AI assistant
NMDC Ltd — Investor Presentation 2025
Feb 6, 2025
61742_rns_2025-02-06_4ffb4791-13b8-4da5-a833-caec28067758.pdf
Investor Presentation
Open in viewerOpens in your device viewer
==> picture [58 x 97] intentionally omitted <==
==> picture [347 x 106] intentionally omitted <==
| No.18(5)/2025-Sectt. | 6th February 2025 | |
|---|---|---|
| BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai – 400001 Equity Scrip ID: 526371 |
National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra-Kurla Complex, Bandra (East), Mumbai – 400051 Scrip ID: NMDC |
Calcutta Stock Exchange Limited 7, Lyons Range, Murgighata, Dalhousie, Kolkata, West Bengal 700001 Scrip ID: 24131 |
Dear Sir / Madam,
Sub: Corporate Investors’ Presentation on the Company's Performance for the quarter and nine months ended 31[st] December 2024.
Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
With regard to the captioned subject, please find enclosed the Corporate Investors’ Presentation on the Company's Performance for the quarter and nine months ended 31[st] December 2024.
This is for your kind information.
Yours faithfully,
for NMDC Limited
Digitally signed by PRAVIN SHEKHAR PRAVIN DN: c=IN, st=Telangana, 2.5.4.20=f8b030c05ac0e6f8dbc8689c4657f61aa58220d3995e049a6632591259d c3985, postalCode=501218, street=Shamshabad, SHEKHA pseudonym=f4cc03e6e4c0484f89990ad96fcbeac6, title=2904, serialNumber=46f51452dc416a12aec53 caf0ee9291a3258fb06249160a7e5b753 ad0c4c1d0f, o=Personal, cn=PRAVIN R SHEKHAR Date: 2025.02.06 16:09:50 +05'30'
(Pravin Shekhar)
Company Secretary & Compliance Officer
Encl:- As above.
==> picture [482 x 33] intentionally omitted <==
NMDC Limited Financial Results FY 2024-25 (9M)
==> picture [93 x 92] intentionally omitted <==
==> picture [81 x 12] intentionally omitted <==
----- Start of picture text -----
06.02.2025
----- End of picture text -----
Disclaimer
-
This presentation is issued by NMDC Limited (the “ Company ”) for general information purposes only, without regard to specific objectives, suitability, financial situations and needs of any particular person and does not constitute any recommendation or form part of any offer or invitation or inducement to sell or issue, or any solicitation of any offer to purchase 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 relied on in connection with, any contract or commitment therefor. This presentation does not solicit any action based on the material contained herein. Nothing in this presentation is intended by the Company to be construed as legal, accounting or tax advice.
-
This presentation has been prepared by the Company based upon information available in the public domain. This presentation has not been approved and will not or may not be reviewed or approved by any statutory or regulatory authority in India or by any Stock Exchange in India. This presentation may include statements which may constitute forward-looking statements. The actual results could differ materially from those projected in any such forward-looking statements because of various factors. The Company assumes no responsibility to publicly amend, modify or revise any forward-looking statements, on the basis of any subsequent developments, information or events, or otherwise.
-
This presentation contains certain forward-looking statements relating to the business, financial performance, strategy and results of the Company and/or the industry in which it operates. Forward-looking statements are statements concerning future circumstances and results, and any other statements that are not historical facts, sometimes identified by the words "believes", "expects", "predicts", "intends", "projects", "plans", "estimates", "aims", "foresees", "anticipates", "targets", and similar expressions. The forward-looking statements, including those cited from third party sources, contained in this presentation are based on numerous assumptions and are uncertain and subject to risks. A multitude of factors including, but not limited to, changes in demand, competition and technology, can cause actual events, performance or results to differ significantly from any anticipated development. Neither the Company nor its affiliates or advisors or representatives nor any of its or their parent or subsidiary undertakings or any such person's officers or employees guarantees that the assumptions underlying such forward-looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward-looking statements contained in this Presentation or the actual occurrence of the forecasted developments. Forward-looking statements speak only as of the date of this presentation. As a result, the Company expressly disclaims any obligation or undertaking 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 events, conditions, assumptions or circumstances on which these forward looking statements are based.
