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NSE NLCINDIA · BSE 513683 · Electric Utilities · NIFTY 500

NLC India Share Price

Market closed · updated 25 Sep, 4:47 PM IST
₹263.25 ▼ −₹4.42 · 1.65% NSE · as of 24 Sep 2026, 10:21 AM · BSE ₹262.70
Today's range
₹261.65Low₹266.60High
52-week range
₹230.00Low · 8 Dec 2025₹387.70High · 14 May 2026

NLC India Overview

Where the price stands, how it has moved and how it sits against its averages.

NLC India shares last traded at ₹263.25 on the NSE, down 1.65% on the day. That is 32.1% below the 52-week high of ₹387.70 and 14.5% above the 52-week low of ₹230.00. The stock trades at 13.42× earnings, below the sector average of 21.69. Its market value is ₹36,509 Cr.

Price returns

1 Day▼ −1.65%
5 Days▲ +4.60%
This month▼ −0.11%
3 Months▼ −17.88%
6 Months▼ −0.13%
This year▲ +6.75%
1 Year▼ −3.26%

Against the market: 1 Month ▲ +1.89% · 3 Months ▼ −15.50% · 6 Months ▲ +0.46% · This year ▲ +21.57% · 1 Year ▲ +6.15%

Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.

Moving averages — price is above 0 of 6

  1. 100-day average₹304.47 ▼ price 13.5% below
  2. 300-day average₹282.21 ▼ price 6.7% below
  3. 50-day average₹281.42 ▼ price 6.5% below
  4. 20-day average₹268.82 ▼ price 2.1% below
  5. 10-day average₹265.98 ▼ price 1.0% below
  6. 5-day average₹264.02 ▼ price 0.3% below
  7. Today's price₹263.25

Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.

NLC India Financial Results

Revenue and net profit in ₹ crore, with the full statements underneath.

Revenue₹ crore
17,490
Net profit₹ crore · losses below zero
3,522

Year by year

Fiscal yearRevenueGrowthNet profitNet marginEPSDividend
FY 2026 ₹17,490 Cr ▲ +14.4% ₹3,522 Cr 20.1% ₹25.40 ₹3.85
FY 2025 ₹15,283 Cr ▲ +17.6% ₹2,621 Cr 17.2% ₹18.90 ₹3.00
FY 2024 ₹12,999 Cr ▼ −19.6% ₹1,854 Cr 14.3% ₹13.37 ₹3.00
FY 2023 ₹16,165 Cr ▲ +35.3% ₹1,396 Cr 8.6% ₹10.07 ₹3.50
FY 2022 ₹11,948 Cr ▲ +21.3% ₹1,093 Cr 9.1% ₹7.88 ₹3.00
FY 2021 ₹9,846 Cr ▼ −4.6% ₹1,282 Cr 13.0% ₹9.24 ₹2.50
FY 2020 ₹10,321 Cr — ₹1,441 Cr 14.0% ₹10.39 ₹7.06

Balance sheet — FY26

Owes (liabilities)Shareholders' equity
67%
33%
  • Total assets₹65,202 Cr
  • Total liabilities₹43,678 Cr
  • Shareholders' equity₹21,525 Cr
  • Total debt₹27,892 Cr
  • Cash & investments₹713 Cr
  • Current ratio0.80×
  • Revenue growth, 5 yr12.18% a year
  • EPS growth, 5 yr22.40% a year
  • Operating margin (TTM)23.94%
  • Net margin (TTM)18.31%

Cash flow — FY26

Operating activities
▲ ₹5,166 Cr
Investing activities
▼ −₹7,549 Cr
Financing activities
▲ ₹2,907 Cr
Free cash flow
▼ −₹2,779 Cr
Net change in cash
▲ ₹525 Cr

Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.

