NLC India, Hitachi Energy among top gainers on Nifty Midcap 150
At 1:30 pm on Tuesday, NLC India and Hitachi Energy were among the top gainers on the Nifty Midcap 150. NLC India was trading at Rs 240.99, a gain of 4.73%. Hitachi Energy was trading at Rs 20,120.00, up 4.47%. Other gainers on the index included 3M India, One 97 Paytm and MRPL.
NLC India's consolidated financial performance shows a fluctuating trend in quarterly revenue. The revenue for the quarter-ending March 2024 was Rs 3,540.61 Crore, which decreased to Rs 3,376.05 Crore for the quarter-ending June 2024. It then increased to Rs 3,657.27 Crore and Rs 4,411.41 Crore for the quarters ending September 2024 and December 2024, respectively, before settling at Rs 3,836.00 Crore for the quarter-ending March 2025. Quarterly net profit also saw significant fluctuations, with Rs 113.77 Crore in March 2024, rising to Rs 566.64 Crore, Rs 982.40 Crore, and Rs 695.95 Crore in the following three quarters, and then decreasing to Rs 468.36 Crore in March 2025. The company’s earnings per share (EPS) followed a similar pattern.
The annual consolidated revenue for NLC India has shown an overall increasing trend. Revenue increased from Rs 9,846.09 Crore in 2021 to Rs 11,947.94 Crore in 2022, then to Rs 16,165.24 Crore in 2023. However, it decreased to Rs 12,999.03 Crore in 2024 before recovering to Rs 15,282.96 Crore in 2025. The annual net profit has also increased significantly, from Rs 1,345.37 Crore in 2021 to Rs 2,713.37 Crore in 2025. EPS has risen from Rs 9.70 in 2021 to Rs 19.57 in 2025. The company's debt-to-equity ratio has consistently decreased from 1.79 in 2021 to 1.20 in 2025.
The following table shows the key financial figures for NLC India:
Financial YearRevenue (Rs Crore)Net Profit (Rs Crore)EPS (Rs)BVPS (Rs)ROE (%)
Debt to Equity20219,846.091,345.379.70115.379.31
1.79202211,947.941,115.138.05118.097.70
1.55202316,165.241,425.1310.28127.119.20
1.47202412,999.031,867.3213.47139.6611.21
1.35202515,282.962,713.3719.57135.0214.00
1.20
NLC India has announced several dividends. An interim dividend of Rs 1.50 per share (15%) was announced on February 3, 2025, with an effective date of February 7, 2025. A final dividend of Rs 1.50 per share (15%) was announced on May 15, 2024, effective September 18, 2024. Other dividends include Rs 1.50 per share (15%) interim dividend announced on February 6, 2024, and Rs 2.00 per share (20%) final dividend announced on May 19, 2023.
Hitachi Energy's standalone financials reveal consistent performance. Annual sales increased from Rs 3,420 Crore in December 2020 to Rs 6,384 Crore in March 2025. Similarly, net profit rose from Rs 99 Crore to Rs 383 Crore over the same period. The company has also been paying dividends, with a final dividend of Rs 6.00 per share (300%) announced on May 14, 2025, effective August 13, 2025. A final dividend of Rs 4.00 per share (200%) was announced on May 21, 2024, effective August 14, 2024.
Key financial ratios for 3M India show consistent profitability. The company's basic EPS has increased from Rs 285.99 in 2020 to Rs 517.90 in 2024. The company has maintained a debt-to-equity ratio of 0.00 from 2020 to 2024, indicating low leverage.
One 97 Paytm's standalone financials show a fluctuating trend. The company's annual sales increased from Rs 3,892 Crore in 2022 to Rs 7,660 Crore in 2024, before decreasing to Rs 5,504 Crore in March 2025. Net losses have been a concern, with a net loss of Rs 789 Crore in March 2025, compared to a net loss of Rs 2,325 Crore in 2022.
MRPL's consolidated financials show mixed results. The company's annual sales have increased from Rs 32,058 Crore in 2021 to Rs 94,681 Crore in March 2025. However, net profit has fluctuated, with a net loss of Rs 764 Crore in 2021 and a net profit of only Rs 28.08 Crore in March 2025, down from Rs 3,582 Crore in March 2024.Other gainers on Nifty Midcap 150 are 3M India, One 97 Paytm and MRPL.