Nuvoco Vistas Corporation Limited

NSEI:NUVOCO Stock Report

Market Cap: ₹111.0b

Nuvoco Vistas Future Growth

Future criteria checks 3/6

Nuvoco Vistas is forecast to grow earnings and revenue by 21.8% and 8.9% per annum respectively. EPS is expected to grow by 23.4% per annum. Return on equity is forecast to be 5.9% in 3 years.

Key information

21.8%

Earnings growth rate

23.37%

EPS growth rate

Basic Materials earnings growth6.1%
Revenue growth rate8.9%
Future return on equity5.89%
Analyst coverage

Good

Last updated04 Jun 2026

Recent future growth updates

Analysis Article Jan 20

Nuvoco Vistas Corporation Limited Just Missed Earnings - But Analysts Have Updated Their Models

Last week saw the newest third-quarter earnings release from Nuvoco Vistas Corporation Limited ( NSE:NUVOCO ), an...

Recent updates

Narrative Update May 25

NUVOCO: Planned Gujarat Terminal And Renewable Investment Will Support Future Upside Potential

Analysts have revised their price target on Nuvoco Vistas from about ₹434 to roughly ₹399, reflecting updated assumptions around the discount rate, revenue growth, profit margin and future P/E. What's in the News A board meeting is scheduled for April 14, 2026 at 17:30 IST to consider and approve audited standalone and consolidated financial results for the year ended March 31, 2026 (company filing).
Narrative Update May 03

NUVOCO: Power Investment And Gujarat Terminal Plan Will Support Future Returns

Analysts now place Nuvoco Vistas' fair value price target at about ₹497, compared with the prior estimate of roughly ₹507, reflecting refreshed views on discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News The board meeting is scheduled on April 14, 2026, at 17:30 IST to consider and approve audited standalone and consolidated financial results for the year ended March 31, 2026 (company filing).
Narrative Update Apr 18

NUVOCO: Future Power Investment Will Support Long-Term Earnings Potential

Analysts have trimmed their price target for Nuvoco Vistas from about ₹529 to about ₹507, reflecting updated assumptions for the discount rate, revenue growth, profit margin and future P/E. What's in the News Board meeting scheduled for Apr 14, 2026 at 17:30 Indian Standard Time to consider and approve audited standalone and consolidated financial results for the year ended Mar 31, 2026 (company filing).
Narrative Update Mar 04

NUVOCO: Stable Outlook Will Anticipate Bullish Board Financial Review Outcomes

Analysts have maintained their price target for Nuvoco Vistas at ₹350, reflecting updated assumptions around discount rate, revenue growth, profit margin and future P/E that are broadly consistent with prior expectations. What's in the News Nuvoco Vistas has scheduled a Board meeting on Jan 15, 2026.
Narrative Update Feb 18

NUVOCO: Stable Fair Value Will Reflect Upcoming Board Financial Review

Analysts have maintained their price target for Nuvoco Vistas at ₹350.00. The latest update reflects slightly different assumptions on discount rate, revenue growth, profit margin and future P/E, which collectively support keeping the fair value estimate unchanged.
Narrative Update Feb 04

NUVOCO: Convertible Debenture Placement Will Support Future Upside Potential

Analysts have trimmed their fair value estimate for Nuvoco Vistas from ₹446.71 to ₹434.35, reflecting slightly adjusted assumptions on revenue growth, profit margins and future P/E multiples. What's in the News Board meeting scheduled on January 15, 2026, to consider unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025 (company filing) Planned private placement of convertible debentures for gross proceeds of ₹6b on November 14, 2025 (company filing) Valuation Changes Fair Value Estimate trimmed from ₹446.71 to ₹434.35 per share, implying a small reduction in the assessed equity value.
Narrative Update Jan 21

NUVOCO: Power Acquisition And Funding Moves Are Expected To Shape Prospects

Analysts have raised their price target on Nuvoco Vistas from ₹330 to ₹350, citing updated assumptions on the discount rate, revenue growth, profit margin and future P/E as the key drivers behind this change. What's in the News A board meeting is scheduled on January 15, 2026 to consider unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, along with limited review reports (Key Developments).
Analysis Article Jan 20

Nuvoco Vistas Corporation Limited Just Missed Earnings - But Analysts Have Updated Their Models

