APCOTEXIND

Apcotex Industries Limited

Synthetic rubber and latex products for multiple industries

Industrials›Capital Goods›Industrial Products›Rubber

apcotex.com(opens the company website in a new tab)
Ask AI

Key metrics

Price as of 2026-10-16

Stock price
₹597.45
Market cap
3,097 Cr
Stock P/E
19.2
P/B
4.99
Dividend yield
1.2%
ROE (FY26)
16.3%
ROCE (FY26)
20.7%
Operating margin (FY26)
8.9%
Debt / equity (FY26)
0.15
OCF / EBITDA (FY26)
114.7%
OCF / EBITDA (3Y)
78.9%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

Loading price history…

Compare with peers

Loading peers…

What you need to know

Apcotex Industries makes synthetic rubber and latex, such as nitrile rubber and nitrile latex used in medical gloves, which it sells in India and export markets.

Company snapshot

1stBy market cap

Ranked among 8 companies in Rubber.

What we see

Positives
  • ✓Debt-to-equity of 0.15x — the company is largely funded by its own money, not borrowed funds.
2 more signals from the filings.Sign in free to see them all

Statement tables · Standalone

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Standalone only

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales279 Cr257 Cr311 Cr337 Cr351 Cr355 Cr349 Cr376 Cr337 Cr331 Cr398 Cr526 Cr
Operating expenses (approx.)248 Cr232 Cr279 Cr305 Cr324 Cr328 Cr311 Cr337 Cr296 Cr288 Cr343 Cr409 Cr
EBITDA32 Cr25 Cr31 Cr32 Cr27 Cr27 Cr38 Cr39 Cr41 Cr44 Cr55 Cr117 Cr
OPM %11.3%9.9%10.1%9.4%7.8%7.6%11.0%10.3%12.1%13.1%13.8%22.3%
Other income2 Cr2 Cr2 Cr2 Cr3 Cr5 Cr0.93 Cr3 Cr5 Cr3 Cr7 Cr3 Cr
Interest4 Cr4 Cr4 Cr4 Cr4 Cr5 Cr4 Cr4 Cr3 Cr2 Cr2 Cr2 Cr
Depreciation8 Cr8 Cr8 Cr10 Cr11 Cr11 Cr11 Cr11 Cr12 Cr12 Cr14 Cr13 Cr
Profit before tax21 Cr15 Cr21 Cr20 Cr15 Cr16 Cr24 Cr26 Cr36 Cr28 Cr45 Cr105 Cr
Tax %27.9%27.7%28.5%26.3%28.3%29.6%31.5%27.2%29.7%19.4%22.8%24.6%
Net profit15 Cr11 Cr15 Cr15 Cr11 Cr12 Cr17 Cr19 Cr25 Cr22 Cr35 Cr79 Cr
EPS (₹)₹2.95₹2.15₹2.95₹2.85₹2.11₹2.23₹3.23₹3.70₹4.88₹4.28₹6.70₹15.23

