{"id":141856,"date":"2023-02-15T07:20:49","date_gmt":"2023-02-15T12:20:49","guid":{"rendered":"https:\/\/44.250.171.167\/?p=141856"},"modified":"2023-02-15T08:24:05","modified_gmt":"2023-02-15T13:24:05","slug":"nocil-limited-q3fy23-earnings-story","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/nocil-limited-q3fy23-earnings-story\/","title":{"rendered":"NOCIL Limited Q3FY23 Earnings Story"},"content":{"rendered":"\n

The rubber chemicals produced by NOCIL Ltd.<\/a>, a company founded in 1961, is utilised by the tyre industry and other businesses that handle rubber.<\/p>\n\n\n\n

Financial Results:<\/strong><\/p>\n\n\n\n

The NOCIL Q3FY23 results were poor. Due to the low volume demand, revenue decreased by 16%. EBITDA was also negatively impacted and gross margins shrunk.<\/p>\n\n\n\n

\"\"<\/a><\/figure><\/div>\n\n\n\n

Management on Sales:<\/strong><\/h2>\n\n\n\n

Domestic volumes remain robust on a YTD basis. <\/em><\/p>

On a sequential basis, exports have been flat whereas domestic has de-grown. <\/em><\/p>

Volumes in Q4FY23 expected to improve sequentially<\/em><\/p><\/blockquote>\n\n\n\n

Management on Revenue:<\/strong><\/h2>\n\n\n\n

YTD Dec 22 revenues registered a growth of 10% on Y-o-Y basis.<\/em><\/p>

As indicated earlier, selling prices experienced downward correction in line with the input price corrections.<\/em><\/p>

Revenue in Q4FY23 expected to improve sequentially.<\/em><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

The rubber chemicals produced by NOCIL Ltd., a company founded in 1961, is utilised by the tyre industry and other businesses that handle rubber. Financial Results: The NOCIL Q3FY23 results were poor. Due to the low volume demand, revenue decreased by 16%. EBITDA was also negatively impacted and gross margins shrunk. Management on Sales: Domestic […]<\/p>\n","protected":false},"author":1885,"featured_media":134978,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,5753,6352],"tags":[11614],"class_list":["post-141856","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-industrials","category-research-summary","tag-rubber-chemicals"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/science-lab_evotec_-Macrovector.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":148167,"url":"https:\/\/alphastreet.com\/india\/nocil-limited-q4fy23-earnings-story\/","url_meta":{"origin":141856,"position":0},"title":"Nocil Limited Q4FY23 Earnings Story","author":"Karan_Singh","date":"June 2, 2023","format":false,"excerpt":"NOCIL Ltd., incorporated in 1961, is engaged in the manufacture of rubber chemicals which are used by the tyre industry and other rubber processing industries.\u00a0 Financial Results: Nocil Ltd. reported Total Income for Q4FY23 of \u20b9 393 Crores up from \u20b9 463 Crore year on year, a fall of 15%.Total\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-582256640.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-582256640.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-582256640.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-582256640.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":156291,"url":"https:\/\/alphastreet.com\/india\/nocil-ltd-q2fy24-25-fall-in-profits\/","url_meta":{"origin":141856,"position":1},"title":"NOCIL Ltd Q2FY24; 25% fall in Profits","author":"Hardik Bhandare","date":"November 16, 2023","format":false,"excerpt":"NOCIL Ltd., incorporated in 1961, manufactures rubber chemicals which are used by the tyre industry and other rubber processing industries. It is a part of Arvind Mafatlal Group and is the Largest Rubber Chemicals Manufacturer in India. Financial Results: NOCIL Ltd reported Revenues for Q2FY24 of \u20b9351.00 Crores down from\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-207.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-207.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-207.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-207.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-207.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-207.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":159335,"url":"https:\/\/alphastreet.com\/india\/nocil-ltd-q3fy24-58-rise-in-profits\/","url_meta":{"origin":141856,"position":2},"title":"NOCIL Ltd Q3FY24; 58% rise in Profits","author":"Chirag Gupta","date":"February 29, 2024","format":false,"excerpt":"NOCIL Ltd., incorporated in 1961, manufactures rubber chemicals which are used by the tyre industry and other rubber processing industries. It is a part of Arvind Mafatlal Group and is the Largest Rubber Chemicals Manufacturer in India. 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It is a part of Arvind Mafatlal Group and is the Largest Rubber Chemicals Manufacturer in India. Financial Results: NOCIL Ltd reported Revenues for Q4FY24 of \u20b9356.00 Crores down from\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-169.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-169.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-169.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-169.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-169.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-169.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150672,"url":"https:\/\/alphastreet.com\/india\/nocil-ltd-q1fy24-48-fall-in-profits\/","url_meta":{"origin":141856,"position":4},"title":"NOCIL Ltd Q1FY24; 48% fall in Profits","author":"Karan_Singh","date":"August 1, 2023","format":false,"excerpt":"NOCIL Ltd., incorporated in 1961, is engaged in the manufacture of rubber chemicals which are used by the tyre industry and other rubber processing industries. Financial Results: NOCIL Ltd reported Revenues for Q1FY24 of \u20b9397.00 Crores down from \u20b9509.00 Crore year on year, a fall of 22.0%. Total Expenses for\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-9.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-9.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-9.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-9.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-9.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-9.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":137555,"url":"https:\/\/alphastreet.com\/india\/nocil-limited-nocil-q2-fy23-earnings-concall-transcript\/","url_meta":{"origin":141856,"position":5},"title":"NOCIL Limited (NOCIL) Q2 FY23 Earnings Concall Transcript","author":"IRS_INDIA","date":"November 9, 2022","format":false,"excerpt":"NOCIL Limited\u00a0 (NSE:NOCIL) Q2 FY23 Earnings Concall dated Nov. 09, 2022 Corporate Participants: Sudhir Ramchandra Deo\u00a0--\u00a0Managing director and Executive Director V. S. Anand\u00a0--\u00a0Deputy Managing director and Executive Director P. Srinivasan\u00a0--\u00a0President of Finance and Chief Financial Officer Analysts: Bhargav Buddhadev\u00a0--\u00a0Kotak Mahindra -- Analyst Aditya Khetan\u00a0--\u00a0SMIFS Institutional. -- Analyst Nirav Jimudia\u00a0--\u00a0Anvil Research\u2026","rel":"","context":"In "Earnings Call Transcripts"","block_context":{"text":"Earnings Call Transcripts","link":"https:\/\/alphastreet.com\/india\/category\/transcripts\/"},"img":{"alt_text":"stock earnings conference call transcript","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/EarningsTranscript.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/EarningsTranscript.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2020\/02\/EarningsTranscript.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/141856","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=141856"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/141856\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/134978"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=141856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=141856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=141856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}