NLC India Limited — Quarter and year ended 31 March 2026 (audited)
| Particulars | Quarter ended 31-03-2026 (Audited) | Quarter ended 31-12-2025 (Unaudited) | Quarter ended 31-03-2025 (Audited) | Year ended 31-03-2026 (Audited) | Year ended 31-03-2025 (Audited) |
|---|---|---|---|---|---|
| INCOME | |||||
| I Revenue from Operations | 2,918.33 | 2,885.08 | 2,723.15 | 10,863.92 | 10,285.78 |
| II Other Income | 283.94 | 363.34 | 375.53 | 1,171.03 | 1,201.38 |
| III Total Income (I+II) | 3,202.27 | 3,248.42 | 3,098.68 | 12,034.95 | 11,487.16 |
| EXPENSES | |||||
| IV Changes in Inventories | (329.12) | 151.67 | (246.97) | (73.40) | (205.08) |
| Employee Benefits Expense | 612.31 | 673.30 | 1,064.90 | 2,433.36 | 2,997.20 |
| Finance Costs | 127.98 | 131.89 | 134.86 | 513.90 | 562.50 |
| Depreciation and Amortization Expenses | 382.23 | 378.38 | 378.71 | 1,452.88 | 1,368.10 |
| Other Expenses | 1,758.23 | 1,220.19 | 1,523.20 | 5,557.96 | 5,081.68 |
| Total Expenses (IV) | 2,551.63 | 2,555.43 | 2,854.70 | 9,884.70 | 9,804.40 |
| V Profit / (Loss) before Exceptional Items, Tax & Rate Regulatory Activity (III-IV) | 650.64 | 692.99 | 243.98 | 2,150.25 | 1,682.76 |
| VI Net Movement in Regulatory Deferral Account Balances – Income / (Expenses) | 604.92 | (120.32) | 824.06 | 888.56 | 1,175.07 |
| VII Profit / (Loss) before Exceptional Items & Tax (V+VI) | 1,255.56 | 572.67 | 1,068.04 | 3,038.81 | 2,857.83 |
| VIII Exceptional Items – Expenses / (Income) | |||||
| IX Profit / (Loss) before Tax (VII-VIII) | 1,255.56 | 572.67 | 1,068.04 | 3,038.81 | 2,857.83 |
| X Tax Expense: | |||||
| (1) Current Tax | |||||
| – Current Year Tax | 148.11 | 276.73 | 131.04 | 669.93 | 585.68 |
| – Previous Year Tax | 10.94 | – | – | 13.32 | 5.35 |
| – Tax Expenses / (Savings) on Rate Regulated Account | 173.99 | (24.08) | 298.06 | 272.71 | 408.98 |
| (2) Deferred Tax (after MAT adjustment) | (320.94) | (107.90) | (17.29) | (442.22) | (42.17) |
| Total Tax Expenses (X) | 12.10 | 144.75 | 411.81 | 513.74 | 957.84 |
| XI Profit / (Loss) for the period / year (IX-X) | 1,243.46 | 427.92 | 656.23 | 2,525.07 | 1,899.99 |
| XII Other Comprehensive Income: | |||||
| (A) (i) Items that will not be reclassified to Profit or Loss: | |||||
| (ii) Income tax relating to items that will not be reclassified to profit or loss | (2.63) | 9.78 | 9.61 | (9.25) | (19.53) |
| (B) (i) Items that will be reclassified to Profit or Loss: | |||||
| (ii) Income tax relating to items that will be reclassified to profit or loss | (0.23) | (1.92) | (2.40) | 2.84 | 6.80 |
| (6.46) | (6.46) | ||||
| XIII Total Comprehensive Income for the period / year (Comprising Profit/(Loss) and Other Comprehensive Income) (XI+XII) | 1,234.14 | 435.78 | 663.44 | 2,512.20 | 1,887.26 |
| XIV Earnings per Equity Share (of Rs.10 each) – (not annualised) Before adjustment of Net Regulatory Deferral Balances: | |||||
| (1) Basic (in Rs.) | 5.86 | 3.78 | 0.94 | 13.77 | 8.18 |
| (2) Diluted (in Rs.) | 5.86 | 3.78 | 0.94 | 13.77 | 8.18 |
| XV Earnings per Equity Share (of Rs.10 each) – (not annualised) After adjustment of Net Regulatory Deferral Balances: | |||||
| (1) Basic (in Rs.) | 8.97 | 3.09 | 4.73 | 18.21 | 13.70 |
| (2) Diluted (in Rs.) | 8.97 | 3.09 | 4.73 | 18.21 | 13.70 |
| Particulars | Quarter ended 31-03-2026 (Audited) | Quarter ended 31-12-2025 (Unaudited) | Quarter ended 31-03-2025 (Audited) | Year ended 31-03-2026 (Audited) | Year ended 31-03-2025 (Audited) |
|---|---|---|---|---|---|
| XVI Paid up Equity Share Capital [Face Value of Rs.10/- per Share] | 1,386.64 | 1,386.64 | 1,386.64 | 1,386.64 | 1,386.64 |
| XVII Paid up Debt Capital * | 10,157.36 | 9,341.22 | 7,524.97 | 10,157.36 | 7,524.97 |
| XVIII Other Equity excluding Revaluation Reserve | 17,883.54 | 17,148.57 | 16,078.53 | 17,883.54 | 16,078.53 |
| XIX Net Worth [Equity Share capital and Other Equity less Asset under Development] | 19,270.18 | 18,535.20 | 17,465.17 | 19,270.18 | 17,465.17 |
| XX Debenture Redemption Reserve | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| XXI Capital Redemption Reserve | 291.07 | 291.07 | 291.07 | 291.07 | 291.07 |
| XXII Debt Equity Ratio [Paid up debt Capital / Share Holders Equity] | 0.53 | 0.50 | 0.43 | 0.53 | 0.43 |
