Shares of NLC India jumped over 18% to a fresh all-time high on Thursday. The stock is heading for its biggest single-day gain in nearly five years after the company posted a strong 189% year-on-year surge in Q4 FY26 net profit.The Navratna PSU company released its quarterly results in the post-market hours on Wednesday. NLC India reported a consolidated net profit of Rs 1,394 crore for Q4 FY26, nearly triple the Rs 482 crore earned a year ago. Sequentially, profit more than doubled from Rs 666 crore in the previous quarter.The company's revenue from operations, meanwhile, rose 32% year-on-year (YoY) to Rs 5,043 crore in Q4 FY26 from Rs 3,836 crore in the year-ago period. Sequentially, revenue increased more than 13% from Rs 4,443 crore reported in the previous quarter.Along with the Q4 results, the company announced that its board of directors, during its meeting, recommended a final dividend of 0.25 per equity share (2.5%) for the financial year 2026, subject to approvals. NLC India reported an all-time high annual coal production of 19.14 MT and annual coal dispatch of 17.69 MT from its Talabira II & III OCP. For the entire financial year 2025-26, the company reported its highest-ever profit of Rs 3,769 crore, marking a 38.91% rise from the Rs 2,714 crore in the previous year. EBITDA and revenue from operations also rose to the highest ever levels during the year.Also read: Cipla shares rally 8% despite 55% YoY slump in Q4 profit. Why Citi, Nuvama, other brokerages hiked target NLC India share priceNLC India shares gained around 42% in one month and over 50% in 2026 so far. The stock jumped 67% in one year. In the longer term, the shares of the company rallied 347% in three years and over 523% in five years.The company currently has a market capitalisation of Rs 53,094 crore.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)