~l!'f tt "d1" R:t ~ts NMDC Limited

(~ ~ CffT \l!PI) (A GOVT. OF INDIA ENTERPRISE) <1'1tifotti : · ·. 10-3-311/'!', ' . C:'i!lIC:- 500 028. Regd. Office : 'Khanij Bhavan' 10-3-311/A, Castle Hills, Masab Tank, Hyderabad - 500 028. ~~~I Corporate Identity Number : L 13100AP1958 GOI 001674

No. 18( 1)/201 9·· Sectt 13th August 2019

1) TheBSE LimitedPhiroze JeejeebhoyTowers,Dalal Street, Mumbai-400001	2)	National Stock Exchangeof India Ltd.,Exchange Plaza, C-1,Block G,Bandra Kurla Complex,Bandra (E), Mumbai- 400 051
3) ·The CalcuttaStock ExchangeLimited, 7, Lyons Range,Kolkata · 700001

Dear Sir I Madam,

Sub: Corporate Investors Presentation on Company's Performance for the first quarter of FY 2019-20 • Reg

Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; Security ID: NMDC

Reference the c aptioned subject, kindly note that Corporate Investors Presentation on Company's Performance for the first quarter of FY 2019-20 has been uploaded on NMDC website, a copy of whic h is enclosed herewith for kind reference.

Please take note of the above information.

Thanking you

Yours faithfully, For NMDC Limited

Company Secretary S~radhl

Encl: As above

Disclaimer

This presenta tion is issued by NMDC Limited (the •eompaO'f) for general information purposes only, without regard to specific o bjectives, suitability, financial situations and needs of any particular person and does not constitute a ny recommenc:btion or fonn part of any offer or invitation or inducement to sell or issue, or any solicitation of any offer to purchne or subscribe for, any securities of the Company, nor shall it or any part of it or the fact of its distribution form the basis of, or be re lied on in connection with, ilny contract or commitment therefor. This presentation does not solicit any action based on the material contained herein. Nothing in this presenta tion is intended by the Company to be construed as lec,al, accounting or tax advice.

This presentation has been prepared by the Company based upon Information available In the public domain. This present>tion has not been approved and will not or may not be ewed or approved by any statutory or re1ulatory authority In India or by any Stock Exchange In India. This presentation may include statements whkh may constitute forward-looking statemenu. The actual results could differ materially from those projected in a ny such forward-lookin1 statements because of various factors. The Company a ssumes no responsibility to publicly amend, modify or revise any forward-looking statements, on the basis of any subsequent developments, lnfonnation or events, or otherwise.

This presentation contains certain forward-looking statements relating to the business, financial performance, strategy and re.suits of the Compa ny and/or the industry in whtch it operates. Forward4ooking statements are statements concerning future circumstances and results, and any other statements that are not historical fxts, sometimes kfentifted by the words "believes", "expects", • predicts", "intends", "projects", "plans", "estimates", "alms", •toresees", "anticipates", "tu-gets", and similar expressions. The forward-look.ing statements, including those cited from third party sources, contained in this presentation are based on numerous assumptioM and are unc.ertaiin and subject to risks. A multitude of factors includlne, but not limited to, changes in demand, competition and technology, can cause actual events, perfonnance o r results to differ significantly from any anticipated development. Neither the Comp.any nor tts affilia.tes or advisors or representatives nor any of its or their parent or subsidiary undertaldnas or a ny such person's officers or employees cuuantees that the assumptions underlying such forward-looking statements a re free from errors nor does either accept tiny responsibiHty for the future accu,..cy of theforwa rd-k>oklna: statements contained in this Presentation or the actual occu rrence of the forecasted developments. Forward4ooking statements speak onfy as of the date of this presentation. As a result, the Company e Mp ressty disclalms any obligation or undertakin1 to release any update or revisions to any forward·looking statements in this presentation as a result of any change in expectations or any change in evenh, r.nndition s, assumptio ns o rcircumstances on which these forw.,rd looking statements ere based.

