Nuvoco Vistas Corporation Ltd
Nuvoco Vista Corporation Ltd (NVCL), is one of the largest cement companies and concrete manufacturers in India with a consolidated capacity of 22.32 MMTPA. It offers a diversified range of products such as cement, Ready-mix Concrete (RMX), and modern building materials i.e. adhesives, wall putty, dry plaster, cover blocks, and more.[1]
- Market Cap ₹ 12,240 Cr.
- Current Price ₹ 343
- High / Low ₹ 399 / 291
- Stock P/E 85.6
- Book Value ₹ 252
- Dividend Yield 0.00 %
- ROCE 5.42 %
- ROE 1.61 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 67.1% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 8.76% over past five years.
- Company has a low return on equity of 2.30% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Cement Industry: Cement - North India
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
5,157 | 6,094 | 7,052 | 6,793 | 7,489 | 9,318 | 10,586 | 10,733 | |
4,429 | 5,105 | 6,134 | 5,493 | 6,028 | 7,814 | 9,375 | 9,109 | |
Operating Profit | 728 | 989 | 918 | 1,301 | 1,460 | 1,504 | 1,211 | 1,624 |
OPM % | 14% | 16% | 13% | 19% | 20% | 16% | 11% | 15% |
11 | 54 | 54 | 33 | 34 | 35 | -393 | 33 | |
Interest | 231 | 425 | 457 | 419 | 664 | 570 | 512 | 533 |
Depreciation | 313 | 392 | 498 | 528 | 794 | 918 | 951 | 919 |
Profit before tax | 196 | 226 | 17 | 387 | 36 | 51 | -645 | 206 |
Tax % | 16% | 30% | 260% | 36% | 171% | 37% | -102% | 28% |
166 | 158 | -26 | 249 | -26 | 32 | 16 | 147 | |
EPS in Rs | 3.63 | 10.54 | -1.32 | 10.28 | -0.82 | 0.90 | 0.44 | 4.13 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 13% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 67% |
3 Years: | 138% |
TTM: | -66% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -4% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | 2% |
Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 150 | 150 | 200 | 242 | 315 | 357 | 357 | 357 |
Reserves | 3,799 | 3,967 | 4,788 | 5,037 | 7,009 | 8,464 | 8,482 | 8,626 |
4,314 | 4,369 | 4,683 | 4,513 | 7,792 | 5,575 | 4,785 | 4,404 | |
3,022 | 3,133 | 3,590 | 3,652 | 4,792 | 5,218 | 5,364 | 5,323 | |
Total Liabilities | 11,285 | 11,619 | 13,262 | 13,444 | 19,907 | 19,615 | 18,988 | 18,710 |
8,916 | 8,690 | 9,895 | 9,970 | 15,042 | 15,409 | 14,962 | 15,027 | |
CWIP | 143 | 144 | 605 | 647 | 1,240 | 399 | 596 | 488 |
Investments | 412 | 844 | 456 | 0 | 384 | 186 | 0 | 1 |
1,814 | 1,942 | 2,306 | 2,827 | 3,241 | 3,621 | 3,430 | 3,194 | |
Total Assets | 11,285 | 11,619 | 13,262 | 13,444 | 19,907 | 19,615 | 18,988 | 18,710 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
922 | 951 | 860 | 1,025 | 1,717 | 1,221 | 1,711 | 1,593 | |
-513 | -602 | -149 | -310 | -2,898 | -190 | -260 | -573 | |
-503 | -387 | -647 | -559 | 1,420 | -1,420 | -1,362 | -1,114 | |
Net Cash Flow | -94 | -38 | 65 | 156 | 239 | -390 | 89 | -95 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 31 | 25 | 26 | 27 | 22 | 22 | 21 | 20 |
Inventory Days | 114 | 125 | 148 | 179 | 215 | 283 | 215 | 177 |
Days Payable | 234 | 193 | 193 | 233 | 263 | 316 | 348 | 315 |
Cash Conversion Cycle | -88 | -44 | -20 | -27 | -26 | -11 | -113 | -118 |
Working Capital Days | -40 | -43 | -102 | -79 | -57 | -37 | -54 | -55 |
ROCE % | 7% | 5% | 8% | 6% | 4% | 2% | 5% |
Documents
Announcements
- Board Meeting Intimation for Considering And Approving Inter Alia The Unaudited Standalone And Consolidated Financial Results Of The Company (With Limited Review Reports) For The Quarter Ended June 30, 2024 17 Jul
- Redemption Of Non Convertible Debentures 5 Jul
- Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Jul
- Business Responsibility and Sustainability Reporting (BRSR) 2 Jul
- Notice Of The 25Th AGM Scheduled On July 24, 2024 2 Jul
Annual reports
Concalls
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May 2024Transcript PPT
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Feb 2022TranscriptPPT
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Feb 2022Transcript PPT
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Nov 2021Transcript PPT
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Sep 2021Transcript PPT
Part of Nirma Group
NVCL is a part of The Nirma Group, which is a diversified conglomerate that manufactures products ranging from chemicals to detergents, soaps, healthcare products, and real estate development. The Nirma Group forayed into the cement business in 2014 through a greenfield cement plant in Nimbol. It has successfully been able to grow the cement business through a series of acquisitions including the acquisition of the Indian cement business of Lafarge Holcim in 2016 and in 2020 by acquiring NU Vista from the Emami Group. [1]