# NOCIL share price today (NOCIL Ltd, NSE: NOCIL) > NOCIL share price today: ₹137.02 at the NSE close on 4 November 2026, down 22.0% in a year. NOCIL (NSE: NOCIL) is worth ₹2,290 crore, trades at a P/E of 28.1 and has closed between ₹128.23 and ₹194.56 over the past 52 weeks. > NOCIL Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. NOCIL · Petrochem - Polymers · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/nocil-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Getting better, from the last 12 quarters - Price: ₹137.02 (−22.0% in a year) - P/E: 28.1× (higher than 54% of the last 11 years) - Revenue (Sep 2026): ₹427 Cr (+33.0% on a year ago) - Profit (Sep 2026): ₹24.0 Cr (+100.0% on a year ago) - Operating margin: 8.0% (+1.0 points on a year ago) - ROCE: 4%, FY26 - ROIC: 3.8%, against a 12.0% cost of capital: −8.2 points The main question: foreign institutions moved −2.6 percentage points over 8 quarters while the business went the other way. ## What is the NOCIL share price today? NOCIL Ltd's share price was ₹137.02 at the close on 4 November 2026. It has been rising for 6 weeks. That is 18.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹128 and ₹195, and at that close it sat 13% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 3 weeks running. Over the last 11 years the share price moved +204% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 16 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at NOCIL this quarter? Two changes stood out: foreign funds (FIIs) raised their stake for 3 quarters in a row and highest quarterly revenue in 16 quarters. 1. Foreign funds (FIIs) raised their stake for 3 quarters in a row From 4.5% to 5.3% of the company by the September 2026 quarter. 2. Highest quarterly revenue in 16 quarters Revenue of ₹427 crore in the September 2026 quarter is the highest of the last 16 quarters. Why: Revenue hit a record because selling prices rose, and that more than made up for slightly lower volumes. The company passed higher costs into prices. Next results: check whether selling prices rise a little from the first half. From the earnings call on 30 Oct 2026. ## What are NOCIL's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), NOCIL reported revenue of ₹427 crore, up 33.0% from ₹321 crore a year earlier, and a profit of ₹24.0 crore, up 100.0% from ₹12.0 crore. ### NOCIL results: July to September 2026 against a year earlier | Measure | July to September 2026 | July to September 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹427 crore | ₹321 crore | +33.0% | | Profit | ₹24.0 crore | ₹12.0 crore | +100.0% | | Earnings per share | ₹1.44 | ₹0.73 | +97.3% | | Operating margin | 8.0% | 7.0% | +1.0 points | The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). NOCIL's management discussed these results on a call held on 30 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.) ## What is the NOCIL share price history? NOCIL closed at ₹137.02 on 4 November 2026, down 22.0% from ₹175.61 a year earlier (7 November 2025) and down 48.9% over five years. Its highest weekly close since March 2016 was ₹318.20 on 2 August 2024. ### NOCIL share price: then and now | When | Close | Change to 4 Nov 2026 | | --- | --- | --- | | 1 week ago · 30 Oct 2026 | ₹137.12 | −0.1% | | 1 month ago · 1 Oct 2026 | ₹168.85 | −18.9% | | 6 months ago · 8 May 2026 | ₹182.48 | −24.9% | | 1 year ago · 7 Nov 2025 | ₹175.61 | −22.0% | | 3 years ago · 3 Nov 2023 | ₹215.35 | −36.4% | | 5 years ago · 4 Nov 2021 | ₹268.25 | −48.9% | | 10 years ago · 4 Nov 2016 | ₹71.65 | +91.2% | | Earliest and lowest weekly close in our records · 11 Mar 2016 | ₹45.10 | +203.8% | | Highest weekly close since March 2016 · 2 Aug 2024 | ₹318.20 | −56.9% | | 52-week high (weekly close) · 18 Sep 2026 | ₹194.56 | −29.6% | | 52-week low (weekly close) · 23 Jan 2026 | ₹128.23 | +6.9% | Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 11 March 2016 to 4 November 2026.) ## What is the latest news on NOCIL? 4 Nov 2026: NOCIL closed at ₹137.02, down 0.1% on the week and down 18.9% on the month. 30 Oct 2026: NOCIL held its results call for July to September 2026. Management guided: Full-year revenue toward upper end of ₹1,400-1,600 crore. ### Earlier - Results for July to September 2026: Revenue up 33.0% and profit up 100.0% on a year earlier. - 24 Jul 2026: ex-date for a dividend of ₹1.50 a share. ## What dividend does NOCIL pay? NOCIL paid ₹1.