Results Snapshot
Figures in Cr
Consolidate Annual Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
Mar'20
Net Sales
17,489.53
15,282.96
13,001.33
16,165.24
11,947.94
9,846.09
10,320.56
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
17,489.53
15,282.96
13,001.33
16,165.24
11,947.94
9,846.09
10,320.56
Raw Material Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
-48.42
-177.02
-238.96
206.31
476.49
-51.43
81.99
Employee Cost
2,548.65
3,076.42
2,707.69
2,578.83
2,690.45
2,755.89
2,874.96
Power Cost
3,417.16
2,261.91
1,743.96
2,200.05
1,176.59
1,563.30
1,533.59
Manufacturing Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
5,983.70
5,281.42
5,252.85
5,338.59
3,441.54
2,775.72
2,382.53
Total Expenditure (Excl Depreciation)
11,901.09
10,442.73
9,465.54
10,323.78
7,785.07
7,043.48
6,873.07
Operating Profit (PBDIT) excl Other Income
5,588.44
4,840.23
3,535.79
5,841.46
4,162.87
2,802.61
3,447.49
Other Income
977.36
1,606.49
947.14
1,217.98
598.02
1,952.33
1,272.14
Operating Profit (PBDIT)
6,565.80
6,446.72
4,482.93
7,059.44
4,760.89
4,754.94
4,719.63
Interest
1,221.58
931.76
849.28
1,011.69
983.78
1,312.57
1,174.38
Exceptional Items
0.00
0.00
0.00
-12.32
0.00
-70.82
-3.44
Gross Profit (PBDT)
5,344.22
5,514.96
3,633.65
6,035.43
4,166.94
3,371.55
3,541.81
Depreciation
2,378.58
1,884.27
1,824.89
1,800.79
1,908.72
1,611.42
1,334.15
Profit Before Tax
3,875.12
3,696.93
2,881.64
2,055.79
2,603.14
2,223.07
2,345.11
Tax
105.94
983.56
1,014.32
630.66
1,488.01
909.03
892.95
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
3,769.18
2,713.37
1,867.32
1,425.13
1,115.13
1,314.04
1,452.16
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
3,769.18
2,713.37
1,867.32
1,425.13
1,115.13
1,314.04
1,452.16
Share in Profit of Associates
0.28
0.24
0.25
0.97
0.52
0.07
0.82
Minority Interest
-247.26
-92.25
-13.49
-30.42
-23.08
-32.23
-11.61
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
3,522.20
2,621.36
1,854.08
1,395.68
1,092.57
1,281.88
1,441.37
Equity Capital
1,386.64
1,386.64
1,386.64
1,386.64
1,386.64
1,386.64
1,386.64
Face Value
10.0
10.0
10.0
10.0
10.0
10.0
10.0
Reserves
20,138.12
17,336.33
15,144.41
13,782.20
12,802.54
12,098.17
11,518.49
Earnings per share (EPS)
25.4
18.9
13.37
10.07
7.88
9.24
10.39
Diluted Earnings per share
20.8
19.57
13.47
10.28
8.05
9.7
10.48
Operating Profit Margin (Excl OI)
31.95%
31.67%
27.2%
36.14%
34.84%
28.46%
33.4%
Gross Profit Margin
30.56%
36.09%
27.95%
37.34%
34.88%
34.24%
34.32%
PAT Margin
21.55%
17.75%
14.36%
8.82%
9.33%
13.35%
14.07%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2026 is 14.44% vs 17.55% in Mar 2025
Consolidate Net Profit
YoY Growth in year ended Mar 2026 is 34.37% vs 41.38% in Mar 2025
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2026 is 15.46% vs 36.89% in Mar 2025
Interest
YoY Growth in year ended Mar 2026 is 31.10% vs 9.71% in Mar 2025
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2026 has improved from Mar 2025
Compare Annual Results Of NLC India With
Figures in Cr
Consolidate Annual Results
Change(INR)
Change(%)
Net Sales
17,489.53
28,966.31
-11,476.78
-39.62%
Other Operating Income
0.00
0.00
0.00
Total Operating income
17,489.53
28,966.31
-11,476.78
-39.62%
Raw Material Cost
0.00
0.00
0.00
Purchase of Finished goods
0.00
1,593.67
-1,593.67
-100.00%
(Increase) / Decrease In Stocks
-48.42
0.00
-48.42
Employee Cost
2,548.65
705.80
1,842.85
261.10%
Power Cost
3,417.16
18,997.91
-15,580.75
-82.01%
Manufacturing Expenses
0.00
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
5,983.70
2,127.55
3,856.15
181.25%
Total Expenditure (Excl Depreciation)
11,901.09
23,424.93
-11,523.84
-49.19%
Operating Profit (PBDIT) excl Other Income
5,588.44
5,541.38
47.06
0.85%
Other Income
977.36
322.61
654.75
202.95%
Operating Profit (PBDIT)
6,565.80
5,863.99
701.81
11.97%
Interest
1,221.58
934.47
287.11
30.72%
Exceptional Items
0.00
0.00
0.00
Gross Profit (PBDT)
5,344.22
4,929.52
414.70
8.41%
Depreciation
2,378.58
1,612.75
765.83
47.49%
Profit Before Tax
3,875.12
3,316.77
558.35
16.83%
Tax
105.94
847.41
-741.47
-87.50%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
3,769.18
2,469.36
1,299.82
52.64%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
3,769.18
2,469.36
1,299.82
52.64%
Share in Profit of Associates
0.28
0.00
0.28
Minority Interest
-247.26
-52.93
-194.33
-367.15%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
3,522.20
2,416.43
1,105.77
45.76%
Equity Capital
1,386.64
503.90
882.74
175.18%
Face Value
10.00
10.00
0.00
Reserves
20,138.12
18,571.43
1,566.69
8.44%
Earnings per share (EPS)
25.40
47.95
-22.55
-47.03%
Diluted Earnings per share
20.80
47.95
-27.15
-56.62%
Operating Profit Margin (Excl OI)
31.95%
19.13%
0.00
12.82%
Gross Profit Margin
30.56%
17.02%
0.00
13.54%
PAT Margin
21.55%
8.52%
0.00
13.03%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Annual - Net Sales
Net Sales 17,489.53 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 14.44% vs 17.55% in Mar 2025
Annual - Consolidate Net Profit
Consolidate Net Profit 3,522.20 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 34.37% vs 41.38% in Mar 2025
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 5,588.44 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 15.46% vs 36.89% in Mar 2025
Annual - Interest
Interest 1,221.58 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 31.10% vs 9.71% in Mar 2025
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 31.95%
in Mar 2026Figures in %
YoY Growth in year ended Mar 2026 has improved from Mar 2025






