NOCIL (NOCIL) investor relations material

Executive summary

• Q1 FY 2027 revenue from operations reached INR 403 crore, up 20% year-over-year, driven by 9% volume growth, robust domestic demand, and higher selling prices due to increased raw material costs.

• Domestic volumes saw double-digit growth, aided by GST 2.0 implementation, while exports grew in single digits, reflecting successful customer conversions and international traction.

• Sequential revenue grew 22% over Q4 FY 2026, though volumes declined 3% due to temporary supply-side constraints and logistical challenges from geopolitical issues.

• Focus on product portfolio expansion, operational excellence, and responsible business practices to build resilience and competitiveness.

• Approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.

Financial highlights

• Q1 FY 2027 net revenue: INR 403 crore (20% YoY, 22% QoQ growth).

• EBITDA: INR 45 crore (48% YoY, 115% QoQ growth); EBITDA margin at 11.2%, up 210 bps YoY and 480 bps QoQ.

• Profit after tax: INR 28 crore (61% YoY, 63% QoQ growth); consolidated profit after tax: INR 27.76 crore.

• Standalone EPS (Q1 FY27): ₹1.64 basic, ₹1.63 diluted; consolidated EPS: ₹1.66.

• Average selling prices increased due to higher raw material costs; judicious price-volume mix maintained.

Outlook and guidance

• FY 2027 revenue expected between INR 1,400 crore and INR 1,600 crore, with EBITDA margin around 10%.

• Volume growth for the full year projected at 10%.

• Positive momentum expected to continue, supported by domestic demand, export growth, and ongoing capacity expansions.

• TDQ plant revenues to begin in Q4 FY 2027, ramping up in Q1 next year.