NMDC vs Welspun Corp vs SAIL: Which Stock Should You Track
- October 8, 2026
- Posted by: Kunal Singla
- Category: Market
NMDC PE 9.67, mkt cap Rs 72,093 crore. Welspun Corp PE 31.10, mkt cap Rs 72,124 crore. Steel Authority of India PE 17.95, mkt cap Rs 76,663 crore.
Quick Answer
NMDC vs Welspun Corp vs Steel Authority of India is a side-by-side comparison of three companies from the Steel and Mining PSUs space. On this comparison, NMDC carries a market capitalisation of about Rs 72,093 crore against Rs 72,124 crore for Welspun Corp and Rs 76,663 crore for Steel Authority of India, with return on equity of 21.87%, 17.62% and 6.35% respectively. Each company’s numbers are presented here without a declared better pick, since the right stock depends on an investor’s own criteria.
NMDC vs Welspun Corp vs Steel Authority of India starts with the core numbers most investors compare within the Steel and Mining PSUs segment: market capitalisation, valuation multiples, profitability and dividend yield. Figures below are sourced as of October 2026 and will shift with daily price moves.
All three names sit in the Steel and Mining PSUs bucket, which makes them a natural set to place side by side rather than a random trio of unrelated businesses.
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NMDC, Welspun Corp and Steel Authority of India: Company Overview
NMDC is a listed Indian company in the Steel and Mining PSUs space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Welspun Corp is a listed Indian company in the Steel and Mining PSUs space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
Steel Authority of India is a listed Indian company in the Steel and Mining PSUs space, tracked here on book value, return ratios and valuation alongside its peers in this comparison.
NMDC vs Welspun Corp vs Steel Authority of India: Valuation and Profitability Snapshot
| Metric | NMDC | Welspun Corp | Steel Authority of India |
|---|---|---|---|
| Market Cap (approx.) | Rs 72,093 crore | Rs 72,124 crore | Rs 76,663 crore |
| PE Ratio (TTM) | 9.67 | 31.10 | 17.95 |
| PB Ratio | 2.12 | 7.88 | 1.27 |
| Return on Equity (ROE) | 21.87% | 17.62% | 6.35% |
| EPS (TTM, Rs) | 8.48 | 87.92 | 10.34 |
| Dividend Yield | 4.27% | 0.18% | 1.27% |
| Debt to Equity | 0.19 | 0.26 | 0.53 |
| Book Value per Share (Rs) | 38.74 | 347.16 | 146.12 |
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On valuation, NMDC trades at a PE of 9.67 and a PB of 2.12, Welspun Corp at a PE of 31.10 and a PB of 7.88, while Steel Authority of India trades at a PE of 17.95 and a PB of 1.27. On return on equity, the three post 21.87%, 17.62% and 6.35% respectively, and on dividend yield they stand at 4.27%, 0.18% and 1.27%.
NMDC vs Welspun Corp vs Steel Authority of India: Latest Quarterly Results
| Company | Latest Quarter Revenue | Latest Quarter Net Profit | YoY Change (Revenue) | QoQ Change (Revenue) |
|---|---|---|---|---|
| NMDC | Rs 7,142.54 crore | Rs 2,005.71 crore | +1.5% | -39.3% |
| Welspun Corp | Rs 4,144.91 crore | Rs 1,047.88 crore | +15.6% | -4.7% |
| Steel Authority of India | Rs 26,451.21 crore | Rs 1,644.05 crore | +1.4% | -15.1% |
Quarterly figures above are the most recent reported quarter for each company (Q1 FY27, quarter ended June 2026), compared with the year-ago and preceding quarter.
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What Should Investors Look at Beyond These Numbers?
Beyond the metrics above, investors comparing these three steel and mining psus names should track quarter-on-quarter revenue and margin trends, management commentary on demand and cost drivers, and any sector-specific regulatory developments, since a single-quarter snapshot can shift quickly.
Conclusion
NMDC vs Welspun Corp vs Steel Authority of India highlights how differently three companies in the same steel and mining psus segment can score across valuation, profitability and dividend metrics, even when operating in a similar space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.
Disclaimer: Data and figures in this article are sourced from publicly available information as of October 2026 and may not reflect real-time prices. Please verify all data independently before making any investment decision. This comparison does not recommend or endorse any single stock over another; investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on NMDC vs Welspun Corp vs Steel Authority of India
What is the market cap difference between NMDC, Welspun Corp and Steel Authority of India?
Ans. As of October 2026, NMDC has a market cap of approximately Rs 72,093 crore, Welspun Corp is at approximately Rs 72,124 crore, and Steel Authority of India is at approximately Rs 76,663 crore.
Which of the three has the highest PE ratio?
Ans. Among NMDC, Welspun Corp and Steel Authority of India, the PE ratios stand at 9.67, 31.10 and 17.95 respectively as of October 2026.
Which of the three has the highest ROE?
Ans. NMDC, Welspun Corp and Steel Authority of India post ROE of 21.87%, 17.62% and 6.35% respectively as of October 2026.
Which of these three stocks pays the highest dividend yield?
Ans. NMDC, Welspun Corp and Steel Authority of India carry dividend yields of 4.27%, 0.18% and 1.27% respectively.
What is the debt to equity ratio for NMDC, Welspun Corp and Steel Authority of India?
Ans. NMDC carries a debt to equity of 0.19, Welspun Corp of 0.26, and Steel Authority of India of 0.53.
Which of the three trades at the highest price to book value?
Ans. NMDC, Welspun Corp and Steel Authority of India trade at price to book ratios of 2.12, 7.88 and 1.27 respectively.
Is one of NMDC, Welspun Corp or Steel Authority of India better than the others?
Ans. This comparison does not declare one stock better than another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor’s own criteria and research.
