NMDC Ltd., incorporated in the year 1958, is a Large Cap company (having a market cap of Rs 24647.89 Crore) operating in Mining sector.
For the quarter ended 30-06-2020, the company reported a Consolidated sales of Rs 1937.50 Crore, down 39.21 % from last quarter Sales of Rs 3187.34 Crore and down 40.64 % from last year same quarter Sales of Rs 3263.74 Crore. The Company reported net profit after tax of Rs 531.35 Crore in latest quarter.
The brokerage expects NMDC to report sales volume of 6.5 MT for Q2FY21, up 12.1% YoY, 3.2% QoQ. Topline is expected to come in at | 2324 crore, up 3.7% YoY, 19.9% QoQ. EBITDA is expected to come in at | 1055 crore, up 39.8% QoQ but flattish YoY. The subsequent EBITDA margin is likely to come in at 45.4% (47.3% in Q2FY20, 39.0% in Q1FY21).
Promoters held 69.7 per cent stake in the company as of June 30, 2020, while FIIs held 5.4 per cent, DIIs 20.4 per cent and public and others 4.6 per cent.