NMDC Limited
NSE Symbol NMDC
NMDC
LIMITED has declared Good Results for the
third quarter ending Dec, 2011.
Net
Sales in Q3 FY 12 stands at Rs.2821.95 cr –
down by -7.85% from Q2 FY 12; up by 1.41%
from Q1 FY 12; and up by 7.66% from Q3 FY 11.
Raw
Materials, in Q3 FY
12 stands at Rs.65.19 Cr – up by 11.51% from Q2 FY 12; up by 41.63% from Q1 FY
12; and up by 13.43% from Q3 FY 11.
Other
Expenditure, in Q3
FY 12 stands at Rs.396.03 Cr – up by 4.99% from Q2 FY 12; up by 11.95% from Q1
FY 12; and down by -16.33% from Q3 FY
11.
Total
Expenditure, in Q3
FY 12 stands at Rs.595.70 Cr - down by -9.65%
from Q2 FY 12; up by 6.04% from Q1 FY 12; and down by -6.15% from Q3 FY 11.
Profit
from Operations, in
Q3 FY 12 stands at Rs. 2226.25 Cr –
down by -7.35% from Q2 FY 12; up by 0.24 % from Q1 FY 12; up by 12.07% from Q3 FY 11.
Other
Income, in Q3 FY 12
stands at Rs.525.39 Cr – up by 4.46%
from Q2 FY 12; up by 18.91% from Q1 FY 12; and up by 78.27% from Q3 FY 11.
Profit
before tax, in Q3
FY 12 stands at Rs.2751.64 cr – down by -5.31%
from Q2 FY 12; Up by 3.34% from Q1 FY 12; and up by 20.62% from Q3 FY 11.
Tax
expense, in Q3 FY
12 stands at Rs.892.83 cr – down by -5.3%
from Q2 FY 12; up by 3.63% from Q1 FY 12; and up by 16.99% from Q3 FY 11.
Net
Profit, in Q3 FY 12
stands at Rs.1858.81 cr – down by -5.31% from Q2 FY 12; up by 3.2% from Q1 FY 12; and up by 22.45% from Q3 FY 11.
Basic
EPS stands
at Rs.4.69 in Q3 FY 12; Rs.4.95 in Q2 FY 12; Rs.4.54 in Q1 FY 12; Rs.3.83 in Q3
FY 11.
At this rate, the annual
EPS may amount to Rs.18.87 on a Face Value of Rs.1.
The current Market Price is
Rs.185 – while the 52
week high price is Rs.305 and the 52
week low price is Rs.135.60.
The PE Ratio comes
to 9.80.
ANNOUNCEMENTS
BY NMDC
31-01-2012 Nmdc approved payment of 2nd Interim Dividend @ Rs. 1/- per
share of Rs. 1/- each on the paid up Equity Capital of the Company for the year
2011-12. The Interim Dividend would be paid/ dispatched to the eligible members
on and from February 24, 2012.
17-01-2012 NMDC acquires 50% equity stake in Legacy Iron Ore Limited,
Australia
11-01-2012 Nmdc has incorporated a Special Purpose Vehicle (SPV)
company by the name of NMDC Power Ltd. on December 12, 2011 for the purpose of
setting up a Power Plant for captive power supply to the 3 MTPA Integrated
Steel Plant being constructed at Nagarnar . The company is presently a wholly
owned subsidiary of NMDC and by virtue of Section 617 of the Companies Act
,1956; it is also a Government company . Certificate of Commencement of
Business was issued on December 29, 2011
11-01-2012 Nmdc has signed the contract for By Product Plant (BPP)
Package for the upcoming 3 MTPA Integrated Steel Plant at Nagarnar, with the
Consortium lead by M/s Shriram EPC Limited (SEPC) on January 10, 2012. The
total cost of the package is Rs.509.00 crores. The BPP unit is an important
installation in integrated steel making, which processes valuable raw Coke Oven
gas from coke ovens to yield by products like TAR, Naphthalene and Sulphur
besides clean coke oven gas used in the fuel gas network of the Integrated
Steel Plant.
12-11-2011 NMDC and Severstal Sign an Implementation Protocol in Moscow
in the presence of the Hon'ble Minister of Steel
31-10-2011 Nmdc has approved an Interim Dividend of Rs. 1.00 per equity
share of Rs.1/- each on the paid up Equity Capital of the Company for the
financial year 2011-12.
