NMDC Expects Capital Expenditure of 60 Billion Rupees in FY27

NMDC has announced an expected capital expenditure of 60 billion rupees for FY27, highlighting the company's planned financial commitment toward its operational and infrastructure growth during the fiscal year.

Planned Capital Expenditure for FY27

The company's projected capex outlay for FY27 reflects a significant allocation of financial resources. The following table summarizes the key detail of the announced capital expenditure plan:

Parameter:	Details
Expected Capital Expenditure:	60 billion rupees
Fiscal Year:	FY27

The planned capital expenditure of 60 billion rupees for FY27 represents NMDC's forward investment strategy for the stated fiscal period. Such capex commitments are typically directed toward capacity expansion, infrastructure development, and operational enhancements within the company's core business segments.

Key Highlights

Planned Outlay: Capital expenditure of 60 billion rupees expected in FY27
Fiscal Period: The investment is earmarked specifically for FY27

The announcement of this capital expenditure expectation provides stakeholders with visibility into NMDC's investment plans for FY27, underscoring the company's intent to deploy substantial resources during the period.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.40%	+2.62%	+4.79%	+24.52%	+33.97%	+116.95%

NMDC Limited reported a consolidated net profit of ₹7,421 crore for the financial year ended March 31, 2026, an 11% increase from ₹6,693 crore in the previous year. The company achieved its best-ever annual iron ore production of 53.16 million tonnes (MnT), a 21% rise, while sales volume grew 13% to 50.24 MnT. Consolidated revenue from operations for FY26 stood at ₹32,071 crore, up from ₹23,906 crore in FY25. The audited financial results were published in newspapers on May 30, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Operational Performance in FY26

NMDC's iron ore production reached a record 53.16 MnT in FY26, surpassing the previous best of 45.02 MnT recorded in FY24. Iron ore sales also hit a record 50.24 MnT. However, the average domestic iron ore sales realisation declined to ₹4,921 per tonne from ₹5,135 per tonne in FY25. The following table summarises the key standalone operational and financial metrics for the full year:

Metric	FY26	FY25	Variance	Change (%)
Iron Ore Production (MnT):	53.16	44.07	9.09	+21%
Iron Ore Sales (MnT):	50.24	44.40	5.84	+13%
Revenue from Operations (₹ Cr):	31,554	23,668	7,886	+33%
Profit After Tax (₹ Cr):	7,421	6,693	728	+11%

Q4 FY26 Standalone Performance

In Q4 FY26, NMDC recorded its best-ever quarterly iron ore production of 16.27 MnT, up 22% year-on-year. Iron ore sales for the quarter stood at 15.30 MnT, a 21% increase. Revenue from operations reached a record ₹11,173 crore, a 61% surge from the corresponding quarter of the previous year. Profit After Tax for the quarter rose 35% to ₹2,020 crore. The average domestic iron ore sales realisation for Q4 FY26 was ₹4,759 per tonne.

Metric	Q4 FY26	Q4 FY25	YoY Change (%)
Iron Ore Production (MnT):	16.27	13.31	+22%
Iron Ore Sales (MnT):	15.30	12.67	+21%
Revenue from Operations (₹ Cr):	11,173	6,953	+61%
Profit After Tax (₹ Cr):	2,020	1,496	+35%

Consolidated Financial Results

The company's consolidated net profit for the quarter ended March 31, 2026, was ₹2,017.57 crore, compared to ₹1,483.18 crore in the prior year period. Total expenses for the consolidated entity during the quarter were ₹8,902.64 crore. For the full year, consolidated revenue was ₹32,070.89 crore, with total expenses of ₹23,409.79 crore.