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 1.09% at the ₹137.02 close on 4 November 2026. The last was a dividend of ₹1.50 a share, ex-date 24 July 2026. ### NOCIL dividends since 1 April 2021 | Ex-date | Dividend per share | Type | | --- | --- | --- | | 24 Jul 2026 | ₹1.50 | Dividend | | 30 Jul 2025 | ₹2 | Dividend | | 26 Jul 2024 | ₹3 | Dividend | | 24 Jul 2023 | ₹3 | Dividend | | 20 Jul 2022 | ₹3 | Dividend | | 26 Jul 2021 | ₹2 | Dividend | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 5 of 5 Of the last 5 financial years, years with an NSE dividend record Yes. NOCIL Ltd paid out 45% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 5 November 2026.) ## What did NOCIL management say on the latest results call? On the call for July to September 2026, held on 30 October 2026, NOCIL's management guided: Full-year revenue toward upper end of ₹1,400-1,600 crore. > “You are right; there is some conservatism, given the fact that typically, from one quarter to the other, the environment is also evolving. There is some conservatism, but we will strive to achieve more. That is for sure.” > V.S. Anand, on the call for July to September 2026 ### What management guided - Full-year operating margin around 10%. - Full-year volume growth 8-10% with second-half index at 160-165. - Q3 average realisation marginal uptick versus first-half level. - TDQ plant capitalisation hoped in Q3 pending tyre approvals; depreciation about ₹1 crore per month. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/372-30-Oct-2026.pdf). (From the call for July to September 2026, 30 October 2026.) ## What to watch in NOCIL's next results? When NOCIL reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Second-half volume outturn against flagged index band - confirms addressed supply blocks convert to domestic plus export growth. - What to check (from the call) - Second-half volume outturn against flagged index band - confirms addressed supply blocks convert to domestic plus export growth. - Third-quarter realisation and margin flow-through of full-quarter duty support plus guided price move - tests pass-through durability. - TDQ tyre approvals converting to capitalisation on hoped timeline - unlocks guided depreciation start and commercial ramp. - Conversion cost normalisation via operating leverage and captive-power scale-up as volumes climb - validates second-half margin defence. ## Which stock lists is NOCIL on? NOCIL is on one of our India lists: Breakout stocks. [Breakout stocks Breakout date: 9 October 2026](https://www.sectoralpha.in/breakout-stocks-india) ## Is NOCIL profitable? NOCIL Ltd earned ₹24.0 Cr of net profit in the Sep 2026 quarter, +100.0% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹56.0 Cr. Over 10 years profit has grown −3.3% a year on average. That is 5.6% of the quarter's revenue. The same quarter a year earlier earned ₹12.0 Cr. For the full year, FY26 profit was ₹56.0 Cr (−45.6% on the year before). Why profit moved: revenue changed +33.0% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +28.7% and revenue +12.3%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does NOCIL make, and is it growing? NOCIL Ltd reported ₹427 Cr of revenue in the Sep 2026 quarter, +33.0% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown 6.2% a year on average. The last full year, FY26, came in at ₹1,303 Cr. The last four reported quarters add to ₹1,476 Cr. FY26 revenue was ₹1,303 Cr, −6.5% on the year before. Recent pace: the last four quarters grew +12.3% on average, against 6.2% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +12.2%, against +1.5% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +23.8%, against −25.6% a year (accelerating). ## How much of every ₹100 of sales does NOCIL keep? NOCIL Ltd's operating margin was 8.0% in the Sep 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 8.0% and 28.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +1.5 percentage points on the year while gross margin changed −2.7 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is NOCIL's profit turning into cash? Over the last 3 years, 164% of NOCIL Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹252 Cr of operating cash against ₹56.0 Cr of profit. After ₹192 Cr of spending on assets, ₹60.