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Nocil Ltd (NOCIL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500730 NSE: NOCIL Chemicals | Small Cap | NOCIL Share Price

₹157.35 0.45 (0.29%)

As on 10-Jun'26 16:01

Nocil Ltd (NOCIL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500730 NSE: NOCIL Chemicals | Small Cap | NOCIL Share Price

₹157.35 0.45 (0.29%)

As on 10-Jun'26 16:01

Key Metrics
Valuation Multiples
Market Cap
₹2,621 Cr.
Current Price
₹157.4
52-Week Low / High
₹125 / 211
TTM EPS
₹3.3
TTM Sales
₹1,303 Cr.
Book Value per Share
₹106.2
P/E Ratio
47.11
Higher than its 5-year historical median
Industry PE
50
Price to Book (P/B)
1.48
Lower than its 5-year historical median
Price to Sales (P/S)
2.01
Lower than its 5-year historical median
EV/EBITDA
18.79
In line with its 5-year historical median
Dividend Yield
1.14%
Profitability Efficiency
Return on Equity (ROE)
5.97%
Underperforms industry median
Return on Capital Employed (ROCE)
6.70%
Underperforms industry median
Return on Assets (ROA)
5.05%
Operating Profit Margin
10%
Net Profit Margin
7.39%
Gross Profit Margin
12%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
-3.6%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-29.55%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
-22.66%
Asset Quality
Promoter Holding
33.76%
Pledged shares (%) of Promoter's holding (%)
22.64%
Reserves
₹1,606 Cr.
Equity
₹167 Cr.
Face Value
₹10
All Time Low / High
₹4.90 / 3500.00

Nocil stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Nocil Ltd a good quality company?
Nocil Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Nocil Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Nocil Ltd vs industry peers?
Nocil Ltd revenue CAGR is 10.48%, compared to the industry median CAGR of 7.53%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Nocil Ltd?
Promoters hold 33.76% of the Nocil Ltd, with 22.64% of their stake pledged, indicating high pledge risk.
Q.1 Stock return of Nocil Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 12.4% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Nocil Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 24%20.8%25.9%25.1%13.1%8.8%17.7%13.6%11.2%6.7%-
Value Creation
Index
0.70.50.90.8-0.1-0.40.30.0-0.2-0.5-

Growth Parameters

Sales 7157429681,0438469251,5711,6171,4451,3931,303
Sales YoY Gr.-3.8%30.4%7.8%-18.9%9.3%69.9%2.9%-10.6%-3.6%-
Adj EPS 4.95.910.411.47.85.410.697.26.13.3
YoY Gr.-21%75.9%8.9%-31.1%-31.7%98.3%-15.2%-20.4%-15.4%-
BVPS (₹) 29.255.763.470.171.27786.592.8101.5105106.2
Adj Net
Profit
78.89717218813088.917715011910156
Cash Flow from Ops. 17014210216417993.6-30.228220125.6-
Debt/CF from Ops. 0.20.10.10000000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 7.7%10.5%-3.9%-3.6%
Adj EPS 2.4%-5%-17%-15.4%
BVPS15.3%8.1%6.7%3.4%
Share Price 11.9% -5.6% -10.5% -21.9%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
17.81417.517117.212.9107.35.93.2
Op. Profit
Mgn %
19.621.527.828.521.114.218.315.713.5107.7
Net Profit
Mgn %
1113.117.71815.39.611.29.38.37.34.3
Debt to
Equity
0.10000000000
Working Cap
Days
201161141163195188160173167180119
Cash Conv.
Cycle
103849210711811311012612312993

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales7157429681,0438469251,5711,6171,4451,393
Operating Expenses + 5765837027506687941,2851,3641,2501,255
Manufacturing Costs10099120135129137228273234237
Material Costs360360441467388505859888815798
Employee Cost 61647171777081879295
Other Costs 566170787482117116108126
Operating Profit 139159265293178131286253195137
Operating Profit Margin (%) 19.5%21.5%27.4%28.1%21.1%14.1%18.2%15.6%13.5%9.9%
Other Income + 4101510915463932
Exceptional Items 0000000000
Interest 9211111122
Depreciation 15202424343748565354
Profit Before Tax 119147255278152107241202180114
Tax 41508593221965534711
Profit After Tax 789717018513188176149133103
PAT Margin (%) 10.9%13.1%17.6%17.7%15.4%9.6%11.2%9.2%9.2%7.4%
Adjusted EPS (₹)4.95.910.311.27.95.310.69.08.06.2
Dividend Payout Ratio (%)24.70%30.30%24.20%22.40%31.70%37.60%28.40%33.50%37.60%32.50%

