NSE: NOCIL | BSE: 500730

Weak Stock

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171.20 0.46 (0.27%)

41.40% Fall from 52W High

20,625 NSE+BSE Volume

NSE 01 Dec, 2025 9:46 AM (IST)

2,859.5

Market Cap

Below industry Median

Beta 1Year

Very High Volatility

NOCIL Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for NOCIL, BSE:500730 NOCIL Ltd.

NOCIL Ltd.

20 Nov 2019

171.20

0.27%

NOCIL Ltd. - Result Update - 20 November 2019

Hold: NOCIL Ltd.

Recommendation Target

Way2Wealth

Management is hopeful of auto-industry revival and expects sales volume to pick up for company in FY21E with commencement of commercial production at Dahej plant. Also, they indicated export share can increase as they are getting enquires from new customers...

NOCIL has lost -35.05% in the last 1 Year

NOCIL Ltd.

04 Nov 2019

171.20

0.27%

Q2FY20 Result Update

Buy: NOCIL Ltd.

Target

Prabhudas Lilladhar

Increased US import duty of 25% on Chinese supplies, augur well for Nocil as tyre majors look to diversify supplies. We tweak our FY20/21E earnings estimates to factor in muted H1 performance. While near term demand slowdown in China and India is a...

Number of FII/FPI investors decreased from 131 to 124 in Sep 2025 qtr

NOCIL Ltd.

25 Sep 2019

171.20

0.27%

Initiating Coverage:NOCIL

Buy: NOCIL Ltd.

Axis Direct

Established player in growing rubber chemicals industry, Growth in tyre industry to uplift rubber chemicals demand, Massive capacity expansion to drive volume growth, We initiate coverage with BUY rating and a target price of Rs. 137 i.e. ~21%

Number of FII/FPI investors decreased from 131 to 124 in Sep 2025 qtr

NOCIL Ltd.

09 Jul 2019

171.20

0.27%

Company Update

Buy: NOCIL Ltd.

Target

Prabhudas Lilladhar

We trim Nocil's FY20-21E estimates by 10-13% as we lower EBIDTA margin and realization assumptions due to sub optimal capacity utilization from auto slowdown and benign raw material prices. China Sunsine (CS; Mkt cap- USD400m) is a world's leading rubber chemicals player with a production capacity of 172,000tons including 30,000tons of insoluble Sulphur. CS had a stellar CY18 led by high realization (+11%YoY) and increased volume (+8%YoY). Our analysis on CS Annual Report suggests that industry consolidation will continue considering China's strict...

NOCIL Ltd. is trading below all available SMAs

NOCIL Ltd.

25 May 2019

171.20

0.27%

Another weak quarter, given auto industry headwinds

Buy: NOCIL Ltd.

Target

Motilal Oswal

Nocil for Q4FY19 reported weak set of numbers; mainly on the back of weak tyre demand. Revenue/PAT declined by 12%/30% YoY, with OPM contraction of 621bps. The slowdown in the auto sector and the uncertainty surrounding anti-dumping duty could to act as an overhang for the stock in the near term. However, we believe that with new capacities coming on stream, Nocil is well placed to (i) benefit from any auto sales revival and (ii) capture incremental demand from both global/ Indian tyre companies, given its long standing relationship...

Promoters pledged 2.84% of shares in last quarter. Total pledge stands at 13.17% of promoter holdings

NOCIL Ltd.

22 Mar 2019

171.20

0.27%

Visit Update - Attractive growth story

Buy: NOCIL Ltd.

Prabhudas Lilladhar

We expect 18% earnings CAGR over FY18-21E. Nocil remains our preferred pick with attractive valuation of ~11x PER FY20E and ROEs of ~18%. Our recent plant visit to Nocil at Dahej reinforced our conviction on a strong growth outlook, notwithstanding near term demand dip due to weak auto...

NOCIL Ltd. has an average target of 168.33 from 3 brokers.

NOCIL Ltd.

11 Feb 2019

171.20

0.27%

Marginally weak Q3 given auto industry headwinds

Buy: NOCIL Ltd.

Target

Motilal Oswal

growth of 5% YoY to INR2.6bn in 3QFY19; after posting strong growth in the last six quarters (average of 28%). Muted volume along with weakness in the realizations (~2-3%), affected the growth. EBITDA also grew 4% YoY to INR725mn as the margins were stable at 27.8% (down 17bps). Despite lower realizations, Nocil could maintain EBITDA/ton as the raw material prices also corrected. PAT was flat YoY at INR447mn, due to lower other income and higher depreciation and tax outgo. To capitalize on the growth opportunities, Nocil had earmarked capex of INR4.25b of which INR1.7bn (phase I) has commenced. Phase II of INR2.6bn is likely to come on stream by 1QFY20, post which the total capacity would double. Nocil Ltd* Phillips Carbon Oriental Carbon Source: Bloomberg, MOSL *MOSL Estimates Debt/Equity 0.03 0.02 0.

Promoters pledged 2.84% of shares in last quarter. Total pledge stands at 13.17% of promoter holdings

NOCIL Ltd.

07 Feb 2019

171.20

0.27%

Nocil Ltd. - Result Update - 07 February 2019

Results Update: NOCIL Ltd.

Way2Wealth

Nocil reported steady Q3FY19 numbers in challenging business environment Domestic automobile growth has witnessed muted growth during 9MFY19 largely on account of extreme swings in crude oil prices, higher upfront costs to customers due to change in regulatory measures relating to insurance and the recent NBFC liquidity woes. On the global front, automobile demand scenario was even more grave as the largest auto market China registered ~3% YoY de-growth in 2018 mainly triggered by the increasing trade war tensions with the US. Despite all these challenges Nocil has recorded a steady quarter with net sales coming in at `261.2 crore (up 4.2% YoY, down 4.0%...

NOCIL Ltd. is trading below all available SMAs

NOCIL Ltd.

01 Feb 2019, 12:00AM

171.20

0.27%

Q3FY19 Result Update - Steady performance

Buy: NOCIL Ltd.

Target

Prabhudas Lilladhar

We cut our FY20/21E earnings estimates by ~6% to factor in weakness in global tyre market as we moderate our volume growth assumptions. However, Nocil with capacities doubling by H2FY20E is well poised to benefit from tight demand-supply situation in global rubber chemicals market. High global tyre capex along with increased domestic capex augurs well for Nocil, even though near term weakness in domestic and global auto sales will be a drag. Nocil has recently started exporting to US in a limited way as tyre players look to diversify supplies on the back of rising US. Reiterate BUY with...

NOCIL has lost -35.05% in the last 1 Year

NOCIL Ltd.

12 Dec 2018

171.20

0.27%

Nocil Ltd. - Initiating Coverage - 12 December 2018

Buy: NOCIL Ltd.

Way2Wealth

Way2Wealth Brokers Pvt. Ltd. (CIN U67120KA2000PTC027628) SEBI Rgn. No. : INH200002739 No. 14, Frontline Granduer, Walton Road, Bangalore-560001; Website: www.way2wealth.com Email: research@way2wealth.com...

NOCIL has lost -35.05% in the last 1 Year

Is NOCIL Ltd. worth buying?

459 Votes:

Buy 80.17%

Sell 11.76%

Hold 8.06%

RESEARCH REPORTS

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Neutral SEE REPORTS >

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