Nuvoco Vistas Corporation Share Price Target 2025, 2026 to 2030

Nuvoco Vistas Corporation Limited, a key entity of the Nirma Group, is a leading player in India’s building materials sector, offering a diverse portfolio of high-quality products. The company manufactures cement with an impressive annual capacity of 25 million metric tons, producing Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), and Portland Slag Cement (PSC). Additionally, it provides tailored Ready-Mix Concrete (RMX) solutions and innovative Modern Building Materials (MBM) such as wall putty, dry plaster, and construction chemicals. With 11 cement plants, 58 RMX plants, and an extensive distribution network, Nuvoco ensures nationwide availability while emphasizing sustainability and innovation in its operations. Its efforts contribute significantly to India’s infrastructure and development landscape.

Latest News on Nuvoco Vistas Corporation

Incorporation of Vanya Corporation

Nuvoco Vistas Corporation has established a wholly owned subsidiary, Vanya Corporation, in India. This new entity is dedicated to manufacturing cementitious products, aligning with Nuvoco’s strategic expansion within the cement sector. Vanya Corporation has an authorized and paid-up share capital of ₹10,000, comprising 1,000 equity shares at ₹10 each. This move underscores Nuvoco’s commitment to enhancing its product offerings and operational capacity within its core business domain​.

Launch of Nuvo Setu App

In a significant step towards digital transformation, Nuvoco Vistas introduced the Nuvo Setu App. This platform aims to revolutionize customer experiences by streamlining operations for cement and modern building materials. It offers features such as seamless order placement, real-time tracking, and an integrated credit management system. The app highlights Nuvoco’s efforts to integrate technology into its operations, fostering efficiency and customer engagement.

Shareholdings Patterns of Nuvoco Vistas Corporation

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters +	71.78%	71.78%	72.02%	72.02%	72.02%
FIIs +	3.15%	3.05%	3.43%	3.50%	3.24%
DIIs +	19.96%	19.97%	18.59%	18.46%	18.86%
Public +	5.12%	5.19%	5.95%	6.03%	5.88%
No. of Shareholders	2,39,732	2,30,864	2,26,804	2,19,934	2,13,595

The shareholding pattern of Nuvoco Vistas Corporation between September 2023 and September 2024 illustrates a stable ownership structure with slight variations across categories. Promoters held a consistent majority, starting at 71.78% in September 2023 and rising marginally to 72.02% from March 2024 onwards, underscoring their strong commitment to the company. FIIs showed a fluctuating trend, increasing from 3.15% in September 2023 to 3.50% in June 2024, before decreasing slightly to 3.24% in September 2024. DIIs exhibited a gradual decline, holding 19.96% in September 2023 but decreasing to 18.46% in June 2024, with a minor recovery to 18.86% by September 2024. Public shareholding also grew modestly from 5.12% in September 2023 to 6.03% in June 2024, stabilizing at 5.88% by September 2024.

Notably, the number of shareholders decreased steadily over the period, dropping from 2,39,732 in September 2023 to 2,13,595 by September 2024.

How to Buy Nuvoco Vistas Corporation Shares in India?

Below are the trading platforms that you can use to purchase Nuvoco Vistas Corporation shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

Nuvoco Vistas Corporation Share Price Prediction: 2024 to 2030

Nuvoco Vistas Corporation Share Price Target 2024

When	Maximum Price	Minimum Price
December 2024	417.05	362.66

By December, the maximum price of Nuvoco Vistas Corporation is anticipated to reach ₹417.05, while the minimum price is projected to be ₹362.66 by December.

Nuvoco Vistas Corporation Share Price Target 2025

When	Maximum Price	Minimum Price
January 2025	421.22	324.02
February 2025	425.48	327.29
March 2025	434.41	334.16
April 2025	430.11	330.86
May 2025	417.59	321.22
June 2025	436.38	335.67
July 2025	427.82	329.09
August 2025	441.05	339.27
September 2025	446.34	343.34
October 2025	457.95	352.27
November 2025	469.40	361.08
December 2025	490.52	377.32

Nuvoco Vistas Corporation Share Price Prediction 2026

When	Maximum Price	Minimum Price
January 2026	505.24	388.64
February 2026	492.61	378.93
March 2026	502.46	386.51
April 2026	512.71	394.39
May 2026	507.64	390.49
June 2026	520.33	400.25
July 2026	510.12	392.40
August 2026	525.90	404.54
September 2026	536.42	412.63
October 2026	550.37	423.36
November 2026	564.13	433.94
December 2026	578.23	444.79

