NOCIL Limited — PPTs, 15-05-2025: Investor Presentation

1. Financial Highlights:

NOCIL reported FY25 revenue of Rs. 1,393 Cr, down 4% YoY due to challenging markets, though volumes rose 4% with exports growing double digits again. Operating EBITDA dropped 30% to Rs. 137 Cr, with margins contracting to 9.9% from 13.5%. Net profit fell 23% to Rs. 103 Cr, net margin at 7.4%. Q4 marked a 7% QoQ revenue increase driven by volumes, with EBITDA margins at 10.1%. The balance sheet remains strong with Rs. 1,762 Cr equity and steady assets at Rs. 2,057 Cr. Operating cash flow was solid at Rs. 262 Cr.

2. Strategic Initiatives & Growth Drivers:

A Rs. 250 Cr capex at the Dahej plant aims to boost capacity and sustainability. The focus is on expanding market share in Asia, Europe, and the US through technical expertise and R&D. Emphasis on green chemistry, sustainable products, and innovations targets high-performance tires and extended-life rubber segments.

3. Business Developments:

No major acquisitions or partnerships reported. Ongoing portfolio innovation and active global customer engagement continue, alongside debottlenecking efforts to improve manufacturing efficiency.

4. Market Position & Competitive Advantage:

As India’s largest rubber chemicals producer, NOCIL enjoys global recognition across 40+ countries. Its integrated operations, advanced technology, and diverse product lineup support the company’s position amid the “China +1” sourcing shift, reducing reliance on China and boosting exports. Strong R&D and sustainability credentials enhance its competitive edge.

5. Investor Implications:

Volume growth and export strength suggest positive growth potential despite margin pressures. Capex and innovation underpin medium-term expansion. Investors should watch execution on capacity ramp-up and margin recovery amid raw material volatility. Overall, NOCIL demonstrates resilience with stable cash flows and a clear strategy to capitalize on global demand for sustainable rubber chemicals.