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Earnings Call

NLC India Earnings Call: Key Takeaways

NLC India delivered a strong FY26 with record coal production and revenue, shifting focus from pure lignite to a diversified coal and renewable energy major.

Highlights
Revenue growthConsolidated revenue rose 14.44% YoY driven by coal and thermal segments.
MarginsEBITDA margins remain healthy at 42.7%, benefiting from cost optimization.
Order bookAggressively winning solar tenders, adding 2GW in the last six months.
Demand visibilityHigh demand visibility cited with power sector peak requirements surging.
Management confidenceBalanced and optimistic, highlighting record Capex and successful plant modifications.

Growth

Consolidated revenue grew 14.44% YoY to ₹17,490cr, driven by an 11.28% increase in coal production reaching 19.14 MT.

Outlook

Targeting ₹37,000cr revenue by 2030 with 10GW thermal and 10GW renewable capacity.

Risks

Under-recovery of fixed costs at TPS-II expansion and potential impact of 8th Pay Commission implementation on employee expenses.

Source

Earnings Call filed with BSE, NSE: NLCINDIA. Summary written with AI assistance from the document.

Read the document ↗

NLC India Ltd: key numbers

Share price
₹262.55
Market cap
₹36,406 Cr
Revenue (annual)
₹17,490 Cr
Net profit (annual)
₹3,522 Cr
P/E (TTM)
11.3×Sector 25.1×
Promoter holding
69.47%-2.73% QoQ
FII holding
4.62%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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