Incorporated in 1999, Nuvoco Vista Corporation Ltd, a part of Nirma Group Company is among one of the largest cement companies and concrete manufacturers in India. It offers a diversified range of products such as cement, Ready-mix Concrete (RMX), and modern building materials i.e. adhesives, wall putty, dry plaster, cover blocks, and more. The company sells its products in the trade segment (individual home buyers) and non-trade segment (institutional and bulk buyers). It has a strong distribution network with 15,969 dealers and 225 CFAs.
Its cement plants are located in the states of West Bengal, Bihar, Odisha, Chhattisgarh, and Jharkhand in East India and Rajasthan and Haryana in North India with an aggregated installed capacity of 22.32 MMTPA.
Competitive strengths:
Largest cement manufacturer in East India in terms of total capacity.
Strategically located cement plants with close proximity to key markets.
Strong brand recognition and a large distribution network.
Experienced promoters and managers team.
Company Promoters:
Niyogi Enterprises Pvt Ltd and Dr. Karsanbhai K Patel are the company promoters.
Company Financials
Particulars
For the year/period ended (₹ in million)
Summary of financial Information (Restated Consolidated)
31-Dec-20
31-Mar-20
31-Mar-19
31-Mar-18
Total Assets
1,95,979.76
1,34,443.22
1,32,617.03
1,33,037.82
Total Revenue
48,794.31
68,299.44
71,058.88
69,117.16
Profit After Tax
(634,52)
2,492.55
(264.88)
875.43
Objects of the Issue:
To repay/prepay/redeem borrowings availed by the firm fully or partially.
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