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NMDC Steels
4.2
based on 71 Reviews
Company Overview
Company Locations
Working at NMDC Steels
Company Summary
Overall Rating
4.2/5
based on 71 reviews

Highly rated for
Work-life balance, Skill development, Work satisfaction

Critically rated for
Promotions
Work Policy

Work from office
92% employees reported

Monday to Saturday
71% employees reported

Strict timing
52% employees reported

No travel
59% employees reported
View detailed work policy
About NMDC Steels
Founded in--
India Employee Count--
Global Employee Count--
Headquarters--
Office Locations
--
Websitenmdcsteel.nmdc.co.in
Primary Industry
--
Other Industries
--
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NMDC Steels Ratings
based on 71 reviews
Overall Rating
4.2/5
How AmbitionBox ratings work?
5
36
4
20
3
13
2
0
1
2
Category Ratings
4.1
Work-life balance
4.1
Skill development
4.1
Work satisfaction
4.0
Salary
3.9
Company culture
3.6
Job security
3.3
Promotions
NMDC Steels is rated 4.2 out of 5 stars on AmbitionBox, based on 71 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.
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NMDC Steels Reviews
Top mentions in NMDC Steels Reviews
Compare NMDC Steels with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 4.2/5 based on 71 reviews | 3.7/5 based on 92.1k reviews | 3.7/5 based on 51.5k reviews | 3.8/5 based on 58.2k reviews |
Highly Rated for | Skill development Work-life balance Work satisfaction | Job security Work-life balance | No highly rated category | Job security |
Critically Rated for | Promotions | Promotions Salary Work satisfaction | Promotions Salary | Promotions |
Primary Work Policy | Work from office 92% employees reported | Work from office 81% employees reported | Hybrid 72% employees reported | Hybrid 75% employees reported |
Rating by Women Employees | - no rating available | 3.7 Good rated by 26.7k women | 3.8 Good rated by 16.5k women | 3.8 Good rated by 21.9k women |
Rating by Men Employees | - no rating available | 3.6 Good rated by 60.2k men | 3.7 Good rated by 32.5k men | 3.8 Good rated by 33.7k men |
Job security | 3.6 Good | 4.5 Good | 3.5 Good | 3.8 Good |
View more
NMDC Steels Salaries
NMDC Steels salaries have received with an average score of 4.0 out of 5 by 71 employees.
Executive Engineer
(17 salaries)
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₹6 L/yr - ₹15 L/yr
Deputy Manager
(7 salaries)
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₹10.1 L/yr - ₹15 L/yr
Executive Manager
(5 salaries)
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₹11.1 L/yr - ₹14 L/yr
Lab Incharge
(4 salaries)
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₹4.8 L/yr - ₹7.8 L/yr
Senior Chemist
(4 salaries)
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₹4 L/yr - ₹4.2 L/yr
Supervisor
(4 salaries)
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₹2.4 L/yr - ₹4.5 L/yr
Senior Engineer
(4 salaries)
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₹4.5 L/yr - ₹8 L/yr
Executive Officer
(4 salaries)
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₹11 L/yr - ₹14 L/yr
Mechanical Maintenance Engineer
(4 salaries)
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₹7 L/yr - ₹10 L/yr
Safety Executive
(4 salaries)
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₹7.4 L/yr - ₹9.8 L/yr
NMDC Steels News
Tata Steel, JSW Steel Lead Sector Rally On Likely Safeguard Duty On Imports
- Shares of steel sector industry leaders, Tata Steel and JSW Steel, were up over 2.8% each on Wednesday morning.
- The Ministry of Commerce and Industry's preliminary findings indicate a proposed 12% safeguard duty on certain steel imports.
- Government-owned NMDC Steel Ltd. jumped the most by 8.3% on the news, followed by 5.8% surge in Kalyani Steels Ltd.
- The safeguard duty is expected to increase the landed cost of imports, providing relief to Indian steelmakers and revising earnings estimates for FY26.
Bloomberg Quint | 19 Mar, 2025

NMDC SteelShare Price Target 2025, 2026 to 2030
- NMDC Steel Ltd has been performing well since mid-December 2023.
- The stock is currently trading consistently above ₹50.
- The company is owned by the Government of India holding a 60.8% stake.
- A projected price range for NMDC Steel in 2025 is between ₹71.48 and ₹200.87.
- The maximum predicted target for NMDC Steel in 2030 is ₹695.00 and the minimum is ₹121.70.
- The company listed on the NSE at ₹31 per share and rose to ₹64.75.
- Investors are hopeful as the stock is new, and the company expects to break even by the first half of 2025.
- It's competitors in the stock market are JSW steel, Tata Steel, Hindalco, and Jindal Steel.
- All values and projections given are predictions, and it's recommended to contact experts for further advice before investing.
VIE Stories | 11 Feb, 2025

Budget 2025 Expectations Live: Market Impact Seen Limited As Capex, Consumption Boosts Could Be Constrained
- UBS expects the impact of Budget 2025 on markets to remain muted, as capex and consumption boosts could be constrained if the fiscal deficit is capped below 4.5% of GDP in FY26.
- Stake sales in NMDC Steel, IDBI Bank, Shipping Corporation, and BMEL are likely to be deferred to FY26.
- Raising disposable income and boosting rural and urban demand will be the top agenda of Budget 2025.
- Finance Minister Nirmala Sitharaman will unveil Budget 2025 on February 1st.
Bloomberg Quint | 28 Jan, 2025

From outright sale to retaining stake, ‘govt rethinking CPSE disinvestment strategy’
- The government is reportedly reconsidering its CPSE disinvestment strategy, shifting from outright privatisation to retaining control over profitable and strategically important entities.
- This shift is driven by objections from ministers and senior bureaucrats who argue that certain CPSEs, such as SCI, NMDC Steel, and BHEL, are strategically important for the State to maintain control.
- There have been suggestions to offload a partial stake in profitable CPSEs as an alternative to complete privatisation.
- The government aims to strengthen entities like SCI and NMDC Steel due to their significance in sectors like shipping and steel production respectively.
HinduBusinessLine | 20 Jan, 2025

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NMDC Steels FAQs
Does NMDC Steels have good work-life balance?
NMDC Steels has a work-life balance rating of 4.1 out of 5 based on 70+ employee reviews on AmbitionBox. 79% employees rated NMDC Steels 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 Steels reviews for more details
Is NMDC Steels good for career growth?
Career growth at NMDC Steels is rated as moderate, with a promotions and appraisal rating of 3.3. 21% employees rated NMDC Steels 3 or below, while 79% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading NMDC Steels reviews for more detailed insights.
What are the pros and cons of working in NMDC Steels?
Working at NMDC Steels comes with several advantages and disadvantages. It is highly rated for skill development, work life balance and work satisfaction. However, it is poorly rated for promotions / appraisal, based on 70+ employee reviews on AmbitionBox.
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