NLC India Ltd

NSE: NLCINDIA BSE: 513683

₹247.68

+17.37 (7.54%)

Thu, 05 Nov 2026, 08:50 pm

MTF 5xInvest in NLC India Ltd with 5x Leverage Buy with MTF

Market Cap (in Cr)31913.44

PE Ratio10.70

Dividend1.67

Utilities

Electric Utilities

24.5K

NLC India Financials

Income Statement Balance Sheet Cashflow

Particulars	Mar 2006	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total revenue	25.03B	26.10B	29.42B	27.81B	41.21B	38.94B	48.31B	55.57B	59.44B	60.57B	77.93B	110.94B	112.82B	98.71B	103.21B	97.75B	119.48B	161.65B	130.01B	152.83B
Gross profit	11.13B	11.93B	8.50B	-624.10M	13.87B	13.61B	18.26B	22.37B	19.67B	20.18B	28.51B	53.10B	31.76B	18.51B	29.45B	24.74B	37.45B	65.97B	44.20B	51.54B
Operating expenses (excl. COGS)	-4.85B	-3.56B	-254.30M	-696.70M	-3.45B	-839.70M	-4.81B	-6.91B	-5.13B	-4.97B	-11.64B	-16.98B	-3.35B	-4.88B	-7.34B	3.87B	-8.12B	-20.20B	-23.53B	-16.51B
Selling/general/admin expenses, total	-4.78B	-3.43B	—	—	-3.28B	-3.31B	-3.29B	-4.76B	-3.06B	-1.18B	-4.88B	-9.34B	-3.14B	-4.90B	-7.12B	-12.53B	-11.57B	-20.59B	-22.52B	-17.12B
Research & development	-42.40M	-47.00M	-55.80M	-55.30M	-85.20M	-92.70M	-98.60M	-111.80M	0	-119.10M	-125.40M	-110.90M	-20.70M	-129.50M	-138.00M	-151.20M	-156.70M	-269.80M	-433.70M	-422.00M
Selling/general/admin expenses, other	-4.74B	-3.38B	—	—	-3.19B	-3.22B	-3.19B	-4.65B	-3.06B	-1.06B	-4.76B	-9.23B	-3.12B	-4.77B	-6.99B	-12.37B	-11.42B	-20.32B	-22.52B	-16.70B
Other operating expenses, total	-71.20M	-128.30M	-254.30M	-696.70M	-170.10M	2.47B	-1.52B	-2.15B	-2.07B	-3.79B	-6.75B	-7.64B	-209.60M	21.10M	-215.10M	16.40B	3.45B	390.60M	-1.02B	617.30M
Operating income	6.28B	8.37B	8.19B	-1.38B	10.42B	12.77B	13.44B	15.46B	14.55B	15.21B	16.88B	36.13B	28.41B	13.63B	22.11B	28.61B	29.33B	45.77B	20.66B	35.03B
Non-operating income, total	3.55B	325.00M	5.98B	11.71B	5.63B	4.08B	6.40B	4.99B	7.54B	8.62B	-764.00M	-4.50B	-202.10M	11.98B	1.34B	-6.38B	-3.30B	-25.21B	8.15B	1.94B
Interest expense, net of interest capitalized	-542.80M	-432.80M	-88.00M	-81.50M	-335.80M	-1.59B	-1.43B	-1.92B	-1.82B	-1.56B	-4.67B	-5.88B	-5.48B	-7.00B	-11.74B	-13.13B	-9.84B	-9.02B	-7.75B	-8.58B
Interest capitalized	5.60M	263.60M	789.20M	2.24B	2.82B	2.61B	3.39B	3.53B	4.63B	5.34B	2.25B	1.52B	0	0	8.63B	6.97B	7.41B	9.06B	11.38B	11.50B
Non-operating income, excl. interest expenses	6.94B	5.73B	6.09B	6.57B	5.93B	5.70B	7.02B	5.80B	9.82B	7.05B	4.19B	3.19B	5.36B	19.89B	13.23B	6.40B	4.08B	-16.86B	17.62B	12.21B
Non-operating interest income	4.13B	4.71B	5.35B	5.97B	5.15B	4.95B	6.11B	4.95B	5.98B	5.76B	4.02B	2.26B	382.50M	1.31B	688.10M	1.13B	1.17B	4.51B	5.46B	8.30B
Miscellaneous non-operating expense	2.81B	1.02B	739.50M	598.60M	780.10M	751.60M	908.40M	852.50M	3.84B	1.29B	176.70M	928.60M	4.96B	18.49B	12.54B	5.16B	2.80B	-21.49B	12.06B	3.80B
Unusual income/expense	-2.85B	-4.97B	-27.30M	5.22B	31.20M	-34.90M	803.00M	1.12B	-461.30M	3.13B	-283.80M	-1.80B	-85.80M	-906.10M	-150.00M	350.00M	2.46B	663.90M	-1.72B	-1.70B
