# Nuvoco Vistas Corporation share price today (Nuvoco Vistas Corporation Ltd, NSE: NUVOCO)

> Nuvoco Vistas Corporation share price today: ₹338.05 at the NSE close on 3 November 2026, down 18.5% in a year. Nuvoco Vistas Corporation (NSE: NUVOCO) is worth ₹12,088 crore, trades at a P/E of 27.3 and has closed between ₹286.20 and ₹381.50 over the past 52 weeks. > Nuvoco Vistas Corporation Ltd's earnings have grown faster than its share price. Earnings per share grew +1,549.2% in a year while the price moved −18.5%. NUVOCO · Cement · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/nuvoco-vistas-corporation-ltd

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## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: ₹338.05 (−18.5% in a year)
- P/E: 27.3× (lower than 85% of the last 5 years)
- Revenue (Sep 2026): ₹2,790 Cr (+13.5% on a year ago)
- Profit (Sep 2026): ₹65.0 Cr (+80.6% on a year ago)
- Operating margin: 15.0% (flat on a year ago)
- ROCE: 7%, FY26
- ROIC: 4.1%, against a 12.0% cost of capital: −7.9 points

The main question: yearly earnings per share moved +1,549.2% while the share price moved −18.5%. ## What is the Nuvoco Vistas Corporation share price today? Nuvoco Vistas Corporation Ltd's share price was ₹338.05 at the close on 3 November 2026. It has been falling for 4 weeks. That is 1.2% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹286 and ₹382, and at that close it sat 54% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row. Over the last 5.2 years the share price moved −37% while the NIFTY 500 moved +50%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Nuvoco Vistas Corporation this quarter? Two changes stood out: revenue up on a year earlier for 7 quarters in a row and foreign funds (FIIs) cut their stake for 4 quarters in a row. 1. Revenue up on a year earlier for 7 quarters in a row In the September 2026 quarter revenue was ₹2,790 crore, +13.5% on a year earlier. 2. Foreign funds (FIIs) cut their stake for 4 quarters in a row From 5.2% to 4.6% of the company by the September 2026 quarter. ## What are Nuvoco Vistas Corporation's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Nuvoco Vistas Corporation reported revenue of ₹2,790 crore, up 13.5% from ₹2,458 crore a year earlier, and a profit of ₹65.0 crore, up 80.6% from ₹36.0 crore. ### Nuvoco Vistas Corporation results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹2,790 crore | ₹2,458 crore | +13.5% |
| Profit | ₹65.0 crore | ₹36.0 crore | +80.6% |
| Earnings per share | ₹1.83 | ₹1.02 | +79.4% |
| Operating margin | 15.0% | 15.0% | 0.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Nuvoco Vistas Corporation's management discussed these results on a call held on 23 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the Nuvoco Vistas Corporation share price history? Nuvoco Vistas Corporation closed at ₹338.05 on 3 November 2026, down 18.5% from ₹414.65 a year earlier (31 October 2025) and down 37.3% over five years. Its highest weekly close since August 2021 was ₹560.85 on 3 September 2021. ### Nuvoco Vistas Corporation share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹330.60 | +2.3% |
| 1 month ago · 1 Oct 2026 | ₹322.10 | +5.0% |
| 6 months ago · 30 Apr 2026 | ₹296.70 | +13.9% |
| 1 year ago · 31 Oct 2025 | ₹414.65 | −18.5% |
| 3 years ago · 3 Nov 2023 | ₹342.00 | −1.2% |
| 5 years ago · 4 Nov 2021 | ₹538.80 | −37.3% |
| Earliest weekly close in our records · 27 Aug 2021 | ₹535.90 | −36.9% |
| Highest weekly close since August 2021 · 3 Sep 2021 | ₹560.85 | −39.7% |
| Lowest weekly close since August 2021 · 17 Jun 2022 | ₹271.30 | +24.6% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹381.50 | −11.4% |
| 52-week low (weekly close) · 20 Mar 2026 | ₹286.20 | +18.1% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (275 weekly closes from 27 August 2021 to 3 November 2026.)

