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APCOTEXIND - Apcotex Industri

📊 NSE: APCOTEXIND 🏢 Miscellaneous 📅 Last Updated: 12/13/2025 18:23

📢 Recent Corporate Announcements

Apcotex Industries to Hold Q4 and FY26 Earnings Conference Call on May 7, 2026

🟡 NEUTRAL ⭐ 4/10

EARNINGS 📅 24 Apr 2026, 06:03 PM

Apcotex Industries Limited has scheduled its earnings conference call for May 7, 2026, at 2:00 PM IST to discuss the financial results for the quarter and full year ended March 31, 2026. The call will feature top management, including Vice Chairman & MD Abhiraj Choksey and CFO Vivek Thakur. This interaction provides a platform for institutional investors and analysts to seek clarity on the company's performance and future growth strategy. The announcement is a routine regulatory filing under SEBI's Listing Obligations and Disclosure Requirements.

Earnings conference call scheduled for Thursday, May 7, 2026, at 2:00 PM IST.
Agenda covers financial performance for Q4 FY26 and the full fiscal year 2025-26.
Management representation includes VC & MD Abhiraj Choksey and CFO Vivek Thakur.
Dial-in details provided for international participants from USA, UK, Singapore, and Hong Kong.
DiamondPass link available for participants to join without wait time.

💡 Investors should track the financial results release prior to the call and listen for management commentary on raw material price volatility and demand trends. This is a routine event for performance assessment.

Apcotex Industries acquires 5.12% stake in Opera Vayu (Narmada) for INR 3.38 Crore

🟢 POSITIVE ⭐ 6/10

EXPANSION 📅 23 Apr 2026, 08:35 PM

Apcotex Industries has finalized the acquisition of a 5.12% equity stake in Opera Vayu (Narmada) Private Limited for a total cash consideration of INR 3.38 crore. This strategic move follows a Power Purchase Agreement (PPA) aimed at securing hybrid power for the company's captive consumption. The target entity is a Special Purpose Vehicle (SPV) incorporated in 2022, focused on the power sector. This investment is expected to help the company optimize energy costs and enhance its renewable energy footprint.

Acquired 33,75,000 equity shares representing a 5.12% stake in Opera Vayu (Narmada) Private Limited
Total investment value stands at INR 3,37,50,000 paid via cash consideration
The acquisition is intended for captive consumption of hybrid power to manage operational energy costs
Target entity is an SPV incorporated in August 2022 with nil turnover reported for the last three years

💡 Investors should view this as a positive operational step toward long-term energy cost reduction and ESG compliance. While the investment size is small, it reflects management's focus on infrastructure efficiency.

Apcotex to Invest ₹2.04 Cr in Solar Power SPVs and Re-appoints Executive Director

🟢 POSITIVE ⭐ 6/10

EXPANSION 📅 27 Mar 2026, 04:54 PM

Apcotex Industries has approved a strategic investment totaling ₹2.04 crores in two solar power Special Purpose Vehicles (SPVs) to facilitate captive power consumption. The company will acquire a 2.55% stake in Amplus Ceres Solar for ₹72 lakhs and a 2.14% stake in Amplus Energy One for ₹1.32 crores. Additionally, the board has approved the re-appointment of Mr. Ravishankar Sharma as Executive Director for a two-year term starting May 2026. These initiatives are aimed at reducing long-term energy costs and ensuring management continuity.

Investment of ₹72,00,000 to acquire a 2.55% equity stake in Amplus Ceres Solar Private Limited.
Investment of ₹1,32,00,000 to acquire a 2.14% equity stake in Amplus Energy One Private Limited.
The acquisitions are intended for captive consumption of solar power to optimize operational energy costs.
Re-appointment of Mr. Ravishankar Sharma as Executive Director for a 2-year term effective May 1, 2026.
Both solar entities are SPVs and subsidiaries of Amplus Energy Solutions PTE Limited.

