Nuvoco Vistas Corporation Limited, a key player in India’s building materials sector, has released its financial results for the quarter ended June 30, 2025. With an installed capacity of 25 million metric tonnes per annum (MMTPA), the company is set to increase this to approximately 31 MMTPA by the third quarter of FY27, following the acquisition of Vadraj Cement Limited. This move solidifies Nuvoco’s position as the fifth-largest cement group in India and supports its long-term growth plans.
During the quarter, Nuvoco recorded consolidated cement sales of 5.1 million tonnes. Revenue from operations rose 9% year-on-year to ₹2,873 crore, while consolidated EBITDA reached an all-time high for a first quarter at ₹533 crore. Staying committed to financial discipline, the company brought down its net debt (on a comparable basis) by ₹884 crore year-on-year to ₹3,474 crore.
Premium products remained central to the company’s growth strategy, contributing 41% to trade volume. Nuvoco also achieved a 76% trade mix—its highest in 13 quarters—indicating strong demand for its flagship products, Nuvoco Concreto and Duraguard, across key markets. Sustainability remains a priority for Nuvoco. The company further reduced its carbon footprint, bringing emissions down to 453.8 kg of CO₂ per ton of cementitious material, compared to 457 kg in FY24—continuing its industry leadership in environmental performance.
Commenting on the results, Managing Director Jayakumar Krishnaswamy said, “We delivered solid volume growth in Q1, driven by a focused approach on premiumisation and market expansion. The successful integration of Vadraj Cement sets the stage for our next phase of growth, especially in Western India. We are working towards making the Kutch and Surat plants operational by Q3 FY27, and will continue to pursue efficiency, product innovation, and geographic diversification.”
Nuvoco Vistas Corporation Limited is a diversified building materials company with a strong footprint in East, North, and West India. It began operations in 2014 with a greenfield cement plant in Nimbol, Rajasthan. Since then, it has acquired Lafarge India (originally entered India in 1999) and Emami Cement in 2020. Most recently, it received approval from the National Company Law Tribunal (NCLT), Mumbai, in April 2025 to acquire Vadraj Cement under the IBC process.
Nuvoco operates across three business segments—Cement, Ready-Mix Concrete (RMX), and Modern Building Materials (MBM). Its cement brands include Concreto, Duraguard, Double Bull, PSC, Nirmax, and Infracem, offering a wide range of OPC, PPC, PSC, and PCC products. Its RMX division is present across India and delivers solutions under brands like Artiste, InstaMix, X-Con, and Ecodure. The company’s solutions have been used in major infrastructure projects such as the Mumbai-Ahmedabad Bullet Train, Birsa Munda Hockey Stadium, and metro networks in multiple cities.
Under the ‘Zero M’ range, the company also markets construction chemicals, tile adhesives, wall putty, and cover blocks. Product innovation is driven through its NABL-accredited Construction Development and Innovation Centre (CDIC) in Mumbai, helping bridge gaps in the market with tailored building solutions.