## What is the latest news on Nuvoco Vistas Corporation? 3 Nov 2026: Nuvoco Vistas Corporation closed at ₹338.05, up 2.3% on the week and up 5.0% on the month. 23 Oct 2026: Nuvoco Vistas Corporation held its results call for July to September 2026. Management guided: H2 cement demand: industry growth 7-8%, around 8% blended; Nuvoco volume growth 8-9% across North, West and East. ### Earlier

- Results for July to September 2026: Revenue up 13.5% and profit up 80.6% on a year earlier. ## What dividend does Nuvoco Vistas Corporation pay? Nuvoco Vistas Corporation has paid no dividend on the NSE since its first NSE close in our records (27 August 2021), the start of the period we checked. No. Nuvoco Vistas Corporation Ltd paid out 0% of its profit as dividends in each of its last 10 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Nuvoco Vistas Corporation management say on the latest results call? On the call for July to September 2026, held on 23 October 2026, Nuvoco Vistas Corporation's management guided: H2 cement demand: industry growth 7-8%, around 8% blended; Nuvoco volume growth 8-9% across North, West and East. > “The full impact of the 200 dollars per ton petcoke will come and affect us only in March next year.”
> Bishnu Sharma, on the call for July to September 2026

### What management guided

- Q3 fuel cost ₹1.8 per million cal (+₹70-80 per tonne energy); Q4 worst-case energy-cost rise ₹80-90 per tonne. - Surat utilization planned at 50-60% in Q4 and 70-75% or more next year; Kutch jetty planned for the first week of December, with clinker movement by Q4; Gujarat operating profit per tonne planned to converge around January to March 2028-April to June 2028. - FY27 capital spending ₹1,200 crore; FY28 ₹800-900 crore, or ₹2,000-2,100 crore over two years; East expansion shifted 6-8 months to Q1-July to September 2027; 35MMTPA capacity goal remains for FY28. - Net debt expected near the March level by year-end; leverage of 2-2.5x over 4-6 quarters, then below 2x as Vadraj volumes scale; tax-regime decision expected within 3-4 months. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/43929/Conference Call/CC-Oct26.pdf). (From the call for July to September 2026, 23 October 2026.)

