Inspired by a nation on the move, empowered by a progressive economic environment, enthused by a management determined to make a difference, NlC India limited has notched up exemplary performance under the able-leaderdship of Dr Sarat Kumar Acharya, CMD, the real visionary leader who simply motivated the entire NlC on its journey on the path from existence to excellence creating wealth for well-being of humanity in the last two years.
Key metrics, across mining, power generation and profitability, have recorded a growth of 40 per cent to over 100 per cent, positioning the company as a blue chip to watch out for in the present and near future. NlCI, currently in its 62nd year of operations, has made a transformation from a lignite mining and power generation company to energy major. Total power production has increased by 61 per cent as on 01.12.17 when compared to production capacity as on 31.03.2015.
Further, NlCI has made a significant foray into renewable and Green Energy Drive by adding Renewable Energy in a big way reaching around 2000 MW during this shortest period. Power generated from wind and solar sources has experienced a growth of 19 times when compared with data as on 31.03.2015 and 1.12.2017.
In terms of its turnover between 2014-15 and 2016-17, NlCIl has recorded 42.5 per cent growth while Profit After Tax has gone up by 50 per cent. With the GoI as its privileged stakeholder, NlCIl is proud to have contributed Rs 4,965 cr to the State Exchequer as on 31.03.2017, which marks an increase of 136.7 per cent in a 2-year period. The Share Price of the listed company has risen 52.7 per cent from Rs 70.30 to Rs 107.35 over the last 2 years, reflecting the confidence of the investing public in the growth potential.
On its part, NlCI has rewarded stakeholders with 50.1 per cent increase in Earnings Per Share, from Rs 9.42 in 2014-15 to Rs 14.14 in 2016-17. Other financial parameters augur equally well for NlCI, as it continues its saga of growth. Market Capitalisation has increased by 39 per cent, Return on Capital employed by 47.93 per cent, while Dividend Outgo has gone up by 139 per cent from Rs 469.76 crore to Rs 1121.97 crore.
Capex has increased by 81.21 per cent, an indicator of dynamic expansion plans under implementation and completion. As part of corporate plans, acquisition of power assets through the inorganic route is on the anvil at NlCI. This is expected to increase power generation capacity by additional 3,000 MW, taking the cumulative power capacity to 20971 MW by 2025, derived from diversified sources such as lignite, coal and renewable energy.