NMDC Steel Ltd.
NSE: NSLNISPNIFTY500
₹44.65+19.2%1Y
Last updated 03:02:47 IST· Public market feed (~15 min delay during market hours)
NMDC Steel Ltd.: A 30-second snapshot
NMDC Steel (NSLNISP) is a Metals-sector steel producer currently trading at ₹43.80, up 20.96% over the past 12 months and above both its 50-DMA (₹39.79) and 200-DMA (₹41.42). The business reported a profit margin of -6.4% with a debt-to-equity ratio of 40.77, placing it at the bottom of quality rankings among its 6-peer group in Metals with a quality score of 53 — ranked 1st of 6.
P/E
—
Forward P/E
—
ROE
—
Debt / Equity
40.77
Profit Margin
-6.4%
Div. Yield
—
5Y ROE > 15%
0/5
5Y FCF > 0
1/5
Quality
37/100
News
2 headlines · 0 positive · 0 negative
Recent context
- ·Only 2 news items were collected in the analysis window, both neutral — one a share-price tracker (Business Today, May 14) and one a multi-stock trading note (TradingView, May 7); no company-specific announcements or earnings commentary were identified.
- ·The stock closed at ₹43.80 with near-term resistance at ₹43.85 and ₹46.59; the proximity to the ₹43.85 resistance level is notable given the stock is currently trading close to that ceiling.
- ·NMDC Steel is a relatively young, large-scale greenfield steel plant promoted by NMDC; the ramp-up phase characteristically involves high leverage and initial losses before cash-break-even — the current fundamentals are consistent with that lifecycle stage.
Strengths
- +5-year revenue growth of 41.9% indicates significant top-line scale-up, reflecting a rapid capacity ramp in the domestic steel segment.
- +Price of ₹43.80 is above both 50-DMA (₹39.79) and 200-DMA (₹41.42), with RSI at 57.89 (neutral range) — technical structure shows the stock above both medium and long-term moving averages.
- +Quality score of 53 ranks NSLNISP 1st of 6 peers in the Metals group as classified by the screener; peers ADANIENT (22), HINDALCO (38), JSWSTEEL (45), and TATASTEEL (42) all score lower.
- +Drawdown from 52-week high is -11.78%, indicating the stock is relatively close to its annual peak compared to the magnitude of its fundamental challenges.
Weaknesses
- −Profit margin of -6.4% means the business is currently loss-making; combined with a D/E of 40.77, there is no earnings buffer to service the debt load — a high solvency-risk configuration.
- −D/E of 40.77 is an extreme outlier in the Metals sector; large-cap peers carry significantly lower leverage, and the debt trend is classified as rising, compounding the risk.
- −FCF was positive in only 1 of available years with a consistency score of 0 and ROE above 15% in 0 of available years — the business has not demonstrated sustained ability to generate free cash or equity returns.
- −No analyst coverage is available (rating and count both null); absence of sell-side research limits external validation of management guidance and capital structure plans.
Open questions
- ?At what utilisation rate and steel price does the NSLNISP plant reach EBITDA break-even, and how does current capacity utilisation compare to that threshold?
- ?Given a D/E of 40.77 and a rising debt trend, what is the debt maturity profile, and does the company have sufficient liquidity or committed credit lines to cover near-term obligations?
- ?Does the 5-year revenue growth of 41.9% reflect genuine market-share gains in domestic steel, or is it primarily a function of greenfield capacity being brought online from a low base?
- ?How does the quality-score ranking of 1st among 6 peers reconcile with loss-making operations and extreme leverage — what metric drives the score, and is it a reliable indicator of relative strength here?
Peer comparison: Metals
Ranks 1 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| NSLNISP | NMDC Steel Ltd.You're viewing | — | — | 53 |
| Industry avg | across 5 peers | 23.8 | +17.4% | 37 |
| JSWSTEEL | JSW Steel Ltd. | 14.0 | +27.3% | 45 |
| TATASTEEL | Tata Steel Ltd. | 29.5 | +11.2% | 42 |
| HINDALCO | Hindalco Industries Ltd. | 14.7 | — | 38 |
| ADANIENT | Adani Enterprises Ltd. | 36.9 | +13.7% | 22 |
| DUMMYVEDL1 | Dummy Vedanta Ltd. 1 | — | — | — |
Technical state
Current price
₹43.80
SMA 50
₹39.79
SMA 200
₹41.42
RSI (14)
57.9 (neutral)
From 52w high
-11.8%
1Y return
+21.0%
3M return
+4.5%
50-DMA
Above
200-DMA
Above
Algorithmic support levels
₹40.71
₹40.60
₹39.05
Algorithmic resistance levels
₹43.85
₹46.59
Risk flags
- highProfit margin of -6.4% confirms the business is currently loss-making; with D/E of 40.77, the company carries extreme leverage and has no earnings buffer to service it.
- highD/E of 40.77 is an extreme outlier in the Metals peer group; for context JSWSTEEL, TATASTEEL, and HINDALCO are large-cap peers with substantially lower leverage, indicating NSLNISP carries a structurally different balance-sheet risk profile.
- highFCF positive in only 1 of available years; consistency score of 0; ROE above 15% in 0 of available years — persistent inability to generate free cash flow or returns on equity while carrying extreme debt raises solvency concerns.
- mediumDebt trend is classified as rising; continued debt accumulation against a -6.4% profit margin with no positive FCF track record compounds the already elevated balance-sheet risk.
- lowOnly 2 news items collected, both neutral; extremely sparse coverage limits event-driven risk assessment. Analysis relies primarily on financial and technical data.
Cross-section contradictions
- 5-year revenue growth of 41.9% reflects strong top-line expansion, yet profit margin is -6.4% and FCF positive in only 1 of available years — scale has not translated into profitability or cash generation.
- Price is +20.96% over 12 months and trades above both 50-DMA (₹39.79) and 200-DMA (₹41.42) with RSI at 57.89, yet the underlying business is loss-making with a D/E of 40.77 — price momentum and fundamental quality are diverging.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 17 May 2026 · rotates through NIFTY 500 every ~5 days