NLC India Key Ratios
NSE: NLCINDIA | BSE: 513683
₹270.60
As on 28-Aug-2026IST
Market cap
₹37,543 Cr
Revenue (TTM)
₹18,381 Cr
P/E Ratio
11.7
P/B Ratio
1.7
Div. Yield
1.4 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -6.46 | 23.29 | 16.85 | 5.58 | 12.54 |
| EBIT | -48.90 | 46.57 | 52.89 | 39.46 | 21.11 |
| Net Profit | -65.25 | -39.28 | 12.22 | 37.05 | 20.48 |
| EPS | -65.25 | -39.28 | 12.22 | 37.35 | 19.96 |
| Book Value | -- | -- | 13.26 | 9.68 | 7.73 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-25 | Mar-24 |
| EBIT-Margin
| 17.58 | 17.69 | 23.94 | 19.34 | 13.16 |
| Net Margin
| 13.85 | 11.54 | 17.52 | 16.07 | 13.39 |
| Return on equity
| 10.73 | 10.98 | 15.47 | 15.39 | 11.78 |
| Return on Capital
| 12.87 | 9.55 | -- | 11.57 | 9.77 |
| Return on Assets
| 4.65 | 3.09 | 5.47 | 4.74 | 3.43 |
| Debt to Equity (x)
| -- | -- | 1.07 | 1.20 | 1.35 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
--
|
11.57
|
9.77
|
8.32
|
9.32
|
|
Peer Median
|
--
|
10.34
|
8.82
|
7.64
|
--
|
ROE
15.47
Higher than Peers by 7.66
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
15.47
|
15.39
|
11.78
|
9.71
|
8.06
|
|
Peer Median
|
7.81
|
9.52
|
5.67
|
7.84
|
--
|
ROA
5.47
Higher than Peers by 1.61
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
5.47
|
4.74
|
3.43
|
2.74
|
2.12
|
|
Peer Median
|
3.86
|
3.43
|
2.76
|
2.42
|
--
|
EBIT Margin
23.94
Higher than Peers by 4.91
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
23.94
|
19.34
|
13.16
|
25.00
|
18.87
|
|
Peer Median
|
19.03
|
15.86
|
16.66
|
18.38
|
--
|
Net Margin
17.52
Higher than Peers by 4.13
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
17.52
|
16.07
|
13.39
|
8.20
|
8.89
|
|
Peer Median
|
13.39
|
13.39
|
7.91
|
6.08
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
--
|
30.08
|
28.40
|
19.96
|
25.31
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
16.85
Higher than Peers by 12.73
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
16.85
|
17.55
|
-19.57
|
35.30
|
21.35
|
|
Peer Median
|
4.12
|
7.78
|
4.56
|
10.61
|
--
|
EBIT Growth
52.89
Higher than Peers by 49.89
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
52.89
|
72.76
|
-57.66
|
79.25
|
89.24
|
|
Peer Median
|
3.00
|
6.46
|
1.24
|
5.18
|
--
|
Net Profit Growth
12.22
Higher than Peers by 13.39
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
12.22
|
45.31
|
31.03
|
27.80
|
-15.14
|
|
Peer Median
|
-1.17
|
14.75
|
3.24
|
0.49
|
--
|
EPS Growth
12.22
Higher than Peers by 9.71
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
12.22
|
41.15
|
32.37
|
24.52
|
-12.27
|
|
Peer Median
|
2.51
|
6.57
|
23.61
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
--
|
13.26
|
8.98
|
6.90
|
5.22
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
1.07
Higher than Peers by 0.39
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
1.07
|
1.20
|
1.35
|
1.47
|
1.55
|
|
Peer Median
|
0.68
|
0.84
|
0.90
|
1.08
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
--
|
0.05
|
0.11
|
0.15
|
0.11
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.80
Lower than Peers by 0.61
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
0.80
|
0.74
|
1.02
|
1.05
|
1.13
|
|
Peer Median
|
1.41
|
1.19
|
1.11
|
1.14
|
--
|
Quick Ratio
0.58
Lower than Peers by 0.72
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
0.58
|
0.59
|
0.89
|
0.94
|
1.01
|
|
Peer Median
|
1.30
|
0.97
|
1.14
|
1.12
|
--
|
Interest Coverage
4.01
Higher than Peers by 0.85
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
4.01
|
4.97
|
4.39
|
3.03
|
3.65
|
|
Peer Median
|
3.16
|
3.43
|
2.26
|
2.26
|
--
|
Operating Efficiency
Debtors to sales
18.16
Lower than Peers by 0.93
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
18.16
|
20.56
|
28.98
|
26.38
|
31.05
|
|
Peer Median
|
19.08
|
20.56
|
24.93
|
36.94
|
--
|
Asset Turnover
0.30
Lower than Peers by 0.01
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
0.30
|
0.27
|
0.24
|
0.31
|
0.23
|
|
Peer Median
|
0.31
|
0.31
|
0.27
|
0.21
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
--
|
82.50
|
112.74
|
90.02
|
171.55
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
--
|
40.56
|
37.42
|
26.91
|
43.23
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
--
|
-3,374.78
|
-1,776.68
|
2,183.93
|
1,307.46
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
--
|
3,497.83
|
1,926.85
|
-2,066.99
|
-1,092.69
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
11.70
Lower than Peers by 8.24
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
11.70
|
13.01
|
17.12
|
7.67
|
7.74
|
|
Peer Median
|
19.94
|
16.58
|
28.48
|
9.76
|
--
|
Price / Book Value
1.71
No difference
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
1.71
|
1.81
|
1.91
|
0.71
|
0.61
|
|
Peer Median
|
1.71
|
1.89
|
2.13
|
0.77
|
--
|
Dividend Yield
1.42
Higher than Peers by 1.05
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
1.42
|
1.23
|
1.32
|
4.53
|
4.80
|
|
Peer Median
|
0.37
|
0.38
|
0.63
|
4.02
|
--
|
EV/EBITDA
8.33
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
8.33
|
8.69
|
11.89
|
4.64
|
6.38
|
|
Peer Median
|
--
|
32.18
|
28.42
|
15.25
|
--
|
Market Cap
37,543
Higher than Peers by 17,918
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
NLC India
|
37,543
|
33,924
|
31,622
|
10,703
|
8,673
|
|
Peer Median
|
19,625
|
22,694
|
11,960
|
7,680
|
--
|