TickerKhojComparison · NSE · data 2026-11-03
NLC India Limited vs Torrent Power Limited
In plain words
Size: Torrent Power Limited is about 1.9 times the market value of NLC India Limited.
Valuation (P/E): Torrent Power Limited 26.4 vs NLC India Limited 10.3.
Return on equity: NLC India Limited 17.5% vs Torrent Power Limited 13.2%.
Profit growth over 3 years: NLC India Limited 36.1% a year vs Torrent Power Limited 4.5% a year.
Debt to equity: NLC India Limited 1.3 vs Torrent Power Limited 0.73.
Differences in the numbers, not a recommendation of either stock.
Side by side
| NLCINDIA | TORNTPOWER | |
|---|---|---|
| Price | ₹238.49 | ₹1,218.7 |
| Market cap | ₹31,601 cr | ₹59,100 cr |
| P/E | 10.3 | 26.4 |
| P/B | — | — |
| ROE | 17.5% | 13.2% |
| ROCE | 7.3% | 13.0% |
| Debt / equity | 1.3 | 0.73 |
| Operating margin | 19.7% | 13.6% |
| Dividend yield | 1.69% | 1.71% |
| Sales growth, 3 years (yearly) | 2.7% | 4.1% |
| Profit growth, 3 years (yearly) | 36.1% | 4.5% |
| 1-year return | -9.2% | -7.4% |
| Revenue, last 12 months | ₹18,381 cr | ₹29,184 cr |
| Net profit, last 12 months | ₹3,209 cr | ₹2,324 cr |
| Latest quarter | Jun 2026 | Jun 2026 |
| Quarter net profit | ₹436 cr | ₹639 cr |
| Quarter profit vs a year earlier | -45.3% | -12.7% |
| Promoter holding | 69.47% | 51.09% |
| Health check | Average (5.4/10) | Average (4.7/10) |
Common questions
Which has a higher P/E, NLC India Limited or Torrent Power Limited?
Torrent Power Limited trades at the higher P/E (26.4 against 10.3). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
NLC India Limited (17.5% against 13.2%).
Which carries more debt?
NLC India Limited has the higher debt-to-equity ratio (1.3 against 0.73).