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Last Updated on: 22 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 500730 | NSE: NOCIL

NOCIL Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:06 am

Market Cap 4,195 Cr.
Current Price 251
High / Low 336/218
Stock P/E29.8
Book Value 106
Dividend Yield1.19 %
ROCE9.78 %
ROE7.21 %
Face Value 10.0
PEG Ratio131.22

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Hindustan Fluoro Carbons Ltd 31.9 Cr. 16.3 23.7/14.424.3 41.90.00 %3.05 %% 10.0
Gujarat Petrosynthese Ltd 40.8 Cr. 68.3 98.0/47.332.3 81.90.00 %2.73 %3.46 % 10.0
AVI Polymers Ltd 4.91 Cr. 12.0 14.0/9.4598.2 12.00.00 %0.57 %0.41 % 10.0
Supreme Petrochem Ltd 13,347 Cr. 710 927/52132.4 1121.27 %22.5 %16.8 % 2.00
Signet Industries Ltd 205 Cr. 69.8 97.4/52.216.4 75.40.72 %14.8 %7.22 % 10.0
Industry Average4,826.00 Cr230.2943.5879.550.74%12.39%9.72%7.55

All Competitor Stocks of

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales322344375389463509389326393397351341356
Expenses270271325338351406327288343341306292312
Operating Profit5274505111110362385055454945
OPM %16%21%13%13%24%20%16%12%13%14%13%14%13%
Other Income21101012355625
Interest0000000000000
Depreciation10111111161414141413131313
Profit before tax44644140969049253947374156
Tax %16%26%26%26%28%26%26%26%26%27%26%26%25%
Net Profit37473030696636192834273042
EPS in Rs2.252.851.801.794.143.992.141.121.702.061.631.802.49

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Sales4885967197157429641,0438469251,5711,6171,445
Expenses4675346055755826957506687931,2841,3641,250
Operating Profit2162114140160269293178132288253195
OPM %4%10%16%20%22%28%28%21%14%18%16%14%
Other Income36933911109142639
Interest41717921111112
Depreciation91914152024243437485653
Profit before tax443586119147255278152107241202180
Tax %4%32%34%34%34%33%33%14%17%27%26%26%
Net Profit422457789717018513188176149133
EPS in Rs2.621.483.554.875.9410.3311.177.895.3210.578.957.98
Dividend Payout %23%40%28%25%30%24%22%32%38%28%34%38%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-42.86%137.50%36.84%24.36%75.26%8.82%-29.19%-32.82%100.00%-15.34%-10.74%
Change in YoY Net Profit Growth (%)0.00%180.36%-100.66%-12.48%50.90%-66.43%-38.01%-3.64%132.82%-115.34%4.60%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:9%
5 Years:7%
3 Years:16%
TTM:-2%
Compounded Profit Growth
10 Years:17%
5 Years:-9%
3 Years:10%
TTM:30%
Stock Price CAGR
10 Years:22%
5 Years:21%
3 Years:4%
1 Year:-5%
Return on Equity
10 Years:12%
5 Years:10%
3 Years:10%
Last Year:7%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 3:03 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital161161161161164164165166166167167167167
Reserves2042172543097508829981,0201,1191,2791,3851,5321,604
Borrowings14715214726155-0766101312
Other Liabilities147203193186233279279250324380295304309
Total Liabilities6597327556821,1611,3311,4421,4421,6151,8301,8572,0152,091
Fixed Assets320320311307543528657797918909888870863
CWIP433644213115614891619
Investments22222222176281130546853218399526
Other Assets312386418347438480524434614859742730683
Total Assets6597327556821,1611,3311,4421,4421,6151,8301,8572,0152,091

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +-0443017014210216417994-30282201
Cash from Investing Activity +-79-18-5-12-11-141-101-106-5831-217-77
Cash from Financing Activity +52-23-33-151-31-43-50-1010-34-54-55
Net Cash Flow-283-88101-8213-2835-331168

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-126.00-90.00-33.00114.00145.00264.00293.00171.00126.00282.00243.00182.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days83908577829281881221047886
Inventory Days134167176135116129133128120141117100
Days Payable76122797482967784123915253
Cash Conversion Cycle141136182138116125138132119154143133
Working Capital Days929310986869499104115129108110
ROCE %5%10%19%24%21%26%25%13%9%18%13%10%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters33.86%33.85%33.85%33.84%33.84%33.84%33.84%33.84%33.84%33.84%33.84%33.78%
FIIs2.74%2.54%2.94%4.46%5.29%5.39%5.44%6.36%6.98%7.77%7.77%7.92%
DIIs4.51%4.26%4.87%5.11%4.74%5.49%4.68%3.61%2.83%3.51%4.44%6.13%
Public58.88%59.35%58.34%56.58%56.12%55.27%56.04%56.19%56.36%54.87%53.95%52.18%
No. of Shareholders1,94,1881,95,2041,88,2301,81,8231,81,6921,77,8691,79,4951,81,1901,76,3471,71,4961,67,1571,66,627

