Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026 (Q2 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting under SEBI Listing Regulations 30 and 51
Audit Opinion:
Unmodified (Clean) Review Report from Walker Chandiok & Co LLP for both standalone and consolidated results
Key Financial Highlights [₹ in crore]:
Consolidated Results:
Income Statement:
- Revenue from Operations: Q2 FY27: ₹2,789.97 (QoQ: -10.8% from ₹3,128.71; YoY: +13.5% from ₹2,457.57)
- Total Income: Q2 FY27: ₹2,792.80 (QoQ: -10.8%; YoY: +13.5%)
- EBITDA: Not explicitly disclosed
- Net Profit: Q2 FY27: ₹64.79 (QoQ: -59.4% from ₹159.63; YoY: +77.8% from ₹36.43)
- EPS: Q2 FY27: Basic & Diluted ₹1.81 (Q1 FY27: ₹4.47; Q2 FY26: ₹1.02)
- Tax Expense: Q2 FY27: ₹43.21
Half-Year Performance (H1 FY27):
- Revenue from Operations: ₹5,918.68 (YoY: +11.0% from ₹5,330.27)
- Net Profit: ₹224.42 (YoY: +32.3% from ₹169.59)
- EPS: Basic & Diluted ₹6.28 (H1 FY26: ₹4.75)
Balance Sheet (as of September 30, 2026):
- Other Equity: ₹9,207.81 (March 31, 2026: ₹8,985.16)
- Cash and Cash Equivalents: ₹176.43 (March 31, 2026: ₹88.11)
- Total Debt: Borrowings ₹5,204.20 (Non-current: ₹3,236.80 + Current: ₹1,967.40)
- Total Assets: ₹21,399.60 (March 31, 2026: ₹20,299.02)
Standalone Results:
Income Statement:
- Revenue from Operations: Q2 FY27: ₹2,525.11 (QoQ: -6.2% from ₹2,692.38; YoY: +17.8% from ₹2,143.08)
- Net Profit: Q2 FY27: ₹54.99 (QoQ: -44.1% from ₹98.38; YoY: +69.1% from ₹32.53)
- EPS: Q2 FY27: Basic & Diluted ₹1.54 (Q1 FY27: ₹2.75; Q2 FY26: ₹0.91)
Half-Year Performance (H1 FY27):
- Revenue from Operations: ₹5,217.49 (YoY: +14.7% from ₹4,547.29)
- Net Profit: ₹153.37 (YoY: +23.9% from ₹123.73)
- EPS: Basic & Diluted ₹4.29 (H1 FY26: ₹3.46)
Balance Sheet (as of September 30, 2026):
- Other Equity: ₹9,223.98 (March 31, 2026: ₹9,073.91)
- Cash and Cash Equivalents: ₹152.34 (March 31, 2026: ₹74.13)
- Total Debt: Borrowings ₹3,533.52 (Non-current: ₹2,031.04 + Current: ₹1,502.48)
Segment-wise Performance [₹ in crore]:
Consolidated Segment Revenue (Q2 FY27):
- Cement: ₹2,510.07 (85.5% of total)
- Ready Mix Concrete and Others: ₹292.92 (10.5% of total)
- Inter-segment revenue elimination: ₹(13.02)
Consolidated Segment Results (Q2 FY27):
- Cement Segment Profit: ₹173.06 (Margin: 6.9%)
- Ready Mix Concrete and Others: ₹3.99 (Margin: 1.4%)
- Total Segment Profit: ₹177.05
Corporate Actions:
- No dividend declarations, share splits, bonus issues, or buybacks announced
- No capital raising activities announced
Other Significant Information:
Capacity Expansion:
- Vadraj Cement Limited commissioned 2 million metric tonnes per annum (MTPA) cement grinding operations at Limla cement plant, Surat (Gujarat) during the quarter
Corporate Restructuring:
- Algebra Endeavour Private Limited (wholly owned subsidiary) undergoing voluntary liquidation under IBC
- Upon completion, Vadraj Energy (Gujarat) Limited will become direct wholly owned subsidiary
Accounting Policy Change:
- During Q2 FY25, company reassessed useful life of "Trademarks" from acquisition of NU Vista Limited. Amortization being done over revised remaining useful life
Entities in Consolidation:
1. Nuvoco Vistas Corporation Limited (Holding Company)
2. NU Vista Limited (Subsidiary)
3. Vadrai Cement Limited (Subsidiary)
4. Algebra Endeavour Private Limited (Subsidiary)
5. Vadrai Energy (Gujarat) Limited (Step-down subsidiary)
6. Wardha Valley Coal Field Private Limited (Joint Venture)
7. AMPIN Energy Green (C&I) Two Private Limited (Associate)