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5007

NOCILBSE:500730 Stock Report

Market Cap

₹47.3b

7D

-8.7%

1Y

102.6%

Updated

20 Oct, 2021

Data

Company Financials +
500730 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance2/6
Financial Health6/6
Dividends3/6

500730 Overview

NOCIL Limited engages in the manufacture and sale of rubber chemicals in India.

NOCIL Competitors

Price History & Performance

Summary of all time highs, changes and price drops for NOCIL
Historical stock prices
Current Share Price₹283.90
52 Week High₹117.65
52 Week Low₹321.00
Beta1.08
1 Month Change-3.42%
3 Month Change14.45%
1 Year Change102.57%
3 Year Change91.70%
5 Year Change276.78%
Change since IPO1,348.47%

Recent News & Updates

Shareholder Returns

500730IN ChemicalsIN Market
7D-8.7%-2.3%1.2%
1Y102.6%75.9%65.9%

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.

Price Volatility

Is 500730's price volatile compared to industry and market?
500730 volatility
500730 Beta1.08
Industry Beta0.65
Market Beta1

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

FoundedEmployeesCEOWebsite
1961634Sudhir Deohttps://www.nocil.com

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

How do NOCIL's earnings and revenue compare to its market cap?
500730 fundamental statistics
Market Cap₹47.25b
Earnings (TTM)₹1.24b
Revenue (TTM)₹11.63b

38.1x

P/E Ratio

4.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
500730 income statement (TTM)
Revenue₹11.63b
Cost of Revenue₹6.37b
Gross Profit₹5.26b
Expenses₹4.02b
Earnings₹1.24b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 02, 2021

Earnings per share (EPS)7.44
Gross Margin45.23%
Net Profit Margin10.65%
Debt/Equity Ratio0.4%

How did 500730 perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

27%

Payout Ratio

Valuation

Is NOCIL undervalued compared to its fair value and its price relative to the market?

11.6%

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).


Future Growth

How is NOCIL forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

28.1%

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%).


Past Performance

How has NOCIL performed over the past 5 years?

-10.2%

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.


Financial Health

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.


Balance Sheet


Dividend

What is NOCIL current dividend yield, its reliability and sustainability?

0.70%

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

12.8yrs

Average board tenure


CEO

Sudhir Deo (66 yo)

4.17yrs

Tenure

₹27,390,000

Compensation

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.


Board Members

Experienced Board: 500730's board of directors are seasoned and experienced ( 12.8 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

NOCIL Limited's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • NOCIL Limited
  • Mafatlal House
  • 3rd Floor
  • Mumbai
  • Maharashtra
  • 400020
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 15:15
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.