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Canara Robeco Small Cap Fund1,085,6170.2627.4838,6652024-12-182707.75%
Aditya Birla Sun Life Business Cycle Fund841,5121.2521.338,6652024-12-182076.42%
HSBC Value Fund776,5000.1619.6538,6652024-12-181908.28%
Edelweiss Small Cap Fund771,9790.5719.5438,6652024-12-181896.58%
Bandhan Small Cap Fund485,6310.2412.2938,6652024-12-181156%
Canara Robeco Manufacturing Fund453,7360.8411.4838,6652024-12-181073.51%
Aditya Birla Sun Life Manufacturing Equity Fund286,6520.727.2638,6652024-12-18641.37%
Taurus ELSS Tax Saver Fund38,6651.310.9838,6652024-12-180%
IDBI Hybrid Equity Fund32,6130.40.7238,6652024-12-18-15.65%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)7.988.9510.585.337.89
Diluted EPS (Rs.)7.958.9210.555.327.89
Cash EPS (Rs.)11.1512.2913.477.579.93
Book Value[Excl.RevalReserv]/Share (Rs.)101.9293.1486.7677.2971.57
Book Value[Incl.RevalReserv]/Share (Rs.)101.9293.1486.7677.2971.57
Revenue From Operations / Share (Rs.)86.6997.0194.3355.6351.10
PBDIT / Share (Rs.)14.0715.5417.418.7611.32
PBIT / Share (Rs.)10.9012.2014.516.509.28
PBT / Share (Rs.)10.8012.1314.456.459.20
Net Profit / Share (Rs.)7.988.9510.575.327.89
NP After MI And SOA / Share (Rs.)7.988.9510.575.327.89
PBDIT Margin (%)16.2216.0118.4515.7322.14
PBIT Margin (%)12.5712.5715.3811.6918.15
PBT Margin (%)12.4512.5015.3111.5818.00
Net Profit Margin (%)9.209.2211.209.5615.44
NP After MI And SOA Margin (%)9.209.2211.209.5615.44
Return on Networth / Equity (%)7.839.6012.186.8811.02
Return on Capital Employeed (%)9.8112.0515.387.6911.80
Return On Assets (%)6.598.039.625.479.06
Asset Turnover Ratio (%)0.740.880.910.600.58
Current Ratio (X)5.895.153.252.963.03
Quick Ratio (X)4.553.491.972.172.06
Inventory Turnover Ratio (X)3.082.943.793.172.39
Dividend Payout Ratio (NP) (%)37.5833.5018.890.0076.35
Dividend Payout Ratio (CP) (%)26.9024.4014.820.0060.68
Earning Retention Ratio (%)62.4266.5081.110.0023.65
Cash Earning Retention Ratio (%)73.1075.6085.180.0039.32
Interest Coverage Ratio (X)144.69215.81266.10150.03141.97
Interest Coverage Ratio (Post Tax) (X)83.10125.29162.5792.1499.99
Enterprise Value (Cr.)4059.043380.384139.102821.791075.88
EV / Net Operating Revenue (X)2.812.092.633.051.27
EV / EBITDA (X)17.3213.0514.2719.395.74
MarketCap / Net Operating Revenue (X)2.882.132.643.141.29
Retention Ratios (%)62.4166.4981.100.0023.64
Price / BV (X)2.452.212.882.260.91
Price / Net Operating Revenue (X)2.882.132.643.141.29
EarningsYield0.030.040.040.030.11

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 230.46

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 22, 2024, is Overvalued by 8.18% compared to the current share price 251.00

Intrinsic Value of as of December 22, 2024 is: 230.98

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 22, 2024, is Overvalued by 7.98% compared to the current share price 251.00

Last 5 Year EPS CAGR: 0.23%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 16.08%, which is a positive sign.
  2. The company has higher reserves (888.69 cr) compared to borrowings (42.00 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (499.92 cr) and profit (153.83 cr) over the years.
  1. The stock has a high average Working Capital Days of 102.08, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 138.08, which may not be favorable.
  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
    1. Net Profit Margin: 9.2%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 9.81% (Industry Average ROCE: 12.39%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 7.83% (Industry Average ROE: 9.72%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 83.1
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 4.55
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 29.8 (Industry average Stock P/E: 43.58)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

NOCIL Ltd. is a Public Limited Listed company incorporated on 11/05/1961 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L99999MH1961PLC012003 and registration number is 012003. Currently Company is involved in the business activities of Manufacture of organic and inorganic chemical compounds. Company’s Total Operating Revenue is Rs. 1571.31 Cr. and Equity Capital is Rs. 166.57 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Petrochemicals - PolymersMafatlal House, H T Parekh Marg, Mumbai Maharashtra 400020investorcare@nocil.com
http://www.nocil.com
Management
NamePosition Held
Mr. Hrishikesh A MafatlalExecutive Chairman
Mr. Anand V SManaging Director
Mr. Priyavrata H MafatlalNon Independent Director
Mr. Rohit AroraIndependent Director
Mr. Vilas R GupteIndependent Director
Mr. D N MungaleIndependent Director
Mr. P V BhideIndependent Director
Ms. Dharmishta N RavalIndependent Director
Mr. Debnarayan BhattacharyaIndependent Director
Mr. A VellayanIndependent Director
Mr. Sujal ShahIndependent Director
Mr. Ramesh IyerIndependent Director
Ms. Radhika HaribhaktiIndependent Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹230.46, which is 8.18% lower than the current market price of ₹251.00. The stock has a market capitalization of 4,195 Cr. and recorded a high/low of 336/218 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹1,604 Cr and total liabilities of ₹2,091 Cr.

What is the Market Cap of ?

The Market Cap of is 4,195 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 251.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 336/218.

What is the Stock P/E of ?

The Stock P/E of is 29.8.

What is the Book Value of ?

The Book Value of is 106.

What is the Dividend Yield of ?

The Dividend Yield of is 1.19 %.

What is the ROCE of ?

The ROCE of is 9.78 %.

What is the ROE of ?

The ROE of is 7.21 %.

What is the Face Value of ?

The Face Value of is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in . Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE