💡 Did you know?
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
History
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
NMDC Limited is an India-based producer of iron ore. The Company owns and operates highly mechanized iron ore mines in the state of Chhattisgarh and Karnataka. It also operates the mechanized diamond mine in India at Panna, Madhya Pradesh. It offers a diverse range of iron…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
An exceptional, steadily growing business, reasonably priced.
NMDC is scored on the commodity / cyclical framework. It keeps a fat 22.1% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT 0.67×) — worth a closer look. Free cash flow is worth about 1.9% of its market value.
Over the last 3 years revenue compounded at 22%/yr and profit at 10%/yr. Book value has grown 15%/yr. Return on equity is an elite 21.9%. In the latest quarter profit fell 1% versus the prior quarter.
At 8× earnings, the stock sits at the 29th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price asks for only ~-3%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 8.28 | — | — |
| P/B | 1.81 | 6.21 | better |
| EV/EBITDA | 5.28 | 4.31 | worse |
| ROE | 21.87 | — | — |
| ROCE | 25.28 | 6.73 | better |
| ROA | 15.42 | — | — |
| Quick Ratio | 2.22 | 4.5 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Coal India | 7.3 | 1.9 | 26.2% |
| Lloyds Metals | 18.6 | 6.2 | 32.3% |
| Kiocl | 522.5 | 11.7 | 0.9% |
Revenue has grown every year across all 4 financial years shown. 22% CAGR over 3 years — high-growth territory. Growth is accelerating — latest year outpaced the prior year's rate.
Net profit has risen every year — the hallmark of a compounder. Revenue is outpacing profit (22% vs 10%) — costs are rising faster than the top line.
Operating margin has compressed from 41% to 30% — costs or competition are eating into profitability. Interest or tax burden is shrinking — more of the operating profit is reaching the bottom line.
ROE at 22% — the business earns well above its cost of equity. ROE powered by fat margins — the hallmark of a high-quality franchise with pricing power. Low variance across years — a predictable business that earns steadily on its equity base.
Profit grew faster than EPS (10% vs -24%) — share dilution is eroding per-share value. -24% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 39% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (43% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 28% above earlier ones.
Quarterly net margins are expanding (25% → 28%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 60.8% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.