NLC India Ltd
NSE:NLCINDIA

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NLC India Ltd
NSE:NLCINDIA
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Price: 239.23 INR 1% Market Closed
Market Cap: 331.7B INR
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+23%
5Y
+53%
10Y
-
Operating Income
+
3Y
+14%
5Y
+48%
10Y
-
Net Income
+
3Y
+71%
5Y
+105%
10Y
-

Earnings Waterfall
NLC India Ltd

Revenue
162.5B INR
Cost of Revenue
-25.1B INR
Gross Profit
137.4B INR
Operating Expenses
-104.2B INR
Operating Income
33.2B INR
Other Expenses
-7.1B INR
Net Income
26.1B INR

Income Statement
NLC India Ltd

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Income Statement
Currency: INR
Sep-2002 Dec-2002 Mar-2003 Jun-2003 Sep-2003 Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
16
20
39
187
346
566
690
710
706
654
661
625
602
566
543
535
518
502
433
318
207
98
88
0
0
0
82
0
0
0
336
0
0
0
931
0
0
0
1 495
0
0
0
1 934
0
0
0
6 999
0
0
0
11 656
0
0
0
16 080
0
0
0
12 700
0
0
0
14 843
0
0
0
13 180
0
0
0
0
0
0
Revenue
10 877
N/A
17 575
+62%
26 815
+53%
27 480
+2%
28 407
+3%
27 467
-3%
28 068
+2%
28 259
+1%
29 753
+5%
29 465
-1%
30 019
+2%
31 912
+6%
31 520
-1%
31 749
+1%
22 014
-31%
19 956
-9%
18 836
-6%
18 239
-3%
21 081
+16%
22 459
+7%
23 658
+5%
25 302
+7%
29 817
+18%
32 912
+10%
32 316
-2%
33 909
+5%
33 549
-1%
31 521
-6%
33 655
+7%
37 833
+12%
41 210
+9%
43 821
+6%
45 637
+4%
41 812
-8%
42 960
+3%
40 151
-7%
40 513
+1%
42 281
+4%
48 669
+15%
49 871
+2%
52 369
+5%
54 466
+4%
55 901
+3%
24 377
-56%
47 221
+94%
74 076
+57%
98 709
+33%
95 155
-4%
96 575
+1%
97 146
+1%
103 206
+6%
109 373
+6%
106 036
-3%
100 759
-5%
98 461
-2%
101 837
+3%
111 848
+10%
117 017
+5%
119 479
+2%
127 744
+7%
131 699
+3%
141 171
+7%
161 652
+15%
156 188
-3%
151 071
-3%
145 925
-3%
129 990
-11%
130 586
+0%
137 383
+5%
149 853
+9%
152 830
+2%
157 325
+3%
162 537
+3%
Gross Profit
Cost of Revenue
(1 752)
(2 610)
69
(242)
(29)
70
(84)
(2 705)
(3 167)
(3 254)
212
(3 141)
(3 379)
(3 713)
(3 889)
(4 082)
(4 345)
(4 221)
(4 167)
(4 285)
(4 496)
(4 687)
(4 708)
(4 598)
(4 033)
(4 164)
(3 611)
34
(372)
(403)
(4 789)
(5 056)
(4 804)
(5 038)
(4 836)
(5 094)
(5 218)
(5 367)
(5 574)
(5 188)
(5 060)
(5 462)
(5 223)
(7 451)
(11 571)
(18 422)
(31 149)
(17 071)
(16 410)
(14 178)
(27 967)
(15 972)
(15 389)
(14 815)
(25 687)
(19 213)
(20 225)
(19 702)
(30 511)
(15 253)
(16 978)
(19 736)
(44 018)
(22 594)
(19 751)
(17 683)
(34 996)
(15 606)
(19 694)
(20 583)
(44 216)
(24 843)
(25 110)
Gross Profit
9 126
N/A
14 966
+64%
26 884
+80%
27 239
+1%