| XXIII Debt Service Coverage Ratio (DSCR) [Earning before Tax, Exceptional, depreciation and interest / Interest net of transfer to Capital Work in Progress and Principal Repayments of Long term Borrowings] | 1.17 | 3.40 | 8.01 | 1.62 | 3.32 |
| XXIV Interest Service Coverage Ratio [Earning before Tax, Exceptional, depreciation and interest/ Interest net of transfer to Capital Work in Progress] | 13.80 | 8.21 | 11.73 | 9.74 | 8.51 |
| XXV Current Ratio [Current Assets / Current Liability] | 0.64 | 0.80 | 0.81 | 0.64 | 0.81 |
| XXVI Long Term Debt to Working Capital Ratio [Long term debt including current maturities of Long term borrowings / Working capital excluding current maturities of long term borrowings] | (2.71) | 18.49 | 6.89 | (2.71) | 6.89 |
| XXVII Bad debt to Accounts Receivable Ratio ** [Bad debt / Average Account Receivables] | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| XXVIII Current Liability Ratio [Current Liability / Total Liability] | 0.44 | 0.37 | 0.41 | 0.44 | 0.41 |
| XXIX Total Debt to Total Asset Ratio [Paid Up debt capital / Total Asset] | 0.27 | 0.24 | 0.21 | 0.27 | 0.21 |
| XXX Debtor Turnover Ratio (annualised) [Revenue from Operation / Average Trade Receivables] | 5.75 | 5.78 | 3.87 | 4.97 | 2.86 |
| XXXI Inventory Turnover Ratio (annualised) [Revenue from Operation / Average Inventory] | 8.09 | 8.78 | 8.72 | 7.29 | 8.51 |
| XXXII Operating Margin (in %) [Earning before Exceptional, Tax, Interest and other Income / Revenue from Operation including Net movement in regulatory deferral account balances] | 31.21 | 12.34 | 23.32 | 20.27 | 19.36 |
| XXXIII Net Profit Margin (in %) [Profit for the Period / Revenue from Operation including Net movement in regulatory deferral account balances] | 35.29 | 15.48 | 18.50 | 21.49 | 16.58 |
| Sl. No | Particulars | As at 31-03-2026 (Audited) | As at 31-03-2025 (Audited) |
|---|---|---|---|
| A | ASSETS | ||
| (1) | Non-Current Assets | ||
| (a) Property, Plant and Equipment | 14,010.68 | 17,376.73 | |
| (b) Right of Use Assets | 148.70 | 76.52 | |
| (c) Intangible Assets | 249.61 | 211.23 | |
| (d) Capital Work-in-Progress | 4,864.40 | 4,319.55 | |
| (e) Asset Under Development | – | – | |
| (f) Financial Assets | |||
| (i) Investments | 8,403.80 | 5,091.52 | |
| (ii) Trade Receivables | – | 58.03 | |
| (iii) Loans | 522.99 | 7.85 | |
| (iv) Other Financial Assets | 686.99 | 604.31 | |
| (g) Other Non-Current Assets | 2,723.71 | 1,781.90 | |
| Total Non-Current Assets | 31,610.88 | 29,527.64 | |
| (2) | Current Assets | ||
| (a) Inventories | 1,612.29 | 1,370.04 | |
| (b) Financial Assets | |||
| (i) Investments | 0.61 | 1.40 | |
| (ii) Trade Receivables | 1,856.83 | 2,460.41 | |
| (iii) Cash and Cash Equivalents | 90.13 | 163.47 | |
| (iv) Bank Balances other than Cash and Cash Equivalents | 125.96 | 125.72 | |
| (v) Loans | 319.41 | 714.40 | |
| (vi) Other Financial Assets | 23.32 | 26.28 | |
| (c) Current Tax Assets (Net) | – | 134.20 | |
| (d) Other Current Assets | 1,144.29 | 1,256.92 | |
| Total Current Assets | 5,172.84 | 6,252.84 | |
| (3) | Assets held for Sale | 37.57 | 43.50 |
| (4) | Regulatory Deferral Account Debit Balances | 795.73 | 456.77 |
| Total Assets and Regulatory Deferral Account Debit Balances | 37,617.02 | 36,280.75 | |
| B | EQUITY & LIABILITIES | ||
| (1) | Equity | ||
| (a) Equity Share Capital | 1,386.64 | 1,386.64 | |
| (b) Other Equity | 17,883.54 | 16,078.53 | |
| Total Equity | 19,270.18 | 17,465.17 | |
| (2) | Liabilities | ||
| (I) | Non-Current Liabilities | ||
| (a) Financial Liabilities | |||
| (i) Borrowings | 5,960.32 | 5,006.74 | |
| (ii) Lease Liabilities | 21.44 | 34.35 | |
| (iii) Other Financial Liabilities | 422.30 | 245.89 | |
| (b) Provisions | 132.30 | 152.54 | |
| (c) Deferred Tax Liabilities (Net) | 2,345.67 | 3,867.49 | |
| (d) Other Non-Current Liabilities | 771.78 | 767.33 | |
| Total Non-Current Liabilities | 9,653.81 | 10,074.34 | |
| (II) | Current Liabilities | ||
| (a) Financial Liabilities | |||
| (i) Borrowings | 4,197.04 | 2,518.23 | |
| (ii) Lease Liabilities | 3.02 | 2.03 | |
| (iii) Trade Payables | |||
| – Total outstanding dues of Micro and Small Enterprises | 164.08 | 160.43 | |
| – Total outstanding dues of creditors other than Micro and Small Enterprises | 613.88 | 1,073.19 |