NOCIL
NOCIL Limited
Rubber chemicals including antioxidants and accelerators
Commodities›Chemicals›Chemicals & Petrochemicals›Specialty Chemicals
nocil.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
Stock price
₹165.76
Market cap
2,772 Cr
Stock P/E
41.9
P/B
1.56
Dividend yield
1.2%
ROE (FY26)
3.1%
ROCE (FY26)
4.4%
Operating margin (FY26)
3.5%
OCF / EBITDA (FY26)
250.2%
OCF / EBITDA (3Y)
110.5%
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
Loading price history…
Compare with peers
Loading peers…
What you need to know
NOCIL makes rubber chemicals in India, mainly antioxidants and accelerators, and sells them to tyre makers and other rubber goods makers at home and abroad.
Company snapshot
32ndBy market cap
Ranked among 68 companies in Specialty Chemicals.
What we see
Positives
- ✓110% of operating profit came in as cash over the last three years — profits are backed by real cash.
2 more signals from the filings.Sign in free to see them all
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 351 Cr | 341 Cr | 357 Cr | 372 Cr | 363 Cr | 318 Cr | 340 Cr | 336 Cr | 321 Cr | 316 Cr | 330 Cr | 403 Cr |
| Operating expenses (approx.) | 306 Cr | 292 Cr | 312 Cr | 331 Cr | 325 Cr | 294 Cr | 305 Cr | 306 Cr | 298 Cr | 289 Cr | 309 Cr | 358 Cr |
| EBITDA | 45 Cr | 49 Cr | 45 Cr | 41 Cr | 38 Cr | 24 Cr | 34 Cr | 31 Cr | 22 Cr | 27 Cr | 21 Cr | 45 Cr |
| OPM % | 12.9% | 14.3% | 12.5% | 11.0% | 10.4% | 7.6% | 10.1% | 9.1% | 7.0% | 8.5% | 6.4% | 11.2% |
| Other income | 5 Cr | 6 Cr | 25 Cr | 9 Cr | 8 Cr | 9 Cr | 6 Cr | 7 Cr | 10 Cr | 6 Cr | 14 Cr | 6 Cr |
| Interest | 0.32 Cr | 0.50 Cr | 0.42 Cr | 0.46 Cr | 0.53 Cr | 0.45 Cr | 0.36 Cr | 0.37 Cr | 0.35 Cr | 0.34 Cr | 0.33 Cr | 0.30 Cr |
| Depreciation | 13 Cr | 13 Cr | 13 Cr | 13 Cr | 13 Cr | 14 Cr | 13 Cr | 14 Cr | 14 Cr | 14 Cr | 14 Cr | 14 Cr |
| Profit before tax | 37 Cr | 41 Cr | 56 Cr | 37 Cr | 32 Cr | 19 Cr | 26 Cr | 23 Cr | 19 Cr | 13 Cr | 21 Cr | 37 Cr |
| Tax % | 25.7% | 26.3% | 25.3% | 26.4% | -30.3% | 32.4% | 19.9% | 25.4% | 34.6% | 31.0% | 18.9% | 25.2% |
| Net profit | 27 Cr | 30 Cr | 42 Cr | 27 Cr | 42 Cr | 13 Cr | 21 Cr | 17 Cr | 12 Cr | 9 Cr | 17 Cr | 28 Cr |
| EPS (₹) | ₹1.63 | ₹1.80 | ₹2.49 | ₹1.62 | ₹2.53 | ₹0.77 | ₹1.25 | ₹1.03 | ₹0.73 | ₹0.55 | ₹1.02 | ₹1.66 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 818 Cr | 989 Cr | 1,043 Cr | 846 Cr | 925 Cr | 1,571 Cr | 1,617 Cr | 1,445 Cr | 1,393 Cr | 1,303 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 659 Cr | 724 Cr | 750 Cr | 668 Cr | 794 Cr | 1,285 Cr | 1,364 Cr | 1,250 Cr | 1,255 Cr | 1,202 Cr | Sign in free for the trailing twelve months |
| EBITDA | 159 Cr | 265 Cr | 293 Cr | 178 Cr | 131 Cr | 286 Cr | 253 Cr | 195 Cr | 137 Cr | 101 Cr | Sign in free for the trailing twelve months |
| OPM % | 19.5% | 26.8% | 28.1% | 21.1% | 14.1% | 18.2% | 15.6% | 13.5% | 9.9% | 7.7% | Sign in free for the trailing twelve months |
| Other income | 10 Cr | 15 Cr | 10 Cr | 9 Cr | 15 Cr | 4 Cr | 6 Cr | 39 Cr | 32 Cr | 37 Cr | Sign in free for the trailing twelve months |
| Interest | 2 Cr | 1 Cr | 0.63 Cr | 1 Cr | 0.97 Cr | 1 Cr | 1 Cr | 2 Cr | 2 Cr | 1 Cr | Sign in free for the trailing twelve months |
| Depreciation | 20 Cr | 24 Cr | 24 Cr | 34 Cr | 37 Cr | 48 Cr | 56 Cr | 53 Cr | 54 Cr | 55 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 147 Cr | 255 Cr | 278 Cr | 152 Cr | 107 Cr | 241 Cr | 202 Cr | 180 Cr | 114 Cr | 76 Cr | Sign in free for the trailing twelve months |
