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NMDC Ltd Investor Presentation 2026
61742_rns_2026-05-30_130e5a4b-482b-464f-a34f-816afb9863d9.pdf
Investor Presentation
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एन एम डी सी लिमिटेड
NMDC
एन एम डी सी लिमिटेड
NMDC Limited
(भारत सरकार का उद्यम) (A GOVT. OF INDIA ENTERPRISE)
पंजीकृत कार्यालय : ‘खनिज भवन’, 10-3-311/ए, कैसल हिल्स, भासाब टैंक, हैदराबाद - 500 028.
Regd. Office : ‘Khanij Bhavan’ 10-3-311/A, Castle Hills, Masab Tank, Hyderabad - 500 028.
नैगम पहचान संख्या / Corporate Identity Number : L13100TG1958 GOI 001674
No. SEA202627012
30th May 2026
| BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai - 400001
Scrip Code – 526371
Through BSE Listing Centre | National Stock Exchange of India Limited
Exchange Plaza, C- 1, Block G,
Bandra-Kurla Complex,
Bandra (East), Mumbai - 400051
Scrip Code – NMDC
Through NEAPS | The Calcutta Stock Exchange Limited
7, Lyons Range, Murgighata,
Dalhousie,
Kolkata - 700001
Scrip Code – 24131
Through Listing Compliances
CSE India |
| --- | --- | --- |
Dear Sir/Madam,
Sub: Corporate Investors’ Presentation on Company's Performance for the quarter and year ended 31st March 2026.
Ref: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Reference the captioned subject, kindly note that Corporate Investors’ Presentation on Company's Performance for the quarter and year ended 31st March 2026 is enclosed herewith for kind reference.
The above information is also available on the Company's website on following link https://www.nmdc.co.in/investors/investor-news
Thanking you,
Yours faithfully,
for NMDC Limited
PRAVIN SHEKHAR
Digitally signed by PRAVIN SHEKHAR
Date: 2026.05.30
06:18:22 +05'30'
(Pravin Shekhar)
Company Secretary & Compliance Officer
(Phones: 040-235387 13-21 (9 Lines), 23538723, 23538767 फैक्स /Fax: +91-40-23538711
ई-मेल E-mail: [email protected] वेबसाइट Website: www.nmdc.co.in
NMDC
NMDC Limited Financial Results FY 2025-26
FY26
a watershed year where momentum turned into scale
Disclaimer
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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.
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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.
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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.
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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.
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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").
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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
Physical Performance in FY26 (Q4 v/s Q4 CPLY)
162.72
Production (LT)
CPLY: 133.07 LT
152.99
Sales (LT)
