Shares of NOCIL Ltd slipped 3.88% to Rs 177.76 on Monday’s session after the company reported a sharp drop in its financial performance for the quarter ended September 2025. The stock opened lower and continued to trade weak following the earnings announcement, compared to the previous close of Rs 184.94. The day range stood between Rs 176.50 and Rs 179.98. NOCIL’s current market capitalisation stands at approximately Rs 29,570 crore.
The rubber chemicals manufacturer posted a 71.23% year-on-year decline in net profit, coming in at Rs 12.12 crore for Q2 FY25-26, versus Rs 42.13 crore in the same quarter last year (Q2 FY24-25).
Revenue also fell sharply, dropping 11.62% YoY to Rs 320.56 crore, compared to Rs 362.70 crore in the corresponding quarter of the previous year.
Operating performance weakened too, with operating profit margin slipping to 6.96%, down from 10.42% a year ago. Profit before depreciation and tax came in at Rs 32.15 crore versus Rs 45.68 crore last year, while profit before tax fell to Rs 18.52 crore from Rs 32.33 crore, registering a 43% decline YoY.
Key Quarterly Highlights:
| Particulars | Sep 2025 | Sep 2024 | YoY Change |
|---|---|---|---|
| Sales | Rs 320.56 crore | Rs 362.70 crore | -12% |
| OPM % | 6.96% | 10.42% | ↓ |
| PBDT | Rs 32.15 crore | Rs 45.68 crore | -30% |
| PBT | Rs 18.52 crore | Rs 32.33 crore | -43% |
| Net Profit | Rs 12.12 crore | Rs 42.13 crore | -71% |
The company’s earnings pressure comes amid continued weakness in export demand and competitive pricing pressures in the chemicals segment.
NOCIL’s valuation currently reflects a P/E ratio of 31.85, and it carries a dividend yield of 1.13%.
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