## What to watch in Nuvoco Vistas Corporation's next results? When Nuvoco Vistas Corporation reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Check whether Q3 fuel and packaging costs are offset by sustained price recovery. - What to check (from the call)
- Check whether Q3 fuel and packaging costs are offset by sustained price recovery. - Track Surat's utilization ramp and whether Kutch clinker supply reduces reliance on high-cost sourcing. - Monitor East expansion progress and capital spending execution under the revised sequencing. - Test whether working-capital release and H2 collections move net debt toward the stated year-end objective. ## Which stock lists is Nuvoco Vistas Corporation on? Nuvoco Vistas Corporation is not on any of our India lists this week. ## Is Nuvoco Vistas Corporation profitable? Nuvoco Vistas Corporation Ltd earned ₹65.0 Cr of net profit in the Sep 2026 quarter, +80.6% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹360 Cr. Over 9 years profit has grown 9.0% a year on average. That is 2.3% of the quarter's revenue. The same quarter a year earlier earned ₹36.0 Cr. 2 of the last 12 reported quarters were loss-making. For the full year, FY26 profit was ₹360 Cr (+1,536.4% on the year before). Why profit moved: revenue changed +13.5% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +28.6% and revenue +10.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Nuvoco Vistas Corporation make, and is it growing? Nuvoco Vistas Corporation Ltd reported ₹2,790 Cr of revenue in the Sep 2026 quarter, +13.5% on the same quarter a year earlier. That is the 7th quarter in a row with growth on the year before. Over 9 years it has grown 9.1% a year on average. The last full year, FY26, came in at ₹11,338 Cr. The last four reported quarters add to ₹11,927 Cr. FY26 revenue was ₹11,338 Cr, +9.5% on the year before. Recent pace: the last four quarters grew +10.8% on average, against 9.1% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +10.6%, against +7.8% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +51.5%, against +191.0% a year (rolling over). ## How much of every ₹100 of sales does Nuvoco Vistas Corporation keep? Nuvoco Vistas Corporation Ltd's operating margin was 15.0% in the Sep 2026 quarter, about the same as the same quarter a year ago. Across 10 years it has been between 11.0% and 20.0%. The latest quarter is within that range. In the latest quarter it moved +0.0 percentage points on the same quarter a year ago. Why the margin moved: operating margin changed −0.3 percentage points on the year while gross margin changed −1.9 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Nuvoco Vistas Corporation's profit turning into cash? Over the last 3 years, 833% of Nuvoco Vistas Corporation Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹1,485 Cr of operating cash against ₹360 Cr of profit. After ₹2,956 Cr of spending on assets, free cash was −₹1,471 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 833% of profit came in as cash: the cash cycle got 104 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. What to look at next: the bigger use of cash is spending on new assets, at 1.6× depreciation over three years. The next section checks what that spending is building. ## Where does Nuvoco Vistas Corporation's cash go? Nuvoco Vistas Corporation Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −130 days in FY26, down from −26 days in FY21. It spent ₹4,275 Cr on assets over the last 3 years. Customers take 24 days to pay, and stock sits for 128 days on average. At FY26 sales of ₹11,338 Cr, each day of that cycle ties up about ₹31.1 Cr, so roughly −₹4,038 Cr is tied up in the business at any time. FY26: customers took 24 days to pay and stock sat for 128 days, about 4.2 months of sales sitting as stock, for a full cycle of −130 days, shorter than FY21's −26. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 128 days. Customers pay about 24 days after that. Suppliers are paid at 282 days. Together that makes the −130-day cycle. Spending on assets: ₹4,275 Cr over the last 3 years, against ₹2,672 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹2,683 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Nuvoco Vistas Corporation's P/E ratio, and how does it compare with its own history? Nuvoco Vistas Corporation Ltd's P/E is 27.3×, near the low end of its own history: it has been lower only 15% of the time. Its usual P/E (the middle reading) is 47.9×, over 5 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹11.61. Why the multiple is where it is: over the past year earnings per share moved +1,549.2% while the price moved −18.5%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved −8.9% a year; about +21.1% a year came from earnings growth and about −30.0 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Nuvoco Vistas Corporation business getting better or worse? Nuvoco Vistas Corporation Ltd's business is giving mixed signals. Growth is slowing from a very fast pace: profit growth has eased from +818.8% at its peak to +51.5%, but the business is still expanding, with ROCE steady at 6.8%. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does Nuvoco Vistas Corporation earn on its capital? Nuvoco Vistas Corporation Ltd earned a ROCE of 7% in FY26. That is up from a low of 2% in FY23. Its return on capital used (ROIC) is 7.9 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 3.2% net margin and 0.56× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 3.2% net margin × 0.56× asset turnover × 2.17× leverage (assets divided by equity) ≈ 3.9% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 4.1% − 12.0% = −7.9 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Nuvoco Vistas Corporation have too much debt? Nuvoco Vistas Corporation Ltd has total debt of ₹5,568 Cr against shareholder equity of ₹10,451 Cr as of Sep 2026, so its debt is 0.53× its equity. Year by year, that ratio went from 0.63 in FY22 to 0.48 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Nuvoco Vistas Corporation shareholding pattern? Foreign institutions raised their stake in Nuvoco Vistas Corporation Ltd by 1.4 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 4.6% of the company. Domestic institutions moved −1.2 points over the same period, to 17.6%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: +1.4 points over 8 quarters, to 4.6%; Domestic institutions: −1.2 points over 8 quarters, to 17.6%; Promoters: +0.0 points over 8 quarters, to 72.0%. Why the owners changed: foreign institutions drove it (+1.4 points), with the other side taken by domestic institutions (−1.2 points). They raised their stake step by step. ## How far is Nuvoco Vistas Corporation from balance-sheet trouble? For Nuvoco Vistas Corporation Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Nuvoco Vistas Corporation rank in its industry? 49.1 out of 100, rank 10 of 26 in Cement, with 78% of the evidence available. Nuvoco Vistas Corporation Ltd scores 49.1 out of 100 against the 26 companies it is compared with in Cement, ranking 10. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 21.4 + 11.2 + 4.9 + 11.6 = 49.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Nuvoco Vistas Corporation compared with? Nuvoco Vistas Corporation ranks 10 of 26 Cement companies on the 4-Factor Sector Score, with 49.1 out of 100. 1. [NCL Industries Ltd](https://www.sectoralpha.in/stocks/ncl-industries-ltd) NCLIND · quiet · Most evidence points up · 96% evidence 72.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.2/35 · Revenue 3.7% · Profit 100% · Operating margin change -3 points · 88% evidence Capital efficiency 18.5/25 · ROCE 14.6% · Operating margin 12% · 100% evidence Valuation 20.0/20 · P/E 5.8× · PEG 0.14 · 100% evidence Relative strength 12.7/20 · Lead over its industry 3.5% · Lead over NIFTY 500 -9.2% · 1 year -19.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 21.2 + 18.5 + 20 + 12.7 = 72.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Star Cement Ltd](https://www.sectoralpha.in/stocks/star-cement-ltd) STARCEMENT · basing · Most evidence points up · 81% evidence 67.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.8/35 · Revenue 14.5% · Profit 55.1% · Operating margin change -4 points · 88% evidence Capital efficiency 22.5/25 · ROCE 16.6% · Operating margin 21% · 100% evidence Valuation 11.9/20 · P/E 18.3× · PEG 1.12 · 100% evidence Relative strength 9.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -14.1% · 1 year -33.4% · 25% evidence · 0 of 12 weeks ahead Exact sum: 23.8 + 22.5 + 11.9 + 9.5 = 67.