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Neyveli Lignite

₹255 -4.4 | 1.7%

Market Cap ₹35352 Cr.

Stock P/E 13

P/B 1.8

Current Price ₹255

Book Value ₹ 144

Face Value 10

52W High ₹292.4

Dividend Yield 1.18%

52W Low ₹ 185.9

Neyveli Lignite Research see more...

Overview Inc. Year: 1956Industry: Power Generation/Distribution

NLC India Ltd is an India-based business enterprise, which is engaged in the enterprise of mining of lignite, coal, and generation of power through the use of lignite as well as renewable power sources. The Company's segments comprises Mining and Power Generation. The Mining section is engaged in the mining of lignite. The Power Generation section is engaged in the generation of power and sale to electricity utilities throughout the country. Its essential products encompass lignite mining, coal mining, thermal power generation, renewable energy technology, together with solar and wind and power trading. It has about four open solid lignite mines, together with Mine I, Mine II, Mine IA and Barsingsar Mine and one open solid coal mine, Talabira II and III. It has approximately five pithead thermal power stations with an aggregate ability of approximately 3640 megawatts (MW). The Company's subsidiaries are NLC Tamilnadu Power Ltd and Neyveli Uttar Pradesh Power Ltd.

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Neyveli Lignite Share Price

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Neyveli Lignite Quarterly Results

#(Fig in Cr.) Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Net Sales 3316 2978 3164 3541 3378 3657 4411 3836 3826 4178
Other Income 112 257 85 494 264 717 486 136 290 168
Total Income 3428 3234 3249 4035 3643 4374 4898 3972 4116 4347
Total Expenditure 2123 864 2196 2938 2198 2648 3374 2975 2684 2588
Operating Profit 1306 2370 1054 1096 1444 1726 1524 997 1432 1758
Interest 231 214 205 199 189 180 237 325 299 289
Depreciation 461 455 446 462 433 413 458 581 539 548
Exceptional Income / Expenses 0 0 0 -269 0 0 0 821 0 0
Profit Before Tax 614 1701 402 165 822 1133 830 912 594 921
Provision for Tax 200 615 148 52 255 151 134 444 -246 197
Profit After Tax 414 1086 254 114 567 982 696 468 839 725
Adjustments -9 -1 -4 0 -7 -71 -28 14 -42 -60
Profit After Adjustments 405 1085 250 114 559 912 668 482 798 665
Adjusted Earnings Per Share 2.9 7.8 1.8 0.8 4 6.6 4.8 3.5 5.8 4.8

Neyveli Lignite Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 4376 7876 11186 11288 9871 10321 9846 11948 16165 13001 15283 16251
Other Income 732 493 714 576 908 1272 1952 598 1218 947 1607 1080
Total Income 5107 8369 11900 11864 10778 11593 11798 12546 17383 13948 16890 17333
Total Expenditure 2480 5352 6925 7275 7577 6873 7043 7785 10324 9466 10443 11621
Operating Profit 2628 3017 4975 4590 3202 4720 4755 4761 7059 4483 6447 5711
Interest 150 467 588 548 700 1174 1313 984 1012 849 932 1150
Depreciation 441 910 1044 1232 1121 1334 1611 1909 1801 1825 1884 2126
Exceptional Income / Expenses 346 -935 -1054 10 1180 134 392 735 -2191 1073 66 821
Profit Before Tax 2383 705 2289 2821 2561 2345 2223 2603 2056 2882 3697 3257
Provision for Tax 804 637 -167 864 1024 893 909 1488 631 1014 984 529
Profit After Tax 1579 68 2457 1957 1537 1452 1314 1115 1425 1867 2713 2728
Adjustments 0 0 -27 49 -64 -136 -4 46 -29 -6 -14 -116
Profit After Adjustments 1580 68 2430 2006 1474 1316 1310 1161 1396 1861 2700 2613
Adjusted Earnings Per Share 9.4 0.4 15.9 13.1 10.6 9.5 9.4 8.4 10.1 13.4 19.5 18.9

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 18% 9% 8% 13%
Operating Profit CAGR 44% 11% 6% 9%
PAT CAGR 45% 35% 13% 6%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 10% 49% 38% 12%
ROE Average 15% 12% 11% 11%
ROCE Average 12% 10% 10% 10%

Neyveli Lignite Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 14876 12782 12126 13352 12769 12905 13485 14189 15169 16531 18723
Minority's Interest 368 640 674 686 1102 1767 1897 2185 2457 2835 3222
Borrowings 6011 7050 8537 9380 14377 18943 18934 18845 18498 19226 18491
Other Non-Current Liabilities 1960 2368 2134 2923 3647 3353 4268 5599 5893 5486 5518
Total Current Liabilities 4236 6847 11692 12571 14206 16718 16033 9989 11279 11413 12996
Total Liabilities 27449 29688 35163 38911 46102 53687 54617 50807 53296 55491 58949
Fixed Assets 6655 16327 15997 16765 17658 24109 25824 24875 24058 23391 30699
Other Non-Current Assets 11523 3366 7404 10471 15658 13689 12642 14640 17435 20424 18618
Total Current Assets 9272 9995 11761 11676 12785 15889 16151 11292 11803 11629 9589
Total Assets 27449 29688 35163 38911 46102 53687 54617 50807 53296 55491 58949

