Nuvoco Vistas Corporation Limited has informed the Exchange about Transcript
NUVOCO · price
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Nuvoco Vistas reported its strongest-ever Q1 in Q1 FY'26, with volume of 5.1 million tons (6% YoY growth), consolidated revenue of Rs. 2,873 crores (up 9% YoY), and highest-ever Q1 EBITDA of Rs. 533 crores, translating to a 16-quarter high EBITDA per ton of Rs. 1,052. Net debt fell Rs. 884 crore YoY to Rs. 3,474 crores. The company completed the Vadraj Cement acquisition, adding a 3.5 MT clinker unit and 6 MT grinding unit, with total outlay of around Rs. 3,600 crores (Rs. 1,800 crores paid + Rs. 1,600 crores refurbishment + Rs. 200 crores captive power plant). Vadraj plants target trial runs by H1 FY'27 and full operations by Q3 FY'27. Funding is split into Rs. 600 crores long-term debt and Rs. 1,200 crores via CCPS/CCD instruments. Management guided for Rs. 50/ton cost savings in FY'26 over FY'25, freight cost reduction of Rs. 70-80/ton, and industry demand growth of 7-10% post-monsoon, supported by government CAPEX of Rs. 20-21 lakh crores.
Positive for shareholders: record quarterly profitability, debt reduction, and a clear growth roadmap via Vadraj integration position Nuvoco well for sustained margin and volume expansion. The 16-quarter high EBITDA per ton and confidence in sustaining it could be a near-term positive catalyst, though execution risk on the large Vadraj CAPEX and timeline remains a watchpoint.