NLCINDIA IN EQUITY
loading…—
Day range—
52-week range—
Market cap—
P/E · TTM—
As of—
| CUSTOMER | BASIS | EST ₹CR | RANGE | % REV | BUCKET | PERIOD | METHOD | CONF |
|---|---|---|---|---|---|---|---|---|
| Business | REV SHARE | 15,767 | 15,767–15,767 | 90.0% | COGS | FY26 | DISC | 90% |
| “Products/services 16 Details of business activities (accounting for 90% of the turnover): S. No. Description of Main Activity Description of Business Activity …” AR DOC | ||||||||
| Business | REV SHARE | 13,790 | 13,790–13,790 | 90.0% | — | FY25 | DISC | 90% |
| “Details of business activities (accounting for 90% of the turnover): S. No. Description of Main Activity Description of Business Activity % of Turnover of the …” AR · +2 DOC | ||||||||
| GSECL | UNSTATED | — | — | — | — | FY25 | EST | 75% |
| “Prior to his appointment, he served as the Managing Director of Gujarat State Electricity Corporation Ltd. (GSECL).” AR · +1 DOC | ||||||||
| SJVNSJVN Ltd. | UNSTATED | — | — | — | — | FY26 | EST | 75% |
| “Letters of Award (LoA): • Received LoA from SJVN Limited for setting up a 200 MW Wind Power Project on 28th February, 2025.” AR · +1 DOC | ||||||||
| Ministry of Coal. | UNSTATED | — | — | — | COGS | FY26 | EST | 75% |
| “L&DC has been accredited by NSCSTI with a good 2-star rating, this has made NLCIL the 1st PSU under the Ministry of Coal which has been awarded with such a val…” AR · +1 DOC | ||||||||
| BHELBharat Heavy Electricals Ltd. | UNSTATED | — | — | — | — | FY26 | EST | 75% |
| “Rajesh Pratap Singh Sisodia, prior to joining NLCIL, was serving Bharat Heavy Electricals Ltd. (BHEL) as Executive Director.” AR · +1 DOC | ||||||||
| Solar Energy Corporation of India Limited | UNSTATED | — | — | — | — | FY26 | EST | 75% |
| “We are advancing solar and wind projects across states, including a 150 MW solar-wind hybrid project awarded by the Solar Energy Corporation of India, for whic…” AR DOC | ||||||||
| Gujarat Urja Vikas Nigam Limited | UNSTATED | — | — | — | — | FY26 | EST | 75% |
| “We have secured a 600 MW solar project at Khavda in Gujarat through a power purchase agreement with Gujarat Urja Vikas Nigam Limited, and won a 500 MW solar te…” AR DOC | ||||||||
| IREDAIndian Renewable Energy Development Agency Ltd. | UNSTATED | — | — | — | — | FY26 | EST | 75% |
| “We have secured a 600 MW solar project at Khavda in Gujarat through a power purchase agreement with Gujarat Urja Vikas Nigam Limited, and won a 500 MW solar te…” AR DOC | ||||||||
| South Eastern Coalfields Limited | UNSTATED | — | — | — | — | FY26 | EST | 75% |
| “The Joint Venture Company has been entrusted with the development of renewable energy projects and, in this regard, has received a Project Management Consultan…” AR · +1 DOC | ||||||||
| Parties | UNSTATED | — | — | — | — | FY26 | EST | 75% |
| “nlcindia.in/investor/AR2023-24.pdf Particulars of Contracts or Arrangements with Related Parties All related party transactions entered into by the Company dur…” AR · +1 DOC | ||||||||
| NTPCNTPC Ltd. | UNSTATED | — | — | — | — | FY26 | EST | 75% |
| “• 450 MW Wind–Solar Hybrid Project awarded by NTPC Limited.” AR · +2 DOC | ||||||||
| Renewable Energy | CONTRACT | CT 3 | — | — | — | FY25 | EST | 75% |
| “Source: CERC, (-) Export, (+) Import Renewable Energy Certificates (RECs) A total of 187.20 Lakh Renewable Energy Certificates (RECs) were traded across power …” AR · +2 DOC | ||||||||
| NTPCNTPC Ltd. | UNSTATED | — | — | — | COGS | FY26 | EST | 75% |
| “• NTPC – Agreement signed in December 2024 extending the existing MoU for supply of coal from Talabira II & III OCP to NTPC power plants for a further period o…” AR · +1 DOC | ||||||||
