NTPC Green Energy vs NLC India: share price & financials comparison
NSE: NTPCGREEN vs NLCINDIA · Power · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
NTPC Green Energy vs NLC India at a glance
NTPC Green Energy (NTPCGREEN) has a market capitalisation of ₹69,913 Cr, against ₹32,990 Cr for NLC India (NLCINDIA). Over the past year NLC India has returned -9.2%, compared with -17.6% for NTPC Green Energy. On valuation, NLC India trades at a lower P/E of 8.5 versus 106.4. NLC India earns a higher return on equity (16.6% vs 3.4%). NTPC Green Energy comes out ahead on technicals. NLC India comes out ahead on size, valuation, profitability, financial health and momentum. Across the scored metrics below, NTPC Green Energy leads on 4 and NLC India on 9. On StoxGud's 10-point checklist, NTPC Green Energy scores 3/10 and NLC India scores 5/10.
| Metric | NTPC Green Energy | NLC India |
|---|---|---|
| Size | ||
| Market cap | ₹69,913 Cr | ₹32,990 Cr |
| Revenue (latest FY) | ₹2,858 Cr | ₹17,490 Cr |
| Net profit (latest FY) | ₹523 Cr | ₹3,522 Cr |
| Valuation | ||
| P/E | 106.4 | 8.5 |
| P/B | 3.60 | 1.41 |
| Dividend yield | — | 2.23% |
| Profitability | ||
| Return on equity | 3.4% | 16.6% |
| Net profit margin | 18.2% | 20.5% |
| Operating margin | 87.5% | 32.2% |
| Growth | ||
| Revenue growth (YoY) | +53.2% | +13.3% |
| Net profit growth (YoY) | +57.0% | +107.6% |
| Revenue CAGR (multi-year) | — | +9.2% |
| Financial health | ||
| Debt to equity | 1.82 | 1.20 |
| Momentum | ||
| 1-month return | -10.6% | -3.0% |
| 1-year return | -17.6% | -9.2% |
| 3-year CAGR | — | +15.0% |
| 5-year CAGR | — | +28.5% |
| 10-year CAGR | — | +12.4% |
| Distance from 52W high | -30.2% | -35.9% |
| Technicals | ||
| RSI (14) | 58 | 55 |
| Price vs 200-day avg | -12.0% | -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 Green Energy | 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 | 3/10 | 5/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, NTPC Green Energy or NLC India?
NTPC Green Energy has a market cap of ₹69,913 Cr and NLC India has a market cap of ₹32,990 Cr as of 13 Nov 2026.
Which has a lower P/E, NTPC Green Energy or NLC India?
NLC India has the lower P/E: NTPC Green Energy trades at 106.4 and NLC India at 8.5.
Which gave better returns in the last year, NTPC Green Energy or NLC India?
NLC India did better: NTPC Green Energy returned -17.6% and NLC India returned -9.2% over one year.
What is the difference between NTPC Green Energy and NLC India?
Both are NSE-listed companies in Power. NTPC Green Energy is about 2.1 times the size of NLC India by market cap. In the latest financial year NTPC Green Energy reported revenue of ₹2,858 Cr and NLC India ₹17,490 Cr. Operating margin is 87.5% for NTPC Green Energy and 32.2% for NLC India. Debt to equity is 1.82 for NTPC Green Energy and 1.20 for NLC India.
Which is better, NTPC Green Energy or NLC India?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, NTPC Green Energy leads on 4 and NLC India on 9. NTPC Green Energy is ahead on technicals. NLC India is ahead on size, valuation, profitability, financial health and momentum. On StoxGud's rules-based checklist NTPC Green Energy scores 3/10 and NLC India scores 5/10. This is information, not advice: consult a SEBI-registered adviser before investing.