NLC India

₹241.56As of Sun 8 Nov 2026, 12:00 UTC

NSE:NLCINDIAUtilities

Country India

PE (Fwd) 7.818

TSR 10Y CAGR 16.71%

Div yield 1.59%

ROE —

Utilities (Regulated Electric)

Beta (5Y) 0.57

PE TTM 9.510

TSR TTM (6.51%)

Mkt cap ₹343.0B

ROIC —

SE Grade™

—

Value

Quality

Moat

—

1Y Price

Reference

₹263

8.68%

(22.74%)

Price above Reference Value

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

175.1

Revenue₹B

—

119.5

163.0

130.0

152.8

175.1

194.2

10.02%

14.54

Revenue growth%

—

36.45

(20.25)

17.55

14.54

10.94

16.05

—

100.00

Gross margin%

—

100.00

100

20.58

Operating margin%

—

24.05

28.74

14.43

22.02

20.58

20.73

22.02

20.12

Net margin%

—

9.14

8.56

14.26

17.15

20.12

20.10

14.26

9.510

P/E ratio (avg)x

—

7.754

7.758

14.38

13.50

10.12

8.580

10.12

9.296

EV/EBITx

—

2.948

2.311

14.21

10.52

9.888

8.320

9.888

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

25.40

EPS₹

—

7.88

10.07

13.37

18.90

25.40

28.16

34.00%

—

34.37

EPS growth%

—

27.74

32.84

41.38

34.37

10.84

33.60

—

Bookvalue per sh₹

—

FCF per share₹

—

3.85

Dividend per sh₹

—

3.00

3.50

3.00

3.85

4.05

6.44%

—

1.59

Div yield (avg)%

—

4.91

4.48

1.56

1.18

1.50

1.68

1.56

15.16

Payout ratio%

—

38.07

34.77

22.44

15.87

15.16

14.40

22.44

1.387

Shares (diluted)B

—

1.387

◌1.387

—

Buyback yield%

—

◌—

—

D/E ratiox

—

335.0

Enterprise value₹B

—

84.72

108.3

266.5

353.9

356.3

335.0

43.21%

—

LT debt₹M

—

Peers (US$3.515B)

Cap (US$)

NTPC Limited

33.40B

10.55x

Power Grid Corporation…

25.74B

14.92x

CESC Limited

1.784B

10.81x

Energisa S.A.

3.206B

11.62x

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

2.960

Own earn%

—

Sh yield%

1.59

1.53

Owners

Insiders/Inst%

—

15.93

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

5/5

Revenue growth years

3/4

EPS growth years

4/4

Dividend streakyrs

Op margin range%

14–29

$1 testx

—

Incr. ROIC%

—

NLC India Limited engages in the mining and power generation business in India. It operates through three segments: Mining, Power–Thermal, and Power – Renewab. The company mines for lignite and coal; and generates power through lignite and coal, as well as through thermal, solar, and wind power plants.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹175.1B

10.02%

1.00×

Operating expenses

₹139.0B

11.25%

1.05×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m