| Management target | Revenue 10.0% FY27 |
|---|
| Revenue growth | ₹427 Cr in Q2, up 33% YoY; H1 up 36% YoY. |
|---|---|
| Margins | EBITDA margin at 8.4% in Q2; targets 10% for FY27. |
| Demand visibility | Healthy underlying demand; domestic tire industry supported by GST 2.0 tailwinds. |
| Management confidence | Optimistic on volume recovery but cautious regarding persistent cost pressures. |
Growth
H1 revenue grew 36% YoY to ₹830 Cr. Q2 revenue rose 33% YoY, though volumes fell 3%.
Outlook
Management expects FY27 revenue at the upper end of ₹1,400–1,600 Cr with ~10% EBITDA margins.
Risks
Higher fuel, coal, and freight costs are structural headwinds. Anti-dumping duty uncertainty on key products remains a concern.
Last quarter's promises, checked
Delivered
- Q1 EBITDA ~10% FY27 guide → 11.2% (= BEAT, Q1 only)
Partly delivered
- FY27 volume ~10% → Q1 +9% YoY, Q2 -3% (= PARTIAL)
- FY27 EBITDA ~10% → Q1 11.2%, Q2 8.4% (= PARTIAL)
- FY27 revenue ₹1,400–1,600 Cr → H1 ₹830 Cr; H2 needs ₹570–770 Cr (= PARTIAL)
Missed
- Recover deferred volumes in coming quarters → Q2 volumes -3% (= MISS)
Earnings Call Transcript filed with NSE, NSE: NOCIL. Summary written with AI assistance from the document.
NOCIL Ltd: key numbers
- Share price
- ₹137.12
- Market cap
- ₹2,290 Cr
- Revenue (annual)
- ₹1,303 Cr
- Net profit (annual)
- ₹55.63 Cr
- P/E (TTM)
- 29.3×Sector 34.1×
- Promoter holding
- 33.76%+0.00% QoQ
- FII holding
- 5.29%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from NOCIL Ltd
All →NOCIL Investor Presentation: Key Takeaways
Q2FY27 revenue ₹427 Cr (+33% YoY), PAT ₹24 Cr (+98%), EBITDA margin 8.4%. Strategy: China+1 sourcing shift, ₹250 Cr Dahej TDQ expansion, integrated speciality rubber chemicals project.
NOCIL Q2 FY27 Results: Net Profit ₹24.1 Cr, Up 99.2% YoY
NOCIL Ltd reported revenue from operations of ₹426.9 Cr (+33.2% YoY) and net profit of ₹24.1 Cr (+99.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹24.1 Cr · +99.2% YoY
NOCIL Other Announcement
NOCIL Ltd submitted the Compliance Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30th September, 2026.
NOCIL Board Meeting Date
NOCIL Limited's board will meet on October 29, 2026, to approve un-audited financial results for the quarter ended September 30, 2026. This is a prior intimation of a future board meeting.
NOCIL Employee Stock Options
NOCIL Limited granted 1,04,960 Performance Restricted Stock Units (PRSUs) to eligible employees under its Long Term Incentive Plan 2024.
NOCIL Price Movement Clarification
NOCIL confirmed no undisclosed price-sensitive information to explain a spurt in trading volume. The company affirmed ongoing compliance with SEBI LODR Regulations.