Is Nuvoco Vistas Corporation a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Nuvoco Vistas Corporation Ltd is a average quality company .

Is Nuvoco Vistas Corporation undervalued or overvalued?

The key valuation ratios of Nuvoco Vistas Corporation Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone .

What is Nuvoco Vistas Corporation share price return in the past 10 years?

Data is not available for this company

Is Nuvoco Vistas Corporation a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Nuvoco Vistas Corporation Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Nuvoco Vistas Corporation?

The latest standalone P/E ratio of Nuvoco Vistas Corporation as of 04-Nov-2024 is 151.56.

What is the P/B ratio of Nuvoco Vistas Corporation?

The latest standalone P/B ratio of Nuvoco Vistas Corporation as of 04-Nov-2024 is 1.40.

Nuvoco Vistas Corporation Ltd - Stock Valuation and Financial Performance

Name: Nuvoco Vistas Corporation
Brand: Nuvoco Vistas Corporation

BSE: 543334 | NSE: NUVOCO | Cement & Construction Materials | Small Cap

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Nuvoco Vistas Corpor Share Price

₹358.35 -1.20 -0.33%
as on 04-Nov'24 15:33

10 Year X-Ray of Nuvoco Vistas Corpor:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	8.5%	9.9%	6.7%	7.8%	5.2%	8.3%	5.4%	4%	-0.1%	4.8%	-
Value Creation Index ⓘ	-0.4	-0.3	-0.5	-0.4	-0.6	-0.4	-0.6	-0.7	-1.0	-0.7	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	5,287	5,279	5,157	6,094	7,053	6,793	5,805	7,342	8,582	8,939	8,662
Sales YoY Gr.	-	-0.2%	-2.3%	18.2%	15.7%	-3.7%	-14.5%	26.5%	16.9%	4.2%	-
Adj EPS ⓘ	11.6	5.6	11.2	9.3	-2.1	9.7	0.4	1.4	7.3	4.1	2.4
YoY Gr.	-	-52%	101.3%	-17.5%	-123.1%	NA	-96.2%	281.1%	414.2%	-43.6%	-
BVPS (₹) ⓘ	87.2	92.1	263.3	274.5	249.7	217.8	234	249	251.5	255.8	254.9
Adj Net Profit ⓘ	531	255	168	139	-42.7	235	11.8	50.4	259	146	84
Cash Flow from Ops. ⓘ	587	660	922	951	846	1,028	1,386	835	1,023	1,048	-
Debt/CF from Ops. ⓘ	1.4	0.5	4.7	4.6	5.5	4.3	4	4.3	3.1	2.8	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	6%	4.9%	15.5%	4.2%
Adj EPS ⓘ	-11%	NA	122.8%	-43.6%
BVPSⓘ	12.7%	0.5%	3%	1.7%
Share Price	-	-	-12.7%	5.1%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	12.5	6.2	4.1	3.5	-0.9	4.6	0.2	0.6	2.9	1.6	0.9
Op. Profit Mgn % ⓘ	15.5	13.6	14.1	16.2	12.8	19.1	19.3	14.2	9.6	12.3	12.2
Net Profit Mgn % ⓘ	10	4.8	3.3	2.3	-0.6	3.5	0.2	0.7	3	1.6	1
Debt to Equity ⓘ	0.2	0.1	1.1	1.1	0.9	0.9	0.8	0.4	0.4	0.3	0.2
Working Cap Days ⓘ	92	105	107	105	106	121	167	148	137	113	42
Cash Conv. Cycle ⓘ	7	10	1	0	9	12	11	7	4	-2	-40

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 15.48%

Net Profit is growing at healthy rate in last 3 years 122.76%

Return on Equity has declined versus last 3 years average to 0.90%

Sales growth is not so good in last 4 quarters at -2.48%

Latest Financials - Nuvoco Vistas Corporation Ltd.

	Standalone	Consolidated
TTM EPS (₹)	2.4	1.4
TTM Sales (₹ Cr.)	8,662	10,259
BVPS (₹.) ⓘ	254.9	249.2
Reserves (₹ Cr.) ⓘ	8,746	8,544
P/BV ⓘ	1.40	1.43
PE ⓘ	151.56	259.55

From the Market
52 Week Low / High (₹)	292.00 / 398.55
All Time Low / High (₹)	260.00 / 577.50
Market Cap (₹ Cr.)	12,731
Equity (₹ Cr.)	357.2
Face Value (₹)	10
Industry PE ⓘ	48.6

Management X-Ray of Nuvoco Vistas Corpor:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Nuvoco Vistas Corpor

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Analyst's Notes

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Key Ratios of Nuvoco Vistas Corpor

