NLC India ke numbers ne kiya kamaal!
Sahi mein, NLC India ne apne Q4 results se sabko chaunka diya hai. Pichhle saal ke issi quarter (Q4 FY25) mein jahan profit sirf ₹482 Crore tha, woh iss baar (Q4 FY26) ₹1,393 Crore ho gaya! Poori 189% ki tezai! Aur revenue bhi 31% badh kar ₹5,042 Crore tak pahunch gaya hai. Ye sab isliye hua kyunki company ke mining aur power operations zabardast rahe hain, record 28.95 billion units power generation aur 11.28% increase ke saath 19.14 million tonnes coal production hua FY26 mein.
Green Energy ka Full Power Plan!
Sirf results hi nahi, NLC India ne apne future plans bhi bata diye hain. Woh apni renewable energy business ko alag karne ke liye NLC India Renewables Ltd. (NIRL) ka IPO lane ki soch rahe hain. Isse company ko green energy mein aur zyada invest karne mein help milegi. Waise bhi, India 2030 tak 500 GW renewable capacity ka target rakhe hue hai, toh yeh move kaafi smart hai. Valuation ki baat karein toh NLC India ka P/E ratio around 19 hai, jo industry average 27.5 se kaafi kam hai, aur NTPC (P/E 15.66-24.56) jaise players ke aas paas hai. Coal India ka P/E 9-10 hai.
Kya Koi Risk Bhi Hai?
Kuch baatein hain jahan dhyan dena chahiye. Jabki net profit 189% bhaga hai, company ka Return on Equity (ROE) pichhle saal 14.5% raha, jo renewable sector ke projected 18% growth se thoda kam hai. Auditors ne land availability ko lekar bhi ek 'material uncertainty' mention ki hai, jo Neyveli mines ke operations ko affect kar sakti hai. Company ka debt-to-equity ratio FY25 mein 1.20x tha, jo ambitious plans ke liye manage karna hoga. Sales growth bhi pichhle 5 saal mein average 8.22% raha.
Analysts Kya Keh Rahe Hain?
Bade bade analysts ka kehna hai ki stock abhi bhi buy karne layak hai. Consensus 'BUY' rating hai aur target price ₹324-₹328 ke beech mein hai. Unhe lagta hai ki NIRL ka IPO ek bada catalyst banega aur company ki earnings per share (EPS) FY26 mein ₹19.50 aur FY27 mein ₹16.95 reh sakti hai. Toh overall, mining aur thermal power ke saath-saath renewable energy mein focus karne se NLC India future mein achha perform kar sakti hai.