21-10-2011 Nmdc has signed the Share Subscription Agreement with Legacy
Iron Ore Ltd., Australia on October 20, 2011 for holding 50% of the total
shares in the capital of Legacy Iron Ore Ltd., Australia, at a price
aggregating to A$ 18.89 mn subject to approval of Shareholders of Legacy,
Australian Stock Exchange, approval of FIRB and other compliances as applicable
in this regard.
07-09-2011 NMDC SIGNS CONTRACT AGREEMENT FOR THE COKE OVEN COMPLEX
PACKAGE
05-09-2011 NMDC SIGNS CONTRACT
AGREEMENT FOR THE RAW MATERIAL HANDLING SYSTEM PACKAGE
06-06-2011 NMDC has signed a non-binding memorandum of Understanding
(MOU) with Australian Stock Exchange listed Minemakers Limited to establish the
roadmap for its participation in development of the Wonarah phosphate deposit
located in Northern territory Australia. Under the MOU, NMDC and Minemakers
will undertake a joint feasibility study into the agreed aspects of the
development of the Wonarah deposit. Upon successful completion of the
feasibility study, NMDC proposes to acquire 50% equity in the Wonarah project
and participate in the development of the project. This acquisition will enable
NMDC's entry in Australia's largest known undeveloped phosphate deposit and
contribute towards securing supplies of this critical raw material for the
Indian fertilizer industry. The acquisition is subject to the results of the
feasibility study and all statutory and mandatory approvals.
31-05-2011 NMDC SIGNS CONTRACT AGREEMENT FOR THE COUNTRY'S LARGEST
BLAST FURNACE
31-05-2011 KICK OFF MEETING FOR SETTING UP POWER PLANT FOR NMDC STEEL
PLANT
31-05-2011 NMDC'S BEST ANNUAL AND 4TH QUARTER RESULTS EVER
26-05-2011 Nmdc has signed a Memorandum of Understanding (MoU) with
Legacy Iron Ore Limited (Legacy), Australia to acquire 50% of the Company
(Legacy) enabling NMDC's entry in the Australian resource sector. By this
investment, NMDC would expand its geological footprint and position itself for
the acquisition of additional mineral assets in iron ore and coal in Australia.
The above is subject to due diligences and necessary approvals.
RESULTS
TABLE
|
NMDC
|
31-Dec-11
|
30-Sep-11
|
%DIF1
|
30-Jun-11
|
%DIF2
|
31-Dec-10
|
%DIF3
|
|
Net Sales
|
282195
|
306232
|
-7.85
|
278261
|
1.41
|
262122
|
7.66
|
|
Increase in SIT /WIP
|
-3889
|
5686
|
-168.4
|
-107
|
3534.6
|
-3457
|
12.5
|
|
Raw Materials
|
6519
|
5846
|
11.51
|
4603
|
41.63
|
5747
|
13.43
|
|
Employees Cost
|
13891
|
13443
|
3.33
|
12923
|
7.49
|
10909
|
27.34
|
|
Depreciation
|
3446
|
3238
|
6.42
|
3379
|
1.98
|
2939
|
17.25
|
|
Other Expenditure
|
39603
|
37722
|
4.99
|
35377
|
11.95
|
47334
|
-16.33
|
|
Total Expenditure
|
59570
|
65935
|
-9.65
|
56175
|
6.04
|
63472
|
-6.15
|
|
Profit from Operations
|
222625
|
240297
|
-7.35
|
222086
|
0.24
|
198650
|
12.07
|
|
Other Income
|
52539
|
50294
|
4.46
|
44182
|
18.91
|
29472
|
78.27
|
|
Profit before tax
|
275164
|
290591
|
-5.31
|
266268
|
3.34
|
228122
|
20.62
|
|
Tax expense
|
89283
|
94276
|
-5.3
|
86153
|
3.63
|
76319
|
16.99
|
|
Net Profit
|
185881
|
196315
|
-5.31
|
180115
|
3.2
|
151803
|
22.45
|
|
Face Value (In Rs
|
1
|
1
|
0
|
1
|
0
|
1
|
0
|
|
Paid Up Equity
|
39647
|
39647
|
0
|
39647
|
0
|
39647
|
0
|
|
Basic EPS
|
4.69
|
4.95
|
-5.25
|
4.54
|
3.3
|
3.83
|
22.45
|
|
Public Holding (%)
|
10
|
10
|
0
|
10
|
0
|
10
|
0
|
*
* * E
N D *
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