Nuvoco Vistas Corporation Share Price Target 2027

When	Maximum Price	Minimum Price
January 2027	584.01	449.24
February 2027	598.99	460.76
March 2027	622.35	478.73
April 2027	610.14	469.34
May 2027	592.37	455.67
June 2027	619.03	476.18
July 2027	606.89	466.84
August 2027	625.66	481.28
September 2027	647.56	498.12
October 2027	664.40	511.07
November 2027	681.01	523.85
December 2027	698.03	536.95

Nuvoco Vistas Corporation Share Price Target 2028

When	Maximum Price	Minimum Price
January 2028	711.99	547.69
February 2028	730.25	561.73
March 2028	758.73	583.64
April 2028	743.85	572.19
May 2028	722.18	555.53
June 2028	754.68	580.53
July 2028	739.89	569.14
August 2028	762.77	586.74
September 2028	789.47	607.28
October 2028	809.99	623.07
November 2028	830.24	638.65
December 2028	851.00	654.61

Nuvoco Vistas Corporation Share Price Prediction 2029

When	Maximum Price	Minimum Price
January 2029	868.02	667.71
February 2029	890.27	684.83
March 2029	924.99	711.53
April 2029	906.86	697.58
May 2029	880.44	677.26
June 2029	920.06	707.74
July 2029	902.02	693.86
August 2029	929.92	715.32
September 2029	962.47	740.36
October 2029	987.49	759.61
November 2029	1,012.18	778.60
December 2029	1,037.48	798.06

Nuvoco Vistas Corporation Share Price Target 2030

When	Maximum Price	Minimum Price
January 2030	1,058.23	814.03
February 2030	1,085.37	834.90
March 2030	1,127.70	867.46
April 2030	1,105.59	850.45
May 2030	1,073.38	825.68
June 2030	1,121.69	862.84
July 2030	1,099.69	845.92
August 2030	1,133.70	872.08
September 2030	1,173.38	902.60
October 2030	1,203.89	926.07
November 2030	1,233.99	949.22
December 2030	1,264.84	972.95

Financial Condition of Nuvoco Vistas Corporation

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales +	6,793	7,489	9,318	10,586	10,733	10,259
Expenses +	5,493	6,028	7,814	9,375	9,109	8,796
Operating Profit	1,301	1,460	1,504	1,211	1,624	1,463
OPM %	19%	20%	16%	11%	15%	14%
Other Income +	33	34	35	-393	33	33
Interest	419	664	570	512	533	516
Depreciation	528	794	918	951	919	881
Profit before tax	387	36	51	-645	206	99
Tax %	36%	171%	37%	-102%	28%
Net Profit +	249	-26	32	16	147	49
EPS in Rs	10.28	-0.82	0.9	0.44	4.13	1.38
Dividend Payout %	0%	0%	0%	0%	0%

Nuvoco Vistas Corporation has demonstrated varied financial performance over the years, with notable fluctuations in both sales and profits. In 2020, the company reported sales of ₹6,793 crore, which rose steadily to ₹7,489 crore in 2021. By 2022, this figure further grew to ₹9,318 crore. In 2023, the company’s sales reached ₹10,586 crore, maintaining a positive upward trend, though it was slightly higher at ₹10,733 crore in 2024, indicating a slight slowdown in growth. Despite these sales increases, the company faced challenges in maintaining profit levels, as evidenced by their operating profit margins (OPM). In 2020, Nuvoco achieved an OPM of 19%, but this fell to 11% in 2023 before recovering slightly to 15% in 2024.

On the profitability front, Nuvoco experienced some volatile results. In 2020, the company reported an operating profit of ₹1,301 crore, which increased to ₹1,504 crore in 2022. However, this profit dipped significantly in 2023, reaching just ₹1,211 crore. The net profit followed a similar trend, moving from ₹249 crore in 2020 to a loss of ₹26 crore in 2021. By 2022, net profit recovered slightly to ₹32 crore, but it remained low compared to earlier years. In 2024, the company posted a net profit of ₹147 crore, a substantial improvement over previous year. This reflected more effective cost management and operational improvements. The Earnings Per Share (EPS) also mirrored this recovery, rising from ₹10.28 in 2020 to ₹4.13 in 2024, a clear indicator of Nuvoco’s more positive financial standing.

However, the company’s overall financial performance was marred by issues such as negative other income in 2023, which amounted to ₹-393 crore. The company’s interest expenses and depreciation figures remained relatively consistent over these years, fluctuating between ₹419 crore and ₹533 crore for interest, and ₹528 crore to ₹951 crore for depreciation, reflecting the capital-intensive nature of the business. The company also maintained a 0% dividend payout throughout these years, indicating that Nuvoco chose to reinvest profits into the business rather than distributing them to shareholders. Although Nuvoco’s financial performance exhibited volatility, its strategic focus on expanding sales and improving profitability has allowed the company to stabilize and position itself for potential growth in the coming years.

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