NLC India (NSE:NLCINDIA) Quick Ratio: 0.59 (As of Mar. 2026) — 38% Below Median


NSE:NLCINDIA NLC India Ltd NSE:NLCINDIA
85 GF Score
Price ₹302.25
GF Value ₹288.13
Valuation Fairly Valued
! 9 Warning Signs
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What is NLC India Quick Ratio?

NLC India NSE:NLCINDIA -1.85% 85 Quick Ratio is 0.59 as of Mar. 2026, which is 38% below its 10-year median of 0.95. GuruFocus rates NSE:NLCINDIA with a GF Score™ of 85/100 and a GF Value™ of ₹288.13 (Fairly Valued). The stock has 9 warning signs investors should review. Among 508 Utilities - Regulated companies, NLC India ranks worse than 79.53% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. NLC India's quick ratio for the quarter that ended in Mar. 2026 was 0.59.

NLC India has a quick ratio of 0.59. It indicates that the company cannot currently fully pay back its current liabilities.

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

NSE:NLCINDIA' s Quick Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.95   Max: 1.21
Current: 0.59

During the past 13 years, NLC India's highest Quick Ratio was 1.21. The lowest was 0.57. And the median was 0.95.

NSE:NLCINDIA's Quick Ratio is ranked worse than
79.53% of 508 companies
in the Utilities - Regulated industry
Industry Median: 1.015 vs NSE:NLCINDIA: 0.59

NLC India  (NSE:NLCINDIA) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


NLC India Quick Ratio Related Terms


NLC India Quick Ratio Historical Data

* Premium members only.

The historical data trend for NLC India's Quick 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 Quick Ratio Chart

NLC India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 1.21 0.99 0.57 0.59

NLC India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 0.00 0.61 0.00 0.59

NSE:NLCINDIA vs NEE, SO, DUK: Quick Ratio Comparison

For the Utilities - Regulated Electric subindustry, NLC India's Quick Ratio, along with its competitors' market caps and Quick 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 Quick Ratio vs Utilities - Regulated Industry

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

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


NSE:NLCINDIA
85GF Score
NLC India Ltd NSE:NLCINDIA
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NLC India Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

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

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(84811.1-22812.8)/105625.6
=0.59

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

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(84811.1-22812.8)/105625.6
=0.59

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 0.59 mean?
NLC India (NSE:NLCINDIA) has a Quick Ratio of 0.59 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on NLC India and its competitors. This is 38% below median its historical median of 0.95. Over the past decade, NLC India's Quick Ratio has ranged from 0.57 to 1.21. According to the industry distribution chart, NLC India ranks #404 out of 508 companies in the Utilities - Regulated industry, placing it in the top 79.5%.
Is NLC India's Quick Ratio too high?
NLC India's current Quick Ratio of 0.59 is 38% below median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 1.21. The Utilities - Regulated industry median Quick Ratio is 1.02. NLC India's value of 0.59 is 41.9% below this industry median. Based on the distribution chart, NLC India ranks #404 out of 508 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, NLC India has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NLC India's Quick Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, NLC India ranks #404 out of 508 companies for Quick Ratio. This places NLC India in the lower half of its industry. The industry median Quick Ratio is 1.02. NLC India's value of 0.59 is 41.9% below this benchmark. Historically, NLC India's own Quick Ratio has ranged from 0.57 to 1.21 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 1.02, 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 Quick Ratio for an Utilities - Regulated company?
The median Quick Ratio among Utilities - Regulated companies is 1.02, based on 508 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NLC India's current Quick Ratio of 0.59 is 41.9% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on NLC India and its competitors. For the Utilities - Regulated industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NLC India's current Quick Ratio is 0.59, which is 38% below median its own 10-year median of 0.95. 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 ₹288.13, compared to a current price of ₹302.25 — trading 4.9% above its estimated fair value. The current Quick Ratio is 0.59, which is 38% below median its 10-year median of 0.95 and 41.9% below the Utilities - Regulated industry median of 1.02. NLC India's overall GF Score™ is 85/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For NLC India (NSE:NLCINDIA), the current Quick Ratio is 0.59 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 ₹302.25 is trading 4.9% above its estimated GF Value™ of ₹288.13. GuruFocus considers NLC India to be Fairly Valued.

Key valuation signals for NSE:NLCINDIA:

  • Quick Ratio: 0.59 (38% below median its 10-year median of 0.95)
  • GF Value™: ₹288.13 vs. price of ₹302.25 (4.9% above fair value)
  • GF Score™: 85/100 with 9 warning signs
  • Industry Position: 41.9% below the Utilities - Regulated median (#404 of 508)

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

Other Exchanges 513683:India
Address Block - 1, Neyveli, Cuddalore District, Cuddalore, TN, IND, 607801
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.
85GF Score

Get the complete analysis for NSE:NLCINDIA

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

₹302.25
Price
₹288.13
GF Value