NMDC Group Industrials

BUY
AED 19.9
AED 34.00
71%
  • 16,803,155,095
  • 844,379,700
  • 16.64 L H 26.4
  • 2899345

Financial

FY2021A FY2022A FY2023A FY2024A FY2025A
PE (x) 15.79 12.59 7.62 5.61 4.64
PB (x) 2.98 2.51 1.91 1.47 1.17
Dividend Yield (%) 0.00 0.00 3.77 4.17 5.03

Recent Research

  • UAE Flag
    INITIAL COVERAGE (EQUITIES)
    05 May 2026
    NMDC Group
    BUY
    AED 19.52
    AED 34.00
    +74.18%

    UAE Equity Research - NMDC Group - Initiation Coverage

    We initiate coverage on NMDC Group PJSC (“NMDC” or “The Group”) with an equity valuation range of AED 34.00 per share. The Group is a leading EPC and marine infrastructure group with over 50 years of operating experience, offering integrated capabilities across dredging & marine, energy, infrastructure, engineering, and logistics & technical services.
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