NMDC Steel Share Price Target 2025, 2026, 2030, 2040, 2050
NMDC Steel, a subsidiary of the National Mineral Development Corporation (NMDC), was incorporated under the Ministry of Steel, Government of India. NMDC is India’s major iron ore producer, with mines in Chhattisgarh and Karnataka. The company is headquartered in Hyderabad, Telangana, and the subsidiary aims to diversify its offerings by producing value-added steel.
This blog will provide the details of NMDC Steel Share Price targets as far as 25 years from now (2025 – 2050).
What is NMDC Steel Ltd (NSE: NSLNISP)?
NMDC Steel has expertise in manufacturing low carbon steel, high strength low alloy steel (HSLA), dual phase steel, and API grade steel products used for a variety of industries such as LPG cylinder manufacturing, railway wagon construction, shipbuilding, storage tank production, and automotive component manufacturing. The state-of-the-art plant in Nagarnar, Chhattisgarh, has state-of-the-art facilities, including thin slab casters capable of rolling 1mm-16mm thick HR coils for the domestic and global markets.
Company Overview
Fundamental Table
| Parameter | Details |
|---|---|
| Market Cap | ₹11,945 Crores |
| Current Price | ₹40.8 |
| 52-Week High / Low | ₹73.7 / ₹38.1 |
| Debt | ₹6,513 Crores |
| Revenue (TTM) | ₹6,317 Crores |
| Net Profit (TTM) | ₹-2,572 Crores |
| EPS (TTM) | ₹- |
| Return on Equity (ROE) | -9.59% |
| Return on Capital Employed (ROCE) | -8.69% |
| Promoter Holding | 60.8% |
| Dividend Yield | 0.00% |
| Price-to-Book Ratio (PB) | Not Available |
| Industry P/E | 26.5 |
Peer Comparison Table
| Name | CMP (₹) | Market Cap (₹ Cr.) | P/E | ROCE (%) | Net Profit (₹ Cr.) | Revenue (₹ Cr.) |
|---|---|---|---|---|---|---|
| Ratnamani Metals | 3,011.25 | 21,106 | 39.87 | 27.72 | ₹99.35 | ₹971.33 |
| Sarda Energy | 427.00 | 15,047 | 25.16 | 15.28 | ₹203.49 | ₹1,158.66 |
| NMDC Steel | 40.76 | 11,945 | – | -8.69 | ₹-595.37 | ₹1,522.35 |
| Usha Martin | 358.00 | 10,910 | 25.55 | 22.08 | ₹109.31 | ₹891.17 |
| Maharashtra Seamless | 654.60 | 8,771 | 10.41 | 22.92 | ₹220.16 | ₹1,291.81 |
| Gallantt Ispat | 321.95 | 7,768 | 24.42 | 11.96 | ₹48.89 | ₹942.57 |
| Technocraft Industries | 2,764.45 | 6,348 | 23.58 | 18.68 | ₹71.21 | ₹628.56 |
| Period | Share Price (INR) |
|---|---|
| Before 1 Year | ₹48.00 |
| Before 6 Months | ₹56.78 |
| Before 5 Years | – |
| All-Time Max | ₹73.70 |
The current share price of NMDC Steel may fluctuate depending on factors such as the production of HR coils, capacity utilisation of the plants and demand from industries such as construction, automotive and energy. New product launches or management changes could also affect trends – stay informed about market movements!
Check Live Price here:
Tomorrow’s share price of NMDC Steel will depend on factors such as production of HR coils, plant utilisation and demand from industries such as automotive and construction. The supply of iron ore from the Bailadila mine could also impact the stock movements and market sentiments.
| Day | Minimum Price | Maximum Price |
|---|---|---|
| Tomorrow | -2.2 | +5.5 |
NSLNISP Indicator Based Technical Analysis
NOTE!
Signals may differ across timeframes. If you’re planning to purchase NSLNISP and keep it for more than one week, it’s suggested that you choose signals from weekly and daily timeframes. For trading in the short term, signals that range from 5 minutes to 1-hour timeframes are better appropriate.
