Nuvoco Vistas FY26 Earnings, Expansion

Nirma, a leading Indian building materials company, announced impressive financial results for the fiscal year ending March 31, 2026. The company's Profit After Tax (PAT) significantly increased to ₹360 crore from ₹22 crore in the previous fiscal year. Consolidated sales volume grew by 5% year-on-year to 20.4 million metric tonnes, with total income reaching ₹11,362 crore, a 10% increase. EBITDA surged by 35% to ₹1,881 crore. Nirma is actively pursuing expansion projects, including the operationalization of clinker and grinding units at Vadraj Cement facilities from Q3 FY27, and a 4 MMTPA capacity increase in the East by FY28, aiming for a total cement capacity of approximately 35 MMTPA. Additionally, a new bulk cement terminal with a 1.5 MMTPA handling capacity is planned for Viramgam, Sachana, Gujarat, by FY28. The company's premium products now account for 43% of trade volumes, and its RMX business launched 'Concreto Tri Shield'. Managing Director Jayakumar Krishnaswamy highlighted the solid growth and strategic focus on premiumisation and cost optimization, acknowledging potential impacts from geopolitical uncertainties on fuel and raw material costs.