NLC India Limited
Valuation (91/100) does the heavy lifting; financial trend (21/100) is the drag.
Buy zoneSolvency riskStocksWizard rates NLC India Limited a Sell, scoring 40/100 on our blended model. On 11.4x trailing earnings it sits cheaper than the Utilities median of about 15.2x. The price is about 20% below its 52-week high of ₹370.9 and 35% above the low of ₹220.69. Financial health scores 4/100, in the distress band on the Altman Z-score, with a Piotroski F-score of 6/9. The average analyst target of ₹390 implies about 31% upside across 1 analysts. It clears 5 of 13 investability checks, with durability 58, valuation 81 and momentum 42 on our 0–100 scales.
Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹356.67.
Analyst views
1-year price
EOD · 2026-07-3152-week range
-19.68% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Sell40Piotroski F-score 6/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- Pass: ROE above 15%: 16.0%
- Fail: Low debt (D/E < 0.5): 0.82x
- Fail: Positive free cash flow
- Fail: Revenue growth > 10%: -0%
- Fail: Earnings growing: -13%
- Pass: Net margin ≥ 10%: 20.1%
- Fail: Current ratio > 1.5: 0.80
- Pass: Below our fair value
- Pass: Margin of safety ≥ 20%
- Pass: Above 200-day average
- Fail: Above 50-day average
- No data: Positive 1-year return
- Fail: Altman Z in safe zone: Z 1.16
- Fail: Piotroski ≥ 7: 6/9
Quarterly results
Annual financials
Shareholding
- Promoter72.5%
- Institutions15.6%
- Public & other11.9%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Strengths
- Healthy profit margin (20.1%).
Opportunities
- Trading in our value buy zone versus sector peers.
- Trades ~50% below our estimated fair value.
Bear case
Threats
- Earnings contracting year on year.
- Balance-sheet stress — Altman Z 1.16.
About NLC India Limited
NLC India Limited operates lignite and coal mines and generates power through multiple sources including lignite, coal, thermal, solar, and wind facilities. The company runs open cast lignite mines in Tamil Nadu with 28.0 million tonnes per annum capacity and in Rajasthan with 30.10 million tonnes per annum capacity, alongside coal mining operations totaling 20.00 million tonnes per annum.
NLC India Limited — frequently asked questions
Is NLC India Limited a buy, hold or sell?
StocksWizard currently rates NLC India Limited (NLCINDIA) a Sell, based on a blended score of 40/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.
What is NLC India Limited's fair value?
Our blended DCF and relative-valuation model estimates NLC India Limited's fair value at about ₹445.84, versus a current price of ₹297.9 — roughly 50% upside. On that basis the stock looks undervalued by 50%.
Is NLC India Limited financially healthy?
NLC India Limited scores 4/100 on our financial-health model, placing it in the distress band on the Altman Z-score, with a Piotroski F-score of 6/9.
How has NLC India Limited's share price performed?
NLC India Limited is down 6% over three months, and last traded at ₹297.9. Past performance doesn't predict future returns.
More in Utilities
View allOur verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.