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  • NMDC Ltd
N
NMDC Ltd Mining & Mineral products
₹ 72.06 +0.26 (0.36%)
  • NSE
  • BSE

Overview

  • BSE Code 526371
  • NSE Symbol NMDC
  • ISIN Demat INE584A01023
  • Book Value (₹) 33.64
  • Face Value (₹) 1.00
  • Market Cap (₹ Cr.) 62,799.95
  • P/E (TTM) 9.39
  • EPS (TTM) 7.61
  • Div Yield (%) 4.62

Performance

Today’s Low 71.32
Today’s High 72.29

72.06
52W Low 59.53
52W High 83.05

72.06
Open 71.80
Prev. Close 71.80
Volume 1,05,01,708.00

Corporate Actions

NMDC Limited - Structural Digital Database
Apr 19, 2025

COMPLIANCE CERTIFICATE FOR THE QUARTER ENDED 31st MARCH 2025

About NMDC Ltd

Journey of the Company

NMDC Ltd came into existence as on November 15, 1958, as a government company. Initially, its name was National Mineral Development Corporation Pvt Ltd, but the ‘Pvt’ part was later removed. In 1966, NMDC gained complete control of the Panna Diamond Project. In 1968, they commenced the production of iron ore from Bailadila Deposit No.14. They later expanded the operations to Bailadila and also the Donimalai iron ore mine.  In the year 1989, the company started a joint venture with J&K Minerals Ltd in order to explore the magnesite mine at Panthal and to eventually produce dead burnt magnesite. In 2008, they made a strategic entry into into an MoU with Spice Metals and Minerals for a strategic partnership for metal and mineral projects outside India. In the same year, the company was conferred the Navratna status by the Department of Public Enterprises.  In 2009-10, the Government of India disinvested 8.38% of their holding in the company through an offer for sale. In 2010-11, the company signed an MoU with OJSC Severstal, a Russian company, to jointly set up an integrated steel plant in Karnataka. The company also incorporated a joint venture company, named Kopano Ke Matla Investment Company (Pty) in the Republic of South Africa to explore mineral resources there. In June 2013, NMDC signed an MoU with MOSI OA TUNYA Development Company from Zimbabwe for operating mineral projects in Zimbabwe. In 2013, NMDC’s subsidiary NMDC Power Ltd. (NPL) signed an MoU with IL&FS Energy Development Company Ltd (IEDCL) to buid a 500 megawatt (2x250 MW) thermal power plant via a joint venture at Gonda in Uttar Pradesh. In 2019-20, 1 MW capacity grid-connected Roof Top Solar (RTS) power plants were installed at various production units of NMDC.

Business Segments

In the year ending on March 31, 2022, the company’s goods and services included Iron Ore, diamonds, pellets, coal and power.  Based on the source, NMDC divides its iron ore products into the following categories:
  1. Products from Bailadila sector- Baila ROM,10-20 mm Sized Ore,  DRCLO, Baila Lump, Baila Fines.
  2. Products from Donimalai sector- Doni Lump, Kumaraswamy Lump, Kumaraswamy Sized Lump Ore
As of the year ending on March 31, 2022, out of the total revenue from contracts with customers, iron ore made up over 98%. As of 2022, NMDC was the largest iron ore manufacturer in India, covering 18% of the total domestic production. The Company also operates the sole mechanised diamond mine in India, at Panna.

Subsidiaries

NMDC has multiple subsidiaries, including the following:
  1. J&KMDC Ltd. - The organization engages in the exploration and mining of Magnesite, Sapphire, Marble, Limestone, Iron ore, Coal, Phosphate, Manganese ore and other mineral deposits.
  2. Karnataka Vijaynagar Steel Ltd.- It is a wholly owned subsidiary that is majorly engaged in the manufacturing of steel.
  3. NMDC Steel Ltd- It is a wholly owned subsidiary that owns and administers a steel plant in Chhattisgarh.

Corporate Actions

The following are some of the major corporate actions undertaken by NMDC. Bonus Issue The company issued bonus shares at 2:1 in May 2008. Buyback of Shares The company had conducted a buyback of its shares in August 2016, January 2019 and November 2020.  Stock Split The company had performed a stock split from ₹10 to ₹1 per share in April 2008. Mergers and Acquisitions
  • In 2022, NMDC demerged NMDC Steel from itself and handed it its steel operations.
Founded: 1958
Chairman: Amitava Mukherjee
Managing Director: Amitava Mukherjee
Address: Khanji Bhavan 10-3-311/A, Castle Hills Masab Tank, Hyderabad, Telangana, 500028,
HO Tel: 91-040-23538713-21 (9 Lines)