Nuvoco Vistas Corporation Limited

NSEI:NUVOCO Stock Report

Market Cap: ₹119.3b

Nuvoco Vistas Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Jay Krishnaswamy

Chief executive officer

₹97.8m

Total compensation

CEO salary percentage100.00%
CEO tenure7.9yrs
CEO ownershipn/a
Management average tenure7.8yrs
Board average tenure8.3yrs

Recent management updates

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...

Recent updates

Narrative Update • Aug 05

NUVOCO: Revised Assumptions Will Support Future Upside Potential

The analyst price target for Nuvoco Vistas has been revised from about ₹399 to about ₹436, with analysts highlighting updated assumptions on discount rate, revenue growth, profit margin and future P/E as key drivers of the change. What's in the News for Nuvoco Vistas Nuvoco Vistas approved the appointment of M/s.
Narrative Update • Jul 22

NUVOCO: Fair Outlook Will Balance Margin Risks And Board-Level Audit Changes

Analysts have adjusted their view on Nuvoco Vistas, raising the price target from ₹320.00 to ₹345.00. They cited updated assumptions around the discount rate, revenue growth, profit margin and future P/E as the key drivers of this change.
Analysis Article • Jul 16

If EPS Growth Is Important To You, Nuvoco Vistas (NSE:NUVOCO) Presents An Opportunity

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Narrative Update • Jul 08

NUVOCO: Fair Outlook Will Weigh Margin Risks Before Upcoming Board Review

The Nuvoco Vistas analyst price target has been revised from ₹350 to ₹320 as analysts factor in a lower profit margin outlook, along with updated assumptions for revenue growth, discount rate and future P/E. What's in the News for Nuvoco Vistas Nuvoco Vistas has scheduled a Board Meeting on Jul 13, 2026.
Narrative Update • Jun 24

NUVOCO: Gujarat Terminal And Clean Energy Investment Will Support Returns

Analysts have made a marginal downward tweak to the Nuvoco Vistas price target to ₹493.38, reflecting updated assumptions for discount rate, revenue growth, profit margin and future P/E that are broadly in line with prior expectations. What's in the News Nuvoco Vistas has scheduled a board meeting on April 14, 2026, at 17:30 IST to consider and approve the audited standalone and consolidated financial results for the year ended March 31, 2026.
Narrative Update • Jun 09

NUVOCO: Gujarat Terminal Development Will Support Future Returns

Analysts have nudged their fair value estimate for Nuvoco Vistas slightly lower from about ₹497 to around ₹494, linking the change to updated assumptions on the discount rate, revenue growth, profit margins and future P/E expectations. What's in the News A board meeting is scheduled for April 14, 2026, at 17:30 IST to review and approve audited standalone and consolidated financial results for the year ended March 31, 2026 (source: company filing).
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...
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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...

CEO Compensation Analysis

How has Jay Krishnaswamy's remuneration changed compared to Nuvoco Vistas's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

₹4b

Mar 31 2026₹98m₹98m

₹4b

Dec 31 2025n/an/a

₹4b

Sep 30 2025n/an/a

₹3b

Jun 30 2025n/an/a

₹2b

Mar 31 2025₹82m₹82m

₹218m

Dec 31 2024n/an/a

-₹433m

Sep 30 2024n/an/a

₹491m

Jun 30 2024n/an/a

₹1b

Mar 31 2024₹83m₹83m

₹1b

Dec 31 2023n/an/a

₹2b

Sep 30 2023n/an/a

₹1b

Jun 30 2023n/an/a

₹99m

Mar 31 2023₹71m₹71m

₹159m

Dec 31 2022n/an/a

-₹2b

Sep 30 2022n/an/a

-₹2b

Jun 30 2022n/an/a

-₹617m

Mar 31 2022₹64m₹64m

₹321m

Dec 31 2021n/an/a

₹405m

Sep 30 2021n/an/a

₹2b

Jun 30 2021n/an/a

₹2b

Mar 31 2021₹52m₹52m

-₹259m

Dec 31 2020n/an/a

-₹297m

Sep 30 2020n/an/a

₹455m

Jun 30 2020n/an/a

₹760m

Mar 31 2020₹47m₹47m

₹2b

Compensation vs Market: Jay's total compensation ($USD1.03M) is above average for companies of similar size in the Indian market ($USD502.66K).

Compensation vs Earnings: Jay's compensation has been consistent with company performance over the past year.

CEO

Jay Krishnaswamy (60 yo)

7.9yrs
Tenure
₹97,800,000
Compensation

Mr. Jayakumar Krishnaswamy, also known as Jay, BE, serves as Managing Director and Director at Nuvoco Vistas Corp. Ltd since September 17, 2018. He serves as Managing Director and Director at NU Vista Limi...

Leadership Team

NamePositionTenureCompensationOwnership
Jayakumar Krishnaswamy
MD & Director7.9yrs₹97.80mno data
Maneesh Agrawal
Chief Financial Officer8.8yrs₹22.02mno data
Bishnu Sharma
Head of Investor Relationsno datano datano data
Shruta Sanghavi
Senior VP7.7yrs₹8.01mno data
Manisha Kelkar
Chief Human Resources Officer6.6yrsno datano data
7.8yrs
Average Tenure

Experienced Management: NUVOCO's management team is seasoned and experienced (7.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Jayakumar Krishnaswamy
MD & Director7.9yrs₹97.80mno data
Kaushikbhai Patel
Non Independent Non Executive Director8.8yrs₹2.55m0.0028%
₹ 3.3m
Hirenbhai Patel
Non-Executive Chairman of the Board8.8yrsno data11.86%
₹ 14.1b
Shishir Desai
Independent Director3yrs₹2.33mno data
Bhavna Doshi
Non-Executive Independent Director9.6yrs₹2.35mno data
Achal Bakeri
Independent Director5.3yrs₹1.93mno data
8.3yrs
Average Tenure
68.5yo
Average Age

Experienced Board: NUVOCO's board of directors are considered experienced (8.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/12 18:03
End of Day Share Price 2026/08/12 00:00
Earnings2026/06/30
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

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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 39 analysts. 19 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