Nuvoco Vistas Corp. Ltd., a prominent player in the Indian building materials sector, has announced its financial results for the fiscal year ending March 31, 2026. The company reported a significant increase in its Profit After Tax (PAT), which rose to ₹360 crore from ₹22 crore in FY25. This growth is attributed to robust operational performance and strategic initiatives.
The company achieved a consolidated sales volume of 20.4 million metric tonnes (MMT), marking a 5% year-on-year growth. Total income for the year increased by 10% to ₹11,362 crore. Notably, Nuvoco’s Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) saw a 35% year-on-year rise, reaching ₹1,881 crore.
Nuvoco continues to expand its footprint with ongoing projects at the Vadraj Cement facilities, where the clinker and grinding units are expected to be operational in phases starting from the third quarter of FY27. Additionally, the company’s 4 MMT per annum expansion in the East is progressing well, with completion targeted by FY28, which will increase Nuvoco’s total cement capacity to approximately 35 MMT per annum.
The Board has approved the establishment of a new bulk cement terminal at Viramgam, Sachana, Gujarat, which will include a dedicated railway siding and a handling capacity of approximately 1.5 MMT per annum. This terminal is expected to enhance the company’s distribution capabilities across the Gujarat market, with commissioning planned by FY28.
Premiumisation efforts have also shown positive results, with premium products accounting for 43% of trade volumes, an improvement of 300 basis points year-on-year. The company’s Ready-Mix Concrete (RMX) business launched the Concreto Tri Shield, a specialised solution offering enhanced durability, and the Artiste Elite Collection, which provides premium decorative concrete options.
Managing Director Jayakumar Krishnaswamy commented on the company’s performance, highlighting the solid growth in volumes, revenue, and profitability. He emphasised the company’s commitment to its growth strategy, despite potential headwinds from geopolitical uncertainties affecting fuel prices and raw material costs.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).