NMDC Limited (NSE:NMDC)
India flag India · Delayed Price · Currency is INR
81.88
+1.68 (2.09%)
Sep 23, 2026, 3:15 PM IST

NMDC Limited Stock Forecast

Stock Price Forecast

According to 23 analysts polled by S&P Global, NMDC Limited stock has a consensus rating of "Hold" and an average price target of ₹89.57. The average 1-year stock price forecast is 9.39% higher than the current stock price, while the lowest is ₹67.00 (-18.17%) and the highest is ₹112.00 (+36.79%).

Price Target: ₹89.57 (+9.39%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price₹67.00₹89.57₹87.00₹112.00
Change-18.17%+9.39%+6.25%+36.79%
* Price targets were last updated on Aug 14, 2026.

Analyst Ratings

The average analyst rating for NMDC Limited stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy333366
Buy334322
Hold334544
Sell443344
Strong Sell556666
Total181820202222

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Motilal Oswal
Motilal Oswal
Buy
Maintains
₹98.00
BuyMaintains₹98.00+19.69%Aug 14, 2026
J.P. Morgan
J.P. Morgan
Sell
Maintains
₹75.00
SellMaintains₹75.00-8.40%Jun 9, 2026
Goldman Sachs
Goldman Sachs
Sell
Initiates
₹84.00
SellInitiates₹84.00+2.59%Apr 26, 2026

Financial Forecast

Revenue This Year
309.11B
from 320.71B
Decreased by -3.62%
Revenue Next Year
338.41B
from 309.11B
Increased by 9.48%
EPS This Year
9.47
from 8.47
Increased by 11.80%
EPS Next Year
10.34
from 9.47
Increased by 9.16%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
259.65B176.67B213.08B239.06B320.71B309.11B
Revenue Growth
68.93%-31.96%20.61%12.19%34.16%-3.62%
Operating Income
123.54B57.17B69.35B80.17B91.38B100.43B
Net Income
94.29B56.01B55.75B65.42B74.50B83.72B
EPS
----8.479.47
EPS Growth
----11.30%11.80%
Forward PE
-----8.65
Dividend / Share
4.912.207.253.303.503.66
Dividend Growth
89.95%-55.22%229.55%-54.48%6.06%4.49%
Free Cash Flow
----18.09B40.76B
No. Analysts
-----9
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High329.9B
Avg309.1B
Low284.9B

Revenue Growth

Revenue Growth202720282029
High
2.9%
Avg
-3.6%
Low
-11.2%

EPS Forecast

EPS202720282029
High10.40
Avg9.47
Low8.30

EPS Growth

EPS Growth202720282029
High
22.8%
Avg
11.8%
Low
-2.0%