NOCIL Limited

NSEI:NOCIL Stock Report

Market Cap: ₹30.8b

NOCIL Past Earnings Performance

Past criteria checks 1/6

NOCIL's earnings have been declining at an average annual rate of -12.9%, while the Chemicals industry saw earnings growing at 6.5% annually. Revenues have been declining at an average rate of 0.2% per year. NOCIL's return on equity is 3.1%, and it has net margins of 4.3%.

Key information

-12.85%

Earnings growth rate

-12.94%

EPS growth rate

Chemicals Industry Growth17.68%
Revenue growth rate-0.20%
Return on equity3.14%
Net Margin4.27%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Narrative Update Jun 26

NOCIL: Higher Margin Outlook Will Support Future Upside Potential

Analysts have lifted their fair value estimate for NOCIL from ₹217.00 to ₹311.03, citing an updated view that combines a slightly lower discount rate, adjusted revenue growth expectations, a higher projected profit margin and a modestly lower future P/E assumption. What's in the News for NOCIL NOCIL has announced an annual dividend of ₹1.50 per share, with a scheduled payment date of September 2, 2026, an ex-dividend date of July 24, 2026, and a record date also on July 24, 2026.
Narrative Update May 04

NOCIL: Upcoming Board Decisions On Results And Dahej Expansion Will Support Upside

Analysts have kept the NOCIL price target steady at ₹217, citing updated assumptions around a slightly lower discount rate, modestly higher revenue growth and profit margin expectations, and a reduced future P/E multiple as key drivers of their unchanged view. What's in the News NOCIL has scheduled a board meeting on May 7, 2026 to consider and approve the audited standalone and consolidated financial results for the year ended March 31, 2026, along with the related audit report (Key Developments).
Narrative Update Apr 20

NOCIL: Dahej Capacity Expansion And Dividend Decisions Will Shape Balanced Outlook

Analysts have nudged their price target on NOCIL slightly higher to about ₹191 from ₹190.50, reflecting updated assumptions around profit margin and a lower future P/E multiple in their valuation work. What's in the News A board meeting is scheduled for May 7, 2026 to review and approve the audited standalone and consolidated financial results for the year ended March 31, 2026, and to consider payment of dividend on equity shares, if any (company filing).
Narrative Update Apr 05

NOCIL: Dahej Capacity Expansion And Stable Assumptions Will Support Long Term Upside

Analysts have maintained their price target for NOCIL at ₹190.5. The latest update reflects slightly adjusted assumptions around the discount rate and future P/E, while keeping fair value and margin expectations broadly unchanged. What's in the News Board meeting scheduled for Mar 16, 2026 to consider approval for capital expenditure of about ₹130 Cr for capacity expansion at the Dahej plant (Board Meeting agenda).
Narrative Update Mar 22

NOCIL: Upcoming Board Decisions On Results And Dahej Expansion Will Support Upside

Analysts have maintained their price target for NOCIL at ₹217. Small adjustments to revenue growth, profit margin, and future P/E assumptions are viewed as offsetting each other, rather than leading to a clear change in fair value.
Narrative Update Mar 08

NOCIL: Upcoming Board Review Will Highlight Prospects For Undervalued Rubber Chemical Producer

Analysts have revised their price target on NOCIL from ₹310.07 to ₹217.00, citing updated assumptions on the discount rate, revenue growth, profit margin, and a lower future P/E multiple. What's in the News NOCIL has scheduled a board meeting for Feb 11, 2026 to review and approve its unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (Key Developments).
Narrative Update Feb 22

NOCIL: Upcoming Board Meeting Will Support Positive Long Term Outlook

Analysts have trimmed their price target on NOCIL from ₹198.50 to ₹190.50, reflecting updated assumptions around slightly higher revenue growth, a modestly lower profit margin, a reduced discount rate, and a marginally higher future P/E multiple. What's in the News NOCIL has scheduled a Board meeting on Feb 11, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025 (Key Developments).
Narrative Update Feb 06

NOCIL: Steady Fair Value Will Highlight Downside Risk At Upcoming Board Review

Analysts have maintained their fair value estimate for NOCIL at ₹118.00, noting that only modest adjustments to discount rate, revenue growth and profit margin assumptions, together with a slightly lower forward P/E input, were not sufficient to alter the overall price target. What's in the News A board meeting is scheduled for February 11, 2026, to review and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, along with the limited review report.
Analysis Article Feb 05

Why Investors Shouldn't Be Surprised By NOCIL Limited's (NSE:NOCIL) P/E

When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 23x, you may consider NOCIL...
Narrative Update Jan 23

NOCIL: Stable Fair Value And Board Review Will Shape Future Share Performance

Analysts have kept their price target for NOCIL steady at ₹118.0, citing updated assumptions for discount rate, revenue growth, profit margin and future P/E that remain closely aligned with prior estimates. What's in the News NOCIL has scheduled a board meeting for Feb 11, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025, along with the limited review report.
Narrative Update Jan 09

