Compliance updated on Jun 19, 2026 Screened by AAOIFI-Certified Shariah Advisor & Auditor

Financial data updated nightly

NLC India Ltd

NLCINDIA.NS ✗ NOT COMPLIANT ☆ Track — members

NSE India · Utilities · Independent Power Producers ·

India Mid Cap Analyst: STRONG BUY

Last Close

$2.89

▲ +0.38%

Market Cap $4.00B · Vol 1.35M

Key Metrics

P/E Ratio

11.48

FWD: 11.02

Market Cap

$4.00B

Mid Cap

Div Yield

1.85%

Semi-annual dividend

EPS Growth

-6.14%

YoY

RSI (14)

28.15

Momentum

Beta

1.40

vs Market

52W High

$4.06

28.74% below

52W Low

$2.33

14.12% above

Volume

1.35M

Avg 2.34M

P/B

1.73

Price-to-book

ROE

17.50%

Return on equity

Free Float

27.48%

Public shares

Shariah Compliance8 STANDARDS

✗ NLC India Ltd (NLCINDIA.NS) stock is currently not Shariah compliant

AAOIFI—
Dow Jones Islamic (DJIM)—
FTSE Shariah—
MSCI Islamic—
S&P Shariah—
Al Rajhi—
Alinma—
Albilad—

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Which standards does NLCINDIA.NS pass?

The full report shows the verdict under each of the 8 major Shariah standards, with the business-activity and financial-ratio screens behind every one.

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Historical Returns

-9.53%

-9.29%

-25.75%

+6.21%

YTD

+10.06%

+15.91%

+84.26%

+388.30%

Financials & Valuation

TTM · Annual

Total Revenue	$1.87B
Net Income	$403.31M
Revenue Growth (YoY)	+23.29%
Gross Margin	67.14%
Operating Margin	23.55%
Net Profit Margin	21.55%
ROE	17.50%
ROA · ROIC	6.30% · 9.66%

P/E Ratio	11.48
Forward P/E (FY1)	11.02
PEG Ratio	0.31
P/S	2.13
P/B	1.73
P/FCF	N/A
EPS Growth	-6.14%
Outstanding Shares	1.39B

Technical Indicators

50-Day SMA	$3.21
200-Day SMA	$2.94
RSI (14)	28.15
Beta	1.40
52-Week High	$4.06
52-Week Low	$2.33

Volume Today	1.35M
Avg Daily Volume (30D)	2.34M
Relative Volume	0.58x
Volatility (10D)	35.03
Volatility (30D)	31.77
Free Float	27.48%

Analyst Consensus

STRONG BUY

Current Price $2.89

Mean Target $4.09

52W Low$2.33 52W High$4.06

Current

Target

$2.33 $4.06

Current Analyst target

+41.72% upside potential · 2 analysts

Identifiers

ExchangeNSE India

FIGIBBG001S6Q1Z4

ISININE589A01014

CountryIndia

Sub-IndustryIndependent Power Producers (NEC)

Earnings DateOct 27, 2026

TypeStocks

Instrument TypeFULLPAID Fully Paid Ordinary

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Company Profile

NLC India Limited is an India-based company, which is engaged in the business of mining of lignite, coal and generation of power by using lignite as well as renewable energy sources and consultancy. Its segments include Mining and Power generation. The Mining segment includes mining of lignite and coal. The Power generation segment includes generation of power and sale to power utilities across the country. It operates three opencast Lignite Mines at Neyveli in Tamil Nadu and one opencast Lignite Mine at Barsingsar in Rajasthan, with a combined mining capacity of 30.10 million Tons Per Annum (MTPA). It also operates Talabira Open Cast Mine in Odisha, with a mining capacity of 20.00 MTPA. It is operating five lignite based thermal power stations, four at Neyveli, in Tamil Nadu and one at Barsingsar, in Rajasthan with capacity of over 3,640 megawatts. The total combined mining capacity of lignite and coal for the Company is 50.10 MTPA.