NLC India Ltd
NLC India is engaged in the business of mining of lignite and generation of power by using lignite as well as Renewable Energy Sources.(Source : 202003 Annual Report Page No:89)
- Market Cap ₹ 31,740 Cr.
- Current Price ₹ 229
- High / Low ₹ 312 / 186
- Stock P/E 16.7
- Book Value ₹ 126
- Dividend Yield 1.29 %
- ROCE 14.0 %
- ROE 11.4 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 27.8%
- Debtor days have improved from 96.2 to 66.8 days.
- Company's working capital requirements have reduced from 98.0 days to 28.6 days
Cons
- The company has delivered a poor sales growth of 5.36% over past five years.
- Company has a low return on equity of 11.2% over last 3 years.
- Contingent liabilities of Rs.11,566 Cr.
- Earnings include an other income of Rs.2,376 Cr.
- Promoter holding has decreased over last 3 years: -7.00%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Utilities Power Power Power Generation
Part of BSE 500 BSE PSU Nifty 500 BSE SmallCap Nifty Energy
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5,945 | 6,074 | 6,561 | 8,561 | 8,496 | 7,146 | 7,921 | 7,340 | 9,979 | 12,955 | 10,519 | 10,286 | |
4,025 | 4,524 | 4,381 | 4,308 | 5,511 | 5,632 | 5,029 | 5,269 | 6,322 | 7,993 | 7,476 | 7,874 | |
Operating Profit | 1,920 | 1,550 | 2,180 | 4,253 | 2,986 | 1,514 | 2,891 | 2,071 | 3,657 | 4,962 | 3,043 | 2,412 |
OPM % | 32% | 26% | 33% | 50% | 35% | 21% | 36% | 28% | 37% | 38% | 29% | 23% |
988 | 1,424 | -400 | -1,247 | 721 | 1,758 | 1,092 | 1,863 | 1,262 | -1,062 | 1,830 | 2,376 | |
Interest | 182 | 150 | 188 | 169 | 205 | 390 | 820 | 981 | 784 | 756 | 643 | 562 |
Depreciation | 517 | 441 | 641 | 683 | 861 | 746 | 958 | 1,232 | 1,528 | 1,420 | 1,442 | 1,368 |
Profit before tax | 2,209 | 2,383 | 950 | 2,154 | 2,641 | 2,136 | 2,205 | 1,722 | 2,606 | 1,724 | 2,788 | 2,858 |
Tax % | 32% | 34% | 76% | -10% | 30% | 41% | 36% | 41% | 53% | 28% | 34% | 34% |
1,502 | 1,580 | 228 | 2,369 | 1,849 | 1,267 | 1,414 | 1,010 | 1,237 | 1,248 | 1,847 | 1,900 | |
EPS in Rs | 8.95 | 9.42 | 1.36 | 15.50 | 12.09 | 9.14 | 10.20 | 7.29 | 8.92 | 9.00 | 13.32 | 13.70 |
Dividend Payout % | 31% | 30% | 221% | 47% | 37% | 50% | 69% | 34% | 17% | 39% | 23% | 22% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 5% |
3 Years: | 1% |
TTM: | -2% |
Compounded Profit Growth | |
---|---|
10 Years: | 3% |
5 Years: | 5% |
3 Years: | 27% |
TTM: | 64% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 38% |
3 Years: | 53% |
1 Year: | -3% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 10% |
3 Years: | 11% |
Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1,678 | 1,678 | 1,678 | 1,529 | 1,529 | 1,387 | 1,387 | 1,387 | 1,387 | 1,387 | 1,387 | 1,387 |
Reserves | 12,226 | 13,199 | 11,248 | 10,670 | 11,806 | 11,125 | 11,253 | 11,572 | 12,420 | 13,252 | 14,607 | 16,079 |
3,150 | 3,164 | 3,555 | 6,959 | 8,720 | 13,166 | 16,784 | 14,922 | 10,266 | 9,376 | 8,005 | 7,561 | |
3,396 | 3,326 | 7,207 | 8,358 | 10,459 | 9,009 | 9,043 | 9,222 | 9,600 | 11,237 | 11,197 | 11,254 | |
Total Liabilities | 20,450 | 21,367 | 23,687 | 27,516 | 32,514 | 34,687 | 38,466 | 37,102 | 33,673 | 35,251 | 35,195 | 36,281 |
6,471 | 6,426 | 9,654 | 9,625 | 10,574 | 11,684 | 18,308 | 20,162 | 19,185 | 18,732 | 18,133 | 17,664 | |
CWIP | 3,701 | 4,406 | 2,457 | 5,115 | 7,075 | 8,853 | 4,211 | 1,121 | 1,126 | 1,012 | 1,923 | 4,320 |