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 164% of profit came in as cash: the cash cycle got 35 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. What to look at next: the bigger use of cash is spending on new assets, at 2.0× depreciation over three years. The next section checks what that spending is building. ## Where does NOCIL's cash go? NOCIL Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 84 days in FY26, down from 119 days in FY21. It spent ₹317 Cr on assets over the last 3 years. Customers take 81 days to pay, and stock sits for 75 days on average. At FY26 sales of ₹1,303 Cr, each day of that cycle ties up about ₹3.6 Cr, so roughly ₹300 Cr is tied up in the business at any time. FY26: customers took 81 days to pay and stock sat for 75 days, about 2.5 months of sales sitting as stock, for a full cycle of 84 days, shorter than FY21's 119. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 75 days. Customers pay about 81 days after that. Suppliers are paid at 72 days. Together that makes the 84-day cycle. Spending on assets: ₹317 Cr over the last 3 years, against ₹162 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹221 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is NOCIL's P/E ratio, and how does it compare with its own history? NOCIL Ltd's P/E is 28.1×, in the middle of its own history: higher than 54% of past readings. Its usual P/E (the middle reading) is 25.4×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹4.67. Why the multiple is where it is: over the past year earnings per share moved −45.9% while the price moved −22.0%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved −12.6% a year; about −8.1% a year came from earnings growth and about −4.5 percentage points from the multiple (the market paying less); over 10 years the price moved +6.7% a year; about +0.1% a year came from earnings growth and about +6.6 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the NOCIL business getting better or worse? NOCIL Ltd's business is getting better. Profit growth hit its low 3 quarters ago at −52.4% and has recovered to +23.8%, with ROCE steady at 5.2%. This is based on 12 quarters of 4 measures. Why it matters: a lasting rise from a low is what this page is built to show. ## How much does NOCIL earn on its capital? NOCIL Ltd earned a ROCE of 4% in FY26. Its return on capital used (ROIC) is 8.2 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 4.3% net margin and 0.62× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 4.3% net margin × 0.62× asset turnover × 1.19× leverage (assets divided by equity) ≈ 3.2% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 3.8% − 12.0% = −8.2 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 3.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 2.3%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does NOCIL have too much debt? NOCIL Ltd has total debt of ₹7.0 Cr against shareholder equity of ₹1,806 Cr as of Sep 2026, so its debt is 0.00× its equity, which is very little. Year by year, that ratio went from 0.00 in FY22 to 0.00 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the NOCIL shareholding pattern? Foreign institutions cut their stake in NOCIL Ltd by 2.6 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 5.3% of the company. Domestic institutions moved +0.8 points over the same period, to 7.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −2.6 points over 8 quarters, to 5.3%; Domestic institutions: +0.8 points over 8 quarters, to 7.0%; Promoters: +0.0 points over 8 quarters, to 33.8%. Why the owners changed: foreign institutions drove it (−2.6 points), with the other side taken by domestic institutions (+0.8 points). They reduced their stake. ## How far is NOCIL from balance-sheet trouble? For NOCIL Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does NOCIL rank in its industry? 34.3 out of 100, rank 6 of 7 in Petrochem - Polymers, with 100% of the evidence available. NOCIL Ltd scores 34.3 out of 100 against the 7 companies it is compared with in Petrochem - Polymers, ranking 6. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 17.3 + 6.4 + 7.6 + 3 = 34.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is NOCIL compared with? NOCIL ranks 6 of 7 Petrochem - Polymers companies on the 4-Factor Sector Score, with 34.3 out of 100. 1. [Bhansali Engineering Polymers Ltd](https://www.sectoralpha.in/stocks/bhansali-engineering-polymers-ltd) BEPL · losing its lead · Most evidence points up · 93% evidence 72.