Nuvoco Vistas Corporation Limited · NSE:NUVOCO
Nuvoco Vistas — Q4 FY2025 Earnings Presentation
30 slides from Nuvoco Vistas's earnings presentation, May 1, 2025
Slide 1: Exchange intimation letter for investor presentation
Ref. No.: Sec/16/2025-26 May 01, 2025 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C–1, Block G, Dalal Street, Fort, Mumbai – 400 001 Bandra Kurla Complex, Bandra (East), Scrip Code: 543334 Mumbai – 400 051 Scrip ID: NUVOCO Trading Symbol: NUVOCO De
Slide 2: Investor Presentation: Fourth quarter ended March 31, 2025
Investor Presentation Fourth quarter ended March 31, 2025 May 1, 2025 1
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 Current Capacity Capacity capacity additions1 by Q3 FY27 Cement capacity 25.0 6.0 31.0 (MTPA) Clinker capacity 13.5 3.5 17.0 (MTPA) 50 MW 58 Green power2 RMX plants 22 457 kg/t States served3 CO2 emission4 Note: 1. Acquisition of Vadraj Cement Limited for whi
Slide 6: Evolving our mission for greater impact
Evolving our mission for greater impact Vision Building a Safer, Smarter and Sustainable World New Mission Trusted Building Materials Company Creating Value for Our Stakeholders Embodies our commitment to operational excellence and enhancing value for all stakeholders 5
Slide 7: Core strengths
Core strengths Premium Product Production Cost leadership Robust distribution Portfolio network Market leading brands: Strategically located Continuous focus on Trade focus with Concreto has significant production facilities in operational excellence; extensive sales and market share in the close pr
Slide 8: Strong performance with record-high volume and profitability
Strong performance with record-high volume and profitability Volume (in MMT1) Revenue (₹ Cr.) EBITDA (₹ Cr.) 4% 12% 8% 26% 2.2x 23% 5.7 2,933 3,042 556 5.3 498 2,409 4.7 258 Q4 FY24 Q3 FY25 Q4 FY25 Q4 FY24 Q3 FY25 Q4 FY25 Q4 FY24 Q3 FY25 Q4 FY25 Q4 FY25 Highlights Value focused volume growth ✓ Achie
Slide 9: Driving efficiency and deleveraging in FY25 amidst macro challenges
Driving efficiency and deleveraging in FY25 amidst macro challenges Volume (in MMT1) FY25 Highlights 19.4 18.8 18.8 ✓ Achieved volume of 19.4 MMT in FY25, up 3% YoY despite macro headwinds in H1. Clocked 12% YoY growth in H2 on robust demand rebound ✓ Maintained industry-leading premiumization2 and
Slide 10: Sustained drive to reduce debt over the years
Sustained drive to reduce debt over the years Net debt (₹ Cr.) ✓ Continuously reduced net debt year-over-year, reflecting effective debt management 6,730 ✓ Net debt reduced by ₹ 390 Cr. YoY to ₹ 3,640 Cr. 5,064 4,414 4,030 3,640 FY21 FY22 FY23 FY24 FY25 9
Slide 11: Update on Vadraj Acquisition
Update on Vadraj Acquisition
Slide 12: Progress on strategic acquisition of Vadraj Cement
Progress on strategic acquisition of Vadraj Cement Significant milestone achieved Rationale for acquisition Received approval from NCLT Value buy Approval from Committee 01 Value buy at EV/t of ~$60 with sizeable growth opportunity Jan’25 of Creditors available at highly competitive cost Diversifica
Slide 13: Strategic Roadmap
Strategic Roadmap
Slide 14: Moving ahead strategically in FY26
Moving ahead strategically in FY26 CEMENT • Refresh the GTM strategy aligning with expanding footprint to drive market share growth • Achieve market leadership in home markets and expand footprint in Western market • Drive premiumization to capture value growth • Deploy efficiency improvement progra
Slide 15: Economy and Industry
Economy and Industry Vig
Slide 16: Capex momentum supported by favorable macro conditions
Capex momentum supported by favorable macro conditions Capex surge expected in Stable macro economic conditions Q4 FY251 in ₹ lakh cr. Coal prices are at a Pet coke price have come down from its Monsoon remained positive in FY25; Coal Prices (Rs./t) comfortable level2 Petrecent Cokepeak Prices 3 ($/
