NLC India Limited (NLCINDIA) - Net Assets
Based on the latest financial reports, NLC India Limited (NLCINDIA) has net assets worth Rs232.79 Billion INR (≈ $2.52 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs609.43 Billion ≈ $6.59 Billion USD) and total liabilities (Rs376.64 Billion ≈ $4.07 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check NLCINDIA cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs232.79 Billion |
| % of Total Assets | 38.2% |
| Annual Growth Rate | 5.39% |
| 5-Year Change | 37.18% |
| 10-Year Change | 37.45% |
| Growth Volatility | 136.92 |
NLC India Limited - Net Assets Trend (2005–2025)
This chart illustrates how NLC India Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of NLC India Limited for the complete picture of this company's asset base.
Annual Net Assets for NLC India Limited (2005–2025)
The table below shows the annual net assets of NLC India Limited from 2005 to 2025. For live valuation and market cap data, see NLCINDIA company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs219.45 Billion ≈ $2.37 Billion |
+13.31% |
| 2024-03-31 | Rs193.66 Billion ≈ $2.09 Billion |
+9.88% |
| 2023-03-31 | Rs176.26 Billion ≈ $1.91 Billion |
+7.64% |
| 2022-03-31 | Rs163.74 Billion ≈ $1.77 Billion |
+2.36% |
| 2021-03-31 | Rs159.97 Billion ≈ $1.73 Billion |
+9.03% |
| 2020-03-31 | Rs146.72 Billion ≈ $1.59 Billion |
+5.78% |
| 2019-03-31 | Rs138.71 Billion ≈ $1.50 Billion |
-1.19% |
| 2018-03-31 | Rs140.38 Billion ≈ $1.52 Billion |
+9.66% |
| 2017-03-31 | Rs128.01 Billion ≈ $1.38 Billion |
-19.82% |
| 2016-03-31 | Rs159.66 Billion ≈ $1.73 Billion |
+4.77% |
| 2015-03-31 | Rs152.38 Billion ≈ $1.65 Billion |
+8.35% |
| 2014-03-31 | Rs140.63 Billion ≈ $1.52 Billion |
+7.51% |
| 2013-03-31 | Rs130.81 Billion ≈ $1.41 Billion |
+8.02% |
| 2012-03-31 | Rs121.10 Billion ≈ $1.31 Billion |
+621.80% |
| 2011-03-31 | Rs16.78 Billion ≈ $181.44 Million |
-83.80% |
| 2010-03-31 | Rs103.58 Billion ≈ $1.12 Billion |
+9.26% |
| 2009-03-31 | Rs94.80 Billion ≈ $1.03 Billion |
+4.87% |
| 2008-03-31 | Rs90.40 Billion ≈ $977.67 Million |
+8.52% |
| 2007-03-31 | Rs83.31 Billion ≈ $900.91 Million |
+4.15% |
| 2006-03-31 | Rs79.99 Billion ≈ $865.04 Million |
+4.16% |
| 2005-03-31 | Rs76.79 Billion ≈ $830.47 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to NLC India Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 14938110000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs149.38 Billion | 79.78% |
| Common Stock | Rs13.87 Billion | 7.41% |
| Other Comprehensive Income | Rs23.98 Billion | 12.81% |
| Total Equity | Rs187.23 Billion | 100.00% |
NLC India Limited Competitors by Market Cap
The table below lists competitors of NLC India Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xian Sunresin New Materials Co Ltd
SHE:300487
|
$4.75 Billion |
|
Shaanxi Sirui Advanced Materials Co. Ltd. A
SHG:688102
|
$4.75 Billion |
|
Shenzhen SC New Energy Technology Corp Class A
SHE:300724
|
$4.75 Billion |
|
Luxi Chemical Group Co Ltd
SHE:000830
|
$4.75 Billion |
|
West Fraser Timber Co Ltd
NYSE:WFG
|
$4.74 Billion |
|
Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A
SHG:600663
|
$4.74 Billion |
|
Energisa S.A
SA:ENGI11
|
$4.74 Billion |
|
Bachem Holding AG
SW:BANB
|
$4.74 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NLC India Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 165,310,500,000 to 187,229,700,000, a change of 21,919,200,000 (13.3%).
- Net income of 26,213,600,000 contributed positively to equity growth.
- Dividend payments of 4,403,200,000 reduced retained earnings.
- Share repurchases of 3,187,400,000 reduced equity.
- New share issuances of 3,187,400,000 increased equity.