Valuation of NOCIL - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 4709101,0431,1591,1791,2791,4401,5461,6921,754
Share Capital 161164164165166166167167167167
Reserves 3097478799931,0141,1131,2741,3801,5251,587
Debt +16500000000
Long Term Debt15500000000
Short Term Debt1000000000
Minority Interest0000000000
Trade Payables73811169889170215127118118
Others Liabilities 200164172185173165175183205185
Total Liabilities 7591,1611,3311,4421,4421,6151,8311,8572,0152,057

Fixed Assets

Net Fixed Assets +307542527657797917909887869855
Gross Block4597087018541,0281,1831,2211,2531,2821,321
Accumulated Depreciation153166174197231266312365413466
CWIP 644213115614891660
Investments 22176281130546853218399366
Inventories133115155171136166333285223281
Trade Receivables151167243232203309450346340310
Cash Equivalents 151223240148016579633
Others Assets 1243550828160615472151
Total Assets 7591,1611,3311,4421,4421,6151,8311,8572,0152,057

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 17014210216417994-3028220126
PBT 119147255278152107241202180114
Adjustment 20131716262545511326
Changes in Working Capital 6228-88-4252-38-2568048-80
Tax Paid -31-46-81-88-51-0-60-51-40-34
Cash Flow From Investing Activity + -12-10-142-101-106-6231-217-77-37
Capex -14-13-47-237-180-27-36-29-17-121
Net Investments 00000000-7362
Others 23-9413673-3667-1871322
Cash Flow From Financing Activity + -151-31-43-50-1010-34-54-55-50
Net Proceeds from Shares 0645143105
Net Proceeds from Borrowing -47-11-10-5000000
Interest Paid -10-2-1-1-1-1-1-1-2-2
Dividend Paid -16-23-35-50-98-1-33-50-50-50
Others -78000-2-2-2-4-4-3
Net Cash Flow 7102-8213-2832-331168-62

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)17.6914.0717.416.7911.187.1912.959.998.215.97
ROCE (%)24.0420.8425.8525.1413.098.7517.7113.5611.176.7
Asset Turnover Ratio1.010.850.790.750.590.60.910.880.750.68
PAT to CFO Conversion(x)2.181.460.60.891.371.07-0.171.891.510.25
Working Capital Days
Receivable Days73.7070.8075.6083.2093.9010188.1089.8086.7085.20
Inventory Days74.1055.1049.805766.2059.6057.9069.7064.1066.10
Payable Days64.9062.2053.3054.207171.7057.7052.6041.7035.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *9.6913.118.547.006.8210.3310.3313.1718.6622.64
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Nocil Ltd FAQs

The current trading price of NOCIL on 10-Jun-2026 16:01 is ₹157.3.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 09-Jun-2026 the market cap of NOCIL stood at ₹2,620.6 Cr

The latest P/E ratio of NOCIL as of 09-Jun-2026 is 40.89.

The latest P/B ratio of NOCIL as of 09-Jun-2026 is 1.48.

The 52-week high of NOCIL is ₹211.0 and the 52-week low is ₹125.3.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of NOCIL is ₹1,303 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Nocil Ltd is a average quality company.

The key valuation ratios of Nocil Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Nocil Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Nocil Ltd

NOCIL Limited (formerly known as National Organic Chemical Industries) is a limited company incorporated on May 11, 1961, and is engaged in manufacture of rubber chemicals domiciled in India. The Company has manufacturing facilities at Navi Mumbai (Maharashtra) and at Dahej (Gujarat). The products manufactured by the Company are used by the tyre industry and other rubber processing industries.

Business area of the company

NOCIL’s involvement in the Rubber chemicals business spans over 4 decades. The company is one of the few players in this business to offer wide range of rubber chemicals to suit the customer needs. Due to rich experience and offering a one stop shop to customers, NOCIL is today acknowledged as a dependable supplier of rubber chemicals. NOCIL today is the Largest Rubber Chemicals Manufacturer in India with the State of the Art Technology for the manufacture of rubber chemicals.

Products

  • Rubber Chemicals
  • Antidegradants / Antioxidants
  • Accelerators
  • Pre Vulcanization Inhibitor
  • Post Vulcanization Stabilizer

Certifications

  • ISO 9001:2008
  • ISO 14001:2004
  • BS OHSAS 18001:2007
  • ISO/IEC 17025:2005
  • ISO/TS 16949:2009
  • IATF
  • NABL
  • Responsible Care by the Indian Chemical Council
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