Slide 17: Uptick in union & states planned capex to support demand
Uptick in union & states planned capex to support demand 10% rise in central capex in FY26 Top 21 states capex to rise 17% to ₹ 9.89 lakh crores in FY 26 figure in ‘000 ₹ Cr. Central capex West Bengal Bihar Jharkhand Chhattisgarh Rajasthan Gujarat ₹ 11.21 lakh Cr. ₹ 39.3 ₹ 40.4 ₹ 22.6 ₹ 26.3 ₹ 53.7
Slide 18: Business Update
Business Update
Slide 19: Leveraging RMX and MBM businesses for scalable growth
Leveraging RMX and MBM businesses for scalable growth Ready-Mix Concrete (RMX) RMX Plant at Ranchi ✓ Currently, 58 plants operational across India; added two plants during the quarter ✓ RMX business gained healthy momentum sequentially during the quarter RMX Plant at Nagpur Modern Building Materials
Slide 20: Marketing initiatives for strengthening brand presence
Marketing initiatives for strengthening brand presence Participation at Maha Kumbh 2025 through Sarthi initiative Sarthi programme at Maha Kumbh reinforced commitment to channel partners and influencers by providing enhanced experience to 25,000 visitors ‘Sabse Khaas Pehelwaan’ – Haryana’s ultimate
Slide 21: Awards and recognitions
Awards and recognitions Recognized as the “3rd Fastest Growing “Excellence in Metal Mines Group B2” – “Recognition of Excellence in Quality Cement Company in India” at the 8th Awarded to Nimbol Cement Plant for Promotion” – Awarded to Jojobera Indian Cement Review Awards Exemplary Safety Practices C
Slide 22: Sustainability and CSR
Sustainability and CSR
Slide 23: Sustainability – a key thrust area
Sustainability – a key thrust area Carbon emission3 (kg CO2/ton) Specific CO2 emissions at 2,70,000+ tons of waste utilized as 580 4571 kg/t of cementitious fuel in plants under circular 513 materials economy initiative in FY25 457 Global India Nuvoco Average Average FY24 Cement to clinker ratio3 (x
Slide 24: Social impact initiatives and community engagement
Social impact initiatives and community engagement ~399 youth Digital smart classroom Health camps organised Infra related activities were trained under running in 44 schools, across location, undertaken across “Nuvo-Mason” - a benefiting more than benefitting more than villages, benefitting over ma
Slide 25: Key Financials
Key Financials 24
Slide 26: Consecutive quarter of demand improvement signal optimism
Consecutive quarter of demand improvement signal optimism Market Prices Cost ✓ Cement demand showed sustained ✓ Pan-India cement prices ✓ Raw material cost and fuel cost growth over two consecutive improved QoQ with majority of witnessed QoQ moderation Q4 FY25 quarters, driven by increased the hikes
Slide 27: Continuous focus on cost efficiency
Continuous focus on cost efficiency Blended fuel cost (₹/ Mcal) - lowest in the last 14 quarters 2.64 2.74 2.28 2.31 2.05 1.91 1.94 1.74 1.67 1.63 1.57 1.54 1.45 1.43 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 ✓ Power and fuel cost
Slide 28: Consolidated income statement
Consolidated income statement (₹ Cr.) Q4 FY24 Q3 FY25 Q4 FY25 FY24 FY25 Total Income 2941 2,410 3,047 10,766 10,376 Cost of materials consumed 443 410 441 1,741 1,748 Purchase of stock in trade 67 71 67 146 261 Changes in inventories 76 (61) 138 67 53 Power and fuel 531 510 492 2,140 1,970 Freight a
Slide 29: Summary
Summary ✓ Focus on growth and expand footprint with Vadraj acquisition elevating capacity to 31 MMTPA Nimbol Cement Plant ✓ Continue to drive key initiatives on premiumization, geo- optimization, brand strengthening, and cost optimization ✓ Infrastructure and housing led spendings by the government
Slide 30: 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 Madhumita Basu; Emai