NMDC Steel Ltd.NSLNISP₹43.02 +20.00%

Shares of NMDC Steel Ltd. jumped as much as 19% in intraday trade on Wednesday, a day after the company reported a turnaround in its June quarter (Q1 FY26) results, posting a profit for the first time since listing. The stock hit an intraday high of ₹42.70. 

For the quarter ended June 30, 2025, NMDC Steel reported a net profit of ₹25.56 crore, compared to a net loss of ₹547.25 crore in the same period last year. This marks a significant improvement in the company’s bottom line performance.

Revenue from operations rose 66.36% year-on-year to ₹3,365.22 crore, up from ₹2,022.91 crore in Q1 FY25. The strong growth in revenue was driven by higher prices and improved capacity utilisation.

The company reported EBITDA of ₹408 crore, compared to a loss of ₹401 crore in the year-ago period. 

The company attributed its improved performance to an increase in product prices and a ramp-up in production capacities, which led to higher operating leverage, meaning fixed costs were spread over a greater output, improving profitability.

As of the end of the June quarter, the Government of India-owned NMDC Limited held a 60.79% promoter stake in NMDC Steel. The Life Insurance Corporation of India (LIC) owned a 14% stake, while Foreign Portfolio Investors (FPIs) held over 4%. Retail shareholders, defined as those holding shares worth up to ₹2 lakh each, accounted for a 10.5% stake, spread across 7.69 lakh investors.

Let’s take a look at its Factor Analysis scores:

Note: The stock price mentioned is as of 2:26 pm.

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Registered office – 2, Floor 3, Wing A, Block A, Salarpuria Softzone, Service Road, Green Glen Layout, Bellandur, Bengaluru South, Bengaluru, Karnataka – 560103, INDIA.

CIN: U65990KA2021PTC146954.