Nlc India Limited · NSE:NLCINDIA
Nlc India — Investor Presentation (November 2025)
41 slides from Nlc India's investor presentation, Nov 25, 2025
Slide 1: NLC India Limited – Investors Meet Intimation
NLC India Limited (‘Navratna’ - Government of India Enterprise) Registered Office: No.135, EVR Periyar High Road, Kilpauk, Chennai-600 010. 1't10i: International Year ({ 2025 of Cooperatives Corporate Office: Block-1, Neyveli-607 801, Cuddalore District, Tamil Nadu. CIN : L93090TN1956GOI003507, Webs
Slide 2: Corporate Presentation November 2025
Corporate Presentation November 2025 <'.:-<'A~3 C: ~nl"71) ~ ~ NLC INDI~.:7 v~uv , CREATING WEALTH FOR WELLBEING NLC INDIA LIMITED POWERING A SUSTAINABLE FUTURE
Slide 3: Composition of Board of Directors
Composition of Board of Directors CREAT I NGWEALTH FOR WELLBEING Shri M. Prasanna Kumar Chairman and Managing Director Shri Sanoj Kumar Jha (IAS) Part-time Official Additional Secretary, Ministry of Coal, GoI. Directors Shri Samir Swarup Shri M. Venkatachalam Dr. Prasanna Kumar Acharya Dr. Suresh Ch
Slide 4: Vision, Mission and Values
<'(\nl)'> tifl~ \ 0/ c:.vN LC INDIA v'::J vI..J u vv CREATING W EALTH • • • • I ,on FOR WELLBEING I ,on ~ 0 J ► To emerge as a leading Mining I► Innovation <- --.. ' an ,d Power Company, with s,ocial 1 ' -- • Co ntinue to develop and sustain expertise in Power and 1 1 resp,onsiveness accelerating Mi
Slide 5: Evolution & Key Milestones
EVOLUTION & KEY MILESTONES UPTO FY 17 Barsingsar TPS : 250 MW UPTO FY 25 UPTO FY 2000 Formation of NUPPL •NNTPS- Unit II (500 MW) Listed on NSE & BSE TPS II Expn : 500MW •Mine IA Expn: 4 MTPA Mine II : 10.5 MTPA Solar : 10MW Solar 10 MW TPS II : 1470 MW NTPL : 1000MW Two Subsidiaries incorporated -
Slide 6: Structure of NLCIL
<'(\nl')'> fA~ yNLC INDIAJ vt..Juvv C RfATI NG WEALTH FORWELLBEING Structure of NLCIL NUPPL NIRL A JV between NLCIL & UPRVUNL - 1,980 MW Thermal Power Plant and 9 MTPA Coal I I - I I A wholly owned subsidiary of NLCIL to take over Block I I all the existing renewable assets and to take up I I I I I
Slide 7: NLCIL Presence - Pan India
<'(\nf71> tA~ tNLC INDIA.J <.t£.Ju vv C RfA TI N G W EALTH F0 R W ELL 8 EI N G NLCIL PRESENCE - PAN INDIA • •• · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · · ·Uttar Pradesh •• Aflj :• Therma 1320 MW* 660MW •
Slide 8: NLCIL Group Overview
NLCIL Group Overview 1) Equity Capital 3) GOI Share ₹ 1,386.64 Cr Lignite Mining 01 06 Critical 72.20% Minerals 30.1 MTPA ~('nr-,'> 02 €Ji.~ C. . V NLC INDIA.;, ::J 05 Power Trading & Consultancy Thermal vi..Juvv CREATING WEALTH Power FOR WELLBEING 5960 MW* Renewable Energy 03 04 Coal Mining 20 MTPA
Slide 9: NLCIL Diversification Projects
<'(\n~'>. f/4\S vN LC INDIA .J Vl..J LIVV NLCIL Diversification Projects CREATI N GWEA L TH FOR WELLBEING 1 Battery Storage System Pumped Storage System 4 (BESS) (PSP) 2 EV Charging station, Carbon capture systems • • 5 Critical Minerals 3 OB to M-Sand 6 Green H2 8
Slide 10: Shareholding Pattern
?' <'(\nf)I) ~(ll3 Shareholding Pattern ~NLC INDIA~ vl.Juvv CREATINGWEALTH FOR WELLBE I NG Total Number of Shareholders (A) Promoter & Promoter Group 4.05% 6.41% Govt. of India 1 3.24% 9.79% (B) Public State Govt. – Sponsored Institutions 6 4.31% Mutual Funds , Financial Institutions, Banks 24 Forei
Slide 11: India Way Forward in RE Capacity
<'('lnr-,'> tA~ ~NLC INDIAJ v(Juvv CRlATl"'GWEALTH FORWELLBEING India Way Forward in RE Capacity India is targeting 500 GW RE Capacity by FY 2030 ~ 50 GW Additions Annually Renewable energy capacity Renewable Target – 500 GW target of s,oo GW by 2030E 500 500 Breakup of 247 GW Projects in 400 D 'if.
