NMDC (BOM:526371) Dividend Payout Ratio: 1.08 (As of Mar. 2026) — 151% Above Median

NMDC BOM:526371 -0.78% 88 Dividend Payout Ratio is 1.08 as of Mar. 2026, which is 151% above its 10-year median of 0.43. GuruFocus rates BOM:526371 with a GF Score™ of 88/100 and a GF Value™ of ₹95.82 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 271 Steel companies, NMDC ranks worse than 53.14% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. NMDC's Dividend Payout Ratio for the months ended in Mar. 2026 was 1.08.

The historical rank and industry rank for NMDC's Dividend Payout Ratio or its related term are showing as below:

BOM:526371' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.23 Med: 0.43 Max: 0.59
Current: 0.41

During the past 13 years, the highest Dividend Payout Ratio of NMDC was 0.59. The lowest was 0.23. And the median was 0.43.

BOM:526371's Dividend Payout Ratio is ranked worse than
53.14% of 271 companies
in the Steel industry
Industry Median: 0.39 vs BOM:526371: 0.41

As of today (2026-07-08), the Dividend Yield % of NMDC is 4.15%.

During the past 13 years, the highest Trailing Annual Dividend Yield of NMDC was 19.19%. The lowest was 2.51%. And the median was 5.44%.

NMDC's Dividends per Share for the months ended in Mar. 2026 was ₹2.50.

During the past 12 months, NMDC's average Dividends Per Share Growth Rate was 25.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 40.90% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.90% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 3.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of NMDC was 79.80% per year. The lowest was -30.80% per year. And the median was 15.15% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

NMDC (BOM:526371) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

NMDC Dividend Payout Ratio Related Terms

NMDC Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for NMDC's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NMDC Dividend Payout Ratio Chart

NMDC Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

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0.46

0.23

0.44

0.38

0.41

NMDC Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															1.37	0.00	0.52	0.00	1.08

BOM:526371 vs NUE, STLD, RS: Dividend Payout Ratio Comparison

For the Steel subindustry, NMDC's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NMDC Dividend Payout Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, NMDC's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where NMDC's Dividend Payout Ratio falls into.

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88GF Score

NMDC Ltd BOM:526371

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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NMDC Dividend Payout Ratio Calculation

NMDC's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2026 )	/	EPS without NRI (A: Mar. 2026 )
	=	3.5	/	8.471
	=	0.41

NMDC's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	2.5	/	2.31
	=	1.08

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 1.08 mean?

NMDC (BOM:526371) has a Dividend Payout Ratio of 1.08 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on NMDC and its competitors. This is 151% above median its historical median of 0.43. Over the past decade, NMDC's Dividend Payout Ratio has ranged from 0.23 to 0.59. According to the industry distribution chart, NMDC ranks #144 out of 271 companies in the Steel industry, placing it in the top 53.1%.

Is NMDC's Dividend Payout Ratio too high?

NMDC's current Dividend Payout Ratio of 1.08 is 151% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.59. The Steel industry median Dividend Payout Ratio is 0.39. NMDC's value of 1.08 is 176.9% above this industry median. Based on the distribution chart, NMDC ranks #144 out of 271 companies in the Steel industry, which is below the industry midpoint. Overall, NMDC has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does NMDC's Dividend Payout Ratio compare to NUE and STLD?

According to the Steel industry distribution chart, NMDC ranks #144 out of 271 companies for Dividend Payout Ratio. This places NMDC in the lower half of its industry. The industry median Dividend Payout Ratio is 0.39. NMDC's value of 1.08 is 176.9% above this benchmark. Historically, NMDC's own Dividend Payout Ratio has ranged from 0.23 to 0.59 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.39, NMDC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for a Steel company?

The median Dividend Payout Ratio among Steel companies is 0.39, based on 271 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NMDC's current Dividend Payout Ratio of 1.08 is 176.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on NMDC and its competitors. For the Steel industry, the median Dividend Payout Ratio is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NMDC's current Dividend Payout Ratio is 1.08, which is 151% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is NMDC stock overvalued right now?

Based on GuruFocus' analysis, NMDC (BOM:526371) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹95.82, compared to a current price of ₹84.33 — trading 12% below its estimated fair value. The current Dividend Payout Ratio is 1.08, which is 151% above median its 10-year median of 0.43 and 176.9% above the Steel industry median of 0.39. NMDC's overall GF Score™ is 88/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For NMDC (BOM:526371), the current Dividend Payout Ratio is 1.08 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NMDC (BOM:526371) Overvalued in 2026?

Based on GuruFocus' analysis, NMDC stock appears to be undervalued. The current stock price of ₹84.33 is trading 12% below its estimated GF Value™ of ₹95.82. GuruFocus considers NMDC to be Modestly Undervalued.

Key valuation signals for BOM:526371:

Dividend Payout Ratio: 1.08 (151% above median its 10-year median of 0.43)
GF Value™: ₹95.82 vs. price of ₹84.33 (12% below fair value)
GF Score™: 88/100 with 4 warning signs
Industry Position: 176.9% above the Steel median (#144 of 271)

No single metric tells the full story. See the BOM:526371 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NMDC Business Description

Industry Basic Materials Steel

Comparable Companies BOM:500113 BOM:532508 BOM:512455 BOM:533758 BOM:532286 BOM:532144 BOM:543299 NSE:KIOCL BOM:520111 BOM:504614 NUE XAMS:MT STLD BOM:500228 NSE:TATASTEEL RS TSE:5401 SHSE:600019 XKRX:005490 SHSE:600010

Other Exchanges NMDC:India

Address Castle Hills, Office No. 10-3-311/A, Khanij Bhavan, Masab Tank, Hyderabad, TG, IND, 500028

Website https://www.nmdc.co.in

NMDC Ltd is engaged in the mining of a wide range of minerals, including iron ore, copper, sponge iron, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, and beach sands. The company also owns a windmill project in Karnataka. Its business segments include Iron ore, and All others (Pellets, Other Minerals & Services). The iron ore segment accounts for a majority of its revenue. Geographically, the company generates the majority of its revenue from the Indian domestic market.

88GF Score

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Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹84.33

Price

₹95.82

GF Value

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