NLC India Limited (NLCINDIA) AI Stock Analysis

• Market Cap: ₹357.89B
• Dividend Yield: 1.17%
• Average Volume (3M): 86.57K
• Price to Earnings (P/E): 12.7
• Beta (1Y): 1.77
• Revenue Growth: 20.46%
• EPS Growth: 42.35%
• Country: IN
• Employees: 10,368
• Sector: Energy
• Sector Strength: 52
• Industry: Regulated Electric
• EPS (TTM): 6.10
• Shares Outstanding: 1,386,636,700
• 10 Day Avg. Volume: 172,431
• 30 Day Avg. Volume: 86,570
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹251.00
• Price Target Upside: -2.75% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 63 Neutral
• Price Target: ₹251.00 ▼(-2.75% Downside)

NLC India's strong financial performance, characterized by revenue growth and efficient profitability metrics, is the most significant factor in its stock score. The technical analysis suggests a neutral market position, while the valuation indicates the stock is reasonably priced. The absence of earnings call data and corporate events limits additional insights.

NLC India Limited Business Overview & Revenue Model

Company Description

NLC India Limited operates in the mining and power generation business in India. It operates in two segments, Lignite Mining and Power Generation. The company generates power through thermal, wind, and solar photo voltaic power plants. The company also mines for lignite. It operates three open cast lignite mines in Neyveli, state of Tamil Nadu with a total capacity of 28.50 MTPA; and one open cast lignite mine in Barsingsar, state of Rajasthan with a total capacity of 2.10 MTPA, as well as coal excavation from Talabira II and III coal opencast mines at Odisha with a mining capacity of 20.0 MTPA. NLC India sells its raw lignite to small scale industries for use it as fuel in their production activities. The company was formerly known as Neyveli Lignite Corporation Limited and changed its name to NLC India Limited in April 2016. The company was founded in 1956 and is based in Neyveli, India.

How the Company Makes Money

NLC India Limited generates revenue primarily through the sale of electricity generated from its lignite-based thermal power plants and renewable energy projects. The company operates several large-scale power plants, selling electricity to state utilities and distribution companies under long-term power purchase agreements. Additionally, NLC India earns income from its lignite mining operations, supplying lignite to its own thermal power stations and external customers. The diversification into renewable energy projects further provides income streams, supported by government incentives and favorable policies for sustainable energy development.

NLC India Limited Financial Statement Overview

Summary

NLC India Limited demonstrates strong revenue growth and efficient profitability metrics, with a stable balance sheet position. The company effectively manages its debt levels, but the high debt load remains a potential risk. Cash flows are generally positive, supporting ongoing operations and investments.

Income Statement

NLC India Limited has shown a strong financial performance with a notable increase in total revenue from previous periods. The gross profit margin has been consistently high, indicating efficient cost management. Net income has also increased, resulting in a strong net profit margin. However, there is volatility in EBIT and EBITDA margins, which could suggest operational challenges or fluctuations in expenses.

Balance Sheet

The company maintains a balanced debt-to-equity ratio, reflecting prudent financial leverage. The return on equity has improved, indicating better profitability for shareholders. The equity ratio is stable, suggesting a solid balance between assets and liabilities. However, the significant total debt could pose a risk if interest rates rise or cash flows decrease.

