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NSE Close — 25 Sep 2026
₹262.55
Change
-0.7 (-0.27%)
Open
₹263.25
Prev. Close
₹263.25
Day High
₹264.0
Day Low
₹258.75
Volume Analysis
Traded
815,195
Delivered
323,574
Delivery %
39.69%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (1)
- •Strong operating margin (33.0%)
Weaknesses (2)
- •High debt-to-equity ratio (1.3)
- •Promoter holding is falling
Opportunities (2)
- •Strong 3-year EPS growth (36.1%)
- •FII holding has been rising
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹270.04 | ₹267.02 | ₹264.79 | ₹261.77 | ₹259.54 | ₹256.52 | ₹254.29 |
| Fibonacci | ₹267.02 | ₹265.01 | ₹263.78 | ₹261.77 | ₹259.76 | ₹258.53 | ₹256.52 |
| Camarilla | ₹263.99 | ₹263.51 | ₹263.03 | ₹261.77 | ₹262.07 | ₹261.59 | ₹261.11 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
+2.5%
1 Week
-1.54%
1 Month
-2.97%
3 Months
-18.46%
6 Months
-7.29%
1 Year
-6.07%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹297.63
Current price is at or below the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
14.89%
Net margin 18.32% × asset turnover 0.27x × equity multiplier 3.01x
Company Overview
Sector
Power
Market Cap
₹36,406 Cr
P/E (TTM)
11.4
ROE
11.9%
Book Value
₹155.0
Face Value
₹10.0
Source: Screener.in (Consolidated figures) — data as of 26 Sep 2026. Not investment advice.
TopFund Analysis
NLC India Limited lands in the middle of the pack on TopFund's composite fundamentals check within the Power sector, at 60/100. The strongest factor is Risk & Volatility (73/100), while Momentum (21/100) is the weakest area to weigh before deciding. Notably: Strong operating margin (33.0%); high debt-to-equity ratio (1.3); promoter holding is falling. Strong 3-year EPS growth (36.1%).
TopFund Score — Fundamentals Quality
60/100 — AverageData confidence: 79/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company has been maintaining a healthy dividend payout of 17.8%
- +Debtor days have improved from 91.2 to 69.5 days.
- −Promoter holding has decreased over last quarter: -2.73%
- −Tax rate seems low
- −Company has a low return on equity of 11.1% over last 3 years.
- −Contingent liabilities of Rs.13,000 Cr.
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Trading window closed from 30 September 2026 until 48 hours after Q2 FY2027 results.
10,000 commercial papers of ₹5 lakh each, aggregating ₹500 crore, issued and allotted on 22 September 2026.
Dr. Prasanna Kumar Acharya gets additional charge as Director (Finance) for three months from 17 Sep 2026.
NLC India appoints Dr. Prasanna Kumar Acharya as CMD for five years from 17 September 2026.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 3,316 | 2,978 | 3,164 | 3,541 | 3,376 | 3,657 | 4,411 | 3,836 | 3,826 | 4,178 | 4,443 | 5,042 | 4,717 |
| Expenses + | 2,123 | 2,143 | 2,260 | 3,208 | 2,294 | 2,644 | 3,377 | 2,975 | 2,891 | 2,779 | 3,099 | 3,268 | 3,245 |
| Operating Profit | 1,194 | 835 | 905 | 333 | 1,082 | 1,013 | 1,035 | 861 | 935 | 1,400 | 1,344 | 1,774 | 1,471 |
