Nuvoco Vistas Corporation Limited
₹320.60-₹11.60 (-3.5%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹12,637 Cr
- P/E
- 64.8x
- EV / EBITDA
- 12.5x
- Revenue
- ₹8,725 Cr
- Net margin
- 1.7%
- ROCE
- 9.0%
Price chart
Technical chartScreen technicals →-24.1% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -5.1%
- 3M
- -8.1%
- 6M
- +8.0%
- 1Y
- -24.1%
- 5Y
- -40.5%
52-week range
Day change -₹11.60 (-3.5%) from ₹332 to ₹321 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in NUVOCO, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong cash conversion — FCF/PAT ratio of 21.13
Concerns1
- Low return on equity of 1.7%
Rule-based from financial data. Not advice.
About the company
Nuvoco Vistas Corporation Limited manufactures and sale of cement and building materials products in India. It operates through Cement, and RMX and Other divisions.
Read moreShow less
Nuvoco Vistas Corporation Limited manufactures and sale of cement and building materials products in India. It operates through Cement, and RMX and Other divisions. The company offers ordinary Portland, Portland slag, Portland pozzolana, and Portland composite cement products under the Concreto Uno, Duraguard, Double Bull, PSC, Nirmax, and Infracem brands; and ready-mix concrete under the Concreto, Ecodure, Artiste, InstaMix, and X-Con brands. It also provides modern building materials, such as construction chemicals, multipurpose bonding and waterproofing agents, wall putty, tile and stone adhesives, tile grouts, ready-mix dry plaster, block joining mortar, dry bag concrete. and cover blocks products under the Zero M brands. The company was formerly known as Lafarge India Limited and changed its name to Nuvoco Vistas Corporation Limited in April 2017. The company was incorporated in 1999 and is headquartered in Mumbai, India. Nuvoco Vistas Corporation Limited is a subsidiary of Niyogi Enterprise Private Limited.
- Sector
- Materials
- Shares outstanding
- 35.8 Cr shares
- ISIN
- INE118D01016
- BSE code
- 543334
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹12,637 Cr
- P/E
- 64.8x
- P/B
- 1.4x
- EV / EBITDA
- 12.5x
- EV / Sales
- 1.7x
- P/S
- 1.4x
- Earnings yield
- 1.5%
- 52-week high
- ₹425.30
- 52-week low
- ₹281.15
Profitability
- Operating margin
- 12.3%
- Net margin
- 1.7%
- EBITDA margin
- 13.6%
- ROE
- 1.7%
- ROCE
- 9.0%
- ROA
- 0.9%
- Dividend payout
- 0.0%
- Tax rate
- 26.0%
- Other income, % of PBT
- 57.7%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹8,725 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -2.4%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 5.6%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,220 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 79.4%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -73.9%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -9.3%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,048 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 2.4%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹77.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 0.2%
Solvency and efficiency
- Current ratio
- 1.45
- Debt / Equity
- 0.34
- Debt / Assets
- 0.19
- Debt / EBITDA
- 2.56
- Interest coverage
- 2.99
- Financial leverage
- 1.80
- CFO / Net profit
- 6.85
- Cash / Market cap
- 20.4%
- Cash per share
- ₹71.99
- Asset turnover
- 0.54
- Fixed asset turnover
- 0.88
- Capital intensity
- 1.14
- Debtor days
- 28 days
- Inventory turnover
- 4.20
- Cash conversion cycle
- -45 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹0 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹7,723 Cr |
| Sales | Operating profit | ₹1,002 Cr |
| Operating profit | Interest | ₹355 Cr |
| Operating profit | Depreciation | ₹621 Cr |
| Operating profit | Profit before tax | ₹26 Cr |
| Other income | Profit before tax | ₹16 Cr |
