The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
NOCIL Limited is an India-based rubber chemicals manufacturer. The Company manufactures rubber chemicals for the tire and other rubber product manufacturing industry. The Company’s products find use in various other areas, such as pre-vulcanization inhibition,…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, stagnant business, priced for perfection.
Nocil is scored on the general / industrial framework. It keeps a slim 4.2% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 4.53× reported profit. Free cash flow is worth about 1.8% of its market value.
Over the last 3 years revenue compounded at -6%/yr and profit at -28%/yr. Book value has grown 5%/yr. Return on equity is a weak 4.3%. In the latest quarter profit grew 63% versus the prior quarter.
At 41× earnings, the stock sits at the 84th percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price implies ~14%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 29.06 | — | — |
| P/B | 1.25 | 2.66 | better |
| EV/EBITDA | 14.52 | 9.95 | worse |
| ROE | 4.32 | — | — |
| ROCE | 5.57 | — | — |
| ROA | 3.57 | — | — |
| Quick Ratio | 3.53 | 2.26 | better |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Pidilite Industries | 59.1 | 14.3 | 23.9% |
| SRF | 32.3 | 4.8 | 14.9% |
| Linde India | 118.3 | 13.3 | 11.3% |
Revenue declined 6% in the latest year — a break from prior trajectory. Negative CAGR — the top line has shrunk over this window.
Revenue is outpacing profit (-6% vs -28%) — costs are rising faster than the top line. The latest year saw a -46% swing — check if it's a one-off or structural.
Operating margin has compressed from 12% to 6% — costs or competition are eating into profitability. Margins have declined for 3 consecutive years — watch for a structural cost problem.
ROE at 3% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 6pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -28% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 4.5× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 19% sequentially — momentum is building. Run-rate stepping up — recent quarters average 15% above earlier ones.
Profit jumped 63% QoQ — check if this is operating leverage or a one-off item. Quarterly net margins are expanding (4% → 7%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters at 33.8% — dispersed ownership; institutional flows drive the stock. FIIs have accumulated for 3 straight quarters — sustained foreign institutional conviction.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.