Nuvoco Vistas Corporation Limited (NUVOCO) AI Stock Analysis

• Market Cap: ₹117.22B
• Dividend Yield: N/A
• Average Volume (3M): 24.18K
• Price to Earnings (P/E): 30.5
• Beta (1Y): 0.97
• Revenue Growth: 5.09%
• EPS Growth: 458.10%
• Country: IN
• Employees: 4,092
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Construction Materials
• EPS (TTM): 1.40
• Shares Outstanding: 357,156,160
• 10 Day Avg. Volume: 48,715
• 30 Day Avg. Volume: 24,180
• PEG Ratio: -6.04
• Price to Book (P/B): 1.25
• Price to Sales (P/S): 1.09
• P/FCF Ratio: 11.49
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹450.00
• Price Target Upside: 26.12% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): 11.47
• Revenue Forecast (FY): ₹113.51B

• Rating: 55 Neutral
• Price Target: ₹336.00 ▼(-5.83% Downside)
• Action: Reiterated Date: 11/14/25
• Date: Action: Reiterated 11/14/25

Nuvoco Vistas Corporation Limited's overall stock score is driven primarily by its mixed financial performance and bearish technical indicators. The company's strong cash flow generation is a positive, but high leverage and inconsistent revenue growth are concerns. The technical analysis indicates weak market sentiment, and the high P/E ratio suggests overvaluation.

Positive Factors

Cash generation

Stable free cash flow and a strong operating cash flow to net income ratio indicate durable cash conversion. This supports recurring capex, working-capital needs and debt servicing capacity, giving management flexibility to invest or shore up balance sheet during cycles.

Equity base / Balance sheet resilience

A healthy equity ratio implies structural financial resilience, enabling the company to absorb cyclical construction demand swings, access funding on better terms, and sustain multi-year capital projects without immediate dilution or distress refinancing.

Diversified domestic footprint and product mix

A combined cement and RMC business with presence across Eastern and Northern India provides durable demand exposure across residential, commercial and infrastructure segments. Geographic and product diversification reduces reliance on any single project or region over several months.

Negative Factors

High leverage

Significant leverage raises long-term financial vulnerability: higher interest expense and refinancing risk increase sensitivity to rate moves and demand shocks, constraining agility for strategic investment and elevating default risk if cash flows weaken.

Inconsistent revenue growth

Irregular top-line performance complicates multi-quarter planning and weakens predictability of margins and cash generation. For a capital-intensive cement business, sustained uneven volumes impede efficient utilization of assets and ROI on expansions.

Margin pressure and low profitability

Declining gross and net margins point to sustained cost pressures (fuel, power, raw materials, freight) or limited pricing power. Persistently compressed margins reduce reinvestment ability and make earnings more vulnerable to input-cost volatility over the medium term.

Nuvoco Vistas Corporation Limited Business Overview & Revenue Model

Company Description

Nuvoco Vistas Corporation Limited manufactures and retails building materials in India. The company offers ordinary Portland, Portland Pozzolona, Portland composite, and Portland slag cement products under the Concreto, Duraguard, Double Bull, PSC, Nirmax, and Infracem and Procem brands; and ready-mix concrete under the Agile, Artiste, Xlite, InstaMix, Robuste, Permadure, Corrosofe, Endura, Concreto, and X-CON brands. It also provides construction chemicals, such as multipurpose bonding and waterproofing agents, wall putty, tile adhesives, cover blocks, and ready-mix dry plaster products under the Zero M and InstaMix brands. The company was formerly known as Lafarge India Limited and changed its name to Nuvoco Vistas Corporation Limited in April 2017. The company was founded in 1999 and is headquartered in Mumbai, India. Nuvoco Vistas Corporation Limited is a subsidiary of Niyogi Enterprise Private Limited.

How the Company Makes Money

Nuvoco generates revenue primarily through the sale of cement and ready-mix concrete. The company has a diverse range of cement products designed for various applications, which allows it to cater to both residential and commercial construction projects. Additionally, NUVOCO earns revenue from its concrete segment, where it supplies ready-mix concrete to construction sites, ensuring timely and efficient delivery. The company benefits from strategic partnerships with major construction firms and developers, which helps in securing large contracts and steady demand for its products. Furthermore, NUVOCO's focus on innovation and sustainability initiatives positions it favorably in the market, contributing to its earnings through increased market share and customer loyalty.

