NMDC Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 36680.96 Crore) operating in Mining sector.
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 2229.89 Crore, up 15.09 % from last quarter Sales of Rs 1937.50 Crore and down -.53 % from last year same quarter Sales of Rs 2241.76 Crore. Company reported net profit after tax of Rs 772.53 Crore in latest quarter.
The stock is trading at 3.1x FY22 EV/EBITDA ex of Steel CWIP (valued at 50% BV) and 1x P/B for 16% RoE (23% ex Steel CWIP), which look inexpensive given the strong returns delivered by the mining business.
Promoters held 69.7 per cent stake in the company as of Sept 30, 2020, while FIIs held 4.5 per cent, DIIs 20.4 per cent and public and others 5.5 per cent.