Nuvoco Vistas
Nuvoco Vistas Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Targeting a volume CAGR of around 10% for the next two years and beyond. Nuvoco targets a volume CAGR of at least 10% over the next two years and beyond, driven by capacity expansions such as Vadraj, Jojobera, Panagarh, and Jajpur. - Vadraj cement plant commissioning is expected from Q3 FY’27, strengthening presence in western India. - Expansion plans for Chittorgarh and potential greenfield projects like Gulbarga are under evaluation, with CAPEX planned from H2 FY’27 or FY’28 onwards. - Focus on premiumization (currently 44% mix) aims to increase EBITDA per ton by INR 150-200, enhancing profitability. - Logistics and freight cost efficiencies expected due to increased rail share, siding completions, and home market focus. - Management projects sustained growth and cost discipline to enhance profitability and shareholder value. - FY’26 to FY’28 CAPEX approximates Rs.
From Nuvoco Vistas's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Targeting a volume CAGR of around 10% for the next two years and beyond.
- Q4 FY’26 expected volume growth of 7-8%; December witnessed 20% volume growth.
- Expansion projects (Vadraj, East expansion including Jojobera, Jajpur, Panagarh, Surat) to boost capacity and sales.
- Vadraj plant commissioning phased from Q3 FY’27; East expansion and milling units coming online through FY’27 and FY’28.
- Gujarat market scaling up to 1 million tons sales in FY’26, aiming to reach 2 million in FY’27, 3 million in FY’28, and 4 million in FY’29.
- Plans for greenfield and brownfield expansions (Chittorgarh, Gulbarga) to start around FY’28 or FY’29.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Nuvoco Vistas said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- FY’26 CAPEX: ₹620–670 crores, including expenditure on Vadraj project (₹200 crores spent till Dec, additional ₹250–300 crores in next 2-3 months).
- FY’27 CAPEX: ₹1,000–1,100 crores, with major spend on Vadraj (around ₹800 crores expected).
- FY’28 CAPEX: ₹650–700 crores, including routine and project-related investments.
- Vadraj cement plant commissioning phased from Q3 FY’27 to strengthen western region presence.
- Medium-term growth plans include potential expansion at Chittorgarh and greenfield options at Gulbarga, with clarity expected by H2 FY’27.
2 more points management made on capital expenditure plans
Top-ranked in Cement & Cement Products
Ranked on what management guided this quarter
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
2 more points management made on order book & pipeline
Nuvoco Vistas — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹3.3K Cr, net profit ₹141 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Nuvoco Vistas Corporation Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Nuvoco Vistas Q3 FY26 results?
Targeting a volume CAGR of around 10% for the next two years and beyond. Nuvoco targets a volume CAGR of at least 10% over the next two years and beyond, driven by capacity expansions such as Vadraj, Jojobera, Panagarh, and Jajpur. - Vadraj cement plant commissioning is expected from Q3 FY’27, strengthening presence in western India. - Expansion plans for Chittorgarh and potential greenfield projects like Gulbarga are under evaluation, with CAPEX planned from H2 FY’27 or FY’28 onwards. - Focus on premiumization (currently 44% mix) aims to increase EBITDA per ton by INR 150-200, enhancing profitability. - Logistics and freight cost efficiencies expected due to increased rail share, siding completions, and home market focus. - Management projects sustained growth and cost discipline to enhance profitability and shareholder value. - FY’26 to FY’28 CAPEX approximates Rs.
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?
FY’26 CAPEX: ₹620–670 crores, including expenditure on Vadraj project (₹200 crores spent till Dec, additional ₹250–300 crores in next 2-3 months).
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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.