NOCIL

What does Nocil do?

Nocil Ltd. is India's largest manufacturer of rubber chemicals, operating in the Specialty Chemicals sector with a market cap of Rs 3,346 Cr. As of March 2025, it reported net sales of 340 Cr and a net profit of 21 Cr.

Overview: <BR>Nocil Ltd. is India's largest manufacturer and supplier of rubber chemicals, operating in the Specialty Chemicals industry within the Small Cap market-cap bracket.<BR><BR>History: <BR>Nocil Ltd. was incorporated as part of the Arvind Mafatlal Group of Industries. The latest quarterly results reported are for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 340 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 21 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 3,346 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 32.00 <BR>Industry P/E: 47 <BR>Dividend Yield: 1.54% <BR>Debt Equity: -0.15 <BR>Return on Equity: 5.84% <BR>Price to Book: 1.85<BR><BR>Contact Details: <BR>Address: Mafatlal House H T Parekh Marg, Backbay Reclamation Churchgate Mumbai Maharashtra : 400020 <BR>Tel: 91-022-66364062 <BR>Email: investorcare@nocilindia.com <BR>Website: http://www.nocil.com

When is the next results date for Nocil?

No Upcoming Board Meetings

Has Nocil declared dividend?

Nocil Ltd. has declared a 30% dividend, amounting to ₹3 per share, with an ex-date of July 26, 2024. While the dividend yield is 1.54%, total returns have varied significantly, showing declines in the short term but a strong recovery over the longer term.

Nocil Ltd. has declared a 30% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 30%<BR>- Amount per share: 3 per share<BR>- Ex-date: 26 Jul 24<BR><BR>Dividend Yield: 1.54%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -30.45%, with a dividend return of 0%, resulting in a total return of -30.45%.<BR><BR>Over the past year, the price return was -20.52%, the dividend return was 1.12%, leading to a total return of -19.4%.<BR><BR>In the 2-year period, the price return was -9.04%, the dividend return was 2.74%, resulting in a total return of -6.3%.<BR><BR>For the 3-year period, the price return was -24.63%, with a dividend return of 3.79%, culminating in a total return of -20.84%.<BR><BR>In the last 4 years, the price return was -2.95%, the dividend return was 5.12%, resulting in a total return of 2.17%.<BR><BR>Over the 5-year period, the price return was 129.28%, with a dividend return of 12.51%, leading to a total return of 141.79%.<BR><BR>Overall, while Nocil Ltd. has declared a dividend, the total returns over various periods show a mixed performance, with significant declines in the shorter terms but a strong recovery in the longer term. The dividend yield indicates a modest return relative to the stock price.

Who are the peers of the Nocil?

Nocil's peers include Pidilite Industries, SRF, Gujarat Fluoroch, Deepak Nitrite, Himadri Special, Foseco India, Bhansali Engineering, Fineotex Chem, DDev Plastiks, and Yasho Industries. SRF has the highest 1-year return at 30.72%, while Nocil's return is -23.90%.

Peers: The peers of Nocil are Pidilite Inds., SRF, Gujarat Fluoroch, Deepak Nitrite, Himadri Special, Foseco India, Bhansali Engg., Fineotex Chem, DDev Plastiks, and Yasho Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at Pidilite Inds., SRF, Deepak Nitrite, Foseco India, and Fineotex Chem, while Average management risk is found at Gujarat Fluoroch, Himadri Special, Bhansali Engg., DDev Plastiks, and Yasho Industries. Good growth is seen at Himadri Special, DDev Plastiks, and Fineotex Chem, while Average growth is noted at Pidilite Inds., SRF, and the rest. Below Average growth is reported for Gujarat Fluoroch, Deepak Nitrite, Foseco India, Bhansali Engg., and Nocil. Excellent capital structure is present at Pidilite Inds., SRF, Deepak Nitrite, Nocil, Foseco India, Bhansali Engg., Fineotex Chem, DDev Plastiks, and Yasho Industries.<BR><BR>Return Snapshot: The peer with the highest 1-year return is SRF at 30.72%, while the lowest is Deepak Nitrite at -9.57%. Nocil's own 1-year return is -23.90%, which is lower than both. Additionally, the peers with negative six-month returns include Nocil, Deepak Nitrite, Fineotex Chem, and DDev Plastiks.

Who are in the management team of Nocil?