💡 The shift toward captive solar power is a positive move for long-term margin improvement and ESG compliance. Investors should view this as a routine but beneficial operational update that supports cost efficiency.

Apcotex Industries to Invest ₹2.04 Cr in Solar Power SPVs for Captive Consumption

🟢 POSITIVE ⭐ 6/10

M&A 📅 27 Mar 2026, 04:48 PM

Apcotex Industries has approved the acquisition of minority stakes in two solar power Special Purpose Vehicles (SPVs) to facilitate captive power consumption. The company will invest ₹72 lakhs for a 2.55% stake in Amplus Ceres Solar and ₹1.32 crores for a 2.14% stake in Amplus Energy One. This strategic move is aimed at reducing long-term energy costs and enhancing the company's renewable energy footprint. Additionally, the board approved the re-appointment of Mr. Ravishankar Sharma as Executive Director for a two-year term.

Acquisition of 2.55% stake in Amplus Ceres Solar Private Limited for ₹72,00,000.
Acquisition of 2.14% stake in Amplus Energy One Private Limited for ₹1,32,00,000.
Total investment of ₹2.04 crores dedicated to securing captive solar power supply.
Re-appointment of Mr. Ravishankar Sharma as Executive Director for a 2-year term starting May 2026.
Both target entities are SPVs under Amplus Energy Solutions PTE Limited and are currently pre-operational.

💡 The investment is a positive step toward operational efficiency and sustainability, though the financial outlay is small relative to the company's scale. Investors should view this as a routine strategic move to manage power costs.

Apcotex to Invest ₹2.04 Cr in Solar SPVs for Captive Power; Re-appoints Executive Director

🟢 POSITIVE ⭐ 6/10

EXPANSION 📅 27 Mar 2026, 04:35 PM

Apcotex Industries has approved a total investment of ₹2.04 crore to acquire minority stakes in two solar power Special Purpose Vehicles (SPVs) managed by Amplus Energy. The company will acquire a 2.55% stake in Amplus Ceres Solar for ₹72 lakhs and a 2.14% stake in Amplus Energy One for ₹1.32 crore. This move is aimed at securing solar power for captive consumption, which is expected to optimize long-term energy costs and improve the company's sustainability profile. Additionally, the board has re-appointed Mr. Ravishankar Sharma as Executive Director for a two-year term starting May 2026.

Investment of ₹72,00,000 to acquire a 2.55% equity stake in Amplus Ceres Solar Private Limited.
Investment of ₹1,32,00,000 to acquire a 2.14% equity stake in Amplus Energy One Private Limited.
The primary objective of these acquisitions is the captive consumption of solar power to reduce operational energy costs.
Re-appointment of Mr. Ravishankar Sharma as Executive Director for a 2-year term effective from May 1, 2026.

💡 The investment is a positive step toward operational efficiency and ESG compliance, though the financial outlay is relatively small. Investors should view this as a long-term cost-saving measure that supports margin stability.

Apcotex Industries Announces Trading Window Closure from April 1, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 25 Mar 2026, 08:26 PM

Apcotex Industries has notified the exchanges that its trading window for dealing in company securities will be closed starting April 1, 2026. This closure is a mandatory regulatory requirement under SEBI (Prohibition of Insider Trading) Regulations, 2015, preceding the announcement of financial results. The restriction applies to designated persons and their immediate relatives until 48 hours after the audited financial results for the quarter and year ending March 31, 2026, are declared. The specific date for the board meeting to approve these results will be announced at a later time.

Trading window closure effective from Wednesday, April 1, 2026.
Closure is in anticipation of Audited Financial Results for Q4 and FY ending March 31, 2026.
Window to remain closed until 48 hours post-declaration of the financial results.
Board meeting date for result approval to be intimated in due course.

💡 This is a routine regulatory announcement and does not require any specific action from retail investors. Investors should monitor future announcements for the specific date of the earnings release to evaluate the company's performance.

