Nuvoco Vistas Corporation Limited

Produces and distributes cement and related products in eastern and northern India.

1999 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Nuvoco Vistas Corporation Profile

Key Indicators

  • Authorised Capital ₹ 8,801.11 Cr
  • Paid Up Capital ₹ 357.16 Cr
  • Company Age 25 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4,355.00 Cr
  • Satisfied Charges ₹ 7,560.89 Cr
  • Revenue Growth 16.30%
  • Profit Growth 63.47%
  • Ebitda -20.68%
  • Net Worth 1.02%
  • Total Assets -1.28%

About Nuvoco Vistas Corporation

Nuvoco Vistas Corporation Limited (NVCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 February 1999 and has a history of 25 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543334 and on the National Stock Exchange(NSE) under NUVOCO.

The Corporate was formerly known as Lafarge India Private Limited.. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 8,801.11 Cr and a paid-up capital of Rs 357.16 Cr.

The company currently has active open charges totaling ₹4,355.00 Cr. The company has closed loans amounting to ₹7,560.89 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nuvoco Vistas Corporation Limited India are Maneesh Agarwal as CFO and Shruta Sanghavi as Company Secretary. Kaushikbhai Patel, Hiren Patel, Achal Bakeri, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    L26940MH1999PLC118229

  • Company No.

    118229

  • Stock Symbol

    BSE : 543334 NSE : NUVOCO

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Feb 1999

  • Date of AGM

    24 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Nuvoco Vistas Corporation Limited offer?

Nuvoco Vistas Corporation Limited offers a wide range of products and services, including Cement, PPC Cement, Lafarge Cement, Nuvoco Duraguard Cement, Nirmax Cement, Industrial Chemicals & Supplies, Waterproofing Chemicals, Cement and Concrete, Concrete, Adhesives, Glue and Sealants.

Who are the key members and board of directors at Nuvoco Vistas Corporation?

Executive Team (3)

Name Designation Appointment Date Status
Jayakumar Krishnaswamy Country flag representing In Managing Director 17-Sep-2018 Current
Maneesh Agarwal Country flag representing In CFO 10-Oct-2017 Current
Shruta Sanghavi Country flag representing In Company Secretary 12-Dec-2018 Current

Board Members (5)

Name Designation Appointment Date Status
Kaushikbhai Patel Country flag representing In Director 09-Nov-2017 Current
Hiren Patel Country flag representing In Director 11-Nov-2017 Current
Bhavna Doshi Country flag representing In Director 03-Jan-2017 Current
Achal Bakeri Country flag representing In Director 07-Apr-2021 Current
Shishir Desai Country flag representing In Director 16-Aug-2023 Current

Financial Performance of Nuvoco Vistas Corporation.

Nuvoco Vistas Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.3% increase. The company also saw a substantial improvement in profitability, with a 63.47% increase in profit. The company's net worth moved up by a moderate rise of 1.02%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
16.30%
Revenue from Operations
16.88%
Total Assets
-1.28%
Profit or Loss
63.47%
Net Worth
1.02%
EBITDA
-20.68%

What is the Ownership and Shareholding Structure of Nuvoco Vistas Corporation?

In 2023, Nuvoco Vistas Corporation had a promoter holding of 71.78% and a public holding of 28.21%. The company had 1 Subsidiary and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4,355.00 Cr

Satisfied Charges

₹7,560.89 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 3880.00 Cr
  • Others : 375.00 Cr
  • Standard Chartered Bank : 100.00 Cr

Latest Charge Details

Date Lender Amount Status
16 Feb 2024 Idbi Trusteeship Services Limited ₹250.00 Cr Open
16 Feb 2024 Idbi Trusteeship Services Limited ₹500.00 Cr Open
29 Aug 2022 Idbi Trusteeship Services Limited ₹350.00 Cr Open
26 Jul 2022 Idbi Trusteeship Services Limited ₹500.00 Cr Open
26 Jul 2022 Idbi Trusteeship Services Limited ₹350.00 Cr Open

How Many Employees Work at Nuvoco Vistas Corporation?

Nuvoco Vistas Corporation has a workforce of 3241 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nuvoco Vistas Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Nuvoco Vistas Corporation's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Nuvoco Vistas Corporation

Recent activity within the organization

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 630.00 Cr registered on 24 Feb 2020 with Charge ID 100331702 was modified on 19 Sep 2024.

    19 Sep 2024

  • Annual General Meeting

    Nuvoco Vistas Corporation Limited last Annual general meeting of members was held on 24 Jul 2024 as per latest MCA records.

    24 Jul 2024

  • Charges

    A charge registered on 03 Apr 2001 via Charge ID 90225137 with Deutsche Bank Ag was fully satisfied on 24 Jun 2024.

    24 Jun 2024

  • Balance Sheet

    Nuvoco Vistas Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 250.00 Cr with Charge ID 100866587 was registered on 16 Feb 2024.

    16 Feb 2024

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 500.00 Cr with Charge ID 100869970 was registered on 16 Feb 2024.

    16 Feb 2024

Frequently asked questions

  • Nuvoco Vistas Corporation Limited was incorporated on 08 Feb 1999.

  • The authorized share capital of Nuvoco Vistas Corporation Limited is ₹ 8,801.11 Cr and paid-up capital is ₹ 357.16 Cr.

  • Currently 8 directors are associated with Nuvoco Vistas Corporation Limited.

    • Kaushikbhai Nandubhai Patel
    • Hiren Karsanbhai Patel
    • Achal Anil Bakeri
    • Bhavna Gautam Doshi
    • Shishir Babubhai Desai
    • Jayakumar Krishnaswamy
    • Maneesh Agarwal
    • Shruta Jatin Sanghavi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nuvoco Vistas Corporation Limited is Equinox Business Park Tower 3 East Wing 4Th Floor Lbs Marg, (West) India, Kurla, Maharashtra, 400070.

  • The corporate identification number (CIN) of Nuvoco Vistas Corporation Limited is L26940MH1999PLC118229 and the company number is 118229 as per Ministry of Corporate Affairs (MCA).

  • Yes, Nuvoco Vistas Corporation Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): NUVOCO.

  • The Official website of Nuvoco Vistas Corporation Limited is https://www.nuvoco.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nuvoco Vistas Corporation Limited has risen by 16.30%.

  • As Per 2023 financial reports, 3241 employees are currently employed by Nuvoco Vistas Corporation Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nuvoco Vistas Corporation Limited has experienced an upsurge of 1.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nuvoco Vistas Corporation Limited amount to ₹ 4,355.00 Cr.

  • The most recent Balance Sheet for Nuvoco Vistas Corporation Limited was filed with the ROC on 31 Mar 2024.

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