Full financial statements, FY20–FY26
₹ croreFY20FY21FY22FY23FY24FY25FY26
Total revenue10,320.569,846.0911,947.9416,165.2412,999.0315,282.9617,489.53
Cost of revenue2,796.722,568.673,051.074,401.833,499.584,421.555,705.20
Gross profit7,523.847,277.428,896.8711,763.419,499.4510,861.4111,784.33
Operating expenses8,908.438,479.879,247.0714,096.3110,734.9112,510.9913,294.70
Operating income1,412.131,366.222,700.872,068.932,264.122,771.974,194.83
Depreciation1,341.751,637.261,944.711,835.731,865.591,920.422,388.84
Profit before tax2,345.112,223.072,603.142,055.792,881.643,696.933,875.12
Tax892.95909.031,488.01630.661,014.32983.56105.94
Net profit1,441.371,281.881,092.571,395.681,854.092,621.363,522.20
EPS (₹)10.399.247.8810.0713.3718.9025.40
Dividend per share (₹)7.062.503.003.503.003.003.85

What Analysts Say

2 analysts

Recommendations from 2 analysts who cover NLC India.

Strong Buy average rating 1.50 on a 1–5 scale

▲ 2 bullish (100.0%) · 0 hold (0.0%) · ▼ 0 bearish (0.0%)

Votes

Strong Buy
1 (50%)
Buy
1 (50%)
Hold
0 (0%)
Sell
0 (0%)
Strong Sell
0 (0%)

How the votes changed

Rating3M ago2M ago1M ago1W agoNow3-month change
Strong Buy11111 —
Buy11111 —
Hold00000 —
Sell00000 —
Strong Sell00000 —

Analyst ratings are opinions, not a guarantee of returns.

NLC India vs Peers

Side by side with other electric utilities companies. The small bars compare each column.

CompanyPriceChangeMarket capP/EP/BROE (5 yr)Net marginDiv. yieldRating
NLC India ₹263.25 ▼ −1.65% ₹36,509 Cr 13.42 1.72 12.77% 18.31% 1.44% This stock
Adani Power ₹199.60 ▼ −2.61% ₹3,84,923 Cr 32.24 6.37 33.40% 23.91% — Moderately Bearish
Power Grid Corporation of India ₹267.00 ▼ −1.26% ₹2,48,326 Cr 14.10 2.62 18.68% 40.02% 3.17% Neutral
Adani Green Energy ₹1,280.00 ▼ −1.31% ₹2,10,839 Cr 129.20 12.49 13.17% 12.14% — Moderately Bearish
Adani Energy Solutions ₹1,343.00 ▼ −2.54% ₹1,65,112 Cr 90.17 8.14 9.44% 8.49% — Moderately Bearish
Siemens Energy India ₹3,217.60 ▲ +0.11% ₹1,14,889 Cr 109.04 27.52 — 14.99% 0.12% Neutral

Rating = the data provider's overall technical view of each peer. Company names link to their own pages.

Shareholding Pattern

Who owns NLC India shares, quarter by quarter (latest on top).

PromoterFIIMFOther
Jun '26
69.5%
9.5%
16.5%
Mar '26
Dec '25
Sep '25
HolderSep '25Dec '25Mar '26Jun '26Change
Promoter72.20%72.20%72.20%69.47% ▼ −2.73 pts
FII3.25%3.22%3.61%4.62% ▲ +1.01 pts
MF9.79%9.60%9.49%9.46% ▼ −0.03 pts
Other14.76%14.98%14.70%16.45% ▲ +1.75 pts

NLC India Key Metrics

Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.

NLC IndiaBenchmarkComfortable → stretched

Valuation Is the price reasonable?

P/E (TTM)Price ÷ yearly earnings per share
13.42
▼ 38% below the sector average of 21.69
P/E, 12-month rangeLow 6.07 · high 20.46
51%
Today's P/E sits 51% of the way from its low to its high
P/BPrice ÷ book value per share
1.72
P/SPrice ÷ sales per share
2.02
P/CFPrice ÷ cash flow per share
6.29
PEGP/E ÷ earnings growth (≈1 is fair)
0.31

Profitability Of every ₹100 of sales, how much is kept?

Gross marginKept after the cost of goods
80.47%
▲ above its 5-yr average of 71.47%
Operating marginKept after running costs
23.94%
▲ above its 5-yr average of 18.95%
Pre-tax marginKept before tax
21.40%
▲ above its 5-yr average of 20.45%
Net marginKept as profit
18.31%
▲ above its 5-yr average of 14.74%

Returns & efficiency How well does it use its money?

