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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
NLC India Limited is an India-based company, which is engaged in the business of mining of lignite, coal and generation of power by using lignite as well as renewable energy sources and consultancy. Its segments include Mining and Power generation. The Mining segment includes…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, fast-growing business, trading cheap versus its own history.
NLC India is scored on the commodity / cyclical framework. It keeps a fat 20.4% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 1.37× reported profit. Free cash flow is worth about -7.2% of its market value.
Over the last 3 years revenue compounded at 2%/yr and profit at 38%/yr. Book value has grown 13%/yr. Return on equity is a healthy 16.8%. In the latest quarter profit fell 71% versus the prior quarter.
At 9× earnings, the stock sits at the 6th percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price asks for only ~-3%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of B, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 8.3 | — | — |
| P/B | 1.41 | 2.57 | better |
| EV/EBITDA | 8 | 28.83 | better |
| ROE | 16.77 | 11.41 | better |
| ROCE | 9.17 | 9.82 | worse |
| ROA | 5.89 | — | — |
| Quick Ratio | 0.58 | 1.98 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Adani Power | 21.1 | 5.1 | 23.7% |
| NTPC | 10.3 | 1.5 | 13.9% |
| Power Grid Corp | 14.9 | 2.3 | 15.2% |
2% CAGR — growing but slowly. Growth is decelerating — latest year grew slower than the year before.
Net profit has risen every year — the hallmark of a compounder. Profit is growing faster than revenue (38% vs 2%) — margin expansion is at work. The latest year saw a +39% swing — check if it's a one-off or structural.
Operating margin has expanded from 12% to 21% — the business is keeping more of each rupee earned. Interest or tax burden is shrinking — more of the operating profit is reaching the bottom line.
ROE at 15% — a respectable return on shareholder capital. Capital efficiency improving — ROE up 7pp across the window.
EPS has grown every year — each share earns more than the last, consistently. Profit grew faster than EPS (38% vs 35%) — share dilution is eroding per-share value. 35% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 1.4× PAT — earnings are well-backed by cash; strong accrual quality. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 6% QoQ — could be seasonality or a genuine slowdown. Run-rate stepping up — recent quarters average 10% above earlier ones.
Profit fell 71% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly margins are compressing (17% → 9%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 69.5% — heavily owner-operated with strong skin in the game. Promoters reduced 2.7pp over 4 quarters — watch whether this is planned divestment or pledge invocations.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.