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 ₹ 12,486 Cr.
- Current Price ₹ 350
- High / Low ₹ 386 / 291
- Stock P/E 255
- 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 BSE 500 Nifty 500 BSE SmallCap BSE Allcap
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 | |
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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: | -1% |
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
7 Jan - An Investor and Analyst Conference Call on the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and nine months ended December …
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Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Declaration Of The Successful Resolution Applicant And Issuance Of Letter Of Intent For Vadraj Cement Limited
6 Jan - Nuvoco approved as Resolution Applicant for Vadraj Cement.
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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 And Nine Months Ended December 31, 2024.
1 Jan - Board meeting scheduled to approve financial results.
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Intimation About Name Change Of Registrar And Share Transfer Agent (RTA) Of The Company.
1 Jan - Name change of Registrar and Share Transfer Agent.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
30 Dec - Of Analyst/ Investor meet scheduled to be held on December 31, 2024
Annual reports
Concalls
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Oct 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022TranscriptPPT
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Aug 2022Transcript PPT
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May 2022Transcript 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]