Nuvoco Vistas Reports Strong Q1 FY26 Results; Targets 31 MMTPA Capacity by FY27

Nuvoco Vistas Corp. Ltd., a leading building materials company in India, has announced its financial results for the quarter ended June 30, 2025 (Q1 FY26). With a combined installed capacity of 25 MMTPA, the company is on track to achieve approximately 31 MMTPA by Q3 FY27 following the successful acquisition of Vadraj Cement Limited (VCL), thereby maintaining its position as the fifth-largest cement group in India.

The acquisition aligns with Nuvoco’s strategic objective of strengthening its footprint in Western and Northern India, complementing its strong leadership in the East. It is expected to enhance geographic reach and deliver long-term value to stakeholders.

In Q1 FY26, the company achieved consolidated cement sales volume of 5.1 MMT. Revenue from operations rose 9% year-on-year to ₹2,873 crore, while consolidated EBITDA reached a record high of ₹533 crore, the highest for a first quarter. Continuing its focus on deleveraging, Nuvoco reduced like-for-like net debt by ₹884 crore year-on-year to ₹3,474 crore.

Premium products continue to be a strategic priority for the Company, with their share of trade volume rising to 41% in Q1 FY26. The Company also achieved a robust trade mix of 76% — the highest in the last 13 quarters. The sustained momentum of the Nuvoco Concreto and Nuvoco Duraguard product portfolio reflects growing recognition as trusted solutions for superior construction needs.

The Company’s commitment to sustainability is evident as it continues to lead the industry with the lowest carbon emissions, further reducing emissions to 453.8 kg CO2 per ton2 of cementitious materials, down from 457 kg CO2 per ton in FY24.

Jayakumar Krishnaswamy, Managing Director, Nuvoco Vistas Corp. Ltd., stated, “The Company witnessed healthy volume growth during the quarter. It maintained a sharp focus on premiumisation and trade mix, which contributed to enhanced realizations and led to the highest-ever first-quarter consolidated EBITDA in the Company’s history. Looking ahead, we remain committed to drive sustained growth and expand our market presence. Following the successful acquisition of Vadraj Cement, the Company is fully geared up to operationalize the plants at Kutch and Surat by Q3 FY27 and at the same time expanding its market footprint in the Western region. Alongside this, the Company will continue to prioritize initiatives around premiumisation, geo-optimisation, and cost efficiency to further strengthen its competitive edge.”