Nuvoco Vistas Q1 FY26 Net Profit at ₹133.16 Crore; Revenue Up 9% YoY
By Shishta Dutta | Published at: Jul 18, 2025 11:55 AM IST
Mumbai, July 18, 2025 – Nuvoco Vistas Corporation Ltd (NSE: NUVOCO, BSE: 543334) reported strong financial results for Q1 FY26 for the quarter ended on June 30, 2025. The performance was mainly driven by solid growth in the cement segment.
The company posted a consolidated net profit of ₹133.16 crore. In the same quarter last year, the profit was ₹2.84 crore. This marks a significant turnaround in the company’s earnings.
Key Consolidated Financial Highlights (₹ in crore)
| Particulars | Q1 FY26 | Q4 FY25 | Q1 FY25 | YoY % Change | QoQ % Change |
|---|---|---|---|---|---|
| Revenue from Operations | 2,872.70 | 3,042.25 | 2,636.48 | +8.96% | -5.57% |
| Profit Before Tax | 201.60 | 223.77 | 5.09 | – | -9.89% |
| Net Profit | 133.16 | 165.54 | 2.84 | – | -19.56% |
| EPS (₹) | 3.73 | 4.63 | 0.08 | – | -19.44% |
Segment Performance
| Segment | Revenue (₹ Cr) | YoY Growth | Segment Result (₹ Cr) | YoY Growth |
|---|---|---|---|---|
| Cement | 2,630.35 | +9.43% | 311.08 | +143.87% |
| Ready Mix Concrete & Others | 254.45 | -0.64% | (7.15) | Loss vs ₹(0.43) Cr YoY |
The Cement business led growth with a 9.43% increase in revenue and a 143.87% jump in segment profits. However, the Ready Mix Concrete and Others segment posted a loss of ₹7.15 crore.
Strategic Updates
- The company completed the acquisition of Vadraj Cement Limited (VCL) through its subsidiary Vanya Corporation. The ₹1,800 crore acquisition was concluded on June 21, 2025, and Vanya merged into VCL on June 27, 2025.
- The acquisition was accounted for on a provisional basis, and purchase price allocation is in progress under Ind AS 103.
Key Ratios (Consolidated)
| Metric | Q1 FY26 | Q1 FY25 |
|---|---|---|
| Debt-to-Equity Ratio | 0.59 | 0.49 |
| Interest Coverage Ratio | 4.66 | 4.53 |
| Net Profit Margin (%) | 4.71% | 0.11% |
| Operating Margin (%) | 18.35% | 13.25% |
Management Commentary
Jayakumar Krishnaswamy, Managing Director, stated: “Our performance in Q1 FY26 reflects improved operational efficiencies and the benefit of market expansion post the VCL acquisition. With enhanced clinker capacity and distribution network, we are well-positioned to strengthen our market share.”
Outlook
With the integration of VCL and cost optimization measures, Nuvoco Vistas aims to boost profitability and cement volume growth in FY26. Legal matters related to legacy incentive claims from the West Bengal Government remain sub judice, but management maintains confidence in recoverability based on legal counsel.
Nuvoco Vistas Corporation Stock Performance
Nuvoco Vistas Corporation shares are trading at ₹396, representing a 3.96% gain as of July 18, 2025, at 10:48 PM IST. Nuvoco Vistas Corporation shares have gained 13% over the last year, 12% year-to-date, and 14% in the previous month.
About Nuvoco Vistas Corporation
Nuvoco Vistas Corporation Ltd is one of India’s leading building materials companies, primarily engaged in the manufacture and sale of cement and ready-mix concrete. It is listed on both NSE and BSE, and operates across multiple regions with a strong presence in East India.
Note: All financials are based on unaudited results for the quarter ended June 30, 2025..
REF: https://nsearchives.nseindia.com/corporate/NUVOCO_17072025183715_OutcomeFinal170725.pdf
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