- Other comprehensive income increased equity by 753,500,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs26.21 Billion | +14.0% |
| Dividends Paid | Rs4.40 Billion | -2.35% |
| Share Repurchases | Rs3.19 Billion | -1.7% |
| Share Issuances | Rs3.19 Billion | +1.7% |
| Other Comprehensive Income | Rs753.50 Million | +0.4% |
| Other Changes | Rs-644.70 Million | -0.34% |
| Total Change | Rs- | 13.26% |
Book Value vs Market Value Analysis
This analysis compares NLC India Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.34x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.92x to 2.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | Rs45.77 | Rs316.60 | x |
| 2006-03-31 | Rs47.68 | Rs316.60 | x |
| 2007-03-31 | Rs57.03 | Rs316.60 | x |
| 2008-03-31 | Rs59.98 | Rs316.60 | x |
| 2009-03-31 | Rs62.83 | Rs316.60 | x |
| 2010-03-31 | Rs68.50 | Rs316.60 | x |
| 2011-03-31 | Rs10.77 | Rs316.60 | x |
| 2012-03-31 | Rs79.88 | Rs316.60 | x |
| 2013-03-31 | Rs77.19 | Rs316.60 | x |
| 2014-03-31 | Rs82.87 | Rs316.60 | x |
| 2015-03-31 | Rs88.64 | Rs316.60 | x |
| 2016-03-31 | Rs91.35 | Rs316.60 | x |
| 2017-03-31 | Rs72.37 | Rs316.60 | x |
| 2018-03-31 | Rs87.35 | Rs316.60 | x |
| 2019-03-31 | Rs86.08 | Rs316.60 | x |
| 2020-03-31 | Rs93.07 | Rs316.60 | x |
| 2021-03-31 | Rs97.25 | Rs316.60 | x |
| 2022-03-31 | Rs102.33 | Rs316.60 | x |
| 2023-03-31 | Rs109.39 | Rs316.60 | x |
| 2024-03-31 | Rs119.22 | Rs316.60 | x |
| 2025-03-31 | Rs135.02 | Rs316.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NLC India Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.00%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.15%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 3.09x
- Recent ROE (14.00%) is below the historical average (15.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 15.82% | 41.05% | 0.26x | 1.47x | Rs4.47 Billion |
| 2006 | 8.78% | 28.06% | 0.22x | 1.41x | Rs-975.29 Million |
| 2007 | 6.80% | 21.71% | 0.21x | 1.46x | Rs-2.66 Billion |
| 2008 | 12.19% | 36.32% | 0.21x | 1.60x | Rs1.98 Billion |
| 2009 | 8.67% | 24.47% | 0.19x | 1.82x | Rs-1.26 Billion |
| 2010 | 12.08% | 30.27% | 0.22x | 1.79x | Rs2.15 Billion |
| 2011 | 104.02% | 42.74% | 0.20x | 12.18x | Rs15.26 Billion |
| 2012 | 11.72% | 29.00% | 0.23x | 1.79x | Rs2.07 Billion |
| 2013 | 11.26% | 26.08% | 0.24x | 1.79x | Rs1.63 Billion |
| 2014 | 10.80% | 25.17% | 0.24x | 1.78x | Rs1.12 Billion |
| 2015 | 10.62% | 25.95% | 0.24x | 1.73x | Rs926.26 Million |
| 2016 | 0.56% | 1.09% | 0.27x | 1.94x | Rs-14.47 Billion |
| 2017 | 20.18% | 21.88% | 0.33x | 2.76x | Rs12.34 Billion |
| 2018 | 14.55% | 17.21% | 0.29x | 2.88x | Rs6.08 Billion |
| 2019 | 11.81% | 15.27% | 0.22x | 3.55x | Rs2.31 Billion |
| 2020 | 11.17% | 13.97% | 0.19x | 4.14x | Rs1.51 Billion |
| 2021 | 9.51% | 13.02% | 0.18x | 4.00x | Rs-666.01 Million |
| 2022 | 7.70% | 9.14% | 0.24x | 3.51x | Rs-3.26 Billion |
| 2023 | 9.20% | 8.56% | 0.31x | 3.50x | Rs-1.21 Billion |
| 2024 | 11.22% | 14.26% | 0.24x | 3.32x | Rs2.01 Billion |
| 2025 | 14.00% | 17.15% | 0.26x | 3.09x | Rs7.49 Billion |
Industry Comparison
This section compares NLC India Limited's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $169,293,907,652
- Average return on equity (ROE) among peers: 7.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NLC India Limited (NLCINDIA) | Rs232.79 Billion | 15.82% | 1.62x | $4.75 Billion |
| BAJEL PROJECTS LTD (BAJEL) | $6.66 Billion | 2.32% | 2.11x | $235.61 Million |
| CESC Limited (CESC) | $90.56 Billion | 13.07% | 2.70x | $2.69 Billion |
| DPSC Limited (DPSCLTD) | $1.18 Billion | 4.37% | 2.43x | $105.84 Million |
| Energy Development Company Limited (ENERGYDEV) | $3.10 Billion | -4.88% | 0.65x | $8.84 Million |
| NTPC Limited (NTPC) | $529.87 Billion | 14.10% | 0.77x | $41.86 Billion |
| Power Grid Corporation of India Limited (POWERGRID) | $384.39 Billion | 13.13% | 3.18x | $32.02 Billion |
About NLC India Limited
NLC India Limited engages in the mining and power generation business in India. The company mines for lignite and coal; and generates power through lignite and coal, as well as through thermal, solar, and wind power plants. It also operates open cast lignite mines with a mining capacity of 28.0 million tonnes per annum (MTPA) in Tamil Nadu and 30.10 MTPA in Rajasthan; and has total coal mining ca… Read more