MarketFriction

Apcotex Industries Ltd

NSE APCOTEXIND · BSE 523694 · Rubber
₹593.25 -0.39%
NSE close2026-10-01
52 week range310.45 - 712.00
Market cap₹3,085 Cr.
P/E19.2
Price band 20% Delivery 55.3%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales279257311337351355349376337331398526
Expenses248232279305324328311337296288343409
Operating Profit3225313227273839414455117
OPM %11%10%10%9%8%8%11%10%12%13%14%22%
Other Income2222351310-273
Interest444445443222
Depreciation888101111111112121413
Profit before tax2115212015162426362845105
Tax %28%28%28%26%28%30%32%27%30%19%23%25%
Net Profit151115151112171925223579
EPS in Rs2.952.152.952.852.112.233.233.704.884.296.7015.23
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2653885266264965419571,0801,1251,3921,4421,591
Expenses2273584615564614718179211,0111,2681,2641,335
Operating Profit383066693470140159114125177256
OPM %14%8%12%11%7%13%15%15%10%9%12%16%
Other Income7295865878101818
Interest3434243516171110
Depreciation91212121315141532425051
Profit before tax3343566225571301467576135213
Tax %26%19%31%24%32%22%24%26%28%29%25%
Net Profit253539471744991085454101161
EPS in Rs4.766.757.469.003.218.5219.0620.8210.3910.4319.5631.10
Dividend Payout %38%27%32%33%94%41%26%26%53%62%41%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth18%22%10%11%
Compounded Profit Growth17%18%-2%176%
Stock Price CAGR15%8%5%55%
Return on Equity16%17%13%17%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital51010101010101010101010
Reserves95177213236267241295386466511543611
Borrowings31252217449155015218818996
Other Liabilities507552809597132158176212256269
Total Liabilities181288297344377397452605803922999986
Fixed Assets6390887976125145157385386386364
CWIP2569211912391281211
Investments311840756954829888111106117
Other Assets85176163181210198213312318417495494
Total Assets181288297344377397452605803922999986
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity32-642253393675481214085203
Cash from Investing Activity-886-8-10-8-42-37-67-179-20-29-57
Cash from Financing Activity-26-17-17-18-307-461271-13-44-141
Net Cash Flow-25-32511-8-8138115
Free Cash Flow24-71224617-1352-20-661243165
CFO/OP99%-151%97%102%74%121%124%56%99%50%83%134%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days5111573686566716246666762
Inventory Days239063524165635356615049
Days Payable317131504550916155666870
Cash Conversion Cycle43135105696181435448614840
Working Capital Days106362475142424436352533
ROCE %26%18%10%24%24%9%19%35%28%13%13%20%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters58.23%58.23%58.23%58.23%58.23%58.23%58.23%58.23%58.23%58.23%58.23%58.23%
FIIs0.51%0.51%0.48%0.49%0.48%0.47%0.52%0.50%0.59%0.62%0.64%0.69%
DIIs0.19%0.44%0.56%0.63%0.59%0.68%0.69%1.00%2.19%2.23%2.23%1.91%
Public41.06%40.82%40.71%40.64%40.69%40.63%40.57%40.29%39.00%38.92%38.93%39.18%
No. of Shareholders37,02335,64435,22534,47933,88234,19933,58332,69231,47130,69330,39130,918

