Nuvoco Vistas Corporation share price
NSE: NUVOCOBSE: 543334Cement & Cement ProductsSmall Cap
Nuvoco Vistas Corporation Limited · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Aug 2021
Last close ₹334.05down ₹5.75 (1.69%)BSE ₹334.30
Share price at the NSE close on 28 Oct 2026. Previous close ₹339.80.
28 Oct: open ₹336.40, high ₹338.50, low ₹330.55
52-week range of traded prices to 28 Oct 2026
₹276.25Low, 24 Mar 2026₹430.20High, 29 Oct 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹11,931 Cr513th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 28.76
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹48 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 25.77
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.25
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 4.4%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹48 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 4.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 6.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.50
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 2,02,03634.6% delivered
About Nuvoco Vistas Corporation
Nuvoco Vistas Corporation Limited is a building materials company. It makes and sells cement, ready-mix concrete and modern building materials to individual home builders, contractors, and large institutional and infrastructure projects. It was incorporated in 1999.
The business is organised into three segments: Cement, Ready-Mix Concrete (RMX) and Modern Building Materials (MBM). The cement range is sold under brands such as Nuvoco Concreto, Nuvoco Duraguard and Double Bull. The MBM range is sold under the Zero M name and includes wall putty and tile adhesive. Across the three segments the company offers more than 60 products. The RMX business runs 58 plants across India.
The cement plants are located in West Bengal, Bihar, Odisha, Chhattisgarh and Jharkhand in Eastern India, in Rajasthan and Haryana in the north, and in Gujarat in the west. Together they give a cement capacity of 27 MMTPA, which means 27 million tonnes a year. Its largest base is Eastern India, with a growing presence in the north and west.
The company's cement operations began with a greenfield plant at Nimbol, Rajasthan, in 2014. It has grown by acquisition: Lafarge India Limited in 2016, NU Vista Limited in 2020 and Vadraj Cement Limited in 2025. The Vadraj purchase was approved by the National Company Law Tribunal under the Insolvency and Bankruptcy Code and gave the company clinker and cement assets in Gujarat. NU Vista Limited, which also makes and sells cement, and Vadraj Cement Limited are now wholly owned subsidiaries.
Written from the annual report for the year to Mar 2026, filed 7 Aug 2026 and the investor presentation.
Sources for 24 statements, each with its page
- Nuvoco is a building materials company. Annual report, page 4
- It sells to individual home builders as well as large institutional and infrastructure projects. Annual report, page 55
- Incorporated in 1999 (CIN characters 9 to 12). Annual report, page 1
- Three segments: Cement, Ready-Mix Concrete and Modern Building Materials. Investor presentation, page 6
- Cement brand Nuvoco Concreto. Annual report, page 5
- Cement brand Nuvoco Duraguard. Annual report, page 5
- Cement brand Double Bull. Annual report, page 55
- MBM products include Zero M wall putty. Annual report, page 7
- MBM products include Zero M tile adhesive. Annual report, page 7
- More than 60 products. Annual report, page 55
- RMX business has 58 plants across India. Annual report, page 55
- Cement plants in West Bengal, Bihar, Odisha. Annual report, page 55
- Cement plants in Chhattisgarh and Jharkhand in Eastern India, Rajasthan and Haryana in the north. Annual report, page 55