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Rain Industries Ltd](https://www.sectoralpha.in/stocks/rain-industries-ltd) RAIN · losing its lead · Evidence leans up · 71% evidence 63.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.3/35 · Revenue 17% · Profit 100% · Operating margin change 5 points · 83% evidence Capital efficiency 10.8/25 · ROCE 8.3% · Operating margin 19% · 76% evidence Valuation 11.0/20 · P/E 12.2× · PEG n/a · 15% evidence Relative strength 14.0/20 · Lead over its industry 39.3% · Lead over NIFTY 500 23.4% · 1 year 45.4% · 100% evidence · 9 of 12 weeks ahead Exact sum: 27.3 + 10.8 + 11 + 14 = 63.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [UltraTech Cement Ltd](https://www.sectoralpha.in/stocks/ultratech-cement-ltd) ULTRACEMCO · turning · Evidence leans up · 67% evidence 62.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.0/35 · Revenue 16.9% · Profit 21.1% · Operating margin change 0 points · 95% evidence Capital efficiency 16.9/25 · ROCE 12.7% · Operating margin 16% · 76% evidence Valuation 10.1/20 · P/E 36.6× · PEG n/a · 50% evidence Relative strength 11.2/20 · Lead over its industry n/a · Lead over NIFTY 500 -0.3% · 1 year -7.6% · 25% evidence · 0 of 12 weeks ahead Exact sum: 24 + 16.9 + 10.1 + 11.2 = 62.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 5. [JSW Cement Ltd](https://www.sectoralpha.in/stocks/jsw-cement-ltd) JSWCEMENT · basing · Evidence leans up · 60% evidence 59.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.8/35 · Revenue 19.3% · Profit 100% · Operating margin change -4 points · 95% evidence Capital efficiency 12.3/25 · ROCE 11.1% · Operating margin 15% · 76% evidence Valuation 10.4/20 · P/E 20× · PEG n/a · 15% evidence Relative strength 10.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -1.6% · 1 year -15.3% · 25% evidence · 0 of 12 weeks ahead Exact sum: 25.8 + 12.3 + 10.4 + 10.8 = 59.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Birla Corporation Ltd](https://www.sectoralpha.in/stocks/birla-corporation-ltd) BIRLACORPN · basing · Evidence leans up · 85% evidence 53.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.7/35 · Revenue 3.3% · Profit 0.6% · Operating margin change -5 points · 100% evidence Capital efficiency 12.5/25 · ROCE 9.8% · Operating margin 9% · 100% evidence Valuation 18.6/20 · P/E 11.9× · PEG 0.33 · 100% evidence Relative strength 9.4/20 · Lead over its industry n/a · Lead over NIFTY 500 -15.4% · 1 year -34.1% · 25% evidence · 0 of 12 weeks ahead Exact sum: 12.7 + 12.5 + 18.6 + 9.4 = 53.2 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 7. [Shree Cement Ltd](https://www.sectoralpha.in/stocks/shree-cement-ltd) SHREECEM · basing · Evidence leans up · 100% evidence 51.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.2/35 · Revenue 14.3% · Profit -7.7% · Operating margin change -3 points · 100% evidence Capital efficiency 14.4/25 · ROCE 10.3% · Operating margin 17% · 100% evidence Valuation 5.4/20 · P/E 52.4× · PEG 3.8 · 100% evidence Relative strength 15.8/20 · Lead over its industry 9.7% · Lead over NIFTY 500 -3.8% · 1 year -18.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.2 + 14.4 + 5.4 + 15.8 = 51.8 · What this means: Relative strength against the index is -3.8%, and revenue and profit growth are weak. 8. [Mangalam Cement Ltd](https://www.sectoralpha.in/stocks/mangalam-cement-ltd) MANGLMCEM · losing its lead · Evidence leans up · 96% evidence 51.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.1/35 · Revenue 0.5% · Profit 90% · Operating margin change -5 points · 88% evidence Capital efficiency 10.3/25 · ROCE 11% · Operating margin 12% · 100% evidence Valuation 13.9/20 · P/E 18.6× · PEG 0.68 · 100% evidence Relative strength 14.2/20 · Lead over its industry 19.2% · Lead over NIFTY 500 5.3% · 1 year 13% · 100% evidence · 7 of 12 weeks ahead Exact sum: 13.1 + 10.3 + 13.9 + 14.2 = 51.5 · What this means: Relative strength against the index is 5.3%, and revenue and profit growth are weak. 9. [JK Lakshmi Cement Ltd](https://www.sectoralpha.in/stocks/jk-lakshmi-cement-ltd) JKLAKSHMI · quiet · Too little evidence to rank firmly · 56% evidence 49.