-
The information contained in these materials has not been independently verified. None of the Company, its Directors, Promoter or affiliates, nor any of its or their respective employees, advisers or representatives or any other person accepts any responsibility or liability whatsoever, whether arising in tort, contract or otherwise, for any errors, omissions or inaccuracies in such information or opinions or for any loss, cost or damage suffered or incurred howsoever arising, directly or indirectly, from any use of this document or its contents or otherwise in connection with this document, and makes no representation or warranty, express or implied, for the contents of this document including its accuracy, fairness, completeness or verification or for any 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 relied upon as a promise or representation in this respect, whether as to the past or the future. Past performance is not a guide for future performance. The information contained in this presentation is current, and if not stated otherwise, made as of the date of this presentation. The Company undertake no obligation to update or revise any information in this presentation as a result of new information, future events or otherwise. Any person/ party intending to provide finance/ invest in the shares/ businesses of the Company shall do so after seeking their own professional advice and after carrying out their own due diligence procedure to ensure that they are making an informed decision.
-
This presentation is strictly confidential 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. Neither this document nor any part or copy of it may be distributed, directly or indirectly, in the United States. The distribution of this document in certain jurisdictions may be restricted by law and persons in to whose possession this presentation comes should inform themselves about and observe any such restrictions. By reviewing this presentation, you agree to be bound by the foregoing limitations. You further represent and agree that (i) you are located outside the United States and you are permitted under the laws of your jurisdiction to receive this presentation or (ii) you are located in the United States and are a “qualified institutional buyer” (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 buy 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 registration under the Securities 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 applicable securities laws of any state or other jurisdiction of the United States. The Company’s securities have not been and will not be registered under the Securities Act.
2
(Q3 v/s Q3 CPLY) Physical Performance in FY25
132.91 9% Production (LT)
CPLY : 122.23 LT (Previous best)
==> picture [318 x 191] intentionally omitted <==
----- Start of picture text -----
119.36
Sales (LT)
----- End of picture text -----
==> picture [97 x 94] intentionally omitted <==
----- Start of picture text -----
5%
----- End of picture text -----
==> picture [303 x 82] intentionally omitted <==
----- Start of picture text -----
CPLY: 113.94 LT
(Previous best)
----- End of picture text -----
3
(Q3 v/s Q3 CPLY) Financial Performance in FY25
==> picture [242 x 190] intentionally omitted <==
----- Start of picture text -----
Revenue from operation 21%
(INR Cr)
6,531
CPLY:5,410
Previous Best: 5,874 INR Cr in Q3 FY’22
----- End of picture text -----
==> picture [246 x 188] intentionally omitted <==
----- Start of picture text -----
EBITDA 18%
Before exceptional item (INR Cr)
2,783
CPLY:2,366