Slide 12: Lignite Reserves in India
Lignite Reserves in India <"('nf71) €A~ vN LC IND IA .J <,,l.J u vv State wise Geological resources in MT as on 01.04.2025* CREAT I NGW EALT H FOR WELLBEING ◼ Baringsar Lignite State Measured Indicated Inferred Grand Total Field ◼ Kupwara lignite field Puducherry 0.00 405.61 11.00 416.61 ◼ Bikaner l
Slide 13: NLCIL Power Generation Capacity - Existing and Way Forward
<"('nf71) €A~ ~N LC IND IA .J NLCIL Power Generations Capacity - <,,l.J u vv / Existing and Way forward (In MW) CREAT I NGW EALT H / FOR WELLBEING / 25000 Distribution of Capacity in 2030 1 1600 20130 20000 6461 450 ■ Thermal! ■ Clea n and 15000 Gre,en 3060 Closer look on Clean and Green Energy 1000
Slide 14: Highlights of NLCIL & Group Financials for H1 FY26
<'('nr-,'> (A~ t NLC INDIAJ Vi.J LI\.>V CREATI N G WEALTH FORWELLBE I NG Highlights of NLCIL & Group Financials for H1 FY 26 Highest Revenue MOU’s In H1 FY 26, NLCIL NLCIL has signed has generated ALL IPMA MOU’s with BARC, TIME HIGHEST Certification KABIL & IREL for revenue from Operations extractin
Slide 15: Major Events in H1 FY26
Major Events in H1 FY 26 CREATINGWEALTH FOR WELLBEING Hon’ble Prime Minister of India laid foundation stone for NLCIL’s 600 MW solar project at 1. khavda & 50 MW Wind project at Dayapar in kutch, Gujarat. The First phase of 52.83 MW of the 300 MW Solar project at Barsingsar, Rajasthan 2. was success
Slide 16: Financial Performance - NLC Group H1 FY26
,c-<'A,:,g (\i11)'> Financial Performance-NLC Group H1 FY 26 C: ~ tNLC INDIAv (Ji.JU\.)'> WEA LTH C RlATI ~~LBEI NG fORW. Overview of Financials : -.- - - - - -- - - - BALANCE SHEET - - - ----.-- - - - - - - - - -- - - - - I I I Debt-to-Equity Ratio Trend Assets, liabilities, and shareholders' equit
Slide 17: All Time Highest H1 Revenue and PAT
NLCIL GROUP CRIEATl 1NCW ALTH FORWE.LLBEING Rs in Cr H1 REVENUE GROWTH H1 PAT YEARLY GROWTH 8,004 2022 - 2026 , H1 FY 26 1,564 Cr 7,352 1% ALL TIME HIGHEST , H1 FY 25 1,549 Cr 7,036 3% H1 FY24 6,294 • 1,500 52 % Cr 6,130 H1 FY 23 986 Cr ' " • 78 % H1 FY 22 • 555 Cr H1 22 H1 23 H1 24 H1 25 H1 26 16
Slide 18: Robust Consolidated Financials
CREATINGWEAL TH FOR WELLBEING Robust Consolidated Financials ₹ in Cr Sl. No. Particulars H1 FY 26 H1 FY 25 % Inc/Dec A. Revenue from Operations 8004 7036 14% B. Other Income 459 981 (53%) C. Total Income (A+B) 8463 8017 6% D. Total Expenditure 5669 4880 (16%) E. Depreciation 1087 846 (28%) F. Financ
Slide 19: Group Financial Performance Consistently Improving
