NSE ScannerComparison · NSE · data 2026-10-31
NMDC Limited vs Vedanta Limited
In plain words
Size: Vedanta Limited is about 1.6 times the market value of NMDC Limited.
Valuation (P/E): NMDC Limited 7.9 vs Vedanta Limited 4.4.
Return on equity: NMDC Limited 23.4% vs Vedanta Limited 12.1%.
Profit growth over 3 years: Vedanta Limited 18% a year vs NMDC Limited 10% a year.
Debt to equity: Vedanta Limited 0.81 vs NMDC Limited 0.19.
Differences in the numbers, not a recommendation of either stock.
Side by side
| NMDC | VEDL | |
|---|---|---|
| Price | ₹67.34 | ₹237.9 |
| Market cap | ₹59,090 cr | ₹92,872 cr |
| P/E | 7.9 | 4.4 |
| P/B | — | 7.3 |
| ROE | 23.4% | 12.1% |
| ROCE | 26.2% | 9.5% |
| Debt / equity | 0.19 | 0.81 |
| Operating margin | 27.3% | 28.0% |
| Dividend yield | 5.21% | 14.32% |
| Sales growth, 3 years (yearly) | 22.0% | -20.4% |
| Profit growth, 3 years (yearly) | 10.0% | 18.0% |
| 1-year return | -11.9% | 23.3% |
| Revenue, last 12 months | ₹32,127 cr | ₹98,539 cr |
| Net profit, last 12 months | ₹7,459 cr | ₹21,531 cr |
| Latest quarter | Jun 2026 | Sept 2026 |
| Quarter net profit | ₹1,976 cr | ₹3,650 cr |
| Quarter profit vs a year earlier | +0.4% | +103.0% |
| Promoter holding | 60.79% | 54.72% |
| Health check | Strong (7.4/10) | Strong (6.6/10) |
Common questions
Which has a higher P/E, NMDC Limited or Vedanta Limited?
NMDC Limited trades at the higher P/E (7.9 against 4.4). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
NMDC Limited (23.4% against 12.1%).
Which carries more debt?
Vedanta Limited has the higher debt-to-equity ratio (0.81 against 0.19).