NOCIL Limited (NOCIL) AI Stock Analysis

• Market Cap: ₹27.51B
• Dividend Yield: 1.27%
• Average Volume (3M): 23.58K
• Price to Earnings (P/E): 70.0
• Beta (1Y): 1.08
• Revenue Growth: -8.20%
• EPS Growth: -55.26%
• Country: IN
• Employees: 716
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 0.90
• Shares Outstanding: 167,024,930
• 10 Day Avg. Volume: 31,668
• 30 Day Avg. Volume: 23,576
• PEG Ratio: -1.27
• Price to Book (P/B): 1.68
• Price to Sales (P/S): 2.13
• P/FCF Ratio: -30.60
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹150.00
• Price Target Upside: -1.35% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): 6
• Revenue Forecast (FY): ₹15.34B

• Rating: 67 Neutral
• Price Target: ₹173.00 ▲(13.78% Upside)
• Action: Reiterated Date: 03/24/26
• Date: Action: Reiterated 03/24/26

The score is driven primarily by solid financial resilience from a strong, low-debt balance sheet, partially offset by weak cash generation and declining profitability trends. Technically, momentum is supportive, but the stock’s high P/E meaningfully limits the overall score despite a modest dividend yield.

Positive Factors

Very low leverage / strong equity base

An 85.7% equity ratio and near-zero debt give NOCIL durable financial flexibility. Low leverage reduces interest risk, supports capital expenditure or downturn funding without refinancing, and preserves strategic optionality for partnerships or capacity investments over the medium term.

Negative Factors

Negative free cash flow and weak cash conversion

Persistent negative free cash flow and poor cash conversion reduce internal funding for capex, working capital, and dividends. Over months this limits strategic flexibility, increases reliance on external financing if investments are needed, and can constrain growth or margin-improvement programs.

NOCIL Limited Business Overview & Revenue Model

Company Description

NOCIL Limited engages in the manufacture and sale of rubber chemicals for tire and other rubber processing industries in India. The company offers accelerators, anti-degradants, antioxidants, pre vulcanization inhibitors, and post vulcanization st...

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NOCIL Limited engages in the manufacture and sale of rubber chemicals for tire and other rubber processing industries in India. The company offers accelerators, anti-degradants, antioxidants, pre vulcanization inhibitors, and post vulcanization st...

How the Company Makes Money

NOCIL makes money primarily by manufacturing and selling rubber chemicals to industrial customers, especially tire manufacturers and other producers of rubber-based goods. Its core revenue stream is product sales of rubber processing chemicals—mos...

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NOCIL makes money primarily by manufacturing and selling rubber chemicals to industrial customers, especially tire manufacturers and other producers of rubber-based goods. Its core revenue stream is product sales of rubber processing chemicals—mos...

NOCIL Limited Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	13.15B	13.93B	14.37B	16.17B	15.61B	9.13B
Gross Profit	5.20B	5.95B	5.88B	7.29B	7.02B	4.08B
EBITDA	1.37B	1.37B	2.34B	2.59B	2.89B	1.45B
Net Income	630.70M	1.03B	1.33B	1.49B	1.76B	884.10M
Balance Sheet
Total Assets	20.72B	20.57B	20.15B	18.57B	18.30B	16.15B
Cash, Cash Equivalents and Short-Term Investments	3.01B	2.73B	3.73B	2.30B	297.80M	1.20B
Total Debt	93.40M	103.00M	131.30M	97.90M	55.20M	56.10M
Total Liabilities	3.01B	2.95B	3.17B	3.05B	3.85B	3.30B
Stockholders Equity	17.71B	17.62B	16.99B	15.52B	14.45B	12.85B
Cash Flow
Free Cash Flow	325.20M	-969.90M	1.66B	2.52B	-664.40M	666.10M
Operating Cash Flow	1.36B	255.60M	2.01B	2.82B	-302.20M	935.60M
Investing Cash Flow	-1.05B	-369.50M	-773.60M	-2.17B	311.60M	-621.00M
Financing Cash Flow	-358.90M	-502.10M	-553.00M	-537.70M	-336.00M	2.70M

NOCIL Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 152.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NOCIL, the sentiment is Positive. The current price of 152.05 is above the 20-day moving average (MA) of 149.42, above the 50-day MA of 145.13, and below the 200-day MA of 167.50, indicating a neutral trend. The MACD of 5.84 indicates Negative momentum. The RSI at 62.72 is Neutral, neither overbought nor oversold. The STOCH value of 53.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:NOCIL.

NOCIL Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FCL	75 Outperform	₹26.66B	23.71	―	0.65%	-10.12%	-22.38%
NOCIL	67 Neutral	₹27.51B	70.01	―	1.27%	-8.20%	-55.26%
GUJALKALI	65 Neutral	₹43.13B	-46.40	―	3.11%	10.35%	―
ROSSARI	64 Neutral	₹25.00B	24.59	―	0.09%	15.47%	-1.72%
INDIANHUME	63 Neutral	₹18.00B	8.72	―	1.00%	0.25%	452.41%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
TIRUMALCHM	45 Neutral	₹22.30B	-15.05	―	0.43%	-11.11%	-340.74%

NOCIL Limited Corporate Events