Arthneeti
All Q3 FY25 results →
NV

Nuvoco Vistas

Q3 FY25Cement & Cement Products

Nuvoco Vistas Q3 FY25 earnings call: Revenue & Margins

Q3 FY25 earnings call: what management guided on revenue, margins and order book.

Price₹322
Market cap₹11.8K Cr
P/E28.5
Updated23 Aug 2026
Read4 min read

The short version

Nuvoco targets a 10% year-on-year volume growth over the next three to four years. Nuvoco targets a consistent volume growth of about 10% year-on-year over the next 3-4 years.

From Nuvoco Vistas's Q3 FY25 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Nuvoco targets a 10% year-on-year volume growth over the next three to four years.
  • Projected volume milestones from Vadraj acquisition:
  • FY ’27: 1 million tonnes
  • FY ’28: 2 million tonnes
  • FY ’29: 3 to 4 million tonnes
  • Total company volumes expected to grow from 18.7 million tonnes in the recent year to approximately 21 million, 23 million, 25 million, and 27 million tonnes over the subsequent years.
  • Revenue growth supported by premiumization strategy, maintaining a 39% share of premium products.

2 more points from Nuvoco Vistas's call on revenue

Pro opens every point from 15K+ earnings calls

Profitability & Margins

See what Nuvoco Vistas said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Vadraj Cement acquisition involves a CAPEX of Rs. 900-1,200 crores over 18-24 months to make assets operational, post Rs. 1,800 crores bid payment after NCLT approval (expected in 8-9 months).
  • CAPEX for FY ‘26 and ‘27 combined is approximately Rs. 3,600 crores; about Rs. 1,200 crores is actual CAPEX, while Rs. 1,800 crores pertains to debt financing for Vadraj acquisition.
  • Routine maintenance CAPEX is estimated at around Rs. 300 crores annually.
  • Brownfield expansions planned with estimated CAPEX of Rs. 1,500-1,700 crores over next two years, funded through internal accruals and profitability improvement.
  • Waste Heat Recovery Systems (WHRS) planned for Phase-2 of new plants.

2 more points from Nuvoco Vistas's call on capex

Pro opens every point from 15K+ earnings calls

Top-ranked in Cement & Cement Products

Ranked on what management guided this quarter

Guidance-ranked
1Grasim Inds
Rev 1Mar 3
2BIGBLOC Const.
Rev 2Mar 1
3
Rev 3Mar 1
4
Rev 3Mar 3
5
Rev 3Mar 3
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Nuvoco Vistas said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The transcript does not explicitly mention the current or expected order book or pending orders for Nuvoco Vistas Corporation Limited. However, it provides relevant insights related to pending government CAPEX which influences demand: - As of November 2024, pending CAPEX is: - Rs. 5.97 lakh crore at the Central government level - Rs. 5.34 lakh crore at the State government level - Eastern states show on average more than 65% of pending state CAPEX, indicating significant infrastructure potential.

2 more points from Nuvoco Vistas's call on order book

Pro opens every point from 15K+ earnings calls

Nuvoco Vistas — Quarterly revenue & net profit

Revenue Net profit Net loss
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹3.3K Cr, net profit ₹141 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Continue your research

What Nuvoco Vistas's management said in earlier quarters

Others in Cement & Cement Products this season

  • Prism Johnson (Q3 FY25)

    Consolidated Q3 FY25 Revenue:** ₹1,660 Crores, down 0.9% YoY (Page 32) . Key concall takeaways from Prism Johnson Ltd's Q3 FY25 earnings call — and how it…

  • The Ramco Cement (Q3 FY25)

    3QFY25 Revenue:** ₹1,988 Crores (Standalone), down 6% YoY from ₹2,113 Crores in 3QFY24 (Page 14, 8) . Key concall takeaways from The Ramco Cements Ltd's Q3…

  • Star Cement Ltd (Q3 FY25)

    1 lakh crores in Northeast. Key concall takeaways from Star Cement Ltd's Q3 FY25 earnings call — and how it ranks against sector peers.

  • Grasim Inds (Q3 FY25)

    CSF (Cellulosic Fiber) segment maintains stable earnings with growing demand and price improvement; EBITDA contribution seen as stable around ₹600-700 crores…

Compare:vs UltraTech Cem.vs Grasim Indsvs Ambuja Cements Ltd

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

Nuvoco Vistas and 15K+ more earnings calls,
for less than your morning chai

a day

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

Frequently Asked Questions

What were Nuvoco Vistas Q3 FY25 results?

Nuvoco targets a 10% year-on-year volume growth over the next three to four years. Nuvoco targets a consistent volume growth of about 10% year-on-year over the next 3-4 years.

What is Nuvoco Vistas share price analysis?

Nuvoco Vistas currently shows a neutral. The stock trades at a P/E of 28.5 with a market cap of ₹11,842 Cr. Investors should review the full earnings analysis for detailed insights.

Is Nuvoco Vistas planning capital expenditure?

Vadraj Cement acquisition involves a CAPEX of Rs.

Keep Nuvoco Vistas on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.