NMDC Steel’s product portfolio, consisting of HR coils and high-strength steel, will help drive growth while increasing profits. The state-of-the-art manufacturing facility and growing demand from sectors such as automotive and construction will drive future expansion. An estimate of the share price for the year 2025 is between 35 and 78 rupees.
| Year | Minimum Price (Rs.) | Minimum Price (Rs.) | Event |
|---|---|---|---|
| 2025 | ₹35 | ₹78 | Year of growth and product innovations. |
| Month | Minimum Price (Rs.) | Maximum Price (Rs.) | Event |
| January | ₹35 | ₹57 | New product rollout in select regions. |
| February | ₹36 | ₹59 | Market response indicates steady demand. |
| March | ₹37 | ₹61 | Strategic partnerships announced. |
| April | ₹38 | ₹63 | Start of full-scale operations at Nagarnar. |
| May | ₹40 | ₹65 | Increased export activity reported. |
| June | ₹42 | ₹67 | Domestic market expansion initiative. |
| July | ₹43 | ₹68 | Cost optimization strategies implemented. |
| August | ₹44 | ₹70 | New steel grades enter production. |
| September | ₹45 | ₹72 | Robust demand drives price increase. |
| October | ₹46 | ₹74 | Infrastructure projects boost sales. |
| November | ₹47 | ₹76 | Q3 results exceed expectations. |
| December | ₹48 | ₹78 | High year-end demand in key industries. |
NMDC Steel’s share price target in 2026 is likely to be influenced by increased production capacity, expanded product supply and sustained demand from key industries. In addition, developments in manufacturing technology leading to more specialised steel products are expected to lead to higher profitability. The estimated target price for NMDC Steel shares is likely to be between Rs 50 and Rs 110 in 2026.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2026 | ₹50 | ₹110 |
| Month | Minimum Price | Maximum Price |
| January | ₹50 | ₹75 |
| February | ₹55 | ₹78 |
| March | ₹60 | ₹81 |
| April | ₹65 | ₹84 |
| May | ₹70 | ₹87 |
| June | ₹75 | ₹90 |
| July | ₹80 | ₹93 |
| August | ₹85 | ₹96 |
| September | ₹90 | ₹99 |
| October | ₹95 | ₹102 |
| November | ₹100 | ₹106 |
| December | ₹105 | ₹110 |
NMDC Steel’s 2030 price target will depend on the company’s efforts in new steel technologies and sustainability measures, as well as the rising global demand for eco-friendly steel products. As the infrastructure and electric vehicle industries flourish, NMDC’s innovative products will drive long-term growth, pushing the share price towards an estimated level of Rs 165-225.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2030 | ₹165 | ₹225 |
| Month | Minimum Price | Maximum Price |
| January | ₹165 | ₹175 |
| February | ₹170 | ₹180 |
| March | ₹175 | ₹185 |
| April | ₹180 | ₹190 |
| May | ₹185 | ₹195 |
| June | ₹190 | ₹200 |
| July | ₹195 | ₹205 |
| August | ₹200 | ₹210 |
| September | ₹205 | ₹215 |
| October | ₹210 | ₹220 |
| November | ₹215 | ₹222 |
| December | ₹220 | ₹225 |
By 2040, NMDC Steel will utilise advanced automation, artificial intelligence (AI) and green technologies in its manufacturing processes to make production more sustainable and streamlined. The company will focus on producing high-performance green steel for applications such as electric vehicles, renewable energy generation plants and infrastructure projects, which could lead to long-term growth in its share price of Rs335-Rs475.
| Year/Month | Minimum Price | Maximum Price |
|---|---|---|
| 2040 | ₹335 | ₹475 |
| Month | Minimum Price | Maximum Price |
| January | ₹335 | ₹355 |
| February | ₹345 | ₹365 |
| March | ₹355 | ₹375 |
| April | ₹365 | ₹385 |
| May | ₹375 | ₹395 |
| June | ₹385 | ₹405 |
| July | ₹395 | ₹415 |
| August | ₹405 | ₹425 |
| September | ₹415 | ₹435 |
| October | ₹425 | ₹445 |
| November | ₹435 | ₹455 |
| December | ₹445 | ₹475 |
By 2050, NMDC Steel will be a leader in AI-driven, automated manufacturing with an eco-friendly range of high-performance steel products. New technologies such as renewable energy integration and steel recycling could support industries such as aerospace and robotics. Ultimately, this transformation could drive NMDC Steel’s share price to Rs 985-1,135 and significantly enhance its global competitiveness and sustainability.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2050 | ₹985 | ₹1135 |
| Month | Minimum Price | Maximum Price |
| January | ₹985 | ₹1005 |
| February | ₹995 | ₹1015 |
| March | ₹1005 | ₹1025 |
| April | ₹1015 | ₹1035 |
| May | ₹1025 | ₹1045 |
| June | ₹1035 | ₹1055 |
| July | ₹1045 | ₹1065 |
| August | ₹1055 | ₹1075 |
| September | ₹1065 | ₹1085 |
| October | ₹1075 | ₹1095 |
| November | ₹1085 | ₹1115 |
| December | ₹1095 | ₹1135 |
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2025 | ₹35 | ₹78 |
| 2026 | ₹50 | ₹110 |
| 2030 | ₹165 | ₹225 |
| 2040 | ₹335 | ₹475 |
| 2050 | ₹985 | ₹1135 |
| Category | Dec 2024 |
|---|---|
| Promoters + | 60.79% |
| FIIs + | 4.58% |
| DIIs + | 16.02% |
| Public + | 18.60% |
| No. of Shareholders | 7,97,191 |
- Promoters remain constant at 60.79% in both September 2024 and December 2024.