Best Ever: 2,873 INR Cr in Q3 FY’21
----- End of picture text -----
==> picture [251 x 177] intentionally omitted <==
----- Start of picture text -----
Average Sales Realization 15%
(Rs / T)
2 [nd] Best
5,361
CPLY:4,679
----- End of picture text -----
Best Ever: 5,914 INR/T in Q3 FY’22
==> picture [246 x 177] intentionally omitted <==
----- Start of picture text -----
PBT 17%
Before exceptional item (INR Cr)
2,630
CPLY:2,252
----- End of picture text -----
Best Ever: 2,811 INR Cr in Q3 FY’21
==> picture [246 x 177] intentionally omitted <==
----- Start of picture text -----
PBT 32%
After exceptional item (INR Cr)
2,630
CPLY:2,000
----- End of picture text -----
==> picture [247 x 188] intentionally omitted <==
----- Start of picture text -----
PAT (INR Cr) 30%
1,944
CPLY:1,492
Best Ever: 2,109 INR Cr in Q3 FY’21
----- End of picture text -----
- FY’24 - exceptional expenditure of Rs. 252 cr
4
Performance of FY25 (Q3) v/s FY24 (Q3)
Financials Rs. Crore
| Particulars | 2024-25 (Q3) |
2023-24 (Q3) |
Variance | (%) |
|---|---|---|---|---|
| Iron Ore Production (LT) | 132.91 | 122.23 | 10.68 | 9% |
| Iron Ore Sales (LT) | 119.36 | 113.94 | 5.42 | 5% |
| Average Domestic Realisation (Rs./T) | 5,361 | 4,679 | 682 | 15% |
| Iron ore Sales | 6,399 | 5,331 | 1,068 | 20% |
| Revenue from Operations | 6,531 | 5,410 | 1121 | 21% |
| Interest Income from Deposits with Banks | 266 | 247 | 19 | 8% |
| Other Income | 108 | 89 | 19 | 21% |
| Total Income | 6,905 | 5,746 | 1,159 | 20% |
| Royalty & Other Levy | 1,404 | 1,086 | 318 | 29% |
| Additional Royalty | 1,628 | 1,235 | 393 | 32% |
| Operational Expenses | 1,582 | 1,252 | 330 | 26% |
| Stock Adjustment | (339) | (79) | (260) | 329% |
| Total Expenses (including discontinued operations) | 4,275 | 3,495 | 780 | 22% |
| EBITDA & Margin (%) | 2,783 (43%) | 2,366 (44%) | 417 | 18% |
| Profit Before Tax and exceptional item | 2,630 | 2,252 | 378 | 17% |
| Exceptional expenditure | - | (252) | 252 | (100%) |
| Profit Before Tax and after exceptional item | 2,630 | 2,000 | 630 | 32% |
| Profit After Tax | 1,944 | 1,492 | 452 | 30% |
5
(9M v/s 9M CPLY) Physical Performance in FY25
==> picture [359 x 268] intentionally omitted <==
----- Start of picture text -----
2 [nd] Best
307.65
3%
Production (LT)
CPLY: 317.82 LT
(Best Ever)
----- End of picture text -----
==> picture [280 x 179] intentionally omitted <==
----- Start of picture text -----
2 [nd] Best
317.36
Sales (LT)
----- End of picture text -----
CPLY: 319.40 LT (Best Ever)
==> picture [30 x 16] intentionally omitted <==
----- Start of picture text -----
1%
----- End of picture text -----
6
Financial Performance in FY25 (9M v/s 9M CPLY)
Revenue from Operations (INR Cr)
==> picture [216 x 369] intentionally omitted <==
----- Start of picture text -----
16,715
14,819
13%
2 [nd]
Best
Best Ever: 19,179 INR Cr in FY’22
PBT (INR Cr)
Before exceptional item (INR Cr)
6,946
5,859
19%
----- End of picture text -----
==> picture [193 x 213] intentionally omitted <==
----- Start of picture text -----
EBITDA
Before exceptional item (INR Cr)
7309
6156
19%
Best Ever: 10,290 INR Cr in FY’22
----- End of picture text -----
==> picture [215 x 186] intentionally omitted <==
----- Start of picture text -----
PBT (INR Cr)
After exceptional item (INR Cr)
6,946
5,607
24%
----- End of picture text -----
Avg Sales Realisation (Rs/T)
==> picture [210 x 369] intentionally omitted <==
----- Start of picture text -----
5,187
4,578
13%
2 [nd]
Best
Best Ever: 6,704 INR/T in FY’22
PAT (INR Cr)
5,196
4,170
25%
----- End of picture text -----
