NLC India logo

NLC India share price

NSE: NLCINDIABSE: 513683PowerMid Cap

Formerly Neyveli Lignite Corporation
Last close ₹228.50down ₹5.05 (2.16%)BSE ₹228.65

Share price at the NSE close on 23 Oct 2026. Previous close ₹233.55.

52-week range of traded prices to 23 Oct 2026
₹222.30Low, 23 Oct 2026₹387.80High, 14 May 2026
Market cap
₹31,685 Cr223rd largest listed
P/E
Owners' profit not stated
P/B
1.5
Dividend yield
1.68%
ROCE
6.8%
Debt to equity
1.10
Volume, NSE
23,67,83042.7% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−12.9%over a year

ResultsDividend20-session average 12,36,062 shares a day, 45.0% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 7 Aug

Revenue
₹4,717 Crdown 6.46%
Net profit
₹436 Crdown 70.55%
Net margin
9.3%

Revenue by year

Peak revenue ₹17,490 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 28 OctDec 2024Filed 4 FebMar 2025Filed 12 JunJun 2025Filed 7 AugSep 2025Filed 13 JanDec 2025Filed 10 FebMar 2026Filed 13 MayJun 2026Filed 7 Aug
Revenue3,6574,4113,8363,8264,1784,4435,0424,717
Net profit9826964688397257241,481436
Net margin26.9%15.8%12.2%21.9%17.3%16.3%29.4%9.3%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Power - Thermal₹14,443 Cr60.3%
  • Mining₹8,796 Crup 21.60%36.7%
  • Power - Renewables₹726 Cr3.0%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Not shown, P/E: a quarter's profit for shareholders does not agree with its own earnings per share.PE ratio and valuation history

Price to book

At or below today's level on 62% of 1,878 trading days since Nov 2018.

LowestHighest
Its median0.8Industry median1.5
EV to EBITDA9.6

At or below today's level on 39% of 1,878 trading days since Nov 2018.

LowestHighest
Its median10.8Industry median9.9
Dividend yield

At or below today's level on 27% of 2,444 trading days since Dec 2016.

LowestHighest
Its median3.82%Industry median1.79%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+11.2%+34.4%−18.3%1.4%
3 years+52.9%+36.1%+11.3%1.3%
5 years+42.4%+21.8%+14.7%2.7%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters69.47%
  • Foreign institutions4.61%
  • Indian institutions13.64%
  • Governments4.31%
  • Individuals and others7.97%
Holder
PRESIDENT OF INDIAPromoter69.47%
STATE INDUSTRIES PROMOTION CORPORATION OF TAMILNADU LTDGovernment-promoted companies1.94%
SBI LIFE INSURANCE CO. LTDInsurance companies1.68%
LIFE INSURANCE CORPORATION OF INDIA and LIFE INSURANCE CORPORATE OF INDIA P AND GS FundInsurance companies1.15%
TAMILNADU INDUSTRIAL DEVELOPMENT CORPORATION LTDGovernment-promoted companies1.08%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

118 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 77 of the 88 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings

Bought again
3
Added
53
Cut
35
Held unchanged
26
Sold out
5
Fund
Nippon India Mutual Fund logoNippon India Small Cap FundNippon India Mutual Fund2,75,87,0150.89%₹722.0 Cr
Kotak Mahindra Mutual Fund logoKotak Multi Cap FundKotak Mahindra Mutual Fund1,88,84,5871.63%₹494.2 Cr
Nippon India Mutual Fund logoNippon India Growth Mid Cap FundNippon India Mutual Fund1,78,00,0000.93%₹465.8 Cr
Nippon India Mutual Fund logoCPSE ETFNippon India Mutual Fund1,02,59,8831.44%₹268.5 Cr
Kotak Mahindra Mutual Fund logoKotak Multi Asset Allocation FundKotak Mahindra Mutual Fund91,25,2841.57%₹238.8 Cr
Nippon India Mutual Fund logoNippon India ELSS Tax Saver FundNippon India Mutual Fund74,44,1081.38%₹194.8 Cr
Nippon India Mutual Fund logoNippon India Multi Cap FundNippon India Mutual Fund72,99,3060.36%₹191.0 Cr
Kotak Mahindra Mutual Fund logoKotak Equity Savings FundKotak Mahindra Mutual Fund43,77,6011.10%₹114.6 Cr
Mirae Asset Mutual Fund logoMirae Asset Small Cap FundMirae Asset Mutual Fund37,97,3271.71%₹99.4 Cr
Nippon India Mutual Fund logoNippon India Power & Infra FundNippon India Mutual Fund24,28,2150.81%₹63.5 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Power Generation, 36 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to NLC India in market cap.

