NMDC Steel Share Price in Focus After Q1 FY27 Earnings Results: Total Income Up 9.4% YoY

On August 14, 2026, NMDC Steel Limited released its un-audited financial results for the quarter ending June 30, 2026, as per the exchange filings.  

The company reported a total income of ₹3,704.73 crore and net profit of ₹50.51 crore for the quarter ending June 30, 2026. 

NMDC Steel Q1 FY27 Earnings Results 

For the June 2026 quarter, NMDC Steel Limited's total income reached ₹3,704.73 crore, marking a 9.4% increase, up from ₹3,385.22 crore in the corresponding quarter of the previous year.  

Despite this year-on-year growth, the total income decreased by 5.1% from ₹3,905.14 crore in the March 2026 quarter. 

The company's net profit for the June 2026 quarter was ₹50.51 crore, reflecting a 97.6% increase from ₹25.56 crore in the same quarter of the previous year.  

However, this is a significant drop of 87.1% from the net profit of ₹391.91 crore reported in the March 2026 quarter. 

Annual Financial Overview for FY26 

For the financial year 2026, NMDC Steel Limited reported a total income of ₹13,727.81 crore. The net profit for the year stood at ₹58.72 crore. These figures provide a comprehensive view of the company's financial performance over the year. 

Operational Expenses 

Total expenses for the quarter reached ₹3,630.78 crore. The single largest cost contributor was the consumption of raw production materials, which required an expenditure of ₹2,509.37 crore. 

Other notable financial outlays included employee benefits at ₹31.23 crore and finance costs at ₹126.38 crore. Depreciation and amortization expenses accounted for another ₹242.12 crore. 

Debt Management 

The steel firm has drawn a long-term rupee term loan of ₹4,475.81 crore from State Bank of India. The latest applicable interest rate stands at 8.40% effective early January 2026. 

The outstanding term loan balance is ₹3,177.27 crore after making repayments. The company has registered no defaults on loan balances or interest payments. 

Capital Limits 

The manufacturer holds a sanctioned working capital limit of ₹4,100 crore. This consists of a ₹2,600 crore fund-based limit and a ₹1,500 crore non-fund-based limit. 

Total limit utilization stands at ₹1,870.73 crore for fund-based allocations. Non-fund-based utilization reached ₹1,005.64 crore by the end of June. 

Tax Disputes 

Tax authorities previously issued ten show cause notices alleging inadmissible input tax credit. The total disputed financial amount across these legal notifications was valued at ₹111.19 crore. 

The firm accepted and paid ₹8.45 crore while ₹45.90 crore was dropped. A balance of ₹56.40 crore remains pending before the High Court. 

Strategic Disinvestment 

The Cabinet Committee on Economic Affairs gave in-principle approval for strategic disinvestment. The Government of India plans to divest its 50.79% shareholding to a strategic buyer. 

An additional 10% corporate stake will be offered to NMDC Limited. This transaction will occur after identifying the successful strategic bidder. 

Read More: Galaxy Surfactants Share Price Hits 20% Upper Circuit After Q1 FY27 Earnings Results: Total Income Up 101.8% YoY! 

NMDC Steel Share Price Performance 

As of August 15, 2026, at 12:10 PM, NMDC Steel share price on NSE was trading at ₹44.50, down by 1.74% from the previous closing price. 

Conclusion 

NMDC Steel Limited's financial results for June 2026 show a 9.4% YoY increase in total income to ₹3,704.73 crore and a 97.6% YoY rise in net profit to ₹50.51 crore. However, both metrics declined QoQ. 

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