NOCIL's Q1 FY 2025-26 Quarterly Results

Result Summary

• NOCIL Ltd reported a 10.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 10.1%.
• Its expenses for the quarter were down by 1.8% QoQ and 7.3% YoY.
• The net profit decreased 58.4% QoQ and decreased 36.2% YoY.
• The earnings per share (EPS) of NOCIL Ltd stood at 1 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

NOCIL Ltd is a prominent player in the chemical industry, primarily engaged in the production and supply of rubber chemicals. These chemicals are essential for the manufacturing of various rubber products, such as tires and industrial rubber goods. The company has established a strong presence in both domestic and international markets, serving a wide range of industries. NOCIL Ltd is known for its focus on quality and innovation, continually seeking to improve its product offerings and production processes. Recent developments in the industry, including changes in raw material prices and regulatory requirements, might have influenced the company's strategic decisions, although specific updates about the company during the recent quarter are not available.

Revenue

During Q1FY26, NOCIL Ltd reported a total income of ₹342.82 crores. This represents a decline from the previous quarter (Q4FY25), where the total income stood at ₹381.21 crores, marking a quarter-over-quarter (QoQ) decrease of 10.1%. Similarly, when compared to the same quarter of the previous year (Q1FY25), where total income was ₹381.51 crores, there is a year-over-year (YoY) decrease of 10.1%. These figures reflect a consistent reduction in revenue over the periods under review.

Profitability

In terms of profitability, NOCIL Ltd's Profit Before Tax (PBT) for Q1FY26 was ₹23.14 crores. This is a significant decline compared to Q4FY25, where PBT was ₹55.60 crores, indicating a QoQ reduction of 58.4%. Similarly, compared to Q1FY25's PBT of ₹36.76 crores, there is a YoY decrease of 37.1%. The Profit After Tax (PAT) followed a similar trend, decreasing from ₹41.54 crores in Q4FY25 to ₹17.26 crores in Q1FY26, which is a QoQ decline of 58.4%. Compared to Q1FY25’s PAT of ₹27.06 crores, it shows a YoY decrease of 36.2%. The Earnings Per Share (EPS) also decreased from ₹2.50 in Q4FY25 to ₹1.00 in Q1FY26, reflecting a 60.0% QoQ decrease and a 37.5% YoY decrease from the Q1FY25 EPS of ₹1.60.

Operating Metrics

The total expenses for NOCIL Ltd in Q1FY26 were ₹319.68 crores, slightly down from ₹325.61 crores in Q4FY25, resulting in a QoQ decrease of 1.8%. Compared to Q1FY25, where total expenses were ₹344.75 crores, there is a YoY reduction of 7.3%. The tax expense in Q1FY26 was ₹5.88 crores, which is lower than the ₹14.06 crores recorded in the previous quarter, showing a QoQ decrease of 58.2%. Compared to Q1FY25's tax of ₹9.70 crores, the YoY decrease is 39.4%. These metrics highlight the changes in operating costs and tax liabilities over the reviewed periods.