Is NOCIL an excellent stock to buy?Is NOCIL an excellent stock to buy?

nse: nocil: The Price Trend examination by MoneyWorks4Me indicates it is Semi Strong, which suggests that Nocil Ltd’s price is likely to rise somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

Is NOCIL debt free Company?

The Company is virtually debt free and has a healthy Interest coverage ratio of 224.92.

The Company has maintained an adequate average operating margin of 21.40% in the last five years. Company’s PEG ratio is 0.19.

hare Holding Pattern

Promoter Pledging %

DATE      PROMOTER %    PLEDGE %

  • Mar 2023 84     10.43
  • Dec 2022 84     11.2
  • Sep 2022 84     9.41
  • Jun 2022 85     9.55
  • Mar 2022 85     10

* Figures given above are % of equity capital

Strengths

  • The Company is virtually debt free.
  • The Company has a healthy Interest coverage ratio of 224.92.
  • The Company has maintained adequate average operating margins of 21.40% in the last five years.
  • Company’s PEG ratio is 0.18.
  • The Company consumes an efficient Cash Conversion Cycle of 87.50 days.
  • The Company has a healthy liquidity position with a current ratio of 3.19.
  • Limitations
  • The Company consumes shown a poor profit growth of -1.50% for the past three years.
  • The Company consumes shown a poor revenue growth of 14.64% for the past three years.
  • The Company has a negative cash flow from operations of -31.76.

Quarterly Result (All Figures in Cr.) nse: nocilQuarterly Result (All Figures in Cr.) nse_ nocil

PARTICULARS     DEC 2021             MAR 2022           JUN 2022             SEP 2022             DEC 2022

Net Sales             388.91   462.74   508.90   389.23   325.72

Total Expenditure             338.96   352.20   407.71   327.78   289.15

Operating Profit               49.95     110.54   101.19   61.45     36.57

Other Income    0.87       1.06       0.95       1.19       2.71

Interest                0.28       0.37       0.28       0.34       0.30

Depreciation      10.50     15.99     13.37     13.63     13.84

Exceptional Items            0             0             0             0             0

Profit Before Tax              40.04     95.24     88.49     48.67     25.14

Tax         10.15     26.77     22.86     12.76     6.38

Profit After Tax 29.89     68.47     65.63     35.91     18.76

Adjusted EPS (Rs)             1.80       4.11       3.94       2.16       1.13

Revenue & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS     MAR 2018           MAR 2019           MAR 2020           MAR 2021           MAR 2022

Net Sales             967.64   1,042.90              846.29   924.66   1,571.31

Total Expenditure             704.77   752.62   669.84   797.73   1,288.41

Operating Profit               262.87   290.28   176.45   126.93   282.90

Other Income    14.33     10.01     9.70       14.28     4.84

Interest                1.22       0.63       1.32       0.96       1.07

Depreciation      22.91     22.97     32.42     36.07     47.08

Exceptional Items            0             0             0             0             0

Profit Before Tax              253.07   276.69   152.41   104.18   239.59

Tax         84.46     92.60     21.43     17.69     63.64

Net Profit            168.61   184.09   130.98   86.49     175.95

Adjusted EPS (Rs.)            10.25     11.13     7.91       5.20       10.56

Balance Sheet (All Figures are in Crores.)

PARTICULARS     MAR 2018           MAR 2019           MAR 2020           MAR 2021           MAR 2022

Equity and Liabilities

  • Share Capital 48   165.42   165.61   166.22   166.57
  • Total Reserves 95   987.64   1,010.40              1,107.28              1,267.30
  • Borrowings 0             0             0             0             0
  • Other N/C liabilities 60   120.07   111.92   115.12   121.47
  • Current liabilities 55   154.69   139.94   210.28   260.90
  • Total Liabilities 1,315.58              1,427.82              1,427.87              1,598.90               1,816.24

Assets

  • Net Block 14   628.63   769.02   891.30   884.01
  • Capital WIP 16     130.51   156.30   13.97     8.19
  • Intangible WIP 0             0             0             0             0
  • Investments 01     51.42     48.92     49.75     60.65
  • Loans & Advances 41     44.33     35.81     32.92     31.13
  • Other N/C Assets 1             96       0.98       0.81       0.79
  • Current Assets 86   571.97   416.84   610.15   831.47
  • Total Assets 1,315.58              1,427.82              1,427.87              1,598.90               1,816.24

* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows nse: nocil (All Figures are in Crores.)