CPLY: 126.68 LT (Previous best)
21%
Financial Performance in FY26 (Q4 v/s Q4 CPLY)
Previous Best: 6,953 INR Cr in Q4 FY'25
Best Ever: 4,330 INR Cr in Q4 FY'21
Best Ever: 6,138 INR/T in Q4 FY'21
Best Ever: 4,267 INR Cr in Q4 FY'21
Best Ever: 2,838 INR Cr in Q4 FY'21
Performance of FY26 (Q4) v/s FY25 (Q4)
Financials Rs. Crore
| Particulars | 2025-26 (Q4) | 2024-25 (Q4) | Variance | (%) |
|---|---|---|---|---|
| Iron Ore Production (LT) | 162.72 | 133.07 | 29.65 | 22% |
| Iron Ore Sales (LT) | 152.99 | 126.68 | 26.31 | 21% |
| Ore transferred for Pellets - Job work (LT) | 6.58 | 5.94 | 0.64 | 11% |
| Average Domestic Realization (Rs./T) | 4,759 | 5,007 | (248) | (5%) |
| Iron ore Sales | 7,280 | 6,343 | 937 | 15% |
| Other Sales | 3,893 | 610 | 3,283 | 538% |
| Revenue from Operations | 11,173 | 6,953 | 4,220 | 61% |
| Interest Income from Deposits with Banks | 203 | 245 | (42) | (17%) |
| Other Income | 225 | 246 | (21) | (9%) |
| Total Income | 11,601 | 7,444 | 4,157 | 56% |
| Royalty & Other Levies | 1,527 | 1,359 | 168 | 12% |
| Additional Amount (150% of Royalty) | 1,708 | 1,541 | 167 | 11% |
| Purchase of Stock in Trade | 2,837 | 83 | 2,754 | 3,318% |
| Pellets – Job Work Expenses | 398 | 211 | 187 | 89% |
| Operational Expenses | 2,043 | 1,916 | 127 | 7% |
| Stock Adjustment | 213 | (17) | 230 | (1,353%) |
| Total Expenses | 8,726 | 5,093 | 3,633 | 71% |
| EBITDA & Margin (%) | 3,072 (27%) | 2,538 (37%) | 534 | 21% |
| Profit Before Tax | 2,875 | 2,351 | 524 | 22% |
| Profit After Tax | 2,020 | 1,496 | 524 | 35% |
Robust Performance in FY26
Production (LT)
Previous Best: 450.22 LT in FY'24
Sales (LT)
Previous Best: 444.81 LT in FY'24
PBT (INR Cr)
Previous Best: 13,022 INR Cr in FY'22
Average Iron ore Sales Realization (Rs / T)
Previous Best: 6,302 Rs/T in FY'22
Financials Rs. Crore
Performance of FY26 v/s FY25
| Particulars | 2025-26
(12M) | 2024-25
(12M) | Variance | (%) |
| --- | --- | --- | --- | --- |
| Iron Ore Production (LT) | 531.58 | 440.72 | 90.86 | 21% |
| Iron Ore Sales (LT) | 502.39 | 444.04 | 58.35 | 13% |
| Ore transferred for Pellets - Job work (LT) | 30.08 | 7.04 | 23.04 | 327% |
| Average Domestic Realization (Rs./T) | 4,921 | 5,135 | (214) | (4%) |
| Iron ore Sales | 24,723 | 22,803 | 1,920 | 8% |
| Other Sales | 6,831 | 865 | 5,966 | 690% |
| Revenue from Operations | 31,554 | 23,668 | 7,886 | 33% |
| Interest Income from Deposits with Banks | 756 | 1,019 | (263) | (26%) |
| Other Income | 707 | 571 | 136 | 24% |
| Total Income | 33,017 | 25,259 | 7,758 | 31% |
| Royalty & Other Levies | 5,207 | 4,534 | 673 | 15% |
| Additional Amount (150% of Royalty) | 5,875 | 5,172 | 703 | 14% |
| Purchase of Stock in Trade | 3,942 | 197 | 3,745 | 1,901% |
| Pellets – Job Work Expenses | 1,361 | 258 | 1,103 | 428% |
| Operational Expenses | 6,252 | 5,719 | 533 | 9% |
