View ValuationNLC India 향후 성장Future 기준 점검 1/6NLC India (는) 각각 연간 3.1% 및 11.6% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 3.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 14.3% 로 예상됩니다.핵심 정보3.1%이익 성장률3.15%EPS 성장률Renewable Energy 이익 성장18.7%매출 성장률11.6%향후 자기자본이익률14.30%애널리스트 커버리지Low마지막 업데이트20 May 2026최근 향후 성장 업데이트Price Target Changed • May 20Price target increased by 28% to ₹390Up from ₹304, the current price target is provided by 1 analyst. New target price is 10% above last closing price of ₹354. Stock is up 48% over the past year. The company is forecast to post earnings per share of ₹23.80 for next year compared to ₹25.40 last year.Major Estimate Revision • May 21Consensus EPS estimates increase by 12%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from ₹185.1b to ₹182.0b. EPS estimate rose from ₹17.40 to ₹19.50. Net income forecast to grow 11% next year vs 18% growth forecast for Renewable Energy industry in India. Consensus price target of ₹304 unchanged from last update. Share price rose 3.5% to ₹239 over the past week.Price Target Changed • Aug 15Price target increased by 23% to ₹318Up from ₹259, the current price target is provided by 1 analyst. New target price is 23% above last closing price of ₹258. Stock is up 106% over the past year. The company is forecast to post earnings per share of ₹14.30 for next year compared to ₹13.47 last year.Major Estimate Revision • Aug 15Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₹158.6b to ₹149.8b. EPS estimate also fell from ₹16.40 per share to ₹14.30 per share. Net income forecast to grow 5.0% next year vs 22% growth forecast for Renewable Energy industry in India. Consensus price target up from ₹259 to ₹318. Share price was steady at ₹258 over the past week.Major Estimate Revision • May 22Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₹176.8b to ₹158.6b. EPS estimate fell from ₹17.00 to ₹16.40 per share. Net income forecast to grow 23% next year vs 15% growth forecast for Renewable Energy industry in India. Consensus price target up from ₹253 to ₹259. Share price rose 5.1% to ₹241 over the past week.Major Estimate Revision • Feb 17Consensus revenue estimates fall by 24%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₹176.8b to ₹135.1b. EPS estimate fell from ₹21.30 to ₹14.50 per share. Net income forecast to grow 3.3% next year vs 10% growth forecast for Renewable Energy industry in India. Consensus price target up from ₹200 to ₹281. Share price was steady at ₹254 over the past week.모든 업데이트 보기Recent updatesPrice Target Changed • May 20Price target increased by 28% to ₹390Up from ₹304, the current price target is provided by 1 analyst. New target price is 10% above last closing price of ₹354. Stock is up 48% over the past year. The company is forecast to post earnings per share of ₹23.80 for next year compared to ₹25.40 last year.내러티브 업데이트 • May 19513683: Stable Outlook As Board Decisions And Assumption Shifts Shape Future RepricingAnalysts have reset their price target for NLC India to ₹324, reflecting updates to key assumptions on the discount rate, revenue growth, profit margins, and future P/E expectations. What's in the News Board meeting scheduled for May 13, 2026, at 16:30 IST to review audited standalone and consolidated financial results for the quarter and year ended March 31, 2026 (company filing).Reported Earnings • May 15Full year 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2026 results: EPS: ₹25.40 (up from ₹18.90 in FY 2025). Revenue: ₹184.7b (up 21% from FY 2025). Net income: ₹35.2b (up 34% from FY 2025). Profit margin: 19% (up from 17% in FY 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) exceeded analyst estimates by 26%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Renewable Energy industry in India. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.New Risk • May 15New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.공시 • May 06NLC India Limited to Report Q4, 2026 Results on May 13, 2026NLC India Limited announced that they will report Q4, 2026 results on May 13, 2026내러티브 업데이트 • Apr 27513683: Stable Outlook As Energy Partnership And Steady Assumptions Guide Future RepricingAnalysts have kept their fair value estimate for NLC India steady at ₹324.0 per share, with only small tweaks to assumptions such as discount rate, revenue growth, profit margin and future P/E feeding into the unchanged price target. What's in the News NLC India signed an MoU with National Aluminium Company (NALCO), a Navratna CPSE under the Ministry of Mines, to work together on thermal and renewable energy projects.내러티브 업데이트 • Apr 10513683: Interim Dividend Will Support Future Repricing PotentialAnalysts have kept their fair value estimate for NLC India steady at ₹324, citing largely unchanged assumptions around discount rate, revenue growth, profit margin and forward P/E. Taken together, these factors support a consistent view of the company’s valuation.내러티브 업데이트 • Mar 27513683: Interim Dividend And Renewable Listing Plan Will Support RepricingAnalysts have kept the price target for NLC India broadly unchanged at around ₹324, reflecting only marginal tweaks to underlying assumptions such as discount rate, revenue growth, profit margin and future P/E estimates. What's in the News NLC India signed an MoU with National Aluminium Company (NALCO), a Navratna CPSE under the Ministry of Mines, to work together on thermal and renewable energy projects, with scope for a potential joint venture company (Key Developments).내러티브 업데이트 • Mar 13513683: Interim Dividend And Renewable Listing Plan Will Drive RepricingAnalysts have kept their price target for NLC India broadly unchanged at around ₹324, as only minor tweaks to assumptions on discount rate, revenue growth, profit margin and future P/E contribute to a largely stable valuation view. What's in the News NLC India signed an MoU with National Aluminium Company (NALCO), a Navratna CPSE under the Ministry of Mines, to work together on thermal and renewable energy projects, with potential for a future joint venture company (Key Developments).내러티브 업데이트 • Feb 26513683: Interim Dividend And Renewable Listing Will Support Future Bullish RepricingAnalysts have kept their fair value estimate for NLC India steady at ₹324. They have, however, slightly adjusted assumptions such as the discount rate, revenue growth, profit margin and future P/E, which together influence their updated price target narrative.내러티브 업데이트 • Feb 11513683: Interim Dividend And Renewable Listing Plan Will Support Bullish RepricingAnalysts have revised their price target on NLC India to ₹324 from ₹304, citing updated assumptions around revenue growth, profit margins, and future P/E expectations in their valuation work. What's in the News A board meeting is scheduled on Feb 10, 2026 to consider and approve the unaudited financial results for the quarter and nine months ended Dec 31, 2025 (Key Developments).Reported Earnings • Feb 11Third quarter 2026 earnings released: EPS: ₹5.22 (vs ₹5.02 in 3Q 2025)Third quarter 2026 results: EPS: ₹5.22. Revenue: ₹44.4b (flat on 3Q 2025). Net income: ₹6.66b (flat on 3Q 2025). Profit margin: 15% (in line with 3Q 2025). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Renewable Energy industry in India.공시 • Feb 05NLC India Limited to Report Q3, 2026 Results on Feb 10, 2026NLC India Limited announced that they will report Q3, 2026 results on Feb 10, 2026공시 • Jan 16NLC India Limited Appoints Shri Mangat Ram Sharma As Part-Time Official Director, Effective January 16, 2026NLC India Limited has announced the appointment of Shri Mangat Ram Sharma as the Part-time Official Director of the Company with effect from January 16, 2026 and until further orders. The Ministry of Coal, Government of India, vide its Letter No. 21/3/2011-ASO/ESTT-Part(1) [FTS-344343] dated January 16, 2026, has appointed Shri Mangat Ram Sharma (DIN: 01367512), as the Part-time Official Director on the Board of NLC India Limited. Shri Mangat Ram Sharma is a senior IAS officer of the 1992 batch belonging to the Tamil Nadu cadre, presently serving as Additional Chief Secretary (ACS), Public Works Department (PWD), Government of Tamil Nadu. He is also holding full Additional Charge of the post of Principal Secretary, Energy Department, Government of Tamil Nadu. Shri Mangat Ram Sharma is not related to any of the Directors of the Company.Upcoming Dividend • Jan 16Upcoming dividend of ₹3.60 per shareEligible shareholders must have bought the stock before 20 January 2026. Payment date: 11 February 2026. Payout ratio is a comfortable 7.9% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (2.0%).Reported Earnings • Oct 31Second quarter 2026 earnings released: EPS: ₹5.23 (vs ₹7.08 in 2Q 2025)Second quarter 2026 results: EPS: ₹5.23 (down from ₹7.08 in 2Q 2025). Revenue: ₹41.8b (up 14% from 2Q 2025). Net income: ₹6.65b (down 27% from 2Q 2025). Profit margin: 16% (down from 25% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Renewable Energy industry in India. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth.공시 • Oct 21NLC India Limited to Report Q2, 2026 Results on Oct 29, 2025NLC India Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Oct 29, 2025공시 • Sep 30NLC India Limited Approves Final Dividend for the Financial Year 2024-25NLC India Limited announced that at the AGM held on 27 September, 2025, approved to declare the Final Dividend @ INR 1.50 per equity share {15%) for the Financial Year 2024-25.Declared Dividend • Sep 04Dividend of ₹1.50 announcedDividend of ₹1.50 is the same as last year. Ex-date: 19th September 2025 Payment date: 27th October 2025 Dividend yield will be 1.3%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 4.2% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • Sep 02NLC India Limited, Annual General Meeting, Sep 27, 2025NLC India Limited, Annual General Meeting, Sep 27, 2025, at 15:00 Indian Standard Time.New Risk • Aug 08New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.공시 • Aug 02NLC India Limited to Report Q1, 2026 Results on Aug 07, 2025NLC India Limited announced that they will report Q1, 2026 results on Aug 07, 2025Major Estimate Revision • May 21Consensus EPS estimates increase by 12%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from ₹185.1b to ₹182.0b. EPS estimate rose from ₹17.40 to ₹19.50. Net income forecast to grow 11% next year vs 18% growth forecast for Renewable Energy industry in India. Consensus price target of ₹304 unchanged from last update. Share price rose 3.5% to ₹239 over the past week.공시 • May 20NLC India Limited Recommends Final Dividend for the Financial Year 2024-25Board of Directors of NLC India Limited at their meeting held on 19 May, 2025 have, considered and approved the recommendation of Final Dividend of 15.00% (i.e. INR 1.50 per equity share) for the Financial Year 2024-25, subject to C&AG Audit and approval of Members at the ensuing Annual General Meeting. The details of closure of Register of Members and Share Transfer Books/Record date and date on which the said Final dividend shall be paid/dispatched will be intimated in due course after fixing the date of Annual General Meeting.