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Earnings Call

Nuvoco Vistas Corporation Earnings Call: Key Takeaways

Nuvoco Vistas reported strong Q1 FY27 results with 7% YoY EBITDA growth despite macro headwinds. The strategy focuses on capacity expansion to 35 MMTPA and premiumization in East and West India markets.

Highlights
Revenue growth9% YoY growth in Q1 FY27.
MarginsEBITDA growth of 7% YoY despite cost pressures.
Demand visibilityPositive, driven by 11.5% Central and 15% State capex growth.
Management confidenceHigh, citing resilient execution and structural growth trajectory.

Growth

Revenue rose 9% YoY to ₹3,129 Cr; EBITDA increased 7% YoY to ₹572 Cr; Volume grew 5% YoY to 5.3 MMT.

Outlook

Targeting 35 MMTPA capacity via Kutch Integrated Unit (H2 FY27-H1 FY28) and East expansion (FY28). Planned bulk terminal at Sachana by Q2 FY28.

Risks

Geopolitical uncertainty impacting fuel costs (pet coke/coal), rising diesel prices affecting freight, and INR/USD currency pressure.

Last quarter's promises, checked

Delivered

  • Guided Jojobera/Panagarh debottlenecking → Completed (= BEAT)
  • Targeted 20.4 MMT annual volume → Delivered 20.4 MMT (= BEAT)
  • Guided FY26 Capex ~INR 700 Cr → Delivered INR 712 Cr (= BEAT)

Partly delivered

  • Targeted East expansion phases through FY28 → Progressing on track (= PARTIAL)
  • Targeted net debt reduction → Increased to INR 4,445 Cr due to Vadraj acquisition (= PARTIAL)

Missed

  • Guided fuel cost INR 1.51-1.55/Mcal → Delivered higher (implied by 7% EBITDA growth vs 9% Revenue) (= MISS)
Source

Earnings Call filed with NSE, NSE: NUVOCO. Summary written with AI assistance from the document.

Read the document ↗

Nuvoco Vistas Corporation Ltd: key numbers

Share price
₹335.45
Market cap
₹11,981 Cr
Revenue (annual)
₹11,338 Cr
Net profit (annual)
₹359.4 Cr
P/E (TTM)
31.0×Sector 33.0×
Promoter holding
72.02%+0.00% QoQ
FII holding
4.71%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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