NLC India Limited

NLC India Limited

228.35
INR
-5.20
(-2.23%)
23.50EPS
14.27P/E
446.50BMarket Cap
Nov 06Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
35.19
35.88
46.51
66.21
73.81
66.54
74.43
71
86.15
116.58
93.76
110.21
126.12
121.72
Basic EPS, GAAP
8.95
9.42
0.51
14.6
12.71
10.16
10.39
9.24
7.88
10.07
13.37
18.9
25.4
22.56
Free Cash Flow per Basic Share
10.1
-1.19
-2.35
-17.95
-0.74
-31.31
-30.64
14.91
49.25
11.31
16.91
11.81
-20.04
- -
Dividend per Share
3.01
4.54
2.66
9.49
5.11
5.44
8.53
1.06
3.29
3.09
3.59
3.18
5.31
- -
Book Value per Share
82.87
78.97
76.19
79.33
87.35
92.09
88.85
97.25
102.33
109.39
119.22
135.02
155.23
- -
Tangible Book Value per Share
82.65
78.29
74.95
78.38
86.01
91.19
87.89
95.45
100.14
108.1
117.57
133.49
153.42
- -
Basic Weighted Avg Shares
1,678
1,678
1,676
1,676
1,529
1,483
1,387
1,387
1,387
1,387
1,387
1,387
1,387
1,481
Sales/Revenue/Turnover
59,039
60,202
77,929
110,944
112,820
98,708
103,204
98,456
119,453
161,652
130,013
152,828
174,889
180,279
Operating Margin (%)
31.12
26.21
21.25
32.54
28.27
19.23
31.41
30.04
23.56
36.15
14.57
21.83
20.43
17.55
Depreciation Expense
4,859
4,365
9,104
10,434
12,316
11,208
13,342
16,114
19,087
18,008
18,249
18,843
23,786
24,966
Net Income, GAAP
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
33,414
Effective Tax Rate (%)
32.31
33.72
39.53
- -
30.63
39.98
38.08
40.89
57.16
30.68
35.2
26.6
2.73
3.46
Profit Margin (%)
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
18.53
Working Capital
51,139
46,697
58,333
36,285
25,206
-4,577
82
4,939
13,458
27,035
13,787
-22,909
-20,814
- -
LT Debt
62,105
60,108
70,501
85,366
93,803
143,773
189,467
189,385
188,730
185,232
192,594
185,255
231,178
- -
Total Equity
140,635
136,169
134,224
128,006
140,377
138,712
140,883
153,817
163,743
176,257
193,662
219,447
252,740
- -
Return on Invested Capital (%)
5.33
6.14
4.59
- -
8.65
3.56
5.24
4.01
3.38
8.28
2.98
5.46
7.31
- -
Return on Capital (%)
8.09
8.21
1.82
- -
8.92
6.14
5.68
4.6
3.54
4.96
5.74
7.34
9.12
- -
Return on Common Equity (%)
11.19
11.64
0.66
19.65
15.25
11.54
11.49
9.93
7.9
9.51
11.7
14.87
17.5
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
47,740
- -
LT Borrowings
- -
230,324
- -
LT Finance Leases
- -
854
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,387
1,387
1,387
Market Capitalization
346,964
372,451
446,497

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
84,811
- -
Cash, Cash Equivalents & STI
- -
7,134
- -
Accounts Receivable, Net
- -
33,377
- -
Inventories
- -
22,813
- -
Total Current Liabilities
- -
105,626
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
47,740
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

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

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
33,782
36,573
44,115
38,360
152,828
2026
38,256
- -
44,431
50,425
174,889
2027
47,168
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
4.09
7.08
5.02
3.48
18.9
2026
4.72
- -
5.22
10.05
25.4
2027
3.08
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
3.18
2026
- -
- -
- -
- -
5.31
2027
- -
- -
- -
- -
- -

Company Description

CEO
Prasanna Kumar Acharya
Full Time Employees
35,732
Sector
Utilities
Industry
Electric utilities
Address
Block-1 Neyveli TN India 607801
IPO Date
Nov 1, 2000
Business
NLC India Limited, a Navratna central public sector enterprise under the Ministry of Coal, Government of India, engages in lignite mining and power generation from lignite-based thermal stations, alongside diversification into renewable energy; it operates opencast lignite mines with a total capacity of 30.6 million tonnes per annum including Mine I (10.5 MTPA), Mine IA (3 MTPA), Mine II (15 MTPA) and Barsingsar Mine (2.1 MTPA), linked to pithead thermal power stations aggregating 3,640 MW capacity such as TPS-I Expansion (420 MW), TPS-II (1,470 MW), TPS-II Expansion (500 MW) and Barsingsar TPS (250 MW), supplemented by solar photovoltaic plants totaling 1,404 MW, wind power facilities of 51 MW and joint venture coal-fired projects including NLC Tamil Nadu Power Limited (1,000 MW) and Neyveli Uttar Pradesh Power Limited (under development). Incorporated in 1956 and headquartered in Neyveli, Tamil Nadu, the company supplies power primarily to southern and western Indian states including Tamil Nadu, Kerala, Karnataka, Andhra Pradesh, Telangana, Puducherry and Rajasthan, with operations spanning Tamil Nadu, Rajasthan, Uttar Pradesh, Odisha and Jharkhand; it also markets raw lignite to small-scale industries and provides mining consultancy services. In recent developments, NLC India signed a business transfer agreement on October 31, 2025, with its wholly-owned subsidiary NLC India Renewables Limited to transfer 1,430 MW of renewable energy assets at book value by December 31, 2025 as part of its asset monetization strategy; the board approved an investment of up to Rs 1,630 crore in October 2025 and Rs 666 crore in the renewables arm for green energy projects, alongside securing a USD 100 million external commercial borrowing from Japan's Sumitomo Mitsui Banking Corporation for renewable capex and advancing plans for a Rs 4,000 crore IPO of the subsidiary in fiscal 2026-27 to fund expansion toward 10 GW renewable capacity by 2030.