MarketFriction

NOCIL Ltd

NSE NOCIL · BSE 500730 · Specialty Chemicals
₹168.85 -1.32%
NSE close2026-10-01
52 week range125.31 - 211.20
Market cap₹2,830 Cr.
P/E40.7
Price band 20% Delivery 46.4%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales351341356372363318340336321316330403
Expenses306292312331325294305306298289309358
Operating Profit454945413824343122272145
OPM %13%14%13%11%10%8%10%9%7%8%6%11%
Other Income562598967101146
Interest000010000000
Depreciation131313131314131414141414
Profit before tax374156373219262319132137
Tax %26%26%25%26%-30%32%20%25%35%31%19%25%
Net Profit27304227421321171291728
EPS in Rs1.631.802.491.622.520.771.241.030.730.551.021.66
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales7157429641,0438469251,5711,6171,4451,3931,3031,370
Expenses5755826957506687931,2841,3641,2501,2551,2021,254
Operating Profit140160269293178132288253195137101115
OPM %20%22%28%28%21%14%18%16%14%10%8%8%
Other Income3911109142639323131
Interest921111112211
Depreciation152024243437485653545555
Profit before tax1191472552781521072412021801147690
Tax %34%34%33%33%14%17%27%26%26%10%27%
Net Profit7897170185131881761491331035666
EPS in Rs4.875.9410.3311.177.895.3210.578.957.986.163.333.96
Dividend Payout %25%30%24%22%32%38%28%34%38%32%45%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth6%7%-7%1%
Compounded Profit Growth-5%-12%-32%-25%
Stock Price CAGR9%-10%-9%-2%
Return on Equity9%7%5%3%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital161161164164165166166167167167167167
Reserves2543097508829981,0201,1191,2791,3851,5321,5951,606
Borrowings1472615507661013108
Other Liabilities193186233279279250324380295304284329
Total Liabilities7556821,1611,3311,4421,4421,6151,8301,8572,0152,0572,111
Fixed Assets311307543528657797918909888870855831
CWIP3644213115614891660221
Investments2222176281130546853218399366415
Other Assets418347438480524434614859742730776645
Total Assets7556821,1611,3311,4421,4421,6151,8301,8572,0152,0572,111
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3017014210216417994-3028220126252
Cash from Investing Activity-5-12-11-141-101-106-5831-217-77-37-212
Cash from Financing Activity-33-151-31-43-50-1010-34-54-55-50-38
Net Cash Flow-88101-8213-2835-331168-622
Free Cash Flow2115612955-73-067-66253184-9584
CFO/OP43%144%117%68%86%129%71%10%131%124%44%274%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days85778292818812210478868181
Inventory Days17613511612913312812014111710012975
Days Payable7974829677841239152535472
Cash Conversion Cycle18213811612513813211915414313315684
Working Capital Days718686949910411412810811013091
ROCE %19%24%21%26%25%13%9%18%13%10%6%4%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters33.84%33.84%33.84%33.84%33.78%33.78%33.76%33.76%33.76%33.76%33.76%33.76%
FIIs6.36%6.98%7.77%7.77%7.92%7.82%8.15%6.65%5.16%4.47%4.55%4.78%
DIIs3.61%2.83%3.51%4.44%6.13%5.93%5.33%5.20%6.57%6.50%7.92%7.48%
Public56.19%56.36%54.87%53.95%52.18%52.47%52.76%54.39%54.52%55.27%53.79%53.99%
No. of Shareholders1,81,1901,76,3471,71,4961,67,1571,66,6271,63,8991,61,8251,65,6481,64,8171,62,1671,65,8351,61,342

