NOCIL Reports Strong Q1 FY27 Results; Net Profit Jumps 61% as Company Announces Further Capex Expansion at Dahej

NOCIL Reports Strong Q1 FY27 Results; Net Profit Jumps 61% as Company Announces Further Capex Expansion at Dahej​

Mumbai, India, 03 August 2026: NOCIL Limited, identified as India's largest manufacturer of rubber chemicals, has reported robust financial results for the first quarter of Fiscal Year 2027 (Q1 FY27), ending June 30, 2026. The company saw a significant rise in net profit and announced an additional capital expenditure program aimed at expanding its manufacturing capacity in Dahej.

Revenue from operations grew by 20% year-on-year to reach ₹403 crore. Net profit surged by 61%, reaching ₹28 crore. This performance was supported by a market environment featuring sharp increases in input costs, which were offset by improved operational efficiency and inventory gains. Consequently, the EBITDA margin expanded to 11.2%, marking an increase of 210 basis points over the previous year.

Volumes at NOCIL grew by 9% year-on-year, driven by strong double-digit growth in domestic demand following the implementation of GST 2.0 and steady conversion of the company’s export pipeline.

Strategic Capacity Augmentation Announced​

In a move reflecting long-term growth commitment, NOCIL Limited announced a further brownfield capital expenditure program worth ₹130 crore at its Dahej facility. This new investment is dedicated to expanding capacity for peak utilization rubber chemical products through an integrated and backward-integrated setup.

This expansion comes in addition to the existing ₹250 crore capex program already underway at Dahej, which has now progressed into trial production. The targeted completion timeline for the new ₹130 crore investment is H1 FY28, with funding derived largely from internal accruals.

V.S. Anand, Managing Director of NOCIL Limited, commented on the quarterly results, stating that the company’s performance reflected consistent execution across both its domestic and export businesses despite a challenging environment. Mr. Anand added that the expanded investment at Dahej reinforces NOCIL's commitment to structured capacity augmentation, backward integration, and long-term competitiveness in an increasingly global market.

NOCIL Limited operates state-of-the-art manufacturing facilities in Navi Mumbai and Dahej, providing a diversified portfolio of over 20 rubber chemical products, including accelerators and antioxidants. The company serves tyre majors across more than 45 countries.

NOCIL Stock Price Movement​

Shares of NOCIL Limited slipped by 1.47% on the close today, settling at ₹170.99 after shedding ₹2.55 from previous trading levels. The stock saw a robust trading volume of 3.53 million shares during the session.