Neyveli Lignite Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 4274 3254 3238 63 102 18 17 157 139 97 565
Cash Flow from Operating Activities 1036 1301 1225 4533 1620 1647 4390 7746 4171 5512 8977
Cash Flow from Investing Activities -502 -1380 -4332 -4593 -6119 -5812 -2212 -763 -2499 -3059 -7160
Cash Flow from Financing Activities -1231 63 -68 98 4416 4163 -2037 -7001 -1735 -1985 -2196
Net Cash Inflow / Outflow -696 -17 -3174 39 -83 -2 140 -18 -62 468 -379
Closing Cash & Cash Equivalent 3578 3238 63 102 18 17 157 139 77 565 187

Neyveli Lignite Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 9.42 0.41 15.9 13.12 10.63 9.49 9.45 8.37 10.07 13.42 19.47
CEPS(Rs) 12.04 5.83 22.9 20.86 19.17 20.09 21.1 21.81 23.26 26.63 33.16
DPS(Rs) 2.8 3 7.34 4.5 4.53 7.06 2.5 3 3.5 3 3
Book NAV/Share(Rs) 88.67 76.19 79.33 87.35 92.09 93.07 97.25 102.33 109.39 119.22 135.02
Core EBITDA Margin(%) 43.23 32.05 38.09 35.56 23.24 33.4 28.46 34.84 36.14 27.2 31.67
EBIT Margin(%) 57.75 14.89 25.73 29.84 33.04 34.1 35.91 30.02 18.98 28.7 30.29
Pre Tax Margin(%) 54.33 8.95 20.47 24.99 25.95 22.72 22.58 21.79 12.72 22.16 24.19
PAT Margin (%) 36.01 0.86 21.96 17.33 15.57 14.07 13.35 9.33 8.82 14.36 17.75
Cash Profit Margin (%) 46.06 12.42 31.29 28.24 26.93 27 29.71 25.31 19.96 28.4 30.08
ROA(%) 5.88 0.24 7.58 5.28 3.62 2.91 2.43 2.12 2.74 3.43 4.74
ROE(%) 10.98 0.49 19.73 15.36 11.77 11.31 9.96 8.06 9.71 11.78 15.39
ROCE(%) 12.07 5.49 12.84 13.43 10.88 9.58 8.75 9.32 8.32 9.77 11.57
Receivable days 186.7 139.5 139.19 151.19 198.66 259.88 297.14 171.55 90.02 112.74 82.5
Inventory Days 65.76 55.79 62.73 71.55 70.43 60.19 61.39 43.23 26.91 37.42 40.56
Payable days -979.29 -896.83 -1016.13 9014.75 4058.86 0 0 1307.46 2183.93 -1776.68 -3374.78
PER(x) 7.47 175.02 6.75 6.39 6.54 4.64 5.34 7.47 7.67 16.99 12.57
Price/Book(x) 0.79 0.93 1.35 0.96 0.76 0.47 0.52 0.61 0.71 1.91 1.81
Dividend Yield(%) 3.98 4.23 6.84 5.37 6.51 16.05 4.96 4.8 4.53 1.32 1.23
EV/Net Sales(x) 3.39 2.12 2.45 2.27 3.01 3.19 3.4 2.54 2.03 4.1 3.66
EV/Core EBITDA(x) 5.64 5.54 5.5 5.59 9.28 6.97 7.03 6.38 4.64 11.89 8.69
Net Sales Growth(%) -24.82 79.98 42.03 0.92 -12.56 4.56 -4.6 21.35 35.3 -19.57 17.55
EBIT Growth(%) 12.88 -53.71 145.45 17.06 -3.18 7.92 0.46 1.45 -14.48 21.63 24.06
PAT Growth(%) 13.16 -95.7 3514.33 -20.35 -21.43 -5.54 -9.51 -15.14 27.8 31.03 45.31
EPS Growth(%) 5.18 -95.7 3824.34 -17.44 -19.03 -10.69 -0.47 -11.34 20.18 33.33 45.08
Debt/Equity(x) 0.44 0.66 0.95 0.99 1.61 2.11 2.02 1.55 1.47 1.35 1.2
Current Ratio(x) 2.19 1.46 1.01 0.93 0.9 0.95 1.01 1.13 1.05 1.02 0.74
Quick Ratio(x) 1.98 1.24 0.81 0.76 0.78 0.85 0.91 1.01 0.94 0.89 0.59
Interest Cover(x) 16.93 2.51 4.89 6.15 4.66 3 2.69 3.65 3.03 4.39 4.97
Total Debt/Mcap(x) 0.56 0.71 0.7 1.03 2.14 4.46 3.89 2.54 2.08 0.71 0.66

Neyveli Lignite Shareholding Pattern

# Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Promoter 79.2 79.2 79.2 72.2 72.2 72.2 72.2 72.2 72.2 72.2
FII 0.81 0.95 1.21 2.39 2.18 2.53 2.86 2.91 2.95 3.24
DII 12.33 13.48 13.15 17.68 18.13 18.61 18.77 18.93 18.55 18.16
Public 7.66 6.37 6.44 7.73 7.49 6.66 6.17 5.95 6.3 6.4
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from -1776.68 to -3374.78days.
  • Company has reduced debt.

Cons

  • Company has a low return on equity of 12% over the last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Neyveli Lignite News

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