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India
As of 18 Sept 2026, 03:30 pm
On September 17, 2026, Dr. Prasanna Kumar Acharya was appointed as the Chairman and Managing Director (CMD) of NLC India Limited for a term of five years, succeeding Shri Sanoj Kumar Jha who held additional charge. Concurrently, NLC India Renewables Limited (NIRL), a wholly-owned subsidiary, entered into a joint venture with PTC India Limited on September 16, 2026, to develop green energy projects. NIRL will hold a 74% stake in this new venture, named NIRL PTC RENEWABLES LIMITED, with PTC India holding the remaining 26%.
As of September 18, 2026, NLC India's stock closed at ₹268.8. Recent returns show a 2% gain over one day, but a 3% decline over one month and a 17% decline over three months. The technical indicators suggest a bearish trend on daily, weekly, and monthly timeframes, with the Supertrend indicator pointing to ₹280.28 on a daily basis and ₹370.25 on a monthly basis. The stock is currently trading below its 20-day Exponential Moving Average (EMA) of ₹270.06 and its 50-day EMA of ₹281.52. Nearest support levels are identified at ₹267.57 and ₹264.93, while resistance is seen around ₹272.23.
As of September 18, 2026, NLC India has shown a return of 5% since the start of the year (YTD) and a 5% return over the last year.
As of 18 Sept 2026, 03:30 pm
Recent drawdown or price variability is high enough to warrant closer monitoring.
Primary driver: Price remains materially below a previous peak
The session opened materially below the previous close, indicating a sharp repricing at the open.
The price gap may increase short-term downside uncertainty and warrants review of the underlying context.
Trading volume was unusually high, but the closing price did not show a clear directional move.
This indicates increased participation without a clear directional signal.
The session traded across a materially wider price range than usual.
Larger price swings can increase short-term uncertainty, especially if they continue.
The session traded across a materially wider price range than usual.
Larger price swings can increase short-term uncertainty, especially if they continue.
Latest complete financial results for Q1 FY2027 and comparative quarterly trends.
| Metric | Q1 FY2026-27(Latest) | Q4 FY2025-26 | Q3 FY2025-26 | Q2 FY2025-26 | Q1 FY2025-26 |
|---|---|---|---|---|---|
| Revenue From Operations | ₹4,716.75 crore | PEAK₹5,042.46 crore | ₹4,443.05 crore | ₹4,178.41 crore | ₹3,825.61 crore |
| Finance Costs | PEAK₹382.12 crore | ₹364.31 crore | ₹269.30 crore | ₹289.18 crore | ₹298.79 crore |
| Expenses | ₹4,293.39 crore | PEAK₹4,327.14 crore | ₹3,829.42 crore | ₹3,615.72 crore | ₹3,728.96 crore |
| Profit Before Tax | ₹574.46 crore | ₹870.08 crore | PEAK₹977.68 crore | ₹731 crore | ₹386.89 crore |
| Tax Expense | PEAK₹215.28 crore | ₹36.20 crore | ₹118.68 crore | ₹196.61 crore | -₹245.55 crore |
| Profit Loss For Period | ₹436.33 crore | PEAK₹1,481.45 crore | ₹724.01 crore | ₹724.80 crore | ₹839.21 crore |
NLC India’s first quarter of FY2026-27 showed a mixed performance. Revenue and operating profit improved compared to the same quarter last year, but net profit fell sharply because the company recorded a large tax expense this quarter versus a tax credit a year ago. Sequentially, revenue and profits declined from the fourth quarter of the previous fiscal year.
Segment profit before tax was ₹651.61 crore, 9.76% higher than ₹593.66 crore in Q1 last year but 57.06% lower than ₹1,517.65 crore in Q4. The segment PBT exceeded total company PBT by ₹77.15 crore, as certain costs, including finance costs, are not allocated to business segments.
Exchange disclosures and regulatory announcements for NLC India.
On September 18, 2026, NLC India Limited issued a corrigendum to its 70th Annual General Meeting notice to add Item No. 11, proposing the appointment of Dr. Prasanna Kumar Acharya as Chairman cum Managing Director for a five-year term effective September 17, 2026. This proposal follows approval from the Ministry of Coal and the President of India conveyed via letter dated September 16, 2026, requiring shareholder ratification through an Ordinary Resolution at the meeting scheduled for September 29, 2026.
NLC India Limited issued a corrigendum to its 70th Annual General Meeting notice, originally dated September 5, 2026, for the meeting scheduled on September 29, 2026. The Ministry of Coal, via letter dated September 16, 2026, conveyed the President of India's approval for Dr. Prasanna Kumar Acharya's appointment as Chairman cum Managing Director for five years, effective from his assumption of charge on September 17, 2026. This appointment is now proposed as Item No. 11 under Special Business, requiring an Ordinary Resolution for shareholder approval. Dr. Acharya, previously Director (Finance), holds one share in the company, and the Board recommends the resolution.
NLC India Limited has informed the Exchange about General Updates |SUBJECT: General Updates
NLC India Limited's wholly owned subsidiary, NLC India Renewables Limited (NIRL), incorporated a joint venture company named NIRL PTC RENEWABLES LIMITED with PTC India Limited on September 16, 2026, for setting up Green Energy Projects across India, with an equity participation ratio of 74:26.
Dr. Prasanna Kumar Acharya, previously Director (Finance), was appointed Chairman cum Managing Director of NLC India Limited for five years from September 17, 2026, following approval by the President of India conveyed by the Ministry of Coal. He assumed charge on September 17, 2026, and relinquished his roles as Director (Finance) and CFO. Shri Sanoj Kumar Jha ceased holding the additional charge of CMD on the same date.