Fundamentals

Market Cap₹ 2,830 Cr.
Current Price₹ 169
Stock P/E40.7
Book Value₹ 106
ROCE3.93 %
ROE2.60 %
Dividend Yield0.89 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)1%
Compounded Profit Growth (TTM)-25%
Consolidated figures.
Valuation
Market capRs 2,820 Cr
Enterprise valueRs 2,793 Cr
P/E (TTM)42.65x
Price to book1.59x
Price to sales2.06x
EV / EBITDA19.11x
EV / EBIT30.60x
EV / sales2.04x
Price to cash flow11.19x
Earnings yield2.34%
Dividend yield0.89%
P/E, 3-year average35.29x
P/B, 3-year average1.85x
P/E, 5-year average30.50x
P/B, 5-year average2.13x
Profitability
Operating margin (excl. other income)7.73%
Operating margin (incl. other income)10.15%
EBITDA margin10.67%
Pre-tax margin6.57%
Net profit margin4.83%
Net margin, latest quarter6.89%
ROE3.15%
ROCE4.36%
ROA2.67%
ROE, 3-year average5.76%
ROCE, 3-year average7.37%
ROA, 3-year average4.86%
ROE, 5-year average8.03%
ROCE, 5-year average10.65%
ROA, 5-year average6.58%
ROIC (approx.)3.82%
Tax rate26.82%
Other income / net worth1.78%
Growth
Sales growth (latest year)-6.44%
Profit growth (latest year)-45.92%
Sales CAGR, 3 years-6.94%
Sales CAGR, 5 years7.10%
Profit CAGR, 3 years-28.02%
Profit CAGR, 5 years-8.85%
Sales growth QoQ22.00%
Profit growth QoQ63.29%
Sales growth YoY (latest quarter)19.87%
Profit growth YoY (latest quarter)60.83%
Per share
EPS (TTM)Rs 3.96
EPS (latest year)Rs 3.33
EPS (latest quarter)Rs 1.66
EPS, 3-year averageRs 5.82
EPS, 5-year averageRs 7.40
Book value per shareRs 106.18
Sales per shareRs 82.01
Cash flow per shareRs 15.09
Free cash flow per shareRs 5.03
Dividend per share (latest year)Rs 1.50
Dividend per share, 3-year averageRs 2.17
Dividend per share, 5-year averageRs 2.50
Dividends
Dividend payout45.03%
Dividend payout, 3-year average38.37%
Dividend payout, 5-year average35.40%
Efficiency
Asset turnover0.62x
Fixed asset turnover1.57x
Inventory turnover6.27x
Inventory days58 days
Debtor days81 days
Debtors turnover4.50x
Creditor days72 days
Cash conversion cycle84 days
Working capital days91 days
Leverage
Total debtRs 8 Cr
Cash and bankRs 35 Cr
Net debtRs -27 Cr
Debt to equity0.00x
Net debt / EBITDA-0.18x
Interest coverage69.16x
Current ratio (filing 2026-03-31)4.31x
Quick ratio (filing 2026-03-31)3.53x
Trade payables (filing 2026-03-31)Rs 152 Cr
Owners' fund to total sources84.02%
Debt to assets0.38%
Cash flow
Cash from Operating Activity (latest year)Rs 252 Cr