  • [PARTICULARS MAR 2018           MAR 2019           MAR 2020           MAR 2021               MAR 2022]
  • Revenue from operations 07   276.69   152.41   104.18   239.59
  • Change [15.67 98     24.25     23.46     42.63]
  • Variations in Assets & Liabilities -90.16 -39.99   50     -37.16   -254.88
  • Tax Paid -80.19   -87.81   -51         -0.10      -59.10
  • Working Cash Flow [98.39   87   177.16   90.38     -31.76]
  • Investing Cash Flow [-137.86               -102.26 -104.23 -54.94   82]
  • Funding Cash Flow [-42.16  -49.60   -100.57 28       -33.60]
  • Net Cash Movement -81.63   01     -27.64   35.72     -32.54

Business Actions

  • Dividend
  • Bonus
  • Rights
  • Split
  • EX DATE RECORD DATE    DIVIDEND%               TYPE
  • 20 Jul 2022 22 Jul 2022         30           3             Final
  • 26 Jul 2021 28 Jul 2021         20           2             Final
  • 18 Mar 2020 19 Mar 2020       25           5         Interim
  • 22 Jul 2019 24 Jul 2019         25           5         Final
  • 17 Jul 2018 19 Jul 2018         25           5         Final

Why is NOCIL falling? nse: nocil

NOCIL Nocil is falling or rising for technical reasons

It appears as if Nocil NOCIL made a significant move recently. The stock of Nocil (NOCIL) is trading above a critical moving average line, but it crossed this line recently, which means that it could show a small or significant fall soon enough, depending on its trend.

It appears as if Nocil NOCIL made a significant move recently.

The stock of Nocil (NOCIL) is trading above a critical moving average line, but it crossed this line recently, which means that it could show a small or significant fall soon enough, depending on its trend. My analysis of Nocil is bullish for the short term, and the stock might increase to 218.5 or 224.3. Use a stop loss of 213.71, and if this stock hits its stop loss, then it can fall till 208.88

Nocil Ltd Company ProfileNocil Ltd Company Profile

  • Industry
  • Chemicals
  • Sector
  • Basic Materials
  • Employees

675

NOCIL Limited is an India-based company that is engaged in the business of manufacturing and sale of rubber chemicals. The Company offers products in various categories, such as anti-degradants/antioxidants, accelerators, pre-vulcanization inhibitors, and post-vulcanization stabilizers. The tire industry and other rubber processing industries use the Company’s products.

The products are factory-made by the Company. It has manufacturing facilities at TTC Industrial Area in Thane, Maharashtra, and Dahej, Gujarat. Its subsidiary includes PIL Chemicals Limited, which processes rubber chemical products.

Top Executives of nse: nocil

Name Age Since Title
Sudhir Ramchandra Deo 66 2014 MD & Executive Director
Hrishikesh Arvind Mafatlal 66 1984 Executive Chairman
Rohit Arora 63 2005 Independent Non-Executive Director
Pradeep Vasudeo Bhide 72 2010 Independent Non-Executive Director
Vilas Raghunath Gupte 77 2005 Independent Director
Dhananjay Narendra Mungale 69 2007 Independent Non-Executive Director
Dharmishta Narendraprasad Raval 66 2014 Non-Executive Independent Director
Priyavrata Hrishikesh Mafatlal 35 2017 Non-Executive Director
Debnarayan Bhattacharya 74 2019 Non-Executive-Independent Director
V. S. Anand 48 2022 Deputy MD & Executive Director
A. Vellayan – 2023 Director