NOCIL Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book

Published 25 Aug 2026 | Chemicals & Petrochemicals | Market Cap: ₹2.8K Cr

NOCIL expects revenue for FY27 to be in the range of Rs 1,400 to Rs 1,600 crores, based on the current pricing environment. Revenue guidance for FY27 is projected between Rs 1,400 to Rs 1,600 crores, reflecting continued growth.

From NOCIL's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

Price

162

Market Cap

₹2.8K Cr

P/E Ratio

40.1

Revenue Rank

Rank 3

Margin Rank

Rank 3

How does NOCIL rank in Chemicals & Petrochemicals?

Compare NOCIL against every Chemicals & Petrochemicals company this quarter on revenue, margins and earnings-call signals.

Revenue: Rank 3Margin: Rank 3
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NOCIL — Quarterly revenue & net profit

Revenue Net Profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹330 Cr, net profit ₹17 Cr.

Full financials →

📊 Revenue & Sales Performance

Rank 3
  • NOCIL expects revenue for FY27 to be in the range of Rs 1,400 to Rs 1,600 crores, based on the current pricing environment.
  • The company targets around 10% volume growth for the full year FY27.
  • EBITDA margin is expected to hover around 10% for FY27, supported by volume growth and operating leverage.
  • Export volumes aim to grow from around 33% currently to approximately 40-45% by FY28-29, indicating an increased focus on international markets.
  • Specialty segment, constituting 15% of the current topline, is expected to increase by an additional 5-10%, reaching around 20-25% of total revenue in 1-2 years.
  • New capacity from the TDQ plant is anticipated to start contributing from Q4 FY27, with ramp-up expected into FY28.
  • Overall volume growth projections remain positive despite transient supply-side challenges and geopolitical uncertainties.

📈 Profitability & Margins

Rank 3
- Revenue guidance for FY27 is projected between Rs 1,400 to Rs 1,600 crores, reflecting continued growth. - Volume growth for the full financial year is expected around 10%. - EBITDA margins are anticipated around 10% for FY27, supported by a combination of volume growth, better product mix, and operating leverage. - Q1 FY27 saw a 9% YoY volume growth and 20% YoY revenue growth; earnings (PAT) grew 61% YoY to Rs 28 crores. - Anti-dumping duties (ADD) on certain products may bolster EBITDA, though the impact timeline is uncertain. - New TDQ plant approvals may start contributing materially from Q4 FY27 into FY28, supporting further volume growth. - Operating environment uncertainties exist but management remains optimistic about sustainable EBITDA run rate and continued earnings growth. Overall, NOCIL expects disciplined execution with positive earnings trajectory driven by volume growth, product mix improvement, anti-dumping benefits, and operational efficiencies.

🏗️ Capital Expenditure Plans

Yes
  • NOCIL is progressing well with a new Rs 130 crore investment in Dahej.
  • The Rs 130 crore investment is on track despite challenges due to the Middle East geopolitical situation.
  • Trial production at the new TDQ plant in Dahej has started, with sample approvals underway.
  • Commercial volumes from the TDQ plant are expected to start trickling in by Q4 FY27 and ramp up more significantly in Q1 FY28.
  • The investment in the TDQ plant aims to reinforce NOCIL's competitive market position.
  • Expansion focus is shifting towards the Specialty segment, expected to increase from the current 15% of revenue by an additional 5-10% over the next 1-2 years.
  • These expansions and specialty focus align with the strategic goal to diversify and grow product portfolio.

💰 Fundraising & Capital Structure

No information
  • The transcript and accompanying document do not mention any current or planned fundraising through debt or equity.
  • There is no discussion of new debt issuance or equity offerings during the Q1 FY27 earnings call or in the accompanying notes.
  • Promoter shareholding pledges were briefly mentioned, but the management declined to comment on the reasons or plans related to promoter pledging.
  • The focus is on operational growth, anti-dumping duty benefits, volume increases, specialty segment expansion, and cost control rather than on raising capital.
  • The company emphasizes maintaining prudent financial management but no explicit fundraising plans were disclosed.

📋 Order Book & Pipeline

No information
The transcript does not explicitly mention the current or expected order book or pending orders for NOCIL Limited. However, the following points provide some related insights: - The company faced temporary supply-side constraints and logistical challenges in Q1 FY27, causing a moderate 3% sequential volume decline and postponement of certain order commitments (Page 4). - Customer demand remains healthy despite operational issues, and the company is confident of recovering deferred volumes in upcoming quarters (Page 4). - Trial production at the new TDQ plant is underway, with sample approvals progressing and commercial supplies expected to ramp up starting Q4 FY27 and more significantly in Q1 FY28 (Pages 6 and 11). - NOCIL is working closely with suppliers and logistics partners to normalize supplies and fulfill pending orders (Page 4). No explicit quantitative data on order book size or pending orders is provided in the transcript.

Key Metrics

Revenue

Rank 3

Margin

Rank 3

Capex

Yes

Fundraise

No information

Order Book

No information

Frequently Asked Questions

What were NOCIL Q1 FY27 results?

NOCIL expects revenue for FY27 to be in the range of Rs 1,400 to Rs 1,600 crores, based on the current pricing environment. Revenue guidance for FY27 is projected between Rs 1,400 to Rs 1,600 crores, reflecting continued growth.

What is NOCIL share price analysis?

NOCIL currently shows a below-average growth signal. The stock trades at a P/E of 40.1 with a market cap of ₹2,790 Cr. Investors should review the full earnings analysis for detailed insights.

Is NOCIL planning capital expenditure?

NOCIL is progressing well with a new Rs 130 crore investment in Dahej.

Keep NOCIL on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.

What NOCIL's management said in earlier quarters

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