NLC India (513683) investor relations material

Financial performance highlights

• Achieved record revenue from operations of ₹17,490 Cr, up 14% YoY, and highest-ever PAT of ₹3,769 Cr, up 39% YoY.

• Capex reached ₹9,131 Cr, marking an 18% YoY increase, with net worth rising 15% to ₹21,525 Cr.

• Market capitalization hit an all-time high of ₹53,774 Cr, with share price peaking at ₹387.80 on NSE as of May 2026.

• EBITDA margin stood at 43%, and net profit margin at 20.49% for FY2026.

• Dividend payout reached 38.5%, the highest in six years.

Operational and business developments

• Annual coal production and dispatch from Talabira II & III OCP reached record highs at 19.14 MT and 17.69 MT, respectively.

• Added 963 MW capacity (660 MW thermal, 303 MW renewables) and generated 2.26 BU of renewable power, both highest ever.

• Pachwara South coal mine commenced production in March 2026.

• Awarded 2 GW RE projects and 3,300 MWh BESS across multiple states; two new JVs approved for renewables.

Strategic and growth outlook

• Targeting 10,110 MW renewable capacity by 2030, with renewables to form ~50% of generation mix.

• Capex plan of over ₹1 lakh Cr through 2030, with major investments in green energy, mining, thermal, and diversification.

• Diversification into critical minerals, green hydrogen, battery storage, and EV charging underway.

• NIRL subsidiary anchors renewable expansion; IPO planned for FY2027.

• Project pipeline includes major mining, thermal, and renewable projects, with significant capacity additions planned.