Integrated Filing — IndAS



General information about company

Scrip Code 526371
NSE Symbol NMDC
MSEI Symbol NOTLISTED
ISIN INE584A01023
Name of company NMDC Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 27-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 19-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 27-May-2025   13:20:00
End date and time of board meeting 27-May-2025   17:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2023-02-14
Indicate Company website link for updated RPT policy of the Company https://www.nmdc.co.in/cms-admin/Upload/Policies-Document/b85c4cc092944514a3139cd160f0b71f_20230723171817958.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There is no default on loans and debt securities.



Financial Results Ind-AS

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 69531300000 236683200000
Other income 4907800000 15902400000
Total income 74439100000 252585600000
2 Expenses
(a) Cost of materials consumed 13300000 124200000
(b) Purchases of stock-in-trade 832900000 1970900000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -170300000 819700000
(d) Employee benefit expense 5443900000 17814400000
(e) Finance costs 649000000 1776500000
(f) Depreciation, depletion and amortisation expense 1228200000 3727800000
(f) Other Expenses
1 Consumption of stores & spares 2120800000 5965900000
2 Royalty and other levies 29002200000 97053500000
3 Selling exps incl. freight 1191500000 3672700000
4 Other expenses 10619000000 26683300000
Total other expenses 42933500000 133375400000
Total expenses 50930500000 159608900000
3 Total profit before exceptional items and tax 23508600000 92976700000
4 Exceptional items 0 0
5 Total profit before tax 23508600000 92976700000
6 Tax expense
7 Current tax 8347400000 26345000000
8 Deferred tax 197700000 -303600000
9 Total tax expenses 8545100000 26041400000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 14963500000 66935300000
12 Profit (loss) from discontinued operations before tax -2500000 -12400000
13 Tax expense of discontinued operations -600000 -3100000
14 Net profit (loss) from discontinued operation after tax -1900000 -9300000
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 14961600000 66926000000
17 Other comprehensive income net of taxes -219200000 -561800000
18 Total Comprehensive Income for the period 14742400000 66364200000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 8791800000 8791800000
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 287000000000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.7 7.61
Diluted earnings (loss) per share from continuing operations 1.7 7.61
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 1.7 7.61
Diluted earnings (loss) per share from continuing and discontinued operations 1.7 7.61
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 26139100000
Capital work-in-progress 47374800000
Investment property 0
Goodwill 0
Other intangible assets 21882400000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method
Non-current financial assets
Non-current investments 11153400000
Trade receivables, non-current 0
Loans, non-current 7696400000
Other non-current financial assets 22688900000
Total non-current financial assets 41538700000
Deferred tax assets (net) 2962500000
Other non-current assets 35477700000
Total non-current assets 175375200000
2 Current assets
Inventories 26268900000
Current financial asset
Current investments 0
Trade receivables, current 77341900000
Cash and cash equivalents 765900000
Bank balance other than cash and cash equivalents 99541600000
Loans, current 516800000
Other current financial assets 2906000000
Total current financial assets 181072200000
Current tax assets (net) 6823700000
Other current assets 18727900000
Total current assets 232892700000
3 Non-current assets classified as held for sale 9400000
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 408277300000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 8791800000
Other equity 287000000000
Total equity attributable to owners of parent 295791800000
Non controlling interest
Total equity 295791800000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 1522500000
Total non-current financial liabilities 1522500000
Provisions, non-current 14538100000
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 16060600000
Current liabilities
Current financial liabilities
Borrowings, current 37704500000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 349400000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 2635500000
Total Trade payable 2984900000
Other current financial liabilities 21669600000
Total current financial liabilities 62359000000
Other current liabilities 27724000000
Provisions, current 3826100000
Current tax liabilities (Net) 2515800000
Deferred government grants, Current 0
Total current liabilities 96424900000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 112485500000
Total equity and liabilites 408277300000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Iron Ore 63504900000 229063200000
2 Pellet ,Other Minerals, Products & Services(#) 6106100000 8649200000
Total Segment Revenue 69611000000 237712400000
Less: Inter segment revenue 79700000 79700000
Revenue from operations 69531300000 236683200000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Iron Ore 24579600000 91085300000
2 Pellet ,Other Minerals, Products & Services(#) -100000000 -1426900000
Total Profit before tax 24479600000 89658400000
i. Finance cost 649000000 649000000
ii. Other Unallocable Expenditure net off Unallocable income 324500000 324500000
Profit before tax 23506100000 92964300000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Iron Ore 208901400000 208901400000
2 Pellet ,Other Minerals, Products & Services(#) 7367200000 7367200000
Total Segment Asset 216268600000 216268600000
Un-allocable Assets 192008700000 192008700000
Net Segment Asset 408277300000 408277300000
4 Segment Liabilities
Segment Liabilities
1 Iron Ore 59826000000 59826000000
2 Pellet ,Other Minerals, Products & Services(#) 1552200000 1552200000
Total Segment Liabilities 61378200000 61378200000
Un-allocable Liabilities 51107300000 51107300000
Net Segment Liabilities 112485500000 112485500000
Disclosure of notes on segments