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.5/35 · Revenue 8.7% · Profit 0.5% · Operating margin change -4 points · 83% evidence Capital efficiency 14.4/25 · ROCE 12% · Operating margin 14% · 76% evidence Valuation 10.8/20 · P/E 14.7× · PEG n/a · 15% evidence Relative strength 8.2/20 · Lead over its industry n/a · Lead over NIFTY 500 -24.9% · 1 year -47.8% · 25% evidence · 0 of 12 weeks ahead Exact sum: 16.5 + 14.4 + 10.8 + 8.2 = 49.9 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 10. Nuvoco Vistas Corporation Ltd this page NUVOCO · losing its lead · Evidence leans down · 78% evidence 49.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.4/35 · Revenue 10.6% · Profit 51.5% · Operating margin change 0 points · 100% evidence Capital efficiency 11.2/25 · ROCE 7% · Operating margin 15% · 100% evidence Valuation 4.9/20 · P/E 25.8× · PEG 8.14 · 65% evidence Relative strength 11.6/20 · Lead over its industry n/a · Lead over NIFTY 500 1.5% · 1 year -22.7% · 25% evidence · 5 of 12 weeks ahead Exact sum: 21.4 + 11.2 + 4.9 + 11.6 = 49.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Orient Cement Ltd](https://www.sectoralpha.in/stocks/orient-cement-ltd) ORIENTCEM · basing · Evidence leans down · 93% evidence 48.2 out of 100 Growth Capital Valuation Relative
12. [India Cements Ltd](https://www.sectoralpha.in/stocks/india-cements-ltd) INDIACEM · basing · Evidence leans down · 75% evidence 47.5 out of 100 Growth Capital Valuation Relative
13. [J K Cements Ltd](https://www.sectoralpha.in/stocks/j-k-cements-ltd) JKCEMENT · quiet · Evidence leans down · 85% evidence 47.3 out of 100 Growth Capital Valuation Relative
14. [K C P Ltd](https://www.sectoralpha.in/stocks/k-c-p-ltd) KCP · basing · Evidence leans down · 63% evidence 46.8 out of 100 Growth Capital Valuation Relative
15. [The Ramco Cements Ltd](https://www.sectoralpha.in/stocks/the-ramco-cements-ltd) RAMCOCEM · quiet · Evidence leans down · 81% evidence 44.2 out of 100 Growth Capital Valuation Relative
16. [Dalmia Bharat Ltd](https://www.sectoralpha.in/stocks/dalmia-bharat-ltd) DALBHARAT · quiet · Evidence leans down · 85% evidence 42.2 out of 100 Growth Capital Valuation Relative
17. [HeidelbergCement India Ltd](https://www.sectoralpha.in/stocks/heidelbergcement-india-ltd) HEIDELBERG · quiet · Evidence leans down · 100% evidence 41.7 out of 100 Growth Capital Valuation Relative
18. [ACC Ltd](https://www.sectoralpha.in/stocks/acc-ltd) ACC · quiet · Evidence leans down · 85% evidence 40.4 out of 100 Growth Capital Valuation Relative
19. [Ambuja Cements Ltd](https://www.sectoralpha.in/stocks/ambuja-cements-ltd) AMBUJACEM · basing · Evidence leans down · 82% evidence 35.7 out of 100 Growth Capital Valuation Relative
20. [BIGBLOC Construction Ltd](https://www.sectoralpha.in/stocks/bigbloc-construction-ltd) BIGBLOC · basing · Evidence leans down · 64% evidence 35.2 out of 100 Growth Capital Valuation Relative
21. [Sagar Cements Ltd](https://www.sectoralpha.in/stocks/sagar-cements-ltd) SAGCEM · quiet · Most evidence points down · 64% evidence 34.7 out of 100 Growth Capital Valuation Relative
22. [Deccan Cements Ltd](https://www.sectoralpha.in/stocks/deccan-cements-ltd) DECCANCE · quiet · Most evidence points down · 89% evidence 34.0 out of 100 Growth Capital Valuation Relative
23. [Saurashtra Cement Ltd](https://www.sectoralpha.in/stocks/saurashtra-cement-ltd) SAURASHCEM · quiet · Most evidence points down · 79% evidence 28.1 out of 100 Growth Capital Valuation Relative
24. [Shree Digvijay Cement Co. Ltd](https://www.sectoralpha.in/stocks/shree-digvijay-cement-co-ltd) SHREDIGCEM · quiet · Most evidence points down · 72% evidence 27.2 out of 100 Growth Capital Valuation Relative
25. [Shiva Cement Ltd](https://www.sectoralpha.in/stocks/shiva-cement-ltd) SHIVACEM · Too little evidence to rank firmly · 48% evidence 51.0 out of 100 Growth Capital Valuation Relative
26. [Prism Johnson Ltd](https://www.sectoralpha.in/stocks/prism-johnson-ltd) PRSMJOHNSN · basing · Too little evidence to rank firmly · 49% evidence 44.2 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Cement](https://www.sectoralpha.in/sectors/cement), all 26 compared on one page. ## Which companies are close to Nuvoco Vistas Corporation in size? Nuvoco Vistas Corporation is the 9th largest of 26 Cement companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: ACC, The Ramco Cements and JSW Cement. Just below it: India Cements, Star Cement and Rain Industries. ### Cement companies close in size