<'(\n17'> tA~ ~ NLC INDIA.J vi..Juvv CREATI N GWEALTH Group Financial Performance consistently improving over the years FOR WELLBEING Revenue (₹ in Cr) EBITDA (₹ in Cr) PBT (₹ in Cr) 8,004.02 3,190.17 1,514.94 H1 FY 26 H1 FY 26 H1 FY 26 FY 25 15,283 FY 25 6,513 FY 25 3,697 FY 24 13,001 FY 24 5,556 F
Slide 20: Physical and Financial Performance – Mines
<'-(\nr,I) ·J&..·, ~ (As Physical and Financial Performance – Mines – Last 5 years & H1 FY 26 ~N LC IND IA y> <,,l.J u vv W EALT H CREATINE~LBEING FORW Coal Production (in LT) Coal Sales (in LT) Coal Sales (₹ in Cr) 74.87 88.36 1286.29 H1 FY 26 H1 FY 26 H1 FY 26 FY 25 2,246 FY 25 172 FY 25 167 FY 24
Slide 21: Physical and Financial Performance – Power
Physical and Financial Performance – Power – Last 5 years & H1 FY 26 Standalone gross generation (In BU) Standalone Export (In BU) Group Renewable Export (In BU) 7.92 6.64 1.12 H1 FY 26 H1 FY 26 H1 FY 26 FY 25 2.08 FY 25 19.33 FY 26 16.56 FY 24 19.54 FY 24 2.1 FY 24 16.8 FY 23 21.96 FY 23 2.19 FY 23
Slide 22: Consolidated Segment Investments & Green Portfolio
Consolidated Segment Investments & Green Portfolio CREATINGWEAL TH FOR WELLBEING Net Book Value of Assets* Installed Generation Capacity fiiiiil Mines Thermal Iii Renewable fiiiiil Others 21,952 21,426 Renewable 16,151 15,366 Capacity 14,698 1599 MW 5,614 5,375 5,157 5,133 Thermal 4,915 Capacity 3,1
Slide 23: Consolidated Financial Performance – Last 5 Years & H1 FY26
Consolidated Financial Performance – Last 5 Years & H1 FY 26 CREATINGWEAL TH Total Income (₹ Cr) FOR WELLBEING 13,699 EBITDA & EBIT (₹ Cr) 12,378 6,513 10,317 10,447 5,556 9,419 5,218 5,106 4,881 4,629 6,477 3,731 3,607 3,197 3,080 3,190 2,103 2,759 2,308 2,406 2,039 1,532 1,752 1438 1,376 1,095 548
Slide 24: Key Financial Ratios
CREATINGWEAL TH Consolidated Financial Performance – Last 5 Years & H1 FY 26 FOR WELLBEING #PBT & PAT ₹ Cr Key Financial Ratios 3,697 FY 21* FY 22 FY 23 FY 24 FY 25 H1 FY 26 2,882 OPM^ (%) 16.05 21.14 13.31 19.78 19.69 19.57 2,714 2,603 2,223 NPM (%) 12.75 9.08 10.2 13.27 17.68 18.62 2,056 1,867 ROC
Slide 25: Standalone Financial Performance and Credit Rating
Standalone Financial Performance Credit Rating CREATINGWEAL TH Credit Rating FOR WELLBEING Agency Net worth & Loans Outstanding (₹ in Cr) (Long Term Borrowings) CRISIL CRISIL AAA/Stable -, ICRA ICRA AAA/Stable 8,488 H1 FY 26 CARE Ratings 18,099 CARE AAA/Stable 7,525 Infomerics Ratings IVR AAA/Stable
Slide 26: Capital Employed, ROCE, Debt Equity and Dividend Trend