Last week saw the newest third-quarter earnings release from Nuvoco Vistas Corporation Limited ( NSE:NUVOCO ), an...
Narrative Update Jan 06

NUVOCO: Energy Acquisition And Convertible Debentures Will Support Future Upside

Analysts have kept their fair value estimate for Nuvoco Vistas steady at ₹446.71 per share, with only marginal tweaks to assumptions such as the discount rate and future P/E. This reflects updated views on risk and earnings quality rather than a shift in the overall price target.
Analysis Article Jan 05

With EPS Growth And More, Nuvoco Vistas (NSE:NUVOCO) Makes An Interesting Case

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Narrative Update Dec 18

NUVOCO: Planned Energy Acquisition Will Drive Future Upside Potential

Analysts have trimmed their price target on Nuvoco Vistas slightly, reducing fair value by about ₹0.90 per share as they factor in a marginally higher discount rate, slightly softer revenue growth expectations, and a modestly lower projected profit margin, which is only partially offset by a higher anticipated future P/E multiple. What's in the News Nuvoco Vistas plans a private placement of convertible debentures to raise INR 6,000 crore, providing funding flexibility for growth and balance sheet needs (company announcement).
Analysis Article Dec 09

Nuvoco Vistas Corporation Limited's (NSE:NUVOCO) P/E Still Appears To Be Reasonable

When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 25x, you may consider Nuvoco...
Narrative Update Dec 04

NUVOCO: Planned Energy Acquisition Will Drive Future Upside Potential

Analysts have trimmed their price target on Nuvoco Vistas slightly, from ₹449 to about ₹448. This reflects marginally higher discount rates and slightly softer assumptions for revenue growth and profit margins, even as future valuation multiples edge up.
Narrative Update Nov 20

NUVOCO: Upcoming Acquisitions And Board Actions Will Drive Positive Momentum

Narrative Update on Nuvoco Vistas Analysts have maintained the fair value estimate for Nuvoco Vistas at ₹449.06 per share, citing limited changes in underlying assumptions and minimal adjustments to the discount rate, revenue growth, profit margin, and future price-to-earnings ratio projections. What's in the News Nuvoco Vistas will issue convertible debentures via a private placement for gross proceeds of INR 6,000,000,000, scheduled for November 14, 2025 (Key Developments).
Narrative Update Nov 05

NUVOCO: Upcoming Acquisitions And Board Actions Will Drive Positive Momentum

Analysts have slightly raised their price target for Nuvoco Vistas, increasing it from ₹448.76 to ₹449.06. This change reflects marginal improvements in projected revenue growth and adjusted financial assumptions.
Analysis Article Nov 04

Calculating The Intrinsic Value Of Nuvoco Vistas Corporation Limited (NSE:NUVOCO)

Key Insights The projected fair value for Nuvoco Vistas is ₹401 based on 2 Stage Free Cash Flow to Equity With ₹409...
Narrative Update Oct 22

Analysts Raise Nuvoco Vistas Price Target Following Improved Revenue and Profit Margin Projections

Analysts have raised their price target for Nuvoco Vistas from ₹434.82 to ₹448.76, citing projected improvements in revenue growth and profit margins as key drivers for the upward revision. What's in the News The Board will meet on October 15, 2025 to consider and approve unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (Board Meeting).
Narrative Update Oct 08

India Urbanization And Vadraj Cement Integration Will Unlock Opportunities

Nuvoco Vistas Analyst Price Target Raised Amid Improved Growth Outlook Analysts have increased their price target for Nuvoco Vistas from ₹420.67 to ₹434.82. This change reflects greater confidence in the company's revenue growth and slight adjustments to key assumptions.
Analysis Article Sep 11

Returns At Nuvoco Vistas (NSE:NUVOCO) Appear To Be Weighed Down

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Aug 10

Investors Holding Back On Nuvoco Vistas Corporation Limited (NSE:NUVOCO)

NSEI:NUVOCO 1 Year Share Price vs Fair Value Explore Nuvoco Vistas's Fair Values from the Community and select yours...
Analysis Article Jul 19

Shareholders May Not Be So Generous With Nuvoco Vistas Corporation Limited's (NSE:NUVOCO) CEO Compensation And Here's Why

