Nuvoco Vistas: Company Business Portfolio Includes

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Nuvoco Vistas

Nuvoco Vistas Corp. Ltd, is the fifth-largest player in India and the largest cement
company in East India, in terms of capacity, with a consolidated capacity of 22.32
MMTPA

Nuvoco Vistas Corp. Ltd, a Nirma Group company, started operations in India in 1999 via
acquisitions. Nirma Group forayed into the cement business in 2014 through a greenfield cement
plant in Nimbol . Thereafter, The company has grown the cement business, through acquisition of
the Indian cement business of LafargeHolcim in 2016 and NU Vista (formerly Emami CementLimited)
in 2020. Today, The company has grown from being solely cement based to a building materials
company with a vision to ‘Build a Safer, Smarter and Sustainable World’.

The company has 11 Cement Plants in the states of West Bengal, Bihar, Odisha, Chhattisgarh and
Jharkhand in East India and Rajasthan and Haryana in North India comprising five integrated units,
five grinding units and one blending unit. Company Integrated plants are equipped with waste heat
recovery systems with a total capacity of 44.7 MW, solar power plants with a total capacity of 1.5
MW and captive power plants with a generation capacity of 105 MW, which generates 47.74% (on a
proforma basis) of our total power requirements.

The company’s Construction Development and Innovation Centre (CDIC) based in Mumbai is
accredited by NABL (ISO/IEC17025 : 2017 Standards) and serves as the incubation centre for
innovative products across the Cement, Ready-Mix Concrete and Modern Building Materials
businesses. It operates in a well-equipped facility spread across 17,500 square feet area for
developing and prototyping innovative products.

Company business portfolio includes


Cement
Cement portfolio includes Ordinary Portland Cement, Portland Slag Cement, Portland Pozzolana
Cement and Portland Composite Cement under leading brands like

Concreto Duraguard , PSC, Nirmax, Double Bull and Infracem


Ready-Mix Concrete (RMX)
RMX business enjoys a pan-Indian presence with nearly 50 Plants offering specialised products under
the brands Concreto, Artiste, InstaMix and X-Con that are also the proud contributors to the
landmark projects like Lodha World One, Amritsar Entry Gate, and the Metros.

Modern Building Materials (MBM)


MBM range of products is a key differentiator for us. It encompasses construction chemicals, tile
adhesives, wall putty, dry plaster, cover blocks and ready-mix dry mixture that are marketed and
sold under the brands ‘Zero M’ and ‘Instamix’.

Category of Shareholders % of Share Capital


Promoters 89.99%

Promoter Group 5.25%


Promoter Selling Shareholder* 82.43%

NUVOCO VISTAS CORPORATION LTD FINANCIALS


(In Rs. Millions, except per share data)
Particulars Fiscal Fiscal 2020 Fiscal 2019
2021
Equity Share Capital 3,150.89 2,423.62 2,000.00

Net Worth 73,237.21 52,792.56 49,882.66

Revenue 74,888.40 67,932.39 70,521.34

Profit/(loss) after tax (259.19) 2,492.55 (264.88)

EPS (basic) (Rs.) (0.82) 10.28 (1.09)

EPS (diluted) (Rs.) (0.82) 10.28 (1.09)

NAV per equity share(Rs.) 232.43 217.83 249.41

Total borrowings 76,420.02 44,632.71 46,258.90

Competitive Strengths

Largest cement manufacturing company in


East India in terms of total capacity
Nuvoco Vistas the largest cement manufacturer in East
India and the fifth largest cement manufacturer in India in
terms of capacity (Source: CRISIL Report). The company
has a capacity share of approximately 17% in terms of
consolidated capacity in East India and has a capacity
share of approximately 4.7% in terms of consolidated
capacity in North India. With a consolidated capacity of
22.32 MMTPA, the company owns 4.2% of the industry’s
installed capacity in India as of December 2020. The
location of their plants allows the company to maintain
their leadership position in East India while growing the
business in North India. The company also has a third-
party procurement agreement for manufacturing and
packaging certain cement products in the State of Uttar
Pradesh, thereby establishing a presence in the high
growth market of Central India.

1. Market-leading brands that enhances leadership with strong brand recognition


2. Strategically located cement production facilities in close proximity to key markets
3. Strong research and development and technological capabilities
4. Extensive sales, marketing and distribution network with diversified product portfolio

Strategies Going Forward


 Consolidate and grow the market share in East, North and Central India
 Focus on operational efficiencies & expanding manufacturing capabilities
 Increase the portfolio of premium products and profit margins

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