| ICICIBANKICICI Bank Ltd. | UNSTATED | — | — | — | — | FY26 | EST | 75% |
| “Derivative Asset: The Derivative Asset represents the fair value of the Call Spread derivative contract entered with ICICI bank for hedging the foreign currenc…” AR DOC | ||||||||
| Karnataka | UNSTATED | — | — | — | — | FY26 | EST | 75% |
| “Recent court orders from the Madras, Kerala, and Karnataka High Courts have directed the parties to approach CERC for adjudication, and the Company has accordi…” AR DOC | ||||||||
| Others | UNSTATED | — | — | — | — | FY25 | EST | 75% |
| “NLC India Limited36570th Integrated Annual Report FY 2025-26364 FINANCIAL STATEMENTSNOTES TO STANDALONE FINANCIAL STATEMENTS NOTES TO STANDALONE FINANCIAL STAT…” AR · +1 DOC | ||||||||
| South Eastern Coalfields Limited | UNSTATED | — | — | — | COGS | FY25 | EST | 75% |
| “¾ Formation of Coal Lignite Urja Vikas Private Limited, a Joint Venture with Coal India Limited, for establishing a 5,000 MW Solar Power Project, and received …” AR DOC | ||||||||
| CMPDICentral Mine Planning & Design Institute Ltd. | UNSTATED | — | — | — | — | FY26 | EST | 75% |
| “12.2 Out-Side Consultancy Job done by Blasting Division of CMPDIL (HQ) a. Quarterly Performance evaluation of explosives & accessories supplied by various manu…” AR DOC | ||||||||
| Uttar Pradesh Power Corporation Limited | CONTRACT | CT 10,669 | — | — | — | FY26 | EST | 70% |
| “(i) In our opinion and according to the information and explanations given to us, following companies incorporated in India and included in the consolidated fi…” AR · +1 DOC | ||||||||
| COALINDIACoal India Ltd. | UNSTATED | — | — | — | COGS | FY26 | EST | 70% |
| “¾ Formation of Coal Lignite Urja Vikas Private Limited, a Joint Venture with Coal India Limited, for establishing a 5,000 MW Solar Power Project, and received …” AR · +1 DOC | ||||||||
| Office | UNSTATED | — | — | — | — | FY26 | EST | 70% |
| “An Internal Complaints Committee (ICC) has been constituted at the Corporate Office and all major Units/ Projects to provide a safe and secure working environm…” AR · +1 DOC | ||||||||
| TATAPOWERTata Power Co. Ltd. | UNSTATED | — | — | — | — | FY26 | EST | 70% |
| “We have secured a 600 MW solar project at Khavda in Gujarat through a power purchase agreement with Gujarat Urja Vikas Nigam Limited, and won a 500 MW solar te…” AR DOC | ||||||||
| SECI Limited | UNSTATED | — | — | — | — | FY26 | EST | 70% |
| “The Letter of Award (LOA) has been received from SECI, and the Power Purchase Agreement (PPA) has been signed.” AR · +1 DOC | ||||||||
| BHELBharat Heavy Electricals Ltd. | UNSTATED | — | — | — | CAPEX | FY26 | EST | 70% |
| “The Engineering, Procurement and Construction (EPC) contract was awarded to M/s. Bharat Heavy Electricals Ltd. (BHEL) on 12th January, 2024.” AR · +1 DOC | ||||||||
| Assam Power Distribution Company Limited | UNSTATED | — | — | — | — | FY26 | EST | 70% |
| “Incorporated a Joint Venture Company (JVC) with Assam Power Distribution Company Limited (APDCL) in the name of NIRL Assam Renewables Limited (NARL) on 7th May…” AR DOC | ||||||||
| APDCL | UNSTATED | — | — | — | — | FY26 | EST | 70% |
| “Incorporated a Joint Venture Company (JVC) with Assam Power Distribution Company Limited (APDCL) in the name of NIRL Assam Renewables Limited (NARL) on 7th May…” AR DOC | ||||||||
| Securities and Exchange Board of India | UNSTATED | — | — | — | — | FY26 | EST | 70% |
| “(f) The Securities and Exchange Board of India (Registrars to an Issue and Share Transfer Agents) Regulations, 1993 regarding the Companies Act and dealing wit…” AR · +1 DOC | ||||||||
| Business | UNSTATED | — | — | — | SG&A | FY26 | EST | 70% |
