What we do NOCIL Ltd is India's largest manufacturer and supplier of rubber chemicals, serving the tyre and rubber processing industries with a broad product portfolio including antioxidants, accelerators, and anti-degradants. |
Founded in 1,961 |
Market share Leading player in Indian rubber chemical market with strong export presence globally, recognized for technical expertise and sustainable innovations. |
Problem solved Provides essential chemicals that improve rubber product durability, efficiency, and quality for tyre and other rubber-based industries addressing aging and degradation issues. |
Top clients or who we serve Supplies major domestic and international tyre manufacturers and rubber product industries worldwide (B2B market). |
Key management Hrishikesh A. Mafatlal (Chairman), Anand V.S. (Managing Director), P. Srinivasan (CFO) with strong industry and leadership background. |
Our journey and innovations Established in 1961, evolved from petrochemicals to specialize in rubber chemicals, expanded facilities at Navi Mumbai and Dahej, pioneering green chemistry and sustainable manufacturing. |
Where we operate Operates primarily in India; exports to over 40 countries with growing international footprint. |
Top products or what we offer Rubber chemicals such as PILFLex (anti-degradants), PILnox (antioxidants), PILcure (accelerators), and PILGarD (pre-vulcanization inhibitors). |
Top brands PILFLex, PILnox, PILcure, PILGarD — recognized as leading rubber chemical brands with pan-India reach and global exports. |
Raw materials needed Petrochemical-derived compounds and specialty chemicals for rubber chemical synthesis. |
Raw materials supplier Suppliers include Indian and global chemical raw material producers; strategic sourcing ensures cost-efficiency and quality. |
Recurring vs cyclical contribution Revenue is largely recurring from continuous demand in tyre and rubber industries, with moderate cyclicality linked to automotive sector. |
Our industry position Market leader in India with increasing global market share backed by 'China+1' export strategy and advanced manufacturing. |
Financial highlights Revenue approximately Rs 1393 Crores and net profit Rs 103 Crores for FY 2024-25; consistent dividend payer with steady margins. |
Geographical revenue split Approximately 65% revenue from India and 35% from international markets. |
Order book - |
Whats driving growth Demand for sustainable and high-quality rubber chemicals, export expansion, product innovation, and capacity expansions at Dahej and Navi Mumbai. |
Our future plans Rs 250 Crores capex underway at Dahej for product expansion, focus on green chemistry and digitalization in R&D. |
Our green promise Committed to Responsible Care, ISO certifications, reducing carbon footprint, wastewater recycling, and sustainable procurement. |
Our people and values Values Agility, Intrapreneurship, Respect, Resilience; invests in employee safety, diversity, and continuous skill development. |
Key challenges ahead Global price pressures, dumping from competitors, raw material volatility, and geopolitical economic uncertainties. |
Interesting facts One of 83 Indian companies with Responsible Care certification; recipient of global sustainability awards and recognized for investor services excellence. |
Risks and strategy Mitigates risks via anti-dumping petitions, robust risk management, diversified markets, and ongoing operational efficiency improvements. |