Apcotex Industries Receives ₹1.02 Crore Income Tax Demand for FY 2016-17

🟡 NEUTRAL ⭐ 4/10

REGULATORY 📅 13 Mar 2026, 08:07 PM

Apcotex Industries Limited has received an order from the National Faceless Appeal Centre (NFAC) demanding a payment of ₹1,01,90,510. The demand includes tax, penalties, and interest related to Assessment Year 2017-18. The issue stems from alleged non-reporting of transactions by Apcotex Solutions India Private Limited, a company that has since merged into Apcotex Industries. The company is currently evaluating the order with legal counsel but does not expect a material financial impact.

Total demand of ₹1,01,90,510 covering tax, penalty, and interest.
Order pertains to Financial Year 2016-17 (Assessment Year 2017-18).
Relates to transactions of the erstwhile Apcotex Solutions India Private Limited.
Management states the order is unlikely to have a material financial impact on the company.
Order was passed under Section 250 of the Income Tax Act, 1961.

💡 Investors should view this as a routine tax litigation matter; the amount is not significant enough to impact the company's valuation or fundamentals. No immediate action is required as the company explores legal remedies.

Apcotex Industries to Attend 11th Annual Valorem Conference on March 23, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 12 Mar 2026, 03:10 PM

Apcotex Industries Limited has announced its participation in the 11th Annual Valorem Conference scheduled for March 23, 2026, in Mumbai. The event, titled 'Resilient Corporates, Relentless India', will involve in-person group meetings with institutional investors, analysts, and investment advisors starting from 09:00 a.m. The company has explicitly stated that no unpublished price sensitive information (UPSI) will be shared during these interactions. This is a routine disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015.

In-person group meeting scheduled for March 23, 2026, in Mumbai.
Participation in the 11th Annual Valorem Conference - Resilient Corporates, Relentless India.
Interaction involves institutional investors, analysts, and investment advisors starting from 09:00 a.m.
Company confirms that no unpublished price sensitive information will be disclosed.

💡 No immediate action is required as this is a routine investor engagement. Investors may look for any subsequent investor presentations or transcripts released after the conference for insights into management's outlook.

Apcotex Industries: Promoter Rita Ashok Parekh to Acquire 0.12% Stake via Inter-se Transfer

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 11 Mar 2026, 08:32 PM

Rita Ashok Parekh, a promoter of Apcotex Industries, has filed an intimation to acquire 62,280 equity shares, representing 0.12% of the company's share capital. This is an inter-se transfer from another promoter entity (Mrs. Rita Ashok Parekh & Mrs. Janaki Parekh) and will be executed without any monetary consideration. The transaction is scheduled for March 18, 2026, and is exempt from open offer requirements under SEBI regulations. Post-transaction, Rita Ashok Parekh's individual holding will increase from 0.49% to 0.61%, while the overall promoter group holding remains unchanged.

Proposed acquisition of 62,280 shares (0.12% stake) by promoter Rita Ashok Parekh
Transaction is an inter-se transfer among promoters without any financial consideration
Acquirer's individual stake to increase from 252,970 shares (0.49%) to 315,250 shares (0.61%)
The transfer is scheduled to take place on or around March 18, 2026
Compliance with SEBI (SAST) Regulation 10(1)(a)(i) for exemption from open offer

💡 This is a routine administrative reshuffle within the promoter group and does not impact the company's operations or total promoter holding. No action is required from retail investors.

Apcotex Industries Revises Schedule for Investor Meeting on February 27, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 25 Feb 2026, 06:12 PM

Apcotex Industries Limited has announced a revision in the timing of its scheduled meeting with institutional investors and analysts. The meeting, involving Mr. Rohit Balakrishnan of Vrddhi PMS (iThought PMS), is now set for February 27, 2026, starting at 12:00 PM via video conferencing. The company has explicitly stated that no unpublished price sensitive information (UPSI) will be shared during this interaction. This update follows a previous intimation made on February 24, 2026.