Return on equityProfit on shareholders' money
17.50%
▲ above its 5-yr average of 12.77%
Return on assetsProfit on everything it owns
6.13%
▲ above its 5-yr average of 3.96%
Return on investmentProfit on long-term capital
7.95%
▲ above its 5-yr average of 5.00%

Growth Is the business getting bigger?

Revenue — last 12 months
+16.8%
▲ growing
Revenue — 3 yr, a year
+2.7%
▲ growing
Revenue — 5 yr, a year
+12.2%
▲ growing
EPS — last 12 months
+13.2%
▲ growing
EPS — 3 yr, a year
+36.2%
▲ growing (off the scale)
EPS — 5 yr, a year
+22.4%
▲ growing
Dividend — 3 yr, a year
+3.2%
▲ growing
Book value — 5 yr, a year
+9.8%
▲ growing

Financial strength Can it pay its bills and debts?

Debt to equityBorrowings for every ₹1 of shareholders' money
1.30×
! High debt
Current ratioShort-term assets for every ₹1 due within a year
0.80×
! Tight
Quick ratioLike the current ratio, without inventory
0.58×
! Tight
Interest coverOperating profit ÷ interest to pay
3.07×
• Adequate
Payout ratioShare of profit paid as dividend
20.08%
• Keeps most

Per share What each share stands for

EPS (TTM)
₹23.99
Book value
₹155.23
Cash flow
₹44.29
Dividend
₹3.85
Revenue
₹138.15

The share price is 1.70× the book value behind each share.

Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.

All 109 metrics from the data provider

Valuation

P/E excluding extraordinary items, most recent fiscal year10.52
Current Dividend Yield - Common Stock Primary Issue, LTM1.44
Price to Book - most recent fiscal year1.72
P/E Basic excluding extraordinary items - TTM13.42
P/E including extraordinary items - TTM11.13
P/E excluding extraordinary items low, trailing 12 months6.07
Price to Tangible Book - most fiscal year1.74
Dividend Yield - 5 Year Average1.86
Price to sales - most recent fiscal year2.12
Dividend Yield - indicated annual dividend divided by closing price1.44
Price to Cash Flow per share - trailing 12 month6.29
Peg Ratio0.31
P/E Normalized, most recent fiscal year10.75
P/E excluding extraordinary items high, trailing 12 months20.46
P/E excluding extraordinary items, most recent fiscal year quarter11.13
Price to sales - trailing 12 month2.02
Net Debt, LFY2,71,784.20

Per share

Dividend Per Share - 5 year average3.27
Cash Flow per share - trailing 12 month44.29
Cash Flow per share - most recent fiscal year44.41
EPS including extraordinary items - trailing 12 month23.99
EPS including extraordinary items - most recent fiscal year25.40
EBITD per share - trailing 12 month52.06
Revenue/share - trailing 12 month138.15
EPS excluding extraordinary items - trailing 12 month23.99
EPS Basic excluding extraordinary items - most recent fiscal year25.40
EPS Basic excluding extraordinary items - trailing 12 month23.99
Book value per share - most recent fiscal year155.23
Dividend per share - most recent fiscal year3.85
Revenue/share - most recent fiscal year126.13
EPS Normalized - most recent fiscal year24.84
Book value (tangible) per share - most recent fiscal year153.42
Dividends per share - trailing 12 month3.85
EPS excluding extraordinary items - most recent fiscal year25.40
Cash per share - most recent fiscal year5.14

Margins

Operating margin - trailing 12 month23.94
Gross Margin - 5 year average71.47
Operating margin - 1st historical fiscal year23.98
Operating Margin - 5 year average18.95
Net Profit Margin % - 1st historical fiscal year21.55
Gross Margin - 1st historical fiscal year67.38
Net Profit Margin % - trailing 12 month18.31
Net Profit Margin - 5 year average14.74
Pretax Margin - 5 year average20.45
Pretax margin - 1st historical fiscal year22.16
Pretax margin - trailing 12 month21.40
Free Operating Cash Flow/Revenue, 5 Year Average8.97
Gross Margin - trailing 12 month80.47