| OPM % | 36.0% | 28.0% | 29.0% | 9.0% | 32.0% | 28.0% | 23.0% | 22.0% | 24.0% | 34.0% | 30.0% | 35.0% | 31.0% |
| Other Income + | 112 | 1,535 | 149 | 494 | 362 | 713 | 489 | 957 | 497 | 359 | 364 | 802 | 228 |
| Interest | 231 | 214 | 205 | 199 | 189 | 180 | 237 | 325 | 299 | 289 | 269 | 364 | 382 |
| Depreciation | 461 | 455 | 446 | 462 | 433 | 413 | 458 | 581 | 539 | 548 | 597 | 695 | 666 |
| Profit before tax | 614 | 1,701 | 402 | 165 | 822 | 1,133 | 830 | 912 | 594 | 921 | 843 | 1,518 | 652 |
| Tax % | 33.0% | 36.0% | 37.0% | 31.0% | 31.0% | 13.0% | 16.0% | 49.0% | -41.0% | 21.0% | 14.0% | 2.0% | 33.0% |
| Net Profit + | 414 | 1,086 | 254 | 114 | 567 | 982 | 696 | 468 | 839 | 725 | 724 | 1,481 | 436 |
| EPS in Rs | 3 | 8 | 2 | 1 | 4 | 7 | 5 | 3 | 6 | 5 | 5 | 10 | 3 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 6,075 | 7,828 | 11,094 | 11,289 | 9,871 | 10,325 | 9,936 | 12,070 | 16,165 | 13,001 | 15,322 | 17,519 | 18,381 |
| Expenses + | 4,535 | 5,334 | 5,998 | 7,401 | 7,614 | 7,039 | 7,316 | 8,119 | 10,425 | 9,564 | 10,575 | 11,962 | 12,391 |
| Operating Profit | 1,540 | 2,494 | 5,097 | 3,887 | 2,257 | 3,286 | 2,620 | 3,951 | 5,740 | 3,438 | 4,747 | 5,558 | 5,990 |
| OPM % | 25.0% | 32.0% | 46.0% | 34.0% | 23.0% | 32.0% | 26.0% | 33.0% | 36.0% | 26.0% | 31.0% | 32.0% | 33.0% |
| Other Income + | 1,434 | -412 | -1,176 | 713 | 2,125 | 1,568 | 2,531 | 1,544 | -872 | 2,118 | 1,766 | 1,917 | 1,753 |
| Interest | 150 | 467 | 588 | 548 | 700 | 1,174 | 1,313 | 984 | 1,012 | 849 | 932 | 1,222 | 1,305 |
| Depreciation | 441 | 910 | 1,044 | 1,232 | 1,121 | 1,334 | 1,584 | 1,909 | 1,801 | 1,825 | 1,884 | 2,379 | 2,505 |
| Profit before tax | 2,383 | 705 | 2,289 | 2,821 | 2,561 | 2,345 | 2,254 | 2,603 | 2,056 | 2,882 | 3,697 | 3,875 | 3,933 |
| Tax % | 34.0% | 90.0% | -7.0% | 31.0% | 40.0% | 38.0% | 40.0% | 57.0% | 31.0% | 35.0% | 27.0% | 3.0% | — |
| Net Profit + | 1,580 | 68 | 2,457 | 1,957 | 1,537 | 1,453 | 1,345 | 1,116 | 1,426 | 1,868 | 2,714 | 3,769 | 3,367 |
| EPS in Rs | 9 | 1 | 16 | 13 | 11 | 10 | 9 | 8 | 10 | 13 | 19 | 25 | 23 |
| Dividend Payout % | 30.0% | 588.0% | 46.0% | 35.0% | 42.0% | 68.0% | 26.0% | 19.0% | 35.0% | 22.0% | 16.0% | 15.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 13,198 | 11,104 | 10,598 | 11,823 | 11,383 | 11,518 | 12,714 | 12,803 | 13,782 | 15,144 | 17,336 | 20,138 |
| Borrowings + | 6,601 | 8,423 | 11,479 | 13,215 | 20,598 | 27,230 | 27,234 | 22,086 | 22,333 | 22,415 | 22,429 | 27,892 |
| Other Liabilities + | 4,279 | 8,488 | 9,888 | 11,880 | 11,917 | 12,493 | 12,593 | 13,542 | 15,605 | 16,043 | 16,752 | 15,381 |
| Total Liabilities | 25,756 | 29,693 | 33,493 | 38,448 | 45,285 | 52,628 | 53,927 | 49,818 | 53,107 | 54,989 | 57,904 | 64,798 |
| Fixed Assets + | 6,655 | 16,327 | 15,997 | 16,765 | 17,658 | 24,109 | 26,443 | 24,875 | 24,058 | 23,391 | 30,699 | 36,596 |
| CWIP | 10,985 | 2,542 | 5,219 | 8,397 | 13,856 | 12,662 | 11,597 | 13,022 | 14,636 | 17,726 | 15,297 | 14,293 |