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales431 Cr538 Cr626 Cr496 Cr541 Cr957 Cr1,080 Cr1,125 Cr1,392 Cr1,441 CrSign in free for the trailing twelve months
Operating expenses (approx.)402 Cr474 Cr558 Cr463 Cr472 Cr817 Cr921 Cr1,011 Cr1,268 Cr1,264 CrSign in free for the trailing twelve months
EBITDA29 Cr64 Cr68 Cr33 Cr69 Cr140 Cr159 Cr114 Cr125 Cr177 CrSign in free for the trailing twelve months
OPM %6.7%11.9%10.8%6.7%12.7%14.6%14.7%10.1%9.0%12.3%Sign in free for the trailing twelve months
Other income30 Cr7 Cr8 Cr6 Cr6 Cr8 Cr7 Cr8 Cr10 Cr17 CrSign in free for the trailing twelve months
Interest3 Cr2 Cr2 Cr1 Cr4 Cr3 Cr5 Cr16 Cr17 Cr11 CrSign in free for the trailing twelve months
Depreciation12 Cr12 Cr12 Cr13 Cr15 Cr14 Cr15 Cr32 Cr42 Cr50 CrSign in free for the trailing twelve months
Profit before tax43 Cr56 Cr62 Cr25 Cr57 Cr130 Cr146 Cr75 Cr76 Cr137 CrSign in free for the trailing twelve months
Tax %19.4%30.7%24.4%33.8%22.2%24.2%25.8%27.7%29.1%25.9%Sign in free for the trailing twelve months
Net profit35 Cr39 Cr47 Cr17 Cr44 Cr99 Cr108 Cr54 Cr54 Cr101 CrSign in free for the trailing twelve months
EPS (₹)₹16.87₹18.63₹22.47₹3.21₹8.52₹19.06₹20.82₹10.39₹10.43₹19.56Sign in free for the trailing twelve months
Dividend payout %————8.6%20.8%23.9%52.3%52.1%35.7%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital10 Cr10 Cr10 Cr10 Cr10 Cr10 Cr10 Cr10 Cr10 Cr10 Cr
Reserves213 Cr236 Cr267 Cr241 Cr295 Cr386 Cr466 Cr511 Cr543 Cr611 Cr
Borrowings22 Cr17 Cr4 Cr42 Cr11 Cr50 Cr152 Cr183 Cr185 Cr93 Cr
Other liabilities52 Cr85 Cr95 Cr104 Cr135 Cr159 Cr176 Cr218 Cr261 Cr273 Cr
Total liabilities297 Cr349 Cr377 Cr397 Cr452 Cr605 Cr803 Cr922 Cr999 Cr986 Cr
Fixed assets (net)87 Cr78 Cr75 Cr124 Cr144 Cr156 Cr383 Cr384 Cr384 Cr362 Cr
CWIP6 Cr9 Cr21 Cr19 Cr12 Cr39 Cr12 Cr8 Cr12 Cr11 Cr
Investments40 Cr50 Cr69 Cr54 Cr82 Cr98 Cr89 Cr113 Cr107 Cr119 Cr
Loans & advances——0.25 Cr0.34 Cr0.39 Cr0.40 Cr0.51 Cr0.49 Cr0.50 Cr0.35 Cr
Inventories45 Cr49 Cr48 Cr60 Cr56 Cr87 Cr105 Cr125 Cr138 Cr128 Cr
Trade receivables78 Cr98 Cr111 Cr89 Cr105 Cr162 Cr137 Cr203 Cr254 Cr244 Cr
Cash & bank6 Cr31 Cr6 Cr12 Cr11 Cr2 Cr15 Cr15 Cr27 Cr32 Cr
Other assets36 Cr33 Cr47 Cr38 Cr42 Cr62 Cr60 Cr74 Cr76 Cr89 Cr
Total assets297 Cr349 Cr377 Cr397 Cr452 Cr605 Cr803 Cr922 Cr999 Cr986 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity22 Cr53 Cr39 Cr36 Cr75 Cr48 Cr121 Cr40 Cr85 Cr203 Cr
Cash from investing-8 Cr-10 Cr-8 Cr-42 Cr-37 Cr-67 Cr-179 Cr-20 Cr-29 Cr-57 Cr
Cash from financing-17 Cr-18 Cr-30 Cr7 Cr-46 Cr12 Cr71 Cr-13 Cr-44 Cr-141 Cr
Net cash flow-3 Cr25 Cr0.84 Cr0.95 Cr-8 Cr-8 Cr13 Cr8 Cr11 Cr5 Cr
Free cash flow (OCF − Capex)11 Cr41 Cr17 Cr-14 Cr51 Cr-20 Cr-66 Cr12 Cr35 Cr159 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %18.9%21.7%22.5%9.0%19.1%29.9%24.0%12.8%12.7%20.7%
ROE %15.7%15.7%16.8%6.6%14.5%24.9%22.7%10.3%9.8%16.3%
Debtor days66666566716246666662
Inventory days62503962615053584947
Days payable31494348655851636768
Cash conversion cycle97686180675448614941
OCF / EBITDA %76.3%83.4%57.5%108.8%109.7%34.0%76.6%35.3%67.9%114.7%
OCF / EBITDA % (3 years)——71.2%77.9%88.7%65.8%66.5%50.7%62.0%78.9%
Debt / equity0.100.070.010.170.040.130.320.350.330.15
Current ratio2.072.102.371.851.751.841.791.571.451.66
Net debt / EBITDA0.57-0.21-0.030.890.00660.340.861.471.270.34