- Cement capacity of 27 MMTPA. Annual report, page 55
- Cement plant in Gujarat in the Western region. Annual report, page 55
- Eastern India is its largest base with a growing presence in north and west. Annual report, page 55
- Greenfield cement plant at Nimbol, Rajasthan, in 2014. Annual report, page 4
- Acquired Lafarge India Limited in 2016. Annual report, page 71
- Acquired NU Vista Limited in 2020 and Vadraj Cement Limited in 2025. Annual report, page 71
- Vadraj purchase approved by NCLT under the Insolvency and Bankruptcy Code. Annual report, page 16
- Vadraj gave access to clinker and cement assets. Annual report, page 16
- Vadraj assets are in Gujarat. Annual report, page 16
- NU Vista Limited is a wholly owned subsidiary engaged in cement manufacture and marketing. Annual report, page 72
- Vadraj Cement Limited is a wholly owned subsidiary. Annual report, page 65
Results
Consolidated; ₹ crore.Nuvoco Vistas Corporation quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +10.6%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +52.0%
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹2,790 Crdown 10.83%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹65 Crdown 59.41%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 2.3%
Revenue by quarter
Peak revenue ₹3,307 Cr, quarter to Mar 2026; lowest ₹2,409 Cr, quarter to Dec 2024
Net profit by quarter, a loss in red
- Net profit
- Loss
A loss in 1 of the 8 quarters shown
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,409 | 3,042 | 2,873 | 2,458 | 2,701 | 3,307 | 3,129 | 2,790 |
| Net profit | −61 | 166 | 133 | 36 | 49 | 141 | 160 | 65 |
| Net margin | −2.5% | 5.4% | 4.6% | 1.5% | 1.8% | 4.3% | 5.1% | 2.3% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹11,338 Crup 9.48%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹360 Crup 1,547.30%
- Net margin
- 3.2%
Revenue by year
Peak revenue ₹11,338 Cr, year to Mar 2026; lowest ₹9,318 Cr, year to Mar 2022
Net profit by year, a loss in red
| ₹ crore | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 9,318 | 10,586 | 10,733 | 10,357 | 11,338 |
| Net profit | 32 | 16 | 147 | 22 | 360 |
| Net margin | 0.3% | 0.1% | 1.4% | 0.2% | 3.2% |
Consolidated. Years to March. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- CementCement, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹10,325 Crup 9.50%90.6%
- Ready Mix Concrete and OthersReady Mix Concrete and Others, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,066 Crup 5.52%9.4%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.Nuvoco Vistas Corporation PE ratio and valuation
Price to earnings
At or below today's level on 21% of 618 trading days over the last 3 years.
LowestHighest
Its median32.48Industry median25.60
Price to book
At or below today's level on 20% of 1,230 trading days since Nov 2021.
LowestHighest
Its median1.40Industry median1.47
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −8.7% | +1,550.8% | −94.5% | 0.0% |
| 3 years | −6.6% | +183.9% | −67.1% | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 and 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2023 and Mar 2026.
Mutual fund holdings
72 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 41 of the 47 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 72 funds holding Nuvoco Vistas Corporation
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 4
- AddedAdded. Funds that held more shares than at the end of the month before.
- 16
- CutCut. Funds that held fewer shares than at the end of the month before.
- 31
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 21
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 3
| Fund | |||
|---|---|---|---|
