NLC India Limited NLCINDIA NIFTY_MIDNSEINFRAPSU

Utilities · Utilities - Regulated Electric · India

https://www.nlcindia.in

NLC India Limited engages in the mining and power generation business in India. The company mines for lignite and coal; and generates power through lignite and coal, as well as through thermal, solar, and wind power plants. It also operates open cast lignite mines with a mining capacity of 28.0 million tonnes per annum (MTPA) in Tamil Nadu and 30.10 MTPA in Rajasthan; and has total coal mining capacity of 20.00 MTPA. In addition, it provides consultancy services to the mining sector and firms in the solar power generation sector. Further, the company has a total installed thermal power generation capacity of 5,300 MW; and renewable energy generation capacity of 1,483.89 MW. It serves state distribution firms, commercial enterprises, and industrial consumers. The company was formerly known as Neyveli Lignite Corporation Limited and changed its name to NLC India Limited in April 2016. The company was incorporated in 1956 and is based in Cuddalore, India.

Market & Price

Market Cap

₹48,192.56 Cr

Current Price

₹347.55

High / Low (52W)

₹370.90 / ₹217.71

Beta

0.48

Valuation

Stock P/E

13.68

Industry PE

25.70

Forward P/E

12.87

PEG Ratio

Book Value

₹155.24

Price to Book

2.24

P/S

2.76

EV/EBITDA

10.73

Dividend Yield

2.07%

Profitability & Returns

ROCE

9.33%

ROE

15.97%

ROA

3.26%

Profit Margin

20.14%

Op Margin

28.30%

EPS (Latest Qtr)

₹10.05

EPS (TTM)

₹25.41

Balance Sheet & Liquidity

Debt/Equity

0.82

Quick Ratio

0.40

Current Ratio

0.80

Debt

₹11,510.87 Cr

Total Assets

₹65,202.26 Cr

Current Assets

₹8,481.11 Cr

Working Capital

₹-2,081.45 Cr

Ownership

Promoter Holding

75.25%

Chg in Prom Hold

FII / Inst Holding

15.21%

Chg in FII Hold

Financial Snapshot

Enterprise Value

₹59,967.72 Cr

Total Revenue (TTM)

₹17,489.53 Cr

EBITDA

₹5,588.44 Cr

Free Cash Flow

₹-5,099.93 Cr

Operating Cash Flow

₹5,166.07 Cr

Shares Outstanding

₹138.66 Cr

Gross Margin

80.74%

Payout Ratio

20.08%

Growth (CAGR)

Revenue 5Y

2.66%

Profit 5Y

36.15%

Revenue (YoY)

-0.30%

Earnings (YoY)

-12.70%

PROS

Excellent profit margin of 20.1%.
Profit CAGR of 36.1% over 5 years.
In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Utilities).

#	Name	CMP ₹	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	NLCINDIA NLC India Limited NIFTY_MIDNSEINFRAPSU	347.55	13.68	₹48,192.56 Cr	2.07%	9.33%	15.97%	2.66%	36.15%
2	ADANIPOWER Adani Power Limited NSEINFRA	243.37	36.76	₹4.69 L Cr	-	15.47%	20.91%	12.57%	6.16%
3	NTPC NTPC Limited NIFTY50NSEINFRAPSU	386.90	12.71	₹3.75 L Cr	2.93%	9.27%	13.69%	2.49%	16.95%
4	POWERGRID Power Grid Corporation of India Limited NIFTY50NSEAIINFRAPSU	290.55	14.45	₹2.70 L Cr	4.22%	10.70%	16.49%	2.02%	1.09%
5	ADANIGREEN Adani Green Energy Limited NSEINFRA	1,475.40	153.85	₹2.43 L Cr	-	6.51%	7.58%	18.47%	19.26%
6	ADANIENSOL Adani Energy Solutions Limited NSEINFRA	1,513.30	81.32	₹1.82 L Cr	-	8.72%	9.66%	28.29%	22.02%
7	ENRIN Siemens Energy India Limited NSEINFRA	3,872.10	105.28	₹1.38 L Cr	0.10%	29.23%	-	63.51%	83.35%
8	TATAPOWER Tata Power Company Limited NSEAIINFRA	420.75	35.96	₹1.34 L Cr	0.59%	8.76%	11.34%	4.88%	3.95%
9	JSWENERGY JSW Energy Limited NIFTY_MIDNSEINFRA	595.05	46.74	₹1.09 L Cr	0.34%	7.51%	8.82%	24.01%	14.86%

Quarterly Results

Figures in INR.

