+
Nuvoco Achieves Record Q1 EBITDA, Expands Cement Capacity
Cement

Nuvoco Achieves Record Q1 EBITDA, Expands Cement Capacity

Nuvoco Vistas Corp. Ltd. posted its highest-ever first-quarter consolidated EBITDA of Rs 5.33 billion for Q1 FY26. Cement volumes reached 5.1 MMT, registering a 6 per cent year-on-year growth. Revenue grew 9 per cent YoY to Rs 2,873 crore, while like-to-like net debt was reduced by Rs 8.84 billion to Rs 34.74 billion.

The company remains the fifth largest cement group in India by capacity, following its acquisition of Vadraj Cement Limited, which is expected to increase capacity to approx. 31 MMT by Q3 FY27. This acquisition bolsters Nuvoco's strategy to expand its presence in Western and Northern India, complementing its stronghold in the East.

Premium products now account for 41% of trade volumes, and the company achieved a 76% trade mix—the highest in the past 13 quarters. Flagship brands like Nuvoco Concreto and Duraguard have contributed to this growth, driven by demand for quality construction solutions.

On the sustainability front, the company reduced carbon emissions to 453.8 kg CO2 per ton of cementitious materials, down from 457 kg in FY24, maintaining its leadership in low-emission manufacturing.

MD Jayakumar Krishnaswamy stated, "The company witnessed healthy volume growth during the quarter. It maintained a sharp focus on premiumisation and trade mix, which contributed to enhanced realizations and led to the highest-ever first-quarter consolidated EBITDA in the company’s history."

Nuvoco began operations in 2014 with a greenfield plant in Nimbol, Rajasthan, and later acquired Lafarge India and Emami Cement. The recent approval from the NCLT for Vadraj's acquisition under IBC has strengthened its growth trajectory.

Nuvoco Vistas Corp. Ltd. posted its highest-ever first-quarter consolidated EBITDA of Rs 5.33 billion for Q1 FY26. Cement volumes reached 5.1 MMT, registering a 6 per cent year-on-year growth. Revenue grew 9 per cent YoY to Rs 2,873 crore, while like-to-like net debt was reduced by Rs 8.84 billion to Rs 34.74 billion.The company remains the fifth largest cement group in India by capacity, following its acquisition of Vadraj Cement Limited, which is expected to increase capacity to approx. 31 MMT by Q3 FY27. This acquisition bolsters Nuvoco's strategy to expand its presence in Western and Northern India, complementing its stronghold in the East.Premium products now account for 41% of trade volumes, and the company achieved a 76% trade mix—the highest in the past 13 quarters. Flagship brands like Nuvoco Concreto and Duraguard have contributed to this growth, driven by demand for quality construction solutions.On the sustainability front, the company reduced carbon emissions to 453.8 kg CO2 per ton of cementitious materials, down from 457 kg in FY24, maintaining its leadership in low-emission manufacturing.MD Jayakumar Krishnaswamy stated, The company witnessed healthy volume growth during the quarter. It maintained a sharp focus on premiumisation and trade mix, which contributed to enhanced realizations and led to the highest-ever first-quarter consolidated EBITDA in the company’s history.Nuvoco began operations in 2014 with a greenfield plant in Nimbol, Rajasthan, and later acquired Lafarge India and Emami Cement. The recent approval from the NCLT for Vadraj's acquisition under IBC has strengthened its growth trajectory.

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code