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Earnings Call

Apcotex Industries Earnings Call: Key Takeaways

Apcotex delivered strong Q3 FY26 profitability growth despite declining revenues, driven by raw material price drops and high capacity utilization in Nitrile Latex and Rubber segments.

Highlights
Revenue growthRevenue fell 7% YoY; 10% volume growth offset by lower realizations.
MarginsEBITDA margins expanded significantly to 13.12% from 7.5% YoY.
Demand visibilityStrong demand in Southeast Asia for gloves; domestic paper segment recovering.
Management confidenceConfident, highlighting operational efficiency and record volume growth in nine months.

Growth

Volumes grew 10% YoY, but revenue fell 7% due to lower raw material and finished goods pricing.

Outlook

Ongoing ₹210cr projects on track; targeting ₹550-600cr incremental revenue by FY27 through 50-60% capacity expansion.

Risks

Anti-dumping duty delays for NBR and volatile raw material costs (Styrene/Acrylonitrile) remain key headwinds.

Source

Earnings Call filed with BSE, NSE: APCOTEXIND. Summary written with AI assistance from the document.

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Apcotex Industries Ltd: key numbers

Share price
₹599.40
Market cap
₹3,108 Cr
Revenue (annual)
₹1,442 Cr
Net profit (annual)
₹101.4 Cr
P/E (TTM)
19.3×Sector 33.6×
Promoter holding
58.23%+0.00% QoQ
FII holding
0.69%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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14:13 IST NSE
Financial Results

Apcotex Industries Q1 FY27 Results: Net Profit ₹78.9 Cr, Up 310.9% YoY

Apcotex Industries Ltd reported revenue from operations of ₹525.6 Cr (+39.9% YoY) and net profit of ₹78.9 Cr (+310.9% YoY) for Q1 FY27.

Key figure
Net profit ₹78.9 Cr · +310.9% YoY