NMDC Limited — Q4FY26 Earnings Call Summary

NMDC · Q4FY26 · Filed 03 Jun 2026

Key Takeaways

• Capex guidance INR6,000 Cr for FY27; INR7,000-10,000 Cr annually next 2-3 years
• Foreign acquisitions in critical minerals planned with INR2,000-3,000 Cr capex in FY27
• EBITDA margin expected at 42-43% for FY27; prices to remain range-bound
• FY26 production crossed 53 million tons; PAT grew 11%
• FY27 production target set at 60 million tons; aiming 100 million tons by 2030
• Deposit 4 iron ore mine commercial mining from July FY27; ramp to 7 million tons peak
• NSL receivables expected to be recovered in 16-18 months; RINL payments ongoing with 45-day lag
• Rail doubling to complete by Dec 2026; logistics capacity to increase to 40-60 million tons
• Coal mining commenced in Jharkhand; Tokisud coal mine production to start Q2FY27
• Vizag blending yard planned with INR3,000 Cr investment for branded iron ore

📄 Source: View original transcript (PDF)

Summary generated by AI from the official transcript filed on BSE/NSE. Not investment advice.