NLC India Limited

BSE:513683 Stock Report

Market Cap: ₹438.4b

NLC India Dividends and Buybacks

Dividend criteria checks 3/6

NLC India is a dividend paying company with a current yield of 1.22% that is well covered by earnings.

Key information

1.2%

Dividend yield

-0.7%

Buyback Yield

Total Shareholder Yield0.5%
Future Dividend Yield1.2%
Dividend Growth-2.0%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ratio15%

Recent dividend and buyback updates

Recent updates

Narrative Update • Jun 04

513683: Board Dividend Plans And Revised Assumptions Will Support Future Repricing

Analysts have raised their price target for NLC India from ₹324 to ₹390, citing updated assumptions for revenue growth, profit margins and forward P/E that feed into a revised fair value and discount rate. What's in the News NLC India has recommended a final dividend of 2.50%, or ₹0.25 per paid up equity share, for FY 2025-2026, subject to shareholder approval.
Narrative Update • May 19

513683: Stable Outlook As Board Decisions And Assumption Shifts Shape Future Repricing

Analysts 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).
Narrative Update • Apr 27

513683: Stable Outlook As Energy Partnership And Steady Assumptions Guide Future Repricing

Analysts 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.
Narrative Update • Apr 10

513683: Interim Dividend Will Support Future Repricing Potential

Analysts 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.
Narrative Update • Mar 27

513683: Interim Dividend And Renewable Listing Plan Will Support Repricing

Analysts 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).
Narrative Update • Mar 13

513683: Interim Dividend And Renewable Listing Plan Will Drive Repricing

Analysts 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).
Narrative Update • Feb 26

513683: Interim Dividend And Renewable Listing Will Support Future Bullish Repricing

Analysts 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.
Narrative Update • Feb 11

513683: Interim Dividend And Renewable Listing Plan Will Support Bullish Repricing

Analysts 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).
User avatar
New Narrative • Feb 23

I 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.

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 513683's dividend payments have been volatile in the past 10 years.

Growing Dividend: 513683's dividend payments have increased over the past 10 years.

Dividend Yield vs Market

NLC India Dividend Yield vs Market
How does 513683 dividend yield compare to the market?
SegmentDividend Yield
Company (513683)1.2%
Market Bottom 25% (IN)0.3%
Market Top 25% (IN)1.5%
Industry Average (Renewable Energy)1.9%
Analyst forecast (513683) (up to 3 years)1.2%

Notable Dividend: 513683's dividend (1.22%) is higher than the bottom 25% of dividend payers in the Indian market (0.3%).

High Dividend: 513683's dividend (1.22%) is low compared to the top 25% of dividend payers in the Indian market (1.49%).

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (15.2%), 513683's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: 513683 is paying a dividend but the company has no free cash flows.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/13 08:56
End of Day Share Price 2026/06/12 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NLC India Limited is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rajesh Majumdar360 ONE Capital Market Private Limited
Bharat ParekhBofA Global Research
Vijay MadunalaFirstCall Research