NLC India (NSE:NLCINDIA) Dividend Payout Ratio: 0.36 (As of Mar. 2026) — Near Median

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NLC India Ltd NSE:NLCINDIA

82 GF Score

Price ₹302.30

GF Value ₹289.35

Valuation Fairly Valued

9 Warning Signs

View Full Analysis

What is NLC India Dividend Payout Ratio?

NLC India NSE:NLCINDIA -0.43% 82 Dividend Payout Ratio is 0.36 as of Mar. 2026, which is 3% below its 10-year median of 0.37. GuruFocus rates NSE:NLCINDIA with a GF Score™ of 82/100 and a GF Value™ of ₹289.35 (Fairly Valued). The stock has 9 warning signs investors should review. Among 375 Utilities - Regulated companies, NLC India ranks better than 89.07% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. NLC India's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.36.

The historical rank and industry rank for NLC India's Dividend Payout Ratio or its related term are showing as below:

NSE:NLCINDIA' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.1 Med: 0.37 Max: 0.67
Current: 0.19

During the past 13 years, the highest Dividend Payout Ratio of NLC India was 0.67. The lowest was 0.10. And the median was 0.37.

NSE:NLCINDIA's Dividend Payout Ratio is ranked better than
89.07% of 375 companies
in the Utilities - Regulated industry
Industry Median: 0.54 vs NSE:NLCINDIA: 0.19

As of today (2026-07-15), the Dividend Yield % of NLC India is 1.68%.

During the past 13 years, the highest Trailing Annual Dividend Yield of NLC India was 17.45%. The lowest was 0.27%. And the median was 2.11%.

NLC India's Dividends per Share for the months ended in Mar. 2026 was ₹3.60.

During the past 12 months, NLC India's average Dividends Per Share Growth Rate was 70.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 19.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 26.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -2.70% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of NLC India was 51.80% per year. The lowest was -38.20% per year. And the median was 6.85% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

NLC India (NSE:NLCINDIA) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

NLC India Dividend Payout Ratio Related Terms

NLC India Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for NLC India's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NLC India Dividend Payout Ratio Chart

NLC India Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

Get a 7-Day Free Trial

0.50

0.14

0.40

0.16

0.20

NLC India Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.43	0.00	0.29	0.00	0.36

NSE:NLCINDIA vs NEE, SO, DUK: Dividend Payout Ratio Comparison

For the Utilities - Regulated Electric subindustry, NLC India's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NLC India Dividend Payout Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, NLC India's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where NLC India's Dividend Payout Ratio falls into.

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82GF Score

NLC India Ltd NSE:NLCINDIA

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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NLC India Dividend Payout Ratio Calculation

NLC India's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2026 )	/	EPS without NRI (A: Mar. 2026 )
	=	5.1	/	25.4
	=	0.20

NLC India's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Mar. 2026 )	/	EPS without NRI (Q: Mar. 2026 )
	=	3.6	/	10.05
	=	0.36

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.36 mean?

NLC India (NSE:NLCINDIA) has a Dividend Payout Ratio of 0.36 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on NLC India and its competitors. This is near median its historical median of 0.37. Over the past decade, NLC India's Dividend Payout Ratio has ranged from 0.10 to 0.67. According to the industry distribution chart, NLC India ranks #41 out of 375 companies in the Utilities - Regulated industry, placing it in the top 10.9%.

Is NLC India's Dividend Payout Ratio too high?

NLC India's current Dividend Payout Ratio of 0.36 is near median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.67. The Utilities - Regulated industry median Dividend Payout Ratio is 0.54. NLC India's value of 0.36 is 33.3% below this industry median. Based on the distribution chart, NLC India ranks #41 out of 375 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, NLC India has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does NLC India's Dividend Payout Ratio compare to NEE and SO?

According to the Utilities - Regulated industry distribution chart, NLC India ranks #41 out of 375 companies for Dividend Payout Ratio. This places NLC India in the top 11% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.54. NLC India's value of 0.36 is 33.3% below this benchmark. Historically, NLC India's own Dividend Payout Ratio has ranged from 0.10 to 0.67 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.54, NLC India has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for an Utilities - Regulated company?

The median Dividend Payout Ratio among Utilities - Regulated companies is 0.54, based on 375 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NLC India's current Dividend Payout Ratio of 0.36 is 33.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on NLC India and its competitors. For the Utilities - Regulated industry, the median Dividend Payout Ratio is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NLC India's current Dividend Payout Ratio is 0.36, which is near median its own 10-year median of 0.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is NLC India stock overvalued right now?

Based on GuruFocus' analysis, NLC India (NSE:NLCINDIA) is currently considered Fairly Valued. The stock's GF Value™ is ₹289.35, compared to a current price of ₹302.30 — trading 4.5% above its estimated fair value. The current Dividend Payout Ratio is 0.36, which is near median its 10-year median of 0.37 and 33.3% below the Utilities - Regulated industry median of 0.54. NLC India's overall GF Score™ is 82/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For NLC India (NSE:NLCINDIA), the current Dividend Payout Ratio is 0.36 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NLC India (NSE:NLCINDIA) Overvalued in 2026?

Based on GuruFocus' analysis, NLC India stock appears to be overvalued. The current stock price of ₹302.30 is trading 4.5% above its estimated GF Value™ of ₹289.35. GuruFocus considers NLC India to be Fairly Valued.

Key valuation signals for NSE:NLCINDIA:

Dividend Payout Ratio: 0.36 (near median its 10-year median of 0.37)
GF Value™: ₹289.35 vs. price of ₹302.30 (4.5% above fair value)
GF Score™: 82/100 with 9 warning signs
Industry Position: 33.3% below the Utilities - Regulated median (#41 of 375)

No single metric tells the full story. See the NSE:NLCINDIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NLC India Business Description

Industry Utilities Utilities - Regulated

Comparable Companies BOM:500084 BOM:543655 BOM:517300 BOM:544042 NSE:DPSCLTD BOM:532219 BOM:523222 BOM:536709 NEE SO DUK LSE:NG.AEP D ETR XEL EXC XMAD:ELE PEG ED

Other Exchanges 513683:India

Address Block - 1, Neyveli, Cuddalore District, Cuddalore, TN, IND, 607801

Website https://www.nlcindia.in

NLC India Ltd is an energy company. The company has two reportable segments namely the Mining segment which is engaged in the mining of lignite and coal, and the Power generation segment which is engaged in the generation and sale of power utilities across the country. The power is generated from Thermal Power Stations and renewable energy sources such as wind and solar. It generates maximum revenue from the Power generation segment. It also engaged in providing consultancy and management services relating to mining and power generation.

82GF Score

Get the complete analysis for NSE:NLCINDIA

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹302.30

Price

₹289.35

GF Value

View NSE:NLCINDIA Analysis

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