More about Nuvoco Vistas Corporation Limited
Fundamentals for Nuvoco Vistas Corporation Limited
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Fundamentals for Nuvoco Vistas Corporation Limited
Business Operations:
Sector: Basic MaterialsIndustry: Building Materials
Nuvoco Vistas Corporation Limited manufactures and retails building materials in India. The company offers ordinary Portland, Portland pozzolana, Portland composite, and Portland slag cement products under the Concreto, Duraguard, Double Bull, PSC, Nirmax, and Infracem brands; and ready-mix concrete under the Artiste, InstaMix, Ecodure, Concreto, and X-Con brands. It also provides building materials, such as construction chemicals, multipurpose bonding and waterproofing agents, wall putty, tile and stone adhesives, tile grouts, ready-mix dry plaster, block joining mortar, dry bag concrete and cover blocks products under the Zero M brands. The company was formerly known as Lafarge India Limited and changed its name to Nuvoco Vistas Corporation Limited in April 2017. The company was incorporated in 1999 and is headquartered in Mumbai, India. Nuvoco Vistas Corporation Limited is a subsidiary of Niyogi Enterprise Private Limited.
Revenue projections:
Investors may react cautiously to news that Nuvoco Vistas Corporation Limited's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.
Financial Ratios:
| currentRatio | 0.44700 |
|---|---|
| forwardPE | 19.24007 |
| debtToEquity | 48.06100 |
| earningsGrowth | -0.14900 |
| revenueGrowth | 0.08700 |
| grossMargins | 0.63521 |
| operatingMargins | 0.10877 |
| trailingEps | 10.08000 |
| forwardEps | 15.23643 |
NUVOCO's current ratio being 0.447 suggests its cash reserves and current assets may not be adequate to cover short-term debt. This raises concerns about liquidity, indicating that NUVOCO might face challenges in meeting its immediate financial commitments.
NUVOCO's Forward PE ratio suggests that the stock is priced appropriately in relation to its earnings. Not being overpriced, it offers room for growth, signaling potential upside for investors looking for a stock with reasonable valuation and growth potential.
NUVOCO's low earnings and revenue growth suggest that the company's profits may shrink. This trend could indicate underlying financial struggles and pose challenges for NUVOCO's future profitability.
NUVOCO's negative gross and operating margins signal that the company is not profitable, struggling to cover costs associated with production and operations. This could be a red flag for its financial performance moving forward.
NUVOCO's forward EPS being higher than its trailing EPS signals anticipated growth in profitability for the current financial year. This suggests that NUVOCO is on track to improve its earnings, outpacing the previous year's performance and reflecting positive market expectations.
Price projections:
NUVOCO's price has frequently been situated near the lower end of analysts' projections. This trend indicates that the stock is struggling to meet expectations, which could signal a need for improvements in performance or investor confidence.
Recommendation changes over time:
Analysts' buy bias toward Nuvoco Vistas Corporation Limited suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, Nuvoco Vistas Corporation Limited is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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