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100% Buy

NLC India Share Price

NLCINDIA

₹269.08-₹0.76 (-0.28%) TodayLast updated on 22 Jul, 2024 | 15:59 IST
₹263.41₹276.90
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Company overview

Financial performance

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Market cap

Market Cap Switch₹38,590 Crs

Open

₹268.00

Close

₹269.84

Circuit range

₹322.89 - ₹215.26

Day range

₹263.41 - ₹276.90

Year range

₹106.00 - ₹311.80

Volume

57,37,335

Avg. traded

₹270.85

Revenue (12m)

₹12,999 Crs

NLC India

NLC India Limited has been a leading player in India’s energy sector for more than six decades. It is one of the largest entities in lignite production. The public sector company primarily operates in two segments: lignite mining and power generation. It’s a major contributor to the thermal and renewable energy requirements of the country.

NLC India Limited was incorporated in November 1956 as Neyveli Lignite Corporation Limited. It was established by the Government of India as a private limited company. In 1986, NLC India Limited was converted into a public limited company.

NLC India Limited’s market capitalisation stood at over ₹32,000 crore as of January 19, 2024. NLC share price has surged more than 330% in the last three years.

NLC India business operations

The registered office of NLC India Limited is located in Chennai. The company has expanded its presence across India, establishing operations in Tamil Nadu, Rajasthan, Uttar Pradesh, Odisha, Jharkhand, Gujarat and the Andaman and Nicobar Islands.

NLC India Limited has three primary business segments: mining operations, covering lignite and coal; power generation, encompassing thermal, solar, and wind; and power trading. The company is actively preparing to enter new business avenues such as green hydrogen and floating solar projects.

NLC India Limited operates three opencast lignite mines with a total installed capacity of 28 million tonnes per annum (MTPA) at Neyveli, Tamil Nadu. Additionally, the company manages one opencast lignite mine at Barsingsar in Rajasthan with an installed capacity of 2.1 MTPA. NLC India Limited oversees an open-cast coal mine at Talabira in Odisha, equipped with an installed capacity of 20 MTPA.

NLC India Limited operates four lignite-based pit-head thermal power stations with a combined capacity of 3390 megawatt (MW) at Neyveli. Additionally, the company manages a 250 MW lignite-based thermal power station (BTPS) at Barsingsar, Rajasthan. NLC India through its subsidiary NLC Tamil Nadu Power Limited (NTPL), a joint venture with TANGEDCO, runs a 1000 MW coal-based thermal power station in Thoothukudi.

NLC India Limited has also expanded to the renewable energy sector. The company operates 1380 MW solar power plants in various districts of Tamil Nadu and the Andaman and Nicobar Islands. The company also manages a 51 MW wind power plant in Tirunelveli district, Tamil Nadu. Notably, NLC India Limited was the first Central Public Sector Enterprise (CPSE) to surpass 1 GW capacity in solar power generation in the country, and it joined the International Solar Alliance (ISA).

NLC India Limited has incorporated a wholly owned subsidiary NLC India Renewables Limited (NIRL) to transfer all the renewable energy assets. The objective of setting up this subsidiary is to focus exclusively on renewable energy.

NLC India Limited is aiming to achieve a total renewable energy capacity of 6031MW by 2030.

Financial highlights

  • The company’s total consolidated income increased 38.5% to ₹17,383.22 crore in FY23 from ₹12,545.96 crore in FY22.
  • Its EBITDA (earnings before interest, taxes, depreciation, and amortization) stood at ₹3,912 crores in FY23 as against ₹4,529 in FY22.
  • The consolidated profit after tax (PAT) increased 28% year-on-year to ₹1,426.10 crore in FY23 from ₹1,115.65 crore in FY22.
  • Its earnings per share (EPS) stood at ₹10.28 in FY23 as against ₹8.05 in FY22.

NLC India Key indicators

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52 week high

₹311.80

52 week low

₹106.00

P/E ratio

20.68

P/B ratio

2.33

ROE

8.78%

ROCE

10.33%

Dividend yield

1.11%

Debt/Equity ratio

0.64

EPS

9

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Investment checklist: (3/6)

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Equity returns

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Dividend returns

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

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Buy

100%

Hold

0%

Sell

0%

This analysis is based on the reviews of 1 experts in the last 7 days

Fundamentals

Financial ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

47.89%

Net profit margin

9.64%

ROE

8.78%

ROA

3.56%

ROCE

10.33%

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NLC India Shareholder returns

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1 day

-3.04%

1 week

-6.22%

1 month

+14.24%

3 months

+20.52%

1 year

+129.46%

3 years

+347.87%

5 years

+341.64%

NLC India Share Price history

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DayOpenCloseDay’s change
Mon, Jul 22 2024
₹268.00
₹269.08
-0.28%
Fri, Jul 19 2024
₹274.00
₹269.84
-3.04%
Thu, Jul 18 2024
₹291.86
₹278.30
-5.04%
Tue, Jul 16 2024
₹297.25
₹293.06
-1.57%
Mon, Jul 15 2024
₹280.00
₹297.73
+6.68%
Fri, Jul 12 2024
₹288.65
₹279.08
-3.01%
Thu, Jul 11 2024
₹277.40
₹287.75
+4.03%
Wed, Jul 10 2024
₹264.50
₹276.61
+4.98%

Shareholding info

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Promoters (72.2%)

Mutual Funds (9.23%)

Retail and other (7.49%)

Foreign institutions-FII (2.18%)

Other domestic institutions (8.91%)

Promoters

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Events

Corporate actions

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  • Dividend • ₹1.5/share

    Ex date 16 Feb 2024

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  • Dividend • ₹2/share

    Ex date 18 Sep 2023

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  • Dividend • ₹1.5/share

    Ex date 24 Feb 2023

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  • Dividend • ₹1.5/share

    Ex date 21 Sep 2022

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  • Dividend • ₹1.5/share

    Ex date 14 Mar 2022

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  • Dividend • ₹1.5/share

    Ex date

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