Nuvoco Vistas Corporation Limited · NSE:NUVOCO
Nuvoco Vistas — Q2 FY27 Earnings Presentation
24 slides from Nuvoco Vistas's earnings presentation, Oct 22, 2026
Slide 1: Exchange filing cover letter for investor presentation
Ref. No.: Sec/116/2026-27 October 22, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C–1, Block G, Bandra Kurla Dalal Street, Fort, Mumbai – 400 001 Complex, Bandra (East), Mumbai – 400 051 Scrip Code: 543334 Trading Symbol: NUVOCO Scrip ID: NUVO
Slide 2: Investor Presentation Second quarter ended September 30, 2026
Investor Presentation Second quarter ended September 30, 2026 October 22, 2026
Slide 3: Safe harbour clause
Safe harbour clause Statements in this ‘presentation’ describing the Company’s objectives, estimates, expectations or predictions may be “forward looking statements”. Actual results could differ materially from those expressed or implied. Important factors that could make difference to the Company’s
Slide 4: Company Overview
Company Overview
Slide 5: Major player in building materials space
Major player in building materials space Vision “Building a Safer, Smarter and Sustainable World” Mission “Trusted Building Materials Company Creating Value for Our Stakeholders” Ready Mix Concrete (RMX) Modern Building Materials (MBM) Cement Capacity1 27 MMTPA 35 MMTPA Current Capacity Including Va
Slide 6: Core strengths
Core strengths Premium Product Portfolio Production Market leading brands: Concreto has Strategically located significant market share in the production facilities in close operating environment; Duraguard MF proximity to raw materials excels with patented fibre-reinforced and key markets cement Cos
Slide 7: Resilient operating performance despite macro headwinds
Resilient operating performance despite macro headwinds Volume (in MMT1) Revenue (₹ Cr.) EBITDA (₹ Cr.) Premiumization2 (%) 9% 14% 11% 1% 5.3 45% 3,129 44% 4.7 42% 4.3 2,790 572 371 411 2,458 Q2 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q1 FY27 Q2 FY27 Q2 FY26 Q1 FY27 Q2 FY27 Q2 FY27 High
Slide 8: Growth trajectory
2016-2026 Growth trajectory Completed over a decade of operations Post-Expansion Capacity ❖ ~35 MMTPA capacity post Current Capacity Vadraj Cement Limited and ❖ 27 MMTPA planned East expansion Including 2 MMTPA of Scale-Up Phase Vadraj Cement Limited (FY17-21) Grinding Capacity ❖ Lafarge acquisition
Slide 9: Update on Vadraj Cement Limited
Commissioned 2 MMTPA Grinding Unit at Surat in Q2 FY27 Update on Vadraj Cement Limited
Slide 10: Vadraj Cement Limited Update
Vadraj Cement Limited Update Kiln at Kutch Cement Mill Hopper Building at Kutch Project Progress ❖ Kutch Clinker Unit o Equipment trials progressing; cyclone refractory works completed; phase-wise box-up underway ❖ Kutch Captive Power Plant: o Steam paralleling with boiler underway; ESP, coal handli
Slide 11: Economy & Industry
Economy & Industry
Slide 12: Macro conditions remain volatile amid geopolitical uncertainty
Macro conditions remain volatile amid geopolitical uncertainty Crude, petcoke and coal prices have firmed up from recent troughs Russia- Pet coke (CFR $/t)1 Crude oil ($/barrel)2 Russia- Ukraine Ukraine $128 Middle-East Conflict $256 Conflict Conflict $118 (Feb-22) $105 (Feb-22) (Feb-26) Middle-East
Slide 13: Significant headroom for acceleration in Government Capex
Significant headroom for acceleration in Government Capex 18%1 YoY rise in Central Capex Spends 10%1 YoY rise in State Capex spends ~Rs 7.1 lakh crores planned capex yet to be spent ~Rs 8.1 lakh crores of pending State Capex offers potential for increased infrastructure and housing spending West Ben
Slide 14: Business Update
Business Update
Slide 15: Marketing activities in Q2 FY27
Marketing activities in Q2 FY27 , 14
Slide 16: RMX and MBM Business Highlights
RMX and MBM Business Highlights Ready-Mix Concrete (RMX) ❖ Premium products continue to witness healthy volume traction amid strong customer adoption ❖ Prioritizing growth through premiumisation, and continuous efficiency enhancement Modern Building Materials (MBM) ❖ Tile Adhesives and Construction
Slide 17: Awards and Recognitions
Awards and Recognitions Energy Excellence Women Empowerment Panagarh Cement Plant received the “Excellent Energy Sanchari Women Farmers Producer Company Limited, promoted Efficient Unit – Cement Grinding” and “National by Mejia Cement Plant, was recognized by NABARD as one of the Energy Leader” awar
Slide 18: Sustainability – a key thrust area
Sustainability – a key thrust area 3 am ongst the low est sion in is Global Average m Aligned with th 580 kg CO2/ton nE ei United Nations bo ndu Car Specific ~1.1 lakh tons of India Average stry CO2 emissions at waste utilized as fuel 540 kg CO2/ton 4621 kg/t in plants under of cementitious circular
Slide 19: Social initiatives and community engagements in H1 FY27
Social initiatives and community engagements in H1 FY27 Nuvo Mason - Flagship Skill Project Aakriti - A women-led Water Security Health Care Initiatives Development Program livelihood initiative, generated 252 lakh litres of additional across locations benefited trained 280 youths with the revenue o
Slide 20: Key Financials
Key Financials
Slide 21: Geopolitical developments remain a key factor to monitor
Geopolitical developments remain a key factor to monitor Q2 FY27 Near-term outlook ✓ All-India cement demand grew, although ✓ Cement demand expected to pick up post monsoon regional demand trends varied. Monsoon ✓ Government capex, particularly by state governments, disrupted construction activity,
Slide 22: Consolidated income statement
Consolidated income statement (₹ Cr.) Q2 FY26 Q1 FY27 Q2 FY27 H1 FY26 H1 FY27 Total Income 2,461 3,132 2,793 5,349 5,925 Cost of materials consumed 393 464 488 847 952 Purchase of stock in trade 61 108 96 135 204 Changes in inventories (24) (50) (72) (59) (122) Power and fuel 454 560 545 968 1,104 F
Slide 23: Summary
Summary ✓ On a structural growth trajectory, with Vadraj Cement Plant and East region expansion driving capacity to 35 MMTPA1 ✓ 2 MMTPA of Grinding Capacity commissioned at Surat, Gujarat, marking a significant expansion in the Western market ✓ Demonstrated success in integrating and scaling acquire
Slide 24: Thank you
Thank you Nuvoco Vistas Corporation Ltd. Corporate Identity Number: L26940MH1999PLC118229 Registered and Corporate Office: Equinox Business Park, Tower 3, East Wing, 4th Floor, LBS Marg, Kurla (West), Mumbai - 400 070, Maharashtra, India; Website: www.nuvoco.com Company Contacts Bishnu Sharma; Email