About Nuvoco Vistas Corporation Limited

Nuvoco Vistas Corporation Limited is India’s fifth-largest cement group with 25 MMTPA capacity across 11 plants, operating in East, North, and West India with businesses in Cement, Ready-Mix Concrete (RMX), and Modern Building Materials (MBM) as of March 31, 2025. Its journey began in 2014 with Nirma Group’s greenfield plant at Nimbol, followed by acquisitions including NU Vista (formerly Emami Cement), and the company now runs 58 RMX plants and 16 regional sales offices with raw material security from captive mines and reserves across multiple states. On April 1, 2025, it received NCLT approval to acquire Vadraj Cement Limited, setting course for ~31 MMTPA by Q3 FY 2026–27 and strengthening presence in Gujarat, Maharashtra, and Northern markets including logistics advantages through a captive jetty in Kutch.

The company offers BIS-certified OPC, PPC, PSC, and PCC cements under brands such as Nuvoco Concreto, Duraguard, Double Bull, PSC, Nirmax, and Infracem; premiumisation advanced with launches like Nuvoco Concreto Uno and patented Duraguard Microfiber—cement with added microfiber—alongside RMX innovations (Concreto UNO concrete, Ecodure Thermal Insulated Concrete) and MBM solutions under the Zero M brand (waterproofing, tile adhesives, grouts, putty, dry mixes). Key milestones include IPO listing, CPP/WHR across integrated units, brownfield expansions (e.g., Jojobera 1.5 MMTPA), commissioning of a 1.2 MMTPA Haryana grinding unit, and digital platforms (Nuvo Setu, Nuvo Nirmaan), with FY 2024–25 recording the highest-ever quarterly consolidated EBITDA in Q4 and net debt reduced to Rs 3,640.00 crore.

Nuvoco Vistas Corporation Limited Business Segment

• Cement: Contributes ~90% of total sales; 19.4 MMTPA cement volume in FY 2024–25, with premium products at ~40% of trade sales; leadership in East with expanding footprint in North and West; brands include Concreto, Duraguard (including Microfiber), Double Bull, PSC, Nirmax, and Infracem.

• Ready-Mix Concrete (RMX): 58 plants Pan-India with new sites at Ranchi, Nagpur, Kurla, Mira Road, and Ahmedabad; portfolio spans value-added concretes (e.g., Robuste, Steelibre, Permadure, Instante, Lente) and launches like hydrophobic Concreto UNO concrete and Ecodure Thermal Insulated Concrete; served marquee projects such as Puri Railway Station redevelopment and O.P. Jindal Global University.

• Modern Building Materials (MBM): Zero M portfolio across waterproofing, tile & stone fixing, surface preparation, repair, and ancillaries; new launches include Roof Shield, Tile Adhesive T5, Tile Glitter, and Tile Bonder; scaled through demo kits, application videos, QR-enabled rewards, and retail expansion adding ~250 outlets via market storming.

Nuvoco Vistas Corporation Limited Key Management

• Hiren Patel — Chairman.

• Jayakumar Krishnaswamy — Managing Director.

• Shruta Sanghavi — SVP and Company Secretary.

Latest Updates on Nuvoco Vistas Corporation Limited

• NCLT approved resolution plan to acquire Vadraj Cement Limited on April 1, 2025; capacity expected to rise to ~31 MMTPA by Q3 FY 2026–27, with strengthened presence in Gujarat/Maharashtra/North and coastal logistics via captive jetty; planned Kutch grinding unit.

• Premiumisation momentum: Nuvoco Concreto Uno launched and scaled in East (251% sales growth), Duraguard Microfiber production commenced at Haryana and expanded in Western Uttar Pradesh; premium share ~40% of trade.

• Operational excellence and cost leadership: Project Bridge 2.0 delivered Rs 0.56 crore per lakh tonne equivalent savings (Rs 56 per tonne), lowest blended fuel cost in 14 quarters at Rs 1.49/Mcal, highest-ever quarterly consolidated EBITDA of Rs 556.00 crore in Q4 FY 2024–25, and net debt reduced to Rs 3,640.00 crore as of March 31, 2025.

• RMX and MBM expansion: Commissioned five RMX plants (Ranchi, Nagpur, Kurla, Mira Road, Ahmedabad); Zero M launches (Roof Shield, Tile Adhesive T5, Tile Glitter, Tile Bonder) with QR-enabled incentive programme and 13-city market storming adding ~250 retail outlets.

• Sustainability: Scope 1 CO₂ intensity at 453.8 kg/tonne (audited), ~69,000 MT plastic co-processed, WHR capacity 49 MW, water positivity 1.95x, and solar capacity 5.5 MWp in FY 2024–25.