NLC India (513683) Q4 24/25 earnings summary

Executive summary

• Consolidated revenue from operations for FY25 was ₹15,282.96 crore, up from ₹13,001.33 crore in FY24, with total income at ₹16,889.45 crore year-over-year.

• Profit after tax before share of associates for FY25 stood at ₹2,713.37 crore, compared to ₹1,867.32 crore in FY24.

• The group declared and paid an interim dividend of ₹208 crore (₹1.50 per share) during the quarter.

Financial highlights

• EBITDA for FY25 was robust, with depreciation and amortization at ₹1,884.27 crore and finance costs at ₹931.76 crore.

• Net profit margin for FY25 was 17.68%, up from 13.27% in FY24.

• Earnings per share (after regulatory deferral) for FY25 was ₹19.57 (basic and diluted), up from ₹13.47 in FY24.

• Cash and cash equivalents at year-end stood at ₹186.96 crore, down from ₹565.47 crore last year.

Outlook and guidance

• The group filed tariff petitions for 2024-29 and truing-up petitions for 2019-24 within statutory timelines.

• Ongoing legal and regulatory matters, including tariff disputes and land acquisition challenges, are being actively managed.