Key Insights Nuvoco Vistas will host its Annual General Meeting on 25th of July Total pay for CEO Jay Krishnaswamy...
Analysis Article Jun 20

Does Nuvoco Vistas (NSE:NUVOCO) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article May 04

Earnings Beat: Nuvoco Vistas Corporation Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Last week saw the newest full-year earnings release from Nuvoco Vistas Corporation Limited ( NSE:NUVOCO ), an important...
Analysis Article May 02

Investors Continue Waiting On Sidelines For Nuvoco Vistas Corporation Limited (NSE:NUVOCO)

There wouldn't be many who think Nuvoco Vistas Corporation Limited's ( NSE:NUVOCO ) price-to-sales (or "P/S") ratio of...
Analysis Article Mar 04

Does Nuvoco Vistas (NSE:NUVOCO) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
User avatar
New Narrative Feb 14

The Acquisition Of Vadraj Cement Will Expand Cement Capacity To 31 Million Tonnes By FY '27

Expansion through acquisitions and increased production capacity could significantly boost Nuvoco’s revenues and market position in the coming years.
Analysis Article Jan 25

Nuvoco Vistas Corporation Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

As you might know, Nuvoco Vistas Corporation Limited ( NSE:NUVOCO ) recently reported its third-quarter numbers. It was...
Analysis Article Jan 15

Nuvoco Vistas (NSE:NUVOCO) Will Be Hoping To Turn Its Returns On Capital Around

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
Analysis Article Dec 08

Estimating The Fair Value Of Nuvoco Vistas Corporation Limited (NSE:NUVOCO)

Key Insights The projected fair value for Nuvoco Vistas is ₹357 based on 2 Stage Free Cash Flow to Equity With ₹369...
Analysis Article Nov 16

Market Cool On Nuvoco Vistas Corporation Limited's (NSE:NUVOCO) Revenues

With a price-to-sales (or "P/S") ratio of 1.2x Nuvoco Vistas Corporation Limited ( NSE:NUVOCO ) may be sending bullish...
Analysis Article Oct 26

Here's What Analysts Are Forecasting For Nuvoco Vistas Corporation Limited (NSE:NUVOCO) After Its Interim Results

Nuvoco Vistas Corporation Limited ( NSE:NUVOCO ) missed earnings with its latest interim results, disappointing...
Analysis Article Sep 11

Investors Met With Slowing Returns on Capital At Nuvoco Vistas (NSE:NUVOCO)

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Analysis Article Aug 03

Earnings Miss: Nuvoco Vistas Corporation Limited Missed EPS By 91% And Analysts Are Revising Their Forecasts

Nuvoco Vistas Corporation Limited ( NSE:NUVOCO ) shareholders are probably feeling a little disappointed, since its...
Analysis Article Jun 25

Is Nuvoco Vistas (NSE:NUVOCO) Using Too Much Debt?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jun 04

There's Been No Shortage Of Growth Recently For Nuvoco Vistas' (NSE:NUVOCO) Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
Analysis Article May 04

Nuvoco Vistas Corporation Limited Just Missed Earnings - But Analysts Have Updated Their Models

Nuvoco Vistas Corporation Limited ( NSE:NUVOCO ) shareholders are probably feeling a little disappointed, since its...
Analysis Article Feb 29

Investors Met With Slowing Returns on Capital At Nuvoco Vistas (NSE:NUVOCO)

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article Feb 01

Nuvoco Vistas Corporation Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Investors in Nuvoco Vistas Corporation Limited ( NSE:NUVOCO ) had a good week, as its shares rose 8.5% to close at ₹361...
Analysis Article Jan 24

Does Nuvoco Vistas (NSE:NUVOCO) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Dec 28

Investors Continue Waiting On Sidelines For Nuvoco Vistas Corporation Limited (NSE:NUVOCO)

With a median price-to-sales (or "P/S") ratio of close to 1.6x in the Basic Materials industry in India, you could be...
Analysis Article Sep 28

Nuvoco Vistas' (NSE:NUVOCO) Returns On Capital Not Reflecting Well On The Business

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Analysis Article Aug 15

Calculating The Fair Value Of Nuvoco Vistas Corporation Limited (NSE:NUVOCO)

Key Insights The projected fair value for Nuvoco Vistas is ₹293 based on 2 Stage Free Cash Flow to Equity With ₹339...
Analysis Article Jun 12

Nuvoco Vistas Corporation Limited (NSE:NUVOCO) Might Not Be As Mispriced As It Looks

It's not a stretch to say that Nuvoco Vistas Corporation Limited's ( NSE:NUVOCO ) price-to-sales (or "P/S") ratio of...
Analysis Article May 16

Be Wary Of Nuvoco Vistas (NSE:NUVOCO) And Its Returns On Capital

There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
Analysis Article Feb 07

Nuvoco Vistas (NSE:NUVOCO) Might Be Having Difficulty Using Its Capital Effectively

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Nov 10

Nuvoco Vistas Corporation Limited (NSE:NUVOCO) Shares Could Be 42% Below Their Intrinsic Value Estimate

Does the November share price for Nuvoco Vistas Corporation Limited ( NSE:NUVOCO ) reflect what it's really worth...
Analysis Article Oct 14

Capital Allocation Trends At Nuvoco Vistas (NSE:NUVOCO) Aren't Ideal

What trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Analysis Article Aug 12

Nuvoco Vistas Corporation Limited Just Reported A Surprise Profit And Analysts Updated Their Estimates

As you might know, Nuvoco Vistas Corporation Limited ( NSE:NUVOCO ) recently reported its quarterly numbers. It looks...
Analysis Article Jul 23

Estimating The Intrinsic Value Of Nuvoco Vistas Corporation Limited (NSE:NUVOCO)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Nuvoco Vistas...

Earnings and Revenue Growth Forecasts

NSEI:NUVOCO - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/2029147,9346,9558,71520,0898
3/31/2028136,4545,4578,78619,17218
3/31/2027123,8223,9647,41516,53018
3/31/2026113,3833,5947,75514,852N/A
12/31/2025110,7383,845N/AN/AN/A
9/30/2025107,8192,738-1,85418,605N/A
6/30/2025105,9291,522N/AN/AN/A
3/31/2025103,5672189,78413,285N/A
12/31/2024102,479-433N/AN/AN/A
9/30/2024102,5954918,53413,715N/A
6/30/2024105,6391,358N/AN/AN/A
3/31/2024107,3291,47410,11215,925N/A
12/31/2023107,2802,481N/AN/AN/A
9/30/2023109,1161,41811,63717,686N/A
6/30/2023107,39299N/AN/AN/A
3/31/2023105,86215912,25117,114N/A
12/31/2022105,879-1,561N/AN/AN/A
9/30/2022101,485-1,66310,23913,745N/A
6/30/202297,675-617N/AN/AN/A
3/31/202293,1803218,10312,209N/A
12/31/202190,195405N/AN/AN/A
9/30/202190,8491,7047,93913,144N/A
6/30/202188,5031,797N/AN/AN/A
3/31/202174,888-25911,65717,173N/A
12/31/202066,801-297N/AN/AN/A
9/30/202056,104455N/AN/AN/A
6/30/202059,885760N/AN/AN/A
3/31/202067,9322,4934,58610,280N/A
12/31/201969,0451,831N/AN/AN/A
9/30/201966,6992,483N/AN/AN/A
6/30/201966,1511,870N/AN/AN/A
3/31/201970,526-238N/A8,464N/A
12/31/201866,042403N/AN/AN/A
9/30/201861,5501,045N/AN/AN/A
6/30/201861,2451,313N/AN/AN/A
3/31/201860,9411,581N/A9,511N/A
3/31/201751,5701,657N/A9,222N/A
3/31/201652,7852,309N/A6,599N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NUVOCO's forecast earnings growth (21.8% per year) is above the savings rate (6.9%).

Earnings vs Market: NUVOCO's earnings (21.8% per year) are forecast to grow faster than the Indian market (16.2% per year).

High Growth Earnings: NUVOCO's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NUVOCO's revenue (8.9% per year) is forecast to grow slower than the Indian market (10.8% per year).

High Growth Revenue: NUVOCO's revenue (8.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NUVOCO's Return on Equity is forecast to be low in 3 years time (5.9%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/08 23:13
End of Day Share Price 2026/06/08 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nuvoco Vistas Corporation Limited is covered by 35 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Ashwin MehtaAmbit Capital
Satyadeep JainAmbit Capital