NLC India (NSE:NLCINDIA) ROE % Adjusted to Book Value: 14.97% (As of Mar. 2026)

NLC India NSE:NLCINDIA +3.84% 84 ROE % Adjusted to Book Value is 14.97% as of Mar. 2026. GuruFocus rates NSE:NLCINDIA with a GF Score™ of 84/100 and a GF Value™ of ₹288.83 (Fairly Valued). The stock has 9 warning signs investors should review.

NLC India's ROE % for the quarter that ended in Mar. 2026 was 25.90%. NLC India's PB Ratio for the quarter that ended in Mar. 2026 was 1.73. NLC India's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 14.97%.

NLC India ROE % Adjusted to Book Value Related Terms

NLC India ROE % Adjusted to Book Value Historical Data

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The historical data trend for NLC India's ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Chart

NLC India Annual Data

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ROE % Adjusted to Book Value

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12.95

13.39

6.13

8.22

10.12

NLC India Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROE % Adjusted to Book Value	Get a 7-Day Free Trial															5.69	0.00	6.73	0.00	14.97

NSE:NLCINDIA vs NEE, SO, DUK: ROE % Adjusted to Book Value Comparison

For the Utilities - Regulated Electric subindustry, NLC India's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, NLC India's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where NLC India's ROE % Adjusted to Book Value falls into.

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84GF Score

NLC India Ltd NSE:NLCINDIA

ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.

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NLC India ROE % Adjusted to Book Value Calculation

NLC India's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	17.50%	/	1.73
	=	10.12%

NLC India's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	25.90%	/	1.73
	=	14.97%

Frequently Asked Questions Learn more about ROE % Adjusted to Book Value →

What does a ROE % Adjusted to Book Value of 14.97% mean?

NLC India (NSE:NLCINDIA) has a ROE % Adjusted to Book Value of 14.97% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on NLC India and its competitors.

Is NLC India's ROE % Adjusted to Book Value too high?

NLC India's current ROE % Adjusted to Book Value is 14.97%. Overall, NLC India has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does NLC India's ROE % Adjusted to Book Value compare to NEE and SO?

NLC India's ROE % Adjusted to Book Value of 14.97% can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROE % Adjusted to Book Value for an Utilities - Regulated company?

A good ROE % Adjusted to Book Value depends on the Utilities - Regulated industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROE % Adjusted to Book Value mean?

A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on NLC India and its competitors. NLC India's current ROE % Adjusted to Book Value is 14.97%. 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 ₹288.83, compared to a current price of ₹314.90 — trading 9% above its estimated fair value. The current ROE % Adjusted to Book Value is 14.97%. NLC India's overall GF Score™ is 84/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROE % Adjusted to Book Value calculated?

ROE % Adjusted to Book Value is calculated from a company's financial statements. For NLC India (NSE:NLCINDIA), the current ROE % Adjusted to Book Value is 14.97% 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 ₹314.90 is trading 9% above its estimated GF Value™ of ₹288.83. GuruFocus considers NLC India to be Fairly Valued.

Key valuation signals for NSE:NLCINDIA:

ROE % Adjusted to Book Value: 14.97%
GF Value™: ₹288.83 vs. price of ₹314.90 (9% above fair value)
GF Score™: 84/100 with 9 warning signs

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.

84GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹314.90

Price

₹288.83

GF Value

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