Dr. Prasanna Kumar Acharya, previously Director (Finance) & CFO, was appointed Chairman cum Managing Director of NLC India Limited effective 17 September 2026, following approval from the Ministry of Coal and the President of India. His term is for five years from the date of assumption or until further orders. Shri Sanoj Kumar Jha, who held additional charge as CMD, handed over charge on the same date.
Dr. Prasanna Kumar Acharya was appointed Chairman cum Managing Director (CMD) of NLC India Limited, effective 17 September 2026, following approval from the Ministry of Coal (Government of India) dated 16 September 2026. His term is five years from the date of assumption or until further orders. He relinquished his previous role as Director (Finance) & CFO on the same date. Shri Sanoj Kumar Jha, who held additional charge of CMD, handed over charge on 17 September 2026.
Recent market and company developments associated with NLC India.
Stocks in news, Stocks in buzz, Stocks to buy, Stocks to watch, Tata Group stocks, Bharat Electronics, BEL, Wipro, IndiGo, InterGlobe Aviation, Veegaland, Skyways Air Services, PB Fintech, PTC India, NLC India, Petronet LNG, GPT Infraprojects, Federal Bank, Orissa Minerals Development Company, Federal Bank
Prasanna Kumar Acharya is appointed as CMD of NLCIL, bringing extensive experience in power and infrastructure sectors.
NLC India Renewables will hold 74% of the new venture, with PTC India owning the remaining 26% as the companies look for opportunities in the green energy sector.
Stocks in news, Stocks in buzz, Stocks to buy, Stocks to watch, Biocon, TCS, Bank of Baroda, NLC India, Innovision, GE Shipping, Moschip, Raymond, Berger Paints, Tata Consultancy Services, Enviro Infra Engineers, Moschip Technologies, Great Eastern Shipping Company, Laxmi Organic Industries, Fermenta Biotech
On September 9, Indian investors will focus on companies like NLC India, HMA Agro, and Tata Communications following key corporate developments.
Shares of NLC India Ltd ended at ₹272.20, up by ₹2.85, or 1.06%, on the BSE.
Shares of NLC India Ltd ended at ₹273.45, down by ₹1.05, or 0.38%, on the BSE.
India Business News: Stock market recommendations: NLC India, Deepak Nitrite, and Hindustan Copper have been picked as the top stocks to buy today on September 2, 2026 by .
Comprehensive Section Breakdown for NLC India
Strategic Vision: Mines lignite and generates electricity from multiple sources.
• Government of India Enterprise status
• Operational presence across multiple states in India
• Integrated mining and power generation infrastructure
Revenue from operations was ₹4,716.75 crore in Q1 FY2026-27, down 6.46% from ₹5,042.46 crore in Q4 FY2025-26 but up 23.29% from ₹3,825.61 crore in Q1 FY2025-26. The sequential decline followed a rising trend through the previous fiscal year, where revenue increased each quarter from Q1 to Q4.
Total expenses were ₹4,293.39 crore, nearly flat compared to Q4 (₹4,327.14 crore, down 0.78%) and 15.14% higher than the year-ago quarter (₹3,728.96 crore). The expense-to-revenue ratio improved: expenses were 91.0% of revenue in the current quarter, down from 97.5% in Q1 last year.
Finance costs were ₹382.12 crore, up 4.89% from Q4 (₹364.31 crore) and 27.89% from Q1 last year (₹298.79 crore). The increase in finance costs absorbed some of the revenue growth.
Profit before tax (PBT) was ₹574.46 crore, down 33.98% from ₹870.08 crore in Q4 but up 48.48% from ₹386.89 crore in Q1 last year. The year-on-year improvement in PBT was driven by revenue growth of 23.29% outpacing expense growth of 15.14%.
The main factor affecting net profit was the tax expense. In Q1 FY2026-27, tax expense was ₹215.28 crore, compared to a tax credit of ₹245.55 crore in Q1 FY2025-26. This swing of ₹460.83 crore turned a higher PBT into a lower net profit. Sequentially, tax expense also increased sharply from ₹36.20 crore in Q4.
As a result, net profit (profit for the period) was ₹436.33 crore, down 48.01% from ₹839.21 crore in Q1 last year and 70.55% from ₹1,481.45 crore in Q4. Basic earnings per share fell to ₹3.49 from ₹6.05 a year ago and ₹10.05 in the prior quarter.
NLC India’s first quarter delivered year-on-year growth in revenue and operating profit, but net profit fell sharply because the tax line swung from a credit of ₹245.55 crore a year ago to an expense of ₹215.28 crore. The sequential decline from the fourth quarter was broad-based across revenue, expenses, and profits, though the previous quarter had recorded higher revenue and profits. Finance costs increased both year-on-year and from the prior quarter, and as a percentage of revenue they were higher than in the same quarter last year.
Category: Manufacturing
Operates opencast lignite mines across various locations in India.
Category: Manufacturing
Produces electricity through lignite, coal, and renewable energy sources like wind and solar.
Category: Manufacturing
Develops green energy projects through joint ventures, such as the initiative in Assam.
Core Thesis: The company integrates mining operations with diverse power generation capabilities, including renewables, to supply electricity.
• Integrated Operations: Combines lignite mining with electricity generation from various fuel sources. • Diversified Energy Sources: Utilizes lignite, coal, wind, and solar power for electricity production. • Geographic Presence: Maintains mining and power generation facilities across Tamil Nadu, Rajasthan, Puducherry, and Andaman. • Strategic Partnerships: Engages in joint ventures to develop green energy projects in new regions.