Other Comprehensive Income

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 219200000 561800000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income -219200000 -561800000



Cash flow statement, indirect

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 92976700000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 1776500000
Adjustments for decrease (increase) in inventories 1120300000
Adjustments for decrease (increase) in trade receivables, current -42901900000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -1443000000
Adjustments for decrease (increase) in other non-current assets -5529300000
Adjustments for other financial assets, non-current 2742700000
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -740300000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -2517800000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 3727800000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 94300000
Adjustments for provisions, non-current -334300000
Adjustments for other financial liabilities, current 2541800000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow -11753800000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 692400000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -52524600000
Net cash flows from (used in) operations 40452100000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 24678500000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 15773600000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 1237100000
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 27946700000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 11889500000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 24342900000
Net cash flows from (used in) investing activities 7048600000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares -13100000
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 4139100000
Repayments of borrowings 0
Payments of lease liabilities -1900000
Dividends paid 24598000000
Interest paid 1773400000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -22243500000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 578700000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 578700000
Cash and cash equivalents cash flow statement at beginning of period 187200000
Cash and cash equivalents cash flow statement at end of period 765900000





Details of Impact of Audit Qualification

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 VARMA AND VARMA Yes 31-Jul-2025


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 NMDC Limited J & K Mineral Development Corporation Ltd Subsidiary Advance Not Applicable 13700000 258200000 271900000
2 NMDC Limited Legacy Iron Ore Ltd Subsidiary Investment Not Applicable 1237100000 0 0
3 NMDC Limited Karnataka Vijaynagar Steel Ltd Wholly owned Subsidiary Advance Not Applicable 2300000 6426900000 6429200000
4 NMDC Limited NMDC CSR Foundation Wholly owned Subsidiary Investment Not Applicable 0 0 0
5 NMDC Limited Kopano NMDC Minerals (PTY) Limited Joint Venture Company Investment Not Applicable 0 0 0
6 NMDC Limited Baster Railway Private Limited Joint Venture Company Investment Not Applicable 0 0 0
7 NMDC Limited NMDC-CMDC Limited Joint Venture Company Investment Not Applicable 0 0 0
8 NMDC Limited Jharkhand National Mineral Development Corporation Ltd Joint Venture Company Advance Not Applicable 100000 1000000 1100000
9 NMDC Limited Romelt-Sail (India) Ltd Associate Company Investment Not Applicable 0 0 0
10 NMDC Limited International Coal Venture Private Ltd Associate Company Sale of goods or services Not Applicable 12300000 6700000 19000000
11 NMDC Limited Krishnapatnam Railway Company Limited Associate Company Investment Not Applicable 0 0 0
12 NMDC Limited Chhattisgarh Mega Steel Ltd Associate Company Investment Not Applicable 0 0 0
13 NMDC Limited NMDC STEEL LTD Entities under Common Control Advance Not Applicable 13791200000 25887200000 22894600000
14 NMDC Limited NMDC STEEL LTD Entities under Common Control Sale of goods or services Not Applicable 28785700000 13956100000 36551400000
15 NMDC Limited NMDC STEEL LTD Entities under Common Control Purchase of goods or services Not Applicable 2450100000 95200000 0
16 NMDC Limited AMITAVA MUKHERJEE Key Management Personnel Any other transaction Remuneration Not Applicable 7100000 0 0
17 NMDC Limited V SURESH Key Management Personnel Any other transaction Remuneration Not Applicable 5700000 0 0
18 NMDC Limited VINAY KUMAR Key Management Personnel Any other transaction Remuneration Not Applicable 6900000 0 0
19 NMDC Limited JOYDEEP DASGUPTA Key Management Personnel Any other transaction Remuneration Not Applicable 2200000 0 0
20 NMDC Limited GADDAM PRIYADARSHINI Key Management Personnel Any other transaction Remuneration Not Applicable 400000 0 0
21 NMDC Limited PRAVIN SHEKHAR Key Management Personnel Any other transaction Remuneration Not Applicable 2200000 0 0
22 NMDC Limited DILIP KUMAR MOHANTY Key Management Personnel Any other transaction Remuneration Not Applicable 3100000 0 0
23 NMDC Limited A S PARDHA SARADHI Key Management Personnel Any other transaction Remuneration Not Applicable 3400000 0 0
Total value of transaction during the reporting period 46323500000