NLC India is not on the chart: it has no P/E or return on equity today

Return on equity across, P/E up, size is market cap
Company
Adani Green Energy logoAdani Green EnergyADANIGREEN1,95,207104.29.023.6+20.9%−7.1%9.1%6.3%0.00%
JSW Energy logoJSW EnergyJSWENERGY82,24141.82.715.0+35.4%−9.4%6.8%6.2%0.45%
NHPC logoNHPCNHPC70,15518.51.720.5+12.0%+24.1%9.4%3.6%2.31%
NTPC Green Energy logoNTPC Green EnergyNTPCGREEN68,430112.73.633.9––3.2%3.4%0.00%
Acme Solar Holdings logoAcme Solar HoldingsACMESOLAR26,28543.6––+47.5%–12.6%6.4%0.05%
SJVN logoSJVNSJVN18,62729.11.313.8+60.5%−7.4%4.5%5.1%3.16%
Clean Max Enviro Energy Solutions logoClean Max Enviro Energy SolutionsCLEANMAX13,823–3.0–––––0.00%
Nava logoNavaNAVA13,44717.81.58.2+9.0%−27.6%9.2%9.7%1.79%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹7.34 a share, year to Mar 2017.
Ex-dateTypePer share
22 Sep 2026Final₹0.25
20 Jan 2026Interim₹3.60
19 Sep 2025Final₹1.50
7 Feb 2025Interim₹1.50
17 Sep 2024Final₹1.50
16 Feb 2024Interim₹1.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

NLC India share price by year

Each calendar year to 2025.NLC India share price history

YearClose at year endChangeHighest closeLowest close
2025250.22+0.6%285.32194.28
2024248.80−1.8%297.73202.15
2023253.45+194.4%253.4571.90
202286.10+38.8%93.4556.50
202162.05+12.7%77.8046.60
202055.05−3.7%62.0039.30
201957.15−17.9%79.1051.25
201869.65−36.5%111.9566.55
2017109.60+43.8%120.4577.95
201676.20−6.7%83.5062.40
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026234.90235.60222.30228.50227.0123,67,83042.7%
22 Oct 2026236.40238.60231.00233.55233.348,58,80940.0%
21 Oct 2026245.80245.80232.50238.65237.1618,13,69746.3%
19 Oct 2026252.05252.45243.60244.35247.635,75,93549.2%
16 Oct 2026251.35256.55248.00253.35253.769,31,78042.3%
15 Oct 2026257.65257.65250.05251.30252.7312,16,03653.6%
14 Oct 2026245.35258.25243.65257.65254.2023,34,97439.4%
13 Oct 2026244.05245.70240.50245.35243.076,55,86846.5%
12 Oct 2026244.00246.70243.35244.60244.835,23,30643.8%
9 Oct 2026242.95245.90239.50243.55243.288,07,88840.3%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Buyback and offer for sale history

Ex-dateEventPrice factorWhat happened
22 Jan 2008Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
21 Jan 2008Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
Each event is noted and not adjusted for.

About NLC India

NLC India Limited is a Navratna enterprise under the Ministry of Coal, Government of India. It mines lignite and coal, generates electricity from thermal, solar and wind plants, and has begun work in battery energy storage, critical minerals and green hydrogen. It is the country's largest lignite producer, accounting for close to half of national output.

The business has three parts. Mining has a sanctioned capacity of 50.10 million tonnes a year (MTPA), made up of 30.10 MTPA of lignite and 20 MTPA of coal. The lignite operations are at Neyveli and Barsingsar, and the coal mines are at Talabira in Odisha and Pachwara South in Jharkhand. Thermal power stands at 6,620 MW of installed capacity, of which 3,640 MW sits directly with the company and 2,980 MW with its joint venture companies, NLC Tamil Nadu Power Limited and Neyveli Uttar Pradesh Power Limited. Renewable power in operation is 1,785 MW, and NLC India Renewables Limited, a wholly owned subsidiary, anchors this business.

The company operates across 10 states and one Union Territory. Its corporate office is at Neyveli in Tamil Nadu and its registered office is at Chennai. The thermal stations at Neyveli and Barsingsar sit beside its own lignite mines, so the fuel is raised close to the plant. It also has a joint venture with Coal India Limited, called Coal Lignite Urja Vikas Private Limited.

NLC India was incorporated in 1956 to develop lignite reserves at Neyveli. Its promoter is the President of India, acting through the Ministry of Coal, Government of India. A promoter is the person or group that set up a company or controls it.

Legal name
NLC India Limited
NSE symbol
NLCINDIA
BSE code
513683
ISIN
INE589A01014
Industry
Power
Listed
Aug 2000
Face value
₹10
Former symbols
NEYVELILIG
CIN
L93090TN1956GOI003507
Corporate identity number, the registrar of companies' code for it