NLC India (513683) investor relations material

Highlights of the year

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

• Capex reached an all-time high of ₹9,131 Cr, with net worth rising 15% YoY to ₹21,525 Cr.

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

• Annual coal production and dispatch from Talabira II & III OCP reached record levels, and Pachwara South coal mine commenced production.

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

Corporate profile and business structure

• Nearly seven decades of operations, with leadership in lignite mining and power generation, and a diversified portfolio across mining, thermal, renewables, and critical minerals.

• Operates 6 mines and 17 power plants across 11 states, with a total installed capacity of 7,694 MW (including JVs).

• Group structure includes wholly owned subsidiaries for renewables (NIRL) and green energy (NIGEL), with multiple JVs for expansion.

• NIRL consolidates renewable assets, targeting 10 GW renewable capacity by 2030, with an IPO planned for FY2027.

Financial performance

• Total income for FY2026 was ₹18,467 Cr, with EBITDA of ₹7,475 Cr and PAT of ₹3,769 Cr.

• Net worth increased to ₹21,525 Cr, and the debt-to-equity ratio improved to 1.29.

• Operating margin stood at 22.39%, and net profit margin at 20.49%.

• Capex for FY2026 was ₹9,131 Cr, with consistent AAA credit ratings from major agencies.