NOCIL Share Price Target 2026, 2027, 2030, 2040, 2050
NOCIL ( National Organic Chemical Industries Limited) was established in 1961 in Mumbai, India. It is part of the Arvind Mafatlal Group and is the largest company in India that makes rubber chemicals. The company produces special chemicals like accelerators, antioxidants, and anti-degradants that are used in tyres and other rubber products to make them stronger and help them last longer. Some of its well-known product brands are PILFLEX, PILNOX, PILCURE, and PILGARD, which help improve rubber quality during manufacturing. The company sells its products to many tyre and rubber companies in India and also exports to other countries.
What is NOCIL Ltd NSE: NOCIL?
NOCIL was established in 1961 in Mumbai, India. It is owned by the Arvind Mafatlal Group. It is an Indian chemical company that mainly makes rubber chemicals used in tyres and other rubber products. These chemicals help rubber become stronger, last longer, and handle heat and sunlight better. The company supplies its products to many tyre and rubber manufacturing companies in India and other countries. It also has big manufacturing plants in Navi Mumbai and Dahej, and helps support the tyre and rubber industry.
It is one of the major chemical companies in India that mainly makes rubber chemicals used in tyres and many other rubber products. Over the years, the company has gained strong experience in making rubber chemicals, and today it is known as the largest rubber chemical manufacturer in India. Its products help make rubber stronger, improve its quality, and help it last longer. These chemicals are widely used in industries such as automobiles, industrial products, and footwear manufacturing. In 2026, its share price target would be ₹302, as per stock market analysts.
According to stock market analysts, its share price would be between ₹125 to ₹302 in 2026.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 125 | 302 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 125 | 154 |
| February | 130 | 156 |
| March | 126 | 178 |
| April | 155 | 210 |
| May | 145 | 229 |
| June | 157 | 241 |
| July | 163 | 255 |
| August | 170 | 263 |
| September | 190 | 272 |
| October | 214 | 282 |
| November | 223 | 288 |
| December | 228 | 302 |
The company works to build strong relationships with customers by providing good-quality and useful chemical products. It aims to give value to customers through better products, efficient production, and responsible business practices. It also focuses on developing modern rubber chemicals that are safer for the environment and useful for different industries. The company supports long-term growth for both its customers and business partners while maintaining good standards in product quality and manufacturing. In 2027, its share price target would be ₹467, as per stock market analysts.
According to stock market analysts, its share price would be between ₹285 to ₹467 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 285 | 467 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 285 | 374 |
| February | 289 | 390 |
| March | 299 | 400 |
| April | 310 | 411 |
| May | 327 | 418 |
| June | 335 | 425 |
| July | 345 | 437 |
| August | 376 | 442 |
| September | 388 | 448 |
| October | 391 | 453 |
| November | 398 | 460 |
| December | 405 | 467 |
The main business of the company is making and supplying rubber chemicals. These chemicals are very important in the production of tyres and many other rubber products. They help improve the strength, flexibility, and overall performance of rubber materials. Rubber chemicals are important because they protect rubber from damage caused by heat, oxygen, sunlight, and other environmental factors. It supplies these chemicals to many industries such as tyre manufacturing, automotive parts, industrial rubber goods, and footwear production. In 2028, its share price target would be ₹620, as per stock market analysts.
According to stock market analysts, its share price would be between ₹439 to ₹620 in 2028.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 439 | 620 |
It produces many types of rubber chemicals for different industrial uses. Its main products include antioxidants, accelerators, and other chemicals that help improve rubber processing and make rubber products stronger. The company sells these chemicals under well-known brand names such as PILFLEX, PILNOX, PILCURE, and PILGARD. Each product has a specific use in the rubber manufacturing process. Some chemicals protect rubber from heat and oxidation, while others help speed up the process that makes rubber stronger. In 2029, its share price target would be ₹765, as per stock market analysts.
According to stock market analysts, its share price would be between ₹600 to ₹765 in 2029.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 600 | 765 |
It plays a very important role in improving the quality and performance of rubber products. Without these chemicals, rubber materials can become weak and damaged quickly because of heat, sunlight, or chemical reactions. The company makes chemicals that protect rubber from harmful elements such as oxygen, ozone, ultraviolet light, and high temperatures. These chemicals help rubber keep its flexibility and strength for a longer time. In tyre manufacturing, rubber chemicals are very important because tyres need to handle heavy loads and different road conditions. In 2030, its share price target would be ₹904, as per stock market analysts.
