Nuvoco Vistas Q3 back in black with ₹49-cr net profit on record cement sales, premiumisation

Cement maker Nuvoco Vistas Corporation Ltd on Thursday (January 15) reported a profit of ₹49 crore for the third quarter, compared with a loss of ₹61.4 crore in the same period last year. Revenue for the quarter increased 12% year-on-year to ₹2,701 crore from ₹2,409 crore.

EBITDA rose 48.5% year-on-year to ₹383.8 crore, compared with ₹258.4 crore a year ago. EBITDA margin for the quarter stood at 14.2%, improving from 10.7% in the same period a year earlier.

Nuvoco Vistas reported an improved year-on-year performance despite macro headwinds in the early part of the quarter. The company achieved its highest Q3 cement sales volume at 5 MT (million tonnes) in Q3FY26, registering a 7% year-on-year growth.

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Premium products maintained strong momentum, with premiumisation sustaining at a historic high of 44% for the second consecutive quarter. The performance reflects rising brand traction for the Nuvoco Concreto and Nuvoco Duraguard franchises, with growing recognition as preferred choices across building material applications.

The RMX business continued to see volume traction within its Concreto product range. To tap demand, the division launched Concreto Tri Shield, a specialised product offering three-layer durability and an approximately 50% increase in structural lifespan. The MBM business, meanwhile, introduced the Nuvoco Zero M Unnati App, a digital loyalty platform aimed at improving influencer engagement, transparency, and data-led channel growth.

The company is progressing with its strategic capacity expansion in the eastern region, along with project execution at the Vadraj Cement facilities. The operationalisation of the clinker unit and grinding units is planned in phases starting Q3FY27.

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These initiatives are expected to position Nuvoco’s total cement capacity at about 35 MTPA (million tonnes per annum), reinforcing its standing as the fifth-largest cement group in India over the long term.

Jayakumar Krishnaswamy, Managing Director, Nuvoco Vistas Corp, said, "Despite early macroeconomic challenges from prolonged monsoon and festivities that softened demand in October and November, December saw healthy double-digit growth, demonstrating strong recovery momentum."

"The company delivered its highest-ever third quarter volume and a 50% YoY rise in EBITDA, driven by a sustained focus on premiumisation and operational excellence. The company also achieved the lowest blended fuel cost in the last 17 quarters, at ₹1.41 per Mcal," he added

On Wednesday (January 14), shares of Nuvoco Vistas Corporation Ltd ended at ₹354.30, up by ₹1.40, or 0.40%, on the BSE.