What we do Nuvoco Vistas Corporation Ltd manufactures and sells cement, ready mix concrete, and modern building materials across India, serving construction and infrastructure sectors. |
Founded in 1,999 |
Market share One of the leading cement and ready mix concrete companies in India with 25 MMTPA cement capacity and 58 RMX plants nationwide. |
Problem solved Provides high quality, innovative building materials to support durable construction and infrastructure development with a focus on sustainability. |
Top clients or who we serve Builders, contractors, developers, architects and infrastructure projects across India; B2B and B2C markets served. |
Key management Managing Director: Mr. Jayakumar Krishnaswamy |
Our journey and innovations Founded in 1999; transitioned from Lafarge India to Nuvoco in 2017; expanded through acquisitions and brownfield projects; launched premium products and digital transformation. |
Where we operate Operates principally across India in East, North, West regions with capacity expansions underway. |
Top products or what we offer Cement (Duraguard, Concreto), Ready Mix Concrete (Concreto series), Modern Building Materials (Zero M products). |
Top brands Duraguard (premium cement), Concreto (performance cement and RMX), Zero M (construction chemicals). |
Raw materials needed Limestone, clinker, fly ash, gypsum, alternative fuels including plastic and refuse-derived fuels. |
Raw materials supplier Supplied via captive mines and long-term contracts with regional suppliers. |
Recurring vs cyclical contribution Revenue mainly recurring from cement sales, RMX, and chemicals; cyclical sensitivity tied to construction sector trends. |
Our industry position Among top cement makers with integrated plants and sustainable footprint; recognized for cost leadership and innovation. |
Financial highlights FY24 consolidated revenue ₹10,733 crores; EBITDA ₹1,657 crores; Profit after tax ₹147 crores; capacity 25 MMTPA cement. |
Geographical revenue split Revenue predominantly from domestic Indian markets; strong presence in East and North India. |
Order book Ongoing expansion projects including Vadraj acquisition and plant upgrades. |
Whats driving growth Infrastructure spend, housing demand, premiumization of products, digital initiatives, and sustainable operations. |
Our future plans Capacity expansions to 35 MMTPA post Vadraj acquisition; new product launches; digital ecosystem expansion. |
Our green promise Strong focus on sustainability with carbon reduction, water management, circular economy efforts and biodiversity conservation. |
Our people and values Committed to employee development, safety, diversity and inclusion; 81% employee engagement score. |
Key challenges ahead Market price volatility, raw material availability, regulation compliance, competition, and supply chain disruptions. |
Interesting facts Introduced India’s first all-women RMX plant; first Fiber Reinforced cement product; engaged celebrity endorsements. |
Risks and strategy Address risks from regulatory, judicial, and market factors via diversification, innovation, and operational excellence. |
