National Minaral Development Corporation

NMDC Limited, formerly National Mineral Development Corporation, is an Indian public sector undertaking involved in the exploration of iron ore, copper, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, coal etc. It is India's largest iron ore producer and exporter, producing more than 35 million tonnes of iron ore from three mechanized mines in Chhattisgarh and Karnataka. It also operates the only mechanized diamond mine in the country at Panna in Madhya Pradesh.

 Analysis of value-based metrics for NMDC

NMDC's value-based metrics have been consistently strong in recent years. In the financial year 2022-23, NMDC reported an EVA of ₹1,964 crore, an ROA of 15.2%, an ROE of 22.4%, and an MVA of ₹20,650 crore. These metrics are all above industry averages, which suggests that NMDC is creating significant value for its shareholders.

NMDC's cost per tonne of ore mined has also been declining in recent years, while its average selling price per tonne of ore has been increasing. This has resulted in a significant improvement in NMDC's profit margins.NMDC's production volume has also been increasing in recent years, which has helped to drive revenue growth. NMDC's market share in the Indian iron ore market is over 20%, making it the largest iron ore producer in the country.

Overall, NMDC's value-based metrics suggest that the company is well-managed and is creating significant value for its shareholders.