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NLC India Limited

NLCINDIANSE
Market snapshot · 2026-08-11 06:18 UTC

283.05

₹-2.30 (-0.81%)

MARKET CAP

₹39.25K Cr

STOCK P/E

11.9x

52W HIGH

₹387.80

52W LOW

₹222.00

BOOK VALUE

₹155.24

EPS

₹23.80

ROE

SECTOR

Materials

DEBT/EQUITY

82.00

VOLUME

12.12L

P/B RATIO

1.82x

PEG RATIO

-0.89

Sector

Materials

Themes

Metals - DiversifiedPsuPresident of India Portfolio
D
Dividend
₹352.80₹319.77₹286.75₹253.72₹220.69VolumeDDAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

NLC India is an Indian mining and power-generation company. Lignite and coal mining supply fuel, while thermal, solar, and wind plants generate electricity for distributors and industrial customers. Revenue grew 14.4% year-on-year and profit increased 34.4%, supported by stronger segment performance and compliant debt servicing. Despite higher earnings, declining margins indicate cost or tariff pressure beneath the reported growth. ROE is unavailable, while 82.0x debt-to-equity implies substantial leverage that can amplify ROE but increases refinancing and interest sensitivity. At 12.0x earnings, the stock appears discounted versus its growth rate and is reasonably valued against the sector. However, the government’s proposed 7% stake sale may pressure sentiment, while leverage and margin compression remain open risks.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for NLCINDIA.

1.00 analysts

Price Forecast

Current
₹285.35
High Target
₹390.00
▲ +36.7%
Median Target
₹390.00
▲ +36.7%
Low Target
₹390.00
▲ +36.7%
Now₹285.35High ₹390.00Median ₹390.00Low ₹390.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
1 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹237.82 - ₹380.0580%
6M₹227.38 - ₹441.2380%
12M₹220.01 - ₹561.8580%
Realized vol: +36.6% · Drift: +27.6%

Revenue Forecast

₹ Cr
Jun '26Current₹2,872.0
Sep 2026 ETrend estimate range
High₹3,012.0Base₹2,788.9Low₹2,565.8
Sep '25: ₹2,565.0 · Dec '25: ₹2,885.0 · Mar '26: ₹2,918.0 · Jun '26: ₹2,872.0 · Sep '26: ₹2,788.9 · Dec '26: ₹3,136.9
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E2,565.02,885.02,918.02,872.02,788.93,136.9
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹2.70
Sep 2026 ETrend estimate range
High₹5.17Base₹4.62Low₹4.06
Sep '25: ₹3.50 · Dec '25: ₹3.09 · Mar '26: ₹8.97 · Jun '26: ₹2.70 · Sep '26: ₹4.62 · Dec '26: ₹4.08
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E3.503.098.972.704.624.08
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
61%
Analyst Consensus
Unavailable

From 1 analysts

Mean upside+36.7%

Fundamentals

Moderate

Fundamentals institutional score is 59 using growth durability 59.1.

Valuation

Premium valuation

Valuation institutional score is 33 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Positive

Analyst View institutional score is 98 using mean target upside 36.7%; dispersion penalty 0; recommendation breadth from available consensus.

Technical Structure

Mixed Momentum

Technicals institutional score is 58 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 5 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. analyst consensus provide support, while valuation remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals ModerateValuation Premium valuationAnalyst Consensus PositiveTechnical Structure Mixed MomentumMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price390 target
Mean Upside+36.7%
Technical Score58%
Fundamental Score59%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 20.6% above historical median. Valuation is stable — currently in the strongly overvalued zone (z-score: +1.03). Confidence: 80%.

