NMDC News, Corporate filings and Earnings/Conference Calls

Name: Latest research reports of NMDC Ltd. authored by ICICI Direct and published by - Trendlyne research reports.
Item: NMDC Ltd.
Rating: 3
Author: ICICI Direct

Keep track of all breaking news and updates on NMDC from all sources in a single place.

NMDC Ltd.

05 Feb 2026, 12:00AM

84.60

-1.49%

NMDC Ltd

Hold: NMDC Ltd.

Target

ICICI Direct

Low per capita steel consumption provides significant growth potential: Despite being the world's 2nd largest steel consumer, India's per capita consumption of ~103 kg lags significantly behind the ~215 kg of global average. To address this disparity, the government aims to raise per capita steel consumption to 160 kg by 2030-31 and targeting a crude steel production capacity of 300 MT. This, in turn, is expected to drive iron ore demand to ~430 MT. Leveraging sixty years of expertise in iron ore mining, NMDC is poised to lead this long-term structural market expansion....

NMDC Ltd. has an average target of 100.50 from 4 brokers.

NMDC Ltd.

04 Feb 2026, 08:22PM

84.60

-1.49%

Domestic demand and higher volumes to keep growth strong for NMDC

Business Standard

Improved production, steady pricing and rising domestic demand support outlook, though margins and execution risks remain

NMDC Ltd. has an average target of 100.50 from 4 brokers.

NMDC Ltd.

04 Feb 2026, 07:19PM

84.60

-1.49%

Company Update

NMDC Ltd - 526371 - Announcement under Regulation 30 (LODR)-Newspaper Publication

BSE India

Newspaper Publication - Unaudited Financial Results for the quarter ended 31st December 2025.

pdf

NMDC Ltd.

04 Feb 2026, 10:30AM

84.60

-1.49%

Investor Presentation

NMDC Ltd - 526371 - Announcement under Regulation 30 (LODR)-Investor Presentation

BSE India

Corporate Investors'' Presentation for Q3 FY 2025-26

pdf

NMDC Ltd.

04 Feb 2026, 09:40AM

84.60

-1.49%

NMDC Q3 Review: Systematix Raises Target Price Amid Long-Term Growth Outlook Check Potential Upside

NDTV Profit

NMDC reported Q3 FY26 Ebitda of Rs 2,140 crore, was below brokerage estimate.

ICICI Direct increased Hold price target of NMDC Ltd. to 90.0 on 05 Feb, 2026.

NMDC Ltd.

04 Feb 2026, 07:04AM

84.60

-1.49%

Investor Presentation

NMDC Ltd - 526371 - Announcement under Regulation 30 (LODR)-Investor Presentation

BSE India

Corporate Investor''s Presentation on Company''s Performance for the quarter and nine months ended 31st December 2026.

pdf

NMDC Ltd.

04 Feb 2026

84.60

-1.49%

NMDC (NMDC IN) Q3FY26 Result Update Weak Q3; volume ramp up remains the key HOLD

Hold: NMDC Ltd.

Target

Prabhudas Lilladhar

We have downgraded our ratings to Hold' from Accumulate' with a revised TP of Rs87 (earlier Rs91) valuing it at multiple of 5x EV of Sep'27E EBITDA due to lower price and volume assumptions. NMDC reported weak Q3FY26 operating performance, driven by lower NSR following the price cuts undertaken in Oct'25 and lower premiums received over ore pricing. Volumes grew just 6% YoY to 12.7 mt, with growth constrained by an extended monsoon and increased imports by steel companies. Average realizations declined 4.7% QoQ due to price cuts in both lumps (-Rs550/t) and fines (-Rs500/t). Blended...

NMDC has gained 32.21% in the last 1 Year

NMDC Ltd.

03 Feb 2026

84.60

-1.49%

NMDC Q3FY26 results: Net profit drops 8% to 1,747 crore as expenses rise

Business Standard

NMDC Ltd on Tuesday posted around 8 per cent fall year-on-year in consolidated net profit to Rs 1,747.01 crore in the December quarter, impacted by higher expenses. It had reported a net profit of Rs 1,896.66 crore in the October-December period of preceding 2024-25 financial year, the company said in an exchange filing. The company's total income, however, rose to Rs 7,983.38 crore from Rs 6,942.92 crore in the same quarter a year ago, posting a rise of about 15 per cent. NMDC saw expenses rising to Rs 5 608.54 crore from Rs 4 359.07 Q3FY25. The board also approved an interim dividend of Rs 2.50 per equity share of face value of Re 1 each for the financial year 2025-26. NMDC, under the Ministry of Steel, is India's largest iron ore producing entity.