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 ₹ 12,000 Cr.
- Current Price ₹ 336
- High / Low ₹ 399 / 291
- Stock P/E 245
- Book Value ₹ 249
- 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
Part of BSE 250 SmallCap Index Nifty Smallcap 250 BSE Commodities Nifty 500 BSE 400 MidSmallCap Index
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|
5,157 | 6,094 | 7,052 | 6,793 | 7,489 | 9,318 | 10,586 | 10,733 | 10,259 | |
4,429 | 5,105 | 6,134 | 5,493 | 6,028 | 7,814 | 9,375 | 9,109 | 8,796 | |
Operating Profit | 728 | 989 | 918 | 1,301 | 1,460 | 1,504 | 1,211 | 1,624 | 1,463 |
OPM % | 14% | 16% | 13% | 19% | 20% | 16% | 11% | 15% | 14% |
11 | 54 | 54 | 33 | 34 | 35 | -393 | 33 | 33 | |
Interest | 231 | 425 | 457 | 419 | 664 | 570 | 512 | 533 | 516 |
Depreciation | 313 | 392 | 498 | 528 | 794 | 918 | 951 | 919 | 881 |
Profit before tax | 196 | 226 | 17 | 387 | 36 | 51 | -645 | 206 | 99 |
Tax % | 16% | 30% | 260% | 36% | 171% | 37% | -102% | 28% | |
166 | 158 | -26 | 249 | -26 | 32 | 16 | 147 | 49 | |
EPS in Rs | 3.63 | 10.54 | -1.32 | 10.28 | -0.82 | 0.90 | 0.44 | 4.13 | 1.38 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 13% |
TTM: | -6% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 67% |
3 Years: | 138% |
TTM: | -91% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -13% |
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 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 150 | 150 | 200 | 242 | 315 | 357 | 357 | 357 | 357 |
Reserves | 3,799 | 3,967 | 4,788 | 5,037 | 7,009 | 8,464 | 8,482 | 8,626 | 8,544 |
4,314 | 4,369 | 4,683 | 4,513 | 7,792 | 5,575 | 4,785 | 4,404 | 4,862 | |
3,022 | 3,133 | 3,590 | 3,652 | 4,792 | 5,218 | 5,364 | 5,323 | 4,910 | |
Total Liabilities | 11,285 | 11,619 | 13,262 | 13,444 | 19,907 | 19,615 | 18,988 | 18,710 | 18,672 |
8,916 | 8,690 | 9,895 | 9,970 | 15,042 | 15,409 | 14,962 | 15,027 | 14,764 | |
CWIP | 143 | 144 | 605 | 647 | 1,240 | 399 | 596 | 488 | 553 |
Investments | 412 | 844 | 456 | 0 | 384 | 186 | 0 | 1 | 1 |
1,814 | 1,942 | 2,306 | 2,827 | 3,241 | 3,621 | 3,430 | 3,194 | 3,355 | |
Total Assets | 11,285 | 11,619 | 13,262 | 13,444 | 19,907 | 19,615 | 18,988 | 18,710 | 18,672 |
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
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - Intimation of investor/analyst meeting on November 25, 2024.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
15 Nov - Details of the meeting with Investor/Analyst which will be attended by the representatives of the Company. Date - November 21, 2024 Time - from 3:30 …
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Intimation Regarding Proposal For Incorporation Of Wholly Owned Subsidiary Company
14 Nov - Incorporation of wholly owned subsidiary Vanya Corporation.
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Board Meeting Outcome for Intimation Regarding Proposal For Incorporation Of Wholly Owned Subsidiary Company
14 Nov - Incorporation of wholly owned subsidiary Vanya Corporation.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
11 Nov - Intimation of investor/analyst meeting scheduled.
Annual reports
Concalls
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Oct 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]