Pretax income	9.83B	8.70B	14.17B	10.34B	16.05B	16.84B	19.84B	20.46B	22.09B	23.83B	16.11B	31.63B	28.21B	25.61B	23.45B	22.23B	26.03B	20.56B	28.82B	36.97B
Taxes	-2.80B	-3.03B	-3.15B	-2.12B	-3.57B	-3.86B	-5.73B	-5.88B	-7.07B	-8.04B	-6.37B	1.67B	-8.64B	-10.24B	-8.93B	-9.09B	-14.88B	-6.31B	-10.14B	-9.84B
Non-controlling/minority interest	0	0	0	0	0	0	0	0	0	0	176.00M	-96.60M	-140.20M	-296.40M	-116.10M	-322.30M	-230.80M	-304.20M	-134.90M	-922.50M
After tax other income/expense	0	—	0	0	—	0	0	0	—	0	-9.06B	-8.74B	0	0	0	0	0	0	0	0
Net income before discontinued operations	7.02B	5.67B	11.02B	8.21B	12.47B	12.98B	14.11B	14.58B	15.02B	15.80B	855.70M	24.47B	19.43B	15.08B	14.41B	12.82B	10.93B	13.96B	18.54B	26.21B
Net income	7.02B	5.67B	11.02B	8.21B	12.47B	12.98B	14.11B	14.58B	15.02B	15.80B	855.70M	24.47B	19.43B	15.08B	14.41B	12.82B	10.93B	13.96B	18.54B	26.21B
Dilution adjustment	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred dividends	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Diluted net income available to common stockholders	7.02B	5.67B	11.02B	8.21B	12.47B	12.98B	14.11B	14.58B	15.02B	15.80B	855.70M	24.47B	19.43B	15.08B	14.41B	12.82B	10.93B	13.96B	18.54B	26.21B
Basic earnings per share (Basic EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted earnings per share (Diluted EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	9.77B	12.85B	12.73B	2.87B	12.96B	16.90B	17.75B	20.59B	19.72B	19.93B	26.31B	46.91B	41.09B	25.27B	35.91B	45.36B	48.86B	64.25B	39.37B	54.35B
EBIT	6.28B	8.37B	8.19B	-1.38B	10.42B	12.77B	13.44B	15.46B	14.55B	15.21B	16.88B	36.13B	28.41B	13.63B	22.11B	28.61B	29.33B	45.77B	20.66B	35.03B
Total operating expenses	-18.75B	-17.73B	-21.23B	-29.19B	-30.79B	-26.17B	-34.86B	-40.11B	-44.90B	-45.36B	-61.05B	-74.82B	-84.41B	-85.08B	-81.09B	-69.15B	-90.15B	-115.88B	-109.35B	-117.80B
Prepaid expenses	6.91B	11.12B	12.02B	13.06B	5.37B	3.15B	2.56B	4.51B	18.50B	20.44B	4.64B	6.65B	244.00M	285.30M	877.70M	1.72B	1.14B	1.04B	1.17B	504.50M
Deferred income, current	—	—	—	—	—	—	—	69.90M	57.90M	—	—	—	—	—	—	152.40M	—	—	—	—
Capital and operating lease obligations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	41.00M	277.00M	277.00M	274.20M	343.50M	343.50M
Operating lease liabilities	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Deferred tax liabilities	8.28B	7.41B	6.56B	7.30B	6.80B	6.12B	8.26B	9.92B	11.09B	10.82B	26.27B	27.89B	28.61B	32.18B	38.80B	49.51B	51.94B	51.03B	50.48B	49.50B
Deferred income, non-current	0	—	0	0	0	0	0	0	0	0	16.50M	16.40M	970.90M	945.40M	973.70M	1.19B	1.24B	1.18B	1.34B	2.20B
Minority interest	0	0	0	110.00M	330.00M	550.00M	700.00M	1.31B	1.61B	3.68B	6.40B	6.74B	6.86B	11.02B	17.67B	18.97B	21.85B	24.57B	28.35B	32.22B
Change in accrued expenses	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Common dividends paid	-6.50B	-2.90M	-4.32B	-1.96B	-5.88B	-1.96B	-4.48B	-7.41B	-5.05B	-7.62B	-4.45B	-15.91B	-7.81B	-8.07B	-11.83B	-1.46B	-4.57B	-4.28B	-4.98B	-4.40B
Preferred dividends paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