Consolidated Financial Performance – Last 5 Years & H1 FY 26 CREATINGWEAL TH Capital Employed ₹ Cr FOR WELLBEING ROCE 47,637 43,204 44,931 42,472 10.30 38,998 40,676 8.78 8.35 8.20 7.57 -------- T FY 21* FY 22 FY 23 FY 24 FY 25 FY 21* FY 22 FY 23 FY 24 FY 25 H1 FY 26 Debt Equity Ratio ^Dividend Tren
Slide 27: Consolidated Performance of Segments
Consolidated Performance of Segments for 5 years & H1 FY26 CREATINGWEAL TH FOR WELLBEING Mining Power Lignite and Coal Production (LT) Power Generation (MU) 251 241 235 237 193 29505 30083 172 27106 27870 24613 126 95 100 75 13376 64 10 Lignite Coal ■ FY 21 ■ FY 22 ■ FY 23 ■ FY 24 ■ FY 25 ■ H1 FY 26
Slide 28: Consolidated Performance for 5 Years & H1 FY26
CREATINGWEAL TH Consolidated Performance for 5 Years & H1 FY 26 FOR WELLBEING Total Income (₹ in Cr) Earning Per Share – EPS (in ₹) 17,383 16,889 19.57 13,948 11,798 12,546 13.47 8,463 10.28 11.28 9.48 8.05 ■ FY 21 ■ FY 22 ■ FY 23 ■ FY 24 ■ FY 25 ■ H1 FY 26 ■ FY 21 ■ FY 22 ■ FY 23 ■ FY 24 ■ FY 25 ■
Slide 29: NLCIL Outlook 2025 vs 2030
EXISTING VISION CREATINGWEALTH FOR WELLBEING NLCIL Outlook Mining : 50.1 MTPA •......................... Mining : 104.35 MTPA .. Capacity ........ Capacity .. ... Lignite : 30.1 MTPA ....... Lignite : 41.35 MTPA ... Coal: 20 MTPA ....... Coal : 62 MTPA ..... Critical Minerals : 1 MTPA Thermal: 5960
Slide 30: Financial Overview for the Next 5 Years
<-('nr-,1) f'Jl~ ~N LC INDIA .J FINANCIAL OVERVIEW - POR THE NEXT 5 YEARS (f IN CR) <,,l.J u vv CREAT I NGW EALT H FOR WELLBEING Pro,f 'i t Af't er tax Assets :F Y 24 13,001 1 FY24 1,868 py·24 54,,942 FY 25 15 283, FY 25 2,714 FY25 ,5,.7,,851 FY26 24 ,43,0 FY26 3.,482 FY26 76,,13,0 1 FY27 26,,829 1
Slide 31: NLCIL @2030 Equity Outlook
<>(1 n,..,'> (A3 ~ NLC INDIA~ vl..Juvv CREATINGWEALTH FOR WELLBE I NG NLCIL @2030 EQUITY OUTLOOK Mines Regulated Equity (RE): (₹) in Cr Thermal Regulated Equity (RE): (₹) in Cr 6,000 15000 r 5,000 4,000 ₹19,680 Cr 10000 .3 ,000 5,64 9 r Regulated Equity (RE) 4,437 14,030 2 ,000 12,259 3,403 5,000 8,
Slide 32: NLCIL @2030 Capex Plan for 5 Years
NLCIL @2030 <'" n r-,I'> tA~ ~ NLC INDIAJ (Rs. Crore) Capex Plan for 5 Years - Rs 1.17 Lakh Crore* <tl..J LI\).V CREATING WEALTH FOR WELLBEING -•-'•'••- ,., ~--- .... .L Mining Projects Existing MTPA 50.10 CAPEX - Thermal Projects Existing MW 5,960^ CAPEX - Ongoing 9 1,559 Ongoing 660 1,144 RE Proje
Slide 33: Ongoing / Upcoming Mining & Thermal Projects - 2030
Ongoing / Upcoming Mining & Thermals Project details - 2030 ■ ■ CREA T INGW E ALTH ■ FOR WELLBEING V ••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••••• ■ ■ ■ ■ ■ ■ ■ T - Mining ■ ■ ·~. Thermal ■ ■ ■ a. ... ■ ■ ... ■ ■ On going projects On going proj
