Nuvoco Vistas Corp. Ltd. has reported its highest-ever first-quarter consolidated EBITDA of Rs533 crore for Q1 FY26, backed by a 6% year-on-year growth in cement volume, which reached 5.1 million metric tons (MMT). The company also achieved consolidated revenue of Rs2,873 crore and continued its deleveraging strategy by reducing net debt by Rs884 crore to Rs3,474 crore.
This performance follows Nuvoco’s successful acquisition of Vadraj Cement Ltd., which is set to expand its total cement capacity to approximately 31 MMT by Q3 FY27. The move strengthens Nuvoco’s footprint in the Western and Northern regions and cements its position as the fifth-largest cement group in India.
Premiumisation remains a core focus, with premium product share climbing to 41% of trade volume and a robust trade mix of 76%—the highest in the last 13 quarters. Flagship brands like Nuvoco Concreto and Duraguard are driving demand as trusted construction solutions.
Sustainability efforts continue to lead the industry, with carbon emissions reduced to 453.8 kg CO? per ton of cementitious material, down from 457 kg in FY24.
Commenting on the performance, Managing Director Mr. Jayakumar Krishnaswamy said, “The Company witnessed healthy volume growth during the quarter. It maintained a sharp focus on premiumisation and trade mix, which contributed to enhanced realizations and led to the highest-ever first-quarter consolidated EBITDA in the Company’s history. Looking ahead, we remain committed to drive sustained growth and expand our market presence. Following the successful acquisition of Vadraj Cement, the Company is fully geared up to operationalize the plants at Kutch and Surat by Q3 FY27 and at the same time expanding its market footprint in the Western region. Alongside this, the Company will continue to prioritize initiatives around premiumisation, geo-optimisation, and cost efficiency to further strengthen its competitive edge.”
With solid financials, aggressive expansion plans, and ESG leadership, Nuvoco Vistas is setting a strong precedent for India’s building materials industry.