According to stock market analysts, its share price would be between ₹744 to ₹904 in 2030.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 744 | 904 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 744 | 824 |
| February | 751 | 833 |
| March | 756 | 840 |
| April | 762 | 842 |
| May | 766 | 847 |
| June | 772 | 852 |
| July | 781 | 855 |
| August | 785 | 867 |
| September | 792 | 872 |
| October | 800 | 877 |
| November | 805 | 890 |
| December | 810 | 904 |
It operates modern manufacturing plants that are designed to produce rubber chemicals safely and efficiently. The company has two major production facilities located in Navi Mumbai in Maharashtra and Dahej in Gujarat. These plants use modern technology and automated systems to maintain high product quality and safe operations. Skilled engineers and technical experts carefully monitor the production process to ensure everything works smoothly. The plants also have systems for waste treatment and environmental protection so that the company can follow government rules and reduce its impact on nature. In 2040, its share price target would be ₹1890, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1575 to ₹1890 in 2040.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 1575 | 1890 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1575 | 1688 |
| February | 1586 | 1700 |
| March | 1599 | 1721 |
| April | 1611 | 1744 |
| May | 1625 | 1765 |
| June | 1635 | 1780 |
| July | 1647 | 1799 |
| August | 1658 | 1814 |
| September | 1668 | 1842 |
| October | 1685 | 1862 |
| November | 1700 | 1877 |
| December | 1722 | 1890 |
It is widely known as the largest manufacturer of rubber chemicals in India. The company has achieved this strong position through many years of experience, continuous improvement, and reliable product quality. Its wide range of products and strong technical knowledge help it serve many customers in the rubber industry. Because of its strong reputation and dependable supply, many tyre and rubber product manufacturers choose this company as their trusted supplier. In 2050, its share price target would be ₹2585, as per stock market analysts.
According to stock market analysts, its share price would be between ₹2585 to ₹2962 in 2050.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 2585 | 2962 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 2585 | 2700 |
| February | 2600 | 2728 |
| March | 2632 | 2749 |
| April | 2640 | 2770 |
| May | 2658 | 2800 |
| June | 2674 | 2821 |
| July | 2705 | 2849 |
| August | 2714 | 2865 |
| September | 2725 | 2887 |
| October | 2742 | 2900 |
| November | 2774 | 2932 |
| December | 2800 | 2962 |
Should I buy NOCIL stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 125 | 302 |
| 2027 | 285 | 467 |
| 2028 | 439 | 620 |
| 2029 | 600 | 765 |
| 2030 | 744 | 904 |
| 2040 | 1575 | 1890 |
| 2050 | 2585 | 2962 |
The company is the largest producer of rubber chemicals in India and is part of the Arvind Mafatlal Group, which gives it a strong position in the industry. NOCIL also has very low debt and sells its products to tyre and rubber companies in India and many other countries. However, the company’s profits have fallen in recent times, and its growth has been slow, which has also affected the share price. Because of this, the stock may be better for long-term investors who believe the rubber and tyre industry will grow in the future, while short-term investors may see frequent ups and downs in the stock price.
NOCIL earnings results
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
| Sales + | 846 | 925 | 1,571 | 1,617 | 1,445 | 1,393 | 1,312 |
| Expenses + | 668 | 793 | 1,284 | 1,364 | 1,250 | 1,255 | 1,198 |
| Operating Profit | 178 | 132 | 288 | 253 | 195 | 137 | 114 |
| OPM % | 21% | 14% | 18% | 16% | 14% | 10% | 9% |
| Other Income + | 9 | 14 | 2 | 6 | 39 | 32 | 23 |
| Interest | 1 | 1 | 1 | 1 | 2 | 2 | 1 |
| Depreciation | 34 | 37 | 48 | 56 | 53 | 54 | 55 |
| Profit before tax | 152 | 107 | 241 | 202 | 180 | 114 | 81 |
| Tax % | 14% | 17% | 27% | 26% | 26% | 10% | |
| Net Profit + | 131 | 88 | 176 | 149 | 133 | 103 | 59 |
| EPS in Rs | 7.89 | 5.32 | 10.57 | 8.95 | 7.98 | 6.16 | 3.55 |
| Dividend Payout % | 32% | 38% | 28% | 34% | 38% | 32% |
Key Metrics
| TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
| 36.97 | 1.25 | 1.52% | 28.22 | 3.22 | 1.60% |
Peers & Comparison
| Stock | PE Ratio | PB Ratio | Dividend Yield |
| Nocil Ltd | 21.35 | 1.25 | 1.52% |
| Solar Industries India Ltd | 112.06 | 29.79 | 0.07% |
| Linde India Ltd | 123.22 | 14.67 | 0.18% |
| Himadri Speciality Chemical Ltd | 39.97 | 5.89 | 0.13% |
Is NOCIL stock good to buy? (bull case & bear case)
Bull Case:
- In the recent financial year (FY 2025), it reported revenue of around ₹1,600–₹1,700 crore.
- The company earned a net profit of around ₹170–₹180 crore in FY 2025.
- It is the largest rubber chemical manufacturer in India.
- The company has very low debt, which means its financial condition is safer compared to many other chemical companies.
- It sells its products to 40+ countries, which helps the company earn money from global markets and not depend only on India.
- The company supplies chemicals to tyre manufacturers and rubber product companies, which may grow more as the automobile industry grows.
Bear Case:
- The company’s revenue and profit decreased in FY 2025.
- In one recent quarter, profit dropped by more than 60–70% compared to the previous year, which shows weak short-term performance.
- The company’s profit margins have reduced, which means rising costs or lower demand is affecting its profits.
- Its business depends heavily on the tyre and automobile industry, so if these sectors slow down, the company’s sales may also fall.
Conclusion
It is a well-known chemical company in India that mainly makes rubber chemicals used in tyres and many other rubber products. The company has many years of experience and is known as the largest rubber chemical manufacturer in India. It has modern factories, many types of chemical products, and customers in India as well as other countries. However, in recent years, the company has seen slower growth and lower profits, which have affected its short-term performance.