Particulars	Mar 2006	Mar 2007	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total revenue	25.03B	26.10B	29.42B	27.81B	41.21B	38.94B	48.31B	55.57B	59.44B	60.57B	77.93B	110.94B	112.82B	98.71B	103.21B	97.75B	119.48B	161.65B	130.01B	152.83B
Gross profit	11.13B	11.93B	8.50B	-624.10M	13.87B	13.61B	18.26B	22.37B	19.67B	20.18B	28.51B	53.10B	31.76B	18.51B	29.45B	24.74B	37.45B	65.97B	44.20B	51.54B
Operating expenses (excl. COGS)	-4.85B	-3.56B	-254.30M	-696.70M	-3.45B	-839.70M	-4.81B	-6.91B	-5.13B	-4.97B	-11.64B	-16.98B	-3.35B	-4.88B	-7.34B	3.87B	-8.12B	-20.20B	-23.53B	-16.51B
Selling/general/admin expenses, total	-4.78B	-3.43B	—	—	-3.28B	-3.31B	-3.29B	-4.76B	-3.06B	-1.18B	-4.88B	-9.34B	-3.14B	-4.90B	-7.12B	-12.53B	-11.57B	-20.59B	-22.52B	-17.12B
Research & development	-42.40M	-47.00M	-55.80M	-55.30M	-85.20M	-92.70M	-98.60M	-111.80M	0	-119.10M	-125.40M	-110.90M	-20.70M	-129.50M	-138.00M	-151.20M	-156.70M	-269.80M	-433.70M	-422.00M
Selling/general/admin expenses, other	-4.74B	-3.38B	—	—	-3.19B	-3.22B	-3.19B	-4.65B	-3.06B	-1.06B	-4.76B	-9.23B	-3.12B	-4.77B	-6.99B	-12.37B	-11.42B	-20.32B	-22.52B	-16.70B
Other operating expenses, total	-71.20M	-128.30M	-254.30M	-696.70M	-170.10M	2.47B	-1.52B	-2.15B	-2.07B	-3.79B	-6.75B	-7.64B	-209.60M	21.10M	-215.10M	16.40B	3.45B	390.60M	-1.02B	617.30M
Operating income	6.28B	8.37B	8.19B	-1.38B	10.42B	12.77B	13.44B	15.46B	14.55B	15.21B	16.88B	36.13B	28.41B	13.63B	22.11B	28.61B	29.33B	45.77B	20.66B	35.03B
Non-operating income, total	3.55B	325.00M	5.98B	11.71B	5.63B	4.08B	6.40B	4.99B	7.54B	8.62B	-764.00M	-4.50B	-202.10M	11.98B	1.34B	-6.38B	-3.30B	-25.21B	8.15B	1.94B
Interest expense, net of interest capitalized	-542.80M	-432.80M	-88.00M	-81.50M	-335.80M	-1.59B	-1.43B	-1.92B	-1.82B	-1.56B	-4.67B	-5.88B	-5.48B	-7.00B	-11.74B	-13.13B	-9.84B	-9.02B	-7.75B	-8.58B
Interest capitalized	5.60M	263.60M	789.20M	2.24B	2.82B	2.61B	3.39B	3.53B	4.63B	5.34B	2.25B	1.52B	0	0	8.63B	6.97B	7.41B	9.06B	11.38B	11.50B
Non-operating income, excl. interest expenses	6.94B	5.73B	6.09B	6.57B	5.93B	5.70B	7.02B	5.80B	9.82B	7.05B	4.19B	3.19B	5.36B	19.89B	13.23B	6.40B	4.08B	-16.86B	17.62B	12.21B
Non-operating interest income	4.13B	4.71B	5.35B	5.97B	5.15B	4.95B	6.11B	4.95B	5.98B	5.76B	4.02B	2.26B	382.50M	1.31B	688.10M	1.13B	1.17B	4.51B	5.46B	8.30B
Miscellaneous non-operating expense	2.81B	1.02B	739.50M	598.60M	780.10M	751.60M	908.40M	852.50M	3.84B	1.29B	176.70M	928.60M	4.96B	18.49B	12.54B	5.16B	2.80B	-21.49B	12.06B	3.80B
Unusual income/expense	-2.85B	-4.97B	-27.30M	5.22B	31.20M	-34.90M	803.00M	1.12B	-461.30M	3.13B	-283.80M	-1.80B	-85.80M	-906.10M	-150.00M	350.00M	2.46B	663.90M	-1.72B	-1.70B
Pretax income	9.83B	8.70B	14.17B	10.34B	16.05B	16.84B	19.84B	20.46B	22.09B	23.83B	16.11B	31.63B	28.21B	25.61B	23.45B	22.23B	26.03B	20.56B	28.82B	36.97B