The information contained in these materials has not been independently rifd. None of the Company, its Directors, Promoter or affiliates, nor any o fits or the ir respective employees, advisers or representatives or any other person accepts any responsibility or liability what.soever, whether arising in tort, contract or otherwise, for any errors, omissions or inaccuracies in such lnfonmtion or opinions or for any k>ss,. cost or damage suffered or incurred howsoever a rising, directty or indirectty, from any U5e of this document or its contents or otherwise in oonnection with this document, and makesno represent3tion or waminty, express or implied, for the contents of this document including its accuracy, fairness, completeness o r verification or forany other statement made or purported to be made by any of them, or on behalf of them, and nothing in this document or at this presentation shall be re lied upon a s a promise or representation in thisrespect, whether as to the past o rthe future. Past performance is no t a guide for future performan ce . The information contained in this presentation is current, and if not stated otherwise, made as of the date of this presentation. The C.Ompany undertake no obligatk>n to update o r revise any informatk>n in this presentuion as a result of new information, future events or otherwise. Any person./ party intending to provide ftoance/ invest in the shares/ b usinesses of the Company shall do so after seeking their own professional ildvtce a nd after canyinc out their own due digence procedure to ensure that they are making in informed decision.

This presentation is strictly conftdentlal and may not be copied or disseminated, in whole or In part. and In any manner or for any purpose. No person is authorized to give any Information or to make any representation not contained in or inconsistent with this presentation and if given or made, such information or representation must not be relied upon as having been authorized by any person. Failure to comply with this restriction may constitute a violation of the applicable securities laws. This presentation is not intended for distribution or publication In the United States. Neithe rthis document nor any part o r copy of it may be distributed, directly or indirectly, in the United States. The distribution of this d ocument in certain juri.sdktions may be restricted by law and persons in to whose pos.sesston this presentation comes should inform themselves about and observe any such restrictk>ns. By reviewina: this presentation, you agree to be bound by the foregoing limitations. You furthe rrepresent and agree that (I} you are located outskte the United States and you are permitted under the laws of your jurisdiction to receive this pre sentation or (ii) you are located in the United States and are a •qualified institutional bvyer" (as defined in Rule 144A under the Securities Act of 1933, as amended (the •Securities Act").

This presentation is not an offer to sell or a solicitation of any offer to b uy the securities of the Company in the United States or in any other jurisdiction where such offer or sale would be unlawful. Securities may not be offered, sold, resold, pledged, delivered, distributed or transferred, directly or indirectly, in to or within the United States absent registratJon under the 5eeurities Act, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any appltcable securities laws of any state o rother jurisdiction of the United States. The Company's securities have not been and will not be registered under the Securities Act.

Robust Performance during FY' 20 (Q1) q •

lronOre -Physical Financial Value performance performance creation

Production + 21% Revenue +35% Earning Per Share 84.28 LT (69.75) Rs.3264er Rs. 3.85 {Rs.lm)

Sales +28%

Export sales +100% Rs.1989 er Return on Equity 6.01 LT (NIL) (Rs.1549 er)

KIOM Sales +271% PBT +30% 21.00 LT (5.66) Rs.1913 er 14%(11%)

(Rs. 2422 er) (Not Annualized) @Avg. Realization of Rs. 3705/ton

(3536/ton) of Iron Ore Book Value per Share

86.69 LT (67.78) Rs. 88.6 (Rs.8>.0) EBIDTA +28%

4% (4%) (Not Annualized)

{Rs.1JfT7 er) Return on Capital Employed (Not Annualized)

Performance of 01 (FY 20) on 01 (FY 19)

Particulars	2019-20 (Ql)	2018-19 (Ql)	Variance	{%)
Iron Ore Production (LT)	84.28	69.75	14.53	21
Iron Ore Sales (LT)	86.69	67.78	18.91	28
Average Sales Realisation (Rs./Ton)	3,705	3,536	169	5
	Financials (Rs. Crore)
Iron ore Sales	3,212	2,397	815	34
Revenue from Operations	3,264	2,422	842	35
Interest Income	84	97	(13)	(13)
Other Income	39	28	11	39
Total Income	3,387	2,547	840	33
Total Expenses	1,474	1,070	404	38
EBITDAEBITDA Margin (%)	1,989(61%)	1,549(64%)	440	28
Profit Before Tax	1,913	1,477	436	30
Profit After Tax	1,179	975	204	21

