NOCIL files BRSR for FY26 with voluntary assurance
NOCIL Limited filed its Business Responsibility and Sustainability Report for FY26 with exchanges, voluntarily undertaking Limited Assurance via TUV SUD ahead of SEBI mandates. The report highlights that exports contributed 34% of turnover and 84% of raw materials were sourced sustainably. The company also reported improved female wage percentage and maintained zero fines for compliance violations.
*this image is generated using AI for illustrative purposes only.
NOCIL Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 with the Bombay Stock Exchange and the National Stock Exchange. The company voluntarily undertook a Limited Assurance for its BRSR Core through TUV SUD, reflecting its commitment to enhanced sustainability practices, although this requirement is mandated by SEBI only effective from F.Y. 2026-27. The corresponding Assurance Statement is annexed to the report.
The disclosures under the report are made on a standalone basis for NOCIL. The company serves markets in 40 countries worldwide but does not have plants or offices in these locations. The total contribution of exports as a percentage of total turnover for the reporting period was 34%. NOCIL is India’s leading manufacturer of rubber chemicals, serving primarily the tyre industry along with other rubber product manufacturers.
Sustainability and Environmental Impact
The company reported that over 84% of its raw materials were sourced sustainably during the year. It has established a Sustainable Procurement Policy and leverages its ISO 20400 certification to drive continuous improvement. NOCIL has initiated steps to get registered under the Extended Producer Responsibility (EPR) provisions. The company has not yet implemented Zero Liquid Discharge but has implemented initiatives such as procuring treated water from the Mumbai Municipal Corporation and installing a Reverse Osmosis Plant to reduce freshwater dependency.
Regarding energy, the company generated and used 51,919.32 KWh of green electricity through initiatives like roof-top solar, reducing its dependency on grid-based electricity by 28.32%. The company holds certifications for ISO 9001, ISO 14001, ISO 45001, IATF 16949, and ISO 50001.
Social and Governance Metrics
The company reported that the number of days of accounts payables was 43 for F.Y. 2025-26, compared to 36 in the previous year. The gross wages paid to females as a percentage of total wages stood at 6.48% in F.Y. 2025-26, up from 6.16% in F.Y. 2024-25. NOCIL confirmed that it, its Directors, and Key Managerial Personnel (KMPs) were not subjected to any fines, penalties, or punishments during the financial year.
The company has implemented an Anti-Bribery and Anti-Corruption policy (ABAC) and a Whistleblower Policy. It maintains a zero-tolerance approach towards bribery and corruption. All employees are required to undergo mandatory ABAC training annually via an E-Learning Training Module. The company also confirmed that there were no instances of product recalls on account of safety issues during the year.
Third-Party Assurance
TÜV SÜD South Asia Pvt Ltd. conducted an independent assurance engagement for the sustainability information. The verification was carried out according to the steps based on ISAE 3000 assurance engagement standard and ISO 17029. The scope included a limited level of assurance for the 9 core attributes of BRSR. The assessment procedures were carried out between April 29, 2026, and June 3, 2026. TÜV SÜD concluded that the identified sustainability indicators are prepared in all material respects in accordance with the reporting requirements outlined in BRSR Core.
Historical Stock Returns for NOCIL
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.47% | -0.50% | +14.10% | +21.15% | -8.25% | -27.42% |
How will the early adoption of Limited Assurance for BRSR Core influence NOCIL's ESG ratings and investor attractiveness ahead of the FY 2026-27 regulatory mandate?
What specific timelines and investments are required to achieve Zero Liquid Discharge, and how might this impact operational costs?
Given that 34% of turnover comes from exports, how will NOCIL navigate potential carbon border taxes in its key international markets?
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