공시 • May 13NLC India Limited to Report Q4, 2025 Results on May 19, 2025NLC India Limited announced that they will report Q4, 2025 results on May 19, 2025새로운 내러티브 • Feb 23I Anticipate Joint Ventures In Rajasthan And Assam Will Diversify Future Energy Mix Strategic expansions in thermal, coal, and renewable energies are expected to diversify NLCIL's energy mix and enhance revenue streams. Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹224, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Renewable Energy industry in India. Total returns to shareholders of 309% over the past three years.Declared Dividend • Feb 05Dividend of ₹1.50 announcedShareholders will receive a dividend of ₹1.50. Ex-date: 7th February 2025 Payment date: 4th March 2025 Dividend yield will be 1.3%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 26% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 04Third quarter 2025 earnings released: EPS: ₹5.02 (vs ₹1.83 in 3Q 2024)Third quarter 2025 results: EPS: ₹5.02 (up from ₹1.83 in 3Q 2024). Revenue: ₹44.1b (up 39% from 3Q 2024). Net income: ₹6.68b (up 167% from 3Q 2024). Profit margin: 15% (up from 7.9% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Renewable Energy industry in India. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 03Nlc India Limited Announces Promotion of Cheruku Dayanand as an Executive DirectorNLC India Limited informed that Shri Cheruku Dayanand has been promoted as an Executive Director (Senior Management Personnel) of the Company with effect from February 1, 2025. Reason for Change: Departmental Promotion to the post of Executive Director. Terms of appointment: As per extant Company Rules. Shri Cheruku Dayanand is a Mining Engineer and also holds First Class Mine Manager Certificate. He is having 33 years of experience in coal and lignite mining and mine planning, project execution, statutory compliance, and technological advancements in mining. He holds various positions in Public and Private sectors. He is associated with the Company from the year 2020.공시 • Jan 31NLC India Limited Announces Cessation of B Surianarayanan as Executive DirectorNLC India Limited announced that Shri B Surianarayanan ceased to be Executive Director (Senior Management Personnel) of the Company on January 31, 2025 on attaining the age of superannuation.공시 • Jan 29NLC India Limited to Report Q3, 2025 Results on Feb 03, 2025NLC India Limited announced that they will report Q3, 2025 results on Feb 03, 2025공시 • Jan 02NLC India Limited Announces Resignation of R. Udhayashankar from the Position of Company Secretary & Compliance Officer, Effective from the Close of the Business Hours on 10Th February, 2025NLC India Limited announced that R. Udhayashankar has tendered his resignation from the position of Company Secretary & Compliance Officer of the Company, in order to pursue an alternate career opportunity outside the organization. He will be relieved from the services of the Company effective from the close of the business hours on 10th February, 2025. Date of cessation is February.Reported Earnings • Oct 26Second quarter 2025 earnings released: EPS: ₹7.08 (vs ₹7.83 in 2Q 2024)Second quarter 2025 results: EPS: ₹7.08 (down from ₹7.83 in 2Q 2024). Revenue: ₹43.7b (up 47% from 2Q 2024). Net income: ₹9.12b (down 16% from 2Q 2024). Profit margin: 21% (down from 36% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Renewable Energy industry in India. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.공시 • Oct 21NLC India Limited to Report Q2, 2025 Results on Oct 25, 2024NLC India Limited announced that they will report Q2, 2025 results on Oct 25, 2024공시 • Sep 27NLC India Limited Approves Final Dividend for the Financial Year 2023-2024NLC India Limited announced that at the AGM held on 25 September, 2024 approved the final dividend of INR 1.50 per equity share for the financial year 2023-2024.Declared Dividend • Sep 04Dividend reduced to ₹1.50Dividend of ₹1.50 is 25% lower than last year. Ex-date: 18th September 2024 Payment date: 25th October 2024 Dividend yield will be 1.1%, which is lower than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 13% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • Sep 03NLC India Limited, Annual General Meeting, Sep 25, 2024NLC India Limited, Annual General Meeting, Sep 25, 2024, at 15:00 Indian Standard Time.Price Target Changed • Aug 15Price target increased by 23% to ₹318Up from ₹259, the current price target is provided by 1 analyst. New target price is 23% above last closing price of ₹258. Stock is up 106% over the past year. The company is forecast to post earnings per share of ₹14.30 for next year compared to ₹13.47 last year.Major Estimate Revision • Aug 15Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₹158.6b to ₹149.8b. EPS estimate also fell from ₹16.40 per share to ₹14.30 per share. Net income forecast to grow 5.0% next year vs 22% growth forecast for Renewable Energy industry in India. Consensus price target up from ₹259 to ₹318. Share price was steady at ₹258 over the past week.Reported Earnings • Aug 08First quarter 2025 earnings released: EPS: ₹4.09 (vs ₹2.98 in 1Q 2024)First quarter 2025 results: EPS: ₹4.09 (up from ₹2.98 in 1Q 2024). Revenue: ₹36.4b (up 9.8% from 1Q 2024). Net income: ₹5.59b (up 38% from 1Q 2024). Profit margin: 15% (up from 12% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Renewable Energy industry in India. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 06NLC India Limited Announces Promotion of ExecutiveNLC India Limited announced promotion of Senior Management Personnel. Particulars; Shri Hariramakrishnan N, Departmental Promotion Committee has recommended to the post of Executive Director, Shri N. Hariramakrishnan, is a Post Graduate in Commerce (M.Com), an Associate Member of the Institute of Cost Accountants of India (AICMAI), has completed Company Secretary ship Intermediate and holds a Post Graduate Certification Program in Valuation from ICMAI (PGCPV). Prior to joining NLC India Limited he has worked in Hindustan Copper Ltd, Hindustan Aeronautics Ltd. and NTPC. He has vast experience of 20 years in Audit Department and Fund Raising. Over the past 8 years at NLC India Ltd, he was instrumental in raising domestic loans totaling about INR 25,000 crores to fund various projects including NUPPL, NNTPP, NTPL, and multiple solar projects. Shri Anbuchelvan B, Departmental Promotion Committee has recommended to the post of Executive Director, Shri B. Anbuchelvan, is an engineer with a Bachelor's degree in Mining, PG diploma in Ecology and Environment, MBA degree in Human Resource Management (HRM) and M.Tech in Mine Planning. He additionally holds a First Class Mines Manager's competency certificate (Coal) from the Directorate General of Mines Safety. Prior to joining NLC India Limited he worked in Western Coalfields Limited of Coal India Limited. He has extensive experience of more than 30 years in the Mining field. In addition to his existing assignments, he also function as CEO of NLC India Renewables Limited (NIRL) a wholly owned subsidiary of NLCIL. Shri Rajmohan S; Departmental Promotion Committee has recommended to the post of Executive Director, Shri. S. Rajmohan is an engineer with a Bachelor's degree in Mining and MBA in Marketing Management. He has Obtained First class Mines Manager Certificate of Competency under Coal Mines Regulations under the aegis of Director General of Mines Safety. He holds vast experience of 30 years in the Mining field. Prior to joining NLC India Limited he worked in South Eastern Coal Fields Limited. He has served in Barsingsar project in Rajasthan, as Project Manager in South Pachwara Coal Block, Dumka and as Unit Head of Mine-I, Mine-II and Mine-IA. Shri Surianarayanan B; Departmental Promotion Committee has recommended to the post of Executive Director, Shri Surianarayanan B is an engineer with a Bachelor's degree in Mechanical Engineering and Master of Science in Information Technology. He joined as a Graduate Engineer Trainee and has over 35 years of extensive experience in NLC India Limited. He has worked in various departments/divisions of NLCIL with key responsiblity in Leading thermal power operations, maintenance, and commissioning of large-scale power projects and Implementing environmental projects such as Flue Gas Desulfurization (FGD) systems. Shri Venkata Suryanaraya Murthy D; Shri Venkata Suryanaraya Murthy D is a Legal Officer holding Integrated Bachelor's degree in Law, M. A (Public Administration), Diploma in Industrial Relations and Personnel Management and P.G Diploma in Environment Studies. Prior to joining NLC India Limited he has Practiced as Advocate for about 13 years at Andhra Pradesh in the areas of Civil, Criminal, Labour and Service matters. He also functioned as a Law Officer in Union Bank of India in the States of Odisha,Jharkhand and Andhra Pradesh. He has rich experience in the Corporate Legal Matters and on the issues like, Disciplinary procedure, & legal issues, how to conduct the Domestic Inquiry proceedings, Right to Information Act and Legal aspects in Contract Management etc.공시 • Jul 29NLC India Limited to Report Q1, 2025 Results on Aug 07, 2024NLC India Limited announced that they will report Q1, 2025 results at 3:30 PM, Indian Standard Time on Aug 07, 2024Valuation Update With 7 Day Price Move • Jun 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹235, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 21x in the Renewable Energy industry in India. Total returns to shareholders of 318% over the past three years.Major Estimate Revision • May 22Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₹176.8b to ₹158.6b. EPS estimate fell from ₹17.00 to ₹16.40 per share. Net income forecast to grow 23% next year vs 15% growth forecast for Renewable Energy industry in India. Consensus price target up from ₹253 to ₹259. Share price rose 5.1% to ₹241 over the past week.Reported Earnings • May 17Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: ₹13.47 (up from ₹10.07 in FY 2023). Revenue: ₹139.5b (down 14% from FY 2023). Net income: ₹18.5b (up 33% from FY 2023). Profit margin: 13% (up from 8.6% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 6.5%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Renewable Energy industry in India. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 16NLC India Limited Recommends Final Dividend for the Financial Year 2023-2024The board of directors of NLC India Limited meeting held on May 15, 2024, recommended final dividend of 15.00% (i.e., INR 1.50 per equity share) for the Financial Year 2023-24, subject to C&AG Audit and approval of Members in the upcoming Annual General Meeting.공시 • May 08NLC India Limited to Report Q4, 2024 Results on May 15, 2024NLC India Limited announced that they will report Q4, 2024 results on May 15, 2024공시 • Mar 26NLC India Limited Announces Resignation of M T Ramesh, Independent DirectorNLC India Limited announced that Shri M T Ramesh has tendered his resignation as an Independent Director of the Company with effect from 25th March, 2024. Consequently, he shall also cease to be member/chairman of the respective committees of the Board of Directors with effect from the aforesaid date.공시 • Feb 29NLC India Limited Announces Cessation of G. Srinivas to Be Executive Director (Senior Management Personnel)NLC India Limited announced that Shri G. Srinivas ceased to be Executive Director (Senior Management Personnel) of the Company on attaining the age of superannuation with effect from 29th February, 2024 A.N.Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹254, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the Renewable Energy industry in India. Total returns to shareholders of 453% over the past three years.Major Estimate Revision • Feb 17Consensus revenue estimates fall by 24%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₹176.8b to ₹135.1b. EPS estimate fell from ₹21.30 to ₹14.50 per share. Net income forecast to grow 3.3% next year vs 10% growth forecast for Renewable Energy industry in India. Consensus price target up from ₹200 to ₹281. Share price was steady at ₹254 over the past week.New Risk • Feb 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.6% average weekly change). Minor Risks High level of debt (109% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Upcoming Dividend • Feb 09Upcoming dividend of ₹1.50 per share at 1.4% yieldEligible shareholders must have bought the stock before 16 February 2024. Payment date: 06 March 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.4%. Within top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (1.8%).공시 • Feb 08NLC India Limited Announces Cessation of Shri Mukesh Agrawal as Executive Director (Senior Management Personnel)NLC India Limited announced that Shri Mukesh Agrawal ceased to be Executive Director (Senior Management Personnel) of the company. Shri Mukesh Agrawal has been relieved from the services of company with effect from February 07, 2024 and is permitted to maintain lien with the company for the period of his appointment in Board Level post upto a period of five years.공시 • Feb 07NLC India Limited Announces Shri N Franklin Jayakumar ceased as Executive DirectorNLC India Limited announced that Shri N Franklin Jayakumar has been relieved from the services as Executive Director with effect from 07th February, 2024 and is permitted to maintain lien with the company for the period of his appointment in Board Level post upto a period of five years.Reported Earnings • Feb 07Third quarter 2024 earnings released: EPS: ₹1.83 (vs ₹2.86 loss in 3Q 2023)Third quarter 2024 results: EPS: ₹1.83 (up from ₹2.86 loss in 3Q 2023). Revenue: ₹32.5b (down 12% from 3Q 2023). Net income: ₹2.50b (up ₹6.57b from 3Q 2023). Profit margin: 7.7% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Renewable Energy industry in India. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 06+ 1 more updateNLC India Limited Declares Interim Dividend for the Financial Year 2023-24, Payable on or Before March 6, 2024NLC India Limited announced that the Board of Directors at their meeting held on 6th February, 2024 approved the declaration of an Interim Dividend of 15% (i.e. INR 1.50 per equity share) for the Financial Year 2023-24. The Record Date for the purpose of ascertaining the members entitled for Interim Dividend for the Fiscal Year 2023-24 has been fixed as 16th February, 2024. It is further informed that the said interim dividend will be paid to eligible shareholders on or before 06th March, 2024.공시 • Jan 31+ 1 more updateNLC India Limited to Report Q3, 2024 Results on Feb 06, 2024NLC India Limited announced that they will report Q3, 2024 results on Feb 06, 2024공시 • Jan 16+ 1 more updateNLC India Limited Announces the Resignation of Suresh Chandra Suman as Chief Financial OfficerThe Board of Directors of NLC India Limited at its Board Meeting held on December 30, 2022 has designated Shri Suresh Chandra Suman, Director (Finance) (Additional Charge) as Chief Financial Officer (CFO) of the Company till the joining of the regular incumbent to the post. Therefore, Shri Suresh Chandra Suman ceases to be CFO of the Company effective from January 15, 2024.Valuation Update With 7 Day Price Move • Dec 26Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹251, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Renewable Energy industry in India. Total returns to shareholders of 417% over the past three years.Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹142, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 12x in the Renewable Energy industry in India. Total returns to shareholders of 228% over the past three years.Reported Earnings • Oct 28Second quarter 2024 earnings released: EPS: ₹7.83 (vs ₹3.01 in 2Q 2023)Second quarter 2024 results: EPS: ₹7.83 (up from ₹3.01 in 2Q 2023). Revenue: ₹32.3b (down 7.3% from 2Q 2023). Net income: ₹10.8b (up 164% from 2Q 2023). Profit margin: 34% (up from 12% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.공시 • Oct 19NLC India Limited to Report Q2, 2024 Results on Oct 26, 2023NLC India Limited announced that they will report Q2, 2024 results on Oct 26, 2023Upcoming Dividend • Sep 11Upcoming dividend of ₹2.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 18 September 2023. Payment date: 26 October 2023. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.8%. Within top quartile of Indian dividend payers (1.3%). In line with average of industry peers (2.6%).공시 • Sep 03NLC India Limited, Annual General Meeting, Sep 26, 2023NLC India Limited, Annual General Meeting, Sep 26, 2023, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements including Consolidated Financial Statements of the Company for the Financial Year ended 31 March, 2023, together with the Reports of the Board of Directors and Auditor's thereon; to appoint a Director in place of Shri K. Mohan Reddy, who retires by rotation & being eligible, offers himself for reappointment; to consider the appointment of Shri M. Venkatachalam as Director (Power) of the Company; and to consider other matters.공시 • Aug 10NLC India Limited Promotes Shri K. Satya Prasad as Executive DirectorNLC India Limited announced Shri K. Satya Prasad promoted as Executive Director, order dated August 09, 2023 and promotion effective from July 29, 2023. Term of appointment: As per the extant policy from time to time. He holds a degree in B.Tech (Civil Engineering). He joined NLCIL in the year 1986 as GET Civil and served in various job roles & Positions in the Thermal PowerStations at Neyveli, Barsingsar and Talabira. He has also served as Unit head of Central Technical Offices and of MM Complex. Currently, he is working as Project Head of NLC Talabira Thermal Project, Odisha.공시 • Aug 01Nlc India Limited Announces Resignation of Nedungkeeran R as Executive Director (Senior Management Personnel)NLC India Limited informed that Shri Nedungkeeran R ceased to be Executive Director (Senior Management Personnel) of the Company on attaining the age of superannuation with effect from closing hours of 31st July, 2023.Reported Earnings • Jul 31First quarter 2024 earnings released: EPS: ₹2.98 (vs ₹4.10 in 1Q 2023)First quarter 2024 results: EPS: ₹2.98 (down from ₹4.10 in 1Q 2023). Revenue: ₹33.2b (down 14% from 1Q 2023). Net income: ₹4.05b (down 28% from 1Q 2023). Profit margin: 12% (down from 14% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings.Reported Earnings • May 20Full year 2023 earnings released: EPS: ₹10.28 (vs ₹7.88 in FY 2022)Full year 2023 results: EPS: ₹10.28 (up from ₹7.88 in FY 2022). Revenue: ₹173.8b (up 46% from FY 2022). Net income: ₹14.0b (up 28% from FY 2022). Profit margin: 8.0% (down from 9.1% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.공시 • May 20NLC India Limited Recommends Final Dividend for the Financial Year Ended 31 March, 2023Board of Directors of NLC India Limited at its meeting held on May 19, 2023, have recommended a final dividend @ 20% i.e., INR 2.00 per equity share for the financial year ended 31 March, 2023, subject to C&AG Audit and approval of Members in the upcoming Annual General Meeting. The details of closure of Register of Members and Share Transfer Books and the date on which the above final dividend shall be paid/dispatched will be intimated in due course after fixing the date of Annual General Meeting.공시 • May 13NLC India Limited to Report Q4, 2023 Results on May 19, 2023NLC India Limited announced that they will report Q4, 2023 results on May 19, 2023공시 • Feb 17NLC India Limited Plans to Setup Another Coal Based Pit Head Thermal Power Project of 2400 MW (3 X 800 MW) at Talabira, Jharsuguda Dist., OdishaNLC India Ltd, has also planned to setup another Coal based Pit Head Thermal Power Project of 2400 MW (3 x 800 MW) at Talabira, Jharsuguda Dist., Odisha. For this project also, entire power has been tied up with Ministry of Power's Power Allocation Order dated February 15, 2023 (Tamil Nadu 1500 MW, Union Territory of Pondicherry 100 MW, Kerala 400 MW and Odisha 400 MW). A Single package EPC Tender for this project has already been floated and techno commercial evaluation of bids are in advanced stage of completion.Upcoming Dividend • Feb 17Upcoming dividend of ₹1.50 per share at 3.8% yieldEligible shareholders must have bought the stock before 24 February 2023. Payment date: 14 March 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Indian dividend payers (1.6%). In line with average of industry peers (3.9%).공시 • Feb 14NLC India Limited Declares Interim Dividend for the Financial Year 2022-23, Payable on or Before March 14, 2023NLC India Limited at its board meeting held on February 13, 2023 declared an Interim Dividend of 15.00% (i.e., INR 1.50 per equity share) for the Financial Year 2022-23. Further, in compliance of Regulation 42 of SEBI LODR, it is hereby informed that 24th February, 2023 has been fixed as the RECORD DATE for the purpose of ascertaining the members for entitlement of the above declared Interim Dividend for the Fiscal Year 2022-23. It is further informed that the above interim dividend will be paid to the eligible Shareholders on or before 14th March, 2023.Reported Earnings • Feb 14Third quarter 2023 earnings released: EPS: ₹6.83 (vs ₹1.66 in 3Q 2022)Third quarter 2023 results: EPS: ₹6.83. Revenue: ₹39.8b (up 46% from 3Q 2022). Net loss: ₹4.07b (down 276% from profit in 3Q 2022).공시 • Feb 01NLC India Limited to Report Q3, 2023 Results on Feb 13, 2023NLC India Limited announced that they will report Q3, 2023 results on Feb 13, 2023공시 • Jan 13+ 1 more updateNLC India Limited Appoints Prasanna Kumar Motupalli as Managing DirectorNLC India Limited informed that Ministry of Coal (MoC) vide its letter No.21/14/2022-ESTABLISHMENT dated January 6, 2023, has conveyed the approval of President of India for the appointment of Shri Prasanna Kumar Motupalli as Chairman and Managing Director (CMD) of the Company with effect from the date of his assumption or until further orders, whichever is earliest, subject to the terms & conditions of his appointment. Pursuant to the said MoC letter, Shri Prasanna Kumar Motupalli assumed the charge of Chairman and Managing Director of the Company with effect from January 12, 2023. Further, Shri K Mohan Reddy, Director (Planning & Projects) & Director (HR) AC, who was holding the additional charge of Chairman-cum-Managing Director has handed over the charge of CMD to Shri M Prasanna Kumar with effect from January 12, 2023. Shri Prasanna Kumar Motupalli, has assumed charge as Chairman and Managing Director on January 12, 2023. He is a Gold Medalist in Mechanical Engineer from Andhra /Nagarjuna University. He also holds Managerial qualifications viz MBA in four specializations, Operations Management, Marketing Management, Financial Management and Human Resources Management. He is topper of Energy auditor examination of Bureau of Energy Efficiency, GOI and also Certified Level-D exam holder of International Project Management Association (IPMA). Also, he is a Fellow Member of the Institute of Engineers. Prior to assuming charge as CMD/NLCIL, he was Managing Director of Gujarat State Electricity Corporation Ltd. (GSECL), the generation arm of State-Owned Gujarat Urja Vikas Nigam Ltd. (GUVNL) from November 04, 2020. Prior to joining GSECL, he was an Executive Director, heading vertical of NTPC (Corporate Fuel Management). He also been as Director of CNUPL (CIL NTPC Urja Pvt. Ltd.) and also as the Joint Managing Director of (MGCL) MahaGuj Collieries Limited. He was Chairperson of Western Region Power Committee (WRPC) for the year 2021-22. Shri. M. Prasanna Kumar began his career as Executive Trainee with NTPC in the year 1988 and has an illustrious career spanning over 34 years in the Power sector and Coal. He is also the winner of the Institution of Engineers (India) ‘Best Journal Award’ and NTPC Management Journal ‘Horizon Best Article Award’. He is recipient of three Power Excel Awards and many Meritorious Awards in his career progression and also appreciation from Government of Gujarat for outstanding performance.