Slide 34: Ongoing / Upcoming Renewable Projects - 2030
<'(\nt,'> €/4\~ ~ NLC INDIA.J Vl.J LIVV C R E A T I N G W E A L TH FO R W EL LBEIN G Ongoing / Upcoming Renewable Project details - 2030 ■ ■ ■ ■ , ................................. . ■ ■ ■ ■ Renewable • ••••••••••••••••••••••••••••••••••••• ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ T t On Going Projects Upcoming pr
Slide 35: ESG Ratings and Targets
In alignment with the global best practices and to enhance NLCIL’s sustainability profile, NLCIL has appointed two ESG Rating Providers –CareEdge and ICRA for the first time and has obtained a combined average score of 57.4 Working towards Environmental - Score - 42.8 (CareEdge); 46 (ICRA) • Ambitio
Slide 36: CSR Initiatives
CSR Initiatives CREATINGWEAL TH FOR WELLBEING Amount spent on CSR Initiatives in FY 25 – Rs. 48.63 Cr Year Norm Actual FY 23 39.65 43.07 2% 0.6% 0.3% 5% 0.1% FY 24 40.27 47.36 5% FY 25 43.89 48.63 6% 35% 14.87 FY 26 44.87 (H1) Green belt development 19% Neyveli _ c.,,,;-1,c, .._..~ "',; Township v..
Slide 37: New Initiatives – Sustainable Development
New Initiatives – Sustainable Development CREATINGWEAL TH • Formed 14 industrial service units for adoption of energy conservation measures FOR WELLBEING • Installation of energy efficient equipment's • Energy Audit for Thermal Power Stations Energy Conservation • Minimisation of idle running hours
Slide 38: Key Risks
CREATINGWEAL TH FOR WELLBEING KEY RISKS ▪ Stringent Norms prescribed by regulatory authority affecting power tariff. R • Cost and time overrun of projects under execution I • Risk due to stringent Environmental norms • Higher cost of lignite Mining S • Risk in Land acquisition • Surrender of Power b
Slide 39: Standalone Efficiency Parameters
CREATINGWEAL TH FOR WELLBEING Standalone Efficiency Parameters Output per Man Shift - Power (KWhr) Output per Man Shift – Lignite (in Tonne) 18.09 17.6 17.33 39662 39532 16.53 36478 36929 14.07 25054 FY 21 FY 22 FY 23 FY 24 FY 25 FY 21 FY 22 FY 23 FY 24 FY 25 Market price per share (in ₹) Book value
Slide 40: Disclaimer
Disclaimer CREATINGWEALTH FOR WELLBEING This presentation is for distribution only under such circumstances as may be permitted by applicable law. It is published solely for information purposes, it does not constitute an advertisement and is not to be construed as a solicitation or an offer to buy
Slide 41: Thank you
, Thank you ou!! NLCIL Management heartily thanks all the share Holders, Investors, Analysts for their continuous support in the journey of NLCIL.