About NOCIL Limited

NOCIL Limited, part of the Arvind Mafatlal Group, is India’s largest manufacturer of rubber chemicals, with over four decades of industry experience and a global presence in more than 40 countries. The Company was incorporated in 1961 and operates advanced manufacturing facilities at Navi Mumbai (Maharashtra) and Dahej (Gujarat) that supply the tyre, automotive, rubber goods and other industrial sectors. It is recognised for a broad product portfolio, strong technical services, and long-term relationships with prominent tyre manufacturers in India and overseas. NOCIL’s R&D centre (Navi Mumbai) is recognised by the Department of Scientific and Industrial Research (DSIR) and is backed by state-of-the-art laboratories and pilot plant facilities that support product development and application work. The Company has 1 subsidiary.

NOCIL Limited Business Segments

• By segment/vertical: Rubber Chemicals & Accelerators – 100% of turnover.
• By geography: Exports – 35% of turnover (domestic is the balance).

NOCIL Limited Key Management

• Hrishikesh A. Mafatlal – Executive Chairman
• Anand V. S. – Managing Director
• P. Srinivasan – President Finance & Chief Financial Officer
• Prasanna Pandit – President – Technical & Operations
• Amit K. Vyas – AVP – Legal & Secretarial; Company Secretary

Latest Updates on NOCIL Limited

• Capacity expansion: A brownfield expansion of Rs 250 crore is in progress at the Dahej facility to increase capacity in the TDQ antioxidant line; the project is on track for commissioning in 2026–27.
• Trade protection: The Company filed anti-dumping petitions on certain key products; the Government initiated a detailed investigation during the year.
• Capital markets/ESOPs: During the audit period, NOCIL issued and allotted 3,79,225 equity shares pursuant to the exercise of options under its stock option scheme (report dated May 15, 2025).
• Leadership and governance: Prasanna Pandit was appointed President – Operations & Technical with effect from April 01, 2024; he was also designated as one of the Key Managerial Personnel with effect from June 01, 2024.
• Credit ratings: CRISIL and CARE reaffirmed ratings of AA (Stable) for long-term bank facilities and A1+ for short-term non-fund-based bank facilities.