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    NOCIL Limited

    India's largest rubber chemicals maker, supplying tyre and rubber industries in 40+ countries.

    Chemicals
    Commodities
    View NOCIL earnings calls
    ₹162.7
    -3.61% from avg

    Overview

    Price

    ₹162.7

    Market Cap

    ₹2.7k Cr

    Sector

    Chemicals

    Commodities

    Rank

    5

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital166166167167167167167167
    Reserves1.0k1.1k1.3k1.4k1.5k1.6k1.6k1.6k
    Borrowings76610131098
    Other Liabilities250324380295304284291329
    Total Liabilities1.4k1.6k1.8k1.9k2.0k2.1k2.1k2.1k
    AssetsFixed Assets797918909888870855834831
    CWIP15614891660176221
    Investments546853218399366408415
    Other Assets434614859742730776654645
    Total Assets1.4k1.6k1.8k1.9k2.0k2.1k2.1k2.1k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating16417994-3028220126252
    Cash from Investing-101-106-5831-217-77-37-212
    Cash from Financing-50-1010-34-54-55-50-38
    SummaryCapital Expenditure
    Free Cash Flow-73067-66253184-9584
    FCF Margin

    Valuation

    Assumptions

    Current — NOCIL
    Price
    ₹160
    EPS (TTM)
    ₹3.33
    PE (TTM)
    48.1
    Profit growth
    -28.2%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (38.0×) and current (48.1×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹160
    vs
    Fair value · 15% return
    ₹9
    95%Overvalued

    At -28.2% growth and a 38× exit, ₹160 only delivers your return if you pay ₹9. The price is currently baking in 23% growth.

    EPS grows -28.2%/yr for 5 years, then fades to 6% over 2, exits at 38×.

    YearGrowthEPS (₹)
    FY27-28.2%2.39
    FY28-28.2%1.72
    FY29-28.2%1.23
    FY30-28.2%0.88
    FY31-28.2%0.64
    FY32-11.1% ·fade0.56
    FY336.0% ·fade0.60

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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