Metric	Dec 2024	Mar 2025	Jun 2025	Dec 2025	Mar 2026
Revenue	4,411.47 Cr	3,836.00 Cr	3,825.61 Cr	4,443.05 Cr	5,042.46 Cr
Cost of Revenue	516.28 Cr	259.68 Cr	1,028.76 Cr	942.90 Cr	684.67 Cr
Gross Profit	3,895.19 Cr	3,576.32 Cr	2,796.85 Cr	3,500.15 Cr	4,357.79 Cr
Operating Expenses	2,529.33 Cr	3,295.48 Cr	2,401.41 Cr	2,617.22 Cr	3,278.16 Cr
Operating Income	1,365.86 Cr	280.84 Cr	395.44 Cr	882.93 Cr	1,079.63 Cr
EBITDA	1,524.21 Cr	1,817.90 Cr	1,431.71 Cr	1,708.45 Cr	2,576.67 Cr
Interest Expense	236.55 Cr	325.30 Cr	298.79 Cr	269.30 Cr	364.31 Cr
Pretax Income	829.76 Cr	912.08 Cr	593.60 Cr	842.60 Cr	1,517.59 Cr
Tax Provision	133.81 Cr	443.72 Cr	-245.55 Cr	118.68 Cr	36.20 Cr
Net Income	668.09 Cr	481.96 Cr	797.59 Cr	666.03 Cr	1,393.46 Cr
Diluted EPS	5.02	3.48	6.05	5.22	10.05

Profit & Loss (Annual)

Figures in INR.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Revenue	-	16,165.24 Cr	13,001.33 Cr	15,282.96 Cr	17,489.53 Cr
Cost of Revenue	-	5,309.38 Cr	4,587.89 Cr	2,084.89 Cr	3,368.74 Cr
Gross Profit	-	10,855.86 Cr	8,413.44 Cr	13,198.07 Cr	14,120.79 Cr
Operating Expenses	-	5,012.88 Cr	6,518.58 Cr	10,242.11 Cr	10,910.93 Cr
Operating Income	-	5,842.98 Cr	1,894.86 Cr	2,955.96 Cr	3,209.86 Cr
EBITDA	-	4,691.89 Cr	5,484.44 Cr	6,512.96 Cr	7,475.28 Cr
Interest Expense	-	835.31 Cr	777.91 Cr	931.76 Cr	1,221.58 Cr
Pretax Income	-	2,055.79 Cr	2,881.64 Cr	3,696.93 Cr	3,875.12 Cr
Tax Provision	-	630.67 Cr	1,014.32 Cr	983.56 Cr	105.94 Cr
Net Income	-	1,395.68 Cr	1,854.08 Cr	2,621.36 Cr	3,522.20 Cr
Diluted EPS	7.88	10.28	13.37	18.90	-

Compounded Sales Growth

5 Years:	2.66%
1 Year:	-0.30%

Compounded Profit Growth

5 Years:	36.15%
1 Year:	-12.70%

Stock Price Performance

1 Year:	+46.72%
6 Months:	+46.84%
3 Months:	+31.70%
1 Month:	+9.78%

Balance Sheet (Annual)

Figures in INR.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Total Assets	-	53,067.70 Cr	54,941.81 Cr	57,851.35 Cr	65,202.26 Cr
Current Assets	-	9,780.13 Cr	9,325.24 Cr	8,064.77 Cr	8,481.11 Cr
Cash & Equivalents	-	77.48 Cr	564.87 Cr	186.96 Cr	711.48 Cr
Inventory	-	1,182.51 Cr	1,483.63 Cr	1,912.65 Cr	2,281.28 Cr
Receivables	-	4,264.47 Cr	3,767.49 Cr	3,141.45 Cr	3,337.69 Cr
Total Liabilities	-	35,442.04 Cr	35,575.59 Cr	35,906.63 Cr	39,928.25 Cr
Current Liabilities	-	7,076.62 Cr	7,946.51 Cr	10,707.29 Cr	10,562.56 Cr
Long Term Debt	-	18,498.17 Cr	19,225.72 Cr	18,491.11 Cr	23,032.42 Cr
Total Debt	-	22,333.14 Cr	22,415.49 Cr	22,428.58 Cr	27,891.78 Cr
Total Equity	-	15,168.84 Cr	16,531.05 Cr	18,722.97 Cr	21,524.76 Cr
Shares Outstanding	-	138.66 Cr	138.66 Cr	138.66 Cr	138.66 Cr

Cash Flows (Annual)

Figures in INR.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Operating Cash Flow	-	4,171.32 Cr	5,512.49 Cr	8,977.12 Cr	5,166.07 Cr
Investing Cash Flow	-	-2,498.58 Cr	-3,059.36 Cr	-7,159.56 Cr	-7,548.52 Cr
Financing Cash Flow	-	-1,734.68 Cr	-1,985.08 Cr	-2,196.07 Cr	2,906.97 Cr
Capital Expenditure	-	-2,603.37 Cr	-3,168.16 Cr	-7,340.18 Cr	-7,944.94 Cr
Free Cash Flow	-	1,567.95 Cr	2,344.33 Cr	1,636.94 Cr	-2,778.87 Cr
Net Change in Cash	-	-61.94 Cr	468.05 Cr	-378.51 Cr	524.52 Cr

Ratios (Annual)

Figures in %.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Gross Margin %	-	67.2%	64.7%	86.4%	80.7%
Operating Margin %	-	36.1%	14.6%	19.3%	18.4%
Net Margin %	-	8.6%	14.3%	17.2%	20.1%
ROE %	-	9.2%	11.2%	14.0%	16.4%
ROCE %	-	12.7%	4.0%	6.3%	5.9%

Shareholding Pattern

Insiders

75.25%

Institutions

15.21%

Public Float

61.43%

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for NLCINDIA

No recent headlines available.

NLCINDIA · Utilities