| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 2,790 | 2,458 | +13.5% |
| EBITDA | 408 | 367 | +11.3% |
| EBITDA margin | 14.6% | 14.9% | −0.3 pts |
| Profit before tax | 108 | 51.2 | +111.0% |
| Net profit | 64.8 | 36.4 | +77.8% |
| EPS | ₹1.81 | ₹1.02 | +77.5% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 11,931 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 176 | 88.1 | 177 | 97.8 | 193 | ||
| 886 | — | — | — | — | ||
| 4,541 | 4,541 | 3,823 | 4,137 | 4,618 | ||
| 17,181 | — | — | — | — | ||
| 11,927 | 11,338 | 10,357 | 10,733 | 10,586 | ||
| — | +9.5% | −3.5% | +1.4% | — | ||
| 1,948 | 1,857 | 1,372 | 1,624 | 1,210 | ||
| 16.3% | 16.4% | 13.3% | 15.1% | 11.4% | ||
| 1,040 | 973 | 503 | 705 | 259 | ||
| 415 | 360 | 21.8 | 147 | 15.9 | ||
| 3.5% | 3.2% | 0.2% | 1.4% | 0.2% | ||
| ₹11.61 | ₹10.06 | ₹0.53 | ₹4.13 | ₹0.44 | ||
| — | +1,811.4% | −87.2% | +829.2% | — | ||
| — | 1,485 | 1,329 | 1,593 | 1,711 | ||
| — | −710 | −350 | −581 | −486 | ||
| 775 | 775 | 978 | 1,011 | 1,225 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 11,930.9 | |
| - Cash, Equiv & ST Investments | 192.7 | 97.8 | 176.7 | 88.1 | 176.4 | |
| + Minority Interest | — | — | — | — | 885.8 | |
| + Total Debt | 4,617.7 | 4,137.0 | 3,822.6 | 4,540.8 | 4,540.8 | |
| Enterprise Value | — | — | — | — | 17,181.1 | |
| Revenue | 10,586.2 | 10,732.9 | 10,356.7 | 11,338.3 | 11,926.7 | |
| Growth %, YoY | — | +1.4 | -3.5 | +9.5 | — | |
| EBITDA | 1,210.4 | 1,623.7 | 1,372.0 | 1,856.9 | 1,947.8 | |
| Margin % | 11.43 | 15.13 | 13.25 | 16.38 | 16.33 | |
| EBIT | 259.3 | 705.1 | 503.5 | 972.9 | 1,039.8 | |
| Net Income | 15.9 | 147.4 | 21.8 | 359.8 | 414.6 | |
| Margin % | 0.15 | 1.37 | 0.21 | 3.17 | 3.48 | |
| EPS, Adj (current shares) | 0.44 | 4.13 | 0.53 | 10.06 | 11.61 | |
| Growth %, YoY | — | +829.2 | -87.2 | +1,811.4 | — | |
| Cash from Operations | 1,711.4 | 1,592.5 | 1,328.5 | 1,485.2 | — | |
| Capital Expenditures | -486.3 | -581.4 | -350.1 | -709.7 | — | |
| Free Cash Flow | 1,225.1 | 1,011.2 | 978.4 | 775.5 | 775.5 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Nuvoco Vistas Corporation (NSE: NUVOCO) had a market capitalisation of ₹11,861 crore at the 29 October 2026 close (₹332.10 a share), a PE ratio of 28.6 on the last four quarters' profit and a price-to-book ratio of 1.24. In FY26 its consolidated net profit was ₹359 crore on revenue of ₹11,338 crore; in Q2 FY27 (July–September 2026) it was ₹65.3 crore, up 79.2% year on year. Its debt-to-equity ratio was 0.50 on 30 September 2026. Promoters held 72.02% of the shares on 30 September 2026.
Nuvoco Vistas Corporation's PE ratio is 28.6 at the 29 October 2026 close (₹332.10 a share): a market capitalisation of ₹11,861 crore divided by consolidated net profit of ₹415 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹359 crore) it is 33.0.
Nuvoco Vistas Corporation's price-to-book (PB) ratio is 1.24 at the 29 October 2026 close: a market capitalisation of ₹11,861 crore divided by shareholders' equity (book value) of ₹9,565 crore on 30 September 2026. That is a book value of ₹267.81 per share against a share price of ₹332.10.
