Nuvoco Vistas Corp. Ltd. announced its investor and analyst conference call presentation, highlighting significant capacity expansion, industry-leading profitability, and commitment to sustainability. The company focuses on integrating acquired businesses and expanding its footprint. Key priorities include operational excellence, premium product offerings, and reducing its environmental impact. Vadraj Cement Plant is on track to commence operations by Q3 FY27. The company achieved its highest Q2 EBITDA ever.
Capacity Expansion and Growth
Nuvoco Vistas is focused on a structural growth path, with significant capacity expansion plans. The Vadraj Cement Plant is expected to be operational by Q3 FY27, increasing the company’s capacity. The East region will see further expansion, taking total capacity to 35 MMTPA.
Financial Performance
The company reported improved performance with the highest Q2 profitability. Key highlights include:
- Volume increased by 2% YoY.
- Industry-leading premiumization at 44% and trade mix at 74%.
- Highest second quarter EBITDA achieved at ₹371 Cr.
Nuvoco has also demonstrated a commitment to deleveraging, continuously reducing net debt. Net debt on a like-to-like basis reduced by ₹1,009 Cr YoY to ₹3,492 Cr.
Vadraj Cement Plant Update
The Vadraj Cement Plant is progressing as per schedule, with key milestones achieved:
- Key personnel and resources mobilized.
- Critical goods and service orders released.
- Site execution and overhauling activities initiated.
- Trial runs to commence by H1 FY27 and operations by Q3 FY27.
Business Segment Highlights
The company is driving scalable growth through RMX (Ready-Mix Concrete) and MBM (Modern Building Materials) businesses. Currently, there are 58 RMX plants operational across India. The Zero M range is witnessing strong market acceptance.
Sustainability Initiatives
Nuvoco is focused on sustainability, with key initiatives including:
- Reducing specific CO2 emissions.
- Utilizing waste as fuel in plants.
- Reducing water intensity.
- Planting saplings. Over 93,000 saplings planted in H1 FY26.
Community Engagement
Nuvoco is committed to social initiatives and community engagements, including skill development programs and health camps. They’ve provided 86,000 man-hours of training under “Nuvo-Mason”.
Outlook
The company remains optimistic about the remaining period of the year. Infrastructure and housing-led spending are expected to drive cement demand.
Source: BSE