Growth

EPS Change %, TTM over TTM13.18
Revenue growth rate, 5 year12.18
EPS growth rate, 5 year22.40
Revenue Change % - most recent quarter 1 year ago23.29
Growth rate% - dividend, 3 year3.23
Growth rate% - EPS, 3 year36.15
Revenue/share (5 yr growth)12.18
Tangible Book Value, Total Equity, 5 Year CAGR9.96
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year Interim CAGR15.80
Capital Spending growth rate, 5 year27.89
Revenue Change %, TTM over TTM16.83
Growth rate% - Revenue, 3 year2.66
Book value per share growth rate, 5 year9.80
EPS Change % - most recent quarter 1 year ago−42.31
Net Profit Margin growth rate, 5 year10.06
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR16.45
Total Debt, 5 Year CAGR0.48

Financial strength

Net Interest coverage - most recent fiscal year3.07
Free Cash Flow - most recent fiscal year−35,149.70
LT debt/equity - most recent fiscal year1.07
Quick ratio - most recent fiscal year0.58
Payout ratio - trailing 12 month1.08
Current ratio - most recent fiscal year0.80
Total debt/total equity - most recent fiscal year1.30
Net Interest coverage - trailing 12 month3.37
Payout ratio - most recent fiscal year20.08

Returns & efficiency

Return on average equity - 5 year average12.77
Net Income/employee - trailing 12 month34,57,935.00
Revenue/employee - most recent fiscal year1,75,22,820.00
Return on investment - most recent fiscal year7.95
Return on average assets - most recent fiscal year6.13
Receivables turnover - most recent fiscal year4.66
Inventory turnover - most recent fiscal year2.72
Revenue/employee - trailing 12 month1,88,81,020.00
Return on average assets - 5 year average3.96
Net Income/employee - most recent fiscal year37,76,355.00
Asset turnover - most recent fiscal year0.28
Return on average equity - most recent fiscal year17.50
Return on investment - 5 year average5.00

Price & volume

Market Cap36,620.33
52 week Low Date8 Dec 2025
Price - 1 Day % Change0.04
Relative (S&P500) price percent change - 13 week−15.50
Avg trading volume last 10 days1.88
Price - 13 week price percent change−17.88
Price - 52 week price percent change−3.26
Avg Trading Volume Last 3 months42.53
Price - 5 Day % Change4.60
Price % Change Month To Date−0.11
Relative (S&P500) price percent change - 04 week1.89
52 week High Date14 May 2026
Price - 26 week price percent change−0.13
PDATE23 Sep 2026
Price - YTD price percent change6.75
Relative (S&P500) price percent change - 52 week6.15
NPRICE267.10
Relative (S&P500) price percent change - 26 week0.46
52 week Low230.00
52 week High387.80
Beta1.38
Relative (S&P500) price percent change - Year to Date21.57

Dividends & Corporate Events

Payouts to shareholders, splits and bonus issues, and company meetings — newest first.

Dividend per share₹ per share, by fiscal year
₹7.06
₹3.85
  • Dividend yield1.44%
  • Payout ratio20.08%
  • 5-year average dividend₹3.27 a share
  • Latest dividend₹0.25 per share · 22 Sep 2026

Corporate calendar

  • Dividend₹0.25 per share · 3% · Final dividend
  • BoardQuarterly Results
  • BoardAudited Results & Final Dividend
  • BoardQuarterly Results
  • Dividend₹3.60 per share · 36% · Interim dividend
  • BoardInterim Dividend
  • BoardQuarterly Results & Others
  • MeetingAnnual General Meeting
Show 13 older events
  • Dividend₹1.50 per share · 15% · Final dividend
  • BoardQuarterly Results & Others
  • BoardAudited Results & Final Dividend
  • Dividend₹1.50 per share · 15% · Interim dividend
  • BoardQuarterly Results, Dividend & Others
  • MeetingAnnual General Meeting
  • Dividend₹1.50 per share · 15% · Final dividend
  • Dividend₹1.50 per share · 15% · Interim dividend
  • MeetingAnnual General Meeting
  • Dividend₹2.00 per share · 20% · Final dividend
  • MeetingPostal Ballot
  • Dividend₹1.50 per share · 15% · Interim dividend
  • MeetingPostal Ballot

