Nuvoco Vistas Reports Strong Q1FY27 Performance and Expands Western India Footprint With Surat Cement Plant Inauguration
Mumbai, July 14, 2026: Nuvoco Vistas Corp. Ltd., a leading building materials company in India, has announced its financial results for the first quarter ended June 30, 2026, highlighted by a significant capacity expansion in Western India. On July 11, 2026, the company inaugurated a 2 MMTPA grinding capacity at its Limla Cement Plant in Surat—one of the Vadraj Cement Plant facilities—ahead of schedule. This milestone strengthens Nuvoco Vistas’ market presence in the west while freeing up crucial production capacity at its Rajasthan plants to serve the Northern Indian market, Nuvoco Vistas said in a press release.
The company’s capacity expansion program is advancing as planned, aiming to raise its total cement capacity to 35 MMTPA by FY28. Project operations in Kutch remain on track for phased operationalization starting in Q3FY27. Additionally, construction has commenced on a bulk cement terminal equipped with a dedicated railway siding at Viramgam, Sachana, Gujarat. Targeted for operationalization by Q2FY28, this facility will act as a strategic distribution hub to deepen Nuvoco’s penetration across the Gujarat market.
Nuvoco Vistas delivered a resilient financial performance for Q1FY27, recording a cement sales volume of 5.3 MMT, which marks a 5 percent year-on-year growth. Consolidated total income for the quarter rose by 9 percent year-on-year to ₹3,129 crore. Driven by robust operational execution, consolidated EBITDA grew by 7 percent year-on-year to ₹572 crore, representing the highest-ever first-quarter EBITDA in the company’s history. Reflecting this operational strength, Profit After Tax (PAT) surged by 20 percent year-on-year to ₹160 crore.
Commenting on the performance of the Company, Jayakumar Krishnaswamy, Managing Director, Nuvoco Vistas Corp. Ltd., stated, “We have had a strong start to the year, delivering higher business performance despite macro headwinds particularly emanating from geopolitical tensions. The Company achieved strong YoY growth in both EBITDA and PAT. The performance reflects resilient execution, supported by continued focus on cost discipline and operational efficiencies. On the growth agenda, the company achieved a major milestone of inaugurating the Grinding Unit at Limla, Surat, ahead of schedule, which reflects the strength of our project execution capabilities and the commitment of our teams on the ground. This achievement reinforces our commitment to disciplined capital allocation and sets a strong foundation as we work towards operationalising the remaining capacities at Kutch in the coming quarters and thereby further consolidating our footprint in Western as well as Northern India.”
Furthermore, he added, “The geopolitical uncertainty that has persisted over recent quarters has tested supply chains and cost structures across the industry. Our teams have managed this well, maintaining strong cost discipline while preserving operational performance. Going forward, while we remain watchful of evolving geopolitical developments, we will continue to pursue the same rigour through prudent procurement, continued cost optimisation, and ongoing improvements in supply chain efficiency.”
