On 6 Nov 2026, Nuvoco Vistas Corporation was priced at ₹343.00, or 29.6× trailing earnings, against an industry P/E of 27.3×, and the shares are 14% below their 52-week high. It earns ROCE of 6.2% and ROE of 4.2%, and sales and net profit grew 2.7% and 183% a year over 3 years. Debt is 0.53× equity. It is a small-cap company with a market cap of ₹12,250 Cr, ranked 11th of 58 Building Materials companies by market cap; the shares fell 13% over the past year.
- ₹347.00
- ₹347.00
- ₹340.10
- ₹345.85
- 1.2 L
Health check
- ReturnsIn line
−13.3% over a year, better than 3 of 7 peers.
- Price tagIn line
P/E 29.6 vs industry 27.3.
- GrowthSteady
Sales +2.7%, profit +182.9% a year over 3 years.
- ProfitabilityWeak
ROCE 6.2% vs peer median 10.2%.
- Balance sheetFair
Debt 0.53× equity, interest covered 2.4×, Piotroski 7 of 9.
- Red flags1 to check
Return on equity is low at 4.2%.
Small cap
Defensive
Key metrics
- Market cap
- ₹12,250 Cr
- Small cap
- P/E
- 29.6
- Industry 27.3
- Price to book
- 1.29
- Peers 2.12
- Dividend yield
- 0.00%
- ROE
- 4.2%
- Peers 4.9%
- ROCE
- 6.2%
- Peers 10.2%
- Debt to equity
- 0.53
- Debt ₹5,568 Cr
- EPS (TTM)
- ₹11.60
- Face value ₹10
- OPM (TTM)
- 16.3%
- Net margin 3.5%
- Sales growth
- +13.5%
- Latest quarter vs a year ago
- Profit growth
- +77.5%
- Latest quarter vs a year ago
- Price to sales
- 1.03
- EV/EBITDA 10.6
Strengths and risks
Strengths
- Quarterly profit up 77.5% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 4.2%.
About Nuvoco Vistas Corporation
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…
- Headquarters
- Mumbai
- Employees
- 4,188
- Sector
- Basic Materials
- ISIN
- INE118D01016
- Website
- nuvoco.com
Price range
- Avg volume (3M)
- 3.2 L
- 1-year return
- minus 13.3%
- From 52-week high
- minus 13.8%
Analyst consensus
Peers · Building Materials
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ULTRACEMCOUltraTech Cement | 12,450.00 | plus 1.63% | 3,66,110 | 41.6 | 22.8 | 11.8% | 19.1% | 0.38 | 11.9% | plus 3.6% |
| GRASIMGrasim Industries | 3,227.00 | minus 0.02% | 2,18,884 | 38.5 | 16.8 | 4.0% | 15.0% | 1.35 | 14.3% | plus 12.0% |
| AMBUJACEMAmbuja Cements | 390.60 | plus 0.67% | 97,057 | 34.7 | 14.6 | 4.6% | 14.3% | 0.01 | – | minus 31.6% |
| SHREECEMShree Cement | 25,100.00 | plus 0.82% | 90,563 | 57.2 | 18.0 | 10.2% | 20.1% | 0.09 | 5.7% | minus 9.8% |
| JKCEMENTJ.K. Cement | 5,239.80 | minus 0.20% | 40,487 | 42.3 | 19.2 | 13.3% | 15.8% | 1.01 | 12.1% | minus 9.1% |
| DALBHARATDalmia Bharat | 1,470.30 | plus 0.27% | 27,602 | 56.3 | 9.6 | 7.0% | 16.5% | 0.57 | 3.0% | minus 28.5% |
| ACCACC | 1,236.20 | plus 0.77% | 23,214 | 26.4 | 7.9 | 10.4% | 8.7% | 0.02 | – | minus 33.1% |
| NUVOCONuvoco Vistas Corporation | 343.00 | minus 0.82% | 12,250 | 29.6 | 9.1 | 6.2% | 16.3% | 0.53 | 2.7% | minus 13.3% |
| Median of 7 peers | – | 0.67% | 90,563 | 41.6 | 16.8 | 10.2% | 15.8% | 0.38 | 11.9% | −9.8% |
Quarterly results
| ₹ Cr | Jun 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 2,873 | 2,701 | 3,307 | 3,129 | 2,790 | |
| 2,354 | 2,318 | 2,719 | 2,560 | 2,382 | |
| 519 | 384 | 588 | 568 | 408 | |
| 18.1% | 14.2% | 17.8% | 18.2% | 14.6% | |
| 14.8 | 2.8 | 2.6 | 3.6 | 2.8 | |
| 117 | 98.7 | 81 | 70.3 | 71.9 | |
| 215 | 223 | 228 | 226 | 231 | |
| – | – | −48.1 | – | – | |
| 202 | 64.5 | 233 | 276 | 108 | |
| 33.9% | 23.5% | 39.6% | 42.2% | 40.0% | |
| 133 | 49.1 | 141 | 160 | 65.3 | |
| 3.73 | 1.38 | 3.94 | 4.47 | 1.81 |
Profit & loss
- Sales CAGR 3Y
- +2.7%
- Profit CAGR 3Y
- +182.9%
- EPS CAGR 3Y
- +183.8%
- ROE
- 4.2%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10,289 | 10,539 | 10,171 | 11,142 | |
| – | +2.4% | minus 3.5% | +9.5% | |
| 9,471 | 8,915 | 8,798 | 9,282 | |
| 818 | 1,624 | 1,373 | 1,860 | |
| 7.9% | 15.4% | 13.5% | 16.7% | |
| 408 | 31.6 | −6.4 | −2.9 | |
| 512 | 533 | 473 | 385 | |
| 951 | 919 | 869 | 884 | |
| −408 | 1.5 | 2.3 | −37.5 | |
| −645 | 206 | 26.5 | 551 | |
| 102.5% | 28.4% | 17.6% | 34.6% | |
| 15.9 | 147 | 21.8 | 359 | |
| – | +829.2% | minus 85.2% | +1545.4% | |
| 0.44 | 4.13 | 0.61 | 10.07 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 357 | 357 | 357 | 357 | |
| 8,482 | 8,626 | 8,645 | 8,985 | |
| 4,785 | 4,404 | 4,074 | 4,916 | |
| 5,364 | 5,323 | 5,082 | 6,041 | |
| 18,988 | 18,710 | 18,158 | 20,299 | |
| 10,317 | 10,310 | 9,975 | 11,900 | |
| 594 | 471 | 383 | 2,474 | |
| 380 | 380 | 380 | 332 | |
| 393 | 362 | 415 | 334 | |
| 7,303 | 7,188 | 7,005 | 5,259 | |
| 18,988 | 18,710 | 18,158 | 20,299 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,711 | 1,593 | 1,329 | 1,485 | |
| −260 | −573 | −337 | −2,500 | |
| −1,362 | −1,114 | −913 | 927 | |
| 89.4 | −94.9 | 78.8 | −88.6 | |
| −486 | −581 | −350 | −710 | |
| 1,225 | 1,011 | 978 | 775 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 19.8% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.