The cement maker expects revenue to exceed Rs 13,000 crore in FY27, backed by 7-8 per cent volume growth, stable pricing, demand recovery and ongoing capacity expansion
Looking beyond the Q1, analysts expect domestic cement demand to grow at a healthy 6-8 per cent CAGR over FY27-FY29, driven by sustained public infra investments and housing demand.
Today's rally in Nuvoco Vistas Corporation was buoyed by the company's Q1 results, in which its consolidated profit rose 20 per cent Y-o-Y to ₹159.63 crore.
Nirma Group-promoted cement maker reports record quarterly Ebitda as revenue growth, operational efficiencies and lower finance costs lift first-quarter earnings
Nuvoco Vistas reports a 15 per cent year-on-year decline in Q4 FY26 profit, even as revenue, volumes, and Ebitda grew on strong demand and premiumisation
Despite the two-day rally, in the past one month, cement companies stocks have underperformed the market by falling up to 17%, as against 8% fall in the BSE Sensex.