Cement Giant’s New Move: Announces Major Gujarat Project

Sagar DSIJ/ 15 Apr 2026 /Categories: Mindshare, Trending

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Cement Giant’s New Move: Announces Major Gujarat Project

Approves bulk cement terminal with rail connectivity; targets commissioning by FY28

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On Wednesday, Indian markets closed on a positive note, with the Nifty 50 rising 1.63 per cent to 24,231.30, up 388.65 points from the previous close. Amid this positive market sentiment, Nuvoco Vista’s share price closed at Rs 304.95, down 0.57 per cent from the previous close.

Nuvoco Vista Corporation Ltd has announced that its Board of Directors has approved the setting up of a bulk cement terminal at Viramgam, Sachana in Gujarat. The proposed terminal will have a handling capacity of around 1.5 million metric tonnes per annum (MMTPA) and will include a dedicated Railway siding. The facility is aimed at improving operational efficiency by enabling faster unloading, storage, and dispatch of both loose and packed cement. With streamlined Logistics, the terminal is expected to act as a key distribution hub, helping the company strengthen its presence across the Gujarat market.

The company has indicated that the project is expected to be commissioned by the financial year 2027-28. Alongside this development, the company has reported strong operational performance. It achieved its highest-ever consolidated sales volume of 20.4 million tonnes, reflecting a 5 per cent year-on-year growth. Revenue and profitability also reached record levels, supported by better pricing and operational efficiency.

The company’s premium product mix continued to improve, contributing 43 per cent to overall sales, while the trade segment accounted for 74 per cent. Earnings before interest, Tax, depreciation, and amortisation (EBITDA) saw a sharp growth of 35 per cent year-on-year. For the fourth quarter, consolidated volume stood at 6 million tonnes, also marking a 5 per cent growth. Profitability remained strong, with EBITDA increasing 6 per cent year-on-year, making it the company’s most profitable quarter.

About the company:
Nuvoco Vista Corporation Ltd is one of India’s leading cement and concrete manufacturers, with a consolidated capacity of 25 MMTPA. The company offers a wide range of products including cement, ready-mix concrete, and other modern building materials.