NOCIL Limited

NSEI:NOCIL Stock Report

Market Cap: ₹39.7b

NOCIL Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NOCIL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
₹74.68
Fair Value
218.4% overvalued intrinsic discount
9
Number of Analysts

Below Fair Value: NOCIL (₹237.79) is trading above our estimate of fair value (₹74.68)

Significantly Below Fair Value: NOCIL is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NOCIL?

Key metric: As NOCIL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for NOCIL. This is calculated by dividing NOCIL's market cap by their current earnings.
What is NOCIL's PE Ratio?
PE Ratio28.2x
Earnings₹1.41b
Market Cap₹39.70b

Price to Earnings Ratio vs Peers

How does NOCIL's PE Ratio compare to its peers?

The above table shows the PE ratio for NOCIL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.2x
524051 Polyplex
24.4xn/a₹37.7b
500201 India Glycols
20.3xn/a₹42.4b
506222 Styrenix Performance Materials
20.3xn/a₹46.4b
500227 Jindal Poly Films
15.7xn/a₹38.8b
NOCIL NOCIL
28.2x20.5%₹39.7b

Price-To-Earnings vs Peers: NOCIL is expensive based on its Price-To-Earnings Ratio (28.2x) compared to the peer average (20.2x).

Price to Earnings Ratio vs Industry

How does NOCIL's PE Ratio compare vs other companies in the IN Chemicals Industry?

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ZUARI Zuari Agro Chemicals
4.6xn/aUS$95.01m
NAGAFERT Nagarjuna Fertilizers and Chemicals
0.2xn/aUS$58.32m
UNIVPHOTO Universus Photo Imagings
2.6xn/aUS$25.35m
526773 Pressure Sensitive Systems (India)
2xn/aUS$6.84m
NOCIL 28.2xIndustry Avg. 28.2xNo. of Companies40PE020406080100+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NOCIL is expensive based on its Price-To-Earnings Ratio (28.2x) compared to the Indian Chemicals industry average (28.2x).

Price to Earnings Ratio vs Fair Ratio

What is NOCIL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NOCIL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio28.2x
Fair PE Ratio24.1x

Price-To-Earnings vs Fair Ratio: NOCIL is expensive based on its Price-To-Earnings Ratio (28.2x) compared to the estimated Fair Price-To-Earnings Ratio (24.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst NOCIL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹237.79
₹268.11
+12.8%
18.1%₹376.00₹197.00n/a9
Jan ’26₹252.83
₹273.44
+8.2%
17.2%₹376.00₹197.00n/a9
Dec ’25₹263.60
₹273.44
+3.7%
17.2%₹376.00₹197.00n/a9
Nov ’25₹286.25
₹277.89
-2.9%
16.4%₹376.00₹197.00n/a9
Oct ’25₹291.35
₹274.00
-6.0%
15.4%₹345.00₹194.00n/a9
Sep ’25₹282.65
₹271.44
-4.0%
16.5%₹345.00₹194.00n/a9
Aug ’25₹324.25
₹270.44
-16.6%
15.6%₹354.00₹213.00n/a9
Jul ’25₹283.55
₹265.56
-6.3%
16.8%₹354.00₹213.00n/a9
Jun ’25₹253.10
₹269.56
+6.5%
19.6%₹389.00₹213.00n/a9
May ’25₹268.95
₹274.11
+1.9%
17.8%₹389.00₹234.00n/a9
Apr ’25₹258.80
₹268.13
+3.6%
18.0%₹389.00₹234.00n/a8
Mar ’25₹263.25
₹268.13
+1.9%
18.0%₹389.00₹234.00n/a8
Feb ’25₹266.85
₹249.14
-6.6%
23.9%₹392.00₹208.00₹233.887
Jan ’25₹274.15
₹241.75
-11.8%
24.3%₹392.00₹205.00₹252.838
Dec ’24₹246.05
₹220.29
-10.5%
7.1%₹250.00₹205.00₹263.607
Nov ’24₹216.60
₹237.67
+9.7%
11.4%₹285.00₹205.00₹286.256
Oct ’24₹227.85
₹234.67
+3.0%
9.3%₹265.00₹205.00₹291.356
Sep ’24₹220.00
₹234.67
+6.7%
9.3%₹265.00₹205.00₹282.656
Aug ’24₹227.80
₹233.80
+2.6%
10.5%₹265.00₹206.00₹324.255
Jul ’24₹221.15
₹224.75
+1.6%
8.6%₹255.00₹206.00₹283.554
Jun ’24₹225.80
₹221.00
-2.1%
10.7%₹255.00₹191.00₹253.104
May ’24₹212.90
₹242.75
+14.0%
14.5%₹290.00₹191.00₹268.954
Apr ’24₹206.65
₹240.25
+16.3%
13.3%₹280.00₹191.00₹258.804
Mar ’24₹221.40
₹272.67
+23.2%
14.8%₹348.00₹220.00₹263.256
Feb ’24₹204.75
₹291.17
+42.2%
13.5%₹348.00₹220.00₹266.856
Analyst Price Target
Consensus Narrative from 9 Analysts
₹268.11
Fair Value
11.3% undervalued intrinsic discount
9
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 18:56
End of Day Share Price 2025/02/06 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 16 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nav BhardwajAnand Rathi Shares and Stock Brokers Limited
null nullAnand Rathi Shares and Stock Brokers Limited
Bhawana IsraniAnand Rathi Shares and Stock Brokers Limited