- Inaugurated 2 MMTPA of grinding capacity at Limla Cement Plant, Surat on July 11, 2026; strengthening its footprint in Western India
- Achieved a consolidated volume of 5.3 MMT, registering a growth of 5% YoY
- EBITDA increased by 7% YoY to reach Rs. 572 Cr., driven by operational performance
- Profit After Tax increased by 20% YoY to Rs. 160 Cr.
MUMBAI | 13th JULY 2026 | Nuvoco Vistas Corp. Ltd., a leading building materials Company in India, announced its financial results for the year ended June 30, 2026. The Company has made significant strides in project execution as it inaugurated 2 MMTPA of Grinding capacity at Limla Cement Plant, Surat, one of the Vadraj Cement Plant facilities, ahead of schedule. This achievement is a strong testament to the Company’s project execution capability. This also marks a significant expansion in Western India and would release much-needed capacity at Rajasthan plants for the Northern market.
The progress on project operations at Kutch also remains on track for operationalisation in phases starting from Q3FY27. Moreover, the work has commenced on a bulk cement terminal at Viramgam, Sachana, Gujarat, which will be equipped with a dedicated railway siding. This facility is targeted for operationalisation by Q2FY28 and will serve as a strategic distribution hub to deepen Nuvoco’s presence and expand its reach across the Gujarat market. Alongside these initiatives, the Company’s capacity expansion programme is progressing as planned and will increase Nuvoco’s total cement capacity to 35 MMTPA by FY28.
The Company achieved cement sales volume of 5.3 MMT in Q1FY27, registering a 5% YoY growth. Consolidated Total Income grew 9% YoY to Rs. 3,129 Cr. in Q1FY27. The Company also reported a growth of 7% YoY in EBITDA to Rs 572 Cr. in Q1 FY27, achieving the highest ever EBITDA for a first quarter in the Company’s history.
Commenting on the performance of the Company, Mr. Jayakumar Krishnaswamy, Managing Director, Nuvoco Vistas Corp. Ltd., stated, “We have had a strong start to the year, delivering higher business performance despite macro headwinds particularly emanating from geopolitical tensions. The Company achieved strong YoY growth in both EBITDA and PAT. The performance reflects resilient execution, supported by continued focus on cost discipline and operational efficiencies. On the growth agenda, the company achieved a major milestone of inaugurating the Grinding Unit at Limla, Surat, ahead of schedule, which reflects the strength of our project execution capabilities and the commitment of our teams on the ground. This achievement reinforces our commitment to disciplined capital allocation and sets a strong foundation as we work towards operationalising the remaining capacities at Kutch in the coming quarters and thereby further consolidating our footprint in Western as well as Northern India.”
Furthermore, he added, “The geopolitical uncertainty that has persisted over recent quarters has tested supply chains and cost structures across the industry. Our teams have managed this well, maintaining strong cost discipline while preserving operational performance. Going forward, while we remain watchful of evolving geopolitical developments, we will continue to pursue the same rigour through prudent procurement, continued cost optimisation, and ongoing improvements in supply chain efficiency.”
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