Performance	of	Q1	(FY	20)	on Q4		(FY	19)
-------------	----	----	-----	-----	-------	--	-----	-----	--

Particulars	2019-20 (Ql}	2018-19 (Q4)	Variance	(%)
Iron Ore Production (LT)	84.28	105.87	(21.59)	(20)
Iron Ore Sales (LT)	86.69	101.69	(15.00)	(15)
Average Sales Realisation (Rs./Ton)	3,705	3,525	180	5
	Financials (Rs. Crore)
Iron ore Sales	3,212	3,585	(373)	(10)
Revenue from Operations	3,264	3,643	(379)	(10)
Interest Income	84	104	(20)	(19)
Other Income	39	92	(53)	(58)
Total Income	3,387	3,839	(452)	(12)
Total Expenses	1,474	1,642	168	10
EBITDAEBITDA Margin (%)	1,989(61%)	2,288(63%)	(299)	(13)
Profit Before Tax	1,913	2,197	(284)	(13)
Profit After Tax	1,179	1,454	(275)	(19)

$\frac{1}{\alpha}$

Average Basic Domestic Price of Iron Ore

Major Investment in Subsidiaries, JVs & Associates

JKMDC(*) • 95.86% ..J

KVSL (100%) Rs. O.lOcrore NCL (51%), BRPL (52%), NPL (100%) Rs. 98.4crore, Rs. 152.7crore, Rs. 0.55 crorf

NINL (12.87%) Rs. 100.6crore

Krishnapatnam Rly Co. Ltd (6.40%) Rs. 40.0crore

ICVL (26.47%), Legacy Iron Ore Rs. 376.4crore (78.56%), Rs. 168.5crore

Total Investments - Rs. 939.30 crore

Details of Top 25 Shareholders as on 02-08-2019

Sl. No.	Shareholder	No. of Shares	% Holding
$\mathbf{1}$	PRESIDENT OF INDIA	2213035712	72.28
$\overline{2}$	LIFE INSURANCE CORPORATION OF INDIA	394591074	12.89
3	ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE NIFTY NEXT 50 ETF	31622480	1.03
$\overline{4}$	EDGBASTON ASIAN EQUITY TRUST	24347008	0.80
5	LIFE INSURANCE CORPORATION OF INDIA P & GS FUND	20295358	0.66
	VANGUARD EMERGING MARKETS STOCK INDEX FUND, A SERIES OF VANGUARD INTERNATIONAL EQUITY INDEX
6	FUNDS	12092277	0.39
$\overline{7}$	VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND	11851442	0.39
8	STATE BANK OF INDIA	11680466	0.38
9	CANARA BANK-MUMBAI	10772388	0.35
10	THE NEW INDIA ASSURANCE COMPANY LIMITED	10466508	0.34
11	NPS TRUST- A/C RELIANCE PENSION FUND SCHEME E-TIER I	8634337	0.28
12	FIDELITY FUNDS - INDIA FOCUS FUND	8315717	0.27
13	NATIONAL INSURANCE COMPANY LTD	7200721	0.24
14	THE EDGBASTON ASIAN EQUITY (JERSEY) TRUST	7126164	0.23
15	UNITED INDIA INSURANCE COMPANY LIMITED	6566033	0.21
16	KOTAK EQUITY ARBITRAGE FUND	6198000	0.20
17	PGGM WORLD EQUITY B.V. (GEPFEEM)	5259154	0.17
18	BANK OF INDIA	4898396	0.16
19	THE ORIENTAL INSURANCE COMPANY LIMITED	4352551	0.14
20	STICHTING DEPOSITARY APG EMERGING MARKETS EQUITY POOL	4061035	0.13
21	RELIANCE CAPITAL TRUSTEE CO LTD.A/C RELIANCE QUANT FUND	3829781	0.13
22	WISDOMTREE INDIA INVESTMENT PORTFOLIO, INC.	3662117	0.12
23	GENERAL INSURANCE CORPORATION OF INDIA	3473482	0.11
24	ROBECO CAPITAL GROWTH FUNDS - ROBECO QI EMERGING CONSERVATIVE EQUITIES	3342148	0.11
25	SEB ASIENFOND EX JAPAN	3245245	0.11
	TOTAL	2820919594	92.12