Key Financial Figures - Consolidated (₹ in crores)
Income Statement Highlights:
- Revenue from operations: ₹3,128.71 (Q1 FY27) vs ₹2,872.70 (Q1 FY26) - 8.9% increase
- Total Income: ₹3,132.32 (Q1 FY27) vs ₹2,887.50 (Q1 FY26)
- Profit before tax: ₹276.02 (Q1 FY27) vs ₹201.60 (Q1 FY26) - 36.9% increase
- Profit after tax: ₹159.63 (Q1 FY27) vs ₹133.16 (Q1 FY26) - 19.9% increase
- Total Comprehensive Income: ₹157.98 (Q1 FY27) vs ₹132.84 (Q1 FY26)
Expense Breakdown:
- Cost of materials consumed: ₹463.88
- Power and fuel: ₹559.61
- Freight and forwarding charges: ₹838.29
- Employee benefits expense: ₹197.05
- Finance costs: ₹70.28
- Depreciation and amortization: ₹225.55
Segment Performance:
- Cement segment revenue: ₹2,861.84 crore with segment result of ₹347.37 crore
- Ready Mix Concrete and Others revenue: ₹279.70 crore with segment loss of ₹(4.68) crore
Key Ratios (Consolidated):
- Earnings per share (Basic): ₹4.47
- Debt/Equity ratio: 0.45 times
- Operating margin: 18.63%
- Net Profit margin: 5.23%
- Current ratio: 0.54 times
Key Financial Figures - Standalone (₹ in crores)
- Revenue from operations: ₹2,692.38
- Profit after tax: ₹98.38
- Earnings per share (Basic): ₹2.75
- Net Profit margin: 3.75%
Meeting Details
- Board meeting held on July 13, 2026
- Commenced at 6:45 p.m. and concluded at 7:45 p.m.
- Results reviewed by Audit Committee and approved by Board of Directors
Legal and Contingent Matters
Competition Commission of India (CCI) Case:
- August 2016: CCI levied penalty of ₹490.00 crores on alleged violation of Competition Act, 2002
- Appeal filed before Supreme Court, pending with interim order to pre-deposit 10% of penalty amount
- Company indemnified by erstwhile promoter group under Share Purchase Agreement
- No provision made based on legal opinion and reimbursable rights
West Bengal Incentive Schemes:
- Holding Company had ₹427.14 crore outstanding claim under West Bengal Incentive Scheme 2004
- Subsidiary Nu Vista Limited had ₹300.44 crore outstanding claim under WBSSIS, 2013
- West Bengal Government enacted Revocation Act on April 2, 2025, retrospectively withdrawing all incentive schemes
- Company filed writ petitions challenging constitutional validity of Revocation Act
- Provision for expected credit loss: ₹256.84 crore (Holding Co) and ₹197.09 crore (Subsidiary)
- Additional provision of ₹18.62 crore recognized in Q4 FY26 as exceptional item
Subsidiaries and Associates
Consolidated results include:
1. Nu Vista Limited (Subsidiary)
2. Vadraj Cement Limited (Subsidiary)
3. Algebra Endeavour Private Limited (Subsidiary)
4. Vadraj Energy (Gujarat) Limited (Step-down Subsidiary)
5. Wardha Valley Coal Field Private Limited (Joint Venture)
6. AMPIN Energy Green (C & I) Two Private Limited (Associate)
Capital Structure
- Paid-up equity share capital: ₹357.16 crore (Face value ₹10 each)
- Other equity: ₹9,871.61 crore (consolidated)
- Securities premium: ₹5,588.71 crore (consolidated)
Debt and Financing
- Non-convertible debentures issued in Q2 FY25, fully utilized in Q3 FY25
- No NCD issued during current quarter
Auditor's Review
- Limited review conducted by MS KA & Associates LLP
- Review performed in accordance with SRE 2410
- No material misstatements identified
- Reliance on other auditors for joint venture and associate companies
#Tags: #NuvocoVistas #Q1Results #SEBIDisclosure #CementSector #RegulatoryCompliance #FinancialUpdate #Neutral