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Apcotex Industries Limited (APCOTEXIND.NS)

INR521.35 -6.55 (-1.24%)
IN NSE Basic Materials Chemicals - Specialty
Address N. K. Mehta International House 400020
Mumbai, IN
CEO Abhiraj Atul Choksey
IPO 2002-08-12
ISIN INE116A01032

Explore sections of this company profile

Also trades on Bombay Stock Exchange · APCOTEXIND.BO (INR) National Stock Exchange of India · APCOTEXIND.NS (INR)
Description

Headquartered in Mumbai, India, Apcotex Industries Limited is a prominent producer and supplier of synthetic emulsion polymers. Founded in 1980, the company operated as Apcotex Lattices Limited until its rebranding in 2005. Its extensive product range encompasses various synthetic latexes, including carboxylated styrene butadiene, styrene acrylic, vinyl pyridine, and nitrile latexes, which are integral to applications like tire cord dipping, paper and paperboard coatings, carpet backing, concrete modification, waterproofing, non-wovens, textile finishing, paints, and gloves. Furthermore, Apcotex manufactures synthetic rubber products such as nitrile, NBR polyblend and powder, and high styrene rubber, serving critical uses in footwear, automotive components, rice rollers, molded items, V-belts, and conveyor belts. The company also actively exports its offerings to global markets.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR521.35 -6.55 (-1.24%)
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Volume Profile
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Liquidity & share structure
Average Volume
128.9K
Beta
0.24
Float Shares
19.95M
Free Float %
38.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.99% -11.67% +26.19% +26.84% +17.87% +27.44% +44.17% -0.75% +53.35% +312.99% +11,534.15%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
521.35
DCF (Unlevered) 1,150.92 +120.8%
DCF (Levered) 2,024.70 +288.4%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 1 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
6.31
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
4 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
4 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Chemicals - Specialty: +4.7%
    +3.5% Q1'26: +13.8% (vs Q1'25)
  • EPS growth Chemicals - Specialty: +13.2%
    +87.5% Q1'26: +107.4% (vs Q1'25)
  • FCF margin FCF growth · Chemicals - Specialty: +44.1%
    +9.4% Q1'26: +21.7% (vs Q1'25)
  • EBIT margin Chemicals - Specialty: +8.8%
    +8.9% Q1'26: +10.2% (vs Q1'25)
  • ROIC Chemicals - Specialty: +5.6%
    +14.8% Q1'26: +19.4% (vs Q1'25)
  • Share dilution Chemicals - Specialty: +0.1%
    +0.0% Q1'26: 0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Chemicals - Specialty: 0.18×
    0.54× Q1'26: 0.44× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.20) × ERP
WACC = 96% × Ke + 4% × Kd (11.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 1,116.63 Current price: 521.35
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
1 Rev. Ana.
1 EPS Ana.
Mar 2027
1 Rev. Ana.
1 EPS Ana.
Mar 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
3.53B
est: 3.65B (-3.2%)
2.95B
est: 3.11B (-5.3%)
3.89B
est: 3.70B (+5.1%)
5.24B
est: 5.25B (-0.2%)
6.23B
est: 6.44B (-3.2%)
4.92B
est: 4.98B (-1.2%)
5.38B
est: 5.09B (+5.7%)
9.51B
est: 9.90B (-3.9%)
10.69B
est: 10.51B (+1.7%)
11.13B
est: 11.06B (+0.6%)
13.92B
est: 14.24B (-2.2%)
13.87B
13.87B – 13.87B
-2.6% YoY
17.85B
17.85B – 17.85B
+28.7% YoY
20.59B
20.59B – 20.59B
+15.3% YoY
EBITDA
478.11M
est: 473.36M (+1.0%)
483.21M
est: 331.55M (+45.7%)
593.05M
est: 623.28M (-4.8%)
692.68M
