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NOCIL vs Yasho Industries: Share Price, PE, ROE Compared

NOCIL MCap Rs 2,788 Cr, PE 42.16x, ROE 3.14%, zero debt. Yasho Industries MCap Rs 5,066 Cr, PE 87.85x, ROE 5.69%, D/E 1.24.


12 Aug 20264:08 pm

NOCIL vs Yasho Industries: Share Price, PE, ROE Compared

NOCIL vs Yasho Industries is a comparison specialty chemical investors look up when evaluating two listed Indian companies in the specialty industrial chemicals segment. NOCIL Limited, a Mumbai-based company (Mafatlal Group), is India's largest manufacturer of rubber processing chemicals – antioxidants and accelerators used to improve rubber quality in tyres and industrial rubber products. Yasho Industries, a Mumbai-based company, manufactures specialty chemicals including antioxidants, specialty chemicals for lubricants, polymers and food applications. The NOCIL versus Yasho Industries comparison covers rubber processing chemicals versus diversified specialty chemicals.

This NOCIL vs Yasho Industries article covers reach and market position, key products, latest declared results and stock valuation. All data is sourced from Groww and public company filings.

Reach and Market Position

In this NOCIL vs Yasho Industries comparison, NOCIL supplies rubber processing chemicals (antioxidants, accelerators, pre-vulcanisation inhibitors) to tyre companies and industrial rubber manufacturers across India and internationally. Market capitalisation is Rs 2,788 Cr.

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Yasho Industries supplies antioxidants for rubber and plastics, specialty chemicals for lubricants (PANA, DPPD), food antioxidants and polymer additives globally. Market capitalisation is Rs 5,066 Cr.

Key Products and Business Mix

For the NOCIL vs Yasho Industries product breakdown, NOCIL: NOCIL earns from rubber processing chemical sales to tyre OEMs (Bridgestone, MRF, CEAT). EPS is Rs 3.96. PE is 42.16x, ROE 3.14 percent (thin), zero debt. NOCIL's thin ROE reflects an industry down-cycle.

Yasho Industries: Yasho earns from specialty antioxidants and lubricant additives sold globally. EPS is Rs 47.83. PE is 87.85x (expensive), ROE 5.69 percent, D/E 1.24.

Latest Results and Financial Data

On the NOCIL vs Yasho Industries results front: NOCIL has a market cap of Rs 2,788 Cr and PE of 42.16x. ROE is 3.14 percent. Yasho Industries is 1.8 times larger than NOCIL on market cap despite NOCIL's cleaner balance sheet.

Yasho Industries has a market cap of Rs 5,066 Cr and PE of 87.85x. ROE is 5.69 percent. Yasho is more expensive on PE with higher debt than NOCIL.

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Stock Performance and Valuation

Investors tracking the NOCIL vs Yasho Industries comparison should verify current prices on NSE or BSE before trading. The NOCIL vs Yasho Industries stock data below reflects the latest available figures from Groww and public company filings.

NOCIL versus Yasho Industries: NOCIL at PE 42.16x with zero debt vs Yasho at PE 87.85x with D/E 1.24. Both have thin ROE – NOCIL 3.14%, Yasho 5.69%. In the NOCIL and Yasho comparison, neither company shows strong near-term earnings momentum.

NOCIL vs Yasho Industries: Quick Comparison Table

The comparison table below summarises the key metrics side by side.

Parameter NOCIL Yasho Industries
Sector Rubber processing chemicals: antioxidants + accelerators (tyre industry) Specialty antioxidants: rubber, plastics, lubricants, food (global B2B)
Market Cap Rs 2,788 Cr Rs 5,066 Cr
P/E Ratio 42.16x 87.85x (expensive)
ROE 3.14% (thin) 5.69% (thin)
Debt to Equity 0.00 (zero debt) 1.24 (leveraged)
Customers Tyre companies, rubber product makers (domestic) Global specialty chemical companies (export-oriented)
Dividend Yield 0.90% 0.01%

Conclusion

The NOCIL vs Yasho Industries comparison above covers reach, products, results and valuation. NOCIL versus Yasho Industries covers rubber processing chemicals versus diversified specialty chemicals. Both have thin current ROE and expensive PE ratios. NOCIL has the cleaner balance sheet (zero debt) while Yasho has higher debt. The NOCIL and Yasho Industries comparison shows both companies in an earnings recovery phase. Investors tracking NOCIL versus Yasho should monitor margin improvement and volume growth. Consult a SEBI-registered advisor for personalised guidance.

Download the Univest iOS App or Univest Android App to track NOCIL and Yasho Industries live price and get daily stock recommendations.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

Frequently Asked Questions

What does NOCIL make?

Ans. NOCIL makes rubber processing chemicals – antioxidants (IPPD, 6PPD), accelerators (CBS, MBTS) and pre-vulcanisation inhibitors (PVI) that are added to rubber during tyre and industrial rubber product manufacturing.

What does Yasho Industries make?

Ans. Yasho Industries makes specialty antioxidants for rubber, plastics and lubricant applications, along with food-grade antioxidants (TBHQ, BHA, BHT) and high-performance additives for motor oil lubricants.

What are rubber processing chemicals?

Ans. Rubber processing chemicals are additives mixed into rubber during manufacturing to improve properties: antioxidants prevent aging and cracking, accelerators speed up vulcanisation, and inhibitors extend shelf life.

Which is larger, NOCIL or Yasho?

Ans. Yasho Industries at Rs 5,066 Cr is approximately 1.8 times larger than NOCIL at Rs 2,788 Cr by market cap.

Are NOCIL and Yasho in Nifty 50?

Ans. Neither is in Nifty 50. Both are tracked in smaller indices.

Does NOCIL pay dividends?

Ans. Yes. NOCIL pays approximately 0.90% dividend yield. Yasho's dividend yield is minimal at 0.01%.

Who is NOCIL's parent?

Ans. NOCIL is part of the Mafatlal Group – one of India's historic textile and chemicals business families.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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