NOCIL Ltd

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NSEBSE

272.95-2.30 (-0.84%)

03:54 PM,26th Feb 2024

273.10-2.00 (-0.73%)

04:01 PM,26th Feb 2024

BSE : 500730

NSE : NOCIL

Sector : Industrials

ISIN Code : INE163A01018

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Last Updated: Feb 26 2024 | 04:01 PM IST

Market Cap (₹ Cr)

4548

Turnover (₹ Cr)

1.31

Volume (Shares)

481735

Face Value

10

52-WK High

297.80

52-WK High Date

20 Feb 2024

52-WK Low

199.10

52-WK Low Date

27 Mar 2023

All Time High

321.30

All Time High Date

12 Oct 2021

All Time Low

4.75

All Time Low Date

25 Mar 2003

NOCIL Ltd

NOCIL Limited is India's largest manufacturer and supplier of rubber chemicals. The Company is known for product quality customer services and commitment to environmental care. The Company is a part of Arvind Mafatlal Group of Industries a well-known Business House in India with diversified business interests. It has manufacturing plants at Navi Mumbai (Maharashtra) and at Dahej (Gujarat). The Company is engaged in manufacturing and sale of rubber chemicals. The products manufactured by the Company are used by the tyre industry and other rubber processing industries. They have manufacturing facilities in TTC Industrial Area Thane and ancillary manufacturing facilities in the GIDC Industrial Area Vapi. They offer a range of rubber chemicals such as PILFLex which is a rubber anti-degradant PILnox which is a rubber antioxidant PILcure which is a rubber accelerator and PILGarD which is a rubber pre-vulcanization inhibitor. Their subsidiaries include Ensen Holdings Ltd Urvija Investments Ltd and PIL Chemicals Pvt. Ltd.NOCIL Ltd was incorporated on May 11th 1961 as National Organic Chemical Industries Ltd. In the year 1968 the Company commenced production of petrochemicals at NOCIL in technical collaboration with the Royal Dutch Shell Group. Polyolefins Industries Ltd was incorporated in the year 1964 which produced polymers in technical collaboration with Farbwerke Hoechst AG West Germany. In the year 1981 MINDIA Chemicals Ltd which produced rubber chemicals merged with Polyolefins Industries Ltd. In 1993 Polyolefins Industries Ltd merged with company for synergy of operations. Also the company became an Indian company under Arvind Mafatlal Group upon withdrawal of Shell from the company and Hoechst from Polyolefins Industries Ltd. Rubber Chemicals Business operates as NOCIL-RCDIn the year 1995 NOCIL-RCD consolidated their position as an important supplier of rubber chemicals in the global market. In the year 2002 the company decided to close down their Petrochemicals Division due to uneconomical and unviable operations on account of their sub-optimal capacity. During the year 2005-06 as per the scheme of arrangement the net current assets of the Plastic Products Division have been transferred to RELPOL Plastics Products Ltd (formerly known as NOCIL Petrochemicals Ltd a business associate of Reliance Industries Ltd) with effect from July 20 2005.During year 2006-07 Company acquired the entire shareholding of PIL Chemicals Pvt Ltd (formerly known as Sushripada Plastics Pvt Ltd) for Rs 19.50 crore. Thus PIL Chemicals Pvt Ltd became a wholly owned subsidiary of the company. Also Company acquired 60 acre plot of land at Dahej near Bharuch in designated chemical zone of Gujarat Industrial Development Corporation.During the year 2007-08 name of the Company changed from National Organic Chemical Industries Ltd to NOCIL Ltd effective from September 14 2007. During 2011 the company has got assignment of Registered Trademark 'MONOCIL'. In 2013 the company commenced production at its new Greenfield Plant at Dahej.Pursuant to the order of the Hon'ble Bombay High Court regarding the merger of Ensen Holdings Limited and Urvija Investments Limited the erstwhile subsidiaries of the Company (the merged entities) with another subsidiary company viz. PIL Chemicals Private Limited (PIL) the Statutory Reserve created under Section 45 IC of Reserve Bank Of India (Amendment) Act 1997 by the respective merged entities were taken over by PIL.During the year 2017 the company had approved a capital expenditure (capex) of Rs. 170 crore in March 2017. In terms of the said plan capex which was to be incurred at Navi Mumbai got commissioned by the end of June 2018 and Dahej expansion plans got commissioned by end of January 2019.During the FY 2020-21 two promoter entities Suremi Trading Private Ltd and Sushriprada Investments Private Ltd (the Transferor Companies) got merged with NOCIL Ltd. (the Transferee Company / Holding Company) through the Scheme of Amalgamation effective from March 19 2021. In terms of the said scheme 31117689 equity shares of Rs 10/- each were allotted to the shareholders of the said Transferor Companies on March 30 2021.

NOCIL Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

4548

EPS - TTM (₹) [S]

7.12

P/E Ratio (X) [S]

2.78

Face Value (₹) 10
Latest Dividend (%)30.00
Latest Dividend Date 24 Jul 2023
Dividend Yield (%) 1.10
Book Value Share (₹) [S]98.27
P/B Ratio (₹) [S]2.78
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
Groww Nifty Total Market Index Fund-Regular (G) 0.02 672 0.02
Groww Nifty Total Market Index Fund-Direct (G) 0.02 672 0.02

Research Reports

Date BrokerActionPrices(Rs)Report
15-11-2022Prabhudas Lilladher Accumulate 232

Stock Strength

Today's Low/High

271.55

276.40

Week Low/High

271.55

298.00

Month Low/High

252.00

298.00

Year Low/High

199.10

298.00

All time Low/High

4.90

321.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-6.17%-6.14%0.110.00%
1 Month0.98%1.00%2.963.60%
3 Month13.90%13.85%10.3411.76%
6 Month28.99%29.21%12.1814.83%
1 Year18.96%18.88%22.4126.66%
3 Year64.18%64.48%48.2552.26%

Company Info

Company Information

Executive Chairman : Hrishikesh A Mafatlal

Independent Director : Rohit Arora

Director : V R Gupte

Independent Director : D N Mungale

Independent Director : P V Bhide

Managing Director : S R Deo

Independent Director : Dharmishta Narendraprasad Raval

Director : Priyavrata H Mafatlal

Independent Director : Debnarayan Bhattacharya

Company Sec. & Compli. Officer : Amit K Vyas

Managing Director : Anand V.S

Independent Director : A Vellayan

Independent Director : Radhika Haribhakti

Registered Office: Mafatlal House H T Parekh Marg, Backbay Reclamation Churchgate,Mumbai,Maharashtra-400020 Ph: 91-022-66364062

Email:investorcare@nocilindia.com

URL:http://www.nocil.com