28 378
+4%
27 537
-3%
27 984
+2%
25 547
-9%
26 578
+4%
26 203
-1%
30 232
+15%
28 770
-5%
28 141
-2%
28 036
0%
18 125
-35%
15 874
-12%
14 492
-9%
14 020
-3%
16 914
+21%
18 174
+7%
24 184
+33%
25 635
+6%
25 109
-2%
28 314
+13%
24 704
-13%
29 745
+20%
29 938
+1%
29 836
0%
31 564
+6%
37 430
+19%
36 421
-3%
38 766
+6%
40 834
+5%
36 774
-10%
38 124
+4%
35 057
-8%
35 295
+1%
36 914
+5%
43 095
+17%
44 683
+4%
47 309
+6%
49 004
+4%
50 678
+3%
16 926
-67%
35 650
+111%
55 654
+56%
67 561
+21%
78 084
+16%
80 165
+3%
82 968
+3%
75 238
-9%
93 403
+24%
90 648
-3%
85 945
-5%
72 774
-15%
82 623
+14%
91 623
+11%
97 315
+6%
88 969
-9%
112 491
+26%
114 721
+2%
121 435
+6%
117 634
-3%
133 594
+14%
131 320
-2%
128 242
-2%
94 995
-26%
114 980
+21%
117 690
+2%
129 270
+10%
108 614
-16%
132 482
+22%
137 427
+4%
Operating Income
Operating Expenses
(4 482)
(7 409)
(14 697)
(15 332)
(16 139)
(16 430)
(19 831)
(14 030)
(14 134)
(14 027)
(18 473)
(14 275)
(14 710)
(14 918)
(13 816)
(13 819)
(13 665)
(13 543)
(13 705)
(14 274)
(14 752)
(15 518)
(17 371)
(18 156)
(21 301)
(19 159)
(26 046)
(27 582)
(28 652)
(33 783)
(26 030)
(27 119)
(28 447)
(28 377)
(26 037)
(26 166)
(26 651)
(27 060)
(30 006)
(31 928)
(32 982)
(34 703)
(35 723)
(11 355)
(25 768)
(40 602)
(43 404)
(56 047)
(58 247)
(59 605)
(61 083)
(68 491)
(68 152)
(68 568)
(58 404)
(65 735)
(67 697)
(69 592)
(65 858)
(83 244)
(85 655)
(105 042)
(96 822)
(117 372)
(107 274)
(91 557)
(72 353)
(86 621)
(99 906)
(110 913)
(80 894)
(103 705)
(104 231)
Selling, General & Administrative
(2 167)
(3 273)
(12 125)
(4 377)
(4 308)
(4 251)
(14 927)
(4 987)
(5 082)
(5 208)
(13 220)
(5 003)
(5 060)
(5 109)
(10 484)
(5 240)
(5 282)
(5 399)
(9 280)
(5 931)
(6 489)
(7 361)
(12 799)
(8 625)
(8 973)
(9 032)
(21 724)
(12 992)
(14 119)
(16 721)
(23 523)
(17 862)
(18 158)
(17 319)
(21 875)
(14 582)
(15 254)
(15 585)
(25 082)
(17 623)
(17 999)
(18 505)
(29 656)
(6 677)
(13 162)
(19 799)
(43 908)
(29 794)
(30 895)
(31 068)
(48 682)
(29 647)
(28 759)
(28 310)
(46 262)
(27 116)
(26 946)
(27 500)
(49 869)
(26 858)
(27 428)
(26 820)
(55 994)
(25 631)
(25 687)
(25 904)
(61 159)
(29 681)
(29 479)
(29 544)
(59 299)
(30 236)
(29 438)
Depreciation & Amortization
(1 231)
(1 774)
(2 599)
(3 128)
(3 776)
(4 310)
(4 998)
(5 062)
(5 151)
(5 367)
(5 163)
(5 229)
(5 218)
(5 149)
(3 495)
(3 261)
(3 011)
(2 832)
(4 473)
(4 552)
(4 487)
(4 462)
(4 545)
(4 423)
(4 448)
(4 432)
(4 666)
(3 943)
(3 646)
(3 365)
(2 539)
(2 773)
(3 082)
(3 315)
(4 129)
(4 126)
(3 991)
(3 945)
(4 363)
(4 651)
(4 689)
(5 316)
(5 176)
