1. India Stocks

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  3. •

    Regulated Electric
NLC India Limited

NLC India Limited

NLCINDIA.BO
NLC India LimitedIN flagBombay Stock Exchange
304.50
INR
-3.45
- -
422.23BMarket Cap
NLC India Limited
NLCINDIA.BO
(Bombay Stock Exchange)

Recent

price

304.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
25.61
28.84
32.97
35.19
35.88
46.51
66.21
73.81
66.54
74.43
71
86.15
116.58
93.76
110.19
- -
118.23
Revenue per Share
7.74
8.41
8.69
8.95
9.42
0.51
14.6
12.71
10.16
10.39
9.24
7.88
10.07
13.37
18.9
- -
21.49
Basic EPS, GAAP
-6.97
-9.17
-3.16
10.1
-1.19
-2.35
-17.95
-0.74
-31.31
-30.64
14.91
49.25
11.31
16.91
11.8
- -
- -
Free Cash Flow per Basic Share
1.17
2.67
4.41
3.01
4.54
2.66
9.49
5.11
5.44
8.53
1.06
3.29
3.09
3.59
3.17
- -
- -
Dividend per Share
10
64.69
69.04
73.31
67.99
64.18
59.2
72.6
70.7
72.2
81.04
85.79
92.65
102.47
118.27
- -
- -
Book Value per Share
61.69
71.93
77.76
83.6
80.48
78.86
75.52
90.49
92.67
100.63
109.13
115.9
125.82
138.01
156.69
- -
- -
Tangible Book Value per Share
1,678
1,678
1,678
1,678
1,678
1,676
1,676
1,529
1,483
1,387
1,387
1,387
1,387
1,387
1,387
- -
1,331
Basic Weighted Avg Shares
42,960
48,379
55,319
59,039
60,202
77,929
110,944
112,820
98,708
103,204
98,456
119,452
161,652
130,013
152,830
174,895
157,304
Sales/Revenue/Turnover
28.13
27.94
27.51
31.12
26.21
21.25
32.54
28.27
19.23
31.41
30.04
23.56
36.15
14.57
19.34
18.35
17.18
Operating Margin (%)
4,390
4,302
5,190
4,858
4,365
9,104
10,434
12,316
11,208
13,342
16,114
19,087
18,008
18,249
18,843
23,786
19,904
Depreciation Expense
12,983
14,113
14,578
15,019
15,797
856
24,470
19,428
15,077
14,414
12,819
10,926
13,957
18,541
26,214
35,222
28,595
Net Income, GAAP
22.93
28.86
28.74
32.31
33.72
39.53
- -
30.63
39.98
38.08
40.89
57.16
30.68
35.2
26.6
2.73
13.92
Effective Tax Rate (%)
30.22
29.17
26.35
25.44
26.24
1.1
22.06
17.22
15.27
13.97
13.02
9.15
8.63
14.26
17.15
20.14
18.18
Profit Margin (%)
47,491
51,716
56,553
51,139
46,697
58,333
36,285
25,206
-4,577
82
4,938
13,458
27,035
13,787
-26,425
-20,814
- -
Working Capital
44,024
53,610
60,166
62,105
60,108
70,501
85,366
93,803
143,773
189,466
189,385
188,730
185,232
192,594
185,255
231,178
- -
LT Debt
112,294
121,097
130,813
140,635
136,169
134,224
128,006
140,376
138,712
140,882
153,816
163,743
176,257
193,662
219,447
252,740
- -
Total Equity
8.6
5.74
5.81
6.2
5.12
4.76
- -
8.59
3.7
5.32
4.19
3.01
10.42
3.03
5.09
6.41
- -
Return on Invested Capital (%)
13.86
13.26
9.14
8.74
8.97
2
- -
9.76
6.62
6.04
4.86
3.74
5.27
6.08
7.88
11.89
12.06
Return on Capital (%)
23.28
22.52
12.99
12.58
13.33
0.77
23.67
18.49
13.97
14.06
12.07
9.45
11.28
13.71
17.13
39.6
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
39,031
- -
LT Borrowings
- -
184,911
- -
LT Finance Leases
- -
344
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
1,387
- -
Market Capitalization
334,206
328,534
306,218

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
80,648
- -
Cash, Cash Equivalents & STI
- -
1,885
- -
Accounts Receivable, Net
- -
31,414
- -
Inventories
- -
19,126
- -
Total Current Liabilities
- -
107,073
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
39,031
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.7%
10.49%
15.17%
Free Cash Flow
432.53%
-19.44%
-269.76%
Net Income, GAAP
282.27%
24.31%
34.37%
Sales/Revenue/Turnover
10.06%
13.82%
14.44%
Total Cash Common Dividend
44.62%
55.53%
67.17%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
33,165
29,775
31,644
35,406
130,013
2025
33,782
36,573
44,115
38,360
152,830
2026
38,256
44,430
50,425
- -
174,895

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.98
7.83
1.83
- -
13.37
2025
4.09
7.08
5.02
3.48
18.9
2026
6.05
5.22
10.05
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.59
2025
- -
- -
- -
- -
3.17
2026
- -
- -
- -
- -
- -
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Business
NLC India Limited functions as a prominent integrated energy provider in India, focusing on the extraction of resources and electricity generation. The company’s activities are bifurcated into its core segments of mining and power production. Its diverse energy output includes thermal facilities powered by both lignite and coal, alongside an expanding portfolio of renewable sources such as wind and solar energy. The firm oversees substantial opencast lignite mining operations, notably in Neyveli, Tamil Nadu, with a capacity of 30.1 million tonnes annually, and in Barsingsar, Rajasthan, yielding 2.1 million tonnes each year. Furthermore, it manages the Talabira II & III open-cast coal mine in Odisha, which has a production capability of 20 million tonnes per annum. NLC India supplies its mined lignite and coal to various industrial clients and delivers generated electricity to state distribution entities across Southern India and Rajasthan. Established in 1956 and based in Neyveli, India, the company formally adopted its present name, NLC India Limited, in March 2016.