NOCIL Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2026

1.The above Statement of Standalone and Consolidated Audited Financial Results for the quarter and year ended 31 March 2026 are prepared and published in accordance with Regulation 33 of the SEBI LODR, as amended and in accordance with the Indian Accounting Standards (Ind AS), as prescribed under Section 133 of the Companies Act, 2013, read with the relevant Rules issued thereunder and other accounting principles generally accepted in India. The Financial Results have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 07 May 2026. The Financial Results have been subjected to an audit by the statutory auditors of the Company who have expressed an unmodified opinion thereon.
2.The figures for the quarters ended March 31 as reported in these Financial Results are the balancing figures between audited figures in respect of the full financial years ended March 31 and the published year to date figures up to the end of the third quarter of the relevant financial years.
3.The Company is primarily engaged in the business of manufacture of Rubber Chemicals, which in the context of Indian Accounting Standard 108 on Operating Segments , constitutes a single reportable segment.
4.On 21 November 2025, the Government of India notified provisions of The Code on Wages, 2019, The Industrial Relations Code, 2020, The Code on Social Security, 2020 and The Occupational Safety, Health and Working Conditions Code, 2020,'Labour Codes which consolidate twenty-nine existing labour laws into a unified framework governing employee benefits during employment and post-employment.
The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. The Group has assessed and disclosed the incremental impact of these changes on the basis of best information available, consistent with the guidance provided by the Institute of Chartered Accountants of India. Considering the materiality and regulatory-driven, non-recurring nature of this impact, the Group has disclosed such incremental impact as Impact of Labour Codes under Exceptional item in the Financial Results. The incremental impact consisting of gratuity, leave encashment benefits and other long term employee benefits aggregating to Rs. 4.92 crores and Rs. 5.39 crores in the Statement of Standalone and Consolidated Financial Results for the quarter ended 31 December 2025 and year ended 31 March 2026, respectively, primarily arises due to change in the definition of the term wages.
The Group continues to monitor the finalisation of Central and State Rules and clarifications from the Government on other aspects of the Labour Codes and would provide appropriate accounting effect on the basis of such developments, as needed.
5.The Statement of Consolidated Audited Financial Results of NOCIL Limited have been prepared in accordance with Ind AS 110 Consolidated Financial Statements. The Financial results of the wholly owned subsidiary company, PIL Chemicals Limited (NOCIL Group), have been consolidated with the Company.
6.The Audited Statement of Standalone and Consolidated Cash Flows has been prepared under the indirect method as set out in Ind AS 7 - Statement of Cash Flows.
7.The Statement of Standalone and Consolidated Assets and Liabilities as at 31 March 2026 and Statement of Standalone and Consolidated Cash Flows for the year then ended form an integral part of the Financial Results.
8.The Board of Directors have recommended a dividend of Rs.1.5 per equity share of Rs. 10 each, in their meeting held on May 7, 2026 which is subject to approval of the Members in the ensuing Annual General Meeting