(2 788)
(5 761)
(8 456)
(11 208)
(11 058)
(10 978)
(11 597)
(13 418)
(14 718)
(15 667)
(16 207)
(16 373)
(16 392)
(16 782)
(17 310)
(19 447)
(19 155)
(19 259)
(19 474)
(18 357)
(18 263)
(18 477)
(18 341)
(18 656)
(17 968)
(17 543)
(17 661)
(19 204)
(19 904)
(21 257)
Other Operating Expenses
(1 083)
(2 362)
27
(7 826)
(8 054)
(7 868)
94
(3 981)
(3 902)
(3 453)
(91)
(4 044)
(4 432)
(4 659)
163
(5 318)
(5 372)
(5 312)
49
(3 791)
(3 777)
(3 697)
(27)
(5 108)
(7 880)
(5 695)
344
(10 647)
(10 887)
(13 698)
32
(6 484)
(7 208)
(7 744)
(35)
(7 458)
(7 405)
(7 529)
(562)
(9 655)
(10 295)
(10 882)
(891)
(1 889)
(6 845)
(12 347)
11 711
(15 196)
(16 374)
(16 941)
1 017
(24 128)
(23 728)
(24 052)
4 231
(22 227)
(23 970)
(24 783)
3 458
(37 233)
(38 969)
(58 750)
(22 470)
(73 479)
(63 110)
(47 312)
7 462
(38 972)
(52 884)
(63 708)
(2 391)
(53 566)
(53 537)
Operating Income
4 643
N/A
7 555
+63%
12 187
+61%
11 906
-2%
12 240
+3%
11 109
-9%
8 154
-27%
11 525
+41%
12 452
+8%
12 183
-2%
11 758
-3%
14 495
+23%
13 430
-7%
13 118
-2%
4 309
-67%
2 056
-52%
828
-60%
478
-42%
3 210
+572%
3 901
+22%
4 410
+13%
5 095
+16%
7 738
+52%
10 159
+31%
6 983
-31%
10 588
+52%
3 892
-63%
3 973
+2%
4 630
+17%
3 647
-21%
10 391
+185%
11 646
+12%
12 387
+6%
8 397
-32%
12 086
+44%
8 892
-26%
8 645
-3%
9 855
+14%
13 089
+33%
12 755
-3%
14 327
+12%
14 301
0%
14 955
+5%
5 571
-63%
9 881
+77%
15 051
+52%
24 156
+60%
22 035
-9%
21 917
-1%
23 362
+7%
14 155
-39%
24 910
+76%
22 495
-10%
17 376
-23%
14 370
-17%
16 889
+18%
23 926
+42%
27 723
+16%
23 111
-17%
29 247
+27%
29 066
-1%
16 393
-44%
20 813
+27%
16 222
-22%
24 046
+48%
36 685
+53%
22 641
-38%
28 359
+25%
17 783
-37%
18 357
+3%
27 720
+51%
28 777
+4%
33 196
+15%
Pre-Tax Income
Interest Income Expense
(15)
(19)
(39)
(187)
(346)
(566)
(690)
(710)
(706)
(654)
(661)
(625)
(602)
(566)
(543)
(535)
(519)
(503)
1 935
(318)
(207)
(98)
4 381
(14)
(26)
(45)
5 892
(80)
(85)
(99)
178
(582)
(835)
(1 063)
3 661
(1 824)
(1 853)
(1 875)
4 619
(1 548)
(1 731)
(1 915)
3 015
(1 432)
(2 928)
(4 674)
(5 654)
(8 071)
(9 441)
(10 523)
(10 682)
(12 857)
(13 288)
(13 613)
(14 946)
(12 194)
(11 587)
(10 751)
(11 531)
(9 366)
(10 049)
(10 056)
(9 978)
(10 214)
(8 979)
(8 709)
(7 734)
(8 078)
(7 737)
(8 049)
(6 241)
(10 411)
(11 504)
Non-Reccuring Items
0
0
(85)
(84)
(2 805)
(3 129)
0
(3 629)
(1 167)
(1 102)
21
(51)
92
77
0
(390)
(274)
0
(1)
0
0
(4)
(1)
(2 721)
0
(3 779)
0
0
0
3 782
(1)
0
0
0
170
(246)
348
348
762
782
(232)
399
1 606
(1)
(161)
(321)
(352)
(362)
(213)
(55)
(34)
(880)
(621)
(165)
(708)
146
4 555
3 343