Live forward EPS implies next-12-month EPS of ₹27.00. Applying the stock's normalized valuation corridor produces a fair range of ₹235.17 to ₹276.75, with base value near ₹251.64 (-11.8% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Above normalized range

Forward EPS

₹27.00

Forward P/E

10.6x

Base Fair Value

₹251.64

Fair Range

₹235.17 - ₹276.75

Upside To Base

-11.8%

Estimate Source

Live forward EPS

Growth Estimate

-12.7%

P/E
Strongly Overvalued

5Y Average

6.92

Current

11.24

Overvalued

10.25

Undervalued

8.71

EV/EBITDA
Strongly Overvalued

5Y Average

5.28

Current

8.58

Overvalued

7.51

Undervalued

2.23

P/B
Undervalued

5Y Average

1.88

Current

1.84

Overvalued

2.17

Undervalued

1.60

Peers & Comparison

Sector: Materials · Theme: Metals - Diversified

Metals - Diversified Peers6 peers
Avg P/E: 34.1x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
VEDANTA LIMITED
VEDLMetals - Diversified
-37.3%23.2%
12.4x
Undervalued
-64% vs avg
-34.5%
JAIN RESOURCE RECYCLING L
JAINRECMetals - Diversified
+75.9%3.1%
28.9x
Fair
-15% vs avg
-2.8%
MISHRA DHATU NIGAM LTD
MIDHANIMetals - Diversified
+34.6%10.9%
62.1x
Premium
+82% vs avg
+10.6%
NMDC LTD.
NMDCMining - Iron Ore
+61.9%23.2%
10.0x
Undervalued
-71% vs avg
+20.5%
FACT LTD
FACTFertilizers & Agro Chemicals
+40.9%7.7%
-8.8%
HINDUSTAN COPPER LTD
HINDCOPPERMining - Copper
+58.1%29.8%
57.1x
Premium
+67% vs avg
+119.9%
WHY THESE PEERS

NLC INDIA LIMITED trades at a discount (11.2x vs peer avg 34.1x), suggesting potential undervaluation relative to the Metals - Diversified cohort. Peers include VEDANTA LIMITED, JAIN RESOURCE RECYCLING L, MISHRA DHATU NIGAM LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹2.87K CrJun 2026

Latest net profit

₹374 CrJun 2026

Latest EPS

₹2.70Jun 2026

Net margin

29.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%8.0%16.0%24.0%32.0%0.00 Cr750 Cr1.50K Cr2.25K Cr3.00K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr750 Cr1.50K Cr2.25K Cr3.00K Cr₹0₹3₹6₹9₹12
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr750 Cr1.50K Cr2.25K Cr3.00K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260.00 Cr9.50K Cr19.00K Cr28.50K Cr38.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +2,6012,4712,5162,9312,6472,1392,7752,7232,4962,5652,8852,9182,872
Expenses +1,6611,7461,7582,6381,7431,7422,0422,3411,9881,8442,1652,0412,044
Operating Profit940725758293904397733382508721720877828
OPM %36%29%30%10%34%19%26%14%20%28%25%30%29%
Other Income +891,5251014433185662891,200494434363889185
Interest174162156151149143136135131123132128128
Depreciation367361351363343317329379342350378382337
Profit before tax4881,7273512227315035571,0685296825731,256549
Tax %32%35%37%22%32%32%27%39%30%29%25%1%32%
Net Profit +3311,1212211734963394086563684854281,243374
EPS in Rs2.398.091.591.253.582.452.954.732.663.503.098.972.70
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +72.20%72.20%72.20%72.20%69.47%
FIIs +2.95%3.25%3.22%3.61%4.62%
DIIs +14.25%13.86%13.71%13.97%12.94%
Government +4.31%4.31%4.31%4.31%4.31%
Public +6.29%6.40%6.56%5.91%8.66%
Jun 2026
Promoters +
FIIs +
DIIs +
Government +
Public +

Events Timeline

Announcement under Regulation 30 (LODR)-Credit Rating

Aug 10, 2026PDFCompany Reports Open

Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015.

Aug 10, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 08, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Aug 07, 2026PDFCompany Reports Open

Results- Financials For Quarter Ended 30Th June, 2026.

Aug 07, 2026PDFCompany Reports Open