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NMDC Steel Limited (NSLNISP) Fair Value & Analysis

Basic Materials · IN · Market cap ₹130B

NS NMDC Steel Limited NSLNISP · NSE
Price₹44.46
Fair Value₹9.50
Upside-78.6%
Quality64/100
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Evidence: High Range ₹6.04 – ₹13.12

Fair value as of: Jul 3, 2026

From 24 valuation models · updated today

Share price −15.2% over the past month.

Price vs Fair Value (12 months)

₹52.55 ₹33.20 Fair Value ₹9.50 Jul 2025 Jul 2026

12‑month range ₹33.20 – ₹52.55 · fair‑value band ₹6.04 – ₹13.12 · the ₹44.46 price screens above the ₹9.50 fair value. As of Jul 3, 2026.

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Analysis

NMDC Steel Limited (NSLNISP) currently trades at ₹44.46, while our model-based Fair Value estimate is ₹9.50 — implying the stock looks roughly 78.6% overvalued today. We read business quality at 64/100 (solid quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, NMDC Steel Limited generated revenue of ₹136B at a net margin of 0.4%. Revenue grew 36.7% year over year. It earns a return on equity of 0.5%. Net debt stands at ₹38.1B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹136B
Revenue growth (YoY) +36.7%
Net margin 0.4%
Return on equity 0.5%
Free cash flow ₹11.1B FY2026
P/E ratio 222.7
More key figures
Operating margin 14.3%
EPS (TTM) ₹0.2000
Net debt ₹38.1B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

NMDC Steel Limited manufactures and sells steel products in India. It offers hot rolled coils, sheets, and plates of welded steel pipe for pipeline transportation systems; structural and silicon steel; pig iron; and LPG grades of LPG cylinders manufacturing. The company also provides tube and pipe grade, boiler and pressure vessel grade, commercial forming grades, cold rolling grade, and HSLA Grade. It serves infrastructure and construction; automotive and mobility; energy, oil, and gas; and engineering and fabrication industries. NMDC Steel Limited was incorporated in 2015 and is based in Hyderabad, India.

Revenue & earnings trend

FY2021 – FY2026 · reported fiscal years

NMDC Steel Limited reported revenue of ₹136B in FY2026 versus ₹0 in FY2021. Reported net income was ₹587M in FY2026.

Revenue
FY21 ₹0
FY23 ₹0
FY24 ₹30.5B
FY25 ₹85.0B
FY26 ₹136B
Net income
FY21 −₹72.3K
FY23 ₹0
FY24 −₹15.6B
FY25 −₹23.7B
FY26 ₹587M

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Similar stocks

6 more Steel stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
Tata Steel Limited TTST $22.20 $11.06 -50%
Nucor Corporation NUE $250.49 $79.02 -68%
ArcelorMittal S.A ARMT34 R$172.80 R$119.18 -31%
JSW Steel Limited JSWSTEEL ₹1,270 ₹1,007 -21%
Baoshan Iron & Steel Co 600019 ¥5.75 ¥8.07 +40%
POSCO Holdings 005490 363,000 KRW 143,097 KRW -61%

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Frequently asked questions

Is NMDC Steel Limited (NSLNISP) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹9.50 versus a price of ₹44.46 — about −79% (overvalued). Model-based estimate, not financial advice.
What is the fair value of NSLNISP?
Our model-based fair value for NMDC Steel Limited is ₹9.50 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹44.46.
What is the quality score of NSLNISP?
NMDC Steel Limited has a Quality Score of 64/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of NMDC Steel Limited (NSLNISP)?
NMDC Steel Limited reported trailing-twelve-month revenue of about ₹136B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of NSLNISP?
The net profit margin of NMDC Steel Limited is about 0.4%, meaning it keeps roughly 0.4% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.