공시 • Jan 01NLC India Limited Appoints Suresh Chandra Suman as Chief Financial OfficerNLC India Limited at its board meeting held on December 30, 2022, designated Shri Suresh Chandra Suman, Director (Mines), as Chief Financial Officer (CFO) of the company, effective from January 1, 2023, who was entrusted with Additional Charge of Director (Finance) by Ministry of Coal, effective from January 1, 2023 for a period of six months or till the appointment of a regular incumbent to the post or until further orders, whichever is earliest. Reason for change: Director (Finance) Additional Charge designated as CFO of the Company. Dr. Suresh Chandra Suman has assumed charge as Director (Mines) of NLC India Limited on May 11, 2022. He is a Mining Engineer, graduated with distinction from the reputed Bihar Institute of Technology, Sindri, Jharkhand. Dr. S C Suman holds a Doctorate in Coal Mining Safety from IIT (Indian School of Mines), Dhanbad. He also holds a First Class Mine Manager Competency Certificate (Coal) from the Directorate General of Mines Safety and a Post Graduate Diploma in Human Resource Management from IGNOU. Dr. S C Suman started his career in Coal India Limited serving for 26 years and joined NLCIL in 2016. He held various responsible positions in CIL and NLCIL that include Manager of the Mines for 8 years and Agent of the Mines for 7 years. He was instrumental in NLCIL's venturing into coal mining by successfully awarding the work order for Greenfield project Talabira II & III OCP (20 MTPA coal mining project) in Odisha and Pachwara South Coal Block (11.5 MTPA) in Jharkhand. He implemented Talabira II & III OCP (20 MTPA) Project within timeline. Dr. S C Suman hails from Koderma, Jharkhand and is a visionary leader and strategist, experienced in Greenfield and Brownfield Mining projects, MDO Contracts, Projects & Planning, Contract Management, Underground and Opencast Mining.Valuation Update With 7 Day Price Move • Dec 26Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₹77.30, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 13x in the Renewable Energy industry in India. Total returns to shareholders of 71% over the past three years.공시 • Dec 01NLC India Limited Announces Company Secretary and Compliance Officer ChangesNLC India Limited announced that Shri K. Viswanath, Company Secretary & Compliance Officer of the company has opted for Voluntary early Exit Schemeand relinquished his office on 30 November, 2022 closing of Business Hours. Further the Board of Directors of the company has designated Shri R. Udhayashankar, Deputy Chief Manager /Secretarial, as Company Secretary & Compliance Officer of the Company with effect from 1 December, 2022. Shri R. Udhayashankar is Law Graduate and Fellow Member of the Institute of Company Secretaries of India (ICSI). He is also an Associate Member of Institute of Cost Accountants of India. He also holds Post Graduate Degree in Personnel Management & Industrial Relations and Post Graduate Diploma in Human Resource Management. He has an extensive experience over 14 years in Legal, Secretarial and Compliance Management domain.Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: ₹3.01 (vs ₹1.42 in 2Q 2022)Second quarter 2023 results: EPS: ₹3.01 (up from ₹1.42 in 2Q 2022). Revenue: ₹34.9b (up 13% from 2Q 2022). Net income: ₹4.11b (up 121% from 2Q 2022). Profit margin: 12% (up from 6.0% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Board Change • Nov 16Less than half of directors are independentThere are 8 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 8 new directors. 1 experienced director. 1 highly experienced director. 4 independent directors (6 non-independent directors). Chairman & MD Rakesh Kumar is the most experienced director on the board, commencing their role in 2012. Non-Official Part-time Independent Director M. Ramesh was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • Nov 13Second quarter 2023 earnings released: EPS: ₹3.01 (vs ₹1.42 in 2Q 2022)Second quarter 2023 results: EPS: ₹3.01 (up from ₹1.42 in 2Q 2022). Revenue: ₹35.8b (up 16% from 2Q 2022). Net income: ₹4.11b (up 121% from 2Q 2022). Profit margin: 12% (up from 6.0% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.공시 • Nov 05NLC India Limited to Report Q2, 2023 Results on Nov 11, 2022NLC India Limited announced that they will report Q2, 2023 results on Nov 11, 2022공시 • Oct 04NLC India Limited Approves Declaration of Final Dividend for the Financial Year 2021-22NLC India Limited approved that the Interim Dividend @15% INR 1.50 per equity share paid and the Final Dividend @15% (INR 1.50 per equity share) recommended by the Board of Directors of the Company, aggregating to 30% (% 3.00 per equity share) on the paid-up share capital of INR 1386,63,66,090/- of the Company be and is hereby declared as the Dividend for the Financial Year 2021-22.Upcoming Dividend • Sep 14Upcoming dividend of ₹1.50 per shareEligible shareholders must have bought the stock before 21 September 2022. Payment date: 29 October 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (3.5%).공시 • Sep 08NLC India Limited, Annual General Meeting, Sep 29, 2022NLC India Limited, Annual General Meeting, Sep 29, 2022, at 15:00 Indian Standard Time. Agenda: To consider and adopt the Audited Financial Statements including Consolidated Financial Statements of the Company for the Financial Year ended 31 March, 2022, together with the Board's Report and the Auditor's Report thereon; to consider the Interim Dividend; to appoint a Director in the place of Shri Ramesh Chand Meena (DIN 08009394), who retires by rotation & being eligible, offers himself for reappointment; to consider & ratify the remuneration fixed to the Cost Auditors of the Company for the Financial Year 2022-23; and such other business issues.Reported Earnings • Aug 14First quarter 2023 earnings released: EPS: ₹4.10 (vs ₹2.58 in 1Q 2022)First quarter 2023 results: EPS: ₹4.10 (up from ₹2.58 in 1Q 2022). Revenue: ₹39.7b (up 31% from 1Q 2022). Net income: ₹5.62b (up 62% from 1Q 2022). Profit margin: 14% (up from 12% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.공시 • Aug 03NLC India Limited to Report Q1, 2023 Results on Aug 12, 2022NLC India Limited announced that they will report Q1, 2023 results on Aug 12, 2022공시 • Jul 23+ 1 more updateNLC India Limited Announces Cessation of Jaikumar Srinivasan as Chief Financial OfficerNLC India Limited announced that Shri Jaikumar Srinivasan has relinquished from the post of Chief Financial Officer of the Company with effect from 21st July, 2022 (FN), consequent to his appointment as Director (Finance), NTPC Limited.공시 • Jul 12NLC India Limited Appoints V Muralidhar Goud and Shri N K Narayanan Namboothiri as Independent DirectorsNLC India Limited informed that in terms of letter dated 10 July, 2019, of Ministry of Coal, Dr. V Muralidhar Goud and Shri N K Narayanan Namboothiri who were appointed as Independent Directors for a period of 3 years have relinquished the Directorship with effect from 10 July 2022 on expiry of the tenure.Reported Earnings • Jun 02Full year 2022 earnings released: EPS: ₹8.05 (vs ₹9.47 in FY 2021)Full year 2022 results: EPS: ₹8.05 (down from ₹9.47 in FY 2021). Revenue: ₹119.5b (up 21% from FY 2021). Net income: ₹10.9b (down 17% from FY 2021). Profit margin: 9.1% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.공시 • May 31NLC India Limited Recommends Final Dividend for the Financial Year Ended March 31, 2022NLC India Limited at its board meeting held on May 30, 2022, recommended a final dividend at 15% i.e., INR 1.50 per equity share for the financial year ended March 31, 2022, subject to C&AG Audit and approval of Members.이익 및 매출 성장 예측BSE:513683 - 애널리스트 향후 추정치 및 과거 재무 데이터 (INR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수3/31/2028233,76237,4248,99487,19413/31/2027217,20832,95717,88179,93313/31/2026184,66935,222-27,78951,661N/A12/31/2025162,83126,107N/AN/AN/A9/30/2025162,51526,1282,17487,499N/A6/30/2025157,30428,595N/AN/AN/A3/31/2025152,83026,21416,36989,771N/A12/31/2024150,54322,536N/AN/AN/A9/30/2024138,07318,35917,08660,424N/A6/30/2024131,29720,088N/AN/AN/A3/31/2024130,01318,54123,44355,125N/A12/31/2023145,92525,695N/AN/AN/A9/30/2023151,07119,12414,86448,922N/A6/30/2023156,18812,386N/AN/AN/A3/31/2023163,02513,95715,68041,713N/A12/31/2022141,1718,940N/AN/AN/A9/30/2022131,69915,31935,68945,402N/A6/30/2022127,74413,067N/AN/AN/A3/31/2022119,47910,92668,29177,461N/A12/31/2021117,01615,174N/AN/AN/A9/30/2021111,84714,57470,93896,588N/A6/30/2021101,83613,230N/AN/AN/A3/31/202198,46112,81920,67843,897N/A12/31/2020100,75910,474N/AN/AN/A9/30/2020106,03612,749-19,61515,396N/A6/30/2020109,37414,912N/AN/AN/A3/31/2020103,20614,414-42,48016,468N/A12/31/201997,14614,271N/AN/AN/A9/30/201996,57513,750N/AN/AN/A6/30/201995,15514,407N/AN/AN/A3/31/201998,70915,077N/A16,201N/A3/31/2018112,88419,428N/A45,334N/A3/31/2017111,85724,470N/A12,253N/A3/31/201678,757856N/A13,005N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 513683 의 연간 예상 수익 증가율(3.1%)이 saving rate(6.9%) 미만입니다.수익 vs 시장: 513683 의 연간 수익(3.1%)이 Indian 시장(16.3%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 513683 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 513683 의 수익(연간 11.6%)이 Indian 시장(연간 10.8%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 513683 의 수익(연간 11.6%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 513683의 자본 수익률은 3년 후 14.3%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YUtilities 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 20:02종가2026/05/22 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스NLC India Limited는 5명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Rajesh Majumdar360 ONE Capital Market Private LimitedBharat ParekhBofA Global ResearchVijay MadunalaFirstCall Research2명의 분석가 더 보기
Price Target Changed • May 20Price target increased by 28% to ₹390Up from ₹304, the current price target is provided by 1 analyst. New target price is 10% above last closing price of ₹354. Stock is up 48% over the past year. The company is forecast to post earnings per share of ₹23.80 for next year compared to ₹25.40 last year.
Major Estimate Revision • May 21Consensus EPS estimates increase by 12%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from ₹185.1b to ₹182.0b. EPS estimate rose from ₹17.40 to ₹19.50. Net income forecast to grow 11% next year vs 18% growth forecast for Renewable Energy industry in India. Consensus price target of ₹304 unchanged from last update. Share price rose 3.5% to ₹239 over the past week.
Price Target Changed • Aug 15Price target increased by 23% to ₹318Up from ₹259, the current price target is provided by 1 analyst. New target price is 23% above last closing price of ₹258. Stock is up 106% over the past year. The company is forecast to post earnings per share of ₹14.30 for next year compared to ₹13.47 last year.
Major Estimate Revision • Aug 15Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₹158.6b to ₹149.8b. EPS estimate also fell from ₹16.40 per share to ₹14.30 per share. Net income forecast to grow 5.0% next year vs 22% growth forecast for Renewable Energy industry in India. Consensus price target up from ₹259 to ₹318. Share price was steady at ₹258 over the past week.
Major Estimate Revision • May 22Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₹176.8b to ₹158.6b. EPS estimate fell from ₹17.00 to ₹16.40 per share. Net income forecast to grow 23% next year vs 15% growth forecast for Renewable Energy industry in India. Consensus price target up from ₹253 to ₹259. Share price rose 5.1% to ₹241 over the past week.
Major Estimate Revision • Feb 17Consensus revenue estimates fall by 24%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₹176.8b to ₹135.1b. EPS estimate fell from ₹21.30 to ₹14.50 per share. Net income forecast to grow 3.3% next year vs 10% growth forecast for Renewable Energy industry in India. Consensus price target up from ₹200 to ₹281. Share price was steady at ₹254 over the past week.
Price Target Changed • May 20Price target increased by 28% to ₹390Up from ₹304, the current price target is provided by 1 analyst. New target price is 10% above last closing price of ₹354. Stock is up 48% over the past year. The company is forecast to post earnings per share of ₹23.80 for next year compared to ₹25.40 last year.
내러티브 업데이트 • May 19513683: Stable Outlook As Board Decisions And Assumption Shifts Shape Future RepricingAnalysts have reset their price target for NLC India to ₹324, reflecting updates to key assumptions on the discount rate, revenue growth, profit margins, and future P/E expectations. What's in the News Board meeting scheduled for May 13, 2026, at 16:30 IST to review audited standalone and consolidated financial results for the quarter and year ended March 31, 2026 (company filing).
Reported Earnings • May 15Full year 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2026 results: EPS: ₹25.40 (up from ₹18.90 in FY 2025). Revenue: ₹184.7b (up 21% from FY 2025). Net income: ₹35.2b (up 34% from FY 2025). Profit margin: 19% (up from 17% in FY 2025). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) exceeded analyst estimates by 26%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Renewable Energy industry in India. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • May 15New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Paying a dividend despite having no free cash flows.
공시 • May 06NLC India Limited to Report Q4, 2026 Results on May 13, 2026NLC India Limited announced that they will report Q4, 2026 results on May 13, 2026
내러티브 업데이트 • Apr 27513683: Stable Outlook As Energy Partnership And Steady Assumptions Guide Future RepricingAnalysts have kept their fair value estimate for NLC India steady at ₹324.0 per share, with only small tweaks to assumptions such as discount rate, revenue growth, profit margin and future P/E feeding into the unchanged price target. What's in the News NLC India signed an MoU with National Aluminium Company (NALCO), a Navratna CPSE under the Ministry of Mines, to work together on thermal and renewable energy projects.
내러티브 업데이트 • Apr 10513683: Interim Dividend Will Support Future Repricing PotentialAnalysts have kept their fair value estimate for NLC India steady at ₹324, citing largely unchanged assumptions around discount rate, revenue growth, profit margin and forward P/E. Taken together, these factors support a consistent view of the company’s valuation.
내러티브 업데이트 • Mar 27513683: Interim Dividend And Renewable Listing Plan Will Support RepricingAnalysts have kept the price target for NLC India broadly unchanged at around ₹324, reflecting only marginal tweaks to underlying assumptions such as discount rate, revenue growth, profit margin and future P/E estimates. What's in the News NLC India signed an MoU with National Aluminium Company (NALCO), a Navratna CPSE under the Ministry of Mines, to work together on thermal and renewable energy projects, with scope for a potential joint venture company (Key Developments).
내러티브 업데이트 • Mar 13513683: Interim Dividend And Renewable Listing Plan Will Drive RepricingAnalysts have kept their price target for NLC India broadly unchanged at around ₹324, as only minor tweaks to assumptions on discount rate, revenue growth, profit margin and future P/E contribute to a largely stable valuation view. What's in the News NLC India signed an MoU with National Aluminium Company (NALCO), a Navratna CPSE under the Ministry of Mines, to work together on thermal and renewable energy projects, with potential for a future joint venture company (Key Developments).
내러티브 업데이트 • Feb 26513683: Interim Dividend And Renewable Listing Will Support Future Bullish RepricingAnalysts have kept their fair value estimate for NLC India steady at ₹324. They have, however, slightly adjusted assumptions such as the discount rate, revenue growth, profit margin and future P/E, which together influence their updated price target narrative.
내러티브 업데이트 • Feb 11513683: Interim Dividend And Renewable Listing Plan Will Support Bullish RepricingAnalysts have revised their price target on NLC India to ₹324 from ₹304, citing updated assumptions around revenue growth, profit margins, and future P/E expectations in their valuation work. What's in the News A board meeting is scheduled on Feb 10, 2026 to consider and approve the unaudited financial results for the quarter and nine months ended Dec 31, 2025 (Key Developments).
Reported Earnings • Feb 11Third quarter 2026 earnings released: EPS: ₹5.22 (vs ₹5.02 in 3Q 2025)Third quarter 2026 results: EPS: ₹5.22. Revenue: ₹44.4b (flat on 3Q 2025). Net income: ₹6.66b (flat on 3Q 2025). Profit margin: 15% (in line with 3Q 2025). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Renewable Energy industry in India.
공시 • Feb 05NLC India Limited to Report Q3, 2026 Results on Feb 10, 2026NLC India Limited announced that they will report Q3, 2026 results on Feb 10, 2026
공시 • Jan 16NLC India Limited Appoints Shri Mangat Ram Sharma As Part-Time Official Director, Effective January 16, 2026NLC India Limited has announced the appointment of Shri Mangat Ram Sharma as the Part-time Official Director of the Company with effect from January 16, 2026 and until further orders. The Ministry of Coal, Government of India, vide its Letter No. 21/3/2011-ASO/ESTT-Part(1) [FTS-344343] dated January 16, 2026, has appointed Shri Mangat Ram Sharma (DIN: 01367512), as the Part-time Official Director on the Board of NLC India Limited. Shri Mangat Ram Sharma is a senior IAS officer of the 1992 batch belonging to the Tamil Nadu cadre, presently serving as Additional Chief Secretary (ACS), Public Works Department (PWD), Government of Tamil Nadu. He is also holding full Additional Charge of the post of Principal Secretary, Energy Department, Government of Tamil Nadu. Shri Mangat Ram Sharma is not related to any of the Directors of the Company.
Upcoming Dividend • Jan 16Upcoming dividend of ₹3.60 per shareEligible shareholders must have bought the stock before 20 January 2026. Payment date: 11 February 2026. Payout ratio is a comfortable 7.9% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (2.0%).
Reported Earnings • Oct 31Second quarter 2026 earnings released: EPS: ₹5.23 (vs ₹7.08 in 2Q 2025)Second quarter 2026 results: EPS: ₹5.23 (down from ₹7.08 in 2Q 2025). Revenue: ₹41.8b (up 14% from 2Q 2025). Net income: ₹6.65b (down 27% from 2Q 2025). Profit margin: 16% (down from 25% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Renewable Energy industry in India. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Oct 21NLC India Limited to Report Q2, 2026 Results on Oct 29, 2025NLC India Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Oct 29, 2025
공시 • Sep 30NLC India Limited Approves Final Dividend for the Financial Year 2024-25NLC India Limited announced that at the AGM held on 27 September, 2025, approved to declare the Final Dividend @ INR 1.50 per equity share {15%) for the Financial Year 2024-25.
Declared Dividend • Sep 04Dividend of ₹1.50 announcedDividend of ₹1.50 is the same as last year. Ex-date: 19th September 2025 Payment date: 27th October 2025 Dividend yield will be 1.3%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (14% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 4.2% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • Sep 02NLC India Limited, Annual General Meeting, Sep 27, 2025NLC India Limited, Annual General Meeting, Sep 27, 2025, at 15:00 Indian Standard Time.