Nuvoco Vistas Corporation Limited Financial Statement Overview

Summary

Nuvoco Vistas Corporation Limited shows a mixed financial picture. The company has a strong equity base and generates robust cash flows, but faces challenges with profitability and high leverage. Revenue growth is inconsistent, and cost management needs improvement.

Income Statement

Nuvoco Vistas shows a mixed performance in its income statement. Gross profit margin has decreased from the previous year, indicating cost pressures. Net profit margin is notably low, impacted by a sharp decline in net income. Revenue growth is inconsistent, showing a decline in the latest year after a previous increase. The company maintains positive EBIT and EBITDA margins, though these have also decreased, suggesting potential challenges in operational efficiency.

Balance Sheet

The company's balance sheet indicates a strong equity position with a healthy equity ratio. However, the debt-to-equity ratio is high, reflecting significant leverage which could pose risks if not managed properly. Return on equity has been volatile, with recent years showing low profitability. Overall, while the equity base is robust, the high debt levels warrant caution.

Cash Flow

Cash flow analysis shows a positive trajectory with free cash flow remaining stable over the years despite fluctuations in capital expenditure. The operating cash flow to net income ratio is strong, indicating good cash generation relative to accounting profits. The free cash flow to net income ratio is also favorable, suggesting efficient conversion of earnings into cash flow.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	105.93B	103.57B	107.33B	105.86B	93.18B	74.89B
Gross Profit	64.59B	61.89B	64.99B	58.93B	57.34B	48.42B
EBITDA	14.50B	12.21B	14.86B	11.05B	14.09B	13.93B
Net Income	1.52B	218.40M	1.47B	158.60M	320.80M	-259.50M
Balance Sheet
Total Assets	0.00	181.58B	187.10B	189.88B	196.15B	199.08B
Cash, Cash Equivalents and Short-Term Investments	1.77B	4.15B	3.62B	6.16B	4.03B	11.22B
Total Debt	0.00	40.74B	44.04B	47.85B	55.75B	77.92B
Total Liabilities	-90.02B	91.55B	97.26B	101.49B	107.94B	125.84B
Stockholders Equity	90.02B	90.02B	89.84B	88.39B	88.21B	73.24B
Cash Flow
Free Cash Flow	0.00	9.78B	10.11B	12.25B	8.10B	11.66B
Operating Cash Flow	0.00	13.29B	15.93B	17.11B	12.21B	17.17B
Investing Cash Flow	0.00	-3.37B	-5.73B	-2.60B	-1.90B	-29.24B
Financing Cash Flow	0.00	-9.13B	-11.14B	-13.62B	-14.20B	14.20B

Nuvoco Vistas Corporation Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 356.80
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NUVOCO, the sentiment is Negative. The current price of 356.8 is above the 20-day moving average (MA) of 341.19, above the 50-day MA of 348.61, and below the 200-day MA of 383.32, indicating a bearish trend. The MACD of -5.18 indicates Positive momentum. The RSI at 36.58 is Neutral, neither overbought nor oversold. The STOCH value of 17.07 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:NUVOCO.

Nuvoco Vistas Corporation Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
JKLAKSHMI	61 Neutral	₹88.70B	18.11	―	0.82%	6.13%	31.60%
MANGLMCEM	59 Neutral	₹24.99B	31.00	―	0.19%	10.61%	43.88%
NUVOCO	55 Neutral	₹117.22B	30.51	―	―	5.09%	458.10%
INDIACEM	48 Neutral	₹126.00B	-112.42	―	―	-4.25%	―

Nuvoco Vistas Corporation Limited Corporate Events

Nuvoco Vistas Schedules Investor Meeting with IIFL Capital

Nuvoco Vistas Corporation Limited has announced a scheduled meeting with IIFL Capital, which will be held in person on December 8, 2025. This meeting is part of the company’s ongoing efforts to engage with investors and analysts, potentially impacting its market positioning and stakeholder relations.