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Diwali Pick- Nuvoco ,Major Players in Building Materials Space

Nuvoco Vistas Corporation Ltd is the 5th largest cement group in India and a leading player in East India. Below are key points about the company:

  • Installed Cement Capacity: 25 million metric tons (MMT), supported by 56 Ready-Mix Concrete (RMC) plants, making it a significant player in the building materials sector.
  • Diverse Product Portfolio: Nuvoco offers a wide range of products under its Modern Building Materials division, catering to different segments of the construction industry.
  • Strong Market Position: The company has market-leading brands that are widely recognized, with a strong market share and excellent brand recall among consumers.
  • Focus on Retail: A major part of its revenue comes from retail sales, driven by a robust distribution network, which includes a large network of dealers and retailers.
  • Strategically Located Facilities: Nuvoco’s production facilities are strategically placed close to raw material sources and key markets, enabling efficient logistics and cost-effective operations.

Innovative New Product Launches:

Concreto UNO Concrete: India’s first-ever hydrophobic concrete, designed to repel water and enhance durability.

Ecodure Thermal Insulated Concrete: An eco-friendly product that provides thermal insulation, keeping spaces cooler, making it ideal for sustainable construction.

    Tile Adhesive Growth: Nuvoco’s tile adhesive products continue to witness improving sales, contributing positively to the MBM segment.

    Non-Cement Channel Growth: The non-cement channel is experiencing growth, demonstrating the company’s diversification beyond its core cement offerings.

    Financial Position:

    • Net Debt: As of June 30, 2024, Nuvoco’s net debt stood at ₹4,358 crores.
    • Capital Expenditure (CAPEX): The company has projected CAPEX for FY’25 in the range of ₹300-400 crores, with around ₹100 crores already spent in Q1. This CAPEX will likely go towards capacity expansion, modernization, and new projects.

    Best Cement Company | Cement Suppliers Near Me – Nuvoco Vistas

    Technical Chart

    Disclaimer-

    It’s important to note that discussions like are for informational purposes only and should not be taken as specific We are not SEBI registered investment advisor. Whether analyzing a company’s financial health, examining market trends, or discussing technical chart patterns, the goal is to provide insights and perspectives that can help you make more informed decisions according to your own research and investment strategy. Always consider consulting with a financial advisor or conducting thorough personal research before making any investment decisions.

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