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.1/35 · Revenue 14.7% · Profit 32.9% · Operating margin change 5 points · 100% evidence Capital efficiency 20.6/25 · ROCE 23.8% · Operating margin 20% · 100% evidence Valuation 11.2/20 · P/E 11.9× · PEG 0.99 · 65% evidence Relative strength 13.8/20 · Lead over its industry 11.9% · Lead over NIFTY 500 10.6% · 1 year 7.9% · 100% evidence · 10 of 12 weeks ahead Exact sum: 27.1 + 20.6 + 11.2 + 13.8 = 72.7 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Supreme Petrochem Ltd](https://www.sectoralpha.in/stocks/supreme-petrochem-ltd) SPLPETRO · losing its lead · Most evidence points up · 100% evidence 72.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.9/35 · Revenue 19.7% · Profit 72.3% · Operating margin change 1 points · 100% evidence Capital efficiency 17.6/25 · ROCE 18.8% · Operating margin 8% · 100% evidence Valuation 12.1/20 · P/E 23.8× · PEG 0.82 · 100% evidence Relative strength 13.6/20 · Lead over its industry 2.5% · Lead over NIFTY 500 1.6% · 1 year -9.6% · 100% evidence · 7 of 12 weeks ahead Exact sum: 28.9 + 17.6 + 12.1 + 13.6 = 72.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Manali Petrochemicals Ltd](https://www.sectoralpha.in/stocks/manali-petrochemicals-ltd) MANALIPETC · breaking out · Most evidence points up · 89% evidence 67.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.4/35 · Revenue 19.3% · Profit 100% · Operating margin change 20 points · 88% evidence Capital efficiency 11.3/25 · ROCE 7.3% · Operating margin 30% · 100% evidence Valuation 6.7/20 · P/E 9.9× · PEG 2.6 · 65% evidence Relative strength 19.2/20 · Lead over its industry 14.6% · Lead over NIFTY 500 13% · 1 year -7.6% · 100% evidence · 12 of 12 weeks ahead Exact sum: 30.4 + 11.3 + 6.7 + 19.2 = 67.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Styrenix Performance Materials Ltd](https://www.sectoralpha.in/stocks/styrenix-performance-materials-ltd) STYRENIX · quiet · Evidence leans up · 85% evidence 54.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.1/35 · Revenue 9.7% · Profit 25% · Operating margin change -4 points · 100% evidence Capital efficiency 12.6/25 · ROCE 13.8% · Operating margin 7% · 100% evidence Valuation 18.2/20 · P/E 12.2× · PEG 0.6 · 100% evidence Relative strength 8.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -12.3% · 1 year -25.9% · 25% evidence · 0 of 12 weeks ahead Exact sum: 16.1 + 12.6 + 18.2 + 8 = 54.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Kothari Petrochemicals Ltd](https://www.sectoralpha.in/stocks/kothari-petrochemicals-ltd) KOTHARIPET · quiet · Evidence leans down · 96% evidence 49.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.8/35 · Revenue -3% · Profit 12.5% · Operating margin change 1 points · 88% evidence Capital efficiency 19.6/25 · ROCE 28.6% · Operating margin 15% · 100% evidence Valuation 16.5/20 · P/E 8.9× · PEG 0.96 · 100% evidence Relative strength 4.0/20 · Lead over its industry -8.8% · Lead over NIFTY 500 -9.3% · 1 year -23.4% · 100% evidence · 4 of 12 weeks ahead Exact sum: 9.8 + 19.6 + 16.5 + 4 = 49.9 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 6. NOCIL Ltd this page NOCIL · quiet · Most evidence points down · 100% evidence 34.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.3/35 · Revenue 12.2% · Profit 23.8% · Operating margin change 1 points · 100% evidence Capital efficiency 6.4/25 · ROCE 3.9% · Operating margin 8% · 100% evidence Valuation 7.6/20 · P/E 28.1× · PEG 0.97 · 100% evidence Relative strength 3.0/20 · Lead over its industry -10.8% · Lead over NIFTY 500 -11.5% · 1 year -25.9% · 100% evidence · 4 of 12 weeks ahead Exact sum: 17.3 + 6.4 + 7.6 + 3 = 34.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Chemplast Sanmar Ltd](https://www.sectoralpha.in/stocks/chemplast-sanmar-ltd) CHEMPLASTS · turning · Most evidence points down · 68% evidence 23.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 6.8/35 · Revenue -1.2% · Profit -80% · Operating margin change -11.6 points · 65% evidence Capital efficiency 0.6/25 · ROCE 0.3% · Operating margin -10% · 100% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 6.0/20 · Lead over its industry -15.1% · Lead over NIFTY 500 -14.8% · 1 year -52.4% · 100% evidence · 3 of 12 weeks ahead Exact sum: 6.8 + 0.6 + 10 + 6 = 23.