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tirupati innovar ltd
NOCIL slumps after Q4 PAT tanks 18% YoY to Rs 17 crore
May 08,2026

Profit before tax stood at Rs 20.95 crore for the quarter ended 31 March 2026, marking a year-on-year decline of 19.32%.

Total expenses rose 1.24% YoY to Rs 323.30 crore in Q4 FY26. The cost of material consumed was at Rs 165.18 crore (down 2.32% YoY) and employee benefits expenses stood at Rs 22.97 crore (up 6.73% YoY) during the period under review.

On a quarter-on-quarter (QoQ) basis, the company’s consolidated net profit jumped 84% to Rs 17 crore in Q4 FY26 as against Rs 9 crore in Q3 FY26. Net revenue from operations rose 5% QoQ to Rs 330 crore in Q4 FY26.

Operating EBITDA slipped 22% to Rs 21 crore in Q4 FY26 as against Rs 27 crore posted in Q3 FY26. Operating EBITDA margin slipped to 6.4% in Q4 FY26, compared with 8.5% reported in the same period last year.

The board of directors has recommended a final dividend of Rs 1.50 per equity share of face value Rs 10 each (i.e., 15% of face value).

NOCIL, 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.