| Profit before tax | Tax and other | ₹2 Cr |
| Profit before tax | Net profit | ₹40 Cr |
Revenue and net profit
Revenue fell 2.4% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹5,805 Cr | ₹23 Cr |
| FY2022 | ₹7,342 Cr | ₹55 Cr |
| FY2023 | ₹8,582 Cr | ₹90 Cr |
| FY2024 | ₹8,939 Cr | ₹153 Cr |
| FY2025 | ₹8,725 Cr | ₹40 Cr |
Cash flows
FY2025: ₹1,100 Cr from operations, ₹845 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹1,386 Cr | -₹2,413 Cr |
| FY2022 | ₹835 Cr | ₹626 Cr |
| FY2023 | ₹1,023 Cr | ₹888 Cr |
| FY2024 | ₹1,048 Cr | ₹638 Cr |
| FY2025 | ₹1,100 Cr | ₹845 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹8,725 Cr-2.4%1Y
- Net profit
- ₹40 Cr-73.9%1Y
- Cash from operations
- ₹1,100 Cr
- Free cash flow
- ₹845 Cr+32.4%1Y
- Revenue CAGR, 5Y
- 5.6%
- EBITDA CAGR, 5Y
- -1.8%
- Net profit CAGR, 5Y
- -9.3%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹8,725 Cr | ₹1,002 Cr | — | ₹40 Cr | ₹1,100 Cr | ₹845 Cr | 0.4% | -2.4% | -73.9% |
Monthly returns
Month-by-month returns of NUVOCO across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹16,012 Cr |
| Equity capital | ₹357 Cr |
| Reserves | ₹8,816 Cr |
| Borrowings | ₹2,793 Cr |
| Other liabilities | ₹4,046 Cr |
| Assets | ₹16,012 Cr |
| Fixed assets | ₹9,970 Cr |
| Capital work in progress | ₹101 Cr |
| Investments | ₹3,501 Cr |
| Other assets | ₹2,441 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
NUVOCO trades at 64.8x earnings against a peer median of 35.5x (a 83% premium).
Not shown (no positive earnings and no EV / Sales): India Cements Ltd., NMDC Steel Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Nuvoco Vistas Corporation LimitedNUVOCOthis companyP/E ↑ premium | ₹12,637 Cr | 64.8x | 1.4x | 1.7% | 12.5x |
| India Cements Ltd.INDIACEM | ₹14,502 Cr | — | 1.5x | -3.8% | 80.0x |
| Jain Resource Recycling LimitedJAINREC | ₹14,273 Cr | 56.3x | — | 43.8% | 54.8x |
| Aarti Industries LtdAARTIIND | ₹13,175 Cr | 49.0x | 2.3x | 7.9% | 16.4x |
| Aether Industries LimitedAETHER | ₹13,146 Cr | 74.9x | 5.7x | 4.3% | 80.8x |
| Fine Organic Industries LimitedFINEORG | ₹12,930 Cr | 35.8x | 5.5x | 19.8% | 22.8x |
| NMDC Steel LimitedNSLNISP | ₹12,244 Cr | — | 0.9x | -10.1% | -13.2x |
| GRAVITA INDIA LIMITEDGRAVITA | ₹11,994 Cr | 45.6x | 7.0x | 39.4% | 47.6x |
| PCBL Chemical LimitedPCBL | ₹11,042 Cr | 30.8x | 2.7x | 16.3% | 13.6x |
| Peer median | — | 35.5x | 3.7x | 12.9% | 19.2x |
Year-to-date ROI
NUVOCO since 1 January, against earlier years.
Historical volatility
NUVOCO's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 19.0% |
| FY2022 | 14.0% |
| FY2023 | 10.0% |
| FY2024 | 12.0% |
| FY2025 | 11.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹8,725 Cr |
| Costs | |
| Interest | ₹355 Cr |
| Expenses | ₹7,723 Cr |
| Operating profitOperating Profit | ₹1,002 Cr |
| Other income and charges | |
| Profit before tax | ₹42 Cr |
| Tax | |
| Net profitNet Profit | ₹40 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹16,012 Cr |
| Equity capitalEquity Capital | ₹357 Cr |
| Reserves | ₹8,816 Cr |
| Borrowings | ₹2,793 Cr |
| Other liabilitiesOther Liabilities | ₹4,046 Cr |
| AssetsTotal Assets | ₹16,012 Cr |
| Fixed assetsFixed Assets | ₹9,970 Cr |
| Capital work in progressCWIP | ₹101 Cr |
| Investments | ₹3,501 Cr |
| Other assetsOther Assets | ₹2,441 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹1,100 Cr |
| Investing cash flowCash from Investing Activity | -₹255 Cr |
| Financing cash flowCash from Financing Activity | -₹768 Cr |
| Change in cashNet Cash Flow | ₹77 Cr |
Learn while you research
Academy chapters picked for Nuvoco Vistas Corporation Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 64.8, learn when high multiples are justified.6 min read
- 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 05 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read