Cash from Investing Activity (latest year)Rs -212 Cr
Cash from Financing Activity (latest year)Rs -38 Cr
Net Cash Flow (latest year)Rs 2 Cr
Free cash flow (latest year)Rs 84 Cr
FCFE (approx.: FCF + change in debt)Rs 82 Cr
Cash from ops / profit, 5 years1.18x
Sales to cash flow5.17x
Statement figures
Net sales (TTM)Rs 1,370 Cr
Net sales (latest year)Rs 1,303 Cr
Sales (latest quarter)Rs 403 Cr
Operating profit excl. other income (latest year)Rs 101 Cr
Operating profit (latest quarter)Rs 45 Cr
Other income (TTM)Rs 31 Cr
EBITDA (TTM)Rs 146 Cr
PBDT (TTM)Rs 145 Cr
Profit before tax (TTM)Rs 90 Cr
Tax (latest year)Rs 20 Cr
Net profit (TTM)Rs 66 Cr
Net profit (latest year)Rs 56 Cr
Net profit (latest quarter)Rs 28 Cr
Depreciation (TTM)Rs 55 Cr
Depreciation (latest quarter)Rs 14 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 989 Cr
Total expenditure (latest year)Rs 1,202 Cr
Total income (latest year)Rs 1,334 Cr
Share capitalRs 167 Cr
ReservesRs 1,606 Cr
Shareholders' fundsRs 1,773 Cr
Total assetsRs 2,111 Cr
Net blockRs 831 Cr
Capital work in progressRs 221 Cr
InvestmentsRs 415 Cr
ReceivablesRs 290 Cr
InventoryRs 158 Cr
Other liabilitiesRs 329 Cr
Shares outstanding (crore)16.70
Ownership
Promoter holding33.76% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 42.6 is at the 84th percentile of its own 9.4-year range (median 25.1, low 6.0, high 54.9).
P/B 1.59 is at the 14th percentile (median 2.42).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodNOCILNifty 50Difference
1 week-11.8%-2.8% -9.0 pts
1 month-0.5%-6.8% +6.3 pts
3 months-8.4%-7.6% -0.7 pts
6 months+9.9%+0.4% +9.5 pts
1 year-6.7%-9.9% +3.2 pts
2 years-37.9%-13.6% -24.3 pts
3 years-25.9%+14.2% -40.1 pts
5 years-41.1%+27.9% -69.0 pts
12 mutual fund schemes hold about ₹230 Cr. Over three months 0 bought more and 5 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Mahindra Manulife Small Cap Fund1.51%83 -6%
ICICI Pru Multi Cap Fund0.14%28 -3%
ICICI Pru Multi Cap Fund0.14%27 -3%
ICICI Pru Small Cap Fund0.17%17 -5%
ICICI Pru Small Cap Fund0.17%17 -5%
Canara Rob Manufacturing Fund0.93%16 +0%
ICICI Pru Commodities Fund0.34%14 -5%
Mahindra Manulife Business Cycle Fund0.74%10 +2%
Mahindra Manulife Manufacturing Fund1.38%9 +3%
ICICI Pru Retirement Fund-Pure Equity Plan0.38%8 -4%
Motilal Oswal BSE 1000 Index Fund0.01%0 -2%
ICICI Pru Children's Fund0.00%0 -100%

