Financial Performance Summary

Q2 FY27 Consolidated Results:

  • Revenue: ₹2,790 crore, up 13.5% YoY
  • EBITDA: ₹411 crore, up 11% YoY
  • Profit After Tax: ₹65 crore, up 78% YoY
  • Cement Sales Volume: 4.7 MMT, up 9% YoY

Operational Highlights

Capacity Expansion:

  • Commissioned 2 MMTPA grinding capacity at Limla Cement Plant, Surat
  • Strengthening footprint in Western India
  • Total cement capacity target: 35 MMTPA by FY28 (15x growth over past decade)

Sustainability Initiative:

  • Partnered with CleanMax for 46.4 MW wind-solar hybrid renewable energy project in Rajasthan
  • Expected to generate approximately 100 million units of renewable electricity annually
  • Aims to deliver long-term cost certainty by reducing dependence on conventional power sources
  • Expected to strengthen energy mix and improve long-term cost efficiency across Rajasthan operations

Management Commentary

Mr. Jayakumar Krishnaswamy, Managing Director, commented on the performance:

  • Q2 FY27 demonstrated resilient execution in challenging operating environment
  • Challenges included intense and erratic rainfall in key markets, global and regional logistics & supply chain disruptions, and elevated input costs from ongoing geopolitical uncertainty
  • Performance reflects strength of strategic levers: premiumisation and geographical mix optimisation
  • These strategies helped maintain realizations amid muted cement prices

Growth Project Execution:

  • Expressed confidence in delivering remaining modules of Vadraj Cement Project at Kutch and Sachana within planned timelines
  • Company remains focused on operational excellence, accelerating premiumisation, optimising supply chain efficiencies, and executing growth projects as planned
  • Mindful of evolving macroeconomic and geopolitical dynamics

Company Background

Nuvoco Vistas Corporation Limited is a building materials company with vision to build safer, smarter, and sustainable world. Key milestones:

  • Started operations in 2014 with greenfield cement plant in Nimbol, Rajasthan (2.3 MMTPA capacity)
  • Acquired Lafarge India Limited (entered India in 1999)
  • Acquired Emami Cement Ltd. in 2020
  • Acquired Vadraj Cement Limited in April 2025
  • Reported total income of ₹11,362 crore in FY 2025-26

Business Portfolio:

  • Cement: Concreto, Duraguard, Double Bull, PSC, Nirmax, Infracem (OPC, PSC, PPC, PCC)
  • Ready-Mix Concrete: Concreto, Artiste, InstaMix, X-Con, Ecodure (pan-India presence)
  • Modern Building Materials: Construction chemicals, tile adhesives, wall putty, cover blocks under 'Zero M' brands

Notable Projects: Mumbai-Ahmedabad Bullet Train; Birsa Munda Hockey Stadium (Rourkela); Aquatic Gallery Science City (Ahmedabad); Metro Railway (Delhi, Jaipur, Noida, Mumbai)