NMDC posts record FY26 iron ore output of 53.16 MT; PAT rises 11%

2 min read     Updated on 31 May 2026, 07:16 AM
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Anirudha BScanX News Team
AI Summary

NMDC Limited reported a consolidated net profit of ₹7,421 crore for FY26, an 11% increase from the previous year, driven by record iron ore production of 53.16 MnT. Revenue from operations rose to ₹32,071 crore, while Q4 standalone profit increased 35% to ₹2,020 crore.

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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.

Historical Stock Returns for NMDC

1 Day5 Days1 Month6 Months1 Year5 Years
+0.60%-3.48%-5.26%+4.94%+23.80%+104.43%

How will NMDC manage the margin pressure from declining domestic iron ore realisations in the coming fiscal year?

What are the company's capital expenditure plans to sustain or further increase production capacity following the FY26 record?

How might global iron ore price volatility impact NMDC's revenue and profitability in FY27?

NMDC board to consider FY26 audited results on May 29

1 min read     Updated on 25 May 2026, 06:30 PM
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AI Summary

NMDC Limited will hold a board meeting on May 29, 2026, to consider the audited financial results for the quarter and year ended March 31, 2026, and to recommend a final dividend for FY 2025-26. The trading window for insiders is closed from April 1 to May 31, 2026.

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NMDC Limited has announced that its Board of Directors will meet on Friday, May 29, 2026. The primary agenda of the meeting is to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. These results will cover both standalone and consolidated figures for the company.

In addition to the financial results, the board will deliberate on the recommendation of a final dividend for the fiscal year 2025-26, subject to the board's approval. The meeting is being convened in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Closure

Pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct, the trading window for dealing in the company's securities has been closed. This restriction applies to all insiders, including designated persons and their immediate relatives.

The trading window closed effective April 1, 2026, and will remain shut until May 31, 2026. This period extends 48 hours after the declaration of the audited financial results to ensure compliance with regulatory standards regarding insider trading.

Meeting Details

Key Detail Information
Meeting Date May 29, 2026
Financial Period Quarter & Year ended March 31, 2026
Agenda Audited Financial Results, Final Dividend
Trading Window Closure April 1, 2026 to May 31, 2026

Historical Stock Returns for NMDC

1 Day5 Days1 Month6 Months1 Year5 Years
+0.60%-3.48%-5.26%+4.94%+23.80%+104.43%

How might NMDC's FY2026 iron ore production volumes and realization prices compare to the previous fiscal year, given the volatility in global steel demand?

What factors could influence the size of NMDC's final dividend for FY2025-26, and how does it compare to the company's historical dividend payout ratios?

How could potential changes in India's steel sector growth trajectory and government infrastructure spending impact NMDC's revenue outlook for FY2027?

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