Company Overview

Nuvoco Vistas Corporation Limited ("Nuvoco") is commemorating its 10-year anniversary under the theme 'Dus Saal Bemisaal', marking a decade of transformation, growth and institution-building in the building materials sector.

Historical Growth Journey

The company's journey began in 2014 when parent organization Nirma Group commenced operations with a greenfield cement plant at Nimbol, Rajasthan with initial capacity of 2 MMTPA. Key milestones include:

  • October 2016: Completion of Lafarge India acquisition, significantly expanding organizational scale
  • 2020: Acquisition of Emami Cement (now NU Vista Limited) during COVID-19 pandemic
  • 2021: Became a publicly listed company
  • April 2025: Added Vadraj Cement to portfolio, strengthening presence in western India

Current Operational Capacity

As of October 2026, the company has achieved:

  • 27 MMTPA of operating cement capacity
  • 14 manufacturing units (including Kutch and Sachana facilities in Gujarat in advanced stage of completion)
  • 58 ready-mix concrete plants across India
  • Diversified portfolio under Modern Building Materials business

Future Expansion Plans

The company is poised to reach 35 MMTPA of cement capacity by FY 2027–28, representing approximately 15x growth over the past decade. Expansion includes a new grinding mill at the Arasmeta Cement Plant complemented by debottlenecking projects, equipment upgrades, and process improvements.

Financial Performance

For FY 2025–26, the company reported total income of Rs. 11,362 crore, underscoring its strong and sustainable growth trajectory.

Business Segments and Product Portfolio

Nuvoco operates three business segments:

Cement:

  • Brands: Concreto, Duraguard, Double Bull, PSC, Nirmax, Infracem
  • Product types: OPC, PSC, PPC, PCC

Ready-Mix Concrete (RMX):

  • Pan-India presence with 58 plants
  • Value-added products: Concreto (Performance concrete), Artiste (Decorative concrete), InstaMix (ready-to-use bagged concrete), X-Con (M20 to M60), Ecodure (Special green concrete)
  • Contributor to landmark projects including Mumbai-Ahmedabad Bullet Train, Birsa Munda Hockey Stadium (Rourkela), Aquatic Gallery Science City (Ahmedabad), Metro Railway (Delhi, Jaipur, Noida and Mumbai)

Modern Building Materials (MBM):

  • Product portfolio under 'Zero M' brands: construction chemicals, tile adhesives, wall putty, cover blocks
  • Supported by NABL-accredited Construction Development and Innovation Centre (CDIC) in Mumbai

Management Commentary

Shri. Hiren Patel, Chairman, Nuvoco Vistas Corp. Ltd., stated: "As we celebrate 'Dus Saal Bemisaal', we look back with immense pride and gratitude at a decade shaped by courageous decisions, long-term conviction and the collective strength of our people. From our beginnings at Nimbol to the Organisation we are today, every milestone has added a new chapter to Nuvoco's journey and strengthened our belief in building for the long term."

He further added: "As we step into the next decade, our ambition is to build on this strong foundation and create an institution that is innovative, sustainable, high-performing and an Organisation where people are proud to contribute, grow and build meaningful careers."

Corporate Vision

The company's vision is to build a safer, smarter, and sustainable world and it is among the leading players in East India with strong presence in North and West India.