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NMDC Limited NMDC.NS

IN · National Stock Exchange of India · XNSE · stock · Basic Materials · website

NMDC Limited statistics & valuation

Market cap₹750.8B
P / E10.1×
P / S2.3×
P / B2.2×
P / FCF41.1×
Net margin23.2%
FCF margin5.7%
Net debt₹62.6B
Enterprise value USD$8.5B
Earnings yield EBIT/EV10.8%
Return on capital24.3%
Graham number +0.6%₹85.93

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (₹85.93); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
31.70% 26.20% 27.40% 23.20% 2023202420252026
Gross margin (%)
55.50% 54.00% 54.00% 45.60% 2023202420252026
Operating margin (%)
32.40% 32.60% 32.30% 27.40% 2023202420252026
Return on equity (%)
24.80% 21.70% 22.00% 21.90% 2023202420252026
Shares outstanding
8.79B 8.79B 8.79B 8.79B 2023202420252026
Net debt (₹)
₹20.35B ₹32.49B ₹41.91B ₹62.59B 2023202420252026
Share buybacks (₹)
2023202420252026
Return on assets (%)
18.70% 15.60% 16.00% 15.40% 2023202420252026
Free cash flow margin (%)
3.30% 26.00% -5.60% 5.70% 2023202420252026
Debt / equity (×)
0.09× 0.13× 0.14× 0.19× 2023202420252026
EPS (₹)
₹6.37 ₹6.34 ₹7.44 ₹8.47 2023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

NMDC Limited trades at about 10.1× earnings — near its 10-year norm (10-year range 5.7×–13.4×, median 10.7×).

5.7× 13.4×

Shaded band = 10-year range (5.7×–13.4×); dot = today's 10.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023
Gross margin45.6%54.0%54.0%55.5%
Operating margin27.4%32.3%32.6%32.4%
Net margin23.2%27.4%26.2%31.7%
FCF margin5.7%-5.6%26.0%3.3%
Return on assets15.4%16.0%15.6%18.7%
Return on equity21.9%22.0%21.7%24.8%
Debt / equity0.00×0.00×0.00×0.00×
Current ratio2.432.422.532.97

Computed from company filings · IN · as of 2026-03-31. Figures in INR. Facts plus Stocktoria's own computed scores — not investment advice.