 | 29,368.00 | 25,568.00 | 20,504.00 | 0.00 | 0.00 |
| Fixed Assets | 19,452.00 | 20,131.00 | 20,273.00 | 1,118.00 | 1,132.00 | 0.00 | 0.00 |
| CWIP | 570.00 | 717.00 | 1,215.00 | 19,545.00 | 17,038.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 8,215.00 | 7,621.00 | 7,881.00 | 4,904.00 | 2,334.00 | 0.00 | 0.00 |
| Total Assets | 28,237.00 | 28,470.00 | 29,368.00 | 25,568.00 | 20,504.00 | 0.00 | 0.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1,796.00 | 1,966.00 | -2,825.00 | 1,516.00 | 743.00 | 0.00 | 0.00 |
| Cash from Investing Activity | 109.00 | -506.00 | -228.00 | -2,189.00 | -1,891.00 | 0.00 | 0.00 |
| Cash from Financing Activity | -1,902.00 | -1,460.00 | 2,439.00 | 1,293.00 | 1,144.00 | 0.00 | 0.00 |
| Net Cash Flow | 2.00 | 0.00 | -614.00 | 620.00 | -4.00 | 0.00 | 0.00 |
| Free Cash Flow | 1,525.00 | 1,538.00 | -3,409.00 | -639.00 | -1,148.00 | 0.00 | 0.00 |
| CFO/OP % | 118.00 | -110.00 | 196.00 | — | — | 100.00 | 100.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Debtor Days | 5.00 | 8.00 | 4.00 | — | — | — |
| Inventory Days | 160.00 | 148.00 | 420.00 | — | — | — |
| Days Payable | 248.00 | 234.00 | 284.00 | — | — | — |
| Cash Conversion Cycle | -83.00 | -77.00 | 141.00 | — | — | — |
| Working Capital Days | -175.00 | -213.00 | -92.00 | — | — | — |
| ROCE % | 3.00 | -13.00 | -9.00 | 0.00 | 0.00 | -200.00 |
Corporate Actions
2 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 17 Sep 2024 | — | — | — | Annual General Meeting |
| Other | 31 Aug 2023 | — | — | — | Annual General Meeting |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update20 Aug from crisil
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Rating update19 Dec 2025 from fitch
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Rating update15 Dec 2025 from icra
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Rating update18 Oct 2025 from crisil
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Rating update21 Jul 2025 from crisil
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Rating update3 Jun 2025 from icra