1. [ACC Ltd](https://www.sectoralpha.in/stocks/acc-ltd) ₹21,220 crore
2. [The Ramco Cements Ltd](https://www.sectoralpha.in/stocks/the-ramco-cements-ltd) ₹17,005 crore
3. [JSW Cement Ltd](https://www.sectoralpha.in/stocks/jsw-cement-ltd) ₹15,747 crore
4. Nuvoco Vistas Corporation Ltd ₹11,443 crore
5. [India Cements Ltd](https://www.sectoralpha.in/stocks/india-cements-ltd) ₹9,672 crore
6. [Star Cement Ltd](https://www.sectoralpha.in/stocks/star-cement-ltd) ₹6,916 crore
7. [Rain Industries Ltd](https://www.sectoralpha.in/stocks/rain-industries-ltd) ₹6,530 crore

[All 26 Cement companies, largest first](https://www.sectoralpha.in/sectors/cement#all-companies)

### Companies close in size in other industries

1. [Akums Drugs & Pharmaceuticals Ltd](https://www.sectoralpha.in/stocks/akums-drugs-pharmaceuticals-ltd) ₹11,517 crore · Pharma - Formulators
2. [Edelweiss Financial Services Ltd](https://www.sectoralpha.in/stocks/edelweiss-financial-services-ltd) ₹11,474 crore · Finance & Investments - Wholesale NBFC
3. Nuvoco Vistas Corporation Ltd ₹11,443 crore
4. [Shipping Corporation of India Ltd](https://www.sectoralpha.in/stocks/shipping-corporation-of-india-ltd) ₹11,384 crore · Shipping
5. [Manorama Industries Ltd](https://www.sectoralpha.in/stocks/manorama-industries-ltd) ₹11,338 crore · FMCG - Chocolate

## What else do people ask about Nuvoco Vistas Corporation? ### What is Nuvoco Vistas Corporation's share price today? Nuvoco Vistas Corporation Ltd's share price is ₹338.05, −18.5% over the past year. The whole company is worth ₹12,088 Cr on the market. In the last 52 weeks it traded between ₹286 to ₹382; today it is 54% of the way up from the low, 1.2% above its 200-day average (as of 3 November 2026). ### What were Nuvoco Vistas Corporation's latest quarterly results? Nuvoco Vistas Corporation Ltd reported revenue of ₹2,790 Cr and net profit of ₹65.0 Cr for the Sep 2026 quarter. Revenue rose 13.5% and profit rose 80.6% compared with a year earlier. Earnings per share were ₹1.83. The operating margin was 15.0%, 0.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Nuvoco Vistas Corporation's market cap? Nuvoco Vistas Corporation Ltd's market capitalisation is ₹12,088 Cr at a share price of ₹338.05. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Nuvoco Vistas Corporation performing? Nuvoco Vistas Corporation Ltd's share price has been falling for 4 weeks. In its latest quarter, revenue rose 13.5% and profit rose 80.6% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 1 week running (as of 3 November 2026). ### Will Nuvoco Vistas Corporation's share price go up? This page does not forecast Nuvoco Vistas Corporation Ltd's share price. What it shows instead: the share price is ₹338.05, and it has been falling for 4 weeks. Its P/E of 27.3× is higher than 15% of its own last 5 years (as of 3 November 2026). ### Does Nuvoco Vistas Corporation have too much debt? Nuvoco Vistas Corporation Ltd has a moderate amount of debt: its debt is 0.53× its equity, and its operating profit is 5 times its interest bill. FY26 borrowings were ₹4,916 Cr against equity of ₹9,342 Cr. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is Nuvoco Vistas Corporation in its business cycle? Nuvoco Vistas Corporation Ltd's FY26 operating margin was 16.0%, against a 10-year range of 11.0% to 20.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 15.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Nuvoco Vistas Corporation story? The main question: yearly earnings per share moved +1,549.2% while the share price moved −18.5%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Nuvoco Vistas Corporation a stock worth studying right now? What the numbers show: Nuvoco Vistas Corporation Ltd's earnings have grown faster than its share price. Earnings per share grew +1,549.2% in a year while the price moved −18.5%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Nuvoco Vistas Corporation share price forecast for 2026? What management itself guided: H2 cement demand: industry growth 7-8%, around 8% blended; Nuvoco volume growth 8-9% across North, West and East. This is research, not advice. We’re not SEBI-registered.