3 898
3 899
(759)
(36)
(123)
(124)
0
0
0
0
0
0
0
0
0
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
20
0
0
0
33
0
0
0
40
0
0
0
58
0
0
0
43
0
0
0
91
0
0
0
0
0
0
0
29
0
0
0
23
0
0
0
72
0
0
0
(99)
0
0
0
331
0
0
Total Other Income
890
1 219
4 816
4 990
8 319
8 886
6 667
6 969
4 177
5 572
6 448
6 635
6 793
5 679
5 010
5 156
5 236
5 385
3 604
6 242
6 525
6 614
2 096
6 585
6 543
6 951
657
6 661
6 790
6 332
5 447
5 603
5 637
5 581
888
10 193
9 906
9 950
1 311
7 078
7 118
6 919
838
1 220
3 049
4 822
7 373
10 340
11 884
13 617
20 012
13 905
14 694
15 272
23 485
17 708
15 745
12 794
10 530
5 158
3 858
5 760
9 775
12 269
13 935
11 750
14 008
10 616
15 179
19 194
15 160
16 322
10 877
Pre-Tax Income
5 518
N/A
8 756
+59%
16 878
+93%
16 627
-1%
17 410
+5%
16 300
-6%
14 131
-13%
14 154
+0%
14 755
+4%
16 000
+8%
17 567
+10%
20 456
+16%
19 715
-4%
18 309
-7%
8 776
-52%
6 287
-28%
5 270
-16%
5 358
+2%
8 747
+63%
9 823
+12%
10 727
+9%
11 608
+8%
14 213
+22%
14 009
-1%
13 501
-4%
13 715
+2%
10 460
-24%
10 556
+1%
11 337
+7%
13 663
+21%
16 049
+17%
16 667
+4%
17 188
+3%
12 915
-25%
16 845
+30%
17 015
+1%
17 046
+0%
18 278
+7%
19 839
+9%
19 066
-4%
19 481
+2%
19 703
+1%
20 457
+4%
5 359
-74%
9 842
+84%
14 879
+51%
25 614
+72%
23 943
-7%
24 148
+1%
26 402
+9%
23 451
-11%
25 080
+7%
23 282
-7%
18 872
-19%
22 231
+18%
22 549
+1%
32 640
+45%
33 110
+1%
26 031
-21%
28 939
+11%
22 116
-24%
12 060
-45%
20 558
+70%
18 152
-12%
29 001
+60%
39 726
+37%
28 816
-27%
30 898
+7%
25 225
-18%
29 503
+17%
36 969
+25%
34 689
-6%
32 568
-6%
Net Income
Tax Provision
(1 893)
(3 270)
(5 394)
(5 218)
(3 931)
(3 459)
(2 696)
(2 582)
(4 163)
(4 262)
(5 417)
(6 334)
(6 022)
(5 620)
(2 481)
(1 701)
(1 414)
(1 341)
(3 079)
(3 581)
(3 813)
(4 175)
(3 197)
(2 949)
(2 867)
(2 884)
(2 249)
(2 327)
(2 556)
(3 413)
(3 574)
(3 648)
(3 868)
(2 346)
(3 862)
(4 026)
(4 010)
(4 352)
(5 726)
(5 496)
(5 347)
(5 203)
(5 879)
(1 734)
(2 909)
(4 459)
(10 241)
(9 358)
(10 162)
(11 903)
(8 930)
(9 960)
(10 252)
(8 011)
(9 090)
(9 267)
(18 007)
(18 012)
(14 880)
(15 680)
(6 661)
(2 866)
(6 307)
(5 450)
(9 606)
(13 825)
(10 143)
(10 694)
(6 057)
(5 915)
(9 836)
(4 830)
(5 286)
Income from Continuing Operations
3 625
5 486
11 484
11 408
13 478
12 840
11 435
11 572
10 592
11 737
12 150
14 121
13 692
12 689
6 295
4 584
3 855
4 017
5 668
6 244
6 915
7 433
11 016
11 060
10 634
10 832
8 211
8 229
8 781
10 249
12 475
13 019
13 320
10 570
12 983
12 990
13 037
13 925
14 113
13 570
14 134
14 502
14 578
3 625
6 933
10 420
15 374
14 585
13 986
14 499
14 522
15 119
13 029