Nuvoco Vistas Corporation's net worth — shareholders' equity in its consolidated balance sheet — was ₹9,565 crore on 30 September 2026, up 4.2% from ₹9,181 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹11,861 crore at the 29 October 2026 close.
Nuvoco Vistas Corporation's market capitalisation was ₹11,861 crore at the 29 October 2026 close: 35.72 crore shares at ₹332.10 each.
No. Nuvoco Vistas Corporation had borrowings of ₹5,204 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.50. Its cash and current investments were ₹189 crore, so its net debt was ₹5,015 crore.
Nuvoco Vistas Corporation's basic earnings per share (EPS) were ₹10.07 in FY26, against ₹0.61 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹11.60.
Nuvoco Vistas Corporation's debt-to-equity ratio was 0.50 on 30 September 2026: borrowings of ₹5,204 crore against total equity of ₹10,451 crore. A year earlier, on 30 September 2025, it was 0.60.
Promoters held 72.02% of Nuvoco Vistas Corporation on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26 (April 2025–March 2026), Nuvoco Vistas Corporation's consolidated net profit was ₹359 crore, null, on revenue from operations of ₹11,338 crore (up 9.5%). Over three years, from FY23, net profit was null.
In FY26, Nuvoco Vistas Corporation's return on equity (ROE) was 3.7% and its return on capital employed (ROCE) was 7.0%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 0.2% and ROCE 3.8%.
On 30 September 2026, Nuvoco Vistas Corporation's shares were held by promoters 72.02%, foreign portfolio investors (FII/FPI) 4.63%, domestic institutions (DII) 17.65% (including mutual funds at 16.35%) and retail and other non-institutional investors 5.70%. Over the year, FII holding was down 0.56 percentage points from 5.19% and DII holding was down 0.45 percentage points from 18.10%.
At the 29 October 2026 closing prices, on FY26 net profit, Nuvoco Vistas Corporation's PE ratio is 33.0, the second highest of the four: UltraTech Cement 40.3, Ambuja Cements 18.6 and Dalmia Bharat 23.5, a peer average of 27.5. Each is the company's market capitalisation at that price divided by its FY26 net profit.
Nuvoco Vistas Corporation's book value per share was ₹267.81 on 30 September 2026: shareholders' equity of ₹9,565 crore divided by the 35.72 crore shares in issue, up 4.2% from ₹257.06 a year earlier. The share price at the 29 October 2026 close was ₹332.10.
In FY26, Nuvoco Vistas Corporation generated ₹1,485 crore of cash from operations and spent ₹710 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹775 crore. In FY25 it was ₹978 crore.
Nuvoco Vistas Corporation's latest results are for Q2 FY27 (July–September 2026), filed on 22 October 2026: consolidated net profit ₹65.3 crore, up 79.2% from ₹36.4 crore in Q2 FY26; revenue from operations ₹2,790 crore, up 13.5% year on year.
Nuvoco Vistas Corporation has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
On FY26 consolidated figures, against UltraTech Cement, Ambuja Cements and Dalmia Bharat: Nuvoco Vistas Corporation's operating margin of 8.6% is the third highest of the four (UltraTech Cement 14.0%, Ambuja Cements 7.3%, Dalmia Bharat 11.7%; peer average 11.0%); its return on equity of 3.7% is the lowest of the four (UltraTech Cement 11.1%, Ambuja Cements 8.4%, Dalmia Bharat 6.4%; peer average 8.6%); its revenue growth over three years of 2.3% a year is the third highest of the four (UltraTech Cement 11.9% a year, Ambuja Cements 1.5% a year, Dalmia Bharat 3.0% a year; peer average 5.4% a year).
In FY26, Nuvoco Vistas Corporation earned net profit of ₹359 crore on revenue of ₹11,338 crore, against ₹8,166 crore on ₹88,512 crore for UltraTech Cement. Nuvoco Vistas Corporation's operating margin was 8.6% (UltraTech Cement 14.0%) and its return on equity 3.7% (UltraTech Cement 11.1%). At the 29 October 2026 close, Nuvoco Vistas Corporation's market capitalisation was ₹11,861 crore against ₹3,29,305 crore for UltraTech Cement, and its PE ratio on FY26 profit 33.0 against 40.3.
From Nuvoco Vistas Corporation's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.