About NLC India

Electric Utilities

NLC India Limited is an India-based company, which is engaged in the business of mining of lignite, coal and generation of power by using lignite as well as renewable energy sources and consultancy. Its segments include Mining and Power generation. The Mining segment includes mining of lignite and coal. The Power generation segment includes generation of power and sale to power utilities across the country. It operates three opencast Lignite Mines at Neyveli in Tamil Nadu and one opencast Lignite Mine at Barsingsar in Rajasthan, with a combined mining capacity of 30.10 million Tons Per Annum (MTPA). It also operates Talabira Open Cast Mine in Odisha, with a mining capacity of 20.00 MTPA. It is operating five lignite based thermal power stations, four at Neyveli, in Tamil Nadu and one at Barsingsar, in Rajasthan with capacity of over 3,640 megawatts. The total combined mining capacity of lignite and coal for the Company is 50.10 MTPA.

Key people

  • Sanoj Kumar JhaExecutive Chairman of the Board, Managing Director
  • Prasanna Kumar AcharyaChief Financial Officer, Finance Director, Executive Director
  • Sushanta Kumar PandaCompliance Officer, Company Secretary
  • Samir SwarupExecutive Director, Director of Human Resources
  • Ashok Kumar MaliExecutive Director
  • Rajesh Pratap Singh SisodiaExecutive Director, Director - Planning, Projects and Power

Company facts

  • NSE symbolNLCINDIA
  • BSE code513683
  • ISININE589A01014
  • IndustryElectric Utilities
  • IndexNIFTY 500
  • Market cap₹36,509 Cr
  • Revenue (FY26)₹17,490 Cr
  • Net profit (FY26)₹3,522 Cr

In the News

Recent headlines about NLC India — they open on Mint in a new tab.

Stock data comes from the exchange feed via our data provider and may be delayed. It is for information only and is not a recommendation to buy or sell. See all stocks →

Frequently Asked Questions

NLC India (NSE: NLCINDIA) last traded at ₹263.25 on the NSE, down 1.65% (₹4.42) on the day, as of 24 Sep 2026, 10:21 AM. On the BSE it was ₹262.70. The day's range was ₹261.65 – ₹266.60.

NLC India's 52-week high is ₹387.70 (14 May 2026) and its 52-week low is ₹230.00 (8 Dec 2025). At ₹263.25 the share is 32.1% below its high and 14.5% above its low.

NLC India's market capitalisation is ₹36,509 Cr (₹36,509 Cr). It is part of the NIFTY 500 index.

NLC India's P/E ratio (trailing 12 months) is 13.42. The sector average is 21.69, so investors pay 38% less for each rupee of its earnings than for the average company in its sector. Its earnings per share (TTM) are ₹23.99.

NLC India shares are down 3.26% over the last year, up 6.75% so far this year, down 0.13% over 6 months, down 17.88% over 3 months. Over the last year the stock did 6.15% better than the market.

In FY26 (year to Mar 2026), NLC India reported revenue of ₹17,490 Cr (up 14.44% on the year before) and a net profit of ₹3,522 Cr. Earnings per share were ₹25.40.

Yes. NLC India's latest dividend is ₹0.25 per share (3%, final dividend), with an ex-date of 22 Sep 2026. The dividend yield is 1.44%. It has paid 8 dividends in the records shown on this page.

Of 2 analysts covering NLC India, 2 are bullish (1 strong buy, 1 buy), 0 say hold and 0 are bearish. The consensus is Strong Buy (average rating 1.50 on a scale where 1 is Strong Buy and 5 is Strong Sell). Analyst views are opinions, not a guarantee.

As of Jun 2026: Promoter 69.47%, FII 4.62%, MF 9.46%, Other 16.45%. Promoter holding fell by 2.73 percentage points from Mar 2026.

NLC India's listed peers in Electric Utilities include Adani Power, Power Grid Corporation of India, Adani Green Energy, Adani Energy Solutions, Siemens Energy India. By market capitalisation it ranks #6 of 6 in this group.