10 860
13 140
13 281
14 632
15 098
11 151
13 261
15 457
9 195
14 251
12 702
19 395
25 901
18 673
20 204
19 169
23 588
27 134
29 859
27 282
Income to Minority Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(74)
(77)
(98)
(296)
(206)
(255)
(248)
(116)
(233)
(288)
(394)
(322)
(366)
(372)
(239)
(231)
(201)
(149)
(266)
(304)
(323)
(274)
(207)
(135)
(119)
(812)
(1 055)
(923)
(1 266)
(1 157)
Equity Earnings Affiliates
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
2
3
8
9
9
9
1
2
2
3
5
9
12
11
10
6
2
1
3
3
3
3
2
3
3
Net Income (Common)
3 625
N/A
5 486
+51%
11 460
+109%
11 408
0%
13 478
+18%
12 840
-5%
11 435
-11%
11 572
+1%
10 592
-8%
11 737
+11%
12 150
+4%
14 121
+16%
13 692
-3%
12 689
-7%
7 024
-45%
5 312
-24%
4 583
-14%
4 745
+4%
5 668
+19%
6 244
+10%
6 915
+11%
7 433
+7%
11 016
+48%
11 060
+0%
10 634
-4%
10 832
+2%
8 211
-24%
8 229
+0%
8 781
+7%
10 249
+17%
12 475
+22%
13 019
+4%
13 320
+2%
10 570
-21%
12 983
+23%
12 990
+0%
13 037
+0%
13 925
+7%
14 113
+1%
13 570
-4%
14 134
+4%
14 502
+3%
14 578
+1%
3 551
-76%
6 856
+93%
10 323
+51%
15 077
+46%
14 380
-5%
13 732
-5%
14 253
+4%
14 414
+1%
14 894
+3%
12 750
-14%
10 474
-18%
12 819
+22%
12 917
+1%
14 261
+10%
14 860
+4%
10 926
-26%
13 066
+20%
15 318
+17%
8 940
-42%
13 957
+56%
12 386
-11%
19 124
+54%
25 695
+34%
18 541
-28%
20 088
+8%
18 359
-9%
22 536
+23%
26 214
+16%
28 595
+9%
26 128
-9%
EPS (Diluted)
2.15
N/A
3.3
+53%
6.83
+107%
6.8
0%
7.84
+15%
7.55
-4%
6.82
-10%
6.9
+1%
6.24
-10%
7.28
+17%
7.24
-1%
8.41
+16%
7.95
-5%
7.62
-4%
4.18
-45%
3.15
-25%
2.73
-13%
2.82
+3%
3.38
+20%
3.73
+10%
4.16
+12%
4.45
+7%
6.57
+48%
6.65
+1%
6.33
-5%
6.45
+2%
4.89
-24%
4.9
+0%
5.23
+7%
6.1
+17%
7.44
+22%
7.76
+4%
7.94
+2%
6.3
-21%
7.74
+23%
7.73
0%
7.76
+0%
8.29
+7%
8.41
+1%
8.09
-4%
8.43
+4%
8.65
+3%
8.69
+0%
2.37
-73%
4.5
+90%
6.84
+52%
10.16
+49%
10.23
+1%
10.07
-2%
10.32
+2%
10.39
+1%
10.92
+5%
9.19
-16%
8.07
-12%
9.24
+14%
9.58
+4%
10.9
+14%
10.67
-2%
7.88
-26%
9.53
+21%
11.22
+18%
6.28
-44%
10.07
+60%
9.12
-9%
13.8
+51%
18.77
+36%
13.37
-29%
14.68
+10%
14.25
-3%
16.93
+19%
18.9
+12%
21.69
+15%
20.54
-5%

See Also

Summary
NLCINDIA intrinsic value, competitors valuation, and company profile.
DCF Valuation
NLCINDIA stock valuation using Discount Cash Flow valuation method.
Relative Valuation
NLCINDIA stock valuation using valuation multiples.
Wall Street Estimates
NLCINDIA price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
NLCINDIA stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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