NLC India share price today

NLC India Ltd's share price was ₹247.68 at the close on 4 November 2026. It has been falling for 7 weeks. That is 9.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹228 and ₹353, and at that close it sat 16% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today NLC India Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 20 weeks running.

Over the last 11 years the share price moved +279% while the NIFTY 500 moved +257%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 25 June 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

1. Profit fell in the June 2026 quarter

   Profit was ₹436 crore, -48% on a year earlier (₹839 crore), after 2 quarters of growth.

3. Revenue up on a year earlier for 9 quarters in a row

   In the June 2026 quarter revenue was ₹4,717 crore, +23.3% on a year earlier.

NLC India paid ₹3.85 a share in regular dividends in the 12 months to 5 November 2026 (2 payments), a yield of 1.55% at the ₹247.68 close on 4 November 2026. The last was a dividend of ₹0.25 a share, ex-date 22 September 2026.

NLC India dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. NLC India Ltd paid out 15% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

For April to June 2026 (the quarter ended 30 June 2026), NLC India reported revenue of ₹4,717 crore, up 23.3% from ₹3,826 crore a year earlier, and a profit of ₹436 crore, down 48.0% from ₹839 crore.

NLC India results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

The newest call in our records is from 27 May 2026, about January to March 2026; a call about these results is not in our records yet.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

NLC India closed at ₹247.68 on 4 November 2026, down 4.1% from ₹258.25 a year earlier (7 November 2025) and up 266.1% over five years. Its highest weekly close since February 2016 was ₹352.80 on 15 May 2026.

NLC India share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

565 weekly closes from 26 February 2016 to 4 November 2026.

4 Nov 2026: NLC India closed at ₹247.68, up 8.7% on the week and down 2.2% on the month. 22 Sep 2026: ex-date for a dividend of ₹0.25 a share.

Earlier

• Results for April to June 2026: Revenue up 23.3% and profit down 48.0% on a year earlier.
• 27 May 2026: NLC India held its results call for January to March 2026.
• 20 Jan 2026: ex-date for an interim dividend of ₹3.60 a share.

On the call for January to March 2026, held on 27 May 2026, NLC India's management spoke about the quarter; the main points are below.

From the call for January to March 2026, 27 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.

NLC India is on 4 of our India lists: 52 week high & low, Dividend stocks, Small & mid cap stocks and Power & green energy stocks.

NLC India Ltd earned ₹436 Cr of net profit in the Jun 2026 quarter, −48.0% on the same quarter a year earlier. Full-year FY26 profit was ₹3,769 Cr. Over 10 years profit has grown 49.4% a year on average. That is 9.2% of the quarter's revenue. The same quarter a year earlier earned ₹839 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹3,769 Cr (+38.9% on the year before).

Why profit moved: revenue changed +23.3% on a year earlier and the margin moved +7.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +36.6% and revenue +17.4%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

NLC India Ltd reported ₹4,717 Cr of revenue in the Jun 2026 quarter, +23.3% on the same quarter a year earlier. That is the 9th quarter in a row with growth on the year before. Over 10 years it has grown 8.4% a year on average. The last full year, FY26, came in at ₹17,519 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹18,380 Cr.

FY26 revenue was ₹17,519 Cr, +14.3% on the year before.

Recent pace: the last four quarters grew +17.4% on average, against 8.4% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +16.8%, against +18.6% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +12.8%, against +29.1% a year (rolling over).

NLC India Ltd's operating margin was 31.0% in the Jun 2026 quarter, 7.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 23.0% and 46.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +6.8 percentage points on the year while gross margin changed +0.4 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 235% of NLC India Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹5,166 Cr of operating cash against ₹3,769 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹7,272 Cr of spending on assets, free cash was −₹2,106 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 235% of profit came in as cash: the cash cycle got 206 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 3.0× depreciation over three years. The next section checks what that spending is building.

NLC India Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 70 days in FY26, down from 276 days in FY21. It spent ₹18,283 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹17,519 Cr, each day of that cycle ties up about ₹48.0 Cr, so roughly ₹3,360 Cr is tied up in the business at any time.

Spending on assets: ₹18,283 Cr over the last 3 years, against ₹6,088 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹14,293 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

NLC India Ltd's P/E is 10.7×, in the middle of its own history: higher than 63% of past readings. Its usual P/E (the middle reading) is 7.7×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.