NLC India is leaning hard into renewables and even rare minerals, helped by strong government backing and new partnerships that could broaden what it earns money from over time. But it still depends heavily on lignite and faces big build-out and funding challenges that could trip up its shift to cleaner power.Read more

₹324

6.4% overvalued

AnalystConsensusTarget's

Fair Value

Revenue

11.6% p.a.

Profit Margin

14.25%

Future PE

18.63x

Price in 2029

₹491.7

Trending Discussion

Snowflake Analysis

Solid track record and fair value.

2 Risks

4 Rewards

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NLC India Limited Key Details

Last Reported Earnings

Mar 31, 2026

Next Reporting Earnings

May 27, 2026

: 25.40
: 81.76%
: 19.07%
: 110.0%

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About 513683

Founded: 1956
Employees: 10227
CEO: Prasanna Motupalli
WebsiteView website: www.nlcindia.in

NLC India Limited engages in the mining and power generation business in India. The company mines for lignite and coal; and generates power through lignite and coal, as well as through thermal, solar, and wind power plants. It also operates open cast lignite mines with a mining capacity of 28.0 million tonnes per annum (MTPA) in Tamil Nadu and 30.10 MTPA in Rajasthan; and has total coal mining capacity of 20.00 MTPA. In addition, it provides consultancy services to the mining sector and firms in the solar power generation sector. Further, the company has a total installed thermal power generation capacity of 5,300 MW; and renewable energy generation capacity of 1,483.89 MW. It serves state distribution firms, commercial enterprises, and industrial consumers. The company was formerly known as Neyveli Lignite Corporation Limited and changed its name to NLC India Limited in April 2016. The company was incorporated in 1956 and is based in Cuddalore, India.