New Risk • Aug 08New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
공시 • Aug 02NLC India Limited to Report Q1, 2026 Results on Aug 07, 2025NLC India Limited announced that they will report Q1, 2026 results on Aug 07, 2025
Major Estimate Revision • May 21Consensus EPS estimates increase by 12%, revenue downgradedThe consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast fell from ₹185.1b to ₹182.0b. EPS estimate rose from ₹17.40 to ₹19.50. Net income forecast to grow 11% next year vs 18% growth forecast for Renewable Energy industry in India. Consensus price target of ₹304 unchanged from last update. Share price rose 3.5% to ₹239 over the past week.
공시 • May 20NLC India Limited Recommends Final Dividend for the Financial Year 2024-25Board of Directors of NLC India Limited at their meeting held on 19 May, 2025 have, considered and approved the recommendation of Final Dividend of 15.00% (i.e. INR 1.50 per equity share) for the Financial Year 2024-25, subject to C&AG Audit and approval of Members at the ensuing Annual General Meeting. The details of closure of Register of Members and Share Transfer Books/Record date and date on which the said Final dividend shall be paid/dispatched will be intimated in due course after fixing the date of Annual General Meeting.
공시 • May 13NLC India Limited to Report Q4, 2025 Results on May 19, 2025NLC India Limited announced that they will report Q4, 2025 results on May 19, 2025
새로운 내러티브 • Feb 23I Anticipate Joint Ventures In Rajasthan And Assam Will Diversify Future Energy Mix Strategic expansions in thermal, coal, and renewable energies are expected to diversify NLCIL's energy mix and enhance revenue streams.
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹224, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 17x in the Renewable Energy industry in India. Total returns to shareholders of 309% over the past three years.
Declared Dividend • Feb 05Dividend of ₹1.50 announcedShareholders will receive a dividend of ₹1.50. Ex-date: 7th February 2025 Payment date: 4th March 2025 Dividend yield will be 1.3%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 26% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 04Third quarter 2025 earnings released: EPS: ₹5.02 (vs ₹1.83 in 3Q 2024)Third quarter 2025 results: EPS: ₹5.02 (up from ₹1.83 in 3Q 2024). Revenue: ₹44.1b (up 39% from 3Q 2024). Net income: ₹6.68b (up 167% from 3Q 2024). Profit margin: 15% (up from 7.9% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Renewable Energy industry in India. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 03Nlc India Limited Announces Promotion of Cheruku Dayanand as an Executive DirectorNLC India Limited informed that Shri Cheruku Dayanand has been promoted as an Executive Director (Senior Management Personnel) of the Company with effect from February 1, 2025. Reason for Change: Departmental Promotion to the post of Executive Director. Terms of appointment: As per extant Company Rules. Shri Cheruku Dayanand is a Mining Engineer and also holds First Class Mine Manager Certificate. He is having 33 years of experience in coal and lignite mining and mine planning, project execution, statutory compliance, and technological advancements in mining. He holds various positions in Public and Private sectors. He is associated with the Company from the year 2020.
공시 • Jan 31NLC India Limited Announces Cessation of B Surianarayanan as Executive DirectorNLC India Limited announced that Shri B Surianarayanan ceased to be Executive Director (Senior Management Personnel) of the Company on January 31, 2025 on attaining the age of superannuation.
공시 • Jan 29NLC India Limited to Report Q3, 2025 Results on Feb 03, 2025NLC India Limited announced that they will report Q3, 2025 results on Feb 03, 2025
공시 • Jan 02NLC India Limited Announces Resignation of R. Udhayashankar from the Position of Company Secretary & Compliance Officer, Effective from the Close of the Business Hours on 10Th February, 2025NLC India Limited announced that R. Udhayashankar has tendered his resignation from the position of Company Secretary & Compliance Officer of the Company, in order to pursue an alternate career opportunity outside the organization. He will be relieved from the services of the Company effective from the close of the business hours on 10th February, 2025. Date of cessation is February.
Reported Earnings • Oct 26Second quarter 2025 earnings released: EPS: ₹7.08 (vs ₹7.83 in 2Q 2024)Second quarter 2025 results: EPS: ₹7.08 (down from ₹7.83 in 2Q 2024). Revenue: ₹43.7b (up 47% from 2Q 2024). Net income: ₹9.12b (down 16% from 2Q 2024). Profit margin: 21% (down from 36% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Renewable Energy industry in India. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Oct 21NLC India Limited to Report Q2, 2025 Results on Oct 25, 2024NLC India Limited announced that they will report Q2, 2025 results on Oct 25, 2024
공시 • Sep 27NLC India Limited Approves Final Dividend for the Financial Year 2023-2024NLC India Limited announced that at the AGM held on 25 September, 2024 approved the final dividend of INR 1.50 per equity share for the financial year 2023-2024.
Declared Dividend • Sep 04Dividend reduced to ₹1.50Dividend of ₹1.50 is 25% lower than last year. Ex-date: 18th September 2024 Payment date: 25th October 2024 Dividend yield will be 1.1%, which is lower than the industry average of 1.3%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 13% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • Sep 03NLC India Limited, Annual General Meeting, Sep 25, 2024NLC India Limited, Annual General Meeting, Sep 25, 2024, at 15:00 Indian Standard Time.
Price Target Changed • Aug 15Price target increased by 23% to ₹318Up from ₹259, the current price target is provided by 1 analyst. New target price is 23% above last closing price of ₹258. Stock is up 106% over the past year. The company is forecast to post earnings per share of ₹14.30 for next year compared to ₹13.47 last year.
Major Estimate Revision • Aug 15Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₹158.6b to ₹149.8b. EPS estimate also fell from ₹16.40 per share to ₹14.30 per share. Net income forecast to grow 5.0% next year vs 22% growth forecast for Renewable Energy industry in India. Consensus price target up from ₹259 to ₹318. Share price was steady at ₹258 over the past week.
Reported Earnings • Aug 08First quarter 2025 earnings released: EPS: ₹4.09 (vs ₹2.98 in 1Q 2024)First quarter 2025 results: EPS: ₹4.09 (up from ₹2.98 in 1Q 2024). Revenue: ₹36.4b (up 9.8% from 1Q 2024). Net income: ₹5.59b (up 38% from 1Q 2024). Profit margin: 15% (up from 12% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Renewable Energy industry in India. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 06NLC India Limited Announces Promotion of ExecutiveNLC India Limited announced promotion of Senior Management Personnel. Particulars; Shri Hariramakrishnan N, Departmental Promotion Committee has recommended to the post of Executive Director, Shri N. Hariramakrishnan, is a Post Graduate in Commerce (M.Com), an Associate Member of the Institute of Cost Accountants of India (AICMAI), has completed Company Secretary ship Intermediate and holds a Post Graduate Certification Program in Valuation from ICMAI (PGCPV). Prior to joining NLC India Limited he has worked in Hindustan Copper Ltd, Hindustan Aeronautics Ltd. and NTPC. He has vast experience of 20 years in Audit Department and Fund Raising. Over the past 8 years at NLC India Ltd, he was instrumental in raising domestic loans totaling about INR 25,000 crores to fund various projects including NUPPL, NNTPP, NTPL, and multiple solar projects. Shri Anbuchelvan B, Departmental Promotion Committee has recommended to the post of Executive Director, Shri B. Anbuchelvan, is an engineer with a Bachelor's degree in Mining, PG diploma in Ecology and Environment, MBA degree in Human Resource Management (HRM) and M.Tech in Mine Planning. He additionally holds a First Class Mines Manager's competency certificate (Coal) from the Directorate General of Mines Safety. Prior to joining NLC India Limited he worked in Western Coalfields Limited of Coal India Limited. He has extensive experience of more than 30 years in the Mining field. In addition to his existing assignments, he also function as CEO of NLC India Renewables Limited (NIRL) a wholly owned subsidiary of NLCIL. Shri Rajmohan S; Departmental Promotion Committee has recommended to the post of Executive Director, Shri. S. Rajmohan is an engineer with a Bachelor's degree in Mining and MBA in Marketing Management. He has Obtained First class Mines Manager Certificate of Competency under Coal Mines Regulations under the aegis of Director General of Mines Safety. He holds vast experience of 30 years in the Mining field. Prior to joining NLC India Limited he worked in South Eastern Coal Fields Limited. He has served in Barsingsar project in Rajasthan, as Project Manager in South Pachwara Coal Block, Dumka and as Unit Head of Mine-I, Mine-II and Mine-IA. Shri Surianarayanan B; Departmental Promotion Committee has recommended to the post of Executive Director, Shri Surianarayanan B is an engineer with a Bachelor's degree in Mechanical Engineering and Master of Science in Information Technology. He joined as a Graduate Engineer Trainee and has over 35 years of extensive experience in NLC India Limited. He has worked in various departments/divisions of NLCIL with key responsiblity in Leading thermal power operations, maintenance, and commissioning of large-scale power projects and Implementing environmental projects such as Flue Gas Desulfurization (FGD) systems. Shri Venkata Suryanaraya Murthy D; Shri Venkata Suryanaraya Murthy D is a Legal Officer holding Integrated Bachelor's degree in Law, M. A (Public Administration), Diploma in Industrial Relations and Personnel Management and P.G Diploma in Environment Studies. Prior to joining NLC India Limited he has Practiced as Advocate for about 13 years at Andhra Pradesh in the areas of Civil, Criminal, Labour and Service matters. He also functioned as a Law Officer in Union Bank of India in the States of Odisha,Jharkhand and Andhra Pradesh. He has rich experience in the Corporate Legal Matters and on the issues like, Disciplinary procedure, & legal issues, how to conduct the Domestic Inquiry proceedings, Right to Information Act and Legal aspects in Contract Management etc.
공시 • Jul 29NLC India Limited to Report Q1, 2025 Results on Aug 07, 2024NLC India Limited announced that they will report Q1, 2025 results at 3:30 PM, Indian Standard Time on Aug 07, 2024
Valuation Update With 7 Day Price Move • Jun 12Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹235, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 21x in the Renewable Energy industry in India. Total returns to shareholders of 318% over the past three years.
Major Estimate Revision • May 22Consensus revenue estimates fall by 10%The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from ₹176.8b to ₹158.6b. EPS estimate fell from ₹17.00 to ₹16.40 per share. Net income forecast to grow 23% next year vs 15% growth forecast for Renewable Energy industry in India. Consensus price target up from ₹253 to ₹259. Share price rose 5.1% to ₹241 over the past week.