| Tax % | 33.8% | 33.3% | 33.4% | 14.2% | 17.5% | 26.8% | 26.2% | 26.1% | 9.9% | 26.8% | Sign in free for the trailing twelve months |
| Net profit | 97 Cr | 170 Cr | 185 Cr | 131 Cr | 88 Cr | 176 Cr | 149 Cr | 133 Cr | 103 Cr | 56 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹6.00 | ₹10.35 | ₹11.19 | ₹7.89 | ₹5.33 | ₹10.58 | ₹8.95 | ₹7.98 | ₹6.17 | ₹3.33 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | 0.8% | 18.8% | 33.5% | 37.6% | 48.8% | 60.9% | Sign in free for the trailing twelve months |
Sign in free for the trailing twelve months
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 164 Cr | 164 Cr | 165 Cr | 166 Cr | 166 Cr | 167 Cr | 167 Cr | 167 Cr | 167 Cr | 167 Cr |
| Reserves | 750 Cr | 882 Cr | 998 Cr | 1,020 Cr | 1,119 Cr | 1,279 Cr | 1,385 Cr | 1,532 Cr | 1,595 Cr | 1,606 Cr |
| Borrowings | 5 Cr | — | — | — | — | — | — | — | — | — |
| Other liabilities | 243 Cr | 301 Cr | 279 Cr | 257 Cr | 330 Cr | 385 Cr | 305 Cr | 317 Cr | 295 Cr | 337 Cr |
| Total liabilities | 1,161 Cr | 1,348 Cr | 1,442 Cr | 1,442 Cr | 1,615 Cr | 1,831 Cr | 1,857 Cr | 2,015 Cr | 2,057 Cr | 2,111 Cr |
| Fixed assets (net) | 539 Cr | 524 Cr | 654 Cr | 796 Cr | 916 Cr | 905 Cr | 884 Cr | 866 Cr | 851 Cr | 826 Cr |
| CWIP | 4 Cr | 42 Cr | 131 Cr | 156 Cr | 14 Cr | 8 Cr | 9 Cr | 16 Cr | 60 Cr | 221 Cr |
| Investments | 176 Cr | 281 Cr | 105 Cr | 55 Cr | 69 Cr | 54 Cr | 219 Cr | 400 Cr | 367 Cr | 415 Cr |
| Inventories | 115 Cr | 155 Cr | 171 Cr | 136 Cr | 166 Cr | 333 Cr | 285 Cr | 223 Cr | 281 Cr | 158 Cr |
| Trade receivables | 167 Cr | 243 Cr | 232 Cr | 203 Cr | 309 Cr | 450 Cr | 346 Cr | 340 Cr | 310 Cr | 290 Cr |
| Cash & bank | 106 Cr | 24 Cr | 37 Cr | 9 Cr | 45 Cr | 12 Cr | 24 Cr | 92 Cr | 30 Cr | 32 Cr |
| Other assets | 55 Cr | 77 Cr | 112 Cr | 86 Cr | 97 Cr | 68 Cr | 91 Cr | 79 Cr | 158 Cr | 170 Cr |
| Total assets | 1,161 Cr | 1,348 Cr | 1,442 Cr | 1,442 Cr | 1,615 Cr | 1,831 Cr | 1,857 Cr | 2,015 Cr | 2,057 Cr | 2,111 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 142 Cr | 103 Cr | 164 Cr | 179 Cr | 94 Cr | -30 Cr | 282 Cr | 201 Cr | 26 Cr | 252 Cr |
| Cash from investing | -10 Cr | -142 Cr | -101 Cr | -106 Cr | -62 Cr | 31 Cr | -217 Cr | -77 Cr | -37 Cr | -212 Cr |
| Cash from financing | -31 Cr | -42 Cr | -50 Cr | -101 Cr | 0.27 Cr | -34 Cr | -54 Cr | -55 Cr | -50 Cr | -38 Cr |
| Net cash flow | 102 Cr | -82 Cr | 13 Cr | -28 Cr | 32 Cr | -33 Cr | 11 Cr | 68 Cr | -62 Cr | 2 Cr |
| Free cash flow (OCF − Capex) | 129 Cr | 51 Cr | -73 Cr | -0.46 Cr | 67 Cr | -66 Cr | 252 Cr | 165 Cr | -98 Cr | 77 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 16.2% | 24.5% | 23.9% | 13.0% | 8.4% | 16.7% | 13.1% | 10.7% | 6.6% | 4.4% |
| ROE % | 10.6% | 16.2% | 15.9% | 11.0% | 6.9% | 12.2% | 9.6% | 7.8% | 5.8% | 3.1% |
| Debtor days | 74 | 90 | 81 | 88 | 121 | 104 | 78 | 86 | 81 | 81 |
| Inventory days | 126 | 127 | 125 | 136 | 126 | 128 | 114 | 104 | 128 | 82 |
| Days payable | 90 | 95 | 72 | 89 | 129 | 83 | 51 | 55 | 54 | 79 |
| Cash conversion cycle | 111 | 122 | 134 | 134 | 118 | 150 | 141 | 135 | 155 | 84 |
| OCF / EBITDA % | 89.3% | 38.7% | 56.0% | 100.7% | 71.5% | -10.6% | 111.6% | 103.0% | 18.6% | 250.2% |
| OCF / EBITDA % (3 years) | — | — | 57.0% | 60.6% | 72.6% | 40.8% | 51.6% | 61.7% | 86.9% | 110.5% |
| Debt / equity | 0.0055 | — | 0.00 | — | — | — | — | — | — | — |
| Current ratio | 3.49 | 3.81 | 3.77 | 3.03 | 2.96 | 3.25 | 5.15 | 5.89 | 5.82 | 4.31 |
| Net debt / EBITDA | -0.63 | -0.09 | -0.13 | -0.05 | -0.34 | -0.04 | -0.09 | -0.47 | -0.22 | -0.32 |