NLC India Ltd Stock Analysis

BSE: 513683 | NSE: NLCINDIA | Power Generation/Distribution | Mid Cap

BSE Share Price Jul 06, 18:01
67.00 -0.55 (-0.81%)

DeciZen - Make an Informed Decision on Neyveli Lignite

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

FAQs

1. Is NLC India Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that NLC India Ltd is a below average quality company.

2. Is NLC India Ltd undervalued or overvalued?

The key valuation ratios of NLC India Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is NLC India Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of NLC India Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Neyveli Lignite:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
NLC India Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 9.4%9.1%9.9%8.2%2%14.8%9.3%6.6%7.2%6%-
Value Creation Index -0.3-0.3-0.3-0.4-0.90.1-0.3-0.5-0.5-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 4,8675,5905,9676,0886,6528,5618,4907,1467,9167,2509,856
YoY Gr. Rt. %-14.9%6.8%2%9.3%28.7%-0.8%-15.8%10.8%-8.4%-
Adj EPS 8.17.99.181.316.511.59.510.27.78.9
YoY Gr. Rt. %--1.7%14.9%-12.5%-83.7%1170.8%-30.2%-18%8.1%-25%-
BVPS (₹) 71.877.282.988.77779.887.290.291.297.999.6
Adj Net Profit 1,3531,3301,5281,3362182,5261,7631,3121,4181,0641,237
Cash Flow from Ops. -34.61,2223,2118511,3148103,7614991,1684,052-
Debt/CF from Ops. -110.52.913.72.78.62.326.414.43.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.5%1.7%-5.1%-8.4%
Adj EPS -0.6%42.6%-12.7%-25%
BVPS 3.54.93.97.4
Share Price -2.2% -8.2% 1.6% 10.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 11.710.711.49.31.620.113.810.211.38.19
Op. Profit Mgn % 35.735.832.231.218.127.926.716.93326.137.8
Net Profit Mgn % 27.823.825.6223.329.520.818.417.914.712.6
Debt to Equity 0.30.30.20.20.30.60.71.11.31.10.6
Working Cap Days 390415388387370380519625575654241
Cash Conv. Cycle 152237187135136141154161196270103

Recent Performance Summary

Sales growth is good in last 4 quarters at 40.25%

Return on Equity has declined versus last 3 years average to 9.00%

Sales growth has been subdued in last 3 years -5.13%

Net Profit has been subdued in last 3 years -12.73%

Debt to equity has increased versus last 3 years average to 1.11

Latest Financials - NLC India Ltd.

Standalone Consolidated
TTM EPS (₹) 8.9 7.9
TTM Sales (₹ Cr.) 9,856 11,948
BVPS (₹.) 99.6 102.3
Reserves (₹ Cr.) 12,420 12,803
P/BV 0.68 0.66
PE 7.57 8.57
From the Market
52 Week Low / High (₹) 49.90 / 92.40
All Time Low / High (₹) 4.90 / 273.90
Market Cap (₹ Cr.) 9,367
Equity (₹ Cr.) 1,386.6
Face Value (₹) 10
Industry PE 10.8

Management X-Ray of Neyveli Lignite :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

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News

About NLC India Ltd

NLC India Limited (formerly Neyveli Lignite Corporation Limited) is a Government Company registered under the erstwhile Companies Act, 1956 with its registered office located at Chennai and is listed with the Bombay Stock Exchange Ltd and the National Stock Exchange of India Ltd. The main activity of NLC India is Mining (Coal & Lignite) and Power Generation (Thermal and Renewable Energy). 

Business area of the company

The company is engaged in the business of mining of lignite and generation of power by using lignite as well as Renewable Energy Sources.

Awards

2014-15:

  • Productivity Award instituted by World Academy of Productivity Science (WAPS).
  • Greentech Gold Award 2014 instituted by Greentech Foundation for the best safety performance of TPS-II.
  • National Award instituted by ‘Governance Now’ for Best HR Practices (Training).
  • National Energy Conservation Award -2014 for Mine-I instituted by Bureau of Energy Efficiency.
  • IE (I) Industry Excellence Award 2014, instituted by Institution of Engineers (India).
  • First Prize in the category of Best Public Sector Undertaking Unit implementing Right to Information Act, Instituted by Public Relation Society of India (PRSI).
  • Green Rating Project (GRP) Award, instituted by the Centre for Science & Environment for Barsingsar TPS and TPS-II, Neyveli.

2015-16:

  • “Excellence in Cost Management Award 2014” from the Institute of Cost Accountants of India in recognition of cost control measures undertaken by Company.
  • “Star PSU Award” from Bureaucracy Today, for excellence in Corporate Social Responsibility in recognition of commitment and continuous engagement by Company with communities towards empowering development for a sustainable growth.
  • “Excellence in Integrated Water Resource Management Award” from Central Board of Irrigation and Power.
  • “National Golden Peacock Award for CSR-2015” from the Institution of Directors, New Delhi.
  • “Gold Award” for outstanding achievement in CSR from Greentech Foundation.

2016-17:

  • Gold Trophy & a Citation of Scope Excellence Award - Institutional Category (Maharatna/Navratna PSE’s) for the year 2011-12.
  • National award for outstanding Industrial Relations for the year 2014-15 instituted by the All India Organisation of Employers (AIOE). 
  • Golden Peacock Environment Award 2016 instituted by Institute of Directors, New Delhi in appreciation of its adoption of environment friendly technologies.

2017-18:

  • “Golden Peacock Environment Management Award” for the year 2017 in appreciation of its adoption of environment friendly technology presented in the World Congress on Environment Management.
  • Four National Awards and a Special Jury Award for Corporate video, bestowed by The Public Relations Society of India (PRSI) recognising the Company’s achievements in public relations and performance.
  • “NIPM National Award” for Best HR Practices 2017 by National Institute of Personnel Management (NIPM) for implementing modern HR strategies in the Company.
  • “Golden Peacock Award for Sustainability 2017” presented in Golden Business Meet.

2018-19:

  • Prestigious “Brands of the Decade” award, in recognition of its Vision and Mission in accordance with an exigent business model for massive expansion projects spreading across India.
  • Apex India CSR Excellence Award for its outstanding achievement in Corporate Social Responsibility at the Apex India Excellence Awards 2017 presentation.
  • Adjudged as the fastest growing Public Sector Enterprise (Navratna Category) by the Hindustan times group based on a study/survey by Price Waterhouse Cooper under the Navratna Category.
  • Bagged the prestigious Dun & Bradstreet PSU Award 2018 in the Best Growth Performance – Power Generation category.
  • Bagged the most prestigious NIPM Award for Best HR Practices in category A Organisations, NIPM Best IR Strategist Award and Best Development Programme in PSU for Middle Management at World HRD Congress, Mumbai.
  • Best Enterprise Award 2019 instituted by National WIPS Forum.

2019-20:

  • Platinum awards from GROW CARE INDIA for Environment Management.
  • 'National Project Excellence Award 2019' for successful commissioning of Clean and Green Solar Power Project
  • PRSI National Awards for outstanding contributions in the field of RTI and CSR.
  • Mine-I received the prestigious National Safety Award
  • 'Best Enterprise Award' in the Navratna category instituted by the Forum of Women in Public Sector (WIPS)
  • Apex India CSR Excellence Award 2019 in Platinum Category
  • Aqua Excellence Award 2019 for CSR
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