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NLC India (513683) investor relations material
NLC India Q1 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Achieved significant progress in capacity addition, including synchronization and commissioning of new power units and renewable projects.
Entered critical minerals mining with maiden block wins and signed MoUs for rare earth extraction.
Maintained strong engagement with government and regulatory bodies, securing key clearances and approvals.
Consolidated Q1 FY26 revenue from operations was ₹3,825.61 crore, up from ₹3,378.17 crore in Q1 FY25 and stable sequentially.
Consolidated net profit for Q1 FY26 stood at ₹839.21 crore, a significant increase from ₹566.69 crore in Q1 FY25.
Financial highlights
Q1 FY26 revenue from operations reached INR 4,115 crores, up 13% year-over-year.
Profit after tax for Q1 FY26 was INR 839 crores, a 48% increase compared to the previous year.
EBITDA for Talabira mine in Q1 was INR 218 crores; total sale value INR 610 crores.
Renewable segment EBITDA for FY25 was INR 627 crores; Q1 FY26 EBITDA was INR 153 crores.
Consolidated EBITDA for Q1 FY26 improved, with operating margin at 14.93% (vs. 21.48% in Q1 FY25).
Outlook and guidance
Targeting 10 GW renewable capacity by FY30, with 1 GW addition in FY26 and 1.5 GW annually thereafter.
CapEx plan for FY26 is INR 23,601 crores, with Q1 CapEx at INR 1,925 crores.
Talabira coal production target for FY26 is 20 million tonnes.
Management is confident of overcoming land acquisition challenges at Neyveli mines and ensuring lignite availability through contingency mining.
The company is actively pursuing regulatory and legal resolutions for disputed receivables and tariff matters.
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