Nuvoco Vistas Corporation Ltd

AI

Nuvoco Vistas Corporation Ltd

₹ 331 -2.10%
23 Oct - close price
About

Nuvoco Vista Corporation Ltd (NVCL), is one of the largest cement companies and concrete manufacturers in India with a consolidated capacity of 25 MMTPA. It offers a diversified range of products such as cement, Ready-mix Concrete (RMX), and modern building materials i.e. adhesives, wall putty, dry plaster, cover blocks, and more.[1]

Key Points

Part of Nirma Group
NVCL is a part of The Nirma Group, which is a diversified conglomerate that manufactures products ranging from chemicals to detergents, soaps, healthcare products, and real estate development. The Nirma Group forayed into the cement business in 2014 through a greenfield cement plant in Nimbol. [1]

  • Market Cap ₹ 11,808 Cr.
  • Current Price ₹ 331
  • High / Low ₹ 430 / 276
  • Stock P/E 39.2
  • Book Value ₹ 268
  • Dividend Yield 0.00 %
  • ROCE 6.32 %
  • ROE 2.85 %
  • Face Value ₹ 10.0

Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 11.0% over past five years.
  • Company has a low return on equity of 1.64% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
2,185 1,996 2,493 2,202 1,971 2,017 2,534 2,404 2,143 2,378 2,836 2,692 2,525
1,950 1,725 2,148 1,929 1,805 1,836 2,153 2,053 1,863 2,056 2,442 2,304 2,199
Operating Profit 236 271 345 273 166 181 381 352 280 322 394 388 326
OPM % 11% 14% 14% 12% 8% 9% 15% 15% 13% 14% 14% 14% 13%
28 34 28 4 8 2 3 23 38 24 1 24 30
Interest 97 91 88 92 95 89 80 90 107 106 96 91 94
Depreciation 151 161 155 152 156 155 158 150 165 163 164 165 172
Profit before tax 16 53 130 33 -77 -61 146 134 46 77 134 156 90
Tax % -96% 42% 35% 35% -31% -27% 21% 32% 30% 27% 40% 37% 39%
32 30 84 22 -53 -44 116 91 33 56 80 98 55
EPS in Rs 0.90 0.85 2.37 0.61 -1.47 -1.24 3.23 2.55 0.91 1.57 2.24 2.75 1.54
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
3,379 5,177 5,157 6,297 7,053 6,793 5,805 7,342 8,582 8,939 8,725 9,762 10,432
2,569 4,528 4,429 5,336 6,176 5,516 4,685 6,304 7,762 7,840 7,723 8,414 9,002
Operating Profit 810 649 728 962 877 1,277 1,120 1,039 820 1,100 1,002 1,348 1,429
OPM % 24% 13% 14% 15% 12% 19% 19% 14% 10% 12% 11% 14% 14%
112 148 11 81 80 57 83 115 -140 120 16 86 79
Interest 89 144 231 425 452 419 517 401 353 368 355 399 387
Depreciation 176 366 313 392 485 528 587 652 696 644 621 643 665
Profit before tax 656 287 196 226 19 387 99 101 -370 208 42 392 457
Tax % 33% -74% 16% 30% 223% 36% 77% 45% -124% 26% 4% 34%
438 499 166 158 -24 249 23 55 90 153 40 260 290
EPS in Rs 9.60 10.94 3.63 10.54 -1.19 10.28 0.72 1.54 2.52 4.28 1.13 7.28 8.10
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 11%
3 Years: 4%
TTM: 15%
Compounded Profit Growth
10 Years: %
5 Years: 66%
3 Years: -7%
TTM: 54%
Stock Price CAGR
10 Years: %
5 Years: -8%
3 Years: -2%
1 Year: -20%
Return on Equity
10 Years: 2%
5 Years: 2%
3 Years: 2%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Sep 2026
Equity Capital 456 456 150 150 200 242 315 357 357 357 357 357 357
Reserves 4,032 3,522 3,799 3,967 4,794 5,037 7,057 8,536 8,627 8,778 8,816 9,074 9,224
698 300 4,314 4,373 4,626 3,593 5,680 3,728 3,359 3,129 2,793 3,892 3,841
1,697 2,152 3,022 3,133 3,590 4,572 3,721 4,014 4,078 4,187 4,046 4,036 4,146
Total Liabilities 6,883 6,431 11,285 11,624 13,210 13,444 16,773 16,635 16,421 16,451 16,012 17,359 17,567
3,089 4,159 8,916 8,690 9,843 9,868 9,786 10,345 10,061 10,155 9,970 9,726 9,547
CWIP 712 247 143 144 605 647 961 144 305 219 101 92 149
Investments 1,683 0 412 844 456 0 2,581 2,457 2,271 3,501 3,501 4,312 4,312
1,399 2,026 1,814 1,946 2,306 2,929 3,445 3,689 3,783 2,577 2,441 3,230 3,560
Total Assets 6,883 6,431 11,285 11,624 13,210 13,444 16,773 16,635 16,421 16,451 16,012 17,359 17,567

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
922 951 1,028 1,386 835 1,023 1,048 1,100 1,041
-513 -602 -313 -3,799 -209 -135 -410 -255 -1,595
-503 -383 -559 2,575 -981 -774 -733 -768 471
Net Cash Flow -94 -34 156 162 -355 115 -95 77 -83
Free Cash Flow 2,751 343 459 870 470 670 632 837 891
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit 135% 108% 88% 127% 86% 128% 98% 109% 79%

Ratios

Standalone / View Consolidated

Mar 2014 Mar 2015 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 26 32 31 24 26 27 24 23 26 28 29 30
Inventory Days 443 144 114 124 148 170 172 160 106 87 71 70
Days Payable 501 199 234 196 193 222 228 181 168 161 170 162
Cash Conversion Cycle -32 -23 -88 -48 -20 -24 -32 2 -36 -45 -70 -62
Working Capital Days -6 -17 -40 -110 -102 -115 -166 -78 -87 -80 -91 -81
ROCE % 9% 7% 5% 8% 6% 4% 2% 5% 3% 6%

Insights

In beta
Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
RMX (Ready-Mix Concrete) Plants
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Cement-to-Clinker (C/K) Ratio
x
Capacity Utilization
%
Cement Installed Capacity
MMTPA
Trade Mix (Share of Trade Volumes)
%
Cement Sales Volume
MMT
Premiumization (Share of Premium Products in Trade Volumes)
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
71.78% 72.02% 72.02% 72.02% 72.02% 72.02% 72.02% 72.02% 72.02% 72.02% 72.02% 72.02%
3.05% 3.43% 3.50% 3.24% 3.37% 3.55% 3.82% 5.19% 5.00% 4.88% 4.71% 4.63%
19.97% 18.59% 18.46% 18.86% 19.26% 19.37% 19.10% 18.09% 18.09% 18.35% 18.00% 17.65%
5.19% 5.95% 6.03% 5.88% 5.34% 5.06% 5.06% 4.69% 4.90% 4.75% 5.27% 5.70%
No. of Shareholders 2,30,8642,26,8042,19,9342,13,5952,03,2171,97,0951,92,4061,82,7251,82,1231,78,1591,79,0301,82,637

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Annual reports

Concalls