Best Ever: 6,704 INR/T in FY’22
Best Ever: 10,101 INR Cr in FY’22
Best Ever: 7,583 INR Cr in FY’22
==> picture [126 x 27] intentionally omitted <==
----- Start of picture text -----
FY’25 FY’24
----- End of picture text -----
7
Financials Rs. Crore
Performance of FY25 (9M) v/s FY24 (9M)
| Particulars | 2024-25 (9M) |
2023-24 (9M) |
Variance | (%) |
|---|---|---|---|---|
| Iron Ore Production (LT) | 307.65 | 317.82 | (10.17) | (3%) |
| Iron Ore Sales (LT) | 317.36 | 319.40 | (2.04) | (1%) |
| Average Domestic Realisation (Rs./T) | 5,187 | 4,578 | 609 | 13% |
| Iron ore Sales | 16,461 | 14,622 | 1,839 | 13% |
| Revenue from Operations | 16,715 | 14,819 | 1,896 | 13% |
| Interest Income from Deposits with Banks | 774 | 679 | 95 | 14% |
| Other Income | 326 | 259 | 67 | 26% |
| Total Income | 17,815 | 15,757 | 2,058 | 13% |
| Royalty & Other Levy | 3,174 | 2,877 | 297 | 10% |
| Additional Royalty | 3,631 | 3,268 | 363 | 11% |
| Operational Expenses | 3,965 | 3,475 | 490 | 14% |
| Stock Adjustment | 99 | 277 | (178) | (64%) |
| Total Expenses (including discontinued operations) | 10,869 | 9,897 | 972 | 10% |
| EBITDA & Margin (%) before exceptional item | 7,309 (44%) | 6,156 (42%) | 1,153 | 19% |
| PBT before exceptional item | 6,946 | 5,859 | 1,087 | 19% |
| Exceptional item | - | (252) | 252 | (100%) |
| PBT after exceptional item | 6,946 | 5,607 | 1,339 | 24% |
| Profit After Tax | 5,196 | 4,170 | 1,026 | 25% |
8
Financials Rs. Crore
Performance of FY25 (Q3) v/s FY25 (Q2)
| Particulars | 2024-25 (Q3) |
2024-25 (Q2) |
Variance | (%) |
|---|---|---|---|---|
| Iron Ore Production (LT) | 132.91 | 82.85 | 50.06 | 60% |
| Iron Ore Sales (LT) | 119.36 | 97.27 | 22.09 | 23% |
| Average Domestic Realisation (Rs./T) | 5,361 | 4,852 | 509 | 10% |
| Iron ore Sales | 6,399 | 4,720 | 1679 | 36% |
| Revenue from Operations | 6,531 | 4,807 | 1,724 | 36% |
| Interest Income | 266 | 263 | 3 | 1% |
| Other Income | 108 | 97 | 11 | 11% |
| Total Income | 6,905 | 5,167 | 1,738 | 34% |
| Royalty & Other Levy | 1,404 | 823 | 581 | 71% |
| Additional Royalty | 1,628 | 927 | 701 | 76% |
| Operational Expenses | 1,582 | 1,250 | 332 | 27% |
| Stock Adjustment | (339) | 480 | (819) | (171%) |
| Total Expenses (including discontinued operations) | 4,275 | 3,480 | 795 | 23% |
| EBITDA & Margin (%) | 2,783 (43%) | 1,801 (37%) | 982 | 55% |
| Profit Before Tax | 2,630 | 1,687 | 943 | 56% |
| Profit After Tax | 1,944 | 1,269 | 675 | 53% |
9
Quarterly Iron Ore Production Trend
| Qty in LT | 107.03 88.56 122.23 132.40 91.89 82.85 132.91 |
107.03 88.56 122.23 132.40 91.89 82.85 132.91 |
107.03 88.56 122.23 132.40 91.89 82.85 132.91 |
107.03 88.56 122.23 132.40 91.89 82.85 132.91 |
107.03 88.56 122.23 132.40 91.89 82.85 132.91 |
107.03 88.56 122.23 132.40 91.89 82.85 132.91 |
107.03 88.56 122.23 132.40 91.89 82.85 132.91 |
|---|---|---|---|---|---|---|---|
| Q1 Q2 Q3 Q4 2023-24 |
Q1 Q2 Q3 2024-25 |
||||||
| KDL | 37.72 | 29.03 | 41.82 | 54.48 | 31.47 | 26.26 | 48.08 |
| BCH | 36.07 | 26.33 | 43.61 | 54.53 | 26.80 | 24.78 | 47.26 |
| DIOM | 14.13 | 13.06 | 14.99 | 14.45 | 10.87 | 12.69 | 15.57 |
| KIOM | 19.10 | 20.14 | 21.80 | 8.93 | 22.76 | 19.12 | 22.00 |
| TOTAL | 107.03 | 88.56 | 122.23 | 132.40 | 91.89 | 82.85 | 132.91 |
==> picture [9 x 38] intentionally omitted <==
----- Start of picture text -----
Qty in LT
----- End of picture text -----
10
Quarterly Iron Ore Sales Trend
| Quarterly Iron Ore Sales Trend | Quarterly Iron Ore Sales Trend | Quarterly Iron Ore Sales Trend | Quarterly Iron Ore Sales Trend | Quarterly Iron Ore Sales Trend | Quarterly Iron Ore Sales Trend | Quarterly Iron Ore Sales Trend | |
