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NMDC Limited
4.3
based on 376 Reviews
Video summary
Company Overview
Company Locations
Working at NMDC Limited
Company Summary
NMDC Limited is a leading iron ore producer in India, engaged in the exploration and extraction of various minerals, supporting the mining industry.
Overall Rating
4.3/5
based on 376 reviews
9% above
industry average
Highly rated for
Work-life balance, Company culture, Skill development
Work Policy
Work from office
80% employees reported
Monday to Saturday
58% employees reported
Flexible timing
54% employees reported
No travel
59% employees reported
View detailed work policy
Top Employees Benefits
Office cab/shuttle
7 employees reported
Job/Soft skill training
7 employees reported
Health insurance
7 employees reported
Child care facility
4 employees reported
View all benefits
About NMDC Limited
Founded in1958 (67 yrs old)
India Employee Count5k-10k
Global Employee Count5k-10k
India HeadquartersHyderabad/Secunderabad, Telangana, India
Office Locations
Kolkata
Websitenmdc.co.in
Primary Industry
Other Industries
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Incorporated in 1958 as a Government of India fully owned public enterprise. NMDC is under the administrative control of the Ministry of Steel, Government of India.Since inception involved in the exploration of wide range of minerals including iron ore, copper, rock phosphate, lime stone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, beach sands etc.NMDC is India's single largest iron ore producer, presently producing about 35 million tonnes of iron ore from 3 fully mechanized mines viz., Bailadila Deposit-14/11C, Bailadila Deposit-5, 10/11A (Chhattisgarh State) and Donimalai Iron Ore Mines (Karnataka State). NMDC Projects have following accreditations
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NMDC Limited Ratings
based on 376 reviews
Overall Rating
4.3/5
How AmbitionBox ratings work?
5
235
4
93
3
29
2
7
1
12
Category Ratings
4.2
Work-life balance
4.1
Company culture
4.1
Skill development
4.1
Work satisfaction
4.0
Salary
3.7
Job security
3.6
Promotions
NMDC Limited is rated 4.3 out of 5 stars on AmbitionBox, based on 376 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at NMDC Limited
based on 357 reviews
4.5
Rated by 48 Women
Rated 4.5 for Company culture and 4.4 for Salary
4.3
Rated by 309 Men
Rated 4.2 for Work-life balance and 4.0 for Company culture
Work Policy at NMDC Limited
based on 62 reviews in last 6 months
Work from office
80%
Hybrid
14%
Permanent work from home
6%
NMDC Limited Reviews
Top mentions in NMDC Limited Reviews
+ 5 more
Compare NMDC Limited with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.3/5 based on 376 reviews | 4.0/5 based on 516 reviews | 4.1/5 based on 571 reviews | 4.3/5 based on 1k reviews |
Highly Rated for | Work-life balance Skill development Company culture | Job security Salary Work-life balance | Job security Work-life balance Skill development | Work-life balance Job security Salary |
Critically Rated for | No critically rated category | No critically rated category | No critically rated category | No critically rated category |
Primary Work Policy | Work from office 80% employees reported | Work from office 92% employees reported | Work from office 90% employees reported | Work from office 75% employees reported |
Rating by Women Employees | 4.5 Good rated by 48 women | 4.5 Good rated by 19 women | 4.0 Good rated by 54 women | 4.5 Good rated by 119 women |
Rating by Men Employees | 4.3 Good rated by 309 men | 4.0 Good rated by 443 men | 4.1 Good rated by 467 men | 4.4 Good rated by 790 men |
Job security | 3.7 Good | 4.5 Good | 4.2 Good | 4.3 Good |
View more
NMDC Limited Salaries
NMDC Limited salaries have received with an average score of 4.0 out of 5 by 376 employees.
