Alerts will be sent to your verified email
Verify EmailNMDC
Balance sheet of NMDC is strong.
It shouldn't have solvency or liquidity issues.
Yes, The net debt of NMDC is increasing.
Latest net debt of NMDC is -₹6,318.1 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹21,370.76 Crs.
The profit is oscillating.
The profit of NMDC is ₹6,539 Crs for TTM, ₹5,575 Crs for Mar 2024 and ₹5,601 Crs for Mar 2023.
The company seems to pay a good stable dividend.
NMDC latest dividend payout ratio is 38.11% and 3yr average dividend payout ratio is 39.49%
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments