NLC India Limited, the Navratna public sector enterprise, has issued commercial paper worth ₹1300 crores on February 6, 2026. The company disclosed this significant debt instrument issuance to stock exchanges in compliance with SEBI regulations.

Commercial Paper Issuance Details

The commercial paper issuance comprises specific structural elements that demonstrate the company's funding strategy. The total issuance consists of 26,000 commercial papers, each carrying a face value of ₹5,00,000.

Regulatory Compliance

The disclosure has been made under Regulation 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Sushanta Kumar Panda signed the disclosure document digitally on February 6, 2026.

The company has informed both major stock exchanges about this development. NLC India trades on NSE under the symbol NLCINDIA and on BSE with scrip code 513683. The formal communication ensures transparency and adherence to regulatory requirements for listed entities.

Company Background

NLC India Limited operates as a Navratna Government of India Enterprise with its registered office in Chennai and corporate office in Neyveli, Tamil Nadu. The company maintains its commitment to regulatory compliance while executing its financial strategies through various debt instruments including commercial paper issuances.

NLC India Limited announced its Q3FY26 unaudited financial results, achieving all-time highest ever revenue from operations and profit after tax for nine months in FY 2025-26. The Navratna Government of India Enterprise demonstrated strong operational performance with significant milestones across its business segments.

Q3FY26 Financial Performance

The company's board of directors approved the standalone and consolidated unaudited financial results for the quarter ended December 31, 2025, in their meeting held on February 10, 2026. The quarterly performance showed consistent growth across key financial metrics.

Record-Breaking Nine Months Performance

For the nine months ended December 31, 2025, NLC India achieved all-time highest ever revenue from operations and profit after tax. The company recorded revenue from operations of ₹7,945.59 crore compared to ₹7,562.63 crore in the corresponding period of the previous year, representing a growth of 5.06%.

Major Operational Milestones

During Q3 2025-26, NLC India achieved several significant operational milestones. NUPPL GTPP's Unit II (660 MW) of 1,980 MW successfully achieved Commercial Operation Declaration (COD) on December 9, 2025. Talabira Mine set new records with highest single day coal production of 1,01,040 tonnes on December 30, 2025, and highest single day coal dispatch of 91,124 tonnes on December 31, 2025.

Group Performance and Strategic Initiatives

The group achieved all-time highest ever nine months revenue from operations of ₹12,447.07 crore against ₹11,446.97 crore in the previous year, registering a growth of 8.74%. Group profit after tax reached ₹2,288.02 crore compared to ₹2,245.14 crore in the previous year, showing a growth of 1.91%.

Awards and Recognition

NLC India received multiple prestigious awards during the period. The company won the Silver Shield at the ICAI Awards for Excellence in Financial Reporting 2024-25, secured 2nd Rank in the PRSI Awards for the Annual Report for FY 2024-25, and won the SKOCH Award for Corporate Excellence in Financial Performance. Under the MoU evaluation by DPE, NLCIL received an "Excellent" rating for FY 2024-25.

Dividend and Financial Highlights

The company declared an interim dividend of 36% (₹3.60 per equity share) on the face value of paid-up equity shares for FY 2025-26, the highest since the last five years. Cash realisation from debtors crossed ₹10,000 crore, reaching ₹10,242 crore. The company recorded Capex of ₹6,242 crore up to December 2025, exceeding the FY 2025-26 annual target by 23%.