Executive Engineer
(45 salaries)
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₹6 L/yr - ₹11.2 L/yr
Deputy Manager
(32 salaries)
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₹8 L/yr - ₹24 L/yr
Accounts Officer
(26 salaries)
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₹6 L/yr - ₹7 L/yr
Electrical Engineer
(23 salaries)
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₹2 L/yr - ₹6.4 L/yr
Junior Officer
(20 salaries)
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₹6 L/yr - ₹9.5 L/yr
CMA Trainee
(16 salaries)
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₹1.8 L/yr - ₹5 L/yr
Instrument Engineer
(13 salaries)
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₹2.8 L/yr - ₹8 L/yr
Shift Incharge
(13 salaries)
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₹2.2 L/yr - ₹7.4 L/yr
Assistant General Manager
(12 salaries)
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₹25 L/yr - ₹36 L/yr
Executive Level 2
(12 salaries)
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₹15 L/yr - ₹24.5 L/yr
NMDC Limited Interview Questions
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NMDC Limited News
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Hindalco, NALCO, Coal India, JSW Steel, Among Systematix' Top Stock Picks In Metals, Mining After Q3 Results
- Brokerage firm Systematix Institutional Equities has identified Hindalco, NALCO, Coal India, and JSW Steel as the top stock picks in the metals and mining sector after reviewing the Q3 results.
- Jindal Saw, NALCO, Hindalco, Coal India, and JSW Steel are the pecking order of top picks under Systematix's coverage.
- NMDC, MOIL, and Coal India saw better offtake in Q3, supplying key raw materials for the steel and power sectors.
- Systematix also mentioned that these companies performed well during the quarter.
Bloomberg Quint | 19 Feb, 2025
NMDC Q3 Review — Margin Expansion Despite Ebitda Miss On Higher Royalty Expense; Systematix Retains 'Hold'
- NMDC Ltd. reported Q3 FY25 Ebitda of Rs 23.7 billion (+18%/+71% YoY/QoQ), 14% below the estimate due to higher royalty payments.
- Systematix Institutional Equities retains 'Hold' rating on NMDC stock with a target price of Rs 70/share.
- NMDC has outlined a Rs 700 billion capex plan to reach the 100mt volume target by 2030.
- Finer details of the capex plan are yet to be shared by NMDC.
Bloomberg Quint | 11 Feb, 2025
NMDC Q3 Results: Profit Up 27%, Revenue Rises To Rs 6,568 Crore
- NMDC's Q3 net profit increased by 27% and revenue rose to Rs 6,568 crore.
- Consolidated net profit stood at Rs 1,882 crore, up from Rs 1,484 crore in the same period last year.
- Ebitda increased by 18.17% to Rs 2,372 crore in Q3.
- Iron ore segment revenue grew by 20% to Rs 6,434.2 crore.
Bloomberg Quint | 6 Feb, 2025
Q3 Results Today: Bharti Airtel, ITC, SBI, NMDC, MRF, Cochin Shipyard, Hero MotoCorp, Trent, REC And More
- Over 170 companies are going to release their third-quarter results, including State Bank of India (SBI) and ITC, Hero MotoCorp, Bharti Airtel, NMDC, MRF, Cochin Shipyard, and Trent.
- SBI has reported 28% growth in Q2 net profit to INR 18,331 crore YoY. SBI's net interest income (NII) also saw a YoY growth of 5% to INR 41,620 crore.
- In contrast, Swiggy Ltd's Q3 net loss widened to INR 799.08 crore, compared to that of INR 625.53 crore in the previous period.
- Similarly, ITC reported a 16% YoY growth in revenue, reaching INR 19,327.72 crore for Q2 FY25, and a 3% increase in net profit to INR 5,078.34 crore.
- Hero MotoCorp has reported a 10.8% YoY increase in revenue in Q2, reaching INR 10,463 crore, and a 14.2% increase in net profit to INR 1,204 crore.
- Other major firms that will announce their Q3 results on Feb. 6 include Trent, PVR Inox, Orient Technologies, BEML, Bikaji Foods, Britannia, JK Lakshmi Cement, and REC.
Bloomberg Quint | 6 Feb, 2025
NMDC Q3 Results Schedule Announced — Check Date, Share Price History And More
- State-owned NMDC Ltd. is scheduled to announce its Q3 earnings this week.
- NMDC's December 2024 monthly production increased to 4.71 million tonnes while sales fell to 3.91 million tonnes.
- NMDC will announce its Q3 financial statements on February 6, 2025.
- Shares of NMDC have declined over 21% on the NSE in the past year.
Bloomberg Quint | 4 Feb, 2025
Steel slump, surge in Chinese imports could put SAIL, other CPSEs’ capex plans at risk
- Steel Authority of India Ltd (SAIL) has put its capex plans under review due to falling steel prices, rising imports from China, and high debt.