| Stock Adjustment | 225 | 82 | 143 | 174% |
| Total Expenses | 22,862 | 15,962 | 6,900 | 43% |
| EBITDA & Margin (%) | 10,737
(34%) | 9,847
(42%) | 890 | 9% |
| Profit Before Tax | 10,155 | 9,296 | 859 | 9% |
| Profit After Tax | 7,421 | 6,693 | 728 | 11% |
Financials Rs. Crore
Performance of FY26 (Q4) v/s FY26 (Q3)
| Particulars | 2025-26 (Q4) | 2025-26 (Q3) | Variance | (%) |
|---|---|---|---|---|
| Iron Ore Production (LT) | 162.72 | 146.84 | 15.88 | 11% |
| Iron Ore Sales (LT) | 152.99 | 127.07 | 25.92 | 20% |
| Ore transferred for Pellets - Job work (LT) | 6.58 | 9.80 | (3.22) | (33%) |
| Average Domestic Realisation (Rs./T) | 4,759 | 4,681 | 78 | 2% |
| Iron ore Sales | 7,280 | 5,949 | 1,331 | 22% |
| Other Sales | 3,893 | 1,537 | 2,356 | 153% |
| Revenue from Operations | 11,173 | 7,486 | 3,687 | 49% |
| Interest Income | 203 | 193 | 10 | 5% |
| Other Income | 225 | 163 | 62 | 38% |
| Total Income | 11,601 | 7,842 | 3,759 | 48% |
| Royalty & Other Levies | 1,527 | 1,405 | 122 | 9% |
| Additional Amount (150% of Royalty) | 1,708 | 1,585 | 123 | 8% |
| Purchase of Stock in Trade | 2,837 | 582 | 2,255 | 387% |
| Pellets – Job Work Expenses | 398 | 417 | (19) | (5%) |
| Operational Expenses | 2,043 | 1,540 | 503 | 33% |
| Stock Adjustment | 213 | (53) | 266 | (502%) |
| Total Expenses | 8,726 | 5,476 | 3,250 | 59% |
| EBITDA & Margin (%) | 3,072 (27%) | 2,504 (33%) | 568 | 23% |
| Profit Before Tax | 2,875 | 2,366 | 509 | 22% |
| Profit After Tax | 2,020 | 1,738 | 282 | 16% |
Quarterly Iron Ore Production Trend
Qty in LT
| Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | |
|---|---|---|---|---|---|---|---|---|
| KDL | 31.47 | 26.26 | 48.08 | 48.89 | 39.01 | 33.48 | 53.84 | 64.71 |
| BCH | 26.80 | 24.78 | 47.26 | 46.55 | 42.86 | 32.42 | 51.44 | 57.48 |
| DIOM | 10.87 | 12.69 | 15.57 | 16.59 | 17.28 | 15.46 | 17.77 | 19.56 |
| KIOM | 22.75 | 19.12 | 22.00 | 21.04 | 20.79 | 20.72 | 23.79 | 20.97 |
| Total | 91.89 | 82.85 | 132.91 | 133.07 | 119.94 | 102.08 | 146.84 | 162.72 |
Quarterly Iron Ore Sales Trend
| Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | |
|---|---|---|---|---|---|---|---|---|
| 2024-25 | 2025-26 | |||||||
| KDL | 36.33 | 33.52 | 42.54 | 44.01 | 40.71 | 37.66 | 46.31 | 52.46 |
| BCH | 36.97 | 31.63 | 42.70 | 40.39 | 40.62 | 32.33 | 42.34 | 52.68 |
| DIOM | 11.53 | 12.68 | 14.55 | 17.14 | 16.25 | 16.87 | 16.66 | 20.33 |
| KIOM | 15.90 | 19.44 | 19.57 | 25.14 | 17.59 | 20.30 | 21.76 | 25.97 |
| AGPL | 1.55 | |||||||
| Total | 100.73 | 97.27 | 119.36 | 126.68 | 115.17 | 107.16 | 127.07 | 152.99 |
Average Domestic Price of Iron Ore (Overall)
| LUMP | 6,372 | 5,596 | 6,372 | 6,037 | 6,424 | 5,695 | 5,441 | 5,610 |
|---|---|---|---|---|---|---|---|---|
| FINES | 4,842 | 4,478 | 4,783 | 4,344 | 4,745 | 4,528 | 4,206 | 4,248 |
