APCOTEXINDNSEApcotex Industries Limited· MiscellaneousMediumNeutral
Announced Thu, 14 May · 14:04 IST

Apcotex Industries Limited has informed the Exchange about Transcript

Mgmt Guided Margin ImprovementInvestor Communications View source PDF

APCOTEXIND · price

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+4.2%1-day move
₹471.00
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₹475.90
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AI summary

Apcotex Industries reported strong Q4 FY '26 results with operating revenue of INR 398 crores (up 14% YoY) and PAT of INR 35 crores (up 107% YoY). Full year FY '26 saw record sales volumes and highest ever exports, with operating revenue of INR 1,442 crores and PAT of INR 101 crores (up 88% YoY). The company remains net cash positive with cash exceeding borrowings by approximately INR 70 crores. Management highlighted one-off provisions of INR 14 crores (long-term incentive plan, pending litigations, gratuity changes) and INR 4 crores impairment on turbine assets. Nitrile latex is running at full capacity utilization with structurally improving margins, though some March gains were temporary due to geopolitical advantages over competitors. Major capacity expansion for NBR and synthetic latex will come on stream in Q1 FY '28. The company is building a new R&D center with INR 20-25 crores investment.

Likely market impact

Strong quarter with 107% PAT growth demonstrates operational resilience despite geopolitical disruptions. Management guided that margins should be better than last year's average, though quarterly volatility will persist due to raw material price uncertainties and geopolitical risks.