NLC India Dividends and Buybacks
Dividend criteria checks 3/6
NLC India is a dividend paying company with a current yield of 1.44% that is well covered by earnings. Next payment date is on 29th October, 2026 with an ex-dividend date of 22nd September, 2026.
Key information
1.4%
Dividend yield
-0.8%
Buyback Yield
| Total Shareholder Yield | 0.6% |
| Future Dividend Yield | 1.4% |
| Dividend Growth | -2.0% |
| Next dividend pay date | 29 Oct 26 |
| Ex dividend date | 22 Sep 26 |
| Dividend per share | n/a |
| Payout ratio | 15% |
Recent dividend and buyback updates
Recent updates
513683: Nuclear JV And Rare Earth Initiatives Will Support Future Repricing
Analysts have reiterated their ₹390 price target for NLC India, citing largely unchanged assumptions around revenue growth, profit margins and future P/E, with only minor tweaks to the discount rate in their updated valuation work. What's in the News for NLC India The Centre launched an offer for sale of a 2% base stake in NLC India, with a 1% greenshoe option, at a floor price of ₹303 per share, as part of its Fiscal Year 2026-27 disinvestment program.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.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).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.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.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).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).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.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).
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 |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (513683) | 1.4% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.5% |
| Industry Average (Renewable Energy) | 2.0% |
| Analyst forecast (513683) (up to 3 years) | 1.4% |
Notable Dividend: 513683's dividend (1.44%) is higher than the bottom 25% of dividend payers in the Indian market (0.29%).
High Dividend: 513683's dividend (1.44%) is low compared to the top 25% of dividend payers in the Indian market (1.46%).
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.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/21 11:27 |
| End of Day Share Price | 2026/09/21 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2026/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the 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 6 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.
| Analyst | Institution |
|---|---|
| null null | 360 ONE Capital Market Private Limited |
| Rajesh Majumdar | 360 ONE Capital Market Private Limited |
| Bharat Parekh | BofA Global Research |