Apcotex Industries Ltd
Apcotex Industries Ltd is a leading producer of Synthetic Rubber (Nitrile Rubber, High Styrene Rubber, Nitrile Polyblends and Nitrile Powder) and Synthetic Latex (XSB Latex, VP Latex, Styrene Acrylics, and Nitrile Latex) in India.[1]
- Market Cap ₹ 2,010 Cr.
- Current Price ₹ 390
- High / Low ₹ 490 / 287
- Stock P/E 37.4
- Book Value ₹ 107
- Dividend Yield 1.67 %
- ROCE 12.8 %
- ROE 9.99 %
- Face Value ₹ 2.00
Pros
- Company has been maintaining a healthy dividend payout of 47.2%
Cons
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Rubber
Part of BSE SmallCap BSE Allcap BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
293 | 352 | 265 | 388 | 526 | 626 | 496 | 541 | 957 | 1,080 | 1,125 | 1,392 | |
267 | 309 | 227 | 358 | 461 | 556 | 461 | 471 | 817 | 921 | 1,011 | 1,268 | |
Operating Profit | 26 | 42 | 38 | 30 | 66 | 69 | 34 | 70 | 140 | 159 | 114 | 125 |
OPM % | 9% | 12% | 14% | 8% | 12% | 11% | 7% | 13% | 15% | 15% | 10% | 9% |
2 | 6 | 7 | 29 | 5 | 8 | 6 | 5 | 8 | 7 | 8 | 10 | |
Interest | 5 | 4 | 3 | 4 | 3 | 4 | 2 | 4 | 3 | 5 | 16 | 17 |
Depreciation | 7 | 9 | 9 | 12 | 12 | 12 | 13 | 15 | 14 | 15 | 32 | 42 |
Profit before tax | 17 | 35 | 33 | 43 | 56 | 62 | 25 | 57 | 130 | 146 | 75 | 76 |
Tax % | 21% | 29% | 26% | 19% | 31% | 24% | 32% | 22% | 24% | 26% | 28% | 29% |
13 | 25 | 25 | 35 | 39 | 47 | 17 | 44 | 99 | 108 | 54 | 54 | |
EPS in Rs | 2.54 | 4.76 | 4.76 | 6.75 | 7.46 | 9.00 | 3.21 | 8.52 | 19.06 | 20.82 | 10.39 | 10.43 |
Dividend Payout % | 40% | 30% | 38% | 27% | 32% | 33% | 94% | 41% | 26% | 26% | 53% | 62% |
Compounded Sales Growth | |
---|---|
10 Years: | 15% |
5 Years: | 23% |
3 Years: | 13% |
TTM: | 24% |
Compounded Profit Growth | |
---|---|
10 Years: | 10% |
5 Years: | 27% |
3 Years: | -18% |
TTM: | 0% |
Stock Price CAGR | |
---|---|
10 Years: | 16% |
5 Years: | 29% |
3 Years: | -15% |
1 Year: | -8% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 17% |
3 Years: | 15% |
Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
Reserves | 80 | 95 | 177 | 213 | 236 | 267 | 241 | 295 | 386 | 466 | 511 | 543 |
48 | 31 | 25 | 22 | 17 | 4 | 49 | 15 | 50 | 152 | 188 | 189 | |
50 | 50 | 75 | 52 | 80 | 95 | 97 | 132 | 158 | 176 | 212 | 256 | |
Total Liabilities | 183 | 181 | 288 | 297 | 344 | 377 | 397 | 452 | 605 | 803 | 922 | 999 |
68 | 63 | 90 | 88 | 79 | 76 | 125 | 145 | 157 | 385 | 386 | 386 | |
CWIP | 1 | 2 | 5 | 6 | 9 | 21 | 19 | 12 | 39 | 12 | 8 | 12 |
Investments | 24 | 31 | 18 | 40 | 75 | 69 | 54 | 82 | 98 | 88 | 111 | 106 |
90 | 85 | 176 | 163 | 181 | 210 | 198 | 213 | 312 | 318 | 417 | 495 | |
Total Assets | 183 | 181 | 288 | 297 | 344 | 377 | 397 | 452 | 605 | 803 | 922 | 999 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
10 | 32 | -64 | 22 | 53 | 39 | 36 | 75 | 48 | 121 | 40 | 85 | |
-6 | -8 | 86 | -8 | -10 | -8 | -42 | -37 | -67 | -179 | -20 | -29 | |
-14 | -26 | -17 | -17 | -18 | -30 | 7 | -46 | 12 | 71 | -13 | -44 | |
Net Cash Flow | -9 | -2 | 5 | -3 | 25 | 1 | 1 | -8 | -8 | 13 | 8 | 11 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 64 | 51 | 115 | 73 | 68 | 65 | 66 | 71 | 62 | 46 | 66 | 67 |
Inventory Days | 28 | 23 | 90 | 63 | 52 | 41 | 65 | 63 | 53 | 56 | 61 | 50 |
Days Payable | 40 | 31 | 71 | 31 | 50 | 45 | 50 | 91 | 61 | 55 | 66 | 68 |
Cash Conversion Cycle | 52 | 43 | 135 | 105 | 69 | 61 | 81 | 43 | 54 | 48 | 61 | 48 |
Working Capital Days | 33 | 25 | 87 | 82 | 59 | 53 | 56 | 48 | 53 | 45 | 64 | 58 |
ROCE % | 16% | 26% | 18% | 10% | 24% | 24% | 9% | 19% | 35% | 28% | 13% | 13% |
Documents
Announcements
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Announcement Under Regulation 30 - Letters Sent To Shareholders
3 Jun - Annual Report FY 2024-25 available online; shareholders urged to update KYC and dematerialize shares.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
3 Jun - Newspaper advertisement made, pursuant to Regulation 47 of the SEBI (LODR) Regulations, 2015.
- Reg. 34 (1) Annual Report. 2 Jun
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Business Responsibility and Sustainability Reporting (BRSR)
2 Jun - Apcotex files FY 2024-25 Business Responsibility and Sustainability Report per SEBI LODR regulations.
- Shareholder Meeting - AGM On Thursday, 26Th June 2025. 2 Jun
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from nse
Concalls
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May 2025Transcript PPT
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Product Portfolio
a) Synthetic latex [1]
Synthetic latex is manufactured from downstream petrochemicals, making it distinct from natural latex, which is derived from rubber plantations.
Types: Styrene Butadiene Latex, VP Latex, Styrene Acrylic Latex, and Nitrile Latex
Application: Paper/ Paper Board, Carpet, Gloves, Construction, Tyre Cord, Speciality, and Textiles.