NMDC vs Welspun Corp vs SAIL: Which Stock Should You Track

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.

Click Here – Get Free Investment Predictions

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

Check the Univest Screener for Live Data

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.

Download the Univest iOS App or Univest Android App to track NMDC, Welspun Corp and Steel Authority of India live prices.

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.

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.