Nuvoco Vistas Corporation Ltd
Nuvoco Vista Corporation Ltd (NVCL), is one of the largest cement companies and concrete manufacturers in India with a consolidated capacity of 22.32 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]
- Market Cap ₹ 13,338 Cr.
- Current Price ₹ 373
- High / Low ₹ 419 / 288
- Stock P/E 32.2
- Book Value ₹ 247
- Dividend Yield 0.00 %
- ROCE 1.93 %
- ROE 4.73 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 1.88% 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.
Peer comparison
Sector: Cement Industry: Cement - North India
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|
7,052 | 6,793 | 7,489 | 9,318 | 10,586 | 10,739 | |
6,134 | 5,493 | 6,028 | 7,814 | 9,375 | 9,506 | |
Operating Profit | 918 | 1,301 | 1,460 | 1,504 | 1,211 | 1,233 |
OPM % | 13% | 19% | 20% | 16% | 11% | 11% |
54 | 33 | 34 | 35 | -393 | -388 | |
Interest | 457 | 419 | 664 | 570 | 512 | 530 |
Depreciation | 498 | 528 | 794 | 918 | 951 | 962 |
Profit before tax | 17 | 387 | 36 | 51 | -645 | -646 |
Tax % | 260% | 36% | 171% | 37% | 102% | |
-26 | 249 | -26 | 32 | 16 | 10 | |
EPS in Rs | -1.32 | 10.28 | -0.82 | 0.90 | 0.44 | 0.27 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 16% |
TTM: | 10% |
Compounded Profit Growth | |
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10 Years: | % |
5 Years: | % |
3 Years: | 21% |
TTM: | 772% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -6% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 2% |
Last Year: | 5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
200 | 242 | 315 | 357 | 357 | |
Reserves | 4,788 | 5,037 | 7,009 | 8,464 | 8,482 |
4,683 | 4,513 | 7,792 | 5,575 | 4,785 | |
3,590 | 3,652 | 4,792 | 5,218 | 5,364 | |
Total Liabilities | 13,262 | 13,444 | 19,907 | 19,615 | 18,988 |
9,895 | 9,970 | 15,042 | 15,409 | 14,962 | |
CWIP | 605 | 647 | 1,240 | 399 | 596 |
Investments | 456 | 0 | 384 | 186 | 0 |
2,306 | 2,827 | 3,241 | 3,621 | 3,430 | |
Total Assets | 13,262 | 13,444 | 19,907 | 19,615 | 18,988 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
860 | 1,025 | 1,717 | 1,221 | 1,711 | |
-149 | -310 | -2,898 | -190 | -260 | |
-647 | -559 | 1,420 | -1,420 | -1,362 | |
Net Cash Flow | 65 | 156 | 239 | -390 | 89 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
Debtor Days | 26 | 27 | 22 | 22 | 21 |
Inventory Days | 148 | 179 | 215 | 283 | 215 |
Days Payable | 193 | 233 | 263 | 316 | 348 |
Cash Conversion Cycle | -20 | -27 | -26 | -11 | -113 |
Working Capital Days | -102 | -79 | -57 | -37 | -54 |
ROCE % | 8% | 6% | 4% | 2% |
Documents
Announcements
- Redemption Of Ncds 25 Sep
- Board Meeting Intimation for Considering And Approving Inter Alia The Unaudited Standalone And Consolidated Financial Results Of The Company (With Limited Review Reports) For The Quarter And Half Year Ended September 30 2023 25 Sep
- Closure of Trading Window 25 Sep
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 22 Sep
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
22 Sep - Details of the Meeting with Investor/Analyst which will be attended by the representatives of the Company. The schedule and mode of Meeting may undergo a …
Annual reports
Concalls
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Aug 2023Transcript PPT
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Nov 2022Transcript PPT
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Feb 2022TranscriptPPT
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Feb 2022Transcript PPT
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Nov 2021Transcript PPT
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Sep 2021Transcript PPT
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. It has successfully been able to grow the cement business through a series of acquisitions including the acquisition of the Indian cement business of Lafarge Holcim in 2016 and in 2020 by acquiring NU Vista from the Emami Group. [1]