| AVG | 5,304 | 4,852 | 5,361 | 5,007 | 5,353 | 4,973 | 4,681 | 4,759 |
Details of Top 25 Shareholders as on 31-03-2026
| Sl. No. | Shareholder | No. of Shares | % Holding |
|---|---|---|---|
| 1 | PRESIDENT OF INDIA | 5344900713 | 60.79 |
| 2 | LIFE INSURANCE CORPORATION OF INDIA | 430217392 | 4.89 |
| 3 | SBI NIFTY 500 INDEX FUND | 120218423 | 1.37 |
| 4 | SBI LIFE INSURANCE CO. LTD | 80415253 | 0.91 |
| 5 | EDELWEISS TRUSTEESHIP CO LTD AC- EDELWEISS MF AC- EDELWEISS MID CAP FUND | 73086410 | 0.83 |
| 6 | ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE PSU EQUITY FUND | 60597785 | 0.69 |
| 7 | VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND | 50424947 | 0.57 |
| 8 | KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK BSE PSU INDEX FUND | 48906312 | 0.56 |
| 9 | VANGUARD EMERGING MARKETS STOCK INDEX FUND, A SERIES OF VANGUARD INTERNATIONAL EQUITY INDEX FUNDS | 47713430 | 0.54 |
| 10 | ICICI PRUDENTIAL MIDCAP 150 INDEX FUND | 44484804 | 0.51 |
| 11 | ARTEMIS SMARTGARP GLOBAL EMERGING MARKETS EQUITY FUND | 38300000 | 0.44 |
| 12 | ISHARES CORE MSCI EMERGING MARKETS ETF | 34558576 | 0.39 |
| 13 | TATA NIFTY MIDCAP 150 INDEX FUND | 28694670 | 0.33 |
| 14 | ROBECO CAPITAL GROWTH FUNDS - ROBECO QI EMERGING MARKETS SUSTAINABLE ENHANCED INDEX EQUITIES II | 28638987 | 0.33 |
| 15 | QUANT MUTUAL FUND - QUANT MID CAP FUND | 25355470 | 0.29 |
| 16 | VANGUARD FIDUCIARY TRUST COMPANY INSTITUTIONAL TOTAL INTERNATIONAL STOCK MARKET INDEX TRUST II | 25305630 | 0.29 |
| 17 | NIPPON LIFE INDIA TRUSTEE LTD- A/C NIPPON INDIA GROWTH MID CAP FUND | 24639903 | 0.28 |
| 18 | BANDHAN FLEXI CAP FUND | 22572599 | 0.26 |
| 19 | THE NEW INDIA ASSURANCE COMPANY LIMITED | 20826332 | 0.24 |
| 20 | THE COLLECTIVE LSV INTERNATIONAL (ACWI EX US) VALUE EQUITY FUND OF THE NORTHERN TRUST COMPANY SUB-ADVISED COLLECTIVE FUN | 20463100 | 0.23 |
| 21 | LSV EMERGING MARKETS EQUITY FUND LP | 18960700 | 0.22 |
| 22 | AUSTRALIANSUPER | 18052700 | 0.21 |
| 23 | UTI NIFTY MIDSMALLCAP 400 MOMENTUM QUALITY 100 INDEX FUND | 16757226 | 0.19 |
| 24 | DSP EQUITY SAVINGS FUND | 16749314 | 0.19 |
| 25 | EMERGING MARKETS CORE EQUITY 2 PORTFOLIO OF DFA INVESTMENT DIMENSIONS GROUP INC. | 16721442 | 0.19 |
| Total: | 6657562118 | 75.74 |
12
Major Investment in Subsidiaries, JVs & Associates
JKMDC (1)
95.86%
NCL (51%), BRPL (52%) NCF
Rs. 402.99 cr, Rs. 152.67 cr, Rs 2 cr.
KVSL (100%)
Rs. 0.10 cr
Krishnapatnam Rly Co.
Ltd (6.40%) Rs. 40.0 cr
(*) Investment derated
Investment in co-operative society – Rs 0.02 cr
Total Investments - Rs. 1,419.98 crore
ICVL (25.94%),
Rs. 378.86 cr Legacy Iron Ore
(92.84%), Rs. 443.34 cr
Map is for general reference purpose only
Thank you
NMDC Mines
India Shines
Ispati Irada
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