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Earnings Call

NLC India Earnings Call: Key Takeaways

NLCIL delivered a strong FY26 with consolidated PAT growing 39% to ₹3,769 Cr. Strategy focuses on balancing thermal capacity with a target of 50:50 thermal-renewable mix by 2030.

Why this was an Alfa AlertNot a filter event. Results and projections are in line with strategic scaling without a 10% beat on prior explicit guidance.
Highlights
Revenue growthConsolidated up 14.44% YoY to ₹17,490 Cr.
MarginsOperating margin >22%; EBITDA margin target ~50% by FY30.
Order bookWon ~2 GW renewable tenders in last six months.
Demand visibilityStrong; peak power demand surge noted in recent weeks.
Management confidenceHigh, citing record production, Capex, and successful renewable auctions.

Growth

Consolidated Revenue grew 14.44% to ₹17,490 Cr; Standalone PAT rose 32.90% to ₹2,525 Cr.

Outlook

FY27 revenue target of ₹25,300 Cr; FY27 Capex plan of ₹23,600 Cr including JVs.

Risks

Land acquisition issues in Neyveli mines and sensitivity of non-regulated equity to interest rate hikes.

Source

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

Read the document ↗

NLC India Limited: 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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