About Nu Vista Limited
Data last updated:
Nu Vista Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Nuvoco Vistas Corporation Limited. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 13 June 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U26940MH2007PLC353160. Its GSTIN is 27AABCE7927L1Z8 (Maharashtra). The company holds 17 GST registrations, of which 14 are active.
The company has an authorised share capital of ₹375 Cr and a paid-up capital of ₹329.9 Cr. It was formerly known as Emami Cement Limited and Nu Eastern Limited. It is led by directors including Jayakumar Krishnaswamy (Managing Director) and Manan Nutanbhai Shah.
Its last annual general meeting (AGM) was held on 23 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Equinox Business Park Tower 3 East Wing 4th Floor Lbs Marg Kurla(West) Mumbai, Maharashtra, India – 400070.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,788.73 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹21.74 Cr (net margin 0.6%) and EBITDA of ₹373.91 Cr (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 13% over five years.
The company has about 968 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Double Bull Cement and Nuvoco. As per MCA filings, the company has open charges of ₹3,895.89 Cr and satisfied charges of ₹7,123.93 Cr on record. Court records list 282 cases involving the company, including 250 filed by the company and 32 filed against it; 166 cases are pending. The company has 18 deals on record (12 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹2,065.68 Cr; the latest was in March 2024. Its 5 peer companies in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 2 larger and 3 smaller; the largest is JSW Cement Limited with revenue of ₹5,914.66 Cr. The company has 20 MSME Form 1 returns on record between 2019 and 2024, listing 256 overdue payments to 157 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nuvoco.com.
Company details
Name history
Nu Vista has undergone 3 name changes throughout its history. The company was previously known as Emami Cement Limited, Nu Eastern Limited, and Nu Vista Limited. The current legal name is Nu Vista Limited.
| Company Name | Status |
|---|---|
| Nu Vista Limited | Current |
| Emami Cement Limited | Previous |
| Nu Eastern Limited | Previous |
CIN history
Nu Vista has one previous CIN (Corporate Identification Number): U26940WB2007PLC116503. The current CIN is U26940MH2007PLC353160, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26940MH2007PLC353160 | Current |
| U26940WB2007PLC116503 | Previous |
Contact details
Nu Vista Limited's registered office is in Mumbai, Maharashtra. Its website is nuvoco.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressEquinox Business Park Tower 3 East Wing 4th Floor Lbs Marg Kurla(West) Mumbai, Maharashtra, India – 400070
- IndustryManufacturing, Cement & Cement Products
To see the full contact details of Nu Vista Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Nu Vista operates two associated brands: Double Bull Cement and Nuvoco. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of cement | doublebullcement.com | |
| Cement, ready-mix concrete, and modern building materials are distributed. | nuvoco.com |
Business activity
The main business activity of Nu Vista is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Nu Vista Limited, buy the company report.
Financials of Nu Vista Limited
FY 2025 filings availableNu Vista Limited reported revenue of ₹3,788.73 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 29% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹373.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.74 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Nu Vista Limited, buy the company report.
Board of directors and KMP of Nu Vista Limited
Nu Vista Limited currently reports 5 directors and 2 key managerial personnel. 27 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manan Nutanbhai Shah | Director | 21 Jul 2020 | 6 Years 3 Months | Current |
| Shruta Jatin Sanghavi | Director | 21 Jul 2020 | 6 Years 3 Months | Current |
| Madhumita Basu | Director | 09 May 2023 | 3 Years 5 Months | Current |
| Shishir Babubhai Desai Also directs: Nuvoco Vistas Corporation Limited, Zee Entertainment Enterprises Limited, Bijur Delimon India Private Limited and 2 more | Director | 16 Aug 2023 | 3 Years 2 Months | Current |
| Maneesh Agarwal | Cfo | 09 Nov 2022 | 3 Years 11 Months | Current |
| Jayakumar Krishnaswamy | Managing Director | 21 Jul 2020 | 6 Years 3 Months | Current |
Peer comparison
Nu Vista Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JSW Cement Limited | ₹5,914.66 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Rccpl Private Limited | ₹4,370.47 Cr (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| Nu Vista Limitedthis company | ₹3,788.73 Cr (FY 2025) | ₹21.74 Cr | 0.6% | -5.0% | 968 | Mumbai, Maharashtra, India |
| Star Cement Limited | ₹3,173.96 Cr (FY 2025) | 8.0% | Meghalaya, India | |||
| Orient Cement Limited | ₹2,728.7 Cr (FY 2025) | -15.0% | Ahmedabad, Gujarat, India | |||
| The K C P Limited | ₹2,590.12 Cr (FY 2025) | -11.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Nu Vista Limited, buy the company report.
Auditor
Nu Vista Limited is audited by MSKA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA & ASSOCIATES | FY 2023 | 105047W |
Shareholding
The shareholding of Nu Vista Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nu Vista Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2025 | 101064915 | Idbi Trusteeship Services Limited | ₹300 Cr | Open | |
| 23 Nov 2022 | 100651161 | Hdfc Bank Limited | ₹525 Cr | Open | |
| 23 Nov 2022 | 100650990 | Hdfc Bank Limited | ₹161.73 Cr | Open | |
| 13 Jul 2021 | 100462894 | Others | ₹154.2 Cr | Open | |
| 23 Mar 2020 | 100333314 | Others | ₹525 Cr | Open |
To see the full charge records of Nu Vista Limited, buy the company report.
