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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.
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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 Steel Limited is an India-based company. The Company is primarily engaged in the manufacturing of iron and steel products. The Company owns and operates the approximately 3.0 million tons per annum (MTPA) steel plant at Nagarnar, Chhattisgarh. The Company’s product mix…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling business — but flagged on governance.
NMDC Steel is scored on the commodity / cyclical framework. It keeps a thin 0.4% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 30.58× reported profit. It throws off free cash worth 16.4% of its market value — a strong free-cash yield.
Net worth has actually shrunk (-8%/yr) — value is not being built. Return on equity is a weak 0.5%. In the latest quarter profit fell 87% versus the prior quarter.
It trades at 137× earnings. Today's price already implies ~36%/yr earnings growth sustained for a decade — a demanding bar. The forensic screen raises a red flag: 113% of pre-tax profit is other income, not operations.
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 | 136.76 | — | — |
| P/B | 0.88 | 2.12 | better |
| EV/EBITDA | 9.58 | 8.94 | worse |
| ROE | 0.45 | — | — |
| ROCE | 3.16 | 11.11 | worse |
| ROA | 0.3 | — | — |
| Quick Ratio | 0.21 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| JSW Steel | 10.5 | 2.9 | 11.9% |
| Tata Steel | 20.6 | 2.3 | 10.6% |
| Jindal Steel & Power | 41.5 | 2.3 | 6.2% |
Revenue has grown every year across all 4 financial years shown. Growth is decelerating — latest year grew slower than the year before.
3 of the 4 years shown had a loss — profitability is inconsistent. The latest year saw a +102% swing — check if it's a one-off or structural.
Operating margin has expanded from -69% to 1% — the business is keeping more of each rupee earned. The gap between operating and net margin is widening — interest or tax costs are rising.
ROE at 0% — modest; the capital isn't working hard.
1 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Cash conversion at 30.6× PAT — earnings are well-backed by cash; strong accrual quality. 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 5% QoQ — could be seasonality or a genuine slowdown. Run-rate stepping up — recent quarters average 18% above earlier ones.
2 of 4 quarters loss-making — quarterly profitability is uneven. Profit fell 87% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly net margins are expanding (-3% → 1%) — profitability per rupee of revenue is improving.
P/E band unavailable — needs 5y of consistent EPS + price history.
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.