With the stock’s current price at Rs 69.20, NMDC’s performance today reflects a notable increase and high trading interest.
During today’s session, NMDC shares saw a notable surge, driven by high trading volumes. The stock price increased by 2.96%, reaching Rs 69.20. This movement has drawn attention to NMDC within the context of the broader market.
NMDC is a constituent of the NIFTY MIDCAP 150, indicating its significance among mid-sized companies in India. The increase in both price and volume suggests heightened investor interest in the company.
Financial Performance
An overview of NMDC’s financial performance, considering both quarterly and annual results:
Quarterly Highlights:
- December 2023: Revenue was reported at Rs 5,409.90 Cr, with a net profit of Rs 1,469.73 Cr and an EPS of Rs 5.06.
- March 2024: Revenue increased to Rs 6,489.31 Cr, while net profit stood at Rs 1,415.62 Cr and EPS at Rs 4.82.
- June 2024: Revenue was Rs 5,414.19 Cr, with a net profit of Rs 1,963.35 Cr and EPS of Rs 6.72.
- September 2024: Revenue was Rs 4,918.91 Cr, while net profit was Rs 1,195.63 Cr and EPS was Rs 4.13.
- December 2024: Revenue reached Rs 6,567.83 Cr, with a net profit of Rs 1,896.66 Cr. However, EPS decreased to Rs 2.14.
Annual Performance:
- 2020: Revenue: Rs 11,699.22 Cr, Net Profit: Rs 3,602.31 Cr, EPS: Rs 11.67
- 2021: Revenue: Rs 15,370.06 Cr, Net Profit: Rs 6,247.07 Cr, EPS: Rs 20.70
- 2022: Revenue: Rs 25,881.73 Cr, Net Profit: Rs 9,391.99 Cr, EPS: Rs 32.00
- 2023: Revenue: Rs 17,666.88 Cr, Net Profit: Rs 5,538.40 Cr, EPS: Rs 19.11
- 2024: Revenue: Rs 21,307.85 Cr, Net Profit: Rs 5,572.24 Cr, EPS: Rs 19.02
Key Financial Ratios (2024):
- Basic EPS: Rs 19.02
- Book Value per Share: Rs 87.54
- Dividend per Share: Rs 7.25
- Gross Profit Margin: 40.65%
- Operating Margin: 39.01%
- Net Profit Margin: 26.14%
- Return on Equity: 21.73%
- Debt to Equity: 0.13
NMDC’s revenue has shown considerable fluctuation, with a general increasing trend over the years, although profitability metrics have varied. The company has maintained a relatively low debt-to-equity ratio, showcasing a stable financial structure.
The current market activity reflects positive movement in the stock, as against the bearish sentiment expressed in a Moneycontrol analysis from May 7, 2025. With the stock’s current price at Rs 69.20, NMDC’s performance today reflects a notable increase and high trading interest.
Source: www.moneycontrol.com