NSEPress Release22 Oct 2026 · 22 Oct 2026, 06:58 pm
Press Release
Nuvoco Vistas Corporation Limited · NUVOCO
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Nuvoco Vistas Corporation Limited has announced its financial results for Q2 FY27, with a consolidated revenue growth of 13.5% YoY to Rs. 2790 Cr. and EBITDA growth of 11% YoY to Rs. 411 Cr.
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Nuvoco Vistas Corporation Limited has informed the Exchange regarding a press release dated October 22, 2026, titled "Nuvoco Vistas announces its financial results for Q2 FY27".
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Ref. No.: Sec/115/2026-27
October 22, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Dalal Exchange Plaza, C – 1, Block G, Bandra Kurla
Street, Fort, Mumbai – 400 001 Complex, Bandra East, Mumbai – 400 051
Scrip Code: 543334 Trading Symbol: NUVOCO
Scrip ID: NUVOCO Scrip Code: NVCL 28, NVCL 77A
Dear Sir/Madam,
Sub: Press Release – Unaudited Standalone and Consolidated Financial Results of
the Company for the quarter and half year ended September 30, 2026
In furtherance to our letter no. Sec/114/2026-27 dated October 22, 2026 and pursuant to
Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, please find enclosed the Press Release on the Unaudited Standalone
and Consolidated Financial Results of the Company for the quarter and half year ended
September 30, 2026.
The Press Release is also being made available on the Company’s website at
www.nuvoco.com.
We request you to take the above on record.
Thanking you,
Yours faithfully,
For Nuvoco Vistas Corporation Limited
Shruta Sanghavi
SVP and Company Secretary
Encl: a/a
Press Release
Nuvoco Vistas announces its financial results for Q2 FY27
▪ Achieved a consolidated volume of 4.7 MMT, registering a revenue growth of 13.5% YoY
▪ EBITDA increased by 11% YoY to reach Rs. 411 Cr.
▪ Profit After Tax increased by 78% YoY to Rs. 65 Cr.
▪ Commissioned 2 MMTPA of grinding capacity at Limla Cement Plant, Surat; strengthening its
footprint in Western India
Mumbai, October 22, 2026: Nuvoco Vistas Corp. Ltd., a leading building materials Company in India, announced
its financial results for the year ended September 30, 2026.
Nuvoco completed ten years in the cement business this year. What began in 2014 with a single manufacturing
operation at Nimbol with 2.3 MMTPA cement capacity has grown into a diversified building-materials company
spanning Cement, Ready-Mix Concrete, and Modern Building Materials. We have sustained our growth journey
across market cycles and are now well positioned to reach 35 MMTPA of cement capacity by FY28, nearly 15x
growth over the past decade.
The Company achieved cement sales volume of 4.7 MMT in Q2 FY27, registering a 9% YoY growth. Consolidated
Revenue grew 13.5% YoY to Rs. 2790 Cr. in Q2 FY27. The Company also reported a growth of 11% YoY in EBITDA
to Rs 411 Cr. in Q2 FY27.
On the sustainability and cost-efficiency front, the Company partnered with CleanMax for a 46.4 MW wind–solar
hybrid renewable energy project in Rajasthan. Once operational, the project is expected to generate approximately
100 million units of renewable electricity annually and deliver long-term cost certainty by reducing dependence on
conventional power sources, thereby strengthening the Company’s energy mix and improving long-term cost
efficiency across Rajasthan operations.
Commenting on the performance of the Company, Mr. Jayakumar Krishnaswamy, Managing Director,
Nuvoco Vistas Corp. Ltd., stated, “Q2 FY27 was a testament to resilient execution in a challenging operating
environment. Despite intense and erratic rainfall in our key markets, global and regional logistics & supply chain
disruptions, and elevated input costs stemming from ongoing geopolitical uncertainty, the Company delivered
strong YoY growth in Revenue, EBITDA, and PAT. Our performance reflects the strength of our strategic levers of
premiumisation and geographical mix optimisation, which helped realisations amid muted cement prices.”
Furthermore, he added, “During the quarter, the Company achieved a significant growth milestone with the
successful commissioning of the 2 MMTPA Grinding Unit at Limla, Surat, underscoring our strong project execution
capabilities. This achievement reinforces our confidence in delivering the remaining modules of the Vadraj Cement
Project at Kutch and Sachana within the planned timelines. Looking ahead, while we remain mindful of evolving
macroeconomic and geopolitical dynamics, we remain focused on operational excellence, accelerating
premiumisation, optimising supply chain efficiencies, and executing our growth projects as planned.”
About Nuvoco Vistas
Nuvoco Vistas Corporation Limited (“Nuvoco”) is a building materials company with a vision to build a safer, smarter,
and sustainable world. It is among the leading players in East India, with a strong presence in North and West India.
Nuvoco started operations in 2014 with a greenfield cement plant in Nimbol, Rajasthan, and subsequently acquired
Lafarge India Limited, which entered India in 1999, Emami Cement Ltd. in 2020, and Vadraj Cement Limited in April
2025. Alongside these initiatives, the Company's capacity expansion programme is progressing as planned and will
increase Nuvoco's total cement capacity to 35 MMTPA by FY2028. The Company reported total income of ₹ 11,362
crore in FY 2025-26, underscoring its strong and sustainable growth trajectory.
Nuvoco offers a diversified business portfolio across three segments: Cement, Ready-Mix Concrete (RMX), and Modern
Building Materials (MBM). Nuvoco’s Cement portfolio includes Concreto, Duraguard, Double Bull, PSC, Nirmax and
Infracem, offering a complete spectrum of Ordinary Portland Cement (OPC), Portland Slag Cement (PSC), Portland
Pozzolana Cement (PPC) and Portland Composite Cement (PCC). Nuvoco’s RMX business has a pan-India presence
and offers value-added products under the Concreto (Performance concrete), Artiste (Decorative concrete), InstaMix
(ready-to-use bagged concrete - the first-of-its-kind in the industry), X-Con (M20 to M60) and Ecodure (Special green
concrete) brands. It is also a proud contributor to landmark projects such as the Mumbai-Ahmedabad Bullet Train; Birsa
Munda Hockey Stadium (Rourkela); Aquatic Gallery Science City (Ahmedabad); and Metro Railway (Delhi, Jaipur, Noida
and Mumbai), among many others. Nuvoco’s MBM portfolio, under the ‘Zero M’ brands, comprises construction
chemicals, tile adhesives, wall putty and cover blocks. Through the NABL-accredited Construction Development and
Innovation Centre (CDIC) based in Mumbai, Nuvoco identifies market gaps and offers innovative products to meet
customer requirements.
Know more about the Company at www.nuvoco.com
For more information, contact the Company at India.communications@nuvoco.com