- Foreign Institutional Investors (FIIs) have slightly increased from 4.26% in September 2024 to 4.58% in December 2024.
- Domestic institutional investors (DIIs) decreased from 19.99% in September 2024 to 16.02% in December 2024.
- The public shareholding increased slightly from 14.95% in September 2024 to 18.60% in December 2024.
MMTC Share Price Target 2025, 2026, 2030, 2040, 2050
Should I Buy NMDC Steel Stock?
NMDC Steel has poor financials with a negative ROCE (-8.69%), ROE (-9.59%) and a net loss of Rs2,572 Cr with a market capitalization of Rs11,945 Cr. The high debt and negative earnings can make an investment risky.
NMDC Steel Ltd Earning Results(Financials)
| Financial Metric | Sep 2024 | Mar 2024 | Sep 2023 | Mar 2023 |
|---|---|---|---|---|
| Sales (₹ Crores) | ₹1,522 | ₹3,049 | ₹277 | ₹6,317 |
| Operating Profit (₹ Crores) | -₹441 | -₹1,436 | -₹72 | -₹2,206 |
| Net Profit (₹ Crores) | -₹595 | -₹1,560 | -₹131 | -₹2,572 |
| Debt (₹ Crores) | ₹6,513 | ₹6,513 | ₹3,842 | ₹6,662 |
| Cash Flow (₹ Crores) | -₹614 | -₹614 | ₹1,516 | ₹620 |
| Total Liabilities (₹ Crores) | ₹29,016 | ₹29,016 | ₹25,568 | ₹29,368 |
| Total Assets (₹ Crores) | ₹29,016 | ₹29,016 | ₹25,568 | ₹29,368 |
| ROCE | -9% | -9% | -26% | -8.69% |
NMDC Steel’s financial figures point to major hurdles, with negative profits and rising debt. In September 2024, revenues stood at 1,522 crore rupees, but operating losses exceeded this figure; total liabilities remain at 29,016 crore rupees; cash flow is negative. Profitability and financial recovery remain the key priorities.
Expert Forecasts on the Future of NMDC Steel Ltd
Experts agree that NMDC Steel Ltd. has the potential for recovery but still faces challenges. With high debt and negative returns (ROCE -9.09% and ROE -9.59%) and a Piotroski score of 1.00 indicating financial weakness, but the manageable debt-to-equity ratio of 0.45 could drive growth, investors should focus on profitability and debt reduction for better future prospects.
Is NMDC Steel Stock Good to Buy? (Bull case & Bear case)
Bullish Case:
- Increasing steel production capacity could drive future growth.
- The debt-to-equity ratio is manageable at 0.45.
- The company is expanding its steelworks, thereby increasing future sales.
- Recovery potential if debt reduction and profitability improve.
Bearish Case:
- A low Piotroski score (1.00) indicates weak financial health.
- High debt and negative returns (ROCE -9%, ROE -9.59%).
- Current financials show losses and profitability challenges.
- Limited short-term upside potential due to financial weaknesses.
Conclusion
NMDC Steel Ltd. offers great potential in India’s emerging steel industry thanks to its advanced facilities and proximity to iron ore mines. Although NMDC is currently struggling with financial challenges such as high debt and losses, NMDC’s future growth depends on expanding capacity and improving profitability – something investors should keep in mind to maximize returns from this company’s long-term prospects.
FAQs
I specialize in stock price predictions and analysis on Share Price Target, offering accurate share price targets for upcoming years. My goal is to provide investors with valuable insights and forecasts to help them make informed decisions in the share market.
