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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comNOCIL Ltd, one of India’s leading rubber chemical manufacturers, has established itself as a key supplier in both domestic and global markets. Known for its innovation, strong research capabilities, and sustainable manufacturing practices, the company plays a vital role in the tire and rubber industry.
In this article, we will analyze NOCIL Ltd’s share price target from 2025 to 2030, discuss its business fundamentals, and explore whether it’s a good long-term investment option for retail and institutional investors.
| Detail | Value |
|---|---|
| Open | ₹181.00 |
| Previous Close | ₹180.50 |
| Volume | 1,835,790 |
| Value (Lacs) | ₹3,394.74 |
| VWAP | ₹186.69 |
| Beta (Volatility) | 1.37 |
| Market Capitalization (₹ Cr) | ₹3,088 |
| High | ₹191.00 |
| Low | ₹180.31 |
| UC Limit | ₹216.60 |
| LC Limit | ₹144.40 |
| 52-Week High | ₹306.55 |
| 52-Week Low | ₹158.10 |
| Face Value | ₹10 |
| All-Time High | ₹336.00 |
| All-Time Low | ₹4.75 |
| 20D Avg Volume | 438,797 |
| 20D Avg Delivery (%) | 60.92 |
| Book Value Per Share | ₹106.02 |
| Dividend Yield | 1.08% |
Founded in 1976, NOCIL Ltd (National Organic Chemical Industries Limited) is India’s largest manufacturer of rubber chemicals used in tire and non-tire applications. The company operates under the Arvind Mafatlal Group, one of India’s most respected business conglomerates.
NOCIL’s product portfolio includes accelerators, antioxidants, and pre-vulcanization inhibitors—essential components for tire manufacturing and rubber processing industries. Its customer base spans across tire majors like MRF, Apollo Tyres, and CEAT, along with several international clients.
India’s largest rubber chemical manufacturer with global exports.
Consistent profit margins and healthy dividend payouts.
Strong R&D capabilities supporting innovation and product diversification.
Environmentally sustainable operations.
Robust distribution network across India and over 40 export destinations.
| Investor Type | Holding (%) |
|---|---|
| Retail and Others | 54.40% |
| Promoters | 33.76% |
| Foreign Institutions | 6.65% |
| Mutual Funds | 4.18% |
| Other Domestic Institutions | 1.01% |
This distribution shows strong retail participation, indicating investor confidence in NOCIL’s long-term growth story. Promoter holding of over 33% also reflects sustained management commitment to business performance.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2025 | 190 | 210 |
| 2026 | 215 | 240 |
| 2027 | 250 | 275 |
| 2028 | 280 | 310 |
| 2029 | 310 | 340 |
| 2030 | 340 | 380 |
These projections consider the company’s business expansion, financial performance, R&D investment, global rubber demand, and tire industry growth in India and abroad.
In 2025, NOCIL is expected to maintain stable growth due to consistent demand from the tire industry and improved exports.
Why?
India’s tire production expected to rise by 6–8%.
Strong recovery in the automotive sector post-pandemic slowdown.
Margins supported by stable raw material prices.
Investment Advice: Long-term investors can start SIPs or accumulate gradually during dips.
By 2026, NOCIL’s financial performance is likely to improve due to operational efficiency and capacity expansion at its Dahej and Navi Mumbai plants.
Why?
Better economies of scale.
Increased export volumes to Southeast Asia and Europe.
Higher dividend payouts expected.
Investment Advice: Hold and track quarterly results, as rising EPS could attract institutional investors.
In 2027, NOCIL may benefit from the expansion of India’s automobile sector and a shift towards local manufacturing of tire components.
Why?
Make in India initiative supporting chemical manufacturing.
Improved raw material supply chain management.
R&D-driven product innovation improving margins.
Investment Advice: Long-term investors should continue holding; potential for 15–20% CAGR returns.
By 2028, NOCIL is projected to cross the ₹300 mark if market demand continues to grow and export revenues strengthen.
Why?
Growth in electric vehicle (EV) tire segment increasing rubber chemical demand.
Focus on sustainable and eco-friendly product lines.
Healthy book value and consistent dividend record.
Investment Advice: Excellent opportunity for portfolio diversification within the specialty chemicals sector.
In 2029, the company could achieve further valuation growth supported by higher market share in the domestic chemical segment.
Why?
Strong financial performance and expanding client base.
Entry into newer geographies through strategic partnerships.
Increasing preference for Indian manufacturers amid global supply chain shifts.
Investment Advice: Continue to hold; partial profit booking can be considered after a 50% appreciation.
By 2030, NOCIL could establish itself as a leading global player in rubber chemicals, riding on consistent exports and capacity expansion.
Why?
Leadership position in Asia-Pacific market.
Continuous innovation in chemical formulations.
Potential mergers or collaborations in the specialty chemical segment.
Investment Advice: Ideal for long-term investors seeking stability and growth; suitable for inclusion in a diversified portfolio.
Yes, NOCIL Ltd offers solid fundamentals, steady profitability, and a promising long-term growth trajectory driven by India’s tire and rubber industry expansion.
Strong brand and global presence.
Financially sound with regular dividend payouts.
Diversified customer base across 40+ countries.
Consistent improvement in operating margins.
Robust promoter and retail participation.
Fluctuations in raw material prices (benzene and aniline).
Global economic slowdown affecting export orders.
Competition from Chinese and European manufacturers.
High volatility (Beta 1.37).
NOCIL Ltd remains a strong contender in India’s specialty chemical space, backed by innovation, a reliable customer base, and sound financials. With consistent performance and strategic expansion plans, the stock has the potential to deliver robust returns over the next five years.
As of October 2025, the share trades around ₹181, and experts anticipate that NOCIL Ltd’s share price could reach ₹380 by 2030 if the company sustains its growth momentum.
For investors seeking steady returns, dividend income, and exposure to the specialty chemicals sector, NOCIL Ltd can be a valuable long-term investment.
1. What is the current share price of NOCIL Ltd?
As of October 2025, NOCIL Ltd trades around ₹181 on NSE and BSE.
2. What is the 52-week high and low of NOCIL?
The 52-week high is ₹306.55, and the 52-week low is ₹158.10.
3. Who are the promoters of NOCIL Ltd?
Promoters hold 33.76% of the total shares, while retail investors hold the largest share at 54.40%.
4. What is NOCIL Ltd’s dividend yield?
The current dividend yield is 1.08%, indicating regular shareholder rewards.
5. Is NOCIL Ltd a good long-term investment?
Yes, NOCIL is considered a good long-term investment due to its strong fundamentals, consistent performance, and leadership in rubber chemicals.
6. What is the book value per share of NOCIL Ltd?
NOCIL’s book value per share stands at ₹106.02, reflecting strong asset quality.
7. What sectors drive NOCIL’s growth?
Its growth is primarily driven by tire, automobile, and industrial rubber sectors.
8. What is NOCIL’s market capitalization?
As of 2025, NOCIL’s market capitalization is approximately ₹3,088 crore.
9. What is the NOCIL share price target for 2030?
The projected share price target for 2030 is between ₹340 and ₹380.
10. Should I buy NOCIL shares now?
If you are a long-term investor looking for steady returns from the specialty chemical sector, NOCIL is a solid choice to hold in your portfolio.
Disclaimer: This article is for educational and informational purposes only. Please seek advice from a registered financial advisor before making any investment decisions.
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