+
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.

Next Story
Infrastructure Urban

Continental Expands Assistive ‘OnBoard’ Tech to 100+ BMTC Buses

Continental India, in partnership with the Indian Institute of Technology Delhi, Raised Lines Foundation, and Bangalore Metropolitan Transport Corporation (BMTC), has expanded its smart assistive mobility solution ‘OnBoard’ across more than 100 BMTC buses in Bengaluru. Initially piloted on 25 buses, the solution is now set to be installed in 500 buses by year-end.The expansion was officially announced at the BMTC Central Office during a press conference attended by Shri Ramalinga Reddy, Hon’ble Transport Minister of Karnataka.‘OnBoard’ is a bus-mounted assistive technology designed t..

Next Story
Infrastructure Energy

Himadri PAT Rises 48% in Q1 Amid Global Battery Push

Himadri Speciality Chemical Ltd reported its highest-ever quarterly EBITDA of Rs 234 crore and PAT of Rs 183 crore for Q1 FY26, with profitability up 48% YoY. Revenue stood at Rs 1,100 crore.CMD Anurag Choudhary attributed the gains to operational efficiencies, improved yields, and focus on high-value battery materials. Himadri also revived Birla Tyres with a new brand identity and plans a multi-platform marketing campaign.The firm signed a licensing deal with Australia’s Sicona for SiCx® anode tech, enabling localisation and commercialisation in India. Himadri also invested USD 4.43 millio..

Next Story
Infrastructure Urban

Covestro Develops Fire-Safe Foam for EV Battery Safety

Covestro has introduced Baysafe® BEF, a new flame-retardant polyurethane foam designed to enhance battery safety in EVs and energy storage systems. The foam minimises thermal propagation between cells, reducing fire risk.The launch aligns with China’s GB 38031-2025 battery regulation, effective from July 2026, which sets stringent safety standards. "This innovation represents a significant step toward enabling sustainable mobility through enhanced safety," said Akhil Singhania, Global Head of PU Specialties at Covestro.The foam's lightweight structure and fire resistance meet the needs of g..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?