Is NLC India Ltd. (NLCINDIA) Halal?

NLC India Ltd. (NLCINDIA) is evaluated as Not Halal (Non-compliant) under the AAOIFI standard. Reasons: Debt Ratio: 42.78% exceeds limit 33.0%.

What is the dividend purification rate for NLCINDIA?

The non-permissible dividend purification factor for NLC India Ltd. is 2.58%.

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NLCINDIA

NSEPowerCap: ₹31608.38 Cr

NLC India Ltd.

-9.66%YTD

AAOIFI MSCI DJIM BSE_TASIS

Non-Compliant (Not Permissible)

Evaluated using BSE_TASIS criteria

Reasons for Non-Compliance:

Debt Ratio: 42.78% exceeds limit 33.0%.

Market Fundamentals

Live NSE/BSE

Market Cap

₹31608.38 Cr

P/E Ratio

9.7x

P/B Ratio

1.5x

52W High

₹387.8

52W Low

₹222.3

Div. Yield

169.00%

Shares O/S

138.66 Cr

Where Does the Money Come From?

Revenue breakdown for NLC India Ltd.

Core Power OperationsPermissible Operating Activity

Permissible: Core operations in Power.

97.4%of Total Revenue

Treasury Interest & Secondary Non-Operating IncomeImpure Interest Income (Riba)

Non-operating interest income earned from cash and fixed deposits. Requires purification.

2.6%of Total Revenue

About NLC India Ltd.

Permissible: Core operations in Power.

Interest-Bearing Debt Ratio

42.78%Max: ≤ 33.0%

Cash & Securities Liquidity

1.09%Max: ≤ 33.0%

Impure Revenue Ratio

2.58%Max: ≤ 5.0%

Screening Denominator

Total Assets

Purification & Zakat Calculator

Calculate how much to donate for NLCINDIA

⚠️ Note: NLCINDIA is not Halal. The right step is to sell this stock, not just purify the dividends. Keeping a non-compliant investment is not resolved by Sadaqah.