NOCIL reports Q2FY26 financials, focuses on responsible growth and China +1 strategy

NOCIL Limited announced its Q2FY26 consolidated financial results, with net revenue from operations at ₹321 crores and profit before tax at ₹19 crores for the quarter. For the half-year ended September 30, 2025, net revenue from operations was ₹657 crores, and profit before tax stood at ₹42 crores. The company reported a net profit of ₹12 crores for Q2FY26 and ₹29 crores for H1FY26. Operating EBITDA for Q2FY26 was ₹22 crores, with a margin of 7.1%.

The investor presentation highlights NOCIL’s commitment to "scaling and adapting responsibly," with a focus on green chemistry and responsible care. The company saw an upward trajectory in volumes with 4% quarter-over-quarter growth, despite international markets being dampened by global uncertainties and US tariff issues. Dumping pressure continues to affect the domestic market, leading to pricing challenges.

NOCIL continues its investment in sustainability, including a capex program of ₹250 crores in its Dahej facility to enhance production capabilities for its TDQ antioxidant product portfolio. The company also emphasizes its "China + 1 Strategy," positioning itself as a dependable, non-Chinese player in the rubber chemical industry, benefiting from global sourcing diversification.