NTPC vs NLC India: share price & financials comparison
NSE: NTPC vs NLCINDIA · Power · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
NTPC vs NLC India at a glance
NTPC (NTPC) has a market capitalisation of ₹3,09,421 Cr, against ₹32,990 Cr for NLC India (NLCINDIA). Over the past year NTPC has returned -3.5%, compared with -9.2% for NLC India. On valuation, NLC India trades at a lower P/E of 8.5 versus 10.4. NLC India earns a higher return on equity (16.6% vs 13.9%). NTPC comes out ahead on size, growth and technicals. NLC India comes out ahead on valuation, profitability and financial health. Across the scored metrics below, NTPC leads on 8 and NLC India on 10. On StoxGud's 10-point checklist, NTPC scores 4/10 and NLC India scores 5/10.
| Metric | NTPC | NLC India |
|---|---|---|
| Size | ||
| Market cap | ₹3,09,421 Cr | ₹32,990 Cr |
| Revenue (latest FY) | ₹1,87,385 Cr | ₹17,490 Cr |
| Net profit (latest FY) | ₹27,053 Cr | ₹3,522 Cr |
| Valuation | ||
| P/E | 10.4 | 8.5 |
| P/B | 1.45 | 1.41 |
| Dividend yield | 2.83% | 2.23% |
| Profitability | ||
| Return on equity | 13.9% | 16.6% |
| Net profit margin | 14.8% | 20.5% |
| Operating margin | 30.8% | 32.2% |
| Growth | ||
| Revenue growth (YoY) | +21.2% | +13.3% |
| Net profit growth (YoY) | +38.7% | +107.6% |
| Revenue CAGR (multi-year) | +10.9% | +9.2% |
| Financial health | ||
| Debt to equity | 1.29 | 1.20 |
| Momentum | ||
| 1-month return | +2.6% | -3.0% |
| 1-year return | -3.5% | -9.2% |
| 3-year CAGR | +9.1% | +15.0% |
| 5-year CAGR | +18.4% | +28.5% |
| 10-year CAGR | +9.8% | +12.4% |
| Distance from 52W high | -22.2% | -35.9% |
| Technicals | ||
| RSI (14) | 70 | 55 |
| Price vs 200-day avg | -10.1% | -15.6% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | NTPC | NLC India |
|---|---|---|
| Price above 50-day average | ✗ | ✗ |
| Price above 200-day average | ✗ | ✗ |
| 50-day average above 200-day (uptrend) | ✗ | ✗ |
| RSI in healthy 40–70 zone | ✓ | ✓ |
| Positive 1-year return | ✗ | ✗ |
| Return on equity above 15% | ✗ | ✓ |
| Debt to equity below 1 | ✗ | ✗ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✓ | ✓ |
| P/E below industry median | ✓ | ✓ |
| Score | 4/10 | 5/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, NTPC or NLC India?
NTPC has a market cap of ₹3,09,421 Cr and NLC India has a market cap of ₹32,990 Cr as of 13 Nov 2026.
Which has a lower P/E, NTPC or NLC India?
NLC India has the lower P/E: NTPC trades at 10.4 and NLC India at 8.5.
Which gave better returns in the last year, NTPC or NLC India?
NTPC did better: NTPC returned -3.5% and NLC India returned -9.2% over one year.
What is the difference between NTPC and NLC India?
Both are NSE-listed companies in Power. NTPC is about 9.4 times the size of NLC India by market cap. In the latest financial year NTPC reported revenue of ₹1,87,385 Cr and NLC India ₹17,490 Cr. Operating margin is 30.8% for NTPC and 32.2% for NLC India. Debt to equity is 1.29 for NTPC and 1.20 for NLC India.
Which is better, NTPC or NLC India?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, NTPC leads on 8 and NLC India on 10. NTPC is ahead on size, growth and technicals. NLC India is ahead on valuation, profitability and financial health. On StoxGud's rules-based checklist NTPC scores 4/10 and NLC India scores 5/10. This is information, not advice: consult a SEBI-registered adviser before investing.