NOCIL Ltd share Price

NOCIL Ltd is in the Chemicals sector is having a Market Capitalization worth Rs. 4,025.25 crores, it was incorporated in the year 1961. It has reported consolidated sales of Rs. 924.66 crores in March’2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 500730, and also listed on the National Stock Exchange (NSE) with the code NOCIL.

NOCIL Ltd was incorporated under the name of National Organic Chemical Industries Ltd. It is a part of Arvind Mafatlal Group of Industries. NOCIL Ltd is India’s largest rubber chemicals manufacturer and supplier. NOCIL Ltd has manufacturing facilities established in Navi Mumbai (Maharashtra) and Dahej (Gujarat). NOCIL Ltd offers a good range of rubber chemicals like PILFLex (rubber anti-degradant), PILnox (rubber antioxidant), PILcure (rubber accelerator), and PILGarD (rubber pre-vulcanization inhibition). During the financial year 2020, the company continued the planned expansion of production capacities through the allocation of Rs. 450 crores to be spent over a term of 3 years. In the last week of March’2020, the company had to shut down its manufacturing units due to the nationwide lockdown imposed by the government. The promoters of the company own 33.89% of the stake in the company, Foreign Institutional Investors (FII) own 2.16%, Domestic Institutional Investors (DII) own 4.34% stake in the company, and others (such as public & retail investors) hold the balance of 59.61%.

In June 2021, quarterly net revenue was Rs. 344.5 crores, which has increased sharply by approximately 223.44 % from Rs. 106.51 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 47.08 crores, which has improved sharply and increased by nearly 300.34% from a net profit of Rs. 11.76 crores in June 2020. In June 2021, the reported operating profit was at Rs. 268.75 crores, which is also increased sharply by 203.06% as compared to an operating profit of Rs. 88.68 crores for the quarter ending in June 2020. From an EPS of Rs. 0.71 in June 2020, the EPS of NOCIL Ltd has improved and reached Rs. 2.83 per share in June 2021. NOCIL's stock closed at Rs. 242.0 on 20th August’2021 (NSE) and has given a return of 35.20% in the last six months and a return of 103.70% in the previous year.