Nuvoco Vistas Corporation Limited has informed the Exchange about Transcript

Nuvoco Vistas reported Q4 FY'25 with its highest ever quarterly cement sales volume of 5.7 MMT, up 8% YoY, and full-year revenue of Rs. 10,357 crore. Net debt fell Rs. 390 crore YoY to Rs. 3,640 crore, the lowest in years after dropping from Rs. 6,730 crore in FY'21. Management has received NCLT approval for the Vadraj Cement acquisition, which will lift total capacity to 31 MMT by Q3 FY'27 at a cost of Rs. 1,800 crore, funded via Rs. 600 crore of long-term debt and Rs. 1,200 crore through long-tenure CCPS/CCDs. A revised Rs. 1,500 crore CAPEX (up from Rs. 1,200 crore) will be spent over three years to refurbish Vadraj and add a new 2 MMT grinding unit in Kutch, while net debt is targeted to return to the Rs. 3,500–4,000 crore range by the end of the CAPEX cycle. Cost savings delivered over Rs. 200 per ton in FY'25, and management targets an additional Rs. 100–150 per ton over the next 2–3 years. Industry demand is expected to grow 7–8% in FY'26, with Q4 price hikes of Rs. 8–10 per bag holding into Q1 FY'26.