NLC India Limited (513683) Earnings Call Transcripts

NLC India Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, NLC India Limited reported a revenue of INR 17,490 crores, a 14.44% increase year-over-year, and a profit after tax of INR 3,769 crores, reflecting a 38.91% growth. The company achieved record coal production and dispatch, alongside significant advancements in renewable energy capacity. Management has set a revenue target of INR 25,300 crores for FY '27, driven by increased coal production and new thermal and renewable projects, indicating strong growth potential.

Reported metrics

Guidance from management

Management has set a revenue target of INR 25,300 crores for FY '27, supported by increased coal production and new thermal and renewable projects. They also guided for a capital expenditure of INR 23,600 crores for the same period.

What management said

Okay. See, in all 3 verticals, there will be an augmentation of production and generation. Mining, we are going to start the production from our Pachwara South coal block. This year, we are targeting more than 2 million metric tons of coal production. In thermal, our Ghatampur Unit #3, the trial operation is on the verge of trial operation. So for the period from now onwards, all 3 units will be available for genera...

Okay. In Talabira, particularly, this time, we sold 12 million -- more than 12 million tonnes of coal through e-auction compared to last year's 7.3 million metric ton. But this time, the rate per tonne is comparatively lesser, slightly. This year, it is INR 987 crores. Earlier it was INR 1,046 crores. So the total sale value is INR 2,517 crores '25-26 compared to INR 2,429 crores in the previous financial year. And t...

What analysts pressed on

Analysts expressed concerns regarding the sustainability of the recent regulatory income boost and the potential impact of rising interest rates on future returns. There were also questions about the slow growth in PAT relative to EBITDA growth, indicating potential pressures from interest and depreciation costs.

Main topics on the call

• Record Coal Production and Dispatch — NLCIL achieved an all-time high coal production of 19.14 million metric tons and dispatch of 17.69 million metric tons, marking an 11.28% increase in production year-over-year. Management stated, "We achieved all-time hi...
• Strong Financial Performance — The company reported a profit after tax of INR 3,769 crores, up 38.91% from the previous year, and EBITDA of INR 7,475 crores, reflecting a 14.78% increase. This performance was attributed to improved operational efficie...
• Future Revenue Guidance — Management projected revenue of INR 25,300 crores for FY '27, up from INR 17,490 crores in FY '26, driven by increased coal production and new renewable energy projects. Management emphasized, "In all 3 verticals, there ...
• Capital Expenditure Plans — NLCIL plans a capital expenditure of INR 23,600 crores for FY '27, with significant allocations for thermal and renewable projects. This includes INR 19,722 crores for power generation and INR 2,388 crores for renewables...

Read the full NLC India Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 12 NLC India Limited earnings call transcripts on record, spanning September 25, 2020 to May 27, 2026. Based on this history, NLC India Limited reports semi-annually. The most recent call on file is dated May 27, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

513683

Exchange

BSE

Country

IN

Sector

Utilities

Industry

Independent Power and Renewable Electricity Producers

Calls on record

12

First call

September 25, 2020

Most recent

May 27, 2026

Reporting cadence

semi-annually