NUVOCO

Nuvoco Vistas has reported strong Q1 FY27 results

**Nuvoco Vistas has reported strong Q1 FY27 results with a 20% YoY rise in net profit to ₹159.6 crore and its highest-ever first-quarter EBITDA of ₹572 crore, supported by 5% volume growth and new capacity expansion in Surat. Shares surged up to 14% on BSE, reflecting investor confidence. 📊 Key Financial Highlights (Q1 FY27, April–June 2026) Net Profit: ₹159.6 crore (↑ 20% YoY from ₹133.1 crore) Revenue: ₹3,128.7 crore (↑ 8.9% YoY from ₹2,872.7 crore) EBITDA: ₹572 crore (↑ 7% YoY, highest-ever Q1 EBITDA) Cement Sales Volume: 5.3 MMT (↑ 5% YoY) Expenses: ₹2,856 crore (↑ 6.3% YoY, mainly raw material & freight costs) 🏭 Expansion & Strategic Moves New Capacity: Inaugurated 2 MMTPA grinding unit at Limla Cement Plant, Surat (July 11, 2026), ahead of schedule. Impact: Strengthens Western India footprint, frees up Rajasthan plants for Northern markets. Future Projects: Kutch operations to start in phases from Q3 FY27. Bulk cement terminal at Viramgam, Gujarat with railway siding, targeted for Q2 FY28. Capacity Goal: Total cement capacity to reach 35 MMTPA by FY28. 📈 Market Reaction Share Price Surge: Nuvoco Vistas stock jumped 14% to ₹359 (BSE intraday high) after results. Investor Sentiment: Strong EBITDA and expansion progress boosted confidence. Outlook: Demand expected to strengthen post-monsoon, supported by government infrastructure spending (↑ 13% YoY in Q1 FY27). ⚠️ Risks & Challenges Geopolitical tensions may pressure input costs (fuel, packaging). Logistics: Availability of railway rakes remains critical for cement transport. Election-related demand slowdown noted in some states during Q1. 📌 Quick Take for Investors Strong fundamentals: Record EBITDA, rising profit, and steady volume growth. Expansion pipeline: Surat plant operational, Kutch and Viramgam projects on track. Positive outlook: Infrastructure push and post-monsoon demand expected to drive growth. Watchpoints: Input cost inflation and logistics constraints.