NMDC Steel Ltd (NSLNISP) — shareholding pattern, promoter holding, financials and share price
About NMDC Steel Ltd (NSLNISP)
NMDC Steel Ltd operates in the Iron & Steel industry, within the Metals & Mining sector. It trades on the NSE as NSLNISP and on the BSE under scrip code 543768. Its ISIN is INE0NNS01018.
National Mineral Development Corporation (NMDC), a Navratna Public Sector Enterprise under the Ministry of Steel, Government of India is the single largest producer of iron ore in India. It owns and operates iron ore mines in Chhattisgarh and Karnataka and has its registered office at Hyderabad, Telangana. [1]
NMDC Steel Limited is a government-owned company focused on steel production, established as a subsidiary of NMDC Limited. It operates a greenfield steel plant in Nagarnar, Chhattisgarh, with a 3 MTPA capacity.
The company benefits from strategic proximity to NMDC's Bailadila iron ore mines, ensuring a steady raw material supply. It is well-connected to Visakhapatnam seaport and Raipur for efficient logistics.
Listed peers in Iron & Steel: Sarda Energy & Minerals Ltd, Vedanta Iron & Steel Ltd, Jai Balaji Industries Ltd, Prakash Industries Ltd, Mukand Ltd, Mangalam Worldwide Ltd.
Valuation & Returns
10 Jul 2026At ₹43.34 a share on 10 Jul 2026, NMDC Steel Ltd (NSLNISP) was valued at a price-to-earnings ratio of 216.3x against an industry P/E of 24.95x and a price-to-book of 0.97x on a book value of ₹44.75 per share as of Mar 2025. Solomo computes return on equity of 0.45% and return on capital employed of 2.96% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 216.3x
- Industry P/E
- 24.95x
- P/B
- 0.97x
- EPS (TTM)
- ₹0.2
- Book value / share
- ₹44.75
- ROE
- 0.45%
- ROCE
- 2.96%
- ROA
- 0.21%
- Debt / equity
- 0.45x
- Dividend yield
- 0%
- EBITDA margin
- 11.76%
- 52-week range
- ₹33.07 – ₹53.71
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, NMDC Steel Ltd (NSLNISP) reported revenue of ₹13,642 crore, net profit of ₹59 crore and earnings per share of ₹0.2. That compares with revenue of ₹8,503 crore and net profit of ₹-2,374 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹3,879 crore and net profit ₹392 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 0 | 0 | 3,049 | 8,503 | 13,642 |
| Net profit (₹ cr) | 0 | 0 | -1,560 | -2,374 | 59 |
| EPS (₹) | - | 0 | -5.32 | -8.1 | 0.2 |
| Measure | 1Y |
|---|---|
| Sales growth | 178.88% |
| Profit growth | -52.13% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 60.79% of NMDC Steel Ltd (NSLNISP) (unchanged from the previous quarter), foreign institutional investors (FII) hold 5.49% and domestic institutional investors (DII) hold 15.78%. Market capitalisation was ₹12,701 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2023.
Largest disclosed public shareholders in Jun 2026: LIFE INSURANCE CORPORATION OF INDIA 13.47%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 60.79% | - | 5.49% | 15.78% | 39.21% |
| Mar 2026 | 60.79% | - | 4.85% | 15.86% | 39.21% |
| Dec 2025 | 60.79% | - | 4.8% | 15.68% | 39.21% |
| Sep 2025 | 60.79% | - | 5.13% | 15.34% | 39.21% |
| Jun 2025 | 60.79% | - | 4.67% | 15.9% | 39.21% |
| Mar 2025 | 60.79% | - | 4.6% | 16.03% | 39.21% |
| Dec 2024 | 60.79% | - | 4.58% | 16.02% | 39.21% |
| Sep 2024 | 60.79% | - | 4.56% | 16.07% | 39.21% |