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	5,287	5,279	5,157	6,094	7,053	6,793	5,805	7,342	8,582	8,939
Operating Expenses ⓘ	4,468	4,565	4,429	5,106	6,149	5,496	4,685	6,304	7,762	7,840
Manufacturing Costs	1,537	1,542	1,420	1,639	2,095	1,862	1,569	2,204	2,724	2,321
Material Costs	1,116	1,091	1,154	1,270	1,445	1,230	1,067	1,755	2,423	2,782
Employee Cost	271	300	290	320	381	405	404	456	481	557
Other Costs ⓘ	1,544	1,632	1,564	1,877	2,229	2,000	1,646	1,889	2,133	2,180
Operating Profit ⓘ	819	714	728	989	903	1,297	1,120	1,038	820	1,100
Operating Profit Margin (%)	15.5%	13.5%	14.1%	16.2%	12.8%	19.1%	19.3%	14.1%	9.5%	12.3%
Other Income ⓘ	38	39	29	54	53	37	83	116	98	120
Interest ⓘ	144	88	231	425	452	419	517	401	353	368
Depreciation ⓘ	366	250	313	392	485	528	587	652	696	644
Exceptional Items ⓘ	-60	-43	-18	0	0	0	0	0	-238	0
Profit Before Tax ⓘ	287	372	196	226	19	387	99	101	-370	208
Tax ⓘ	-212	141	30	68	43	138	77	46	-461	55
Profit After Tax	499	231	166	158	-24	249	23	55	90	153
PAT Margin (%)	9.4%	4.4%	3.2%	2.6%	-0.3%	3.7%	0.4%	0.8%	1.1%	1.7%
Adjusted EPS (₹)	10.9	5.1	11.0	10.5	-1.2	10.3	0.7	1.5	2.5	4.3
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	3,979	4,205	3,949	4,117	4,994	5,279	7,372	8,893	8,984	9,135
Share Capital ⓘ	456	456	150	150	200	242	315	357	357	357
Reserves ⓘ	3,522	3,748	3,799	3,967	4,794	5,037	7,057	8,536	8,627	8,778
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	300	303	4,314	4,373	4,626	3,593	3,894	2,771	2,223	2,065
Long Term Debt	300	150	4,298	3,206	3,318	2,931	3,894	2,771	2,223	2,065
Short Term Debt	0	153	16	1,168	1,308	661	0	0	0	0
Trade Payables	588	626	740	681	765	786	666	870	1,118	1,226
Others Liabilities ⓘ	1,565	1,060	2,282	2,452	2,826	3,787	4,840	4,101	4,097	4,025
Total Liabilities ⓘ	6,433	6,193	11,285	11,624	13,210	13,444	16,773	16,635	16,421	16,451
Fixed Assets
Gross Block	6,578	6,860	12,713	12,866	13,877	14,499	14,834	16,009	16,324	16,924
Accumulated Depreciation	2,419	2,647	3,798	4,178	4,035	4,530	5,049	5,665	6,264	6,770
Net Fixed Assetsⓘ	4,159	4,213	8,915	8,688	9,842	9,969	9,786	10,344	10,060	10,154
CWIP ⓘ	247	124	143	144	605	647	961	144	305	219
Investmentsⓘ	0	0	412	844	456	0	2,581	2,457	2,271	3,501
Inventories	440	458	361	430	585	603	502	768	707	666
Trade Receivables	458	523	444	415	500	506	387	459	607	697
Cash Equivalents	298	171	77	43	125	511	443	93	180	85
Others Assetsⓘ	830	703	933	1,059	1,098	1,208	2,113	2,370	2,290	1,130
Total Assets ⓘ	6,433	6,193	11,285	11,624	13,210	13,444	16,773	16,635	16,421	16,451

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	587	660	922	951	846	1,028	1,386	835	1,023	1,048
PBT ⓘ	287	372	196	226	19	387	99	101	-370	208
Adjustment ⓘ	336	305	522	741	867	940	1,016	980	1,230	916
Changes in Working Capital ⓘ	-5	35	264	75	-23	-199	310	-190	185	-47
Tax Paid ⓘ	-138	-51	-60	-91	-16	-100	-39	-57	-22	-29
Cash Flow From Investing Activity ⓘ	-207	-195	-529	-602	-149	-313	-3,799	-209	-135	-410
Capex	-274	-228	-141	-217	-581	-569	-516	-365	-353	-416
Net Investments	12	13	-396	-391	418	245	-73	124	215	5
Others ⓘ	55	20	8	6	14	11	-3,210	32	3	1
Cash Flow From Financing Activityⓘ	-218	-592	-503	-383	-636	-559	2,575	-981	-774	-733
Net Proceeds from Shares ⓘ	0	0	0	-21	0	0	1,600	1,500	0	0
Net Proceeds from Borrowing ⓘ	73	0	0	0	-400	-220	1,067	-2,002	-351	-269
Interest Paid ⓘ	-105	-92	-203	-366	-385	-358	-488	-361	-307	-336
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-186	-500	-300	4	148	19	396	-118	-116	-128
Net Cash Flow ⓘ	161	-127	-110	-34	61	156	162	-355	115	-95