Red flags

F-score 5 of 8
lookProfit leans on other income Other income was 41% of pre-tax profit in 2026
lookAuditor change Auditor change 2026-05-07: NOCIL Limited has informed the Exchange regarding Change in Auditors of the company.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹403 Cr +19.9% vs Jun 2025. Net profit ₹28 Cr +64.7%.
Against our estimate for Jun 2026: sales +22.1%, profit +92.9% beat. Our estimate for Sep 2026: sales Rs 348 Cr, profit Rs 15 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-24Dividend - Rs 1.50 Per Share
2025-07-30Dividend - Rs 2 Per Share
2024-07-26Annual General Meeting/Dividend - Rs 3 Per Share
2023-07-24Annual General Meeting/Dividend - Rs 3 Per Share
2022-07-20Annual General Meeting/Dividend - Rs 3 Per Share
2021-07-26 Annual General Meeting/Dividend - Rs 2 Per Share
2020-08-19 Annual General Meeting
2020-03-18 Interim Dividend - Rs 2.50 Per Share
2019-07-22 Annual General Meeting/Dividend - Rs 2.50 Per Share
2018-07-17 Annual General Meeting / Dividend- Rs 2.50 Per Share
2017-07-19 Annual General Meeting/Dividend - Rs 1.80 Per Share (Book Closure Start Date Revised)
2016-07-19 Annual General Meeting/ Dividend - Rs 1.20/- Per Share
2015-07-09Annual General Meeting/ Dividend - Re 1/- Per Share
2014-06-19Annual General Meeting / Dividend - Re 0.60/- Per Share
2013-07-18Annual General Meeting And Dividend Re.0.60 Per Share
2012-07-19Annual General Meeting And Dividend - Re.0.60 Per Share
2011-07-14Annual General Meeting And Dividend Re.0.60 Per Share
2010-07-15Annual General Meeting And Dividend Re.0.60 Per Share
2009-07-16Agm/Div-Re.0.60 Per Share
2008-07-10Agm/Dividend - 5%
2007-08-09Agm/Dividend-5%
2006-07-12Agm/Dividend-5%
DateTypeWhat it says
2026-09-23General UpdatesGrant of Options under Long Term Incentive Plan-2024 ( Performance Restricted Stock Units (PRSUs)
2026-09-21Concall / analyst meetSchedule of meet
2026-09-09Volume querySignificant increase in volume has been observed in NOCIL Limited. The Exchange, in order to ensure that investors have latest relevant information ab...
2026-09-08Volume querySignificant increase in volume has been observed in NOCIL Limited. The Exchange, in order to ensure that investors have latest relevant information ab...
2026-09-01General UpdatesDisclosure under Regulation 30 of SEBI( Listing Obligations and Disclosure Requirements) Regulations, 2015-Intimation of Appointment of the Statutory...
2026-08-10Concall / analyst meetTranscript
2026-08-04Concall / analyst meetLink of Recording
2026-08-04Press ReleaseA press release dated August 04, 2026, titled "Unaudited Financial Results for the Quarter ended 30th June, 2026".
2026-08-03Shareholder meetingProceedings of Annual General Meeting held on August 03, 2026
2026-08-03Director changeChange in Director(s) of the company.
2026-08-03Shareholder meetingVoting results.
2026-08-03Investor PresentationInvestor Presentation
2026-08-03Board meeting outcomeNOCIL Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-21Concall / analyst meetSchedule of meet
2026-07-06UpdatesBusiness Responsibility and Sustainability Report for the Financial Year 2025-26.
2026-07-06Shareholder meetingNotice of Annual General Meeting to be held on August 03, 2026
2026-06-09UpdatesCommunication to Shareholders -Intimation regarding Tax Deduction on Dividend.
2026-05-26Director changeChange in Director(s) of the company.
2026-05-22Concall / analyst meetIntimation of Schedule of Analyst / Institutional Investor meetings under the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015
2026-05-20Disclosure under SEBI TakeovHrishikesh A. Mafatlal  has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Subst...
2026-05-15Concall / analyst meetTranscript
2026-05-08Concall / analyst meetLink of Recording
2026-05-07Change in AuditorsChange in Auditors of the company.
2026-05-07Record DateRecord date for the purpose of Dividend is 24-Jul-2026.
2026-05-07Director changeChange in Director(s) of the company.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2019-04-18CESTATNOCIL LIMITED ---VS.--- DESIGNATED AUTHORITY DIRECTORATE GENERAL OF ANTI-DUMPING AND ALLIED DUTIES
2019-03-25CESTATNOCIL LIMITED ---VS.--- DESIGNATED AUTHORITY DIRECTORATE GENERAL OF ANTI-DUMPING AND ALLIED DUTIES
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of NOCIL Ltd?

NOCIL Ltd (NOCIL) has a market capitalisation of Rs 2,830 Cr. at the 2026-10-01 close.

What is the P/E ratio of NOCIL Ltd?

NOCIL Ltd trades at a P/E of 40.7 on trailing twelve-month profit, at the 2026-10-01 close.

What were NOCIL Ltd's latest quarterly results?

In the Jun 2026 quarter, NOCIL Ltd sales was Rs 403 Cr (+19.9% vs Jun 2025) and net profit was Rs 28 Cr.

What is the 52-week high and low of NOCIL Ltd?

The 52-week high is Rs 211.20 and the 52-week low is Rs 125.31.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03