Investments | 1,617 | 1,934 | 1,949 | 2,421 | 2,421 | 2,824 | 3,519 | 3,622 | 3,933 | 4,196 | 4,640 | 5,092 |
8,662 | 8,601 | 9,626 | 10,354 | 12,443 | 11,326 | 12,427 | 12,197 | 9,430 | 11,311 | 10,499 | 9,205 | |
Total Assets | 20,450 | 21,367 | 23,687 | 27,516 | 32,514 | 34,687 | 38,466 | 37,102 | 33,673 | 35,251 | 35,195 | 36,281 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3,211 | 850 | 1,314 | 810 | 3,761 | 499 | 1,168 | 4,052 | 6,062 | 3,823 | 5,266 | 5,645 | |
-640 | -830 | -1,154 | -3,581 | -3,099 | -3,183 | -3,146 | -811 | -123 | -1,888 | -2,269 | -4,059 | |
-1,179 | -1,014 | -326 | 13 | -672 | 2,686 | 1,977 | -3,101 | -5,968 | -1,987 | -2,514 | -1,976 | |
Net Cash Flow | 1,392 | -993 | -166 | -2,759 | -9 | 1 | -1 | 139 | -29 | -52 | 483 | -390 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 135 | 137 | 168 | 160 | 145 | 235 | 308 | 279 | 114 | 107 | 115 | 67 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 135 | 137 | 168 | 160 | 145 | 235 | 308 | 279 | 114 | 107 | 115 | 67 |
Working Capital Days | 92 | 153 | 181 | 234 | 239 | 220 | 237 | 323 | 136 | 152 | 113 | 29 |
ROCE % | 15% | 12% | 12% | 24% | 14% | 11% | 11% | 9% | 11% | 20% | 10% | 14% |
Documents
Announcements
-
In Continuation Of Our Letter Dated 22-06-2025, Regarding Intimation Under Regulation 30 Of SEBI (LODR) Regulations 2015
18h - NLC India Renewables awarded 250 MW/500 MWh BESS projects by TNGECL, 18-month commissioning, 12-year purchase agreement.
-
In Continuation Of Our Letter Dated 22-06-2025, Regarding Intimation Under Regulation 30 Of SEBI (LODR) Regulations 2015
18h - NLC India Renewables awarded 250 MW BESS projects by TNGECL, commissioning in 18 months, 12-year purchase agreement.
- Closure of Trading Window 19h
-
NLC India Renewables Limited, A Wholly Owned Subsidiary Of NLC India Limited, Has Received A Letter Of Award From Tamil Nadu Green Energy Corporation Limited For The Development Of Three Standalone Battery Energy Storage System Projects With An Aggregate Capacity Of 250 MW/500 Mwh.
1d - NLC India Renewables awarded 250 MW/500 MWh BESS projects in Tamil Nadu under BOO model.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 4 Jun
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from nse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from nse
Concalls
-
May 2025Transcript PPT
-
Feb 2025TranscriptPPT
-
Nov 2024TranscriptPPT
-
Aug 2024TranscriptPPT
-
May 2024TranscriptNotesPPT
-
May 2024TranscriptNotesPPT
-
Feb 2024TranscriptPPT
-
Jan 2024TranscriptNotesPPT
-
Oct 2023TranscriptNotesPPT
-
Aug 2023TranscriptPPT
-
May 2023Transcript PPT
-
Nov 2022TranscriptPPT
-
Sep 2022TranscriptNotesPPT
-
Jul 2022TranscriptNotesPPT
-
Jul 2022TranscriptNotesPPT
-
Jul 2022TranscriptNotesPPT
-
Feb 2022TranscriptNotesPPT
-
Feb 2022TranscriptNotesPPT
-
Jul 2021TranscriptPPT
-
Sep 2020TranscriptPPT
-
Feb 2020TranscriptNotesPPT
-
Nov 2019TranscriptPPT
-
Aug 2019TranscriptPPT
-
May 2019TranscriptPPT
-
Mar 2019Transcript PPT
-
Nov 2018Transcript PPT
-
Sep 2018Transcript PPT
-
Mar 2018TranscriptNotesPPT
-
Dec 2017TranscriptNotesPPT
-
Jul 2017TranscriptNotesPPT
A Navaratna Company
The company is a Navratna Government corporation engaged in the fossil fuel mining sector and the thermal power generation business under the ownership of the Ministry of Coal, Government of India. [1]