- SAIL's ₹6,500 crore capex plan for FY25 is on track, but future expansion projects of ₹100,000 crore are being reviewed.
- The surge of steel exports from China has impacted international prices and the performance of the industry, including SAIL.
- NMDC's capex plans are unchanged, but the iron ore market outlook remains bearish due to excess stocks and a slowdown in China.
HinduBusinessLine | 8 Jan, 2025
Stock Market Live: GIFT Nifty Trades Near 23,800; NMDC, Mazagon Dock, Tata Motors, Maruti Suzuki In Focus
- GIFT Nifty was at 23,840.00 down by 37 points or 0.15% at 07:09 a.m.
- Share prices of NMDC, Mazagon Dock, Tata Motors, Maruti Suzuki will remain in focus.
- Jefferies' 2025 outlook for India’s industrials sector emphasizes capex growth.
- The NSE Nifty 50 closed higher on the first trading day of 2025.
Bloomberg Quint | 2 Jan, 2025
Stocks In News Today: Mamata Machinery, NMDC, DAM Capital, Mazagon Dock Shares In Focus
- Shares of Mamata Machinery, DAM Capital, NMDC, and Mazagon Dock are in focus today.
- Mamata Machinery's share price locked in upper circuit after a debut at a 146.9% premium over its issue price.
- NMDC shares traded ex-bonus, giving up minor gains in the first hour of trading.
- DAM Capital Advisors' shares gained 52.4% above the issue price after listing at a premium of 38.87%.
- Mazagon Dock Shipbuilders' share price resumed decline after a one-day rise as they traded ex-split.
- Transrail Lighting shares traded 34% higher after listing at a premium of 35.45% over the issue price.
Bloomberg Quint | 27 Dec, 2024
NMDC Share Price Seesaws As Stock Trades Ex-Bonus
- NMDC Ltd. shares traded ex-bonus, with a rise of 0.86% initially on the NSE.
- Dec. 27 was the record date for determining eligibility for the bonus share issuance.
- A total of 586 crore equity shares are expected to be allotted as part of this bonus issue.
- NMDC stock has risen 5.72% in the last 12 months, with analysts having mixed ratings.
Bloomberg Quint | 27 Dec, 2024
Stocks In News At Noon: Sagility India, Ola Electric Mobility, Mazagon Dock Shares
- Sagility India Ltd. rose to 5% upper circuit without any significant trigger in Thursday's session.
- Ola Electric Mobility Ltd. announced the significant expansion of its network to 4,000 stores nationwide, resulting in a 6.35% increase in share price.
- Mazagon Dock Shipbuilders Ltd. witnessed a 4.76% rise in share price as it turned ex-date for the stock split.
- NMDC Ltd. experienced a 1.85% increase in share price before its record date for the issuance of bonus shares.
Bloomberg Quint | 26 Dec, 2024
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NMDC Limited FAQs
When was NMDC Limited founded?
NMDC Limited was founded in 1958. The company has been operating for 67 years primarily in the Metals & Mining sector.
Where is the NMDC Limited headquarters located?
NMDC Limited is headquartered in Hyderabad/Secunderabad, Telangana. It operates in 2 cities such as Hyderabad / Secunderabad, Kolkata. To explore all the office locations, visit NMDC Limited locations.
How many employees does NMDC Limited have in India?
NMDC Limited currently has more than 5,500+ employees in India. Production, Manufacturing & Engineering department appears to have the highest employee count in NMDC Limited based on the number of reviews submitted on AmbitionBox.
Does NMDC Limited have good work-life balance?
NMDC Limited has a work-life balance rating of 4.2 out of 5 based on 300+ employee reviews on AmbitionBox. 87% employees rated NMDC Limited 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read NMDC Limited work-life balance reviews for more details
Is NMDC Limited good for career growth?
Career growth at NMDC Limited is rated fairly well, with a promotions and appraisal rating of 3.6. 87% employees rated NMDC Limited 4 or above, while 13% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading NMDC Limited promotions/appraisals reviews for more detailed insights.
What are the pros of working in NMDC Limited?
Working at NMDC Limited offers several advantages that make it an appealing place for employees. The company is highly rated for work life balance, company culture and skill development, based on 300+ employee reviews on AmbitionBox.
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