Meeting rescheduled for February 27, 2026, at 12:00 PM onwards
Interaction scheduled with Mr. Rohit Balakrishnan, co-fund manager of Vrddhi PMS
The meeting will be conducted through video conferencing mode
Company confirms no unpublished price sensitive information (UPSI) will be shared

💡 No immediate action is required as this is a routine administrative update regarding a meeting schedule. Investors should look for any subsequent disclosures or transcripts if the company releases them post-meeting.

Apcotex Industries to Meet with Vrddhi PMS on February 27, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 24 Feb 2026, 11:56 AM

Apcotex Industries Limited has scheduled a virtual meeting with Mr. Rohit Balakrishnan, the co-fund manager of Vrddhi PMS (iThought PMS). The interaction is slated for February 27, 2026, starting at 11:30 a.m. via video conferencing. This disclosure is a routine compliance filing under Regulation 30 of the SEBI (LODR) Regulations, 2015. The company has explicitly stated that no unpublished price sensitive information (UPSI) will be shared during this meeting.

Meeting scheduled for February 27, 2026, at 11:30 a.m. IST
Interaction with Rohit Balakrishnan, co-fund manager of Vrddhi PMS
The meeting will be held through video conferencing mode
Company confirms no unpublished price sensitive information will be disclosed
Disclosure made in compliance with SEBI Listing Obligations and Disclosure Requirements

💡 Investors should treat this as a routine engagement with institutional investors. Monitor the company's website for any post-meeting presentations or transcripts that may provide insights into business outlook.

Apcotex Q3 FY26 PAT Jumps 91% YoY to ₹22 Cr; EBITDA Margins Expand to 13.1%

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 03 Feb 2026, 02:44 PM

Apcotex Industries reported a strong Q3 FY26 with PAT rising 91% YoY to INR 22 crores, despite a 7% decline in revenue to INR 332 crores caused by lower raw material prices. Operating EBITDA grew 61% YoY to INR 44 crores, driven by a 10% volume growth and improved operational efficiencies. The company achieved its highest-ever 9M sales and export volumes, while reducing debt by INR 94 crores during the period. An interim dividend of INR 2.50 per share was declared, and the company is proceeding with a cost-optimized NBR expansion plan.

Q3 FY26 PAT surged 91% YoY to INR 22 crores with EBITDA margins expanding to 13.12%.
Highest ever 9M sales volumes (up 15% YoY) and export volumes (up 21% YoY) recorded.
Debt reduced by INR 94 crores in 9M FY26, maintaining a net cash positive position.
Interim dividend of INR 2.50 per equity share approved by the Board.
NBR expansion proceeding with optimized CAPEX of INR 130-140 crores despite pending ADD notification.

💡 Investors should view the strong volume growth and margin recovery in nitrile latex and paper segments as positive indicators of operational turnaround. The significant debt reduction and optimized CAPEX for expansion further strengthen the balance sheet for future growth.

Apcotex Industries Releases Audio Recording of Q3 FY26 Earnings Conference Call

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 30 Jan 2026, 09:56 PM

Apcotex Industries has made the audio recording of its earnings conference call, held on January 30, 2026, available to the public. The call addressed the company's financial performance for the third quarter and the nine-month period ending December 31, 2025. This filing is a standard regulatory requirement under SEBI (LODR) Regulations to ensure transparency for all stakeholders. Investors can access the recording via the company's official website to hear management's detailed commentary on business operations.

Earnings conference call for Q3 FY26 and 9M FY26 was conducted on January 30, 2026.
Audio recording is now hosted on the company's website under the investor relations section.
The disclosure is in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.
The recording provides insights into the company's performance for the period ending December 31, 2025.

💡 Investors should listen to the recording to understand management's guidance on raw material costs and demand trends in the latex and synthetic rubber segments. No immediate trading action is required based on this procedural filing.

Apcotex Industries Declares Rs 2.5 Interim Dividend; Sets Feb 4 as Record Date

🟢 POSITIVE ⭐ 7/10

DIVIDEND 📅 30 Jan 2026, 04:59 PM

Apcotex Industries has announced an interim dividend of Rs 2.5 per equity share (125% of face value) for the financial year 2025-26. The company has established February 4, 2026, as the record date to identify eligible shareholders for the payout. In line with current tax laws, the company will deduct TDS at 10% for resident shareholders with valid PANs, while a higher rate of 20% applies if PAN is not provided. Shareholders must submit relevant tax exemption forms or DTAA documents by the record date deadline to optimize their tax liability.

Interim dividend declared at Rs 2.5 per equity share of face value Rs 2.00 each.
Record date for determining dividend eligibility is fixed as February 4, 2026.
TDS of 10% applicable for resident individuals with valid PAN for dividends exceeding Rs 10,000.
Non-resident shareholders can avail DTAA benefits by submitting Form 10F and TRC by the deadline.
Deadline for submission of tax-related documents (Form 15G/15H) is February 4, 2026, 5:00 PM IST.

💡 Eligible shareholders should ensure their PAN and bank account details are updated with their Depository Participant and submit tax exemption forms by Feb 4 to avoid higher TDS.

Apcotex Q3 PAT Jumps 91% YoY to ₹222 Mn; EBITDA Margins Expand to 13.1%

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 30 Jan 2026, 01:00 PM

Apcotex Industries reported a strong bottom-line performance for Q3 FY26, with Net Profit growing 91.4% YoY to INR 222 million despite a 6.7% dip in revenue. The company achieved its highest-ever 9M sales volumes, growing 15% YoY, and significantly improved its EBITDA margins by 549 bps to 13.12%. Debt was reduced by INR 940 million during the first nine months, leading the company to become net cash positive. The Board also declared an interim dividend of INR 2.50 per share.

Q3 PAT grew 91.4% YoY to INR 222 Mn, while EBITDA rose 61.1% to INR 435 Mn.
EBITDA margins expanded significantly by 549 bps YoY to 13.12% in Q3 FY26.
9M FY26 sales volumes reached record highs, increasing 15% YoY, with exports up 21%.
Company turned net cash positive after reducing debt by INR 940 Mn in 9M FY26.
Declared an interim dividend of INR 2.50 per equity share.

💡 Investors should view the margin recovery and debt-free status as strong indicators of operational efficiency. Monitor the notification of anti-dumping duties by the Finance Ministry as a potential further catalyst for the stock.

View All APCOTEXIND Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Revenue from operations grew 23.8% in FY25 to INR 1,392.35 Cr from INR 1,124.55 Cr in FY24. In H1 FY26, revenue reached INR 712.5 Cr, a 3.6% YoY increase, despite a 4% revenue decline in Q2 FY26 (INR 337 Cr) caused by lower realizations from falling raw material prices.

Geographic Revenue Split

The company achieved its highest-ever export volumes in H1 FY26, contributing to an 18% overall volume growth. While specific regional percentages are not disclosed, the company maintains a strong regional position in South and Southeast Asia to leverage freight advantages.

Profitability Margins

Net Profit After Tax (PAT) for H1 FY26 was INR 44.5 Cr, a 72.5% increase YoY. PAT margins improved from 3.75% in H1 FY25 to 6.25% in H1 FY26. FY25 Profit Before Tax stood at INR 76.24 Cr, up 2.3% from INR 74.51 Cr in FY24.

EBITDA Margin

Operating EBITDA margin for H1 FY26 was 11.13%, up 251 bps from 8.62% in H1 FY25. Q2 FY26 EBITDA margin reached 12.06% (INR 41 Cr), driven by volume growth and margin expansion despite lower top-line revenue.