| “Customers No Customer meetings, website Publications, conferences, emails and advertisements On a need basis Business related discussions, awareness and traini…” AR · +1 DOC | ||||||||
| Uttar Pradesh | UNSTATED | — | — | — | CAPEX | FY25 | EST | 70% |
| “Instrumental in awarding much awaited EPC contract for the pit-head green field Talabira Ultra Super critical Thermal Project of 3x800 MW and also overcoming c…” AR DOC | ||||||||
| Authority. | UNSTATED | — | — | — | COGS | FY25 | EST | 70% |
| “Also, vesting order issued by MoC • Secured New Patrapara (South) Coal Mine Project (12 MTPA) and executed the Coal Mine Development and Production Agreement (…” AR · +1 DOC | ||||||||
| Appellate Authority | UNSTATED | — | — | — | COGS | FY25 | EST | 70% |
| “b) The company has filed appeals before the Appellate Authority of Electricity (APTEL) against the following CERC orders which are pending for disposal: 1) The…” AR DOC | ||||||||
| Tamil Nadu Green Energy Corporation Limited | CONTRACT | — | — | — | CAPEX | FY26 | EST | 70% |
| “*** In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that NLC India Renewabl…” ORDER p.1 · 22-JUN-25 DOC | ||||||||
| Tamil Nadu Green Energy Corporation Limited | CONTRACT | — | — | — | — | FY26 | EST | 65% |
| “General Updates NLC India Limited has informed the Exchange about NLC India Renewables Limited, a Wholly Owned Subsidiary of NLC India Limited, has received a …” ANN · 22-JUN-25 DOC | ||||||||
| Ministry of Coal. | CONTRACT | — | — | — | CAPEX | FY25 | EST | 60% |
| “*** In compliance of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in continuation to our intimation letter dat…” ORDER p.1 · 04-FEB-25 DOC | ||||||||
| Additional Secretary/ Coal | CONTRACT | — | — | — | CAPEX | FY25 | EST | 60% |
| “Subsequently, Vesting Order issued by Additional Secretary/ Coal (Nominated Authority), GoI, to NLC India Limited in the Ceremony conducted on 04.02.2025 at Sh…” ORDER p.1 · 04-FEB-25 DOC | ||||||||
| CCLCCL Products (I) Ltd. | UNSTATED | — | — | — | COGS | FY26 | EST | 60% |
| “CIL has allocated coal from: • Eastern Coalfields Limited (ECL) – 2.990 MT • Northern Coalfields Limited (NCL) – 1.113 MT • Central Coalfields Limited (CCL) – …” AR DOC | ||||||||
| TATAPOWERTata Power Co. Ltd. | UNSTATED | — | — | — | CAPEX | 2025-02 | EST | 60% |
| “We awarded this EPC contract to Tata Power and they started their module manufacturing in the state of Tamil Nadu.” CONCALL DOC | ||||||||
| SUPPLIER | BASIS | EST ₹CR | RANGE | % COST | BUCKET | PERIOD | METHOD | CONF |
|---|---|---|---|---|---|---|---|---|
| CANBKCanara Bank | UNSTATED | 11,961 | 11,961–11,961 | 100.0% | — | FY25 | EST | 75% |
| “She has served as an Independent Director in NLC India Limited, NLC Tamil Nadu Power Limited.” AR p.41 · 31-MAR-25 DOC | ||||||||
| BHELBharat Heavy Electricals Ltd. | CONTRACT | CT 15,000 | — | — | CAPEX | FY24 | EST | 85% |
| “Subject: Receipt of an order from NLC India Limited Bharat Heavy Electricals Limited (BHEL) has received LOA dated 12.01.2024 of EPC package for 3x800 MW NLC T…” ORDER p.1 · 12-JAN-24 DOC | ||||||||
| RITESRITES Ltd. | CONTRACT | CT 467 | — | — | CAPEX | FY25 | EST | 85% |
| “Subject: Intimation regarding Major Order Secured Dear Sir/Madam, Pursuant to Regulation 30 read with Para B of Part A of Schedule Ill of the Securities and Ex…” ORDER p.1 · 14-FEB-25 DOC | ||||||||
| INOXWINDInox Wind Ltd. | CONTRACT | — | — | — | CAPEX | 2026-08 | EST | 80% |
| “we have received an LOA for 200 megawatt from NLC India. This is a repeat order from NLC in the month of July through an extensive tendering process” CONCALL p.3 · 31-AUG-26 DOC | ||||||||