Total charge records: 40 View all charges
Deals & funding
Nu Vista Limited has 18 deals on record (12 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹2,065.68 Cr; the latest was in March 2024.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Funding round | ₹1,229.5 Cr | Investors: Nuvoco Vistas Corporation Limited |
| Jul 2020 | Secondary share transfer | Undisclosed | Buyer: Nuvoco Vistas Corporation Limited Seller: Bhanu Vyapaar Private Limited , Diwakar Finvest Private Limited , Diwakar Viniyog Private Limited |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Bhanu Vyapaar Private Limited , Suraj Viniyog Private Limited Seller: Magnificent Vyapaar LLP |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Suraj Viniyog Private Limited Seller: Emami Capital Markets Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Diwakar Finvest Private Limited , Magnificent Vyapaar LLP , Bhanu Vyapaar Private Limited , an individual Seller: Venus Financial Consultants Private Limited , Burlington Finance Ltd. , Jagatjanni Consultant Private Limited |
To see the full deal history of Nu Vista Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nu Vista Limited has 282 court cases on record: 250 filed by Nu Vista, 32 filed against it. 166 cases are pending and 116 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 149 | 11 | 80 |
| High courts | 127 | 16 | 83 |
| Supreme Court | 6 | 5 | 3 |
Cases on record (5 of 282)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (AP-COM) | Filed by the company against Acb (India) Limited | Pending |
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by Moser Baer Energy Development Ltd(Now Porbandar Solar Power Ltd) Through Its Authorised Signatory Manish Verma Through Its Authorised Signatory Manish Verma 235, Okhla Industrial Estate, Phase III, New Delhi , District: New Delhi ,New Delhi , Delhi | Pending |
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by Gujarat Urja Vikas Nigam Limited General Manager (Com) General Manager (Com) Sardar Patel Vidyut Bhavan, Race Course , District: Vadodara ,Vadodara , Gujarat | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against The Rajasthan Rajya Vidyut Utpadan Nigam Limited | Disposed |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against The Rajasthan Rajya Vidyut Utpadan Nigam Limited | Disposed |
To see the full case history of Nu Vista Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Nu Vista Limited was last rated by Indiarating on 29 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 29 Nov 2021 |
To see the full credit ratings and regulatory alerts of Nu Vista Limited, buy the company report.
MSME payment delays
Nu Vista Limited has 20 MSME Form 1 returns on record between 2019 and 2024, listing 256 overdue payments to 157 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 157)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Focus Infra Engineering India Private Limited | |||
| Jayashree Electrodevices Pvt Ltd | |||
| Aakriti Self Help Group |
To see the full MSME payment records of Nu Vista Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nu Vista Limited has a workforce of 968 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Nu Vista has 17 GST registrations: 14 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE7927L1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 08AABCE7927L1Z8 | Rajasthan | Active | 01 Jul 2017 |
| 10AABCE7927L2ZM | Bihar | Active | 01 Jul 2017 |
| 19AABCE7927L1Z5 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nu Vista Limited, buy the company report.
Recent activity
Nu Vista Limited has 28 board changes on record since 2014: 7 appointments and 21 cessations. The latest: Neha Pukhraj Pokhrana was appointed as Company Secretary on 29 Jan 2024.
104 earlier events are in the company report.
News
Frequently asked questions
Nu Vista is an active public limited company based in Mumbai, Maharashtra, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 13 June 2007 (19+ years old) and is registered under CIN U26940MH2007PLC353160.
Nu Vista has 7 current directors and KMP:
- Jayakumar Krishnaswamy - Managing Director
- Manan Nutanbhai Shah - Director
- Shruta Jatin Sanghavi - Director
- Madhumita Basu - Director
- Shishir Babubhai Desai - Director
- Maneesh Agarwal - Cfo
- Neha Pukhraj Pokhrana - Company Secretary
The latest financial statements of Nu Vista on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nu Vista is 27AABCE7927L1Z8, registered in Maharashtra. The company has 17 GST registrations in all, of which 14 are active and 3 are cancelled or inactive. Other active GSTINs include 08AABCE7927L1Z8 (Rajasthan), 10AABCE7927L2ZM (Bihar), 19AABCE7927L1Z5 (West Bengal).
The CIN (Corporate Identification Number) of Nu Vista is U26940MH2007PLC353160. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nu Vista has 282 court cases on record: 250 filed by the company and 32 filed against it. 166 are pending. Most are in the district courts.
Nu Vista was incorporated on 13 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Nu Vista has 18 deals on record (12 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹2,065.68 Cr; the latest was in March 2024.
The peers of Nu Vista by revenue are JSW Cement Limited, Rccpl Private Limited, Star Cement Limited, Orient Cement Limited, The K C P Limited, all in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Neha Pukhraj Pokhrana was appointed as Company Secretary on 29 Jan 2024. Shishir Babubhai Desai ceased to be Additional Director on 29 Jan 2024. Shishir Babubhai Desai was appointed as Director on 16 Aug 2023. Nu Vista has 28 board changes on record in total.
Nu Vista has 20 MSME Form 1 returns on record between 2019 and 2024, listing 256 overdue payments to 157 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Nu Vista can be reached through the website nuvoco.com. Its registered office is in Mumbai, Maharashtra, India.