| Investments | 103 | 13 | 13 | 13 | 13 | 14 | 14 | 7 | 8 | 8 | 9 | 8 |
| Other Assets + | 8,014 | 10,812 | 12,265 | 13,273 | 13,759 | 15,844 | 15,874 | 11,914 | 14,405 | 13,864 | 11,898 | 13,900 |
| Total Assets | 25,756 | 29,693 | 33,493 | 38,448 | 45,285 | 52,628 | 53,927 | 49,818 | 53,107 | 54,989 | 57,904 | 64,798 |
| Equity Capital | 1,678 | 1,678 | 1,529 | 1,529 | 1,387 | 1,387 | 1,387 | 1,387 | 1,387 | 1,387 | 1,387 | 1,387 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 1,036 | 1,301 | 1,225 | 4,533 | 1,620 | 1,647 | 4,390 | 7,746 | 4,171 | 5,512 | 8,977 | 5,166 |
| Cash from Investing Activity + | -502 | -1,380 | -4,332 | -4,593 | -6,119 | -5,812 | -2,212 | -763 | -2,499 | -3,059 | -7,160 | -7,549 |
| Cash from Financing Activity + | -1,231 | 63 | -68 | 98 | 4,416 | 4,163 | -2,037 | -7,001 | -1,735 | -1,985 | -2,196 | 2,907 |
| Net Cash Flow | -696 | -16 | -3,174 | 39 | -83 | -2 | 140 | -18 | -62 | 468 | -379 | 525 |
| CFO/OP | 117 | 73 | 34 | 131 | 94 | 65 | 180 | 218 | 75 | 178 | 202 | 109 |
| Free Cash Flow | -196 | -390 | -2,998 | -104 | -4,627 | -4,246 | 2,068 | 6,832 | 1,618 | 2,357 | 1,709 | -2,474 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 6.37% | 6.44% | 7.73% | 7.48% | 6.65% | 6.17% | 5.96% | 6.29% | 6.4% | 6.56% | 5.91% | 8.66% |
| Promoters | 79.2% | 79.2% | 72.2% | 72.2% | 72.2% | 72.2% | 72.2% | 72.2% | 72.2% | 72.2% | 72.2% | 69.47% |
| Government | 4.31% | 4.31% | 4.31% | 4.31% | 4.31% | 4.31% | 4.31% | 4.31% | 4.31% | 4.31% | 4.31% | 4.31% |
| FII | 0.95% | 1.21% | 2.39% | 2.18% | 2.53% | 2.86% | 2.91% | 2.95% | 3.25% | 3.22% | 3.61% | 4.62% |
| DII | 9.18% | 8.85% | 13.38% | 13.82% | 14.29% | 14.46% | 14.63% | 14.25% | 13.86% | 13.71% | 13.97% | 12.94% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Power — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| NLC India Limited (this stock) | 36,406 | 11.4 | 1.7 | 11.9% |
| Acme Solar Holdings Ltd | 31,573 | 53.0 | 5.35 | 10.4% |
| SJVN Ltd | 24,270 | 38.0 | 1.71 | 4.58% |
| CESC Ltd | 18,956 | 12.2 | 1.51 | 12.0% |
| Clean Max Enviro En Sol L | 16,703 | 107.0 | 3.59 | 1.76% |
| Nava Limited | 15,623 | 20.6 | 1.78 | 9.33% |
| Juniper Green Energy Ltd | 15,138 | 574.0 | — | 0.43% |
Which Mutual Funds Hold NLC India Limited?
Frequently Asked Questions about NLC India Limited
NLC India Limited (NLCINDIA) closed at ₹262.55 on NSE on 25 September 2026, down 0.7 (0.27%) from the previous close.
NLC India Limited trades on the NSE (National Stock Exchange of India) under the symbol NLCINDIA.
NLC India Limited has a trailing twelve-month P/E (price-to-earnings) ratio of 11.4.
NLC India Limited has a dividend yield of 1.47%.
NLC India Limited's 52-week high is ₹388.0 and its 52-week low is ₹230.0.
NLC India Limited has a market capitalisation of ₹36,406 crore.
NLC India Limited has a TopFund Quality Score of 60/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
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