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	11.8	5.64	4.06	3.92	-0.52	4.85	0.36	0.68	1.01	1.69
ROCE (%)	8.53	9.89	6.69	7.77	5.21	8.33	5.44	3.96	-0.14	4.75
Asset Turnover Ratio	0.9	0.94	0.67	0.55	0.57	0.51	0.38	0.49	0.58	0.6
PAT to CFO Conversion(x)	1.18	2.86	5.55	6.02	N/A	4.13	60.26	15.18	11.37	6.85
Working Capital Days
Receivable Days	21	30	30	25	24	27	28	19	20	24
Inventory Days	24	28	26	23	26	32	35	28	28	25
Payable Days	161	203	216	204	183	230	248	160	150	154

Nuvoco Vistas Corporation Ltd Stock News

Nuvoco Vistas Corporation Ltd FAQs

What is the share price of Nuvoco Vistas Corpor?

Company share prices are keep on changing according to the market conditions. The closing price of Nuvoco Vistas Corpor on 04-Nov-2024 15:33 is ₹358.4.

What is the market cap of Nuvoco Vistas Corpor?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Nov-2024 15:33 the market cap of Nuvoco Vistas Corpor stood at ₹12,730.8.

What is the P/E ratio of Nuvoco Vistas Corpor?

The latest P/E ratio of Nuvoco Vistas Corpor as of 04-Nov-2024 15:33 is 151.6.

What is the P/B ratio of Nuvoco Vistas Corpor?

The latest P/B ratio of Nuvoco Vistas Corpor as of 04-Nov-2024 15:33 is 1.40.

What is the 52-week high and low of Nuvoco Vistas Corpor?

The 52-week high of Nuvoco Vistas Corpor is ₹398.6 and the 52-week low is ₹292.0.

What is the TTM revenue of Nuvoco Vistas Corpor?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Nuvoco Vistas Corpor is ₹8,662 ( Cr.) .

About Nuvoco Vistas Corporation Ltd

Nuvoco Vistas Corporation is the fifth largest cement company in India and the largest cement company in East India in terms of capacity. It is one of the leading ready-mix concrete manufacturers in India. The company’s Cement Plants are strategically located with road and rail connectivity to its key markets of East India and North India. Its plants are also located in proximity to its limestone reserves and other raw materials, such as slag and fly ash. It transport clinker from its integrated cement plants to its grinding units via rail and road. Gypsum, coal, slag and pet coke, which are essential raw materials for the manufacture of cement and generation of power for its captive power plants, are sourced via rail and road. It has captive railway sidings at six of its plants, these give it a significant competitive advantage in transporting raw materials and finished products from these plants.

The company distributes its products through the trade segment, which mainly caters to individual home buyers (Trade Segment), and the non-trade segment, which is mainly via direct sales to institutional and bulk buyers. Its focus is on the Trade Segment, where its distribution channels are a mix of wholesale and retail dealers and a sub-dealer network. It has developed strong relationships with its channel partners over the years and built a loyal base of customers across its operational markets with the aim to achieve both its customers’ and its own growth objectives. It operates through a range of distribution channels and direct sales to improve its reach to customers.

Business area of the company

The company is the fifth-largest player in India and the largest cement company in East India, in terms of capacity. It offers a range of over 50 products across cement, RMX and modern building materials. Its diversified portfolio includes products and brands as follows:

