NOCIL Limited manufactures and sells rubber chemicals in India. More Details
Flawless balance sheet average dividend payer.
Share Price & News
How has NOCIL's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 500730's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 500730 exceeded the Indian Chemicals industry which returned 17.6% over the past year.
Return vs Market: 500730 exceeded the Indian Market which returned 1.9% over the past year.
Price Volatility Vs. Market
How volatile is NOCIL's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is NOCIL undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 500730 (₹142.3) is trading above our estimate of fair value (₹62.93)
Significantly Below Fair Value: 500730 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 500730 is poor value based on its PE Ratio (21.5x) compared to the IN Chemicals industry average (15.6x).
PE vs Market: 500730 is poor value based on its PE Ratio (21.5x) compared to the Indian market (16.1x).
Price to Earnings Growth Ratio
PEG Ratio: 500730 is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: 500730 is overvalued based on its PB Ratio (2x) compared to the IN Chemicals industry average (1.1x).
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 (14.2% per year) is above the savings rate (7.2%).
Earnings vs Market: 500730's earnings (14.2% per year) are forecast to grow slower than the Indian market (26.5% per year).
High Growth Earnings: 500730's earnings are forecast to grow, but not significantly.
Revenue vs Market: 500730's revenue (21.7% per year) is forecast to grow faster than the Indian market (11.8% per year).
High Growth Revenue: 500730's revenue (21.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 500730's Return on Equity is forecast to be high in 3 years time
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 (15.2%) are lower than last year (16.6%).
Past Earnings Growth Analysis
Earnings Trend: 500730's earnings have grown by 9.2% per year over the past 5 years.
Accelerating Growth: 500730's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 500730 had negative earnings growth (-34.2%) over the past year, making it difficult to compare to the Chemicals industry average (-2.1%).
Return on Equity
High ROE: 500730's Return on Equity (9.3%) is considered low.
How is NOCIL's financial position?
Financial Position Analysis
Short Term Liabilities: 500730's short term assets (₹4.3B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: 500730's short term assets (₹4.3B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 500730 is debt free.
Reducing Debt: 500730 has no debt compared to 5 years ago when its debt to equity ratio was 27.1%.
Debt Coverage: 500730 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 500730 has no debt, therefore 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 (1.76%) is higher than the bottom 25% of dividend payers in the Indian market (0.56%).
High Dividend: 500730's dividend (1.76%) is low compared to the top 25% of dividend payers in the Indian market (2.29%).
Stability and Growth of Payments
Stable Dividend: 500730's dividends per share have been stable 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 (37.8%), 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 (65 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 ($USD423.07K) is about average for companies of similar size in the Indian market ($USD385.77K).
Compensation vs Earnings: Sudhir's compensation has been consistent with company performance over the past year.
|Executive Chairman||15.17yrs||₹38.01m||0.00054% |
|MD & Executive Director||3.08yrs||₹31.21m||0.41% |
|Independent Non Executive Director||13.5yrs||₹2.65m||no data|
|Additional Non Executive-Independent Director||1.33yrs||₹2.73m||no data|
|Independent Non Executive Director||15.17yrs||₹1.98m||no data|
|Independent Non Executive Director||15.17yrs||₹2.13m||no data|
|Non-Executive Director||15.17yrs||₹2.80m||0.00036% |
|Independent Non-Executive Director||9.92yrs||₹2.73m||no data|
|Non-Executive Director||3.33yrs||₹2.05m||0.0073% |
|Non-Executive Independent Director||6.17yrs||₹2.28m||no data|
Experienced Board: 500730's board of directors are seasoned and experienced ( 11.7 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 company bio, employee growth, exchange listings and data sources
- Name: NOCIL Limited
- Ticker: 500730
- Exchange: BSE
- Founded: 1961
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: ₹23.874b
- Shares outstanding: 165.68m
- Website: https://www.nocil.com
- NOCIL Limited
- Mafatlal House
- 3rd Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|500730||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jan 1996|
|NOCIL||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Jan 1996|
NOCIL Limited manufactures and sells rubber chemicals in India. The company offers accelerators, anti-degradants, antioxidants, pre vulcanization inhibitors, and post vulcanization stabilizers. It serves t ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/30 12:34|
|End of Day Share Price||2020/09/30 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.