Key Financial Figures

Quarter Ended June 30, 2026 (Q1 FY27) Performance:

  • Cement Sales Volume: 5.3 MMT (5% YoY growth)
  • Consolidated Total Income: ₹3,129 Crore (9% YoY growth)
  • EBITDA: ₹572 Crore (7% YoY growth) - highest ever Q1 EBITDA in company history
  • Profit After Tax: ₹160 Crore (20% YoY growth)

Expansion Projects & Capacity Additions

Completed Project:

  • Inaugurated 2 MMTPA grinding capacity at Limla Cement Plant, Surat (Vadraj Cement Plant facilities) on July 11, 2026
  • Completed ahead of schedule
  • Strategic purpose: Strengthens footprint in Western India and releases capacity at Rajasthan plants for Northern market

Projects in Progress:

  • Kutch plant: Operationalization in phases starting from Q3 FY27 (on track)
  • Bulk cement terminal at Viramgam, Sachana, Gujarat: Work commenced, equipped with dedicated railway siding
  • Target operationalization: Q2 FY28
  • Strategic purpose: Serve as distribution hub to deepen presence in Gujarat market

Overall Capacity Expansion:

  • Total cement capacity target: 35 MMTPA by FY28
  • Expansion program progressing as planned

Management Commentary

Mr. Jayakumar Krishnaswamy, Managing Director, commented:

  • Strong start to the year despite macro headwinds from geopolitical tensions
  • Performance reflects resilient execution, cost discipline, and operational efficiencies
  • Limla grinding unit inauguration ahead of schedule demonstrates project execution capabilities
  • Company remains watchful of evolving geopolitical developments
  • Future focus: Prudent procurement, cost optimization, and supply chain efficiency improvements

Additional Information

  • Press release available on company website: www.nuvoco.com
  • Company reported total income of ₹11,362 crore in FY 2025-26
  • Business segments: Cement, Ready-Mix Concrete (RMX), and Modern Building Materials (MBM)
  • Major brands: Concreto, Duraguard, Double Bull, PSC, Nirmax, Infracem, Artiste, InstaMix, X-Con, Ecodure, Zero M
  • Contributor to landmark projects including Mumbai-Ahmedabad Bullet Train, Birsa Munda Hockey Stadium, Aquatic Gallery Science City, and Metro Railway projects