NOCIL: Higher Required Returns Will Likely Restrain Future Share Performance

Analysts have kept their price target for NOCIL unchanged at ₹118, citing slightly adjusted assumptions on discount rate, revenue growth, profit margin and future P/E as the key factors behind maintaining the prior valuation view. Valuation Changes Fair Value: Fair value estimate remains unchanged at ₹118.0, so the headline valuation output is stable.
Narrative Update Dec 14

NOCIL: Softer Margins And Slower Demand Will Pressure Future Returns

Analysts have trimmed their price target for NOCIL from ₹126 to ₹118 as they factor in slightly slower revenue growth expectations, softer margin forecasts, and a higher implied future P/E multiple. What's in the News Board meeting scheduled on October 31, 2025 at 14:30 IST to review and approve unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (company filing) Management to present the limited review report, statement of assets and liabilities, and cash flow statement for the half year ended September 30, 2025 (company filing) The agenda also includes consideration of other routine and strategic business items that may be taken up during the meeting (company filing) Valuation Changes Fair Value Estimate trimmed from ₹126 to ₹118, reflecting a modestly more cautious outlook on near term performance.
Narrative Update Nov 28

NOCIL: Upcoming Board Meeting Will Reveal Half-Year Financial Progress

Analysts have slightly raised their price target for NOCIL from ₹197.25 to ₹198.50, citing minor adjustments in profit margin expectations and future price-to-earnings estimates. What's in the News NOCIL Limited has scheduled a Board Meeting on October 31, 2025, at 14:30 IST to consider and approve the Un-Audited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2025 (Company Filing).
Narrative Update Nov 13

NOCIL: Upcoming Board Meeting Will Determine Financial Performance Outlook

Analysts have revised their price target for NOCIL downward from ₹200.75 to ₹197.25. They cited improved profit margins and revenue growth forecasts, but noted that a lower estimated fair value and future price-to-earnings ratio contributed to the slight decrease.
Narrative Update Oct 30

NOCIL: Board Meeting And Steady Profit Margins Will Drive Measured Progress

Analysts have maintained their price target for NOCIL at ₹200.75, reflecting steady confidence in the company's outlook as incremental changes in discount rate and profit margin remain negligible. What's in the News The Board of Directors of NOCIL will meet on October 31, 2025 to consider, approve, and take on record the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025, along with the limited review report and other business matters (Key Developments).
Narrative Update Oct 16

Dahej Expansion And Antidumping Measures Will Unlock Export Opportunities

Analysts have slightly revised their price target for NOCIL downward, decreasing it from ₹205.38 to ₹200.75. This adjustment is based on updated expectations around revenue growth, profit margin, and risk profile.
Analysis Article Aug 12

NOCIL Limited Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

NSEI:NOCIL 1 Year Share Price vs Fair Value Explore NOCIL's Fair Values from the Community and select yours...
Analysis Article Jul 19

NOCIL's (NSE:NOCIL) Sluggish Earnings Might Be Just The Beginning Of Its Problems

NOCIL Limited's ( NSE:NOCIL ) recent weak earnings report didn't cause a big stock movement. We think that investors...
Analysis Article Jul 17

NOCIL's (NSE:NOCIL) Shareholders Will Receive A Smaller Dividend Than Last Year

NOCIL Limited's ( NSE:NOCIL ) dividend is being reduced from last year's payment covering the same period to ₹2.00 on...
Analysis Article Jul 03

NOCIL's (NSE:NOCIL) Shareholders Will Receive A Smaller Dividend Than Last Year

NOCIL Limited ( NSE:NOCIL ) is reducing its dividend from last year's comparable payment to ₹2.00 on the 6th of...
Analysis Article May 18

Earnings Update: NOCIL Limited (NSE:NOCIL) Just Reported And Analysts Are Trimming Their Forecasts

Investors in NOCIL Limited ( NSE:NOCIL ) had a good week, as its shares rose 2.5% to close at ₹184 following the...
Analysis Article Apr 17

NOCIL Limited (NSE:NOCIL) Shares Could Be 48% Below Their Intrinsic Value Estimate

Key Insights The projected fair value for NOCIL is ₹366 based on 2 Stage Free Cash Flow to Equity NOCIL's ₹189 share...
Analysis Article Mar 03

NOCIL Limited's (NSE:NOCIL) 26% Share Price Plunge Could Signal Some Risk

Unfortunately for some shareholders, the NOCIL Limited ( NSE:NOCIL ) share price has dived 26% in the last thirty days...
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New Narrative Feb 09

Export Focus And Operational Efficiencies Will Strengthen Rubber Chemical Outlook

Strategic customer engagement and product approvals aim to enhance export market share, driving revenue growth as international demand rises.
Analysis Article Oct 31

NOCIL Limited Just Missed Revenue By 8.3%: Here's What Analysts Think Will Happen Next