Cement: The company’s cement portfolio includes different types of Cement like Ordinary Portland Cement (OPC), Portland Slag Cement (PSC), Portland Pozzolana Cement (PPC) and Portland Composite Cement (PCC). As a part of its cement portfolio it has leading brands with multiple products under each brand including Concreto, Duraguard, Premium Slag Cement, Nirmax, Double Bull, Infracem and Procem. Our key brands include Concreto, Concreto Green, Duraguard, Duraguard Microfiber, Duraguard Waterseal, Duraguard Silver, Duraguard Rapidx Xtra, Premium Slag Cement, Nirmax Cement, Infracem Cement, Double Bull Cement, Procem Cement, Double Bull Master and Double Bull Subh. After being launched in 2004 Concreto has been one its best-selling brands, while Concreto and Duraguard are market leaders in terms of cement prices in the respective segment as well as regions.
Ready Mix Concrete (RMX): The company’s brand portfolio in its ready-mix concrete business includes Concreto, Instamix, Artiste and X-Con range of products. This portfolio includes products such as self-compacting concrete, decorative concrete, ready-to-use concrete, crack-resistant concrete, concrete with steel fibers, and lean concrete, as well as concrete with varied characteristics for specialty uses.
Modern Building Materials: The company’s modern building material products are a key differentiator for it. Its suite of products under this category include a range of construction chemicals, tile adhesives, wall putty, dry plaster, cover blocks and ready-mix dry concrete. Its modern building material products are marketed and sold under the ‘Zero M’ and ‘Instamix’ brands.

Awards, accreditations and recognitions

2014: The company received the “Golden Peacock Occupational Health & Safety Award 2014” awarded by the Golden Peacock Awards, instituted by the Institute of Directors, India.
2016: Received the “SHE Excellence Awards (Safety, Health & Environment) 2015-2016” for the Mejia Cement Plant having significant controls over hazardous processes in the category of large scale manufacturing (up to 3,000 employees) awarded by the Confederation of Indian Industry (Eastern Region).
2016: Received the “17th National Award for Excellence in Energy Management 2016” recognising the Mejia Cement Plant as “Energy Efficient Unit” at the National Competition for Excellence in Energy Management organised by the Confederation of Indian Industry at Hyderabad.
2017: Received the “FICCI Corporate Social Responsibility Award 2016-2017-Special Jury Commendation” recognising the commendable work done by our Company as a socially responsible company.
2018: Received the “5th CSR Impact Award” in the category of women empowerment at the India CSR Summit and Exhibition, New Delhi.
2018: Received the “19th National Award for Excellence in Energy Management 2018” recognising the Mejia Cement Plant as “Energy Efficient Unit” at the National Award for Excellence in Energy Management organised by the Confederation of Indian Industry at Hyderabad.
2019: Received the “OHSSAI OH & S Award” at the OSHAI 4th Annual HSE Excellence & Sustainability Awards, 2019.
2019: Received the “Special Commendation for Golden Peacock Occupational Health & Safety Award 2019” for the Chittorgarh Cement Plant awarded by the Golden Peacock Awards, instituted by the Institute of Directors, India.
2020: Received the “Golden Peacock Innovative Product/ Service Award” awarded by the Golden Peacock Awards, instituted by the Institute of Directors, India.
2020: Received the certificate of accreditation for the Construction Development & Innovation Centre (CDIC) from the National Accreditation Board for Testing and Calibration Laboratories.
2020: Received the “Factory Safety Award Programme - 2020” for the Chittorgarh Cement Plant in the large category awarded by the Inspection Department of Factories and Boilers, Government of Rajasthan.

Major events and milestones

1999: Commenced its operations with the acquisition of the cement business of the Tata Iron and Steel Company Limited, including the Jojobera Cement Plant and Sonadih Cement Plant.
2002: Acquired the cement business of Raymond Limited, including the Arasmeta Cement Plant.
2008: The company (through an erstwhile group entity) acquired the ready-mix concrete business of Larsen & Toubro Limited.
2009: Commenced operations at the Mejia Cement Plant.
2009: Commissioned a new clinker line at the Sonadih Cement Plant.
2010: The Company (through an erstwhile group entity) commenced the supply of ready-mix concrete for World One building at Mumbai, Maharashtra.
2012: Inauguration of Construction Development & Innovation Centre (CDIC) at Mumbai, Maharashtra.
2013: Commenced operations at the Chittorgarh Cement Plant.
2014: Commenced operations at the Bhiwani Cement Plant.
2014: Supplied concrete for the construction of Nazrul Tirtha at Kolkata, West Bengal.
2014: Supplied concrete for the construction of the Swami Narayan Temple at Kolkata, West Bengal.
2015: The company commenced the supply of concrete to the metro railway project at Noida, Uttar Pradesh.
2016: Nirchem Cement, an erstwhile wholly-owned subsidiary of Nirma, acquired all the Equity Shares held by Lafarge group in the company.
2017: Commenced the supply of concrete to the metro railway project at Mumbai, Maharashtra.
2017: The name of Company was changed to “Nuvoco Vistas Corporation Limited”.
2019: The company commissioned its first captive power plant and waste heat recovery power plant in the Chittorgarh Cement Plant.
2020: The company acquired NU Vista as a wholly-owned subsidiary.
2020: The cement undertaking of Nirma Limited located at Nimbol, Rajasthan was amalgamated with the Company.