NLC India Ltd

NLC India Limited and National Aluminium Company Limited announced the incorporation of a joint venture company, NLC NALCO Power Limited, in India, with a 50:50 equity participation to develop a 1080 MW thermal captive power plant in phases, intended to meet NALCO’s power requirements, following approval from the Ministry of Coal and compliance with DIPAM guidelines.

NLC India Limited informed the National Stock Exchange of India Ltd. and BSE Ltd. that the trading window for the un-audited financial results for the quarter and half year ending on September 30, 2026, will be closed from September 30, 2026, until 48 hours after the results are declared, as per the company’s code of internal procedures.

NLC India Limited announced that Dr. Prasanna Kumar Acharya, currently Director (Finance), has been appointed as Chairman cum Managing Director for a period of five years, effective September 17, 2026, succeeding Shri Sanoj Kumar Jha, who was holding the additional charge. Dr. Acharya relinquished his position as Director (Finance) and CFO on the same date, and brings nearly three decades of experience from organizations including GRIDCO, NTPC, and Tata Power.

NLC India Limited announced that Dr. Prasanna Kumar Acharya, currently Director (Finance), has been appointed as Chairman cum Managing Director for a period of five years, effective September 17, 2026, succeeding Shri Sanoj Kumar Jha, who was holding the additional charge. Dr. Acharya relinquished his position as Director (Finance) and CFO on the same date, and brings nearly three decades of experience from organizations including GRIDCO, NTPC, and Tata Power.

NLC India Ltd fell for a fifth straight session today. The stock is quoting at Rs 258.4, down 1.02% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.65% on the day, quoting at 23269.55. The Sensex is at 74411.94, up 0.55%.NLC India Ltd has eased around 6.93% in last one month.Meanwhile, Nifty Energy index of which NLC India Ltd is a constituent, has eased around 3.52% in last one month and is currently quoting at 37147.95, up 0.39% on the day. The volume in the stock stood at 16.26 lakh shares today, compared to the daily average of 14.26 lakh shares in last one month.The PE of the stock is 14.29 based on TTM earnings ending June 26.

NLC India Ltd announced that CRISIL Ratings Limited has reaffirmed the ratings for its outstanding debt instruments, specifically for Total Bank Loan Facilities amounting to Rs. 9,140.44 Crore (reduced from Rs. 10,334.7 Crore) with a rating of CRISIL AAA/Stable, and for Non-Convertible Debentures amounting to Rs. 2,500 Crore with a rating of CRISIL AAA/Stable; no enhancements, assignments, or withdrawals were indicated by the rating agency.

NLC India Ltd announced that India Ratings & Research Private Limited has reviewed and assigned an IND AAA/Stable rating to its bank loan facilities amounting to Rs 1,102 crore and affirmed the IND AAA/Stable rating for its non-convertible debentures totaling Rs 2,500 crore; the agency also affirmed the IND A1+ rating for commercial papers (CPs) of Rs 6,000 crore and reaffirmed the IND AAA/Stable and IND A1+ ratings for bank loan facilities of Rs 2,923 crore.

NLC India Ltd share price gained 0.20% to Rs 303.75. The Company's net profit witnessed a sharp fall of 70.55% to Rs 436.27 crore, while revenue from operations softened by 6.46% to Rs 4716.75 crore in Q2FY26 over Q1FY26. The market capitalization of Power Generation industry group stocks on BSE stood at Rs 10.75 lakh crore, gaining 7.01%. It has inched up 1.79% over last one week and edged lower by 4.05% in last one month while the market capitalization of NLC India Ltd has marginally improved by 2.03% and 7.39% in the same period respectively. Profit before tax (PBT) of NLC India Ltd stood at Rs 651.55 crore in Q2 FY26, easing 9.76% year-on-year, and crashing by 57.07% quarter-on-quarter. EBITDA came in at Rs 1320 crore, jumping 104.85% YoY and nosediving by 18.48% sequentially. Total expenses eased by 1.30% to Rs 3911.27 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 588.09 crore, contracting 9.48% YoY. For the TTM ended FY26, revenue from operations grew 17.55% to Rs 15282.96 crore, while net profit saw a strong growth of 45.31% to Rs 2713.37 crore, compared to previous TTM. EBITDA soared by 264703% to Rs 3233.74 crore, and PBT jumped 28.29% to Rs 3696.93 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 8977.12 crore in FY26, as against Rs 5512.49 crore in FY25. NLC India Ltd surged by 30% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 1.97% during the same period.

NLC India Ltd rose for a fifth straight session today. The stock is quoting at Rs 305.1, up 0.59% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.09% on the day, quoting at 24646.25. The Sensex is at 78807.06, up 0.29%. NLC India Ltd has added around 0.94% in last one month. Meanwhile, Nifty Energy index of which NLC India Ltd is a constituent, has added around 1.16% in last one month and is currently quoting at 38830.05, down 0.25% on the day. The volume in the stock stood at 9.73 lakh shares today, compared to the daily average of 21.8 lakh shares in last one month.The PE of the stock is 16.65 based on TTM earnings ending March 26.

NLC India Ltd gained for a third straight session today. The stock is quoting at Rs 302, up 1.33% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 1.09% on the day, quoting at 24503.3. The Sensex is at 78415.09, down 0.28%. NLC India Ltd has slipped around 1.93% in last one month. Meanwhile, Nifty Energy index of which NLC India Ltd is a constituent, has slipped around 1.59% in last one month and is currently quoting at 38937, down 0.21% on the day. The volume in the stock stood at 9.93 lakh shares today, compared to the daily average of 22.07 lakh shares in last one month.The PE of the stock is 16.36 based on TTM earnings ending March 26.