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NSE:NLCINDIA

NLC INDIA LIMITED

Power › Power·NIFTY 200NIFTY 500NIFTY LARGEMIDCAP 250NIFTY MIDCAP 100+6
₹230.70
at close · 27 Oct 2026
▲ 1.70 (+0.74%)
ThemesBatteries & Energy Storage· announcedGreen Hydrogen· announcedWind Energy· announced

Latest filings

Next results: Mon, 2 Nov · Financial Results/Dividend/Fund Raising
  1. Board to review September results and consider Rs 2,500 crore bonds · Results
  2. NLC India signs agreements for 3,200 MW Odisha power project and diversification · Compliance
  3. NLC India ESG rating upgraded from Adequate to Strong by ICRA · Credit & Debt
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates an integrated coal mining and power generation business, with FY26 segment revenue of 9,076.95 crore from Mining (52.4% of segment revenue), 7,708.38 crore from Power-Thermal (44.5%), and 553.42 crore from Power-Renewables (3.2%). The Mining segment supplies fuel to the company's own thermal plants and generated segment EBIT of 1,813.83 crore; Power-Thermal operates coal-based generation with segment EBIT of 426.68 crore; and Power-Renewables, run through wholly-owned subsidiary NLC India Renewables Limited (NIRL), recorded segment EBIT of 259.16 crore. The renewables arm is expanding with solar and hybrid projects under way in Gujarat, Uttar Pradesh, Tamil Nadu and Odisha, and the thermal business is adding new coal-based capacity through joint ventures and long-term fuel supply arrangements. The Government of India, through the Ministry of Coal, is the promoter, and the company is a Navratna Central Public Sector Enterprise. Materials made up 19.5% of FY26 revenue, employees 14.6%, other operating expenses 34.2%, and depreciation 13.6%.

Revenue mix · reported segments
Mining52.4%
Power-Thermal44.5%
Power-Renewables3.2%
Operating scale
Angul captive thermal JV with NALCO
1,080 MW (4x270 MW), 25-year PPA for 100% offtake
GUVNL solar Letter of Intent
900 MW, tariff-based competitive bidding
Jalaun solar Letter of Award
600 MW (2x300 MW) at Jalaun Solar Power Park, UP
Coal fuel tie-up with Angul plant
25-year Fuel Supply Agreement from Machhakata mine
FY26 total assets
65,202.26 crore
Who pays it
State power utilities and bulk industrial offtakers such as NALCO; upcoming solar output for GUVNL and Bundelkhand Saur Urja
Biggest cost
Materials at 19.5% of FY26 revenue
Kind of business
Asset-heavy, integrated mining and power generation
Where it sits
Navratna Central Public Sector Enterprise under the Ministry of Coal
Market Cap
₹32,648 Cr
P / E (TTM)
9.8×
EV / EBITDA
8.6×
Div Yield
2.25%
Growth
12.2%▲
Revenue 5y CAGR
PAT +22.9% · EBITDA +7.0%
Quality
7.7%·
ROCE (5y median)
ROE 9.6% (5y median) · margin 37.5%
Leverage
1.10·
Debt / Equity · moderate
Net debt ₹27,090 Cr
Revenue FY21→FY26
1.8×▲
Margin +7.9 pts
₹9,846 Cr → ₹17,490 Cr
Cash conversion
2.87×▲
Operating cash ÷ profit · 5 yrs
₹31,298 Cr on ₹10,892 Cr
Moves on a normal day
1.20%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 28 Power Generation peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#4/22
P/B#11/26
ROCE#7/29
ROE#4/26
Debt / Equity#17/26
EBITDA margin#18/24
Revenue growth#7/24
Profit growth#22/25

Scorecard

Measured from the filed financials, judged against its Power Generation peers · as of FY26 — not investment advice

Strengths
Revenue compounding 12% a year over 5 years
Profit compounding 23% a year over 5 years
Over 5 years it reported ₹10,892 Cr of profit and ₹31,298 Cr of operating cash — 2.87×
Profit is converting into cash
Concerns
Returns on capital 7.7% (5-year median)
#7 of 29 in Power Generation on the latest reported figures

Charts

How has the market priced it — with filings on the timeline?

NLCINDIA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from NLC INDIA LIMITED's filed financials and exchange disclosures

What does NLC INDIA LIMITED do?

NLC INDIA LIMITED is a Power company listed on NSE and BSE, trading under the symbol NLCINDIA.

Is NLC INDIA LIMITED profitable?

Yes. Over the trailing twelve months NLC INDIA LIMITED reported a net profit of ₹3,367 Cr on revenue of ₹18,381 Cr.

Does NLC INDIA LIMITED pay a dividend?

Yes. The dividend yield is 2.25% at the current price. It paid out 20% of its profit as dividend in FY26.

Is NLC INDIA LIMITED debt-free?

No. It reported borrowings of ₹27,802 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹27,090 Cr after cash. Debt stands at 1.10× equity. That is higher than 64% of its 26 Power Generation peers.

Is NLC INDIA LIMITED expensive compared with its peers?

On trailing P/E, NLC INDIA LIMITED ranks 4 of 22 in Power Generation — cheaper than 86% of them, against an industry median of 19.1×. This is a position, not a valuation judgement.

How much does the NLC INDIA LIMITED share price move in a day?

On a typical session NLC INDIA LIMITED moves 1.20% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are NLC INDIA LIMITED's next results?

Financial Results/Dividend/Fund Raising on Mon, 2 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track NLC INDIA LIMITED's announcements?

Every NSE and BSE filing by NLC INDIA LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.