| IOCIndian Oil Corporation Ltd. | UNSTATED | — | — | — | CAPEX | FY25 | EST | 75% |
| “N Commissioning of a Site Mixed Explosives (SME) plant at Neyveli, Tamil Nadu, licensed for 4,000 MT per annum—fully catering to NLC India Ltd.’s explosives de…” AR DOC | ||||||||
| NTPCGREENNTPC Green Energy Ltd. | UNSTATED | — | — | — | — | FY26 | EST | 75% |
| “He previously served as Director (Finance) in NLC India Limited, Maharashtra State Electricity and Distribution Company Limited and Maharashtra State Power Gen…” AR · +1 DOC | ||||||||
| CMPDICentral Mine Planning & Design Institute Ltd. | UNSTATED | — | — | — | COGS | 2026-10 | EST | 75% |
| “Prior to joining Coal India Limited, Shri Agrawal served as Executive Director at NLC India Limited, a Navratna Central Public Sector Enterprise.” AR · +1 DOC | ||||||||
| CMPDICentral Mine Planning & Design Institute Ltd. | UNSTATED | — | — | — | — | 2026-10 | EST | 75% |
| “Shri Agrawal also served as the Chief Financial Officer (CFO) of NLC Uttar Pradesh Power Limited (NUPPL), a subsidiary of NLC India Limited, where he played a …” AR DOC | ||||||||
| NTPCNTPC Ltd. | UNSTATED | — | — | — | — | FY26 | EST | 75% |
| “He previously served as Director (Finance) in NLC India Limited, Maharashtra State Electricity and Distribution Company Limited and Maharashtra State Power Gen…” AR · +1 DOC | ||||||||
| BHELBharat Heavy Electricals Ltd. | CONTRACT | — | — | — | — | FY24 | EST | 75% |
| “Updates Bharat Heavy Electricals Limited has informed the Exchange regarding 'Receipt of an order from NLC India Limited'.” ANN · 12-JAN-24 DOC | ||||||||
| RITESRITES Ltd. | CONTRACT | — | — | — | — | FY25 | EST | 75% |
| “Bagging/Receiving of orders/contracts RITES Limited has informed the Exchange regarding major order secured from NLC India Limited.” ANN · 14-FEB-25 DOC | ||||||||
| Business | UNSTATED | — | — | — | — | FY26 | EST | 70% |
| “Business Ethics and Standards In line with our commitment to uphold ethical business practices, we consistently maintain fairness and integrity in all our enga…” AR · +1 DOC | ||||||||
| Others | UNSTATED | — | — | — | — | FY26 | EST | 70% |
| “in/new_website/ Vendor%20 Grievance%20 Policy%20rv1%20 18082022.pdf NIL NIL NIL NIL NIL NIL Others https://web.nlcindia.in/ webcount/Document/ Complaint_Policy…” AR · +1 DOC | ||||||||
| Business | UNSTATED | — | — | — | COGS | FY25 | EST | 70% |
| “4 Percentage of input material (inputs to total inputs by value) sourced from suppliers: FY 2025-26 FY 2024-25 Directly sourced from MSMEs/small producers* 60.…” AR DOC | ||||||||
| INOXWINDInox Wind Ltd. | UNSTATED | — | — | — | — | FY25 | EST | 70% |
| “We have a well- diversified orderbook with customers including NTPC, CESC, NLC India, Hero Future Energies, Inox Clean Energy, Continuum, Integrum & Gentari, a…” AR · +1 DOC | ||||||||
| SOURCE | READ | % | LAST READ |
|---|---|---|---|
| ANNOUNCEMENTS | 2/2 | 100% | 08-NOV-26 |
| ANNUAL | 2/2 | 100% | 15-OCT-26 |
| CONCALL | 4/4 | 100% | 15-OCT-26 |
| ORDERS | 2/2 | 100% | 08-NOV-26 |
| RATINGS | 0/10 | 0% | — |
| SCREENER | 1/1 | 100% | 09-NOV-26 |
| SIGNAL | VALUE | AS OF | INPUTS |
|---|---|---|---|
| CUST MOM 1M | +2.8% | 14-NOV-26 | from 15-OCT-26 · SJVN Ltd. +3.6% w 0 · Bharat Heavy Electricals Ltd. +0.5% w 0 · Indian Renewable Energy Development Agency Ltd. +9.3% w 0 · Tata Power Co. Ltd. -0.5% w 0 · CCL Products (I) Ltd. -9.9% w 0 · ICICI Bank Ltd. +14.0% w 0 |
| SUPP MOM 1M | +11.8% | 14-NOV-26 | from 15-OCT-26 · NTPC Green Energy Ltd. -8.5% w 0 · Indian Oil Corporation Ltd. +11.8% w 0 · Inox Wind Ltd. -6.0% w 0 · Canara Bank +11.8% w 1 · Bharat Heavy Electricals Ltd. +0.5% w 0 |