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Petrochem - Polymers](https://www.sectoralpha.in/sectors/petrochem-polymers), all 7 compared on one page. ## Which companies are close to NOCIL in size? NOCIL is the 5th largest of 7 Petrochem - Polymers companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Supreme Petrochem, Styrenix Performance Materials, Chemplast Sanmar and Bhansali Engineering Polymers. Just below it: Manali Petrochemicals and Kothari Petrochemicals. ### Petrochem - Polymers companies close in size 1. [Supreme Petrochem Ltd](https://www.sectoralpha.in/stocks/supreme-petrochem-ltd) ₹12,755 crore 2. [Styrenix Performance Materials Ltd](https://www.sectoralpha.in/stocks/styrenix-performance-materials-ltd) ₹3,087 crore 3. [Chemplast Sanmar Ltd](https://www.sectoralpha.in/stocks/chemplast-sanmar-ltd) ₹3,000 crore 4. [Bhansali Engineering Polymers Ltd](https://www.sectoralpha.in/stocks/bhansali-engineering-polymers-ltd) ₹2,641 crore 5. NOCIL Ltd ₹2,290 crore 6. [Manali Petrochemicals Ltd](https://www.sectoralpha.in/stocks/manali-petrochemicals-ltd) ₹1,176 crore 7. [Kothari Petrochemicals Ltd](https://www.sectoralpha.in/stocks/kothari-petrochemicals-ltd) ₹642 crore [All 7 Petrochem - Polymers companies, largest first](https://www.sectoralpha.in/sectors/petrochem-polymers#all-companies) ### Companies close in size in other industries 1. [Muthoot Microfin Ltd](https://www.sectoralpha.in/stocks/muthoot-microfin-ltd) ₹2,300 crore · Finance & Investments - Microfinance 2. [GNA Axles Ltd](https://www.sectoralpha.in/stocks/gna-axles-ltd) ₹2,297 crore · Auto & Auto Ancl - CV 3. NOCIL Ltd ₹2,290 crore 4. [Dredging Corporation of India Ltd](https://www.sectoralpha.in/stocks/dredging-corporation-of-india-ltd) ₹2,288 crore · Shipping 5. [Patel Engineering Ltd](https://www.sectoralpha.in/stocks/patel-engineering-ltd) ₹2,286 crore · Infra - Construction & Contracting ## What else do people ask about NOCIL? ### What were NOCIL's latest quarterly results? NOCIL Ltd reported revenue of ₹427 Cr and net profit of ₹24.0 Cr for the Sep 2026 quarter. Revenue rose 33.0% and profit rose 100.0% compared with a year earlier. Earnings per share were ₹1.44. The operating margin was 8.0%, 1.0 percentage points higher than a year earlier (as of 4 November 2026). ### What is NOCIL's market cap? NOCIL Ltd's market capitalisation is ₹2,290 Cr at a share price of ₹137.02. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is NOCIL performing? NOCIL Ltd's share price has been rising for 6 weeks. In its latest quarter, revenue rose 33.0% and profit rose 100.0% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 3 weeks running (as of 4 November 2026). ### Will NOCIL's share price go up? This page does not forecast NOCIL Ltd's share price. What it shows instead: the share price is ₹137.02, and it has been rising for 6 weeks. Its P/E of 28.1× is higher than 54% of its own last 11 years (as of 4 November 2026). ### Who owns NOCIL? Promoters own 33.8% of NOCIL Ltd, foreign institutions 5.3%, domestic institutions 7.0% and the public 54.0% (latest quarter). The biggest change over the last two years: Foreign institutions cut their stake by 2.6 percentage points over 8 quarters (as of 4 November 2026). ### Does NOCIL have too much debt? No, NOCIL Ltd has little debt: its debt is 0.00× its equity, and its operating profit is more than 100 times its interest bill. FY26 borrowings were ₹8.0 Cr against equity of ₹1,773 Cr. So the returns on this page come from the business, not borrowed money (as of 4 November 2026). ### Where is NOCIL in its business cycle? NOCIL Ltd's FY26 operating margin was 8.0%, against a 13-year range of 8.0% to 28.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 8.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the NOCIL story? The main question: foreign institutions moved −2.6 percentage points over 8 quarters while the business went the other way. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is NOCIL a stock worth studying right now? What the numbers show: NOCIL Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the owners’ moves turn back in line with the business. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ### Is there a NOCIL share price forecast for 2026? What management itself guided: Full-year revenue toward upper end of ₹1,400-1,600 crore. ## Lists - Breakout stocks: https://www.sectoralpha.in/breakout-stocks-india This is research, not advice. We’re not SEBI-registered.