NLCINDIA quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
NLC India Ltd reported sales of ₹4,732 Cr, operating profit of ₹1,368 Cr (OPM 29%) and net profit of ₹1,328 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
NLCINDIA quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
4,411
3,836
3,826
4,178
4,443
5,042
4,717
4,732
YoY Sales growth
39
8
13
14
1
31
23
13
Expenses
3,377
2,975
2,891
2,779
3,099
3,268
3,245
3,365
Operating Profit
1,035
861
935
1,400
1,344
1,774
1,471
1,368
OPM
23%
22%
24%
34%
30%
35%
31%
29%
Other Income
489
957
497
359
364
802
228
263
Interest
237
325
299
289
269
364
382
438
Depreciation
458
581
539
548
597
695
666
729
Profit before tax
830
912
594
921
843
1,518
652
465
Tax
16%
49%
-41%
21%
14%
2%
33%
-186%
Net Profit
696
468
839
725
724
1,481
436
1,328
EPS in Rs
4.82
3.48
5.75
4.8
4.8
10.05
3.49
9.96
NLCINDIA profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
12,070
16,165
13,001
15,322
17,519
18,935
Sales growth
21
34
-20
18
14
17
Expenses
8,119
10,425
9,564
10,575
11,962
12,977
Operating Profit
3,951
5,740
3,438
4,747
5,558
5,958
OPM
33%
36%
26%
31%
32%
31%
Other Income
1,544
-872
2,118
1,766
1,917
1,657
Interest
984
1,012
849
932
1,222
1,453
Depreciation
1,909
1,801
1,825
1,884
2,379
2,686
Profit before tax
2,603
2,056
2,882
3,697
3,875
3,476
Tax
57%
31%
35%
27%
3%
-
Net Profit
1,116
1,426
1,868
2,714
3,769
3,970
EPS in Rs
7.88
10.07
13.37
18.9
25.4
28.3
Dividend Payout
19%
35%
22%
16%
15%
-
NLCINDIA balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
1,387
1,387
1,387
1,387
1,387
Reserves
15,144
17,336
18,579
20,138
22,014
Borrowings
22,415
22,429
24,368
27,892
28,248
Other Liabilities
16,043
16,752
16,609
15,381
15,736
Total Liabilities
54,989
57,904
60,943
64,798
67,385
Fixed Assets
23,391
30,699
30,411
36,596
40,625
CWIP
17,726
15,297
17,865
14,293
11,306
Investments
8
9
8
8
9
Other Assets
13,864
11,898
12,659
13,900
15,445
Total Assets
54,989
57,904
60,943
64,798
67,385
NLCINDIA cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
7,746
4,171
5,512
8,977
5,166
Cash from Investing Activity
-763
-2,499
-3,059
-7,160
-7,549
Cash from Financing Activity
-7,001
-1,735
-1,985
-2,196
2,907
Net Cash Flow
-18
-62
468
-379
525
Free Cash Flow
6,832
1,618
2,357
1,709
-2,474
CFO/OP
218%
75%
178%
202%
108%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit