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Earnings Call

NOCIL Earnings Call: Key Takeaways

NOCIL delivers record volumes but faces severe margin contraction due to dumping from China/Korea and rising input costs. Management is banking on anti-dumping duties and specialized segments to recover profitability.

Why this was an Alfa AlertNot a filter event. Results show margin contraction and are largely in line with recovery expectations without a material guidance beat.
Highlights
Revenue growthRevenue at ₹330cr, 5% sequential growth; full-year flat YoY.
MarginsMargins hit by inventory effects and dumping; EBITDA at 7.7%.
Demand visibilityStrong domestic demand from tire industry; GST 2.0 aiding uptake.
Management confidenceCautiously optimistic; focusing on operational resilience and cost optimization.

Growth

Volume growth of 7% QoQ and 3% YoY driven by domestic demand; revenue stagnated due to pricing pressure.

Outlook

Targeting double-digit volume growth in FY27 and a 150bps EBITDA margin improvement from FY26 base.

Risks

Continued dumping from FTA regions and raw material volatility (Aniline/MIBK) pose significant threats to EBITDA margins.

Source

Earnings Call filed with BSE, NSE: NOCIL. Summary written with AI assistance from the document.

Read the document ↗

NOCIL Ltd: key numbers

Share price
₹188.41
Market cap
₹3,147 Cr
Revenue (annual)
₹1,303 Cr
Net profit (annual)
₹55.63 Cr
P/E (TTM)
47.6×Sector 37.5×
Promoter holding
33.76%+0.00% QoQ
FII holding
4.78%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from NOCIL Ltd

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19:05 IST BSE
Employee Stock Options

NOCIL Employee Stock Options

NOCIL Limited granted 1,04,960 Performance Restricted Stock Units (PRSUs) to eligible employees under its Long Term Incentive Plan 2024.

12:38 IST NSE
Price Movement Clarification

NOCIL Price Movement Clarification

NOCIL confirmed no undisclosed price-sensitive information to explain a spurt in trading volume. The company affirmed ongoing compliance with SEBI LODR Regulations.

14:19 IST BSE
Financial Results

NOCIL Q1 FY27 Results: Net Profit ₹27.8 Cr, Up 60.7% YoY

NOCIL Ltd reported revenue from operations of ₹403 Cr (+19.9% YoY) and net profit of ₹27.8 Cr (+60.7% YoY) for Q1 FY27.

Key figure
Net profit ₹27.8 Cr · +60.7% YoY