NMDC December production jumps 14.7% to 5.4 MT, sales touch 4.64 MT

State-run miner NMDC has reported strong operational performance for December 2025, with iron ore production rising 14.70% year-on-year to 5.40 million tonnes compared to 4.71 million tonnes in December 2024. The company's sales performance was equally impressive, increasing 18.67% to 4.64 million tonnes from 3.91 million tonnes in the corresponding period last year.

December 2025 Monthly Performance

The mining company's December performance demonstrates robust operational momentum across both major production regions, with significant growth in both production and sales metrics.

| Metric | December 2025 | December 2024 | Growth || | ---: | :--- | :--- | :--- | | Total Production | 5.40 MT | 4.71 MT | +14.70% | | Total Sales | 4.64 MT | 3.91 MT | +18.67% |

Regional Performance Breakdown

Chhattisgarh operations remained the primary contributor to NMDC's overall performance, accounting for 3.88 million tonnes of production and 3.21 million tonnes of sales in December. Karnataka operations contributed 1.52 million tonnes in production and 1.43 million tonnes in sales during the month.

Region	Production (MT)	Sales (MT)	Previous Year Production	Previous Year Sales
Chhattisgarh	3.88	3.21	3.34	2.73
Karnataka	1.52	1.43	1.37	1.18

Cumulative Performance

For the first nine months of the financial year, NMDC's production stood at 36.89 million tonnes, representing a substantial increase from 30.77 million tonnes in the corresponding period last year. Sales during this period increased to 34.92 million tonnes from 31.80 million tonnes, reflecting strong market demand and effective operational execution.

Parameter	Current Period	Previous Year	Growth Rate
Total Production	36.89 MT	30.77 MT	+19.89%
Total Sales	34.92 MT	31.80 MT	+9.81%
Chhattisgarh Production	25.31 MT	20.47 MT	+23.64%
Chhattisgarh Sales	23.98 MT	22.43 MT	+6.91%
Karnataka Production	11.58 MT	10.30 MT	+12.43%
Karnataka Sales	10.94 MT	9.37 MT	+16.76%

Stock Performance

Shares of NMDC closed at ₹84.00 apiece, approximately 1% higher than the day's opening price, reflecting positive market sentiment following the strong operational performance data. The consistent operational results and transparent reporting under SEBI regulations continue to provide stakeholders with regular updates on the company's business performance across its mining operations.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-5.30%	-1.90%	+6.71%	+19.48%	+23.68%	+171.15%

NMDC shares surged to a new 52-week high of ₹83.10 on Friday, December 26, 2025, marking a significant milestone for the state-owned mining company. The stock's impressive performance comes amid the announcement of a strategic research partnership with the prestigious Colorado School of Mines, a leading US-based institution in mining education and research.

Strategic Research Partnership Details

The company executed a comprehensive memorandum of understanding with Colorado School of Mines to establish a robust framework for collaborative research initiatives. The partnership encompasses several key areas of focus:

Research Area	Focus
Mining Technology	Advanced mining techniques and processes
Mineral Processing	Enhanced processing methodologies
Metallurgy	Innovative metallurgical applications
AI & Machine Learning	Technology integration in mining operations

According to the exchange filing, the agreement includes detailed provisions covering research implementation mechanisms, intellectual property sharing arrangements, project duration, arbitration procedures, termination clauses, and confidentiality requirements.

Stock Performance Analysis

NMDC's stock performance has been particularly robust, with the shares rising as much as 2.03% to ₹83.08 on Friday. This performance stands in stark contrast to the broader market, with the NSE Nifty 50 Index declining 0.31% on the same day.

Performance Metric	Value
52-Week High	₹83.10
52-Week Low	₹59.53
12-Month Returns	+16.28%
Year-to-Date Returns	+26.12%
Relative Strength Index	62.15

The stock has maintained its position above key moving averages, from the short-term five-day to the long-term 200-day indicators, reflecting sustained upward momentum and investor confidence.

Analyst Outlook and Valuation

The investment community remains divided on NMDC's prospects, with analyst recommendations showing mixed sentiment. Among 23 analysts tracking the company, 13 maintain a 'buy' rating, while three recommend a 'hold' position, and seven suggest 'sell' recommendations according to Bloomberg data.

The average 12-month consensus price target stands at ₹77.74, which implies a potential downside of 6.74% from current levels, suggesting some analysts view the stock as potentially overvalued at current prices.

Company Fundamentals and Market Position

Based in Hyderabad, NMDC operates under the Ministry of Steel and holds a significant position in India's mining sector, contributing approximately 20% of the country's total iron ore production. The company's fundamental metrics demonstrate strong operational performance:

Average Return on Equity: 25.81%
Net Sales Growth Rate: Approximately 20.83% annually

These metrics reflect the company's ability to generate substantial returns for shareholders while maintaining consistent revenue growth, positioning it as a key player in India's mining and steel ecosystem.