As of March 2023, Nocil's management team includes Hrishikesh A Mafatlal (Executive Chairman), S R Deo and Anand V.S (Managing Directors), along with several independent directors such as Rohit Arora and Radhika Haribhakti, ensuring diverse leadership and governance.

As of March 2023, the management team of Nocil includes the following individuals:<BR><BR>1. Hrishikesh A Mafatlal - Executive Chairman<BR>2. Rohit Arora - Independent Director<BR>3. V R Gupte - Director<BR>4. D N Mungale - Independent Director<BR>5. P V Bhide - Independent Director<BR>6. S R Deo - Managing Director<BR>7. Dharmishta Narendraprasad Raval - Independent Director<BR>8. Priyavrata H Mafatlal - Director<BR>9. Debnarayan Bhattacharya - Independent Director<BR>10. Amit K Vyas - Company Secretary & Compliance Officer<BR>11. Anand V.S - Managing Director<BR>12. A Vellayan - Independent Director<BR>13. Radhika Haribhakti - Independent Director<BR><BR>This diverse team includes executive leadership as well as independent directors contributing to the governance of the company.

Who are the top shareholders of the Nocil?

The top shareholders of Nocil include Hrishikesh Arvind Mafatlal with 18.16%, individual investors holding 42.88%, and foreign institutional investors at 8.15%. Notably, 10.33% of promoter holdings are pledged, and the highest public shareholder is Tejas Trivedi with 1.88%.

The top shareholders of Nocil include Hrishikesh Arvind Mafatlal, who holds the highest stake as a trustee of Gurukripa Trust with 18.16%. The company also has a significant portion of individual investors holding 42.88%. Additionally, 10.33% of the promoter holdings are pledged. Mutual funds hold 4.0% through 13 schemes, while foreign institutional investors (FIIs) account for 8.15% with 105 FIIs involved. The highest public shareholder is Tejas Trivedi, who holds 1.88%.

How big is Nocil?

As of 24th July, Nocil Ltd. has a market capitalization of 3,227.00 Cr, with net sales of 1,392.69 Cr and a net profit of 102.88 Cr over the latest four quarters. Shareholder's funds are 1,762.24 Cr, and total assets are valued at 2,057.04 Cr.

As of 24th July, Nocil Ltd. has a market capitalization of 3,227.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Nocil reported net sales of 1,392.69 Cr and a net profit of 102.88 Cr.<BR><BR>For the reporting period of March 2025, Nocil's shareholder's funds amounted to 1,762.24 Cr, while total assets were valued at 2,057.04 Cr.

How has been the historical performance of Nocil?

Nocil's historical performance has shown a decline in net sales and profitability from March 2023 to March 2025, with net sales dropping from INR 1,616.57 crore to INR 1,392.69 crore and profit after tax decreasing from INR 149.15 crore to INR 102.86 crore. Additionally, cash flow from operating activities fell significantly, indicating volatility in financial performance.

Answer:<BR>The historical performance of Nocil shows a fluctuating trend in key financial metrics over the years leading up to March 2025.<BR><BR>Breakdown:<BR>Nocil's net sales have seen a decline from INR 1,616.57 crore in March 2023 to INR 1,392.69 crore in March 2025, with a peak in March 2023. Total operating income followed a similar trend, decreasing from INR 1,616.57 crore in March 2023 to INR 1,392.69 crore in March 2025. The raw material cost increased slightly to INR 798.44 crore in March 2025 from INR 783.01 crore in March 2024, while total expenditure (excluding depreciation) remained relatively stable at INR 1,255.28 crore in March 2025. Operating profit (PBDIT) decreased significantly from INR 258.97 crore in March 2023 to INR 169.51 crore in March 2025, reflecting a declining operating profit margin from 15.63% to 9.87%. Profit before tax also fell from INR 202.09 crore in March 2023 to INR 114.14 crore in March 2025, leading to a profit after tax of INR 102.86 crore in March 2025, down from INR 149.15 crore in March 2023. The company's total assets increased to INR 2,057.04 crore in March 2025 from INR 1,857.09 crore in March 2023, while total liabilities also rose to INR 2,057.04 crore in March 2025. Cash flow from operating activities decreased significantly to INR 25 crore in March 2025 from INR 281 crore in March 2023, resulting in a net cash outflow of INR 61 crore in March 2025. Overall, Nocil's financial performance has shown volatility with a notable decline in profitability and cash flow in recent years.

Is Nocil overvalued or undervalued?