Last week saw the newest quarterly earnings release from NOCIL Limited ( NSE:NOCIL ), an important milestone in the...
Analysis Article Aug 13

Revenue Miss: NOCIL Limited Fell 6.1% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

NOCIL Limited ( NSE:NOCIL ) came out with its quarterly results last week, and we wanted to see how the business is...
Analysis Article Jul 20

Why NOCIL's (NSE:NOCIL) Shaky Earnings Are Just The Beginning Of Its Problems

A lackluster earnings announcement from NOCIL Limited ( NSE:NOCIL ) last week didn't sink the stock price. Our analysis...
Analysis Article Jul 13

NOCIL (NSE:NOCIL) Has Affirmed Its Dividend Of ₹3.00

NOCIL Limited's ( NSE:NOCIL ) investors are due to receive a payment of ₹3.00 per share on 7th of September. This means...
Analysis Article Jul 05

Earnings Not Telling The Story For NOCIL Limited (NSE:NOCIL) After Shares Rise 33%

NOCIL Limited ( NSE:NOCIL ) shares have had a really impressive month, gaining 33% after a shaky period beforehand. The...
Analysis Article Jun 29

NOCIL (NSE:NOCIL) Has Announced A Dividend Of ₹3.00

The board of NOCIL Limited ( NSE:NOCIL ) has announced that it will pay a dividend of ₹3.00 per share on the 7th of...
Analysis Article Jun 15

NOCIL's (NSE:NOCIL) Dividend Will Be ₹3.00

The board of NOCIL Limited ( NSE:NOCIL ) has announced that it will pay a dividend of ₹3.00 per share on the 7th of...
Analysis Article Jun 01

NOCIL (NSE:NOCIL) Has Announced A Dividend Of ₹3.00

The board of NOCIL Limited ( NSE:NOCIL ) has announced that it will pay a dividend on the 7th of September, with...
Analysis Article Feb 12

Results: NOCIL Limited Beat Earnings Expectations And Analysts Now Have New Forecasts

Shareholders might have noticed that NOCIL Limited ( NSE:NOCIL ) filed its third-quarter result this time last week...
Analysis Article Jul 13

NOCIL (NSE:NOCIL) Will Pay A Dividend Of ₹3.00

NOCIL Limited ( NSE:NOCIL ) has announced that it will pay a dividend of ₹3.00 per share on the 30th of August. The...
Analysis Article Jun 28

NOCIL (NSE:NOCIL) Will Pay A Dividend Of ₹3.00

The board of NOCIL Limited ( NSE:NOCIL ) has announced that it will pay a dividend of ₹3.00 per share on the 30th of...
Analysis Article Jun 02

NOCIL (NSE:NOCIL) Has Announced A Dividend Of ₹3.00

NOCIL Limited ( NSE:NOCIL ) has announced that it will pay a dividend of ₹3.00 per share on the 30th of August. This...

Revenue & Expenses Breakdown

How NOCIL makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:NOCIL Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2613,0305569420
31 Dec 2513,1235949280
30 Sep 2513,1466319330
30 Jun 2513,5679319270
31 Mar 2513,9271,0299490
31 Dec 2414,0951,2369320
30 Sep 2414,3201,4079350
30 Jun 2414,2021,2589380
31 Mar 2414,4471,3309220
31 Dec 2314,8091,1989320
30 Sep 2314,6601,0849070
30 Jun 2315,0431,1708800
31 Mar 2316,1661,4928760
31 Dec 2216,8661,8988690
30 Sep 2217,4982,0098490
30 Jun 2217,3571,9528320
31 Mar 2215,7131,7618090
31 Dec 2114,3061,4458250
30 Sep 2113,1621,3708130
30 Jun 2111,6271,2398000
31 Mar 219,2478847020
31 Dec 208,1537307520
30 Sep 207,3517167630
30 Jun 207,2321,0977750
31 Mar 208,4631,3078150
31 Dec 198,7521,4508530
30 Sep 199,4211,6898130
30 Jun 1910,0441,6687910
31 Mar 1910,4291,8497800
31 Mar 189,6761,6997860
31 Mar 177,4229717160
31 Mar 167,1527836380

Quality Earnings: NOCIL has high quality earnings.

Growing Profit Margin: NOCIL's current net profit margins (4.3%) are lower than last year (7.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: NOCIL's earnings have declined by 12.9% per year over the past 5 years.

Accelerating Growth: NOCIL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NOCIL had negative earnings growth (-45.9%) over the past year, making it difficult to compare to the Chemicals industry average (13.6%).


Return on Equity

High ROE: NOCIL's Return on Equity (3.1%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/06 13:49
End of Day Share Price 2026/07/06 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NOCIL Limited is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sailesh Raja360 ONE Capital Market Private Limited
null nullAnand Rathi Shares and Stock Brokers Limited
Nav BhardwajAnand Rathi Shares and Stock Brokers Limited