Fundamentals

Market Cap₹ 3,085 Cr.
Current Price₹ 595
Stock P/E19.2
Book Value₹ 120
ROCE19.8 %
ROE17.1 %
Dividend Yield1.34 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)11%
Compounded Profit Growth (TTM)176%
Standalone figures.
Valuation
Market capRs 3,076 Cr
Enterprise valueRs 3,126 Cr
P/E (TTM)19.08x
Price to book4.95x
Price to sales1.93x
EV / EBITDA11.40x
EV / EBIT14.03x
EV / sales1.96x
Price to cash flow15.12x
Earnings yield5.24%
Dividend yield1.35%
P/E, 3-year average30.08x
P/B, 3-year average3.37x
P/E, 5-year average26.49x
P/B, 5-year average4.02x
Profitability
Operating margin (excl. other income)12.31%
Operating margin (incl. other income)13.57%
EBITDA margin17.24%
Pre-tax margin13.40%
Net profit margin10.13%
Net margin, latest quarter15.02%
ROE17.27%
ROCE20.01%
ROA10.22%
ROE, 3-year average12.71%
ROCE, 3-year average15.45%
ROA, 3-year average7.36%
ROE, 5-year average18.21%
ROCE, 5-year average21.85%
ROA, 5-year average11.22%
ROIC (approx.)24.97%
Tax rate24.79%
Other income / net worth2.93%
Growth
Sales growth (latest year)3.53%
Profit growth (latest year)87.59%
Sales CAGR, 3 years10.10%
Sales CAGR, 5 years21.67%
Profit CAGR, 3 years-2.06%
Profit CAGR, 5 years18.09%
Sales growth QoQ32.21%
Profit growth QoQ127.23%
Sales growth YoY (latest quarter)39.88%
Profit growth YoY (latest quarter)312.00%
Per share
EPS (TTM)Rs 31.09
EPS (latest year)Rs 19.56
EPS (latest quarter)Rs 15.23
EPS, 3-year averageRs 13.46
EPS, 5-year averageRs 16.05
Book value per shareRs 119.78
Sales per shareRs 306.95
Cash flow per shareRs 39.24
Free cash flow per shareRs 31.83
Dividend per share (latest year)Rs 8.00
Dividend per share, 3-year averageRs 6.67
Dividend per share, 5-year averageRs 6.10
Dividends
Dividend payout40.90%
Dividend payout, 3-year average52.06%
Dividend payout, 5-year average41.77%
Efficiency
Asset turnover1.46x
Fixed asset turnover3.96x
Inventory turnover8.30x
Inventory days44 days
Debtor days62 days
Debtors turnover5.90x
Creditor days70 days
Cash conversion cycle40 days
Working capital days33 days
Leverage
Total debtRs 96 Cr
Cash and bankRs 46 Cr
Net debtRs 50 Cr
Debt to equity0.16x
Net debt / EBITDA0.18x
Interest coverage22.98x
Current ratio (filing 2026-03-31)1.66x
Quick ratio (filing 2026-03-31)1.23x
Trade payables (filing 2026-03-31)Rs 184 Cr
Owners' fund to total sources62.95%
Debt to assets9.77%
Cash flow
Cash from Operating Activity (latest year)Rs 203 Cr
Cash from Investing Activity (latest year)Rs -57 Cr
Cash from Financing Activity (latest year)Rs -141 Cr
Net Cash Flow (latest year)Rs 5 Cr
Free cash flow (latest year)Rs 165 Cr
FCFE (approx.: FCF + change in debt)Rs 72 Cr
Cash from ops / profit, 5 years1.19x
Sales to cash flow7.09x
Statement figures
Net sales (TTM)Rs 1,591 Cr
Net sales (latest year)Rs 1,442 Cr
Sales (latest quarter)Rs 526 Cr
Operating profit excl. other income (latest year)Rs 177 Cr
Operating profit (latest quarter)Rs 117 Cr
Other income (TTM)Rs 18 Cr
EBITDA (TTM)Rs 274 Cr
PBDT (TTM)Rs 265 Cr
Profit before tax (TTM)Rs 213 Cr
Tax (latest year)Rs 33 Cr
Net profit (TTM)Rs 161 Cr
Net profit (latest year)Rs 101 Cr
Net profit (latest quarter)Rs 79 Cr
Depreciation (TTM)Rs 51 Cr
Depreciation (latest quarter)Rs 13 Cr
Interest (TTM)Rs 10 Cr
Cost of goods sold (latest year)Rs 1,064 Cr
Total expenditure (latest year)Rs 1,264 Cr
Total income (latest year)Rs 1,460 Cr
Share capitalRs 10 Cr
ReservesRs 611 Cr
Shareholders' fundsRs 621 Cr
Total assetsRs 986 Cr
Net blockRs 364 Cr
Capital work in progressRs 11 Cr
InvestmentsRs 117 Cr
ReceivablesRs 244 Cr
InventoryRs 128 Cr
Other liabilitiesRs 269 Cr
Shares outstanding (crore)5.18
Ownership
Promoter holding58.23% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 19.1 is at the 7th percentile of its own 9.4-year range (median 28.9, low 8.6, high 105.2).
P/B 4.95 is at the 65th percentile (median 4.45).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodAPCOTEXINDNifty 50Difference
1 week-1.6%-2.8% +1.2 pts
1 month-7.2%-6.8% -0.4 pts
3 months+12.9%-7.6% +20.5 pts
6 months+88.9%+0.4% +88.5 pts
1 year+48.0%-9.9% +58.0 pts
2 years+35.6%-13.6% +49.1 pts
3 years+16.4%+14.2% +2.3 pts
5 years+39.2%+27.9% +11.3 pts
4 mutual fund schemes hold about ₹0 Cr. Over three months 0 bought more and 3 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
ICICI Pru Small Cap Fund0.00%0 -100%
ICICI Pru Children's Fund0.00%0 -100%
ICICI Pru Small Cap Fund0.00%0 -100%
Motilal Oswal BSE 1000 Index Fund0.01%0 +3%

