NLC India Q4 Results 2026: Date, Revenue, PAT & Analyst Outlook

Mon Apr 13 2026

NLC India (NSE: NLCINDIA) is preparing to announce its Q4 FY26 financial results for the period ended March 31, 2026. The board of directors is scheduled to meet on May 2026 (Expected) to approve the audited statements and consider a final dividend recommendation. With the stock at Rs 215 — against a 52-week high of Rs 320 and 1-year return of -24% — the Q4 FY26 results will be a pivotal event for investors.

Analyst estimates for Q4 FY26 revenue stand at Rs 4,000-4,300 Cr, with PAT expectations of Rs 488-530 Cr and margin projections of EBITDA 20-22%. This article covers the NLC India Q4 results 2026 date, earnings estimates, five key performance factors, five risks, analyst ratings, and investor FAQs.

Table of Contents

NLC India Q4 Results 2026 Date

Get free investment predictions and live Q4 result alerts on Univest.

Company	Results Date	Article
TCS	April 9, 2026	Preview on Univest
Infosys	April 23, 2026	Preview on Univest
NLC India	May 2026 (Expected)	This article

Why This Quarter Matters

NLC India enters Q4 FY26 with expectations of Lignite + renewable capacity 6 GW. Q4 determines full-year FY26 performance, sets FY27 estimate baselines, and triggers final dividend announcements. At a 1-year return of -24%, this quarter’s results and FY27 guidance will be critical for determining whether the stock can sustain recovery momentum.

NLC India Q4 FY26 Earnings Estimates

Access premium SEBI-registered research on Univest.

Metric	Q3 FY26 Actual	Q4 FY26 Estimate	Driver
Revenue	Rs 3,768 Cr	Rs 4,000-4,300 Cr	Volume + pricing
PAT	Rs 466 Cr	Rs 488-530 Cr	Operating leverage
Margin	EBITDA 20.4%	EBITDA 20-22%	Cost control
Key Growth Metric	Q3 trend	Lignite + renewable capacity 6 GW	Management execution
Dividend Estimate	—	Rs 3-4 per share	Board recommendation

Screen NLC India fundamentals on Univest Screener.

5 Key Factors That Will Drive NLC India Q4 FY26 Performance

Revenue Momentum

Analysts expect Rs 4,000-4,300 Cr in Q4 FY26 revenue versus Rs 3,768 Cr in Q3. Q4 is seasonally important for the Power/Mining sector and the ability to convert the pipeline into recognised revenue will be the first performance test.

Margin Trajectory

Q4 FY26 margin expectations are EBITDA 20-22% versus EBITDA 20.4% in Q3. Input cost trends, employee expenses, and pricing power will determine whether the company can sustain or improve on Q3 levels.

PAT Quality

Net profit is estimated at Rs 488-530 Cr. Investors will assess whether PAT is driven by operational improvement or non-recurring items. A clean recurring profit print is most positively received by institutional investors.

Management Guidance for FY27

The most consequential output will be FY27 guidance — revenue growth bands, margin targets, and capex plans. In the current global macro environment, credible FY27 guidance carries significant weight for the stock’s re-rating potential.

Dividend Declaration

NLC India is expected to consider a final dividend of Rs 3-4 per share. The quantum signals management’s confidence in free cash flow generation and sets expectations for FY27 capital allocation strategy.

5 Risks to Watch in NLC India Q4 FY26

US Tariff and Macro Headwinds

The 26% US reciprocal tariff on Indian goods has created macro uncertainty. For NLC India, indirect impacts include FII outflows and earnings estimate cuts if global demand slows. India-US trade negotiations remain the most important macro catalyst.

Earnings Miss Risk

If NLC India’s Q4 FY26 results miss estimates, the stock could correct sharply. Investors should monitor revenue versus Rs 4,000-4,300 Cr and PAT versus Rs 488-530 Cr as the two primary watchpoints.

FY27 Guidance Below Consensus

If FY27 guidance falls below Street expectations, the stock may decline even if Q4 numbers are in line. Forward guidance carries more weight than the reported quarter in the current environment.

FII Outflow Continuation

FIIs sold Rs 22,000 crore in Indian equities in a single week following the tariff announcement. Continued selling would create headwinds for NLC India regardless of company-specific fundamentals.

Sector Regulatory Risk

The Power/Mining sector faces evolving regulatory frameworks. Policy changes that increase compliance costs or alter competitive dynamics could affect NLC India’s profitability beyond current consensus models.

NLC India Share Price and Analyst Ratings

NLC India is trading at Rs 215 as of early April 2026, against a 52-week high of Rs 320 and 52-week low of Rs 178. Market cap stands at Rs 29,900 Cr.

Brokerage	Rating	Target Price	Thesis
MOFSL	Neutral	Rs 255	PSU lignite + RE; Tamil Nadu operations
YES Securities	Buy	Rs 265	Solar 3 GW target FY27 capacity
JM Financial	Add	Rs 255	Consistent PAT + dividend yield
Emkay	Neutral	Rs 245	Limited re-rating; defensive income

Download the Univest iOS App or Univest Android App to track NLC India live and receive real-time Q4 result alerts.

Conclusion

NLC India Q4 FY26 results on May 2026 (Expected) will be a key event for investors monitoring the Power/Mining sector. Analysts project PAT of Rs 488-530 Cr and revenue of Rs 4,000-4,300 Cr. At a CMP of Rs 215 with analyst targets from Rs 245 to Rs 255, FY27 guidance will be the most critical post-results catalyst.

For more Q4 FY26 previews, visit Univest Blogs.

Frequently Asked Questions

What is the NLC India Q4 results 2026 date?

The NLC India Q4 results 2026 date is May 2026 (Expected). The board will meet to approve audited Q4 FY26 financials and consider a final dividend recommendation.

What is the NLC India Q4 FY26 PAT estimate?

Analysts estimate NLC India Q4 FY26 PAT at Rs 488-530 Cr, based on revenue of Rs 4,000-4,300 Cr and margin of EBITDA 20-22%.

What is NLC India’s share price ahead of Q4 results?

NLC India is trading at Rs 215. The 52-week high is Rs 320 and low is Rs 178. The 1-year return is -24% and market cap is Rs 29,900 Cr.

Will NLC India declare a dividend in Q4 FY26?

NLC India is expected to consider a final dividend of Rs 3-4 per share at the Q4 FY26 board meeting on May 2026 (Expected).

Which analysts have a Buy rating on NLC India?

YES Securities (Buy, Rs 265), JM Financial (Add, Rs 255) have positive ratings heading into Q4 FY26.

What were NLC India Q3 FY26 results?

NLC India reported Q3 FY26 revenue of Rs 3,768 Cr and PAT of Rs 466 Cr, with margin at EBITDA 20.4%. These form the baseline for Q4 FY26 consensus estimates.

When do TCS and Infosys announce Q4 results 2026?

TCS declared Q4 FY26 results on April 9, 2026. Infosys Q4 FY26 results are scheduled for April 23, 2026. Read both previews on Univest Blogs.

Is NLC India a good investment ahead of Q4 results?

This depends on your risk appetite and portfolio context. NLC India has compelling long-term factors alongside genuine near-term risks. Consult a SEBI-registered financial advisor before investing.

Disclaimer: Investment in the share market is subject to risk. This article is for informational and educational purposes only. All financial data and analyst estimates are sourced from publicly available information. Verify before investing. Consult a SEBI-registered advisor before making investment decisions.