Nuvoco Vistas Reports Strong Q2 FY26 Performance, Expands Capacity Plans

Nuvoco Vistas
Image Courtesy: Nuvoco Vistas

Nuvoco Vistas Corp Ltd, one of India’s leading building materials companies, has announced its financial results for the quarter ending September 30, 2025. The company is continuing its growth trajectory, focused on expanding its capacity and streamlining its operations. Nuvoco is in the process of refurbishing its newly acquired Vadraj Cement Plant, with plans to have it fully operational by Q3 FY27. Additionally, the company is expanding its cement production capacity by 4 MMTPA in the East, with the expansion set to be completed in phases by March 2027. This will take Nuvoco’s total cement production capacity to 35 MMTPA by FY27.

For Q2 FY26, Nuvoco posted impressive year-on-year growth, recording cement sales of 4.3 million metric tons (MMT). Consolidated revenue from operations grew 8% year-on-year, reaching Rs. 2,458 crore. The company also reported its highest-ever second-quarter consolidated EBITDA of Rs. 371 crore. As part of its ongoing deleveraging strategy, Nuvocoreduced its net debt by Rs. 1,009 crore, bringing it down to Rs. 3,492 crore compared to the previous year.

The company continues to prioritize its premium product portfolio, with the share of premium products in trade volume reaching a historic high of 44% in Q2 FY26. This growth reflects the strong market presence of brands like NuvocoConcreto and NuvocoDuraguard, which are becoming increasingly recognized for their superior quality in the construction industry. In terms of sustainability, Nuvoco remains an industry leader with the lowest carbon emissions, registering 453.8 kg of CO2 per ton of cementitious materials, showcasing its commitment to eco-friendly operations.

Jayakumar Krishnaswamy, Managing Director of Nuvoco Vistas, expressed confidence in the company’s continued performance, saying, “Despite challenges such as intense monsoons, GST rate adjustments, and early festive celebrations, we have maintained strong growth. Our focus on premium products and improving our trade mix has been key to this achievement. The successful execution of the Vadraj Cement Plant refurbishment is on track, which will strengthen our market position in the Western region.”

He added, “Our expansion in the East will not only enhance our presence in that region but also serve key markets like Uttar Pradesh, Madhya Pradesh, Andhra Pradesh, Telangana, Maharashtra, and the North-East. The increasing demand for products like composite and slag cement will be met through these expansions. Along with a focus on premiumisation, we are also committed to geo-optimisation and cost efficiency to solidify our competitive edge.”

Nuvoco Vistas Corporation Limited is a leading building materials company in India, with a strong presence in the cement sector, particularly in East India, and expanding operations in North and West India. The company began its operations in 2014 with the establishment of a greenfield cement plant in Nimbol, Rajasthan. It later acquired Lafarge India Limited, Emami Cement Ltd. in 2020, and Vadraj Cement Limited in April 2025. Nuvoco is also expanding its presence in the East with a new grinding mill at its Arasmeta Cement Plant and various debottlenecking projects aimed at enhancing production efficiency.

With a cement capacity target of 35 MMTPA by FY27, Nuvoco is set to become India’s fifth-largest cement producer by capacity. In FY 2024-25, the company reported a revenue of ₹10,357 crore, underscoring its strong growth trajectory.

Nuvoco’s product portfolio spans three key segments: Cement, Ready-Mix Concrete (RMX), and Modern Building Materials (MBM). The company’s cement offerings include brands like Concreto, Duraguard, Double Bull, PSC, Nirmax, and Infracem, catering to various construction needs. Its RMX segment offers performance and decorative concrete products like Concreto, Artiste, and InstaMix, along with eco-friendly options such as Ecodure. Nuvoco also contributes to several landmark infrastructure projects like the Mumbai-Ahmedabad Bullet Train, Birsa Munda Hockey Stadium in Rourkela, and metro networks in Delhi, Jaipur, Noida, and Mumbai. Through its NABL-accredited Construction Development and Innovation Centre (CDIC), Nuvoco identifies market gaps and develops innovative products to meet evolving customer demands.