Red flags

F-score 8 of 8
lookRegulator order or action Regulator order or action 2025-12-30: Apcotex Industries Limited has informed the Exchange about the order passed by the Assistant Commissioner of the State Tax, Mumbai, Maharash
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹526 Cr +39.9% vs Jun 2025. Net profit ₹79 Cr +315.8%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-06-12Dividend - Rs 5.50 Per Share
2026-02-04Interim Dividend - Rs 2.50 Per Sh
2025-06-13Dividend - Rs 4.50 Per Share
2025-02-03Interim Dividend - Rs 2 Per Share
2024-07-19Dividend - Rs 3.50 Per Share
2024-02-05Interim Dividend - Rs 2 Per Share
2023-06-12Annual General Meeting/Dividend - Rs 3.50 Per Share
2023-02-07Interim Dividend - Rs 2 Per Share
2022-06-06Annual General Meeting/Dividend - Rs 3 Per Share
2022-02-10Interim Dividend - Rs 2 Per Share
2021-07-01 Annual General Meeting/Dividend - Rs 2 Per Share
2021-02-11 Interim Dividend - Rs 1.50 Per Share
2020-07-23 Annual General Meeting
2020-02-24 Interim Dividend - Rs 3 Per Share
2019-07-04 Face Value Split (Sub-Division) - From Rs 5 Per Share To Rs 2 Per Share0.4000
2019-05-23 Annual General Meeting/Dividend Rs 7.50 Per Sh
2018-07-19 Annual General Meeting/Dividend- Rs 6 Per Share
2017-08-08 Annual General Meeting/Dividend - Rs 4.50 Per Share
2016-07-28 Annual General Meeting/ Dividend -Rs 4.50/- Per Share
2015-09-23 Bonus 1:10.5000
2015-07-22Dividend - Rs 7/- Per Share
2014-07-21Annual General Meeting / Dividend - Rs 5/- Per Share
2013-08-14Face Value Split From Rs.10/- To Rs.5/-0.5000
2013-06-19Annual General Meeting And Dividend Rs.9/- Per Share
2012-06-27Dividend Rs 8 Per Share
2011-07-20Dividend-Rs.7/- Per Share
2010-07-14Dividend-Rs.5/- Per Share
2009-07-16Dividend-Rs.4/- Per Share
2008-07-02Dividend - 30%
2007-07-18Annual Book Closure
2006-06-08Dividend-20%
DateTypeWhat it says
2026-08-27Credit RatingCredit Rating
2026-08-05Concall / analyst meetTranscript
2026-07-30Concall / analyst meetLink of Recording
2026-07-30Investor PresentationInvestor Presentation
2026-07-29Board meeting outcomeApcotex Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-23Concall / analyst meetSchedule of meet
2026-06-25Change in ManagementIntimation under Regulation 30 read with Part A of the Schedule III of SEBI (LODR) Regulations, 2015.
2026-06-25Shareholder meetingVoting results.
2026-06-25Shareholder meetingProceedings of Annual General Meeting held on Jun 25, 2026
2026-06-22Disclosure under SEBI TakeovAtul choksy has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acqui...
2026-06-20General UpdatesPursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, please find enclosed a copy of letter dispatched to the shareholders holding shares in phy...
2026-06-02General UpdatesIntimation under Regulation 30 of SEBI (LODR) Regulations, 2015 regarding Letters sent to Shareholders.
2026-06-01Investor PresentationInvestor Presentation
2026-05-30UpdatesCommunication To Shareholders - Intimation On Tax Deduction On Dividend.
2026-05-29Shareholder meetingNotice of Annual General Meeting to be held on Jun 25, 2026
2026-05-29Record DateRecord date for the purpose of Final Dividend is 12-Jun-2026.
2026-05-22General UpdatesIntimation pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015 w.r.t. Communication to shareholders regarding launch of "Second 100 Days Ca...
2026-05-22Concall / analyst meetSchedule of meet
2026-05-14Concall / analyst meetTranscript
2026-05-07Concall / analyst meetLink of Recording
2026-05-07Investor PresentationInvestor Presentation
2026-05-06AcquisitionAcquisition
2026-05-06Director changeChange in Director(s) of the company.
2026-05-06DividendBoard of Directors at its meeting held on May 06, 2026, recommended Final Dividend of Rs. 5.50 per equity share.
2026-05-06Board meeting outcomeApcotex Industries Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
High low price variation greater than 100perc in previous 6 months

Quick answers

What is the market cap of Apcotex Industries Ltd?

Apcotex Industries Ltd (APCOTEXIND) has a market capitalisation of Rs 3,085 Cr. at the 2026-10-01 close.

What is the P/E ratio of Apcotex Industries Ltd?

Apcotex Industries Ltd trades at a P/E of 19.2 on trailing twelve-month profit, at the 2026-10-01 close.

What were Apcotex Industries Ltd's latest quarterly results?

In the Jun 2026 quarter, Apcotex Industries Ltd sales was Rs 526 Cr (+39.9% vs Jun 2025) and net profit was Rs 79 Cr.

What is the 52-week high and low of Apcotex Industries Ltd?

The 52-week high is Rs 712.00 and the 52-week low is Rs 310.45.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03