1. India Stocks

  2. •

    Process industries

  3. •

    Chemicals: specialty
Apcotex Industries Ltd

Apcotex Industries Ltd

536.85
INR
-4.70
(-0.87%)
31.08EPS
16.34P/E
26.33BMarket Cap
Oct 28Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
57.29
68.16
51.5
74.56
101.13
120.18
94.81
103.75
183.46
206.24
214.72
265.7
275.21
306.88
Basic EPS, GAAP
2.54
4.76
4.76
6.75
7.45
8.99
3.21
8.52
19.06
20.82
10.39
10.43
19.56
31.08
Free Cash Flow per Basic Share
0.79
4.71
-13.69
2.11
7.93
3.2
-2.68
9.93
-3.94
-12.66
2.4
6.71
30.66
- -
Dividend per Share
0.87
0.98
1.38
1.77
1.77
2.37
5.9
1.51
3.96
4.98
5.43
5.43
6.98
- -
Book Value per Share
16.45
19.24
52.4
43
47.52
53.57
48.47
58.91
76.41
91.81
100.64
106.7
119.78
- -
Tangible Book Value per Share
16.43
19.19
52.34
42.87
47.45
53.3
48.28
58.78
76.3
91.73
100.54
106.63
119.74
- -
Basic Weighted Avg Shares
52
52
52
52
52
52
52
52
52
52
52
52
52
52
Sales/Revenue/Turnover
2,970
3,534
2,670
3,865
5,243
6,231
4,915
5,379
9,512
10,693
11,132
13,775
14,268
15,914
Operating Margin (%)
6.24
9.32
10.76
4.49
10.23
9.26
4.43
10.37
13.33
13.41
7.4
6.04
9.38
12.85
Depreciation Expense
68
90
89
121
121
118
134
145
141
152
315
416
496
514
Net Income, GAAP
131
247
247
350
386
466
166
442
988
1,079
539
541
1,014
1,612
Effective Tax Rate (%)
21.07
29.14
26.2
19.44
30.73
24.43
32.42
22.17
24.21
25.82
27.7
29.09
24.8
24.38
Profit Margin (%)
4.42
6.98
9.24
9.05
7.37
7.48
3.38
8.21
10.39
10.09
4.84
3.92
7.11
10.13
Working Capital
100
143
654
720
999
1,239
946
912
1,386
1,425
1,541
1,576
1,973
- -
LT Debt
167
84
- -
- -
- -
10
228
62
265
1,248
981
658
338
- -
Total Equity
853
998
2,717
2,229
2,464
2,778
2,513
3,054
3,962
4,760
5,217
5,532
6,210
- -
Return on Invested Capital (%)
10.71
19.95
11.53
6.45
13.85
15.77
5.21
14
25.21
19.9
8.95
8.19
13.58
- -
Return on Capital (%)
13.32
21.75
12.58
13.7
15.55
17.52
5.95
15.12
26.35
20.72
9.65
9.03
14.91
- -
Return on Common Equity (%)
16.08
26.68
13.28
14.15
16.47
17.78
6.29
15.87
28.17
24.75
10.8
10.06
17.27
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
626
- -
LT Borrowings
- -
317
- -
LT Finance Leases
- -
22
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
52
52
52
Market Capitalization
19,406
16,285
26,332

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
4,954
- -
Cash, Cash Equivalents & STI
- -
543
- -
Accounts Receivable, Net
- -
2,445
- -
Inventories
- -
1,282
- -
Total Current Liabilities
- -
2,981
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
626
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.51%
15.56%
12.26%
Free Cash Flow
-5.32%
99.94%
357.21%
Net Income, GAAP
34.5%
34.17%
87.57%
Sales/Revenue/Turnover
20.83%
24.14%
3.58%
Total Cash Common Dividend
36.3%
45.3%
28.52%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3,366
3,511
3,553
3,494
13,775
2026
3,758
3,367
3,315
3,976
14,268
2027
5,256
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2.85
2.11
2.23
3.23
10.43
2026
3.7
4.88
4.28
6.7
19.56
2027
15.23
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
5.43
2026
- -
- -
- -
- -
6.98
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Abhiraj Atul Choksey
Full Time Employees
616
Sector
Process industries
Industry
Chemicals: specialty
Address
N. K. Mehta International House Mumbai MA India 400020
IPO Date
Aug 19, 1996
Website
apcotex.com
Similar Companies
Petkim Petrokimya Holding Anonim Sirketi (BIST:PETKM)
Albemarle Corporation (NYSE:ALB)
Linde plc (NASDAQ:LIN)
Gubre Fabrikalari T.A.S. (BIST:GUBRF)
IOL Chemicals & Pharmaceuticals Ltd. (NSE:IOLCP)
PI Industries Limited (NSE:PIIND)
Business
Apcotex Industries Limited manufactures and markets synthetic rubber and latex products in India and internationally. The company produces a comprehensive range of synthetic latexes including vinyl pyridine latex, carboxylated styrene-butadiene latexes, acrylic latexes, nitrile latex, SBR latex, carboxylated SBR and XSB latex; and synthetic rubbers such as nitrile rubber (NBR), high styrene rubber (HSR), nitrile polyblends and nitrile powder; serving industries including paper and paperboards, tyre cord dipping, carpets, construction and waterproofing, textiles, footwear, gloves, automotive components, hoses, conveyor belts, rice dehusking rollers and speciality applications. Founded in 1980 as a division of Asian Paints India Limited and headquartered in Mumbai, the company operates manufacturing facilities in Taloja, Maharashtra, and Valia, Gujarat, with exports to over 45 countries across the Indian Subcontinent, Southeast Asia, the Middle East, Turkey, Japan, Russia, Africa, the European Union, the United States and Latin America. In November 2025, Apcotex's board approved a INR 210 million capital expenditure plan to expand capacity at its Valia facility by 37,000 MTPA of synthetic latex and 14,600 MTPA of nitrile rubber and allied products, expected to come online in phases by the first quarter of fiscal 2027 to meet rising domestic and international demand; the company also explores partnerships and acquisition opportunities while maintaining net debt of approximately INR 110 crore. Apcotex holds pioneering status as India's first producer of vinyl pyridine latex, carboxylated styrene-butadiene latex and NBR, with both plants awarded TPM Excellence Category A and Consistency Awards by the Japan Institute of Plant Maintenance, alongside certifications in ISO 9001:2015, ISO 14001:2015 and ISO 45001:2018.