Reported Earnings • May 17Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: ₹13.47 (up from ₹10.07 in FY 2023). Revenue: ₹139.5b (down 14% from FY 2023). Net income: ₹18.5b (up 33% from FY 2023). Profit margin: 13% (up from 8.6% in FY 2023). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 6.5%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Renewable Energy industry in India. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 16NLC India Limited Recommends Final Dividend for the Financial Year 2023-2024The board of directors of NLC India Limited meeting held on May 15, 2024, recommended final dividend of 15.00% (i.e., INR 1.50 per equity share) for the Financial Year 2023-24, subject to C&AG Audit and approval of Members in the upcoming Annual General Meeting.
공시 • May 08NLC India Limited to Report Q4, 2024 Results on May 15, 2024NLC India Limited announced that they will report Q4, 2024 results on May 15, 2024
공시 • Mar 26NLC India Limited Announces Resignation of M T Ramesh, Independent DirectorNLC India Limited announced that Shri M T Ramesh has tendered his resignation as an Independent Director of the Company with effect from 25th March, 2024. Consequently, he shall also cease to be member/chairman of the respective committees of the Board of Directors with effect from the aforesaid date.
공시 • Feb 29NLC India Limited Announces Cessation of G. Srinivas to Be Executive Director (Senior Management Personnel)NLC India Limited announced that Shri G. Srinivas ceased to be Executive Director (Senior Management Personnel) of the Company on attaining the age of superannuation with effect from 29th February, 2024 A.N.
Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹254, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the Renewable Energy industry in India. Total returns to shareholders of 453% over the past three years.
Major Estimate Revision • Feb 17Consensus revenue estimates fall by 24%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₹176.8b to ₹135.1b. EPS estimate fell from ₹21.30 to ₹14.50 per share. Net income forecast to grow 3.3% next year vs 10% growth forecast for Renewable Energy industry in India. Consensus price target up from ₹200 to ₹281. Share price was steady at ₹254 over the past week.
New Risk • Feb 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.6% average weekly change). Minor Risks High level of debt (109% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Upcoming Dividend • Feb 09Upcoming dividend of ₹1.50 per share at 1.4% yieldEligible shareholders must have bought the stock before 16 February 2024. Payment date: 06 March 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.4%. Within top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (1.8%).
공시 • Feb 08NLC India Limited Announces Cessation of Shri Mukesh Agrawal as Executive Director (Senior Management Personnel)NLC India Limited announced that Shri Mukesh Agrawal ceased to be Executive Director (Senior Management Personnel) of the company. Shri Mukesh Agrawal has been relieved from the services of company with effect from February 07, 2024 and is permitted to maintain lien with the company for the period of his appointment in Board Level post upto a period of five years.
공시 • Feb 07NLC India Limited Announces Shri N Franklin Jayakumar ceased as Executive DirectorNLC India Limited announced that Shri N Franklin Jayakumar has been relieved from the services as Executive Director with effect from 07th February, 2024 and is permitted to maintain lien with the company for the period of his appointment in Board Level post upto a period of five years.
Reported Earnings • Feb 07Third quarter 2024 earnings released: EPS: ₹1.83 (vs ₹2.86 loss in 3Q 2023)Third quarter 2024 results: EPS: ₹1.83 (up from ₹2.86 loss in 3Q 2023). Revenue: ₹32.5b (down 12% from 3Q 2023). Net income: ₹2.50b (up ₹6.57b from 3Q 2023). Profit margin: 7.7% (up from net loss in 3Q 2023). The move to profitability was driven by lower expenses. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Renewable Energy industry in India. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 64% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 06+ 1 more updateNLC India Limited Declares Interim Dividend for the Financial Year 2023-24, Payable on or Before March 6, 2024NLC India Limited announced that the Board of Directors at their meeting held on 6th February, 2024 approved the declaration of an Interim Dividend of 15% (i.e. INR 1.50 per equity share) for the Financial Year 2023-24. The Record Date for the purpose of ascertaining the members entitled for Interim Dividend for the Fiscal Year 2023-24 has been fixed as 16th February, 2024. It is further informed that the said interim dividend will be paid to eligible shareholders on or before 06th March, 2024.
공시 • Jan 31+ 1 more updateNLC India Limited to Report Q3, 2024 Results on Feb 06, 2024NLC India Limited announced that they will report Q3, 2024 results on Feb 06, 2024
공시 • Jan 16+ 1 more updateNLC India Limited Announces the Resignation of Suresh Chandra Suman as Chief Financial OfficerThe Board of Directors of NLC India Limited at its Board Meeting held on December 30, 2022 has designated Shri Suresh Chandra Suman, Director (Finance) (Additional Charge) as Chief Financial Officer (CFO) of the Company till the joining of the regular incumbent to the post. Therefore, Shri Suresh Chandra Suman ceases to be CFO of the Company effective from January 15, 2024.
Valuation Update With 7 Day Price Move • Dec 26Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹251, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 15x in the Renewable Energy industry in India. Total returns to shareholders of 417% over the past three years.
Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹142, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 12x in the Renewable Energy industry in India. Total returns to shareholders of 228% over the past three years.
Reported Earnings • Oct 28Second quarter 2024 earnings released: EPS: ₹7.83 (vs ₹3.01 in 2Q 2023)Second quarter 2024 results: EPS: ₹7.83 (up from ₹3.01 in 2Q 2023). Revenue: ₹32.3b (down 7.3% from 2Q 2023). Net income: ₹10.8b (up 164% from 2Q 2023). Profit margin: 34% (up from 12% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Oct 19NLC India Limited to Report Q2, 2024 Results on Oct 26, 2023NLC India Limited announced that they will report Q2, 2024 results on Oct 26, 2023
Upcoming Dividend • Sep 11Upcoming dividend of ₹2.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 18 September 2023. Payment date: 26 October 2023. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.8%. Within top quartile of Indian dividend payers (1.3%). In line with average of industry peers (2.6%).
공시 • Sep 03NLC India Limited, Annual General Meeting, Sep 26, 2023NLC India Limited, Annual General Meeting, Sep 26, 2023, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements including Consolidated Financial Statements of the Company for the Financial Year ended 31 March, 2023, together with the Reports of the Board of Directors and Auditor's thereon; to appoint a Director in place of Shri K. Mohan Reddy, who retires by rotation & being eligible, offers himself for reappointment; to consider the appointment of Shri M. Venkatachalam as Director (Power) of the Company; and to consider other matters.
공시 • Aug 10NLC India Limited Promotes Shri K. Satya Prasad as Executive DirectorNLC India Limited announced Shri K. Satya Prasad promoted as Executive Director, order dated August 09, 2023 and promotion effective from July 29, 2023. Term of appointment: As per the extant policy from time to time. He holds a degree in B.Tech (Civil Engineering). He joined NLCIL in the year 1986 as GET Civil and served in various job roles & Positions in the Thermal PowerStations at Neyveli, Barsingsar and Talabira. He has also served as Unit head of Central Technical Offices and of MM Complex. Currently, he is working as Project Head of NLC Talabira Thermal Project, Odisha.
공시 • Aug 01Nlc India Limited Announces Resignation of Nedungkeeran R as Executive Director (Senior Management Personnel)NLC India Limited informed that Shri Nedungkeeran R ceased to be Executive Director (Senior Management Personnel) of the Company on attaining the age of superannuation with effect from closing hours of 31st July, 2023.
Reported Earnings • Jul 31First quarter 2024 earnings released: EPS: ₹2.98 (vs ₹4.10 in 1Q 2023)First quarter 2024 results: EPS: ₹2.98 (down from ₹4.10 in 1Q 2023). Revenue: ₹33.2b (down 14% from 1Q 2023). Net income: ₹4.05b (down 28% from 1Q 2023). Profit margin: 12% (down from 14% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 35% per year, which means it is well ahead of earnings.
Reported Earnings • May 20Full year 2023 earnings released: EPS: ₹10.28 (vs ₹7.88 in FY 2022)Full year 2023 results: EPS: ₹10.28 (up from ₹7.88 in FY 2022). Revenue: ₹173.8b (up 46% from FY 2022). Net income: ₹14.0b (up 28% from FY 2022). Profit margin: 8.0% (down from 9.1% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.
공시 • May 20NLC India Limited Recommends Final Dividend for the Financial Year Ended 31 March, 2023Board of Directors of NLC India Limited at its meeting held on May 19, 2023, have recommended a final dividend @ 20% i.e., INR 2.00 per equity share for the financial year ended 31 March, 2023, subject to C&AG Audit and approval of Members in the upcoming Annual General Meeting. The details of closure of Register of Members and Share Transfer Books and the date on which the above final dividend shall be paid/dispatched will be intimated in due course after fixing the date of Annual General Meeting.
공시 • May 13NLC India Limited to Report Q4, 2023 Results on May 19, 2023NLC India Limited announced that they will report Q4, 2023 results on May 19, 2023
공시 • Feb 17NLC India Limited Plans to Setup Another Coal Based Pit Head Thermal Power Project of 2400 MW (3 X 800 MW) at Talabira, Jharsuguda Dist., OdishaNLC India Ltd, has also planned to setup another Coal based Pit Head Thermal Power Project of 2400 MW (3 x 800 MW) at Talabira, Jharsuguda Dist., Odisha. For this project also, entire power has been tied up with Ministry of Power's Power Allocation Order dated February 15, 2023 (Tamil Nadu 1500 MW, Union Territory of Pondicherry 100 MW, Kerala 400 MW and Odisha 400 MW). A Single package EPC Tender for this project has already been floated and techno commercial evaluation of bids are in advanced stage of completion.
Upcoming Dividend • Feb 17Upcoming dividend of ₹1.50 per share at 3.8% yieldEligible shareholders must have bought the stock before 24 February 2023. Payment date: 14 March 2023. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 3.8%. Within top quartile of Indian dividend payers (1.6%). In line with average of industry peers (3.9%).
공시 • Feb 14NLC India Limited Declares Interim Dividend for the Financial Year 2022-23, Payable on or Before March 14, 2023NLC India Limited at its board meeting held on February 13, 2023 declared an Interim Dividend of 15.00% (i.e., INR 1.50 per equity share) for the Financial Year 2022-23. Further, in compliance of Regulation 42 of SEBI LODR, it is hereby informed that 24th February, 2023 has been fixed as the RECORD DATE for the purpose of ascertaining the members for entitlement of the above declared Interim Dividend for the Fiscal Year 2022-23. It is further informed that the above interim dividend will be paid to the eligible Shareholders on or before 14th March, 2023.