Capital Expenditure

The company invested INR 49.95 Cr in Property, Plant, and Equipment and Intangibles during FY25, an 80% increase from the INR 27.77 Cr spent in FY24. A major 37,000-tonne capacity expansion is underway to unlock future revenue.

Credit Rating & Borrowing

ICRA reaffirmed ratings with a comfortable liquidity profile supported by cash and investments of INR 132 Cr as of March 31, 2025. Finance costs decreased 20.5% YoY in H1 FY26 to INR 6.6 Cr as the company turned net cash positive by September 30, 2025.

⚙️ Operational Drivers

Raw Materials

Key raw materials include Styrene, Butadiene, and Acrylonitrile, which collectively represent approximately 70% of the total revenue cost.

Import Sources

Not specifically disclosed, but the company faces competition and pricing pressure from global suppliers in Korea, Russia, and China.

Capacity Expansion

Current capacity expansion of 37,000 tonnes is expected to unlock revenue potential of INR 550 Cr to INR 600 Cr. The company estimates a peak revenue potential of INR 1,600 Cr to INR 1,700 Cr with existing and newly commissioned capacities.

Raw Material Costs

Raw material costs in FY25 were INR 1,022.10 Cr, representing 73.4% of operating revenue. Profitability is highly vulnerable to volatility in Styrene and Butadiene prices, as the company typically benefits when prices rise and faces stock losses when they fall.

Manufacturing Efficiency

Volume growth of 18% in H1 FY26 indicates high utilization. Management notes that increasing utilization from 80% to 90%+ provides the operating leverage to reject low-margin orders and improve absolute margins.

Logistics & Distribution

The company benefits from regional proximity in South and Southeast Asia, making it highly competitive in freight-sensitive products like synthetic latex compared to global peers.

📈 Strategic Growth

Expected Growth Rate

18%

Growth Strategy

Growth is driven by a 37,000-tonne capacity expansion, increasing export volumes, and diversifying the customer mix. The company is also pursuing anti-dumping duties to protect domestic market share from unfair foreign competition.

Products & Services

Synthetic rubber (NBR) and synthetic latex (Nitrile latex) used in industries like paper, carpets, construction, and gloves.

Brand Portfolio

Apcotex.

New Products/Services

The company is focusing on specialized, margin-accretive segments within the 37,000-tonne expansion to improve overall profitability.

Market Expansion

Targeting increased market share in Southeast Asian glove manufacturing, which is growing due to US tariffs on Chinese-made nitrile gloves.

Market Share & Ranking

Strong market position in the synthetic rubber and synthetic latex segments in India; recognized as a leading regional player in South and Southeast Asia.

🌍 External Factors

Industry Trends

The industry is seeing a shift toward regional supply chains to manage freight costs. Apcotex is positioning itself to capture this by expanding capacity and seeking regulatory protection via anti-dumping duties.

Competitive Landscape

Faces intense competition from large global players in Korea, Russia, and China who often have larger scales of operation.

Competitive Moat

The moat is built on logistical advantages in freight-sensitive latex and a 30-year promoter experience. This is sustainable as long as the company maintains regional proximity and cost-efficient manufacturing.

Macro Economic Sensitivity

Highly sensitive to global petrochemical cycles and economic growth in India and Southeast Asia, which drive demand for rubber and latex products.

Consumer Behavior

Increased demand for nitrile gloves and specialized synthetic rubbers in industrial applications is driving volume growth.

Geopolitical Risks

US-China trade tensions (tariffs on Chinese gloves) have shifted demand to Southeast Asian manufacturers, benefiting Apcotex as a regional supplier of nitrile latex.

⚖️ Regulatory & Governance

Industry Regulations

The Director General of Trade Remedies (DGTR) issued positive final findings on anti-dumping duties for the company's products, which is expected to provide a level playing field against imports.