Nuvoco Posts Rs 2.87 Billion Q1 Revenue, EBITDA Hits Record

Nuvoco Vistas Corp. Ltd., a leading building materials company in India, has announced its financial results for the quarter ending 30 June 2025. With a combined installed capacity of 25 million metric tonnes per annum (MMTPA), the company remains on track to reach approximately 31 MMTPA by Q3 FY27, following the acquisition of Vadraj Cement Limited (VCL). This acquisition helps Nuvoco retain its position as the fifth-largest cement group in India and aligns with its strategy to expand its footprint in the Western and Northern regions.
In Q1 FY26, the company recorded consolidated cement sales of 5.1 million metric tonnes. Revenue from operations rose by 9 per cent year-on-year to Rs 28.73 billion. Nuvoco also reported its highest-ever consolidated EBITDA for the first quarter, standing at Rs 5.33 billion. As part of its deleveraging strategy, the company reduced like-for-like net debt by Rs 8.84 billion year-on-year, bringing it down to Rs 34.74 billion.
Premium products remain a strategic focus, contributing 41 per cent to the company’s trade volume in Q1 FY26. Nuvoco also achieved a trade mix of 76 per cent—its best performance in the past 13 quarters. The ongoing success of the Nuvoco Concreto and Nuvoco Duraguard lines underscores their growing reputation for quality and reliability in construction.
On the sustainability front, Nuvoco continues to lead the sector with the lowest carbon emissions, reducing its emission rate further to 453.8 kg CO2 per tonne of cementitious material, down from 457 kg in FY24.
Commenting on the quarterly performance, Managing Director Mr Jayakumar Krishnaswamy stated that healthy volume growth, focus on premiumisation, and a strong trade mix drove the record EBITDA. He affirmed the company’s commitment to market expansion, with the Kutch and Surat plants set to become operational by Q3 FY27. In parallel, Nuvoco will continue its focus on premiumisation, geo-optimisation, and cost efficiency to maintain its competitive advantage.

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