|---|---|---|---|---|---|---|---|
| Qty in LT | 109.75 95.71 113.94 125.41 100.73 97.27 119.36 |
||||||
| Q1 Q2 Q3 Q4 2023-24 |
Q1 Q2 Q3 2024-25 |
||||||
| KDL | 39.46 | 32.11 | 41.76 | 44.00 | 36.33 | 33.52 | 42.54 |
| BCH | 39.00 | 29.13 | 40.10 | 47.75 | 36.97 | 31.63 | 42.70 |
| DIOM | 14.95 | 13.27 | 14.47 | 14.21 | 11.53 | 12.68 | 14.55 |
| KIOM | 16.34 | 21.19 | 17.61 | 19.44 | 15.9 | 19.44 | 19.56 |
| TOTAL | 109.75 | 95.71 | 113.94 | 125.41 | 100.73 | 97.27 | 119.36 |
11
Average Domestic Price of Iron Ore (Overall)
==> picture [860 x 427] intentionally omitted <==
----- Start of picture text -----
5,304
5,125
5,361
4,852
4,850
4,679
4,146
Q1 Q2 Q3 Q4 Q1 Q2 Q3
2023-24 2024-25
LUMP 5,521 4,839 5,651 6,212 6,372 5,596 6,372
FINES 4,511 3,757 4,134 4,626 4,842 4,478 4,783
AVG 4,850 4,146 4,679 5,125 5,304 4,852 5,361
----- End of picture text -----
12
Details T 2 Shareholders as on 1-12-202 of op 5 3 4
| Sl. No. |
Shareholder | No. of Shares | % Holding |
|---|---|---|---|
| 1 | PRESIDENTOF INDIA | 5344900713 | 60.79 |
| 2 | LIFE INSURANCE CORPORATIONOF INDIA | 488273121 | 5.55 |
| 3 | SBI CONTRA FUND | 93299084 | 1.06 |
| 4 | ADITYA BIRLASUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLASUN LIFE MANUFACTURINGEQUITY FUND | 77875809 | 0.89 |
| 5 | MIRAE ASSET NIFTY MIDCAP 150ETF | 62927522 | 0.72 |
| 6 | UTI LARGE&MIDCAP FUND | 51416951 | 0.58 |
| 7 | VANGUARD TOTAL INTERNATIONALSTOCK INDEX FUND | 48354279 | 0.55 |
| 8 | ICICI PRUDENTIAL LIFE INSURANCECOMPANY LIMITED | 45719263 | 0.52 |
| 9 | VANGUARD EMERGINGMARKETS STOCK INDEX FUND,ASERIES OF VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 43366419 | 0.49 |
| 10 | SBI LIFE INSURANCECO. LTD | 39370263 | 0.45 |
| 11 | EDELWEISSNIFTY500MULTICAP MOMENTUMQUALITY50ETF | 38918007 | 0.44 |
| 12 | QUANT MUTUAL FUND -QUANT MIDCAP FUND | 37242000 | 0.42 |
| 13 | ICICI PRUDENTIAL MANUFACTURINGFUND | 34843967 | 0.4 |
| 14 | BANDHAN MULTI ASSET ALLOCATION FUND | 30699869 | 0.35 |
| 15 | NIPPON LIFE INDIA TRUSTEE LTD-A/CNIPPON INDIAGROWTH FUND | 30240419 | 0.34 |
| 16 | MIRAE ASSET MIDCAP FUND | 29357121 | 0.33 |
| 17 | GOVERNMENT OF SINGAPORE | 27600651 | 0.31 |
| 18 | ISHARES COREMSCIEMERGING MARKETSETF | 27249990 | 0.31 |
| 19 | VANGUARDFIDUCIARY TRUST COMPANY INSTITUTIONALTOTALINTERNATIONALSTOCK MARKET INDEX TRUST II | 24645104 | 0.28 |
| 20 | WISDOMTREEINDIA INVESTMENT PORTFOLIO, INC. | 23867385 | 0.27 |
| 21 | DSPEQUITY SAVINGS FUND | 23341696 | 0.27 |
| 22 | KOTAK MAHINDRA TRUSTEECOLTDA/C KOTAK NIFTY MIDCAP150 MOMENTUM 50 INDEX FUND | 22593028 | 0.26 |
| 23 | TATA NIFTY MIDCAP150 MOMENTUM 50 INDEX FUND | 22533901 | 0.26 |
| 24 | ARTEMIS SMARTGARP GLOBAL EMERGING MARKETSEQUITY FUND | 20820000 | 0.24 |
| 25 | ISHARES MSCI INDIAETF | 20609157 | 0.23 |
| Total: | 6710065719 | 76.31 |
8
Major Investment in Subsidiaries, JVs & Associates
JKMDC (*) 95.86%
KVSL (100%) Rs. 0.10 cr
NCL (51%), BRPL (52%) NCF Rs. 98.35 cr, Rs. 152.67 cr, Rs 2 cr.
==> picture [35 x 40] intentionally omitted <==
==> picture [87 x 103] intentionally omitted <==
==> picture [53 x 43] intentionally omitted <==
Krishnapatnam Rly Co. Ltd (6.40%) Rs. 40.0 cr
ICVL (25.94%), Rs. 378.86 cr Legacy Iron Ore (93.17%), Rs. 443.34 cr
(*) Investment derated
Total Investments - Rs. 1,115.36 crore
Map is for general reference purpose only
9
Chhattisgarh Mega Steel Ltd – Rs 0.01 cr, JNMDC – Rs 0.01 cr, Investment in co-operative society – Rs 0.02 cr
NMDC Mines India Shines
==> picture [169 x 35] intentionally omitted <==
#Ispati Irada