NLC India Limited

NLC India Limited (NLCINDIA) is a mid-cap Power company valued at ₹35,130 crore operating in Power Generation on the NSE and BSE.

Recent price move

NLC India Limited last traded at ₹251.25, down 2.48% on the day.

Recent developments

On 2026-09-29, NLC India and NALCO announced a joint venture to set up a 1,080 MW captive power plant, which is expected to meet NALCO’s power needs. On 2026-09-23, the company raised ₹500 crore through commercial papers to fund its expansion plans. On 2026-09-17, the company announced the cessation of its management and a joint venture with PTC India to develop green energy projects, with NLC India Renewables holding 74% of the new venture.

Financial performance

The company's business is improving, with annual revenue rising 14.1% and net profit growing 38.9% year-over-year. However, the latest quarter shows a sharp decline in net profit, falling 48.0% compared to the same quarter a year earlier, while revenue rose 23.3%.

Valuation multiples

The stock trades at 9.9 times earnings, 1.74 times book value. It yields 1.4%.

Things to watch

The company's net profit margin has risen, but the latest quarter's net profit fell 48.0% compared to the same quarter a year earlier. Promoter holding decreased by 2.73 percentage points in the quarter, and domestic institutional holding dropped by 1.03 percentage points. The stock is 37.2% below its 52-week high.

Where it stands

The company has seen strong annual growth in both revenue and net profit, but the latest quarter's net profit dropped significantly. The most notable movement is the 48.0% decline in net profit compared to the same quarter a year earlier. The stock is 37.2% below its 52-week high.

Summarised by DocStoX's model on 2026-10-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.