 HDFC Flexi Cap FundHDFC Mutual Fund | 1,75,88,172 | 0.55% | ₹594.1 Cr |
 SBI Contra FundSBI Mutual Fund | 83,70,435 | 0.63% | ₹282.8 Cr |
| SBI Flexicap FundSBI Mutual Fund | 78,29,028 | 1.20% | ₹264.5 Cr |
| SBI Large & Midcap FundSBI Mutual Fund | 56,04,494 | 0.47% | ₹189.3 Cr |
 ICICI Prudential Small Cap FundICICI Prudential Mutual Fund | 26,69,304 | 0.92% | ₹90.2 Cr |
| HDFC Balanced Advantage FundHDFC Mutual Fund | 21,12,854 | 0.07% | ₹71.4 Cr |
| ICICI Prudential Infrastructure FundICICI Prudential Mutual Fund | 19,59,203 | 0.80% | ₹66.2 Cr |
| ICICI Prudential Multi Asset Allocation FundICICI Prudential Mutual Fund | 16,23,459 | 0.07% | ₹54.8 Cr |
 Tata Business Cycle FundTata Mutual Fund | 12,98,324 | 1.82% | ₹43.9 Cr |
| Tata Infrastructure FundTata Mutual Fund | 12,87,548 | 2.19% | ₹43.5 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Nuvoco Vistas Corporation competitors and peers
Cement & Cement Products, 40 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Nuvoco Vistas Corporation in market cap.Construction materials companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Dalmia BharatDALBHARAT | 27,655 | 56.44 | 1.54 | +6.1% | −56.4% | 2.7% | 5.0% | 0.34% |
 ACCACC | 21,412 | 24.26 | 1.04 | +4.6% | −73.6% | 4.3% | 5.1% | 0.66% |
 The Ramco CementsRAMCOCEM | 17,290 | 26.81 | 2.14 | +8.6% | +101.2% | 8.3% | 5.0% | 0.34% |
 JSW CementJSWCEMENT | 15,703 | 20.68 | 2.31 | – | – | 11.8% | 7.7% | 0.43% |
 The India CementsINDIACEM | 9,387 | 76.63 | 0.92 | +5.2% | +851.1% | 1.2% | 2.0% | 0.00% |
 Star CementSTARCEMENT | 6,564 | 17.76 | 2.06 | +14.5% | +56.4% | 12.2% | 14.1% | 0.62% |
 Birla CorporationBIRLACORPN | 5,991 | 10.82 | 0.81 | +3.9% | +44.9% | 7.7% | 8.5% | 1.61% |
 JK Lakshmi CementJKLAKSHMI | 5,704 | 15.42 | 1.47 | +8.7% | −2.4% | 10.1% | 9.9% | 1.41% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Latest announcements
Routine notices left out.Nuvoco Vistas Corporation announcements
Oct 2026
23 Oct · Analysts
22 Oct · Results
9 Oct · Analysts
Nuvoco Vistas Corporation share price by year
Each calendar year to 2025.Nuvoco Vistas Corporation share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 355.95 | +1.6% | 470.60 | 288.75 |
| 2024 | 350.25 | −8.4% | 377.20 | 294.35 |
| 2023 | 382.50 | +4.8% | 388.75 | 325.70 |
| 2022 | 365.05 | −26.9% | 512.75 | 264.80 |
| 2021 | 499.35 | – | 567.40 | 485.90 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2021 is from its first session, 23 Aug 2021.
Recent sessions
The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 27 Oct 2026 | 337.40 | 343.05 | 336.70 | 339.80 | 340.22 | 1,30,258 | 37.4% |
| 26 Oct 2026 | 330.00 | 345.55 | 327.40 | 340.45 | 337.92 | 3,13,371 | 38.4% |
| 23 Oct 2026 | 340.50 | 341.05 | 328.00 | 330.60 | 333.67 | 7,38,675 | 30.8% |
| 22 Oct 2026 | 330.00 | 341.85 | 327.05 | 337.70 | 337.32 | 3,88,197 | 32.0% |
| 21 Oct 2026 | 338.05 | 341.40 | 327.30 | 331.80 | 333.23 | 2,78,617 | 48.5% |
| 19 Oct 2026 | 341.00 | 353.50 | 338.95 | 341.45 | 348.83 | 9,24,467 | 34.7% |
| 16 Oct 2026 | 335.70 | 342.85 | 331.40 | 341.15 | 338.39 | 2,21,226 | 43.8% |
| 15 Oct 2026 | 321.15 | 338.35 | 320.05 | 335.90 | 332.56 | 7,35,467 | 29.5% |
| 14 Oct 2026 | 322.95 | 324.95 | 317.60 | 321.15 | 320.90 | 2,29,472 | 56.4% |
Prices in ₹ per share as traded, not adjusted.
Company details
- NSE symbol
- NUVOCO
- BSE code
- 543334
- ISIN
- INE118D01016
- Industry
- Cement & Cement Products
- Website
- www.nuvoco.com
- CIN
- L26940MH1999PLC118229
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1999
- Registered office
- Tower 3, Equinox Business Park, East Wing, 4th Floor, LBS Marg, Kurla (West), Mumbai 400070, Maharashtra
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments
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