As of November 10, 2025, Nocil is considered very expensive and overvalued with a PE ratio of 45.66 and a year-to-date return of -29.26%, significantly underperforming compared to the Sensex's gain of 6.91%.

As of 10 November 2025, Nocil's valuation grade has moved from expensive to very expensive, indicating a significant shift in its market perception. The company is currently overvalued, with a PE ratio of 45.66, an EV to EBITDA ratio of 23.51, and a Price to Book Value of 1.63. These ratios suggest that the stock is trading at a premium compared to its earnings and book value.<BR><BR>In comparison to its peers, Nocil's valuation stands out as particularly high; for instance, Solar Industries has a PE ratio of 96.11 and an EV to EBITDA of 59.13, while Godrej Industries, considered attractive, has a PE of 35.42 and an EV to EBITDA of 28.71. The overall trend in Nocil's stock performance has been negative, with a year-to-date return of -29.26%, contrasting sharply with the Sensex's gain of 6.91% during the same period. This further reinforces the conclusion that Nocil is overvalued in the current market environment.

Is Nocil technically bullish or bearish?

As of November 27, 2025, Nocil's stock trend has shifted to bearish, currently priced at 171.75 after a 34.11% decline over the past year, with recent performance showing an 8.16% drop in the last month.

As of 27 November 2025, the technical trend for Nocil has changed from mildly bearish to bearish. The current price is 171.75, down from the previous close of 175.50, indicating a downward movement. The stock has experienced a significant decline over the past year, down 34.11%, while the Sensex has gained 6.84%. The 52-week high of 293.80 and low of 155.00 further highlight the volatility and current bearish stance. The recent performance shows a negative return of 8.16% over the past month, reinforcing the bearish outlook. Overall, the indicators suggest a bearish stance with weak momentum.

Which are the latest news on NOCIL?

Are NOCIL Ltd latest results good or bad?

NOCIL Ltd's latest results show an 83.78% quarter-on-quarter profit increase, but year-on-year declines in both net profit and revenue raise concerns. The falling operating margin and reliance on non-operating income suggest underlying challenges, leading to a cautiously pessimistic outlook.

NOCIL Ltd's latest results present a mixed picture. On one hand, the company reported a significant quarter-on-quarter net profit growth of 83.78%, reaching ₹17.00 crores, which is a positive sign. Additionally, revenue increased by 4.59% sequentially to ₹330.35 crores. However, these figures are somewhat misleading when considering the year-on-year performance; both net profit and revenue saw declines of 18.23% and 2.75%, respectively.<BR><BR>The operational metrics reveal deeper concerns. The operating margin has fallen to 6.37%, marking a multi-quarter low and reflecting ongoing challenges in maintaining profitability. This decline in margins, coupled with a heavy reliance on non-operating income (which constituted 66.35% of profit before tax), raises questions about the sustainability of earnings.<BR><BR>Overall, while there are signs of short-term recovery in profits, the underlying operational issues and declining margins suggest that the results are not as strong as they may initially appear. The company faces significant challenges that could impact its future performance, making the outlook cautiously pessimistic.

Should I buy, sell or hold NOCIL Ltd?

Why is NOCIL Ltd falling/rising?

As of 08-May, NOCIL Ltd's stock price is declining, currently at Rs 182.65, with a significant drop in profits and negative performance over the last six quarters. Despite being net-debt free, the stock's poor long-term growth and underperformance relative to its sector contribute to its downward trend.

As of 08-May, NOCIL Ltd's stock price is falling, currently at Rs 182.65, which reflects a decrease of Rs 6.5 or 3.44%. The stock has underperformed its sector by 3.64% today and opened with a loss of 3.04%. It reached an intraday low of Rs 178.7, marking a decline of 5.52%. <BR><BR>The company's recent performance indicates a troubling trend, as it has reported negative results for the last six consecutive quarters, with a significant decline in profit after tax (PAT) of 44.49% over the nine-month period. Additionally, the operating profit has decreased at an annual rate of 5.23% over the last five years. The return on equity (ROE) stands at a low 3.6, and the stock is trading at a premium compared to its peers, with a price-to-book value of 1.7. <BR><BR>Despite some positive factors, such as being net-debt free and an increase in institutional investor participation, these do not seem to outweigh the negative indicators. The falling investor participation is also notable, with a delivery volume decrease of 26.95% against the five-day average. Overall, the combination of poor long-term growth, declining profits, and underperformance relative to the sector contributes to the stock's current downward trend.