Reported Earnings • Feb 14Third quarter 2023 earnings released: EPS: ₹6.83 (vs ₹1.66 in 3Q 2022)Third quarter 2023 results: EPS: ₹6.83. Revenue: ₹39.8b (up 46% from 3Q 2022). Net loss: ₹4.07b (down 276% from profit in 3Q 2022).
공시 • Feb 01NLC India Limited to Report Q3, 2023 Results on Feb 13, 2023NLC India Limited announced that they will report Q3, 2023 results on Feb 13, 2023
공시 • Jan 13+ 1 more updateNLC India Limited Appoints Prasanna Kumar Motupalli as Managing DirectorNLC India Limited informed that Ministry of Coal (MoC) vide its letter No.21/14/2022-ESTABLISHMENT dated January 6, 2023, has conveyed the approval of President of India for the appointment of Shri Prasanna Kumar Motupalli as Chairman and Managing Director (CMD) of the Company with effect from the date of his assumption or until further orders, whichever is earliest, subject to the terms & conditions of his appointment. Pursuant to the said MoC letter, Shri Prasanna Kumar Motupalli assumed the charge of Chairman and Managing Director of the Company with effect from January 12, 2023. Further, Shri K Mohan Reddy, Director (Planning & Projects) & Director (HR) AC, who was holding the additional charge of Chairman-cum-Managing Director has handed over the charge of CMD to Shri M Prasanna Kumar with effect from January 12, 2023. Shri Prasanna Kumar Motupalli, has assumed charge as Chairman and Managing Director on January 12, 2023. He is a Gold Medalist in Mechanical Engineer from Andhra /Nagarjuna University. He also holds Managerial qualifications viz MBA in four specializations, Operations Management, Marketing Management, Financial Management and Human Resources Management. He is topper of Energy auditor examination of Bureau of Energy Efficiency, GOI and also Certified Level-D exam holder of International Project Management Association (IPMA). Also, he is a Fellow Member of the Institute of Engineers. Prior to assuming charge as CMD/NLCIL, he was Managing Director of Gujarat State Electricity Corporation Ltd. (GSECL), the generation arm of State-Owned Gujarat Urja Vikas Nigam Ltd. (GUVNL) from November 04, 2020. Prior to joining GSECL, he was an Executive Director, heading vertical of NTPC (Corporate Fuel Management). He also been as Director of CNUPL (CIL NTPC Urja Pvt. Ltd.) and also as the Joint Managing Director of (MGCL) MahaGuj Collieries Limited. He was Chairperson of Western Region Power Committee (WRPC) for the year 2021-22. Shri. M. Prasanna Kumar began his career as Executive Trainee with NTPC in the year 1988 and has an illustrious career spanning over 34 years in the Power sector and Coal. He is also the winner of the Institution of Engineers (India) ‘Best Journal Award’ and NTPC Management Journal ‘Horizon Best Article Award’. He is recipient of three Power Excel Awards and many Meritorious Awards in his career progression and also appreciation from Government of Gujarat for outstanding performance.
공시 • Jan 01NLC India Limited Appoints Suresh Chandra Suman as Chief Financial OfficerNLC India Limited at its board meeting held on December 30, 2022, designated Shri Suresh Chandra Suman, Director (Mines), as Chief Financial Officer (CFO) of the company, effective from January 1, 2023, who was entrusted with Additional Charge of Director (Finance) by Ministry of Coal, effective from January 1, 2023 for a period of six months or till the appointment of a regular incumbent to the post or until further orders, whichever is earliest. Reason for change: Director (Finance) Additional Charge designated as CFO of the Company. Dr. Suresh Chandra Suman has assumed charge as Director (Mines) of NLC India Limited on May 11, 2022. He is a Mining Engineer, graduated with distinction from the reputed Bihar Institute of Technology, Sindri, Jharkhand. Dr. S C Suman holds a Doctorate in Coal Mining Safety from IIT (Indian School of Mines), Dhanbad. He also holds a First Class Mine Manager Competency Certificate (Coal) from the Directorate General of Mines Safety and a Post Graduate Diploma in Human Resource Management from IGNOU. Dr. S C Suman started his career in Coal India Limited serving for 26 years and joined NLCIL in 2016. He held various responsible positions in CIL and NLCIL that include Manager of the Mines for 8 years and Agent of the Mines for 7 years. He was instrumental in NLCIL's venturing into coal mining by successfully awarding the work order for Greenfield project Talabira II & III OCP (20 MTPA coal mining project) in Odisha and Pachwara South Coal Block (11.5 MTPA) in Jharkhand. He implemented Talabira II & III OCP (20 MTPA) Project within timeline. Dr. S C Suman hails from Koderma, Jharkhand and is a visionary leader and strategist, experienced in Greenfield and Brownfield Mining projects, MDO Contracts, Projects & Planning, Contract Management, Underground and Opencast Mining.
Valuation Update With 7 Day Price Move • Dec 26Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₹77.30, the stock trades at a trailing P/E ratio of 7x. Average trailing P/E is 13x in the Renewable Energy industry in India. Total returns to shareholders of 71% over the past three years.
공시 • Dec 01NLC India Limited Announces Company Secretary and Compliance Officer ChangesNLC India Limited announced that Shri K. Viswanath, Company Secretary & Compliance Officer of the company has opted for Voluntary early Exit Schemeand relinquished his office on 30 November, 2022 closing of Business Hours. Further the Board of Directors of the company has designated Shri R. Udhayashankar, Deputy Chief Manager /Secretarial, as Company Secretary & Compliance Officer of the Company with effect from 1 December, 2022. Shri R. Udhayashankar is Law Graduate and Fellow Member of the Institute of Company Secretaries of India (ICSI). He is also an Associate Member of Institute of Cost Accountants of India. He also holds Post Graduate Degree in Personnel Management & Industrial Relations and Post Graduate Diploma in Human Resource Management. He has an extensive experience over 14 years in Legal, Secretarial and Compliance Management domain.
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: ₹3.01 (vs ₹1.42 in 2Q 2022)Second quarter 2023 results: EPS: ₹3.01 (up from ₹1.42 in 2Q 2022). Revenue: ₹34.9b (up 13% from 2Q 2022). Net income: ₹4.11b (up 121% from 2Q 2022). Profit margin: 12% (up from 6.0% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Board Change • Nov 16Less than half of directors are independentThere are 8 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 8 new directors. 1 experienced director. 1 highly experienced director. 4 independent directors (6 non-independent directors). Chairman & MD Rakesh Kumar is the most experienced director on the board, commencing their role in 2012. Non-Official Part-time Independent Director M. Ramesh was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • Nov 13Second quarter 2023 earnings released: EPS: ₹3.01 (vs ₹1.42 in 2Q 2022)Second quarter 2023 results: EPS: ₹3.01 (up from ₹1.42 in 2Q 2022). Revenue: ₹35.8b (up 16% from 2Q 2022). Net income: ₹4.11b (up 121% from 2Q 2022). Profit margin: 12% (up from 6.0% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
공시 • Nov 05NLC India Limited to Report Q2, 2023 Results on Nov 11, 2022NLC India Limited announced that they will report Q2, 2023 results on Nov 11, 2022
공시 • Oct 04NLC India Limited Approves Declaration of Final Dividend for the Financial Year 2021-22NLC India Limited approved that the Interim Dividend @15% INR 1.50 per equity share paid and the Final Dividend @15% (INR 1.50 per equity share) recommended by the Board of Directors of the Company, aggregating to 30% (% 3.00 per equity share) on the paid-up share capital of INR 1386,63,66,090/- of the Company be and is hereby declared as the Dividend for the Financial Year 2021-22.
Upcoming Dividend • Sep 14Upcoming dividend of ₹1.50 per shareEligible shareholders must have bought the stock before 21 September 2022. Payment date: 29 October 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.9%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (3.5%).
공시 • Sep 08NLC India Limited, Annual General Meeting, Sep 29, 2022NLC India Limited, Annual General Meeting, Sep 29, 2022, at 15:00 Indian Standard Time. Agenda: To consider and adopt the Audited Financial Statements including Consolidated Financial Statements of the Company for the Financial Year ended 31 March, 2022, together with the Board's Report and the Auditor's Report thereon; to consider the Interim Dividend; to appoint a Director in the place of Shri Ramesh Chand Meena (DIN 08009394), who retires by rotation & being eligible, offers himself for reappointment; to consider & ratify the remuneration fixed to the Cost Auditors of the Company for the Financial Year 2022-23; and such other business issues.
Reported Earnings • Aug 14First quarter 2023 earnings released: EPS: ₹4.10 (vs ₹2.58 in 1Q 2022)First quarter 2023 results: EPS: ₹4.10 (up from ₹2.58 in 1Q 2022). Revenue: ₹39.7b (up 31% from 1Q 2022). Net income: ₹5.62b (up 62% from 1Q 2022). Profit margin: 14% (up from 12% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
공시 • Aug 03NLC India Limited to Report Q1, 2023 Results on Aug 12, 2022NLC India Limited announced that they will report Q1, 2023 results on Aug 12, 2022
공시 • Jul 23+ 1 more updateNLC India Limited Announces Cessation of Jaikumar Srinivasan as Chief Financial OfficerNLC India Limited announced that Shri Jaikumar Srinivasan has relinquished from the post of Chief Financial Officer of the Company with effect from 21st July, 2022 (FN), consequent to his appointment as Director (Finance), NTPC Limited.
공시 • Jul 12NLC India Limited Appoints V Muralidhar Goud and Shri N K Narayanan Namboothiri as Independent DirectorsNLC India Limited informed that in terms of letter dated 10 July, 2019, of Ministry of Coal, Dr. V Muralidhar Goud and Shri N K Narayanan Namboothiri who were appointed as Independent Directors for a period of 3 years have relinquished the Directorship with effect from 10 July 2022 on expiry of the tenure.
Reported Earnings • Jun 02Full year 2022 earnings released: EPS: ₹8.05 (vs ₹9.47 in FY 2021)Full year 2022 results: EPS: ₹8.05 (down from ₹9.47 in FY 2021). Revenue: ₹119.5b (up 21% from FY 2021). Net income: ₹10.9b (down 17% from FY 2021). Profit margin: 9.1% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
공시 • May 31NLC India Limited Recommends Final Dividend for the Financial Year Ended March 31, 2022NLC India Limited at its board meeting held on May 30, 2022, recommended a final dividend at 15% i.e., INR 1.50 per equity share for the financial year ended March 31, 2022, subject to C&AG Audit and approval of Members.
