Nuvoco Posts FY26 Volume And Profit Growth

Nuvoco Vistas Corporation reported FY26 results with consolidated cement sales of 20.4 million tonnes (mn t), a five per cent increase. Consolidated total income rose 10 per cent to Rs. 113,620 million (mn) and EBITDA reached Rs. 18,810 million (mn), up 35 per cent. Profit after tax rose to Rs. 3,600 million (mn) from Rs. 220 million (mn). Premium products accounted for 43 per cent of sales.

Project execution at the Vadraj cement facilities is underway, with clinker and grinding units to be commissioned in phases from Q3 FY27. An expansion of four million tonnes per annum in the East, to be completed by FY28, will help reach a total capacity target of 35 million tonnes per annum (mn t pa). Debottlenecking, equipment upgrades and process improvements are in progress to support these additions. The measures are expected to strengthen presence in western and northern markets.

The board approved a bulk cement terminal at Viramgam, Sachana in Gujarat with handling capacity of one point five million tonnes per annum (mn t pa) and a dedicated railway siding, with commissioning targeted by FY28. The terminal is expected to improve unloading, storage and dispatch of loose and packed cement and to serve as a strategic distribution hub across Gujarat. Premium brand momentum was attributed to Concreto and Duraguard franchises while modern building materials and ready-mix concrete continued to gain traction.

The ready-mix concrete division launched Concreto Tri Shield, a specialised solution offering three-layer durability and an estimated 50 per cent increase in structural lifespan, and introduced the Artiste Elite Collection with four application-ready decorative finishes. The modern building materials business reported growth across construction chemicals, tile adhesives and block jointing mortars. Management noted measures including price adjustments, prudent procurement and improved supply-chain efficiency to mitigate higher fuel and packing costs, and said near-term margin pressures may persist for one to two quarters. The company remains focused on execution of its growth agenda.

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