+
Nuvoco Forecasts Rs 130 bn FY27 Revenue
ECONOMY & POLICY

Nuvoco Forecasts Rs 130 bn FY27 Revenue

Nuvoco Vistas Corp expects FY27 revenue to top Rs 130 billion (bn) as cement volumes gather pace, the company announced. The figure equates to Rs 130 bn after conversion from crore denominated targets and reflects management guidance for the next financial year. The chief executive outlined that prior constraints had limited volume growth but that recovery in demand during June and July had helped performance.

The company expects costs to rise by Rs 100 to 120 per tonne (t) in the ongoing second quarter owing to monsoon related kiln maintenance shutdowns, higher fixed costs, and normal inflation in raw materials and diesel. Management indicated that fuel costs should not increase materially this quarter after securing petroleum coke supplies. The firm reported that pricing discipline had been restored across the industry and that any further input cost escalation would be met with price adjustments to protect margins.

Nuvoco anticipates the domestic cement industry to grow seven to eight per cent in FY27 and has no plans to expand into South India over the next five to seven years because of lower capacity utilisation and weaker returns in that market. The company said priorities include strengthening the premium product portfolio, improving the trade sales mix, and maintaining capacity utilisation at around 80 per cent. Maintaining a disciplined cost structure remains central to its strategy.

Premium products currently account for around 44 per cent of the portfolio and the company aims to lift that share to over 50 per cent during FY27 to enhance margins and profitability. The sales mix presently stands at a 75:25 non trade to trade ratio and integration of the Gujarat business will temporarily increase the non trade share before it is restored over 24 to 36 months. In the first quarter of FY27 consolidated profit after tax rose 19.97 per cent year on year to Rs 1.598 bn, revenue from operations was Rs 31.29 bn and the company reported a quarterly earnings before interest, tax, depreciation, and amortisation (Ebitda) of Rs 5.72 bn.

Nuvoco Vistas Corp expects FY27 revenue to top Rs 130 billion (bn) as cement volumes gather pace, the company announced. The figure equates to Rs 130 bn after conversion from crore denominated targets and reflects management guidance for the next financial year. The chief executive outlined that prior constraints had limited volume growth but that recovery in demand during June and July had helped performance. The company expects costs to rise by Rs 100 to 120 per tonne (t) in the ongoing second quarter owing to monsoon related kiln maintenance shutdowns, higher fixed costs, and normal inflation in raw materials and diesel. Management indicated that fuel costs should not increase materially this quarter after securing petroleum coke supplies. The firm reported that pricing discipline had been restored across the industry and that any further input cost escalation would be met with price adjustments to protect margins. Nuvoco anticipates the domestic cement industry to grow seven to eight per cent in FY27 and has no plans to expand into South India over the next five to seven years because of lower capacity utilisation and weaker returns in that market. The company said priorities include strengthening the premium product portfolio, improving the trade sales mix, and maintaining capacity utilisation at around 80 per cent. Maintaining a disciplined cost structure remains central to its strategy. Premium products currently account for around 44 per cent of the portfolio and the company aims to lift that share to over 50 per cent during FY27 to enhance margins and profitability. The sales mix presently stands at a 75:25 non trade to trade ratio and integration of the Gujarat business will temporarily increase the non trade share before it is restored over 24 to 36 months. In the first quarter of FY27 consolidated profit after tax rose 19.97 per cent year on year to Rs 1.598 bn, revenue from operations was Rs 31.29 bn and the company reported a quarterly earnings before interest, tax, depreciation, and amortisation (Ebitda) of Rs 5.72 bn.

Related Stories

Gold Stories

Next Story
Real Estate

Mumbai Central Emerges as a New Luxury Residential Corridor

Mumbai Central is emerging as a growing premium residential micro-market in South Mumbai, supported by improved connectivity, new redevelopment projects and proximity to major business districts.Residential capital values in the area are currently estimated at around ₹50,000-₹85,000 per sq ft, compared with ₹85,000 to more than ₹1.5 lakh per sq ft in parts of Worli, according to market estimates cited by industry players. The area has also recorded annual appreciation of around 14-18 per cent, although transaction activity and pricing vary across projects and locations.The area's chang..

Next Story
Technology

Bridgestone India Opens New Select Store in Pune

Bridgestone India has opened a new Bridgestone Select Store at Hinjewadi Phata in Pune, strengthening its retail presence in the city and Maharashtra.The new outlet, Deepraj Tyres, is located at Hinjewadi Phata/Wakad Bridge. Designed as a one-stop destination for passenger vehicle owners, the store offers tyres, expert guidance and wheel care services supported by modern equipment.“Pune is an important market for Bridgestone. The opening of this Select Store in the city reflects our commitment to offering customers easy access to premium products and trusted services. Our focus is on buildin..

Next Story
Infrastructure Transport

VECV, Rosmerta Partner for Authorised Vehicle Scrapping in NCR

VE Commercial Vehicles (VECV) and Rosmerta Auto Recycling Pvt Ltd (RARPL) have entered into a strategic partnership to facilitate the authorised scrapping and recycling of end-of-life (ELV) commercial vehicles across the National Capital Region (NCR).The collaboration will provide Eicher Trucks and Buses dealers and customers with access to a structured, transparent and compliant vehicle scrapping process. It aims to help commercial vehicle owners retire ageing trucks and buses through authorised channels while supporting fleet renewal and responsible resource recovery.The partnership comes as..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code