Nuvoco Vistas Corporation Ltd.
NSE: NUVOCONuvoco Vistas Corporation Ltd.: A 30-second snapshot
Nuvoco Vistas Corporation is a mid-sized cement manufacturer trading at Rs.326.8, currently 11.4% below its 200-day moving average and 31.6% off its 52-week high. The company carries an exceptionally high debt-to-equity ratio of 48.06, thin profit margins of 3.17%, and a 5-year earnings CAGR of -14.9%, positioning it at the bottom of its peer group on quality metrics. Forward PE compresses to 21.5x versus trailing 32.6x, reflecting consensus expectations of earnings improvement that have yet to materialise in recent quarters.
P/E
32.6
Forward P/E
21.5
ROE
+3.7%
Debt / Equity
48.06
Profit Margin
+3.2%
Div. Yield
—
5Y ROE > 15%
0/5
5Y FCF > 0
4/5
Quality
35/100
News
8 headlines · 2 positive · 1 negative
With petcoke, packaging prices up, Nuvoco Vistas may see cost escalations in H1FY27: MD - Moneycontrol.com
Moneycontrol.com
Stocks to buy in 2026 for long term: HDFC Life, Nuvoco Vistas among 5 stocks that could give 10-20% return - The Economic Times
The Economic Times
Suzlon Energy to Nuvoco Vistas: Why top brokerages are bullish on these 6 stocks with 15% to 50% upside potential - financialexpress.com
financialexpress.com
Nuvoco Vistas to Invest INR 26 Crore in CleanMax SPV for Hybrid Renewable Project - Energetica India Magazine
Energetica India Magazine
Nuvoco Vistas Corporation Schedules Investor/Analyst Meeting with Centrum on May 20, 2026 - scanx.trade
scanx.trade
Recent context
- ·The MD indicated in April 2026 that rising petcoke and packaging input costs are likely to weigh on profitability through H1 FY27, a direct near-term headwind to margins.
- ·Nuvoco announced a Rs.26 crore investment in a CleanMax renewable energy SPV in April 2026, reflecting a step toward reducing energy cost volatility over the longer term.
- ·An analyst/investor meeting was scheduled with Centrum on 20 May 2026, signalling ongoing institutional engagement despite the stock being below its 200-DMA.
Strengths
- +FCF positive in 4 of the tracked years, suggesting the business generates cash at the operating level even during periods of earnings weakness.
- +Forward PE of 21.5x represents a meaningful compression from the trailing 32.6x, implying the market is pricing in a material earnings recovery over the next 12 months.
- +Revenue has grown at a 5-year CAGR of 8.7%, indicating top-line expansion even as profitability remained under pressure.
- +The stock trades at a PE of 32.6x versus larger peers UltraTech (41.4x) and Shree Cement (51.4x), remaining at a discount relative to those sector leaders on a trailing earnings basis.
Weaknesses
- −D/E ratio of 48.06 is extreme for a non-financial company and far above cement sector peers, creating significant interest-burden drag on an already thin 3.17% net margin.
- −5-year earnings CAGR of -14.9% and ROE of 3.74% with zero years above 15% reflect a sustained inability to generate adequate returns on equity; quality score of 18/100 is lowest among 6 tracked cement peers.
- −Management has flagged petcoke and packaging cost escalations expected to persist into H1 FY27, compounding pressure on margins that have limited room to absorb further cost shocks.
- −Stock is 11.4% below the 200-DMA, down 3.95% over 12 months and 8.41% over the last 3 months, with the 52-week drawdown at -31.56%.
Open questions
- ?Does the 5-year earnings CAGR of -14.9% reflect a structural issue with the cost base and competitive positioning, or a cyclical trough specific to cement pricing and input cost cycles?
- ?At a D/E of 48.06, what is the debt repayment schedule and interest coverage ratio, and how sensitive is the income statement to further margin compression?
- ?The forward PE of 21.5x implies meaningful earnings growth - what specific operational or cost levers would need to materialise for that earnings uplift to occur?
- ?How does Nuvoco's regional market share and capacity utilisation compare to peers, and does its geographic footprint expose it to more or less demand volatility than sector leaders?
Peer comparison: Cement
Ranks 6 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| NUVOCO | Nuvoco Vistas Corporation Ltd.You're viewing | 32.6 | +3.7% | 18 |
| Industry avg | across 5 peers | 34.3 | +9.9% | 34 |
| SHREECEM | Shree Cement Ltd. | 51.4 | — | 39 |
| GRASIM | Grasim Industries Ltd. | 44.1 | — | 38 |
| AMBUJACEM | Ambuja Cements Ltd. | 22.7 | +8.3% | 32 |
| ACC | ACC Ltd. | 12.0 | +10.9% | 32 |
| ULTRACEMCO | UltraTech Cement Ltd. | 41.4 | +10.6% | 31 |
Technical state
Current price
₹326.80
SMA 50
₹301.53
SMA 200
₹368.90
RSI (14)
60.0 (neutral)
From 52w high
-31.6%
1Y return
-4.0%
3M return
-8.4%
50-DMA
Above
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highDebt-to-equity ratio of 48.06 is extreme for a non-financial company; even within the capital-intensive cement sector this implies substantial fixed debt-servicing obligations that amplify downside sensitivity to any volume or pricing weakness.
- high5-year earnings CAGR of -14.9% combined with ROE of 3.74% (zero years above 15% in persistence data) indicates sustained compression in shareholder returns; quality score of 18/100 ranks last (6th of 6) among the six tracked cement peers.
- mediumNet profit margin of 3.17% is thin; management flagged petcoke and packaging cost escalations expected to persist into H1 FY27, creating a near-term headwind to already narrow margins.
- mediumStock at Rs.326.8 is 11.4% below the 200-DMA of Rs.368.9 and has declined 3.95% over 12 months and 8.41% over 3 months; the 52-week drawdown stands at -31.56% with the nearest resistance cluster at Rs.329-Rs.340.
- lowAnalyst consensus rating is null despite 18 analysts tracked; the 1-5 scale numerical rating is unavailable, limiting quantitative read on sell-side positioning.
Cross-section contradictions
- FCF has been positive in 4 of the available years, yet 5-year earnings growth stands at -14.9% and ROE is 3.74% - cash generated at the operating level has not translated into meaningful equity returns, consistent with high debt-servicing costs absorbing operating cash flows.
- News sentiment registers neutral-to-positive (2 positive, 5 neutral, 1 negative) while the stock is down 31.56% from its 52-week high and below the 200-DMA - headline corporate actions are diverging from near-term financial performance.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 17 May 2026 · rotates through NIFTY 500 every ~5 days