NOCIL's Q2 FY 2025-26 Quarterly Results

Result Summary

• NOCIL Ltd reported a 3.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 10.9%.
• Its expenses for the quarter were down by 2.3% QoQ and 7.8% YoY.
• The net profit decreased 29.8% QoQ and decreased 71.2% YoY.
• The earnings per share (EPS) of NOCIL Ltd stood at 0.73 during Q2 FY 2025-26.

Financial Statments for Q2 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 manufacture and sale of rubber chemicals. The company has established itself as a significant supplier within this niche market, catering to both domestic and international clients. Its product portfolio includes a wide range of rubber chemicals that are essential for various applications in the rubber processing industry. While the company has been a longstanding entity in its field, there are no major recent developments available in the current data set that highlight any new expansions, partnerships, or strategic shifts. It is important to note that any additional information beyond this scope would require more comprehensive data.

Revenue

In the second quarter of FY26, NOCIL Ltd reported a total income of ₹330.74 crores. This represents a decrease of 3.5% from the previous quarter, Q1FY26, where total income was ₹342.82 crores. Additionally, on a year-over-year basis, the total income saw a significant decline of 10.9% from ₹371.11 crores in Q2FY25. This downward trend in revenue could be reflective of various market conditions or operational factors that are not detailed within the provided data. The revenue figures highlight a sustained decrease over both sequential and annual comparisons.

Profitability

For the quarter under review, the company's profit before tax was reported at ₹18.52 crores, down by 20.0% from the preceding quarter's ₹23.14 crores, and a notable decrease of 42.7% from the ₹32.33 crores achieved in Q2FY25. Consequently, the profit after tax for Q2FY26 stood at ₹12.12 crores, marking a quarter-over-quarter decline of 29.8% from ₹17.26 crores in Q1FY26 and a year-over-year reduction of 71.2% from ₹42.13 crores in Q2FY25. These figures are accompanied by a rise in the tax expense to ₹6.40 crores, representing an 8.8% increase from the previous quarter. Earnings per share were recorded at ₹0.73, compared to ₹1.03 in Q1FY26 and ₹2.52 in Q2FY25, reflecting decreases of 29.1% QoQ and 71.0% YoY.

Operating Metrics

Total expenses for NOCIL Ltd in Q2FY26 were ₹312.22 crores, which is a reduction of 2.3% from the previous quarter's expenses of ₹319.68 crores, and a decline of 7.8% from ₹338.78 crores in Q2FY25. This indicates a consistent reduction in operating costs over the past year. Despite the reduction in expenses, the decline in revenue appears to have impacted profitability significantly. The data does not provide specific figures for other operating metrics such as the P/E ratio, debt-to-equity ratio, or current ratio, which limits a more detailed analysis of the company's operational efficiency and financial health. The available financial information suggests a focus on managing expenses effectively in light of decreased income.