Cash Flow

NLC India has a solid operating cash flow, which covers its capital expenditure needs, leading to positive free cash flow in recent periods. However, there is a declining trend in free cash flow growth, which could affect future investment capabilities. The operating cash flow to net income ratio is robust, indicating good cash conversion efficiency.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2022	Dec 2022	Dec 2021
Income Statement
Total Revenue	152.81B	152.83B	129.99B	119.48B	141.45B	98.46B
Gross Profit	110.23B	131.98B	83.54B	81.94B	117.39B	70.93B
EBITDA	54.46B	48.40B	56.01B	55.40B	48.06B	52.11B
Net Income	26.21B	26.21B	18.54B	10.93B	13.96B	12.82B
Balance Sheet
Total Assets	578.51B	578.51B	549.42B	497.85B	530.68B	539.06B
Cash, Cash Equivalents and Short-Term Investments	3.20B	3.20B	5.65B	1.45B	33.30B	1.85B
Total Debt	224.29B	224.29B	224.15B	220.86B	223.33B	272.34B
Total Liabilities	359.07B	359.07B	355.76B	334.11B	354.42B	379.09B
Stockholders Equity	187.23B	187.23B	165.31B	141.89B	151.69B	141.00B
Cash Flow
Free Cash Flow	0.00	16.37B	23.64B	68.53B	11.58B	20.68B
Operating Cash Flow	0.00	89.77B	56.24B	77.70B	37.61B	43.90B
Investing Cash Flow	0.00	-71.60B	-31.51B	-7.63B	-20.89B	-22.12B
Financing Cash Flow	0.00	-21.96B	-19.85B	-70.25B	-17.35B	-20.37B

NLC India Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 258.10
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NLCINDIA, the sentiment is Positive. The current price of 258.1 is above the 20-day moving average (MA) of 240.50, above the 50-day MA of 237.63, and above the 200-day MA of 234.31, indicating a bullish trend. The MACD of 6.52 indicates Negative momentum. The RSI at 65.62 is Neutral, neither overbought nor oversold. The STOCH value of 81.21 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:NLCINDIA.

NLC India Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
COALINDIA	79 Outperform	2.46T	7.43	35.68%	6.74%	-1.88%	-6.67%
ADANIPOWER	71 Outperform	2.43T	19.61	22.63%	―	-1.07%	-22.35%
JSWENERGY	67 Neutral	935.23B	42.99	7.13%	0.37%	22.49%	6.11%
RPOWER	66 Neutral	201.70B	6.17	18.04%	―	-6.40%	0.00%
IOC	65 Neutral	2.06T	11.91	7.29%	2.04%	-1.95%	-45.00%
NLCINDIA	63 Neutral	₹357.89B	12.71		1.17%	20.46%	42.35%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%

NLC India Limited Corporate Events

NLC India Limited Announces 69th AGM and Key Financial Decisions

NLC India Limited has announced its 69th Annual General Meeting (AGM) scheduled for September 27, 2025, to be conducted via video conferencing. The meeting will cover the adoption of financial statements, confirmation of dividends, and re-appointment of directors. The company has set September 19, 2025, as the record date for dividend entitlement and remote e-voting. This AGM is crucial for stakeholders as it addresses key financial decisions and leadership appointments, impacting the company’s strategic direction.

NLC India Limited Announces Key Board Decisions

NLC India Limited’s Board of Directors has approved several key decisions during their recent meeting. These include the appointment of D. Hanumanta Raju & Co. as Secretarial Auditors for a five-year term, setting a record date for dividend eligibility, and scheduling the 69th Annual General Meeting. These actions are expected to streamline corporate governance and ensure shareholder engagement, reflecting the company’s commitment to regulatory compliance and stakeholder communication.

NLC India Limited Announces Key Appointments and Dividend Record Date

NLC India Limited announced the appointment of D. Hanumanta Raju & Co. as Secretarial Auditors for a five-year term, subject to shareholder approval. The company also set 19th September 2025 as the record date for determining eligible shareholders for the final dividend for the financial year 2024-25, pending shareholder approval at the upcoming AGM.

NLC India Limited Reports Robust Q1 FY 25-26 Performance

NLC India Limited reported a strong financial performance for the first quarter of FY 2025-26, with significant growth in revenue and profit. The company achieved a 48.09% increase in Profit After Tax compared to the previous year, driven by strategic investments and successful project completions, such as the dedication of a 660 MW unit at the Ghatampur Thermal Power Station and securing new mineral blocks. The company’s expansion into critical minerals mining and renewable energy projects, including a 450 MW wind-solar hybrid power project, positions it for future growth and diversification.