Taxes	-2.80B	-3.03B	-3.15B	-2.12B	-3.57B	-3.86B	-5.73B	-5.88B	-7.07B	-8.04B	-6.37B	1.67B	-8.64B	-10.24B	-8.93B	-9.09B	-14.88B	-6.31B	-10.14B	-9.84B
Non-controlling/minority interest	0	0	0	0	0	0	0	0	0	0	176.00M	-96.60M	-140.20M	-296.40M	-116.10M	-322.30M	-230.80M	-304.20M	-134.90M	-922.50M
After tax other income/expense	0	—	0	0	—	0	0	0	—	0	-9.06B	-8.74B	0	0	0	0	0	0	0	0
Net income before discontinued operations	7.02B	5.67B	11.02B	8.21B	12.47B	12.98B	14.11B	14.58B	15.02B	15.80B	855.70M	24.47B	19.43B	15.08B	14.41B	12.82B	10.93B	13.96B	18.54B	26.21B
Net income	7.02B	5.67B	11.02B	8.21B	12.47B	12.98B	14.11B	14.58B	15.02B	15.80B	855.70M	24.47B	19.43B	15.08B	14.41B	12.82B	10.93B	13.96B	18.54B	26.21B
Dilution adjustment	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred dividends	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Diluted net income available to common stockholders	7.02B	5.67B	11.02B	8.21B	12.47B	12.98B	14.11B	14.58B	15.02B	15.80B	855.70M	24.47B	19.43B	15.08B	14.41B	12.82B	10.93B	13.96B	18.54B	26.21B
Basic earnings per share (Basic EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted earnings per share (Diluted EPS)	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	9.77B	12.85B	12.73B	2.87B	12.96B	16.90B	17.75B	20.59B	19.72B	19.93B	26.31B	46.91B	41.09B	25.27B	35.91B	45.36B	48.86B	64.25B	39.37B	54.35B
EBIT	6.28B	8.37B	8.19B	-1.38B	10.42B	12.77B	13.44B	15.46B	14.55B	15.21B	16.88B	36.13B	28.41B	13.63B	22.11B	28.61B	29.33B	45.77B	20.66B	35.03B
Total operating expenses	-18.75B	-17.73B	-21.23B	-29.19B	-30.79B	-26.17B	-34.86B	-40.11B	-44.90B	-45.36B	-61.05B	-74.82B	-84.41B	-85.08B	-81.09B	-69.15B	-90.15B	-115.88B	-109.35B	-117.80B
Prepaid expenses	6.91B	11.12B	12.02B	13.06B	5.37B	3.15B	2.56B	4.51B	18.50B	20.44B	4.64B	6.65B	244.00M	285.30M	877.70M	1.72B	1.14B	1.04B	1.17B	504.50M
Deferred income, current	—	—	—	—	—	—	—	69.90M	57.90M	—	—	—	—	—	—	152.40M	—	—	—	—
Capital and operating lease obligations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	41.00M	277.00M	277.00M	274.20M	343.50M	343.50M
Operating lease liabilities	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Deferred tax liabilities	8.28B	7.41B	6.56B	7.30B	6.80B	6.12B	8.26B	9.92B	11.09B	10.82B	26.27B	27.89B	28.61B	32.18B	38.80B	49.51B	51.94B	51.03B	50.48B	49.50B
Deferred income, non-current	0	—	0	0	0	0	0	0	0	0	16.50M	16.40M	970.90M	945.40M	973.70M	1.19B	1.24B	1.18B	1.34B	2.20B
Minority interest	0	0	0	110.00M	330.00M	550.00M	700.00M	1.31B	1.61B	3.68B	6.40B	6.74B	6.86B	11.02B	17.67B	18.97B	21.85B	24.57B	28.35B	32.22B
Change in accrued expenses	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Common dividends paid	-6.50B	-2.90M	-4.32B	-1.96B	-5.88B	-1.96B	-4.48B	-7.41B	-5.05B	-7.62B	-4.45B	-15.91B	-7.81B	-8.07B	-11.83B	-1.46B	-4.57B	-4.28B	-4.98B	-4.40B
Preferred dividends paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0