NOCIL Limited engages in the manufacture and sale of rubber chemicals in India.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹283.90|
|52 Week High||₹117.65|
|52 Week Low||₹321.00|
|1 Month Change||-3.42%|
|3 Month Change||14.45%|
|1 Year Change||102.57%|
|3 Year Change||91.70%|
|5 Year Change||276.78%|
|Change since IPO||1,348.47%|
Recent News & Updates
|500730||IN Chemicals||IN Market|
Return vs Industry: 500730 exceeded the Indian Chemicals industry which returned 75.9% over the past year.
Return vs Market: 500730 exceeded the Indian Market which returned 65.9% over the past year.
Stable Share Price: 500730 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 500730's weekly volatility (6%) has been stable over the past year.
About the Company
NOCIL Limited engages in the manufacture and sale of rubber chemicals in India. The company offers accelerators, anti-degradants, antioxidants, pre vulcanization inhibitors, and post vulcanization stabilizers. Its products are used in tire and other rubber processing industries.
NOCIL Fundamentals Summary
|500730 fundamental statistics|
Is 500730 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|500730 income statement (TTM)|
|Cost of Revenue||₹6.37b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 02, 2021
|Earnings per share (EPS)||7.44|
|Net Profit Margin||10.65%|
How did 500730 perform over the long term?See historical performance and comparison
0.7%Current Dividend Yield
Is NOCIL undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 500730 (₹283.9) is trading below our estimate of fair value (₹321.28)
Significantly Below Fair Value: 500730 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 500730 is poor value based on its PE Ratio (38.1x) compared to the Indian Chemicals industry average (19.3x).
PE vs Market: 500730 is poor value based on its PE Ratio (38.1x) compared to the Indian market (21.9x).
Price to Earnings Growth Ratio
PEG Ratio: 500730 is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: 500730 is overvalued based on its PB Ratio (3.7x) compared to the IN Chemicals industry average (2.4x).
How is NOCIL forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 500730's forecast earnings growth (28.1% per year) is above the savings rate (6.7%).
Earnings vs Market: 500730's earnings (28.1% per year) are forecast to grow faster than the Indian market (19.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 500730's revenue (11.7% per year) is forecast to grow slower than the Indian market (12.8% per year).
High Growth Revenue: 500730's revenue (11.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 500730's Return on Equity is forecast to be low in 3 years time (14.8%).
How has NOCIL performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500730 has high quality earnings.
Growing Profit Margin: 500730's current net profit margins (10.7%) are lower than last year (15.2%).
Past Earnings Growth Analysis
Earnings Trend: 500730's earnings have declined by 10.2% per year over the past 5 years.
Accelerating Growth: 500730's earnings growth over the past year (12.9%) exceeds its 5-year average (-10.2% per year).
Earnings vs Industry: 500730 earnings growth over the past year (12.9%) underperformed the Chemicals industry 44.3%.
Return on Equity
High ROE: 500730's Return on Equity (9.6%) is considered low.
How is NOCIL's financial position?
Financial Position Analysis
Short Term Liabilities: 500730's short term assets (₹6.2B) exceed its short term liabilities (₹2.1B).
Long Term Liabilities: 500730's short term assets (₹6.2B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 500730's debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: 500730's debt to equity ratio has reduced from 4% to 0.4% over the past 5 years.
Debt Coverage: 500730's debt is well covered by operating cash flow (1667.7%).
Interest Coverage: 500730 earns more interest than it pays, so coverage of interest payments is not a concern.
What is NOCIL current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 500730's dividend (0.7%) is higher than the bottom 25% of dividend payers in the Indian market (0.33%).
High Dividend: 500730's dividend (0.7%) is low compared to the top 25% of dividend payers in the Indian market (1.38%).
Stability and Growth of Payments
Stable Dividend: 500730's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500730's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.8%), 500730's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Sudhir Deo (66 yo)
Mr. Sudhir Ramchandra Deo has been Managing Director of NOCIL Limited since August 1, 2017. Mr. Deo served as Deputy Managing Director of NOCIL Limited from August 1, 2015 to August 1, 2017. Mr. Deo served...
CEO Compensation Analysis
Compensation vs Market: Sudhir's total compensation ($USD364.80K) is about average for companies of similar size in the Indian market ($USD382.31K).
Compensation vs Earnings: Sudhir's compensation has been consistent with company performance over the past year.
Experienced Board: 500730's board of directors are seasoned and experienced ( 12.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 500730 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
NOCIL Limited's employee growth, exchange listings and data sources
- Name: NOCIL Limited
- Ticker: 500730
- Exchange: BSE
- Founded: 1961
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: ₹47.251b
- Shares outstanding: 166.44m
- Website: https://www.nocil.com
Number of Employees
- NOCIL Limited
- Mafatlal House
- 3rd Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/20 15:15|
|End of Day Share Price||2021/10/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.