est: 1.03B (-32.9%)
750.19M
est: 895.97M (-16.3%)
390.37M
est: 621.52M (-37.2%)
747.81M
est: 356.12M (+110.0%)
1.48B
est: 464.25M (+218.2%)
1.66B
est: 592.57M (+179.8%)
1.22B
est: 810.36M (+50.1%)
1.25B
est: 1.80B (-30.7%)
1.75B
1.75B – 1.75B
-2.6% YoY
2.26B
2.26B – 2.26B
+28.7% YoY
2.60B
2.60B – 2.60B
+15.3% YoY
EBIT
379.80M
est: 389.96M (-2.6%)
389.25M
est: 265.09M (+46.8%)
460.98M
est: 385.16M (+19.7%)
571.25M
est: 213.47M (+167.6%)
632.26M
est: 627.18M (+0.8%)
256.40M
est: 445.50M (-42.4%)
602.69M
est: 172.97M (+248.4%)
1.33B
est: 225.50M (+490.8%)
1.51B
est: 287.82M (+423.1%)
901.32M
est: 393.61M (+129.0%)
831.87M
est: 1.45B (-42.8%)
1.42B
1.42B – 1.42B
-2.6% YoY
1.82B
1.82B – 1.82B
+28.7% YoY
2.10B
2.10B – 2.10B
+15.3% YoY
Net Income
246.81M
est: 250.11M (-1.3%)
385.31M
est: 201.28M (+91.4%)
349.85M
est: 327.85M (+6.7%)
386.36M
est: 440.03M (-12.2%)
466.05M
est: 473.65M (-1.6%)
166.27M
est: 369.21M (-55.0%)
441.59M
est: 143.43M (+207.9%)
988.06M
est: 186.98M (+428.4%)
1.08B
est: 238.66M (+352.3%)
538.79M
est: 326.38M (+65.1%)
540.65M
est: 736.21M (-26.6%)
917.67M
917.67M – 917.67M
+24.6% YoY
1.36B
1.36B – 1.36B
+48.0% YoY
1.45B
1.45B – 1.45B
+6.9% YoY
SGA
136.15M
est: 179.39M (-24.1%)
122.47M
est: 115.01M (+6.5%)
140.34M
est: 556.14M (-74.8%)
165.18M
est: 603.33M (-72.6%)
190.08M
est: 672.15M (-71.7%)
203.63M
est: 479.41M (-57.5%)
271.34M
est: 418.34M (-35.1%)
457.55M
est: 545.37M (-16.1%)
466.75M
est: 696.10M (-32.9%)
555.97M
est: 951.95M (-41.6%)
745.05M
est: 906.93M (-17.8%)
883.40M
883.40M – 883.40M
-2.6% YoY
1.14B
1.14B – 1.14B
+28.7% YoY
1.31B
1.31B – 1.31B
+15.3% YoY
EPS
4.76
est: 4.83 (-1.3%)
4.76
est: 4.36 (+9.2%)
6.75
est: 4.78 (+41.2%)
7.45
est: 8.94 (-16.6%)
8.99
est: 9.52 (-5.6%)
3.21
est: 6.00 (-46.5%)
8.52
est: 6.80 (+25.3%)
19.06
est: 18.30 (+4.2%)
20.82
est: 23.70 (-12.2%)
10.39
est: 14.00 (-25.8%)
10.43
est: 14.20 (-26.5%)
17.70
17.70 – 17.70
+24.6% YoY
26.20
26.20 – 26.20
+48.0% YoY
28.00
28.00 – 28.00
+6.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-05-11 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-05-08 A- 4/5 4/5 5/5 5/5 2/5 3/5 2/5
2026-05-07 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-06 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-05 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-05-04 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-30 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-29 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-28 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-27 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-24 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-23 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-22 C 2/5 4/5 1/5 1/5 1/5 2/5 1/5
2026-04-21 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-20 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-17 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5
2026-04-16 C 2/5 5/5 1/5 1/5 1/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.39B
OE per share TTM
26.86
Owner's Yield
5.50%
Maintenance CapEx ratio
100.18%
Maint CapEx / Avg PPE
29.3%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
2.26M
Shares Outstanding
51.84M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Abhiraj Atul Choksey Vice Chairman & MD 24M male
Ravishankar Lakshmanam Sharma Chief Operating Officer & Executive Director 10M male
Drigesh Mittal Head of Legal, Company Secretary & Compliance Officer male
Suraj S. Badale DGM of Accounts male
Vivek V. Thakur Chief Financial Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits