New Delhi: NLC India Limited, the Navratna public sector enterprise under the Government of India, announced its audited standalone and consolidated financial results for FY2025-26, reporting record profits, strong operational growth, and major expansion in renewable energy and coal mining operations.
Following the announcement, the company’s stock rallied sharply on the BSE, touching a fresh all-time high of ₹373.80 per share. At around 10:01 AM, the stock was trading 11.15% higher at ₹361.85, significantly outperforming the broader market.
NLC India FY26 Financial Performance Highlights
Standalone FY26 Results
NLC India posted a strong rise in profitability during FY26 driven by higher coal production, improved operational efficiency, and growth in power generation.
- Profit After Tax (PAT): ₹2,525 crore, up 32.9% YoY from ₹1,990 crore
- Revenue from Operations: ₹10,864 crore, up 5.6% YoY
- EBITDA: ₹5,006 crore, up 4.5% YoY
- Net Worth: ₹19,270 crore, up 10.3% YoY
The company also achieved its highest-ever annual coal production from the Talabira II & III open-cast projects.
Consolidated FY26 Results Hit Record High
On a consolidated basis, NLC India delivered its highest-ever annual profit in company history.
- Consolidated PAT: ₹3,769 crore, up 38.9% YoY
- Revenue from Operations: ₹17,490 crore, up 14.4% YoY
- EBITDA: ₹7,475 crore, up 14.8% YoY
- Net Worth: ₹21,525 crore, up 15% YoY
The company also maintained 100% collection efficiency from power debtors, reflecting strong financial discipline.
NLC India Q4FY26 Results
For the March quarter ended FY26, NLC India reported a sharp jump in earnings compared to the same period last year.
- Q4FY26 Net Profit: ₹1,393.46 crore, up 189% YoY
- Q4FY26 Revenue: ₹5,042.46 crore, up 31.4% YoY
The strong quarterly performance boosted investor confidence and triggered heavy buying in the stock.
NLC India Dividend FY26
The Board of Directors recommended a final dividend of ₹0.25 per equity share for FY26, subject to shareholder approval.
Dividend Details
- Final Dividend: ₹0.25 per share
- Interim Dividend Already Paid: ₹3.60 per share
- Total FY26 Dividend: ₹3.85 per share
- Face Value: ₹10 per share
The company said the record date for the final dividend will be announced later.
Operational Performance in FY26
Record Coal Production
NLC India achieved robust growth in mining operations during FY26.
- Coal Production: 19.14 million tonnes (MT), up 11.3% YoY
- Coal Dispatch: 17.69 MT from Talabira II & III mines
The newly commissioned Pachwara South Coal Mine with a capacity of 9 MTPA began production in March 2026.
The company also received approvals related to:
- New Patrapara South Coal Mine
- Revised mining plan for Machhakata OCP
Renewable Energy Expansion Gains Momentum
NLC India significantly strengthened its renewable energy portfolio during FY26.
Capacity Additions
Total capacity added during the year stood at 1,013 MW, including:
- 660 MW Thermal Capacity from Unit 2 of Ghatampur Thermal Power Plant
- 353 MW Renewable Capacity
- 300 MW solar project in Rajasthan
- 3 MW rooftop solar installations
Major Renewable Energy Developments
Its subsidiary NIRL secured:
- A 600 MW solar project from SECI
- Integrated 300 MW / 1,800 MWh Energy Storage System (ESS) project
Additionally:
- Seven renewable assets totaling 1.4 GW were transferred to NIRL
- The Government approved the proposed listing of NIRL through equity issuance and partial stake disinvestment
Joint Venture and International Funding
NLC India received approval for a joint venture between NIRL and NCRTC to develop 100 MW renewable energy projects in Uttar Pradesh.
The company also tied up an External Commercial Borrowing (ECB) facility of EURO 100 million with Germany’s KfW for project funding.
Exploration Licences and Mineral Expansion
The company expanded its mineral exploration footprint after receiving composite licences from the Government of Chhattisgarh for:
- Semhardih Phosphorite & Limestone Block
- Raipura Phosphorite & Limestone Block
These licences support NLC India’s long-term diversification strategy.
NLC India Share Price Hits Record High
Investor sentiment remained highly positive after the earnings announcement.
- 52-week/all-time high: ₹373.80 on BSE
- Previous NSE record high: ₹336.50 on May 11, 2026
- Market Capitalisation: Above ₹46,660 crore
The stock rally was supported by strong earnings growth, expansion plans, and improved operational metrics.
About NLC India Limited
NLC India Limited is a leading Indian public sector enterprise engaged in lignite mining, coal mining, thermal power generation, and renewable energy development. Headquartered in Neyveli, Tamil Nadu, the company operates under the Ministry of Coal and holds Navratna status. NLC India is rapidly expanding its renewable energy portfolio while strengthening its conventional power and mining operations across India.
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